Tuesday, 9 July 2019

Quote by Principal Mutual Fund on Budget 2019

Mr. Rajat Jain, Chief Investment Officer, Principal Pnb AMC Mr. Rajat Jain, Chief Investment Officer, Principal Mutual Fund on Budget 2019. “The budget continues its focus on infrastructure growth in areas of water, roads, affordable housing and railways and has provided for substantial spends in this space. There is an effort on further improving ease of doing business and raising resources, esp . from the offshore markets to provide for growth. The key question facing the economy is the growth slowdown and market expectations were for specific steps that could be taken in this regard. There is a bit of disappointment here from an initial reading of the speech. The shifting of NBFC governance to RBI is welcome along with the provision of partial credit enhancement. The details of proposal to increase public shareholding to 35% would be awaited as it could lead to increased supply of paper while at the same time increasing India's weight in global indices.” The views contained herein are the independent views of the spokesperson and are not to be taken as an advice or recommendation to buy or sell any investment or interest thereto. The views and strategies described may not be suitable for all investors. It should be understood that any reference to the securities/ sectors in the document is only for illustration purpose. The information contained in this document does not constitute an offer to sell, or a solicitation of an offer to buy any security, investment product or service. Investment involves risk. Past performance is not indicative of future performance and investors may not get back the full amount invested. As an investor you are advised to conduct your own verification and consult your own financial and tax advisor before investing. Mutual Fund investments are subject to market risks, read all scheme related documents carefully Below is the quote by Ms. Bekxy Kuriakose, Head – Fixed Income, Principal Mutual Fund on impact of Budget on Debt Market & Outlook and attached is her photograph, for your reference. Do let us know if you require any additional information on this. “The newly appointed Finance Minister positively surprised the debt markets by reducing the fiscal deficit target from 3.4% as laid down in the Interim Budget to 3.3%. Gross borrowing, Net borrowing, switches and buybacks have been retained as given in the Interim Budget which is a relief. On closer look at the fine print, while the fiscal deficit at absolute level is almost the same as in Interim Budget: Rs 703760 cr (703999 cr in Interim) what has been increased is the Nominal GDP assumptions from 11.5% to 12%. This helps in therefore showing an optically lower fiscal deficit target. Among other notable items in the Budget, the GST collections have been scaled down by almost Rs 1 lakh cr which makes it more realistic considering the trend in recent collections. Income Taxes target has also been reduced by 50000 cr. Thus the Revenue Deficit is higher at 2.3% as compared to 2.2% projected in the Interim Budget. The mention of sovereign bond issuance in foreign currency as a diversification and to alleviate demand pressures domestically also aided in the rally today in gilt and bond prices. The ten yr gilt benchmark as on 2.15 pm today afternoon is trading around 6.65%, 10 bps lower than yesterday's level. With the Budget announcement out of the way and govt sticking broadly to the fiscal parameters, markets will now move on to other events. The overall environment remains benign with subdued headline and core inflation, falling global bonds yields, dovish global central banks and ample banking system liquidity.” The below links give the three main documents one can peruse among all those available. Links: Abstract of Receipts giving the breakup and targets for various receipt heads : https://www.indiabudget.gov.in/doc/rec/ar.pdf Sources of Financing the Fiscal Deficit: https://www.indiabudget.gov.in/doc/Budget_at_Glance/bag2.pdf Budget at a Glance: https://www.indiabudget.gov.in/budget2019-20(I)/ub2019-20/bag/bag1.pdf The views contained herein are the independent views of the spokesperson and are not to be taken as an advice or recommendation to buy or sell any investment or interest thereto. The views and strategies described may not be suitable for all investors. It should be understood that any reference to the securities/ sectors in the document is only for illustration purpose. The information contained in this document does not constitute an offer to sell, or a solicitation of an offer to buy any security, investment product or service. Investment involves risk. Past performance is not indicative of future performance and investors may not get back the full amount invested. As an investor you are advised to conduct your own verification and consult your own financial and tax advisor before investing. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

"Union budget of 2019 pivots on creating opportunities for our aspiring youth"- Dr Aseem Chauhan Chairman and Chancellor of Amity University

Dr. Aseem Chauhan, Chairman and Chancellor of Amity University on Budget, 2019. "This is perhaps the most awaited budget for the education sector in recent history. A number of the initiatives of the Government are appreciable. The proposed National Research Foundation should enable India to lay more emphasis on the quality and volume of research in emerging areas. We can see an increased focus on start ups and MSMEs with a number of initiatives that may trigger economic growth and employment generation. Further, we laud the Government's initiative to attract foreign students through the Study in India program. By including this initiative in Union Budget, Government has emphasized its effort to increase India's market share of global education exports. Allocation of Rs 400 crore for world-class higher education institutions in FY20 is again a welcome move to improve the quality of education infrastructure of our country. This Union budget 2019 comes bearing good news for Indian youth. Skill development in new and emerging technologies such as artificial intelligence, big data and robotics is a forward looking move by the Government. Today's budget pivots on creating opportunities for our aspiring youth and the rural economy. This will help the country in generating jobs and also in bridging the skills gap."

