tag:blogger.com,1999:blog-36694980174739084932024-03-17T01:05:45.981-07:00Abhishek SecuritiesPre IPO | Private Equity | Unlisted SharesAbhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.comBlogger652125tag:blogger.com,1999:blog-3669498017473908493.post-87572548159032328502020-12-16T21:28:00.002-08:002020-12-16T21:31:27.408-08:00Zomato, Swiggy score 1/10 on working conditions for their workers – ET Retail<p style="text-align: center;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjKq3iJiZmK66YRARPC0J78s4ACcVS4KfgK5Ph1u9XqxOefTNG-SkXo9yH6ZOMi6lEesivAvJcvT7vrzE7TdT6BQnwLMiZ6qjNpKB_2rLeA2O9bHsavKGhOYilccQZz-DQhF6O8x74VOfdn/s225/images.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="225" data-original-width="225" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjKq3iJiZmK66YRARPC0J78s4ACcVS4KfgK5Ph1u9XqxOefTNG-SkXo9yH6ZOMi6lEesivAvJcvT7vrzE7TdT6BQnwLMiZ6qjNpKB_2rLeA2O9bHsavKGhOYilccQZz-DQhF6O8x74VOfdn/s0/images.png" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><br /></div><br /><p></p><p></p><p class="MsoNormal"><span face=""Arial",sans-serif" style="background: white; color: black; font-size: 15pt;">Some of India's biggest startups have ranked near
the bottom when it comes to </span><a href="https://economictimes.indiatimes.com/topic/working-conditions" target="_blank"><b><span face=""Arial",sans-serif" style="background: white; color: black; font-size: 15pt;">working conditions</span></b></a><span face=""Arial",sans-serif" style="background: white; color: black; font-size: 15pt;"> for their gig </span><a href="https://economictimes.indiatimes.com/topic/workers" target="_blank"><b><span face=""Arial",sans-serif" style="background: white; color: black; font-size: 15pt;">workers</span></b></a><span face=""Arial",sans-serif" style="background: white; color: black; font-size: 15pt;">, according to a report released Wednesday.</span><span face=""Arial",sans-serif" style="color: black; font-size: 15pt;"><br />
<br />
<span style="background: white;">While </span></span><a href="https://economictimes.indiatimes.com/topic/Swiggy" target="_blank"><b><span face=""Arial",sans-serif" style="background: white; color: black; font-size: 15pt;">Swiggy</span></b></a><span face=""Arial",sans-serif" style="background: white; color: black; font-size: 15pt;">, </span><a href="https://economictimes.indiatimes.com/small-biz/zomato" target="_blank"><b><span face=""Arial",sans-serif" style="background: white; color: black; font-size: 15pt;">Zomato</span></b></a><span face=""Arial",sans-serif" style="background: white; color: black; font-size: 15pt;"> and Uber India scored 1/10, Urban Company
and Flipkart’s logistics arm EKart scored the highest 8/10 and 7/10,
respectively, ‘</span><a href="https://economictimes.indiatimes.com/topic/Fairwork-India-Ratings" target="_blank"><b><span face=""Arial",sans-serif" style="background: white; color: black; font-size: 15pt;">Fairwork India Ratings</span></b></a><span face=""Arial",sans-serif" style="background: white; color: black; font-size: 15pt;"> 2020: Labour Standards in the Platform Economy’ </span><a href="https://fair.work/en/ratings/india/?tabfor2020" target="_blank"><b><span face=""Arial",sans-serif" style="background: white; color: black; font-size: 15pt;">showed</span></b></a><span face=""Arial",sans-serif" style="background: white; color: black; font-size: 15pt;">. The report assessed the companies on five
principles: fair play, fair conditions, fair contracts, fair management, and
fair representation.</span><span face=""Arial",sans-serif" style="color: black; font-size: 15pt;"><br />
<br />
<span style="background: white;">Deepinder Goyal, chief executive officer of
Zomato Media Pvt. Ltd., acknowledged the ratings on Twitter. “Zomato ranked at
the bottom of 2020 Fairwork India scores. We knew we had things to work on, but
we didn’t know that there is so much room for improvement.” The company takes
full responsibility and “will leave no stone unturned to perform better in the
rankings next year,” he added.</span></span></p><p class="MsoNormal"><span face="Arial, sans-serif" style="background-color: white; font-size: 15pt;">Zomato received a 4/10 in last year's report.</span></p><p class="MsoNormal"><span face="Arial, sans-serif" style="background-color: white; font-size: 15pt;">According to Krishna Raghavan, chief people
officer at Flipkart, a score of 7/10 is a result of the various initiatives the
company has taken for its workers on the ground. And while Swiggy refused to
comment on the report, queries emailed to Amazon, Urban Company and Ola
remained unanswered as of press time.</span></p><p class="MsoNormal"><span face="Arial, sans-serif" style="background-color: white; font-size: 15pt;">To be sure, the latest Fairwork India rankings come in a
pandemic-marred year when wages fell and protests by gig workers were frequent.</span></p><p class="MsoNormal"><span face="Arial, sans-serif" style="background-color: white; font-size: 15pt;">This is the second time that Fairwork Foundation has released these rankings,
wherein 113 platform workers were interviewed. The interviews were conducted
with 6-10 participants for each of the 11 platforms, through the fieldwork
undertaken in Bangalore between November 2019 and March 2020.</span></p>
<p class="MsoNormal"><o:p> </o:p></p><p></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="font-family: lora, serif; text-align: justify;">Sandip Ginodia , CEO</span></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px; padding: 0px 0px 15px;"><b style="color: #292929; font-family: lora, serif; font-size: 16px;"><i><span style="color: #548d3f; font-family: georgia, serif; font-size: 10pt;"><a href="http://www.abhisheksecurities.com/" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;" target="_blank"><span style="color: #548d3f;">A</span></a>LTIUS INVESTECH PVT LTD</span></i></b></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">We deal in over 60 unlisted companies with 15 years of experience </span></i></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">For latest prices visit : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><a href="http://www.abhisheksecurities.com/unlisted.htm" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;"><span style="color: #a3c330;">www.abhisheksecurities.com/unlisted.htm</span></a></span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;"> / call : 09830271248 .</span></i></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;"><strong style="box-sizing: border-box; color: #292929; font-family: Lora, serif; font-size: 16px; margin: 0px; padding: 0px;"></strong></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;"></span></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span face="Arial, sans-serif" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-size: 15pt;"><o:p><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">Email : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #a3c330; cursor: pointer;"><a href="mailto:ginodiasandip1@gmail.com" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;">ginodiasandip1@gmail.com</a></span></span></i></o:p></span></p>Abhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.com0tag:blogger.com,1999:blog-3669498017473908493.post-10662217597639959762020-12-16T21:19:00.001-08:002020-12-16T21:19:12.551-08:00Reliance's JioMart is averaging half a million orders per day; WhatsApp driving growth<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgwk-QzGo9UIlAwZjsK0th_2ALbaXqmTgQG5XL0KHabs4IVswwET7d4i5B4moSJSzFtTzZhEedAFtTFvmmLbbnNmYGH052WJsMPvmSv2uIhVQx33uge1RUkzzUmszDR7Bs30JBcHRMpTwQG/s266/images.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="190" data-original-width="266" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgwk-QzGo9UIlAwZjsK0th_2ALbaXqmTgQG5XL0KHabs4IVswwET7d4i5B4moSJSzFtTzZhEedAFtTFvmmLbbnNmYGH052WJsMPvmSv2uIhVQx33uge1RUkzzUmszDR7Bs30JBcHRMpTwQG/s0/images.png" /></a></div><p> </p><p></p><p style="margin: 0cm;"><strong><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt;">JioMart</span></strong><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt;">, Reliance's
online-to-offline commerce<a href="https://yourstory.com/2020/05/jiomart-launches-locations-reliance-bigbasket-amazon-ecommerce" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0);"><span style="color: #333333;"> platform
that launched in May</span></a>, has scaled up rapidly, riding on the
pandemic-fuelled digital acceleration.</span></p><p style="margin: 0cm;"><span style="color: rgba(0, 0, 0, 0.84); font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;"><br /></span></p><p style="margin: 0cm;"><span style="color: rgba(0, 0, 0, 0.84); font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;">The service, which went</span><strong style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); color: rgba(0, 0, 0, 0.84); font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;"> </strong><span style="color: rgba(0, 0, 0, 0.84); font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;">live in 200 cities
across India, is currently processing an average of </span><strong style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); color: rgba(0, 0, 0, 0.84); font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;">500,000 orders per day. "</strong><span style="color: rgba(0, 0, 0, 0.84); font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;">We can go
even higher on peak days", </span><strong style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); color: rgba(0, 0, 0, 0.84); font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;">Jio Platforms CEO</strong><span style="color: rgba(0, 0, 0, 0.84); font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;"> </span><strong style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); color: rgba(0, 0, 0, 0.84); font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;">Kiran Thomas</strong><span style="color: rgba(0, 0, 0, 0.84); font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;"> revealed at the Facebook
for Fuel India 2020 event.</span></p><p style="margin: 0cm;"><span style="color: rgba(0, 0, 0, 0.84); font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;"><br /></span></p><p style="margin: 0cm;"><span style="color: rgba(0, 0, 0, 0.84); font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;">He said,</span><b style="color: rgba(0, 0, 0, 0.84);"><span style="color: #323232; font-family: "Arial",sans-serif; letter-spacing: .15pt;">"JioMart is empowering millions of <em style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0);">kiranas</em> and small merchants through the
simple and secure platform of WhatsApp, and linking them to Reliance Retail's
pan-India supply chain. We expect to grow manifold in future, and are
optimistic about enabling new cohorts of users and making it easier for them to
shop for daily essentials." </span></b></p><p style="margin: 0cm;"><span style="color: rgba(0, 0, 0, 0.84); font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;"><br /></span></p><p style="margin: 0cm;"><span style="color: rgba(0, 0, 0, 0.84); font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;">"Customers are transacting seamlessly on JioMart and
the </span><strong style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); color: rgba(0, 0, 0, 0.84); font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;">conversational nature of the service</strong><span style="color: rgba(0, 0, 0, 0.84); font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;"> enabled
by WhatsApp has made people adapt to it intuitively," he added.</span></p><p style="margin: 0cm;"><span style="color: rgba(0, 0, 0, 0.84); font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;"><br /></span></p><p style="margin: 0cm;"><span style="color: rgba(0, 0, 0, 0.84); font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;">Reliance also stated that it will continue to add new
features to JioMart, which it calls '</span><em style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); color: rgba(0, 0, 0, 0.84); font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;">Desh Ki Nayi Dukaan</em><span style="color: rgba(0, 0, 0, 0.84); font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;">'. The
'new commerce' platform is taking on the likes of </span><strong style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); color: rgba(0, 0, 0, 0.84); font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;">Bigbasket, Amazon Pantry</strong><span style="color: rgba(0, 0, 0, 0.84); font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;">, and others in a
fast-expanding</span><strong style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); color: rgba(0, 0, 0, 0.84); font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;"> e-grocery market</strong><span style="color: rgba(0, 0, 0, 0.84); font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;">.</span></p><p style="margin: 0cm;"><span style="font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;"><br /></span></p><p style="margin: 0cm;"><span style="font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;">Within a few months of launch, JioMart is second only to
Bigbasket in terms of SKUs and Amazon Pantry in geographical reach.</span></p><p style="margin: 0cm;"><b><span style="color: #323232; font-family: "Arial",sans-serif; letter-spacing: .15pt;"><br /></span></b></p><p style="margin: 0cm;"><b><span style="color: #323232; font-family: "Arial",sans-serif; letter-spacing: .15pt;">JioMart combines Reliance Retail's sourcing power across
staples, fresh produce, frozen foods, edible oils, and other daily essentials,
and WhatsApp's massive reach among <i>kiranas </i>and corner store<i>s </i>that
command a lion's share of India's retail pie.</span></b></p><p style="margin: 0cm;"><span style="font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;"><br /></span></p><p style="margin: 0cm;"><span style="font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;">The platform had launched with a </span><b style="font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;">selection of
50,000 products</b><span style="font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;"> available at "five percent below MRP", with
free deliveries and no minimum cart value. JioMart is now </span><b style="font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;">adding
non-essential categories</b><span style="font-family: Arial, sans-serif; font-size: 13.5pt; letter-spacing: 0.15pt;"> like electronics and consumer durables.</span><span style="font-family: Arial, sans-serif; letter-spacing: 0.15pt;">Reliance's retail ambitions got a significant boost earlier this year
with </span><a href="https://yourstory.com/2020/04/facebook-invests-reliance-jio-largest-minority-shareholder" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); font-family: Arial, sans-serif; letter-spacing: 0.15pt;"><span style="color: #333333;">Facebook's
$5.7 billion investment in Jio Platforms</span></a><span style="font-family: Arial, sans-serif; letter-spacing: 0.15pt;">. The latter owns nearly 10
percent of Jio now.</span></p><p class="MsoNormal"><span style="font-family: Arial, sans-serif; font-size: 1.12rem; letter-spacing: 0.15pt;">In a fireside chat with </span><strong style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); font-family: Arial, sans-serif; font-size: 1.12rem; letter-spacing: 0.15pt;">Mark Zuckerberg</strong><span style="font-family: Arial, sans-serif; font-size: 1.12rem; letter-spacing: 0.15pt;"> at
Facebook Fuel for India 2020, RIL Chairman and MD </span><strong style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); font-family: Arial, sans-serif; font-size: 1.12rem; letter-spacing: 0.15pt;">Mukesh Ambani</strong><span style="font-family: Arial, sans-serif; font-size: 1.12rem; letter-spacing: 0.15pt;"> stated that
"JioMart aspires to serve tens of millions of small shopkeepers in India,
who are the bedrock of employment".</span></p><p class="MsoNormal"><span style="font-family: Arial, sans-serif; font-size: 1.12rem; letter-spacing: 0.15pt;">"Jio brings digital
connectivity, WhatsApp now with WhatsApp Pay brings
digital interactivity, and the </span><strong style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); font-family: Arial, sans-serif; font-size: 1.12rem; letter-spacing: 0.15pt;">ability to close transactions and create
value</strong><span style="font-family: Arial, sans-serif; font-size: 1.12rem; letter-spacing: 0.15pt;">, and JioMart brings the </span><strong style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); font-family: Arial, sans-serif; font-size: 1.12rem; letter-spacing: 0.15pt;">unmatched online and offline retail</strong><span style="font-family: Arial, sans-serif; font-size: 1.12rem; letter-spacing: 0.15pt;"> </span><strong style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); font-family: Arial, sans-serif; font-size: 1.12rem; letter-spacing: 0.15pt;">opportunity </strong><span style="font-family: Arial, sans-serif; font-size: 1.12rem; letter-spacing: 0.15pt;">that gives small merchants
in villages and small towns a chance to digitise and be at par with anybody
else in the world," Ambani added.</span></p><p class="MsoNormal"><span style="font-family: Arial, sans-serif; font-size: 1.12rem; letter-spacing: 0.15pt;"><br /></span></p>
<p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="font-family: lora, serif; text-align: justify;">Sandip Ginodia , CEO</span></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><b style="color: #292929; font-family: lora, serif; font-size: 16px;"><i><span style="color: #548d3f; font-family: georgia, serif; font-size: 10pt;"><a href="http://www.abhisheksecurities.com/" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;" target="_blank"><span style="color: #548d3f;">A</span></a>LTIUS INVESTECH PVT LTD</span></i></b></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">We deal in over 60 unlisted companies with 15 years of experience </span></i></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">For latest prices visit : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><a href="http://www.abhisheksecurities.com/unlisted.htm" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;"><span style="color: #a3c330;">www.abhisheksecurities.com/unlisted.htm</span></a></span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;"> / call : 09830271248 .</span></i></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;"><strong style="box-sizing: border-box; color: #292929; font-family: Lora, serif; font-size: 16px; margin: 0px; padding: 0px;"></strong></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;"></span></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-family: Arial, sans-serif; font-size: 15pt;"><o:p><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">Email : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #a3c330; cursor: pointer;"><a href="mailto:ginodiasandip1@gmail.com" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;">ginodiasandip1@gmail.com</a></span></span></i></o:p></span></p><p></p>Abhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.com0tag:blogger.com,1999:blog-3669498017473908493.post-13134125390049174212020-12-16T01:03:00.002-08:002020-12-16T01:03:18.893-08:00Times Internet posts 24% revenue jump to Rs 1,625 Cr in FY20<p style="text-align: center;"> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiyKkAewqdJDgkflRfoAn2WkjVxBdMbuBgvpiPcZ6bbEzRATk_y3dqlq3rBN9ps680CP4NBKOopWChORbmJpPDX7N2yGpTiIGhzhh2DKetZoRZGwf0SQUc8KEBT1QYfrb7WTH-7OmlUJYVj/s272/download.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="159" data-original-width="272" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiyKkAewqdJDgkflRfoAn2WkjVxBdMbuBgvpiPcZ6bbEzRATk_y3dqlq3rBN9ps680CP4NBKOopWChORbmJpPDX7N2yGpTiIGhzhh2DKetZoRZGwf0SQUc8KEBT1QYfrb7WTH-7OmlUJYVj/s0/download.png" /></a></div><br /><p></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">Times Internet has posted a 24% jump in its annual revenue in the financial year ending March, recording Rs 1,625 crore in revenue in FY20.</span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">In its annual report, the company </span><span style="box-sizing: border-box;">said the revenue growth has been adjusted for seasonality of cricket events. In FY19, it had posted revenues of $196 million.</span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">The company has registered a surge across its revenue streams i.e. advertising revenue, subscribers, transaction revenue and gross merchandise value (GMV) in the last fiscal year. While advertising revenue grew 22% with faster growth in music and video, overall subscribers to Times Prime grew 62%. </span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">Times Internet’s annualized GMV in transacting businesses grew 68% with a 75% jump in net revenues, said the company in its annual report. Its subscription and transactional businesses include Times Prime, Gaana Plus, TOI+, ET Prime, and Gourmet Passport. </span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">Times Prime also crossed 2 million subscribers last year.</span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">“We broadened our media strategy beyond news, and we focused on building businesses with a strong direct-to-consumer connect, as well as transactional and subscription revenue streams. We’ve made significant progress on these fronts, and today, our revenue mix is well-diversified, and our subscription and transaction revenue streams are growing faster than advertising,” said Satyan Gajwani, Vice Chairman, Times Internet.</span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">According to the report, Gaana and MX Player were the fastest growing with over 75% user growth. MX Player, which was acquired by Times Internet in June 2018, now engages over 200 million monthly users and over 30% of consumption comes from MX Originals. The music and podcast streaming app Gaana had crossed 185 Mn monthly users, driven by regional language growth and podcast consumption. </span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">Last week, Gaana had <a href="https://entrackr.com/2020/09/times-internets-gaana-raises-50-mn-round-led-by-tencent/" rel="noopener noreferrer" style="background: transparent; box-shadow: none; box-sizing: border-box; color: rgb(198, 0, 0) !important; cursor: pointer; text-decoration-line: none;" target="_blank">raised $50 million</a> in a fresh round led by existing investor Tencent along with participation from Times Internet.</span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">The consumption of its various products also elevated its monthly active and daily active users to the next level. Times Internet saw a growth of 23% to 557 million MAUs and 5% jump in DAU to 111 million in FY20. During the period, the company’s page views grew by 44% to 67 billion.</span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">Soon after the ban on TikTok was imposed by the Indian government in June, MX Player and Gaana had launched their short-form video platforms <a href="https://entrackr.com/2020/07/mx-player-launches-short-video-app-mx-takatak/" rel="noopener noreferrer" style="background: transparent; box-shadow: none; box-sizing: border-box; color: rgb(198, 0, 0) !important; cursor: pointer; text-decoration-line: none;" target="_blank">MX TakaTak</a> and <a href="https://entrackr.com/2020/07/gaana-swoops-in-to-replace-tiktok-with-hotshots/" rel="noopener noreferrer" style="background: transparent; box-shadow: none; box-sizing: border-box; color: rgb(198, 0, 0) !important; cursor: pointer; text-decoration-line: none;" target="_blank">HotShots</a>. According to the company, both record 800 million daily video views in less than 2 months. Moreover, Gaana and MX Player have increased the company’s reach to 400 million users every month, spending over 115 billion minutes, across music and long-form video.</span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">The company further aims to expand its offerings in gaming and short-form video in the year ahead. “Our aspiration is to reach 1 billion Indians and become a $1 billion revenue company by 2025,” added Gajwani.</span></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="font-family: lora, serif; text-align: justify;">Sandip Ginodia , CEO</span></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><b style="color: #292929; font-family: lora, serif; font-size: 16px;"><i><span style="color: #548d3f; font-family: georgia, serif; font-size: 10pt;"><a href="http://www.abhisheksecurities.com/" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;" target="_blank"><span style="color: #548d3f;">A</span></a>LTIUS INVESTECH PVT LTD</span></i></b></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">We deal in over 60 unlisted companies with 15 years of experience </span></i></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">For latest prices visit : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><a href="http://www.abhisheksecurities.com/unlisted.htm" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;"><span style="color: #a3c330;">www.abhisheksecurities.com/unlisted.htm</span></a></span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;"> / call : 09830271248 .</span></i></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;"><strong style="box-sizing: border-box; color: #292929; font-family: Lora, serif; font-size: 16px; margin: 0px; padding: 0px;"></strong></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;"></span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;"></span></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-family: Arial, sans-serif; font-size: 15pt;"><o:p><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">Email : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #a3c330; cursor: pointer;"><a href="mailto:ginodiasandip1@gmail.com" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;">ginodiasandip1@gmail.com</a></span></span></i></o:p></span></p>Abhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.com0tag:blogger.com,1999:blog-3669498017473908493.post-5860936608817147092020-12-16T00:52:00.002-08:002020-12-16T00:52:55.628-08:00Times Internet posts 24% revenue jump to Rs 1,625 Cr in FY20<p style="text-align: center;"> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiBcZZq0__L_djjTnmemEFUXPtYRY4W3e-Z7ialqbW3UBrtCnm9UmWW5f8d_VbcFJzh30Shd26pUqgRfeuaFY2muEa8ldk4_CSI1ipMqdWTWSES83AVKZaSFs9JNyHr40Luyp3FDm5GIkMH/s275/download.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="174" data-original-width="275" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiBcZZq0__L_djjTnmemEFUXPtYRY4W3e-Z7ialqbW3UBrtCnm9UmWW5f8d_VbcFJzh30Shd26pUqgRfeuaFY2muEa8ldk4_CSI1ipMqdWTWSES83AVKZaSFs9JNyHr40Luyp3FDm5GIkMH/s0/download.png" /></a></div><br /><p></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">Times Internet has posted a 24% jump in its annual revenue in the financial year ending March, recording Rs 1,625 crore in revenue in FY20.