Infighting among Congress leaders Hooda, Selja, Surjewala, and Kiran Chaudhary weakened the party in the Haryana assembly elections. Selja distanced herself from the campaign, while Chaudhary joined the BJP. This disunity allowed BJP to exploit these divisions and consolidate support among non-Jat communities, significantly hampering Congress’s performance.
Lt foods (daawat) (08-10-2024)
Resolution 4 in the AGM – Re-appointment of Mr. Vijay Kumar Arora as MD – 86% (total 17% votes) of Institutional votes polled were against the resolution. Isn’t this weird and uncommon?
Institutional votes would be from mutual funds holding this, but would not include SALIC?
Nagaland CM writes to Union External Affairs Minister to stop proposed auction of Naga human remains in the UK (08-10-2024)
Nagaland Chief Minister Neiphiu Rio has urged Indian External Affairs Minister S Jaishankar to intervene in the proposed auction of Naga human remains in the UK. The Forum for Naga Reconciliation has condemned the auction, stating it perpetuates colonial violence. Rio calls for immediate action to halt the auction, emphasizing the emotional and cultural significance for the Naga people.
Hindenburg shorts Roblox, alleges inflated metrics like user numbers (08-10-2024)
Roblox shares fell 9.2% in early trading after the short seller said the company conflated daily active users (DAUs) with the number of people visiting its platform
These 11 smallcap stocks hit 52-week highs, rallied up to 45% in a month (08-10-2024)
The Sensex gained 585 points on Tuesday, closing at 81,635. 11 smallcap stocks hit their 52-week highs, suggesting strong performance and potential for future growth.
Zomato – Should you order? (08-10-2024)
The real threat to Blinkit and others is from players who don’t have to bear the overhead costs of setting up and running dark stores. JioMart is able to use Reliance’s vast network of offline stores and has started delivering in under 1 hour, which is already quick enough for groceries and other essentials. Other than food, nobody realistically needs anything worthwhile delivered in 10 minutes as opposed to 30 minutes or 1 hour. I mean, people would spend more than 10 minutes for just adding those many items to cart.
Makes you wonder “Is the market big enough for 7-8 players to co-exist?” I would think not. Also the fact that Flipkart and Amazon, who probably know the ins and outs of the Indian market after all these years, don’t see quick-commerce as lucrative enough to go big in is actually a red flag for the whole quick-commerce bull narrative.
LS Speaker to decide on PAC summoning SEBI Chief Buch (08-10-2024)
Only Standing Committee can summon, question