Author Archives: Loknath Das

GE Says Finance Woes Pushing Company Toward Low End of Forecast

(Bloomberg) — General Electric Co. is heading toward the bottom of its profit forecast for the year as the manufacturer faces challenges in its finance operations, a top executive said Wednesday. Following a large charge against an insurance portfolio and plans to shrink the GE Capital division, the company’s earnings are “probably more at the lower end” of the range, ... Read More »

PNB’s LoU story spoils plot for import finance

A majority of Indian lenders are entangled in the Rs 11,300-crore fraud through issuances of unauthorised LoUs by PNB officials in connivance with firms owned by diamond merchant Nirav Modi. KOLKATA | MUMBAI: Import finance, crucial for ensuring critical supplies for India’s industrial and consumer needs, faces serious restrictions as banks clamp down on issue of letters of undertaking (LoUs) after ... Read More »

India’s financial destiny is at the crossroads: Uday Kotak

This is a problem created over several years, cobwebs have settled, everything was justified on the grounds of public interest. As Asia’s richest banker, Uday Kotak has an interesting job at a very interesting time in India’s financial history. The executive vice-chairman of Kotak Mahindra BankBSE 0.67 %leads the country’s most admired lender at a time when about $200 billion is stuck in ... Read More »

Xiaomi Redmi Note 5 Price in India, Specifications, Features Compared With Nokia 5, Moto G5 Plus, Honor 7X

Redmi Note 5, price in India starting at Rs. 9,999, will go on sale on February 22 online and offline HIGHLIGHTS Xiaomi Redmi Note 5 price in India starts at Rs. 9,999 Honor 7X is the only one of the lot to sport dual cameras Nokia 5 runs stock Android Oreo for a smoother experience Redmi Note 5 has entered the ... Read More »

Xiaomi Redmi Note 5 Pro vs Mi A1 vs Nokia 6 vs Honor 9 Lite: Price in India, Specifications, Features Comparison

Xiaomi Redmi Note 5 Pro is one of the few smartphones with 6GB RAM under Rs. 18,000 HIGHLIGHTS Xiaomi Redmi Note 5 Pro price in India starts at Rs. 13,999 Xiaomi Mi A1 leverages Android One programme to offer faster updates Nokia 6 has Dolby Atmos sound experience Xiaomi Redmi Note 5 Pro will go on sale in India on Thursday, February 22 ... Read More »

Xiaomi Redmi Note 5 Pro Review

HIGHLIGHTS The Redmi Note 5 Pro features the Snapdragon 636 SoC and an 18:9 display General performance is good and the camera offers decent bokeh effects The Xiaomi Redmi Note 5 Pro is priced starting at Rs. 13,999 Many Android flagships in 2017 boasted of taller screens with nearly no borders as their headlining feature. Naturally, we started seeing this ... Read More »

Hero Xtreme 200R Unveil – Highlights

Hero MotoCorp has unveiled its new premium motorcycle Xtreme 200R in India. Scroll down the page for the highlights of the new Hero Xtreme 200R unveil in pictures, with the most updated news and images at the bottom of the page. The live blog has now closed Live Updates The Stage Is Set For The Hero Xtreme 200R Unveil We’re ... Read More »

Honda CB Hornet 160R ABS unveiled at Auto Expo 2018

Honda showcased the updated version of the CB Hornet 160R at the 2018 Auto Expo. The new CB Hornet 160R has been equipped with LED headlight, single-channel ABS and revised instrument console. The Japanese two-wheeler giant has revealed pricing for the new bike but we expect it to carry a premium of around Rs 8,000 for the ABS version. It ... Read More »

Honda to launch new motorcycle and update line-up at Auto Expo 2018

Honda has announced it will launch an all-new motorcycle at the Auto Expo 2018 and update 10 models from its current line-up – six of which will be domestic models and four international. The PCX electric scooter will also be on display at the stand along with Marc Marquez’s MotoGP winning bike. The new motorcycle will fulfil Honda’s commitment to ... Read More »

From School to Steam: Meet the 15-Year-Old PC Game Developers From Jaipur

HIGHLIGHTS Alter Army is due on Steam Early Access this month It’s being developed by two 15-year-olds PS4 and Xbox One versions could be considered if it does well on Steam Indian game developers usually focus on Bollywood, cricket, or mythology as themes for their titles. And with good reason. Despite being home to a billion people, preferences are rather homogenised, making these options ... Read More »