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ask group invests rs 200 cr in first ever commercial project of ats infra

Financial services firm ASK Group has invested Rs 200 crore in a mixed-use project, 'Knights Bridge' being developed by realty firm ATS Infrastructure in Noida. The project will be of more than  3 million square feet. 
This is the first investment by ASK Group in a commercial project. It had invested only in housing projects so far.
ASK Group ventured into real estate private equity fund business in 2008 and so far has raised four domestic and one offshore fund.
This is the fourth investment by ASK Group in ATS projects.
"Of the four project investments in ATS, three projects are in Noida. MD and CEO of ASK Property Investment Advisors said, "We have invested Rs 650 crore in these four projects and have exited investments of Rs 521 crore with good returns."Noida is poised to be one

donald trump's tax returns show some income from russia

(WASHINGTON) — President Donald Trump's lawyers say a review of his last 10 years of tax returns do not reflect "any income of any type from Russian sources," with some exceptions.The lawyers did not release copies of Trump's tax returns so The Associated Press cannot independently verify their conclusions.The letter says there is no equity investment by Russians in entities controlled by Trump or debt owed by Trump to Russian lenders. It does reflect income from the 2013 Miss Universe pageant held in Moscow and a property sold to a Russian billionaire in 2008 for $95 million.The White House says Trump asked his lawyers for a letter following a request from Republican Sen. Lindsey Graham of South Carolina, who heads one of the congressional committees investigating Russia's interference in

opportunities abound in small cap investing

APN's spin-off of its New Zealand assets was undervalued by the market, said Supervised Investments portfolio manager Mitch Taylor. The past six months hailed an end to a period of small cap outperformance, with the ASX Small Ords index declining 5 per cent while the ASX200 rose by the same amount.But Supervised Investments small cap portfolio manager Mitch Taylor has shrugged off the index decline. "I'm not worried there's a shortage of investment opportunities for those who do their homework, work hard enough and go against the grain," he said.AdvertisementThe flight back to blue chips hasn't dented the returns of Supervised Investments' small caps fund, which is up 47.7 per cent in the 12 months to the end of February.The small fund – just $20 million under management heavily invested i

denying russia ties, trump's lawyers point to secret tax returns

In his interview yesterday with NBC News’ Lester Holt, Donald Trump was asked about whether he or his family “have any accepted investments, any loans” from Russia. The president said, “I have no investments in Russia, none whatsoever. I don’t have property in Russia…. I built a great company, but I’m not involved with Russia.”Note the disconnect between the question and the answer. The anchor asked about money he may have received from Russia, not investments he’s made in Russia.The Associated Press had a related report this morning, noting fresh pushback from the president’s private legal team.Lawyers for President Donald Trump’s said Friday that a review of his last 10 years of tax returns do not reflect “any income of any type from Russian sources,” with some exceptions. It’s the lates

denying russia ties, trump's lawyers point to secret tax returns

In his interview yesterday with NBC News’ Lester Holt, Donald Trump was asked about whether he or his family “have any accepted investments, any loans” from Russia. The president said, “I have no investments in Russia, none whatsoever. I don’t have property in Russia…. I built a great company, but I’m not involved with Russia.”Note the disconnect between the question and the answer. The anchor asked about money he may have received from Russia, not investments he’s made in Russia.The Associated Press had a related report this morning, noting fresh pushback from the president’s private legal team.Lawyers for President Donald Trump’s said Friday that a review of his last 10 years of tax returns do not reflect “any income of any type from Russian sources,” with some exceptions. It’s the lates

church of england generates 'stellar' investment returns

The Church of England is officially one of the best investment funds in the world, generating what its own commissioners called a "stellar" return in 2016.See related FTSE 100 hits another record close – will the rally continue?Its endowment fund has posted a 17.1 per cent return for the year, more than double the 8.2 per cent of 2015.On a ten and 20-year basis, it has earned an average annual return of 8.3 and 9.5 per cent respectively, says the Financial Times, ranking it ahead of the top-rated US Ivy League university endowment fund run by Yale University, which produced an annual return of 3.4 per cent last year and has averaged 8.1 per cent for the past decade.However, over 20 years, Yale is still well ahead, with an annual average return of 12.6 per cent."Armed with a long-term manda

markets live: asx yo-yos higher

Chinese investment in Australia is at its highest point since the 2008 global financial crisis, according to a new report which shows deals in the energy sector topped those in mining for the first time last year.Despite uncertainly around foreign investment rules, Chinese companies pumped $15.4 billion into Australian deals last year with commercial property, infrastructure and agriculture the most popular.Now in its sixth year the report, Demystifying Chinese Investment in Australia, found that mining, once the backbone of the investment relationship, had dropped to sixth place with deals worth $839 million last year, down 35 per cent from 2015. Co-author of the report, Doug Ferguson from KPMG, said Australia's investment relationship with China continued to diversity with a record numbe

