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IRCTC is the only firm authorized by the Indian Railways to sell bottled water, manage catering services, and sell railway tickets online across all Indian railway stations and trains. As a result, it's considered a monopoly. A monopoly is one of the few things that investors like more than life itself. It's the chance to corner a market only via government decrees. Investors were ecstatic when the business chose to go public in October 2019 at Rs 320 a share. They couldn't believe how "cheap" it was in comparison to its potential. The stock also doubled in value on the day of its first public offering. By October 2021, the stock had risen to about Rs 6,000 per share. IRCTC was in high demand, and everyone wanted a piece of it. However, there was one issue: government intervention. It was the one item that had the potential to come back to bite minority stockholders. With that out of the way, let's get to the body of the event. IRCTC sent a notice on the 28t...

Defending the environment The United Nations Conference on Climate Change (COP 26) is now taking place in Glasgow, and it is the most important climate summit since the Paris Agreement was signed in 2015. Because the agreements reached in Glasgow will determine the destiny of the world, whether we will be able to stabilise the climate in time or (without sounding too pessimistic), we will be rolling the dice with our future. South Asian nations, particularly India, are anticipated to bear the brunt of the consequences if things go wrong, which is why we all need to be aware of the scope of the current climate negotiations.  IRCTC's Perplexing Case IRCTC is the only owner of a monopoly. The Indian Railways' behemoth is the company's exclusive supplier of online ticketing and catering services. Its dominance in India's train travel sector is unrivalled, and the markets have recognised this, with the company's share price rising from 320 on its first public offering to...

World hunger is a major issue. Let's say you have a youngster who is poor. Hunger may be an everyday occurrence. When it becomes endemic, it has an impact on their learning, growth, and development. It has an impact on their schooling, and without it, they would be forced to low-paying jobs. This cycle may be vicious since their children may be subjected to the same problems. And, given that 10% of the world's population still lives in severe poverty, it's a massive issue. Before the epidemic, 2 billion people were already experiencing severe food insecurity. Following the epidemic, between 83 and 132 million persons were added to the list. However, a tiny group of individuals were enjoying the time of their lives elsewhere. Between March 2020 and October 2021, the wealth of billionaires in the United States increased by 70%. From $3 trillion to $5 trillion by March 2020. So you'd think that with increased hunger on one hand and rising prosperity on the other, someone w...

After a stellar liquidity-driven run in Samvat 2077, experts are suggesting that investors should brace for a volatile phase for Indian equity markets in Samvat 2078. The market direction, they say, will be guided by a host of domestic and foreign factors that will keep the markets choppy. These include: Commodity prices and their impact on inflation and corporate earnings Policy stance of global central banks, especially the US Federal Reserve A fresh wave of Covid infections, if any Global developments like economic recovery and China factors IPO pipeline and liquidity with retail investors While rising input prices, especially those of crude oil and coal, have seen the markets trim gains in the past few weeks, analysts at Nomura have penciled in 0.6-0.7% rise in inflation over the next few months as a result of this. Sonal Varma, chief economist for India and Asia ex-Japan, Nomura, said: “We estimate the impact on headline inflation to be as much as around 1 percentage point over th...

One Hour Diwali Muharat (Samvat 2078) seems to have worked in favour of the Indian Market. Positive Global outlook and cut in excise duty on petrol and diesel encouraged the sentiments of Indians. Sensex which was on a downward curve, climed up 295.70 points / 0.49% and closed at 60,067. NSE also increased by 87.60 points /0.49% and finished at 17,916.80. Sensex's gains were basically from M&M, ITC, Bajaj Auto, L&T, Kotak bank, Sun Pharma and Nestle India rising almost 2.87%. on the opposite site, ICICI Bank, Ultratech Cement, Asian Paints and Dr. Reddy  lost 0.43%. Except Metal Industry, most of the BSE sectors finished on positive note, which were auto, consumer goods, capital goods, Industrial goods, FMCG. Similar trend was followed in broader market, where small cap BSE rose 1.36% and mid cap rose 0.73%. NSE AND BSE WILL BE CLOSED ON FRIDAY i.e. NOVEMBER 5th on the occassion of Diwali Balipratipada. According to Samvat 2077,  Nifty's Mid Cap delivered 40% Return an...

