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Want to travel the world? First head to these 7 trending spots for the vacay of your life

Loknath Das

Seven reasons the size of a continent why you should swap your corner office for travelling to the four corners of the earth. To reduce the world to a list of top destinations is a near impossible task. But for a variety of reasons some places are favoured over others and become the flavour of the moment. Here are some of the top spots trending this year: Asia The five Stans of Central Asia  Together, the five Stans — Turkmenistan, Uzbekistan, Tajikistan, Kyrgyzstan and Kazakhstan — of Central Asia spell…

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Buy Reliance Home Finance; target of Rs 91: Cholamandalam Securities

Loknath Das

RELHF’s loan book grew by 26% YoY to INR 156.4bn (lower than CSEC’s estimate of 47%). However, the book declined by 4.5% sequentially. Growth in AUM came predominantly from Construction finance and individual loans segments which grew by 25% and 21% YoY respectively. The management expects its AUM to grow by 45% CAGR over FY19-21E. Self employed segment, being the niche area for the company, continued to constitute 75% of Home loan disbursements in 1QFY19. Adding to the de-growth in loan book, the company also saw a 30bps (QoQ) dip…

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Mahindra XUV700 SPIED inside out ahead of launch: To get Mercedes-Benz gearbox!

Loknath Das

Mahindra’s next big launch for the Indian car market this year is the XUV700 luxury SUV. The Mahindra XUV700 is a rebadged Ssangyong Rexton G4, and will sit in the Toyota Fortuner segment. The XUV700 badge is tentative and Mahindra is yet to officially name the upcoming SUV, which is expected to be launched by the end of this year. New spyshots show a range of features, interiors and exteriors of the India-spec Mahindra XUV700. As seen in the spyshots, the Mahindra XUV700 will feature luxurious interiors, probably the best-ever…

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Apple CEO Tim Cook Poised to Reap $120 Million of Stock After Rally

Loknath Das

HIGHLIGHTS Tim Cook stands to receive 280,000 shares on Friday Cook has donated 23,215 of his current Apple shares Apple has became the first US-based company to reach $1 trillion Apple’s Tim Cook is set to collect stock worth about $120 million (roughly Rs. 840 crores) this week thanks to a run-up in shares of the iPhone maker. On Friday, Cook stands to receive 280,000 shares tied to his continued service as chief executive officer. He’ll get as many as 280,000 additional shares if Apple’s stock-market return over the preceding three…

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First impressions of MG ZS SUV – Ford EcoSport’s global rival

Loknath Das

During our recent visit to the Silverstone race track for the #MGLive2018 event, we managed to get our hands on the much awaited and highly speculative (for India) MG ZS SUV. The quick drive lasted about ten minutes as we drove around the outer periphery of the racing circuit but later, I had more than ample time to spend with this compact SUV. So while there have been lot of speculation about this being the first offering from MG for India, the recent update is that we will get a…

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85% of Small Business Owners Say They’re Living the Dream

Loknath Das

“The American Dream” is a concept that can vary from person to person and seem almost impossible to really achieve. However, the vast majority of small business owners seem to feel that they’ve already reached that lofty goal. American Dream Statistics According to recent findings from Kabbage, a financial services and data platform, 85 percent of small business owners believe that being your own boss and owning a business is achieving the American Dream. In addition, 84 percent said they hope their children will also one day become small business owners. The…

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Can standardisation of exclusions in health insurance policies help customers?

Loknath Das

Different health insurance products carry different exclusions. Photo: iStock Malti Jaswal, chief operating officer, Health Insurance TPA of India Ltd Need to rationalise scope of exclusions One of the most contentious issues, which is also the reason for the highest number of grievances lodged by health insurance policyholders, pertains to “exclusions” under a health insurance contract. As more comprehensive products are being introduced, the list of exclusions by insurance companies (to avoid litigation and court awards) is also growing. Different products carry different exclusions, and the same exclusion could mean different things,…

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The lunar landscapes of India’s Great Rann of Kutch

Loknath Das

Rann of Kutch: As India’s largest salt marsh, the Rann of Kutch draws travelers from all over the world. The Great Rann is home to surreal, silvery landscapes and the Little Rann is a hub of wildlife and salt farming. We asked travelers, tour guides and residents to share their favorite experiences in the region. (CNN) — On the edge of western India, a pure white desert seems to shimmer under the blazing sun. This is the Rann of Kutch, home to India’s largest salt plain, in the Kutch district of the westernmost…

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How fintech companies are bringing the magic of the digital frontier into finance

Loknath Das

From Kashmir to Kanyakumari, and Gujarat to Assam, fintechs, the new and trendy financial companies, have become darlings of investment angels. The odds of the fabulous and trendy fintechs beating banks are narrowing by the day. The fintech threat to the banking industry is no longer a headline. It is close to an accord. China is one of the clearest examples: Tencent and Ant Financial absorbed huge chunks of the payments market which was overwhelmed with big banks and their spaghetti-like Information Technology infrastructure. But fintechs are a new league…

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Reliance Jio Oppo Monsoon offer: How to get up to 3.2TB of 4G data

Loknath Das

Reliance Jio has launched a new scheme for customers purchasing a new Oppo smartphone. Under the scheme called “JIO Oppo Monsoon Offer”, the operator is offering up to 3.2TB of Jio 4G data and benefits up to Rs 4,900. The offer is available for all the Oppo phones. Both new and old Reliance Jio customers are eligible for the scheme. Reliance Jio will give you 3GB of data per day (for 28 days) with any of the Rs 198 or Rs 299 recharge denominations. To avail the maximum data benefit,…

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