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DOW TIMES (ABOVE & BEYOND)
14 Jan, 00:58
*Dubai Is Getting a New $56,000-a-Year Private School From GEMS*
The School of Research and Innovation is set to open in August
The $100 million campus will have a helipad and robotics labs
By Nicolas Parasie
14 January 2025 at 04:00 GMT+8
One of the world’s largest operators of private schools is opening a new $100 million campus in Dubai where annual fees could reach as high as $56,000 as the company looks to capitalize on the influx of ultra-wealthy families that have made their way to the Gulf hub.
GEMS Education’s new 47,600-square-meter campus, which is set to open in August, will feature a 600-seat auditorium, an Olympic-sized pool and a football field that doubles as a helipad, according to a statement. Known as the School of Research and Innovation, students will also have access to robotics labs and go-kart engineering workshops, along with a 400-meter track to test their designs.
“The current ascendancy of Dubai, the UAE is pretty undeniable,” GEMS Chief Executive Officer Dino Varkey said in an interview. “As a consequence, the market has matured sufficiently to allow us to effectively create a new benchmark.”
At first, the school will only offer FS1 through year 6 of the British curriculum, meaning pupils would be of similar age to nursery and elementary school students in America. Tuition will start at $32,000 for the youngest children and rise to $41,000 when they reach year 6, which is typically when students are between 10 and 11 years old.
Eventually, GEMS plans to open up the school to students in years 7 through 12 as well and annual fees will reach $56,000 at that time. That would put it in the same price bracket as some of the world’s best-known private institutions such as Phillips Academy in Andover, Massachusetts, where tuition for day school students is roughly $57,000 a year.
“If you compare to some of the more expensive day schools around the world, we’d still be incredibly competitive and below those benchmarks,” Varkey said.
The price tag means it will be the most expensive school in a city that relies predominantly on foreign workers to drive its economy and where education costs are already among the highest globally. With a domestic education system that is largely off limits to expat children, private operators like GEMS are the norm.
GEMS was founded by an Indian family some six decades ago and has since morphed into one of the world’s largest providers of primary and secondary education. Last year, a consortium led by investment giant Brookfield Asset Management committed $2 billion to the business in one of the region’s largest private equity deals ever.
Dubai’s population has boomed since the pandemic, with foreigners from Russia to India and the West flocking to the emirate known for its year-round sunshine, low crime levels and favorable tax regime. The city has also attracted a growing cadre of hedge funds, crypto traders and bankers who are willing to pay premium prices for education.
Enrollments at the city’s private schools rose 6% during the current academic year, with 387,441 students now enrolled at 227 schools, according to a recent report from the government agency in charge of education.
“What we’ve seen over the course of the last three years in terms of the reallocation and relocation of families and wealth has been pretty apparent and visible,” Varkey said. The new school “would be targeting what we would think of as sort of the affluent parent body,” he said.
The steep cost of education in Dubai and soaring housing prices in recent years mean the city has become increasingly unaffordable for average-income households.
About 80% of families in the UAE, of which Dubai is part, are setting aside more than a third of their monthly income to pay for tuition, according to Alpen Capital. Some of them have even drained savings and resorted to personal loans to finance their child’s education.
https://www.bloomberg.com/news/articles/2025-01-13/uae-dubai-is-getting-a-new-56-000-a-year-private-school-from-gems
The School of Research and Innovation is set to open in August
The $100 million campus will have a helipad and robotics labs
By Nicolas Parasie
14 January 2025 at 04:00 GMT+8
One of the world’s largest operators of private schools is opening a new $100 million campus in Dubai where annual fees could reach as high as $56,000 as the company looks to capitalize on the influx of ultra-wealthy families that have made their way to the Gulf hub.
GEMS Education’s new 47,600-square-meter campus, which is set to open in August, will feature a 600-seat auditorium, an Olympic-sized pool and a football field that doubles as a helipad, according to a statement. Known as the School of Research and Innovation, students will also have access to robotics labs and go-kart engineering workshops, along with a 400-meter track to test their designs.
“The current ascendancy of Dubai, the UAE is pretty undeniable,” GEMS Chief Executive Officer Dino Varkey said in an interview. “As a consequence, the market has matured sufficiently to allow us to effectively create a new benchmark.”
At first, the school will only offer FS1 through year 6 of the British curriculum, meaning pupils would be of similar age to nursery and elementary school students in America. Tuition will start at $32,000 for the youngest children and rise to $41,000 when they reach year 6, which is typically when students are between 10 and 11 years old.
Eventually, GEMS plans to open up the school to students in years 7 through 12 as well and annual fees will reach $56,000 at that time. That would put it in the same price bracket as some of the world’s best-known private institutions such as Phillips Academy in Andover, Massachusetts, where tuition for day school students is roughly $57,000 a year.
“If you compare to some of the more expensive day schools around the world, we’d still be incredibly competitive and below those benchmarks,” Varkey said.
The price tag means it will be the most expensive school in a city that relies predominantly on foreign workers to drive its economy and where education costs are already among the highest globally. With a domestic education system that is largely off limits to expat children, private operators like GEMS are the norm.
GEMS was founded by an Indian family some six decades ago and has since morphed into one of the world’s largest providers of primary and secondary education. Last year, a consortium led by investment giant Brookfield Asset Management committed $2 billion to the business in one of the region’s largest private equity deals ever.
Dubai’s population has boomed since the pandemic, with foreigners from Russia to India and the West flocking to the emirate known for its year-round sunshine, low crime levels and favorable tax regime. The city has also attracted a growing cadre of hedge funds, crypto traders and bankers who are willing to pay premium prices for education.
Enrollments at the city’s private schools rose 6% during the current academic year, with 387,441 students now enrolled at 227 schools, according to a recent report from the government agency in charge of education.
“What we’ve seen over the course of the last three years in terms of the reallocation and relocation of families and wealth has been pretty apparent and visible,” Varkey said. The new school “would be targeting what we would think of as sort of the affluent parent body,” he said.
The steep cost of education in Dubai and soaring housing prices in recent years mean the city has become increasingly unaffordable for average-income households.
About 80% of families in the UAE, of which Dubai is part, are setting aside more than a third of their monthly income to pay for tuition, according to Alpen Capital. Some of them have even drained savings and resorted to personal loans to finance their child’s education.
https://www.bloomberg.com/news/articles/2025-01-13/uae-dubai-is-getting-a-new-56-000-a-year-private-school-from-gems
DOW TIMES (ABOVE & BEYOND)
12 Jan, 15:40
*What Is the U.K. ‘Grooming Gang’ Scandal Seized On by Elon Musk?*
The billionaire tech mogul has been posting on his social media platform about a decade-old child sex abuse scandal in Britain. Here’s what to know.
By Megan Specia,
Reporting from London for The New York Times
Published Jan. 7, 2025
Elon Musk, the billionaire tech mogul, has flung himself into British politics in recent weeks, using his social media platform X to attack and spread misinformation about Prime Minister Keir Starmer and other members of the Labour government.
In a series of vitriolic posts to his 211 million followers in recent days, Mr. Musk has falsely accused Mr. Starmer and other Labour Party lawmakers of enabling Britain’s so-called grooming gangs. The phrase refers to a decade-old scandal involving a series of child sex abuse cases in which girls were assaulted and raped by gangs of men in several towns and cities. Most of the perpetrators were of British Pakistani heritage.
Mr. Musk’s posts included multiple inaccuracies and treated a widely covered issue as if it had never been mentioned. But the posts nevertheless cast the spotlight back onto a painful child sexual exploitation scandal that troubled Britain and has long provoked heated debate on issues of race, immigration and abuse.
Here’s what you need to know:
What was the grooming gangs scandal?
What do we know about ethnicity and sexual abuse?
When did Mr. Musk begin talking about this?
What role did Keir Starmer play?
What has happened since the abuse cases first emerged?
*What was the grooming gangs scandal?*
In 2011, The Times of London published a series of investigative articles on the sexual exploitation of girls by criminal gangs in England’s north and Midlands from 1997 onward. One detective at the time, chief inspector Alan Edwards, told the paper: “Everyone’s been too scared to address the ethnicity factor.” The cases came to be known as the “grooming gangs” scandal.
In 2014, the findings of a yearslong official investigation into such abuse in the northern English town of Rotherham set off a national reckoning. At least 1,400 children, some as young as 11, were found to have been groomed for sexual exploitation between 1997 and 2013, while the local authorities looked the other way for years. Similar gangs were also found to be operating in other towns and cities in England.
The grooming in Rotherham, population 257,000, tended to follow a similar pattern: the courting of the girls by young men in public places like town centers and shopping malls; the gradual introduction of alcohol and other drugs; then a sexual relationship with one man, who demanded that the girl prove her love by having sex with his friends.
The local government report found that victims and parents who asked for help were mostly let down by the police and social services. Some police officers were found to have referred to victims as “tarts” and to the girls’ abuse as a “lifestyle choice.”
The case was highly combustible because of the racial contrast between the victims, who in the Rotherham case were mostly white, and the perpetrators. Prosecutions in Oxford and the northern towns of Oldham and Rochdale in 2012 for the abuse of dozens of girls included men of Pakistani, Bangladeshi and Afghan heritage who received long prison terms.
*What do we know about ethnicity and sexual abuse?*
Experts say data on child sexual abuse should be treated with caution because many victims never come forward, or do so years afterward. Still, data on the ethnicity of child sexual abuse victims and perpetrators was released by the Labour government in November — the first of its kind published by any British government — showing that 83 percent of perpetrators convicted in 2023 were white and 7 percent were Asian, broadly in line with the country’s overall demographics. (In official U.K. statistics, “Asian” is a very broad term that can refer to people with Indian, Pakistani, Bangladeshi or Chinese heritage, or from other parts of South Asia.)
The billionaire tech mogul has been posting on his social media platform about a decade-old child sex abuse scandal in Britain. Here’s what to know.
By Megan Specia,
Reporting from London for The New York Times
Published Jan. 7, 2025
Elon Musk, the billionaire tech mogul, has flung himself into British politics in recent weeks, using his social media platform X to attack and spread misinformation about Prime Minister Keir Starmer and other members of the Labour government.
In a series of vitriolic posts to his 211 million followers in recent days, Mr. Musk has falsely accused Mr. Starmer and other Labour Party lawmakers of enabling Britain’s so-called grooming gangs. The phrase refers to a decade-old scandal involving a series of child sex abuse cases in which girls were assaulted and raped by gangs of men in several towns and cities. Most of the perpetrators were of British Pakistani heritage.
Mr. Musk’s posts included multiple inaccuracies and treated a widely covered issue as if it had never been mentioned. But the posts nevertheless cast the spotlight back onto a painful child sexual exploitation scandal that troubled Britain and has long provoked heated debate on issues of race, immigration and abuse.
Here’s what you need to know:
What was the grooming gangs scandal?
What do we know about ethnicity and sexual abuse?
When did Mr. Musk begin talking about this?
What role did Keir Starmer play?
What has happened since the abuse cases first emerged?
*What was the grooming gangs scandal?*
In 2011, The Times of London published a series of investigative articles on the sexual exploitation of girls by criminal gangs in England’s north and Midlands from 1997 onward. One detective at the time, chief inspector Alan Edwards, told the paper: “Everyone’s been too scared to address the ethnicity factor.” The cases came to be known as the “grooming gangs” scandal.
In 2014, the findings of a yearslong official investigation into such abuse in the northern English town of Rotherham set off a national reckoning. At least 1,400 children, some as young as 11, were found to have been groomed for sexual exploitation between 1997 and 2013, while the local authorities looked the other way for years. Similar gangs were also found to be operating in other towns and cities in England.
The grooming in Rotherham, population 257,000, tended to follow a similar pattern: the courting of the girls by young men in public places like town centers and shopping malls; the gradual introduction of alcohol and other drugs; then a sexual relationship with one man, who demanded that the girl prove her love by having sex with his friends.
The local government report found that victims and parents who asked for help were mostly let down by the police and social services. Some police officers were found to have referred to victims as “tarts” and to the girls’ abuse as a “lifestyle choice.”
The case was highly combustible because of the racial contrast between the victims, who in the Rotherham case were mostly white, and the perpetrators. Prosecutions in Oxford and the northern towns of Oldham and Rochdale in 2012 for the abuse of dozens of girls included men of Pakistani, Bangladeshi and Afghan heritage who received long prison terms.
*What do we know about ethnicity and sexual abuse?*
Experts say data on child sexual abuse should be treated with caution because many victims never come forward, or do so years afterward. Still, data on the ethnicity of child sexual abuse victims and perpetrators was released by the Labour government in November — the first of its kind published by any British government — showing that 83 percent of perpetrators convicted in 2023 were white and 7 percent were Asian, broadly in line with the country’s overall demographics. (In official U.K. statistics, “Asian” is a very broad term that can refer to people with Indian, Pakistani, Bangladeshi or Chinese heritage, or from other parts of South Asia.)
DOW TIMES (ABOVE & BEYOND)
12 Jan, 15:40
*What has happened since the abuse cases first emerged?*
The issue of grooming gangs has been the subject of numerous local and national investigations and reports in Britain since the early 2010s.
Beginning in 2015, a national public inquiry funded by the government held more than 300 days of hearings. Ultimately, it carried out 15 investigations, including into networks of abusers and abuse in schools and church settings.
A February 2022 report found that child sexual exploitation by organized networks remained a major issue nationally. The final inquiry report in October 2022 set out 20 recommendations for protecting children but the then-Conservative government acted on very few of them. In a statement this week, the Home Office said it was “working at pace” to implement them.
Prof. Alexis Jay, who led both the national review and the 2014 Rotherham inquiry, told the BBC on Tuesday that “people should get on with” implementing her recommendations. “We’ve had enough of inquiries, consultations and discussions,” she said, “especially for the victims and survivors who’ve had the courage to come forward.”
_Megan Specia reports on Britain, Ireland and the Ukraine war for The Times. She is based in London._
The issue of grooming gangs has been the subject of numerous local and national investigations and reports in Britain since the early 2010s.
Beginning in 2015, a national public inquiry funded by the government held more than 300 days of hearings. Ultimately, it carried out 15 investigations, including into networks of abusers and abuse in schools and church settings.
A February 2022 report found that child sexual exploitation by organized networks remained a major issue nationally. The final inquiry report in October 2022 set out 20 recommendations for protecting children but the then-Conservative government acted on very few of them. In a statement this week, the Home Office said it was “working at pace” to implement them.
Prof. Alexis Jay, who led both the national review and the 2014 Rotherham inquiry, told the BBC on Tuesday that “people should get on with” implementing her recommendations. “We’ve had enough of inquiries, consultations and discussions,” she said, “especially for the victims and survivors who’ve had the courage to come forward.”
_Megan Specia reports on Britain, Ireland and the Ukraine war for The Times. She is based in London._
DOW TIMES (ABOVE & BEYOND)
12 Jan, 15:40
Nazir Afzal, the chief prosecutor for the North West England region from 2011-2015, himself of Pakistani heritage, said in 2015: “There is no getting away from the fact that there are Pakistani gangs grooming vulnerable girls.”
He went on to say that South Asians were “disproportionately involved” in specific types of street grooming that were highlighted by the cases in Rotherham, Rochdale and elsewhere, although more common types of child sexual abuse nationally are predominantly carried out by white British men.
The racial element of these high-profile cases became a common right-wing talking point, even as experts noted that ethnicity is not a predictor of a propensity to abuse children, and widespread child abuse was long covered up in other communities and institutions including the Roman Catholic Church. The trope has also been weaponized by the far right, including by terrorists. The white supremacist who killed 51 people in two mosques in New Zealand in 2019 carried a gun marked with the words “For Rotherham.”
*When did Mr. Musk begin talking about this?*
In October, Jess Phillips, a Labour lawmaker and minister for safeguarding, rejected a request from the local government in Oldham, a town near Manchester, for a national public inquiry into child sexual exploitation in the area in the 2000s and 2010s. A 2022 report commissioned by the Labour mayor of Manchester, Andy Burnham, found that children were failed by the police and local authorities in Oldham between 2011 and 2014.
Ms. Phillips, who has spent much of her career fighting for women and victims of sexual violence, said the local council, the governing body for the town, should instead commission a local inquiry, as a number of other towns had done.
Her response was seized on last week by GB News, a hard-right network, which ran an online story headlined: “Labour REJECTS Oldham’s call for Government inquiry into grooming gangs scandal.”
A short time later, Mr. Musk weighed in, calling Ms. Phillips a “rape genocide apologist” and a “witch” who “deserves to be in prison,” and smearing Mr. Starmer as being complicit in the scandal.
The leader of Oldham Council, Arooj Shah, said in a statement that the council began setting up its inquiry in October. “We’re working closely with survivors and survivors’ families to ensure they don’t just have a voice, but will have a central role in developing this inquiry,” she said. “We expect terms of reference to be agreed in the coming months.”
*What role did Keir Starmer play?*
Mr. Musk has said that Mr. Starmer, whose Labour Party won a landslide election victory in July, “must go” and falsely claimed that Mr. Starmer was “deeply complicit in the mass rapes in exchange for votes.”
Before entering politics in 2015, Mr. Starmer served as Britain’s chief prosecutor from 2008 to 2013, when the issue of grooming gangs erupted into the national spotlight.
While in that role, Mr. Starmer oversaw the prosecution of a grooming gang in Rochdale, made up of mostly men of South Asian heritage. At a news conference on Monday, Mr. Starmer called child sexual exploitation “utterly sick” and said that too many victims had been let down “by perverse ideas about community relations or by the idea that institutions must be protected above all else.”
He added: “When I was chief prosecutor for five years, I tackled this head on because I could see what was happening. When I left office, we had the highest number of child sexual abuse cases being prosecuted on record.”
Mr. Starmer and his colleague at the Crown Prosecution Service, Mr. Afzal, were praised in a 2013 parliamentary report published under a previous Conservative-led government. “Mr. Starmer has striven to improve the treatment of victims of sexual assault within the criminal justice system throughout his term,” the report said, adding that his “response should provide a model to the other agencies involved in tackling localized grooming.”
He went on to say that South Asians were “disproportionately involved” in specific types of street grooming that were highlighted by the cases in Rotherham, Rochdale and elsewhere, although more common types of child sexual abuse nationally are predominantly carried out by white British men.
The racial element of these high-profile cases became a common right-wing talking point, even as experts noted that ethnicity is not a predictor of a propensity to abuse children, and widespread child abuse was long covered up in other communities and institutions including the Roman Catholic Church. The trope has also been weaponized by the far right, including by terrorists. The white supremacist who killed 51 people in two mosques in New Zealand in 2019 carried a gun marked with the words “For Rotherham.”
*When did Mr. Musk begin talking about this?*
In October, Jess Phillips, a Labour lawmaker and minister for safeguarding, rejected a request from the local government in Oldham, a town near Manchester, for a national public inquiry into child sexual exploitation in the area in the 2000s and 2010s. A 2022 report commissioned by the Labour mayor of Manchester, Andy Burnham, found that children were failed by the police and local authorities in Oldham between 2011 and 2014.
Ms. Phillips, who has spent much of her career fighting for women and victims of sexual violence, said the local council, the governing body for the town, should instead commission a local inquiry, as a number of other towns had done.
Her response was seized on last week by GB News, a hard-right network, which ran an online story headlined: “Labour REJECTS Oldham’s call for Government inquiry into grooming gangs scandal.”
A short time later, Mr. Musk weighed in, calling Ms. Phillips a “rape genocide apologist” and a “witch” who “deserves to be in prison,” and smearing Mr. Starmer as being complicit in the scandal.
The leader of Oldham Council, Arooj Shah, said in a statement that the council began setting up its inquiry in October. “We’re working closely with survivors and survivors’ families to ensure they don’t just have a voice, but will have a central role in developing this inquiry,” she said. “We expect terms of reference to be agreed in the coming months.”
*What role did Keir Starmer play?*
Mr. Musk has said that Mr. Starmer, whose Labour Party won a landslide election victory in July, “must go” and falsely claimed that Mr. Starmer was “deeply complicit in the mass rapes in exchange for votes.”
Before entering politics in 2015, Mr. Starmer served as Britain’s chief prosecutor from 2008 to 2013, when the issue of grooming gangs erupted into the national spotlight.
While in that role, Mr. Starmer oversaw the prosecution of a grooming gang in Rochdale, made up of mostly men of South Asian heritage. At a news conference on Monday, Mr. Starmer called child sexual exploitation “utterly sick” and said that too many victims had been let down “by perverse ideas about community relations or by the idea that institutions must be protected above all else.”
He added: “When I was chief prosecutor for five years, I tackled this head on because I could see what was happening. When I left office, we had the highest number of child sexual abuse cases being prosecuted on record.”
Mr. Starmer and his colleague at the Crown Prosecution Service, Mr. Afzal, were praised in a 2013 parliamentary report published under a previous Conservative-led government. “Mr. Starmer has striven to improve the treatment of victims of sexual assault within the criminal justice system throughout his term,” the report said, adding that his “response should provide a model to the other agencies involved in tackling localized grooming.”
DOW TIMES (ABOVE & BEYOND)
12 Jan, 13:05
https://x.com/wealthsolitaire/status/1878308118754742679?s=48
DOW TIMES (ABOVE & BEYOND)
12 Jan, 13:04
https://bhkvoice.com/news/news/stock-markets-have-corrupted-mumbais-real-estate-business-it-must-stop-before-its-too-late
DOW TIMES (ABOVE & BEYOND)
12 Jan, 03:54
Avenue Supermarts Q3 net profit up 4.8% - https://www.thehindubusinessline.com/companies/avenue-supermarts-q3-net-profit-up-48/article69089585.ece, For the best experience read this on BusinessLine App. https://thbl.news/mobileapp
DOW TIMES (ABOVE & BEYOND)
12 Jan, 03:54
Sebi may revise ₹500 cr derivative exposure limit for institutional investors
https://www.livemint.com/market/stock-market-news/sebi-derivatives-f-o-position-exposure-open-interest-limits-institutional-investors-ananth-narayan-samvad-nifty-11736598211026.html
Download Live Mint app today for latest Business News, click here. https://mintiphone.page.link/x9HN
https://www.livemint.com/market/stock-market-news/sebi-derivatives-f-o-position-exposure-open-interest-limits-institutional-investors-ananth-narayan-samvad-nifty-11736598211026.html
Download Live Mint app today for latest Business News, click here. https://mintiphone.page.link/x9HN
DOW TIMES (ABOVE & BEYOND)
12 Jan, 03:54
https://mybs.in/2ejt5eA
Download the BS App https://mybs.in/apps for more insights.
Download the BS App https://mybs.in/apps for more insights.
DOW TIMES (ABOVE & BEYOND)
12 Jan, 03:54
https://mybs.in/2ejt5ZD
Download the BS App https://mybs.in/apps for more insights.
Download the BS App https://mybs.in/apps for more insights.
DOW TIMES (ABOVE & BEYOND)
12 Jan, 03:53
Stock-specific focus needed in broader market, largecaps likely to outperform this quarter: Mayuresh Joshi
https://economictimes.indiatimes.com/markets/expert-view/stock-specific-focus-needed-in-broader-market-largecaps-likely-to-outperform-this-quarter-mayuresh-joshi/articleshow/117120968.cms
Download Economic Times App to stay updated with Business News -
https://etapp.onelink.me/tOvY/135dde21
https://economictimes.indiatimes.com/markets/expert-view/stock-specific-focus-needed-in-broader-market-largecaps-likely-to-outperform-this-quarter-mayuresh-joshi/articleshow/117120968.cms
Download Economic Times App to stay updated with Business News -
https://etapp.onelink.me/tOvY/135dde21
DOW TIMES (ABOVE & BEYOND)
28 Dec, 20:50
*Musk’s Immigration Fight With Trump Allies Engulfs Social Media*
Clash over skilled worker visas illustrates rift within base
Some conservatives accuse X of censorship in H-1B fight
By Justin Sink
28 December 2024 at 02:32 GMT+5:30
A heated online debate over immigration policy exposed a growing rift between Donald Trump’s Silicon Valley supporters – including billionaire adviser Elon Musk – and his ardently anti-immigration base, previewing the difficult and sometimes-contradictory demands the president-elect is facing over his signature policy issue.
