Redmi Note 8 Pro will go on sale in India on November 20. The latest Redmi Note series smartphone by Xiaomi has been available for purchase only through flash sale every week. The highlight features of Redmi Note 8 Pro include a 64MP quad-camera setup, a massive battery with 18W fast charging and a gaming-specific performance unit.Redmi Note 8 Pro price and offersXiaomi has launched the Redmi Note 8 Pro in three storage options. The 6GB+64GB storage model can be purchased for Rs 14,999, whereas the 6GB + 128GB model can be bought for Rs 15,999. There’s also a top-of-the-line 8GB+128GB storage variant which is priced at Rs 17,999.Redmi Note 8 Pro will be available in Gamma Green, Shadow Black, and Halo White colours.Close Redmi Note 8 Pro flash sale is scheduled to begin at 12 pm. The midrange smartphone can be bought via Mi India’s official website, Amazon India, and Mi Home Stores. Offers include 10 percent instant discount for Axis Bank credit and debit card users, Airtel … [Read more...] about Redmi Note 8 Pro sale begins today at 12 pm: Check price, offers and specifications
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Mutual fund schemes witnessed a steady inflow in August even as the broader market sentiment remained sombre amid concerns over the macro-environment and earnings revival.Total assets under management (AUM) of the mutual fund industry increased by 3.8 percent month-on-month (MoM) to Rs25,50,000 crore, mainly led by inflows in liquid and equity-oriented schemes.Inflows in equity schemes, including ELSS and arbitrage, went up from Rs 14,000 crore in July to Rs 15,100 crore in August, the highest since February 2018, led by a decline in redemptions (down 26 percent MoM at Rs 12,000 crore), even as gross sales were down 10 percent MoM to Rs 27,100 crore, said a recent report from Motilal Oswal FinancialServices.Close Highest net buying on MoM basis was witnessed in Eicher Motors, followed by Yes Bank, Adani Ports, UltraTech Cement and Reliance Industries, in that order. related news Brokerages bullish on ICICI Bank, see 20% further upside despite rallying 44% in last 9 months … [Read more...] about Top 17 Nifty stocks in which MF schemes have over 2% exposure; should you buy?
Essel Group plans to sell 16.5 percent stake in its flagship company Zee Entertainment Enterprises to financial investors, CNBC-TV18 reported.The stake sale will be to clear loan obligations to certain lenders of the group.Of the 16.5 percent, 2.3 percent will be sold to OFI Global China Fund -- a subsidiary of Invesco Oppenheimer Developing Markets Fund -- which already held 8.7 percent stake in the media company.Close Invesco Oppenheimer Fund – one of the oldest investors of Zee – had in August agreed to buy out an additional 11 percent stake in Zee from its promoters for Rs 4,224 crore. The fund already held a 7.74 percent stake in Zee as of June 2019. related news India offers great business opportunities for central and eastern European companies: Piyush Goyal Flare-up of Sino-US tensions over Hong Kong knocks world shares off 22-month high Promoter and promoter group held 22.37 percent equity shares in Zee Entertainment, of which … [Read more...] about Essel Group to sell up to 16.5% stake in Zee Entertainment to financial investors: Report
What do dairy workers, construction laborers and those in the gig economy have in common? They’re all facing a tumultuous work landscape, filled with wage, safety, and community concerns—and they’re all set to get some help. advertisement advertisement The Workers Lab 2019 Innovation Fund launched its 2019 class today, awarding $750,000 to a group of organizations working on helping workers receive higher wages and better protections at work. Since it was founded in 2014, the Workers Lab has sought to empower workers in the 21st century economy as they fight for protections, wages, benefits and a voice that can be heard above the din of our democracy. The economy is changing, what work looks like is changing, and the relationship between workers and their companies is changing, says Workers Lab founder Carmen Rojas, and she wants to see leaders across labor industries experiment and innovate ways to make work better. This year’s Innovation Fund … [Read more...] about These 5 innovative projects are building worker power
Drug maker Claris Lifesciences said its net cash availability stands at Rs 2077 crore translating to Rs 381 per every single share, without considering taxes.The Ahmedabad-based company said it's still in the "process of evaluating various alternatives to distribute the net cash to its shareholders" that include options such as paying out dividend or a share buy-back.Claris sold its core global generic injectables business to US-based Baxter International for Rs 4200 crore in July and 20 percent stake in JV with Japan-based Otsuka Pharmaceuticals for Rs 129 crore.Close The net cash is arrived at after the company deducted Rs 1537 crore in the form of taxes, repayment of debt, costs for the transactions, incentives to employees and key managerial personnel, other outstanding liabilities and payments, contingencies and contingent liabilities. related news Standard Chartered Private Equity exits Prime Focus by selling 10% stake FIR against Yash Raj Films for … [Read more...] about Claris Lifesciences net cash stands at Rs 381 per share, stock down 7.46%