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- #10: The Remains of the Day (FF Classics)
- #6: Music Card: Hamaare Rafi Sahab (320 Kbps MP3 Audio)
- #7: Music Card: Greatest Hits – Arijit Singh (320 Kbps Mp3 Audio) (4 GB)
- 2017 Nobel Peace Prize goes to International Campaign to Abolish Nuclear Weapons
- Banwarilal Purohit sworn in as Tamil Nadu Governor
- GST may get a tweak today: 9 pain points that could see relief
- JLR sales up 6.6% at 65,097 units in September
- NCLT to hear Ericsson’s RCom insolvency petition on November 8
- AI to create 2.3million jobs in 2020: Gartner
- Taxify takes on Uber in Paris with lower prices and commissions
- Freixenet’s chairman to propose moving HQ out of Catalonia: El Mundo
- Earthquake of magnitude 6.0 hits off east coast of Japan: USGS
- 5 ways to help team bounce back from failure
- #10: Munchkin Miracle 360 Trainer Cup, Green/Blue, 7 Ounce, 2 Count
- MAS Financial Services IPO opens; here’s what brokerages say
- Hedge fund may seize super-yacht in dispute with billionaires
- #10: Strauss Yoga Mat, 6mm (Floral)
- Amazon is opening a Tokyo pop-up bar to promote booze sales
- #8: Orient Fabri Joy 1000-Watt Dry Iron (White and Blue)
- EasyJet falls 1.4% at open after trading update
- Spain’s IBEX 35 index opens down 0.2% at 10,196.20
- Germany’s DAX 30 index opens 0.1% higher at 12,979.64
- France’s CAC 40 index opens slightly lower at 5,377.68
- U.K.’s FTSE 100 opens 0.2% higher at 7,521.08
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| #7: Music Card: Greatest Hits – Arijit Singh (320 Kbps Mp3 Audio) (4 GB) Posted: 06 Oct 2017 02:26 AM PDT  Music Card: Greatest Hits – Arijit Singh (320 Kbps Mp3 Audio) (4 GB) Buy: (Visit the Bestsellers in Music list for authoritative information on this product’s current rank.) |
| 2017 Nobel Peace Prize goes to International Campaign to Abolish Nuclear Weapons Posted: 06 Oct 2017 02:08 AM PDT This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.    
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| Banwarilal Purohit sworn in as Tamil Nadu Governor Posted: 06 Oct 2017 02:01 AM PDT Banwarilal Purohit, who was sworn in as the 24th governor of Tamil Nadu today, said his decisions will be based on the constitution and there will no political consideration in it. “All my decisions will be based on constitution. I have decided to preserve and protect constitution and there will be no political consideration in all decisions whether it is big or small”, he said soon after taking oath. Stating that Governor office is above politics, Purohit said: “all decisions will be based on merit”. He said that he will support the government with regard to developmental activities are concerned. “I have good friends in Delhi and I will ensure more funds are provided to Tamil Nadu”, he added. “I will see that there is total transparency in the administration”, Purohit said. During the swearing-in ceremony, Purohit was administered the oath of office and secrecy by Madras High Court chief Justice Indira Banerjee. Tamil Nadu chief minister Edappadi K Palaniswamy and Opposition DMK working president M K Stalin were among the VIPs present in the function at Raj Bhavan. Source: DH |
| GST may get a tweak today: 9 pain points that could see relief Posted: 06 Oct 2017 01:52 AM PDT Hundred days after the Goods and Services Tax (GST) came into effect on July 1, businesses are confused, angry and helpless. Complexity of compliance is one reason. The other is the high rate of tax on certain goods and services. The government can no longer afford to ignore adverse impact of GST on businesses, now that economy is sliding and there are no concrete measures in sight to stop the slide. When the all-powerful GST Council meets today for the 22nd time, it is expected to provide relief to businesses by tweaking rates and procedures. At the previous meeting of the GST Council in Hyderabad last month, rates were changed for 40 goods and a higher cess was imposed on large cars. It is likely to show more flexibility at today’s meeting. Enough indication of relief was given by Prime Minister Narendra Modi in his recent speech at the Institute of Company Secretaries. Following are the main areas where relief is expected: 1. Increase in the threshold limit The council is likely to increase the threshold for the composition scheme to Rs 1 crore from Rs 75 lakh, which will allow small businesses, including eateries, to pay 1-5% tax without having to deal with the three-stage filing process. 2. Longer filing period The council can allow for filing of quarterly returns by businesses with turnover of up to Rs 1.5 crore. Now businesses file three monthly returns and one annual return. 