</span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">In its annual report, the company </span><span style="box-sizing: border-box;">said the revenue growth has been adjusted for seasonality of cricket events. In FY19, it had posted revenues of $196 million.</span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">The company has registered a surge across its revenue streams i.e. advertising revenue, subscribers, transaction revenue and gross merchandise value (GMV) in the last fiscal year. While advertising revenue grew 22% with faster growth in music and video, overall subscribers to Times Prime grew 62%. </span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">Times Internet’s annualized GMV in transacting businesses grew 68% with a 75% jump in net revenues, said the company in its annual report. Its subscription and transactional businesses include Times Prime, Gaana Plus, TOI+, ET Prime, and Gourmet Passport. </span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">Times Prime also crossed 2 million subscribers last year.</span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">“We broadened our media strategy beyond news, and we focused on building businesses with a strong direct-to-consumer connect, as well as transactional and subscription revenue streams. We’ve made significant progress on these fronts, and today, our revenue mix is well-diversified, and our subscription and transaction revenue streams are growing faster than advertising,” said Satyan Gajwani, Vice Chairman, Times Internet.</span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">According to the report, Gaana and MX Player were the fastest growing with over 75% user growth. MX Player, which was acquired by Times Internet in June 2018, now engages over 200 million monthly users and over 30% of consumption comes from MX Originals. The music and podcast streaming app Gaana had crossed 185 Mn monthly users, driven by regional language growth and podcast consumption. </span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">Last week, Gaana had <a href="https://entrackr.com/2020/09/times-internets-gaana-raises-50-mn-round-led-by-tencent/" rel="noopener noreferrer" style="background-color: transparent; box-shadow: none; box-sizing: border-box; color: rgb(198, 0, 0) !important; text-decoration-line: none;" target="_blank">raised $50 million</a> in a fresh round led by existing investor Tencent along with participation from Times Internet.</span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">The consumption of its various products also elevated its monthly active and daily active users to the next level. Times Internet saw a growth of 23% to 557 million MAUs and 5% jump in DAU to 111 million in FY20. During the period, the company’s page views grew by 44% to 67 billion.</span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">Soon after the ban on TikTok was imposed by the Indian government in June, MX Player and Gaana had launched their short-form video platforms <a href="https://entrackr.com/2020/07/mx-player-launches-short-video-app-mx-takatak/" rel="noopener noreferrer" style="background-color: transparent; box-shadow: none; box-sizing: border-box; color: rgb(198, 0, 0) !important; text-decoration-line: none;" target="_blank">MX TakaTak</a> and <a href="https://entrackr.com/2020/07/gaana-swoops-in-to-replace-tiktok-with-hotshots/" rel="noopener noreferrer" style="background-color: transparent; box-shadow: none; box-sizing: border-box; color: rgb(198, 0, 0) !important; text-decoration-line: none;" target="_blank">HotShots</a>. According to the company, both record 800 million daily video views in less than 2 months. Moreover, Gaana and MX Player have increased the company’s reach to 400 million users every month, spending over 115 billion minutes, across music and long-form video.</span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">The company further aims to expand its offerings in gaming and short-form video in the year ahead. “Our aspiration is to reach 1 billion Indians and become a $1 billion revenue company by 2025,” added Gajwani.</span></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="font-family: lora, serif; text-align: justify;">Sandip Ginodia , CEO</span></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><b style="color: #292929; font-family: lora, serif; font-size: 16px;"><i><span style="color: #548d3f; font-family: georgia, serif; font-size: 10pt;"><a href="http://www.abhisheksecurities.com/" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;" target="_blank"><span style="color: #548d3f;">A</span></a>LTIUS INVESTECH PVT LTD</span></i></b></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">We deal in over 60 unlisted companies with 15 years of experience </span></i></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">For latest prices visit : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><a href="http://www.abhisheksecurities.com/unlisted.htm" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;"><span style="color: #a3c330;">www.abhisheksecurities.com/unlisted.htm</span></a></span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;"> / call : 09830271248 .</span></i></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;"><strong style="box-sizing: border-box; color: #292929; font-family: Lora, serif; font-size: 16px; margin: 0px; padding: 0px;"></strong></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;"></span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;"></span></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-family: Arial, sans-serif; font-size: 15pt;"><o:p><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">Email : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #a3c330; cursor: pointer;"><a href="mailto:ginodiasandip1@gmail.com" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;">ginodiasandip1@gmail.com</a></span></span></i></o:p></span></p>Abhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.com0tag:blogger.com,1999:blog-3669498017473908493.post-30756362239191014552020-12-15T22:06:00.001-08:002020-12-15T22:06:41.064-08:00FEL plans to prepay NCDs from proceeds of Rs 24,713 cr deal with Reliance<p style="text-align: center;"> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgcj_ItF3L3oh0uqrxIiufVQVR13FvZr5B4M4-8mPaRcJG2e1yBceqc7Pfco2s3dO61SN1ITkM0ffNANILA5uCWJr_4yQT8bUhWPKNIq2M2X1oJooCnVUyR1WFCf79lBRI5KmQX5gmhWL8U/s266/images.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="190" data-original-width="266" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgcj_ItF3L3oh0uqrxIiufVQVR13FvZr5B4M4-8mPaRcJG2e1yBceqc7Pfco2s3dO61SN1ITkM0ffNANILA5uCWJr_4yQT8bUhWPKNIq2M2X1oJooCnVUyR1WFCf79lBRI5KmQX5gmhWL8U/s0/images.png" /></a></div><br /><p></p><p></p><p class="MsoNormal"><span style="mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;"><a href="https://economictimes.indiatimes.com/future-enterprises-ltd/stocks/companyid-11339.cms" target="_blank"><b><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%;">Future Enterprises Ltd</span></b></a></span><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;"> </span><span style="mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;"><a href="https://economictimes.indiatimes.com/future-enterprises-ltd/stocks/companyid-11339.cms" target="_blank"><span style="background: #F2FFFB; border: solid #009060 1.0pt; color: blue; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%; mso-border-alt: solid #009060 .75pt; padding: 0cm;">NSE 1.75 %</span></a></span><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;"> (FEL) is
planning to prepay the </span><span style="mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;"><a href="https://economictimes.indiatimes.com/topic/debentures" target="_blank"><b><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%;">debentures</span></b></a></span><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;"> issued by the
company from the money to be received after selling its retail and other
businesses to </span><span style="mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;"><a href="https://economictimes.indiatimes.com/reliance-industries-ltd/stocks/companyid-13215.cms" target="_blank"><b><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%;">Reliance Industries</span></b></a></span><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;"> </span><span style="mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;"><a href="https://economictimes.indiatimes.com/reliance-industries-ltd/stocks/companyid-13215.cms" target="_blank"><span style="background: #F2FFFB; border: solid #009060 1.0pt; color: blue; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%; mso-border-alt: solid #009060 .75pt; padding: 0cm;">NSE 0.07 %</span></a></span><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;">' step down firm </span><span style="mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;"><a href="https://economictimes.indiatimes.com/topic/Reliance-Retail-Ventures" target="_blank"><b><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%;">Reliance Retail Ventures</span></b></a></span><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;">.</span><span style="color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;"><br />
<br />
<span style="background: white;">The company has proposed to utilise the
consideration received from the Rs 24,713 crore deal for pre-payment of the
Non-Convertible Debentures (NCDs), FEL said in a regulatory filing.</span><br />
<br />
<span style="background: white;">FEL is convening a meeting of its
debenture-holders of Series XV on January 7 next year to consider and approve
prepayment of debentures and amendment of </span></span><span style="mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;"><a href="https://economictimes.indiatimes.com/topic/the-Debenture-Trust-Deed" target="_blank"><b><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%;">the Debenture Trust Deed</span></b></a></span><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;">.</span><span style="color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;"><br />
<br />
<span style="background: white;">“As part of the overall reorganisation proposal,
the company proposes to utilise the consideration to be received from </span></span><span style="mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;"><a href="https://economictimes.indiatimes.com/topic/Reliance" target="_blank"><b><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%;">Reliance</span></b></a></span><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;"> entities from
slump sale of the business undertakings, to prepay the various NCDs the company
has issued and one of the NCDs proposed to be prepaid is NCD-XV, viz the
debentures held by debenture holders of this meeting,” FEL said in a notice for
convening of the meeting.</span><span style="color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;"><br />
<br />
<span style="background: white;">FEL has raised funds by issuing various debt
instruments including NCDs by way of private placement, from time to time for
its expansion.</span><br />
<br />
<span style="background: white;">However, the Future group firm has reported
several defaults on </span></span><span style="mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;"><a href="https://economictimes.indiatimes.com/topic/interest-payment" target="_blank"><b><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%;">interest payment</span></b></a></span><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;"> of NCDs after
the pandemic.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;">According
to FEL, coronavirus had a significant impact on businesses and particularly,
lockdown, closure of stores and the slowdown in economic activity resulted in
significant decrease in its revenues and profitability.</span><span style="color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;"><br />
<br />
<span style="background: white;">“To put it simply, our liquidity position has
been affected for reasons beyond our control and despite our sincere efforts,
we are currently facing extreme difficulty in generating the cash required to
service our external debt obligations,” it said.</span><br />
<br />
<span style="background: white;">As per the terms of the offer for its NCD-XV,
FEL was expected to pay to the debenture-holders, the amount of interest and
principal on respective due dates. However, COVID-19 severely impacted cash
flows and it utilised Rs 5.13 crore from Debt Service Reserve Account (DSRA)
created for NCD-XV for paying interest, FEL said.</span><br />
<br />
<span style="background: white;">It has also requested the holders to consider
relaxation in the clauses of </span></span><span style="mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;"><a href="https://economictimes.indiatimes.com/topic/Debenture-Trust-Deeds" target="_blank"><b><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%;">Debenture Trust Deeds</span></b></a></span><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;">, which mandates that
if the company utilises DSRA, it should replenish the same within a period of
seven days.</span><span style="color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;"><br />
<br />
<span style="background: white;">“However, the reason of the company utilising
the DSRA is due to it not having ready cashflows available and it would be
difficult for the company to ensure the same at least for another six months,
till the time the transaction is consummated," the company said.</span><br />
<br />
<span style="background: white;">Accordingly, </span></span><span style="mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;"><a href="https://economictimes.indiatimes.com/topic/Future-Enterprises" target="_blank"><b><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%;">Future Enterprises</span></b></a></span><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;"> Ltd has also
proposed to modify the clause and remove the replenishment condition to ensure
that there is neither any default or cross-default which gets triggered due to
non-replenishment of DSRA.</span><span style="color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;"><br />
<br />
<span style="background: white;">On August 29, 2020, Future had announced the
sale of its retail and wholesale business and logistics and warehousing
business by merging 5 listed entities of the Group and 14 subsidiary and
step-down subsidiaries companies into FEL.</span><br />
<br />
<span style="background: white;">As per the deal, Reliance Retail Ventures would
acquire the popular Future brand stores such as Big Bazaar, fbb, Foodhall,
Easyday, Nilgiris, Central and Brand Factory.</span></span><o:p></o:p></p><p class="MsoNormal"><span style="color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; line-height: 107%; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN; mso-fareast-theme-font: minor-fareast;"><span style="background: white;"><br /></span></span></p><p></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="font-family: lora, serif; text-align: justify;">Sandip Ginodia , CEO</span></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><b style="color: #292929; font-family: lora, serif; font-size: 16px;"><i><span style="color: #548d3f; font-family: georgia, serif; font-size: 10pt;"><a href="http://www.abhisheksecurities.com/" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;" target="_blank"><span style="color: #548d3f;">A</span></a>LTIUS INVESTECH PVT LTD</span></i></b></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">We deal in over 60 unlisted companies with 15 years of experience </span></i></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">For latest prices visit : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><a href="http://www.abhisheksecurities.com/unlisted.htm" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;"><span style="color: #a3c330;">www.abhisheksecurities.com/unlisted.htm</span></a></span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;"> / call : 09830271248 .</span></i></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;"><strong style="box-sizing: border-box; color: #292929; font-family: Lora, serif; font-size: 16px; margin: 0px; padding: 0px;"></strong></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;"></span></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-family: Arial, sans-serif; font-size: 15pt;"><o:p><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">Email : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #a3c330; cursor: pointer;"><a href="mailto:ginodiasandip1@gmail.com" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;">ginodiasandip1@gmail.com</a></span></span></i></o:p></span></p>Abhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.com0tag:blogger.com,1999:blog-3669498017473908493.post-57546159895327731432020-12-15T21:58:00.001-08:002020-12-15T21:58:38.840-08:00Steadview Capital invests in Delhivery ahead of proposed IPO<p style="text-align: center;"> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhTPfYjFmnoVlcvFF-nG6sk7dCwVLVCVBb0Jx0u_iMWRwC1fEBPNtBBC429MaZz0M6HHkCA22gAzfuzuOJXe0UGhB2OmsweUDm45Z4uToM3teaSCVt_JB0LM3x46I6wQ7jAQQN8aQUgB6mQ/s225/download.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="225" data-original-width="225" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhTPfYjFmnoVlcvFF-nG6sk7dCwVLVCVBb0Jx0u_iMWRwC1fEBPNtBBC429MaZz0M6HHkCA22gAzfuzuOJXe0UGhB2OmsweUDm45Z4uToM3teaSCVt_JB0LM3x46I6wQ7jAQQN8aQUgB6mQ/s0/download.png" /></a></div><br /><p></p><p><span style="background-color: white; color: #222222; font-family: Roboto, Georgia, Times, serif; font-size: 17px;">Indian logistics unicorn Delhivery has raised investment from Steadview Capital. The global investment firm has picked up $25 million worth shares in Delhivery through a secondary transaction.</span></p><p><span style="color: #222222; font-family: Roboto, Georgia, Times, serif;"><span style="font-size: 17px;"><br /></span></span><br style="background-color: white; color: white; content: "."; display: block; font-family: Roboto, Georgia, Times, serif; font-size: 17px; line-height: 34px; text-indent: -100000px;" /><br style="background-color: white; color: white; content: "."; display: block; font-family: Roboto, Georgia, Times, serif; font-size: 17px; line-height: 34px; text-indent: -100000px;" /><span style="background-color: white; color: #222222; font-family: Roboto, Georgia, Times, serif; font-size: 17px;">With the investment, the co-founder of the logistics unicorn hinted that the startup would head towards an IPO soon. “Steadview is a long-term investor and we see them playing a key role as Delhivery heads towards the public markets in the next 12-15 months,” said Sahil Barua, founder and CEO of Delhivery.</span></p><p><span style="color: #222222; font-family: Roboto, Georgia, Times, serif;"><span style="font-size: 17px;"><br /></span></span><br style="background-color: white; color: white; content: "."; display: block; font-family: Roboto, Georgia, Times, serif; font-size: 17px; line-height: 34px; text-indent: -100000px;" /><br style="background-color: white; color: white; content: "."; display: block; font-family: Roboto, Georgia, Times, serif; font-size: 17px; line-height: 34px; text-indent: -100000px;" /><span style="background-color: white; color: #222222; font-family: Roboto, Georgia, Times, serif; font-size: 17px;">Steadview Capital has also invested in other Indian unicorn startups such as Dream11, Nykaa, Ola, Unacademy, Policybazaar, Zomato, Lenskart among others.</span></p><p><span style="background-color: white; color: #222222; font-family: Roboto, Georgia, Times, serif; font-size: 17px;">“We are excited to partner with the excellent management team of Delhivery. The company’s tech-centric approach has been a key enabler in ensuring faster delivery speeds, decreasing logistics costs, and increasing e-commerce adoption in the country over the last decade. We believe Delhivery is well-positioned to become the largest logistics company in India and is poised for a strong growth trajectory in the years to come,” said Ravi Mehta, Founder & CIO of Steadview Capital.</span></p><p><span style="color: #222222; font-family: Roboto, Georgia, Times, serif;"><span style="font-size: 17px;"><br /></span></span><br style="background-color: white; color: white; content: "."; display: block; font-family: Roboto, Georgia, Times, serif; font-size: 17px; line-height: 34px; text-indent: -100000px;" /><br style="background-color: white; color: white; content: "."; display: block; font-family: Roboto, Georgia, Times, serif; font-size: 17px; line-height: 34px; text-indent: -100000px;" /><span style="background-color: white; color: #222222; font-family: Roboto, Georgia, Times, serif; font-size: 17px;">The logistics startup had turned unicorn in 2019 after raising $395 million from SoftBank. The deal valued the company at $1.6 billion. Delhivery also has Tiger Global, Nexus Venture Partners, Chinese conglomerate Fosun International, US-based private equity firm Carlyle Group and Times Internet as its investors.</span></p><p><span style="color: #222222; font-family: Roboto, Georgia, Times, serif;"><span style="font-size: 17px;"><br /></span></span><br style="background-color: white; color: white; content: "."; display: block; font-family: Roboto, Georgia, Times, serif; font-size: 17px; line-height: 34px; text-indent: -100000px;" /><br style="background-color: white; color: white; content: "."; display: block; font-family: Roboto, Georgia, Times, serif; font-size: 17px; line-height: 34px; text-indent: -100000px;" /><span style="background-color: white; color: #222222; font-family: Roboto, Georgia, Times, serif; font-size: 17px;">Founded in 2011 by Sahil Barua, Mohit Tandon, Suraj Saharan, Kapil Bharti and Bhavesh Manglani, the startup had managed to create a stronghold in India with its own fleet of vehicles and partnership with leading e-commerce unicorns like Flipkart and Paytm among others.</span></p><p><span style="background-color: white; color: #222222; font-family: Roboto, Georgia, Times, serif; font-size: 17px;">In a recent </span><a aria-label="Related Story link" href="https://www.financialexpress.com/industry/sme/softbank-backed-delhivery-to-invest-up-to-rs-300-crore-for-expansion-to-meet-demand/2062937/" rel="nofollow" style="background-color: white; color: #1f6e8c; cursor: pointer; display: inline; font-family: Roboto, Georgia, Times, serif; font-size: 16px; line-height: 22px; padding-bottom: 2px; text-decoration-line: none;">interview</a><span style="background-color: white; color: #222222; font-family: Roboto, Georgia, Times, serif; font-size: 17px;">, Barua had said that the company processes over 1.5 million orders per day and had closed last year with a revenue of ₹2,800 crore.</span></p><p><span style="background-color: white; color: #222222; font-family: Roboto, Georgia, Times, serif; font-size: 17px;"><br /></span></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="font-family: lora, serif; text-align: justify;">Sandip Ginodia , CEO</span></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><b style="color: #292929; font-family: lora, serif; font-size: 16px;"><i><span style="color: #548d3f; font-family: georgia, serif; font-size: 10pt;"><a href="http://www.abhisheksecurities.com/" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;" target="_blank"><span style="color: #548d3f;">A</span></a>LTIUS INVESTECH PVT LTD</span></i></b></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">We deal in over 60 unlisted companies with 15 years of experience </span></i></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">For latest prices visit : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><a href="http://www.abhisheksecurities.com/unlisted.htm" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;"><span style="color: #a3c330;">www.abhisheksecurities.com/unlisted.htm</span></a></span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;"> / call : 09830271248 .</span></i></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;"><strong style="box-sizing: border-box; color: #292929; font-family: Lora, serif; font-size: 16px; margin: 0px; padding: 0px;"></strong></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;"></span></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-family: Arial, sans-serif; font-size: 15pt;"><o:p><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">Email : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #a3c330; cursor: pointer;"><a href="mailto:ginodiasandip1@gmail.com" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;">ginodiasandip1@gmail.com</a></span></span></i></o:p></span></p><p><br style="background-color: white; color: white; content: "."; display: block; font-family: Roboto, Georgia, Times, serif; font-size: 17px; line-height: 34px; text-indent: -100000px;" /></p>Abhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.com0tag:blogger.com,1999:blog-3669498017473908493.post-90342593019938241612020-12-15T21:42:00.001-08:002020-12-15T21:42:42.877-08:00Studds Thunder D6 Decor Full-Face Helmet Launched in India at Rs 1,795<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgLS9Eyypu6HdgF_zwlrKhXoM2CKjnFJjwEpZaIvgVYSZpvlLKKHSzI_z5tXEQVyof80LTH3_7Sdbhy5PXHb9SAfUCKtN8MizWPKciHvkMmlR9w2Mh16XBXrSKarVFHFvj8jTG8nsz2A9Bz/s236/download.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="214" data-original-width="236" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgLS9Eyypu6HdgF_zwlrKhXoM2CKjnFJjwEpZaIvgVYSZpvlLKKHSzI_z5tXEQVyof80LTH3_7Sdbhy5PXHb9SAfUCKtN8MizWPKciHvkMmlR9w2Mh16XBXrSKarVFHFvj8jTG8nsz2A9Bz/s0/download.jpg" /></a></div><br /><p style="text-align: center;"><br /></p><h2 class="sub-heading" style="background-color: white; color: #333333; font-family: Arial, sans-serif; font-size: 16px; font-weight: normal; line-height: 1.5; margin: 0px 0px 1rem;">The Studds Thunder D series is a popular offering from Studds. And the D6 decor is no different. It packs a flurry of impressive bits and features.</h2><p style="background: white; margin-bottom: 15.0pt; margin-left: 0cm; margin-right: 0cm; margin-top: 0cm;"><span style="color: #333333; font-family: "Arial",sans-serif;">When
it comes to homegrown helmet manufacturers, Studds is a renowned name and has
been in the game for quite some time now. It has now unveiled its new Thunder
D6 Decor helmet, which according to their press statement is their
reaffirmation to their commitment to rider safety and comfort. The Thunder D
