Category: Business Description: Classki app was created using Appy Pie, World's #1 App Builder for creating Android & iPhone Apps. It is a Business category app. Click below to download the Classki app.
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Classki is a web application which is specially designed to help students with their first few steps towards career and the other facilities they require in their students life. Classki provides a huge platform which connects all kind of students across the India whether they are in school or in professional courses or in any other field.
“CLASSKI” will cater the needs of a student from the very beginning i.e. when a child takes his first step towards education by taking admission in nursery and thus becoming a student till he builds his carrier and gets job placement. For students studying in 6th grade & below parents/guardians will be using the services of “CLASSKI”, afterwards students may use on their own. PARENTS SUPPORT.
Through our application program a service provider/dealer who provides services/products related to students (for e.g. Coaching classes, Catering services, Accommodation services, Carrier counseling services, Real estate/property broking, Online classes, Book seller etc.) will also get a platform to connect easily with number of students who are their potential customers and thus expanding their businesses multiple times.
Mission : To provide the solution to every problem related to student’s life whether regarding studies or in any manner.
To provide fast, free, reliable and comprehensive information to our users and connect them to their service providers easily.
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Brookfield may raise over Rs 7,000cr for India properties via IPO: Report
Brookfield Asset Management may amalgamate its commercial properties into a real estate investment trust (REIT) to move towards an initial public offering (IPO) to raise over $1 billion (more than Rs 7,000 crore in current rates), sources told Bloomberg.
Brookfield is looking at its Indian assets which include 15-20 million square feet of commercial real estate, and the IPO is being considered for 2020, a source told the publication.
The discussions are at an early stage and may not go through. The company owns 22 million square feet of commercial properties in the country. A REIT is a company that owns and operates income-generating real estate.
The move, however, comes after American private equity firm Blackstone Group-backed Embassy Office Parks REIT listing in April 2019, which met with success.
Brookfield did not respond to Bloomberg’s queries.
Blackstone is also discussing an IPO of the joint venture properties with Indian developers K Raheja Group, the publication added.
NHPC plans to raise up to Rs 2,000 crore via debt
State-controlled NHPC on Monday said its board would consider a proposal to raise up to Rs 2,000 crore through various debt instruments. The company, in an exchange filing, said that its board will meet on December 28 to consider the proposal to raise debt through the issuance of corporate bonds on private placement basis, or via term loans or external commercial borrowings (ECB) in suitable tranches.
"The board of directors of NHPC Limited in its meeting scheduled to be held on Saturday, December 28, 2019 inter-alia will consider the proposal for raising of Debt up to Rs 2,000 crore during FY19-20 through issuance of corporate bonds in one or more series/tranches on private placement basis and/or raising of term loans/external commercial borrowings (ECB) in suitable tranches," the company said in exchange filings.
Titan Company share price rises over 2% on Sensex inclusion, top gainer on index
Titan Company stock gained for the fourth straight session after the FMCG stock made its debut on Sensex today. Titan Company stock rose 2.31% to Rs 1,229.70 against previous close of Rs 1,201.95 on BSE. Titan Company stock has gained 4.88% in four sessions.
The large cap stock has gained 34.77% during last one year and risen 30.68% since the beginning of this year. Titan Company stock hit its 52-week high of Rs 1,389.5 on October 25, 2019 and 52-week low of Rs 869 on December 26, 2019.
Recalls due to vehicle safety hit 3-year high; Maruti Suzuki tops the charts yet again.
With 2019 coming to a close, an estimated 3.25 lakh recalls were made by car and bike manufacturers this year, making it the highest in three years.
More than a dozen manufacturers of motorcycles, cars and sports utility vehicles (SUVs) have announced recalls in 2019, which was higher by 30 percent compared to 2018 and four times compared to 2017.
The recalls were made to address critical issues such as untimely inflation of airbags or a malfunction in its deployment, fuel leakage, loss in braking power, burst of gas generator, faulty installation of CNG filter assembly, incorrect speed reading abnormal vibrations, issues with wiring harness and batteries and less critical ones like software update to name a few.
Maruti Suzuki topped the charts with little over 1.07 lakh recalls of its popular models such as Baleno, Wagon R, Ertiga and Ciaz. Ford followed with nearly 53,000 recalls of Figo, Freestyle, Aspire and Endeavor. In 2018, Maruti Suzuki recalled 61,300 units.
Mercedes-Benz led the list of recalls made by luxury carmakers with a total of 17,200 units of the CLA, GLA, GLE, GLS, E Class and C Class. Audi followed next with around 8,200 recalled units of the A3, A6 and A7. Mercedes, which is the leading luxury car maker in India, topped the list in 2018, too, when it recalled nearly 19,000 cars.
It was Honda Motorcycle and Scooter India, the country’s second largest two-wheeler maker, to record the biggest two-wheeler recall in 2019. The Delhi-based company recalled over 50,000 units of the Aviator, Activa 125, Grazia and CB Shine. It was Honda in 2018, too, which recorded the maximum recalls among the two-wheeler makers.
While airbag, steering malfunction and possible fire pose a high risk of serious injuries or even death of vehicle occupants, India adopted its first serious vehicle recall policy as late as September 1. Moreover, the recall data for trucks, buses and three-wheelers were not available for computation.
Until a few months ago, automakers followed a voluntary recall policy as it was not mandated by the central government. Some automakers prefer not calling the recall exercise as a recall due to negative connotation attached to the definition.
The industry’s apex lobby body, the Society of Indian Automobile Manufacturers (SIAM), does not have the details of all the recalls made by the industry, with only a little over one-third of the data disclosed on its website.
But, with the adoption of the new Motor Vehicle Act that was brought into force from September 1, it has become difficult for automotive companies to avoid making an announcement of recalls as the Centre will keep a record of it.
“Where a manufacturer notices a defect in a motor vehicle manufactured by him, he shall inform the central government of the defect and initiate recall proceedings and in such case the manufacturer shall not be liable to pay a fine,” states the Act.
Moreover, the act empowers the government to direct manufacturers to enforce a recall in the event of a failure on the part of the manufacturer to do so. The government may cite examples of vehicle defects from certain percentage of owners or a vehicle testing agency to justify the recall.
The sections 110A and 110B relating to recall were newly added after an outcry over the fact that India being the fifth largest car market and the largest two-wheeler market in the world did not have an official recall policy. The Act also empowers vehicle buyers to seek a full refund of the cost of the vehicle or a total replacement.
India saw sales of 26.26 million vehicles in 2018-19, a rise of 5 percent compared to 24.98 million sold in 2017-18. Passenger vehicles saw sales of 3.37 million while two-wheeler saw 21.18 million sales, as per SIAM data.
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