Instead, Pappas said, she is focused on what TikTok’s future could look like if the app’s ownership is bifurcated. Most of all, she said, she is doubling down on putting TikTok’s community of creators and users — ranging from those who post videos of cake decorating to those who break dance — first. Pappas later added that she regularly talked to Zhang Yiming, ByteDance’s founder and Chief Executive, about all of these issues. … [Read more...] about The woman taking over TikTok at the toughest time
Q) In terms of sectors, some action was seen in the IT index and consumption. Selling pressure was seen in the banking as well as the realty spaces. What is weighing on these two sectors? Is it just profit-taking or moratorium overhang on the banking space?A) Loan restructuring will weigh on the banking space over the next one year or so in reminiscence of banks underperformance between 2012-14, weighed heavily down by NPAs (non-performing assets). … [Read more...] about With US elections getting closer, chances of profit-booking are high: Paras Bothra
Eventually, however, the pendulum of justice swung back the other way in 1965 with Johnson’s Voting Rights Act. All In nicely recaps the passage of the federal legislation that prohibited racial discrimination in voting—a series of events DuVernay depicted in the film, Selma—along with Stacey Abrams’s personal connection to it. (Her grandmother was only able to vote for the first time because of it, in 1968, and spoke with Abrams about her pride and shame around the experience.) … [Read more...] about ‘All In: The Fight for Democracy’ is the only documentary you need to see before this election
Q) In terms of sectors – what is your call on the telecom sector as well as the metal sector?A) Telecom: We maintain our bullish view on this sector and have a double Over-Weight position on Bharti Airtel for almost two years now in our model portfolio. Rising ARPUs and Balance-sheet deleveraging augurs well for Bharti and Jio both. … [Read more...] about DAILY VOICE | Healthy earnings expected for pharma sector in FY21: Gautam Duggad of Motilal Oswal
One of the oldest ventures in the car rental business, KTC India is 75-years-old and was set up in pre-independence Karachi. Owned by Delhi-based Gurudev Ahluwalia, whose father bought the business in 1943 and moved it to Delhi after independence, even the stalwarts of India’s political landscaped leased cars from KTC during the time the Constitution was being written, to travel from their homes to the Parliament. Since then, the company has rented cars out to global politicians and heads of state on a visit to India, down to the recent US President Donald Trump’s visit to India. … [Read more...] about Don’t have enough dosh to spend on a Prada gown, Gucci bag or a Rolls Royce? Just rent it!