CATEGORIES

Will ‘Bad Bank' Craft Good Banks?

Finance Minister, Nirmala Sitharaman has, at last acted upon one of her many announcements during the 2021 Budget presentation, by declaring the creation of India’s first-ever ‘Bad Bank. It will acquire all the NPAs of a bank at a price that is below their book price. It then will work to recuperate and turn around the assets by way of expert management, sale, or restructuring. How effective would be bad bank to solve the mega problem of NPAs? Shivanand Pandit answers this big question.

“GVFL has been at the forefront of ‘Atmanirbhar Bharat' long before the word was coined”

There are a lot of disruptions happening in the entire segment of the economy in these critical times. Please elaborate the kind of crises you faced and what has been the impact of Covid and lockdown?

RAFT MOTORS Revolutionizing the EV Segment

Raft Motors is a new entrant in the Electric Vehicle segment, however, with ever-increasing dealership nodes in major towns, it is fast emerging as one of the industry leaders with innovative products and advanced engineering skills.

KIOCL Limited Despite Lockdown Registered Spectacular Financial Performance

KIOCL Limited, (Previously known as Kudremukh Iron Ore Company Ltd.), a Flagship Company under the Ministry of Steel, was formed in 1976 for mining and beneficiation of low-grade iron ore at Kudremukh, at Chikkamagaluru district of Karnataka. The Company was conferred with Mini Ratna status in 1999. The country’s prestigious Export Oriented Unit (EOU) has its Pelletisation Complex and Pig Iron Complex (Blast Furnace Unit) at Mangalore and engaged in the business of manufacturing high quality Iron Ore Pellets for export and domestic market and supply of foundry grade pig iron in domestic market.

BANKING ON BANK

Banks after underperforming year till date are likely to outperform once again and continue with their long term trend.

6 Steve Adcock's Financial Rules

Self-made millionaire Steve Adcock retired from his job as a software developer in 2016, when he was just 35 years old. Over the years he has curated lots of tips for building wealth.

Money Speeds

Money works. The offeror makes more gains in return than he bribes

BLAME GAME MUST END

UNDERSTANDING THE OIL BOND MATH

ACHILLES HEEL High Assured RoE push up power tariffs, need abolition

High RoE that was offered as an incentive to boost power generation in the country two decades ago has now become Achilles heel for the regulators and consumers across the country as it is one of the major fixed cost factor driving retail power tariff higher.

SUGAR TURNING INTO WHITE GOLD

Sugar sector, for long, has always been considered as cyclical in nature. Nevertheless, some structural change that is taking place now makes it a sustainable business and reduces the cyclicality.

V ONE HOTELS: A MARATHON RUNNER IN HOSPITALITY SECTOR

V One Hotels has emerged as a leading hospitality group. It is an initiative of Vision Hospitality Management which is highly regarded for its professional outlook and dedication to integrity.

When will the Market See a Big Fall?

This is the question most equity investors have been asking. Unfortunately, no one is able to get a concrete answer for this question. The current rally is largely driven by the pouring liquidity which cannot continue forever.

Walls To Firewalls The Future Of Banking

Fintech start-up Bharat Pe has been rewarded with a banking license. It raises a lot of questions. What is the ‘future’ bank going to look like? Will the physical walls crumble and give way to firewalls? Dr KS Ranjani and Dr Anjali Chopra conducted a qualitative research with both customers of digital banking services and financial service providers to understand the drivers of depth of digital banking adoption.

IPO Look Before You Apply

Many people have started feeling that the IPO market (initial Public Offer) has become a lottery market nowdays.

How To Select A Mutual Fund

There are thousands of funds to choose from, scattered among dozens of investment categories. How can investors find the best funds that fit their needs, goals, and risk tolerance?

“I Believe you Grow As A Human Being, By Learning And Unlearning”

KOMAL PIYUSH SOMANI, Founder & Director, Resvera Wines Pvt. Ltd., has passion for creativity and to stand out in the ordinary because she strongly feels ‘we all are the brand and if we don’t brand ourselves, who will.’

The Lending Libraries of Madras

Madras (what to do, I’m still uncomfortable with Chennai and Mumbai) will always have a special place in my life.

RISE OF A PHOENIX

Let us accept the truth that Mr Anil Ambani is one who is a victim of an adverse business environment, where a range of external factors from stiff competition to betting on the wrong technology to an economic slowdown had gone against him. Life certainly has not been kind to him. Imagine once the sixth richest person in the world, with a wealth of USD 42 billion has recently given a testimony in a British court that his net worth was zero. However, he is not someone who squandered away his wealth or flew away in his private jet to a foreign country. There is fall from the grace for his group in last twelve years, nevertheless, the position is getting better and is much better than year ago. This is in spite of the continuous bashing by a fifth-generation politician. The recent developments initiated by Anil Ambani’s new lieutenants, not to exclude his sons, indicate a change for good. These are considered to be rational decisions. We believe that there will be consolidation in the group. Some of the companies not doing well are likely to meet RCom’s fate while others will lead the revival of the group.

