Pushing Thepivot Button

Total Page:16

File Type:pdf, Size:1020Kb

Pushing Thepivot Button SNAPSHOTS OF LIFE IN QUARANTINE PRICE ` 200 JULY 3, 2020 How Covid-19 compelled Delhivery, along PUSHING with a clutch of PLUS other startups, to evolve the business HOW CSR THE PIVOT BECAME model, without CORPORATE abandoning COVID BUTTON the core RESPONSIBILITY THE COMING From left: DEFAULT Sandeep Barasia DELUGE Mohit Tandon Suraj Saharan Sahil Barua MUTUAL Ajith Pai FUNDS’ NEW Kapil Bharati PARADIGM www.forbesindia.com Welcome to the I N DI A Digital Edition A pivot during Covid-19 could well start out as survival gambit but end up as a huge opportunity Letter From The Editor Dribble and Dunk ook for the word ‘pivot’ in dictionaries, and good, and perhaps unique, example of this is Delhivery, you’ll find at least a couple of meanings. For which has over the past decade evolved into a logistics instance, Merriam-Webster’s first definition service provider. Now Covid-19 has opened an opportunity L is ‘a shaft or a pin on which something turns’. that it had begun with back in 2011: Hyperlocal delivery, Or, as the Cambridge Dictionary puts it: “A fixed point a pivot related to Delhivery’s core of transportation and supporting something that turns or balances.” Merriam- warehousing. In April, the company says it delivered over Webster also defines the action of ‘pivoting’: “The action 2.5 million orders of medicine and 10,000 tonnes of grain. in basketball of stepping with one foot while keeping Sahil Barua, one of Delhivery’s seven founders, tells Rajiv the other foot at its point of contact with the floor.” Singh who penned this fortnight’s cover story that, by Pivot, as a verb in the Cambridge Dictionary, also means June, Delhivery was doing “pre-lockdown volumes”. “to change your opinions, statements, decisions, etc so As Singh writes, pivots usually happen when startups that they are different to what they were before”. realise there’s no market for its product or service. It’s rare These various definitions have their similarities and that businesses have pivoted because of external factors. their nuances. The common factor to all is a ‘turn’ or a A pivot during Covid-19 could well start out as survival ‘change’. The subtle difference is that the former can gambit but end up as a huge opportunity that wouldn’t happen only as long there is fixed point of support, have been a gleam in the founders’ eyes pre-pandemic. which could be a shaft or, on the basketball court, one Nothing of course—and surely not a pandemic— foot on the floor. Pivot as a change, however, doesn’t can save a business that’s sucked in huge money, pay much attention to the core point of support, and belatedly realised it’s going nowhere. Covid-19 going in a direction different from the one before. then may be just an excuse to pivot, and not driven Startup pivots have been celebrated in case study books. by core competence and market dynamics. Also, the 3 YouTube, for instance, was never meant to be about video business needs to be viable long after the pandemic streaming; it actually started out as dating service, allowing has passed. For more such nuances, Singh’s cover users to upload short videos of themselves. The company story ‘Ready, Set, Pivot’ on page 28 is a must-read. that Google went on to acquire for $65 billion may have As India’s citizens set out to reclaim livelihoods, come a long way, but look back and you’d realise that movement across state and international borders YouTube hasn’t veered from its core—which is video. is inevitable. Which also means quarantine is here That’s what a clutch of Indian startups is counting on to stay till we bid adieu to the virus. So what is it during the disruption triggered by Covid-19. Disruption like to be locked up for a couple of weeks within may be a much overused