series is a popular offering from Studds. And the D6 decor is no different. It
packs a flurry of impressive bits and features.<o:p></o:p></span></p>
<h3 style="background: white; margin-top: 0cm;"><span style="color: #333333; font-family: "Arial",sans-serif;">More
details<o:p></o:p></span></h3>
<p style="background: white; margin: 0cm 0cm 15pt; overflow: hidden;"><span style="color: #333333; font-family: "Arial",sans-serif;">Thunder D6 is available in 8 colour options with a Matte black
base – Orange, Yellow, Red and Blue and a black base – Orange, Yellow, Red and
Blue to opt from. It is available in 3 different basic sizes – Medium ( 570mm
), Large ( 580mm ) and Extra Large ( 600mm ) to make it suitable to all kinds
of riders.</span></p><p style="background: white; margin: 0cm 0cm 15pt; overflow: hidden;"><span style="color: #333333; font-family: Arial, sans-serif; font-size: 12pt; text-align: center;">Talking about the
impressive bits, the Thunder D6 is an aerodynamically designed full-face helmet
with a mirror visor. It packs features like Higher impact outer shell, a UV
resistant paint, regulated density EPS ( extended polystyrene ), dynamic
ventilation system with top vents and hot air exhaust at the back,
hypoallergenic liner, quick release visor and a chin strap.</span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 15.0pt;"><span style="color: #333333; font-family: "Arial",sans-serif; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">The quick-release
visor enables convenient visor change for the rider when required while the
dynamic ventilation system helps in even airflow through and dissipates the
heat. The aerodynamic design reduces drag at higher velocities, and allow for a
better, less draggy riding experience.<o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 15.0pt;"><span style="color: #333333; font-family: "Arial",sans-serif; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">The soft inner
padding with a very premium quality fabric allows for enhanced comfort and the
hypoallergenic liner keeps those allergies & infections at bay that might
arise due to extended riding period and constant contact with damp on a typical
Indian rainy/hot day. The UV resistant paint job keeps intact the long-lasting
rich finish of the paint and protects from the harmful UV radiations, a very
impressive feature indeed, especially in a Summer like ours.</span></p><p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 15.0pt;"><span style="color: #333333; font-family: "Times New Roman", serif; font-size: 12pt;">Studds commands a serious reputation in not just India, but around the
globe, across markets and more so amongst the lovers of motorcycles. The
Thunder D6 Decor is priced at INR 1795. With an aggressive price offering, the
quality, reliability and reputation of Studds and the abundance of impressive
features it packs in, Studds seemingly got themselves another shot in their
already powerful armour.</span><span style="color: #333333; font-family: Arial, sans-serif; font-size: 16px;"> </span></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="font-family: lora, serif; text-align: justify;">Sandip Ginodia , CEO</span></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><b style="color: #292929; font-family: lora, serif; font-size: 16px;"><i><span style="color: #548d3f; font-family: georgia, serif; font-size: 10pt;"><a href="http://www.abhisheksecurities.com/" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;" target="_blank"><span style="color: #548d3f;">A</span></a>LTIUS INVESTECH PVT LTD</span></i></b></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">We deal in over 60 unlisted companies with 15 years of experience </span></i></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">For latest prices visit : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><a href="http://www.abhisheksecurities.com/unlisted.htm" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;"><span style="color: #a3c330;">www.abhisheksecurities.com/unlisted.htm</span></a></span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;"> / call : 09830271248 .</span></i></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;"><strong style="box-sizing: border-box; color: #292929; font-family: Lora, serif; font-size: 16px; margin: 0px; padding: 0px;"></strong></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;"></span></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-family: Arial, sans-serif; font-size: 15pt;"><o:p><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">Email : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #a3c330; cursor: pointer;"><a href="mailto:ginodiasandip1@gmail.com" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;">ginodiasandip1@gmail.com</a></span></span></i></o:p></span></p><a class="gn_follow_btn" href="https://news.google.com/publications/CAAqBwgKMIvP8wowuf3TAg" style="background-color: white; display: inline-block; font-family: Arial, sans-serif; margin-bottom: 1rem;"><amp-img alt="Follow Motoroids on Goolge News" class="i-amphtml-element i-amphtml-layout-fixed i-amphtml-layout-size-defined i-amphtml-built i-amphtml-layout" height="55" i-amphtml-auto-lightbox-visited="" i-amphtml-layout="fixed" layout="fixed" src="/wp-content/themes/advanced-motoroids/images/follow-us-on-google-news.png" style="display: inline-block; height: 55px; overflow: hidden !important; position: relative; width: 200px;" width="200"></amp-img></a>Abhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.com0tag:blogger.com,1999:blog-3669498017473908493.post-57944751763200279752020-12-15T21:33:00.001-08:002020-12-15T21:33:09.400-08:00Paytm launches 24x7 RTGS money transfers for businesses<p style="text-align: center;"> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjHOfRatGBmdJLgw0u1uQEHIFwWjp1zGyXOh9eXpXOJ46ZxKg_s4y1O5oAlD_BmU-9brdBtC0EbLy2iMMKsHpuWgjncQXtnjKmhoHDh6rsTlhPdlgBfgBLGmm00qkSgK5duHaMI9egIi7Bk/s809/53f945aa41cdbe625f49612811100fd3.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="268" data-original-width="809" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjHOfRatGBmdJLgw0u1uQEHIFwWjp1zGyXOh9eXpXOJ46ZxKg_s4y1O5oAlD_BmU-9brdBtC0EbLy2iMMKsHpuWgjncQXtnjKmhoHDh6rsTlhPdlgBfgBLGmm00qkSgK5duHaMI9egIi7Bk/s320/53f945aa41cdbe625f49612811100fd3.jpg" width="320" /></a></div><br /><p></p><div class="content_wrapper arti-flow" id="article-main" style="background-color: white; border: 0px; box-sizing: border-box; font-family: Lora, sans-serif; font-size: 20px; font-stretch: normal; font-variant-east-asian: normal; font-variant-numeric: normal; line-height: 32px; list-style: none; margin: 0px; outline: 0px; padding: 0px; position: relative;"><p style="border: 0px; box-sizing: border-box; list-style: none; margin: 0px 0px 20px; outline: 0px; padding: 0px;">Digital financial services platform Paytm on December 15 launched a 24x7 RTGS facility to support the companies that make high-value transactions. It also enables businesses to make bulk and instant money transfers to their employees, vendors & partners.</p><p style="border: 0px; box-sizing: border-box; list-style: none; margin: 0px 0px 20px; outline: 0px; padding: 0px;">Customers can instantly make bulk payments to Bank Accounts, UPI addresses, and Paytm Wallets through Paytm Payouts' APIs and Paytm for Business Dashboard.</p><div class="hide-moblie mid-arti-ad" style="border: 0px; box-sizing: border-box; list-style: none; margin: 0px; outline: 0px; padding: 0px;"><div id="MC_ENG_PWA/MC_ENG_PWA_NEWS/MC_ENG_PWA_BUSINESS_AS/MC_ENG_PWA_ROS_NWS_BUS_AS_ATF_300" style="border: 0px; box-sizing: border-box; list-style: none; margin: 0px; outline: 0px; padding: 0px;"></div></div><p style="border: 0px; box-sizing: border-box; list-style: none; margin: 0px 0px 20px; outline: 0px; padding: 0px;">Paytm Payout is the only service provider that offers seamless round the clock money transfers through Wallet, UPI, IMPS, NEFT & RTGS.</p><p style="border: 0px; box-sizing: border-box; list-style: none; margin: 0px 0px 20px; outline: 0px; padding: 0px;">The company has made this announcement after Reserve Bank of India (RBI) decision to make RTGS facility 24x7. This service saves time and resources and it is beneficial for SME & large enterprises who use it to adopt an automated payment mechanism.</p>"RBI's move supports commerce in the country and enhances ease of doing business recently allowed the transfer of funds through Real-Time Gross Settlement (RTGS) round-the-clock, 365 days a year," Paytm said in a statement.</div><div><br /></div><div><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="font-family: lora, serif; text-align: justify;">Sandip Ginodia , CEO</span></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><b style="color: #292929; font-family: lora, serif; font-size: 16px;"><i><span style="color: #548d3f; font-family: georgia, serif; font-size: 10pt;"><a href="http://www.abhisheksecurities.com/" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;" target="_blank"><span style="color: #548d3f;">A</span></a>LTIUS INVESTECH PVT LTD</span></i></b></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">We deal in over 60 unlisted companies with 15 years of experience </span></i></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">For latest prices visit : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><a href="http://www.abhisheksecurities.com/unlisted.htm" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;"><span style="color: #a3c330;">www.abhisheksecurities.com/unlisted.htm</span></a></span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;"> / call : 09830271248 .</span></i></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;"><strong style="box-sizing: border-box; color: #292929; font-family: Lora, serif; font-size: 16px; margin: 0px; padding: 0px;"></strong></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;"></span></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-family: Arial, sans-serif; font-size: 15pt;"><o:p><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">Email : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #a3c330; cursor: pointer;"><a href="mailto:ginodiasandip1@gmail.com" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;">ginodiasandip1@gmail.com</a></span></span></i></o:p></span></p></div>Abhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.com0tag:blogger.com,1999:blog-3669498017473908493.post-9130778579819487412020-12-14T23:16:00.000-08:002020-12-14T23:16:07.987-08:00Exclusive: Zomato’s co-founder and 7 others back beer brand Bira 91<p style="text-align: center;"> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj3Ny_zqllX38ihyphenhyphenMPpQlzhgToPI65FkQOYf6Z55Q4XzH23BnbNrsaizNLdsYZS2-WtWyImbrjuRKKp1tu_b9ZNRoIPVDrGTpjwNXX6xUJ0h6vnYlCGgOO7fwcX8vYOCoMjhX88PAkYHuvO/s299/download.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="299" data-original-width="168" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj3Ny_zqllX38ihyphenhyphenMPpQlzhgToPI65FkQOYf6Z55Q4XzH23BnbNrsaizNLdsYZS2-WtWyImbrjuRKKp1tu_b9ZNRoIPVDrGTpjwNXX6xUJ0h6vnYlCGgOO7fwcX8vYOCoMjhX88PAkYHuvO/s0/download.png" /></a></div><br /><p></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">After raising a $20 million bridge round from existing investors Sequoia Capital and Sofina, Bira 91 has raised 9.3 crore from a clutch of angels including Pankaj Chaddah, Shikha Sunil Chandak and Nishant Mittal. The money has come at a time when Bira 91 is gearing up to foray into non-alcoholic beverages.</span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">Sajeev Singh has invested Rs 2 crore whereas Chandak put in Rs 1.04 crore, regulatory filings show. Suprati Finvest Pvt Ltd, Vineeta Gupta and Naveen Sangari have infused Rs 1 crore each in the craft beer brand. Majithia Family has invested Rs 1.45 crore while Kais Holding invested Rs 71.52 lakh.</span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">Zomato’s and Mindhouse’s co-founder Chaddah has put in Rs 75 lakh and Mittal invested Rs 34 lakh. Following the fresh infusion, promoters holdings has been diluted to 19.35% while ear;y backer Sequoia remains the largest stakeholder with 42.19% stake. </span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">Sofina Ventures controls 10.3% in the Delhi-based venture. Sixth Sense India opportunity Fund owns 1.81% whereas the ESOP pool consists of 1.81%. About 23.69% stake in Bira 91 is owned by other small investors including angels and family offices.</span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;">Last month, the Ankur Jain-led firm had also<a href="https://inc42.com/buzz/exclusive-bira-91-raises-fresh-funding-from-slew-of-investors/#:~:text=Delhi%2Dbased%20craft%20beer%20maker,C%20funding%20from%20several%20investors.&text=In%20April%202020%2C%20the%20company,India%20and%20Belgium's%20Sofina%20Capital" rel="noopener noreferrer" style="background-color: transparent; box-shadow: none; box-sizing: border-box; color: rgb(198, 0, 0) !important; text-decoration-line: none;" target="_blank"> raised around Rs 11.5 crore</a> in the same round from several investors.</p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">Bira 91 is looking to expand beyond its core beer business. It’s all set to foray into the non-alcoholic beverages segment with carbonated drinks, juices, energy and sports drinks and sparkling water. </span><span style="box-sizing: border-box; font-weight: 700;"><i style="box-sizing: border-box;">Entrackr</i></span><span style="box-sizing: border-box;"> had <a href="https://entrackr.com/2020/11/exclusive-bira-91-set-to-foray-into-non-alcoholic-beverages-segment/" rel="noopener noreferrer" style="background-color: transparent; box-shadow: none; box-sizing: border-box; color: rgb(198, 0, 0) !important; text-decoration-line: none;" target="_blank">exclusively reported</a> the development on November 11.</span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">Bira 91’s move into the non-alcoholic beverages segment is a departure from the company’s earlier plans to launch 40-50 different limited release beers. Nationwide lockdown had impacted the beer business severely. Manufacturers and retail stores sell 60% of their entire business in summer, but they weren’t able to do so this year because of the pandemic.</span></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;">Bira91 had also rolled out a range of merchandising products such as growlers, glasses, mugs, ice-bucket and apparel in late 2018. While the company has not filed its annual financial statement for FY20, it had registered a </span><a href="https://entrackr.com/2020/02/bira-beer-records-sluggish-revenue-growth-in-fy19-losses-jump-2x/" style="background-color: transparent; box-shadow: none; box-sizing: border-box; color: rgb(198, 0, 0) !important; text-decoration-line: none;">mild growth of 15.4% in revenue</a><span style="box-sizing: border-box;"> to Rs 183 crore in FY19 as compared to Rs 158.6 crore in FY18. During the period, its losses jumped 2X to Rs 202.2 crore.</span></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="font-family: lora, serif; text-align: justify;">Sandip Ginodia , CEO</span></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><b style="color: #292929; font-family: lora, serif; font-size: 16px;"><i><span style="color: #548d3f; font-family: georgia, serif; font-size: 10pt;"><a href="http://www.abhisheksecurities.com/" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;" target="_blank"><span style="color: #548d3f;">A</span></a>LTIUS INVESTECH PVT LTD</span></i></b></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">We deal in over 60 unlisted companies with 15 years of experience </span></i></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">For latest prices visit : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><a href="http://www.abhisheksecurities.com/unlisted.htm" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;"><span style="color: #a3c330;">www.abhisheksecurities.com/unlisted.htm</span></a></span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;"> / call : 09830271248 .</span></i></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;"><strong style="box-sizing: border-box; color: #292929; font-family: Lora, serif; font-size: 16px; margin: 0px; padding: 0px;"></strong></p><p style="background-color: white; box-sizing: border-box; color: #020202; font-family: "Times New Roman", sans-serif; font-size: 20px; margin: 0px 0px 1.5em; padding: 0px;"><span style="box-sizing: border-box;"></span></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-family: Arial, sans-serif; font-size: 15pt;"><o:p><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">Email : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #a3c330; cursor: pointer;"><a href="mailto:ginodiasandip1@gmail.com" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;">ginodiasandip1@gmail.com</a></span></span></i></o:p></span></p>Abhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.com0tag:blogger.com,1999:blog-3669498017473908493.post-6309248348497630602020-12-14T22:57:00.001-08:002020-12-14T22:57:22.485-08:00Hottest Indian startups of 2020, Paytm, Dreams 11 lead the charge: Wizikey Report<p style="text-align: center;"> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjGk4U4ajt28gMNL1xfWyRK0_zEz3FekMqYtAo5jj1N3tUZH5Utgq_SCPNLW_Jd8kqTw9Re5GecsEJg2zbnK0DnQuGcq4uVkCT9tHe9wVEzXx4o6nZmI5fi6d9ugo5_KavJEQOVEyqyjMn5/s278/download.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="182" data-original-width="278" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjGk4U4ajt28gMNL1xfWyRK0_zEz3FekMqYtAo5jj1N3tUZH5Utgq_SCPNLW_Jd8kqTw9Re5GecsEJg2zbnK0DnQuGcq4uVkCT9tHe9wVEzXx4o6nZmI5fi6d9ugo5_KavJEQOVEyqyjMn5/s0/download.jpg" /></a></div><br /><p></p><p></p><p class="MsoNormal"><a href="https://economictimes.indiatimes.com/topic/Paytm" target="_blank"><b><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; text-decoration: none; text-underline: none;">Paytm</span></b></a><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt;"><span style="-webkit-text-stroke-width: 0px; float: none; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"> has topped the list of the 100 hottest
startups of 2020, according to a report conducted by </span></span><a href="https://economictimes.indiatimes.com/topic/Wizikey" style="-webkit-text-stroke-width: 0px; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; outline: 0px; text-align: start; widows: 2; word-spacing: 0px;" target="_blank"><b><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; text-decoration: none; text-underline: none;">Wizikey</span></b></a><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt;"><span style="-webkit-text-stroke-width: 0px; float: none; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;">, a PR- SaaS startup.</span></span><span style="color: black; font-family: "Arial",sans-serif; font-size: 15.0pt;"><br style="-webkit-text-stroke-width: 0px; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; outline: 0px; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;" />
<br style="-webkit-text-stroke-width: 0px; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; outline: 0px; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;" />
<span style="background: white;"><span style="-webkit-text-stroke-width: 0px; float: none; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;">Interestingly, as per the The Hottest Startups of
2020 report, all the top ten startups on the list are unicorns, namely Paytm,
Dream11, Zomato, </span></span></span><a href="https://economictimes.indiatimes.com/topic/Ola" style="-webkit-text-stroke-width: 0px; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; outline: 0px; text-align: start; widows: 2; word-spacing: 0px;" target="_blank"><b><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt; text-decoration: none; text-underline: none;">Ola</span></b></a><span style="background: white; color: black; font-family: "Arial",sans-serif; font-size: 15.0pt;"><span style="-webkit-text-stroke-width: 0px; float: none; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;">, Swiggy, Big Basket, Oyo, Byjus, Snapdeal, and
Unacademy (mentioned according to rank).</span></span><span style="color: black; font-family: "Arial",sans-serif; font-size: 15.0pt;"><br style="-webkit-text-stroke-width: 0px; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; outline: 0px; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;" />
<br style="-webkit-text-stroke-width: 0px; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; outline: 0px; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;" />
<span style="background: white;"><span style="-webkit-text-stroke-width: 0px; float: none; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;">Wizikey said Paytm tops the list in terms of
creating the most consistent buzz throughout the year while Dream11 bags the
title for prominence of its brand.</span></span><br style="-webkit-text-stroke-width: 0px; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; outline: 0px; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;" />
<br style="-webkit-text-stroke-width: 0px; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; outline: 0px; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;" />
<span style="background: white;"><span style="-webkit-text-stroke-width: 0px; float: none; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;">Further, 19 of the top 100 startups are from the
Fintech industry. The fairly new entrant in the startup world Cred swiftly
found a spot at number 11 in a short span of time.</span></span><br style="-webkit-text-stroke-width: 0px; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; outline: 0px; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;" />
<br style="-webkit-text-stroke-width: 0px; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; outline: 0px; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;" />
<span style="background: white;"><span style="-webkit-text-stroke-width: 0px; float: none; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;">The B2C e-commerce industry, especially beauty,
also made a splash in 2020 with players like Nykaa and Purplle. Big Basket
found itself leading the sectoral list but ranking overall at number 6, above
Grofers which is ranked at 15.</span></span><br style="-webkit-text-stroke-width: 0px; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; outline: 0px; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;" />
<br style="-webkit-text-stroke-width: 0px; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; outline: 0px; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;" />
<span style="background: white;"><span style="-webkit-text-stroke-width: 0px; float: none; font-variant-caps: normal; font-variant-ligatures: normal; orphans: 2; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;">“Fintech is clearly doing it right and is leading
the ranks, having found maximum prominence in our list. Furthermore, as we deep
dive into sectors, while the top players continue to lead the way, it is
exciting to see some new names surface to the list,” said Anshul Sushil, CEO
& Co-Founder, Wizikey.</span></span></span></p><p class="MsoNormal"><span style="background-color: white; font-family: Arial, sans-serif; font-size: 15pt;">The report was created with Wizikey’s proprietary AI and ML
technology, </span><a href="https://economictimes.indiatimes.com/definition/data-mining" style="background-color: white; font-family: Arial, sans-serif; font-size: 15pt; outline: 0px;" target="_blank"><b><span style="color: black; text-decoration-line: none;">data mining</span></b></a><span style="background-color: white; font-family: Arial, sans-serif; font-size: 15pt;"> and analysis within
startups and unicorns in the ecosystem. A total of 5 million news articles
crawled over the year, and have been used for analysis in this report. These
articles are spread across 500+ distinct publications.</span></p><p class="MsoNormal"><span style="background-color: white; font-family: Arial, sans-serif; font-size: 15pt;">"We have considered the top 100 Startups and Unicorns according to the
amount of funding received by them. Wizikey has extensively studied the data
and has applied </span><a href="https://economictimes.indiatimes.com/topic/NLP" style="background-color: white; font-family: Arial, sans-serif; font-size: 15pt; outline: 0px;" target="_blank"><b><span style="color: black; text-decoration-line: none;">NLP</span></b></a><span style="background-color: white; font-family: Arial, sans-serif; font-size: 15pt;">, Data Mining, </span><a href="https://economictimes.indiatimes.com/topic/Text-Analytics" style="background-color: white; font-family: Arial, sans-serif; font-size: 15pt; outline: 0px;" target="_blank"><b><span style="color: black; text-decoration-line: none;">Text Analytics</span></b></a><span style="background-color: white; font-family: Arial, sans-serif; font-size: 15pt;"> and relevant
statistical concepts to formulate the data points that we present in this
report," the company said.</span></p><p class="MsoNormal"><span style="background-color: white; font-family: Arial, sans-serif; font-size: 15pt;">Enterprise-tech, another stable industry, did not see any player from its
segment getting featured in the top 20. Leading the pack is Freshworks at rank
37.</span></p><p class="MsoNormal"><span style="background-color: white; font-family: Arial, sans-serif; font-size: 15pt;">Having witnessed a boom in investments and consumer interest, the </span><a href="https://economictimes.indiatimes.com/topic/Edtech" style="background-color: white; font-family: Arial, sans-serif; font-size: 15pt; outline: 0px;" target="_blank"><b><span style="color: black; text-decoration-line: none;">Edtech</span></b></a><span style="background-color: white; font-family: Arial, sans-serif; font-size: 15pt;"> industry reimagined itself to
match up to the demand for education via the digital medium. Byjus and
Unacademy at 8 and 10 rank took the hotspots in the category. Both the unicorns
were abuzz for diverse reasons - from funding to expansions and acquisitions,
