Info Edge Invests In Happily Unmarried Marketing

Happily Unmarried Pvt Ltd owns and operates www.happilyunmarried.com

New Delhi: Info Edge India on Tuesday said it has invested an additional Rs 5 crore in Happily Unmarried Marketing, which is engaged in sale of creative products and a grooming range for men, taking its total investment in the company to Rs 21.3 crore.

“Accordingly, the aggregate investment, including the above, is now Rs 21.3 crore in Happily Unmarried Private Limited which translates to about 48 per cent stake as on date in the company on a fully converted and diluted basis,” the company said in a filing to the BSE.

It said that the amount was invested through optionally-convertible cumulative redeemable preference shares.

The investment was made by Info Edge India through its wholly-owned subsidiary.

Happily Unmarried Private Limited owns and operates the site www.happilyunmarried.com, and sells creatively designed products such as apparels, home accessories and bags.

Story first published on: July 05, 2016 22:51 (IST)

Tags: Info Edge India, Happily Unmarried Marketing, happily unmarried, creative products

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Mercedes-Benz Invests 3 Billion Euros towards New Engine generation

HIGHLIGHTS

Mercedes-Benz invests 3 billion Euros in developing new engines
The number one beneficiaries may be the brand new-gen diesel engines
The entire line-up of Mercedes-Benz vehicles will get these engines through 2019
Emission norms are getting stricter through the day and all producers are doing their excellent to satisfythese norms as and while they come. Mercedes-Benz, on the other hand, is doing one-up on the ultra-modern norms set via the eu, as a way to be forced into impact from September, 2017. The diesel enginesthat are on provide currently from Mercedes-Benz already fulfill the above stated necessities.

Mercedes-Benz says that it has completed this through an integrated technology technique that makes use of stepped combustion chambers within the engine and advanced exhaust-fuel recirculation. This new engine has a design wherein all of the additives for exhaust gas recirculation are a part of the engine itselfinstead of being located under the ground as the case is in traditional diesel engine automobiles. this issaid to seriously decorate the overall effectiveness of the engine.

(Mercedes invests 3 billion euros in the direction of new engine era)
the brand new era E-magnificence could be wearing one such engine that’s the OM 654. The E 220 d has a claimed efficiency determine of 25.64kmpl, (in line with NEDC cycle) which is genuinely wonderful. The CO2 emissions stand at 102 grams in keeping with kilometre. All of this, while the overall strengthoutput went up from 170bhp to 190bhp.

This new four-cylinder engine might be doing duty throughout the version range of Mercedes-Benzmotors along side vehicles as nicely. The engine can be tuned for varied levels of strength output. also, the engine can designed to be either longitudinal or transverse and can be used on motors with front-wheelforce, rear-wheel force and all-wheel drive. Mercedes-Benz says that this engine will be in use across itscomplete variety of motors in Europe by using 2019 on the today’s.

Mercedes-Benz will be offering to update the on-board software program at the accessstage fashionsconsisting of A-elegance, B-elegance, CLA and the GLA, which have already been sold. The updatesmight be achieved thru a voluntary service take into account in order to be carried out from June 2016. This programme will be applicable for cars bought in Europe at gift.

you may additionally be interested to peer the fee of the satisfactory motors in India:
Renault Kwid, Honda city, Maruti fast, Hyundai Elite i20, Maruti Baleno, Alto 800, Renault Duster, Maruti Wagon R, Maruti speedy Dzire, Mahindra Scorpio, Mahindra XUV500

Warren Buffett’s Berkshire Hathway Invests in Apple

Warren Buffett's Berkshire Hathway Invests in Apple

HIGHLIGHTS
Berkshire held 9.81 million Apple stocks as of March 31.
it’s now not clean if Buffet or one among his portfolio managers made the investment.
Buffet seems to be betting the stock charge could rebound soon.
Warren Buffett’s Berkshire Hathaway Inc revealed a more than $1 billion stake in Apple Inc in a unprecedented foray into the generation area, which Buffett has in large part avoided apart from a poorlyappearing funding in IBM.

stocks of Apple rose three.7 percentage on the news, last up $three.36 at $93.88. Berkshire made itsfunding in the first sector, before the iPhone maker in April suggested its first quarterly sales decline in 13years.

The investment became introduced amid an growing view amongst investors that Apple may alsodeserve a lower valuation because its heady increase days can be over. however, Apple has a strongbalance sheet and management, attributes long preferred by using Berkshire.

“It makes experience because it‘s a consumer organisation disguised as a era enterprise with a notablebusiness version, robust cash waft and a cheap valuation,” stated Jeff Matthews, creator of booksapproximately Buffett and a predominant at the Ram companions LP hedge fund. “it is not a jump ofreligion.”

In a regulatory submitting detailing most of its inventory holdings, Berkshire said it held nine.81 million Apple shares worth $1.07 billion as of March 31.