3. No digging into past That’s what PM Modi had assured businesses in his speech at the Institute of Company Secretaries. He had promised the government would not dig into tax matters of the previous VAT regime through any retrospective investigation of traders joining the formal economy. 4. Reverse charge mechanism Reverse charge mechanism shifts the liability to pay the tax on the buyer rather than the seller. It can be deferred for unregistered traders. 5. Exporters Exporters are likely to get relief in terms of faster refunds as well as compliance. Easier refund of input credit for exporters will ease the pressure on working capital of exporters. 6. Network issues The GST Network has not been working smoothly. The council might assess the weaknesses and recommend measures for smooth functioning. 7. Food Duty on food preparation distributed in containers to economically weaker sections under state or central government schemes is expected to be reduced from 18% to 5%. 8. Real estate Stones used for buildings will can see a lower levy of 18%. At present, the levy is 28 per cent. 9. Leased cars The council might reduce the burden on cars that were leased before July 1 and where the tax rate has risen to up to 50 per cent. |
| JLR sales up 6.6% at 65,097 units in September Posted: 06 Oct 2017 01:52 AM PDT NEW DELHI: Tata Motors-owned Jaguar Land Rover (JLR) today reported 6.6 per cent increase in retail sales at 65,097 units in September as compared with the same month last year. The company said sales during the month grew on the back of continued solid sales of the F-PACE as well as the introduction of the Range Rover Velar, Jaguar XF Sportbrake and long wheel base Jaguar XFL in China. Retail sales were also up year-on-year in markets such as China and North America. However, the UK market witnessed a decline in sales, JLR said in a statement. “September saw a solid performance across both of our brands, thanks in large part to continued customer demand for the Jaguar F-PACE and Discovery Sport, as well as an impressive consumer response to the new Range Rover Velar,” JLR Group Sales Operations Director Andy Goss said. The Jaguar brand reported retail sales of 18,336 units last month, up 3.9 per cent from the year-ago period, driven by strong sales of F-PACE and launch of the long wheel base XFL in China. Land Rover saw sales of 46,761 vehicles in September, up 7.7 per cent, riding on the back of new Range Rover Velar. “October will see the launch of the 2018 model of Range Rover Sport, which will be JLR’s first plug-in hybrid electric vehicle and marks a significant step on the company’s road to electrification,” the company said. |
| NCLT to hear Ericsson’s RCom insolvency petition on November 8 Posted: 06 Oct 2017 01:52 AM PDT MUMBAI: The National Company Law Tribunal (NCLT) will hear on November 8 the case on whether Ericsson’s insolvency petition against Reliance Communications (Rcom) should be accepted. On September 11, Ericsson had filed for insolvency in the NCLT under the newly-formed Insolvency and Bankruptcy Code to recover Rs 1,150 crore from RCom for services and equipment it had earlier supplied. Under this, the tribunal can initiate takeover of the company or even liquidation to settle debt. Negotiations between the two to reach an out of court settlement have failed so far as well. Two months back, the court had rejected Ericsson's right to object to admitting the merger application of Aircel and RCom as the amount it was due was below 5% of RCom's total debt. The application to object was simultaneously filed by 13 others, apart from Ericsson, who were claiming dues from RCom. Last Sunday, Rcom called off merger with Aircel. |
| AI to create 2.3million jobs in 2020: Gartner Posted: 06 Oct 2017 01:52 AM PDT NEW DELHI: By 2022, most people in mature economies will consume more false information than true information mainly via social media platforms, market research firm Gartner predicted on Friday. Fake news has become a major worldwide political and media theme for 2017. “While fake news is currently in the public consciousness, it is important to realise the extent of digitally created content that is not a factual or authentic representation of information goes well beyond the news aspect,” Gartnet said in a statement. For enterprises, this acceleration of content in a social media-dominated discourse presents a real problem. “Enterprises need to not only monitor closely what is being said about their brands directly, but also in what contexts, to ensure they are not associated with content that is detrimental to their brand value,” Gartner noted as the market research firm revealed top predictions for 2018 and beyond. In 2020, artificial intelligence (AI) will become a positive net job motivator, creating 2.3 million jobs while eliminating only 1.8 million jobs. AI will eliminate more jobs than it creates through 2019, however, Gartner believes that the number of