Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × A host of news such as a spike in Covid cases across several countries, fear of further policy tightening by the Federal Reserve and a growing chance of recession battered the market in the week ended December 23. India's benchmark indices hit near two-month lows as all sectors, barring healthcare, witnessed heavy selling. The BSE Sensex crashed nearly 1,500 points during the week to 59,845, while the Nifty50 tanked 460 points to 17,807, the lowest closing level since October 28. The 50-share NSE benchmark index has formed a long bearish candle on the weekly timeframe with lower highs, lower lows for the second straight week, while on the daily charts, after a sharp gap-down opening, there was also a long bearish candle formation with lower lows, lower highs for the second straight day. … [Read more...] about Top 10 trading ideas for next 3-4 weeks as indices trade lower, headwinds linger
Top 10 bse listed companies
Adani drops off list of world’s top 10 richest people
Adani Group Gautam Adani has slipped out of the list of the world's top 10 richest people and could soon be supplanted as Asia's wealthiest person if shares in his conglomerate continue to slide. The Indian tycoon has fallen from fourth place to 11th on the Bloomberg Billionaires Index, with a personal wealth wipeout of $34 billion in just three trading days. With a current fortune of $84.4 billion, Adani now sits just one spot above rival and Reliance Industries Ltd. chairman Mukesh Ambani, whose net worth is $82.2 billion. Shares of Adani Group companies have plummeted in a three-day selloff that has erased more than $68 billion of market value, following the publication of a report by Hindenburg Research alleging “brazen stock manipulation and accounting fraud.” Adani now languishes below Mexico's Carlos Slim, Google co-founder Sergey Brin and former Microsoft CEO Steve Ballmer on the Billionaires Index. Read More … [Read more...] about Adani drops off list of world’s top 10 richest people
Pharma Companies: A Conglomerate Of Monopolies
Share to Twitter Share to Linkedin Virtual monopolies exist in almost every healthcare sector: from hospitals and health systems to medical groups and single specialties backed by private equity. With so much consolidation of power and influence, U.S. healthcare has become a conglomerate of monopolies ; the subject of this continuing series. When it comes to claiming market control, pharmaceutical companies stand apart from healthcare’s other monopolies. Whereas hospitals and health systems rely primarily on mergers and acquisitions, drug companies employ a slew of powerful tactics: from legislative protections and legal loopholes to stonewalling would-be competitors and more. But there is one thing that unites all healthcare monopolies: As their powers expand, they become complacent. And when that happens, innovation dies and Americans pay the price, both with their wallets and their health. Exorbitant vs. unfair pricing The rising … [Read more...] about Pharma Companies: A Conglomerate Of Monopolies
This Texas Bistro Boasts One Of The Best Wine Lists In The World
Share to Twitter Share to Linkedin Mary Stanley was utterly surprised when she found that The Turtle Restaurant and Enoteca had been listed among the best wine lists in the world. The bistro she owns in the small Central Texas town of Brownwood earned the World's Best Value Wine List 2022 award from World of Fine Wine, a first-time award from a newly created category. Her carefully curated list attracted the judges’ attention for its fantastic quality at a superb value, offering customers the chance to enjoy an excellent bottle for an average of $60 or less, with many coming in under $100. At any given time, the cellar holds 80 reds, 50 whites, and seasonal sparkling and rosés. “They emailed an invitation to go to the awards, but there was no way I could go,” says Stanley. “At that time, I had no extra money and was barely holding this place together. Staffing, as you know, is a nightmare everywhere, and I did not have a dress or anything I could wear … [Read more...] about This Texas Bistro Boasts One Of The Best Wine Lists In The World
Companies Must Continue To Prioritize Diversity, Equity And Inclusion, Even During Tough Economic Times
Share to Twitter Share to Linkedin CEO, Sodexo Engage . Passionate about elevating the employee experience at work and beyond through benefits, rewards and recognition. Throughout the past several years, many companies have added diversity, equity and inclusion initiatives to their corporate strategies. A 2021 survey of HR and corporate leaders in Europe commissioned by Workday found that 75% have a “dedicated” budget for DE&I, and 90% are “carrying out at least one initiative” for having data “to drive a strategic approach of continuous improvement.” While there is still a long way to go, these numbers indicate progress—and this progress mustn’t stall, or worse, reverse, in the coming months. As much as I would like to remain optimistic, I worry that many companies will put their DE&I initiatives on the back burner due to the state of the global economy. As Ali Hanan, the founder and CEO of diversity, equity and inclusion consultancy … [Read more...] about Companies Must Continue To Prioritize Diversity, Equity And Inclusion, Even During Tough Economic Times
