Loknath Das, Author at Pinfaves

Investment Cell to provide information on tax policies, incentive schemes to entrepreneurs

February 4, 2020February 4, 2020 Loknath Dascell, incentive, information, investment, On, policies, provide, schemes, Tax, to

NEW DELHI: The proposed Investment Clearance Cell in the Budget will link all central government ministries and state departments to provide information on land banks, incentive schemes and taxation policies to entrepreneurs, a top government official said. Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Guruprasad Mohapatra said the cell will help an entrepreneur to take a well informed decision to set up manufacturing facility in the country. “The idea is to bring all central government ministries and state governments linked to it physically as well as through IT,” he told…

What You Can Learn From An Unusual Investment

February 2, 2020February 2, 2020 Loknath Dasan, Can, From, Learn, Unusual, What, You

Company X is a good case study of how my idea generation process works and over time translates into new ideas for the partnership. The company was a spin-off from a healthcare company, one that I have followed for almost 15 years. The business being spun-off was the global Veterinary Distribution business which distributes drugs and supplies to veterinarians. It wasn’t a normal spin-off, but rather it was a combination of a spin-off with a merger with another company, a rapidly growing young company that provided Software as a Service…

Crusader Kings 3 shows off character Lifestyle focus, events, and skill trees

February 1, 2020February 1, 2020 Loknath Das3, and, character, Crusader, events, Focus, Kings, lifestyle, Off, Shows, skill

Crusader Kings 3 is shaping up to bring a combination of grand strategy and roleplaying, and the latest dev diary showcases these mechanics. We get to see character Lifestyles, events, focus, skill trees, perks, and even tidbits about intrigue and torture. Check out the video below: Crusader Kings 3: Character Lifestyles To be fair, Crusader Kings 2‘s roleplaying aspects were quite lacking when it originally released. It took the release of the Way of Life DLC to completely change the way you’d start building your characters. It’s no wonder that I considered it one of…

Altria stock craters after $4.1 billion hit from Juul investment, blames growing legal risk

January 31, 2020January 31, 2020 Loknath Das$4.1, After, Altria, Billion, Blames, craters, From, Growing, Hit, investment, Juul, Legal, Stock

Altria stock cratered as much as 7% Thursday after the tobacco company posted a fourth-quarter loss and took a $4.1 billion hit on its investment in e-cigarette company Juul, which faces mounting litigation and scrutiny over a surge in teen vaping. The Richmond, Virginia-based Marlboro maker said the impairment charge was due to the increased number of legal cases against Juul and the expectation that litigation will grow. Since the end of October, there has been an 80% increase in the number of legal cases pending against Juul, Altria said. Its…

Biocon to scale up investments in small molecules business

January 28, 2020January 28, 2020 Loknath Das

Biocon Ltd plans to scale up investment in its small and complex drug molecules vertical over the coming years using proceeds from a proposed initial public offering of its biologics operations, said a senior company official. This will mark a shift in Biocon’s strategy as the company had tapped capital from its small molecules operations over the past decade to fund growth of its then-fledgling biologics business, Siddharth Mittal, chief executive and joint managing director of Biocon said in an interview. He said the firm plans to invest a part…

Madhya Pradesh claims major investment after CM’s Davos visit, BJP dubs it lip service

January 25, 2020January 25, 2020 Loknath DasAfter, BJP, Claims, CM’s, Davos, dubs, investment, It, Lip, Madhya, major, Pradesh, visit

Madhya Pradesh Chief Minister Kamal Nath during the Davos World Economic Forum State Session on Wednesday.(ANI) The Congress government in Madhya Pradesh has claimed it is expecting an investment of more than Rs 4000 crore after chief minister Kamal Nath’s meeting with some of the corporate leaders from around the world during his ongoing visit to Davos. A government spokesperson said Kamal Nath met various leading industrialists, including the chairperson of MKS Company Marwan Shakarchi and president and chief executive officer of Novo Nordisk, Lars Fruergaard Jorgensen, and several others…