investors bank on the banks

Chinese investment in Australia is at its highest point since the 2008 global financial crisis, according to a new report which shows deals in the energy sector topped those in mining for the first time last year.Despite uncertainly around foreign investment rules, Chinese companies pumped $15.4 billion into Australian deals last year with commercial property, infrastructure and agriculture the most popular.Now in its sixth year the report, Demystifying Chinese Investment in Australia, found that mining, once the backbone of the investment relationship, had dropped to sixth place with deals worth $839 million last year, down 35 per cent from 2015. Co-author of the report, Doug Ferguson from KPMG, said Australia's investment relationship with China continued to diversity with a record numbe

how to deliver an improved uk agriscience sector outside of the eu

Rothamsted Research and the NFU convened a workshop at Rothamsted Research amongst leading agricultural science, technology and knowledge transfer organisations in the UK. The workshop discussions focused on identifying the key areas of focus in order to have a world leading agriscience sector in the UK after Brexit. The statement below summarises the emerging recommendations from the workshop.RecommendationsThe case for investment in the agrifood science base has been made by the AgriFood Technology Council and Industrial Strategy Challenge Fund consultation. In a UK outside of the EU, agricultural science and research has an opportunity to work to an improved model and become more effective at delivering what is needed. On the basis of the UK government not contributing to the EU budget

deep learning and stock trading

A study undertaken by researchers at the School of Business and Economics at Friedrich-Alexander-Universität Erlangen-Nürnberg (FAU) has shown that computer programs that algorithms based on artificial intelligence are able to make profitable investment decisions. When applied to the S&P 500 constituents from 1992 to 2015, their stock selections generated annual returns in the double digits—whereas the highest profits were made at times of financial turmoil.

white house releases trump tax info ahead of tv report

WASHINGTON — The White House says President Donald Trump made more than $150 million in income in 2005 and paid $38 million in income taxes that year.The acknowledgement came as MSNBC host Rachel Maddow said she has obtained part of Trump's 2005 tax forms, and prepared to discuss the document on her Tuesday night show.The records have become highly sought-after because Trump refused to release his returns during the campaign, breaking a decades-long tradition. He claimed he was under audit.The White House pushed back preemptively Tuesday night, saying that publishing those returns would be illegal."You know you are desperate for ratings when you are willing to violate the law to push a story about two pages of tax returns from over a decade ago," the White House said in a statement.Trump l

10 best investment apps for android

investment is one of the best ways to make money. By being smart, taking a few risks, and by knowing the market, you can easily earn yourself a ton of money that you can use for all kinds of things. Many use it to build themselves a retirement fund. It’s tough to get into, but we think these apps can help. Here are the best investment apps for Android.Looking for more financial info? Check out these lists! 10 best business apps for AndroidNovember 22, 2016 10 best cryptocurrency apps for AndroidNovember 21, 2016AcornsPrice: FreeDownload on Google Play!Acorns is a unique business that allows you to investment money using little, tiny bits at a time. The premise is fairly simple. It takes the spare change from your everyday transactions and then invests them in various businesses and markets

qatar airways' proposed investment faces policy and competition roadblocks

Qatar Airways will face the twin test of complying with India’s foreign direct investment (FDI) norms and opposition from incumbent carriers for its plan to set up an airline here.
 
The government  formally allows 100 per cent FDI in a scheduled airline but there are policy contradictions. Sector experts and lawyers say 100 per cent FDI is applicable only where there is no investment by a foreign airline. Thus, the current rules would have to be modified.
 
Also, the existing rule still mandates that substantial ownership and effective control of an airline must ...

apple’s first advanced manufacturing fund investment goes to corning

Back at the beginning of the month, Apple CEO Tim Cook announced that his company would set aside $1 billion for a new “Advanced Manufacturing Fund.” At the time, Cook didn’t say who would ultimately benefit from this fund, but today we’re learning that Corning will be the first company to get an investment from it. Corning, as many of you already know, is the company behind Gorilla Glass, which adorns many phones on the market today.With this investment, Corning will be receiving $200 million of the $1 billion in the Advanced Manufacturing Fund. Apple announced the fund to push money to US companies that perform advanced manufacturing, hopefully supporting job growth in the States. Corning has been an Apple supplier for 10 years now, making it a rather obvious target for investment from t

gm expands self-driving car operations in silicon valley

Apple considers investment in Toshiba's chip businessUS foreign surveillance requests doubles: MicrosoftBusiness StandardThe new investment and hiring are intended to expand and accelerate their workNeal E Boudette | NYT  April 15, 2017 Last Updated at 01:54 ISThttp://mybs.in/2UUwllW

federal government to build sydney's second airport at badgerys creek

Sydney Airport has declined to develop the proposed second major airport in western Sydney, saying the project does not meet its investment criteria. The federal government has confirmed it will build Sydney's second airport after the operator of the city main Kingsford Smith airport confirmed it will not take up an option to develop the project.The ASX-listed Sydney Airport on Tuesday said that after an extensive evaluation, it has determined that the terms of the federal government's notice of intention (NOI) for the project do not meet its investment criteria."Despite the opportunities that Western Sydney Airport will present, the risks associated with the development and operation are considerable and endure for many decades, without commensurate returns for our investors," chief execu