jobs created due to AI in 2020 is sufficient to overcome the deficit. “By 2020, AI-driven creation of “counterfeit reality” or fake content, will outpace AI’s ability to detect it, fomenting digital distrust,” the firm predicted. “Technology-based innovation is arriving faster than most organisations can keep up with. Before one innovation is implemented, two others arrive,” said Daryl Plummer, Vice President and Gartner Fellow, Distinguished. “CIOs in end-user organisations will need to develop a pace that can be sustained no matter what the future holds,” he added. By 2021, early adopter brands that redesign their websites to support visual- and voice-search will increase digital commerce revenue by 30 percent. By 2020, five of the top seven digital giants will willfully “self-disrupt” to create their next leadership opportunity. In doing new things, digital giants – such as Alibaba, Amazon, Apple, Baidu, Facebook, Google, Microsoft and Tencent – are likely to run into situations where their influence has grown so large that it is difficult to create new value scenarios. “This ultimately leads to self-disruption. In a self-disrupting strategy, disruption arises as intentional intent to get there first, even if it is necessary to disrupt yourself. While this can be risky, risk of inaction can be even higher,” Gartner said. By the end of 2020, the banking industry will derive $1 billion in business value from the use of blockchain-based cryptocurrencies. By 2021, more than 50 percent of enterprises will be spending more per annum on bots and chatbot creations than traditional mobile app developments. “By 2021, 40 percent of IT staff will be versatilists, holding multiple roles, most of which will be business, rather than technology-related,” Gartner added. By 2020, IoT technology will be in 95 percent of electronics for new product designs. Through 2022, half of all security budgets for IoT will go to fault remediation, recalls and safety failures rather than protection, Gartner said.rather than protection, Gartner said. |
| Taxify takes on Uber in Paris with lower prices and commissions Posted: 06 Oct 2017 01:52 AM PDT
Source: engadget |
| Freixenet’s chairman to propose moving HQ out of Catalonia: El Mundo Posted: 06 Oct 2017 01:48 AM PDT This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.  
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| Earthquake of magnitude 6.0 hits off east coast of Japan: USGS Posted: 06 Oct 2017 01:28 AM PDT This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.  
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| 5 ways to help team bounce back from failure Posted: 06 Oct 2017 01:27 AM PDT Failures may be par for the course in any corporate enterprise but it is the job of the manager concerned to successfully steer the team at such times. Varuni Khosla finds out five ways through which a manager can keep the spirit of the team alive and bounce back from failure. 1 Treat Employees as Associates A team is not a one-man show. It is built by people and cannot succeed if all members do not take ownership of their work. A manager should lead by example and mentor employees so that they can become partners. "As we trust employees to be responsible for their job, they begin to own the projects and be responsible for the complete execution instead of only focusing on their jobs. Even if the execution fails, we have employees introspecting and coming up with ways in which they could have improved their performance, instead of blaming each other," says Staqu Technologies CEO Atul Rai. 2 Recover Quickly A manager must ensure that a recovery plan is in place and there are no loopholes. Dwelling on past mistakes or playing the blame game can only bring down the morale of the employees. "This might also affect productivity. Instead, lead the team by making them learn from their mistakes and see the difference," says Keshor Daga, managing director of Big V Telecom. 3 Failure: An Opportunity to Learn Innovation is only possible in an environment where managers take charge and formulate strategies for the team to learn from mistakes and deliver a service much more efficiently than before, converting a failure into an intelligent failure. "Such managers take failure as a test of their ability to find out more ways to resolve the problem by best learning from them unlike those managers who create a perfunctory environment where mistakes only multiply," says Varun Sinha, principal consultant at Stellar Search. 4 Adjust Failure Perception "There is no tried and tested model for success. Hence, when we experienced certain hiccups, in the beginning, we had to adjust our attitude, the way we perceived failure," says Rai. He said at times when attempting to do something beyond the ordinary, success appears to be like a series of failure, and that’s okay, until the time the mistakes eventually lead to a breakthrough. 5 Identify Own Imperfections with Courage Good managers take failure as a categorical disaster and identify their own imperfections with courage. They understand the situation where they themselves faltered in raising the morale of the team and make them believe that failure is a necessary by-product of various actions towards a goal. "They emphasise the importance of various skills in their team and shift all the focus to solving problems well in advance. Such managers take a failure as a chance to move beyond organisational failures and build cohesiveness in the team," says Sinha. |
