Loknath Das, Author at Pinfaves

Techno India Group breaks barriers in education

July 31, 2019July 31, 2019 Loknath Das

For the Techno India Group and Sister Nivedita University, the journey began more than three decades ago. Because of a dearth of private engineering colleges in West Bengal, many meritorious students relocated to other States for higher studies. This was resulting in a massive brain drain in the State. Keen on breaking the stereotype of school pass-outs joining typing classes, Goutam Roychowdhury and Satyam Roychowdhury decided to start a computer training centre. They took the initiative to open computer centres at government-sponsored colleges jointly with the Institute of Computer Engineers,…

Tata Motors Rating: Hold; Subdued performance across the business

July 30, 2019July 30, 2019 Loknath Dasacross, hold, Motors, Performance, Rating, Subdued, Tata, The

The outlook for India business is also hazy both on margin and volumes. Tata Motors (TML) reported a 35% underperformance in Q1FY20 consolidated Ebitda (down 41% y-o-y) due to lumpy cost at JLR and fall-off in India volumes. On JLR, management reiterated the 3–4% Ebit margin guidance for FY20 (despite a weak Q1) as: (i) the worst is behind in China; and (ii) marketing (VME) and warranty cost would reduce going ahead. The India business suffered from a sharper-than-expected downshift in demand, which management expects to improve ahead. However, demand outlook…

Healthy Reasons To Get Dancing Around Your Living Room Today

July 29, 2019July 29, 2019 Loknath DasAround, Dancing, Get, Healthy, living, reasons, Room, to, Your

Dancing has been shown to be beneficial to mental and physical health, possibly even more so than other forms of exercise. PHOTO BY DARIA OBYMAHA FROM PEXELS It’s clear that moving the body not only enhances physical fitness it contributes to mental health and emotional wellbeing. And the array of classes to support you to do so continues to increase as the boutique fitness market grows. A 2018 London Boutique Studio Report, compiled by independent leisure market analysts, LeisureDB, reported there were 278 boutique studios in London providing over 15,000 boutique classes per…

Investment projects worth Rs 65,000 crore to be announced in second ground breaking ceremony

July 28, 2019July 28, 2019 Loknath Das000, 65%, Announced, be, Breaking, Crore, ground, In, investment, projects, Rs., Second, to, Worth

Union Home Minister Amit Shah will inaugurate the two-day second ground breaking ceremony in Lucknow on Sunday. (Image | PTI) Union Home Minister Amit Shah will inaugurate the two-day second ground breaking ceremony in Lucknow on Sunday which will see the launch of more than 250 projects worth Rs 65,000 crore. Speaking to India Today, state industrial development minister Satish Mahana said “The first ground breaking ceremony last year was highly successful and this time again more than 250 projects worth around Rs 65,000 crore rupees will be announced in…

Himachal signs MoUs for 228 projects with investment of over Rs 27, 515 cr

July 27, 2019July 27, 2019 Loknath Das228, 27, 515, for, Himachal, investment, MoUs, of, Over, projects, Rs., signs, With

In Himachal Pradesh, the state government has signed memorandums of understanding (MoUs) for 228 projects during the past few months with investment of over Rs. 27, 515 crores. This is for the first time in the history of Himachal Pradesh that entrepreneurs have come forward in such a big number to invest in the state. Chief Minister Jai Ram Thakur disclosed this in Shimla today while reviewing the progress of various developmental projects. He also instructed the concerned departments to speed up all the required clearances in a time-bound manner.…

Fintech platform Zeta secures C series investment from Sodexo; deal values company at $300 mn

July 24, 2019July 24, 2019 Loknath Das

Fintech platform Zeta on Tuesday secured a series C investment from Sodexo Benefits and Rewards (BRS), at a valuation of $300 million. With this new capital, Zeta will look at expanding its business in the United States, United Kingdom, Europe and SouthEast Asia. Starting operations in 2015 in the digital meal benefit market, Zeta over 14,000 corporate clients and more than 1.9 million users using its employee benefits and corporate gifting platform. It has partnerships with organisations such as RBL Bank, IDFC First Bank and Kotak Mahindra Bank. “Today’s banking…