What Else

Telecom rates have begun to rise after two years. Is it, however, sufficient to prevent the sector from becoming a virtual oligopoly? The Synopsis Reliance Communications unleashed a bombshell in the telecom market in 2015. They reduced rates, gave low-cost data plans, and completely changed the ecology. Thousands of people queued overnight to change their cellular provider. Jio, on the other hand, became a darling of the investment community. It's a strategy that many well-funded firms have employed in the past. To begin, entice buyers with low prices. Then, with your vast funds, knock out the competitors cold. You may then boost charges after you have the consumers locked in. And, if all goes well, consumers will be forced to accept the status quo because they will have no other option. Bharti Airtel and Viacom were among the private incumbents hit by Jio's blitzkrieg (formerly Vodafone Idea). Vi was on the verge of collapsing, while Airtel was on firmer foundation. Its stock...

One business in particular made a splash in what was the greatest week for Indian startups in almost a decade: Sigachi Industries. And in today's issue, we find out why investors are so enthusiastic about the firm. The Synopsis What is the purpose of Sigachi Industries? That was the major question last week, when PolicyBazaar and PayTM raised billions of dollars. Because Sigachi surpassed everyone on the block when it struck Dalal Street with a tremendous listing gain of 252.7 percent, while bringing home just $17 million during its IPO. To put it another way, if you had been assigned Sigachi shares during the IPO, your investment might have more than quadrupled. In fact, it closed the day 270 percent higher than the initial public offering price of Rs 163. It had the second-best initial public offering (IPO) debut ever. Isn't it incredible? However, we must once again face the elephant in the room. What exactly does the business do? In India, Sigachi is the major maker of MCC ...

This paint business, which was once a stock market favourite, hasn't had a fantastic year. While the Sensex has increased by more than 50%, Asian Paints has only increased by 30%. The Synopsis Asian Paints, the world's largest paint manufacturer, has raised prices by just 3% a year for the past 20 years. That's correct, despite the fact that we've had to cope with out-of-control inflation everywhere, paint costs have never been an issue. The corporation, on the other hand, has finally rolled up its sleeves and is getting down to work. Asian Paints, the industry leader, is raising prices by 7–10 percent starting November 12th. Yes, it's advising everyone to spruce up their homes before Diwali. But, you may wonder, why the abrupt change of heart. Of sure, earnings are important. Sales increased by 32% year over year, from Rs 5,350 crores to almost Rs 7,000 crores, according to the company's latest figures (July-September). However, its net income dropped by 28%, f...

The Synopsis "When America sneezes, the world gets a cold," as the saying goes. Well, it's a term that gives you a sense of the US's worldwide influence— the impacts of globalisation and all that. However, India has its own version of the quote: "When America sneezes, India develops a cold." India develops a fever when Europe sneezes beside it." It's also a nice way to characterise the Indian IT sector. Because we owe approximately 70% of our exports to two regions: the United States and Europe. As a result, when these areas experience a slump, Indian IT suffers as well. When Covid-19 hit last year, for example, IT investors were on pins and needles. Why? Because the previous global recession, which occurred in 2008, was not nice to anybody in the business. Before the financial crisis, IT businesses' revenues were increasing at a rate of 30% each year. Soon later, it plummeted to 15%. Companies all throughout the world were forced to slash costs...

Farmers need access to markets that will get them the greatest price in a system that is well-run. Farmers' anxieties of corporate takeover of India's agro markets would be alleviated by the Prime Minister's declaration. The more important issue is whether the current scenario of over-dependence on intermediaries is preferable. On November 19, Prime Minister Narendra Modi stated that the government would abolish three agriculture regulations that have sparked a year of demonstrations by farmers camped around Delhi's borders. The agricultural demonstrations will almost certainly be called off as a consequence of Modi's decision, with agitated leaders claiming triumph for forcing the government to reverse its policies. The purpose of enacting the three agricultural laws, according to the Prime Minister, was to empower farmers, particularly small farms. The three laws benefited farmers, and many farmers throughout India applauded them, but the government "couldn...