The cost of the stake has due to the fact that fallen to approximately $921 million, regardless of Monday’sbenefit. Berkshire’s largest technology bet has been Buffett’s roughly $12.1 billion stake in internationalbusiness Machines Corp, an funding now extra than $1.6 billion inside the red.

Apple stock “is stunningly cheap, and it has a big pile of cash,” said Steve Wallman, founder of Wallmaninvestment suggest in Middleton, Wisconsin, who has owned shares of Berkshire because 1982 and Applewhen you consider that 2003. “Apple isn’t always getting credit for research and improvement it is doingbehind the scenes.”

An Apple spokeswoman did no longer reply to requests for comment.

mixed perspectives on hedge price range
The Apple investment became made by using one in every of Buffett’s two stockpicking deputies, Todd Combs and Ted Weschler, his assistant stated in an electronic mail to The Wall avenue magazine.

Combs and Weschler, who ran hedge price range before joining Berkshire, every make investmentsapproximately $nine billion and typically make smaller wagers, even as Buffett, called the Oracle of Omaha, makes bigger investments including IBM.

buyers said Combs may additionally were the Apple purchaser. He invested in chipmaker Intel Corp for Berkshire in 2011.

Buffett’s assistant did now not respond to a request for comment.

In April, Apple stated sales for the sector ended March 26 declined as an an increasing number ofsaturated telephone market harm iPhone sales, which fell for the first time.

chief executive Tim prepare dinner is trying to increase other technologies for the Cupertino, California-primarily based business enterprise, and remaining week unveiled a $1 billion investment in chinesejourney-hailing carrier Didi Chuxing.

Apple’s market cost last week dipped under that of Google parent Alphabet Inc, despite the fact that Apple generates kind of triple the revenue and income. earlier than Monday, shares of Apple have been downwith the aid of a third from their April 2015 peak.

Synovus accept as true with organization portfolio supervisor Daniel Morgan, noting that Buffett is called aprice consumer, said; “That sort of places the icing at the cake that Apple now is probably taken into consideration extra of a mature generation employer, like we would consider Microsoft, Intel or Cisco.

“I don’t assume we will positioned them inside the same bracket right now as Google, Amazon or Netflix,”stated Morgan stated, who owns Apple because of its low rateearnings ratio and excessive dividend yield.

it’s a price stock that has the potential for a big increase,” stated Steve Chiavarone, a portfolio managerat Federated investors in ny who additionally holds Apple inventory.

Hedge fund manager David Einhorn is likewise a fan, and his company Greenlight Capital on Mondaystated it boosted its Apple stake through 31 percent within the first quarter.

different distinguished investors have retrenched.

last month, billionaire Carl Icahn said he sold his Apple stake on difficulty about the business enterprise‘srelationship with China.

David Tepper’s Appaloosa LP offered its stake within the first sector, at the same time as Ray Dalio’s Bridgewater associates and Chase Coleman’s Tiger worldwide control slashed their stakes. Leon Cooperman’s Omega Advisors additionally shed its Apple stake, a person familiar with the matter said.

Buffet on Yahoo
in spite of his traditional aversion to technology quarter, Buffett instructed CNBC on Monday that hepresented to assist Dan Gilbert, the chairman of Quicken Loans and owner of the Cleveland Cavaliers basketball team, finance a bid for net company Yahoo Inc.

Reuters first pronounced Buffett’s involvement on Friday.

while Buffett informed CNBC he could no longer be an equity associate, he should acquire dividends orhobby on the financing, and possibly take an fairness stake later.

“Buffett has constantly limited himself from making an investment in things he would not understand orrecognize, and staying inside his circle of self assurance,” stated Richard prepare dinner, co-founding father of cook dinner & Bynum Capital management LLC in Birmingham, Alabama, which invests eightpercentage of the $350 million it manages in Berkshire.

The Apple investment may additionally have been made with proceeds from the sale of AT&T Incinventory, as Berkshire exited what have been a $1.6 billion stake.

In Monday’s filing, Berkshire also mentioned higher stakes in IBM, bank of latest York Mellon Corp, Deere & Co and Visa Inc, and decrease stakes in credit card Inc and Wal-Mart shops.

© Thomson Reuters 2016

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Tags: Apple, Berkshire Hathway, Tim prepare dinner, Warren Buffet

Warren Buffett’s Berkshire Hathway Invests in Apple

Warren Buffett's Berkshire Hathway Invests in AppleHIGHLIGHTS
Berkshire held nine.eighty one million Apple shares as of March 31.
it is now not clear if Buffet or one among his portfolio managers made the funding.
Buffet seems to be making a bet the stock fee might rebound quickly.
Warren Buffett’s Berkshire Hathaway Inc revealed a greater than $1 billion stake in Apple Inc in an extraordinary foray into the era quarter, which Buffett has largely avoided other than a poorly actinginvestment in IBM.

stocks of Apple rose 3.7 percentage at the information, closing up $3.36 at $ninety three.88. Berkshire made its funding in the first zone, before the iPhone maker in April pronounced its first quarterly salesdecline in thirteen years.

