Rail Vikas Nigam (RVNL) has received a Letter of Acceptance (LoA) from Eastern Railway for an infrastructure project involving earthwork, bridge construction, and railway track laying. The contract is for a value of Rs 837.67 crore.
Cochin Shipyard has entered into a memorandum of understanding with Seatrium Letourneau USA, Inc. for the design and critical equipment for jack-up rigs for the Indian market. This collaboration is in line with the government's efforts under the Make in India initiative.
Signature Global is planning to launch multiple housing projects worth Rs 50,000 crore in Delhi-NCR over the next three years as part of its expansion plan amid strong consumer demand.
Zomato will become a part of the benchmark BSE Sensex, replacing JSW Steel from December 23. Zomato's inclusion in the 30-stock index marks a significant milestone for the company, which has seen an impressive rally over the past year.
Hero MotoCorp and its US-based partner Zero Motorcycles are in the advanced stage of developing a mid-sized performance segment electric motorcycle. California-based Zero Motorcycles specialises in electric motorcycles and powertrains. In September 2022, Hero MotoCorp's board approved an equity investment of up to $60 million in the company.
Honeywell Automation is planning to sell its personal protective equipment business to Protective Industrial Products for about $1.33 billion in cash.
HDFC Bank is in the final stages of assigning a Rs 12,372 crore car loan portfolio, its second such transaction in two months as the bank seeks to bring down its credit-deposit ratio (CD ratio). India Ratings & Research, a Fitch affiliate, has assigned AAA rating to India Universal Trust AL2 under which the loans have been securitised.
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MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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Name of the IA registered
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The Alchemists Ark Pvt. Ltd. |
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Non-Individual |
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1187 |
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