the company said.</span></p><p></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="font-family: lora, serif; text-align: justify;">Sandip Ginodia , CEO</span></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><b style="color: #292929; font-family: lora, serif; font-size: 16px;"><i><span style="color: #548d3f; font-family: georgia, serif; font-size: 10pt;"><a href="http://www.abhisheksecurities.com/" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;" target="_blank"><span style="color: #548d3f;">A</span></a>LTIUS INVESTECH PVT LTD</span></i></b></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">We deal in over 60 unlisted companies with 15 years of experience </span></i></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">For latest prices visit : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><a href="http://www.abhisheksecurities.com/unlisted.htm" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;"><span style="color: #a3c330;">www.abhisheksecurities.com/unlisted.htm</span></a></span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;"> / call : 09830271248 .</span></i></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;"><strong style="box-sizing: border-box; color: #292929; font-family: Lora, serif; font-size: 16px; margin: 0px; padding: 0px;"></strong></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-family: Arial, sans-serif; font-size: 15pt;"><o:p><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">Email : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #a3c330; cursor: pointer;"><a href="mailto:ginodiasandip1@gmail.com" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;">ginodiasandip1@gmail.com</a></span></span></i></o:p></span></p>Abhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.com0tag:blogger.com,1999:blog-3669498017473908493.post-48095532546548226562020-12-13T23:05:00.001-08:002020-12-13T23:05:33.190-08:00Stellar DoorDash listing sets stage for Indian food delivery app Zomato IPO<p style="text-align: center;"> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhBSWvstoKYbotcu71w4yOX2q3k1OpfdDh9ToE5LtPDXJkRhL-BKjZ_vRLCbVIym-m3SJCWsPbw6GfJuGf4fkkrS4TyGK6gmbU1m4foCOP6O8yr6dUFeBWWxPn0EIY_iEilU-DD1hhukAyK/s225/images.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="225" data-original-width="225" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhBSWvstoKYbotcu71w4yOX2q3k1OpfdDh9ToE5LtPDXJkRhL-BKjZ_vRLCbVIym-m3SJCWsPbw6GfJuGf4fkkrS4TyGK6gmbU1m4foCOP6O8yr6dUFeBWWxPn0EIY_iEilU-DD1hhukAyK/s0/images.png" /></a></div><br /><p></p><p></p><div class="paywall" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); -webkit-text-stroke-width: 0px; backface-visibility: hidden; background-color: white; color: black; font-family: "Times New Roman"; font-size: medium; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; font-weight: 400; letter-spacing: normal; list-style-type: none; margin: 0px; orphans: 2; outline: none; overflow-wrap: break-word; padding: 0px; text-align: start; text-decoration: none; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><div style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 0px; text-decoration: none;"><figure id="inline-https://images.livemint.com/img/2020/12/14/original/Hungry_1607909984538.PNG" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; background: rgb(238, 238, 238); list-style-type: none; margin: 10px 20px; outline: none; overflow-wrap: break-word; padding: 0px; position: relative; text-align: center; text-decoration: none;"></figure></div></div><p></p><div class="FirstEle" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); -webkit-text-stroke-width: 0px; backface-visibility: hidden; background-color: white; color: black; font-family: "Times New Roman"; font-size: medium; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; font-weight: 400; letter-spacing: normal; list-style-type: none; margin: 0px; orphans: 2; outline: none; overflow-wrap: break-word; padding: 0px; text-align: start; text-decoration: none; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; font-weight: 400; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px; text-decoration: none;">Investors are on a high, with jab sessions beginning in earnest in the UK, and expected to gradually spread worldwide soon. One clear sign of the euphoria is the massive listing gains of recent IPOs in the US. DoorDash Inc., an American online food delivery services firm, had an extraordinary debut, with a listing gain of over 80% from its issue price. The company, which posted a net loss of $149 million for the nine months ended September, listed with a market capitalization of $60 billion. For perspective: private investors had valued DoorDash at $16 billion in June. Based on the IPO pricing, the firm was valued at around $32 billion.</p><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">Indian food delivery companies could well be licking their chops at potential IPO valuations. Swiggy and Zomato are being valued at $3.5 billion and $3.6 billion, respectively, based on latest reports. Using the wide divergence between the private market and public market’s perception of valuations of internet companies these days, the latter may well value Swiggy and Zomato at well over $12 billion. According to reports, Zomato is looking at an IPO in 2021. “DoorDash’s spectacular listing should have a positive influence on the valuations of Indian food delivery companies and provides a good benchmark for their listing," said Anuj Kapoor, managing director and head of Investment Banking, UBS India.</p><div><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">“It’s possible that DoorDash listing may encourage Indian food delivery firms to re-evaluate their plans and list sooner," said Ritesh Jain, a global macro investor and a former executive at BNP Paribas Asset Management India Pvt. Ltd.</p><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">DoorDash is among firms that benefited from the covid-19 crisis, witnessing a significant increase in total orders, marketplace GOV (gross order volume) and revenue as people avoided stepping out due to fear of infection.</p><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">In India, though, the stringent lockdown has hurt Swiggy and Zomato, with consumers preferring home-cooked or packaged food. Moreover, there were supply-side challenges with several restaurants not functioning, migration of restaurant workers and working capital crunch. The good news is that management commentary suggests things have picked up, both in terms of orders and unit economics. “Swiggy, the market leader in food delivery, highlighted that while covid did have an impact, order volume is approaching pre-covid levels of 1.2 million per day, with positive contribution margin and the company is on track to Ebitda profitability in food delivery by 1Q21," pointed out Jefferies India Pvt. Ltd in a report on 6 December.</p><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">Swiggy and Zomato have focused on improving profitability metrics by charging higher delivery fees (to consumers), reducing discounts and marketing spends and saving on other operating expenses. Analysts reckon these steps, along with high order values, have likely helped these companies improve their unit economics. JM Financial Institutional Securities Ltd says, “Zomato reported contribution margin gain of <span class="webrupee" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; font-family: none; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 0px;">₹</span>27 per order in 1QFY21 versus a loss of <span class="webrupee" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; font-family: none; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 0px;">₹</span>47 per order in 1QFY20 (on a sustainable level though, the company mentioned that it expects contribution margin of <span class="webrupee" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; font-family: none; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 0px;">₹</span>15-20 per order, with Ebitda improvement to be driven by volume growth). At the group level, Zomato’s monthly burn had reduced to $4 million in 1QFY21 versus an average monthly burn of $24 million in FY20."</p><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">Penetration levels are lower compared to other markets, but there is the threat of potential competition from firms with deep pockets. As JM Financial puts it, “Amazon’s recent entry into India’s food delivery sector needs to be keenly watched."</p><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">To be sure, the pandemic has accelerated growth in most internet segments and valuations of tech companies are soaring. In fact, Airbnb Inc. saw a listing gain of over 100% last week. Against this backdrop, it’s not surprising that shares of Info Edge (India) Ltd, which owns a 20.8% stake in Zomato, hit a new 52-week high on Friday on NSE. The stock is now 33% ahead of the average target price of 17 brokerage firms. News reports suggest Zomato is looking to list in India. While some experts think a listing in the US markets would enable Indian companies to fetch much higher valuations, there are others who feel the Indian markets are capable of absorbing some paper. “Given the current market sentiment, positioning of domestic food delivery companies and depth of Indian markets, a listing in India too would be a viable option for such companies and fetch them attractive valuations as the domestic market can very well absorb paper worth a couple of billion dollars. Perhaps, bigger companies such as Jio Platforms Ltd may fare better by listing in the US market given the depth of the market, wider investor base and better comps available there for that sector," Kapoor said.</p></div><div><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">“Indeed, there is a frenzy going on in the US IPO markets, and if the Indian firms have proper documentation to satisfy regulators, I think you will see them pretty soon. The case is simple: you have to take the capital when it’s available, and liquidity has never been so easy with both DoorDash and Airbnb listing way above initial expectations," Jain said.</p><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;"><span style="color: #292929; font-family: lora, serif; font-size: 16px; text-align: justify;">Sandip Ginodia , CEO</span></p><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;"><b style="color: #292929; font-family: lora, serif; font-size: 16px;"><i><span style="color: #548d3f; font-family: georgia, serif; font-size: 10pt;"><a href="http://www.abhisheksecurities.com/" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;" target="_blank"><span style="color: #548d3f;">A</span></a>LTIUS INVESTECH PVT LTD</span></i></b></p><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">We deal in over 60 unlisted companies with 15 years of experience </span></i></p><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">For latest prices visit : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><a href="http://www.abhisheksecurities.com/unlisted.htm" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;"><span style="color: #a3c330;">www.abhisheksecurities.com/unlisted.htm</span></a></span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;"> / call : 09830271248 .</span></i></p><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">Email : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #a3c330; cursor: pointer;"><a href="mailto:ginodiasandip1@gmail.com" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;">ginodiasandip1@gmail.com</a></span></span></i></p><div class="adHolderStory" data-google-query-id="COmy6NvyzO0CFU4xaAodvYkJhA" id="smartcast-11607909135014" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; background-attachment: initial; background-clip: initial; background-image: none; background-origin: initial; background-position: center 6px; background-repeat: no-repeat; background-size: initial; border: 0px; list-style-type: none; margin: 10px auto; min-height: auto; outline: none; overflow-wrap: break-word; overflow: hidden; padding: 20px 10px 10px; text-align: center;"></div></div></div>Abhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.com0tag:blogger.com,1999:blog-3669498017473908493.post-48098728718781926022020-12-13T22:55:00.001-08:002020-12-13T22:55:38.446-08:00Capgemini’s Massive Hiring Plan For India: 48,000 New Employees By 2021-End, Both Freshers, Experienced<p style="text-align: center;"> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgpwZ6jokmWsuew3d_l1O0NT-m84GSoFEdwNyPFs12_CsxbRtIUh4cyMSmhQyq6iD1_uyhgJaUa02ya8sndkL1_HKhhrEHGbJBjYLcmD5XFaSbHB5DMvX4lo3lNOf3qvid_KIAldSa2RTqE/s275/download.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="183" data-original-width="275" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgpwZ6jokmWsuew3d_l1O0NT-m84GSoFEdwNyPFs12_CsxbRtIUh4cyMSmhQyq6iD1_uyhgJaUa02ya8sndkL1_HKhhrEHGbJBjYLcmD5XFaSbHB5DMvX4lo3lNOf3qvid_KIAldSa2RTqE/s0/download.png" /></a></div><br /><p></p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;">French IT services major, Capgemini whose more than half of the workforce is located in India, has onboarded over 45,000 employees globally this year through lateral hiring.</p><div><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;">Earlier, in the month of March, Ashwin Yardi, CEO of Capgemini said, “India forms a very important part of our business and we will hire 25,000-30,000 people here this year on a gross basis.”</p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;">Recently in an Interview with <a href="https://www.businessinsider.in/careers/news/capgemini-hr-head-explains-why-the-french-it-major-is-going-crazy-hiring-in-india-and-around-the-world/articleshow/79277396.cms" style="background-color: transparent; box-sizing: border-box; color: #4db2ec; text-decoration-line: none;">Business Insiders</a>, Capgemini CHRO Pallavi Tyagi said, “I believe that lateral hiring will continue to increase. If the business plans and expansion happen as we’re expecting then to happen, then hiring is not going to slow down,”</p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;">The company has no plans of slowing down. Even as attrition levels drop, Capgemini India CHRO said. “While it’s good not to have high attrition, at the same time, if there is a need for a certain demand that we need to fill, we’re hiring for those posts,” said Tyagi.</p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;">The big shift that Capgemini, and its peer companies, have seen is taking whatever training and skilling is required online. To address that requirement, it introduced the AI-driven ‘Next’ platform for personalized microlearning. The company pegs the digital learning platform as a one-stop-shop for employees to keep up with whatever they may need. The uptake in terms of learning output has increased,” added Tyagi.</p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;">In the third quarter, ending September 30, the company saw a 17.4% yearly increase in bookings amounting to €3.9 billion (approximately $4.6 billion). The company’s new deals include building digital twins for a network of European factories and upgrading the industrial network that connects Mexico to China.</p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;">Recently, due to the COVID-19 pandemic resultant economic slump, the Indian tech companies witnessed a dip in attrition which led to them halting the hiring process.</p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="font-family: lora, serif; text-align: justify;">Sandip Ginodia , CEO</span></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><b style="color: #292929; font-family: lora, serif; font-size: 16px;"><i><span style="color: #548d3f; font-family: georgia, serif; font-size: 10pt;"><a href="http://www.abhisheksecurities.com/" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;" target="_blank"><span style="color: #548d3f;">A</span></a>LTIUS INVESTECH PVT LTD</span></i></b></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">We deal in over 60 unlisted companies with 15 years of experience </span></i></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">For latest prices visit : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><a href="http://www.abhisheksecurities.com/unlisted.htm" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;"><span style="color: #a3c330;">www.abhisheksecurities.com/unlisted.htm</span></a></span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;"> / call : 09830271248 .</span></i></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;"><strong style="box-sizing: border-box; color: #292929; font-family: Lora, serif; font-size: 16px; margin: 0px; padding: 0px;"></strong></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-family: Arial, sans-serif; font-size: 15pt;"><o:p><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">Email : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #a3c330; cursor: pointer;"><a href="mailto:ginodiasandip1@gmail.com" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;">ginodiasandip1@gmail.com</a></span></span></i></o:p></span></p></div>Abhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.com0tag:blogger.com,1999:blog-3669498017473908493.post-18614793355642364442020-12-11T21:55:00.001-08:002020-12-11T21:55:04.566-08:00NSE To Launch Derivatives On Nifty Financial Services Index From Jan. 11<p style="text-align: center;"> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj44WLO46NfGLoczTYv80CZYbi6h2fIDkWqAzlwXCxE0atAb7p7mAFx8hbPcHs0r_kWctQ5_vyzpb1ylzM_FiyfU5WaUfdBI-kt9Q_zMWlKM2VQUpIEApf4EXeFm2kRwgVZvwB8o8-Wozb-/s333/download.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="151" data-original-width="333" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj44WLO46NfGLoczTYv80CZYbi6h2fIDkWqAzlwXCxE0atAb7p7mAFx8hbPcHs0r_kWctQ5_vyzpb1ylzM_FiyfU5WaUfdBI-kt9Q_zMWlKM2VQUpIEApf4EXeFm2kRwgVZvwB8o8-Wozb-/s320/download.png" width="320" /></a></div><br /><p></p><p style="background-color: white; border: 0px; box-sizing: border-box; font-family: Lora, sans-serif; font-size: 20px; list-style: none; margin: 0px 0px 20px; outline: 0px; padding: 0px;">National Stock Exchange of India (NSE) on December 10 said it had received SEBI's approval to launch derivatives on the Nifty Financial Services Index.</p><p style="background-color: white; border: 0px; box-sizing: border-box; font-family: Lora, sans-serif; font-size: 20px; list-style: none; margin: 0px 0px 20px; outline: 0px; padding: 0px;">NSE will launch the index derivatives on the Nifty Financial Services Index from January 11, 2021.</p><div class="hide-moblie mid-arti-ad" style="background-color: white; border: 0px; box-sizing: border-box; font-family: Lora, sans-serif; font-size: 20px; list-style: none; margin: 0px; outline: 0px; padding: 0px;"><div id="MC_ENG_PWA/MC_ENG_PWA_NEWS/MC_ENG_PWA_MARKETS_AS/MC_ENG_PWA_ROS_NWS_MKTS_AS_ATF_300" style="border: 0px; box-sizing: border-box; list-style: none; margin: 0px; outline: 0px; padding: 0px;"></div></div><p style="background-color: white; border: 0px; box-sizing: border-box; font-family: Lora, sans-serif; font-size: 20px; list-style: none; margin: 0px 0px 20px; outline: 0px; padding: 0px;">"NSE has received approval from SEBI to launch derivatives on the Nifty Financial Services Index in the futures & options segment of the Exchange. Currently, NSE offers index derivatives on only two equity indices – The Nifty50 index and the Nifty Bank index," the exchange said in a statement.</p><p style="background-color: white; border: 0px; box-sizing: border-box; font-family: Lora, sans-serif; font-size: 20px; list-style: none; margin: 0px 0px 20px; outline: 0px; padding: 0px;">The exchange will offer futures and options in 7 serial weekly, excluding the monthly expiry and 3 serial monthly contracts, NSE said.</p><p style="background-color: white; border: 0px; box-sizing: border-box; font-family: Lora, sans-serif; font-size: 20px; list-style: none; margin: 0px 0px 20px; outline: 0px; padding: 0px;">"This is the first time that the Exchange will make available weekly futures for the stock index derivatives. The derivatives are cash-settled with expiry day being the last Thursday of the expiry month for the monthly contracts and Thursday of the expiring week for weekly expiry contracts," NSE said.</p><p style="background-color: white; border: 0px; box-sizing: border-box; font-family: Lora, sans-serif; font-size: 20px; list-style: none; margin: 0px 0px 20px; outline: 0px; padding: 0px;">The option contracts are European styled Call Option (CE) and Put Option (PE) with strike scheme of 30-1-30 and strike interval of 100, said the exchange.</p><p style="background-color: white; border: 0px; box-sizing: border-box; font-family: Lora, sans-serif; font-size: 20px; list-style: none; margin: 0px 0px 20px; outline: 0px; padding: 0px;">The financial services sector assumes significance as the sector accounts for 33.5 percent of the Nifty500 index.</p><p style="background-color: white; border: 0px; box-sizing: border-box; font-family: Lora, sans-serif; font-size: 20px; list-style: none; margin: 0px 0px 20px; outline: 0px; padding: 0px;">The Nifty Financial Services index comprises 20 stocks and is designed to reflect the behaviour and performance of the Indian financial market which includes banks, financial institutions, housing finance, insurance companies and other financial services companies, the statement further said.</p><p style="background-color: white; border: 0px; box-sizing: border-box; font-family: Lora, sans-serif; font-size: 20px; list-style: none; margin: 0px 0px 20px; outline: 0px; padding: 0px;">NSE underscored that recent investment data of Foreign Portfolio Investors (FPIs) indicates 48 percent of new investment flows were into the financial services sector.</p><p style="background-color: white; border: 0px; box-sizing: border-box; font-family: Lora, sans-serif; font-size: 20px; list-style: none; margin: 0px 0px 20px; outline: 0px; padding: 0px;">The sector accounted for 35 percent of the assets under the custody of FPIs. Many of the asset management companies have mutual fund schemes in the financial sector theme.</p><p style="background-color: white; border: 0px; box-sizing: border-box; font-family: Lora, sans-serif; font-size: 20px; list-style: none; margin: 0px 0px 20px; outline: 0px; padding: 0px;">The Nifty Financial Services index has a 94 percent correlation and a beta value of 1.2 with the Nifty50 index. It has a correlation of 98 percent with the Nifty Bank index.</p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="font-family: lora, serif; text-align: justify;">Sandip Ginodia , CEO</span></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><b style="color: #292929; font-family: lora, serif; font-size: 16px;"><i><span style="color: #548d3f; font-family: georgia, serif; font-size: 10pt;"><a href="http://www.abhisheksecurities.com/" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;" target="_blank"><span style="color: #548d3f;">A</span></a>LTIUS INVESTECH PVT LTD</span></i></b></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">We deal in over 60 unlisted companies with 15 years of experience </span></i></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">For latest prices visit : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><a href="http://www.abhisheksecurities.com/unlisted.htm" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;"><span style="color: #a3c330;">www.abhisheksecurities.com/unlisted.htm</span></a></span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;"> / call : 09830271248 .</span></i></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;"><strong style="box-sizing: border-box; color: #292929; font-family: Lora, serif; font-size: 16px; margin: 0px; padding: 0px;"></strong></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-family: Arial, sans-serif; font-size: 15pt;"><o:p><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">Email : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #a3c330; cursor: pointer;"><a href="mailto:ginodiasandip1@gmail.com" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;">ginodiasandip1@gmail.com</a></span></span></i></o:p></span></p>Abhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.com0tag:blogger.com,1999:blog-3669498017473908493.post-17725106846828515172020-12-11T21:43:00.001-08:002020-12-11T21:43:32.164-08:00Suryoday Small Finance Bank files IPO papers with Sebi<p style="text-align: center;"> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhZWpk0LPPKJnmy4jxHFZPBCPjQMbhQP-byLp4qZWMt3rc1v3wtSpn9ySKjJLZiPVcN10lm_DmjqR9SJYxvDw5tGHxXSqPHi4rO9hMJ2bg58v6lxRKWEWv6e8t_CETgkzRjmDhwDDC6whWB/s253/images.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="199" data-original-width="253" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhZWpk0LPPKJnmy4jxHFZPBCPjQMbhQP-byLp4qZWMt3rc1v3wtSpn9ySKjJLZiPVcN10lm_DmjqR9SJYxvDw5tGHxXSqPHi4rO9hMJ2bg58v6lxRKWEWv6e8t_CETgkzRjmDhwDDC6whWB/s0/images.png" /></a></div><br /><p></p><div class="content_wrapper arti-flow" style="background-color: white; border: 0px; box-sizing: border-box; font-family: Lora, sans-serif; font-size: 20px; font-stretch: normal; font-variant-east-asian: normal; font-variant-numeric: normal; line-height: 32px; list-style: none; margin: 0px; outline: 0px; padding: 0px; position: relative;"><p style="border: 0px; box-sizing: border-box; list-style: none; margin: 0px 0px 20px; outline: 0px; padding: 0px;">Suryoday Small Finance Bank Limited (SSFBL) has filed its Draft Red Herring Prospectus for an Initial Public Offer (IPO) of up to 20,061,796 equity shares of face value Rs 10 each.</p><p style="border: 0px; box-sizing: border-box; list-style: none; margin: 0px 0px 20px; outline: 0px; padding: 0px;">The SFB plans to utilise the net proceeds from the fresh issue towards augmenting the bank’s Tier – 1 capital base in order to meet the bank’s future capital requirements, SSFBL said in a statement.</p><div class="hide-moblie mid-arti-ad" style="border: 0px; box-sizing: border-box; list-style: none; margin: 0px; outline: 0px; padding: 0px;"><div id="MC_ENG_PWA/MC_ENG_PWA_NEWS/MC_ENG_PWA_BUSINESS_AS/MC_ENG_PWA_ROS_NWS_BUS_AS_ATF_300" style="border: 0px; box-sizing: border-box; list-style: none; margin: 0px; outline: 0px; padding: 0px;"></div></div><p style="border: 0px; box-sizing: border-box; list-style: none; margin: 0px 0px 20px; outline: 0px; padding: 0px;">This issue will be made via a book-building process, with Axis Capital, ICICI Securities, SBI Capital Markets, and IIFL Securities being the merchant bankers of the issue.</p><p style="border: 0px; box-sizing: border-box; list-style: none; margin: 0px 0px 20px; outline: 0px; padding: 0px;">Shares of the bank will be listed on BSE and NSE.</p><p style="border: 0px; box-sizing: border-box; list-style: none; margin: 0px 0px 20px; outline: 0px; padding: 0px;">Those offering shares through the offer for sale (OFS) route include International Financial Corporation (IFC), Gaja Capital, HDFC Holdings, IDFC First Bank, Kotak Mahindra Life Insurance Company, DWM (International) Mauritius Ltd, and Americorp Ventures.