NEW DELHI: In order to make India a better place to do business, the government is working to cut down the time for registering a business from 27 days to a single day. Towards this end, it has readied a raft of measures, such as, single registration for all labour laws, overhaul of tax systems, reduction in the number of permits required, easing up property registration, quick […]
From Pradeep Kapoor LUCKNOW: The three-day RSS national conclave, which ended in Lucknow, the city of erstwhile nawabs, on Sunday expressed concerned over decline in people’s participation in RSS shakhas all over the country. Much significance is being attached to the speech of RSS chief Mohan Bhagwat who not only expressed his concern but asked all senior leaders and workers to enroll more members in […]
United Arab Emirates-based Amanat Holdings, a healthcare and education start-up, will launch its 1.375 billion dirham ($374 million) initial public offer next Monday, it said in a statement on Wednesday. The offer period for the flotation, in which 55 percent of the company will be sold to investors at 1 dirham a share, will run until Nov. 4, said the statement issued at a media event. Amanat […]
|By TAP Staff| The Board of Directors of Emaar Properties has approved a Special Cash Dividend of AED 9 billion (US$ 2.45 billion) to be distributed to the company’s shareholders taking the total value of dividends distributed this year to over AED 17.12 billion (US$ 4.66 billion) – one of the largest announced by any listed company in the UAE. The total value of the dividends is […]
By G. Srinivasan The inexorable humid weather in the capital in the festive month of October has robbed the exuberant moments of celebrations, even as the weather patterns across the country seem to be swinging in extremes. India and other developing countries may continue to be in a denial mood that weather-related aberrations are not directly due to the broad climate change that is sweeping the universe […]
By S. Sethuraman The world economy is yet to make a full exit of the 2008 financial crisis and its recessionary aftermath, so that growth prospects for 2014, the sixth year, have had to be revised down, with the disappointing and uneven recovery, mainly among advanced nations. And geopolitical tensions in Eastern Europe and the Middle East, with limited impact so far, may hold greater risks […]
By Kalyani Shankar While there could be debate about the success of Prime Minister Narendra Modi’s five day visit to the US this week, there can be no doubt that he had conquered the 3 million strong Indian American community. The Madison square garden rock show on Sunday was a shining example to prove this. Although his meeting with the US President Obama was spent on substantive […]
By Subrata Majumder At the time when India unveiled its much hyped “Make in India” dream of Prime Minister Narendra Modi, China silently unleashed its “Made in China” programme to re-build its manufacturing hub. “Make in India” and “Made in China” sound similar in their perspectives. But, conceptually they are different. While “Make in India” was a call to establish world’s biggest manufacturing hub and increase share […]
|By TAP Staff| Emaar Properties said the IPO of its shopping malls business unit has been sold out to institutional investors on the first day itself. The leading developer aiming to raise as much as AED 5.8 billion ($1.58 billion) from the offer of shares in Emaar Malls Group (EMG), which is expected to be the Gulf’s biggest stock sale since 2008. On offer are 2 billion […]
|By TAP Staff| Emaar Properties said it’s seeking to raise as much as $1.58 billion from the initial public offering of its malls unit in the UAE’s biggest IPO since 2007. Emaar Malls Group PJSC plans to sell 2 billion of its founders’ shares, or about 15 percent of its equity, in a price range of 2.5 dirhams to 2.9 dirhams apiece, according to a company statement […]
Apple Inc. (AAPL)’s prospects seem a lot brighter than they were the last time Tim Cook introduced an iPhone. When Chief Executive Officer Cook unveiled two new smartphone models 12 months ago, Apple’s stock was slumping and the company was losing market share to Samsung Electronics Co. and low-cost manufacturers such as Xiaomi Corp. Questions abounded about whether Apple could keep innovating without co-founder Steve Jobs. Fast […]
By Dividend Yield: A good example how debt destroys the dreams of dividend growth investors is Tesco (OTCPK:TSCDY). The company cut its dividend payments yesterday by 75 percent. The major reasons for the trigger were worsening earnings as well as a high debt burden. Warren Buffett also bought a small stake in Tesco a few years ago and most of us thought it was a safe haven […]
