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Showing posts from August, 2019

Investors Clinic Propfest Receives Overwhelming Response from Buyers

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Biggest Property Show where India’s leading developers came under one roof 4000 plus visitors, 350 plus on the spot bookings, 200 plus bookings lined up Delhi, August 30, 2019:  Real estate firm, Investors clinic achieved another milestone in Indian real estate market by selling around 350 plus properties in the biggest property show ‘Propfest’. The 2 day event took place at Radisson Blu, Sector-18, Noida on August 24 and 25, 2019. The event received an overwhelming response from property buyers wherein 350+ on the spot bookings were made in various residential and commercial properties of NCR. Many leading developers like Gaursons, ATS, TATA, Godrej, Shapoorji Pallonji, Home and Soul were part of this mega event. Propfest offered various attractive offers and lucrative deals on ready-to-move-in properties and on the spot bookings. The 2-day event offered a unique experience to the property buyers with assured gifts; tailor-made payment plans, on the spot loan approvals, and special d

Interesting resemblance between Sports and Trading, you should know

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The National Sports Day, 29 th August, is celebrated on the birth anniversary of hockey legend Major Dhyan Chand. This day marks the birthday of the hockey player Major Dhyan Chand Singh, who won gold medals in Olympics for India. He scored more than 400 goals in his career from 1926 to 1948. Sports is composition of Physical and Mental conditioning, underneath to that it is a mixture of Physical, technical, tactical thinking, analytical abilities, foresight, motor ability and psychology which comprises motivation, emotions, adaptation. As we pay close attention to attributes of sports, we will find that there is close resemblance between Sports and Trading. As a Trader, It will give us lots to insight by understanding how Athletes trains themselves and how they do mental conditioning. In both the profession, mental conditioning is very important because be it sports of trading, we experience anxiety, fear, pressure of performance, lack of problem awareness. What is inside the mind o

Government Relaxes FDI Norms for the Indian Retail Sector

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The government is on a roll and is making concerted efforts to bring India’s economic growth back on track. In line with the overall demand, the government today relaxed the FDI norms in single-brand retail and expanded the definition of mandatory 30% domestic sourcing norms. This is excellent news for foreign retailers giants like IKEA and Apple who will now find Indian market more lucrative to invest and conduct business in. Many foreign brands have been in a wait-and-watch mode on account of the difficulties so far perceived in meeting the mandated sourcing norms. With more clarity, many of such players can now make their foray into India to tap into India’s consumption story – and to boost investments here. Also, the announcement to allow single-brand retailers to start online sales, effectively doing away with the previous condition of first setting up a mandatory brick-and-mortar store, is also commendable. Massive capital is required for setting up a physical store vis-à-vis o

Aster to set-up an Innovation and Research hub in Bangalore, India and GCC

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Bangalore, India, 27 th < /sup>August, 2019 : To improve the ultimate health outcomes for patients and enhance their overall experience at all its facilities, Aster DM Healthcare is setting up Aster Innovation and Research Centre in Bangalore, India and GCC. Over the next three years, the Centre will aim to achieve key milestones like introduction of innovative solutions for home healthcare with focus on digital primary care, establishing a rich eco-system of digital health partners from start-ups to academia and starting digital health/ informatics/ medicine as a stream for future healthcare workers. Joining as the Chief of Innovation, Dr. Satish Prasad Rath, MD would be spearheading the innovation projects, that will be aim to leverage the advances in digital health research like AI, cognitive psychology, blockchain, IOT, behavioral economics etc. and on-board start-ups which can drive innovation. The Centre will also work in a collaborative manner focusing on applied researc

Announcing the launch of the all new Backhoe Loader, TATA HITACHI SHINRAI

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Aurangabad: Following highly successful launches in the Southern markets, East and some parts of Western and Northern India, Tata Hitachi launched the all new backhoe loader, TATA HITACHI SHINRAI in Aurangabad. A revolutionary new offering, SHINRAI is designed and manufactured on the key tenets of capability and reliability. An engineering masterpiece, this machine, with its new and advanced features, stands true to its name: SHINRAI – a Japanese word that means Trust, Reliability and Confidence. With Industry leading reaches, dig forces, a brand new front end loader geometry and a design built for attachments; Tata HITACHI SHINRAI is a truly capable machine.  This capability is backed by a “high torque at low rpm” engine with enough reserve power across its entire spectrum to provide confidence in its capabilities. With a spacious cabin with easy to work controls, fully mechanical drive train, an In-line fuel injection pump, a special warranty & support package SHINRAI is equippe

