Saw more merit in holding Raymond brand in the new lifestyle co, says CMD Gautam Singhania

A month after announcing demerger plans, Raymond has decided to modify its brand royalty policy and do away with any inter-company brand royalty contracts. “Originally the plan was that the new company, the lifestyle company would pay a royalty to the old company for the use of the brand name. However, we got feedback from investors and from various well-wishers that if we let the new company own the Raymond brand for its product categories, in perpetuity it would be more better for the new company,” said Gautam Singhania, CMD,…

Read More

Veganism continues to be one of UK’s fastest-growing lifestyle movements

Veganism continues to be one of the UK’s fastest-growing lifestyle movements, and this is certainly reflected in London’s massive vegan scene. (Photo: ANI) London: London has been named the most vegan-city in the world for a second year and has now more vegan restaurants in the last few years, according to an online restaurant guide. According to HappyCow, which claims to be the largest vegan and vegetarian restaurant guide in the world, London became the first city on its list to reach 100 vegan-friendly restaurants in 2017. Presently, there are 125…

Read More

Are You Paying Higher Premium For Your Health Insurance?

Health is considered to be the most important asset of any individual. But in India, the statistics on health insurance are shocking. The recently released National Family Health Survey (NFHS-4) by the ministry of health and family welfare shows that less than one-third (29 per cent) of households have at least one usual member covered under health insurance or the health scheme. Also, from a motivation for the customer point of view, in an age where customisation is demanded in every purchase decision, the health insurance options available in the…

Read More

Debt investment under NPS becomes safer from today. Check new rules

New Delhi: The quality of debt securities that your National Pension System (NPS) fund manager buys may see significant improvement from today. The Pension Fund Regulatory and Development Authority (PFRDA) last month revised the guidelines for the valuation of pension schemes, which becomes effective from today (December 1, 2019). In a circular, the pension fund regulator said that it has made changes in the ‘valuation of debt securities’ as well as ‘valuation policy for securities below investment grade’ in which pension funds in the National Pension System (NPS) can make investments.…

Read More

There Are Black Friday Type Deals On Small Business Saturday: $17.8 Billion Spent In 2018

In the midst of Black Friday and Cyber Monday planning and shopping, there are two additional “shopping” days you may want to know about. Small Business Saturday and Giving Tuesday. Each one came about, partly as a counter-movement to the big box retailer pushes to get people to spend. Note: I explore where to find Saturday specials here and “GivingTuesday” in a separate post that I will publish this weekend. NEW YORK, NEW YORK – NOVEMBER 25: Lin-Manuel Miranda lights the Empire State Building blue in … [+] GETTY IMAGES If…

Read More

Why the follow-unfollow method still persists on social media

In fifth grade, I remember signing in and out of MSN Messenger so my crush would finally notice me when he got a notification. I’d sit there staring longingly at the green icon next to his screen name, wondering what he could possibly be doing that was more interesting than talking to me. But I want to tell my sweet and naïve 10-year-old self that if he wanted to talk to me the first time, he would have found a way. Now, I have the foresight to see just how…

Read More