Thursday, 27 June 2019

Dish TV India launches Cricket World Cup Anthem to Support Team India

New Delhi, 26th June 2019: Celebrating the cricket world cup spirit, Dish TV India Limited, the world’s largest single-country DTH Company has launched a unique anthem ‘Sirf Fan Nahi, Dishkiyaon Fan’ for all the cricket fans to cheer for Team India. The anthem is a part of its ongoing contest Dishkiyaon Cup’, wherein participants can predict match winners and win exciting prizes. Capturing the emotions of cricket fans, the Dishkiyaon Fan anthem embodies the spirit of the brand tagline ‘Dish NahiDishkiyaon Hai Yeh’. In order to participate, cricket enthusiasts are invited to perform on the anthem and showcase their inner talent in various innovative ways using #DishkiyaonFan. The contestants need to upload their video entries on social media platforms such as TikTok and Instagram. The best-selected entries will win exciting prizes. Since its launch, several entries have been pouring in from across the country with fans showcasing their unique talent. Commenting on the initiative, Mr. Sukhpreet Singh, Corporate Head, Marketing, Dish TV India Ltd, said, “We are thrilled to launch our world cup anthem for all the cricket fans in the country and urge them to come forward and show their love and support for cricket and Team India. With the #DishkiyaonFan anthem, we intend to bring alive the cricket frenzy in a unique ‘Dishkiyaon’ way. We, at Dish TV, always focus on delivering innovative and engaging content to our customers and this engagement program is a step in the same direction.” The #DishkiyaonFan contest primarily runs on DishTV’s Facebook, Twitter and Instagram page. Additionally, this contest will also be amplified with the best entries being featured on Dish TV’s unique entertainment blog/destination –Dishopedia To be eligible for participation, the contestant should follow all three social pages of DishTV- @Facebook – Dish TV India Facebook @Instagram – Dishtv.India @Twitter – DishTV_India Music Anthem – https://www.facebook.com/dishtvindia/videos/443408976210246/ *************************** About Dish TV India Limited: Dish TV India Limited is India’s largest direct-to-home (DTH) Company with a subscriber base of more than 23.7 million. Dish TV India Limited owns multiple individual brands like Dish TV, Zing and d2h under its umbrella. The company benefits from multiple satellite platforms including SES-8, GSAT-15 and ST-2 and has a bandwidth capacity of 1332 MHz, the largest held by any DTH player in the country. Dish TV India Limited has on its platform more than 701 channels & services including 31 audio channels and 73 HD channels & services. The Company has a vast distribution network of over 3,750 distributors &around 415,000 dealers that span across 9,400 towns in the country. Dish TV India Limited is connected with its pan-India customer base through call-centres that are spread across 22 cities and are equipped to handle customer queries 24X7 in 12 different languages. For more information on the Company, please visit www.dishtv.in

Wednesday, 26 June 2019

'The Dhun Project'