| #10: Munchkin Miracle 360 Trainer Cup, Green/Blue, 7 Ounce, 2 Count Posted: 06 Oct 2017 01:10 AM PDT  Munchkin Miracle 360 Trainer Cup, Green/Blue, 7 Ounce, 2 Count Buy new: (Visit the Best Sellers in Baby list for authoritative information on this product’s current rank.) |
| MAS Financial Services IPO opens; here’s what brokerages say Posted: 06 Oct 2017 01:02 AM PDT NEW DELHI: MAS Financial Services is ready to kick off its Rs 460 crore initial public offer (IPO) today. The Gujarat-headquartered non-banking financial company (NBFC) intends to sell 1,80,27,464 shares (issue size) in Rs 456-459 range. The issue will conclude on October 10. The company on Thursday said it has raised about Rs 136 crore from anchor investors, including Wasatch HDFC MF, JP Morgan, ICICI Prudential MF, SBI MF, Birla Sun Life MF, Nomura, DSP Blackrock MF and Reliance MF. Peers such as Shriram City Union Finance and Capital First trade at nearly 3 times FY2017 book value, while MAS Financial is valued at 6.85 times FY2017 book value (Pre-IPO) and 4.1 times BV on post dilution basis. MAS, meanwhile, has reported average return on equity (ROE) of 27.9 per cent over last 5 years, compared with a moderate growth of 11 per cent reported by peers. Brokerage Angel Broking said that higher return ratios for the NBFC were driven largely by lower cost to income (33.5 per cent) and lower provisioning expenses and that should continue to decline further. “Although valuations are on the higher side, looking at the strong and sustainable growth and ROE prospects of the company, we recommend a Subscribe to the issue,” Angel Broking said. The issue would comprises fresh issue of shares worth up to Rs 233 crore and an offer for sale of up to Rs 227 crore by existing shareholders. The NBFC has presence across six states and Delhi, with a combination of branches and sourced business through affiliations helping leverage its know-how for lending to riskier segment. Brokerage Prabhudas Lilladher in a note said that the NBFC’s reliance on highly-collateralised wholesale financing remains high at 52 per cent of total AUM, the asset quality of retail AUM (directly-sourced) too remains strong. “Credit also remains much lower at 1 per cent of AUM, but only concern remains on the lower provisioning coverage ratio (PCR) of 15 per cent can pose risk to profitability, if loans go bad, especially from wholesale book,” the brokerage said. The brokerage has recommended ‘subscribe’ on the issue with a long-term investment horizon. The franchise, it believes, caters to high potential untapped segment helping strong AUM growth and maintain strong return ratios. Lower PCR ratio, operating in riskier segments and high reliance on wholesale lending remains key risk factor for the company operation, it said. |
| Hedge fund may seize super-yacht in dispute with billionaires Posted: 06 Oct 2017 01:02 AM PDT By Kit Chellel and Kaye Wiggins First, Davidson Kempner Capital Management turned up the heat in its legal dispute with one of India’s wealthiest families by seizing a private jet. Now, the New York hedge fund has set its sights on something else many billionaires can’t live without: a luxury yacht. Davidson Kempner affiliate Midtown Acquisitions is trying to force Essar Global Fund Ltd., an investment vehicle controlled by India’s Ruia family, to pay $200 million from a New York legal ruling. At a London hearing Tuesday, lawyers for the hedge fund questioned Nigel Bell, a director at Essar Global, about its assets. The hearing took place under an English court procedure that allows creditors to get information that could help them enforce a ruling against a debtor’s assets. The latest stage of the escalating dispute threatens to spill out of the courtroom and into the lives of a prominent Indian family. Debt-laden Essar Group, controlled by billionaire brothers Shashikant and Ravikant Ruia, has sought to restructure loans and sell assets to ease pressure from lending banks. In August, Essar sold its Indian oil-refining business to a group including Rosneft PJSC and Trafigura Group for $12.9 billion, helping the company cut its debts by about $11 billion. The