The Best Speakers for Travel

When you hit the road, you want your tunes to come with you. But sometimes a pair of earphones—even noise-cancelling headphones—just isn’t enough. Whether it be serving as impromptu DJ for your friends or enhancing a presentation with a soundtrack, you need a portable speaker. Here are the best speakers for travelers that will let you pump up the volume without weighing you down. JBL Clip 3 JBL Clip 3 JBL If you’re looking for the most portable speaker out there, the JBL Clip 3 is the best option to…

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Autonomous Technology Requires Caution — And A Leap Of Faith

Historically, every wave of technological innovation — especially those that directly impact human well-being — has had detractors. With autonomous technology, we need to find a balance between caution and Luddism and learn to cherish our deepening relationship with technology. The stories of the global grounding of Boeing’s 737 Max aircraft and the latest Tesla autopilot crash controversy have sparked a wave of outrage and genuine fear about the role of autonomous technology in our lives. The tones are dire: Autonomous technology is a threat to human life. The technology isn’t ready. Society and…

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SREI Equipment Finance NCDs: Should you subscribe?

SREI Equipment Finance (a wholly owned subsidiary of Srei Infrastructure Finance) is issuing secured Non Convertible Debentures (NCDs) with interest rates (technically called coupons) up to 10.65%. The company’s overall NCD programme as covered by the shelf prospectus is to raise an amount up to Rs1,700 crore. In this tranche however, the company is seeking to raise Rs100 crore from the issue with the option to retain another Rs400 crore in case of over-subscription. Srei Equipment Finance is an NBFC (Non Banking Finance Company) engaged in the financing of equipment used…

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Ujjivan Financial files prospectus for small finance bank IPO, stock plunges 8%

Shares of Ujjivan Financial Services fell nearly 8 percent on Monday after the company filed a draft red herring prospectus with the Securities and Exchange Board of India (Sebi) to list its subsidiary Ujjivan Small Finance Bank (USFB). The stock fell as much as 7.8 percent to Rs 261.70 per share on BSE. At 9:25 am, the stock was trading 4.4 percent lower at Rs 271.7 compared with 0.63 percent (236 points) gain in BSE Sensex at 37,586. USFB plans to launch an initial public offering (IPO) at a face value…

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Ujjivan Small Finance Bank files Rs 1,200 cr IPO papers

Ujjivan Small Finance Bank is planning an initial public offering to raise Rs 1,200 crore. The company on August 16 filed a draft red herring prospectus with SEBI. “Ujjivan Small Finance Bank is proposing to undertake an initial public offering of equity shares of face value of Rs 10 each, comprising a fresh issue of equity shares by bank aggregating up to around Rs 1,200 crore,” Ujjivan Financial Services said in its BSE filing. The price band for public issue may be determined by bank in consultation with the book running lead managers…

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Opinion | Danger signals from an esoteric corner of finance

King dollar is rising. Other currencies are falling like ninepins. But to gauge the impact of this surge on Asia, you have to move beyond spot exchange rates and into an esoteric corner where tens of trillions of dollars of off-balance-sheet debt lives in the accounting footnotes of banks, investors and even central banks. That corner is currency swaps. These are deals in which parties exchange funds from one currency into another and reverse the trade, say, five years later. Every three or six months, each earns a benchmark money-market…

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Attention candidates! Ministry of Finance is hiring, apply by today

The Ministry of Finance is hiring 7 consoultant and 7 young professional Ministry of Finance recruitment: The Ministry of Finance released the official notification for the recruitment process of Young Professional and Consultant Posts on its official website. Candidates who wants to apply for the posts can apply online by today. The official website for the Ministry of Finance is finmin.nic.in. Ministry of Finance recruitment: Important dates to keep in mind Last date to apply: August 10, 2019 Ministry of Finance recruitment: Vacancy details Young Professional: 7 Posts Consultant: 7 Posts…

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How to finance your child’s sports dreams

While building a fund for your child’s sports career, the range, and depth of engagement in a particular sports line will dictate the level of expenses for it. The major expenses could involve sports trainer (technical) fees, training gear or playing equipment, gym trainer fees (including the things bought for home use such as Thera bands, foam roll, ice packs, weights and balancing ball), costs of hiring the ground or net, club membership fees, match playing fees, fees of a nutritionist, fees of a physiotherapist (to ensure that her form while…

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How To Empower Your Employees To Learn New Technology

Here’s the irony. Our new “data-driven world” has created unprecedented demand for workers with skills in collecting, processing, analyzing and understanding data. But it has also done the opposite. More than ever, businesses need people with skills at the other end of the spectrum, such as creativity, emotional intelligence, empathy, and collaboration. These were once called soft skills. Now, they’re “power skills.” This is happening because of advances in machine learning and artificial intelligence. As these new technologies take over certain types of jobs, the uniquely human skills built around our ability…

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IIFL Finance eyes Rs 1000-cr NCD sale

Non-banking lender IIFL Finance is looking to raise up to Rs 1,000 crore through a domestic bond sale this month. The issue, which comes in times of liquidity stress, has been priced at similar levels as the one in January when it had raised Rs 1,200 crore, offering a coupon up to 10.5 percent, the company said. Chief executive Sumit Bali exuded confidence that despite the elevated cost, they will be able to maintain net interest margins at 7 percent because of its focus on retail. It is looking to…

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