editor - The Purbottar

19 Nov

UTI Value Opportunities Fund

editor0 CommentsBusinessUTI

UTI Value Opportunities Fund is a fund that looks for opportunities which is expressed in terms of relative intrinsic value of a given stock, which means following ‘Value’ style of investment and across the market capitalization spectrum. Here ‘Value’ is buying things for less than their intrinsic value. Intrinsic value is simply the current value of the cash flows that the company generates for its shareholders over a period of time. Undervalued businesses can be found at two ends of the spectrum. At one end, the market may under appreciate the sustainability of competitive advantages and/or the length of the growth runway…

19 Nov

HyperXchange, announces its expansion in Assam

editor0 CommentsBusiness

hyperXchange, has announced its expansion in the north-eastern state of Assam and Barsha Rani Bishaya, an Indian actress who works in Assamese cinema, will be joining the hyperXchange team in the ribbon cutting ceremony. Strategically located in Guwahati, the online-2-offline marketplace is designed to bring affordable, easily available, and equally reliable electronic products to the local population. HyperXchangesale comes with 12-months doorstep warranty, 9-months assured buyback and 7-days worry-free return at affordable prices. Satanik Roy, Co-Founder & CPO of hyperXchange, said, “hyperXchangeentered the offline market in 2016 and have been running multiple stores across the nation on franchise ownership. Our…

19 Nov

Govt. to award India’s cleanest cities

editor0 CommentsIndiaPresident Ram Nath Kovind, Swachh Survekshan

President Ram Nath Kovind will honour the awardees of Swachh Survekshan (SS) 2021 at the ‘Swachh Amrit Mahotsav’ organised by the Ministry of Housing & Urban Affairs (MoHUA) at Vigyan Bhawan. In line with Prime Minister Narendra Modi’s vision of a Garbage Free India under Swachh Bharat Mission-Urban 2.0, the ceremony will also award cities certified under the Star Rating Protocol for Garbage Free Cities. The ‘Mahotsav’ will also pay tribute to the sanitation workers by recognising top-performing cities under the Safaimitra Suraksha Challenge earlier initiated by the Ministry. This is a major landmark since the launch of Swachh Bharat…

19 Nov

PM Modi’s Gurpurab gift for farmers

editor0 CommentsIndiafarmer, Prime Minister Narendra Modi

Prime Minister Narendra Modi, in a masterstroke, has today announced the government’s decision to repeal all three farm laws that had stirred countrywide farmer protests. The PM’s decision comes as a gift to farmers on the occasion of Guru Purab (Guru Nanak’s birthday) and has successfully drawn a positive response from farmers, especially from the state of Punjab and Haryana. In his address to the nation, Prime Minister Modi said there might have been some lacking in the government’s efforts that it could not convince the farmers how beneficial are the three farm laws but today is ‘Prakash Parv’ and…

18 Nov

The ŠKODA SLAVIA: Second ŠKODA model in the INDIA 2.0 project makes its debut

editor0 CommentsBusiness

The introduction of the SLAVIA marks the start of ŠKODA AUTO’s next stage in the INDIA 2.0 project. Following the successful launch of the midsize SUVKUSHAQ, the brand-new sedan is the Czech carmaker’s second India-specific model. The SLAVIA’s manufacturing process has a localization level of up to 95%. As the sedan is based on the MQB-A0-IN platform – an MQB variant specially adapted by ŠKODA AUTO for India – it offers a comprehensive range of safety features and advanced infotainment systems. The power output of the TSI engines available for the SLAVIA is 85 kW (115 PS)* and 110 kW…

18 Nov

Banks need to support wealth, job creators; can give great push to economy, says PM Modi

editor0 CommentsBusinessPM Modi

Addressing bankers at the symposium to ‘Build Synergy for Seamless Credit Flow and Economic Growth', Modi said banks have to now adopt a partnership model to help businesses thrive and move away from the idea of being a loan "approver" to a loan "applicant". Modi was addressing the concluding session of the conference on 'Creating Synergies for Seamless Credit Flow and Economic Growth'. “The reforms initiated by the government in the banking sector in the last six-seven years, supported the banking sector in every way, due to which the sector is in a very strong position today. The financial health…

18 Nov

PM Modi Says Purvanchal Expressway “Uniting UP”, Slams Earlier Governments

editor0 CommentsPoliticalPM Modi

In a sharp attack on opposition parties ahead of the upcoming Uttar Pradesh elections, Prime Minister Narendra Modi said on Tuesday that those who were unable to provide even basic facilities to the people during their time in power were now unable to digest the performance of the Yogi Adityanath government. Speaking at the inauguration of the 340-kilometer Purvanchal Expressway in eastern Uttar Pradesh, PM Modi targeted rival Samajwadi Party and the Congress and said that for a long time dynasts were in power in both Lucknow and New Delhi. “When I laid the foundation stone of Purvanchal Expressway three…

18 Nov

Young Dolph-The Rapper killed in Memphis shooting

editor0 CommentsEntertainmentYoung Dolph

Rapper Young Dolph, popularly known for his 2020 album 'Rich Slave', died in a shooting in Memphis aged 36. "All of us at APA are shocked and deeply saddened by the sudden and tragic loss of our dear friend and client, Young Dolph," an APA representative said. "The world has lost an icon, a great man and beloved artist who has been taken too soon. His dedication, drive, hard work and loyalty to all those around him always came first and he will be deeply missed. Our thoughts and prayers go out to his family at this most difficult time."…

18 Nov

Matthew Wade plans to retire

editor0 CommentsSportsMatthew Wade

Australia wicketkeeper batter Matthew Wade said on Thursday that he may "walk into the sunset" after the T20 World Cup Down Under next year. He had blazed his way to an unbeaten 17-ball 41 effort to play an important role in Australia's dramatic five-wicket victory against Pakistan in the semifinal of the recently concluded T20 World Cup. However, he missed out on a Test spot to Alex Carey for the Ashes and now his goal is defending the T20 World Cup title at home. "That'll be my next motivation - hopefully get to that World Cup, defend the title and then I can sail…

17 Nov

India’s Chandrayaan-2 avoids collision with NASA’s moon orbiter

editor0 CommentsIndiaChandrayaan-2, NASA

For the first time in its space exploration mission, a measure was carried out recently to avoid the collision between Chandrayaan-2 Orbiter and US' Lunar Reconnaissance Orbiter (LRO), Indian Space Research Organisation (ISRO) said. Chandrayaan-2 Orbiter and National Aeronautics and Space Administration's (NASA) LRA were predicted to come very close to each other on October 20, 2021, near the Lunar North pole. Calculations by ISRO and NASA's JPL showed that the radial separation between the two spacecraft would be less than 100 m and the closest approach distance would be only about three km on October 20, 2021, at 11.15…