</p><p style="border: 0px; box-sizing: border-box; list-style: none; margin: 0px 0px 20px; outline: 0px; padding: 0px;">Suryoday’s AUM<a href="https://www.moneycontrol.com/news/business/ipo/suryoday-small-finance-bank-ipo-listing-date-4984471.html" rel="nofollow" style="background-color: transparent; border: 0px; box-sizing: border-box; color: black; font-weight: 600; list-style: none; margin: 0px; outline: none; padding: 0px;"> grew by 71 percent to Rs 3,003 crore, with 20 percent of this</a> contributed by affordable home loans, commercial vehicle finance, and SME and NBFC funding.</p>According to earlier reports, Suryoday Small Finance Bank was required to list before April 2021.</div><div><br /></div><div><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="font-family: lora, serif; text-align: justify;">Sandip Ginodia , CEO</span></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><b style="color: #292929; font-family: lora, serif; font-size: 16px;"><i><span style="color: #548d3f; font-family: georgia, serif; font-size: 10pt;"><a href="http://www.abhisheksecurities.com/" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;" target="_blank"><span style="color: #548d3f;">A</span></a>LTIUS INVESTECH PVT LTD</span></i></b></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">We deal in over 60 unlisted companies with 15 years of experience </span></i></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">For latest prices visit : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><a href="http://www.abhisheksecurities.com/unlisted.htm" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;"><span style="color: #a3c330;">www.abhisheksecurities.com/unlisted.htm</span></a></span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;"> / call : 09830271248 .</span></i></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;"><strong style="box-sizing: border-box; color: #292929; font-family: Lora, serif; font-size: 16px; margin: 0px; padding: 0px;"></strong></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-family: Arial, sans-serif; font-size: 15pt;"><o:p><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">Email : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #a3c330; cursor: pointer;"><a href="mailto:ginodiasandip1@gmail.com" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;">ginodiasandip1@gmail.com</a></span></span></i></o:p></span></p></div>Abhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.com0tag:blogger.com,1999:blog-3669498017473908493.post-8378369057532149442020-12-11T04:43:00.002-08:002020-12-11T04:44:47.845-08:00BCCL reports consolidated net loss of Rs 451.63 crore in FY20<p style="text-align: center;"> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg5h7pOVK0gA-2yqpegYlSw24mkgf2XqnBVIemqhNb4AbD_sIU6et-il58OElgGjWnJ90Qw2koC6yGtnZd1xqNhZEOOMEGUPA4wk8ueQRq5guGedtvv_S-tFu6k8Jkq5bAoVfmcy29uRY54/s200/download.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="200" data-original-width="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg5h7pOVK0gA-2yqpegYlSw24mkgf2XqnBVIemqhNb4AbD_sIU6et-il58OElgGjWnJ90Qw2koC6yGtnZd1xqNhZEOOMEGUPA4wk8ueQRq5guGedtvv_S-tFu6k8Jkq5bAoVfmcy29uRY54/s0/download.png" /></a></div><br /><p></p><p style="background-color: white; border: 0px; box-sizing: border-box; color: #333333; font-family: "PT Serif"; font-size: 16px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 1.25em; padding: 0px; text-rendering: optimizelegibility; vertical-align: baseline;">The Times group owned by Bennett Coleman and Company Ltd (BCCL) has posted a consolidated net loss of Rs 451.63 crore for the fiscal ended March 31, 2020, compared to a net profit of Rs 484.27 crore of the previous fiscal.</p><p style="background-color: white; border: 0px; box-sizing: border-box; color: #333333; font-family: "PT Serif"; font-size: 16px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 1.25em; padding: 0px; text-rendering: optimizelegibility; vertical-align: baseline;">As per data from business intelligence platform Tofler, BCCL’s revenue from the sale of publications declined to Rs 629.96 crore from Rs 656.09 cror while the Television distribution revenue marginally increased to Rs 40.17 crore from Rs 36.29 crore.</p><p style="background-color: white; border: 0px; box-sizing: border-box; color: #333333; font-family: "PT Serif"; font-size: 16px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 1.25em; padding: 0px; text-rendering: optimizelegibility; vertical-align: baseline;">Times of India is the largest circulated newspaper in India. The groups own some popular TV channels like Movies now, MNX, Romedy now, Times now, Mirrors now ET now. The company’s print business comprises of Times of India and Economic Times in English, Navbharat Times in Hindi, Maharashtra Times in Marathi, Vijay Karnataka in Kannada, and EiSamay in Bengali. The group also publishes magazines like Filmfare and Femina.</p><p style="background-color: white; border: 0px; box-sizing: border-box; color: #333333; font-family: "PT Serif"; font-size: 16px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 1.25em; padding: 0px; text-rendering: optimizelegibility; vertical-align: baseline;">The report which Tofler share talked about, the company’s advertisement revenue has shrunk to Rs 5,367.88 crore from Rs 6,155.32 crore. Revenue from the sale of publications declined to Rs 629.96 crore from Rs 656.09 crore. Television distribution revenue marginally increased to Rs 40.17 crore from Rs 36.29 crore. Revenue from web portal and support services stands at Rs 284.95 crore as against Rs 226.42 crore.</p><p style="background-color: white; border: 0px; box-sizing: border-box; color: #333333; font-family: "PT Serif"; font-size: 16px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 1.25em; padding: 0px; text-rendering: optimizelegibility; vertical-align: baseline;">Whereas, the sale of traded products has jumped to Rs 1,787.10 crore from Rs 1,379.94 crore. Other operating revenues came in at Rs 1,144.47 crore compared to Rs 1,157.36 crore.</p><p style="background-color: white; border: 0px; box-sizing: border-box; color: #333333; font-family: "PT Serif"; font-size: 16px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 1.25em; padding: 0px; text-rendering: optimizelegibility; vertical-align: baseline;">The total expenses have jumped to Rs 9,911.05 crore from Rs 9,552.13 crore. Employee benefits expense stood at Rs 2,767.55 crore compared to Rs 2,562.93 crore. While the cost of materials consumed dipped to Rs 1,277.02 crore from Rs 1,694.66 crore, other expenses climbed to Rs 4,493.91 crore from Rs 4,053.59 crore.</p><p style="background-color: white; border: 0px; box-sizing: border-box; color: #333333; font-family: "PT Serif"; font-size: 16px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 1.25em; padding: 0px; text-rendering: optimizelegibility; vertical-align: baseline;">In terms of segments, the company’s revenue from the print segment plunged to Rs 5,627.12 crore from Rs 6,259.89 crore. Revenue from the television segment jumped to Rs 826.32 crore from Rs 711.90. Internet segment reported revenue of Rs 1,200.34 crore compared to Rs 1,180.41 crore. Revenue from ‘others’ segment increased to Rs 1,600.75 crore from Rs 1,459.22 crore.</p><p style="background-color: white; border: 0px; box-sizing: border-box; color: #333333; font-family: "PT Serif"; font-size: 16px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 1.25em; padding: 0px; text-rendering: optimizelegibility; vertical-align: baseline;">The company’s profit before tax from the print business fell to Rs 1,005 crore from Rs 1,136.34 crore. The television business posted a profit before tax of Rs 16.41 crore against a loss before tax of Rs 33.63 crore.</p><p style="background-color: white; border: 0px; box-sizing: border-box; color: #333333; font-family: "PT Serif"; font-size: 16px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 1.25em; padding: 0px; text-rendering: optimizelegibility; vertical-align: baseline;">The loss before tax from the internet business swelled to Rs 837.72 crore from Rs 550.66 crore. The ‘others’ segment reported loss before tax of Rs 344.60 crore as against a profit before tax of Rs 214.28 crore.</p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="font-family: lora, serif; text-align: justify;">Sandip Ginodia , CEO</span></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><b style="color: #292929; font-family: lora, serif; font-size: 16px;"><i><span style="color: #548d3f; font-family: georgia, serif; font-size: 10pt;"><a href="http://www.abhisheksecurities.com/" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;" target="_blank"><span style="color: #548d3f;">A</span></a>LTIUS INVESTECH PVT LTD</span></i></b></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">We deal in over 60 unlisted companies with 15 years of experience </span></i></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">For latest prices visit : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><a href="http://www.abhisheksecurities.com/unlisted.htm" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;"><span style="color: #a3c330;">www.abhisheksecurities.com/unlisted.htm</span></a></span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;"> / call : 09830271248 .</span></i></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;"><strong style="box-sizing: border-box; color: #292929; font-family: Lora, serif; font-size: 16px; margin: 0px; padding: 0px;"></strong></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-family: Arial, sans-serif; font-size: 15pt;"><o:p><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">Email : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #a3c330; cursor: pointer;"><a href="mailto:ginodiasandip1@gmail.com" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;">ginodiasandip1@gmail.com</a></span></span></i></o:p></span></p>Abhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.com0tag:blogger.com,1999:blog-3669498017473908493.post-38921016696299609222020-12-11T04:32:00.001-08:002020-12-11T04:32:23.485-08:00IPL 2021: 14th edition of the Indian Premier League will be held only after April 10<p style="text-align: center;"> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhg8LmzjhjGkTqImVGpJfSnlAO-GepUjdw57yJoskqMf9JQlQTb8EH2UOZQ4JhghxUR1VhvKzuVv4YKnYDK-wyiLsTChWGrWDVR43g3W2-mDkh47GGJ8-VxIqIqnf5gMN-kSgPxqG-7eSI-/s322/download.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="157" data-original-width="322" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhg8LmzjhjGkTqImVGpJfSnlAO-GepUjdw57yJoskqMf9JQlQTb8EH2UOZQ4JhghxUR1VhvKzuVv4YKnYDK-wyiLsTChWGrWDVR43g3W2-mDkh47GGJ8-VxIqIqnf5gMN-kSgPxqG-7eSI-/s320/download.png" width="320" /></a></div><br /><p></p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; line-height: 26px; margin-bottom: 26px; margin-top: 0px;"><span style="box-sizing: border-box; font-weight: 700;">IPL Schedule 2021- 14th edition will be held only after April 10 :</span> BCCI is yet to announce the dates for the Indian Premier League (IPL) 14th edition. However, the latest England tour of India schedule has given a hint of when it IPL 2021 can start from.</p><div class="td-a-rec td-a-rec-id-content_inline " style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px;"><div id="div_20201203131406" style="box-sizing: border-box;"></div></div><p><span style="background-color: white; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px;">The Board of Control for Cricket in India (BCCI) on Thursday announced the dates for India’s four-Test, five T20I and three ODI series against England. The two-month-long series begins from February 5 in Chennai for the first Test. The longest-format of the game ends on March 8.</span></p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; line-height: 26px; margin-bottom: 26px; margin-top: 0px;">It will be followed by T20I series which is scheduled from March 12 to 20. Following this, India and England play the ODI series which ends on March 28.</p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; line-height: 26px; margin-bottom: 26px; margin-top: 0px;">After this long and hectic series, it is likely that the players would want a break before joining their respective IPL franchises for IPL 2021.</p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; line-height: 26px; margin-bottom: 26px; margin-top: 0px;">A 10-day break for the players would help them rejuvenate and get ready for the new IPL season. It will not be a shocker if IPL begins from the second week. Taking the previous editions into account, IPL has always more or less started in the second week of April.</p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; line-height: 26px; margin-bottom: 26px; margin-top: 0px;">BCCI will most likely decide to host the new edition after April 10. It would give the players some time to gel up with their supposedly new team members, if the proposed mega-auction takes place.</p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; line-height: 26px; margin-bottom: 26px; margin-top: 0px;">Interestingly, the Indian cricket board is planning to introduce two new teams for the new season. A final decision on it will be taken on December 24.</p><div><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; line-height: 26px; margin-bottom: 26px; margin-top: 0px;"><span style="box-sizing: border-box; font-weight: 700;">IPL 2021 New Team: BCCI AGM to take final decision, Ahmedabad almost certain to be the new franchise</span></p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; line-height: 26px; margin-bottom: 26px; margin-top: 0px;"><span style="box-sizing: border-box; font-weight: 700;">IPL 2021 New Team –</span> In case BCCI AGM egress to introduction of new IPL teams from IPL 2021, Ahmedabad city is almost certain to be included in the IPL franchise city list.</p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; line-height: 26px; margin-bottom: 26px; margin-top: 0px;">The proposal to increase two teams for the Indian Premier League 2021 (IPL 2021) will be formally floated for the approval of the house in the AGM on Dec 24th. An approval will be taken from the representatives of all the state associations for the inclusion of two new teams in the said meeting on Dec. 24th.</p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; line-height: 26px; margin-bottom: 26px; margin-top: 0px;">According to the information available with InsideSport, one thing is certain now that Ahmedabad city will be included in the IPL roaster before anyone else. The names of Lucknow / Kanpur, Pune will come for discussion if the BCCI AGM decides to increase more than 1 team for IPL 2021 or IPL 2022.</p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; line-height: 26px; margin-bottom: 26px; margin-top: 0px;">In case BCCI AGM decides to postpone the proposal for the new teams for the IPL 2022, still Ahmedabad will be the first city that gets included in the IPL roaster.</p><div><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="font-family: lora, serif; text-align: justify;">Sandip Ginodia , CEO</span></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><b style="color: #292929; font-family: lora, serif; font-size: 16px;"><i><span style="color: #548d3f; font-family: georgia, serif; font-size: 10pt;"><a href="http://www.abhisheksecurities.com/" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;" target="_blank"><span style="color: #548d3f;">A</span></a>LTIUS INVESTECH PVT LTD</span></i></b></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">We deal in over 60 unlisted companies with 15 years of experience </span></i></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">For latest prices visit : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><a href="http://www.abhisheksecurities.com/unlisted.htm" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;"><span style="color: #a3c330;">www.abhisheksecurities.com/unlisted.htm</span></a></span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;"> / call : 09830271248 .</span></i></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;"><strong style="box-sizing: border-box; color: #292929; font-family: Lora, serif; font-size: 16px; margin: 0px; padding: 0px;"></strong></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-family: Arial, sans-serif; font-size: 15pt;"><o:p><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">Email : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #a3c330; cursor: pointer;"><a href="mailto:ginodiasandip1@gmail.com" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;">ginodiasandip1@gmail.com</a></span></span></i></o:p></span></p></div><div class="td-a-rec td-a-rec-id-content_bottom " style="background-color: white; box-sizing: border-box; clear: both; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; text-align: center;"><div class="td-all-devices" style="box-sizing: border-box; display: table; margin: 15px auto 21px;"><a href="https://social-innovation.hitachi/en-in/about?WT.mc_id=20InEnIl-PGS-InsideSport-Video&utm_source=insidesport&utm_medium=video&utm_campaign=hitachi_gbc" style="background-color: transparent; box-sizing: border-box; color: #4db2ec; text-decoration-line: none;" target="_blank"></a></div></div></div>Abhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.com0tag:blogger.com,1999:blog-3669498017473908493.post-79713956247124784842020-12-08T00:33:00.001-08:002020-12-08T00:33:29.523-08:00Fino Payments Bank companies up plan to transform into Small Finance Bank<p style="text-align: center;"> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg60ygX234izDpBwpbsjZb9kQswot-eKoXxpYozu4v3W6OSk74yT3BAJ3SnQB2T9j1PFvQQmsqsBnZ3NCvFUXx0AqNNSGRaet755bYnfGXA3anGBFQy_gE5WAGa53rpvijVOeeOQb7SbFD2/s301/download.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="168" data-original-width="301" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg60ygX234izDpBwpbsjZb9kQswot-eKoXxpYozu4v3W6OSk74yT3BAJ3SnQB2T9j1PFvQQmsqsBnZ3NCvFUXx0AqNNSGRaet755bYnfGXA3anGBFQy_gE5WAGa53rpvijVOeeOQb7SbFD2/s0/download.png" /></a></div><br /><p></p><p><span style="background-color: white; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px;"> </span><a href="https://economictimes.indiatimes.com/topic/Fino-Payments-Bank" rel="nofollow noopener noreferrer" style="background-color: white; box-sizing: border-box; color: #4db2ec; font-family: Verdana, Geneva, sans-serif; font-size: 15px; text-decoration-line: none;" target="_blank">Fino Payments Bank</a><span style="background-color: white; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px;"> which began producing income (post-tax) three quarters in the past, has began back-end planning to ultimately convert right into a small-finance financial institution (SFB). Enthused by the latest inside working group report that advocated permitting funds financial institution (PB) to transform to SFB after three years of operations from the present 5 years, Fino can also be trying to give stakeholder feedback to </span><a href="https://economictimes.indiatimes.com/markets/rbi" rel="nofollow noopener noreferrer" style="background-color: white; box-sizing: border-box; color: #4db2ec; font-family: Verdana, Geneva, sans-serif; font-size: 15px; text-decoration-line: none;" target="_blank">RBI</a><span style="background-color: white; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px;"> on the difficulty.</span><span style="background-color: white; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px;"></span></p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;">“These are progressive pointers we’re but to check this in additional particulars, there may be clearly uncertainty whether or not the ultimate pointers will take note of these strategies so we must wait and see on that however we’re this very positively,” stated <a href="https://economictimes.indiatimes.com/topic/Rishi-Gupta" rel="nofollow noopener noreferrer" style="background-color: transparent; box-sizing: border-box; color: #4db2ec; text-decoration-line: none;" target="_blank">Rishi Gupta</a>, CEO, Fino Funds Financial institution.</p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;">The latest inside working group report of RBI on possession on personal banks had really useful decreasing the time for conversion from funds financial institution to <a href="https://economictimes.indiatimes.com/topic/small-finance-bank" rel="nofollow noopener noreferrer" style="background-color: transparent; box-sizing: border-box; color: #4db2ec; text-decoration-line: none;" target="_blank">small finance bank</a> to 3 years from the present 5 years. It had additionally prompt easing itemizing pointers for small finance and funds financial institution.</p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;">Gupta added that the funds financial institution will capitalise on its present scalable and asset gentle mannequin.</p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;">As a funds financial institution we’ve constructed a scalable, asset gentle mannequin, although we imagine clients additionally need mortgage as a product and presently we’re unable to service that,” Gupta stated. “With conversion right into a small finance financial institution we are able to provide credit score to our clients and retailers.”</p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;">Not like the present crop of small finance banks who’re largely counting on <a href="https://economictimes.indiatimes.com/topic/loans" rel="nofollow noopener noreferrer" style="background-color: transparent; box-sizing: border-box; color: #4db2ec; text-decoration-line: none;" target="_blank">loans</a> to generate revenue, Gupta stated that credit score will solely be part of the financial institution’s product choices.<br style="box-sizing: border-box;" /></p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;">“Our imaginative and prescient of SFB versus those in operation presently goes to be totally different as a result of we aren’t going to get your most revenue from credit score merchandise, although it should a part of our suite of choices over and above our present mannequin,” Gupta stated. “Lending will likely be on a very digital platform with vital use of knowledge analytics.”</p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;">Fino Funds Financial institution reported revenue after tax of Rs 4.5 crores on the finish of the September quarter. It had reported a loss similar interval final yr. On a sequential foundation the financial institution had posted revenue of Rs 1.9 crore within the June quarter.</p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;">Within the September quarter, the Fino community facilitated transactions price Rs 33000 crores, registering a 25% development sequentially and 40% development over the identical interval final yr when it processed transactions price Rs 23000 crores had been processed. It additionally posted wholesome working revenue of Rs 13 crores in Q2 FY21.</p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px; font-weight: 400;"><span style="font-family: lora, serif; text-align: justify;">Sandip Ginodia , CEO</span></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px; font-weight: 400;"></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; font-weight: 400; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><b style="color: #292929; font-family: lora, serif; font-size: 16px; font-weight: bold;"><i><span style="color: #548d3f; font-family: georgia, serif; font-size: 10pt;"><a href="http://www.abhisheksecurities.com/" style="background: transparent; color: #25a186; cursor: pointer; text-decoration: none;" target="_blank"><span style="color: #548d3f;">A</span></a>LTIUS INVESTECH PVT LTD</span></i></b></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; font-weight: 400; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">We deal in over 60 unlisted companies with 15 years of experience </span></i></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; font-weight: 400; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">For latest prices visit : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><a href="http://www.abhisheksecurities.com/unlisted.htm" style="background: transparent; color: #25a186; cursor: pointer; text-decoration: none;"><span style="color: #a3c330;">www.abhisheksecurities.com/unlisted.htm</span></a></span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;"> / call : 09830271248 .</span></i></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px; font-weight: 400;"></p><p style="background-color: white; box-sizing: border-box; color: #222222; font-family: Verdana, Geneva, sans-serif; font-size: 15px; margin-bottom: 26px; margin-top: 0px; overflow-wrap: break-word;"><strong style="box-sizing: border-box; color: #292929; font-family: Lora, serif; font-size: 16px; margin: 0px; padding: 0px;"></strong></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px; font-weight: 400;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-family: Arial, sans-serif; font-size: 15pt;"><o:p><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">Email : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #a3c330; cursor: pointer;"><a href="mailto:ginodiasandip1@gmail.com" style="background: transparent; color: #25a186; cursor: pointer; text-decoration: none;">ginodiasandip1@gmail.com</a></span></span></i></o:p></span></p>Abhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.com0tag:blogger.com,1999:blog-3669498017473908493.post-19130566037247733152020-12-08T00:23:00.001-08:002020-12-08T00:23:27.760-08:00Google Pay, PhonePe accounted for 86% of UPI transactions in Oct: NPCI<p style="text-align: center;"> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEijDdKhcYv90kkA0H80EwQIVB1v-u2EByWxFdH4XxqQ7iyxLO3EfhHgoyghjcajhHDT4irjQD5df09Ub1Fp28St4bhhd_qwEx3yOkymqyDB1pFdKmmdUhxxmeneY1JrSZR3iS0mK3jTHQLt/s278/download.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="182" data-original-width="278" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEijDdKhcYv90kkA0H80EwQIVB1v-u2EByWxFdH4XxqQ7iyxLO3EfhHgoyghjcajhHDT4irjQD5df09Ub1Fp28St4bhhd_qwEx3yOkymqyDB1pFdKmmdUhxxmeneY1JrSZR3iS0mK3jTHQLt/s0/download.jpg" /></a></div><br /><p></p><div class="FirstEle" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; background-color: white; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 0px;"><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">Payments operators<a href="https://www.livemint.com/companies/news/google-pay-forays-into-digital-gifting-partners-with-qwikcilver-11607309312965.html" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #1976d2; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 0px; text-decoration-line: none;" target="_blank">, Google Pay </a>and PhonePe, seem to have a stranglehold on the unified payments interface (UPI) market in India. According to October data from the National Payments Corporation of India (NPCI), published for the first time, Google Pay accounted for 857.81 million transactions, while PhonePe came in second with 839.88 million transactions. Together, the two apps accounted for about 81% of the market, the data shows.