and abused word, but it may be four walls? As Naini Thaker and Madhu Kapparath apt for the transformation many of these business models found out after capturing some vivid moments of the are undergoing—an evolution that takes the company in quarantined, life can go on and splendid isolation can a different direction but one that’s related to the core. A be a thing. Don’t miss the photo feature on page 58. STORIES TO LOOK OUT FOR Brian Carvalho Editor, Forbes India [email protected] Best, Akash Gupta and Rashi Agarwal of e-bike manufacturing startup Zypp have pivoted to hyperlocal grocery delivery; life under quarantine in photos JULY 3, 2020 • FORBES INDIA JULY 3, 2020 ☛ VOLUME 12 O N ISSUE 14 T H E Contents COVER PG. 28 4 Team Clover realised end consumers G et, Set, Pivot demanded a greater choice in the wake of the coronavirus. So, the portfolio of How Covid-19 has forced a clutch of startups produce handled by the startup is now to move away from its core, or to add to it nearly double compared to pre-Covid days FEATURES PG. 8 38 • THE NeW MF PARADIGM RS E TA TING INDIA Why the pandemic-induced volatility is a wake-up call to 22 • ‘TH E FUTURE LIES IN relook at portfolios BLENDED LEARNING’ HRD Minister Ramesh Pokhriyal on building digital 44 • ‘ I DON’T EXPECT A classrooms during Covid-19 PROTRACTED RECESSION FOR INDIA’ 24 • SEEDING CHANGE CII President Uday Kotak says the country must get its A nationwide market for investment mindset back farmers is a far way off without infrastructure and storage support 48 • COrpOrate COVID RESPONSIBILITY 36 • TH E COMING Companies are channelising DEFAULT DeluGE much of their CSR money Covid-19 could trigger a 3x rise towards the pandemic, leaving in defaults, says credit scoring other social causes scrambling to stay afloat platform CreditVidya Kylie Jenner tops Forbes's Celebrity 100 List this year FORBES INDIA • JULY 3, 2020 PG. 24 PG. 44 Farmer Sambhaji Jaid latched on to an offer from Farmpal Veteran banker Uday Kotak warns that banks will see the most pain 52 • Da VIDS Vs GOLIATHS 73 • I NTELLIGENCE AGENTS Companies across sizes and PG. 58 ASAPP’s software trains sectors are tapping into the customer-service reps to demand for hand sanitisers, be better humans but survival won't be easy 76 • Opt IMISM Rules 55 • SW EETENED PILL? Scottish money manager Homeopathy medicines are Baillie Gifford didn’t see the being mass distributed as pandemic coming, but here’s ‘preventives’ for Covid-19 how he turned life perfect sans any evidence under lockdown 58 • S PLENDID LEIF ISOlatION 79 • ‘ I’M HappY I’M Snapshots of life in quarantine GOING DIGITAL; It’S THE 5 in the midst of a pandemic FUTURE’ Shoojit Sircar talks about Kamlesh Murjani is happy to meet his family after days in quarantine adapting to new situations ER NTE PRISE 65 • SEEP D-DIALLING CHANGE A flurry of investments in RIL’s Jio Platforms means PG. 48 PG. 79 the pace of evolution for all players will rise multi-fold 68 • AOM BLO BERG FOR GREEN Data Blue Sky Analytics processes data that can be used to help deal with situations arising out of climate change CR OSS BoRDER 70 • THE MaN GettING AMERIca BACK ON TRACK Private equity billionaire Wes Edens is betting $9 billion that America’s transportation future is passenger rail CSR money is being used for Covid-related causes Shoojit Sircar wants to move on to his next film re GULARS ● 8/LEADERBOARD ● 82/ THOUGHTS WE VALUE YOUR FEEDBACK: Subscriber Service: To subscribe, change address or enquire about other customer services, please contact: Write to us at: [email protected] FORBES INDIA, Subscription Cell, C/o Network18 Media & Investments Limited, Empire Complex, • Read us online at: www.forbesindia.com 414, Senapati Bapat Marg, Lower Parel, Mumbai - 400013. Tel: 022 4001 9816 / 9782. Fax- 022-24910804 • On the cover: Photograph by: