Not easy to diversify investment – The Hindu

Representative image | Photo Credit: Getty Images/iStockphoto It is not uncommon to hear suggestions such as ‘diversify’ your portfolio and think ‘long term’ when the market is full of uncertainty. Now, we discuss what it takes to diversify. Statistically speaking To diversify your portfolio, you should look at how a new investment you want…

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Rupee jumps 74 paise in early trade

 At the interbank foreign exchange, the domestic unit opened at 84.70 on May 13 and fell to an early low of 84.74 and a high of 84.62 against the greenback, registering a gain of 74 paise over its previous close. | Photo Credit: REUTERS The rupee appreciated 74 paise to 84.62 against the US dollar…

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Motilal Oswal, Raamdeo Agrawal buy $100 million Zepto shares; another $250 million round planned

Currently, Indian ownership in Zepto stands at just over 42%. File | Photo Credit: Reuters Motilal Oswal Financial Services co-founders Motilal Oswal and Raamdeo Agrawal have purchased Zepto shares worth $50 million (about ₹424 crore) each in a secondary transaction, while an additional $250 million round is in the pipeline, according to people familiar with…

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