Thursday, December 27, 2018

ICICI PRUDENTIAL OPPORTUNITIES FUND.

ABOUT THE ICICI PRUDENTIAL OPPURTUNITIES FUND.

The NFO for the fund is open from December,26,2018 TO January,09,2019
and will be available in Growth & Dividend Option. The fund will be benchmarked
Mr.Roshan Chutkey Fund Manager,ICICI
Prudential Asset Management Company explaining
the salient features of the Fund.
against Nifty 500 Index and the minimum application amount is Rs.5000/-
and thereafter in multiple of Re.1.The investment style followed for fund
management will be market cap,sector agnostic.Owing to the nature of fund,
the portfolio will be a concentrated one with high active share.

This fund is suitable for investors who have along term horizon and is patient
with their investments.The fund will be managed fund managers Mr.Sankaran
Naren along with Mr.Roshan Chutkey.This will be a open ended one.

Special situations are extraordinary situations that companies may face from
time to time which will be an oppurtunity for the investor to who can foresee
and interpret the implications of that oppurtunity  for investing.

Wednesday, December 19, 2018

"SIGNIFY" - THE MEANING OF LIGHT.

Signify Launches INTERACT  an IOT Platform in India.

Signify (formerly known as Philips Lighting) ,the world leader in
Lighting launched its new Internet of Things (IOT) platform called
"Interact" in India.The platform delivers new insights to help customers
Mr.Sumit Padmakar Joshi,Vice Chairman & M.D
of SIGNIFY.
drive operational efficiencies and take more effective decisions. It also
supports Company's strategy to deliver new data enabled services as value
expands from Lighting products & systems to services.

"Signify" became the new Company name of Philips Lighting as of
May,16,2018,The legal name of "Signify" will be adapted in India
in the beginning of 2019.

Launching the platform in India,Mr.Sumit Padmakar Joshi,Vice Chairman
and managing Director of Signify's operations in India said,"Now that light
points are smart enough to collect data  on their performance and the 
environment around them,we are tapping into that intelligence.By analysing 
the data from our connected lights,devices & systems ,our goal is to create safer
cities,energy efficient buildings and industries & smarter retail stores in the
country.We are confident that this platform will deliver immense value for 
our professional lighting customers in India."

By 2020,Signify as a Company hopes to become Co2 free & become carbon neutral.

Friday, December 7, 2018

RE/MAX INDIA TO INVEST Rs.100 CRORE BY 2020 FOR EXPANSION PAN INDIA.

PLANS TO EMPLOY 5000 BROKERS IN NEXT 5 YEARS.

About Re/Max : It is an American  International Real Estate Company
that operates through Franchise system.The Company is Head quartered
in Denver-Colorado,USA.

Re/Max India plans to open 500 offices  in India in next 2 years.
Mr Gaurav Marya,Managing Director/CEO,Re/Max  India said,
"We are happy to be a part of Real Estate Sector revival.The real
estate market in India has shown a positive growth which is expected
to reach US$1 Trillion by 2030. The sector is expected to contribute about
13% of the country's GDP by 2050.We hope to attain 5% share of the total
Real Estate broking market in India in the next 5 years".

Thursday, December 6, 2018

SMART WORKS OPENS OFFICE IN BENGALURU.

SMARTWORKS INDIA'S LARGEST AGILE WORKSPACE PLAYER
LAUNCHED FLAGSHIP FACIILITY IN BENGALURU SPREAD OVER
3 LAKH SQ.FT WITH 6000 SEATS.


This facility is located in Global Technology Park,Bellandur, an IT Hub 
in Bengaluru.One of the key highlights of this centre is the introduction
of " Smart Mitri" the world's first female AI Robot.Smart Mitri will be
Smart Works' In - House  productivity mascot & will play an influential
role in handling the overall office management for the facility.This is 
Smartwork's second facility in Begaluru,the first one in Cessna Business
Park.

The Smartworks facility is combination of modern aesthetics with the 
latest technology and a high emphasis on safety,wellness & productivity.
Commenting on the launch,Mr.Neetish Sarda,Founder,Smartworks 
said," smartworks is tapping the vast potential of India's Tech capital 
by building its futuristic Hassle free office experience in Begaluru on
an unrivalled scale".He further said,unlike other agile workplaces
Smartworks offers its clients a cost advantage of upto 30 -40% achieved
through technology intervention that keep operating costs low.With 20 
locations across 9 cities,the firm caters to more than 500+ organisations
across large enterprises,SME's & startups.


LIA FRAGRANCES FROM NR GROUP LAUNCHES CAR FRESHNERS.

INTRODUCES CAR DASHBOARD GEL & VENT GEL.

Lia's Latest car freshner  range is powered with an impeccable
technology in an unique gel formula with a long lasting effect.
Both the products are available in a variety of fragrances,
providing a host of aromas for the consumers to choose from.


The new Lia Dashboard gel is backed with a  Cold Diffusion
Technology & is available in  Sea shore Amber Spice,Floral  
Fusion and Fruit Burst fragrances.The Brand's Vent Gel
freshner is designed with an Air Diffusion Technology,in
Citrus,Zest,Royal Rose,Blue Berry & Sea Shore Aromas.

About NR Group: The Mysuru based NR Group was founded 
by Mr.N.Ranga Rao in 1948.The Group's Cycle Brand Agarbathis
has become the largest selling incense stick brand in the world.

Tuesday, December 4, 2018

IS IT NPA OR NPL ?

                                                                   BANKING NPA'S.

Of late we are hearing frequently about banking NPA's.In the 
banking parlance,Loans are assets which should perform so
that repayment to the banks  are regular.For a layman,asset
is an asset whether it performs or not.Assets can be current assets
like stocks,receivables & which can be liquidated at short notice.
There can also be assets like Building,factory,and also machineries,
which can be called as Fixed assets.

Hence, the question arises,who is responssible for the assets to
non perform? Is it the promoters.Management,employees, Banks,
or the markets they operate?To this,the answer is clearly the promoters 
as they control/Manage the companies.

In this context ,is it correct to call it as Non Performing Loan instead
of Non Performing Asset ?

Monday, December 3, 2018

SALVE REGINA CHARITABLE TRUST CONDUCTS FREE MEDICAL CAMP.

Salve Regina Charitable Trust in association with Akash Hospital & Akash
Institute of Medical Sciences & Research Centre conducts Free Medical
Dr.Regina Seelan,President,Regina Charitable Trust with
Rev.Fr.Arokiaswamy,Parish Priest Lady of Lourdes Church.
Camp on 02.12.2018 .The Camp was held at Our Lady Of Lourdes Church
Cambridge Road,Ulsoor,Bengaluru.

Rev,Fr.Arokiaswamy Parish Priest,Lady of Lourdes Church inaugurated the
Medical camp.Free Facilities were provided  were:
1.Gynaecology,2.ENT,3.Dental,4.Opthalmology,5.General,6.Orthopaedics
7.Dermatology, 8.Diabetic & & also services of  a Neuro Surgeon. Free B.P,
ECG, & Blood Sugar levels were also tested.