Business

Ajay-Devgn-Really-Lose-His-Cool-During-A-Mahindra-Commercial

Did Ajay Devgn Really Lose His Cool During A Mahindra Commercial?

The latest commercial of Mahindra Truck And Bus shows Ajay Devgn losing his cool with repeated changes in the script. The video shows the star asking why the script is changed again and again and showing his exasperation on getting a creepy reply.

See The Video

Ajay Devgn is ready for the shoot, but the script has changed. He asks why the script is being changed and someone answers that it has been changed only four times. The actor shows his exasperation. The video ends with a caption – keep watching, meaning that is more to come in the video.

Anand Mahindra’s Reaction On The Video

Chairman of Mahindra Group, Anand Mahindra, took to Twitter to give his reaction to the video.

“I better leave town before he comes after me in one our trucks…” said Anand Mahindra.

And his reaction started a series of tweets and comments from his followers. It is to be noted that Anand Mahindra uses his Twitter handle to give his views on different matters and he has a large followership on the microblogging platform.

Ajay Devgn Really Lose His Cool During A Mahindra Commercial

After Anand Mahindra’s tweet went viral, one of his followers warned him that the actor could come on two trucks. The follower was alluding to the actor’s stunt for his film Phool Aur Kaante.

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Bill-And-Melinda-Gates’-Great-Deal-Of-Thought-Of-Divorce

Bill And Melinda Gates’ Great Deal Of Thought Of Divorce

Bill and Melinda Gates are singles now. They are ending their 27 years of marriage after a great deal of thought. But it would be an amicable divorce as both will work together on the philanthropic projects they have started.

What was that great deal of thought?

The two met in New York in 1980 when Melinda was a manager in Microsoft. Their relationship flourished and they decided to tie the knot in a private ceremony in Hawaii. They raised three incredible children and built a foundation that works all over the world.

Melinda said during a Salesforce event in 2016 that they fell in love with everything they saw that didn’t mean that they fell in love with people. She went on disclosing her personal life by saying that they were asking questions to themselves.

The couple filled a marriage questionnaire later in the trip. Based on their answers, they decided that their resources from Microsoft should go back to society. She said that that was an easy discussion and they thought that would be later in their lives when they got to do that.

How would the couple separate?

Monica Mazzei, a divorce attorney, and a partner at Sideman & Bancroft LLP in San Francisco is looking after their divorce proceedings. She said the biggest concern was the couple’s foundation and family office. It is to be decided as to what extent they want to work together and move forward.

How would the couple work together?

Bill and Melinda Gates would remain co-chairs and trustees of the Bill & Melinda Gates Foundation. They would continue to work together as no changes in their roles were … Read the rest

RBI-Monetary-Policy

Four Important Points Of RBI Monetary Policy

Reserve Bank of India (RBI) governor Shaktikanta Das will release the first by-monthly monetary policy statement of fiscal 2022 in a press conference on Wednesday. The statement was prepared by the six-member Monetary Policy Committee (MPC), or the rate-setting panel, headed by Das after three-day marathon meeting could shed light on the following points.

Rate Action & Commentary

A change in policy rates is unlikely to happen but a hike is expected at the end of the current fiscal or the next. Most bankers and economists also want the RBI to support the recovery that has just begun by maintaining the present rates.

Economic Growth

The MPC is unlikely to revise down its FY22 forecast of 105% amid localized lockdowns due to fresh wave of pandemic. But RBI could revise its Q1FY22 forecast of 26.2%. Lead indicators also point to mid sequential moderation in RBI policies.

Inflation

Rising input costs, commodity prices, and sticky core inflation could press RBI to revise its inflation forecast for the Q2FY22. The central bank projected inflation at 5.2-5% in Q1FY22 and 4.3% in the second half in its February policy. According to Madhavi Arora, economist, Emkay Global, there could be little tinkering with inflation forecasts.

Liquidity

While the experts are divided into liquid normalization process of RBI, but there are strong chances that the central bank could start liquidity normalization in the second half of the fiscal. But Sonal Varma and Aurodeep Nandi, economists, Nomura believe that RBI could start the process in mid-2021.

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hop-shoots

A Bihari Farmer Selling His Crop ₹1 Lakh/KG

If you are of the opinion that farming isn’t a profitable business then this news from Bihar could be an eye-opener for you. A farmer in Bihar cultivated a specific kind of vegetable that sells ₹1 lakh/kg. It is the costliest crop in the world and a humble Indian farmer from a poor state has proved that it could be a game-changer for the farming community.

What is that crop?

It is Hops and popularly known as seed cones or strobiles. Member of the Cannabaceae family of flowering plants, it is considered the costliest crop because of its uses and health benefits. Would you believe that no part of this plant goes to waste? Everything from fruit, flower to the stem has multiple uses in food and medicines.