By Regarded Solutions: As of right now, our new portfolio of dividend income stocks, or the BTDP, has out performed the S&P 500 in just 5 months. At first, I was using this portfolio as a way of demonstrating how a stock only portfolio could outperform an ETF only portfolio, but it has quickly become another very popular portfolio for investors seeking direction and a plan. The […]
Emaar Properties will launch its highly anticipated initial public offer of at least 15 percent of its shopping malls and retailing unit on Dubai’s main stock market in September, and plans to list the shares in October. The offer would be one of the largest equity sales in the Middle East since 2008, underlining Dubai’s recovery from a credit crisis that forced many state-linked developers to stall […]
A logo of Emaar is seen near the Dubai Mall Reuters Emaar Properties plans to float at least 15% of its profitable and fast-growing malls business in a September IPO. The chances are high though that Dubai’s flagship developer may sell an even bigger stake. It all depends on getting the right valuation for Emaar Malls Group. After all, Emaar will be cutting its own stake in […]
By Dividend Yield: These are tough times for investors who look for cheap companies. The Dow and S&P 500 jump from high to high, but this boom is credit-driven; it’s the result of the monetary easing policy of the world’s major government banks. The good thing is that we can buy stocks in every market situation, whether the market has a P/E level of 30 or 10. […]
Two months ago, the U.K. became the first Western nation to sell Islamic bonds. But missing from the list of advisers and arrangers on the £200 million transaction were any of the country’s six shariah-compliant banks. One of them, Bank of London and the Middle East, doesn’t appear to have any hard feelings about it and applauds the rise in sovereign sukuks as they will help accelerate […]
By Bob Ciura: Tobacco stocks like Altria Group (NYSE:MO) are well-known and extremely well-regarded for their income potential. Altria has been one of the premier dividend stocks to own over the past several decades. It has a remarkable ability to pay a high yield, and also provide regular dividend increases that have significantly increased shareholder wealth over this time. To that end, Altria very recently increased its […]
By Lowell Herr: As an experiment I set out to test the SHY cutoff model with a group of Dividend Aristocrat stocks. The SHY model is explained in detail in this Seeking Alpha article. In the software I used for this experiment I had spots for nine stocks plus SHY. To fill those nine openings I pulled down a list of Dividend Aristocrat securities and selected the […]
LONDON, August 15 (Fitch) Fitch Ratings has affirmed Abu Dhabi’s Long-term foreign and local currency Issuer Default Ratings (IDR) at ‘AA’. The Outlooks are Stable. The issue ratings on Abu Dhabi’s senior unsecured foreign and local currency bonds have also been affirmed at ‘AA’. The Short-term foreign currency IDR has been affirmed at ‘F1+’. The UAE Country Ceiling has been affirmed at ‘AA+’; this Ceiling also applies […]
By Bill Stoller: The single-tenant triple-net lease REIT business model has proven to be both a dependable source of dividends for investors, as well as a scalable platform for growth. On Aug. 5, 2014 both $4.4 billion National Retail Properties (NYSE: NNN) and $6.6 billion W.P. Carey (NYSE: WPC) reported excellent results for the quarter ended June 30, 2014. Both of these REITs are part of a […]
By Dividends4Life: If your goal is to accumulate wealth for a comfortable retirement, then there is no risk-free path. Throughout time every angle has been tried and failed. What appears to be a safe investment in a federally insured CD or money market, may not even be covering inflation. Growth stocks don’t always grow. The astute conservative investor turns to solid dividend paying stocks with a track […]
By Regarded Solutions: For many years now, I have been preaching about dividend growth investing to just about any investor who cared to listen. The foundation for a more secure financial future can be found by investing in mega cap, blue chip, dividend growth stocks. While no investment strategy could ever be perfect for everyone, dividend growth investing certainly has been shown to produce increasing income during […]
By Bill Maurer: Back in late May, I provided an initial dividend raise prediction for cigarette giant Altria (NYSE:MO). Based on Altria’s yearly guidance and payout target, I estimated a $2.05 to $2.08 range for the annual dividend when the 2014 raise came. I promised investors that I would return with an update later in the year if I felt a change to my range was needed, […]