The funding became announced amid an growing view amongst traders that Apple may deserve adecrease valuation due to the fact its heady growth days can be over. however, Apple has a robustbalance sheet and control, attributes long favored with the aid of Berkshire.

“It makes feel because it‘s a purchaser corporation disguised as a era enterprise with a exquisitecommercial enterprise model, strong coins float and a cheap valuation,” said Jeff Matthews, writer of books approximately Buffett and a principal on the Ram partners LP hedge fund. “it is not a leap of faith.”

In a regulatory submitting detailing maximum of its inventory holdings, Berkshire stated it held 9.81 million Apple shares worth $1.07 billion as of March 31.

The price of the stake has due to the fact fallen to about $921 million, even with Monday’s gain. Berkshire’s largest era guess has been Buffett’s kind of $12.1 billion stake in international commercial enterprise Machines Corp, an funding now extra than $1.6 billion inside the purple.

Apple inventory “is stunningly reasonably-priced, and it has a huge pile of coins,” stated Steve Wallman,founding father of Wallman investment recommend in Middleton, Wisconsin, who has owned shares of Berkshire considering the fact that 1982 and Apple considering 2003. “Apple isn’t getting credit forstudies and development it is doing behind the scenes.”

An Apple spokeswoman did now not reply to requests for comment.

blended views on hedge price range
The Apple investment turned into made by means of one of Buffett’s two stockpicking deputies, Todd Combs and Ted Weschler, his assistant said in an electronic mail to The Wall street journal.

Combs and Weschler, who ran hedge budget before joining Berkshire, every invest about $nine billion and typically make smaller wagers, while Buffett, known as the Oracle of Omaha, makes larger investmentswhich includes IBM.

buyers stated Combs may additionally were the Apple consumer. He invested in chipmaker Intel Corp for Berkshire in 2011.

Buffett’s assistant did not reply to a request for remark.

In April, Apple stated revenue for the quarter ended March 26 declined as an increasingly more saturatedcellphone market harm iPhone income, which fell for the first time.

chief govt Tim prepare dinner is seeking to expand different technology for the Cupertino, California-based company, and final week unveiled a $1 billion funding in chinese experience-hailing service Didi Chuxing.

Apple’s marketplace cost last week dipped underneath that of Google parent Alphabet Inc, even thoughApple generates more or less triple the sales and earnings. before Monday, stocks of Apple were down by way of a 3rd from their April 2015 peak.

Synovus agree with organization portfolio supervisor Daniel Morgan, noting that Buffett is known as aprice client, said; “That sort of puts the icing on the cake that Apple now is probably taken into consideration extra of a mature generation organization, like we would think about Microsoft, Intel or Cisco.

“I don’t assume we can placed them inside the same bracket proper now as Google, Amazon or Netflix,”said Morgan said, who owns Apple due to its low priceincome ratio and high dividend yield.

it is a price inventory that has the capability for a big growth,” said Steve Chiavarone, a portfoliomanager at Federated traders in big apple who additionally holds Apple stock.

Hedge fund manager David Einhorn is likewise a fan, and his company Greenlight Capital on Monday said it boosted its Apple stake by using 31 percent within the first region.

other prominent traders have retrenched.

closing month, billionaire Carl Icahn stated he sold his Apple stake on concern approximately theemployer‘s dating with China.

David Tepper’s Appaloosa LP offered its stake inside the first region, whilst Ray Dalio’s Bridgewaterassociates and Chase Coleman’s Tiger global management slashed their stakes. Leon Cooperman’s Omega Advisors also shed its Apple stake, someone acquainted with the matter said.

Buffet on Yahoo
regardless of his traditional aversion to era region, Buffett instructed CNBC on Monday that he offered tohelp Dan Gilbert, the chairman of Quicken Loans and proprietor of the Cleveland Cavaliers basketball crew, finance a bid for net organisation Yahoo Inc.

Reuters first mentioned Buffett’s involvement on Friday.

at the same time as Buffett informed CNBC he might not be an equity companion, he may want toaccumulate dividends or hobby at the financing, and possibly take an fairness stake later.

“Buffett has constantly constrained himself from making an investment in things he would not realize orunderstand, and staying inside his circle of confidence,” stated Richard cook dinner, co-founding father of cook dinner & Bynum Capital control LLC in Birmingham, Alabama, which invests 8 percent of the $350 million it manages in Berkshire.

The Apple investment may additionally have been made with proceeds from the sale of AT&T Inc stock, as Berkshire exited what have been a $1.6 billion stake.

In Monday’s filing, Berkshire additionally stated better stakes in IBM, financial institution of new York Mellon Corp, Deere & Co and Visa Inc, and decrease stakes in credit card Inc and Wal-Mart stores.

© Thomson Reuters 2016

down load the devices 360 app for Android and iOS to stay updated with the today’s tech news, productevaluations, and different offers at the popular mobiles.

Tags: Apple, Berkshire Hathway, Tim prepare dinner, Warren Buffet