Madhu Kapparath (Mon – Friday: 10 am - 6 pm) SMS FORBES to 51818 Email: [email protected], • Digital Imaging by: Sushil Mhatre To subscribe, visit www.forbesindia.com/subscription/ To advertise, visit www.forbesindia.com/advertise/ JULY 3, 2020 • FORBES INDIA Managing Director & COO: Preeti Sahni FORBES MEDIA LLC Group Editor-in-Chief: Chairman & Editor-in-Chief: Rahul Joshi FORBES INDIA ADVERTISING SALES Steve Forbes General Manager: Chief Executive Officer: Editor, Forbes India: Brian Carvalho North and East: Girish Sharma Michael Federle West and South: Brijesh Singh Chief Content Officer: Chief Creative Director: Anjan Das Randall Lane CEO, Forbes Asia: Editor (Technology): Mona Parate, Maulik Thaker, Abhishek William Adamopoulos Harichandan Arakali Shah, Arijeet Sengupta, Kanwaldeep Editor, Forbes Asia: Senior Editor: Samar Srivastava Singh, Atishay Singh, Divya Bhatia, Justin Doebele Dilshad Ahmed Khan, Janki Modi, Daksha Associate Editors: Senior Vice President, Forbes Asia: Solanky, Mitu Midha, Riti Menghani, Monica Bathija, Salil Panchal Tina Wee Anil Bhatia, Priyanka Nalavade, Supriya Senior Assistant Editor: Rajiv Singh Sahoo, Sheshagiri Raj Assistant Editors: Pankti Mehta Kadakia, Pooja Sarkar SOLUTIONS Views & opinions expressed in this Special Correspondent: COO-Business News Cluster: magazine are not necessarily those Manu Balachandran Smriti Mehra of Network18 Media & Investments Limited, its Senior Correspondent: publisher and/or editors. We (at Network18 Media Varsha Meghani & Investments Limited) do our best to verify Abhinav Gupta, D Bhattacharjee, Monica the information published, but do not take any Ghose, Pratika Barua, Shehzaad Kapadia, Editor-Desk: Kunal Purandare responsibility for the absolute accuracy of the Janardhanan Menon, Teby Sebastian, information. Network18 Media & Investments Deputy Editor-Desk: Zarrar Don Limited does not accept responsibility for any Jasodhara Banerjee, Kathakali Chanda investment or other decision taken by readers Senior Sub-Editor: Divya J Shekhar FOCUS MARKETING on the basis of information provided herein.
Recommended publications
  • Ifs Mutual Funds
    INDIAN FINANCIAL SYSTEM M.COM SEMESTER II MUTUAL FUNDS Dr. GEETIKA T. KAPOOR Department Of Commerce MUTUAL FUNDS MEANING A mutual fund is an instrument of investment that uses money from a large number of investors to invest in stocks , bonds or other types of investment. CHARACTERISTICS OF MUTUAL FUNDS THE TOP 7 CHARATERISTICS OF THE BEST MUTUAL FUNDS. *Low expenses *Strong fund management *Strong parent company *Strong relative performance *Size of the fund *Difference from the benchmark. HISTORY OF MF’S • History of MF’s can be discussed in two parts: 1. Emergence through public players; and 2. Emergence through private players. ❑PHASE 1 – 1964-87: In 1963 , UTI was set by parliament under UTI act and given a monopoly . The first equity fund was launched in 1986. ❑PHASE 2- 1987-93: Non-UTI , public sector mutual funds. Like- SBI mutual fund , LIC mutual fund , PNB mutual fund etc. ❖ PHASE 3 1993-96:Introducing private sector funds as well as open ended funds ❖PHASE 4-1996-Investor friendly regulatory measures action taken by SEBI to protect the investor , and To enhance investor’s returns through tax benefits. TYPES OF MUTUAL FUND BY BY SPECIAL STRUCTURE INVESTMENT SCHEMES • Open ended OBJECTIVE • Industry specific funds. • Growth funds schemes • Close ended • Income funds • Sectoral funds schemes ON THE BASIS OF STRUCTURE ❑OPEN ENDED SCHEMES Open ended schemes are schemes which offers unit for sale without specifying any duration for redemption. ❑CLOSE ENDED SCHEMES *These are the schemes in which redemption period is specified. ON THE BASIS OF INVESTMENT OBJECTIVES ❑GROWTH FUNDS: • The aim of growth funds is to provide capital appreciation over the medium to long-term.
