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You may soon get to invest in bond ETFs

You may soon get to invest in bond ETFs

Finance
Bond exchange traded funds (ETF), similar in structure and intent to the stock ETF, could debut soon in India, where the government is seeking to enhance liquidity in debt investments and expand the scope for retail savings. New Delhi had floated a Request for Proposal (RFP) to appoint advisors for creating the bond ETF market, which is now beginning to rival stock ETFs in their depth and maturity overseas. The bidding closed May 16. Among the likely bidders is the Mumbai-based Trust Capital, three people familiar with the matter told ET. The Department of Investment and Public Asset Management (DIPAM), which invited the tender for appointing the advisor, did not confirm the number of bidders in the race. Sources, however, said that Trust Capital may have been the only company to file the ...

Make Saving for Retirement Easier — Invest Some Fun

Finance
[unable to retrieve full-text content]Being told to save for retirement when you re starting a career can sound as appealing as eat your vegetables did when you were a kid at the dinner table But the task doesn t have to be as drab as digging into a plate of steamed cauliflower You can spice up the process to Latest Articles in
Rolls-Royce and Boeing invest in UK space engine

Rolls-Royce and Boeing invest in UK space engine

Science
Reaction Engines Limited (REL), the UK company developing a revolutionary aerospace engine, has announced investments from both Boeing and Rolls-Royce. REL, based at Culham in Oxfordshire, is working on a propulsion system that is part jet engine, part rocket engine. The company believes it will transform the space launch market and usher in hypersonic travel around the Earth. The new investments amount to £26.5m. Included in this sum are contributions from Baillie Gifford Asset Management and Woodford Investment Management. It lifts the total capital raised in the past three years to about £100m. The British government has already put in £60m. BAE Systems initially injected £20m in 2015 and has invested new funds in this latest financial round. "Rolls-Royce and Boeing - these are really b
GIC, KKR, Premji Group to invest Rs 11,000 crore in HDFC Ltd

GIC, KKR, Premji Group to invest Rs 11,000 crore in HDFC Ltd

Finance
MUMBAI: India's largest mortgage lender HDFC Ltd has bagged a Rs 11,104 crore investment from marquee investors - like private equity giant GIC Singapore, KKR, Canadian pension plan Ontario Municipal Employees Retirement System, Carmignac Group and Premji Invest. This would lead to a stake dilution of 3.87%. The preferential allotment will be made at a share price of Rs 1,726.05 per share to 10 investors. The mortgage lender was trading at Rs 1,761.25 at the end of trade on Friday. HDFC board also approved raising Rs 1,896 crore through a Qualified Institutions Placement (QIP) which will be completed within 12 months. "The Committee of Directors of the Corporation at its meeting held today approved the issue of equity shares up to an aggregate amount not exceeding Rs 13,000 crore t...
How to Invest in Travel Stocks

How to Invest in Travel Stocks

Finance
Worth an estimated $ 2.3 trillion last year, the global travel and tourism market is one of the biggest industries in the world. As standards of living around the world have improved and travel has become cheaper, the industry has steadily expanded as more people have money to spend on discretionary trips and tourism. Traveling internationally is much more affordable than it once was, and the number of international tourist arrivals more than doubled from 2005 to 2015 to 1.19 billion. While the industry is steadily growing, travel companies and stocks tend to be macroeconomically sensitive as tourism is dependent on discretionary spending, and recessions or global crises like 9/11 can crush the industry.Investors in travel stocks will want to focus on one or more...