Expect heads to roll at Nissan over Ghosn scandal

Loknath Das
Expect heads to roll at Nissan over Ghosn scandal

Chesnot | Getty Images News | Getty Images Carlos Ghosn, Renault-Nissan CEO. It is shaping up to be a bad year for Nissan. The arrest of auto industry titan Carlos Ghosn in Tokyo last month was believed by some to be a palace coup designed to remove him from power at Japanese automaker Nissan, just one of the companies Ghosn had a hand in running. Now it’s looking like a big problem for Nissan as well. Ghosn was indicted Monday on allegations of underreporting income and misusing company funds, but…

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Tailored Delhi double murder: Why fashion designer was killed by her own staff

Loknath Das
Tailored Delhi double murder: Why fashion designer was killed by her own staff

All the three accused have been presented in court. (Photo: Kasif The ‘master tailor’ had started stitching his terrifying plot about 10 days ago. He claimed to be upset over not getting payments on time, that too piecemeal, from the high-flying fashion designer for whom he was working. Rahul Anwar, the tailor, and two of his accomplices struck at the Vasant Kunj Enclave home of 53-year-old fashion designer Mala Lakhani around 10 in the night on Wednesday. Later the police would find no sign of forced entry as Lakhani knew…

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Cramer’s lightning round: There are better drug stocks to own than GlaxoSmithKline

Loknath Das
Cramer’s lightning round: There are better drug stocks to own than GlaxoSmithKline

GlaxoSmithKline PLC: “We don’t care where a stock’s been, we care where it’s going, but it is at $37. It’s got a 5 percent yield. [CEO] Emma Walmsley is supposed to be doing a good job. I have not seen what I’d like to see from that company. As far as I’m concerned, there are much better drug stocks to own than Glaxo.” SiteOne Landscape Supply Inc.: “No. You don’t want to be there because people don’t like housing right now and it’s going to be affiliated with the housing…

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Finance Ministry extends deadline for filing GST annual returns till March 31

Loknath Das
Finance Ministry extends deadline for filing GST annual returns till March 31

The Finance Ministry has extended the last date for filing annual GST return forms by three months until March 31, 2019. The annual returns form in which businesses registered under the GST have to provide consolidated details of sales, purchases and input tax credit (ITC) benefits accrued to them during 2017-18 fiscal was notified in September. The last date for filing was set at December 31, 2018. In a statement, the Central Board of Indirect Taxes and Customs (CBIC) said, “the competent authority has decided to extend the due date…

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Huawei arrest just made companies like Apple less valuable, Jim Cramer says

Loknath Das
Huawei arrest just made companies like Apple less valuable, Jim Cramer says

Huawei arrest made companies, including Apple, less valuable: Cramer   10 Hours Ago | 01:13 U.S.-based technology companies with business in China automatically lost value on news of the arrest of Huawei CFO Meng Wanzhou, who has reportedly been accused of violating U.S. sanctions, CNBC’s Jim Cramer said Thursday. The arrest, which occurred in Canada on Saturday and was announced Wednesday, “means any tech company that does a huge amount of business in China, including Apple or Micron or Intel or Skyworks or Qualcomm or Broadcom, is worth a little less…

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Where the super wealthy are investing their money

Loknath Das
Where the super wealthy are investing their money

Where the ultra-rich invest during a volatile market   7:30 AM ET Sun, 18 Nov 2018 | 03:13 Ultra-wealthy investors aren’t bullish on the markets but they are well positioned to “weather the storm,” according to Michael Sonnenfeldt, founder of investment club Tiger 21. In the third quarter, Tiger 21 members moved more capital into real estate and private equity, according to its latest asset allocation report. The network, which is made up of more than 600 entrepreneurs from every industry, has $60 billion in assets. Real estate accounts for 28…

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Operational independence of J-K Bank will remain key objective of admin: Governor Satya Pal Malik

Loknath Das
Operational independence of J-K Bank will remain key objective of admin: Governor Satya Pal Malik

Jammu and Kashmir Governor Satya Pal Malik on December 4 allayed fears of J&K bank employees and said safeguarding the autonomy and operational independence of the institution would remain the key objective of the state administration. Malik gave the assurance to a delegation of bank employees who called on him here, an official spokesman said. Last month, the State Administrative Council (SAC) headed by the governor approved a proposal for treating the J&K Bank Limited as a PSU, bringing it under the purview of the Right to Information Act, the…

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Simple Christmas gift ideas

admin
Simple Christmas gift ideas

Christmas is just around the corner and it is time to start thinking about what gifts to give. For some people the whole gifting process is really tough. It’s not that they don’t want to give presents, they absolutely do, but it is about finding that unique right gift, something that says you have applied thought to the purchase and that it has been bought for the recipient specifically – all that and it has to be done within what is usually a very tight budget. So, if you are…

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For the Love of the Design: The Best You Can Think Of Now

admin
For the Love of the Design: The Best You Can Think Of Now

The concept of any modern business implies a kind of visible presence: the site, advertising, logo and so on. If the company’s activity is not directly related to visual content, then the content of a full-time designer may not be entirely justified. The same applies to any single person who needs to get some object with graphics. In such cases, we are accustomed to contacting specialised agencies and freelancers, but there is a far more effective option. There are such categories of thematic and universal web services that serve as…

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Cramer’s game plan: A week defined by trade talks and employment

Loknath Das
Cramer’s game plan: A week defined by trade talks and employment

A week defined by trade talks and employment   6:20 PM ET Fri, 30 Nov 2018 | 00:40 Trade talks and the latest data on U.S. employment will color the week ahead for the stock market, CNBC’s Jim Cramer said Friday as stocks rallied on high hopes for a U.S.-China trade deal at the weekend’s G-20 summit. President Donald Trump is planning to meet with Chinese President Xi Jinping at the Buenos Aires, Argentina gathering on Saturday to discuss what has amounted to an ever-escalating trade war between the two nations….

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