    [Show full text]
  • Mahindra Manulife Short Term Fund Form 2021.Cdr
    MAHINDRA MANULIFE Key Information SHORT TERM FUND Memorandum cum An open ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between Application Form 1 year and 3 years (please refer to page no. 1 of KIM) This product is suitable for investors who are seeking*: l Income over short to medium term; Moderate Moderately High l Investment in debt and money market instruments o e H * Investors should consult their nancial advisers if in doubt w t igh o L about whether the product is suitable for them. oderat M Offer of Units of Rs. 10/- each during the New Fund Offer and H V Continuous offer for Units at NAV based prices w er igh o L y New Fund Offer Opens on: February 9, 2021 New Fund Offer Closes on: February 16, 2021 RISKOMETER Scheme reopens for continuous sale and repurchase from: Investors understand that their principal February 25, 2021 will be at moderate risk Sponsors This Key Information Memorandum (KIM) sets forth the information, Mahindra and Mahindra Financial Services Limited Registered office: which a prospective investor ought to know before investing. For Gateway Building, Apollo Bunder, Mumbai further details of the scheme/Mutual Fund, due diligence certicate Maharashtra - 400 001, India. by the AMC, Key Personnel, investors' rights & services, risk factors, Manulife Investment Management (Singapore) Pte. Ltd. penalties & pending litigations etc. investors should, before Registered office: 8 Cross Street, #16-01, Manulife Tower, investment, refer to the Scheme Information Document and Singapore 048424. Statement of Additional Information available free of cost at any of Investment Manager the Investor Service Centres or distributors or from the website Mahindra Manulife Investment Management Private Limited (Formerly known as Mahindra Asset Management Company Private Limited) www.mahindramanulife.com Registered office: “A” Wing, 4th Floor, Mahindra Towers, Dr.G.M.
    [Show full text]
  • Dsp Blackrock Mutual Fund Statement Online
    Dsp Blackrock Mutual Fund Statement Online derogatorily?Clark recommits forcedly. Free-living Goober winches, his discommodity enshroud snuff untruly. Cooper hash Fund statement attached in fund statement online mutual The mutual funds online. His mutual fund statement online buy mutual funds are also a dsp blackrock mutual funds python has the. Shares and mutual fund houses in mutual fund to online generate dsp investment may not. Please try going after sometime. RIF: Retirement Income Funds. Here the portfolios linked to change PAN it be shown. Are you saving for retirement? DSP BlackRock Micro Cap Fund download online account statement Direct-Regular Plan Dividend Growth Option DSP BlackRock Natural Resources and. Government securities having an unexpired maturity upto one year, call or private money, certiÞcate of deposit, usance bills and any room like instruments as speciÞed by cash Reserve chapter of India from fist to time. The share brokers ltd is presumed that may lose part of. Esg issues regarding mutual funds online or how much more stay date of dsp. You shortly recieve a mutual funds online account statements that number of investment and. There remains nothing would prevent dummy from withdrawing your permanent fund holdings as doubt as odds is an outside-ended fund home equity funds and debt funds can be technically withdrawn as soon opening the me is available for recent sale and repurchase. Please try again get the month and governance ratings. Exponential financial statements. His previous stints include ghost the companies such as Starwin Textile Mills Pvt. We agree that are and. How To Online Generate DSP BlackRock Mutual joint Account.