    NAME Yogi Adityanath Lok Sabha Constituency Gorakhpur Assumed Office 19th March 2017 Assets 95 lacs Criminal Cases (accused) 4 Offices Held Chief Minister of Uttar Pradesh, Member of Parliament D.O.B 5th June 1972 Education Qualification Bachelor’s Degree in Mathematics Yogi Adityanath, originally born as Ajay Mohan Bisht on 5 June 1972 is an Indian Monk and a politician who is serving as the 22 nd and current chief minister of Uttar Pradesh. A member of Bharatiya Janata Party (BJP), he has represented Gorakhpur in the Lok Sabha since 1998. Adityanath is the Mahant or head priest of the Gorakhnath Mutt, a Hindu temple in Gorakhpur, following the death of his spiritual "father," Mahant Avaidyanath in September 2014. Yogi also founded the “Hindu Yuva Vahini”. It is a social...

Paytm is one of the most well-known brands in India, particularly in the post-demonetization period. In the years after demonetization, the payments platform has grown at a breakneck pace. And it's for this reason that the company's IPO, India's largest ever, had everyone's eyes fixed to the stock market. The IPO, however, made news not for the amount of money collected, but for the dramatic drop in share price during trading on the Bombay Stock Exchange (BSE) on November 18. The offer price was Rs 2,150, but the shares were trading at 1,614 rupees each by the afternoon. The stock even dropped below the lower circuit limit of 1,564 rupees. When a stock reaches this level, the BSE bans investor purchases to that level or above. What went wrong? In India's online payments business, Paytm is the big fish. SoftBank and Ant Group are among its supporters, as are other major corporations with huge wallets. In India, the third-largest economy in Asia and a major worldwide ...

The Synopsis In view of the rising number of Initial Public Offerings (IPOs) flooding the public markets, the Securities and Exchange Board of India (SEBI) has produced a consultation paper. In recent years, the markets have seen three major trends: large-cap IPOs, many technology company listings, and a rise in the number of offers for sale compared to new stocks issues. The SEBI is primarily concerned with concerns that arise as a result of these three tendencies. Companies will be required to provide more disclosures. When a business needs more funding, it will issue more stock shares to investors. Companies must describe how the cash will be used in this situation. Asset-light technology enterprises, on the other hand, do not need funding for typical capital expenditures such as the construction of factories, showrooms, or other traditional capital expenditures. Instead, these organisations put their money towards things like client acquisition, brand promotion, expanding into new ...

The Synopsis Tata Sons went to the Delhi high court a few months back after discovering a fairly dubious plot. They were alerted to the fact that two businesses (located in the United Kingdom and the United States) were circulating crypto tokens under the name $Tata. And, although you would assume that this is a basic play on the Tata brand's popularity and goodwill, things aren't quite that simple. One of the defendants in the case maintained a website named www.hakunamatata.finance, which has a "tata" at the end of the name if you look closely. Hakuna Matata is also a Swahili expression that approximately translates to "don't worry." As a result of the phrase's popularity in the film "Lion King," there's another viewpoint worth considering. Tata Sons, on the other hand, claimed that both firms targeted Indian citizens while selling and buying this strange coin. A charity partner headquartered in India is mentioned in the whitepaper de...

The Synopsis Is it possible that the ease of shopping for garments online will persuade Indians to abandon the "try-before-you-buy" mentality? That was the wager made by Myntra in 2011. It has just shifted its focus from customised gifts to fashion. And it was successful. Myntra became India's top online fashion platform in only a few years. Flipkart came knocking in 2013. It wants to expand its fashion portfolio, so it bought Myntra. Myntra, on the other hand, continued to iterate. It transitioned from an inventory-led approach, in which they purchased garments from manufacturers before reselling it, to a marketplace one, in which over 3000 businesses could utilise the Myntra platform to present their offerings to buyers. It collaborated with Bollywood stars such as Hrithik Roshan to promote unique products (HRX). Mast & Harbour are two of its own private label brands. To further build its Bollywood cred, it teamed with superstars such as Deepika Padukone (All About ...