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  1. indus

    Indian Economy: News and Discussion

    Makes me remember this vdo
  2. indus

    Indian Economy: News and Discussion

    ITC files Rs 100 cr defamation suit against portfolio manager Manu Rishi Guptha for blog post ITC has filed a Rs 100 crore defamation lawsuit against portfolio manager and blogger Manu Rishi Guptha and two senior officials of financial blog site FinMedium. Guptha, CEO of SEBI-registered...
  3. indus

    Indian Economy: News and Discussion

    Significant percentage of the promoter shares are pledged, meaning given as collateral to banks for raising debt/loans. If Adani is unable to pay off debt he will be forced to sell the pledged stocks to banks for debt reduction.
  4. indus

    Indian Economy: News and Discussion

    Gujjus have islands of pleasure where they can enjoy alcohol. Northie gujjus go to mt Abu, Udaipur. Saurashtra people goto Diu and the western ones go to Daman. The southern Gujjus visit Dadar, Nagar Havelli when they want to sip wines.:cruisin2::daru::daru::daru:
  5. indus

    Indian Economy: News and Discussion

    Adani port is the main revenue generating company of the group. Unless Adani does Mallya and diverts revenues of Port into other group companies such as Greens, Cements etc the company has a bright future. But its balance sheet is filled with debt and shares are pledged. Its long term share...
  6. indus

    Indian Economy: News and Discussion

    Not exactly none. Here are afew. Samtel India. Makes Aircraft displays. https://www.samtelavionics.com/ Tonbo Imaging. Makes imaging optronics items https://tonboimaging.com/aboutus/arvind/
  7. indus

    Indian Economy: News and Discussion

    Test track was built in Margao, not Panaji imo. There was some accident due to which further development was halted and then project was abandoned. Konkan Railway did try to restart it but they too gave up.
  8. indus

    Indian Economy: News and Discussion

    Who made this ad.???. Roasting AirIndia in Nairobi. :rofl:
  9. indus

    Indian Economy: News and Discussion

    Just saw the post. PSU style of management is bureaucratic, meaning it relies alot on two things. Zero trust amidst full responsibility. But at the same time there is no threat to job which is the biggest bane of Govt services. In my Dept there are people who cannot even write a single line...
  10. indus

    Indian Economy: News and Discussion

    Service is the pain area for Godrej. But they have diversified alot in the last few decades. Its a furniture to rocket engines conglomerate.
  11. indus

    Indian Economy: News and Discussion

    Lot of words with little or no substance. Ur friend wants new courts consisting of foreigners where even Supreme Court cannot say anything????? Are you fckin serious. Which country in the world would handover its judiciary to foreigners. Simply call for re colonisation by british please. Then...
  12. indus

    Indian Economy: News and Discussion

    Corporates do around with this by making employees resign themselves. Firing tens of employees at once may raise eyebrows surely but do it by slowly over the year and nobody notices. In many corporates there is the bottom 5 percent rule wherein the employees rated at the bottom of the...
  13. indus

    Indian Economy: News and Discussion

    NSDL freezes three FPI accounts owning Adani Group shares worth Rs 43,500 crore The three funds together hold 6.82 per cent in Adani Enterprises, 8.03 per cent in Adani Transmission, 5.92 per cent in Adani Total Gas, and 3.58 per cent in Adani Green Adani Group is yet to issue a statement. All...
  14. indus

    Indian Economy: News and Discussion

    Godrej is one of the few companies who manufacture own products rather than others who do contract manufacturing and put their label on it. But due to influx of numerous brands Godrej has lost alot of market share. Their plant in Chandigarh used to run below 30 pcnt capacity utilization few...
  15. indus

    Indian Economy: News and Discussion

    More money in economy means more inflation.
  16. indus

    Indian Economy: News and Discussion

    Prices will remain high till the end of this year. Because local crop is nowhere in sight. Groundnut/Soyabean next crop will come by October (Kharif) and Mustard (Rabi) is even more distant and come in March next year. So we wl have to utilize last year s crop stored till now, which will be sold...
  17. indus

    Indian Economy: News and Discussion

    Not much in short term. Things will improve in next 3-4 months as import of palm oil and other edible oil have risen.
  18. indus

    Indian Economy: News and Discussion

    An update on the Mumbai Trans Harbour link.
  19. indus

    Indian Economy: News and Discussion

    Bangladesh may be showing growth in short or mid term. But in long term they have a lot to catch up. Most of the garment manufacturing moved there due to cheap labour. Mechanisation will over run cheap labour in long run. Same happened with textile mills in Mumbai and now Surat. Other than...
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