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People sometimes complain that technology is preventing us from talking to each other face-to-face. But there are moments when communicating at a distance is a good thing–like when a married couple is going through a bitter divorce and kids are involved. advertisement advertisement Sheri Atwood, the founder of SupportPay, a platform for managing childcare expenses, says keeping things as business-like as possible not only helps parents, it also keeps kids out of the firing line. And she should know. Her own parents went through a bitter divorce (Atwood ended up in foster care) and she also went through a divorce herself. “When we had our own divorce a few years ago, I swore it would be amicable, because I didn’t want my daughter to go through the same thing I went through. And it was,” Atwood says. “We went out for a drink and signed the divorce papers and thought everything was easy. But then I realized that child support is the one thing in … [Read more...] about A Simple Tool Is Helping Divorced Parents Not Make A Nightmare Of Child Support

Sounak MitraOrganised retail is reaching an inflection point. The sector is gaining critical mass and is consolidating, as evidenced by the flurry of recent deals. In August alone, Walmart picked up 77 percent stake in Flipkart for $16 billion, Warren Buffett agreed to invest in Paytm, and China's Alibaba invested $300 million in online grocery retailer BigBasket. Besides, Ikea opened its first store in the country.It is not exactly a surprise. Organised retail has started getting more interest from global biggies after the implementation of the goods and services tax (GST), which has minimised cash dealings (without bills, or fake bills), made retailing more structured, and made the supply chain less cumbersome, among other things. While this has made lives difficult for  small and medium-scale retailers (including neighbourhood stores), it has surely enhanced scope for big companies who constitute organised retail.Besides, it has paved the way for integration of online and … [Read more...] about Opinion | Organised retail can become the new sunrise sector, but retailers need to adapt to hybrid model

In her two decades as a professional model—appearing in campaigns for designers such as Stella McCartney and Tommy Hilfiger—Sara Ziff has seen the industry’s glamorous side and its underbelly, which is rife with child labor, low wages, and sexual harassment. Model Alliance, the nonprofit she founded in 2012, advocates for fair labor standards and safer workplaces for models. Under Ziff, the alliance has pushed lawmakers in New York and California to protect underage models, partnered with researchers to study human trafficking and other issues, and launched a high-profile campaign—signed by close to 140 models—to get Victoria’s Secret to commit to safeguarding its models from sexual misconduct. Here, she talks about how modeling agencies have enabled the likes of Harvey Weinstein and Jeffrey Epstein, and why the exploitation of models should concern us all. advertisement advertisement Fast Company: Modeling has always seemed so aspirational. … [Read more...] about The modeling industry is filled with exploitation—this labor activist is fighting back

Juzer GabajiwalaInvestors always give a lot of weight to the past performance of returns. In fact, most decisions are always made on the basis of returns.In the case of mutual funds, it is not that you need to ignore the returns as that is ultimately the performance parameter of the fund manager. While selecting a scheme for investment or while deciding whether to continue with a current investment, a fund’s performance track record does play a critical role and returns usually take precedence over other important factors that are considered while investing.Close However, given the changes recently introduced by SEBI with regard to categorisation of schemes, this parameter would not be an appropriate tool at present.Juzer GabajiwalaDirector|Ventura Securities Take the SIP route for equity mutual funds amid volatility, keep 3-5 yrs horizonHow tax is calculated on debt mutual fund investmentsInternational funds: Key to achieving geographical diversificationIn order to enable … [Read more...] about Picking the best mutual fund: Are past returns relevant after re-categorisation?

Yes Bank may not give its approval for Blackstone Group's buyout of Coffee Day Group's Global Village Technology Park, Mint reports.Coffee Day Group promoters have a debt of around $1 billion, the report said. The proposed Rs 2,800-crore sale of Global Village Technology Park is expected to help the group service some of its debt.Yes Bank is the single-largest lender to Coffee Day Group, with an exposure of Rs 1,500 crore, the report said.Close “Almost all statutory approvals, including the Karnataka government’s nod, have come, except for Yes Bank’s NOC (no-objection certificate)," a source told the paper. related news Nearly 500 CCD outlets shut down across India since April: Report Coffee Day Enterprises executes definitive agreement with Blackstone Group for tech park sale at Rs 2700 crore Blackstone Group signs definitive agreement for Coffee Day's tech park: Report Moneycontrol could not independently verify the report.Yes Bank, Coffee Day … [Read more...] about Coffee Day lender Yes Bank may block Blackstone deal: Report