Harnessing the Digital Giants

Even though the purpose to generate a sharper governing atmosphere for e-commerce firms in the interest of consumers is evident from the draft amendments to the electronic commerce rules under the Consumer Protection Act 2020, there is potential for business ambiguity and consumer inconvenience. Mr Shivanand Pandit, feels the government missed many points while framing the new rules.

Where Is Market Headed

The surge in the equity market has been fuelled by the liquidity boom across the globe, which is now behind us. What course will the market take from here on?

Kamleshbhai Patel & Mukeshbhai Patel Asian Granito India Ltd

Who could have imagined in year 2000 that a small 30-employee venture would shortly eclipse some of the big names in a sector which was already flooded with several companies? Still, deprived of the first moving advantage Asian Granito India Ltd. (AGIL) has come a long way. At present the company has a strength of over 6,000 people including contract labour. With the head count the Company had also achieved 40 times growth in its production capacity to around 1 lakh square meters per day clocking a net consolidated turnover of ₹1292 crore in 2020-21.

World War-D, a new Cold War

What is ‘D’? It means literally - Deception, Digitization, Depopulation, Deurbanisation, and many more…The list is long. Chinese administration has a monopoly over some of them.

Most Popular Warren Buffett Shareholder Letter

One of the greatest signs of intelligence is the ability to explain complex topics in a plain and simple manner that people can understand. This is what makes Warren Buffett such a genius. That’s not to say that he isn’t ridiculously book smart either.

KIOCL Limited Constantly Making the Country Self-reliant

KIOCL Limited is a pioneer in iron ore mining, beneficiation and iron–oxide pelletisation in the country. Established in 1976, as Kudremukh Iron Ore Company for mining and beneficiation of low-grade iron ore, it is now a Mini Ratna Category I PSU. The renamed company has been continuously making a profit and paying dividends to its investors.

Central Bank of India Scores Better (Quarter Ended June 30th, 2021)

Net Interest Income (NII) remained almost flat at ₹2135 Crore as of 30th June 21, as compared to ₹2146 as of 30th June 20 and improved from ₹1516 crore to ₹2135 crore (40.83%) on Q-o-Q basis.

The Hidden Agenda of the Climate Alarmists…

The subject of climate change has been taken over by a group of pseudo-scientists using badly flawed models, selected data, and hyperbolic claims amplified by a largely ignorant media and opportunistic politicians looking to increase their own power

When R entered in Rajya Sabha

AS was already expected from them, considering the number of scrupulous characters becoming a Rajya Sabha MP last few years, they, with their unruly conduct, did it what they had been practicing outside lowering the dignity of the House. In the Monsoon Session, some of them climbed on the table and threw files at Chairperson. Creating ugly scenes have become a daily practice. Also as expected they don’t feel shame.

Khanvel Resort Synonymous to Opulence and Grandeur

Located in Silvassa, known for the renowned Warli culture and its connection with the Portuguese, the channel resort is spread over 15-acre picturesque landscapes. Khanvel is most preferred to have a perfect wedding, against the backdrop of the lush, hilly terrain. With 9 halls, designed with a variety of seating formats it can host events that have anywhere between 20 to 350 attendees. The Resort provides a delicious assortment of cuisines ranging from Gujarati, Marwari, Kathiawadi, and Punjabi to Chinese and Continental cuisines. IE&M Team met the man behind it Mr. Nirmal Jain.

August: A Month of Transition

The calendar has shifted to August, the eighth month on the Gregorian calendar that was introduced to us by Pope Gregory XIII and came into general use in 1582. The word august, which derives from the Latin, can mean majestic dignity or grandeur. If you were born in August and have any interest in astrological signs you probably know that you are either a Leo, a lion full of energy (July 23 to August 22) or a Virgil (August 23 to September 22), who are described as logical, practical, and systematic in their approach to life, an earth sign.

COVID-19 - Is It A Black-Swan Event?

It often happens that, the thought of fear itself is greater than what it is we fear. The stock market is currently experiencing the same. It is feared that deadly Coronavirus could tip the world economy into recession. The correct assessment of the impact would be difficult now as situation is quite fluid. The emergence of new centers of infection outside of China is fueling concern that the outbreak could become a global pandemic, rattling financial markets. Nevertheless, it presents an opportunity to India. The current software industry in India is also a product of similar opportunity presented in year 1998 due to Y2K problem.