Social media platforms – including Musk’s X – were ablaze over the holiday week as technology executives who had backed Trump’s campaign voiced their desire to increase the number of high-skilled visas available to foreign workers, only to draw conservative criticism.
The president-elect himself remained outside the fray, content to let his supporters trade barbs. But the dispute underscored a central tension between Trump’s populist base and his corporate backers that’s likely to surface throughout his second term, beyond immigration to fights over taxes, trade, and government spending.
The immigration controversy originated after Laura Loomer, a far-right activist with longstanding ties to the president-elect, criticized his decision to name India-born investor Sriram Krishnan as a senior policy adviser on artificial intelligence. Loomer assailed previous comments by Krishnan advocating for increased access to green cards and skilled worker visas, calling the effort antithetical to Trump’s “America First” effort.
That prompted pushback from Musk and Vivek Ramaswamy, who have been tapped by Trump to run a government efficiency panel. The two argued that US companies needed to recruit top talent from across the world to remain competitive.
“There is a permanent shortage of excellent engineering talent. It is the fundamental limiting factor in Silicon Valley,” Musk, who himself utilized an H-1B high-skilled visa to work in the US, wrote on X. He went on to compare engineers to foreign NBA stars like France’s Victor Wembanyama and Serbia’s Nikola Jokić.
‘More books, less TV’
Ramaswamy drew particular attention for a post arguing that “American culture has venerated mediocrity over excellence” and that a country that “celebrates the prom queen over the math olympiad champ, or the jock over the valedictorian, will not produce the best engineers.”
The post, which also disparaged the glorification of slacker characters in 1990s television sitcoms, went on to encourage: “More weekend science competitions, fewer Saturday morning cartoons. More books, less TV.”
The remarks drew disapproval from across the political spectrum, with former UN Ambassador Nikki Haley posting that there was “nothing wrong with American workers or American culture.”
“We should be investing and prioritizing in Americans, not foreign workers,” she continued.
Subsequently, some conservative activists – including Loomer, New York Young Republican Club President Gavin Wax and InfoWars host Owen Shroyer – claimed their verification badges on X had disappeared, suggesting Musk had punished them over the flap.
Musk did not comment directly on the allegation, but did post that the social media platform’s algorithm “is trying to maximize unregretted user-seconds” and that users’ reach “will decline significantly” if they were blocked or muted by “more credible, verified subscriber accounts.”
*Kushner Plan*
The controversy echoed many of the themes that derailed efforts to overhaul the immigration system during Trump’s first term in office and may ultimately frame how the incoming administration approaches the issue.
During Trump’s first term, his son-in-law, Jared Kushner, drafted a plan that maintained green card levels but eliminated an existing lottery system and preferential treatment for immigrants with family already inside the US in favor of a points-based system that would prioritize high-skilled workers.
Clash over skilled worker visas illustrates rift within base
Some conservatives accuse X of censorship in H-1B fight
By Justin Sink
28 December 2024 at 02:32 GMT+5:30
A heated online debate over immigration policy exposed a growing rift between Donald Trump’s Silicon Valley supporters – including billionaire adviser Elon Musk – and his ardently anti-immigration base, previewing the difficult and sometimes-contradictory demands the president-elect is facing over his signature policy issue.
Social media platforms – including Musk’s X – were ablaze over the holiday week as technology executives who had backed Trump’s campaign voiced their desire to increase the number of high-skilled visas available to foreign workers, only to draw conservative criticism.
The president-elect himself remained outside the fray, content to let his supporters trade barbs. But the dispute underscored a central tension between Trump’s populist base and his corporate backers that’s likely to surface throughout his second term, beyond immigration to fights over taxes, trade, and government spending.
The immigration controversy originated after Laura Loomer, a far-right activist with longstanding ties to the president-elect, criticized his decision to name India-born investor Sriram Krishnan as a senior policy adviser on artificial intelligence. Loomer assailed previous comments by Krishnan advocating for increased access to green cards and skilled worker visas, calling the effort antithetical to Trump’s “America First” effort.
That prompted pushback from Musk and Vivek Ramaswamy, who have been tapped by Trump to run a government efficiency panel. The two argued that US companies needed to recruit top talent from across the world to remain competitive.
“There is a permanent shortage of excellent engineering talent. It is the fundamental limiting factor in Silicon Valley,” Musk, who himself utilized an H-1B high-skilled visa to work in the US, wrote on X. He went on to compare engineers to foreign NBA stars like France’s Victor Wembanyama and Serbia’s Nikola Jokić.
‘More books, less TV’
Ramaswamy drew particular attention for a post arguing that “American culture has venerated mediocrity over excellence” and that a country that “celebrates the prom queen over the math olympiad champ, or the jock over the valedictorian, will not produce the best engineers.”
The post, which also disparaged the glorification of slacker characters in 1990s television sitcoms, went on to encourage: “More weekend science competitions, fewer Saturday morning cartoons. More books, less TV.”
The remarks drew disapproval from across the political spectrum, with former UN Ambassador Nikki Haley posting that there was “nothing wrong with American workers or American culture.”
“We should be investing and prioritizing in Americans, not foreign workers,” she continued.
Subsequently, some conservative activists – including Loomer, New York Young Republican Club President Gavin Wax and InfoWars host Owen Shroyer – claimed their verification badges on X had disappeared, suggesting Musk had punished them over the flap.
Musk did not comment directly on the allegation, but did post that the social media platform’s algorithm “is trying to maximize unregretted user-seconds” and that users’ reach “will decline significantly” if they were blocked or muted by “more credible, verified subscriber accounts.”
*Kushner Plan*
The controversy echoed many of the themes that derailed efforts to overhaul the immigration system during Trump’s first term in office and may ultimately frame how the incoming administration approaches the issue.
During Trump’s first term, his son-in-law, Jared Kushner, drafted a plan that maintained green card levels but eliminated an existing lottery system and preferential treatment for immigrants with family already inside the US in favor of a points-based system that would prioritize high-skilled workers.
DOW TIMES (ABOVE & BEYOND)
28 Dec, 20:50
But that effort failed to gain traction on Capitol Hill, in part because some immigration hawks wanted tougher requirements on businesses to verify the eligibility of their workers.
Earlier this year, Trump offered a decidedly more open approach to visas when prompted during a podcast interview with venture capitalists David Sacks, Chamath Palihapitiya and Jason Calacanis and entrepreneur David Friedberg.
“You graduate from a college, I think you should get automatically as part of your diploma a green card to be able to stay in this country and that includes junior colleges too,” Trump said.
*Malleable Trump*
Trump spokeswoman Karoline Leavitt issued a statement at the time saying the offer “would only apply to the most thoroughly vetted college graduates who would never undercut American wages or workers.”
A Trump transition spokesperson pointed to a post on X from Trump adviser Stephen Miller that highlighted past American cultural and technological achievements in response to a request for comment on the current controversy.
Still, the episode underscored Trump’s malleability on policy specifics, and the incentives for supporters to publicly lobby him on immigration policy.
On social media, allies like Sacks — whom Trump has tapped to be his AI and crypto czar — looked to head off the controversy and shield Krishnan.
“These attacks have become crude, and not in the holiday spirit,” Sacks wrote.
_— With assistance from Hadriana Lowenkron_
https://www.bloomberg.com/news/articles/2024-12-27/musk-s-immigration-fight-with-trump-allies-engulfs-social-media
Earlier this year, Trump offered a decidedly more open approach to visas when prompted during a podcast interview with venture capitalists David Sacks, Chamath Palihapitiya and Jason Calacanis and entrepreneur David Friedberg.
“You graduate from a college, I think you should get automatically as part of your diploma a green card to be able to stay in this country and that includes junior colleges too,” Trump said.
*Malleable Trump*
Trump spokeswoman Karoline Leavitt issued a statement at the time saying the offer “would only apply to the most thoroughly vetted college graduates who would never undercut American wages or workers.”
A Trump transition spokesperson pointed to a post on X from Trump adviser Stephen Miller that highlighted past American cultural and technological achievements in response to a request for comment on the current controversy.
Still, the episode underscored Trump’s malleability on policy specifics, and the incentives for supporters to publicly lobby him on immigration policy.
On social media, allies like Sacks — whom Trump has tapped to be his AI and crypto czar — looked to head off the controversy and shield Krishnan.
“These attacks have become crude, and not in the holiday spirit,” Sacks wrote.
_— With assistance from Hadriana Lowenkron_
https://www.bloomberg.com/news/articles/2024-12-27/musk-s-immigration-fight-with-trump-allies-engulfs-social-media
DOW TIMES (ABOVE & BEYOND)
28 Dec, 20:43
*The Satanic Verses Unbanned*
A Delhi High Court order leads to Salman Rushdie's novel coming on a bookseller’s shelves after 36 years
By Madhavankutty Pillai |
27 Dec, 2024
It was a book that led to a bounty on the author’s life by a theocracy that had not read it. It was a book banned in India by people who had not read it, and even if they did, wouldn’t have made any difference to that decision. And it is still a book reviled by hundreds of millions who have no idea what it contains. It took 36 years for the ‘unbanning’ of The Satanic Verses and some theatre of the absurd for it to happen. The order by a two bench judge came in early November. This week a bookseller in Delhi put up copies for sale and struck one little note of victory for a writer’s imagination in a world that lives in a state of confusion over this value.
The Satanic Verses ban in 1986 was by way of prohibiting import of the copies through a Customs notification. It could be published domestically but no one would do that considering the riots and protests that had happened at the time. In 2019, a petition was filed in court over the import restriction but when the government was asked to present the notification, it professed inability to find it. The Delhi High court order stated: ‘Learned counsel for the petitioner submits that the petitioner has been compelled to approach this Court as he was unable to import the book “The Satanic Verses” by Salman Rushdie on account of it being banned by the respondent no.3 vide Custom Notification No. 405/12/88-CUSIII dated 05.10.1988. However, the said notification is neither available on any of the respondent’s website or is available with any of the respondents. In fact, the respondents have also been unable to produce/ file it before this Court.’ The court added that it had no other option but ’to presume that no such notification exists’ and so the petitioner was free to import it.
That seems to suggest that despite the precise date and the order number, no ban ever existed in India at all. Except that it did because no Indian could get his hands on a copy legally in the country for close to four decades. Other had avenues up though. The internet happened and one could, with a little effort, either buy an online copy or download a pirated one, from foreign shores to read it. But a ban is not just about preventing access but to show the limits of free speech, about territories where it is not allowed to enter.
After the Delhi high court order, Bahrisons put up copies of The Satanic Verses on its shelves and also posted on X: ‘Salman Rushdie’s The Satanic Verses is now in stock at Bahrisons Booksellers! This groundbreaking & provocative novel has captivated readers for decades with its imaginative storytelling and bold themes. It has also been at the center of intense global controversy since its release, sparking debates on free expression, faith, & art. Whether you’re discovering it for the first time or revisiting its pages, this literary triumph is one that challenges and inspires.’ Already, some organisations are threatening to protest and are asking for a resumption of the ban, which will be a little tricky given that legally it didn’t exist in the first place. Other booksellers are meanwhile yet to begin importing and selling the book. Maybe they will once they see safety in it. And then maybe it will be published domestically. But one bookshelf is enough to make a statement for now.
https://openthemagazine.com/lounge/books/the-satanic-verses-the-unbanning/
A Delhi High Court order leads to Salman Rushdie's novel coming on a bookseller’s shelves after 36 years
By Madhavankutty Pillai |
27 Dec, 2024
It was a book that led to a bounty on the author’s life by a theocracy that had not read it. It was a book banned in India by people who had not read it, and even if they did, wouldn’t have made any difference to that decision. And it is still a book reviled by hundreds of millions who have no idea what it contains. It took 36 years for the ‘unbanning’ of The Satanic Verses and some theatre of the absurd for it to happen. The order by a two bench judge came in early November. This week a bookseller in Delhi put up copies for sale and struck one little note of victory for a writer’s imagination in a world that lives in a state of confusion over this value.
The Satanic Verses ban in 1986 was by way of prohibiting import of the copies through a Customs notification. It could be published domestically but no one would do that considering the riots and protests that had happened at the time. In 2019, a petition was filed in court over the import restriction but when the government was asked to present the notification, it professed inability to find it. The Delhi High court order stated: ‘Learned counsel for the petitioner submits that the petitioner has been compelled to approach this Court as he was unable to import the book “The Satanic Verses” by Salman Rushdie on account of it being banned by the respondent no.3 vide Custom Notification No. 405/12/88-CUSIII dated 05.10.1988. However, the said notification is neither available on any of the respondent’s website or is available with any of the respondents. In fact, the respondents have also been unable to produce/ file it before this Court.’ The court added that it had no other option but ’to presume that no such notification exists’ and so the petitioner was free to import it.
That seems to suggest that despite the precise date and the order number, no ban ever existed in India at all. Except that it did because no Indian could get his hands on a copy legally in the country for close to four decades. Other had avenues up though. The internet happened and one could, with a little effort, either buy an online copy or download a pirated one, from foreign shores to read it. But a ban is not just about preventing access but to show the limits of free speech, about territories where it is not allowed to enter.
After the Delhi high court order, Bahrisons put up copies of The Satanic Verses on its shelves and also posted on X: ‘Salman Rushdie’s The Satanic Verses is now in stock at Bahrisons Booksellers! This groundbreaking & provocative novel has captivated readers for decades with its imaginative storytelling and bold themes. It has also been at the center of intense global controversy since its release, sparking debates on free expression, faith, & art. Whether you’re discovering it for the first time or revisiting its pages, this literary triumph is one that challenges and inspires.’ Already, some organisations are threatening to protest and are asking for a resumption of the ban, which will be a little tricky given that legally it didn’t exist in the first place. Other booksellers are meanwhile yet to begin importing and selling the book. Maybe they will once they see safety in it. And then maybe it will be published domestically. But one bookshelf is enough to make a statement for now.
https://openthemagazine.com/lounge/books/the-satanic-verses-the-unbanning/
DOW TIMES (ABOVE & BEYOND)
28 Dec, 20:18
DoW TP 900 in 1 year
https://www.dsij.in/dsijarticledetail/articleid/45188/artmid/10163/preview/true
https://www.dsij.in/dsijarticledetail/articleid/45188/artmid/10163/preview/true
DOW TIMES (ABOVE & BEYOND)
28 Dec, 20:14
⏩CAN MAKE NEW HIGH
Trident Techlabs to acquire 60% stake in semiconductor company Sivaltech https://finance.yahoo.com/news/trident-techlabs-acquire-60-stake-104552210.html
Trident Techlabs to acquire 60% stake in semiconductor company Sivaltech https://finance.yahoo.com/news/trident-techlabs-acquire-60-stake-104552210.html
DOW TIMES (ABOVE & BEYOND)
28 Dec, 03:17
*What a World Growing Older Fast Means for Investing*
A growing number of money managers say it’s time to get portfolios ready for a population shift
By Alice Atkins and Sujata Rao
21 May 2024 at 14:30 GMT+5:30
Idanna Appio spent 15 years at the Federal Reserve Bank of New York analysing the history of sovereign debt crises. Now, as a fund manager at the $138 billion First Eagle Investments, she’s reached a conclusion: US Treasury bonds are too risky to hold.
The call looks far beyond the timing of much-anticipated Federal Reserve rate cuts. It’s tied to a new era of faster inflation, higher government health spending and bigger deficits. And behind all of that? The fact that the world is getting older, fast, and it’s time to get portfolios ready.
Rather than buying what’s deemed the world’s safest asset to balance out her equity and credit holdings, Appio is adding gold. Yields on long-dated Treasuries just don’t offer enough compensation, she reckons, pointing to the surge in US government borrowing that many fear could precipitate a debt crisis in the coming years.
Appio’s strategy is to eschew longer-dated bonds, which could take the hardest knock if burgeoning age-related state spending worsens the public debt picture. Other big money managers, including BlackRock Inc., Royal London Asset Management and Germany’s DWS Group, are also looking at ways to invest – and protect — clients’ money in such an environment.
The impact on financial markets will be felt across asset classes and geographies, and there’s no one-size-fits-all solution. But many of the strategies being put in place to trade the graying of the world reflect inflationary concerns: Fewer bonds, more stocks and commodities. What’s also clear is that it’s a challenge that can’t be postponed.
“We think of demographics as a slow-moving train and it’s not,” said Erik Weisman, a portfolio manager at the $607 billion MFS Investment Management in Boston. “It’s a train that’s barreling toward us and if you don’t get off the tracks you’re going to get run over.”
Weisman is among those coming around to the view that as birth rates fall and populations age, companies will have to fight for workers, boosting wages. For him, it means positioning for interest rates — and bond yields — that will potentially be higher in the coming years than many currently expect.
Recent evidence backs up the calls for urgency. South Korea’s birth rate is at a record low, both Italy and Germany have reported declining numbers, and there have been warnings from BlackRock Chief Executive Officer Larry Fink and investor Stanley Druckenmiller of a looming retirement crisis. When Fitch downgraded the US last year, it cited the costs of an aging population among its reasons.
The US is running “very high debt levels and we’re just about to hit a lot of these aging-related challenges that are unfunded,” Appio said. Yields on longer-dated Treasuries are “really not compensating for the longer term risk.”
*Inflation Buffer*
The inflation case is partly built on a simple idea of more old people spending, fewer young people producing. Given that view — not universal, but widely held — certain asset classes are attracting particular attention.
Royal London Asset Management is leaning into equity and commodity markets rather than debt. Trevor Greetham, head of multi-asset at the $205 billion asset manager favors commodities, commercial property and the resource-heavy UK equity market to safeguard his portfolio in a world with aging populations and higher inflation.
“We absolutely think about the inflationary consequences of demographics in our strategic asset allocation,” Greetham said.
Inflation tends to hurt bond investors by eroding the value of their holdings over time. That's because the fixed coupon income is worth less in real terms each year, while the bond itself can depreciate if central banks tighten policy to quell price pressures.
A growing number of money managers say it’s time to get portfolios ready for a population shift
By Alice Atkins and Sujata Rao
21 May 2024 at 14:30 GMT+5:30
Idanna Appio spent 15 years at the Federal Reserve Bank of New York analysing the history of sovereign debt crises. Now, as a fund manager at the $138 billion First Eagle Investments, she’s reached a conclusion: US Treasury bonds are too risky to hold.
The call looks far beyond the timing of much-anticipated Federal Reserve rate cuts. It’s tied to a new era of faster inflation, higher government health spending and bigger deficits. And behind all of that? The fact that the world is getting older, fast, and it’s time to get portfolios ready.
Rather than buying what’s deemed the world’s safest asset to balance out her equity and credit holdings, Appio is adding gold. Yields on long-dated Treasuries just don’t offer enough compensation, she reckons, pointing to the surge in US government borrowing that many fear could precipitate a debt crisis in the coming years.
Appio’s strategy is to eschew longer-dated bonds, which could take the hardest knock if burgeoning age-related state spending worsens the public debt picture. Other big money managers, including BlackRock Inc., Royal London Asset Management and Germany’s DWS Group, are also looking at ways to invest – and protect — clients’ money in such an environment.
The impact on financial markets will be felt across asset classes and geographies, and there’s no one-size-fits-all solution. But many of the strategies being put in place to trade the graying of the world reflect inflationary concerns: Fewer bonds, more stocks and commodities. What’s also clear is that it’s a challenge that can’t be postponed.
“We think of demographics as a slow-moving train and it’s not,” said Erik Weisman, a portfolio manager at the $607 billion MFS Investment Management in Boston. “It’s a train that’s barreling toward us and if you don’t get off the tracks you’re going to get run over.”
Weisman is among those coming around to the view that as birth rates fall and populations age, companies will have to fight for workers, boosting wages. For him, it means positioning for interest rates — and bond yields — that will potentially be higher in the coming years than many currently expect.
Recent evidence backs up the calls for urgency. South Korea’s birth rate is at a record low, both Italy and Germany have reported declining numbers, and there have been warnings from BlackRock Chief Executive Officer Larry Fink and investor Stanley Druckenmiller of a looming retirement crisis. When Fitch downgraded the US last year, it cited the costs of an aging population among its reasons.
The US is running “very high debt levels and we’re just about to hit a lot of these aging-related challenges that are unfunded,” Appio said. Yields on longer-dated Treasuries are “really not compensating for the longer term risk.”
*Inflation Buffer*
The inflation case is partly built on a simple idea of more old people spending, fewer young people producing. Given that view — not universal, but widely held — certain asset classes are attracting particular attention.
Royal London Asset Management is leaning into equity and commodity markets rather than debt. Trevor Greetham, head of multi-asset at the $205 billion asset manager favors commodities, commercial property and the resource-heavy UK equity market to safeguard his portfolio in a world with aging populations and higher inflation.
“We absolutely think about the inflationary consequences of demographics in our strategic asset allocation,” Greetham said.
Inflation tends to hurt bond investors by eroding the value of their holdings over time. That's because the fixed coupon income is worth less in real terms each year, while the bond itself can depreciate if central banks tighten policy to quell price pressures.
DOW TIMES (ABOVE & BEYOND)
28 Dec, 03:17
Inflation concerns appear at odds with the experience in Japan, with the world’s oldest population, and its era of slow growth and deflation, a backdrop that would favor bonds.
But Japan’s experience was likely unique, and partly influenced by disinflationary pressures from cheap Chinese goods this century, according to “The Great Demographic Reversal”, a 2020 book by Manoj Pradhan and Charles Goodhart.
Now, a shrinking population and trade tensions with the US and Europe, mean those disinflationary forces from China are waning.
“If we take China as the face of demographics, the future looks more inflationary,” said Pradhan, a former Morgan Stanley strategist and founder of Talking Heads Macroeconomics. “Almost every economy has green policies, and deglobalization has meant more armed forces spending. There is a willingness to stimulate demand and China is not able to offset that demand quite as adequately as it did in the past.”
*Equity Switch*
The United Nations predicts that one in six people will be aged 65 or more by 2050. Getting investments right for that world is a particular concern to pension funds, a massive cohort managing about $50 trillion globally which must align investment strategies to ensure they meet liabilities to future retirees.
At DWS, which oversees €941 billion ($1 trillion), it’s meant shifting pension money from fixed income into equities, according to Western Europe CIO Vera Fehling. Alongside that, it’s buying inflation swaps and investing in infrastructure projects with revenues linked to future inflation.
“In an environment where we have long-term inflation expectations at a higher level than previously, pension portfolios will want more exposure to assets that might help mitigate that effect,” she said.
Typically, as people get closer to retirement, their pension managers favor holding more bonds in order to protect the portfolio from equity-market swings. That may need to change, says Nathan Thooft, chief investment officer of multi-asset solutions at Manulife Investment Management, where a switch to stocks has been underway.
“Even at retirement, we’re advocating for clients to have 50% or more in equities,” he said. “Most people undersave and so they need that equity risk.”
Governments also need to get ready, along the lines of Japan’s 2014 decision to take more equity risk in its Government Pension Investment Fund. Eurizon SLJ Capital’s Stephen Jen urges the US and Europe to be even bolder than the GPIF which has a 50/50 equity/bond split; instead they should emulate Norway’s 70/30 model, he says.
*Underpriced Risk*
It’s tricky terrain for fund managers to navigate, given their investment horizons tend to be far shorter than the years over which the full impact of aging populations will manifest.
Nor is it yet clear what the eventual impact will be, given variables such as immigration flows, advances in technology and automation, and productivity gains.
But if many funds see demographics as too long-term to bother with, BlackRock, the world’s largest asset manager, sees opportunities. The $10 trillion asset manager has upped allocations to European and US healthcare stocks on the view that future demand is not fully baked in.
Markets “can be slow to price in the impact of even predictable demographic shifts,” Jean Boivin, head of the BlackRock Investment Institute, said in a note last month. Plus, the world isn’t aging at exactly the same pace and outcomes will vary.
BlackRock favors India, Indonesia, Mexico and Saudi Arabia — developing nations where working-age populations are still growing — anticipating that stronger economic performance will fuel higher returns.