</p></div><div class="paywall" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; background-color: white; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 0px;"><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">The data said <span class="webrupee" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; font-family: none; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 0px;">₹</span>1,65,654.71 crore worth of transactions happened through Google Pay in October, while <span class="webrupee" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; font-family: none; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 0px;">₹</span>1,68,085.06 crore worth of transactions took place through PhonePe. This made up for about 86% of total transaction value on UPI in October.</p><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">While the data compiled was for the period before WhatsApp was allowed to roll out its payments feature in India, the platform seems to have barely made an impact during that period. According to NPCI’s data, only 70,000 transactions worth <span class="webrupee" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; font-family: none; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 0px;">₹</span>9.32 crore happened through WhatsApp Pay in October. The company was allowed to roll out the service to 2 million users at this time. It has now been approved for 20 million users.</p><div><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">Other than these, Amazon Pay and PayTM Payments Bank have also made an impact on the industry, though they’re far behind the leaders. While PayTM accounted for about 11% of the market, with 244.94 million transactions ( <span class="webrupee" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; font-family: none; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 0px;">₹</span>27,489.33 crore in value), Amazon Pay saw 46.59 million transactions ( <span class="webrupee" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; font-family: none; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 0px;">₹</span>3,854.49 in value).</p></div><div><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">Both PayTM and Amazon lost market share between September and October, as Google and PhonePy grew in the market. Google Pay saw 751.61 million transactions in September (worth <span class="webrupee" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; font-family: none; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 0px;">₹</span>1,46,414.83 crore), while PhonePe had 688.32 million transactions (worth <span class="webrupee" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; font-family: none; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 0px;">₹</span>1,37,819.43 crore). On the other hand, Amazon Pay had 81.7 million transactions (worth <span class="webrupee" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; font-family: none; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 0px;">₹</span>3,613.83 crore) and PayTM had 208.33 million transactions (worth <span class="webrupee" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; font-family: none; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 0px;">₹</span>23,353.91 crore).</p></div><div><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">The NPCI had recently imposed a 30% cap on third party apps on total volume transactions processed via UPI. This had prompted many to criticize the regulator for stifling competition in the UPI space. “This announcement has come as a surprise and has implications for hundreds of millions of users who use UPI for their daily payments and could impact the further adoption of UPI and the end goal of financial inclusion. Digital payments in India is still in its infancy and any interventions at this point should be made with a view to accelerate consumer choice and innovation. Choice-based and open model key to drive momentum," Google Pay had said at the time.</p></div><div><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">However, as reported by Mint earlier, experts said the cap may not affect incumbents like PhonePe and Google Pay, since the market will normalize over time as more players enter.</p><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;"><span style="color: #292929; font-family: lora, serif; font-size: 16px; text-align: justify;">Sandip Ginodia , CEO</span></p><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;"><b style="color: #292929; font-family: lora, serif; font-size: 16px;"><i><span style="color: #548d3f; font-family: georgia, serif; font-size: 10pt;"><a href="http://www.abhisheksecurities.com/" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;" target="_blank"><span style="color: #548d3f;">A</span></a>LTIUS INVESTECH PVT LTD</span></i></b></p><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">We deal in over 60 unlisted companies with 15 years of experience </span></i></p><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">For latest prices visit : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><a href="http://www.abhisheksecurities.com/unlisted.htm" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;"><span style="color: #a3c330;">www.abhisheksecurities.com/unlisted.htm</span></a></span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;"> / call : 09830271248 .</span></i></p><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">Email : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #a3c330; cursor: pointer;"><a href="mailto:ginodiasandip1@gmail.com" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;">ginodiasandip1@gmail.com</a></span></span></i></p><div class="adHolderStory" data-google-query-id="CJiHx5H4ve0CFcVHaAodfdgHmg" id="smartcast-11607324956131" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; background-attachment: initial; background-clip: initial; background-image: none; background-origin: initial; background-position: center 6px; background-repeat: no-repeat; background-size: initial; border: 0px; list-style-type: none; margin: 10px auto; min-height: auto; outline: none; overflow-wrap: break-word; overflow: hidden; padding: 20px 10px 10px; text-align: center;"></div></div></div>Abhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.com0tag:blogger.com,1999:blog-3669498017473908493.post-30775441121107220392020-12-08T00:09:00.001-08:002020-12-08T00:09:52.111-08:00IPL with 10 teams: How ‘new’ IPL teams fared in the past seasons<p style="text-align: center;"> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh8WmKRA_ER5mZEGGnFghxQZuGo7k9s5_32kSw1wWSLggIhvFyu-IBg1HKD7vKnvN6HgvOk8A9GY8lQ4fYfu32Sc5VXFrVvN9xwoK8QL1zfDclu4MuyQpacvgMNNKBThK_rDlhLX3jycLLV/s322/download.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="157" data-original-width="322" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh8WmKRA_ER5mZEGGnFghxQZuGo7k9s5_32kSw1wWSLggIhvFyu-IBg1HKD7vKnvN6HgvOk8A9GY8lQ4fYfu32Sc5VXFrVvN9xwoK8QL1zfDclu4MuyQpacvgMNNKBThK_rDlhLX3jycLLV/s320/download.png" width="320" /></a></div><br /><p></p><p style="background-color: white; box-sizing: border-box; font-family: "Source Sans Pro", sans-serif; font-size: 18px; margin: 0px 0px 10px; padding: 0px;">The Board of Control for Cricket in India (BCCI) is mulling to add two more teams to the Indian Premier League (IPL). Going by the agenda of the board's AGM, which take place on December 24, the official announcement regarding it would be made later this month. Should two teams be added to the league, it will be for the first time since 2011 that IPL will be a 10-team competition.</p><div><p style="background-color: white; box-sizing: border-box; font-family: "Source Sans Pro", sans-serif; font-size: 18px; margin: 0px 0px 10px; padding: 0px;">IPL had started as an 8-team competition. In 2011, 10 teams took part in the tournament. The number reduced to 9 for the next two years. IPL has remained 8-team tournament since 2014. As the fans wait for an official word regarding the new teams, we revisit past IPL seasons and have a look at how 'new' IPL teams fared in previous IPL seasons -</p></div><div><p style="background-color: white; box-sizing: border-box; font-family: "Source Sans Pro", sans-serif; font-size: 18px; margin: 0px 0px 10px; padding: 0px;"><strong style="box-sizing: border-box; margin: 0px; padding: 0px;">Rising Pune Supergiant</strong></p></div><div><strong style="box-sizing: border-box; margin: 0px; padding: 0px;"><p style="background-color: white; box-sizing: border-box; font-family: "Source Sans Pro", sans-serif; font-size: 18px; font-weight: 400; margin: 0px 0px 10px; padding: 0px;">The star-studded side had the likes of MS Dhoni, Steven Smith, Ajinkya Rahane and number of other international players in its ranks. And it was Dhoni who was named as Rising Pune Supergiant's (RPS) inaugural captain. As the leader, Dhoni had his worst-ever IPL season as RPS only managed five wins from 14 matches.</p><div><p style="background-color: white; box-sizing: border-box; font-family: "Source Sans Pro", sans-serif; font-size: 18px; font-weight: 400; margin: 0px 0px 10px; padding: 0px;">The owners didn't keep faith in Dhoni and just a month after he quit national captaincy, RPS replaced him with Steven Smith. The Australian batsman had the experience of leading Rajasthan Royals in IPL and propelled RPS into the final, where they lost to Mumbai Indians by just 1 run.</p></div><div><p style="background-color: white; box-sizing: border-box; font-family: "Source Sans Pro", sans-serif; font-size: 18px; font-weight: 400; margin: 0px 0px 10px; padding: 0px;">It was a mixed run for RPS in IPL. In one season, they disappointed while in the next season, they played the final. Given their team combination, the Pune-based franchise would have given other teams run for their money had we seen more of them.</p></div><div><p style="background-color: white; box-sizing: border-box; font-family: "Source Sans Pro", sans-serif; font-size: 18px; font-weight: 400; margin: 0px 0px 10px; padding: 0px;"><strong style="box-sizing: border-box; margin: 0px; padding: 0px;">Gujarat Lions</strong></p></div><div><strong style="box-sizing: border-box; margin: 0px; padding: 0px;"><p style="background-color: white; box-sizing: border-box; font-family: "Source Sans Pro", sans-serif; font-size: 18px; font-weight: 400; margin: 0px 0px 10px; padding: 0px;">Like Rising Pune Supergiant, Gujarat Lions (GL) too had mixed run in the league. They had Suresh Raina as their full-time captain in both seasons. During the two-year stint, Raina came out of Dhoni's shadow in IPL and led GL into the second round in IPL 2016. The Gujarat-based franchise registered 9 wins and topped the points table. Although, they lost both the Qualifiers and couldn't play the final.</p><div><p style="background-color: white; box-sizing: border-box; font-family: "Source Sans Pro", sans-serif; font-size: 18px; font-weight: 400; margin: 0px 0px 10px; padding: 0px;">In IPL 2017, GL only managed 4 wins from 14 matches and finished their IPL journey at the seventh spot in the table. GL and RPS were replaced by Chennai Super Kings and Rajasthan Royals, who returned after serving the two-year ban period.</p></div><div><p style="background-color: white; box-sizing: border-box; font-family: "Source Sans Pro", sans-serif; font-size: 18px; font-weight: 400; margin: 0px 0px 10px; padding: 0px;"><strong style="box-sizing: border-box; margin: 0px; padding: 0px;">Kochi Tuskers Kerala</strong></p></div><div><strong style="box-sizing: border-box; margin: 0px; padding: 0px;"><p style="background-color: white; box-sizing: border-box; font-family: "Source Sans Pro", sans-serif; font-size: 18px; font-weight: 400; margin: 0px 0px 10px; padding: 0px;">The only franchise which has been part of only one IPL season, Kochi Tuskers Kerala (KTK) participated in IPL 2011. The Kochi-based team's roster included the likes of skipper Mahela Jayawardene, VVS Laxman, Ravindra Jadeja and others. But the presence of star players didn't help the team's cause.</p><p style="background-color: white; box-sizing: border-box; font-family: "Source Sans Pro", sans-serif; font-size: 18px; font-weight: 400; margin: 0px 0px 10px; padding: 0px;">With six wins from 14 matches, KTK failed to qualify for the next round. It was the first and the last time that KTK participated in the IPL as the BCCI terminated the franchise. </p><div><p style="background-color: white; box-sizing: border-box; font-family: "Source Sans Pro", sans-serif; font-size: 18px; font-weight: 400; margin: 0px 0px 10px; padding: 0px;"><strong style="box-sizing: border-box; margin: 0px; padding: 0px;">Pune Warriors</strong></p></div><div><strong style="box-sizing: border-box; margin: 0px; padding: 0px;"><p style="background-color: white; box-sizing: border-box; font-family: "Source Sans Pro", sans-serif; font-size: 18px; font-weight: 400; margin: 0px 0px 10px; padding: 0px;">The worst performing team in the history of IPL? Three seasons and not even one playoff appearance. Pune Warriors were part of IPL from 2011 to 2013 but their journey would end in the league stage on all three occasions.</p><p style="background-color: white; box-sizing: border-box; font-family: "Source Sans Pro", sans-serif; font-size: 18px; font-weight: 400; margin: 0px 0px 10px; padding: 0px;">In IPL 2011, they finished at the 9th spot while in 2012, they finished last. In 2013, Pune Warriors finished at the eighth spot in the nine-team competition. The biggest takeaway from the franchise was Rahul Sharma's performance as he made his India debut following his success in IPL.</p><p style="background-color: white; box-sizing: border-box; font-family: "Source Sans Pro", sans-serif; font-size: 18px; font-weight: 400; margin: 0px 0px 10px; padding: 0px;"><br /></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px; font-weight: 400;"><span style="font-family: lora, serif; text-align: justify;">Sandip Ginodia , CEO</span></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px; font-weight: 400;"></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; font-weight: 400; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><b style="color: #292929; font-family: lora, serif; font-size: 16px;"><i><span style="color: #548d3f; font-family: georgia, serif; font-size: 10pt;"><a href="http://www.abhisheksecurities.com/" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;" target="_blank"><span style="color: #548d3f;">A</span></a>LTIUS INVESTECH PVT LTD</span></i></b></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; font-weight: 400; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">We deal in over 60 unlisted companies with 15 years of experience </span></i></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; font-weight: 400; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">For latest prices visit : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><a href="http://www.abhisheksecurities.com/unlisted.htm" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;"><span style="color: #a3c330;">www.abhisheksecurities.com/unlisted.htm</span></a></span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;"> / call : 09830271248 .</span></i></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px; font-weight: 400;"></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px; font-weight: 400;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-family: Arial, sans-serif; font-size: 15pt;"><o:p><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">Email : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #a3c330; cursor: pointer;"><a href="mailto:ginodiasandip1@gmail.com" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;">ginodiasandip1@gmail.com</a></span></span></i></o:p></span></p></strong></div></strong></div></strong></div></strong></div>Abhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.com0tag:blogger.com,1999:blog-3669498017473908493.post-90519762116959131492020-12-07T23:59:00.001-08:002020-12-07T23:59:04.977-08:00Long time senior execs of Future Group leaving co. amid uncertainty<p style="text-align: center;"> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj5JrD__hnitjz2xky3Ez4E2DwbMjhk0O0VMZ_QwTUslZwxkY0M3LjokUZcQeyrmwMFQWW1LZeUi3NnQiHVvpVj9gEaWOtLeyAlK275lTFzYWi5yHDCitXO_-jNu9BQaBFxCuyOLsZu13Yf/s275/download.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="183" data-original-width="275" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj5JrD__hnitjz2xky3Ez4E2DwbMjhk0O0VMZ_QwTUslZwxkY0M3LjokUZcQeyrmwMFQWW1LZeUi3NnQiHVvpVj9gEaWOtLeyAlK275lTFzYWi5yHDCitXO_-jNu9BQaBFxCuyOLsZu13Yf/s0/download.png" /></a></div><br /><p></p><p><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">In the midst of </span><a href="https://retail.economictimes.indiatimes.com/tag/reliance+retail" style="background-color: white; box-sizing: border-box; color: #00afdf; cursor: pointer; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px; text-decoration-line: none;">Reliance Retail</a><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;"> taking over the </span><a href="https://retail.economictimes.indiatimes.com/tag/future+group" style="background-color: white; box-sizing: border-box; color: #00afdf; cursor: pointer; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px; text-decoration-line: none;">Future Group</a><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">, Kishore Biyani-led company is seeing some of its long-time senior executives abandoning ship.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">In recent weeks, Vineet Jain, CEO for North, quit the group after 17 years with the company. His southern counterpart Venkateswar Kumar, has also put in his papers, three persons familiar with the development, said.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">“Venkateshwar is currently serving his notice period,” said one of the persons.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /></p><p><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">Kumar is also a Future Group veteran of more than 15 years with the company.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">Last month, Jain joined value retailer V-Mart Retail Ltd as the new chief operating officer. Aruni Mishra, business head for general merchandise at Big Bazaar, quit Future Group last month.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">“People are exiting as how long can you stick around in this uncertainty?” asked another senior official of Future Group who is scheduled to leave the company early next year after more than a decade.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">A Future Group spokesperson declined to comment on the </span><a href="https://retail.economictimes.indiatimes.com/tag/exits" style="background-color: white; box-sizing: border-box; color: #00afdf; cursor: pointer; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px; text-decoration-line: none;">exits</a><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">In August, Reliance announced that it would acquire the nation’s second largest retail enterprise, Future Group, for Rs 24,713 crore in a deal that would give it control over more than a third of India’s $80 billion annual organised retailing business.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">The departures of the senior executives are happening amid a case filed by Amazon in the Singapore International Arbitration Centre challenging the sell-off of Future Group's assets to Reliance. Amazon.com NV Investment Holdings LLC had accused Future Coupons – the promoter entity of Future Retail in which Amazon owns 49% stake – of breaching of a contract signed between the promoter company and the US giant.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /></p><div class="in-page-promotions-buckets-featured featured_section_disabled bucket-position-in_page inpromorendered" data-bucket-design="3" data-bucket-id="3" data-bucket-limit="2" data-bucket-position="in_page" data-ftd-callback="inPagePromoCallback" data-ftd-params="design=3&limit=2&entity_type=all&position=in_page&bucket_id=3&rendered_items=0&rendered_items=0" data-ftd-type="in-page-promotions" data-type="in-page-promotions" id="in-page-promotions_in_page_2_79607737" style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;"></div><p><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">Amazon argues that according to the shareholder agreement of 2019 - when Amazon invested Rs 1,400 crore in Future Coupons – gives the US e-commerce giant the first right of refusal of purchasing stake in the entity that owns 7.3% of Kishore Biyani’s listed flagship, Future Retail.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="font-family: lora, serif; text-align: justify;">Sandip Ginodia , CEO</span></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><b style="color: #292929; font-family: lora, serif; font-size: 16px;"><i><span style="color: #548d3f; font-family: georgia, serif; font-size: 10pt;"><a href="http://www.abhisheksecurities.com/" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;" target="_blank"><span style="color: #548d3f;">A</span></a>LTIUS INVESTECH PVT LTD</span></i></b></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">We deal in over 60 unlisted companies with 15 years of experience </span></i></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">For latest prices visit : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><a href="http://www.abhisheksecurities.com/unlisted.htm" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;"><span style="color: #a3c330;">www.abhisheksecurities.com/unlisted.htm</span></a></span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;"> / call : 09830271248 .</span></i></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-family: Arial, sans-serif; font-size: 15pt;"><o:p><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">Email : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #a3c330; cursor: pointer;"><a href="mailto:ginodiasandip1@gmail.com" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;">ginodiasandip1@gmail.com</a></span></span></i></o:p></span></p>Abhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.com0tag:blogger.com,1999:blog-3669498017473908493.post-2866568783147978512020-12-07T03:48:00.001-08:002020-12-07T03:48:33.895-08:00Reliance Retail bets on grocery<p style="text-align: center;"> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEizCwX460TCFGujg-CM8-42mCDYRR0DQxo0wCow6wjKVVXsHJj0j9Pb2ZoMmwKsWl0tAEAtiRUprFcIjyV9va9zUlmqnKqldwFbrZ7YlU-jdlim5Cw6FPe5-imFAfxj-Mu158raJwKZl9QS/s275/download.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="183" data-original-width="275" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEizCwX460TCFGujg-CM8-42mCDYRR0DQxo0wCow6wjKVVXsHJj0j9Pb2ZoMmwKsWl0tAEAtiRUprFcIjyV9va9zUlmqnKqldwFbrZ7YlU-jdlim5Cw6FPe5-imFAfxj-Mu158raJwKZl9QS/s0/download.png" /></a></div><br /><p></p><p></p><div class="paywall" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); -webkit-text-stroke-width: 0px; backface-visibility: hidden; background-color: white; color: black; font-family: "Times New Roman"; font-size: medium; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; font-weight: 400; letter-spacing: normal; list-style-type: none; margin: 0px; orphans: 2; outline: none; overflow-wrap: break-word; padding: 0px; text-align: start; text-decoration: none; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"></div><p></p><div class="FirstEle" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); -webkit-text-stroke-width: 0px; backface-visibility: hidden; background-color: white; color: black; font-family: "Times New Roman"; font-size: medium; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; font-weight: 400; letter-spacing: normal; list-style-type: none; margin: 0px; orphans: 2; outline: none; overflow-wrap: break-word; padding: 0px; text-align: start; text-decoration: none; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; font-weight: 400; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px; text-decoration: none;">After raising more than<span> </span><span class="webrupee" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; font-family: none; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 0px; text-decoration: none;">₹</span>47,000 crore through stake sales to global investors,<span> </span><a href="https://www.livemint.com/companies/news/reliance-retail-taps-local-indian-artisans-11606138590888.html" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #1976d2; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 0px; text-decoration: none;" target="_blank">Reliance Retail<span> </span></a>Ventures Ltd (RRVL) is expanding its private grocery labels and pushing into smaller towns.</p><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">While the company’s current valuation of close to <span class="webrupee" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; font-family: none; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 0px;">₹</span>5 trillion may appear expensive to some investors, industry experts said its private grocery labels will start delivering higher margins soon.</p><div><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">Reliance Retail is already India’s largest retailer, both in terms of store count and revenue ($22 billion in FY20), and caters to 80% of households’ consumption needs such as apparel, footwear, jewellery, consumer electronics and telecom.</p></div><div><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">We expect core retail revenue to grow 2X/2.4X over FY20-25, with grocery at the centre of the growth narrative, accounting for over 50% of incremental revenue," JPMorgan said in a 1 December note, adding that its online venture, JioMart, has a high chance of capturing a meaningful share in the Indian e-commerce market as online grocery is expected to be the primary driver of long-term growth.</p></div><div><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">According to Euromonitor, the $400-billion grocery segment was the biggest category in retail in 2019 with online penetration at just 0.4%. Given that grocery is 60% of the retail market and considering the low penetration, it remains the most promising category for retailers.</p></div><div><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">RIL, which began retailing groceries in 2006, now sells a range of goods at its 11,931 stores across store formats in 7,000 cities and towns.</p></div><div><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">However, unlike most of the organized peers who have a higher presence in metro or tier-I cities, RIL has focused more on smaller towns and cities, gaining a first-mover advantage in many places with limited organized retail.