The NBFC space is seeing new listings with strong RoA and asset quality – Northern Arc Capital being the latest one
EY employee death: Rahul Gandhi assures Anna’s parents to fight for improving working conditions (21-09-2024)
Rahul Gandhi, Leader of Opposition in the Lok Sabha, has assured the parents of Anna Sebastian Perayil, who died due to alleged extreme work pressure at Ernst & Young, that he will fight for better working conditions for professionals in India. AIPC will launch a helpline to address work stress issues and draft guidelines for improved workplace conditions.
Tracking History: D-Street shines in 3 months and 3 years following US rate cuts (21-09-2024)
Historical data since 1990 reveals that in four out of five instances, the Sensex experienced an average gain of 25% within three months of the US Federal Reserve initiating a rate-cut cycle.
Mirza International – consistent performer but undervalues at present? (21-09-2024)
I exited almost immediately after the demerger. Retape was the real deal which too is fair-overvalued now.
BHEL bags order worth over Rs 6,100-cr from NTPC (21-09-2024)
Bharat Heavy Electricals (BHEL) has announced that it has received an order worth over Rs 6,100 crore from NTPC to set up supercritical thermal power project in Chhattisgarh.
Lotus Chocolate Company: A Tasty Affair (21-09-2024)
Well, I feel I could not convey what I wanted to. Anyways, time and the company’s performance will tell. I might be wrong or I might not be.
1.Lotus doesn’t sell Cocoa, Amul has been undercutting the competition’s pricing by a good margin for years now and it can happily continue doing so, its huge.
2.I am assuming you know that ingredients are mentioned in descending order of their weightage in a recipe. It is pretty clear that Amul’s chocolate in the same price range has Cocoa as its first ingredient and that there is no such thing as pure chocolate when it comes to Mondelez. But you do get Pure chocolate in Amul.
3.Okay, Forgetting the articles. I am attaching a price chart of Amul dark chocolate which still sells for 110, the price it was being sold at least a year ago. They are growing much faster than brands like Cadbury’s as mentioned earlier and moreover, lotus is also increasing their client list.
- I hope you understand that the same dairy milk being sold in India contains lower quality ingredients and probably the lowest cocoa content across the globe so cocoa prices won’t do much to them because there is negligible amount of cocoa when compared to countries like the UK where cocoa contents are much much higher.
Please come to conclusions based on the data.
https://indianexpress.com/article/india/indias-black-chocolate-market-biggest-brand-9092362/
Congress to launch agitation against RSS-BJP over derogatory remarks against Rahul, says Kharge (21-09-2024)
Congress chief Mallikarjun Kharge announced an agitation against threats to Rahul Gandhi, criticizing the BJP and RSS for derogatory remarks. He accused Prime Minister Modi of failing to act against such statements. Kharge emphasized Congress’s commitment to restoring statehood and providing jobs in Jammu and Kashmir.