“We do not foresee any quick recovery coming in these companies post COVID and hence would recommend lightening position in these stocks except 3M India, Gillette India, and Godrej Industries. These 3 stocks can be accumulated on the decline,” he said. … [Read more...] about These lucky 7 midcaps turned largecaps in the last one year; time to buy?
Millennials gen x years
“From an investors’ perspective – if we go back in the history and look at the portfolio of investors in 2008-2009 – the ones who invested money at that point in time have made a CAGR of more than 10 percent per annum,” he said. … [Read more...] about D-Street Talk podcast | This ‘once in a century’ event could create wealth if investors have 3-5 years
“We are humbled that we were able to help as this was our biggest Prime Day ever for small businesses – nearly 1 lakh SMB sellers (70 percent from small towns) received orders from across 97 percent of India’s pincodes," said Amit Agarwal, SVP and Country Manager, Amazon India. … [Read more...] about Amazon Prime membership doubles during Prime Day 2020 from last year
Behind the scenes, meanwhile, Tubi is morphing into a formidable platform that can no long be called a schlocky streamer to tune into late at night after giving up on Netflix and Hulu. When Tubi first launched, Variety‘s headline blared that its library consisted of TV shows and movies “most of which you’ve never heard of.” Six years later, while Tubi still has its share of quirky fare—Titanic 2 was recently on its most popular list, and Mel Gibson’s Apocalypto was, curiously, recommended for my viewing—the company has been doubling down on higher-quality content and more of it. Over the last year its library has doubled in size. … [Read more...] about Why Tubi is secretly the one streaming service you need right now
Employees of a top research and investment banking firm in Mumbai are an anxious lot these days. The problem? It’s owned by a big Chinese company. Oh boy! Remember, the list of casualties on account of sustained anti-China sentiment is mounting. China's Vivo wad forced to give up its title sponsorship of the IPL only last week. A few employees of this firm, which is highly respected for its research work, believe that a Chinese parent could hurt their chances of bagging lucrative investment banking deals. This is happening exactly when government divestment mandates are round the corner. What sours the mood even more is that many of their former colleagues quit the firm recently (just in time before the India-China border issue) and are now with a top tier US research firm. Hey, you win some, lose some! … [Read more...] about MC Insider: String of exits at private lender, hurting Chinese ownership, deadly COVID secrets in banking and more