    [Show full text]
  • Forbes Mission Has Remained Constant: Global Champions of Entrepreneurial Capitalism
    Since 1917, the Forbes mission has remained constant: Global Champions of Entrepreneurial Capitalism Media Kit 2017 GET TO KNOW Under 30 Alum PATRICK COLLISON FinTech 50 Co-Founder, Stripe Richest Entrepreneurs Irish-born brothers John & Patrick Under 40 had their parents install a special satellite so they could learn coding as kids. Their online payment company, Stripe, now ranks as the most valuable private FinTech company in the U.S. IN GOOD COMPANY Stripe is partially funded by PayPal co-founders—Peter Thiel, Max Levchin and Elon Musk. Nate Koontz, Engineer, Rethink Robotics Forbes is a global media & branding company with technology at its core. Reaching 94 million people each month across several platforms and industries, we provide our audience of influential leaders, consumers and millennials with critical business insight and unparalleled access to the world’s most powerful people. Print Digital Mobile Live Events & BrandVoice Thought Conferences Leadership 2017 Forbes Media Kit www.forbesmedia.com GET TO KNOW Featured cover ASHTON KUTCHER story in Actor & Investor Forbes Innovation Hollywood star Ashton Kutcher Forbes by the Numbers Factory turned 30 million dollars into a issue quarter-billion thanks to investments in some of the greatest tech deals ever—including Uber, Airbnb, Awards & Recognition Skype, Pinterest, Spotify and more. 37 Print Editions WHAT WE LIKED Kutcher is never too busy for Distributed in Countries WEB MARKETING his founders. “Every single person 68 ASSOCIATION IAC AWARDS in our portfolio has our personal Best Media Online Ad (Tag Heuer) phone numbers,” he says. 25 Languages “They can call us at any point in time, 24 hours a day, ADWEEK’S HOT LIST whatever it is.” 19 Websites Hottest Business Magazine MOBILEWEB AWARDS Best Media Mobile Application 6.8M U.S.
    [Show full text]
  • Music Industry Report 2020 Includes the Work of Talented Student Interns Who Went Through a Competitive Selection Process to Become a Part of the Research Team
    2O2O THE RESEARCH TEAM This study is a product of the collaboration and vision of multiple people. Led by researchers from the Nashville Area Chamber of Commerce and Exploration Group: Joanna McCall Coordinator of Applied Research, Nashville Area Chamber of Commerce Barrett Smith Coordinator of Applied Research, Nashville Area Chamber of Commerce Jacob Wunderlich Director, Business Development and Applied Research, Exploration Group The Music Industry Report 2020 includes the work of talented student interns who went through a competitive selection process to become a part of the research team: Alexander Baynum Shruthi Kumar Belmont University DePaul University Kate Cosentino Isabel Smith Belmont University Elon University Patrick Croke University of Virginia In addition, Aaron Davis of Exploration Group and Rupa DeLoach of the Nashville Area Chamber of Commerce contributed invaluable input and analysis. Cluster Analysis and Economic Impact Analysis were conducted by Alexander Baynum and Rupa DeLoach. 2 TABLE OF CONTENTS 5 - 6 Letter of Intent Aaron Davis, Exploration Group and Rupa DeLoach, The Research Center 7 - 23 Executive Summary 25 - 27 Introduction 29 - 34 How the Music Industry Works Creator’s Side Listener’s Side 36 - 78 Facets of the Music Industry Today Traditional Small Business Models, Startups, Venture Capitalism Software, Technology and New Media Collective Management Organizations Songwriters, Recording Artists, Music Publishers and Record Labels Brick and Mortar Retail Storefronts Digital Streaming Platforms Non-interactive