Many investors say they pay close attention to immigration to narrow down where to park their cash. That movement of people affects labor markets, with implications for inflation and monetary policy, big factors when determining potential returns.
But Japan’s experience was likely unique, and partly influenced by disinflationary pressures from cheap Chinese goods this century, according to “The Great Demographic Reversal”, a 2020 book by Manoj Pradhan and Charles Goodhart.
Now, a shrinking population and trade tensions with the US and Europe, mean those disinflationary forces from China are waning.
“If we take China as the face of demographics, the future looks more inflationary,” said Pradhan, a former Morgan Stanley strategist and founder of Talking Heads Macroeconomics. “Almost every economy has green policies, and deglobalization has meant more armed forces spending. There is a willingness to stimulate demand and China is not able to offset that demand quite as adequately as it did in the past.”
*Equity Switch*
The United Nations predicts that one in six people will be aged 65 or more by 2050. Getting investments right for that world is a particular concern to pension funds, a massive cohort managing about $50 trillion globally which must align investment strategies to ensure they meet liabilities to future retirees.
At DWS, which oversees €941 billion ($1 trillion), it’s meant shifting pension money from fixed income into equities, according to Western Europe CIO Vera Fehling. Alongside that, it’s buying inflation swaps and investing in infrastructure projects with revenues linked to future inflation.
“In an environment where we have long-term inflation expectations at a higher level than previously, pension portfolios will want more exposure to assets that might help mitigate that effect,” she said.
Typically, as people get closer to retirement, their pension managers favor holding more bonds in order to protect the portfolio from equity-market swings. That may need to change, says Nathan Thooft, chief investment officer of multi-asset solutions at Manulife Investment Management, where a switch to stocks has been underway.
“Even at retirement, we’re advocating for clients to have 50% or more in equities,” he said. “Most people undersave and so they need that equity risk.”
Governments also need to get ready, along the lines of Japan’s 2014 decision to take more equity risk in its Government Pension Investment Fund. Eurizon SLJ Capital’s Stephen Jen urges the US and Europe to be even bolder than the GPIF which has a 50/50 equity/bond split; instead they should emulate Norway’s 70/30 model, he says.
*Underpriced Risk*
It’s tricky terrain for fund managers to navigate, given their investment horizons tend to be far shorter than the years over which the full impact of aging populations will manifest.
Nor is it yet clear what the eventual impact will be, given variables such as immigration flows, advances in technology and automation, and productivity gains.
But if many funds see demographics as too long-term to bother with, BlackRock, the world’s largest asset manager, sees opportunities. The $10 trillion asset manager has upped allocations to European and US healthcare stocks on the view that future demand is not fully baked in.
Markets “can be slow to price in the impact of even predictable demographic shifts,” Jean Boivin, head of the BlackRock Investment Institute, said in a note last month. Plus, the world isn’t aging at exactly the same pace and outcomes will vary.
BlackRock favors India, Indonesia, Mexico and Saudi Arabia — developing nations where working-age populations are still growing — anticipating that stronger economic performance will fuel higher returns.
Many investors say they pay close attention to immigration to narrow down where to park their cash. That movement of people affects labor markets, with implications for inflation and monetary policy, big factors when determining potential returns.
DOW TIMES (ABOVE & BEYOND)
28 Dec, 03:17
Here, countries such as China and South Korea, with low birth rates and immigration barriers, are seen at a disadvantage, with less vibrant growth than others like the US.
For Luke Templeman at Deutsche Bank Research, the issue isn't that fund managers are unaware of the growing elderly cohort but that the impact on assets and markets will be far more pervasive than the majority anticipate.
“The maxim ‘buy healthcare and cruise stocks’ is way too simplistic,” he said.
_— With assistance from Naomi Tajitsu_
https://www.bloomberg.com/news/articles/2024-05-21/what-a-world-growing-older-fast-means-for-investing
For Luke Templeman at Deutsche Bank Research, the issue isn't that fund managers are unaware of the growing elderly cohort but that the impact on assets and markets will be far more pervasive than the majority anticipate.
“The maxim ‘buy healthcare and cruise stocks’ is way too simplistic,” he said.
_— With assistance from Naomi Tajitsu_
https://www.bloomberg.com/news/articles/2024-05-21/what-a-world-growing-older-fast-means-for-investing
DOW TIMES (ABOVE & BEYOND)
27 Dec, 03:06
*Must watch for everyone* and share with your friends and family also
https://whatsapp.com/channel/0029Va6ucAfAe5VkwmA93s2h
https://whatsapp.com/channel/0029Va6ucAfAe5VkwmA93s2h
DOW TIMES (ABOVE & BEYOND)
27 Dec, 03:03
*"देश की सम्पदा पर पहला अधिकार मुस्लिमों का हैं।"*
ऐसी पैरवी करनेवाले "इंडिया" के पुर्व प्रधानमंत्री *मौन मोहनसिंह* का 92 साल की उम्र में निधन।
ऐसी पैरवी करनेवाले "इंडिया" के पुर्व प्रधानमंत्री *मौन मोहनसिंह* का 92 साल की उम्र में निधन।
DOW TIMES (ABOVE & BEYOND)
27 Dec, 02:39
⏩♐⏩Dhandho on ESM2 as Investment opportunity
🎯When a Microcap gives Splendid Financials and/or major corporate action in offing, Naturally buying frenzy occurs
🎯Due to non-stop stock price rise, Co is trapped in ESM2 n traders start dumping even at LCs
🎯 Remember stock came in ESM2 due to Splendid financials/Bright outlook
🎯Stocks like SKYGOLD SPML PGIL ( Which were in ESM2) became even 20x
♐NOW ESM2 GEMS MISS NOW & REPENT LATER-
1️⃣URBAN ENVIRO ( CUM BONUS 1:1)- Big Orders in pipeline
2️⃣MASON INFRA- Order book can triple by March 25
3️⃣ALMONDZ- Value Unlocking on way. To get free shares of 2 companies
4️⃣ZTECH- Breathtaking outlook. Monopoly. Unique unique biz model. Should be 3000 in CY 27
5️⃣OXYGENTA ( BSE)- Taken over by a large chemical co which will give decent biz to Oxygenta
🎯When a Microcap gives Splendid Financials and/or major corporate action in offing, Naturally buying frenzy occurs
🎯Due to non-stop stock price rise, Co is trapped in ESM2 n traders start dumping even at LCs
🎯 Remember stock came in ESM2 due to Splendid financials/Bright outlook
🎯Stocks like SKYGOLD SPML PGIL ( Which were in ESM2) became even 20x
♐NOW ESM2 GEMS MISS NOW & REPENT LATER-
1️⃣URBAN ENVIRO ( CUM BONUS 1:1)- Big Orders in pipeline
2️⃣MASON INFRA- Order book can triple by March 25
3️⃣ALMONDZ- Value Unlocking on way. To get free shares of 2 companies
4️⃣ZTECH- Breathtaking outlook. Monopoly. Unique unique biz model. Should be 3000 in CY 27
5️⃣OXYGENTA ( BSE)- Taken over by a large chemical co which will give decent biz to Oxygenta
DOW TIMES (ABOVE & BEYOND)
06 Dec, 05:34
https://x.com/dhandhoinves/status/1853500875660210325?t=_MPUktNIGLT_9vr_Zz9K9A&s=08
DOW TIMES (ABOVE & BEYOND)
06 Dec, 05:29
CURRENT MCAP IS PEANUTS
DO NOT MISS
https://x.com/dhandhoinves/status/1864673770755252293?t=lxs61w2XO7109VMXmpitaA&s=08
DO NOT MISS
https://x.com/dhandhoinves/status/1864673770755252293?t=lxs61w2XO7109VMXmpitaA&s=08
DOW TIMES (ABOVE & BEYOND)
06 Dec, 02:26
✈️✈️ATMASTCO- BULLET PROOF JACKET/ HELMETS
⏩ CHEAPEST DEFENCE STORY -TP: 800
1️⃣ Original biz EPC+Engineering H1 NP 14 Cr.Order book 500 Cr
2️⃣ SOLID DEFENCE FORAY- Do read 3 screenshots
↗️ BULLET PROOF JACKETS to be Level 6(can take AK47 fire). Approx 25% cheaper than Imported Version. Weight to b approx 15% Lower Vs imported. Plant developed inhouse at Much Lower Capex. One machine can produce All sizes. Co to get orders even if L2
↗️ BULLET PROOF HELMET can withstand AK-47 round from 10 Mtr distance
↗️ Full Body Protector (FBP)
for Female Troops
3️⃣ CAPACITIES-
✅Phase1- 35000 each of Jackets and Helmets
✅Phase 2-35000 each of Helmet and Jackets + 40000 of Tactical Body Armour
✅ Phase 3- 30000 each of Jacket n Helmet+ 35000 Tactical Body Armour
🎯🎯THUS TOTAL CAPACITY TO BE 10000 EACH OF JACKET N HELMETS AND 75000 OF TACTICAL BODY ARMOUR
# Available so cheap due to ESM2. Current Mcap too small. DO NOT MISS CHEAPEST DEFENCE STORY
⏩ CHEAPEST DEFENCE STORY -TP: 800
1️⃣ Original biz EPC+Engineering H1 NP 14 Cr.Order book 500 Cr
2️⃣ SOLID DEFENCE FORAY- Do read 3 screenshots
↗️ BULLET PROOF JACKETS to be Level 6(can take AK47 fire). Approx 25% cheaper than Imported Version. Weight to b approx 15% Lower Vs imported. Plant developed inhouse at Much Lower Capex. One machine can produce All sizes. Co to get orders even if L2
↗️ BULLET PROOF HELMET can withstand AK-47 round from 10 Mtr distance
↗️ Full Body Protector (FBP)
for Female Troops
3️⃣ CAPACITIES-
✅Phase1- 35000 each of Jackets and Helmets
✅Phase 2-35000 each of Helmet and Jackets + 40000 of Tactical Body Armour
✅ Phase 3- 30000 each of Jacket n Helmet+ 35000 Tactical Body Armour
🎯🎯THUS TOTAL CAPACITY TO BE 10000 EACH OF JACKET N HELMETS AND 75000 OF TACTICAL BODY ARMOUR
# Available so cheap due to ESM2. Current Mcap too small. DO NOT MISS CHEAPEST DEFENCE STORY
DOW TIMES (ABOVE & BEYOND)
05 Dec, 17:52
⏩✅⏩SW SOLAR: TP-750/1200
https://x.com/dhandhoinves/status/1864680797518897646?t=KhRl29MX9J61wFnEPY7CHg&s=08
https://x.com/dhandhoinves/status/1864680797518897646?t=KhRl29MX9J61wFnEPY7CHg&s=08
DOW TIMES (ABOVE & BEYOND)
05 Dec, 17:50
✈️RKEC PROJECTS- MUST BUY
✅TP-350
https://x.com/desiwallstreet/status/1864721701486940172?t=lQZPxr_65dOwMUj13WqpIA&s=19
✅TP-350
https://x.com/desiwallstreet/status/1864721701486940172?t=lQZPxr_65dOwMUj13WqpIA&s=19
DOW TIMES (ABOVE & BEYOND)
05 Dec, 17:30
RPP- CHEAPEST INFRA STOCK
TP- 500/750
https://x.com/desiwallstreet/status/1864686708111097876?t=dSYB09pWGHb3cu9Ivsvx8w&s=19
TP- 500/750
https://x.com/desiwallstreet/status/1864686708111097876?t=dSYB09pWGHb3cu9Ivsvx8w&s=19
DOW TIMES (ABOVE & BEYOND)
05 Dec, 17:29
WAAREE ENERGIES- MULTIBAGGER IN MAKING
https://x.com/MrFinterest/status/1864569501334769824?t=KlWONSTSuSMiusNktZZLjg&s=08
https://x.com/MrFinterest/status/1864569501334769824?t=KlWONSTSuSMiusNktZZLjg&s=08
DOW TIMES (ABOVE & BEYOND)
05 Dec, 10:16
*Exclusive: Pernod Ricard denied breaching India law. Its lawyers said otherwise*
By Aditya Kalra and Arpan Chaturvedi
December 5, 202412:19 AM GMT+8
- Internal probe found Pernod India executives violated Delhi laws
- Firm lobbied officials, allegedly invested in retail
- Company has repeatedly denied wrongdoing, is contesting allegations
- Pernod India estimates civil liability could be $67 million
NEW DELHI, Dec 4 (Reuters) - An internal investigation ordered by Pernod Ricard concluded that top executives at its India business violated the law by colluding with alcohol retailers in New Delhi, according to a document seen by Reuters, even as the French giant's representatives denied wrongdoing in court and publicly.
India's financial crimes agency, the Enforcement Directorate, in Jan. 2023 accused Pernod Ricard India (PRI) of engaging in money laundering by unlawfully facilitating $24 million in corporate guarantees to help some retailers fund their license bids in exchange for stocking more Pernod brands.
PRI lobbied New Delhi officials in favour of a 2021 law that allowed private retailers to run liquor shops, Reuters previously reported, in a major departure from the earlier system of the government operating such stores.
A May 2023 draft report produced by Indian law firm Shardul Amarchand Mangaldas, which PRI hired to conduct an internal probe, said three executives - including the then-chief operating officer of Pernod's Indian operations, Rajesh Mishra - "have acted in violation of DEP", referring to the Delhi Excise Policy, which prohibited manufacturers from investing in retail.
https://www.reuters.com/world/india/pernod-ricard-denied-breaching-india-law-its-lawyers-said-otherwise-2024-12-04/
By Aditya Kalra and Arpan Chaturvedi
December 5, 202412:19 AM GMT+8
- Internal probe found Pernod India executives violated Delhi laws
- Firm lobbied officials, allegedly invested in retail
- Company has repeatedly denied wrongdoing, is contesting allegations
- Pernod India estimates civil liability could be $67 million
NEW DELHI, Dec 4 (Reuters) - An internal investigation ordered by Pernod Ricard concluded that top executives at its India business violated the law by colluding with alcohol retailers in New Delhi, according to a document seen by Reuters, even as the French giant's representatives denied wrongdoing in court and publicly.
India's financial crimes agency, the Enforcement Directorate, in Jan. 2023 accused Pernod Ricard India (PRI) of engaging in money laundering by unlawfully facilitating $24 million in corporate guarantees to help some retailers fund their license bids in exchange for stocking more Pernod brands.
PRI lobbied New Delhi officials in favour of a 2021 law that allowed private retailers to run liquor shops, Reuters previously reported, in a major departure from the earlier system of the government operating such stores.
A May 2023 draft report produced by Indian law firm Shardul Amarchand Mangaldas, which PRI hired to conduct an internal probe, said three executives - including the then-chief operating officer of Pernod's Indian operations, Rajesh Mishra - "have acted in violation of DEP", referring to the Delhi Excise Policy, which prohibited manufacturers from investing in retail.
https://www.reuters.com/world/india/pernod-ricard-denied-breaching-india-law-its-lawyers-said-otherwise-2024-12-04/
DOW TIMES (ABOVE & BEYOND)
05 Dec, 10:16
China has more new car brands, and their lower prices and fresh interior design make them more popular than GM brands, said Sun Can, a Chevrolet dealer in eastern Beijing.
“Chevrolet was pretty popular in 2017 and 2018,” she said. “Now the market competition is intense and it’s difficult to sell these cars.”
Yan Yu bought a Buick Verano in 2021 because it was inexpensive, and is now shopping for another family car. This time around, she’s looking at a Tesla or a BYD.
“Buick seems to be more popular among the older population,” Yan said.
Barra says GM will start to see better results in China soon and insists the automaker can still have a role in the market, but she stops short of pledging a return to the glory days.
“We see a meaningful way we can participate” in the Chinese market, Barra told analysts recently. It will be “structurally different,” she added, “but we think there’s a place for our brands.”
_— With assistance from Chunying Zhang, Luz Ding, and Katrina Nicholas_
https://www.bloomberg.com/news/articles/2024-12-04/gm-gm-china-writedown-deals-blow-to-global-business
“Chevrolet was pretty popular in 2017 and 2018,” she said. “Now the market competition is intense and it’s difficult to sell these cars.”
Yan Yu bought a Buick Verano in 2021 because it was inexpensive, and is now shopping for another family car. This time around, she’s looking at a Tesla or a BYD.
“Buick seems to be more popular among the older population,” Yan said.
Barra says GM will start to see better results in China soon and insists the automaker can still have a role in the market, but she stops short of pledging a return to the glory days.
“We see a meaningful way we can participate” in the Chinese market, Barra told analysts recently. It will be “structurally different,” she added, “but we think there’s a place for our brands.”
_— With assistance from Chunying Zhang, Luz Ding, and Katrina Nicholas_
https://www.bloomberg.com/news/articles/2024-12-04/gm-gm-china-writedown-deals-blow-to-global-business
DOW TIMES (ABOVE & BEYOND)
05 Dec, 10:16
It was a cunning move by the Chinese government aimed at fostering domestic companies. In 2018, Chinese producers had capacity to make about 1 million NEVs, and foreign companies could only produce about 150,000, according to researcher AutoForecast Solutions LLC. GM and traditional rivals dragged their feet developing EVs, and were unable to take advantage like domestic producers could.
More electrified models have hit the market to take advantage of incentives and because the government put restrictions on sales of gasoline-powered vehicles. This year, the Chinese market is approaching half electrified models. Domestic producers have the capacity to make almost 10 million NEVs, while foreign competitors have capacity for just 1.9 million.
*China’s Plan*
GM’s now-retired Chairman Jack Smith got Chinese government approval to sell cars there in 1997. The Communist Party particularly wanted Buick because it had been the emperor’s car of choice. GM revamped its Regal sedan for party members and sold Korean-designed cars with smaller engines for the mass market.
At the time, the partnership with SAIC seemed like a smart one. It’s considered a crown jewel in the Shanghai region, giving GM access to one of the nation’s biggest markets and garnering favor with politicians.
For China, meanwhile, these types of partnerships offered both domestic benefits and a means to get technology and quickly learn how to make cars, said Dunne, the former GM executive.
“China’s objective from the beginning was to do joint ventures with the big automakers, and then get the technology and do it themselves,” he said.
China has capacity to make almost 50 million cars a year in a market where consumers will buy 28 million, according to market researcher Global Data. The spare annual capacity alone is more than Americans buy in a year.
China is now using low costs to churn out cheap models for the world — posing risks to Hyundai Motor Co. and Toyota in southeast Asia, to GM in South America, and to local manufacturers in Europe.
China’s battery industry also has excess capacity and is selling at prices western companies can’t match. Part of that is because some raw materials are selling at an “artificially low price,” Kurt Kelty, GM’s vice president of battery pack and cells, said in an October interview.
“We know the price of all the materials in China and here,” he said. “It doesn’t make sense the price they’re selling for and the cost it should be. They have tremendous overcapacity there. Some materials make sense to use there because they have an artificially low price.”
*‘Not Enough’*
GM entered the second quarter of this year expecting to return to profitability in China after slowing assembly lines to thin bloated inventory. It didn’t fix the problem.
“It’s clear the steps we have taken, while significant, have not been enough,” Barra told investors in July after reporting another quarterly loss in the market. Sales are on course for a seventh consecutive annual decline.
In the near term, GM will restructure its China business to sell more imported SUVs and some pricey EVs, and rely on a second joint venture for cheap models and exports, people familiar said. The heavy cuts will fall on GM’s presence in the middle market.
Executives are aiming to stay in the good graces of the Chinese government and preserve some presence there. One bright spot is a partnership with Wuling Motors Holdings Ltd. — one in which GM is a minority owner. Wuling makes small, inexpensive electric cars and is increasingly becoming a significant exporter. Its sales rose 11% in China in the third quarter.
The American automaker also hopes its ties to SAIC will help it maintain a strong domestic business, one of the people said. However, SAIC has problems of its own. The company has reacted slowly to changes in the market and the move to EVs, just like GM, and its sales were down 21% this year through October.
More electrified models have hit the market to take advantage of incentives and because the government put restrictions on sales of gasoline-powered vehicles. This year, the Chinese market is approaching half electrified models. Domestic producers have the capacity to make almost 10 million NEVs, while foreign competitors have capacity for just 1.9 million.
*China’s Plan*
GM’s now-retired Chairman Jack Smith got Chinese government approval to sell cars there in 1997. The Communist Party particularly wanted Buick because it had been the emperor’s car of choice. GM revamped its Regal sedan for party members and sold Korean-designed cars with smaller engines for the mass market.
At the time, the partnership with SAIC seemed like a smart one. It’s considered a crown jewel in the Shanghai region, giving GM access to one of the nation’s biggest markets and garnering favor with politicians.
For China, meanwhile, these types of partnerships offered both domestic benefits and a means to get technology and quickly learn how to make cars, said Dunne, the former GM executive.
“China’s objective from the beginning was to do joint ventures with the big automakers, and then get the technology and do it themselves,” he said.
China has capacity to make almost 50 million cars a year in a market where consumers will buy 28 million, according to market researcher Global Data. The spare annual capacity alone is more than Americans buy in a year.
China is now using low costs to churn out cheap models for the world — posing risks to Hyundai Motor Co. and Toyota in southeast Asia, to GM in South America, and to local manufacturers in Europe.
China’s battery industry also has excess capacity and is selling at prices western companies can’t match. Part of that is because some raw materials are selling at an “artificially low price,” Kurt Kelty, GM’s vice president of battery pack and cells, said in an October interview.
“We know the price of all the materials in China and here,” he said. “It doesn’t make sense the price they’re selling for and the cost it should be. They have tremendous overcapacity there. Some materials make sense to use there because they have an artificially low price.”
*‘Not Enough’*
GM entered the second quarter of this year expecting to return to profitability in China after slowing assembly lines to thin bloated inventory. It didn’t fix the problem.
“It’s clear the steps we have taken, while significant, have not been enough,” Barra told investors in July after reporting another quarterly loss in the market. Sales are on course for a seventh consecutive annual decline.
In the near term, GM will restructure its China business to sell more imported SUVs and some pricey EVs, and rely on a second joint venture for cheap models and exports, people familiar said. The heavy cuts will fall on GM’s presence in the middle market.
Executives are aiming to stay in the good graces of the Chinese government and preserve some presence there. One bright spot is a partnership with Wuling Motors Holdings Ltd. — one in which GM is a minority owner. Wuling makes small, inexpensive electric cars and is increasingly becoming a significant exporter. Its sales rose 11% in China in the third quarter.
The American automaker also hopes its ties to SAIC will help it maintain a strong domestic business, one of the people said. However, SAIC has problems of its own. The company has reacted slowly to changes in the market and the move to EVs, just like GM, and its sales were down 21% this year through October.
DOW TIMES (ABOVE & BEYOND)
24 Nov, 00:19
In today's India, especially in a corporate setup, it is very important to learn good English.
Because with good English you can get away with almost anything.
Let's take MamaEarth earnings call this quarter for example.
What they actually wanted to say was, "We dumped too much stock to our distributors, which resulted in their expiry, which we then had to write off. Now our distributors are quitting, we have no idea where our products are being sold and we need to do something".
But instead they said, "The slowdown can be attributed to a One time inventory correction and a strategic shift and transition from a super stockist model to a direct distribution model in order to give real time visibilty of inventory"
This sounds so good that you actually think a big, strategic transformation is underway. You may even buy their shares.
All thanks to good English.
Because with good English you can get away with almost anything.
Let's take MamaEarth earnings call this quarter for example.
What they actually wanted to say was, "We dumped too much stock to our distributors, which resulted in their expiry, which we then had to write off. Now our distributors are quitting, we have no idea where our products are being sold and we need to do something".
But instead they said, "The slowdown can be attributed to a One time inventory correction and a strategic shift and transition from a super stockist model to a direct distribution model in order to give real time visibilty of inventory"
This sounds so good that you actually think a big, strategic transformation is underway. You may even buy their shares.
All thanks to good English.