'The Dhun Project' Link:http://bit.ly/2X3nwCH Mumbai, June 24, 2019: Sony Pictures Networks India together with India Vision Foundation celebrated World Music Day with the release of a heart-warming video of– The Dhun Project. The Dhun Project has facilitated the opening of music training centers across five large prisons in North India. The initiative uses the powerful medium of music (vocal and instrumental) toassist in rehabilitation of prison inmates, thus preparing them for reintegrating into society post their prison term. 'The Dhun Project' has now touched the lives of close to 250 inmates at five training centres in UP and Haryana prisons. Since the project's initiation in 2018with the launch of their first music training center at the Bhondsi Jail in Gurugram, Haryana, four more training centres have been set up atRothak and Ambalaprisons in Haryana, and Dasna and Kasna prisons in Uttar Pradesh. Furthermore, special trainers (vocal and instrumental) have been appointed who visit the music centres on a regular basis to train the prison inmates. The training centres are well equipped with instruments such as drum set, pad, tabla, dholak, harmonium, guitar and electric keyboards. So far, 116 inmates have been trained in vocal, 105 in instrumental and 23 inmates trained in both vocal and instrumental music. Apart from being a source of cheer and entertainment, the training equips inmates with a potential source of livelihood. Comments: Rajkumar Bidawatka, HeadCSR, Sony Pictures Networks India (SPN): “We at Sony Pictures Networks India are always striving towards building a better society. I am pleased that we are able to drive social change at prisons across North India in collaboration with India Vision Foundation. The Dhun Project is a wonderful showcase of how music can transform lives. Through our initiatives, we hope to encourage positive change and give life to our vision of Ek India Happywala.” Please find below a video link, which explains the initiative along with testimonials from all stakeholders involved towardsachieving the goal. About Sony Pictures Networks India (SPN) Sony Pictures Networks India (SPN), is a subsidiary of Sony Corporation which owns and operates the Sony Entertainment network of television channels. SPN has several channels including Sony Entertainment Television (SET and SET HD), one of India's leading Hindi general entertainment television channels; MAX, India's premium Hindi movies and special events channel; MAX 2, another Hindi movie channel showcasing great India Cinema; MAX HD, a high definition Hindi movie channel airing premium quality films; WAH, the FTA channel for Hindi movies; SAB and SAB HD the family-oriented Hindi comedy entertainment channels; PAL, a genre leader in rural Hindi speaking markets (HSM) showcasing the best of Hindi general entertainment and Hindi movies from SPN's content library; PIX and PIX HD, the English movie channels; AXN and AXN HD, the channels showcasing the best in Reality, Entertainment and Drama; Sony BBC Earth and Sony BBC Earth HD, the premium factual entertainment channels, Sony AATH, the Bangla entertainment channel; MIX a refreshing Hindi music channel; YAY!, the kids entertainment channel; sports entertainment channels – SONY SIX, SONY SIX HD, SONY ESPN, SONY ESPN HD, SONY TEN 1,  SONY TEN 1 HD, SONY TEN 2, SONY TEN 2 HD, SONY TEN 3, SONY TEN 3 HD; Sony मराठी, the Marathi general entertainment channel; SonyLIV - the digital entertainment VOD platform; SPN Productions, the networks' film production arm and StudioNEXT the independent production venture for original content and IPs for TV and Digital media. SPN reaches out to over 700 million viewers in India and is available in 167 countries. The network is recognized as an employer of choice within and outside the media industry. SPN is a recipient of several awards, including the 'Aon Best Employers India' Award in recognition of SPN's unique workplace culture and exceptional people practices, consistently ranking amongst India's Top 10 Companies with Best Health & Wellness Practices by SHRM & CGP Partners, listed by Working Mother & AVTAR as one of the 100 Best Companies for Women in India and adjudged one of India's Great Workplaces by the Great Place To Work® Institute. Sony Pictures Networks India Private Limited is in its 24th year of operations in India. It has a subsidiary, MSM-Worldwide Factual Media Private Limited and an affiliate, Bangla Entertainment Private Limited in India. For more information, log onto www.sonypicturesnetworks.com

Monday, 24 June 2019

Amway India Encourages Holistic Wellness – Mind, Body and Spirit on International Yoga Day

• Hosts yoga and wellness workshops for consumers, direct sellers and employees across multiple locations • The sessions highlighted benefits of Yoga for healthy living Jaipur,22ndJune 2019:As India and the world celebrated the 4th edition of International Yoga Day, Amway India, the country’s largest FMCG direct selling company commemorated the occasion by organising unique initiatives in multiple cities like Mumbai, Bangalore, Ahmedabad and several others across India. The leading wellness player, Amway hosted yoga and wellness workshops for its consumers, direct sellers and employeesin the region to promote holistic and healthy living. The workshops were focused on creating awareness about ways in which Yoga fortifies mind, body and spirit. With hectic and demanding lives, there has been a significant increase in stress disorders and lifestyle diseases. Simple practises like regular exercise, yoga and appropriate nutritional intake can go a long way in maintaining optimal health. The wellness workshops held by Amway India witnessed training sessions on yoga that highlighted the benefits of practising yoga and specific asanassuch as Pranayama, Bhujangasana among others. With over 400 yoga enthusiasts, the participants also pledged to spread the message of healthy living and holistic wellness among their friends and family. Mr. Gursharan Cheema, Senior Vice President – North & South, said, “Yoga is an integral part of our culture and is one of the most effective traditional means of living a healthy life. Combined with quality sleep, a healthy diet and an active lifestyle, it helps bring an element of discipline into one’s life.. We are confident that our consumers, direct sellers and employees will benefit greatly from the initiative.” About Amway India Amway India is a wholly owned subsidiary of Amway with headquarters located in Ada, Michigan, USA. Amway is the world’s #1[4] direct selling with presence in over 100 countries & territories. Globally, Amway is 60 years old, US $ 8.8 billion, manufacturer and direct seller of quality consumer goods. Amway’s innovation and industry-leading R&D has seen more than 800 patents granted and another 240 patents pending. Amway has nearly 1000 scientists across 100 research and development and quality assurance laboratories worldwide. Amway India sells more than 140 daily use products across categories like Nutrition, Beauty, Personal Care, Home Care and Consumer durables through Amway Direct Sellers who make personal recommendations regarding the use of distinctive quality products. Amway products are widely recognized and appreciated for their quality and value. These products are backed by a money back guarantee for 100% satisfaction of use[1]. With the aim of increasing consumer outreach Amway has set up more than 62 Xpress Pick & Pay stores across the country. Amway products are popular not just in India but across the world. Nutrilite is the world’s No. 1 selling vitamins and dietary supplements brand[2]. Nutrilite has established itself as a leading brand in the vitamins and dietary supplements category in India as well. Amway has signed Farhan Akhtar as the brand ambassador for the Nutrilite range in India to further promote the brand. Artistry is India’s No. 1 premium skin care brand[3]. Amway India also offers ‘Attitude’, an entry level premium skincare and cosmetics brand targeted at India youth. The product range has been developed keeping the needs of Indian consumers into consideration. Amway India is aggressively entering newer categories. Most notably, the company launched a Weight management program called ‘W.O.W.’ (Will over Weight) which has been really appreciated by the consumers in India. Amway forayed into the consumer durables segment with the launch of a premium cookware range Amway Queen and the Energy Drink and Sports

