Factor ETFs: Why you should invest for long-term returns

Factor ETFs: Why you should invest for long-term returns

While investing, everyone who adheres to a clearly defined rule-based strategy stands a chance to make money. If the rules have stood the test of time, the odds of winning are even higher. Factor-based or smart beta exchange traded funds (ETF) adopt this rule-based approach of portfolio construction. They can be an interesting portfolio candidate … Read more

Motherson Sumi Wiring capacity to go up 10% as two new plants get operational in Q1: Management

Motherson  Sumi Wiring  capacity to go up 10% as two new plants get operational in Q1: Management

Mahender Chhabra, CFO & Anurag Gahlot, COO, Motherson Sumi Wiring, in conversation with ET Now. Gaholot says Motherson Sumi Wiring finds the market very interesting and expects very good growth in the future as well. Volume is growing from the OEMs who ate adding capacities and customers are also choosing feature-rich models or topline models. … Read more

India to become USD 4 trillion economy in FY25: Sanjeev Sanyal

India to become USD 4 trillion economy in FY25: Sanjeev Sanyal

New Delhi: India will be a USD 4 trillion economy in 2024-25 and surpass Japan by early next fiscal to become the world’s fourth largest economy, Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal said on Thursday. Sanyal further said that a 7 per cent economic growth rate will be a ‘very … Read more

Varun Beverages Q1 Results: PAT jumps 25% YoY to Rs 548 crore; revenue rises 11%

Varun Beverages Q1 Results: PAT jumps 25% YoY to Rs 548 crore; revenue rises 11%

Varun Beverages on Monday reported a consolidated net profit of Rs 548 crore, rising 25% year-on-year (YoY) for the quarter ended March 31, 2024, as compared to Rs 439 crore reported in the year-ago period. The revenue from operations for the reported quarter stood at Rs 4,398 crore which was up by 11.2% YoY over … Read more

Sensex can zoom to 1.5 lakh by 2029 but don’t be a speculator

Sensex can zoom to 1.5 lakh by 2029 but don’t be a speculator

“If trouble comes when you least expect it, then maybe the thing to do is to always expect it.” Cormac McCarthy Considered in a proper historical and comparative perspective, the 30-share Sensex, which breached the 25,000 mark in May 2014 and the 50,000 mark on January 21, 2021, smashed the psychological 75,000 barrier, zooming to … Read more

CarTrade Tech shares jump 14% on highest ever revenue in Q4, PAT grows 43% YoY

CarTrade Tech shares jump 14% on highest ever revenue in Q4, PAT grows 43% YoY

CarTrade Tech shares jumped 14% to the day’s high of Rs 857.80 on the NSE on Monday after the multi-channel auto platform reported its highest ever revenue of Rs 161 crores for the quarter ended March 31, 2024, registering a 38% year-on-year growth. The profit after tax (PAT) for the reported quarter stood at Rs … Read more

Deposit growth improves at private banks in Q4, but at higher costs

Deposit growth improves at private banks in Q4, but at higher costs

On a sequential basis, HDFC Bank, ICICI Bank, and Axis Bank reported a faster growth in deposits for the March quarter compared with the credit growth while IndusInd Bank and Yes Bank showed marginally lower growth in deposits than advances. Synopsis While these lenders were able to increase deposits at a faster clip during the … Read more

IDFC First Bank Q4 Results: Standalone PAT declines 10% to Rs 724 crore

IDFC First Bank Q4 Results: Standalone PAT declines 10% to Rs 724 crore

IDFC First Bank today reported a net profit of Rs 724.35 crore for the quarter ended March 31 which was down from Rs 802.62 crore reported by the lender in the year ago period. IDFC First Bank reported an interest income of Rs 8,219.21 crore in the January-March quarter which was higher from Rs 6,424.35 … Read more

ICICI Q4 results: Net profit jumps 17% YoY to Rs 10,708 cr; announces dividend of Rs 10/sh

ICICI Q4 results: Net profit jumps 17% YoY to Rs 10,708 cr; announces dividend of Rs 10/sh

India’s second largest private lender ICICI Bank today reported a standalone net profit of Rs 10 707.53 crore for the quarter ended March 31, 2024 which was up by 17.38% from Rs 9121.87 crore reported in the year ago period. ICICI Bank reported interest income earned during the quarter at Rs 37,948.36 crore which was … Read more

‘We are not indebted to BJP. Actually, BJP owes its growth in Karnataka to S. Bangarappa’

‘We are not indebted to BJP. Actually, BJP owes its growth in Karnataka to S. Bangarappa’

A file photo of Minister for Primary and Secondary Education Madhu Bangarappa. | Photo Credit: ARUN KULKARNI Karnataka’s Minister for School Education Madhu Bangarappa has said his sister Geetha Shivarajkumar will defeat the BJP in the Lok Sabha elections in Shivamogga, and that will be her reply to the defeat of their father and former … Read more