London case dates to September 2014, when Midtown, along with Barclays Plc, Credit Suisse Group AG and Goldman Sachs Group Inc.’s special situations group, agreed to provide a secured term loan facility of as much as $450 million to Essar Steel Minnesota, according to London court documents filed by Midtown in February. Essar Global Fund guaranteed the debt, which wasn’t repaid in full. In August 2016, a New York judge ruled in favor of the creditors, saying Essar owed $172 million plus interest. Midtown took over the claim and is leading global recovery efforts. At the London hearing, Bell was asked about a Boeing 737-700, which Midtown’s lawyers seized in July at Stansted Airport outside London, and a 280-foot yacht called Sunrays. “Entrepreneurs have access to funds to allow them to have these toys, where you or I might have a bicycle or a car,” said Bell, adding that he had never seen the ship and didn’t know about the jet. Essar Global’s lawyers dispute the ownership of both assets. The plane has been held at Stansted since July, when a court enforcement officer walked into a private area of the airport and handed a “writ of control” to the pilot, according to an earlier ruling in the case. The jet had been scheduled to fly to India the following day. Essar Group Fund said in a statement that Midtown’s attempts to take control of the aircraft have not been successful and that its legal owner, a company called White Springs, has agreed to keep it in England until the dispute is resolved. The company said it isn’t aware of any attempt to seize the yacht and to do so would be “entirely unjustified.” Sunrays, a super-yacht, is owned by an Essar subsidiary and has some “unusual features,” Midtown’s lawyer Michael Bloch said Tuesday in court. Midtown hasn’t yet taken any action against the yacht. The deck of Sunrays features a spa and lounge with bamboo finishing that can be turned into a theater, according to website www.superyachts.com Essar’s U.K. lawyer Simon Hart declined to comment outside court and didn’t respond to an email seeking comment. Davidson Kempner co-founder Thomas Kempner didn’t respond to a message seeking comment. Spokesmen for Goldman Sachs, Credit Suisse and Barclays either declined to comment, or didn’t respond to a request for comment. Bell, a non-executive director at Essar Global Fund, told the court that Chief Executive Officer Prashant Ruia had “significant but not total influence” over its activities. The fund’s portfolio was valued at about $9.9 billion in 2015, before the Rosneft deal, Bell said. Essar was named after the ‘S’ and ‘R’ in Shashikant and Ravikant, Bell said. Bell declined to comment when contacted about the case by Bloomberg. The next hearing in the London case is scheduled for December 19. The case is: Midtown Acquisitions LP v. Essar Global Fund Limited, High Court of Justice, Queen’s Bench Division, Commercial Court, CL-2016-000598 |
| #10: Strauss Yoga Mat, 6mm (Floral) Posted: 06 Oct 2017 12:42 AM PDT  Strauss Yoga Mat, 6mm (Floral) Buy: (Visit the Bestsellers in Sports, Fitness & Outdoors list for authoritative information on this product’s current rank.) |
| Amazon is opening a Tokyo pop-up bar to promote booze sales Posted: 06 Oct 2017 12:42 AM PDT
Source: engadget |
| #8: Orient Fabri Joy 1000-Watt Dry Iron (White and Blue) Posted: 06 Oct 2017 12:41 AM PDT  Orient Fabri Joy 1000-Watt Dry Iron (White and Blue) Buy: (Visit the Bestsellers in Home & Kitchen list for authoritative information on this product’s current rank.) |
| EasyJet falls 1.4% at open after trading update Posted: 06 Oct 2017 12:18 AM PDT This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.  
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| Spain’s IBEX 35 index opens down 0.2% at 10,196.20 Posted: 06 Oct 2017 12:08 AM PDT This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.  
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| Germany’s DAX 30 index opens 0.1% higher at 12,979.64 Posted: 06 Oct 2017 12:08 AM PDT This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.  
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| France’s CAC 40 index opens slightly lower at 5,377.68 Posted: 06 Oct 2017 12:08 AM PDT This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.  
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| U.K.’s FTSE 100 opens 0.2% higher at 7,521.08 Posted: 06 Oct 2017 12:08 AM PDT This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.  
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Amazon loves dealing with booze in Japan. In 2016, it launched a free Sommelier service for those who just can't choose which wine to buy. Now, it's opening a pop-up bar in Ginza, Tokyo's high fashion center and home to its ritziest establishments, t…
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