Bihar CM Nitish Kumar highlighted the growing strength of the JD(U)-BJP alliance during a JD(U) state executive meeting, while urging for special status or assistance for Bihar. With the state budget now at Rs 3 lakh crore, Kumar praised PM Modi and Home Minister Shah for their support. The party aims to secure 225 out of 243 seats in the 2025 assembly elections.
As an Indian, how can I invest into the Chinese stock market? Which App is good? (05-10-2024)
No idea of stocks but you can invest through Mutual funds eg Edelweiss Greater China fund and Axis has one china fund too
World Bank considering 27 of 30 suggestions on MDBs by G20 Independent Expert Group: FM Nirmala Sitharaman (05-10-2024)
Finance Minister Nirmala Sitharaman expressed appreciation for the World Bank as it is considering 27 out of 30 G20 recommendations to strengthen multilateral development banks. These recommendations aim to fight extreme poverty, promote shared prosperity, and support global public goods. The discussion took place with Nick Stern during the G20 India Presidency meeting.
Pitti Engineering Limited: Is it on an inflection point? (05-10-2024)
Hi,
Thanks for the information.
Is there anyway in which you can share the research report?
Jammu and Kashmir parties welcome EAM S Jaishankar’s SCO visit to Pakistan (05-10-2024)
Former Jammu Kashmir chief minister Farooq Abdullah expressed hope that India’s External Affairs Minister S. Jaishankar’s upcoming visit to Pakistan for the SCO meeting will foster better relations between the two countries. He emphasized the importance of dialogue over war, and desired that both nations work together to address economic issues and strengthen ties.
Shivalik Bimetal Controls Ltd (SBCL) (05-10-2024)
Thanks @GourabPaul
It is quite clear this is a customer-driven requirement, has been for a few years. As explained by Management earlier they had no time to puase (from ramping up on shunts/bimetal supply). Now with the demand-pause, the timing is right for forward integration, and SBCL has gone into execution mode on this.
Given that there is confidence of significant commercial sales within 6 months to 1 year, one should easily connect the dots on which options are likely being pursued. Sometimes young investors forget the fact that this is a business/management which has achieved a global market share of 10-12% in EBW Shints against tremendous odds and decades of effort; give them credit that they have enough wisdom to play to their strengths and do what is right!
[SBCL maintains they only pursue segments where they can enjoy significant technology-process-led competotive advantages; that’s like ingrained in their DNA]
Having said that, I remember one of the hesitations earlier (2 years back) to plunge into current-sensing PCB modules was Mgmt’s assertion that the design-approaches from Tier1/OEMs were a bit fluid and that they would like to bite, only when sure. @GourabPaul this is something you may like to pursue and make us more educated. Hella and Continental are among the likely Tier1s, so studying their design freeze, might give us some clues?
Tanla Platforms ~ Leading player in the fast-growing CPaaS market (05-10-2024)
@Anna, I wanted to ask who the DLT partners are for Airtel and Jio, similar to Tanla for Vi. Do you think the URL whitelisting rule will help Tanla gain market share, especially with the rush to register URLs? Also, it seems like funding in the sector has dried up, which I think might be a good thing—what’s your take on that? Lastly, do you think Airtel will have an edge over OTT messaging, like they do with SMS? I feel the market is going to shift dramatically from SMS to OTT, and India seems like a massive opportunity—for instance, WhatsApp has the most active users here. Too many questions, I know 
Poorer nation suits Congress: PM Modi (05-10-2024)
Prime Minister Narendra Modi encouraged voters in Washim and Thane to prevent the Congress from coming to power. He accused the Congress of wanting to keep the country weak and poor and blamed them for promoting societal division. Modi emphasised that Congress and its allies impede development and should be kept out of power.
SC allows claiming ITC on construction expenses (05-10-2024)
In a development that may encourage increased investment in commercial real estate, the Supreme Court on Thursday gave the industry relief by permitting input tax credit (ITC) on construction expenses for buildings meant to be leased. “If the construction of a building was essential for carrying out the activity of supplying services, such as renting or giving on lease or other transactions in respect of the building or a part thereof, which are covered by clauses (2) and (5) of Schedule II of the CGST (Central Goods and Services Tax) Act, the building could be held to be a plant,” said Justice Abhay S Oka and Justice Sanjay Karol.