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Showing posts from July, 2019

Isuzu Motors India Launches the new V-Cross, strengthens its sales and service offering in Jaipur

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22 July, 2019 – Jaipur:  Isuzu Motors India, a subsidiary of Isuzu Motors Limited, Japan, strengthens its sales and service offering in Jaipur with the inauguration of a new 3S (Sales, Spares and Service) facility of  ‘Akar ISUZU’ . The company also launched the new V-Cross –  Lifestyle and Adventure Utility Vehicle in the city, marking the start of sale from the new outlet. Akar ISUZU will operate from two touch points in Jaipur. The newly inaugurated 3S facility located at VK Industrial Area, spread over an area of 5500 sq.ft, is conveniently located to offer seamless sales and service support to customers. The other facility (showroom) with 2100 sq.ft is located in the city on Ajmer Road to provide quicker access to world-class ISUZU utility vehicles. The company also launched the new ISUZU D-MAX V-Cross, Lifestyle and Adventure Utility Vehicle in the city. The new V-Cross becomes more desirable with its awe-inspiring new design and class-leading features. The all new V-Cross exude

Bajaj Auto Launches an All New CT – the CT110

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   The new rugged CT110 is designed to take on rough roads with ease. Priced attractively at Rs.37,997/- (Ex-Showroom Delhi), it offers the best value proposition in the entry motorcycle segment 22 nd  July 2019:  Bajaj Auto – The World’s favourite Indian, has launched the new CT110.  Typically, conventional 100 cc bikes perform adequately on smooth roads but are not geared to handle rough & tough terrain outside the cities. The new CT110 has been designed keeping in mind riding condition in all kinds of terrain. It comes with semi–knobby tyres, a raised ground clearance, stronger & bigger crash guards and a suspension that can take on the worst of roads and toughest of conditions. The upswept exhaust, rubber mirror covers and bellows on the front suspension give it a tough-as-nails appearance. At the heart of the CT110 is a tough 115cc DTSi engine that churns out 8.6 PS power and 9.81 Nm torque at 5,000 rpm thus ensuring a great ride even on inclines. The bike offers an excel

Luxury Housing Back on Track with NRI Investors

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The Indian luxury property market may not have been very attractive to the resident Indians in the recent past – but it scores high with the NRIs due to their greater buying power. Multiple factors draw the attention of NRIs towards this segment. For one, it promises a high standard of living to them if they chose to return to their country of origin. Also, the rentals can be decent if the property is located in a prominent employment hub. This segment has also not seen the kind of huge unsold inventory that was witnessed in mid-income housing, largely because builders consciously restricted new supply in this segment over the last couple of years. As per recent research by ANAROCK Property Consultants, the overall unsold inventory of luxury homes (priced Rs 1.5 crore – Rs 2.5 crore) declined by 12% to 42,650 units in Q1 2019 from 48,300 units in Q1 2018. Bangalore led from the front, recording a significant 49% reduction in unsold luxury stock within a year – from 6,370 units in Q1 2

Union Budget 2019-20 A Boost to NRI Investors

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The Union Budget 2019 announced on 5th July brings in a mixed bag of emotions for the NRI investment community. While positives like better tenancy regulations and an enhanced NRI portfolio route back to India provide the much-needed stimulus to their confidence, some policies like the extension of taxation towards gifts received by NRIs could be worrisome for Non-Resident Indians. The benefits, however, outweigh the negatives as NRI investors can now unlock the full potential of the Indian real estate and capital markets. The following announcements of Union Budget 2019-20 provide a much-needed fillip to the NRI investors: Merging NRI portfolio route with FPI route to increase more NRI portfolio flows into India This move provides NRIs with seamless access to the Indian equity and bonds market, in line with the Foreign Portfolio Investment (FPI) route. While this move is expected to bring in more foreign funds into the Indian market, it simultaneously better equips NRIs to make infor

MIT’s research enterprise in Singapore launches new research group, boosting nation’s cell therapies R&D

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S$10 million a year to be invested in SMART CAMP in a multi-year effort New interdisciplinary research group, SMART CAMP, will bring together 35 MIT and Singapore investigators Complementary and integrated programme with Singapore’s Agency for Science Technology and Research (A*STAR) cell manufacturing effort, supported by the National Research Foundation (NRF) SMART CAMP deploys MIT’s innovation methodologies in Singapore’s thriving biopharmaceutical industry, tapping market potential of billions a year SINGAPORE – 15 July 2019 –   Cell therapies, where cellular material is injected, grafted or implanted into a patient to treat a range of illnesses and medical conditions, are a vital and integral component of medicine today – promising treatment of However, significant challenges currently exist to prevent its widespread adoption including problems such as safety, potency, efficacy, and costs. To overcome these challenges, the Singapore-MIT Alliance for Research and Technology (SMART

