Category Archives: Finance

Brand Rajinikanth goes viral on the occasion of Kabali release


With just a week for the release of Rajinikanth’s Kabali, the makers are going all out to cash in on the superstar’s popularity.

From planes to telecom companies to T-shirts, mobile cases, coffee mugs and innovative posters, Brand Kabali is spreading like wildfire.

Rajinikanth

One of the first to announce an association with Kabali was AirAsia, the low-cost Malaysian airline, who will ferry fans from Bengaluru to Chennai to catch the premier show on the day of release — July 22.

The special flight already has Rajinikanth’s image from the film.

Priced at Rs 7,860, the package will be inclusive of the flight ticket, movie ticket, an audio CD, breakfast, lunch and other Kabali merchandise.

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Infosys Q1 net profit rises 13.4% to Rs 3,436 crore


IT major Infosys on Friday posted a 13.4 per cent rise in consolidated net profit. Net Profit stood at Rs 3,436 crore (Rs 34.36 billion) for the first quarter ended June 2016. Company slashed full-year revenue guidance to 10.5-12 per cent in constant currency terms.

Infosys campus.
Infosys campus.

The numbers were below market expectations, leading to the Infosys stock tumbling 8.4 per cent to Rs 1,077.10 on BSE in early trade.

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Brexit may create walls, but brings opportunities: Sikka


Infosys CEO’s comments come a day after larger rival Tata Consultancy Services said it is keeping a close ‘watch’ on the European market in the context of Brexit, but is yet to see any client-specific negativity.

Brexit

Infosys chief executive officer Vishal Sikka on Friday said Brexit has led to uncertainty in the near term, but expressed optimism that it may also offer revenue growth ‘opportunities’ as new demand for technology services and integration comes up in medium to long term.

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Topmost reasons to decline store credit card offers


Every now and then, you keep coming across the store credit card offers. Every big departmental retail store or mall has tied up with one or the other credit card company. The offers look very interesting but there are reasons which can lead you in troubles like debt trap, bad credit score etc.

Store Credit Card Offer
Store Credit Card Offer

Following are the reasons you can consider to say no to offers of credit cards from retail stores.

1. They may be more expensive in terms of higher interest rates, lower reward points etc.
2. May hurt your credit score
3. Credit limits offered are generally lower
4. You may easily lose track off as they are not linked to your bank accounts