Last Updated : January 09, 2023 / 06:08 IST
Moneycontrol Daily: Your Essential 7
A daily round-up of the most interesting articles to help jump-start the day.
Market Buzz
TCS Q3 Preview: Muted revenue growth in a seasonally-weak quarter
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Today
Big Story
IDBI Bank race: Emirates NBD & Prem Watsa-led Fairfax Group said to submit EOIs
Middle East banking powerhouse Emirates NBD and billionaire Prem Watsa-led Canada’s Fairfax Group are likely to have submitted EOI’s or expressions of interest earlier this week for a majority stake in IDBI Bank, multiple sources in the government and the industry familiar with the development told Moneycontrol. Read details here.
Automobile
MG 4 EV to make its first India appearance at Auto Expo 2023
British manufacturer Morris Garages will be making its second appearance at this year’s Auto Expo. Taking full advantage of the opportunity, MG is expected to showcase at least two new electric vehicles. While one of these is going to be the MG Air, the second one, MG 4, will be the company’s showstopper. More details here.
Your Money
Why you should invest in ELSS throughout the year, and not make a year-end dash
ELSS is a market-linked equity-based savings instrument, unlike the National Savings Certificate (NSC), Public Provident Fund (PPF), old pension scheme or any other fixed return debt-oriented savings instrument. Investing in a systematic way throughout the financial year in ELSS, rather than rushing to invest in March or January-March quarter, can help investors lower volatility due to rupee cost averaging and investing in funds across various market cycles. Read here.
Tech Tattle
Samsung Galaxy A series smartphones launching in India on January 18
Samsung has confirmed that it will launch new Galaxy A series smartphones on January 18. The company is yet to confirm which devices will be unveiled in the Galaxy A series. Samsung has set up a microsite for the upcoming Galaxy A series launch in India, confirming key specifications. Here is all you need to know about the specifications and camera features.
Tail Piece
All about Ganga Vilas, the world’s longest river cruise that will begin next week
A luxury cruiser will set off on a historic journey next week, winding through some of India's most famous cultural and religious sites. The MV Ganga Vilas will be flagged off by Prime Minister Narendra Modi in Varanasi on January 13 and will reach Dibrugarh in Assam on March 1. More details here.