Redmi 9 Prime has been launched in India. The budget smartphone from Xiaomi is priced at Rs 9,999 and comes with features like a quad-camera setup, a massive battery, etc. Redmi 9 Prime goes on sale starting August 6 during the Amazon Prime Day sale. … [Read more...] about Redmi 9 Prime launched in India with quad-camera setup, 5,020 mAh battery: Check price, specifications, features
600 home runs
"In the ancillary space we like Minda Industries given its constant penchant to increase content per vehicle and its presence in new-age technology products. In the prevailing times, the focus should be on picking up businesses that are capital efficient in nature and possesses healthy balance sheet strength (low debt) with a history of generating positive Cash flow from operations," he said. … [Read more...] about July auto sales signal recovery: Should you buy stocks from the sector?
- Phase 1 (1999 to 2005) – Successful domestic M&A: After having spent five decades in establishing a monopoly in white glue (Fevicol), Pidilite started acquiring and building other adhesive and sealant brands to expand its product portfolio and to extend the firm’s channel presence and intermediary influence. The acquisitions included: a) Ranipal in 1999 for Rs 4 crores; b) M-Seal and Dr. Fixit in 2000 for Rs 32 crores; c) Steelgrip in 2002 for Rs 10 crores; and d) Roff in 2005 for an undisclosed amount. Capital deployed towards acquiring these firms was approx. 11% of the total operating cash flows generated by Pidilite over this period. Most of these acquisitions have become monopolies in their respective categories by now and have delivered RoOCEs substantially higher than the cost of capital for Pidilite. Thanks to this phase of expansion, Pidilite has one of the most diversified distribution networks, with its products … [Read more...] about Saurabh Mukherjea’s investment mantra to navigate through a crisis: Part-2
Reynolds invested in Aviation, which was originally founded by a bartender and distiller duo in the Pacific Northwest, mostly because he liked it so much that he couldn’t stop thinking of ways to help it succeed. Which is pretty much the same reason he purchased a significant ownership stake in four-year-old Mint Mobile last year. Mint is what’s known as an MVNO—a mobile virtual network operator—which means it purchases excess wholesale capacity from a big nationwide network (T-Mobile, in Mint’s case) and rebundles it for customers. MVNO brands, which include Boost Mobile, Google Fi, and carriers’ own low-cost options such as AT&T’s Cricket, typically have no retail footprint and relatively tiny marketing budgets. That’s where Reynolds saw an opportunity. He felt the value proposition was so strong—most Mint plans are $15 a month, compared to around $60 for the major brands—that his unique ability to get the word out would … [Read more...] about Ryan Reynolds on ‘Deadpool,’ diversity, and the secrets of successful marketing
Then Listen Once you make it comfortable for people to open up, resist the urge to jump in and help. Instead, show your people you care by listening. “When I was earning my Green Beret, my leader said, ‘Your success here at this unit is going to be determined by your ability to listen,'” says Van Camp. “Instead of solving problems or telling them your thoughts, sit back and just listen. When you do, don’t let your mind wander. Pay attention, and you can feel a relationship building.” … [Read more...] about A Green Beret shares how to deal with uncertainty as a leader