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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