All About Rs 7,926 crore Transstroy Fraud
Market News

All About Rs 7,926 crore Transstroy Fraud

We’ll talk about Transstroy but first, let’s talk about a typical Indian scenario with respect to the spoilt brats. Whenever an exceedingly over speeding car is stopped by the traffic police in Delhi there’s one phrase that you would hear most of the times – “Tu Jaanta Hai, Mera Baap Kaun Hai?” (do you even know who my dad is?) Now, let’s get into the depth of this. This phrase represents the confidence that the defaulter carries in the sense that he is pretty sure of escaping after committing the mistake. The defaulter is confident because he knows that his dad is an influential person and therefore, the police would not be able to take any action against him.

Continue Reading about 10 months ago
Lakshmi Vilas Bank Merger: Factual and Informational Details
Market News

Lakshmi Vilas Bank Merger: Factual and Informational Details

It looks like the Government of India is now playing smart rather than being a ‘Daanveer’ (over merciful donator). Just in case you are not aware of ‘Daanveer’, we’ll tell you. This name (or rather title) was conferred to a person in a community or village who always donated whenever someone went to him and pleaded for money or help. Basically, whoever went to ‘Daanveer’ never returned empty-handed. This is because that person considered this as his moral responsibility to donate money and help anyone who approached him. But, this also resulted in many people taking undue advantage of his mercy.

Continue Reading about 11 months ago
Is Leave Travel Allowance (LTA) worth claiming?
Market News

Is Leave Travel Allowance (LTA) worth claiming?

Shimla, Manali or Goa, where are you traveling for a vacation in the upcoming new year? What if I tell you that by traveling to your favourite destination you can save a lot of tax? Yes, this is true. Now you might be thinking, how is this possible? It is possible in a Leave Travel Allowance.

Continue Reading about 11 months ago
The tussle between Amazon and Reliance over the Future Group deal
Market News

The tussle between Amazon and Reliance over the Future Group deal

Let’s get started on a lighter note (as usual). If I could dedicate a song to Future Group at the moment, it would be “Chan se jo toote koi sapna… jag soona soona lage...” Now, I’ll tell you the reason why I chose a sad song for Future Group and why particularly this one. You would have surely heard almost a month (or two) ago that Reliance Industries Limited has cracked the biggest ever deal of the retail sector to acquire the assets of Future Retail, and we also sent an edition of Ticker Talks on this. But now, the tables have turned!

Continue Reading about 11 months ago
Just In from the Banking Sector!
Market News

Just In from the Banking Sector!

Remember the good old times when people used to communicate only through letters? You might have seen it in the movies as well, that whenever a postman came to deliver the letter, a woman always started crying because she expected some bad news. This was not the woman’s fault. Actually, the letters were most of the time written only to communicate some sad news. There’s a reason why we are telling you all this.

Continue Reading about 11 months ago
Are Flipkart & Aditya Birla Fashion Exploring Synergy?
Market News

Are Flipkart & Aditya Birla Fashion Exploring Synergy?

Gaining access to someone else's resources for mutual growth really helps sometimes. Here's an example - #NehuDaVyah or #NehuPreet, you would have surely come across these hashtags or something related while scrolling through the social media. Singer Neha Kakkar is tying the knot with Rohanpreet Singh, that's what the news is. Although some people are also terming this as a publicity stunt. However, I am not concerned with whether it's a gimmick or the wedding is really happening. What I'm concerned with is the logic behind this wedding.

Continue Reading about 11 months ago
Strategic partnership of Amazon Web Services with Airtel
Market News

Strategic partnership of Amazon Web Services with Airtel

Ever seen a sprint event in the Olympics? There’s an interesting thing about these races and especially the 400-meter races. The athlete who is ahead or leads in the first 100 meters doesn’t necessarily win at the end. Mostly, the one reaching the finish line first is the athlete who doesn’t look to rush from the very beginning. It’s the athlete who builds up the pace and gradually increases the speed and gives its best in the final 100 meters. Sometimes, a similar situation evolves in the corporate world between a market leader and a competitor. 

Continue Reading about 1 years ago
Import restrictions on Chinese colour TV sets
Economy

Import restrictions on Chinese colour TV sets

We know it's an auspicious day today, and you may have watched the live telecast of Ramjanmbhoomi Bhoomipujan from Ayodhya. There's a fair chance that you would have watched it on a Chinese color TV, maybe a Xiaomi, TCL or OnePlus. Just in case you were thinking of buying a new TV in the near future and witnessing the telecast of such events, it's quite probable that your TV won't be a Chinese brand. Or, even if it is, it would have been manufactured in India. 

Continue Reading about 1 years ago
Time for Educational Transformation!
Economy

Time for Educational Transformation!

Our government is involved in filmy coincidences these days. In 2018, a political action drama Telugu movie was released titled 'Dashing CM Bharat' starring Mahesh Babu. In the story, the newly elected CM imposed heavy fines on those breaking traffic rules. Sometime after that, the government introduced heavy monetary penalties for traffic rule violations. Now, just a few weeks ago, a video went viral on social media in which an IAS officer was seen saying not so good things about our education system. And, here we are today witnessing the New Education Policy 2020 that has been introduced by the government. Now, whether films are being made to inspire the government or government is itself getting inspired by the films/social media, it is all worth it until doing good for common people.

