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Online Personal Finance Magazine
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Return on net worth or return on equity (RoE) tells us how much profit a company generates from the equity its shareholders invested. It is a ratio of post-tax net income and equity shareholding. For instance, an RoE of 20% indicates that a company has generated a return of 20% for each rupee invested by equity investors. As an equity shareholder, one should give more importance to RoE than to...
Future Generali India Life Insurance has launched a children’s life insurance policy – Future Child Benefit Plan. The plan focuses on providing financial security to a child. It offers two options to receive money-back payouts at regular intervals – Benefit Plan Option @ 21 and Future Child Benefit Plan Option @ 23 to meet the education expenses at different stages of a child’s life. It even...
In a release, the Tata group company said its net profit for the year to end-March, fell to Rs10 billion from Rs20.1 billion, as total revenues, including sales declined to Rs286 billion...