In Archives - Page 5 of 116

Nippon India Mutual Fund marks down its investment in Yes Bank to zero

March 7, 2020March 7, 2020 Loknath DasBank, Down, Fund, In, India, investment, Its, Marks, Mutual, Nippon, to, yes

NEW DELHI : Nippon India Mutual Fund on Friday said it has marked down the value of its investments to zero in bonds issued by troubled private sector lender Yes Bank. In addition, the fund house has imposed a limit of ₹2 lakh on fresh inflows into the impacted schemes till further notice, Nippon India MF said in a statement. This limit is imposed only on the new applications, switch-ins, systematic transfer plans and systematic investment plans received after March 5, it said. The announcement came hours after Yes Bank was placed under a…

Panic in Kashmir as case filed against social media users

February 19, 2020February 19, 2020 Loknath DasAgainst, As, Case, filed, In, Kashmir, Media, Panic, Social

Srinagar, Indian-administered Kashmir – Authorities in Indian-administered Kashmir have filed a police case against social media users under “anti-terror” laws for defying a social media ban using proxy servers. The move has triggered panic among the people of Kashmir, which has been under a security and communication lockdown since August 5, when the Muslim-majority region was stripped of its limited autonomy. A first information report (FIR or police complaint) has been filed against unnamed users under the Unlawful Activities Prevention Act (UAPA). A person booked under the UAPA can be jailed for…

Police Register FIR Against Social Media Users In Jammu And Kashmir

February 18, 2020February 18, 2020 Loknath DasAgainst, and, FIR, In, Jammu, Media, Police, Register, Social, Users;

As the Jammu and Kashmir administration struggles to prevent the people from using social media sites despite the ban, the police have registered a case against various people for defying the government orders. The Jammu and Kashmir Police on Monday registered a case against various people who have been using virtual private networks (VPN )apps to bypass the ban on social media sites. The union territory’s administration on January 14 had issued an order banning all social media sites to curb their misuse by miscreants for propagating false information and…

Pete Buttigieg sees surge in support from business execs after his strong showing in Iowa

February 11, 2020February 11, 2020 Loknath DasAfter, business, Buttigieg, Execs, From, His, In, Pete, Sees, Showing, Strong, Support, surge

Democratic presidential contender Pete Buttigieg is seeing increased support from business leaders as he jumps in the polls following a successful showing in the Iowa caucuses. Dozens of executives who have largely remained on the sidelines during the 2020 election cycle have shown increased interest in Buttigieg’s presidential campaign over the past week, according to people with direct knowledge of the matter who declined to be named because these conversations were deemed private. The increased interest in Buttigieg comes as he tries to position himself as the best option among…

Digital media to garner 65% of ad investment in India this year: GroupM

February 10, 2020February 10, 2020 Loknath Das65%, Ad, Digital, garner, In, India, investment, Media, of, This, to, Year

Print still relevant to advertisers wanting to build credible brands Advertising investment in India is set to soar to ₹91,641 crore this year, representing an estimated growth of 10.7 per cent for 2020, according to GroupM, the media investment group of WPP, in its advertising expenditure (adex) forecasts for 2020. Even with an overall slowdown in the global economy, Indian media spends are expected to be between low to moderate in H1, with robust growth anticipated in H2 2020. India is the eight-largest market globally and is the largest contributor to…

The State of Sustainable Investing in 2020

February 8, 2020February 8, 2020 Loknath DasIn, Investing, of, State, Sustainable, The

During the past decade, governments across the world have promulgated more than 500 new measures that seek to promote the use of environmental, social, and governance (ESG) criteria in making investment decisions. A comprehensive report from global public accounting and consulting firm KPMG International explores these three broad issues related to sustainable investing and its impact on the alternative investment industry: the rate of progress in implementing sustainable investing, the barriers to more rapid progress, and responses to these barriers.1 Study Participants The KPMG report was produced in collaboration with CREATE-Research, “an independent research…