Continue Reading about 1 years ago
Why the prices of gold are rising constantly?
Economy

Why the prices of gold are rising constantly?

Remember Sanjay Dutt’s Vaastav? Had that film been made today, Sanjay Dutt would not have been able to say that famous dialogue “Pachaas Tola!” (translating to 50 ounces of Gold). The reason being, he surely wouldn’t have been able to afford this much Gold with yellow metal’s prices touching record highs. This was on a lighter note, now let’s get into some informational details.

Continue Reading about 1 years ago
Flipkart Walmart Deal: Walmart India acquired by Flipkart
Economy

Flipkart Walmart Deal: Walmart India acquired by Flipkart

There is something called 'Fad.' This is a shorter version or rather the shortest version of fashion. Actually, fashion stays relatively longer than a fad. This is similar to 'getting viral,' which is becoming quite a thing these days. You would have noticed that all the stuff that gets viral stays only till the next thing gets viral. The fact of the matter is that fads stay for a short duration, but till the time they stay, people are just crazy about them. One such fad is e-commerce. You may remember that all the companies were trying to get into e-commerce, and it is still said to be the next big thing. But, looks like now the fad has changed to offline retail!

Continue Reading about 1 years ago
Vodafone-Idea gets a sigh of relief from Supreme Court
Economy

Vodafone-Idea gets a sigh of relief from Supreme Court

Can corporate situations resemble typical Bollywood movies? Sometimes maybe. You would have seen, especially in the movies of the ’90s, that, when a villain used to do everything he could to kill the hero, and the hero felt completely helpless, he went to a temple and prayed. ‘Upar wale ke ghar me dher hai, andher nahi,’ that’s what the hero used to utter while praying and some miracle happened which used to save his life and keep his family safe from the villain. After being forced to pay the AGR dues, Vodafone-Idea might have found itself in a similar situation.

Continue Reading about 1 years ago
New Advertising Strategy of Chinese Smartphones
Economy

New Advertising Strategy of Chinese Smartphones

In marketing, there's a concept called 'Localization.' According to this concept, a company customizes its product based on the needs of the market in which it is selling. A classic example of this is the introduction of 'Mc Aloo Tikki' burger by McDonald's in India. By the way, it was not innovation or some positive marketing strategy, but McDonald's was forced into this. After McDonald's introduced its classic Beef Burger in India, it had to face mass retaliation as it had inadvertently hurt Indians' sentiments. But, then it introduced a range of localized products, and you see, it's working for it fine now.

Continue Reading about 1 years ago
How Reliance Jio is becoming stronger than ever?
Economy

How Reliance Jio is becoming stronger than ever?

There's a famous scene from the Academy Award-winning movie Forrest Gump in which Tom Hanks (Forrest) takes part in a Rugby match. Nobody had any hopes from this guy because of his thin built. But then, suddenly, during the match when Forrest's team needs a winning point, the ball lands into his hands. He then hears the words "Run Forrest Run…" and he starts running. He runs and runs and reaches the other team's goal post. But, he doesn't stop and keeps on running. While running, he gets out of the stadium and reaches a road, and he continues to run. All the people try stopping him, but he's determined and keeps on running.

Continue Reading about 1 years ago
SBI is Yes Bank’s Savior, Again!
Economy

SBI is Yes Bank’s Savior, Again!

Heard of that tale of a Sage and a Scorpion? A sage used to go to a river bank each day to offer his prayers and take a bath. One day, a scorpion bit him while he was entering the river. He felt that painful sting, but at the same time saw that the scorpion was drowning. The sage couldn’t resist seeing a living creature die in front of his eyes. So, he lifted the scorpion in his hand and tried putting it on the shore. But, the scorpion bit him again! Once again the scorpion was drowning and the sage helped it, but scorpion stung again and again.

Continue Reading about 1 years ago
The ‘Desh Ka Namak’!
Economy

The ‘Desh Ka Namak’!

Salt as a commodity is not considered to be that important. But, you would have heard many times about taking everything 'with a pinch of salt.' This means that whenever someone tells you something, do not believe them completely or exaggerate. Salt is usually unique with its properties. You would have surely read in recipes add 'Salt to taste.' If the salt is less in a dish, it tastes bland while, on the other hand, if it's more, it becomes difficult to eat it. So, the perfect quantity of salt remains subjective.

Continue Reading about 1 years ago
Prelude to LIC’s IPO
Economy

Prelude to LIC’s IPO

We are telling you all this because Life Insurance Corporation of India (LIC) is currently involved in something similar. LIC is refining its portfolio ahead of its IPO that is planned for the next calendar year. Companies with lesser market caps are either being removed from the portfolio or LIC's holding is being reduced. This is based on quarterly reports of India's top insurer. What's exactly going on, read on to find out.

Continue Reading about 1 years ago
Indian Trains in Private Hands!
Economy

Indian Trains in Private Hands!

If there is one thing that is believed to represent the majority population of our country, that is Indian Railways. You would have surely observed that foreigners who visit India usually travel by trains to get to know this country better. Of course they get a proper rustic feel while traveling by trains. But, after taking this experience, they usually do not appreciate India. Not in a way that they disrespect the country but, it’s clear they do not enjoy their train traveling experience. Let’s delve deeper into this.

Continue Reading about 1 years ago