</p></div><div><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">“RIL’s presence beyond metro cities has paid off well. At a time when consumer demand in India has been hit hard, these are the towns, which are helping RIL clock higher revenue in its retail businesses," an analyst with a domestic brokerage said on condition of anonymity.</p><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">RIL’s Ebitda margin for FY20 in grocery stood at 6.5% versus 8.6% for D-Mart, though the operating model differs—Reliance takes most of its store space on lease, while D-Mart owns them, implying lower rentals.</p></div><div><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">RIL’s bid to acquire the retail business of Future Group for <span class="webrupee" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; font-family: none; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 0px;">₹</span>24,700 crore will further strengthen its leadership position in the grocery and fashion segments, adding 30% to the existing revenue base for the core retail operations.</p></div><div><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">This acquisition will add 17% to Reliance Retail’s revenue, implying a 45-55% addition to these segments over last fiscal, JPMorgan said in the note.</p></div><div><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">RIL has also been strengthening its private grocery labels on JioMart for higher margins, joining the likes of Amazon, Flipkart, BigBasket, Grofers and More, which have been scaling up their own private labels.</p></div><div><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">Reliance Retail operates neighbourhood stores, supermarkets, hypermarkets, wholesale and online stores. It sells staples, food, home, personal care and general merchandise under its own brands such as Best Farms, Good Life, Masti Oye, Kaffe, Enzo, Mopz, Expelz and Home One.</p></div><div><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">Under grocery, Reliance Retail operates three core physical formats—neighbourhood stores (Reliance Fresh), supermarkets (Reliance SMART) and wholesale/B2B cash and carry stores (Reliance Market). It also operates Qwik Mart, a convenience store at Reliance fuel outlets. Reliance Fresh and Smart account for over 50% of all fruits and vegetables sold in modern trade.</p></div><div><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;">Reliance Retail also plans to explore and scale up new ways of engaging customers in shopping such as pop-up stores and mobile vans.</p><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;"><span style="color: #292929; font-family: lora, serif; font-size: 16px; text-align: justify;">Sandip Ginodia , CEO</span></p><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;"><b style="color: #292929; font-family: lora, serif; font-size: 16px;"><i><span style="color: #548d3f; font-family: georgia, serif; font-size: 10pt;"><a href="http://www.abhisheksecurities.com/" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;" target="_blank"><span style="color: #548d3f;">A</span></a>LTIUS INVESTECH PVT LTD</span></i></b></p><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">We deal in over 60 unlisted companies with 15 years of experience </span></i></p><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">For latest prices visit : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><a href="http://www.abhisheksecurities.com/unlisted.htm" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;"><span style="color: #a3c330;">www.abhisheksecurities.com/unlisted.htm</span></a></span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;"> / call : 09830271248 .</span></i></p><p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); backface-visibility: hidden; color: #212121; font-family: "PT Serif Regular", serif; font-size: 18px; line-height: 28px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 8px 20px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">Email : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #a3c330; cursor: pointer;"><a href="mailto:ginodiasandip1@gmail.com" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;">ginodiasandip1@gmail.com</a></span></span></i></p></div></div>Abhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.com0tag:blogger.com,1999:blog-3669498017473908493.post-25068117710427833182020-12-07T03:36:00.001-08:002020-12-07T03:36:59.825-08:00IPL 2021: Franchises from Ahmedabad and either Kanpur or Lucknow reportedly set to be added<p style="text-align: center;"> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj1Q6eOwM1qUhI7ZIvvAqL4UipoyVR5NETprPWmQqGmBGQbzTnDKGon3Jbn5DiWTTTFPP4NN2qh6FIeiTqcHC9arQG6w00-cm-FebYkSBT8hU49UzbbaQODbOpzzzN07-dGTZsaFmBzFX9y/s275/download.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="183" data-original-width="275" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj1Q6eOwM1qUhI7ZIvvAqL4UipoyVR5NETprPWmQqGmBGQbzTnDKGon3Jbn5DiWTTTFPP4NN2qh6FIeiTqcHC9arQG6w00-cm-FebYkSBT8hU49UzbbaQODbOpzzzN07-dGTZsaFmBzFX9y/s0/download.jpg" /></a></div><br /><p></p><p style="box-sizing: border-box; color: #292929; font-size: 20px; line-height: 1.6; margin: 0px 0px 3rem;">The Board of Control for Cricket in India (BCCI) has already begun the preparations for organizing the 14th edition of the Indian Premier League (IPL 2021) in India in the month of April and May. It is speculated that the Indian board is planning to add two more teams to expand the <a href="https://www.crictracker.com/10-teams-will-be-divided-into-two-groups-new-format-of-ipl-from-2021-season/" rel="noopener noreferrer" style="box-sizing: border-box; color: #09c6f9; outline: none; text-decoration-line: none;" target="_blank"><strong style="box-sizing: border-box;">cash-rich league</strong></a> and make it a tournament of 10 teams instead of 8.</p><p style="box-sizing: border-box; color: #292929; font-size: 20px; line-height: 1.6; margin: 0px 0px 3rem;">Though there has been no official announcement by any concerned authorities, reports suggest that in the list of shortlisted cities, Ahmedabad tops the charts and the new team can be from the city of Ahmedabad. BCCI wishes to make the newly-built Motera Stadium, also known as Sardar Patel Stadium in Ahmedabad as the home ground of the ninth team while one franchise can also be added from Lucknow or Kanpur.</p><p style="box-sizing: border-box; color: #292929; font-size: 20px; line-height: 1.6; margin: 0px 0px 3rem;">The Indian board will be hosting its Annual General Meeting (AGM) on December 24th and will be taking a final call on whether to expand the tournament or not. Also, the state associations and members have reportedly also been briefed about the situation ahead of the highly-anticipated meeting.</p><h3 style="background-color: white; box-sizing: border-box; color: #292929; font-family: "Proxima Nova"; font-size: 23px; line-height: 32px; margin: 0px 0px 3rem;">Adani and Goenka group are favourites to own the new franchise</h3><div><p style="background-color: white; box-sizing: border-box; color: #292929; font-family: "Proxima Nova"; font-size: 20px; line-height: 1.6; margin: 0px 0px 3rem;">“Time constraints are there but the full auction will be in the interest of everyone. IPL Governing Council will formally decide on this in next 3-4 weeks and communicate to everyone concerned,” a BCCI source was quoted as saying by Insidesport.</p><p style="background-color: white; box-sizing: border-box; color: #292929; font-family: "Proxima Nova"; font-size: 20px; line-height: 1.6; margin: 0px 0px 3rem;">Also, the corporates Adani Group and Goenka Group are the favourites for buying the ninth or tenth team in the next edition of the T20 Championship. The two teams have strongly shown interest in owning a franchise. Adani Group owned by Gautam Adani and RPSG owned by Sanjeev Goenka.</p><p style="background-color: white; box-sizing: border-box; color: #292929; font-family: "Proxima Nova"; font-size: 20px; line-height: 1.6; margin: 0px 0px 3rem;">While Adanis have repeatedly shown interest in buying an <a href="https://www.crictracker.com/twitter-reactions-chadeja-and-natarajan-show-aussies-ipl-flavour-in-canberra-t20i/" rel="noopener noreferrer" style="background-color: transparent; box-sizing: border-box; color: #09c6f9; outline: none; text-decoration-line: none;" target="_blank"><strong style="box-sizing: border-box;">IPL franchise</strong></a>, the Goenka group was previously associated with the league as the owners of now-defunct Pune Supergiant. Two teams namely Pune Supergiant and Gujarat Lions were added to the Indian league for a period of two years in 2016 and 2017 after Chennai Super Kings and Rajasthan Royals were banned from the tournament due to the 2013 batting scandal.</p><div><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="font-family: lora, serif; text-align: justify;">Sandip Ginodia , CEO</span></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><b style="color: #292929; font-family: lora, serif; font-size: 16px;"><i><span style="color: #548d3f; font-family: georgia, serif; font-size: 10pt;"><a href="http://www.abhisheksecurities.com/" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;" target="_blank"><span style="color: #548d3f;">A</span></a>LTIUS INVESTECH PVT LTD</span></i></b></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">We deal in over 60 unlisted companies with 15 years of experience </span></i></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">For latest prices visit : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><a href="http://www.abhisheksecurities.com/unlisted.htm" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;"><span style="color: #a3c330;">www.abhisheksecurities.com/unlisted.htm</span></a></span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;"> / call : 09830271248 .</span></i></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-family: Arial, sans-serif; font-size: 15pt;"><o:p><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">Email : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #a3c330; cursor: pointer;"><a href="mailto:ginodiasandip1@gmail.com" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;">ginodiasandip1@gmail.com</a></span></span></i></o:p></span></p></div><p style="background-color: white; box-sizing: border-box; color: #292929; font-family: "Proxima Nova"; font-size: 20px; line-height: 1.6; margin: 0px 0px 3rem;"></p><p style="background-color: white; box-sizing: border-box; color: #292929; font-family: "Proxima Nova"; font-size: 20px; line-height: 1.6; margin: 0px 0px 3rem;"></p><p style="background-color: white; box-sizing: border-box; color: #292929; font-family: "Proxima Nova"; font-size: 20px; line-height: 1.6; margin: 0px 0px 3rem;"></p><p style="background-color: white; box-sizing: border-box; color: #292929; font-family: "Proxima Nova"; font-size: 20px; line-height: 1.6; margin: 0px 0px 3rem;"></p><p style="background-color: white; box-sizing: border-box; color: #292929; font-family: "Proxima Nova"; font-size: 20px; line-height: 1.6; margin: 0px 0px 3rem;"></p><div class="ad-block-container ad-above-tags" id="above-tags-div" style="background-color: white; box-sizing: border-box; color: #333333; font-family: "Proxima Nova"; font-size: 14px; margin: -12px -16px 20px; position: relative; text-align: center;"></div></div><div class="ad-block-container ad-below-subtitle" id="mbetween-para-div" style="box-sizing: border-box; margin: 10px auto; position: relative; text-align: center;"><p id="mbetween-para-tag" style="box-sizing: border-box; color: #292929; display: block !important; font-family: arial; font-size: 20px; font-weight: 400; line-height: 1.6; margin: 0px 0px 3rem; position: relative; text-align: center !important; top: 0px; z-index: 1;"></p><div class="ad-block-container ad-below-subtitle" id="mbetween-para-div2" style="box-sizing: border-box; margin: 10px auto; position: relative; text-align: center;"><p id="mbetween-para-tag2" style="box-sizing: border-box; color: #292929; display: block !important; font-family: arial; font-size: 20px; font-weight: 400; line-height: 1.6; margin: 0px 0px 3rem; position: relative; text-align: center !important; top: 0px; z-index: 1;"></p><div id="mbetween-para-ad2" style="box-sizing: border-box;"></div></div><div id="mbetween-para-ad" style="box-sizing: border-box;"></div></div>Abhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.com0tag:blogger.com,1999:blog-3669498017473908493.post-63000002988241074372020-12-04T23:10:00.001-08:002020-12-04T23:10:19.581-08:00From the unbanked to struggling MSMEs, Paytm wraps up 2020 with a focus on financial inclusion<p style="text-align: center;"> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiQggHhY4Z2357qMKl_EFcFkrIbXL18s89Km1Tm56fB31AWqVMw19BM6gL9YMUAD8bbWBRm2MqVQk3moP8mvH-4yJU2yMtxnOfsDHoe1QXla4ySaC81LSr_3mMB2WnUctXzuJgt5EIa59Ao/s1200/paytm-logo-1200.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="667" data-original-width="1200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiQggHhY4Z2357qMKl_EFcFkrIbXL18s89Km1Tm56fB31AWqVMw19BM6gL9YMUAD8bbWBRm2MqVQk3moP8mvH-4yJU2yMtxnOfsDHoe1QXla4ySaC81LSr_3mMB2WnUctXzuJgt5EIa59Ao/s320/paytm-logo-1200.jpg" width="320" /></a></div><br /><p></p><p></p><p style="margin: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt;">2020 has been a busy year for Paytm.<o:p></o:p></span></p>
<p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); -webkit-text-stroke-width: 0px; color: rgba(0, 0, 0, 0.84); font-variant-caps: normal; font-variant-ligatures: normal; line-height: 2.25rem; margin: 0cm; orphans: 2; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt;"><o:p> </o:p></span></p>
<p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); -webkit-text-stroke-width: 0px; color: rgba(0, 0, 0, 0.84); font-variant-caps: normal; font-variant-ligatures: normal; line-height: 2.25rem; margin: 0cm; orphans: 2; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt;">Despite COVID-19, the fintech giant hit new and
significant milestones in its pursuit of financial inclusion for a billion
Indians. From <strong style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0);"><span style="font-family: "Arial",sans-serif;">getting deeper into the insurance sector
to expanding its wealth management offerings,</span></strong> the company
has foraged hard for domains it can expand into against the background of a
global pandemic, and its efforts have paid off in this ever-changing,
uncertainty-ridden world we now live in.<o:p></o:p></span></p>
<p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); -webkit-text-stroke-width: 0px; color: rgba(0, 0, 0, 0.84); font-variant-caps: normal; font-variant-ligatures: normal; line-height: 2.25rem; margin: 0cm; orphans: 2; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt;"><o:p> </o:p></span></p>
<p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); -webkit-text-stroke-width: 0px; color: rgba(0, 0, 0, 0.84); font-variant-caps: normal; font-variant-ligatures: normal; line-height: 2.25rem; margin: 0cm; orphans: 2; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt;">Paytm has said in the past - and it keeps recapitulating
as often as it can - that <strong style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0);"><span style="font-family: "Arial",sans-serif;">financial inclusion is at the heart of
everything it does, </span></strong>whether it is providing a full-stack
digital savings bank account for India’s 190 million unbanked habitants, or
helping 63 million MSMEs get access to institutional financial services such as
loans and bookkeeping facilities.<o:p></o:p></span></p>
<p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); -webkit-text-stroke-width: 0px; color: rgba(0, 0, 0, 0.84); font-variant-caps: normal; font-variant-ligatures: normal; line-height: 2.25rem; margin: 0cm; orphans: 2; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt;"><o:p> </o:p></span></p>
<p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); -webkit-text-stroke-width: 0px; color: rgba(0, 0, 0, 0.84); font-variant-caps: normal; font-variant-ligatures: normal; line-height: 2.25rem; margin: 0cm; orphans: 2; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt;">What drove this kind of concerted effort that ultimately
helped Paytm pull off the growth it did in 2020 was keeping a steady finger on
the pulse of evolving consumer needs and demands, and meeting those demands in
the simplest, easiest way possible while keeping its financial inclusion aim in
its line of sight.<o:p></o:p></span></p>
<p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); -webkit-text-stroke-width: 0px; color: rgba(0, 0, 0, 0.84); font-variant-caps: normal; font-variant-ligatures: normal; line-height: 2.25rem; margin: 0cm; orphans: 2; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt;"><o:p> </o:p></span></p>
<p style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); -webkit-text-stroke-width: 0px; color: rgba(0, 0, 0, 0.84); font-variant-caps: normal; font-variant-ligatures: normal; line-height: 2.25rem; margin: 0cm; orphans: 2; text-align: start; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; widows: 2; word-spacing: 0px;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt;">Here's a look at some of Paytm's key milestones in 2020.<o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal" style="line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; mso-outline-level: 2;"><b><span style="color: #323232; font-family: "Arial",sans-serif; font-size: 18.0pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">Breaking new ground in wealth
management<o:p></o:p></span></b></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">Combining
the various parts of the financial world — investment banking, wealth
management, insurance, personal and business banking — into <b>one easily
accessible, tech-driven and most importantly, a user-focussed application</b> helps
put the power to control one’s finances back into their own hands. And
this <b>democratisation of finance</b> has been Paytm’s biggest
firepower in 2020.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;"><o:p> </o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">Two things
that corroborate that narrative are Paytm’s <b>launch of stockbroking
services</b> in September this year, and then its <b>IPO investing
service</b> earlier this week.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;"><o:p> </o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">To provide
some context — investment banks and stockbrokers had long enjoyed a monopoly
when it came to putting money in capital and debt markets before fintechs came
along and disrupted the sector. The Goldman Sachs and JPMorgans of the world
derived most of their revenue from their trading desks.<o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 5.0pt;"><b><span style="color: #323232; font-family: "Arial",sans-serif; font-size: 12.0pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">Fintechs
like Paytm have helped change the meaning of wealth management and investing
today by providing a heuristic approach to mutual funds, stocks, and IPO
trading. They’ve also made these tools accessible to the common man, at
affordable prices.<o:p></o:p></span></b></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">When Paytm
launched its stockbroking service in September, it wasn’t the first to provide
that service in India — Zerodha did that nearly a decade ago. But where Paytm
beats out its competitors is its <b>ability to cross-sell products</b> across
its various assets.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;"><o:p> </o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">For example,
while for any other online brokerage, acquiring a new customer would typically
cost more in terms of advertising, marketing, and onboarding dollars, Paytm manages
to avoid that by targeting users on any of its various platforms. It’s cheaper
for the startup to turn a kirana store owner that uses Paytm’s business app
onto its wealth management platform, Paytm Money, than it would be for an
online stockbroking platform to add a new user.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;"><o:p> </o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">Also, it’s
easier for Paytm to shop around its offerings <b>beyond metro or urban
areas</b> because it has already built a strong base in lower-tier cities
— a first-mover advantage that many up and coming fintechs don’t have today.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;"><o:p> </o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">By allowing
users to invest in stocks, Paytm has helped the common man become part of the
economy’s growth story, and with IPO investing, a part of a company’s growth
story.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; mso-outline-level: 2;"><b><span style="color: #323232; font-family: "Arial",sans-serif; font-size: 18.0pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">Bolstering the SMB sector<o:p></o:p></span></b></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">Paytm
stepped up when it came to <b>supporting SMBs facing existential crises</b> due
to the pandemic — whether it was launching an Android all-in-one POS machine
that enabled contactless payments, or helping them access quick loans devoid of
predatory interest rates.<o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">In December,
the fintech startup announced that it would <b>waive off all charges on
merchant transactions. </b>Essentially, merchants will no longer have to
pay anything to accept payments from Paytm Wallet. Additionally, Paytm said it
will absorb <b>Rs 600 crore in MDR</b> (merchant discount rate, a fee
paid by merchants to their banks for allowing them to accept digital payments)
to support MSMEs and help free up capital they can use to expand their
businesses.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;"><o:p> </o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">Paytm’s
various initiatives to help the SMB sector successfully navigate the pandemic
is expected to benefit more than<b> 17 million merchants</b> in its
ecosystem. By March 2021, the startup has said it aims to <b>disburse Rs
1,000 crore in collateral-free loans under its ‘merchant lending programme’.</b> For
the 63 million small businesses in India, collateral-free loans is a
dream-come-true because of the shortcomings of this largely unorganised sector
when it comes to keeping credible, verifiable financial records.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;"><o:p> </o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">Most loans
that SMBs get from banks and informal lenders are inundated with hefty interest
rates and compulsory collaterals.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; mso-outline-level: 2;"><b><span style="color: #323232; font-family: "Arial",sans-serif; font-size: 18.0pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">Growth in key numbers<o:p></o:p></span></b></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">Paytm
reported major growth in key numbers such as the total number of users,
transaction volumes and values, as well as added more new users versus 2019 —
starkly antithetical to its peers, as well as others in the startup community.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 5.0pt;"><b><span style="color: #323232; font-family: "Arial",sans-serif; font-size: 12.0pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">The
startup has handled 100 million UPI transactions this year, 350 million wallet
transactions and added 60 million more bank accounts, official data from the
company showed.<o:p></o:p></span></b></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><b><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">Revenue rose
to Rs 3,629 crore</span></b><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;"> in FY20, while burn rate <b>reduced by over 60 percent</b> in
the last 18 months, Paytm said.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;"><o:p> </o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><b><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">Contactless,
digital payments</span></b><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;"> that helped eliminate the need to handle and exchange cash also
helped power the growth in Paytm’s key numbers. But an even bigger factor that
accelerated the adoption of digital payment methods was the <b>growth in
ecommerce, especially during the lockdowns</b> as everyone took to online
shopping in a bid to limit contact with other people.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;"><o:p> </o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 13.5pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">With its
ever-expanding suite of services, Paytm is now<b> heavily targeting the
lower-tier markets </b>where it has a considerable presence.<o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal" style="line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; mso-outline-level: 2;"><b><span style="color: #323232; font-family: "Arial",sans-serif; font-size: 18.0pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">Super app dreams<o:p></o:p></span></b></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">Paytm is
often touted as <b>India’s first super app-in-the-making,</b> and
rightfully so — from financial services and online discovery platform for
small, neighbourhood stores, to an ecommerce and ticketing platform, the
startup does it all.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 5.0pt;"><b><span style="color: #323232; font-family: "Arial",sans-serif; font-size: 12.0pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">Already
among the most valuable financial startups in the world, Paytm’s rapid
expansion into different sectors in order to broaden its consumer base has
helped it compete with Indonesia’s GoJek and Singapore’s Grab, two of the
biggest super apps in the world.<o:p></o:p></span></b></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">With Paytm
First Games, the startup’s ambitions finally came to a head. Over the last
seven months of the coronavirus pandemic, the company has built a solid gaming
consumer base that rivals some of the biggest players in the industry.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;"><o:p> </o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">The launch
of its <b>Mini App Store </b>— a platform inside the fintech giant's
own app that lists applications of other companies — bolsters Paytm’s super app
offerings without the company really having to develop its own logistics chain.
