Now Paytm Money users can track all their mutual fund investments on its app; claims over 1 million customers

Mutual Fund, Mutual Fund Performance In 2018, Equity Mutual Fund, Large Cap, Mid Cap, Small Cap, ELSS, Top Gainers Fund, Top Losers Fund

Paytm Money claimed of registering over 1 million users within six months of launch.

Popular online payment platform Paytm has said that its users would now be able to track the performance of their mutual fund investments on its subsidiary portal Paytm Money for free.

Investors would have to upload their Consolidated Account Statement (CAS) generated via Karvy Fintech on Paytm Money to track their all investments in their portfolio on the Paytm Money app, the company said in a statement.

Paytm Money claimed of registering over 1 million users within six months of launch.

Mutual fund investors putting their money via multiple channels including asset management companies, banks, advisors and distributors don’t get to look at the performance of their investments cohesively under a single platform.

Investors who haven’t invested via Paytm Money app can also track their daily portfolio performance irrespective of their channel or the mode of investment.

“We received many requests & feedback from Paytm Money users to be able to import their external investments to our platform. This assists an investor in keeping track of all investments in one place, further helping in their investment decisions,” said Paytm Money whole-time director Pravin Jadhav.

Paytm Money claimed to have partnered with 34 asset management companies covering over 94% AUM of the mutual fund industry.

Paytm’s mutual fund arm operates from Bengaluru and has a team of over 250 members Paytm Money, which aims to become a full-stack investment and wealth management services company, offer users mutual fund investments starting with Rs 100 via systematic investment plan or lump sum mode.

Recently at the World Economic Forum in Davos, Paytm’s chief financial officer said that the company is looking at expanding to 1-2 more developed markets this year. He told Reuters that the company has already found its footing in Canada and Japan while many of its commerce and financial services businesses have started to generate revenue and profits.

The company is also reportedly planning to expand into lending and credit cards services.


Want to Track the Tesla Roadster in Space? There’s a Website for That

Want to Track the Tesla Roadster in Space? There's a Website for That

An electrical engineer working in the aerospace industry has created a website to track Tesla CEO Elon Musk’s Roadster – the car tied to Falcon Heavy rocket by SpaceX– which is zooming through space.

SpaceX fan Ben Pearson has created Where is Roadster website that makes use of NASA’s Jet Propulsion Laboratory Horizons data to track the progress of the car and its dummy driver ‘Starman’ through space, TechCrunch reported on Sunday.

The website would also predict the car’s path and let people know when it would come close to meeting up with various planets and the Sun.

The platform would even tell the Roadster’s current position as well as its speed and whether it was moving towards or away from Earth and Mars at any given moment.

The website is not officially affiliated with the SpaceX or Tesla, Musk took a note of it on Twitter.

“I’m sure it’s parked around here somewhere,” Musk, the SpcaeX CEO, tweeted late on Sunday.

The car was originally intended to be inserted into an orbit that would fly closer to Mars but the third engine burn of the Falcon Heavy upper stage “exceeded” that orbit, sending the car into deep space.

Currently, the Roadster is still much closer to Earth — 2.25 million miles away — than to Mars, 137.5 million miles away, Fortune reported.

“Meanwhile, Mars is moving too, so when the Roadster first intersects its orbit this July, the planet itself will already be millions of miles away,” the report said.

After that, the Roadster will actually return to something close to Earth’s orbit, though again, Earth itself won’t be anywhere close.

According to the site’s data, the Roadster won’t actually be close to Mars until early October of 2020. The car does not have any landing equipment or thrusters to land it on the surface.

Earlier in February, the Virtual Telescope Project of Tenagra Observatory in Arizona caught the car moving across the night sky.

Gianluca Masi of the Virtual Telescope Project and Michael Schwartz of the Tenagra Observatory were able to pinpoint the car’s location by using data generated by the Solar Systems Dynamics Laboratory at NASA’s Jet Propulsion Laboratory.

The project said that the Tesla was “quite bright”.

It released a GIF showing the Tesla moving across space, looking a lot like a comet or asteroid. The GIF strings together 54 images captured by Tenagra, CNET reported.


