Tag: Navi

  • Flipkart Co-Founder Binny Bansal Officially Exits Board |

    New Delhi: Binny Bansal, co-founder of Flipkart has formally stepped down from the board of the e-commerce platform concluding a tenure of over 16 years. The other co-founder, Sachin Bansal departed from the board in 2018. Following his departure from Flipkart, Sachin established Navi a financial services company.

    Binny in a statement said, “Flipkart is in a robust position, with a strong leadership team and a clear path forward, and with this confidence, I have decided to step aside, knowing the company is in capable hands,”. (Also Read: OpenAI Resolves “Laziness” Issue In GPT-4 Turbo Model And Introduces Lower Pricing)

    He further added “I wish the team the best as they continue to transform experiences for customers, and I remain a strong supporter of the business,”. On Saturday, Kalyan Krishnamurthy, the CEO of Flipkart Group stated in a release that the company is the result of a brilliant idea and extensive effort crafted by dedicated teams with a commitment to revolutionizing the way people shop in India. (Also Read: Flipkart Presents Rs 13,000 Discount On iPhones; Check Details Here)

    He added “We wish Binny the best as he embarks on his next venture and thank him for the deep impact he has enabled for the Indian retail ecosystem,”. Earlier in the month, Binny revealed a new initiative named ‘OppDoor.’ This venture aims to assist e-commerce companies in global expansion by offering comprehensive end-to-end solutions.

    According to reports, OppDoor’s initial focus will be on supporting e-commerce companies in the United States, Canada, Mexico, the United Kingdom, Germany, Singapore, Japan, and Australia.

    In the previous year, Bansal divested his remaining stake in Flipkart, yielding approximately $1-$1.5 billion from his holdings. Binny, alongside Sachin Bansal, departed from Flipkart after its sale to Walmart in 2018 for approximately $16 billion. Binny has also invested in about 60 startups, including Acko, Ather Energy, Curefoods, Cultfit, BrightChamps, Unacademy, Yulu, and others, according to reports.

  • James Cameron hints at darker facet of Na’vi in Avatar sequel

    By Express News Service

    Filmmaker James Cameron mentioned that the third instalment of Avatar will present the darker facet of Na’vi, the race of extraterrestrial humanoids who dwell in Pandora. 

    The second instalment, Avatar: The Way of Water, is efficiently operating the theatres. In this movie, aside from the forest-dwelling Omaticaya, we’re additionally launched to a different water-dwelling clan, Metkayina.  Both tribes dwell peacefully and solely resort to violence when their land is seized by people. And lately, Cameron revealed that the audiences may quickly discover out that not all Na’vi are good Na’vi. 

    Cameron mentioned that Avatar 3 will discover “different cultures from those I have already shown. The fire will be represented by the ‘Ash People’. I want to show the Na’vi from another angle because, so far, I have only shown their good sides.” “In the early films, there are very negative human examples and very positive Na’vi examples,” the director continued.

    “In Avatar 3, we will do the opposite. We will also explore new worlds, while continuing the story of the main characters. I can say that the last parts will be the best. The others were an introduction, a way to set the table before serving the meal.”

    While the primary two Avatar movies centred on conflicts between Na’vi tribes and people, it’s speculated that the third movie will discover Na’vi dealing with off towards Na’vi for the primary time within the franchise. Meanwhile, the manufacturing of the third instalment of Avatar has been wrapped and it’s scheduled to hit theatres on December 20, 2024.

    Filmmaker James Cameron mentioned that the third instalment of Avatar will present the darker facet of Na’vi, the race of extraterrestrial humanoids who dwell in Pandora. 

    The second instalment, Avatar: The Way of Water, is efficiently operating the theatres. In this movie, aside from the forest-dwelling Omaticaya, we’re additionally launched to a different water-dwelling clan, Metkayina.  Both tribes dwell peacefully and solely resort to violence when their land is seized by people. And lately, Cameron revealed that the audiences may quickly discover out that not all Na’vi are good Na’vi. 

    Cameron mentioned that Avatar 3 will discover “different cultures from those I have already shown. The fire will be represented by the ‘Ash People’. I want to show the Na’vi from another angle because, so far, I have only shown their good sides.” “In the early films, there are very negative human examples and very positive Na’vi examples,” the director continued.

