Tuesday 11th December 2018,
Radio Metta

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This week in MFs: AUM up 8% in Nov-end but equity inflows dwindled

This week in MFs: AUM up 8% in Nov-end but equity inflows dwindled

Mutual funds’ asset base rose to a little over Rs 24 lakh crore by November-end, an increase of 8 percent from a month ago led by strong inflow in liquid schemes. According to data on Association of Mutual Funds of India (AMFI), the asset under management (AUM) of 42-player mutual fund industry jumped from Rs [...]

December 8, 2018 Loknath Das Education Comments Off on This week in MFs: AUM up 8% in Nov-end but equity inflows dwindled

Listed cos account for less than one-third of corporate tax in FY18: Report

Listed cos account for less than one-third of corporate tax in FY18: Report

Listed companies accounted for a little less than a third of the corporate tax in FY18, down from nearly 40 percent in FY17 and 49 percent a decade ago, Business Standard reported. India’s top companies listed in BSE500, BSE Mid-cap or BSE Small-cap index paid Rs 1.88 lakh crore in direct taxes in FY18, against total [...]

December 4, 2018 Loknath Das Business Comments Off on Listed cos account for less than one-third of corporate tax in FY18: Report

United inks deal with Avianca, Copa to expand footprint in Latin America

United inks deal with Avianca, Copa to expand footprint in Latin America

Nicolo Filippo | Bloomberg | Getty Images An airplane sits at the Avianca Holdings SA Maintenance, Repair and Overhaul (MRO) Aeronautical Center in Rionegro, Colombia on Tuesday, Nov. 7, 2017. Avianca Holdings SA reported a net income of $36.1 million USD in the third quarter despite a pilot strike that lasted for almost two months. [...]

December 2, 2018 Loknath Das Education Comments Off on United inks deal with Avianca, Copa to expand footprint in Latin America

Amazon warehouse workers in Europe protest on Black Friday, calling working conditions ‘inhuman’

Amazon warehouse workers in Europe protest on Black Friday, calling working conditions ‘inhuman’

  On the biggest shopping day of the year, U.K.-based trade union GMB is organizing a protest against Amazon for what it calls “inhuman” conditions for warehouse workers. Amazon has been under a microscope recently as it gets ready to bring 25,000 jobs to each of two new “headquarters” locations in New York and Arlington, [...]

November 24, 2018 Loknath Das Business Comments Off on Amazon warehouse workers in Europe protest on Black Friday, calling working conditions ‘inhuman’

Air Force showcases achievements in technology

Air Force showcases achievements in technology

The project was displayed during the NAFLogistics Command’s Inter Units Research and Development Competition at the 631 Aircraft Maintenance Depot (ACMD), Sam Ethnan Base, Lagos. The Air Officer Commanding (AOC), Air Vice Marshal Nnamdi Ekeh, who declared  the competition open, said it was introduced in 2016, aimed at promoting indigenous technology for the NAF and [...]

November 23, 2018 Loknath Das Technology Comments Off on Air Force showcases achievements in technology

Wealth of top 100 Indians in the real estate sector totals Rs 236,610 crore: Hurun report

Wealth of top 100 Indians in the real estate sector totals Rs 236,610 crore: Hurun report

Richest Indian families The total wealth of top 100 Indians in the real estate sector stood at Rs 236,610 crore – up by 27 percent against 2017, says the GROHE Hurun India Real Estate Rich List 2018. The financial capital of India, Mumbai dominates the list followed by New Delhi and Bengaluru. In Fact, the [...]

November 21, 2018 Loknath Das Real Estate Comments Off on Wealth of top 100 Indians in the real estate sector totals Rs 236,610 crore: Hurun report

15th anniv. celebrations: Orca Deco hints of establishing factory in Ghana

15th anniv. celebrations: Orca Deco hints of establishing factory in Ghana

Furniture giant Orca Deco is hinting of plans to establish a furniture factory in Ghana after 15 years of operations in the country. According to the Sales and Marketing Director of Orca Deco, Sonia Sharara the development will however strongly be dependent on the future economic stability of the county. “this factory will supply the [...]

October 30, 2018 Loknath Das Home Deco Comments Off on 15th anniv. celebrations: Orca Deco hints of establishing factory in Ghana

What house would have a bridge? This Art Deco home in Lansing, complete with river views

What house would have a bridge? This Art Deco home in Lansing, complete with river views

Among the historic homes on Moores River Drive, sits a white house that may seem out of place. But it’s not. It’s a modern home, its design firmly rooted in the Art Deco ideals of the 1920s and 1930s. It’s smooth and sleek, with vertical stripes of both singular and grouped windows. “We get strong reactions,” said owner [...]

October 27, 2018 Loknath Das Home Deco Comments Off on What house would have a bridge? This Art Deco home in Lansing, complete with river views

Tech is getting wrecked — three experts weigh in on whether the turmoil will continue

Tech is getting wrecked — three experts weigh in on whether the turmoil will continue

Technology is the second-worst-performing sector in the S&P 500 in the last week, with names such as Applied Materials, Nvidia, Adobeand PayPal among the group’s biggest losers in that time. Here’s what three market watchers said about tech stocks’ next move: Timothy Lesko, principal and partner at Granite Investment Advisors, said the recent downside isn’t all due to rising interest [...]

October 10, 2018 Loknath Das Business, Real Estate Comments Off on Tech is getting wrecked — three experts weigh in on whether the turmoil will continue

15th anniv. celebrations: Orca Deco hints of establishing factory in Ghana

15th anniv. celebrations: Orca Deco hints of establishing factory in Ghana

Furniture giant Orca Deco is hinting of plans to establish a furniture factory in Ghana after 15 years of operations in the country. According to the Sales and Marketing Director of Orca Deco, Sonia Sharara the development will however strongly be dependent on the future economic stability of the county. “this factory will supply the [...]

October 7, 2018 Loknath Das Home Deco Comments Off on 15th anniv. celebrations: Orca Deco hints of establishing factory in Ghana

OnePlus 6T Global Launch Event to be Held in India?

OnePlus 6T Global Launch Event to be Held in India?

OnePlus 6T India launch could be same day as the global launch HIGHLIGHTS OnePlus 6T will allegedly be launched in India on October 17 This could be global unveiling of the smartphone OnePlus 6T might sport a triple rear camera setup OnePlus 6T is doing the rounds on the rumour mill quite frequently these days, with [...]

September 28, 2018 Loknath Das Technology Comments Off on OnePlus 6T Global Launch Event to be Held in India?

Google Pixel 2 XL Price Cut in India Ahead of Pixel 3 Series Launch

Google Pixel 2 XL Price Cut in India Ahead of Pixel 3 Series Launch

Google Pixel 2 XL price in India has been reduced to Rs. 45,499 for the variant with 64GB storage HIGHLIGHTS Google Pixel 2 XL’s base variant gets a price cut It was originally launched at Rs. 73,000 This comes just before the Pixel 3 launch on October 9 Google Pixel 2 XL has reportedly received a [...]

September 28, 2018 Loknath Das Technology Comments Off on Google Pixel 2 XL Price Cut in India Ahead of Pixel 3 Series Launch