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Need for flexibility in regulations

Ut World November 13, 2014 0

In March 2012, the Reserve Bank of India (RBI) introduced new regulations rules to contain the rapid growth of the gold loan companies which was perceived as posing a risk to the stability of the financial system in India. The major change brought about was that gold loan NBFCs were required to Continue Reading

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Kingfisher Fails to Report Financial Results

Ut World November 8, 2014 0

The Bombay Stock Exchange and the National Stock Exchange of India Ltd., India’s two main stock exchanges, will suspend trading of shares of grounded Kingfisher Airlines Ltd from December 1 for failing to comply with rules on reporting financial results, the bourses said in separate notices. Kingfisher, founded by liqour baron Vijay Mallya and once India’s No.2 Continue Reading

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A Possible Attack on Apple Operating Systems

Ut World November 6, 2014 0

Palo Alto Networks Inc has discovered a new family of malware that can infect Apple Inc’s desktop and mobile operating systems, underscoring the increasing sophistication of attacks on iPhones and Mac computers. The “WireLurker” malware can install third-party applications on regular, non-jailbroken iOS devices and hop from infected Macs onto iPhones Continue Reading

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Manappuram’SQ2 shows turnaround , management restructured

Ut World October 31, 2014 0

Manappuram Finance Ltd has declared its second quarter results. Net profit for the quarter ended September 30, 2014 is reported at Rs. 76.43crores, an increase of 73.8% compared to Rs. 43.98 crores reported in the preceding quarter ended June 30.In the corresponding Q2 of FY-2013-14, net profit stood at Rs. 69.71 crores. The Board of […]Continue Reading

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Digital Movies From Wal-Mart

Ut World October 15, 2014 0

Wal-Mart Stores Inc is launching a new service for customers to access digital copies of movies they buy at its stores and website across all platforms. The world’s largest retailer, along with VUDU, rolled out a beta version of the service, InstaWatch, in collaboration with seven movie studios. These include DreamWorks Home Entertainment, Sony Pictures […]Continue Reading

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Gold loans – The importance of high LTV

Ut World September 29, 2014 0

The history and growth of India’s gold loan NBFCs is best studied by dividing it into three distinct phases. The first phase was the period up to 2005 or so when no one really bothered about gold loans, when growth was slow, steady and quite unexciting. It changed around 2005 when private sector institutional finance […]Continue Reading

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Apple’s New Model Brings an Increase in Sales

Ut World September 23, 2014 0

Apple Inc said it sold more than 10 million iPhones in the first weekend after its new models went on sale on Friday, underscoring strong demand for phones with larger displays. Chief Executive Tim Cook said the company could have sold even more iPhone 6 and iPhone 6 Plus models if supplies had been available. Analysts […]Continue Reading

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In the Business of Beauty Elizabath Chacko

Ut World September 16, 2014 0

Elizabath Chacko. Even if the name does not ring a bell, Kochilites young and old alike will be familiar with Kalpana beauty parlour, which is the first beauty parlour in the commercial capital of kerala. The women behind the venture, Elizabeth Chacko was indeed ahead of her time-a true pioneer in the field of beauty. […]Continue Reading

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Will Lack of Security Hinder Apple’s Next Launch?

Ut World September 3, 2014 0

 Apple Inc has often displayed uncanny timing, with its well-orchestrated end-of-year iPhone releases. But the leak of racy celebrity photos in the past few days put the company in the unusual position of having to mend its image just days before a highly anticipated Sept. 9 product launch. Nude photos of Hollywood celebrities, including Oscar-winning actress Jennifer […]Continue Reading

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Demystifying great teaming

Ut World August 28, 2014 0

Great team! If your scour reading material in every walk of life, be it soccer, business, politics etc., one common theme you observe, is the success attributed to a great team. We connect these comments, at times, to the magnanimity of a star who is giving undue credit to his/her team, while he/she is the […]Continue Reading