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Millennials look to revamp old family businesses

Loknath Das, , , , , ,

When Bengaluru-based Chaitanya V. Cotha, the scion of the 150-year-old C. Krishniah Chetty (CKC) Group of Jewellers, joined his family business in 2010, he identified an important market that his family hadn’t given much thought to. “For my father, business to business (B2B) wing of the business was never a focus area,” says the 31-year-old. Owning it up, Cotha got on the road for 20 days a month, meeting potential small jewellers who could sell the CKC products. Within 18 months, the CKC Group started to supply their products to…

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Investment planning: Why you need to look at recurring deposits

Loknath Das, , , , , , , , ,

Recurring deposit (RD) is a form of term deposit offered by banks and post offices through which a fixed amount can be deposited periodically by individuals. This is one of the highly popular and risk free investment opportunities for retail investors. Let us discuss below why one should invest in recurring deposits and factors to be considered while opening the same. Advantages All major banks across the country offer an option to open a recurring deposit account, with the term typically ranging between six months and 10 years, providing individuals…

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Want to invest in ‘value’ stocks like Buffett? Look at these funds

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

Value investing is a strategy to spot stocks trading below their intrinsic values. The domestic equity market is going through a rough patch this year amid subdued macroeconomic triggers. Rising crude oil prices, slower-than-expected earnings growth, trade war concerns and a falling rupee have dragged midcaps and smallcaps down by up to 15 per cent so far in 2018. Voices are still echoing in the market that the risk-reward ratio in second-rung stocks is still not in favour of investors despite the recent correction. New investors who have entered the market in…

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This weekend, look back on Burman

Loknath Das, , , , ,

For the next few weeks, the walls of the National Gallery of Modern Art will be filled with the works that are best described as dreamlike. Sakti Burman, now 84, gets a long overdue retrospective titled In the Presence of Another Sky – a show that surveys his output across nearly six decades.“The viewer who does not already know Sakti Burman’s work can look forward to being immersed in the magical universe of an artist who is by turns an enchanter, a mythologist, a storyteller, an archaeologist of memory, and…

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Amazon Great Indian Sale From May 11 to May 14: Great Offers to Look Forward to

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

The Amazon Great Indian Sale will return on May 11 and continue till May 14 as the company as the battle for the supremacy in the Indian e-commerce industry continues. Arch rival Flipkart will start its own sale on May 14, the last day of the Amazon sale, meaning back to back discounts for consumers across the two platforms. In the Amazon sale, users can expect up to 50 percent discounts on smartphones, accessories, and other electronics, along with cashbacks on Citi cards. Amazon sale offers Smartphone brands like Samsung…

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Amazon Echo Look Is a Voice-Controlled Camera That Tells You What to Wear

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

  Amazon.com Inc wants to help you choose what to wear. The technology and retailing behemoth on Wednesday unveiled a voice-controlled camera, the Echo Look, and an app that recommends which of two outfits is best, using fashion specialists’ advice and algorithms that check for the latest trends. The new product underscores Amazon’s ambitions to be a top player in fashion and voice-powered computing. Amazon is working to make its voice assistant Alexa, which competes with Apple Inc’s Siri, an indispensable feature of people’s lives: from playing music to helping…

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