In Archives - Page 14 of 116

Rain industries Q4 CY18 review: Business in transition; accumulate on dips

March 1, 2019March 1, 2019 Loknath DasAccumulate, business, CY18, dips, In, industries, On, Q4, Rain, Review, Transition

Rain Industries reported a weak set of Q4 CY18 earnings. Its earnings were anticipated to be subdued due to delayed permission to import a key raw material, green petroleum coke (GPC) and a continued import ban of calcined petroleum coke CPC) used for blending key product. But what really caused the disappointment was the adverse impact of high-cost inventory. Result analysis Volume trend in product sales Key negatives High-cost inventory continues to impact profitability of most chemical products in carbon (68 percent of total sales) and advance materials (25 percent of total sales) segments.…

‘Investment in 8-10 stocks should be good enough if your budget is between Rs 2-5 lakh’

February 9, 2019 Loknath Das$2.5, 8-10, be, between, Budget, Enough, Good, if, In, investment, Is, Lakh, Rs., Should, stocks, Your

For most people, financial decisions pertaining to investing, buying insurance or taking loans are erratic, rather than an informed and planned process. This means that they have innumerable stocks and dozens of mutual funds without taking into consideration, the impact on their financial goals. In this article, I am going to highlight some of the asset classes to help you determine the optimum mix and how much is too much per investment instrument. Mutual Funds: Most of the people are often confused as to how they should segregate their funds.…

Investment in 17 entities under shipping ministry hiked to Rs 5,778 crore for FY’20

February 3, 2019 Loknath Das17, 5%;, 778, Crore, entities, for, FY'20, hiked, In, investment, Ministry, Rs., Shipping, to, Under

The government has increased the proposed investment in 17 enterprises under the shipping ministry to Rs 5,778 crore for 2019-20 in order to boost the ‘blue economy’. The estimated investment in these enterprises that include 12 major ports is Rs 5,548.12 crore in 2018-19, according to the revised numbers in the recent budget document. The government had proposed an investment of Rs 5,079.80 crore in the Budget for 2018-19. Aspiring to be a $10 trillion economy in the next eight years, the government plans to harness India’s long 7,500-km coastline…

Bosch Makes First Venture Investment In India With Deeptech Startup SimYog

January 29, 2019 Loknath Das'First, Bosch, Deeptech, In, India, investment, Makes, SimYog, Startup, venture, With

Robert Bosch Engineering and Business Solutions, has announced its first venture investment in India in Bengaluru-based deeptech startup SimYog Technologies. Incubated at the Indian Institute of Science, SimYog has raised $885.7K (INR 6.3 Cr) in a funding round with participation from early-stage venture capital firm Ideaspring Capital. The startup plans to use the fresh funds to expand its product offering. The company will also expand its team to 12 people—from five now—over the next year, as it adds customers and products. Founded in 2017 by Dipanjan Gope, Anant Devi and…

Kerala makes it to CNN Travel’s list of 19 places to visit in 2019

January 28, 2019 Loknath Das19, 2019, CNN, In, It, Kerala, List, Makes, of, places, to, travels, visit

Soak in the beauty of Kerala in 2019. (Source: Instagram/KeralaTourism, Designed by Gargi Singh) Kerala became one of the 19 places shortlisted by CNN this year for travel enthusiasts to visit in 2019. Stating that Kerala lives up to its moniker, God’s Own Country, the reports says, “This area of India has it all: sun, sea, sand, good food, houseboats, culture and wildlife. Its spectacular natural landscapes — think palm trees and sprawling backwaters — lend the region the nickname “God’s Own Country.” The report also mentions the floods that wreaked havoc in…

Parents must fight for choice in education

January 25, 2019 Loknath Daschoice, Education, Fight, for, In, Must, Parents

President Donald Trump issued a proclamation declaring this week, Jan. 20-26, as National School Choice Week. The proclamation expresses concern about performance of U.S. students in international surveys: 24th in reading; 25th in science; 40th in math. And it ascribes the cause of these disappointing statistics to the “consequences of the limitations imposed by a largely one-size-fits-all approach to education.” It makes all the sense in the world to appreciate the value of bringing the marketplace and competition to education. Free markets serve us extremely well in delivering goods and…