DOW TIMES (ABOVE & BEYOND)
24 Nov, 00:15
AFCOM- CONSERVATIVE The 2500/3000(24 MONTHS)
HUGE PLAN FOR FY27. IF SUCCESSFUL, CAN BE 5000
https://x.com/dhandhoinves/status/1858707993992589804?t=RqeMNnlE9hbeNMgDQmGq3A&s=08
HUGE PLAN FOR FY27. IF SUCCESSFUL, CAN BE 5000
https://x.com/dhandhoinves/status/1858707993992589804?t=RqeMNnlE9hbeNMgDQmGq3A&s=08
DOW TIMES (ABOVE & BEYOND)
24 Nov, 00:14
AFCOM- GOLD STANDARD OF AIR FREIGHT SECTOR. HIGHEST MARGINS IN SECTOR
TP- 2500/3000(24 months)
https://x.com/dhandhoinves/status/1860189520005591208?t=CF_c7LwH8tknjOV52VJ9aA&s=08
TP- 2500/3000(24 months)
https://x.com/dhandhoinves/status/1860189520005591208?t=CF_c7LwH8tknjOV52VJ9aA&s=08
DOW TIMES (ABOVE & BEYOND)
24 Nov, 00:12
ATMASTCO- DO NOT MISS. CHEAPEST EPC/DEFENCE PLAY. CAN BE 4X IN 2 YEARS
https://x.com/dhandhoinves/status/1860348747437187148?t=OqdgVEtcCEN5nj2bQm_D3A&s=08
https://x.com/dhandhoinves/status/1860348747437187148?t=OqdgVEtcCEN5nj2bQm_D3A&s=08
DOW TIMES (ABOVE & BEYOND)
24 Nov, 00:10
*Trident Tech Labs Ltd Conference Call Updates*:
Co's growth plans: Revenue target of approximately 250cr and a profit of 40cr for the current fiscal year and aiming for 1,000cr within five years.
Techlabs while having the current focus is on power and defense sectors, new verticals like semiconductor and cybersecurity are expected to contribute significantly in the future. Co will also be going for chip design in future. Co also have Capability of chip design for defence & other sectors as well.
Co has partnered with top players like Cadence to drive advanced designs and support defense projects.
Co creates smart solutions in DFT, PCB, and FPGA for telecom, IoT, and automotive industries
Co expanding into Asia-Pacific, Middle East, and Africa to tap into growing opportunities.
Co in advanced stages to acquire a semiconductor company.
Co got order from Indian navy for Design Automation. There is also negotiation with 4 Govt power distribution co for order in power segment.
Power Sector and Defence Sector both 10k cr opportunity each.
Co now serving 2 cos in Power and 50 power cos need their service. Co don't compete in tender based business. They hv all unique offerings with no competition.
Co also looking for fund raising to scale andvare currently working on it
Mgmt asserts that the company's unique expertise and niche focus minimize competition, particularly in the power sector.
TechLabs structures deals intelligently to maintain a consistent margin of approximately 30% across all verticals.
Mgmt said 3 years down the line all quarters will be equal and seasonality will not be there. AMC will be the maximum component in revenue going ahead.
Co's growth plans: Revenue target of approximately 250cr and a profit of 40cr for the current fiscal year and aiming for 1,000cr within five years.
Techlabs while having the current focus is on power and defense sectors, new verticals like semiconductor and cybersecurity are expected to contribute significantly in the future. Co will also be going for chip design in future. Co also have Capability of chip design for defence & other sectors as well.
Co has partnered with top players like Cadence to drive advanced designs and support defense projects.
Co creates smart solutions in DFT, PCB, and FPGA for telecom, IoT, and automotive industries
Co expanding into Asia-Pacific, Middle East, and Africa to tap into growing opportunities.
Co in advanced stages to acquire a semiconductor company.
Co got order from Indian navy for Design Automation. There is also negotiation with 4 Govt power distribution co for order in power segment.
Power Sector and Defence Sector both 10k cr opportunity each.
Co now serving 2 cos in Power and 50 power cos need their service. Co don't compete in tender based business. They hv all unique offerings with no competition.
Co also looking for fund raising to scale andvare currently working on it
Mgmt asserts that the company's unique expertise and niche focus minimize competition, particularly in the power sector.
TechLabs structures deals intelligently to maintain a consistent margin of approximately 30% across all verticals.
Mgmt said 3 years down the line all quarters will be equal and seasonality will not be there. AMC will be the maximum component in revenue going ahead.
DOW TIMES (ABOVE & BEYOND)
23 Nov, 23:42
*Check New York Times view about PM Modi:*
*Joseph Hope, Editor-in-Chief of the New York Times:*
Narendra Modi's sole aim is to make India a better Country. If he is not stopped, in the future, India will become the most Powerful Nation in the World.. It will surprise even the USA, the United Kingdom, and Russia.. Japan.
Narendra Modi is moving towards a specific goal. No one knows what he wants to do.... and his intentions, strategy, cannot be predicted.
Behind the Smiling face, he is a dangerous Patriot. He uses all the Countries of the world for the benefit of his Nation...... India.
First he destroyed US ties with Pakistan and Afghanistan.
Next Narendra Modi has created an alliance with Vietnam, shattered China’s Superpower dream and made use of the three Countries.
The long-running dispute over oil extraction overseas between Vietnam and China has benefited India. With India's support, Vietnam began producing Oil in China's Southern Seas.
Vietnam now supplies all of its Oil to India. The United States has different support for this. He made Pakistan a poor Country without going into a war.
He brought the Port of Iran under his control.
He has set हजर an Indian Military base on the border with Afghanistan, very close to the area that divides Pakistan.
In order to increase Indian trade, he has also built a route through Iran (leaving Pakistan) to Afghanistan.
Narendra Modi’s desires are going up one by one. Sections 370 and 35A have been repealed.
One day he will completely capture Pakistan occupied Kashmir. Pakistan will fall into 4 pieces in the coming seasons. This will happen on the warning of Narendra Modi.
Saudi Arabia, Pakistan's traditional ally, will also play a Key role in the Partition of Pakistan..
In Asia, this man who finished China and the United States, has canceled the SAARC Summit and shown his power to the World.. Narendra Modi has succeeded in maintaining India's superiority over Asia..
He made UAE fine the Foreign minister of Pakistan on landing in UAE & sent the minister back. Malaysia took over a Pakistan airplane to recover debts owed by Pakistan.
Russia and Japan, 2 of Asia's Major Powers, have done nothing to say.
He held both Countries in his hands with great precision. In the case of China's Vietnam Oil issue, China will ask for Oil... Then he will ask Pakistan Occupied Kashmir. 🤟
What he would ask was, "I'll take it.. You have Hair in your Mouth," and tease China's Vietnam issue..
Nothing can be done by China. This person is taking Indian Politics to a totally different level.
Many Countries think and act as if each Country has many Enemies.. But India has no Enemies other than Pakistan. India is almost certain to be a friend to all Countries of the World.
This man is doing more harm to Pakistan than the real War.. By using Muslim Countries against Pakistan, Narendra Modi has proven himself to be one of the Best leaders in the World.
Even if Pakistan goes for War with India, there will not be so much loss.. But now Pakistan is suffering more than that.
In all negotiations with all Countries, this person's Honesty must be taken into account.
India's progress will be difficult for the rest of the World.
With the current astounding growth of India, all the Countries in the United Nations will experience the consequences..!
*Joseph Hope, Editor-in-Chief of the New York Times:*
Narendra Modi's sole aim is to make India a better Country. If he is not stopped, in the future, India will become the most Powerful Nation in the World.. It will surprise even the USA, the United Kingdom, and Russia.. Japan.
Narendra Modi is moving towards a specific goal. No one knows what he wants to do.... and his intentions, strategy, cannot be predicted.
Behind the Smiling face, he is a dangerous Patriot. He uses all the Countries of the world for the benefit of his Nation...... India.
First he destroyed US ties with Pakistan and Afghanistan.
Next Narendra Modi has created an alliance with Vietnam, shattered China’s Superpower dream and made use of the three Countries.
The long-running dispute over oil extraction overseas between Vietnam and China has benefited India. With India's support, Vietnam began producing Oil in China's Southern Seas.
Vietnam now supplies all of its Oil to India. The United States has different support for this. He made Pakistan a poor Country without going into a war.
He brought the Port of Iran under his control.
He has set हजर an Indian Military base on the border with Afghanistan, very close to the area that divides Pakistan.
In order to increase Indian trade, he has also built a route through Iran (leaving Pakistan) to Afghanistan.
Narendra Modi’s desires are going up one by one. Sections 370 and 35A have been repealed.
One day he will completely capture Pakistan occupied Kashmir. Pakistan will fall into 4 pieces in the coming seasons. This will happen on the warning of Narendra Modi.
Saudi Arabia, Pakistan's traditional ally, will also play a Key role in the Partition of Pakistan..
In Asia, this man who finished China and the United States, has canceled the SAARC Summit and shown his power to the World.. Narendra Modi has succeeded in maintaining India's superiority over Asia..
He made UAE fine the Foreign minister of Pakistan on landing in UAE & sent the minister back. Malaysia took over a Pakistan airplane to recover debts owed by Pakistan.
Russia and Japan, 2 of Asia's Major Powers, have done nothing to say.
He held both Countries in his hands with great precision. In the case of China's Vietnam Oil issue, China will ask for Oil... Then he will ask Pakistan Occupied Kashmir. 🤟
What he would ask was, "I'll take it.. You have Hair in your Mouth," and tease China's Vietnam issue..
Nothing can be done by China. This person is taking Indian Politics to a totally different level.
Many Countries think and act as if each Country has many Enemies.. But India has no Enemies other than Pakistan. India is almost certain to be a friend to all Countries of the World.
This man is doing more harm to Pakistan than the real War.. By using Muslim Countries against Pakistan, Narendra Modi has proven himself to be one of the Best leaders in the World.
Even if Pakistan goes for War with India, there will not be so much loss.. But now Pakistan is suffering more than that.
In all negotiations with all Countries, this person's Honesty must be taken into account.
India's progress will be difficult for the rest of the World.
With the current astounding growth of India, all the Countries in the United Nations will experience the consequences..!
DOW TIMES (ABOVE & BEYOND)
23 Nov, 23:41
*मुस्लिम वोटों पर भरोसा कर हिंदुओं को जूते की नोक पर रखने का नतीजा मिला MVA को -*
*MVA आज महाविकास अघाड़ी की जगह “महा विनाश अघाड़ी” बन गया* -
*इन लोगों ने सोचा था जैसे कर्नाटक और तेलंगाना में 13 - 13 % मुसलमानों की आबादी से एकतरफा वोट लेकर दोनों राज्यों में सरकार बनाई थी, वैसे ही महाराष्ट्र के करीब 12% मुसलमानों के दम पर सरकार बना लेंगे*
*और मुस्लिम वोट का भरोसा दिया AIMPLB के मौलाना सज्जाद नोमानी ने जिसके सामने कांग्रेस, शरद पवार और उद्धव लोट गए कि उसकी हर मांग मान ली,"" यहां तक RSS को बैन करने का भी वादा कर दिया 🤦♂️""* -
*आज की जीत के बाद साबित हुआ कि मुस्लिमों के एकजुट होकर MVA को वोट देना भी किसी काम नहीं आया 👉👉और इसलिए अब मुस्लिमों को मिलने वाली सुविधाएं बंद कर देनी चाहिए क्योंकि जब कांग्रेस और उसके सहयोगी केवल मुस्लिमों के लिए योजनाएं लाते हैं तो फिर भाजपा को भी उन्हें योजनाओं से बाहर रखने का अधिकार है 📣क्योंकि जब वोट ही नहीं देते तो किसी योजना का लाभ क्यों मिले -*
*नोमानी से MVA ने वादा किया किया तो उसने हिंदुओं का बहिष्कार करने की कॉल दे दी और दाना पानी बंद करने तक की धमकी दे दी* -
*यह निश्चित है कि अगर MVA की सरकार बन जाती तो हिंदुओं का जीना दूभर कर दिया जाता क्योंकि नोमानी के हाथों बिक चुके थे - 🥁🥁🥁मतलब साफ़ है “बटोगे तो कटोगे” के नारे ने हिंदुओं को कटने से बचा लिया -*
*आज क्या हालत हुई है, MVA के तीनों घटकों की सीटों से भी ज्यादा अकेली शिंदे की शिवसेनाने जीती हैं* -
*उद्धव को ख़ाक में मिलाने के लिए अकेले संजय राउत को जिम्मेदार कहा जाए तो कुछ गलत नहीं होगा - संजय ने आज भी जनादेश को मानने से मना कर दिया और कह दिया कि हम इसे नहीं मानते क्योंकि ये जनता का मत है ही नहीं और फिर अडानी का रोना रोने लगा -*
*महाराष्ट्र में अकेले भाजपा और शिंदे शिवसेना की 190 सीट आ गई और अजित पवार की कहीं इधर उधर भागने की कोई गुंजाइश ही नहीं बची वरना उसके दिमाग में था कि यदि वो किंगमेकर हुआ तो खिसक लेगा MVA में मुख्यमंत्री बनने के लिए* -
*इसके साथ ही शरद पवार की पार्टी का दीपक भी बुझ गया और उद्धव भी ख़त्म ही समझो -*
*जिस तरह MVA मुस्लिमों मी गोद में जाकर बैठा था, उसे आज हिंदुओं की शक्ति का अहसास हो गया जिसकी वजह से NDA का वोट 50% तक पहुँच गया -*
*🎤एक बात और ध्यान देने की है कि भाजपा की जीत में स्वयं भाजपा के साथ साथ RSS का बहुत बड़ा योगदान है🙏🙏🙏 -*
*MVA आज महाविकास अघाड़ी की जगह “महा विनाश अघाड़ी” बन गया* -
*इन लोगों ने सोचा था जैसे कर्नाटक और तेलंगाना में 13 - 13 % मुसलमानों की आबादी से एकतरफा वोट लेकर दोनों राज्यों में सरकार बनाई थी, वैसे ही महाराष्ट्र के करीब 12% मुसलमानों के दम पर सरकार बना लेंगे*
*और मुस्लिम वोट का भरोसा दिया AIMPLB के मौलाना सज्जाद नोमानी ने जिसके सामने कांग्रेस, शरद पवार और उद्धव लोट गए कि उसकी हर मांग मान ली,"" यहां तक RSS को बैन करने का भी वादा कर दिया 🤦♂️""* -
*आज की जीत के बाद साबित हुआ कि मुस्लिमों के एकजुट होकर MVA को वोट देना भी किसी काम नहीं आया 👉👉और इसलिए अब मुस्लिमों को मिलने वाली सुविधाएं बंद कर देनी चाहिए क्योंकि जब कांग्रेस और उसके सहयोगी केवल मुस्लिमों के लिए योजनाएं लाते हैं तो फिर भाजपा को भी उन्हें योजनाओं से बाहर रखने का अधिकार है 📣क्योंकि जब वोट ही नहीं देते तो किसी योजना का लाभ क्यों मिले -*
*नोमानी से MVA ने वादा किया किया तो उसने हिंदुओं का बहिष्कार करने की कॉल दे दी और दाना पानी बंद करने तक की धमकी दे दी* -
*यह निश्चित है कि अगर MVA की सरकार बन जाती तो हिंदुओं का जीना दूभर कर दिया जाता क्योंकि नोमानी के हाथों बिक चुके थे - 🥁🥁🥁मतलब साफ़ है “बटोगे तो कटोगे” के नारे ने हिंदुओं को कटने से बचा लिया -*
*आज क्या हालत हुई है, MVA के तीनों घटकों की सीटों से भी ज्यादा अकेली शिंदे की शिवसेनाने जीती हैं* -
*उद्धव को ख़ाक में मिलाने के लिए अकेले संजय राउत को जिम्मेदार कहा जाए तो कुछ गलत नहीं होगा - संजय ने आज भी जनादेश को मानने से मना कर दिया और कह दिया कि हम इसे नहीं मानते क्योंकि ये जनता का मत है ही नहीं और फिर अडानी का रोना रोने लगा -*
*महाराष्ट्र में अकेले भाजपा और शिंदे शिवसेना की 190 सीट आ गई और अजित पवार की कहीं इधर उधर भागने की कोई गुंजाइश ही नहीं बची वरना उसके दिमाग में था कि यदि वो किंगमेकर हुआ तो खिसक लेगा MVA में मुख्यमंत्री बनने के लिए* -
*इसके साथ ही शरद पवार की पार्टी का दीपक भी बुझ गया और उद्धव भी ख़त्म ही समझो -*
*जिस तरह MVA मुस्लिमों मी गोद में जाकर बैठा था, उसे आज हिंदुओं की शक्ति का अहसास हो गया जिसकी वजह से NDA का वोट 50% तक पहुँच गया -*
*🎤एक बात और ध्यान देने की है कि भाजपा की जीत में स्वयं भाजपा के साथ साथ RSS का बहुत बड़ा योगदान है🙏🙏🙏 -*
DOW TIMES (ABOVE & BEYOND)
22 Nov, 02:52
🎯REMAINS HIGHEST CONVICTION IDEA. SUCH INVESTMENT OPPORTUNITY DOESNT COME FREQUENTLY. SOME MAJOR DEVELOPMENTS/ ANNOUNCEMENTS POSSIBLE. MUST READ FULL
https://x.com/dhandhoinves/status/1858707993992589804?t=ZSxy0yFUujEQ_byWuLENmw&s=08
https://x.com/dhandhoinves/status/1858707993992589804?t=ZSxy0yFUujEQ_byWuLENmw&s=08
DOW TIMES (ABOVE & BEYOND)
22 Nov, 02:48
Sagar Adani was also instrumental, the court filings show, in recouping some of the bribe money he paid out from others involved in the scheme.
Between April and June 2022, Gautam Adani and Sagar Adani, along with other company executives, met in person in India multiple times with the chairman of a power company called Azure and other officials.
The discussion included how Gautam Adani, with Sagar Adani’s assistance, “had promised or paid bribes to state government officials" in India to procure contracts, the filings said.
U.S. prosecutors said the Adanis repeatedly sought to collect from Azure its agreed-upon share of those bribes.
Azure did not immediately respond to a request for comment. In a statement, Azure said it was aware of regulatory actions against former directors and officers who it said had not been associated with Azure for more than a year. Azure said the company "has cooperated with those agencies and it will continue to do so."
In a conversation with Indian students in 2020, Sagar Adani was asked how he deals with risk. He responded: "When you talk about risk, every single thing that you do in business, there is a risk associated with it."
https://www.reuters.com/world/india/bribe-notes-with-per-megawatt-rates-filings-detail-sagar-adanis-role-indian-2024-11-21/
Between April and June 2022, Gautam Adani and Sagar Adani, along with other company executives, met in person in India multiple times with the chairman of a power company called Azure and other officials.
The discussion included how Gautam Adani, with Sagar Adani’s assistance, “had promised or paid bribes to state government officials" in India to procure contracts, the filings said.
U.S. prosecutors said the Adanis repeatedly sought to collect from Azure its agreed-upon share of those bribes.
Azure did not immediately respond to a request for comment. In a statement, Azure said it was aware of regulatory actions against former directors and officers who it said had not been associated with Azure for more than a year. Azure said the company "has cooperated with those agencies and it will continue to do so."
In a conversation with Indian students in 2020, Sagar Adani was asked how he deals with risk. He responded: "When you talk about risk, every single thing that you do in business, there is a risk associated with it."
https://www.reuters.com/world/india/bribe-notes-with-per-megawatt-rates-filings-detail-sagar-adanis-role-indian-2024-11-21/
DOW TIMES (ABOVE & BEYOND)
22 Nov, 02:48
*'Bribe notes' with per megawatt rates: filings detail Sagar Adani's role in Indian scandal*
By Aditya Kalra and Michelle Conlin
November 22, 20247:39 AM GMT+8
U.S. indicts Adani Group executives for alleged $265 million bribery scheme
Sagar Adani's 'bribe notes' on phone detail payments to Indian officials, filings say
Adani Group says allegations are baseless
Nov 21 (Reuters) - A U.S. indictment of top executives of India's Adani Group has put a spotlight on Sagar Adani, a millennial scion of the company who kept track of hundreds of millions of dollars of alleged bribes to Indian officials on his mobile phone, court filings show.
U.S. prosecutors called the notes on Adani’s phone “bribe notes."
In those notes, Sagar Adani, nephew of the Indian conglomerate's billionaire founder Gautam Adani, noted the amount of the bribe he offered, which government official had been offered the money and how much solar power the official's region would buy in return. He even identified a per megawatt bribe rate to secure the power contracts, the court filings show.
In discussing how the bribery scheme was moving along in 2020, Sagar Adani remarked in a WhatsApp message: “Yup…but the optics are very difficult to cover.”
Those optics became impossible to cover on Wednesday when Sagar Adani, his uncle Gautam, one of the world's richest men, and six others were indicted for fraud by U.S. prosecutors over their alleged roles in a $265 million scheme to bribe Indian officials to secure power-supply deals expected to yield $2 billion in profit over 20 years. The U.S. Securities and Exchange Commission also filed a parallel civil case.
Sagar Adani and Gautam Adani did not respond to a Reuters request for comment.
In a statement, Adani Group said the allegations made by U.S. authorities in criminal and civil cases were "baseless and denied," adding that it would seek "all possible legal recourse."
Sagar Adani, 30, was educated at Brown University, an Ivy League college, and joined the Adani Group in 2015. He is credited with building the entire solar and wind portfolio of Adani Green Energy. He currently oversees "all strategic and financial matters of Adani Green Energy," its website says.
The crisis is the second in two years to hit the ports-to-power conglomerate founded by Gautam Adani, 62, who Forbes magazine says is the world’s 25th richest man. The fallout was felt immediately, as billions of dollars were wiped off the market value of Adani Group companies and Kenya's president canceled a massive airport project with the group.
*‘BRIBE NOTES’*
At the center of prosecutors' investigation were Sagar Adani’s "bribe notes," the court filings show, in which he kept track of the payments to secure power deals.
In his notes, Sagar Adani was detailed, sometimes calculating the bribe’s value down to the per megawatt rate. He also sought to be discreet, alluding to the government officials who had taken the money with their abbreviated titles.
One WhatsApp message dated Feb. 25, 2021, dealt with the Indian states of Jammu and Kashmir as well as Chhattisgarh as potential purchasers of green power. Sagar Adani wrote: “Just so you know, we have doubled the incentives to push for these acceptances.”
In another example laid out in the filings, Sagar Adani offered a bribe in July 2021 worth hundreds of thousands of dollars to government officials in the Indian state of Odisha in exchange for the state agreeing to purchase 500 megawatts of power.
Just one month later, in a series of meetings, the filings allege that Gautam Adani and Sagar Adani offered a bribe to Andhra Pradesh government officials, including the chief minister, in exchange for a power deal of 7,000 MW.
The bribe payment was worth approximately $200 million, the court filings say.
By Aditya Kalra and Michelle Conlin
November 22, 20247:39 AM GMT+8
U.S. indicts Adani Group executives for alleged $265 million bribery scheme
Sagar Adani's 'bribe notes' on phone detail payments to Indian officials, filings say
Adani Group says allegations are baseless
Nov 21 (Reuters) - A U.S. indictment of top executives of India's Adani Group has put a spotlight on Sagar Adani, a millennial scion of the company who kept track of hundreds of millions of dollars of alleged bribes to Indian officials on his mobile phone, court filings show.
U.S. prosecutors called the notes on Adani’s phone “bribe notes."
In those notes, Sagar Adani, nephew of the Indian conglomerate's billionaire founder Gautam Adani, noted the amount of the bribe he offered, which government official had been offered the money and how much solar power the official's region would buy in return. He even identified a per megawatt bribe rate to secure the power contracts, the court filings show.
In discussing how the bribery scheme was moving along in 2020, Sagar Adani remarked in a WhatsApp message: “Yup…but the optics are very difficult to cover.”
Those optics became impossible to cover on Wednesday when Sagar Adani, his uncle Gautam, one of the world's richest men, and six others were indicted for fraud by U.S. prosecutors over their alleged roles in a $265 million scheme to bribe Indian officials to secure power-supply deals expected to yield $2 billion in profit over 20 years. The U.S. Securities and Exchange Commission also filed a parallel civil case.
Sagar Adani and Gautam Adani did not respond to a Reuters request for comment.