IndiaNivesh report on retail sector ‘Retail, Value Fashion Retailing’

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According to IndiaNivesh analyst Mr. Rajiv Bharati “IndiaNivesh begins retail journey by exploring smaller retailers who have displayed a little better control in the Indian retail space, which has had very few successful narratives. The shakeup in the Tier 1 market due to the aggressiveness of online retailers is still relatively lower in Tier 2, 3 and 4 markets (especially eastern Uttar Pradesh). Further, maintaining a tight leash on the monthly operating cost at Rs 120-170 per sqft, i.e.  14-20% of the revenue, is difficult to breach even for an online retailer (Amazon’s shipping + fulfillment cost is at 43% of revenue). The lucrativeness of the model has invited aggressive competition from home-grown entrepreneurs who have found external funding to open stores. We believe it’s a repeat of what we have seen earlier in Tier 1 markets, where store opening took precedence over store level profitability. We are also witnessing cracks in the challengers’ model with payable days getting

Okinawa Scooters inaugurates its dealership in the capital – Delhi

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New Delhi, July 12, 2019: Okinawa Scooters, a 100% Indian electric two-wheeler manufacturing company with focus on ‘Make in India’ has today inaugurated its dealership in the capital city. The dealership located at 76E Old Palam Road, Dabari Extention, Dwarka was inaugurated by Ishwar Mangla, Director, Garud Automobile in the presence of other dignitaries and guests. The state of the art dealership will be spread over a total of 1,600 sq. ft; which shall include an ample area for interacting with customers and providing the best after sales service and support. The company further shared that the recently announced 24×7 Roadside Assistance Programme (RSA) will also be available for all customers of the city immediately. Speaking on the sidelines of the launch, Jeetender Sharma, Founder & Managing Director, Okinawa Autotech Pvt. Ltd., said, “The newly launched dealership is testimony to our successful run in Delhi NCR where electric scooters are consistently witnessing an encouragi

House of Hiranandani launches Calgary in North Bengaluru

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Presenting ready to move in splendid apartments in Calgary tower of Devanahalli Township Offers enticing 10:90 payment scheme for 2 BHK apartments Development is set in a serene environment providing a signature House of Hiranandani community living experience  and exquisite views of Nandi Hills Bengaluru, July 11, 2019:  House of Hiranandani, a leading real estate conglomerate, developing iconic integrated communities in India, presents Calgary tower comprising luxurious ready- to- move apartments at Devanahalli Township, a 76 acre development in North Bengaluru. The gated community project with neo-classical architecture offers 2, 2.5 and 3 BHK opulent apartments, elegantly created keeping in mind the expectations of the modern home buyer. The project is bundled with an irresistible offer  of 10:90 payment scheme for 2 BHK apartments, thus enabling every discerning home buyer realize their dream of buying a home with ease and flexibility. Prashin Jhobalia, Vice President – Marketing

Haveli Properties – Buying a Piece of History

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India’s vast cultural heritage is visible across the country, especially in the structures which were erected in different epochs. While many of the more notable ones have become heritage sites, many cities still have a number of private homes built in historic times that are no longer in use. Some of these buildings are quite spectacular in their conception and execution, clearly reflecting the aesthetic preferences – and also architectural shortfalls – of bygone ages. Haveli properties, which get their name from the  ‘hawali’  (the Arabic word for ‘partition’ or ‘private space’) invariably have an interesting historical and architectural background. Many ‘haveli’ homes become local tourist attractions, but at least as many simply lie abandoned and are silently going to rack and ruin. Timeless Appeal Of late, haveli properties are seeing a resurgence of interest from well-heeled buyers who sense an opportunity to secure a remarkable piece of history. As India accelerates headlong int