What are the uses of Hops flower?

It is used by the beer industry for making alcoholic beverages. Hops flower works as a stability agent in beer making. Also, it is considered a potential remedy for Tuberculosis. Hops plant is rich in antioxidants hence good for your skin. It is also known to bring relief in mental conditions like anxiety, depression, and insomnia.

Who cultivated Hops in Bihar?

Amresh Singh (38), a farmer from Karamnidh Village of Aurangabad district of Bihar, cultivated this risky crop in his field. He bought the seeds of this plant from the Indian Vegetable Research Institute at Varanasi and became the first farmer to cultivate this crop in India. Presently Hops is a rare vegetable in Indian markets.

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Interest-rates-Nirmala-Sitharaman

Why Is The Central Government Relying On Small Investments For Funding?

The central government first announced a steep cut on the interest rates on small savings on the last day of the financial year 2020-21 and then reversed the order today morning citing “orders issued by oversight” as the reason.

What were the interest rate cuts introduced?

The Finance Minister took the entire world by surprise by announcing a reversal of the order of cutting interest rates to schemes including National Savings Certificates (NSC) and Public Provident Fund (PPF) that would have hurt the middle and the lower-middle class hardest had the government allowed their implementation.

The government announced a cut of up to 1.1% in interest rates in the first quarter of 2021-22. It would mean reduction of PPF interest from 7.1% to 6.4%; of NSC from 6.8% to 5.9%; of 5-year Senior Citizens Savings Scheme paid quarterly by 0.9%; of Sukanya Samriddhi Yojna from 7.6% to 6.9% and of Kisan Vikas Patra (KVP) by 0.7%.

According to experts, the government is reducing interest on small savings to finance its deficit that has widened due to severe lockdown restrictions and increased borrowings. But it has to withdraw the earlier order fearing strict backlash from the public.

Why was the order of interest rate cut withdrawn?

The rollback was … Read the rest

Alaskan-Helicopter-Crash

Alaskan Helicopter Crash Brings The Debate On Heli-Skiing Back To Fore

A backcountry heli-skiing trip in an Airbus AS350 B3 helicopter cost one of Europe’s richest residents his life as the chopper met an accident on Saturday. He was Petr Kellner, 56, who was the Czech Republic’s richest person. Last year, Forbes listed him among the 70 richest people in the world.

How many were killed in the helicopter crash?

Those killed include Petr Kellner (56); Benjamin Larochaix (50) a Czech Republic citizen; heli-skiing guides Greg Harms (52), and Sean McManamy (38); and the helicopter pilot Zachary Russell (33).

The bodies of those killed have been recovered in a rescue effort. A sixth person was also found with the bodies. He was taken to the Anchorage area where he was being treated for his injuries. His condition was said to be stable.

Where did it happen and what were the causes of the accident?

National Transportation Board member Tom Chapman said that it happened in the Alaskan wilderness at around 6:30 pm local time when the helicopter was due back but was reported overdue by 8:30 pm. Soon a search effort was launched only to find the wreckage of the chopper near Palmer, Alaska that lies 45 miles of Anchorage.

Who was the chopper carrying?

All the passengers in the chopper were heli-skiing enthusiasts of Tordrillo Mountain Lodge that has hired the helicopter for heli-skiing that involves touching the untouched patches of powdery snow. It is a pricey sport for skiing enthusiasts but some European countries have banned it for environmental reasons.

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Indian-American-couple-donate

₹ 1 Crore Donated For Healthcare In Bihar And Jharkhand

Bihar Jharkhand Association of North America (BJANA) received a generous donation of over ₹ 1 crore for healthcare works for the needy, underprivileged and deprived community of Bihar and Jharkhand states.

Who is that Indian-American couple?

The couple is Ramesh and Kalpana Bhatia and they have Ramesh and Kalpana Bhatia Family Foundation for philanthropic work. Kalpana Bhatia runs a successful business in Texas, America. She came from NIT Patna. They used their foundation to donate the money to BJANA that will invest the money for healthcare development in Bihar and Jharkhand in two stages through Pravasi Alumni Nisshulk (PRAN) initiative.

What is Pravasi Alumni Nisshulk (PRAN)?

PRAN is an initiative by a group of Indian-American physicians determined to make healthcare services accessible to all underprivileged communities of Bihar and Jharkhand. PRAN-BJANA clinic initiative is the name given to the healthcare project that would start in the two states.

The first PRAN clinic has already been set in Ranchi and healthcare services started for the needy across the state. The doctors at the clinic are trying their best to provide quality healthcare to the underprivileged community.