Regular Investing- The Friend We All Need

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What do we all look for in a good friend? We look for people who are consistent in our lives, who have our best interests at heart, who constantly remind us of our true worth, whose company will help us grow into the best versions of ourselves and who will always have our back, amongst many other attributes. When we do find people who fit this description, we befriend them and nurture this friendship by giving our time and love to them in return. It is rare to find this connect, but when we do, we hold on to these friends for our entire lives. What if we decide to befriend a good habit just like we befriend a good person? If habits were people, then Regular Investing would be most people’s best friend. We could befriend Regular Investing by starting a SIP and inculcating the habit of setting aside some of our income and letting it grow to its full potential. But what kind of a friend would Regular Investing be? Let’s break this down. The Consistent Friend Money decisions are a constan

The iconic ‘Indian Motorcycle’ inaugurates its new Dealership in Mumbai

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Launches new FTR 1200 S and FTR 1200 S Race Replica in Mumbai Mumbai, August, 21 st 2019:   Polaris India Pvt. Ltd., a wholly owned subsidiary of Polaris Industries Inc., the world leader in Off-Road and All-Terrain Vehicles, today announced the launch of the Indian® FTR 1200 S and FTR 1200 S Race Replica in Mumbai. The launch of the iconic Indian Motorcycle was on the sidelines of the opening of new dealership in Mumbai. The new showroom was inaugurated by Pankaj Dubey, Managing Director, Polaris India Pvt. Ltd. along with Abhijeet Khinvasara. Speaking on the occasion, Pankaj Dubey, Managing Director, Polaris India Pvt. Ltd. said, “We are proud to bring America’s first motorcycle company, Indian Motorcycle®, to the city of dreams Mumbai. Our new dealership will provide the bike aficionados of Mumbai, a world-class mobility solution with a slice of history. The highly anticipated dealership in Mumbai will set a new benchmark for service and support making buying and owning an In

How to build corpus to buy your first home

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Buying a house is one goal that every individual has on their bucket list. It is one of the major financial decisions and involves a lot of planning and detailed budgeting. It carries a huge responsibility, in terms of making financial arrangements to fund this goal. One needs to understand their cash flow and their requirement to adequately finance this goal. However, we believe, if one takes the right financial decisions, they can easily build a corpus to fund their goal of buying a house. Firstly, one must decide on the timeline to buy their house and plan accordingly. Starting to plan as early as possible is advisable. If you start planning at the age of say 25, you would be able to save enough to buy a house in the next 7-10 years. However, one must be aware of the financial and investment options available to them to help them build this corpus. Of course, home loan eases some load off one’s shoulders. But, one needs to plan for the down payment of the house, which again, is qui

Revision in eligibility criteria for inclusion of stocks in NIFTY indices

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August 20, 2019: Currently, only stocks that are listed at the National Stock Exchange of India Ltd. (NSE) are included in NIFTY indices.  Stocks which are permitted for trading at NSE while not listed at NSE or stocks not listed and also not permitted to trade at NSE are not considered for inclusion in NIFTY indices. The Index Maintenance Sub-Committee (IMSC) of NSE Indices Limited has reviewed the eligibility criteria for inclusion of stocks in NIFTY indices as: Existing All equity shares listed on the National Stock Exchange (NSE) are eligible for inclusion in the NIFTY indices. Convertible stock, bonds, warrants, rights, preferred stock that provide a guaranteed fixed return and stocks under BZ series are not eligible for inclusion in the NIFTY indices. Revised All equity shares that are traded (listed & traded and not listed but permitted to trade) at the National Stock Exchange (NSE) are eligible for inclusion in the NIFTY indices. Convertible stock, bonds, warrants, right

