The Calcutta High Court was informed that state governments have the authority to take action against IPS and IAS officers within their jurisdiction. This statement was made during a plea seeking action against former Kolkata Police Commissioner Vineet Goyal for allegedly revealing the identity of a rape and murder victim, defying a Supreme Court directive.
Posts tagged All News
Northvolt, Europe’s Hope for a Battery Champion, Files for Bankruptcy (21-11-2024)
The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.
Agro Tech Foods – A small cap MNC foods FMCG (21-11-2024)
Yes @PuneetNandwani it is a great valuation below 2.5 ps but there is also a reason why it is valued below 2.5. Agro tech foods sales growth and profits have been negative by checking out their past performance. But after acquiring DelMonte I guess their statements will start to improve. Also I checked out Convergent and Samara capital they have great portfolio and they taking the finance and changing the board members can be a turn around for Agro tech foods. They also focused on expanding their Margin levels by Supply chain optimisation.
But their product portfolio is no very much attractive according to my views, I can be completely wrong but what I suggest is to wait for 2-3 quarters to see how company is showing their turnaround and is their P&L statement improving or not.
Long way before charges against billionaire Gautam Adani are framed (21-11-2024)
The US Department of Justice has indicted billionaire Gautam Adani and seven others on charges of bribery, fraud, and obstruction of justice. The indictment alleges a scheme to bribe Indian officials and defraud US investors. Adani maintains his innocence, and the case will now proceed to trial.
Stable inflation is important to sustain growth: RBI Guv Das (21-11-2024)
RBI Governor Shaktikanta Das reaffirmed the central bank’s commitment to achieving the 4% inflation target, effectively ruling out immediate rate cuts. His comments come amidst calls for rate reductions from government officials. While acknowledging the need for growth, Das emphasized price stability as crucial for sustainable economic progress, particularly for the Global South.
Adani bribery allegations: TDP decides to wait and see despite records detailing official meeting under Jagan govt (21-11-2024)
The Telugu Desam Party (TDP) is cautiously observing the situation following accusations that the Adani Group bribed a senior official in the former YSR Congress government. A US indictment alleges the bribes were paid to secure a power purchase agreement, but it doesn’t name the official.
TDP first red flagged Adani-Azure Andhra deal (21-11-2024)
TDP’s Payyaula Keshav had raised objections regarding the Adani-Azure solar power deal in Andhra Pradesh, questioning the tender modifications and tariff revisions.
How to take leverage to go long in market (~2 years)? (21-11-2024)
I understand your point but below is what I meant.
Lets say you have 3 Lakh and want to invest in RIL with just 2X leverage but not 6X. So what you do is you buy 1 lot of Reliance on zerodha and keep 2Lakh in a debt mutual fund/ liquidbees or equivalent.
Given that your total networth/cash is 3 Lakh but the Reliance position is almost equal to 6L (in future contract) so your leverage is just 2X.
Also, the future markets are not liquid if someone wishes to trade 100s of contract in one go but if you just want a few contracts at a go, then I see the bid ask spread is minimal so I would say the fno market for top-100 stocks is pretty liquid. no?
Lazycap’s Portfolio – Feedback (21-11-2024)
Am just scared because of valuation we should not compromise on growth…what you feel ?How much they grow… and do the have any moat(may be noob)
Ganesha Ecosphere – Green Earth play (21-11-2024)
Guys
The good numbers are only optical. Look at the operating cash flows and the rising debt levels. I think they are not generating enough cash even to pay the interest and have announced further capex plans – I think this stock is going to be in trouble at some point in the future.
Discl; Invested but have reduced holdings