"While the festive season has augured well, with no major negative surprise, current demand and low inventory sentiment suggest higher wholesales in Dec’20. Valuations are reflecting a recovery during H2FY21, leaving a limited margin for safety for any negative surprises," Motilal Oswal said. … [Read more...] about No negative surprises, auto sales numbers for November likely to show an uptick
Maruti suzuki most selling car
“Inventory that depreciates, i.e. a normal model car or a normal model watch, which is not sought after, not a special this thing or that thing, has to be cleared,” Gargash said. “A car, I always say, is like a crate of fruit. After a while it rots. Once the year of the model is past, that car starts rotting and it never regains its value. Of course, when you go into super cars or rare cars, it’s a different story. I believe clearance is part of the product cycle. The exception is the special edition or rare product that appreciates, and which some houses create from time to time. Clearing those is disadvantageous to those who own them.” … [Read more...] about Grey market can destroy luxury brands — watch enthusiasts voice their views on the disturbing trend
To determine when it makes sense to wait and let the other side make the first offer, we need to take stock of how much information we don’t have. Consider this: Thomas Edison had a new invention that he thought would improve the telegraph machine. So he took his ideas to the Western Union Telegraph Company. When Western Union asked him to name his price, his initial instinct was to shoot for the moon and ask for $2,000. But for some reason he stopped himself and said instead, “How about you make me an offer.” Western Union opened with $40,000! That was at least 20 times what he was going to ask (and is the equivalent of nearly $1 million in today’s currency). He used this unexpected windfall to build a laboratory where he later created the phonograph and the electric light bulb. … [Read more...] about When To Make The First Offer In A Negotiation, According To Science
However, the task is easier said than done. LIC being an insurer will also have to cross regulatory hurdles to pick up a majority stake in a bank. While LIC is a stakeholder in various banks, they are all minority holdings. As a new promoter, LIC is unlikely to add significant value to the management. Hence, while this is a better solution than a complete offer for sale by the government, it is still sub-optimal compared to a complete privatisation. … [Read more...] about Is a possible stake sale to LIC the best solution to IDBI’s problems?
De Mendarozqueta says that in May, the brand sailed into new waters by selling a collection online for the first time. “The Diver X collection is the very first collection to be sold online by Ulysse Nardin,” she says. “We are very happy with the online sales of Diver X watches and currently, two of the three limited-edition collections are in short supply. We are currently working on two boutique projects, one each in Mumbai and Delhi.” … [Read more...] about Online focus, festive season makes luxury watch players optimistic about India