Trade growth in India remains positive amidst global contraction

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Ocean trade set to remain robust in the coming three months, with imports showing particularly strong growth Trade in Land Vehicles & Parts, Temperature or Climate Control goods, and both Basic and Industrial Raw Materials continues to sustain overall growth MUMBAI  , 8 July 2019 – The DHL Global Trade Barometer (or “Barometer”), an early indicator of global trade developments calculated using Artificial Intelligence and Big Data, predicts trade in India will grow in the third quarter of 2019, albeit at a slower rate with the country’s overall trade index declining 6 points to 53. It is the only one of four countries in Asia tracked by the Global Trade Barometer to still register an index value of above 50. “Amidst heightened and prolonged volatility, India’s economy remains a notable positive exception to the trend of global trade contraction. As the country with the most bullish trade forecasts in previous iterations of the Global Trade Barometer, India’s historic pace of trade

IndiaNivesh Budget Picks 2019 : Mid and Small Caps

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Divergence leads to Convergence’   Till October 2018, the broader market indices MIDCAP 100 and SMALLCAP 100 were moving in tangent with the benchmark indices. Since then, NIFTY surged around 20% due to substantial buying in heavyweights while the small and midcap stocks maintained their southward journey due to lack of buying interest. This has created a divergence between all the three indices as displayed above. Currently, the NIFTY MIDCAP 100 index is almost 18% away from its all-time high whereas the NIFTY SMALLCAP 100 index is away by 35%. Now we believe that generally a ‘Divergence leads to Convergence’ and going by that theory there could be three possible scenarios from here on. Best Case Scenario: Let’s assume that post budget, NIFTY 50 rallies further. In this case, the broader markets will have more to catch-up and that could trigger fresh upside in the MID and SMALL cap stocks. Stagnant Scenario:  In case of some consolidation in NIFTY 50, there is again a possibility tha

Do you know about ‘Dalal Street’? Here is A to Z

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Peoples commonly gone through this term ‘Dalal Street’ while listening or indulge in share mark et activities. As we know that in India we have two stock exchanges first National Stock Exchange and second Bombay Stock Exchange in short NSE and BSE where daily stock trading activities took place.  So, in short, Dalal Street is the substitute term for the Indian financial establishment. BSE and NSE publishes its index of different stocks which is called Sensex for which daily ups and down are seen by us on daily basis. Essentially when we talk about Dalal Street, we are referring to the Bombay Stock Exchange and Sensex. Interestingly there are four types of animal’s names represents the investors in stock market. They are bull, bear, stag and lame duck.  It is necessary to understand what these animals represent in the world of stock exchange so that you can better understand about Dalal Street. A bull is an investor or a market operator who expects the market price of a share to go

Airtel Payments Bank ties up with Bharti Axa life insurance to offer Bharti Axa Life POS Saral Jeevan Bima Yojana

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Jaipur, July 02, 2019 :  Airtel Payments Bank, India’s first payments bank, has partnered with Bharti AXA Life Insurance to offer the Bharti AXA Life POS Saral Jeevan Bima Yojana through its extensive network of banking points across the country. Bharti AXA Life POS (Point of Sale) Saral Jeevan Bima Yojana is a pure life term insurance plan which is aimed at the underinsured and uninsured segments in India. Any individual between the ages of 18 and 55 can enrol for this product without the need to undergo a medical examination. The consumers are offered the option to choose a policy cover of either 3 lakh or 5 lakh at affordable premiums. The consumers also get the flexibility of choosing their preferred policy term, premium payment mode, and additional benefits such as pay-out of double the sum assured in case of death due to an accident. All Airtel Payments Bank savings bank account customers can purchase Bharti AXA Life POS Saral Jeevan Bima Yojana through a quick, simple, secure

NICCL has been granted recognition by European Securities & Markets Authority as a “third-country CCP”

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Gandhinagar, Gujarat, July 01, 2019: NSE IFSC Clearing Corporation Limited (NICCL), a wholly owned subsidiary of NSE Clearing Limited (formerly known as National Securities Clearing Corporation Limited) has been granted recognition by European Securities & Markets Authority (ESMA) as a “third- country CCP”under European Market Infrastructure Regulation (EMIR). The recognition to NSE IFSC Clearing Corporation Limited (NICCL) as a “third-country CCP” has been notified by ESMA on June 24, 2019. Based on the ESMA recognition, entities in the European Union shall be able to consider NICCL as “Qualified CCP” under the Basel III rules. Due to this, European participants shall be able to apply a significantly lower risk towards their trade exposures to NICCL and thus be benefited substantially on account of lower capital requirements. This recognition of NICCL would enable European based participants/banks to participate in GIFT IFSC. This development should give increased confidence and