SynopsisZee is an FCF generating company, its cash and cash equivalent on the book improved to Rs 1,890 crore in March 2021 from Rs 1,790 in December 2020. Stability in advertisement revenue and increasing user base on Zee5 are the other factors that have made the company a favourite of analysts.Though overall revenues remained flat y-o-y, Zee Entertainment Enterprise managed to beat the street expectations in the fourth quarter of 2020-21 with 8.9% y-o-y increase in domestic advertisement revenues. The second wave of the Covid-19 pandemic and the resultant disruptions have however started impacting its advertisement revenues in the first…
Author: Miley Selena
My father wrote a will over a year ago, and I and my sister were legal heirs at the time. However, I lost my sister a month ago and now I am the only legal heir. Will it be necessary to rewrite the will? — Vijay RastogiIt is always advisable to make the necessary changes to incorporate the present situation and condition so that no ambiguity remains with respect to any provision of the will. My husband expired intestate, that is, without a will, recently due to Corona. He had two self-acquired houses. While one is solely in his name,…
Synopsis”We continue to suggest that investors invest with a long-term investment horizon and through systematic investment options. The keyword here is to ‘invest’ and not speculate,” says Roshi Jain, VP & Portfolio, Manager, Emerging Markets Equity – India, Franklin TempletonThere are several long-term drivers for the economy that will continue to provide a favourable backdrop for corporate India, Roshi Jain, VP & Portfolio, Manager, Emerging Markets Equity – India, Franklin Templeton tells ET Wealth. The market seems to have shrugged off the second covid wave. Is it right to expect a quick rebound? The spike in covid infections has undoubtedly…
Sheetal is a 28-year-old successful fashion designer and has recently cracked some big deals with renowned brands. While her professional life seems to be taking off, she is not sure about her financial future planning. While her banker friend advises her to get her investments organised, she keeps putting it off. Sheetal believes that she has her whole life to plan for it. She wonders if there are any benefits in starting investing this early in life. Like a typical millennial, she is great at navigating trading apps and dealing with technology. However, she is not sure if she can…
1. Global sectoral funds focus on companies belonging to a certain sector from countries all over the world like a mining fund. 2. Global thematic funds invest in companies belonging to a certain investment theme in countries across the globe like emerging markets funds. 3. Country funds invest in securities belonging only to one foreign country like a China fund. 4. Regional funds invest in companies from a specific geographical region anywhere in the world like Asian equity funds. 5. Global funds invest in companies from all around the world. (Content on this page is courtesy Centre for Investment Education…
Looking for a new job when the job market is changing? Are you adapting fast enough? Rapid changes in technology followed by a pandemic forced everyone to change the way they did business. Thus, roles have changed and also the hiring behaviour. Each time, you will take more time to find a new job, will lose jobs faster and will job hunt more often. If your job search methods are still old school, you will be jobless longer. Change your approach to job search by stepping into your employer’s shoes to understand what works faster. Insider first You are an…
This week ET Wealth’s realty hot spot series takes a look at a developing area in Ahmedabad called Bopal. The area is suited for affordable and mid-segment home buyers. The area is close to job hubs in Prahlad Nagar, Sanand, etc. The area offers key social and retail infrastructure in the vicinity such as multiple prominent schools, hospitals and malls etc. The price range of properties in the area is between Rs 3,000 per square feet and Rs 5,000 per square feet. The average price of 1 BHK, 2 BHK, 3 BHK and 4 BHK is Rs 25 lakh, Rs…
With the Sensex and Nifty hitting new 52-week highs on 28 May, the bullish fervour in the market is increasing . “Technical charts are still looking bullish and Nifty is heading to 16,400 in 2-3 months,” says Mehul Kothari, AVP -Technical Research, Anand Rathi. Very short-term players need to be wary. “The FIIs’ long – short ratio is now around 88%, almost a 5-year high. There may be a healthy correction before achieving new targets,” says Kothari. Mid- and small-cap segments have outperformed in the past three months. “Mid and small caps outperform during periods of market consolidation. As the…
Jinnatara Begum, 34, and Nazrul Islam, 50, are both salaried and live with their two children, aged 3 and 1, in their own house, in Assam. Their combined salary is Rs 70,432 a month and they have no liabilities. After household expenses, insurance premium, contribution to parents and kid’s education, they are left with a surplus of Rs 30,878. Their goals include building an emergency corpus, buying land and taking a vacation, saving for their children’s education and weddings, and their retirement. Due to lack of surplus, Financial Planner Fincart suggests they put off some goals for now. The couple…
The scope and attractiveness of alternative investments is increasing. Here’s a weekly tracker of returns from such investments. But don’t compare these with returns from traditional investments since the proportion and purpose of alternative investments is vastly different. Gold (995) (Rs) Gold prices continue to surge due to easy monetary policy and gained another 1% during the past week. Silver (Rs) Short term underperformance by silver continues due to economic woes and silver ended the week down by 1%. ($/troy ounce) Lower demand from the automobile sector has pulled the platinum price by 1%. WTI Crude ($/barrel) Crude oil jumped…