Based on the report, Trump announced plans to impose $50 billion in tariffs on 1,300 general imports from China, ranging from chemicals to jet parts, industrial equipment, machinery, communication satellites, aircraft parts, medical equipment, trucks, and even helicopters, nuclear equipment, rifles, guns and artillery. China has retaliated, resulting in a full-blown trade war. … [Read more...] about COMMENT-The US-China trade war has no winners, and markets will have to live with it
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Five-star hotels who were never a part of takeaway and delivery, have also succumbed. Paul Kinny, Director of Culinary, St. Regis Mumbai, reiterates, “This has given rise to the requirement for allied partners and vendors who provide the much-needed support. We have also started implementing varied new protocols that require equipment and apps that were not required earlier. These are the need of the hour to ensure that our guests get a feeling of safety and comfort while dining at our property.” … [Read more...] about How new verticals in home-delivery and takeaway space are helping restaurants tide over COVID crisis
Consequently, the valuation at 23.5 times estimated FY19 earnings prima facie captures the near-term positive. However, a change in ownership with an international major of repute can help sustain the premium, although the near-term stock movement might get impacted by the deal valuation. … [Read more...] about Mindtree: How should investors read into the possible change in control?