Accutest Biologics gets global Honour

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ABPL’s quality systems, traceability, zero observation by regulators and GLP certification catapults its credibility and fast track growth  Biologics worth USD 100 billion in sales will go off-patent by 2020 making Asia Pacific one-third contributor of bio-similar market  Mumbai, Aug 16, 2019: India’s clinical contract research industry, with the current market size of USD 500mn is poised to double over five years and achieve Billion dollar market club. As a leading Indian Contract Research Organisation ( CRO )  Accutest Biologics Private Limited (ABPL)  is all set to leverage the growing global demand for Biologics and Biosimilar drugs. The leading CRO for Biochemical characterization and Bioanalytical services, in support of preclinical and clinical development of Biologics and Biosimilars, ABPL has recently received a global honour with the OECD- Good Laboratory Practice (GLP)  certification for the next three years. National Good Laboratory Practice Compliance Monitoring Authorit

Max Bupa celebrates the spirit of real sisterhood this Rakshabandhan with #SabKiSister campaign

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Conveys gratitude and pays ode to ‘Nurses’ across the nation Celebrating the festival that marks the strong bond between brothers and sisters, this Raksha Bandhan, Max Bupa Health Insurance – one of India’s leading standalone health insurance players has launched a unique #SabKiSister campaign. Through the campaign, Max Bupa aims to celebrate the invaluable contribution of the unsung heroes of healthcare – the nurses, who look after the patients in the time of need. Fondly called as ‘sisters’, the nurses work relentlessly every-day to ensure appropriate delivery of treatment and care, and enable millions of patients to regain good health. Marking a tribute to the Nurses, Max Bupa has released a digital film on the brands social media channels including YouTube, Facebook, Instagram, LinkedIn and Twitter to launch the campaign. The video shows the protagonist, who is an old man, surrounded by a loving family going back to the hospital on Raksha Bandhan to thank a nurse who looked after

This Rakshabandhan gift your sister a long-term and secure investment plan

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Author Amar Pandit, is CFA and Founder of Happyness Factory A sister may shout, scream or chase you around the house when she’s mad but she never fails to pour her heart out when the time is right. To celebrate this bond and love, the festival of Raksha Bandhan is celebrated all over India. While you scratch your heads to think what you gift here, we’ve come up with an idea. Retire the ideas of chocolate, sweets, money, etc. that might last a day or max a month — this Rakshabandhan gift your sister a safe future or memories that last a lifetime. Start by deciding what you want to give your sister. It can be anything from a vacation in Maldives, diamonds, to helping her start her own company. You can also think of taking a much-awaited sibling road trip or gifting her a house or car she has always wanted. Sounds impossible? It isn’t. All you need to do is follow the three-step process of plan, process, and product. A simple way to do is to use the goal-based system. Let’s dive deeper i

KTM announces Power Ride to celebrate India’s 73rd Independence Day

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  3000+ owners from 100+ cities to ride   13 th August 2019, Pune:  KTM, Europe’s No.1 motorcycle brand, today announced its first-ever Power Ride to celebrate India’s 73 rd Independence Day. KTM’s Power Ride is conceived to bring the community together and join the brigade of thousands of KTM enthusiasts. The first edition of the Power Ride will see over 3000 KTM owners from 100+ cities participating in a half day ride & covering over 2 lac kilometres together to mark the country’s 73 rd year of Independence. KTM plans to have one Power Ride every quarter to create a platform for it passionate bikers from across the country to connect with each other – in person or virtually.  Power Rides will cover owners across the entire range of KTM bikes from 125 to 390cc. Speaking on the occasion  Sumeet Narang, President (Probiking) at Bajaj Auto Ltd. said  “Over the years, KTM India has built a strong community of over 2 lac KTM owners and thus, KTM Power Ride is an apt platform for th

Bajaj Auto launches the new Pulsar 125 Neon

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The new power packed Pulsar 125 Neon delivers a class-beating power of 12 PS Adds extra thrill & excitement to daily riding with uber cool Neon styling Several ‘Class leading’ features – Power, Clip-On handlebar & Counter-balancer Priced at Rs. 66,618 ex-showroom Delhi for Disc brake version 13 th August 2019, Pune: Bajaj Auto, The World’s favourite Indian, has launched the new Pulsar 125 Neon, power packed with performance and several ‘Class leading’ features. The new Pulsar 125 Neon offers 125cc DTS-i engine which churns a power output of 12 PS and a whopping peak torque of 11 NM, which places it ahead of its competitors in the segment. Pulsar 125 Neon’s colour and graphics scheme with irresistible Neon accents gives it a young & peppy appearance. It comes with colour co-ordinated Pulsar logo and grab rail, 3D variant logo on the rear cowl and neon coloured streak on black alloy to complete the look on the motorcycle. Pulsar 125 Neon features class leading Clip-On hand

