Apart from the entire ecosystem upgrade , question is does indian manufacturers are ready for it. One of the major part in the electric car would be Lithiun Ion battery. ISRO is working in direction and has provided the battery in the bus which was gifted today to Parliament.
Tesla is the supreme player in this. Toyota is another player. For Indian companies, can Amara raja scale is something that needs to be investigated.
The charging times are coming down, look at Tesla Cars. They have normal charging time of 1 hour for 29 miles and with supercharge you can do charging for 170 miles in 30 minutes. IMHO the electric cars are going to be the game changer.
I see electric battery as more of an evolution towards which the whole industry may have to move in future. It is absolutely the sensible alternative but cannot be the only one.
As long as there is no way to instantly charge your electric battery at the recharging stations it will not have absolute monopoly.
It will probably be the fuel of choice but other fuels will continue to be in use until we can refill electric battery instantly.
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Well we all know electric cars are present in India but could not catch the momentum yet. Recently I watched AAP KI ADALAT show where current transport minister Mr Nitin Gadkari said that within 2 years there is going to be massive govt initiatives to sue electric cars. This calls for major facelift in the entire eco system. Like CNG stations there might be electric charging stations.
My intention behind posting this thread is that I want to understand from the experienced person in this forum that can we call electric cars a disruption in automobiles. Also if electric cars could be next big things then , what companies could get the major pie of the share.(ex M&M which has Reva)
Relaated Links:-
http://www.thebetterindia.com/40169/pollution-lok-sabha-electric-bus-isro/
I am creating a topic to discuss various queries on corporate income tax, dividend tax, capital gains for corporate, tax holidays etc. Believe most of us try to identify value while being in the dark about 10-15% of the company’s expenses that are primarily taxes. A company that makes 25% EBT and paying 30% income tax (30%*25 = 7.5) is spending 10% of its money only on income tax. Then comes DDT, CSR taxes, income tax cess etc.
We need active participation of certified people in this forum (CAs). While I am reasonably aware of rules, I am not certified and not sure of my knowledge on these most times.
My first question is on capital gains on sale of subsidiary. I believe it would be capital gains tax after indexation if the holding is more than 3 years and not corporate income tax rates. Am I right?
Thanks in advance
Great Work, Gaurav.
what about the growth prospectus?
as you already mentioned about brands it is having. Also you mentioned about new launches. But current QOQ(sep15) revenue increase is 10% compared to 15% of Rajesh export that too at the sales of 10000 crs.
what are your expectation of future growth based on information you digged?
Thanks
Hi all,
I was a summer intern with this organization in Finance and Supply chain department. I had to reject an offer from this org, as the culture is pretty laid back. Many internal systems are technologically not strong.
As you all have already mentioned, Sundrop and Popcorns are the major revenue drivers. Most sales of Sundrop comes from Military canteens. Sales promotions are carried out with other retailers to carry of the sales of oil products, throughout the year. Popcorn, the margin they get is very less though i would say i was impressed by the reach of it. They have captured most of the market.
Many other products they wish to sell, but not selling are olive oil, peanut butter etc., these products are introduced way back, yet, no improvement in sales are being seen.
From all this, I was not interested to buy this company, and at current valuation, this looks stretched
Hello Seniors,
After commissioning of new plant in AP…what are the prospects now?
Do we see a significant change in the future outlook?
Please guide
Agreed @constantseeker_
Gitanjali & Tara seems to be mixed player – manufacturing & retailing both. I have appended the edited table