Brand Factory Opens Its 1st Fashion Discount Store in Thrissur

Thrissur : Brand Factory, India’s leading fashion discount chain, a part of Future Lifestyle Fashions, opens its first store in Thrissur. Brand Factory is based on a very unique concept of offering discounts on leading original brands all 365 days in a year. Consumers can choose from over 200 plus popular brands like Levis, Spykar, Lee Cooper, Jealous 21, Caprese, Wrong, US Polo, Adidas, Skechers, Converse and much more at a minimum 20% and maximum 70% discount any time throughout the year. Fashion enthusiasts can visit the all new Brand Factory located opposite to Ambika Arcade in Thrissur. Buzzing with discounts, the new store is designed on two levels and covers a huge plot of around 25,000 sq.ft. area.Each floor at Brand Factory is carefully created to showcase all fashion trends from clothing, footwear, bags, handbags, luggage, accessories and much more for men, women, youth and kids too. Beginning with the ground floor, this level includes stylish ethnic, western wear, footwear for women and kids, trendy formal wear for men and handbags. The second floor has men’s casual wear, fashion wear for youth, footwear, sports fashion, accessories and luggage. Speaking about the launch, Suresh Sadhwani, CEO, Brand Factory said, “After witnessing success from our stores spread across various cities, metros and towns in the country; we are delighted to introduce this concept to the people of Thrissur. This scenic city has a lot of budding fashionistas and we are delighted that they can now experience discounted shopping that too on original brands 365 days a year.” Brand Factory also provides other premium brands likeMineral, Scullers, Daniel Hechter,Arrow, Iktara, Disney, FILA,Skechers, VIP, Safari, Skybagsand much more all under one roof making it a shopper’s paradise.

Friday, 21 June 2019

Father’s Day, celebrate the most special man in your life with precious platinum jewellery! #TheHeroesWeNeedToday-

~Rare and precious, platinum jewellery is an ideal choice to express the love and gratitude their children, especially their daughters from a young age.Fathers themselves have been brought up in a world dominated by patriarchy, and thus it takes a special kind of superpower for fathers to stand up against society’s prejudices and stand with their daughters through every choice they make. A father is a daughter’s first role model and superhero. Through all of life’s challenges, a father is the pillar of support who builds his daughter’s self-esteem and encourages her to never give up on her dreams and goals. Rare are those fathers who remind their daughters through every parenting choice, that their little girls are as worthy of happiness and success as their sons. A father who believes in his daughter and allows her the freedom to decide and choose what’s best for her especially during the time of his daughter’s wedding is truly rare. This Father’s Day, cherish the most special man in your life with something as rare as his courage and strength! Gift your father a statement platinum jewellery piece to celebrate the precious bond your share with him.One of the rarest metals to exist on this planet, platinum is an ideal choice to express love and gratitude to your father who has been your guiding force through all of life’s ups and downs, special moments and milestones. Choose from an array of designs frommen’s platinum collection from Platinum jewellery for menwhich includes bold, understated, and classic designs of platinum bracelets and chains. The stunning collection is crafted keeping in mind the modern man who embodies progressive values. The designs are inspired by geometrical shapes and patterns. From classic chains to rings and bracelets, each piece is designed to the suit the sensibilities of a discerning man like your father. to celebrate the rare bond you share with your father~