Get on the Fast Track to Green Tech Patents

Get on the Fast Track to Green Tech Patents

Encouraging the growth of green technology and green jobs has been a priority for the Obama administration. The recent announcement that the U.S. Patent and Trademark Office will fast-track green technology patent applications is a step in the right direction.

According to U.S. Commerce Secretary Gary Locke the USPTO pilot program will speed up the process of examining certain green technology patent applications, with the ultimate goal of promoting U.S. competitiveness in the green sector.

“American competitiveness depends on innovation, and innovation depends on creative Americans developing new technology,” Locke said. “By ensuring that many new products will receive patent protection more quickly, we can encourage our brightest innovators to invest needed resources in developing new technologies and help bring those technologies to market more quickly.”

To be eligible, patents must materially contribute to environmental quality, finding or developing renewable energy resources, improving energy efficiency or cutting greenhouse gas emissions. The pilot program will start by targeting the first 3,000 patent applications already on file whose holders apply for expedited review.

The pilot program will cut the average time it takes for these technologies to be patented by one year. However, since the patent review process currently takes an average of 40 months, there’s still a long way to go in truly speeding up the process.

But, the Patent Office is actively working to reduce the time it takes for patents to be reviewed. Another recently announced initiative, the Patent Application Backlog Reduction Stimulus Plan, allows small entities that have multiple patent applications pending to apply for special status to get one of their patents examined faster. However, in order to do so, they must be willing to abandon another of their pending applications. The goal of the program is to give applicants more control over the order in which their patents move through the system, and also help get rid of the backlog of unexamined patents-currently nearing 719,000.

If the pilot is successful, the USPTO plans to look into ways to expand the initiative.  You can get more details on the USPTO pilot program in the Federal Register and at the USPTO’s Web site.


Apple recognizes bug That Deletes iTunes track; fix Due This Week

Apple Acknowledges Bug That Deletes iTunes Music; Fix Due This Week

customers have been reporting the problem in view that ultimate 12 months.
Apple says it’s far unable to reproduce the problem.
It hopes to resolve the difficulty via an iTunes replace this week.
There had been numerous reports by way of Apple tune customers of music disappearing from librarieswith none intimation, quickly after the service‘s release ultimate year. The Cupertino massive on Friday has ultimately stated the problem, pronouncing it best affects a small wide variety of customers, and that it’ll issue an iTunes update to restoration the problem this week. but, the agency brought it could not but discover the precise problem.

In Apple’s words, “we have no longer been able to reproduce this problem, but, we are freeing an replaceto iTunes early next week which incorporates additional safeguards.”

Apple track users were losing their tune from their iTunes library, and for a while now, and the problemsappear like associated with the way iCloud tune Library syncs song. but, the issue took Apple’s interestafter freelance composer James Pinkstone wrote a weblog post complaining approximately 122GB worth ofdocuments missing from his computer.

The deleted song records additionally included a number of Pinkstone’s authentic compositions, and he accused Apple of “massively overstepping its boundaries.” After talking to an Apple consultant, Pinkstonelearned that Apple tune subscription lets in iTunes to experiment the consumer‘s mp3 and wavdocuments. It fits them with Apple’s own database, and deletes the authentic documents from the innerhard power. essentially, Apple shops all of the files on cloud, deleting them from the device, inadvertently forcing the person to have a records connection to get right of entry to their music on Apple song or iTunes.

right here‘s Apple’s complete assertion, issued to iMore, “In a really small quantity of instances usershave pronounced that music documents saved on their laptop have been eliminated with out their permission. we are taking these reports critically as we realize how important track is to our clients and our groups are targeted on figuring out the purpose. we have not been capable of reproduce thisdifficulty; however, we’re liberating an replace to iTunes early next week which incorporates additionalsafeguards. If a person reviews this problem they ought to contact AppleCare.”

even though Apple says that it is taking those court cases seriously, a restore for this will take some time. within the period in-between, customers are encouraged to take backups of their track files,simply in case a mishap of this nature takes area.
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Tags: Apple, Apple music, Apps, iCloud tune Library, iTunes, James Pinkstone