Indian Economy & Market Magazine - March 2024

In this issue

All Rugulars

GOOGLE'S "DON'T BE EVIL" SLOGAN

Google was started with a grant from the Defense Advanced Research Projects Agency (DARPA). This is why they adopted the slogan “Don’t Be Evil”: they knew from the beginning that the time would come and maybe they had every intention to resist early on. Google removed the public-facing slogan in 2015 when the company created the umbrella corporation Alphabet. Sure enough, it must have been about that time that the company decided just to embrace evil. Jeffrey A. Tucker says those days are long gone. We are where we are.

4 mins

Toyam Sports Ltd. Reports Earnings for Q3FY24, Revenue from Operations Grows 914% QoQ

Toyam Sports Ltd., a prominent player engaged in sports production, promotion and management, in its board meeting held on February 14, 2024, has approved the unaudited Financial Results of the Company for the quarter and nine months ended on 31 December 2023.

2 mins

Gold: An Excellent Diversification

Gold is priced in dollars. Inflation means the dollar is worth less in terms of purchasing power. That means it takes more dollars to buy gold, so the dollar price of gold goes up. What you may lose in the rest of your portfolio in terms of dollar purchasing power is made up in part or all from the profits you make on the higher dollar price of gold. James Rickards says owning gold will protect you from the ravages of inflation. You’ll have your inflation protection in place 24/7 and won’t be caught off-guard.

5 mins

Balaji Telefilms Ltd. Reports Robust Earnings for Q3FY24, To release "Love, Sex aur Dhokha 2"

Balaji Motion Pictures’, a division of Balaji Telefilms Ltd.’s highly anticipated Love, Sex aur Dhokha 2 has been in the headlines ever since its announcement.

2 mins

TEMPLE ECONOMICS

Catalyst for Economic Resurgence and Cultural Exchange

3 mins

Hardwyn India Ltd. Reports Stellar Earnings for Q3FY24, PAT Jumps 191% QoQ

Hardwyn India Ltd., a leader in architectural hardware and glass fittings, has announced stellar earnings for the quarter and nine months ended 31 December 2023.

2 mins

Apollo Micro Systems Ltd. Establishes Integrated Plant for Ingenious Defence Systems (IPIDS)

A pollo Micro Systems Ltd., a pioneer in Design, Development and assembly of Custom Built Electronics and Electro-mechanical solutions, has announced that it performed the groundbreaking ceremony and foundation stone laying for integrated plant for Ingenious Defence Systems (IPiDS).

2 mins

PHARMA STOCK: AT PINK OF THEIR HEALTH

Pharma stocks are once again showing sign of strength as they have outperformed key equity indices.

10+ mins

Key Takeaways From WARREN BUFFETT'S Annual Letter

Investors have long sought wisdom from the Oracle of Omaha on markets, the economy and life in general. But this year Buffett opened Berkshire’s annual report on a personal note with a dedication to Charlie Munger, who died in November at age 99, just 33 days before the milestone birthday.

4 mins

Remedium Lifecare Ltd. Reports Stellar Earnings for Q3FY24, Sets Record Date for Stock Split

Remedium Lifecare Ltd., a company engaged in trading API intermediates (KSMs and CRMs) and various other raw materials essential to API trading, has announced its financial results for quarter and nine months ended 31 December 2023.

2 mins

Marsons Ltd. Bags ₹40 Cr Order in West Bengal

Marsons Ltd., a leading player engaged in Power and Distribution transformers, is pleased to report that the company has secured orders worth nearly 40 Crores as part of the 1st phase of the RDSS scheme in West Bengal.

2 mins

Sarveshwar Foods Ltd. Board Approves Fund Raise of up to ₹99 Crores

Sarveshwar Foods Limited, a leader in the business of manufacturing, trading, processing, and marketing of branded and un-branded basmati and nonbasmati rice, has announced that the board approved a fund-raise of up to Rs. 98.94 Crores by the way of issue of Up to 10,20,00,000 Fully Convertible Warrants convertible into equal number of Equity Shares of face value of Re. 1/- each, to persons belonging to non-promoter group persons at an issue price Rs. 9.70 per warrant, subject to approval of shareholders and other regulatory authorities, as may be applicable.

2 mins

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Indian Economy & Market Magazine Description:

Indian Economy & Market Magazine is a monthly magazine published by Scintilla Communications LLP in Mumbai, India. Indian Economy & Market magazine is known for its in-depth coverage of the Indian economy and markets, as well as its insights from leading experts in the field. It covers a wide range of topics related to business and economics, including:

* Economic news and analysis: Indian Economy & Market Magazine covers the latest economic news and trends from India and around the world. The magazine also provides in-depth analysis of the Indian economy, as well as its impact on businesses and individuals.
* Market news and analysis: Indian Economy & Market Magazine also covers market news and analysis, including stock market trends, commodity prices, and currency movements. The magazine also provides insights from leading analysts on how to invest in the Indian markets.
* Industry news and trends: Indian Economy & Market Magazine also covers industry news and trends from different industries, such as technology, finance, healthcare, and manufacturing. This coverage helps readers to stay informed about the latest developments in their respective industries.
* Corporate news and profiles: Indian Economy & Market Magazine also features corporate news and profiles of leading companies in India. These profiles provide readers with insights into the strategies and operations of these companies.
* Personal finance: Indian Economy & Market Magazine also features articles on personal finance, such as investing, saving, and retirement planning. These articles help readers to make informed financial decisions.

Indian Economy & Market Magazine is a valuable resource for anyone who is interested in business and economics in India. It is a must-read for anyone who is looking to stay informed about the latest economic and market trends in the country, or who is looking for insights from leading experts in the field.