rachel maddow on trump fake news twitter tax returns video

After President Donald Trump defied decades of political convention by declining to release his tax returns during his campaign, Rachel Maddow broke the internet this week when she revealed Trump’s 2005 tax returns during her MSNBC show.Maddow stopped by The Tonight Show on Wednesday to give Jimmy Fallon the background story that lead to investigative journalist David Cay Johnston presenting the world with a portion of Trump’s 2005 tax returns. “He said, ‘If we can verify it, do you want to put it on TV?’” Maddow said. “And I said, ‘hmm, yes, but we need to do our due diligence, too. We really need to be sure this is the real thing.’”Maddow told Fallon that at the last minute, the White House confirmed the document. “We got a statement from ’em,” she said. “You know they started calling us

a radical vision of the universe returns to electrify physics

A decades-old method called the "bootstrap" is enabling new discoveries about the geometry underlying all quantum theories. The post A Radical Vision of the Universe Returns to Electrify Physics appeared first on WIRED.

tobacco remains a good investment, say dutch pension funds

More than 50% of Dutch instutional investors continue to invest in tobacco, according to a report published by Trouw on Tuesday.‘Many investors say that smoking is legal  and therefore they see no reason to change their policy,’ said researcher Hester Holtland in a report by the investors for sustainable development association VBDO.Commissioned by the Dutch heart foundation, the VBDO looked into the investment policy of 55 Dutch institutional investors. These included 30 pension funds, six banks, eight asset managers and 11 insurers.Most said they planned to look into investment in the tobacco industry. And 53% claimed they had no direct investment in tobacco at present.Holtland said there were several persistent myths in the investment world and that tobacco is seen as a good investment.

tobacco remains a good investment, say dutch pension funds

More than 50% of Dutch institutional investors continue to invest in tobacco, according to a report published by Trouw on Tuesday.‘Many investors say that smoking is legal  and therefore they see no reason to change their policy,’ said researcher Hester Holtland in a report by the investors for sustainable development association VBDO.Commissioned by the Dutch heart foundation, the VBDO looked into the investment policy of 55 Dutch institutional investors. These included 30 pension funds, six banks, eight asset managers and 11 insurers.Most said they planned to look into investment in the tobacco industry. And 53% claimed they had no direct investment in tobacco at present.Holtland said there were several persistent myths in the investment world and that tobacco is seen as a good investmen

aussie fund managers face global onslaught of low-cost, passive investments

One of the world's last havens for fund managers is coming under siege.
Local fund managers have found it increasingly difficult to deliver excess returns. Photo: Karl HilzingerIn Australia's $2.8 trillion fund industry, managers who rely on human judgement to pick investments have so far withstood the global onslaught of passive offerings. They've done so in part by cutting fees below those in other large markets. The billions flowing in from the superannuation system have helped, too.It may not be enough. Giants like BlackRock and Vanguard Group, encouraged by the past years' global shift towards passive investments, are homing in on Australia with commissions active managers can't hope to match. And as beating benchmarks becomes harder, the industry is discovering that super funds' la

presstv-us protesters demand trump to release his tax returns

Rony CurveloPress TV, PhiladelphiaTens of thousands of American citizens have streamed onto the streets across the country to call on President Trump to release his tax returns, as his predecessors have done for more than 40 years. The protests fall on the country’s traditionally recognized deadline to file taxes, April 15. Our correspondent Rony Curvelo is in Philadelphia to cover the protest.

title ii hasn’t hurt network investment, according to the isps themselves

EnlargeGetty Images | Jonathan KitchenShare this storyThe Federal Communications Commission's primary justification for eliminating Title II net neutrality rules is that broadband network investment has tanked since the rules were implemented two years ago.FCC Chairman Ajit Pai has cited a few research reports describing declines in capital expenditures, and industry lobbyists have repeatedly argued that investment was harmed by the FCC classifying ISPs as common carriers under Title II of the Communications Act. But when ISPs talk to their investors, the story is completely different."We found that not a single publicly traded US ISP ever told its investors (or the SEC) that Title II negatively impacted its own investments specifically," pro-net neutrality advocacy group Free Press said i

title ii hasn’t hurt network investment, according to the isps themselves

EnlargeGetty Images | Jonathan KitchenShare this storyThe Federal Communications Commission's primary justification for eliminating Title II net neutrality rules is that broadband network investment has tanked since the rules were implemented two years ago.FCC Chairman Ajit Pai has cited a few research reports describing declines in capital expenditures, and industry lobbyists have repeatedly argued that investment was harmed by the FCC classifying ISPs as common carriers under Title II of the Communications Act. But when ISPs talk to their investors, the story is completely different."We found that not a single publicly traded US ISP ever told its investors (or the SEC) that Title II negatively impacted its own investments specifically," pro-net neutrality advocacy group Free Press said i

best games of week

Pro Evolution Soccer returns for 2017.Pro Evolution Soccer returns for 2017 with all new graphics, simplified touch controls, and new game modes. The major emphasis of the game is to build your own team, like "Ultimate Team" mode in Fifa. Sadly, PES doesn't let you choose your favorite team with the current roster, and play the season.

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