BJANA president Avinash Gupta said that the generous donation from Ramesh and Kalpana Bhatia has made that possible. He also said that BJANA getting a large donation was a testament to its ongoing philanthropic activities both in India and America.

Alok Kumar, former FIA president said that that kind of donation would help BJANA carry out their healthcare works in Bihar and Jharkhand.

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Bharat-Bandh-From-6-AM-To-6-PM

Farmer Body Calls For Bharat Bandh From 6 AM To 6 PM On March 26, Finds Support In Andhra Pradesh

Call for Bharat Bandh by farmer unions on 26th March from 6 am to 6 pm got the support of YSR Congress Party (YSRCP) in Andhra Pradesh. The Samyukta Kisan Morcha (SKM), a front of protesting farmers, has called for a nationwide strike when their protest completes four months.

What will be closed during Bharat Bandh on 26th March?

According to a report, the SKM has called for a complete nationwide strike on 26th March and appealed to the nation to make this strike a success. They said that rail and road transport, markets and public places will remain closed from 6 am to 6 pm. A farmer leader Darshan Pal said that they appealed to the people of the country to make that Bharat Bandh a success and honor their Annadata”.

Why is Andhra Pradesh supporting the strike?

YSR Congress Party (YSRCP), the ruling party in Andhra Pradesh, has expressed its solidarity with the protesting farmers. On March 26, YSRCP is also observing a strike to protest against privatization of the Visakhapatnam Steel Plant (VSP) by the center.

Andhra Pradesh I&PR Minister Perni Venkatramaiah said that the State government was against the privatization of the steel plant and that Chief Minister YS Jagan Mohan Reddy had suggested alternatives to retain the organization.

What are farmer unions planning to do on Holi?

Holi festival is around the corner, and the SKM has planned to burn copies of the controversial farm laws on March 28 on the eve of Holi.

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Tatas-Are-Buying-From-BigBasket

What Tatas are Buying From BigBasket?

Tata Sons Pvt. Ltd is going to invest in BigBasket, the largest online grocery store of India, in a deal valued over $1 billion. Tata Sons Pvt. Ltd. has already filed the deal to Competition Commission of India (CCI) for approval.

What is the deal between Tata and BigBasket?

The deal is between Tata Digital Ltd, digital services subsidiary of Tata Sons, and Supermarket Grocery Supplies Pvt. Ltd (SGS). Tata has revealed its interest in buying 64.3% stake in SGS that deals with the commercial service branch through business.bigbasket.com. The deal will allow SGS to manage Innovative Retail Concepts Pvt. Ltd (IRC) that controls the retail side of the business through bigbasket.com.

Together SGS and Innovative Retail Concepts Pvt. Ltd deal in household items, personal and beauty care products, food, and grocery items through the BigBasket app.

What is the size of the deal?

According to inside sources, Tata is investing around $1 billion for buying 64.3% stake but they can infuse more capital to increase their stake within one year. Tata is interested in increasing its holding up to 80% or even bigger.

What is filing in CCI?

Tata will buy the said stake in SGS through a combination of primary and secondary acquisitions in a series of steps. In the second step, SGS will acquire total control of Innovative Retail. Tata will get a majority stake of and control over SGS through this transaction. But the larger non-promoter investors will be dropped from this deal.

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RIL Is The Top Share

RIL Is The Top Share Today

A handful of stocks to watch on Thursday. Investors can consider the offer of buying 0.82 million standard cubic meters per day of gas by Reliance Industries Ltd. Produced at Sohagpur coal-bed methane block (west) in Madhya Pradesh, the gas is available at a minimum $6 cost at the present price of oil.

Look for more stock options

stock market

Indiabulls Real Estate: The merger of NAM Estates Pvt Ltd and Embassy One Commercial Property Developments Pvt Ltd into Indiabulls Real Estate Ltd (IBREL) has been approved by the Competition Commission of India (CCI).

Prime Focus: Unhappy over the price of open offer by Prime Focus promoters, its shareholders that include Reliance Media Works Financial Services have moved the Securities Appellate Tribunal (SAT) to solve the dispute.

Affle India: Affle Holdings Pte Ltd sold 3 lakh shares worth over ₹161 crore under an open market transaction.

Affle India stock

Nureca: The company is making its debut after getting a huge response on Wednesday. Nureca Limited was subscribed 39.93 times on the last day of subscription.

lndo Rama Synthetics (India) Ltd: The company directors are mulling over an expansion plan of ₹640 crore in the company and its wholly owned unit lndorama Yarns Pvt. Ltd. The plan is to add value by adding balancing equipment. Also, it wants to diversify business into either pet chips or specialty yarns.

Artefact Projects Ltd: The company allotted 2,00,000 equity shares of Rs10/- each to non-promoters at a price of ₹32/- per share. It includes a premium of ₹22 for each share.

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