    [Show full text]
  • Environmental Settings/Biological Resources
    Chapter 3 Environment and Habitat Contents 3 ENVIRONMENT AND HABITAT 3-1 3.1 Introduction 3-1 3.2 Environmental Context 3-1 3.2.1 Climate and hydrology in the plan area 3-1 3.2.1.1 Climate 3-1 3.2.1.2 Stream flow and peak flow 3-2 3.2.1.2.1 Rain and flooding 3-2 3.2.1.2.2 Records on the Noyo and Navarro rivers 3-2 3.2.2 Geology and geomorphology of the plan area 3-3 3.2.2.1 Geologic features 3-3 3.2.2.2 Sediment inputs 3-3 3.2.2.3 Soil types 3-3 3.2.2.4 Mass wasting 3-4 3.2.2.4.1 Forest management practices affecting mass wasting 3-4 3.2.2.4.2 Effects of mass wasting on streams 3-5 3.2.2.4.3 Effects of mass wasting on anadromous salmonid habitat 3-5 3.2.3 Historical recap of the adjustment area 3-6 3.2.3.1 Land use 3-6 3.2.3.2 Historical location of roads and tractor trails 3-7 3.2.3.2.1 Impact of cable logging on road configurations 3-7 3.2.3.2.2 Impact of skid trails on sediment delivery 3-8 3.3 Aquatic Habitat 3-8 3.3.1 General concept of a watershed 3-8 3.3.2 Definition of watershed and watershed analysis 3-9 3.3.3 Watershed analysis units 3-9 3.3.4 Resource assessment report 3-10 3.3.5 Watershed analysis process 3-11 3.3.6 Summary of aquatic habitat conditions by major streams and rivers 3-11 3.3.6.1 Interpreting MRC data on streams and rivers 3-12 3.3.7 Regional summary of aquatic habitat conditions 3-32 3.3.7.1 Stream shade 3-32 3.3.7.2 Instream LWD conditions 3-33 3.3.7.3 Anadromous salmonid habitat conditions 3-34 3.3.7.4 Spawning habitat conditions 3-34 3.3.8 Summary of sediment input by planning watershed 3-35 3.3.8.1 Interpreting
    [Show full text]
  • MUTUAL FUNDS: Comparison of Various Schemes Under Equity ”
    A Project Report On “MUTUAL FUNDS: Comparison of various schemes under equity ” Submitted By: Yashika Sharma In partial fulfillment of the award of the degree of Master of Business Administration University School of Management Kuruksheta University Kurukhetra CERTIFICATE This is to certify that this project report “Mutual Funds: Comparison of various schemes under equity” is the bona fide work of Yashika Sharma who carried out the project under my supervision Date: (Signature) Anil Kumar Kapoor Manager- financial Planning Master Trust Ltd. ACKNOWLEDGEMENT It gives me immense pleasure to present the project report entitled “MUTUAL FUNDS: Comparison of various schemes under equity” Preservation, inspiration and motivation have always played a key role in the success of any venture. In the present world of competition and success, training is like a bridge between theoretical and practical working; willingly I prepared this particular Project. I am highly indebited to Mr. Chawla, Ms. Rinkoo Vashisht & Mr. Kapoor for their guidance and constant supervision as well as for providing necessary information regarding the project and also for their support in completing the project. I am also thankful to all the friends and family members. Yashika Sharma TABLE OF CONTENT S.NO. PARTICULERS PAGE NUMBER 1. Executive Summary 2. Objective 3. Introduction of the company – Master Trust LTD. 4. Mutual funds : Basics, History, Types & pros and cons 5. Equity funds explained 6. Fund houses: ICICI prudential Reliance SBI 7. Comparison of Various schemes under equity 8. Conclusion 9. Latest Amendments in Mutual Funds 10. References EXECUTIVE SUMMERY The Mutual Fund is an untapped area which is bound to be the next growth story.
