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Old Pension Scheme not a gamechanger for 2023 assembly polls or 2024 Lok Sabha elections

February 3, 2023 by www.moneycontrol.com

It would be too simplistic to assume that the demand for Old Pension Scheme would be the central issue on which the state elections of 2023 and the Lok Sabha election of 2024 would be contested. In a surprise shift, Maharashtra deputy chief minister Devendra Fadnavis has said the state government is “not negative” about the Old Pension Scheme (OPS). Earlier he had expressed his opposition to the OPS in the Maharashtra assembly. With the Maharashtra legislative council elections delivering an adverse result to the state government, will it rethink its position? Meanwhile, reports also indicate that Congress in Karnataka is seriously considering reintroduction of the OPS as a key poll promise for its 2023 election campaign. Why OPS Gained Steam Evidence does indicate that the Congress party promise of restoration of the OPS (if returned to office) did help the party in winning the assembly election in Himachal Pradesh (HP). But it would be an overstatement to say that … [Read more...] about Old Pension Scheme not a gamechanger for 2023 assembly polls or 2024 Lok Sabha elections

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HDFC stock price rises on good Q3, Motilal Oswal expects 15% upside

February 3, 2023 by www.moneycontrol.com

The lender's net interest income rose by 13 percent to Rs 4,840 crore for the December quarter from Rs 4,284 crore in the corresponding quarter of FY22. Its total interest income rose to Rs 14,457 crore from Rs 11,055 crore in the year-ago period. Total revenue from operations was Rs 15,230.12 crore, up from Rs 11,783.60 crore in the year-ago period. Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Housing Development Finance Corporation (HDFC) share price edged higher in the morning session on February 3, a day after the company declared its December quarter earnings. The country's largest housing finance on February 2 reported a healthy 13 percent increase in its net profit increase in net profit for the December quarter on the back of strong loan disbursals and stable yield spreads. Housing Development Finance Corporation … [Read more...] about HDFC stock price rises on good Q3, Motilal Oswal expects 15% upside

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Berger Paints India Q3 net profit declines 20.5%; what do brokerages say?

February 3, 2023 by www.moneycontrol.com

Shares of Berger Paints India hit their lowest levels in 52 weeks in early trade on February 3, a day after the company posted a decline in its consolidated net profit for the December quarter. However, the recent correction in the stock triggered bargain buying from lower levels which helped it recoup its losses. At 10.52 am, shares of Berger Paints India traded 1.92 percent higher at Rs 551.00 on the National Stock Exchange as they recovered from their 52-week low of Rs 527.15. The paint manufacturer's consolidated net profit for the Oct-Dec period declined 20.5 percent on year to 200.9 crore dragged by higher expenses and a weak operational performance. Change in product mix, adverse impact of an extended monsoon and use of high-cost inventory weighed on the company's EBIDTA margin which contracted 239 basis points on year to 13% in the quarter ended December. One basis is one-hundredth of a percentage point. However, resilient volume growth on the back of judicious … [Read more...] about Berger Paints India Q3 net profit declines 20.5%; what do brokerages say?

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The Sales Game: 3 Strategies To Dominate The Field

February 3, 2023 by www.forbes.com

Share to Twitter Share to Linkedin President/CEO of Tyson Group , #1 WSJ and USA Today bestselling author, expert sales negotiator/consultant for the world's biggest brands. Pick a team sport—football, baseball, soccer, hockey—you name it. When you boil down all the playbooks and strategies, each sport ultimately results in teams attempting to do one of two things: 1) set up a score, or 2) score. Of course, this is a dramatic oversimplification of all the blood, sweat and tears that go into playing any sport at the highest level, but essentially the goal is to score and win. Sounds a lot like sales, doesn’t it? What if sales actually was a professional sport? The overarching objective for sales teams would be exactly the same as any other sport: 1) set an appointment (set up a score), or 2) close a sale (score). But a few critical details would need to be agreed upon before a formalized, competitive sport could be established, the least … [Read more...] about The Sales Game: 3 Strategies To Dominate The Field

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The Festive Silver Oak Release Day Events Are One Of The Keys To Its Success

February 3, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Twice a year, crowds anxiously line up outside the gates of the Silver Oak Cellars in the heart of Napa Valley. Encompassing an entire spectrum of ages from newly minted twenty-one year old's, to middle-aged families with children in tow, to grey-haired boomers, they are a snapshot of the modern wine lover. Each one anxiously clutches their entry ticket, awaiting the moment the doors swing open, and they can enter. It’s like a bacchanal Willy Wonka Adventure, except instead of five golden tickets found inside candy bars, these drinkers have paid $200 for the opportunity to sample the latest Cabernet being released to the public from a Napa legend. The events have been going on for decades and fly in the face of the notion that wine tasting is a staid affair. Instead, it has helped create a cult-like status around Silver Oak and its award-winning Cabernets. Plus, it created a blueprint for releasing new products that has been … [Read more...] about The Festive Silver Oak Release Day Events Are One Of The Keys To Its Success

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PBR Has Gone Big Again, This Time Releasing An 1844-Pack.

