Swedish singer Zara Larsson on Tuesday announced the end of her collaboration with Chinese tech giant Huawei as she felt hindered by the collaboration to take a stand on what China ‘was doing’ in regards to the Uighurs, TikTok and Hong Kong. … [Read more...] about ‘It’s not something I stand behind’: Swedish singer Zara Larsson ends her collaboration with Huawei
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"Maruti with its more than 50 percent share is our preferred sector pick. Within auto parts, we have a 'buy' rating on Endurance, which will benefit from its increasing content supplies to the two and three-wheeler OEMs. The parts supplier has acquired the European parts companies - Adler and Grimeca, which will further enhance their technical competence," said Makharia. … [Read more...] about July auto sales signal recovery: Should you buy stocks from the sector?
1. Type 1 – Capital redeployed only in core businesses historically: Firms such as Page Industries and Relaxo Footwears have reinvested on average, 50% and 90% respectively of their annual operating to expand manufacturing capacities in their core operations, enhance IT systems, etc. Moreover, every layer of geographical (within India) or product category expansion has been carried out organically in adjacencies which have a significant overlap with their existing core business. For instance, over two decades, Relaxo expanded pan-India into sports shoes and various sub-segments of casual footwear, from being just a north-India player manufacturing flip-flops. Page started off by offering just men’s innerwear in the 1990s and has subsequently expanded into leisurewear, sportswear and outerwear categories for men, women and kids. For such companies,we focus on building conviction on the runway of growth available to the firm’s core … [Read more...] about Saurabh Mukherjea’s investment mantra to navigate through a crisis: Part-2