Here are the Top 10 Company Updates, one should make note of :  Infosys Infosys Finacle Digital Banking Solutions will soon be available on Red Hat OpenShift and IBM Cloud for finance related solutions. This collaboration is said to facilitate the banks scale business transformation, become more agile and growth push with said on demand portfolio of services and products. Wipro Wipro has partnered up with TEOCO to develop said solutions to help communication service providers improve network automation, flexibility, efficiency and reliability. Together Wipro and TEOCO will provide CSPs with comprehensive solutions to plan, analyze, optimize and monitor next generation networks.  Vodafone India Aditya Birla Group Chairman, Kumar Mangalam Birla is close to investing around 150 Million $ in Vodafone Idea Ltd using personal resources. Also with the 5G trials going on in India, Vodafone Idea and Ericsson have partnered up to display the power of 5G to transform the healthcare secto...

 “Have you seen those crypto ads during the T20 cricket world cup?” “I can’t believe how irresponsible those companies are” “Chill! They’ve made it easier for people to make money. I think it’s okay” Chances are that you’ve been a part of such conversations this week. So, we decided to talk about advertising and crypto in today’s Finshots. Are these ads illegal? Is crypto illegal? What can we learn from other countries? Let’s find out. In the first week of October, an interesting news snippet went viral. Well, at least in financial circles. The article claimed that there were more users registered on cryptocurrency exchanges, than on India’s largest stockbroking platform Zerodha*. What are the numbers? Reports suggest that Coinswitch Kuber has a user base of 11 million. And Zerodha has 7 million users. Sure, the total number of stock market investors is much higher than the 7 million figure quoted here, since we have many stockbrokers in India. But, you could make the same case for...

Starting of as a product just to put balance on your mobile phone, PayTM sure has achieved a lot. Not just charging utility, it evolved into digital wallet while also cornering E-commerce. Its hot red in market right now and it has caught a lot of attention due to its upcoming IPO. In 2010, PayTM started as a platform to let people top up their mobile phone balance. By 2014, it became a digital wallet platform. You could load money into the wallet and make payments to utility companies. For instance, you could pay your electricity bills. And in 2016, a surprise move by the Indian government (Demonetisation) gave a fillip to digital payments, and through it PayTM. But, what does the company do really — Are they a digital wallet? Payments bank? E-commerce company (a bet that didn’t quite pan out)? Fantasy sports? Ticketing (part of their commerce and cloud segment)? Mutual funds? Stockbroking? Insurance? Well, almost everything. So, perhaps PayTM is in some ways what many people would ca...

The Rise in Inflation Be it fuel prices, cost of transportation, commodity cost, inflation is on the rise and everything is crawling up. Companies that are consumer facing have to raise their price since cost of the input have been hiked.  Unfortunately for companies it is not that easy, they cant get away with rising price because that would hurt their customer portfolio but if they don't their margins are going suffer. The Story Let’s begin this story in the 1960s. At a time when inflation was the talk of the town. The humorist Art Buchwald, writing for Washington Post sounded an ominous alarm. In a column titled “Packaged Inflation”, he revealed how price increases were being concealed. He took a dig at the American industry for “devising new methods to make the product smaller while making the package larger”. Smaller product. Larger package. Same price. He was talking about an idea that is now popularly known as “shrinkflation”. It’s as relevant today as it was in the 1960s. W...

Rise of Inflation Be it fuel prices, cost of transportation, commodity cost, inflation is on the rise and everything is crawling up. Companies that are consumer facing have to raise their price since cost of the input have been hiked.  Unfortunately for companies it is not that easy, they cant get away with rising price because that would hurt their customer portfolio but if they don't their margins are going suffer. Pre IPO PayTM Starting of as a product just to put balance on your mobile phone, PayTM sure has achieved a lot. Not just charging utility, it evolved into digital wallet while also cornering E-commerce. Its hot red in market right now and it has caught a lot of attention due to its upcoming IPO.