In a statement, Adani Group said the allegations made by U.S. authorities in criminal and civil cases were "baseless and denied," adding that it would seek "all possible legal recourse."
Sagar Adani, 30, was educated at Brown University, an Ivy League college, and joined the Adani Group in 2015. He is credited with building the entire solar and wind portfolio of Adani Green Energy. He currently oversees "all strategic and financial matters of Adani Green Energy," its website says.
The crisis is the second in two years to hit the ports-to-power conglomerate founded by Gautam Adani, 62, who Forbes magazine says is the world’s 25th richest man. The fallout was felt immediately, as billions of dollars were wiped off the market value of Adani Group companies and Kenya's president canceled a massive airport project with the group.
*‘BRIBE NOTES’*
At the center of prosecutors' investigation were Sagar Adani’s "bribe notes," the court filings show, in which he kept track of the payments to secure power deals.
In his notes, Sagar Adani was detailed, sometimes calculating the bribe’s value down to the per megawatt rate. He also sought to be discreet, alluding to the government officials who had taken the money with their abbreviated titles.
One WhatsApp message dated Feb. 25, 2021, dealt with the Indian states of Jammu and Kashmir as well as Chhattisgarh as potential purchasers of green power. Sagar Adani wrote: “Just so you know, we have doubled the incentives to push for these acceptances.”
In another example laid out in the filings, Sagar Adani offered a bribe in July 2021 worth hundreds of thousands of dollars to government officials in the Indian state of Odisha in exchange for the state agreeing to purchase 500 megawatts of power.
Just one month later, in a series of meetings, the filings allege that Gautam Adani and Sagar Adani offered a bribe to Andhra Pradesh government officials, including the chief minister, in exchange for a power deal of 7,000 MW.
The bribe payment was worth approximately $200 million, the court filings say.
DOW TIMES (ABOVE & BEYOND)
21 Nov, 23:59
*US Says Adani Made False Statements to Lenders About News Report*
US alleges company denials of awareness of probe were false
Bloomberg reported in March that US was scrutinizing chairman
Billionaire Gautam Adani Charged by US Over Alleged $250 Million Bribe Plot
By Tom Schoenberg and Ava Benny-Morrison
22 November 2024 at 03:56 GMT+8
Nestled among the corruption allegations leveled against Gautam Adani by the US are his conglomerate’s reactions to a news story this year reporting that he was being investigated by the Justice Department for bribery.
The article referenced in the indictment is a March 15 Bloomberg News report that US prosecutors were digging into whether an Adani entity — or people linked to the company, including its billionaire chairman — were involved in paying officials in India for favorable treatment on an energy project. In that article, Adani Group said it wasn’t “aware of any investigation against our chairman” and that it was fully compliant with anti-bribery laws in India and elsewhere.
Prosecutors contend the denial was a false statement meant to further the alleged fraud scheme, given that Adani’s nephew, Sagar Adani, received a grand jury subpoena and search warrant a year earlier. Sagar is executive director of Adani Green Energy Ltd., India’s largest renewables developer.
The indictment also details further denials made by company officials and outside lawyers to investors and lenders over several weeks, including an email from Adani’s head of corporate finance referring to the article as “baseless,” “malicious” and “defamatory.”
*Adani Indictment*
“These false statements concealed both the United States government’s investigation and the bribery scheme from investors and financial institutions,” prosecutors said in the indictment, “all to ensure the conglomerate’s and the Indian energy company’s continued access to capital in the United States and elsewhere.”
A representative for Adani Group didn’t immediately reply to a message seeking comment. In response to the indictment, a spokesperson for the conglomerate denied the allegations and called them baseless. Adani Group is “a law-abiding organization, fully compliant with all laws,” the spokesperson said in a statement.
https://www.bloomberg.com/news/articles/2024-11-21/adani-reactions-to-news-report-highlighted-in-us-bribery-charges
US alleges company denials of awareness of probe were false
Bloomberg reported in March that US was scrutinizing chairman
Billionaire Gautam Adani Charged by US Over Alleged $250 Million Bribe Plot
By Tom Schoenberg and Ava Benny-Morrison
22 November 2024 at 03:56 GMT+8
Nestled among the corruption allegations leveled against Gautam Adani by the US are his conglomerate’s reactions to a news story this year reporting that he was being investigated by the Justice Department for bribery.
The article referenced in the indictment is a March 15 Bloomberg News report that US prosecutors were digging into whether an Adani entity — or people linked to the company, including its billionaire chairman — were involved in paying officials in India for favorable treatment on an energy project. In that article, Adani Group said it wasn’t “aware of any investigation against our chairman” and that it was fully compliant with anti-bribery laws in India and elsewhere.
Prosecutors contend the denial was a false statement meant to further the alleged fraud scheme, given that Adani’s nephew, Sagar Adani, received a grand jury subpoena and search warrant a year earlier. Sagar is executive director of Adani Green Energy Ltd., India’s largest renewables developer.
The indictment also details further denials made by company officials and outside lawyers to investors and lenders over several weeks, including an email from Adani’s head of corporate finance referring to the article as “baseless,” “malicious” and “defamatory.”
*Adani Indictment*
“These false statements concealed both the United States government’s investigation and the bribery scheme from investors and financial institutions,” prosecutors said in the indictment, “all to ensure the conglomerate’s and the Indian energy company’s continued access to capital in the United States and elsewhere.”
A representative for Adani Group didn’t immediately reply to a message seeking comment. In response to the indictment, a spokesperson for the conglomerate denied the allegations and called them baseless. Adani Group is “a law-abiding organization, fully compliant with all laws,” the spokesperson said in a statement.
https://www.bloomberg.com/news/articles/2024-11-21/adani-reactions-to-news-report-highlighted-in-us-bribery-charges
DOW TIMES (ABOVE & BEYOND)
15 Nov, 01:09
https://x.com/dhandhoinves/status/1857069766457905265?t=F3ACk7kUJqMG2eB9xS0Seg&s=08
DOW TIMES (ABOVE & BEYOND)
15 Nov, 00:47
Maharashtra, Khamgaon:- Watch this report on how Hindus have lost this village to Jihadis.
🔺@AngrySaffron
🔺@AngrySaffron
DOW TIMES (ABOVE & BEYOND)
14 Nov, 05:22
UNMISSABLE - AFCOM- READY TO FLY
https://x.com/wealthsolitaire/status/1856928448285212842?s=48
https://x.com/wealthsolitaire/status/1856928448285212842?s=48
DOW TIMES (ABOVE & BEYOND)
14 Nov, 02:02
✅✅LAKSHAY POWER-H1 UPDATE
TP- 550
🎯 Strong management to deliver decent growth. O&M, EPC & Data Centre
✅H1 Rev 67 Cr & PAT 7 Cr. Sharp improvement in Margins
🎯 Reiterate that Co will report 190-200 Cr Rev & 20-21 Cr PAT for FY25 ( For EPC companies, H2 accounts for peak Revenue)
1️⃣FY25E Rev 190 Cr EPS 20(PAT Margin can b 11%)
2️⃣FY26 E Rev 240 Cr EPS 28(PAT Margin can be 12%)
3️⃣FY27E Rev 320 Cr EPS 39(PAT Margin can be 13%)
✅Deserves 20 PE at least
# Best bottom fishing at stock is down by ₹ 100 from recent High ( Traders have dumped by annualising H1 financials)
TP- 550
🎯 Strong management to deliver decent growth. O&M, EPC & Data Centre
✅H1 Rev 67 Cr & PAT 7 Cr. Sharp improvement in Margins
🎯 Reiterate that Co will report 190-200 Cr Rev & 20-21 Cr PAT for FY25 ( For EPC companies, H2 accounts for peak Revenue)
1️⃣FY25E Rev 190 Cr EPS 20(PAT Margin can b 11%)
2️⃣FY26 E Rev 240 Cr EPS 28(PAT Margin can be 12%)
3️⃣FY27E Rev 320 Cr EPS 39(PAT Margin can be 13%)
✅Deserves 20 PE at least
# Best bottom fishing at stock is down by ₹ 100 from recent High ( Traders have dumped by annualising H1 financials)
DOW TIMES (ABOVE & BEYOND)
13 Nov, 22:29
*Gujarat Tool:* Net profit at Rs 29.0 cr vs Rs 3.2 cr, Revenue at Rs 271 cr vs Rs 157 cr (YoY) (Positive)
*Hind Adhesives:* Net profit at Rs 5.4 cr vs Rs 3.8 cr, Revenue at Rs 84 cr vs Rs 81 cr (YoY) (Positive)
*IFB Agro:* Net profit at Rs 4.4 cr vs loss Rs 2.8 cr, Revenue at Rs 384 cr vs Rs 352 cr (YoY) (Positive)
*Time Techno:* Net profit at Rs 99 cr vs Rs 72 cr, Revenue at Rs 137 cr vs Rs 119 cr (YoY) (Positive)
*Hind Copper:* Net profit at Rs 101.7 cr vs Rs 60.7 cr, Revenue at Rs 518 cr vs Rs 381 cr (YoY) (Positive)
*Triveni Turbine:* Net profit at Rs 91 cr vs Rs 64.0 cr, Revenue at Rs 501 cr vs Rs 388 cr (YoY) (Positive)
*ONGC:* Net profit at Rs 11984 cr vs poll Rs 8825 cr, Revenue at Rs 33881 cr vs poll Rs 33215 cr (Positive)
*Hindalco:* Net profit at Rs 3909 cr vs poll Rs 3297 cr, Revenue at Rs 58203 cr vs poll Rs 55132 cr (Positive)
*Dee Development:* Net profit at Rs 22.2 cr vs Rs 9.9 cr, Revenue at Rs 194 cr vs Rs 178 cr (YoY) (Positive)
*Riddhi Siddhi Gluco:* Net profit at Rs 13.3 cr vs Rs 9.8 cr, Revenue at Rs 48.9 cr vs Rs 18.1 cr (YoY) (Positive)
*Jai Corp:* Net Profit at Rs 20.4 cr vs Rs 13.9 cr, Revenue at Rs 143.7 cr vs Rs 123.9 cr (Positive)
*Jubulant Foods:* Net profit at Rs 64.0 cr vs Rs 97.2 cr, Revenue at Rs 1950 cr vs Rs 1370 cr (YoY) (Neutral)
*Premier Explosives:* Net profit at Rs 8.41 cr vs Rs 11.65 cr, Revenue at Rs 94.6 cr vs Rs 78.4 cr (YoY) (Neutral)
*Insecticides:* Net profit at Rs 61.6 cr vs Rs 53.2 cr, Revenue at Rs 627 cr vs Rs 690 cr (YoY) (Neutral)
*HG Infra Eng:* Net profit at Rs 80.7 cr vs Rs 96.1 cr, Revenue at Rs 900 cr vs Rs 954 cr (YoY) (Neutral)
*Blue Dart:* Net profit at Rs 62.8 cr vs Rs 73.0 cr, Revenue at Rs 1449 cr vs Rs 1324 cr (YoY) (Neutral)
*HMA Agro:* Net profit at Rs 25.1 cr vs Rs 38.2 cr, Revenue at Rs 1070 cr vs Rs 1180 cr (YoY) (Neutral)
*NMDC:* Net profit at Rs 1196 cr vs Rs 1963 cr, Revenue at Rs 4919 cr vs Rs 5414 cr (QoQ) Company announced bonus issue of share 2:1 (Neutral)
*Welspun Corp:* Net profit at Rs 290 cr vs Rs 385 cr, Revenue at Rs 3300 cr vs Rs 4060 cr (YoY) (Neutral)
*MSTC:* Net profit at Rs 41 cr vs Rs 39 cr, Revenue at Rs 72 cr vs Rs 69 cr (YoY) (Neutral)
*ELGI:* Net profit at Rs 94.7 cr vs Rs 91.3 cr, Revenue at Rs 870 cr vs Rs 800 cr (YoY) (Neutral)
*Azad:* Net profit at Rs 21.0 cr vs Rs 19.0 cr, Revenue at Rs 111 cr vs Rs 83 cr (YoY) (Neutral)
*TVS Supply:* Net profit at Rs 11 cr vs loss Rs 41 cr, Revenue at Rs 2513 cr vs Rs 2263 cr (YoY) (Neutral)
*KDDL:* Net profit at Rs 24.5 cr vs Rs 25.4 cr, Revenue at Rs 396 cr vs Rs 340 cr (YoY) (Neutral)
*Vedanta:* Vedanta group plans $500 million investment in Avanstrate inc. to drive innovation in high-tech display glass products (Neutral)
*Shakti Pumps:* Company has fixed Monday, 25th November 2024 as the Record date for the purpose of determining eligibility for bonus equity shares (Neutral)
*CENTURY EXT:* Revision on Proposal for Setup of New Extrusions Press at Existing Factory at Kharagpur (Neutral)
*Indian Oil Corp:* Gujarat refinery ops normal after benzene tank fire (Neutral)
*Max Healthcare:* Company completes acquisition of Jaypee Healthcare. (Neutral)
*Wockhardt:* Company closes QIP, raises Rs 1,000 crore. (Neutral)
*Britannia:* Net profit at Rs 531 cr vs poll Rs 630 cr, Revenue at Rs 4668 cr vs poll Rs 4769 cr (Negative)
*Shree Cement:* Net profit at Rs 93.1cr vs Rs 490 cr, Revenue at Rs 3730 cr vs Rs 4560 cr (YoY) (Negative)
*Hind Adhesives:* Net profit at Rs 5.4 cr vs Rs 3.8 cr, Revenue at Rs 84 cr vs Rs 81 cr (YoY) (Positive)
*IFB Agro:* Net profit at Rs 4.4 cr vs loss Rs 2.8 cr, Revenue at Rs 384 cr vs Rs 352 cr (YoY) (Positive)
*Time Techno:* Net profit at Rs 99 cr vs Rs 72 cr, Revenue at Rs 137 cr vs Rs 119 cr (YoY) (Positive)
*Hind Copper:* Net profit at Rs 101.7 cr vs Rs 60.7 cr, Revenue at Rs 518 cr vs Rs 381 cr (YoY) (Positive)
*Triveni Turbine:* Net profit at Rs 91 cr vs Rs 64.0 cr, Revenue at Rs 501 cr vs Rs 388 cr (YoY) (Positive)
*ONGC:* Net profit at Rs 11984 cr vs poll Rs 8825 cr, Revenue at Rs 33881 cr vs poll Rs 33215 cr (Positive)
*Hindalco:* Net profit at Rs 3909 cr vs poll Rs 3297 cr, Revenue at Rs 58203 cr vs poll Rs 55132 cr (Positive)
*Dee Development:* Net profit at Rs 22.2 cr vs Rs 9.9 cr, Revenue at Rs 194 cr vs Rs 178 cr (YoY) (Positive)
*Riddhi Siddhi Gluco:* Net profit at Rs 13.3 cr vs Rs 9.8 cr, Revenue at Rs 48.9 cr vs Rs 18.1 cr (YoY) (Positive)
*Jai Corp:* Net Profit at Rs 20.4 cr vs Rs 13.9 cr, Revenue at Rs 143.7 cr vs Rs 123.9 cr (Positive)
*Jubulant Foods:* Net profit at Rs 64.0 cr vs Rs 97.2 cr, Revenue at Rs 1950 cr vs Rs 1370 cr (YoY) (Neutral)
*Premier Explosives:* Net profit at Rs 8.41 cr vs Rs 11.65 cr, Revenue at Rs 94.6 cr vs Rs 78.4 cr (YoY) (Neutral)
*Insecticides:* Net profit at Rs 61.6 cr vs Rs 53.2 cr, Revenue at Rs 627 cr vs Rs 690 cr (YoY) (Neutral)
*HG Infra Eng:* Net profit at Rs 80.7 cr vs Rs 96.1 cr, Revenue at Rs 900 cr vs Rs 954 cr (YoY) (Neutral)
*Blue Dart:* Net profit at Rs 62.8 cr vs Rs 73.0 cr, Revenue at Rs 1449 cr vs Rs 1324 cr (YoY) (Neutral)
*HMA Agro:* Net profit at Rs 25.1 cr vs Rs 38.2 cr, Revenue at Rs 1070 cr vs Rs 1180 cr (YoY) (Neutral)
*NMDC:* Net profit at Rs 1196 cr vs Rs 1963 cr, Revenue at Rs 4919 cr vs Rs 5414 cr (QoQ) Company announced bonus issue of share 2:1 (Neutral)
*Welspun Corp:* Net profit at Rs 290 cr vs Rs 385 cr, Revenue at Rs 3300 cr vs Rs 4060 cr (YoY) (Neutral)
*MSTC:* Net profit at Rs 41 cr vs Rs 39 cr, Revenue at Rs 72 cr vs Rs 69 cr (YoY) (Neutral)
*ELGI:* Net profit at Rs 94.7 cr vs Rs 91.3 cr, Revenue at Rs 870 cr vs Rs 800 cr (YoY) (Neutral)
*Azad:* Net profit at Rs 21.0 cr vs Rs 19.0 cr, Revenue at Rs 111 cr vs Rs 83 cr (YoY) (Neutral)
*TVS Supply:* Net profit at Rs 11 cr vs loss Rs 41 cr, Revenue at Rs 2513 cr vs Rs 2263 cr (YoY) (Neutral)
*KDDL:* Net profit at Rs 24.5 cr vs Rs 25.4 cr, Revenue at Rs 396 cr vs Rs 340 cr (YoY) (Neutral)
*Vedanta:* Vedanta group plans $500 million investment in Avanstrate inc. to drive innovation in high-tech display glass products (Neutral)
*Shakti Pumps:* Company has fixed Monday, 25th November 2024 as the Record date for the purpose of determining eligibility for bonus equity shares (Neutral)
*CENTURY EXT:* Revision on Proposal for Setup of New Extrusions Press at Existing Factory at Kharagpur (Neutral)
*Indian Oil Corp:* Gujarat refinery ops normal after benzene tank fire (Neutral)
*Max Healthcare:* Company completes acquisition of Jaypee Healthcare. (Neutral)
*Wockhardt:* Company closes QIP, raises Rs 1,000 crore. (Neutral)
*Britannia:* Net profit at Rs 531 cr vs poll Rs 630 cr, Revenue at Rs 4668 cr vs poll Rs 4769 cr (Negative)
*Shree Cement:* Net profit at Rs 93.1cr vs Rs 490 cr, Revenue at Rs 3730 cr vs Rs 4560 cr (YoY) (Negative)
DOW TIMES (ABOVE & BEYOND)
13 Nov, 22:29
*Kunvarji: India Daybook – Stocks in News*
*Waaree Renewable:* Company Setting up of 41.6 MW DC capacity IPP Plant at Cuddalore District, Tamil Nadu. (Positive)
*Cello World:* Company started production at glassware manufacturing unit in Rajasthan (Positive)
*Oil Downstream stocks:* Brent crude fell to $72 per barrel. (Positive)
*Rail Vikas Nigam:* Company emerges as the Lowest Bidder (L1) from South Central Railway for project worth Rs 294 cr. (Positive)
*Ausom Enterprise:* Company receives letter of intent from Gujarat Urja Vikas Nigam; order for supply of solar photovoltaic power project, project capacity of 50 MW (Positive)
*Balmer Lawrie:* Company forays into rail logistics, Company signs agreement with Gatx India for rail logistics. (Positive)
*L&T Technology Services:* Company to acquire Intelliswift for $110 Million, boosting AI and software capabilities (Positive)
*Welspun Corp:* Company sold 5% equity stake in East Pipes Integrated Company (EPIC) in Saudi Arabia for SAR 218.9 million (approx. US$58 million) (Positive)
*Kfin Technologies:* CAMS and Kfintech announce joint venture for MF central, new entity to handle technology, sales, and marketing for MF central. (Positive)
*Ashapuri Gold Ornament:* Company has entered into a Contract for Supply of Gold Jewellery to Titan Company Limited. (Positive)
*Power Mech:* Net profit at Rs 67 cr vs Rs 51 cr, Revenue at Rs 1045 cr vs Rs 936 cr (YoY) (Positive)
*Marathon Nextgen:* Net profit at Rs 48.4 cr vs Rs 34.3 cr, Revenue at Rs 150 cr vs Rs 129 cr (YoY) (Positive)
*Awfis Space:* Net profit at Rs 39 cr vs Loss of Rs 4 cr, Revenue at Rs 292 cr vs Rs 208 cr (YoY) (Positive)
*Parag Milk:* Net profit at Rs 29.2 cr vs Rs 25.2 cr, Revenue at Rs 871 cr vs Rs 798 cr (YoY) (Positive)
*Goodluck India:* Net profit at Rs 45.06 cr vs Rs 34.70 cr, Revenue at Rs 970 cr vs Rs 875 cr (YoY) (Positive)
*Pilani Investment:* Net profit at Rs 94.9 cr vs Rs 82.3 cr, Revenue at Rs 140 cr vs Rs 124 cr (YoY) (Positive)
*Bank of India:* Net profit at Rs 2373 cr vs Rs 1458 cr, NII at Rs 5985 cr vs Rs 5740 cr (YoY) (Positive)
*Abans Holding:* Net profit at Rs 25.4 cr vs Rs 21.3 cr, Revenue at Rs 640 cr vs Rs 360 cr (YoY) (Positive)
*Orient Tech:* Net profit at Rs 15.1 cr vs Rs 9.3 cr, Revenue at Rs 220 cr vs Rs 150 cr (YoY) (Positive)
*Bansal Wire Industries:* Net profit at Rs 40 cr vs Rs 18 cr, Revenue at Rs 825 cr vs Rs 603 cr (YoY) (Positive)
*EPL Ltd:* Net profit at Rs 89 cr vs Rs 52 cr, Revenue at Rs 1086 cr vs Rs 1001 cr (YoY) (Positive)
*Kamdhenu:* Net profit at Rs 15.9 cr vs Rs 10.2 cr, Revenue at Rs 190 cr vs Rs 185 cr (YoY) (Positive)
*Galaxy Surf:* Net profit at Rs 84.7 cr vs Rs 77.4 cr, Revenue at Rs 1060 cr vs Rs 983 cr (YoY) (Positive)
*Simplex Castings:* Net profit at Rs 3.6 cr vs Rs 0.21 cr, Revenue at Rs 29 cr vs Rs 26 cr (YoY) (Positive)
*Maithan Alloys:* Net profit at Rs 140 cr vs Rs 61.9 cr, Revenue at Rs 460 cr vs Rs 443 cr (YoY) (Positive)
*Sansera Eng:* Net profit at Rs 50.6 cr vs Rs 46.9 cr, Revenue at Rs 760 cr vs Rs 693 cr (YoY) (Positive)
*HLE Glass:* Net profit at Rs 12.7 cr vs Rs 10.0 cr, Revenue at Rs 236 cr vs Rs 224 cr (YoY) (Positive)
*Ramco Cement:* Net profit at Rs 25.06 cr vs poll of Rs 10 cr loss, Revenue at Rs 2044 cr vs poll Rs 2055 cr (Positive)
*National Fertilizers:* Net loss at Rs 0.16 cr vs loss Rs 113 cr, Revenue at Rs 4390 cr vs Rs 5650 cr (YoY) (Positive)
*Bengal & Assam Company:* Net profit at Rs 99.2 cr vs Rs 66.9 cr, Revenue at Rs 123 cr vs Rs 87 cr (QoQ) (Positive)
*Syncon:* Net profit at Rs 11 cr vs Rs 6.2 cr, Revenue at Rs 101.5 cr vs Rs 62 cr (YoY) (Positive)
*TCPL:* Net profit at Rs 35.6 cr vs Rs 28.3 cr, Revenue at Rs 455 cr vs Rs 398 cr (YoY) (Positive)
*Waaree Renewable:* Company Setting up of 41.6 MW DC capacity IPP Plant at Cuddalore District, Tamil Nadu. (Positive)
*Cello World:* Company started production at glassware manufacturing unit in Rajasthan (Positive)
*Oil Downstream stocks:* Brent crude fell to $72 per barrel. (Positive)
*Rail Vikas Nigam:* Company emerges as the Lowest Bidder (L1) from South Central Railway for project worth Rs 294 cr. (Positive)
*Ausom Enterprise:* Company receives letter of intent from Gujarat Urja Vikas Nigam; order for supply of solar photovoltaic power project, project capacity of 50 MW (Positive)
*Balmer Lawrie:* Company forays into rail logistics, Company signs agreement with Gatx India for rail logistics. (Positive)
*L&T Technology Services:* Company to acquire Intelliswift for $110 Million, boosting AI and software capabilities (Positive)
*Welspun Corp:* Company sold 5% equity stake in East Pipes Integrated Company (EPIC) in Saudi Arabia for SAR 218.9 million (approx. US$58 million) (Positive)
*Kfin Technologies:* CAMS and Kfintech announce joint venture for MF central, new entity to handle technology, sales, and marketing for MF central. (Positive)
*Ashapuri Gold Ornament:* Company has entered into a Contract for Supply of Gold Jewellery to Titan Company Limited. (Positive)
*Power Mech:* Net profit at Rs 67 cr vs Rs 51 cr, Revenue at Rs 1045 cr vs Rs 936 cr (YoY) (Positive)
*Marathon Nextgen:* Net profit at Rs 48.4 cr vs Rs 34.3 cr, Revenue at Rs 150 cr vs Rs 129 cr (YoY) (Positive)
*Awfis Space:* Net profit at Rs 39 cr vs Loss of Rs 4 cr, Revenue at Rs 292 cr vs Rs 208 cr (YoY) (Positive)
*Parag Milk:* Net profit at Rs 29.2 cr vs Rs 25.2 cr, Revenue at Rs 871 cr vs Rs 798 cr (YoY) (Positive)
*Goodluck India:* Net profit at Rs 45.06 cr vs Rs 34.70 cr, Revenue at Rs 970 cr vs Rs 875 cr (YoY) (Positive)
*Pilani Investment:* Net profit at Rs 94.9 cr vs Rs 82.3 cr, Revenue at Rs 140 cr vs Rs 124 cr (YoY) (Positive)
*Bank of India:* Net profit at Rs 2373 cr vs Rs 1458 cr, NII at Rs 5985 cr vs Rs 5740 cr (YoY) (Positive)
*Abans Holding:* Net profit at Rs 25.4 cr vs Rs 21.3 cr, Revenue at Rs 640 cr vs Rs 360 cr (YoY) (Positive)
*Orient Tech:* Net profit at Rs 15.1 cr vs Rs 9.3 cr, Revenue at Rs 220 cr vs Rs 150 cr (YoY) (Positive)
*Bansal Wire Industries:* Net profit at Rs 40 cr vs Rs 18 cr, Revenue at Rs 825 cr vs Rs 603 cr (YoY) (Positive)
*EPL Ltd:* Net profit at Rs 89 cr vs Rs 52 cr, Revenue at Rs 1086 cr vs Rs 1001 cr (YoY) (Positive)
*Kamdhenu:* Net profit at Rs 15.9 cr vs Rs 10.2 cr, Revenue at Rs 190 cr vs Rs 185 cr (YoY) (Positive)
*Galaxy Surf:* Net profit at Rs 84.7 cr vs Rs 77.4 cr, Revenue at Rs 1060 cr vs Rs 983 cr (YoY) (Positive)
*Simplex Castings:* Net profit at Rs 3.6 cr vs Rs 0.21 cr, Revenue at Rs 29 cr vs Rs 26 cr (YoY) (Positive)
*Maithan Alloys:* Net profit at Rs 140 cr vs Rs 61.9 cr, Revenue at Rs 460 cr vs Rs 443 cr (YoY) (Positive)
*Sansera Eng:* Net profit at Rs 50.6 cr vs Rs 46.9 cr, Revenue at Rs 760 cr vs Rs 693 cr (YoY) (Positive)
*HLE Glass:* Net profit at Rs 12.7 cr vs Rs 10.0 cr, Revenue at Rs 236 cr vs Rs 224 cr (YoY) (Positive)
*Ramco Cement:* Net profit at Rs 25.06 cr vs poll of Rs 10 cr loss, Revenue at Rs 2044 cr vs poll Rs 2055 cr (Positive)
*National Fertilizers:* Net loss at Rs 0.16 cr vs loss Rs 113 cr, Revenue at Rs 4390 cr vs Rs 5650 cr (YoY) (Positive)
*Bengal & Assam Company:* Net profit at Rs 99.2 cr vs Rs 66.9 cr, Revenue at Rs 123 cr vs Rs 87 cr (QoQ) (Positive)
*Syncon:* Net profit at Rs 11 cr vs Rs 6.2 cr, Revenue at Rs 101.5 cr vs Rs 62 cr (YoY) (Positive)
*TCPL:* Net profit at Rs 35.6 cr vs Rs 28.3 cr, Revenue at Rs 455 cr vs Rs 398 cr (YoY) (Positive)
DOW TIMES (ABOVE & BEYOND)
13 Nov, 22:28
Corrected from 52week High.
