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March 19, 2018

Hyderabad turning out to be the real estate hotspot for investors

In the season of gloom, property investors have one destination that will not disappoint them—Hyderabad. One reason for the ruling Telugu Desam Party (TDP) demanding special-category status for Andhra Pradesh is that it needs funds to develop a new capital, Amaravati. Losing its capital, Hyderabad, to Telagana must have been a big setback to Andhra…
March 19, 2018

European shares open lower, Micro Focus plummets

LONDON: European shares fell on Monday as caution gripped investors ahead of an expected Fed rate hike, while earnings and M&A took centre stage with software company Micro Focus' sinking and a bid for Hammerson boosting commercial real estate stocks. Micro Focus plummeted 40 per cent to a three-year low after it cut its annual…
March 19, 2018

What does Turkey’s seizure of Afrin mean for Syria war?

BEIRUT: The capture of Afrin from the Kurds by Turkish-led fighters on Sunday could have major repercussions for Syria's protracted war. Here we look at what it means for Turkey, the Syrian regime and the Kurdish People's Protection Units (YPG) militia who were in control of the city. Forces led by Turkey launched an offensive…
March 19, 2018

In 2018, restructuring portfolio to buy from these 3 spaces

Talking to ET Now, Kunj Bansal, ED & CIO, Centrum Wealth Management, in 2018 restructured portfolio to buy from spaces like consumption and select auto ancillaries. The third space has been textiles. Edited excerpts: The big talking point right now is that why is India underperforming and is the underperformance here to stay or will…
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