Author Archives: Loknath

Mahindra Finance looks to raise $460 million from offshore markets

Mahindra and Mahindra Financial Services, the non-bank arm of the Mahindra group, is looking to tap the overseas markets to raise at least $460 million through a mix of loans and bonds. The company had raised $200 million in FY19 through the external ECB route, and is in the process of raising another $160 million in overseas loans, said Ramesh ... Read More »

Budget 2019: Halwa ceremony held at finance ministry, printing of budget documents starts

Union Finance Minister Nirmala Sitharaman serving halwa to her colleague Anurag Thakur. (Photo: Twitter/Finance Ministry) Preparations for the Union Budget 2019-20 are on full swing with the Union finance ministry organising the traditional ‘halwa ceremony’ today. Every year a halwa ceremony is organised at the finance ministry to mark the beginning of printing of documents related to the Union budget. ... Read More »

Art, gadgets and The Godfather: Up, close and personal with Naveen Tewari, Co-Founder and CEO, InMobi

YSWeekender caught up with Naveen Tewari, Co-Founder and CEO of India’s first homegrown startup unicorn, InMobi – a global technology company that provides enterprise platforms for marketers. We found out what his number one secret to productivity is, checked out the art that adorns the walls in his home and also discovered his love for gadgets. Walking into his den, Naveen says “predicting ... Read More »

M&M Finance to announce strategic tie-up for asset management arm

Mahindra & Mahindra Financial Services will rope in a strategic partner for its asset management arm-Mahindra Asset Management, sources told Moneycontrol. The company is expected to make the announcement at a press conference in Mumbai on June 21. “The strategic partner is an Indonesian player,” an industry source said without divulging details. As on March 2019, the assets under management (AUM) of Mahindra Mutual ... Read More »

It’s June, But Tickets For Christmas At Kew’s Twinkling Light Trail Are On Sale Now

Tickets for Christmas at Kew 2019 are now on sale… and are likely to sell out fast. You may still be planning your summer holiday, but the elves at Kew Gardens are already thinking about the festive season. The Christmas at Kew lights trail is one of our favourite annual events in London, offering an enchanting walk through the botanical ... Read More »

Piramal Enterprises divests its stake in Shriram Transport Finance

Piramal Enterprises (PEL) announced the sale of its investment of 9.96% in the fully paid-up share capital of Shriram Transport Finance Company Limited (STFCL). Piramal has a long-standing track record of shareholder value creation and has consistently leveraged the right opportunities at the appropriate time to deliver an annualized shareholder return of approx. 28% over the last 31 years. Earlier this year in ... Read More »

This canine Christmas is joyful in any season

It’s nearly summer and though June’s not the usual time for thinking of Christmas, we have some for you. It comes in the shape of a golden retriever mix who’s friendly, gentle, healthy and a perfect compact size at only 19 kilograms. And, he’s brimming with that excited tingly feeling you may remember from Christmas morning. He’s 5 years old ... Read More »

Sex education: Llanelli MP says no child should be excluded

There is a “strong case” for scrapping parents’ right to remove children from sex and relationships education, according to a Welsh Labour MP. Llanelli MP Nia Griffith told BBC Wales she did not “want to see any child excluded from those lessons”. The Welsh Government is considering whether to make the lessons compulsory. A consultation on the issue has concluded ... Read More »

ThinkGeek 50% off sale: 15 best toys, gadgets, and other tech deals

ThinkGeek recently announced it will shut down its site on July 2 and move its business to parent company GameStop, though its 40 physical stores will remain open. To kick off the move, ThinkGeek is offering a 50% off site-wide sale — as long as you apply the promo code MOVINGDAY at checkout. See it now: ThinkGeek Moving Day sale ThinkGeek said all sales are ... Read More »

Policy | Is the State literate about education in India?

The 100-day action planenunciated by the MHRD in the realm of education after the results of the general elections is a welcome sign. However, with the release of the Draft National Education Policy 2019, the State seems to have shot itself in the foot as regards the three-language formula wherein learning of Hindi in non-Hindi speaking regions (read the southern states) ... Read More »