June 30, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Over the last few summers, the irreverent team at PBR has perfected the art of capturing the public’s attention. They haven't done it with expensive advertising campaigns or celebrity endorsements; instead, they have given the people what they want, more beer. From the moment they released their 99-pack in 2019, the idea of going bigger has seemed to become infused into Pabst's summer schedule. Last year they swung for the fences and dropped five Independence Day-themed 1776-packs to selected partners that they claimed was the biggest beer package ever. Seeing the support their gigantic box-o-beer garnered, they decided to amp things up this year. In a big way. By dropping their latest beast, an 1844-pack, on the general market. Yes, you read that correctly. The chances are good that someone will post pictures of themselves with a package holding over 76 cases of beer. “The basic genesis for this idea came from all … [Read more...] about PBR Has Gone Big Again, This Time Releasing An 1844-Pack.

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The Best Wine Subscriptions To Expand Your Palate In 2023

December 6, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Few heartbreaks are as universal as the kind that accompanies running out of wine. It’s one thing, after all, to run out of tomato sauce or paper towels. It is quite another to run out of rosé. With no wine on hand, you can’t clink your way into a celebration, sip your way out of heartbreak or stain your linens a delightful vermilion hue. Luckily, wine subscriptions exist—and they’re just as magical as you might expect (our top pick is Winc , but there are dozens of other fabulous choices available—and we’ve detailed all of their benefits ahead). What could be better than finding a selection of hand-picked wines at your doorstep—except, well, popping the corks on each one and diving in? Typically, wine-of-the-month clubs are relatively affordable (as compared to the price of a regular shipment of the same bottles), and they can be customized to suit your exact preferences, too. Boutique wineries and other wine subscription … [Read more...] about The Best Wine Subscriptions To Expand Your Palate In 2023

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Why You Should Visit Bangkok’s Revived Creative District

February 3, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Tourists cruise Bangkok ’s Chao Phraya River to see the gilded wats (Buddhist temples), the opulent Grand Palace and other sights along the historic waterway. But a revitalized destination has emerged along Bangkok’s banks, the Creative District, a lively area full of local cafés, galleries, restaurants and more. Established in 2015, the Creative District flows along the river and spills into the more residential Khlong San neighborhood on the western bank and the buzzing Bang Rak in the east. In 2016, the district held the BUKRUK Urban Arts Festival with international art exhibitions that left their mark throughout the area. Some of the world’s best street artists attended and painted large, bold and vibrant murals on local buildings. The most-photographed work comes from the Portuguese artist Vhils, who employed a unique carving technique to chisel realistic faces on a wall surrounding the Embassy of Portugal. … [Read more...] about Why You Should Visit Bangkok’s Revived Creative District

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World Cancer Day 2023 | Precision oncology is a new way of looking at cancer treatment: Dr Sewanti Limaye

February 4, 2023 by www.moneycontrol.com

Dr Sewanti Limaye, Director, Precision Oncology, HN Reliance Hospital and Research Centre. Cancer is among the most researched diseases in the world. For most cancers, early detection is rare, and there isn’t enough consensus among oncologists, researchers and practitioners of non-Western medicine on its exact causes. Overall, a few broad causes have been conclusively established: Cancer may arise as a consequence of genomic abnormalities such as mutations, or when the body’s immune system weakens or collapses, or due to external assaults to the body such as tobacco use, exposure to chemicals and radiation and certain infections. But much like the human body, much of this disease is a mystery. There is no one cause and there is no one cure. As Pulitzer Prize-winning author and oncologist Siddhartha Mukherjee has written in his cancer magnum opus The Emperor of All Maladies , “That this seemingly simple mechanism—cell growth without barriers—can lie at the heart of this … [Read more...] about World Cancer Day 2023 | Precision oncology is a new way of looking at cancer treatment: Dr Sewanti Limaye

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Emerging Market Risk Analysis Must Focus On Resilience (Not Just Disruption)

February 3, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Since 2017, the world has seen 135 significant protests against the political and economic policies of host governments. A review of news articles during this six-year period reveals myriad headlines imploring investors to “run for the hills.” Using the buzz words of “political instability” and “volatile emerging markets”, on-air pundits often urge investors to sell off their investments that are most affected by the civil unrest. Chaos in the streets today means currency devaluation and capital flight tomorrow. Before investors make any rash decisions, there are a few questions they should ask themselves and/or their advisers. The following uses the recent unrest in Peru as an example. Nearly two months ago, protests broke out in Peru, following what many qualified as a coup attempt and subsequent ouster of a democratically elected President, (US News and World Report) and now investors are considering their options in the … [Read more...] about Emerging Market Risk Analysis Must Focus On Resilience (Not Just Disruption)

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