Q) Nifty Bank fell more than 2% on Friday. What should investors do if they have a bank-heavy portfolio?A) The Reserve Bank of India (RBI) had surprised with another rate cut, and most of the analysts have expected that the announcement would be about moratorium alone but the RBI came with a rate cut. The RBI had focused on two elements the rate cut and moratorium. … [Read more...] about ‘Rate cut could benefit auto companies, watch out for Hero, Maruti Suzuki & Eicher Motor’
Famous watch companies
Fine dines have evolved DIY kits which, most believe, will find customers even after the lockdown opens. Mumbai’s 1441 Pizzeria’s gourmet DIY pizza kit helps people recreate the flavours of their famous wood-fired pizza. Managing Director Krishna Gupta says, “A survey told us that people were craving for good quality ingredients and restaurant-quality food. There was a gap to be filled and we jumped in. In your DIY box, you will get a half-baked pizza base, which is made from Italian Flour, a portion of Italian tomato sauce, imported Mozzarella cheese and other fresh ingredients depending on your choice.” … [Read more...] about Riding COVID-19 storm: Restaurants rewrite home delivery rules with special menus, DIY kits
In Wipro, after CEO Vivek Paul's exit in 2005, Azim Premji assumed the role for three years till 2008. Between 2008 and 2011, the company was led by Girish Paranjpe and Suresh Vaswani, both of them old-timers, who quit in 2011 on grounds of personal reasons. By then, Wipro's growth began to slump. … [Read more...] about Wipro’s new CEO: Can foreign executives succeed in Indian IT firms?
The planet of Cosmopolis is spectral and predatory. “I think you acquire information and turn it into something stupendous and awful,” Packer’s wife tells him, not entirely in disapproval. The interaction, even inseparability, between technology and capital is seen as a worthwhile objective. Numbers and charts are “the cold compression of unruly human energies, every sort of yearning and midnight sweat reduced to lucid units in the financial markets”. The yen rises and falls in a thrumming pulse against a backdrop of commerce and crowds, twin forces that “shape every anecdotal moment”. … [Read more...] about Reading Don Delillo’s ‘Cosmopolis’ during social and financial uncertainty
I can’t stand back & watch this happen to a great American City, Minneapolis. A total lack of leadership. Either the very weak Radical Left Mayor, Jacob Frey, get his act together and bring the City under control, or I will send in the National Guard & get the job done right….. … [Read more...] about Twitter hides Trump’s latest tweet about George Floyd because it ‘glorifies violence’