Worried over Tax Saving, Here are Tax Saving Investment Options for you

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For most people tax-saving is more of a burden they are forcefully bearing rather than being a delightful way of saving and investing. It is important to, not view tax-saving as an isolated goal while selecting your investments. The truth is, with a little thought and planning, the investments you make for tax-saving can become an asset for life by adding on to your retirement corpus. A good tax saving investment must be an investment first and a tax saver later. One must invest in the product that is right for them and weigh the pros and cons of investing in each product and chose the product that is right for us and in line with their Financial goals. Therefore, while planning investments for saving tax, decide how the amount will be split between equity, insurance premiums, home loan and EPF so that you not only reduce your tax but also create wealth for your future needs. Few of the very important tax saving options are as follows: 1)       Equity Linked Saving Schemes (ELSS) The

Proposed NSE IFSC–SGX Connect receives regulatory dispensations

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Mumbai and Singapore,  6 August 2019 :  National Stock Exchange (NSE) and Singapore Exchange (SGX) have received a set of approved regulatory dispensations from their statutory regulators, obtaining their support on a joint proposal that NSE and SGX submitted earlier this year. The proposed NSE International Financial Service Centre (IFSC)-SGX Connect aims to bring together the trading of Nifty products in Gujarat International Finance Tec-City (GIFT) and create a larger pool of liquidity comprising international and home market participants. The Connect model, which is subject to further approvals from relevant local authorities, will enable SGX and NSE IFSC members to access Nifty products in GIFT while managing their exposures through their respective clearing corporations. SGX and NSE will continue to work with all key stakeholders to make the NSE IFSC-SGX Connect operational before the end of 2020, subject to members’ readiness and receiving all relevant approvals. Both exchanges

Okinawa scooters reduce prices of e-scooters, share GST rate cut benefit with customers

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New Delhi, August 5th, 2019: Okinawa Scooters, a 100% Indian electric two-wheeler manufacturing company with focus on ‘Make in India’ has announced that the prices of Okinawa range under Lead Acid has now reduced by Rs 2,500 – Rs 4,700 and in Li-ion range the cost has reduced by Rs 3,400 – Rs 8,600, following the government’s move to slash the Goods and Services Tax (GST) rate on electric vehicles to 5% from 12% earlier. The drop in prices clubbed with FAME II subsidy has made the on-road price of Made-in-India electric scooters much lower than its current pricing. The government at 36th GST Council Meeting made a strong push for green modes of transport by slashing the GST rate on the cleaner vehicles from 12% to the lowest slab of 5%.  Additionally, the council has also reduced GST rate on charger or charging stations for electric vehicles from 18 per cent to 5 per cent. These measures will be effective from August 1 onwards. Jeetender Sharma, Founder & Managing Director, Okinaw

Global solar EPC major Sterling and Wilson Solar’s Rs 3,125 cr IPO opens on August 6th

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  Price band fixed at Rs 775-Rs 780, Face Value of Rs. 1 each (Equity Shares) Minimum Bid lot is 19 Equity Shares and in multiples of 19 Equity Shares thereafter. Issue opening date –  August 6, 2019 and Issue closing date – August 8, 2019 The Floor Price is 775 times of the face value and the Cap Price is 780 times of the face value of the Equity Shares Chennai, August 1, 2019 :  World’s largest pure-play, end-to-end solar engineering, procurement and construction (EPC) solutions provider, Sterling and Wilson Solar Limited will hit the bourses with its Initial Public Offering (IPO) targeting to raise Rs 3,125 crores on August 6, 2019 at a price band of Rs 775 to Rs 780. The issue, which closes on August 8, 2019, comprises of an offer for sale by the promoters Shapoorji Pallonji and Company Private Limited aggregating up to Rs 2,083.33 crores and Khurshed Yazdi Daruvala totalling Rs 1,041.67 crores. The Promoter Selling Shareholders will utilise a portion of the Net Offer Proceeds, to