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    Indian Economy: News and Discussion

    When those are overcome, there may be integrity issues related to the business itself. So there is general distrust between Babu and businessman. Throw a banker and a union leader into the party and we have quite a conundrum.
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    Indian Economy: News and Discussion

    AFAIK, a good chunk of the manufacturing that moved from China to Vietnam is either fully/partly owned by China or atleast the money is Han Chinese in order to circumvent the 'troubled tag' route. As long as the brand gets the same quality at the same or a lower price, they simply don't care...
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    Indian Economy: News and Discussion

    Yeah.. ULFA .. SULFA(Surrendered ULFA) to Naxals to political parties to ensure no POSCO or Mittal gets to set foot in their territory.
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    Indian Economy: News and Discussion

    One lakh is quite less imo. Lucky guy. My friend's cousin sister is a big wig in Rajasthan excise department. The entire extended family gets to tank up for free in some of the biggest fuel stations in Rajasthan, Jaipur in particular. Well, Tata's pay money to LOL Salam. They get exclusive...
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    Indian Economy: News and Discussion

    Worker productivity must be optimal else it becomes unviable to operate in a highly competitive and challenging business environment. Manufacturers are also at fault. They want easy credit, then they divert funds to non core businesses then NPA's mount.. operating cash flow gets hit... they...
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    Indian Economy: News and Discussion

    https://in.investing.com/indices/world-indices Some more punishment in store for China and its immediate neighbour. Volatility in Indian markets not ruled out.
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    Indian Economy: News and Discussion

    What is the business environment in those states? Small example - In Jamshedpur, though crime has fallen a great deal, peace also comes with a price. People have to pay 'chanda' to political parties. A travel agent known to me pays 45-50k every month to the ruling party. It was BJP last...
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    Indian Economy: News and Discussion

    Not trying to raise a strawman here but what is the role of automation in manufacturing job losses? Automation has definitely led to job losses in the automobile manufacturing sector. Consumer durables started sourcing from China in the past decade so your Indian mixer grinder, washing machine...
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    Indian Economy: News and Discussion

    Yeah.. lets see what they manage to salvage. Looks like GoI is expecting a backlash with murmurs getting louder against haircuts and IBC... a PIL is likely in the works. Let's see how much muck they dig up.
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    Indian Economy: News and Discussion

    Writing off doesn't prevent the bank from continuing with its recovery process. Some of them write it off their books and sell a part of it to ARC's. Haircut is a mild way of losing inches from where you wouldn't want to and there is zero chance of recovery. Please correct me if I am wrong.
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    Indian Economy: News and Discussion

    He meant his alter ego, Haldiram :devil:
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    Indian Economy: News and Discussion

    You won't find any public source, just as you won't find any news of Bada Ambani in public sources. Books on him were banned too. My uncles were witness to the shooting. They collected hundreds of bicycles from the area and scrapped them. My uncle was a union leader in Tata Steel and...
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    Indian Economy: News and Discussion

    HEC Ranchi is another. It had enormous potential but workers would sabotage machinery so they would not have to work due to downtime. Aise log hain. Tons of taxpayer money lined pockets of Babudom and Ministers while private sector was tossed into a whirlpool of rules and approvals. There was...
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    Indian Economy: News and Discussion

    Actually, they aren't so bad but the employees are the deadweight, the top executive is corrupt and there is often interference from the owning ministry. My uncle was with ECL(Eastern Coalfields Ltd) and the corruption was absolutely mind boggling. Bureaucrats would come down and leave with...
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    Indian Economy: News and Discussion

    Same as its peers.
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    Indian Economy: News and Discussion

    Costlier than its competitors. Hope the quality is better.
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    Indian Economy: News and Discussion

    Can you share their page on Flipkart? Can't find it.
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    Indian Economy: News and Discussion

    Excellent. Way to go!
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    Indian Economy: News and Discussion

    Their own R&D? Are they manufacturing their entire product range in India or just rebranding and selling Chinese manufactured items like BoAt and others do?
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    Indian Economy: News and Discussion

    https://economictimes.indiatimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/plea-in-hc-against-re-entry-of-chinese-fashion-brand-shein-via-amazon-court-seeks-govt-reply/articleshow/84671833.cms
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