    “In Avatar 3, we will do the opposite. We will also explore new worlds, while continuing the story of the main characters. I can say that the last parts will be the best. The others were an introduction, a way to set the table before serving the meal.”

    While the primary two Avatar movies centred on conflicts between Na’vi tribes and people, it’s speculated that the third movie will discover Na’vi dealing with off towards Na’vi for the primary time within the franchise. Meanwhile, the manufacturing of the third instalment of Avatar has been wrapped and it’s scheduled to hit theatres on December 20, 2024.

  • The Na’vi subsequent gen is right here: A chat with actors Jamie Flatters and Bailey Bass

    Express News Service

    It looks like it has been without end because the launch of the primary Avatar movie, hasn’t it? Specifically, it has been 13 lengthy years, and but, paradoxically, the reminiscence of the primary movie continues to stay so contemporary. A brand new planet referred to as Pandora, a brand new civilisation referred to as the Na’vi…

    The fictional world captured the creativeness of individuals the world over to such an extent that many have been pushed to melancholy by the information that the planet was not actual.

    And but, James Cameron’s love letter to nature was, in truth, about our world, our planet. Environmental issues have solely grown multifold during the last decade, even because the sequel—initially scheduled for launch in 2014—is lastly set for launch, after an unbelievable delay of eight lengthy years.

    Actors Jamie Flatters and Bailey Bass—who play Na’vi kids, Neteyam (son of Jake and Neytiri) and Tsireya respectively—recommend that the expertise of the sequel can be effectively definitely worth the wait and extra. With early evaluations of the movie from the world over suggesting that Cameron may need one other winner on his arms, listed here are Jamie and Bailey breezing by some speaking factors about Avatar: The Way of Water.

    Jamie Flatters 

    I nonetheless bear in mind the primary Avatar movie as a novel theatre expertise. Do you bear in mind once you noticed it?

    Jamie Flatters: Oh, I used to be solely 9 years previous after I noticed the movie—and I cherished it!

    Bailey Bass: They performed the primary movie in the course of the auditions for everybody, and that’s after I noticed it. I cherished it, in fact. Specifically, I used to be listening to Zoe Saldana’s efficiency as Neytiri, so I may take cues for my very own position.

    With the taking pictures of the sequel taking longer than anticipated, is it honest to say you each grew up on the movie units?

    Bailey: Jaime, you had a number of birthday events on the units!

    Jaime: (laughs) Yes, I did have a number of birthdays whereas taking pictures the sequels. I bear in mind all of it as an extremely formative expertise…

    Bailey: You study a lot once you spend as a lot time with actors who’re terribly gifted at their job. And this contains Jaime, who I believe is an exceptional actor.

    James Cameron has the status of being a tricky taskmaster. What are your fast impressions about James Cameron?

    Jaime: Uh, before everything, vegan! (laughs) No, no, he’s an incredible man. I’m fascinated by how he can assault an epic movie and retain a such sharp concentrate on it for such a very long time. As you possibly can think about, he has a limitless ardour for filmmaking.

    Bailey: I see him as a extremely considerate director who cares about his actors as folks—not simply as instruments for use for his challenge.

    Jaime: And he’s a person who will do your job higher than you possibly can—particularly once you don’t do it effectively.

    Avatar: The Way of Water is claimed to have revolutionised the utilization of efficiency seize know-how.

    Jaime: Well, I do know it most likely received’t be a trend assertion for me to say.

    Bailey: We felt like superheroes, didn’t we?

    Jaime: I preferred the GoPro in entrance of my face (laughs). Many assume that motion-capture tools is restrictive, however I believe it has helped us realise that to behave, we don’t want something greater than the actors round us.

    Bailey: Yes, and for the primary time, it’s being executed underwater. This has by no means been executed earlier than and simply to be among the many first folks to have completed such an outstanding feat… It’s an ideal feeling.

    At the top of the primary movie, Jake Sully leaves his human physique and transforms right into a Na’vi man. Would both of you be sport for such a metamorphosis if it have been potential?