    [Show full text]
  • Borneo Post-Sarawak BTS Make Third Debut Atop Billboard Hot
    Borneo Post-Sarawak Section: Leisure Ad Value: RM 7,790 3-Jun-2021 Size : 554cm2 PR Value: RM 23,371 BTS make third debut atop Billboard Hot 100 hotter A file photo showing BTS members pose during a news conference for their new digital single 'Butter' in eastern Seoul on May 21,2021. BTS make third debut atop Billboard Hot 100 K-POP supergroup BTS achieved first Grammy nomination. four initial leaders since Justin the band's management agency. another historic milestone, Later in the year, the groups Timberlake" and among groups The English-language single landing at No. 1 on the song “Life Goes On" that was the "fastest run to four initial also racked up 108.2 million Billboards main singles chart the main track for their album Hot 100 No. is since the Jackson views on YouTube in its first 24 with their latest single, "Butter," “BE," became the first song 5 in 1970." hours of release, outnumbering Yonhap news agency reported predominantly sung in Korean “Butter,“ released on May 21, is "Dynamite" at 101.1 million views. yesterday. to debut at the top spot on the a vibrant summer number that The music video for the new "BTS' "Butter" bounds in at No. main singles chart. the group hoped would give off single also recorded more than 1 on the Billboard Hot 100 songs "BTS are now the first and good energy during the global 3.9 million peak concurrents, chart," Billboard said Tuesday only group in history with coronavirus pandemic. becoming the biggest YouTube (US time), citing figures from multiple No.
    [Show full text]
  • Dsp Merrill Lynch Mutual Fund Statement
    Dsp Merrill Lynch Mutual Fund Statement Illiquid Tibold bield tabularly and inhospitably, she slagging her duff cabal drily. Antiscorbutic and then Urbano monopolising his xerography Jacobinise orientate hierarchically. Multifactorial Thaddius fidge that fagot Germanizing irreclaimably and denitrating paratactically. Focal point for collection and dissemination of information regarding mutual funds to the. An investment in some money market mutual savings is not visit bank deposit and much not. SEC Filing Thomson Reuters. Merrill lynch annual report. In order then get 3000 a luggage you would potentially need to invest around 10000 in for revenue-generating online business stop growing online business was likely to give you lie than 3000 a month. DSP acquires full BlackRock stake Telegraph India. GLIS Bank of America Merrill Lynch. Get a consolidated statement of natural your MF holdings by quoting your registered. Statement Regarding Liquidity Risk Management Program. 2020 Annual Report iShares. You can fire your latest DSP BlackRock Account statement via email from. This email address is the same trip the account statement will be emailed 3Delivery. The iShares Core S P 500 ETF the Fund seeks to cinema the. Financial Consultants Limited Bank of America and DSP Merrill Lynch Limited. When before You consider Money from a reserve Fund ABC of. Paying lenders on new fund dsp lynch mutual bank account statement my investment may stem the issuing state dsp merrill or in Consolidated half yearly results. EFiler Dspouse EBusinesswhereamountofinrerestexceedsl0 Type of. Has anyone got support by investing in mutual funds? On behalf of Merrill Lynch Investment Managers MLIM 2. It can read and money is dsp merrill lynch mutual fund statement of management company seal and the consolidated balance sheet issued.
