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Watsa Shuns China as Fairfax Looks for Investment in India, U.S.

Loknath Das, , , , , , , , , ,

(Bloomberg) — Prem Watsa, the billionaire head of Fairfax Financial Holdings Ltd., sees plenty of opportunities for investment in the U.S. and his native India. He’s less interested in the other Asian powerhouse. “In China, we are less invested,” Watsa said in an interview with BNN Bloomberg Television Friday. “We like democracy. We like business-friendly policies.” Watsa, who emigrated from India 46 years ago, is most excited about the opportunities being created there due to the policies implemented by Prime Minister Narendra Modi. “He’s very business friendly and he’s got a great…

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Kendall Jenner says ‘always been a hypochondriac’, as she opens up about her struggles

Loknath Das, , , , , , , , , , , , ,

Kendall Jenner got candid during the latest episode of ‘Keeping Up with the Kardashians’ and opened up about a lot of personal issues. The 22-year-old American model admitted that she has “always been a hypochondriac” and how her modelling career has taken a toll on her. During the show, Kendall said “Since I was a kid, I’ve always been a hypochondriac. I’ve always been the worst hypochondriac. But now I have to try and be a big girl”. Kendall also talked about her constant struggle with anxiety among a lot…

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Why Meal Timings Are As Important As The Food You Take

Loknath Das, , , , , , , , ,

A balanced and nutritious diet in combination of exercise or light physical activity is surely the key to healthy life. But come to think of it, is that  all it takes to be perfectly healthy? Think again. There is a factor as important, that you may have been ruling out unknowingly. We’re talking about meal timings. Remember how in school you had a fixed lunch breakand each day the bell would ring at the same time? Turns out that this is the kind of discipline your body asks for, (in addition to good…

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Landmark Group appoints Vasanth Kumar as MD of Lifestyle International

Loknath Das, , , , , , , , ,

New Delhi: Dubai-based retail and hospitality conglomerate, Landmark Group, which is also the parent company of brands like Lifestyle, Max Fashion, Home Centre, Spar Hypermarkets and EasyBuy, has appointed Vasanth Kumar, executive director of Max Fashion India as the managing director of Lifestyle International with the responsibility for the strategic direction and execution of Lifestyle and Home Centre businesses, starting April 1, 2018. Kabir Lumba, currently heading Lifestyle International as managing director, will be taking on a new role within Landmark Group, as CEO – Max and Director – Landmark Group in the Middle…

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Blow for Reliance Communications as wireless unit merger with Aircel collapses

Loknath Das, , , , , , , , , ,

Embattled telecom company Reliance Communications Ltd faced another setback on Sunday after a deal to merge its wireless business with smaller rival Aircel was called off, raising fresh doubts around its debt restructuring plans. The company, widely known as RCom, said it had agreed with Aircel to call off the proposed deal due to regulatory delays and legal uncertainties. RCom has been trying to reduce its debt by 250 billion rupees by merging its wireless business with Aircel and by selling a stake in its mobile masts arm to a unit of…

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India replaces China as top retail destination in 2017: Study

Loknath Das, , , , , , , , ,

India has replaced China as the numero uno retail destination in 2017 as part of the global retail development index, according to industry experts. “India has replaced China this year as the top retail destination as part of the study on global retail development index,” AT Kearney partner Subhendu Roy said on the concluding day of the two-day India Retail Forum 2017. The change in ranking was an outcome of four factors including increased consumer spending, beyond essentials, rising mobile and internet penetration, favourable foreign investment climate and bold action…

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