    Bailey: Nooooo! I’m good, thanks! (laughs) I discover it to be too scary—except, I do know somebody who has executed that. I imply, with Jake, he meets Neytiri, falls in love, and is compelled to remodel.

    Jaime: I like your pondering! I wouldn’t be among the many first 100 to remodel, however hey, if about 10,000 folks have already executed it and appear okay, then I would contemplate it. Wait, that doesn’t mirror effectively on me, does it?

    Bailey: Let the others die first? (laughs)

    It looks like it has been without end because the launch of the primary Avatar movie, hasn’t it? Specifically, it has been 13 lengthy years, and but, paradoxically, the reminiscence of the primary movie continues to stay so contemporary. A brand new planet referred to as Pandora, a brand new civilisation referred to as the Na’vi…

    The fictional world captured the creativeness of individuals the world over to such an extent that many have been pushed to melancholy by the information that the planet was not actual.

    And but, James Cameron’s love letter to nature was, in truth, about our world, our planet. Environmental issues have solely grown multifold during the last decade, even because the sequel—initially scheduled for launch in 2014—is lastly set for launch, after an unbelievable delay of eight lengthy years.

    Actors Jamie Flatters and Bailey Bass—who play Na’vi kids, Neteyam (son of Jake and Neytiri) and Tsireya respectively—recommend that the expertise of the sequel can be effectively definitely worth the wait and extra. With early evaluations of the movie from the world over suggesting that Cameron may need one other winner on his arms, listed here are Jamie and Bailey breezing by some speaking factors about Avatar: The Way of Water.

    Jamie Flatters I nonetheless bear in mind the primary Avatar movie as a novel theatre expertise. Do you bear in mind once you noticed it?

    Jamie Flatters: Oh, I used to be solely 9 years previous after I noticed the movie—and I cherished it!

    Bailey Bass: They performed the primary movie in the course of the auditions for everybody, and that’s after I noticed it. I cherished it, in fact. Specifically, I used to be listening to Zoe Saldana’s efficiency as Neytiri, so I may take cues for my very own position.

    With the taking pictures of the sequel taking longer than anticipated, is it honest to say you each grew up on the movie units?

    Bailey: Jaime, you had a number of birthday events on the units!

    Jaime: (laughs) Yes, I did have a number of birthdays whereas taking pictures the sequels. I bear in mind all of it as an extremely formative expertise…

    Bailey: You study a lot once you spend as a lot time with actors who’re terribly gifted at their job. And this contains Jaime, who I believe is an exceptional actor.

    James Cameron has the status of being a tricky taskmaster. What are your fast impressions about James Cameron?

    Jaime: Uh, before everything, vegan! (laughs) No, no, he’s an incredible man. I’m fascinated by how he can assault an epic movie and retain a such sharp concentrate on it for such a very long time. As you possibly can think about, he has a limitless ardour for filmmaking.

    Bailey: I see him as a extremely considerate director who cares about his actors as folks—not simply as instruments for use for his challenge.

    Jaime: And he’s a person who will do your job higher than you possibly can—particularly once you don’t do it effectively.

    Avatar: The Way of Water is claimed to have revolutionised the utilization of efficiency seize know-how.

    Jaime: Well, I do know it most likely received’t be a trend assertion for me to say.

    Bailey: We felt like superheroes, didn’t we?

    Jaime: I preferred the GoPro in entrance of my face (laughs). Many assume that motion-capture tools is restrictive, however I believe it has helped us realise that to behave, we don’t want something greater than the actors round us.

    Bailey: Yes, and for the primary time, it’s being executed underwater. This has by no means been executed earlier than and simply to be among the many first folks to have completed such an outstanding feat… It’s an ideal feeling.

    At the top of the primary movie, Jake Sully leaves his human physique and transforms right into a Na’vi man. Would both of you be sport for such a metamorphosis if it have been potential?

    Bailey: Nooooo! I’m good, thanks! (laughs) I discover it to be too scary—except, I do know somebody who has executed that. I imply, with Jake, he meets Neytiri, falls in love, and is compelled to remodel.