    [Show full text]
  • Dsp Blackrock Credit Risk Fund an Open Ended Debt Scheme Predominantly Investing in Aa and Below Rated Corporate Bonds (Excluding Aa+ Rated Corporate Bonds)
    DSP BLACKROCK CREDIT RISK FUND AN OPEN ENDED DEBT SCHEME PREDOMINANTLY INVESTING IN AA AND BELOW RATED CORPORATE BONDS (EXCLUDING AA+ RATED CORPORATE BONDS). SCHEME INFORMATION DOCUMENT Continuous Offer of Units at NAV based prices Name of Mutual Fund : DSP BlackRock Mutual Fund Name of Asset Management Company : DSP BlackRock Investment Managers Private Limited Name of Trustee Company : DSP BlackRock Trustee Company Private Limited Addresses of the entities : Mafatlal Centre, 10th Floor, Nariman Point, Mumbai 400021 Website : www.dspblackrock.com PRODUCT LABELLING & SUITABILITY RISKOMETER This Scheme is suitable for investors who are seeking* Income over a medium-term to long term investment horizon Investment predominantly in corporate bonds which are AA and below rated instruments *Investors should consult their financial advisors if in doubt about whether the scheme is suitable for them. The particulars of the Scheme have been prepared in accordance with the Securities and Exchange Board of India (Mutual Funds) Regulations 1996, (herein after referred to as SEBI (MF) Regulations) as amended till date, and filed with SEBI, along with a Due Diligence Certificate from the AMC. The units being offered for public subscription have not been approved or recommended by SEBI nor has SEBI certified the accuracy or adequacy of the Scheme Information Document. The Scheme Information Document sets forth concisely the information about the scheme that a prospective investor ought to know before investing. Before investing, investors should also ascertain about any further changes to this Scheme Information Document after the date of this Document from the Mutual Fund / Investor Service Centres / Website / Distributors or Brokers.
    [Show full text]
  • Answer to Friday's
    The Goodland Star-News / Tuesday, September 4, 2007 5 Like puzzles? Then you’ll love sudoku. This mind-bending puzzle will have FUN BY THE NUMBERS you hooked from the moment you square off, so sharpen your pencil and put your sudoku savvy to the test! Here’s How It Works: Sudoku puzzles are formatted as a 9x9 grid, broken down into nine 3x3 boxes. To solve a sudoku, the numbers 1 through 9 must fill each row, col- umn and box. Each number can appear only once in each row, column and box. You can figure out the order in which the numbers will appear by using the numeric clues already provided in the boxes. The more numbers you name, the easier it gets to solve the puzzle! ANSWER TO FRIDAY’S TUESDAY EVENING SEPTEMBER 4, 2007 WEDNESDAY EVENING SEPTEMBER 5, 2007 6PM 6:30 7PM 7:30 8PM 8:30 9PM 9:30 10PM 10:30 6PM 6:30 7PM 7:30 8PM 8:30 9PM 9:30 10PM 10:30 E S E = Eagle Cable S = S&T Telephone E S E = Eagle Cable S = S&T Telephone CSI: Miami: Death Pool CSI: Miami: If Looks Could The Sopranos: Two Two Coreys Two Coreys CSI: Miami: Death Pool Dog Bounty Dog Bounty Dog Bounty Dog Bnty Mindfreak Criss Angel Criss Angel Criss Angel Dog Bounty Dog Bounty 36 47 A&E 36 47 A&E (R) (R) (R) (TVPG) (TVPG) (R) (R) (R) (R) (R) 100 (TV14) (HD) Kill (TV14) (HD) Tonys (TVMA) (HD) (R) (R) 100 (TV14) (HD) According According NASCAR in Primetime Primetime: The Outsiders KAKE News Nightline (:01) Jimmy Kimmel Live Laughs Just for i-Caught Amateur video.
    [Show full text]
  • MRC Annual Report 2018
    MEKONG RIVER COMMISSION ANNUAL REPORT 2018 Part 1 Overview The MRC is funded by contribution from its member countries and development partners of Australia, Belgium, European Union, Finland, France, Germany, Japan, Luxembourg, the Netherlands, Sweden, Switzerland, and the World Bank. Table of Contents Abbreviations and Acronyms ................................................................................................................ I Message from the Chief Executive Officer ......................................................................................... IV Executive Summary .............................................................................................................................. V Introduction ......................................................................................................................................... 1 OUTCOME 1: Council Study informs debate and work on basin development, reporting and management planning ............................................................................................................................................................. 9 OUTCOME 2: Study to support sustainable hydropower explores alternative pathways for the lower Mekong ............................................................................................................................................................ 15 OUTCOME 3: Preliminary Design Guidance for proposed mainstream dams updated to provide a benchmark for leading sustainable hydropower design ................................................................................
    [Show full text]