ZEEL -58%
SPARC -56%
COCHINSHIP -49%
MAHSEAMLES -46%
MRPL -46%
CREDITACC -45%
SYRMA -43%
ATGL -43%
ALOKINDS -42%
RBLBANK -42%
NETWORK18 -41%
HUDCO -41%
EQUITASBNK -41%
TITAGARH -40%
MMTC -40%
SCI -40%
IRCON -40%
DBREALTY -40%
ITI -39%
ENGINERSIN -39%
UJJIVANSFB -39%
KIOCL -38%
HINDZINC -38%
J&KBANK -38%
IFCI -38%
BDL -38%
IRFC -37%
MANAPPURAM -37%
GRSE -37%
IOB -37%
NIACL -36%
IIFL -36%
PNCINFRA -36%
TRIDENT -36%
UNIONBANK -36%
DATAPATTNS -35%
TANLA -35%
ANURAS -35%
NSLNISP -35%
UCOBANK -35%
BANKINDIA -35%
FORCEMOT -34%
AARTIIND -34%
CGCL -34%
RAILTEL -34%
INFIBEAM -34%
SWANENERGY -34%
BIRLACORPN -33%
KIRLOSBROS -33%
ADANIPOWER -33%
SFL -33%
PSB -33%
IREDA -33%
SAMMAANCAP -33%
JWL -32%
JUNIPER -32%
BSOFT -32%
MEDANTA -32%
LODHA -32%
TTML -31%
SONATSOFTW -31%
NHPC -31%
GMDCLTD -31%
INTELLECT -30%
BANDHANBNK -30%
CHENNPETRO -30%
RAYMOND -30%
MAHABANK -29%
CERA -29%
PAYTM -29%
KPIGREEN -29%
PNB -29%
JKTYRE -28%
IRB -28%
RVNL -28%
RHIM -28%
CONCOR -28%
JBMA -28%
SKFINDIA -28%
TATAINVEST -28%
SAIL -28%
POONAWALLA -28%
DMART -28%
RITES -28%
DALBHARAT -28%
HFCL -28%
CONCORDBIO -28%
CYIENT -27%
REDINGTON -27%
NBCC -27%
CENTRALBK -27%
BHEL -27%
LICHSGFIN -27%
AEGISLOG -27%
RTNINDIA -27%
SJVN -26%
BEML -26%
VGUARD -26%
JYOTICNC -26%
SWSOLAR -26%
FACT -26%
UNOMINDA -25%
WELSPUNLIV -25%
IRCTC -25%
GPIL -25%
ASTRAL -25%
ARE&M -25%
ADANIENSOL -25%
GLAND -25%
MAHLIFE -25%
ASTERDM -25%
TATATECH -25%
INOXINDIA -25%
PRSMJOHNSN -25%
TIMKEN -25%
RPOWER -25%
RENUKA -25%
IDBI -25%
FINCABLES -25%
LICI -25%
HINDCOPPER -25%
PHOENIXLTD -24%
ZYDUSLIFE -24%
BAJAJELEC -24%
IDFCFIRSTB -24%
ZFCVINDIA -24%
LEMONTREE -24%
CASTROLIND -24%
PNBHOUSING -24%
SHOPERSTOP -24%
OLECTRA -24%
MAPMYINDIA -24%
RELINFRA -24%
TATAMOTORS -24%
HONASA -24%
IEX -24%
ACI -24%
INDIAMART -23%
INDUSINDBK -23%
BLS -23%
ZYDUSWELL -23%
VTL -23%
ENDURANCE -23%
GODREJIND -23%
SUPREMEIND -23%
ANGELONE -23%
DEVYANI -23%
GRAPHITE -23%
IGL -23%
GNFC -23%
BAJAJ-AUTO -23%
ELECTCAST -23%
KANSAINER -22%
EIHOTEL -22%
ADANIENT -22%
CARBORUNIV -22%
SHREECEM -22%
NYKAA -22%
GODFRYPHLP -22%
EXIDEIND -22%
NMDC -22%
ADANIGREEN -22%
RAMCOCEM -21%
RATEGAIN -21%
MAZDOCK -21%
MGL -21%
SOBHA -21%
TATACONSUM -21%
AWL -21%
ALKYLAMINE -21%
GUJGASLTD -21%
KIRLOSENG -21%
PCBL -21%
MSUMI -21%
SCHAEFFLER -21%
HAL -21%
ELECON -21%
DELHIVERY -21%
TATAELXSI -21%
PFC -21%
JPPOWER -21%
STARCEMENT -21%
GMRINFRA -20%
ONGC -20%
SBFC -20%
BHARATFORG -20%
CANBK -20%
MINDACORP -20%
ROUTE -20%
ZEEL -58%
SPARC -56%
COCHINSHIP -49%
MAHSEAMLES -46%
MRPL -46%
CREDITACC -45%
SYRMA -43%
ATGL -43%
ALOKINDS -42%
RBLBANK -42%
NETWORK18 -41%
HUDCO -41%
EQUITASBNK -41%
TITAGARH -40%
MMTC -40%
SCI -40%
IRCON -40%
DBREALTY -40%
ITI -39%
ENGINERSIN -39%
UJJIVANSFB -39%
KIOCL -38%
HINDZINC -38%
J&KBANK -38%
IFCI -38%
BDL -38%
IRFC -37%
MANAPPURAM -37%
GRSE -37%
IOB -37%
NIACL -36%
IIFL -36%
PNCINFRA -36%
TRIDENT -36%
UNIONBANK -36%
DATAPATTNS -35%
TANLA -35%
ANURAS -35%
NSLNISP -35%
UCOBANK -35%
BANKINDIA -35%
FORCEMOT -34%
AARTIIND -34%
CGCL -34%
RAILTEL -34%
INFIBEAM -34%
SWANENERGY -34%
BIRLACORPN -33%
KIRLOSBROS -33%
ADANIPOWER -33%
SFL -33%
PSB -33%
IREDA -33%
SAMMAANCAP -33%
JWL -32%
JUNIPER -32%
BSOFT -32%
MEDANTA -32%
LODHA -32%
TTML -31%
SONATSOFTW -31%
NHPC -31%
GMDCLTD -31%
INTELLECT -30%
BANDHANBNK -30%
CHENNPETRO -30%
RAYMOND -30%
MAHABANK -29%
CERA -29%
PAYTM -29%
KPIGREEN -29%
PNB -29%
JKTYRE -28%
IRB -28%
RVNL -28%
RHIM -28%
CONCOR -28%
JBMA -28%
SKFINDIA -28%
TATAINVEST -28%
SAIL -28%
POONAWALLA -28%
DMART -28%
RITES -28%
DALBHARAT -28%
HFCL -28%
CONCORDBIO -28%
CYIENT -27%
REDINGTON -27%
NBCC -27%
CENTRALBK -27%
BHEL -27%
LICHSGFIN -27%
AEGISLOG -27%
RTNINDIA -27%
SJVN -26%
BEML -26%
VGUARD -26%
JYOTICNC -26%
SWSOLAR -26%
FACT -26%
UNOMINDA -25%
WELSPUNLIV -25%
IRCTC -25%
GPIL -25%
ASTRAL -25%
ARE&M -25%
ADANIENSOL -25%
GLAND -25%
MAHLIFE -25%
ASTERDM -25%
TATATECH -25%
INOXINDIA -25%
PRSMJOHNSN -25%
TIMKEN -25%
RPOWER -25%
RENUKA -25%
IDBI -25%
FINCABLES -25%
LICI -25%
HINDCOPPER -25%
PHOENIXLTD -24%
ZYDUSLIFE -24%
BAJAJELEC -24%
IDFCFIRSTB -24%
ZFCVINDIA -24%
LEMONTREE -24%
CASTROLIND -24%
PNBHOUSING -24%
SHOPERSTOP -24%
OLECTRA -24%
MAPMYINDIA -24%
RELINFRA -24%
TATAMOTORS -24%
HONASA -24%
IEX -24%
ACI -24%
INDIAMART -23%
INDUSINDBK -23%
BLS -23%
ZYDUSWELL -23%
VTL -23%
ENDURANCE -23%
GODREJIND -23%
SUPREMEIND -23%
ANGELONE -23%
DEVYANI -23%
GRAPHITE -23%
IGL -23%
GNFC -23%
BAJAJ-AUTO -23%
ELECTCAST -23%
KANSAINER -22%
EIHOTEL -22%
ADANIENT -22%
CARBORUNIV -22%
SHREECEM -22%
NYKAA -22%
GODFRYPHLP -22%
EXIDEIND -22%
NMDC -22%
ADANIGREEN -22%
RAMCOCEM -21%
RATEGAIN -21%
MAZDOCK -21%
MGL -21%
SOBHA -21%
TATACONSUM -21%
AWL -21%
ALKYLAMINE -21%
GUJGASLTD -21%
KIRLOSENG -21%
PCBL -21%
MSUMI -21%
SCHAEFFLER -21%
HAL -21%
ELECON -21%
DELHIVERY -21%
TATAELXSI -21%
PFC -21%
JPPOWER -21%
STARCEMENT -21%
GMRINFRA -20%
ONGC -20%
SBFC -20%
BHARATFORG -20%
CANBK -20%
MINDACORP -20%
ROUTE -20%
DOW TIMES (ABOVE & BEYOND)
13 Nov, 22:21
*ये खड़गे भी "योगी जी" को मोदी जी की तरह हल्के में ले रहा था,*
*महाराज जी ने उसे एक झटके में ही उसकी मां बहन याद दिला दी*..!🫵🏼
🚩🚩🚩🚩🚩
*महाराज जी ने उसे एक झटके में ही उसकी मां बहन याद दिला दी*..!🫵🏼
🚩🚩🚩🚩🚩
DOW TIMES (ABOVE & BEYOND)
13 Nov, 22:21
Arnab's apeal to all HINDUS!
Must listen and forward in masses
Must listen and forward in masses
DOW TIMES (ABOVE & BEYOND)
13 Nov, 22:07
मल्लिकार्जुन खड़गे आज एक सभा में कह रहे हैं कि मेरी मां को जिंदा जला दिया गया मेरी तीन बहनों को जिंदा जला दिया गया मेरे चाचा को जिंदा जला दिया गया मेरे भाई को जिंदा जला दिया गया सिर्फ मैं और मेरे पिताजी बचे
फिर आगे कहते हैं मैं यह नहीं बताऊंगा कि मेरे समूचे परिवार को किसने जिंदा जलाया
खड़के जी आप बताने की हिम्मत इसलिए नहीं कर रहे हैं क्योंकि आपको वोट बैंक प्यारा है
आपके पूरे परिवार को जिंदा मुसलमानो ने जलाया
मल्लिकार्जुन खडगे की सगी मां और बहन चाचा को हैदराबाद के निजाम के रजाकारों ने जिंदा जला कर मार डाला था
निजाम के राजकरो ने सिर्फ दलित मल्लिकार्जुन खड़गे के समूचे परिवार को जिंदा नहीं जलाया बल्कि अपने क्षेत्र में आने वाले हजारों दलितों के पूरे के पूरे गांव को जिंदा जलाकर मार डाला था
डॉक्टर भीमराव अंबेडकर ने ऐलान किया कि मेरे दलित भाइयों निजाम का राज्य छोड़कर दूसरे राज्य में भागों लेकिन अपना धर्म परिवर्तन करके मुसलमान मत बनना
मल्लिकार्जुन खरगे ने अपनी मां और बहन को आंखों के सामने जिंदा जलते हुए देखा, लेकिन वह कुछ नहीं कर सके थे। हैदराबाद के निजाम के रजाकारों (एक निजी सेना या मिलिशिया) ने उनके घर को जला दिया था। 1948 में हुई इस दुखद घटना का अभी तक खुलासा नहीं हुआ था। मल्लिकार्जुन खरगे के बेटे प्रियांक ने एक न्यूज चैनल से बातचीत के दौरान इस वाकये का जिक्र किया। उन्होंने बताया कि कैसे उनके पिता मल्लिकार्जुन और दादा मपन्ना उस हादसे में बच गए।
प्रियांक खड़गे ने बताया कि निजाम के रजाकारों ने पूरे क्षेत्र में तोड़फोड़ की, लूटपाट की और घरों पर हमला किया, जिसे तब हैदराबाद राज्य कहा जाता था। भालकी, कर्नाटक के आधुनिक बीदर जिले में महाराष्ट्र तक के कई अन्य गांवों की तरह घेराबंदी के अधीन था। प्रियांक बताते हैं कि मेरे दादाजी खेतों में काम कर रहे थे। तभी एक पड़ोसी ने उन्हें बताया कि रजाकारों ने उनके टिन की छत वाले घर में आग लगा दी है। रजाकार देखते ही देखते हर गांव पर हमला कर रहे थे। वे चार लाख की मजबूत सेना थे और अपने दम पर काम कर रहे थे क्योंकि उनके पास कोई नेता नहीं था। मेरे दादाजी घर पहुंचे, लेकिन केवल मेरे पिता को बचा सके, जो उनकी पहुंच के भीतर थे। मेरी दादी और चाची को बचाने में बहुत देर हो चुकी थी, जिनकी त्रासदी में मृत्यु हो गई।
खरगे का जन्म 1942 में कर्नाटक के बीदर जिले के एक छोटे से गांव वरावट्टी में मपन्ना और सबव्वा के घर हुआ था। प्रियांक बताते हैं कि उस हमले के बाद मेरे पिता और दादा अपनी जान के डर से एक घनी झाड़ी में छिप गए। फिर उन्होंने मेरे दादा के भाई से मिलने का फैसला किया, जो सेना में सेवारत थे और पुणे में तैनात थे। उन्होंने पुणे पहुंचने के लिए बैलगाड़ियों पर लगभग एक सप्ताह की यात्रा की। उनसे मिलने के बाद मेरे दादा-चाचा गुलबर्गा (आधुनिक कलबुर्गी) वापस चले गए थे और नए सिरे से अपना जीवन शुरू किया। एक कपड़ा मिल एमएसके मिल्स में नौकरी पाकर खरगे ने अपनी पढ़ाई पूरी की और उसी कॉलेज से बीए करने के बाद गुलबर्गा लॉ कॉलेज कानून की डिग्री हासिल की।
रजाकार हैदराबाद के निजाम की निजी सेना या मिलिशिया थे, जिन्होंने निजामों के खिलाफ आजादी के लिए लड़ रहे सैकड़ों 'क्रांतिकारियों' को उस समय मार डाला, जब भारत अंग्रेजों से आजादी का जश्न मना रहा था। तत्कालीन हैदराबाद के लोग
मजलिस-ए-इत्तेहाद-उल-मुस्लिमीन (एमआईएम) के बैनर तले इस अर्धसैनिक बल के खिलाफ लड़ रहे थे।
1920 के दशक में शुरू किया गया MIM पहले मुस्लिम समुदाय के लिए एक सांस्कृतिक और धार्मिक मंच के रूप में शुरू हुआ, लेकिन बाद में लातूर के एक वकील कासिम रिज़वी के नेतृत्व में एक उग्रवादी मोड़ ले लिया। कहा जाता है कि निजाम शासन की रक्षा के नाम पर उसने कई अत्याचार किए और विरोध करने वालों को मार डाला। 1947 में रजाकारों ने हैदराबाद के लोगों से या तो पाकिस्तान में शामिल होने या एक अलग मुस्लिम राज्य बनाने का आह्वान किया।
मल्लिकार्जुन खड़गे और उसका बेटा प्रियांक खड़गे आज सनातन हिन्दू धर्म को समाप्त करने की बात कर रहे हैं लेकिन जिस इस्लाम ने इनकी मां, दादी, चाची और बहनों को जिंदा जलाया है उनके लिए समर्थन जुटाने हेतु कुतर्क गढ़ रहे हैं।
फिर आगे कहते हैं मैं यह नहीं बताऊंगा कि मेरे समूचे परिवार को किसने जिंदा जलाया
खड़के जी आप बताने की हिम्मत इसलिए नहीं कर रहे हैं क्योंकि आपको वोट बैंक प्यारा है
आपके पूरे परिवार को जिंदा मुसलमानो ने जलाया
मल्लिकार्जुन खडगे की सगी मां और बहन चाचा को हैदराबाद के निजाम के रजाकारों ने जिंदा जला कर मार डाला था
निजाम के राजकरो ने सिर्फ दलित मल्लिकार्जुन खड़गे के समूचे परिवार को जिंदा नहीं जलाया बल्कि अपने क्षेत्र में आने वाले हजारों दलितों के पूरे के पूरे गांव को जिंदा जलाकर मार डाला था
डॉक्टर भीमराव अंबेडकर ने ऐलान किया कि मेरे दलित भाइयों निजाम का राज्य छोड़कर दूसरे राज्य में भागों लेकिन अपना धर्म परिवर्तन करके मुसलमान मत बनना
मल्लिकार्जुन खरगे ने अपनी मां और बहन को आंखों के सामने जिंदा जलते हुए देखा, लेकिन वह कुछ नहीं कर सके थे। हैदराबाद के निजाम के रजाकारों (एक निजी सेना या मिलिशिया) ने उनके घर को जला दिया था। 1948 में हुई इस दुखद घटना का अभी तक खुलासा नहीं हुआ था। मल्लिकार्जुन खरगे के बेटे प्रियांक ने एक न्यूज चैनल से बातचीत के दौरान इस वाकये का जिक्र किया। उन्होंने बताया कि कैसे उनके पिता मल्लिकार्जुन और दादा मपन्ना उस हादसे में बच गए।
प्रियांक खड़गे ने बताया कि निजाम के रजाकारों ने पूरे क्षेत्र में तोड़फोड़ की, लूटपाट की और घरों पर हमला किया, जिसे तब हैदराबाद राज्य कहा जाता था। भालकी, कर्नाटक के आधुनिक बीदर जिले में महाराष्ट्र तक के कई अन्य गांवों की तरह घेराबंदी के अधीन था। प्रियांक बताते हैं कि मेरे दादाजी खेतों में काम कर रहे थे। तभी एक पड़ोसी ने उन्हें बताया कि रजाकारों ने उनके टिन की छत वाले घर में आग लगा दी है। रजाकार देखते ही देखते हर गांव पर हमला कर रहे थे। वे चार लाख की मजबूत सेना थे और अपने दम पर काम कर रहे थे क्योंकि उनके पास कोई नेता नहीं था। मेरे दादाजी घर पहुंचे, लेकिन केवल मेरे पिता को बचा सके, जो उनकी पहुंच के भीतर थे। मेरी दादी और चाची को बचाने में बहुत देर हो चुकी थी, जिनकी त्रासदी में मृत्यु हो गई।
खरगे का जन्म 1942 में कर्नाटक के बीदर जिले के एक छोटे से गांव वरावट्टी में मपन्ना और सबव्वा के घर हुआ था। प्रियांक बताते हैं कि उस हमले के बाद मेरे पिता और दादा अपनी जान के डर से एक घनी झाड़ी में छिप गए। फिर उन्होंने मेरे दादा के भाई से मिलने का फैसला किया, जो सेना में सेवारत थे और पुणे में तैनात थे। उन्होंने पुणे पहुंचने के लिए बैलगाड़ियों पर लगभग एक सप्ताह की यात्रा की। उनसे मिलने के बाद मेरे दादा-चाचा गुलबर्गा (आधुनिक कलबुर्गी) वापस चले गए थे और नए सिरे से अपना जीवन शुरू किया। एक कपड़ा मिल एमएसके मिल्स में नौकरी पाकर खरगे ने अपनी पढ़ाई पूरी की और उसी कॉलेज से बीए करने के बाद गुलबर्गा लॉ कॉलेज कानून की डिग्री हासिल की।
रजाकार हैदराबाद के निजाम की निजी सेना या मिलिशिया थे, जिन्होंने निजामों के खिलाफ आजादी के लिए लड़ रहे सैकड़ों 'क्रांतिकारियों' को उस समय मार डाला, जब भारत अंग्रेजों से आजादी का जश्न मना रहा था। तत्कालीन हैदराबाद के लोग
मजलिस-ए-इत्तेहाद-उल-मुस्लिमीन (एमआईएम) के बैनर तले इस अर्धसैनिक बल के खिलाफ लड़ रहे थे।
1920 के दशक में शुरू किया गया MIM पहले मुस्लिम समुदाय के लिए एक सांस्कृतिक और धार्मिक मंच के रूप में शुरू हुआ, लेकिन बाद में लातूर के एक वकील कासिम रिज़वी के नेतृत्व में एक उग्रवादी मोड़ ले लिया। कहा जाता है कि निजाम शासन की रक्षा के नाम पर उसने कई अत्याचार किए और विरोध करने वालों को मार डाला। 1947 में रजाकारों ने हैदराबाद के लोगों से या तो पाकिस्तान में शामिल होने या एक अलग मुस्लिम राज्य बनाने का आह्वान किया।
मल्लिकार्जुन खड़गे और उसका बेटा प्रियांक खड़गे आज सनातन हिन्दू धर्म को समाप्त करने की बात कर रहे हैं लेकिन जिस इस्लाम ने इनकी मां, दादी, चाची और बहनों को जिंदा जलाया है उनके लिए समर्थन जुटाने हेतु कुतर्क गढ़ रहे हैं।
DOW TIMES (ABOVE & BEYOND)
13 Nov, 06:13
Do not buy, eat and offer seed less dates. When a friend told about about removing seeds by mouth I did not believe but now I am forced to believe after seeing above video of guru ji.
