Wealth Insights

China Dines On Indian Mobile Markets.

The increasing strength of Chinese mobile phone manufacturers in smartphone market is reflected in the 3.4x growth in market share to 51% in 1QCY17 (International Data Corporation’s: IDC Quarterly Mobile Phone Tracker). There is a complete change in the market position of the top five smartphone players in FY17, as Micromax Informatics, Lava International Ltd., and Karbonn Mobiles […]

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Mahindra Financial NCD

MAHINDRA FINANCIAL NCD- 8.05% Mahindra and Mahindra Financial Services Ltd (Mahindra Finance) plans to raise Rs 2,000 crore through the issuance of debt securities to fund future lending and settle current liabilities. The company will float non-convertible debentures- Unsecured (NCDs) to raise the money, which will be open to subscription on 10-28 July. NCDs with […]

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