What is bothering USA?The rhetoric on China is important for Trump in the run up to the November 2018 mid-term election to tout his ‘economic nationalism’ strategy. Trump’s hyperbole and bombast, designed for his domestic political base, will continue while his negotiators try to work out the China-US trade changes. It is unlikely Trump wants a China trade deal before the November polls. There’s more political traction for him in publicly bashing China on trade up to the elections. … [Read more...] about COMMENT-The US-China trade war has no winners, and markets will have to live with it
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Prashant Issar, Founder, Ishaara, Mumbai, acquiesces, “The hospitality industry is the worst hit and so any evolution will only help. New verticals in the home-delivery and take-away space will help tide over the storm for many. As an entrepreneur, I am programmed to look at any new situation as a time of extraordinary opportunities, and so I'm forever keen to see innovation and new products. In addition to entrepreneurs, the challenging environment has resulted in job losses thereby forcing people to self-employment. Hence, all the boxes of the Ansoff's matrix are being populated, as we speak. The last 8-10 months have seen it all, from essentials manufacturing and distribution; hand-made, home-made goods; innovating on existing products and the list goes on.” … [Read more...] about How new verticals in home-delivery and takeaway space are helping restaurants tide over COVID crisis
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?
A leading business daily has reported that the promoters of Mindtree are considering selling their stake in the company to Japan's NEC Corp and a large global private equity fund. We think the deal, if concluded, will be positive for minority shareholders in the long term. In the short term, the stock price could be influenced by the price at which the deal happens. … [Read more...] about Mindtree: How should investors read into the possible change in control?