Author: Loknath Das

Bollywood diva Anushka Sharma has become the talk of town after fans started noticing a striking resemblance between her and famed American singer Julia Michaels. The 25-year-old popstar had recently turned to Instagram to post a picture of herself but soon had her post flooded with comments from social media users around the world who couldn’t help but notice how the singer comes off as the spitting blonde image of B-Town’s own desi girl Anushka. Soon after, the two stars seven seas apart from each other became a trending topic on social media with netizens sharing hilarious memes of the…

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SALT LAKE CITY (AP) – Once James Harden figures out the best way to take over a game, there isn’t much other NBA teams can do to stop him. Harden attacked on both ends of the court and quickly filled up the stat sheet to power the Houston Rockets to a 125-98 victory over the Utah Jazz on Saturday night. Harden had 43 points for his 26th straight game with at least 30 points. The 30-point streak is the third-longest in NBA history, trailing only Wilt Chamberlain’s runs of 65 and 31 games. “It was a must win for us…

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A group of representatives from Santander Bank, which won several awards, including Best Trade Finance Provider for Latin America. The leading trade finance banks are on the verge of transforming their industry from a paper-based system to a more efficient and transparent digitized model. This could help bankers amass the necessary resources to bridge the trade finance gap in emerging markets and, armed with transaction data, customize their trade offerings to better meet each customer’s individual needs. “Data-led processing and technology will drive efficiencies and put more credit on the table,” says Samuel Mathew, managing director and global head of…

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Dolat Capital’s research report on Cholamandalam Investment and Finance In our visit note dated 24th Dec 2018, we were confident of a strong performance, even in the crisis. It reported an even better performance. Disbursements grew 13% YoY with vehicles growing 11% YoY, and LAP 18% YoY. A 34% YoY growth in vehicles and a 14% growth in LAP aided a 32% YoY growth in AUM. The negative carry on upfront lines drawn (` 5000 mn) let NIMs down, but we are not perturbed. We have factored a 20% growth in AUM, dragged by weaker demand sentiment in its largest contributing…

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While market challenges proved as a dampener on disbursals (used de-grew 18% YoY) and core AUMs reported mere 12% YoY, SHTF maintained decent earnings performance with PAT growing 17% YoY at Rs 6.4bn (PLe: Rs 6.1bn). Beat on numbers were largely driven by NII putting up healthy 15% YoY growth translating into healthy 17%+ YoY growth in PPoP indicating core metrics remaining strong for SHTF. While NIMs at 7.4% were maintained, funding costs pressures have been rightly compensated by rebound in asset quality w.r.t. absolute GNPAs declining (1.4% YoY) and credit costs reducing YoY and QoQ (22bps). While Management stands…

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With the budget for the financial year 2019-2020 round the corner, leading tech companies are hopeful of a strong focus on emerging technologies such as analytics, hybrid cloud, IoT, mobility, smart city initiatives, while creating business opportunities across the spectrum. While last year was a turbulent year with GST implementation, they still believe that there is a lot to achieve in the field. We got in touch with industry stalwarts to see their expectations from the budget for this year. “Technology is disrupting every sector, be it retail, cement, e-commerce or media. Big Data is the oil that is fuelling advanced analytics…

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His fans are delighted that he is back. Liverpool star player Mo Salah sparked conspiracy theories when he deleted his social media accounts. Few of his fans began wondering if he had issues with the Egyptian FA, while his loyal fans concluded that he was focusing on ensuring the Liverpool wins the Premier League. Looks like it was all part of an advertising campaign. DHL Express Egypt posted on Instagram, Twitter and Facebook this week saying,  “We’ve reached Mo Salah and we can connect you to him”. DHL Express Egypt@DHLExpressEgypt Time to get in touch, for real. This film features…

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Social media giants have been told by the Health Secretary to purge their sites of self-harm and suicide material, or face legislation. Matt Hancock, Secretary of State for Health and Social Care, has this weekend written to social media bosses warning them that action is “urgently” needed to ensure they do not breach the policies of internet providers. In the letter, Mr Hancock expresses his growing concern over harmful content online, and states it is “appalling” how easy it is to access content that “leads to self harm and promotes suicide”. The letter, sent to corporate leaders at Facebook, Instagram, Twitter, Snapchat, Pinterest,…

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MURRAY — Attract diverse teachers to Kentucky: That’s what Kentucky Education Commissioner Wayne Lewis hopes a new loan forgiveness program will do. It’s called the Kentucky Academy and Equity and Teaching. The program will allow certain students to apply for state money that they will not have to pay back if they teach in Kentucky. Bailey Ramage is an education student at Murray State University. She plans on working in early education after she graduates, but she worries about paying back her student loans. “Taking out loans is hard, and having to pay them back while starting out to be…

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The Competition and Markets Authority (CMA) has secured formal commitments from 16 celebrities to ensure they will now say clearly if they have been paid or received any gifts or loans of products which they endorse. The influential celebrities, with large online followings, who have acted in response to the CMA’s concerns, include singers Ellie Goulding and Rita Ora, models Alexa Chung and Rosie Huntington-Whiteley, former Coronation Street and Our Girl actress Michelle Keegan and TV reality stars Millie Mackintosh and Megan McKenna. Online endorsements from celebrities and influencers can help brands boost sales, as millions of fans follow their…

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