DOW TIMES (ABOVE & BEYOND)
13 Nov, 04:16
Imagine Sholay being made in the Modi era:
1. Gabbar Singh cuts Thakur's arms under Batenge to Katenge Yojana.
2. Jai n Viru reach Ramgarh through a pakki road built under Pradhanmantri Gram Sadak Yojana.
3. Basanti sees no point in driving a "Tanga" after getting monetary help under Laadli Behna Yojana.
4. Thakur gets prosthetic limbs under Ayushman Bharat Pradhanmantri Jan Arogya Yojana thus relieving Ramlal.
5. Radha doesn't need to light a lantern. She now gets electricity under Saubhagya Yojana.
6. Gabbar Singh uses Digital India's cheap internet to find out the exact date of Holi.
7. Viru gets reprimanded by Gems of Bollywood for using mandir as a place to flirt.
8. Viru gets a notice from NCW for inappropriately touching Basanti while teaching her to use a pistol.
9. Gabbar Singh ceases to be a dacoit after getting grains n cereals from Pradhanamantri Gareeb Kalyan Ann Yojana.
10. Both Basanti and Radha get married to Jai n Viru under Mukhyamantri Kanyadan Yojana.
And the best one -
11. Rahim Chacha claim Ramgarh as Waqf Property under Waqf Act.😈😄😄
1. Gabbar Singh cuts Thakur's arms under Batenge to Katenge Yojana.
2. Jai n Viru reach Ramgarh through a pakki road built under Pradhanmantri Gram Sadak Yojana.
3. Basanti sees no point in driving a "Tanga" after getting monetary help under Laadli Behna Yojana.
4. Thakur gets prosthetic limbs under Ayushman Bharat Pradhanmantri Jan Arogya Yojana thus relieving Ramlal.
5. Radha doesn't need to light a lantern. She now gets electricity under Saubhagya Yojana.
6. Gabbar Singh uses Digital India's cheap internet to find out the exact date of Holi.
7. Viru gets reprimanded by Gems of Bollywood for using mandir as a place to flirt.
8. Viru gets a notice from NCW for inappropriately touching Basanti while teaching her to use a pistol.
9. Gabbar Singh ceases to be a dacoit after getting grains n cereals from Pradhanamantri Gareeb Kalyan Ann Yojana.
10. Both Basanti and Radha get married to Jai n Viru under Mukhyamantri Kanyadan Yojana.
And the best one -
11. Rahim Chacha claim Ramgarh as Waqf Property under Waqf Act.😈😄😄
DOW TIMES (ABOVE & BEYOND)
12 Nov, 23:50
⏩✅⏩Must read Each Thread-Stocks for long term investment
1️⃣RKEC PROJECTS
2️⃣ALMONDZ GLOBAL SECURITIES
3️⃣KOTYARK INDUSTRIES
4️⃣MASON INFRA
5️⃣RPP INFRA
https://x.com/desiwallstreet/status/1855633092465275327?t=QuUNQ7pO2GAJmv7sdS4POA&s=19
1️⃣RKEC PROJECTS
2️⃣ALMONDZ GLOBAL SECURITIES
3️⃣KOTYARK INDUSTRIES
4️⃣MASON INFRA
5️⃣RPP INFRA
https://x.com/desiwallstreet/status/1855633092465275327?t=QuUNQ7pO2GAJmv7sdS4POA&s=19
DOW TIMES (ABOVE & BEYOND)
12 Nov, 23:49
✈️✈️SPICEJET - With 3000 Cr Funds raised, all triggers in place
https://x.com/desiwallstreet/status/1855207889356701773?t=CqoPHFZw2CmoYqQqFHlKKg&s=19
https://x.com/desiwallstreet/status/1855207889356701773?t=CqoPHFZw2CmoYqQqFHlKKg&s=19
DOW TIMES (ABOVE & BEYOND)
12 Nov, 23:49
WAAREE TECH -Insane Valuations. No method in this madness
https://x.com/desiwallstreet/status/1855996857975296004?t=fHajPjhgkLJqIRpp2RN2VQ&s=19
https://x.com/desiwallstreet/status/1855996857975296004?t=fHajPjhgkLJqIRpp2RN2VQ&s=19
DOW TIMES (ABOVE & BEYOND)
12 Nov, 23:48
🎯➡️🎯WAAREE ENERGIES VS PREMIER ENERGIES
WAAREE TP- 8000/2 YEARS
✅WEL Mcap 85k Cr vs PEL Mcap 49kCr
✅WEL Mcap just 1.73xPEL but look at Fundamentals gap▶️
1️⃣WEL Order book 5.90xPEL
2️⃣WEL Capacity 3.92xPEL
3️⃣WEL REV 3.62xPEL
4️⃣WEL EBIDTA 3.30xPEL
5️⃣WEL PAT 5.35xPEL
6️⃣WEL CFO 25.60xPEL
NO BRAINER THAT WAAREE FAR MORE VALUABLE & GROSSLY UNDERVALUED
💎💎WAAREE CAPEX MUCH HIGHER THAN PEL & FUTURE FINANCIALS BOUND TO BE IMMENSELY SUPERIOR
# Waaree should have 40% CAGR for 3 years. Margins to surge disproportionately higher. Which other largecap can boast of such growth?
## Institutional investors will buy Infy Unilever HDFC Colgate & likes where growth has reached plateau? Waaree should be main Pick
WAAREE TP- 8000/2 YEARS
✅WEL Mcap 85k Cr vs PEL Mcap 49kCr
✅WEL Mcap just 1.73xPEL but look at Fundamentals gap▶️
1️⃣WEL Order book 5.90xPEL
2️⃣WEL Capacity 3.92xPEL
3️⃣WEL REV 3.62xPEL
4️⃣WEL EBIDTA 3.30xPEL
5️⃣WEL PAT 5.35xPEL
6️⃣WEL CFO 25.60xPEL
NO BRAINER THAT WAAREE FAR MORE VALUABLE & GROSSLY UNDERVALUED
💎💎WAAREE CAPEX MUCH HIGHER THAN PEL & FUTURE FINANCIALS BOUND TO BE IMMENSELY SUPERIOR
# Waaree should have 40% CAGR for 3 years. Margins to surge disproportionately higher. Which other largecap can boast of such growth?
## Institutional investors will buy Infy Unilever HDFC Colgate & likes where growth has reached plateau? Waaree should be main Pick
DOW TIMES (ABOVE & BEYOND)
12 Nov, 23:48
Elon Musk on why 'all energy generation will be solar'
⏩Our opinion that Solar is here to stay & scale up.Advise to buy-
1️⃣Waaree Energies
2️⃣ Alpex Solar
3️⃣Vikram Solar ( unlisted)
4️⃣Apollo Green (Unlisted)
https://m.economictimes.com/industry/renewables/elon-musk-on-why-all-energy-generation-will-be-solar/articleshow/113723423.cms
⏩Our opinion that Solar is here to stay & scale up.Advise to buy-
1️⃣Waaree Energies
2️⃣ Alpex Solar
3️⃣Vikram Solar ( unlisted)
4️⃣Apollo Green (Unlisted)
https://m.economictimes.com/industry/renewables/elon-musk-on-why-all-energy-generation-will-be-solar/articleshow/113723423.cms
DOW TIMES (ABOVE & BEYOND)
12 Nov, 23:47
(12/11/2024)
Market Technical Outlook- A Major Breakdown in the Index Charts. ⚠️
The market has done what was feared the most. Both the Nifty & the Sensex closed near the day's low due to relentless selling in the afternoon session. With the major support broken near 23,840 in the Nifty, the market has signaled a bearish trend. In the process, all the previous stock calls gets negatived/cancelled and a fresh relook with new insights has to be brought in to rebuild one's portfolio. The market is a hard taskmaster and we need to relearn and reshape our investment strategy in the light of the new geopolitical concerns which may have an impact on the world economy. It's, therefore, time to be selective and lighten one's investments and use market rallies to trim the portfolio by weeding out dead wood. In the next couple of months, investors will have to put up with market volatility and use intermittent rallies to weed out dead wood. The adventurous phase of the market is over, at least in the short term.
Make the Trend your Friend.
Happy investing.
G R Chari
Market Technical Outlook- A Major Breakdown in the Index Charts. ⚠️
The market has done what was feared the most. Both the Nifty & the Sensex closed near the day's low due to relentless selling in the afternoon session. With the major support broken near 23,840 in the Nifty, the market has signaled a bearish trend. In the process, all the previous stock calls gets negatived/cancelled and a fresh relook with new insights has to be brought in to rebuild one's portfolio. The market is a hard taskmaster and we need to relearn and reshape our investment strategy in the light of the new geopolitical concerns which may have an impact on the world economy. It's, therefore, time to be selective and lighten one's investments and use market rallies to trim the portfolio by weeding out dead wood. In the next couple of months, investors will have to put up with market volatility and use intermittent rallies to weed out dead wood. The adventurous phase of the market is over, at least in the short term.
Make the Trend your Friend.
Happy investing.
G R Chari
DOW TIMES (ABOVE & BEYOND)
12 Nov, 02:02
✅✅LAKSHAY POWER- Attractive Valuations
TP- 550
🎯 Strong management to deliver decent growth. O&M, EPC & Data Centre
1️⃣FY25E Rev 190 Cr EPS 20(PAT Margin can b 11%)
2️⃣FY26 E Rev 240 Cr EPS 28(PAT Margin can be 12%)
3️⃣FY27E Rev 320 Cr EPS 39(PAT Margin can be 13%)
✅Deserves 20 PE at least
TP- 550
🎯 Strong management to deliver decent growth. O&M, EPC & Data Centre
1️⃣FY25E Rev 190 Cr EPS 20(PAT Margin can b 11%)
2️⃣FY26 E Rev 240 Cr EPS 28(PAT Margin can be 12%)
3️⃣FY27E Rev 320 Cr EPS 39(PAT Margin can be 13%)
✅Deserves 20 PE at least
DOW TIMES (ABOVE & BEYOND)
11 Nov, 23:16
⏩✅⏪ALMONDZ GLOBAL-IMMENSE VALUE UNLOCKING ON WAY
🎯 TP 60/100
Buy & Hold as investment in core portfolio. Big corporate actions coming. Immense value unlocking on way
✅Detailed analysis soon
🎯 TP 60/100
Buy & Hold as investment in core portfolio. Big corporate actions coming. Immense value unlocking on way
✅Detailed analysis soon
DOW TIMES (ABOVE & BEYOND)
11 Nov, 23:16
Donald Trump's return will slow, not stop, US clean energy boom - The Economic Times https://m.economictimes.com/industry/renewables/donald-trumps-return-will-slow-not-stop-us-clean-energy-boom/articleshow/115018299.cms
⏩⏩VERY SENSIBLE ANALYSIS.
⏩⏩WAAREE ENERGIES, ALPEX SOLAR, APOLLO GREEN ( UNLISTED) SHOULD GIVE OUTSIZED APPRECIATION
Read this
⏩⏩VERY SENSIBLE ANALYSIS.
⏩⏩WAAREE ENERGIES, ALPEX SOLAR, APOLLO GREEN ( UNLISTED) SHOULD GIVE OUTSIZED APPRECIATION
Read this
DOW TIMES (ABOVE & BEYOND)
11 Nov, 23:15
*WAAREE TECH - Disastrous*
https://x.com/desiwallstreet/status/1855996857975296004?t=fHajPjhgkLJqIRpp2RN2VQ&s=19
https://x.com/desiwallstreet/status/1855996857975296004?t=fHajPjhgkLJqIRpp2RN2VQ&s=19
DOW TIMES (ABOVE & BEYOND)
11 Nov, 23:15
https://x.com/spangleadvisors/status/1855635933627920783?s=46
Good Info on Trident Techlab,
To understand the Business, Totally beyond Nos
Good Info on Trident Techlab,
To understand the Business, Totally beyond Nos
DOW TIMES (ABOVE & BEYOND)
11 Nov, 03:39
*Stocks for long term investment in Core Portfolio*
1️⃣RKEC PROJECTS
2️⃣ALMONDZ GLOBAL SECURITIES
3️⃣KOTYARK INDUSTRIES
4️⃣MASON INFRA
5️⃣RPP INFRA
https://x.com/desiwallstreet/status/1855633092465275327?t=QuUNQ7pO2GAJmv7sdS4POA&s=19
1️⃣RKEC PROJECTS
2️⃣ALMONDZ GLOBAL SECURITIES
3️⃣KOTYARK INDUSTRIES
4️⃣MASON INFRA
5️⃣RPP INFRA
https://x.com/desiwallstreet/status/1855633092465275327?t=QuUNQ7pO2GAJmv7sdS4POA&s=19
DOW TIMES (ABOVE & BEYOND)
11 Nov, 03:24
*India Ready to Weaken Rupee in Line With Yuan After Trump Win*
IDFC says March 84.5 forecast for USD/INR to be hit earlier
RBI has been softly pegging rupee against yuan, Emkay says
By Subhadip Sircar and Anup Roy
11 November 2024 at 09:30
India’s central bank is ready to let the rupee weaken in tandem with the Chinese yuan after Donald Trump’s election win spurred fears of higher US tariffs, according to people familiar with the thinking of policymakers.
A depreciating yuan will lower the cost of Chinese goods, potentially leading to more imports and further widening India’s biggest trade deficit with any country. The Reserve Bank of India is poised to cushion the blow by allowing a weaker rupee, even while using its ample reserves to keep the fall in check, according to the people, who asked not to be identified due to the sensitivity of the matter.
Analysts have already started revising their rupee forecasts. The currency will breach 85 to a dollar within 12 months, according to HDFC Bank Ltd., while IDFC First Bank Ltd. sees it hitting 84.50 much before its earlier projection of March.
The rupee closed at 84.3750 Friday, posting its biggest weekly loss since May. Yet, it’s one of the least volatile currencies in the world, with the RBI using its substantial foreign-exchange reserves — now the fourth-largest in the world at more than $680 billion — to limit the rupee’s sharp swings.
China is bracing for further yuan weakness if US President-elect Trump follows through with his pledge of imposing tariffs of as much as 60% on Chinese goods. The impact will reflect in currency weaknesses and trade flows across Asia. Keeping a tight lid on rupee in such a situation could further widen India’s trade gap with China, after it doubled in last three years to nearly $83 billion in 2023.
“Given overvaluation concerns and to keep the rupee competitive – especially with a weakening yuan – the central bank could prefer an orderly depreciation in the rupee over the coming year,” HDFC Bank economists led by Abheek Barua wrote in a note.
India is looking to boost its manufacturing sector by attracting businesses wanting to relocate supply chains from China. To do that, policymakers need to keep the rupee competitive against its peers. India had just started taking export market share from China in sectors such as electronics exports.
A central bank spokesperson didn’t reply to an email seeking comment.
The rupee has traded in the 11.50-12 band against the yuan for most of the year. Both the currencies have broadly depreciated in line against the dollar so far in 2024 — the yuan is down 0.9%, while the rupee has dropped 1.4%.
The previous tariff war during Trump’s first presidency saw the yuan fall 11.5% against the dollar in 2018-19 and offset two-third of the tariff hike, according to Morgan Stanley. In the same period, the rupee dropped 11.2%.
“The RBI has been softly pegging INR against CNY, amid 40% of bilateral trade deficit with China and is unlikely to let INR float naturally,” said Madhavi Arora, lead economist at Emkay Global Financial Services Ltd.
https://www.bloomberg.com/news/articles/2024-11-11/india-ready-to-weaken-rupee-in-line-with-yuan-after-trump-win
IDFC says March 84.5 forecast for USD/INR to be hit earlier
RBI has been softly pegging rupee against yuan, Emkay says
By Subhadip Sircar and Anup Roy
11 November 2024 at 09:30
India’s central bank is ready to let the rupee weaken in tandem with the Chinese yuan after Donald Trump’s election win spurred fears of higher US tariffs, according to people familiar with the thinking of policymakers.
A depreciating yuan will lower the cost of Chinese goods, potentially leading to more imports and further widening India’s biggest trade deficit with any country. The Reserve Bank of India is poised to cushion the blow by allowing a weaker rupee, even while using its ample reserves to keep the fall in check, according to the people, who asked not to be identified due to the sensitivity of the matter.
Analysts have already started revising their rupee forecasts. The currency will breach 85 to a dollar within 12 months, according to HDFC Bank Ltd., while IDFC First Bank Ltd. sees it hitting 84.50 much before its earlier projection of March.
The rupee closed at 84.3750 Friday, posting its biggest weekly loss since May. Yet, it’s one of the least volatile currencies in the world, with the RBI using its substantial foreign-exchange reserves — now the fourth-largest in the world at more than $680 billion — to limit the rupee’s sharp swings.
China is bracing for further yuan weakness if US President-elect Trump follows through with his pledge of imposing tariffs of as much as 60% on Chinese goods. The impact will reflect in currency weaknesses and trade flows across Asia. Keeping a tight lid on rupee in such a situation could further widen India’s trade gap with China, after it doubled in last three years to nearly $83 billion in 2023.
“Given overvaluation concerns and to keep the rupee competitive – especially with a weakening yuan – the central bank could prefer an orderly depreciation in the rupee over the coming year,” HDFC Bank economists led by Abheek Barua wrote in a note.
India is looking to boost its manufacturing sector by attracting businesses wanting to relocate supply chains from China. To do that, policymakers need to keep the rupee competitive against its peers. India had just started taking export market share from China in sectors such as electronics exports.
A central bank spokesperson didn’t reply to an email seeking comment.
The rupee has traded in the 11.50-12 band against the yuan for most of the year. Both the currencies have broadly depreciated in line against the dollar so far in 2024 — the yuan is down 0.9%, while the rupee has dropped 1.4%.
The previous tariff war during Trump’s first presidency saw the yuan fall 11.5% against the dollar in 2018-19 and offset two-third of the tariff hike, according to Morgan Stanley. In the same period, the rupee dropped 11.2%.
“The RBI has been softly pegging INR against CNY, amid 40% of bilateral trade deficit with China and is unlikely to let INR float naturally,” said Madhavi Arora, lead economist at Emkay Global Financial Services Ltd.
https://www.bloomberg.com/news/articles/2024-11-11/india-ready-to-weaken-rupee-in-line-with-yuan-after-trump-win
DOW TIMES (ABOVE & BEYOND)
11 Nov, 03:23
Meanwhile, the Air India and Vistara’s main competitor is looking to guard its market leading position and breaking out of its low-cost origins. IndiGo will start offering ‘IndiGoStretch’ business seats on some of its routes later this week, and has already launched a new loyalty program.
Starting at about 18,000 rupees ($213), the airline aims to expand its business-class service to all flights on India’s busiest route between New Delhi and Mumbai by early January next year, according to an Oct. 31 statement.
“India’s economy is soaring,” chief executive officer Pieter Elbers said in the statement. “IndiGoStretch will create a desired option for many who are aiming to travel business, some of them seasoned and some perhaps for the first time in their life.”
Premium travelers on its planes will get benefits like priority check-in, anytime boarding, a more generous baggage allowance and a 5-inch recline seat.
IndiGo set to launch business seats on some of its flights in November.Source: IndiGo
Still, these perks might fall short of expectations of price-agnostic jetsetters who are used to hot food, foot rests and a 7-inch recline common in other airlines’ business-class cabins.
Indigo’s main attraction will be pricing, with business-class tickets starting at a price point that’s 30% lower than Air India’s where a similar Delhi-Mumbai trip will cost about 26,000 rupees.
“IndiGo had a hole in its operations because they were missing out on a section of the customer which fly business class,” according to Sidharath Kapur, board member at Noida International Airport. “But I don’t think Indigo would be able to compete at a full-fledged business-class airline kind of product. I would say hardcore business class travelers would continue to be loyal to the full-fledged airline.”
IndiGo’s transformation from being just a budget carrier is also a step toward flying its widebody jets which are expected to be delivered from 2027 and will pave way for its long-haul offerings.
This will dial up the competition further with Air India and Vistara — the country’s only long-distance carriers currently.
“It is a long-term game,” Awtaney said. “They are both trying to get into each other’s turf.”
https://www.bloomberg.com/news/articles/2024-11-10/shakeup-of-indian-airlines-boosts-competition-business-seats
Starting at about 18,000 rupees ($213), the airline aims to expand its business-class service to all flights on India’s busiest route between New Delhi and Mumbai by early January next year, according to an Oct. 31 statement.
“India’s economy is soaring,” chief executive officer Pieter Elbers said in the statement. “IndiGoStretch will create a desired option for many who are aiming to travel business, some of them seasoned and some perhaps for the first time in their life.”
Premium travelers on its planes will get benefits like priority check-in, anytime boarding, a more generous baggage allowance and a 5-inch recline seat.
IndiGo set to launch business seats on some of its flights in November.Source: IndiGo
Still, these perks might fall short of expectations of price-agnostic jetsetters who are used to hot food, foot rests and a 7-inch recline common in other airlines’ business-class cabins.
Indigo’s main attraction will be pricing, with business-class tickets starting at a price point that’s 30% lower than Air India’s where a similar Delhi-Mumbai trip will cost about 26,000 rupees.
“IndiGo had a hole in its operations because they were missing out on a section of the customer which fly business class,” according to Sidharath Kapur, board member at Noida International Airport. “But I don’t think Indigo would be able to compete at a full-fledged business-class airline kind of product. I would say hardcore business class travelers would continue to be loyal to the full-fledged airline.”
IndiGo’s transformation from being just a budget carrier is also a step toward flying its widebody jets which are expected to be delivered from 2027 and will pave way for its long-haul offerings.
This will dial up the competition further with Air India and Vistara — the country’s only long-distance carriers currently.
“It is a long-term game,” Awtaney said. “They are both trying to get into each other’s turf.”
https://www.bloomberg.com/news/articles/2024-11-10/shakeup-of-indian-airlines-boosts-competition-business-seats
DOW TIMES (ABOVE & BEYOND)
06 Nov, 09:53
LULU, Mall owner has different agenda behind setting up the store, watch it and share it..