    Jaime: I like your pondering! I wouldn’t be among the many first 100 to remodel, however hey, if about 10,000 folks have already executed it and appear okay, then I would contemplate it. Wait, that doesn’t mirror effectively on me, does it?

    Bailey: Let the others die first? (laughs)

  • Now you’ll be able to make investments as little as ₹10 in Navi Mutual Fund schemes

    Navi Mutual Fund has lowered the minimal software quantity for each recent investments and extra investments throughout its mutual fund schemes from the present ₹1000 / ₹500 and ₹100 respectively, to Rs10 (and in multiples of Re. 1 thereafter). The change comes into impact from 27 September.

    This will allow individuals to put money into Navi Mutual Fund’s schemes even with smaller sums of cash. The discount in software quantity applies to systematic funding plans (SIP), lumpsum investments, systematic withdrawal plans (SWP), systematic switch plans (STP) and redemptions. The discount within the minimal software quantity has been launched throughout all schemes of Navi Mutual fund, besides for his or her equity-linked financial savings scheme as a result of laws.

    An ELSS is a mutual fund scheme that comes with a lock-in interval of three years and is eligible for tax deductions of as much as Rs. 1,50,000 per monetary 12 months underneath the provisions of Section 80C of the Income Tax Act.

    For schemes similar to Navi Liquid Fund, Navi Regular Savings Fund (hybrid scheme investing predominantly in debt papers) and Navi Flexi Cap Fund, for instance, the minimal software quantity has been lowered from Rs. 1,000 to Rs. 10 (and in multiples of Re. 1 thereafter). For these schemes, the minimal further software quantity has been introduced down from Rs.100 to Rs. 10 (and in multiples of Re. 1 thereafter). This additionally applies to Navi Mutual Fund’s Equity Hybrid Fund, a hybrid scheme investing primarily in fairness, and the Large & Midcap Fund.

    For schemes similar to Navi Mutual Fund’s Nifty 50 Index Fund, Nifty Next 50 Index Fund, Nifty Bank Index Fund, US Total Stock Market Fund of Fund, Nifty Midcap 150 Index Fund, NASDAQ 100 Fund of Fund and Nifty India Manufacturing Index Fund, the minimal software quantity has been lowered from Rs. 500 to Rs. 10 (and in multiples of Re. 1 thereafter). For these schemes, the minimal further software quantity has been introduced down from Rs.100 to Rs. 10 (and in multiples of Re. 1 thereafter).

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  • Navi MF launches Nifty Next 50 Index Fund with lowest ER within the class

    Navi Mutual Fund on Monday introduced the launch of Navi Nifty Next 50 Index Fund, which is an open-ended fairness scheme that may replicate the Nifty Next 50 Index. 

    The fund has an expense ratio of 0.12% for its direct plan, which is the bottom in comparison with every other related schemes within the passive funds class as of date.

    The New Fund Offer (NFO) opened on 1 January 2022 and can shut for subscriptions on 15 January. Navi MF had launched Navi Nifty 50 Index Fund in July final 12 months that had collected over ₹100 crore in its NFO.

    The firm mentioned Navi Nifty Next 50 Fund presents publicity to the Nifty 50 corporations of the longer term, including that out of the 75 shares that graduated to the Nifty 50 Index within the final 19 years, 51 have been from the Nifty Next 50 Index. The Nifty Next 50 index CAGR over 1-year, 5-year and 10-year funding horizon stands at are 57.7%, 14.4% and 17.1%, respectively, the corporate mentioned in its assertion. “Moreover, investing in a combination of Nifty Next 50 & Nifty 50 offers a higher risk adjusted return than investing in Nifty 50 alone, over the long term,” it mentioned

    The fund presents buyers publicity to companies providing monetary providers past conventional banks, similar to asset administration, bank card and basic insurance coverage, corporations centered on a cleaner and renewable vitality supply and companies within the healthcare sector.

    Commenting on the launch, an organization spokesperson mentioned buyers sometimes top-up their Nifty 50 fund investments with Nifty Next 50 funds to realize a better-blended large-cap portfolio and this fund might be anticipated to ship higher risk-adjusted returns in comparison with the Nifty 50 fund alone.

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