ReadyAssist acquires two-wheeler workshop chain SpeedForce for $10 million
Auto tech startup ReadyAssist on Tuesday said it has acquired multi-brand two-wheeler workshop chain SpeedForce for USD 10 million (around Rs 82 crore) in a cash plus stock deal. Vadodara-based SpeedForce is a leading chain of two-wheeler multi-brand workshops in the country with more than 300 workshops. With this acquisition, ReadyAssist will become India's largest chain of multi-brand two-wheeler workshops, the Bengaluru-based company said in a statement. "ReadyAssist is very successful in operating a pan India roadside assistance and doorstep service to our 8,00,000 subscribed customers. This acquisition will help us extend the reach to our customers in their need for general periodic services and major repairs," ReadyAssist CEO Vimal Singh SV said. Starting with 300 workshops, the idea is to scale to over 1,000 workshops in the next one year including four-wheeler multi-brand outlets, he added. Read More … [Read more...] about ReadyAssist acquires two-wheeler workshop chain SpeedForce for $10 million
Biocon likely to sell 10% equity stake in Syngene on Feb 1 via block deal
Biocon Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Pharmaceutical company Biocon is likely to sell 10 percent equity stake or approximately 4 crore shares in Syngene International on February 1 via a block deal, sources told CNBC-TV 18 on January 31. The company is likely to raise Rs 2,240 crore at lower end via the deal. The offer price band ranges around Rs 560 to Rs 562.30 per share, CNBC-TV18 added. Shares of Syngene on January 31 closed 0.66 percent lower at Rs 563.70 apiece on BSE. Furthermore, the broker for the sale will be Spark Institutional Equities Private Limited and there will be a 90-day lock up for seller. Biocon, founded by Kiran Mazumdar-Shaw, has a market capitalisation of over Rs 30,000 crore. As per the data disclosed with the BSE, the promoter and promoter group held 60.64 percent stake as of … [Read more...] about Biocon likely to sell 10% equity stake in Syngene on Feb 1 via block deal
Why Companies Need Philosophers
Share to Twitter Share to Linkedin The titanic companies that comprise the annual Forbes Global 2000 list, ranking the 2,000 largest companies on earth in terms of sales, profit, assets and market value, are bound to have something in common. MORE FROM FORBES The Global 2000 2022 There is the explicit similarity of sums. Whether Berkshire Hathaway at No. 1 or Sun Communities which earned the bottom spot, these are all multi-billion, publicly traded corporations. There are also more implicit resemblances, such as the race and gender of the majority of people who make up the board. The educational background of board members is another connection. Predictably, MBAs, usually from top universities, as well as other finance and business related degrees. To note, this uniformity goes beyond just the boardroom. These degrees tend to be a prerequisite for anyone in a C-suite or similarly ranked position. Conversely, to those who studied the … [Read more...] about Why Companies Need Philosophers
Former Stryve Foods CEO Acquires Shark Tank Protein Chips Company Quevos
Share to Twitter Share to Linkedin Former CEO of Stryve Foods, Joe Oblas, has acquired Quevos, he recently announced , and, as a result, has become the new CEO of the egg white protein chips brand. Details of the transaction were not disclosed. A recent SEC filing showed Oblas notified Stryve Foods and the board of directors his decision to resign from the company in October 2022. Oblas noted how he first encountered Quevos and its cofounders, Nick Hamburger and Zack Schreier, at the Sweets & Snacks Expo a few years ago, and thought their egg white-based protein products are an “interesting and innovative disruption” to the chips and crackers category. Quevos was launched in 2017 after the founding duo were looking for a low-carb snack, and were inspired by the crispy leftovers of an egg white omelette. The company’s secretly kept production process and a short list of natural ingredients, including pea protein, avocado oil and chia seeds, … [Read more...] about Former Stryve Foods CEO Acquires Shark Tank Protein Chips Company Quevos
Three Fundamental Principles That Great Companies Understand
Share to Twitter Share to Linkedin By Tommy Mello, owner of A1 Garage Doors , a $100M+ home service business. Sharing what I've learned to help other entrepreneurs scale. I've been an entrepreneur since I was a 10-year-old kid. (My first business at 10 years old was a landscaping service that I ran with my buddy Elliot... Time flies.) Over the last few decades, I've founded a 400-employee company, met thousands of entrepreneurs and studied the best companies. I just love learning about what makes a company successful: what their secret sauce is. So what makes companies great? Sure, you need to have a great product or service. You need to have great marketing. All that's obviously the foundation. But that's not enough. Here are three things I noticed that great companies all seem to understand better than everybody else: 1. What gets measured gets managed. In other words, you need to know where you want to go and what you want to get … [Read more...] about Three Fundamental Principles That Great Companies Understand