Can we spread the word so that people can stop shopping at LULU shops …??
Can we spread the word so that people can stop shopping at LULU shops …??
DOW TIMES (ABOVE & BEYOND)
06 Nov, 02:19
Equinox India Developments Ltd (EMBDL)
NCLAT UPDATE
https://x.com/desiwallstreet/status/1853681346750865523?t=uJeHqLPNHAnmfY-ZGFmcQQ&s=19
NCLAT UPDATE
https://x.com/desiwallstreet/status/1853681346750865523?t=uJeHqLPNHAnmfY-ZGFmcQQ&s=19
DOW TIMES (ABOVE & BEYOND)
06 Nov, 02:19
⏩Biodiesel story is as large as Solar story
https://x.com/desiwallstreet/status/1853811044185157704?t=exNDs5kY4Von009YwsIGpA&s=19
https://x.com/desiwallstreet/status/1853811044185157704?t=exNDs5kY4Von009YwsIGpA&s=19
DOW TIMES (ABOVE & BEYOND)
06 Nov, 02:18
Waaree Energies- Most Efficient Most Profitable
https://x.com/dhandhoinves/status/1853864002692207088?t=GEwxf4EPp0zz4vgz3OgSsQ&s=08
https://x.com/dhandhoinves/status/1853864002692207088?t=GEwxf4EPp0zz4vgz3OgSsQ&s=08
DOW TIMES (ABOVE & BEYOND)
04 Nov, 08:28
Just learned that the world is observing November as the “Islamophobia Awareness Month.” Here’s a story to commemorate the occasion.
Once upon a time there was a 21-year-old Palestinian girl named Wafa al-Biri. She lived with her parents in Gaza. One day, while making dinner, a gas cooker blew up on her, giving her 45% burns all over her body.
First Wafa was rushed to al-Shifa, the biggest hospital in Gaza, for treatment. But that proved inadequate, and she was moved to the Soroka hospital in the Israeli town of Beersheba. Here, she came under the care of a Jew named Dr. Yuval Krieger. Along with him, two Jewish nurses Mazal and Igor were also assigned to her case.
After the initial treatments, she was prescribed periodic revisits for follow-up tests, well on her way to recovery. Pleased with their daughter’s care, her parents even wrote a letter of thanks to the doctors.
All seemed to be going well. Wafa made her appointments on time, every week. Then one day she didn’t.
It was a Monday, and she was supposed to be at the hospital at 8:00 AM. But she didn’t show up. Dr. Krieger marked her as no-show in his records and carried on with his day.
But Wafa wasn’t home either. That morning, she had already left home and was at the Erez border crossing from Gaza into Israel around 5:30 AM.
A letter of appointment in her purse.
And a 20-pound bomb in her bra.
The plan was to blow up the outpatient ward of the very hospital where she received her treatments. Including all the patients, children, babies, and doctors in it. Including, ironically, the very doctor and the nurses that saved her life.
Wafa al-Biri was now a suicide bomber. Mission was to kill at least 50 Jews in one final act of martyrdom.
But you don’t get to sneak 20 pounds of explosives through a crossing like Erez and not expect detection.
Alarms went off and she was asked to undress. As she unbuttoned her pants, she realized she was going to get caught anyway. Might as well die here and take them along. In desperation, Wafa pulled the detonator string in her pocket and prepared to meet her…nothing happened.
The string snapped free in her hand and the bomb failed to go off. Everybody lived to die another day. Wafa was arrested, later convicted and sentenced to 14 years in prison.
In 2011, less than halfway through her sentence, life took a turn again. Gazan terrorists took an Israeli soldier captive. To secure his release, that one soldier’s release, the Israeli government agreed to release over a thousand Palestinian terrorists (what do I say, some societies tend to value their own). Wafa was one of them.
The failed suicide bomber now lives happily with her folks in Gaza, probably plotting her next shot at martyrdom.
Please don’t be Islamophobic.
Not all Muslims exist to blow up hospitals and behead babies. Some are nice too. Spread love. 🌹
https://x.com/Schandillia/status/1852994733477380385?t=ujFNZJOjZ4F-qrT5zt6ukg&s=08
Once upon a time there was a 21-year-old Palestinian girl named Wafa al-Biri. She lived with her parents in Gaza. One day, while making dinner, a gas cooker blew up on her, giving her 45% burns all over her body.
First Wafa was rushed to al-Shifa, the biggest hospital in Gaza, for treatment. But that proved inadequate, and she was moved to the Soroka hospital in the Israeli town of Beersheba. Here, she came under the care of a Jew named Dr. Yuval Krieger. Along with him, two Jewish nurses Mazal and Igor were also assigned to her case.
After the initial treatments, she was prescribed periodic revisits for follow-up tests, well on her way to recovery. Pleased with their daughter’s care, her parents even wrote a letter of thanks to the doctors.
All seemed to be going well. Wafa made her appointments on time, every week. Then one day she didn’t.
It was a Monday, and she was supposed to be at the hospital at 8:00 AM. But she didn’t show up. Dr. Krieger marked her as no-show in his records and carried on with his day.
But Wafa wasn’t home either. That morning, she had already left home and was at the Erez border crossing from Gaza into Israel around 5:30 AM.
A letter of appointment in her purse.
And a 20-pound bomb in her bra.
The plan was to blow up the outpatient ward of the very hospital where she received her treatments. Including all the patients, children, babies, and doctors in it. Including, ironically, the very doctor and the nurses that saved her life.
Wafa al-Biri was now a suicide bomber. Mission was to kill at least 50 Jews in one final act of martyrdom.
But you don’t get to sneak 20 pounds of explosives through a crossing like Erez and not expect detection.
Alarms went off and she was asked to undress. As she unbuttoned her pants, she realized she was going to get caught anyway. Might as well die here and take them along. In desperation, Wafa pulled the detonator string in her pocket and prepared to meet her…nothing happened.
The string snapped free in her hand and the bomb failed to go off. Everybody lived to die another day. Wafa was arrested, later convicted and sentenced to 14 years in prison.
In 2011, less than halfway through her sentence, life took a turn again. Gazan terrorists took an Israeli soldier captive. To secure his release, that one soldier’s release, the Israeli government agreed to release over a thousand Palestinian terrorists (what do I say, some societies tend to value their own). Wafa was one of them.
The failed suicide bomber now lives happily with her folks in Gaza, probably plotting her next shot at martyrdom.
Please don’t be Islamophobic.
Not all Muslims exist to blow up hospitals and behead babies. Some are nice too. Spread love. 🌹
https://x.com/Schandillia/status/1852994733477380385?t=ujFNZJOjZ4F-qrT5zt6ukg&s=08
DOW TIMES (ABOVE & BEYOND)
04 Nov, 08:27
Why the world is suffering & Why I can’t trust America American bankers & American industrialists cum philanthropists!
DOW TIMES (ABOVE & BEYOND)
03 Nov, 13:24
*ARROW GREENTECH - Expansion in progress*
👉3 acre land already acquired
🔜1st phase to commissioned by end of current FY
👉For H1FY25 so far, co has already reported 39 Cr PAT vs 29 Cr PAT during FY24
👉 *Co should do 83-84 Cr PAT for entire FY25 (Almost 3x FY24 PAT)*
With new capacity & export opportunities, FY26 will be huge
Valuations:
Trading at just 14x FY25EEPS & 11x FY26EEPS
Monopoly & Niche business with high entry barriers deserves atleast 35-40x P/E
https://x.com/desiwallstreet/status/1851838785212027194?t=xnUgSMJ5p_Dn2uMelc6grA&s=19
👉3 acre land already acquired
🔜1st phase to commissioned by end of current FY
👉For H1FY25 so far, co has already reported 39 Cr PAT vs 29 Cr PAT during FY24
👉 *Co should do 83-84 Cr PAT for entire FY25 (Almost 3x FY24 PAT)*
With new capacity & export opportunities, FY26 will be huge
Valuations:
Trading at just 14x FY25EEPS & 11x FY26EEPS
Monopoly & Niche business with high entry barriers deserves atleast 35-40x P/E
https://x.com/desiwallstreet/status/1851838785212027194?t=xnUgSMJ5p_Dn2uMelc6grA&s=19
DOW TIMES (ABOVE & BEYOND)
03 Nov, 13:22
*20 नवम्बर याद है न? कहीं छुट्टी पे मत चले जाना क्योंकि महाराष्ट्र/मुम्बई में विधानसभा का महत्वपूर्ण चुनाव हैं। 'कमल' है तो 'कल' हैं।*
*`हिन्दू मतदान नहीं करेगा तो उसके भविष्य का निर्णय जिहादी मुसलमान करेगा क्योंकि गिनती वोटों की होती है जनसंख्या की नहीं.. यह आखिरी मौका है।`*
*जो काम अभी सिर्फ मोदी को वोट देकर हो सकता है, वो काम 30 साल बाद तुष्टिकरण के कारण जान देने से भी न हो पाएगा। जागो, अब जागो..*
(🚩धर्म 🇮🇳 रक्षा 🚩)
*ढुलमुल हिन्दुओंको👆👆समर्पित*
*`हिन्दू मतदान नहीं करेगा तो उसके भविष्य का निर्णय जिहादी मुसलमान करेगा क्योंकि गिनती वोटों की होती है जनसंख्या की नहीं.. यह आखिरी मौका है।`*
*जो काम अभी सिर्फ मोदी को वोट देकर हो सकता है, वो काम 30 साल बाद तुष्टिकरण के कारण जान देने से भी न हो पाएगा। जागो, अब जागो..*
(🚩धर्म 🇮🇳 रक्षा 🚩)
*ढुलमुल हिन्दुओंको👆👆समर्पित*
DOW TIMES (ABOVE & BEYOND)
01 Nov, 09:08
*ARROW GREENTECH - Expansion in progress*
👉3 acre land already acquired
🔜1st phase to commissioned by end of current FY
👉For H1FY25 so far, co has already reported 39 Cr PAT vs 29 Cr PAT during FY24
👉 *Co should do 83-84 Cr PAT for entire FY25 (Almost 3x FY24 PAT)*
With new capacity & export opportunities, FY26 will be huge
Valuations:
*Trading at just 14x FY25EEPS & 11x FY26EEPS*
Monopoly & Niche business with high entry barriers deserves atleast 35-40x P/E
https://x.com/desiwallstreet/status/1851838785212027194?t=xnUgSMJ5p_Dn2uMelc6grA&s=19
👉3 acre land already acquired
🔜1st phase to commissioned by end of current FY
👉For H1FY25 so far, co has already reported 39 Cr PAT vs 29 Cr PAT during FY24
👉 *Co should do 83-84 Cr PAT for entire FY25 (Almost 3x FY24 PAT)*
With new capacity & export opportunities, FY26 will be huge
Valuations:
*Trading at just 14x FY25EEPS & 11x FY26EEPS*
Monopoly & Niche business with high entry barriers deserves atleast 35-40x P/E
https://x.com/desiwallstreet/status/1851838785212027194?t=xnUgSMJ5p_Dn2uMelc6grA&s=19
DOW TIMES (ABOVE & BEYOND)
01 Nov, 09:07
*RKEC PROJECTS - Massive Tailwinds*
▪️25000 Cr Maritime Development Fund being setup by Govt of India
▪️Cabinet has now approved construction of India's Largest port 'Vadhavan Port' at cost of 76200 Cr
▪️India expanding its shipbuilding capacity by building 2 mega shipbuilding parks by 2030
▪️Maritime India Vision 2030 and Maritime Amritkal Vision 2047 gives good visibility over next 10-15 years
▪️New Shipbuilding clusters being setup
▪️Big 186 Cr order win recently
⏩Huge order book & top notch execution capabilities
https://x.com/desiwallstreet/status/1845337584823828503?t=PYy9iZ2II8esLu2rS2xcIg&s=19
▪️25000 Cr Maritime Development Fund being setup by Govt of India
▪️Cabinet has now approved construction of India's Largest port 'Vadhavan Port' at cost of 76200 Cr
▪️India expanding its shipbuilding capacity by building 2 mega shipbuilding parks by 2030
▪️Maritime India Vision 2030 and Maritime Amritkal Vision 2047 gives good visibility over next 10-15 years
▪️New Shipbuilding clusters being setup
▪️Big 186 Cr order win recently
⏩Huge order book & top notch execution capabilities
https://x.com/desiwallstreet/status/1845337584823828503?t=PYy9iZ2II8esLu2rS2xcIg&s=19
DOW TIMES (ABOVE & BEYOND)
01 Nov, 09:06
*Kotyark Industries - Mega Multibagger in making*
https://x.com/desiwallstreet/status/1851632868172468676?t=47Gp0RIszVvjHaE1lUy8fQ&s=19
https://x.com/desiwallstreet/status/1851632868172468676?t=47Gp0RIszVvjHaE1lUy8fQ&s=19
DOW TIMES (ABOVE & BEYOND)
01 Nov, 03:15
https://x.com/desiwallstreet/status/1851850206041485486?t=fT9WE2HC8ffU56xBT6tSjw&s=19
DOW TIMES (ABOVE & BEYOND)
01 Nov, 03:15
https://x.com/dhandhoinves/status/1851838433410613318?t=BLdH4M4g1gkr5pj0XwKFow&s=08
DOW TIMES (ABOVE & BEYOND)
01 Nov, 03:14
✅ *LAKSHYA POWER- MUST READ FULL. ONE OF BEST REPORTS. MULTIBAGGER IN MAKING*
https://x.com/wealthsolitaire/status/1851492956991340573?s=48
https://x.com/wealthsolitaire/status/1851492956991340573?s=48
DOW TIMES (ABOVE & BEYOND)
01 Nov, 03:14
✅ *WAAREE ENERGIES- ANALYSIS PAR EXCELLENCE. RECOMMENDED @ 1100 WHEN UNLISTED. NO OTHER ANALYST UNDERSTANDS THIS CO BETTER. WILL BE TOP PICK OF EVERY INSTITUTIONAL INVESTOR. ANYDAY FAR FAR BETTER THAN ADANI GREEN. DOW'S TP- 8000 IN 2 YEARS*
https://x.com/wealthsolitaire/status/1850561530443555190?s=48
https://x.com/wealthsolitaire/status/1850561530443555190?s=48
DOW TIMES (ABOVE & BEYOND)
01 Nov, 03:13
*✨🎆 Diwali: A Celebration of Wealth 💰 and Wisdom 📚✨*
During Diwali 🌟, we honor Goddess Lakshmi 🪙🌸 and Goddess Saraswati 🎶📖, who represent prosperity 💵💎 and wisdom 💡📘—two key aspects of life 🌈.
Goddess Lakshmi, the goddess of wealth 🤑💰, is often shown sitting on a lotus 🌷. This image carries a deep meaning 🌊: just like the lotus floats on water 💧, wealth is also temporary ⏳, coming and going with time ⏱️. The lotus blooms 🌺 and survives on water 🌊, reminding us that money 💸, too, flows and shifts like water 🌊.
On the other hand 🤲, Goddess Saraswati, the goddess of knowledge 📚, sits on a rock 🪨. This represents how knowledge is solid and lasting 🏔️. Once gained, true knowledge stays with us 💡 and becomes part of who we are 🌱, giving us a steady foundation in life 🌏.
This symbolism teaches us that while wealth 💵 can uplift us for a while 🌠, it is knowledge 📖 that gives us lasting strength 💪. Diwali, therefore, is not just a festival of prosperity 🎉, but also of the wisdom 🌟 that guides us through life 🎇✨.
Happy Diwali! 🪔💥
During Diwali 🌟, we honor Goddess Lakshmi 🪙🌸 and Goddess Saraswati 🎶📖, who represent prosperity 💵💎 and wisdom 💡📘—two key aspects of life 🌈.
Goddess Lakshmi, the goddess of wealth 🤑💰, is often shown sitting on a lotus 🌷. This image carries a deep meaning 🌊: just like the lotus floats on water 💧, wealth is also temporary ⏳, coming and going with time ⏱️. The lotus blooms 🌺 and survives on water 🌊, reminding us that money 💸, too, flows and shifts like water 🌊.
On the other hand 🤲, Goddess Saraswati, the goddess of knowledge 📚, sits on a rock 🪨. This represents how knowledge is solid and lasting 🏔️. Once gained, true knowledge stays with us 💡 and becomes part of who we are 🌱, giving us a steady foundation in life 🌏.
This symbolism teaches us that while wealth 💵 can uplift us for a while 🌠, it is knowledge 📖 that gives us lasting strength 💪. Diwali, therefore, is not just a festival of prosperity 🎉, but also of the wisdom 🌟 that guides us through life 🎇✨.
Happy Diwali! 🪔💥
DOW TIMES (ABOVE & BEYOND)
01 Nov, 03:11
दिवाली के बाद भी चंद दीपक
जला के रखना
एक दीपक आस का
एक दीपक विश्वास का
एक दीपक प्रेम का
एक दीपक शांति का
एक दीपक मुस्कुराहट का
एक दीपक अपनों के साथ का
एक दीपक स्वास्थ का
एक दीपक भाईचारे का
एक दीपक बड़ों के आशीर्वाद का
एक दीपक छोटों के दुलार का
एक दीपक निस्वार्थ सेवा का
इन ग्यारह दीपको के साथ बिताना अगले ग्यारह महीने, फिर दीपावली आ जाएगी। फिर नए दीपक जला लेना।
आप को दिपावली की हार्दिक शुभकामनाएं🍫🙏🍵
जला के रखना
एक दीपक आस का
एक दीपक विश्वास का
एक दीपक प्रेम का
एक दीपक शांति का
एक दीपक मुस्कुराहट का
एक दीपक अपनों के साथ का
एक दीपक स्वास्थ का
एक दीपक भाईचारे का
एक दीपक बड़ों के आशीर्वाद का
एक दीपक छोटों के दुलार का
एक दीपक निस्वार्थ सेवा का
इन ग्यारह दीपको के साथ बिताना अगले ग्यारह महीने, फिर दीपावली आ जाएगी। फिर नए दीपक जला लेना।
आप को दिपावली की हार्दिक शुभकामनाएं🍫🙏🍵
DOW TIMES (ABOVE & BEYOND)
01 Nov, 02:28
Without valid tickets, Islamists occupied train space, blocked aisles for Namaz, despite empty seats available. When a soldier recorded the incident, a group of extremists later attempted to lynch him..
🔺@AngrySaffron
🔺@AngrySaffron
DOW TIMES (ABOVE & BEYOND)
31 Oct, 12:50
*20 Nov.2024*
*कोई छुट्टी नही,कोई बहाना नाही...*
*100% मतदान*
*कोई छुट्टी नही,कोई बहाना नाही...*
*100% मतदान*
DOW TIMES (ABOVE & BEYOND)
31 Oct, 02:14
✈️✈️ARROW GREENTECH - BUMPER RESULTS
▪️Revenue 58 Cr vs 30 Cr (+ 96% YoY)
▪️EBITDA 26.5 Cr vs 10.5 Cr (+ 152% YoY)
▪️EBITDA margins 46.3% vs 24.8% (+2148 bps YoY)
▪️PAT 19.5 Cr vs 7.6 Cr (+ 161% YoY)
BEST EVER MARGINS
Back to back bumper quarters
H1 PAT 41 Cr (Even better than expectations)
➡️FY25EEPS 55. MONOPOLY BUSINESS
⏩H2 to be even bigger and better
✅NEW HIGHS SOON
▪️Revenue 58 Cr vs 30 Cr (+ 96% YoY)
▪️EBITDA 26.5 Cr vs 10.5 Cr (+ 152% YoY)
▪️EBITDA margins 46.3% vs 24.8% (+2148 bps YoY)
▪️PAT 19.5 Cr vs 7.6 Cr (+ 161% YoY)
BEST EVER MARGINS
Back to back bumper quarters
H1 PAT 41 Cr (Even better than expectations)
➡️FY25EEPS 55. MONOPOLY BUSINESS
⏩H2 to be even bigger and better
✅NEW HIGHS SOON
DOW TIMES (ABOVE & BEYOND)
31 Oct, 01:28
https://x.com/desiwallstreet/status/1851652112742236441?t=vGDwl4o-SVwDA5-LsL-P1Q&s=19
DOW TIMES (ABOVE & BEYOND)
31 Oct, 01:03
*Credit Card Delinquencies*
Kotak Mahindra Bank Ltd. reported an increase in gross non-performing assets and slippages in the September quarter. Axis Bank Ltd. also witnessed “some worsening of asset quality,” Chief Executive Officer Amitabh Chaudhry said in a post-earnings call this month.
The latest data from credit information firm TransUnion CIBIL shows credit card delinquencies increased by 17% as of June from a year ago.
Rising credit card defaults and slowing urban demand are linked, Suresh Ganapathy, head of financial services research at Macquarie Capital, told Bloomberg News.
“The feedback (from banks) was that there is a middle class which is indeed getting affected more,” Ganapathy wrote in an email last week. “There is an issue of inflation, over-leveraging – all that has been causing this slowdown in a way.”
*Litmus Test*
Companies have been waiting for the Indian festival season to boost sales — a three-month long period that culminates with the Hindu festival of Diwali later this week.
Diwali traditionally sees a shopping spree in India similar to the Christmas season in the US and European countries. That’s why the sales during this festival period will be a litmus test for India’s consumption demand.
India’s festival season demand so far is showing a “mixed picture,” Reserve Bank of India Governor Shaktikanta Das said on Monday.
Last year this time, Indians were splurging big and manufacturers were adding more capacity to keep up with strong demand.
While firms like Reliance and Hyundai Motor India Ltd. said they are seeing an improvement in their sales in the beginning of the festival season, others are less sanguine.
“The motorcycle industry is almost flattish with 1% to 2% growth only. We had thought that it would be upwards of 5%-6%,” Rakesh Sharma, executive director at Bajaj Auto Ltd., said in an Oct. 16 post-earnings call.
Sharma said he was waiting to see how the entire festival season pans out but was keeping his expectations grounded. “I don’t think we’ll reach 8%, 9% growth. I would be surprised.”
_— With assistance from Ruchi Bhatia_
https://www.bloomberg.com/news/articles/2024-10-30/from-reliance-to-unilever-firms-worry-about-low-consumer-demand-in-india
Kotak Mahindra Bank Ltd. reported an increase in gross non-performing assets and slippages in the September quarter. Axis Bank Ltd. also witnessed “some worsening of asset quality,” Chief Executive Officer Amitabh Chaudhry said in a post-earnings call this month.
The latest data from credit information firm TransUnion CIBIL shows credit card delinquencies increased by 17% as of June from a year ago.
Rising credit card defaults and slowing urban demand are linked, Suresh Ganapathy, head of financial services research at Macquarie Capital, told Bloomberg News.
“The feedback (from banks) was that there is a middle class which is indeed getting affected more,” Ganapathy wrote in an email last week. “There is an issue of inflation, over-leveraging – all that has been causing this slowdown in a way.”
*Litmus Test*
Companies have been waiting for the Indian festival season to boost sales — a three-month long period that culminates with the Hindu festival of Diwali later this week.
Diwali traditionally sees a shopping spree in India similar to the Christmas season in the US and European countries. That’s why the sales during this festival period will be a litmus test for India’s consumption demand.
India’s festival season demand so far is showing a “mixed picture,” Reserve Bank of India Governor Shaktikanta Das said on Monday.
Last year this time, Indians were splurging big and manufacturers were adding more capacity to keep up with strong demand.
While firms like Reliance and Hyundai Motor India Ltd. said they are seeing an improvement in their sales in the beginning of the festival season, others are less sanguine.
“The motorcycle industry is almost flattish with 1% to 2% growth only. We had thought that it would be upwards of 5%-6%,” Rakesh Sharma, executive director at Bajaj Auto Ltd., said in an Oct. 16 post-earnings call.
Sharma said he was waiting to see how the entire festival season pans out but was keeping his expectations grounded. “I don’t think we’ll reach 8%, 9% growth. I would be surprised.”
_— With assistance from Ruchi Bhatia_
https://www.bloomberg.com/news/articles/2024-10-30/from-reliance-to-unilever-firms-worry-about-low-consumer-demand-in-india
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