Loknath Das, Author at Pinfaves

U.S. Public Education Increasingly Drawing Attention From Private Philanthropy

December 7, 2019December 7, 2019 Loknath DasAttention, Drawing, Education, From, Increasingly, Private, Public, U.S.

The Broad Foundation, a Los Angeles-based nonprofit organization established in 1967 by billionaire philanthropist Eli Broad and his wife, Edythe, announced Thursday that it would donate $100 million to Yale University. But the donation will be directed to training leaders in the realm of public education, from kindergarten to high school (K-12). The $100-million donation will help the Yale School of Management create a master’s degree program, free to students who aspire to lead in America’s public school systems in areas of management, public health, law, child development, policy, criminal…

After roads, tailwinds favour private sector investment in airports

December 6, 2019December 6, 2019 Loknath DasAfter, favour, In, investment, Private, Roads, sector, tailwinds

Recently, Zurich Airports International AG won the bid to develop and operate the Jewar airport near Delhi for 40 years. The Swiss firm’s bid to share revenue of ₹400.97 per passenger with the Airports Authority of India (AAI) beat competition by a wide margin. But keen participation by leading business firms such as Adani Enterprises Ltd, Delhi International Airports (GMR Group) and international firm Anchorage Infrastructure Investments Ltd shows the rising private sector interest in airports. Naveen Kumar Saini/Mint This follows the recent deal by Tata group with Singapore’s sovereign wealth fund GIC…

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

December 4, 2019December 4, 2019 Loknath DasBrand:, CMD, co, Gautam, holding, In, lifestyle, merit, More, New, Raymond, saw, Says, The

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,…

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

December 3, 2019December 3, 2019 Loknath Das

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…

Are You Paying Higher Premium For Your Health Insurance?

December 2, 2019December 2, 2019 Loknath DasAre, for, Health, higher, Paying, Premium, You, Your

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…

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

December 1, 2019December 1, 2019 Loknath Dasbecomes, check, debt, From, investment, New, NPS, Safer, Today, Under

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.…