The app platform was launched in retaliation to Google's 30 percent commission
decision via Play Store billing, which was protested by a lot of Indian
companies and app developers.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;"><o:p> </o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">Paytm put
up <b>Rs 10 crore</b> of its own money to fund mini-app developers on
its platform, and has said it will distribute these apps <b>for free</b> on
its flagship platform.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;"><o:p> </o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">More
than <b>300 app-based service providers</b> such as Decathlon, Ola,
Park+, Rapido, Netmeds, 1MG, Domino's Pizza, FreshMenu, and NoBroker, among
others have already joined the mini-apps programme.<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;"><o:p> </o:p></span></p>
<p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Arial",sans-serif; font-size: 12.0pt; letter-spacing: .15pt; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-IN;">With its
eggs in so many baskets already, what the fintech giant gets up to in 2021
remains to be seen. A Bernstein report recently said that Paytm, along with a
few other unicorns, could head for listing on an Indian bourse via an IPO next
year, although Vijay Shekhar Sharma has said that he will <b>consider an
IPO after 2021, once the company starts generating cash.</b><o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p><p></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="font-family: lora, serif; text-align: justify;">Sandip Ginodia , CEO</span></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><b style="color: #292929; font-family: lora, serif; font-size: 16px;"><i><span style="color: #548d3f; font-family: georgia, serif; font-size: 10pt;"><a href="http://www.abhisheksecurities.com/" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;" target="_blank"><span style="color: #548d3f;">A</span></a>LTIUS INVESTECH PVT LTD</span></i></b></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">We deal in over 60 unlisted companies with 15 years of experience </span></i></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">For latest prices visit : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><a href="http://www.abhisheksecurities.com/unlisted.htm" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;"><span style="color: #a3c330;">www.abhisheksecurities.com/unlisted.htm</span></a></span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;"> / call : 09830271248 .</span></i></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-family: Arial, sans-serif; font-size: 15pt;"><o:p><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">Email : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #a3c330; cursor: pointer;"><a href="mailto:ginodiasandip1@gmail.com" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;">ginodiasandip1@gmail.com</a></span></span></i></o:p></span></p>Abhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.com0tag:blogger.com,1999:blog-3669498017473908493.post-13658821554121539782020-12-04T22:56:00.001-08:002020-12-04T22:56:25.516-08:0010 teams will be divided into two groups - New format of IPL from 2021 season<p style="text-align: center;"> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgYgvYKvOIHnJpCsdj66ZVsxaelD6tkfJOdC0CSkK1tSP0sxTfVKJUJP-X0nWRbL0aOpt5w9YyOEywjxwL4r6B5ynf4xvTaMKj8xymV8WgLNHes8SZ75kClF9KBKZoTKAhNVTgx7rrrrh0Z/s322/download.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="157" data-original-width="322" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgYgvYKvOIHnJpCsdj66ZVsxaelD6tkfJOdC0CSkK1tSP0sxTfVKJUJP-X0nWRbL0aOpt5w9YyOEywjxwL4r6B5ynf4xvTaMKj8xymV8WgLNHes8SZ75kClF9KBKZoTKAhNVTgx7rrrrh0Z/s320/download.png" width="320" /></a></div><br /><p></p><p style="background-color: white; box-sizing: border-box; color: #292929; font-family: "Proxima Nova"; font-size: 20px; line-height: 1.6; margin: 0px 0px 3rem;">The Board of Control for Cricket in India <a href="https://www.crictracker.com/reports-bcci-to-approve-addition-of-two-new-ipl-teams-in-its-next-annual-general-meeting/" rel="noopener noreferrer" style="background-color: transparent; box-sizing: border-box; color: #09c6f9; outline: none; text-decoration-line: none;" target="_blank"><strong style="box-sizing: border-box;">(BCCI)</strong></a> is all set to approve the addition of two new teams in the upcoming Indian Premier League (IPL) season. The approval will reportedly be given in the Annual General Meeting of the board scheduled to take place on December 24. This isn’t the first time that the IPL will have 10 teams fighting for the glory.</p><div><p style="box-sizing: border-box; color: #292929; font-size: 20px; line-height: 1.6; margin: 0px 0px 3rem;">In 2011, 10 teams had featured in the season while in the next two editions of the T20 extravaganza, nine teams had taken part. And now with the BCCI likely to approve two new teams, the IPL 2021 is also set to have 10 teams. Earlier, it was reported that only one team will be added ahead of the next season while the 10th franchise will be added the following season.</p><p style="box-sizing: border-box; color: #292929; font-size: 20px; line-height: 1.6; margin: 0px 0px 3rem;"></p><div class="ad-block-container ad-below-subtitle" id="between-para-div2" style="box-sizing: border-box; margin: 10px auto; position: relative; text-align: center;"><p id="between-para-tag2" style="-webkit-text-stroke-width: 0px; background-color: white; box-sizing: border-box; color: #292929; display: block !important; font-family: arial; font-size: 20px; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; font-weight: 400; letter-spacing: normal; line-height: 1.6; margin: 0px 0px 3rem; orphans: 2; position: relative; text-align: center; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; text-indent: 0px; text-transform: none; top: 0px; white-space: normal; widows: 2; word-spacing: 0px; z-index: 1;"></p><div id="between-para-ad2" style="-webkit-text-stroke-width: 0px; background-color: white; box-sizing: border-box; color: #333333; font-family: "Proxima Nova"; font-size: 14px; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; font-weight: 400; letter-spacing: normal; line-height: 0; orphans: 2; text-align: center; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><div data-google-query-id="CJaOpP6ftu0CFbOX5godTw4ApA" id="div-gpt-ad-1583748526132-3" style="box-sizing: border-box;"></div></div></div><p></p><p style="box-sizing: border-box; color: #292929; font-size: 20px; font-weight: 400; line-height: 1.6; margin: 0px 0px 3rem;">However, the franchises were reportedly not happy with this as two mega auctions would’ve taken place in that case. Meanwhile, the addition of two new teams will now bring a spate of changes to the next IPL season.</p><h3 style="background-color: white; box-sizing: border-box; color: #292929; font-family: "Proxima Nova"; font-size: 23px; line-height: 32px; margin: 0px 0px 3rem;">What will be the format for IPL 2021?</h3></div><div><p style="background-color: white; box-sizing: border-box; color: #292929; font-family: "Proxima Nova"; font-size: 20px; line-height: 1.6; margin: 0px 0px 3rem;">Currently, the eight participating teams face each other twice in a round-robin format making it 14 matches in the league stage before the top four teams making it to the playoffs. However, this number will reach to 18 after two teams are added which might lead to a lengthy IPL season and a lot of matches.</p></div><div><p style="background-color: white; box-sizing: border-box; color: #292929; font-family: "Proxima Nova"; font-size: 20px; line-height: 1.6; margin: 0px 0px 3rem;">But according to Times of India, there will be a change in the format in IPL 2021 and the organisers are pondering to revert to the one used back in 2011. As per the format in 2011, 10 teams will be divided into two groups of five with all the sides playing 14 matches only in the league stages – facing the other four teams in their group twice (home game and away game), facing four teams in other group once and then the remaining team twice.</p></div><div><p style="background-color: white; box-sizing: border-box; color: #292929; font-family: "Proxima Nova"; font-size: 20px; line-height: 1.6; margin: 0px 0px 3rem;">A random draw was used to determine groups and select which team plays against the other once or twice. The format seemed complicated but it saved a lot of time for the BCCI then.</p><div><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="font-family: lora, serif; text-align: justify;">Sandip Ginodia , CEO</span></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><b style="color: #292929; font-family: lora, serif; font-size: 16px;"><i><span style="color: #548d3f; font-family: georgia, serif; font-size: 10pt;"><a href="http://www.abhisheksecurities.com/" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;" target="_blank"><span style="color: #548d3f;">A</span></a>LTIUS INVESTECH PVT LTD</span></i></b></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">We deal in over 60 unlisted companies with 15 years of experience </span></i></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">For latest prices visit : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><a href="http://www.abhisheksecurities.com/unlisted.htm" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;"><span style="color: #a3c330;">www.abhisheksecurities.com/unlisted.htm</span></a></span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;"> / call : 09830271248 .</span></i></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-family: Arial, sans-serif; font-size: 15pt;"><o:p><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">Email : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #a3c330; cursor: pointer;"><a href="mailto:ginodiasandip1@gmail.com" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;">ginodiasandip1@gmail.com</a></span></span></i></o:p></span></p></div><p style="background-color: white; box-sizing: border-box; color: #292929; font-family: "Proxima Nova"; font-size: 20px; line-height: 1.6; margin: 0px 0px 3rem;"></p><p style="background-color: white; box-sizing: border-box; color: #292929; font-family: "Proxima Nova"; font-size: 20px; line-height: 1.6; margin: 0px 0px 3rem;"></p><p style="background-color: white; box-sizing: border-box; color: #292929; font-family: "Proxima Nova"; font-size: 20px; line-height: 1.6; margin: 0px 0px 3rem;"></p><p style="background-color: white; box-sizing: border-box; color: #292929; font-family: "Proxima Nova"; font-size: 20px; line-height: 1.6; margin: 0px 0px 3rem;"></p><p style="background-color: white; box-sizing: border-box; color: #292929; font-family: "Proxima Nova"; font-size: 20px; line-height: 1.6; margin: 0px 0px 3rem;"></p><div class="ad-block-container ad-above-tags" id="above-tags-div" style="background-color: white; box-sizing: border-box; color: #333333; font-family: "Proxima Nova"; font-size: 14px; margin: -12px -16px 20px; position: relative; text-align: center;"></div></div>Abhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.com0tag:blogger.com,1999:blog-3669498017473908493.post-74223124816326801502020-12-04T22:46:00.001-08:002020-12-04T22:46:11.137-08:00SEBI awaits BSE's reply on Future-Reliance deal before go-ahead<p style="text-align: center;"> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi2R3_pCemoFCw-pXxiSlHtPSyVxzLy6rW-Bb48TbcPGC56LvL8YPLqtL79ZB7QaoGq08oEa3v9NlSxrRrkUmu22inOiiw3s7keR9m7RZvfoksrKf1gHQ2yuH5rS30nlMOsq6lqlywhu6oh/s266/images.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="190" data-original-width="266" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi2R3_pCemoFCw-pXxiSlHtPSyVxzLy6rW-Bb48TbcPGC56LvL8YPLqtL79ZB7QaoGq08oEa3v9NlSxrRrkUmu22inOiiw3s7keR9m7RZvfoksrKf1gHQ2yuH5rS30nlMOsq6lqlywhu6oh/s0/images.png" /></a></div><br /><p></p><p><a href="https://retail.economictimes.indiatimes.com/tag/markets+regulator+sebi" style="background-color: white; box-sizing: border-box; color: #00afdf; cursor: pointer; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px; text-decoration-line: none;">Markets regulator Sebi</a><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;"> has sought some "clarification" from leading </span><a href="https://retail.economictimes.indiatimes.com/tag/stock+exchange+bse" style="background-color: white; box-sizing: border-box; color: #00afdf; cursor: pointer; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px; text-decoration-line: none;">stock exchange BSE</a><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;"> before giving its go-ahead to the Rs 24,713 crore deal between </span><a href="https://retail.economictimes.indiatimes.com/tag/future+group" style="background-color: white; box-sizing: border-box; color: #00afdf; cursor: pointer; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px; text-decoration-line: none;">Future group</a><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;"> and Mukesh Ambani's Reliance Industries Ltd.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">In an update on November 27, the regulator said it is awaiting a reply to the "clarification" sought from the stock exchange on the draft composite scheme of arrangement between Future Group companies and Reliance Group companies.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">When contacted, a BSE spokesperson on Thursday said, "in the draft composite scheme of arrangement between Future Group and Reliance Group till date Sebi has not sought any clarification from BSE with regard to the NOC".</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /></p><p><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">The bourse gave its NOC (No Objection Certificate) for the scheme on November 6.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">Scheme of arrangement is a court-approved agreement between a company and its shareholders or creditors.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">According to sources, there are certain complaints registered on Sebi's SCORES platform which are yet to be resolved and the awaited clarification may be related to those pending complaints rather than specifically about the deal.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">The markets watchdog has sought clarification from the exchange on the unresolved investors complaints registered on SCORES, they added.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">Resolution of pending investor complaints is required before regulatory approvals.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">In August, Reliance Industries announced acquisition of Future Group for Rs 24,713 crore to bolster its fast growing retail business.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">E-commerce major Amazon has opposed the deal.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">Earlier, Amazon had written to Sebi and stock exchanges, urging them to take into consideration the Singapore arbitrator's interim judgement that put on hold the deal between Future group and Reliance Industries while reviewing the proposed transaction.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">Under the proposed deal, </span><a href="https://retail.economictimes.indiatimes.com/tag/reliance+retail+ventures+ltd" style="background-color: white; box-sizing: border-box; color: #00afdf; cursor: pointer; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px; text-decoration-line: none;">Reliance Retail Ventures Ltd</a><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;"> (RRVL), subsidiary of Reliance Industries, will acquire the retail and wholesale business and the logistics and warehousing business of Future Group.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /></p><div class="in-page-promotions-buckets-featured featured_section_disabled bucket-position-in_page inpromorendered" data-bucket-design="3" data-bucket-id="3" data-bucket-limit="2" data-bucket-position="in_page" data-ftd-callback="inPagePromoCallback" data-ftd-params="design=3&limit=2&entity_type=all&position=in_page&bucket_id=3&rendered_items=0&rendered_items=0" data-ftd-type="in-page-promotions" data-type="in-page-promotions" id="in-page-promotions_in_page_2_79565005" style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;"></div><p><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">In November, </span><a href="https://retail.economictimes.indiatimes.com/tag/the+competition+commission+of+india" style="background-color: white; box-sizing: border-box; color: #00afdf; cursor: pointer; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px; text-decoration-line: none;">the Competition Commission of India</a><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;"> (CCI) approved the proposed deal.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">Last year, Amazon bought 49 per cent stake in one of Future Group's unlisted firms, with the right to buy into the listed flagship Future Retail Ltd.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;">Amazon has claimed that its contract with the unlisted Future Coupons Ltd barred a transaction with a number of persons and companies, including Reliance.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px; margin: 0px; padding: 0px;" /></p><p><span style="background-color: white; color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 17px;"><br /></span></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="font-family: lora, serif; text-align: justify;">Sandip Ginodia , CEO</span></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><b style="color: #292929; font-family: lora, serif; font-size: 16px;"><i><span style="color: #548d3f; font-family: georgia, serif; font-size: 10pt;"><a href="http://www.abhisheksecurities.com/" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;" target="_blank"><span style="color: #548d3f;">A</span></a>LTIUS INVESTECH PVT LTD</span></i></b></p><p style="background-color: white; box-sizing: border-box; color: #282828; font-family: "Noto Serif", serif; font-size: 18px; line-height: 32px; margin: 0px !important; padding: 0px 0px 15px;"><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; 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font-size: 9.5pt;"> / call : 09830271248 .</span></i></p><p style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"></p><p class="MsoNormal" style="background-color: white; color: #292929; font-family: Lora, serif; font-size: 16px;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: black; font-family: Arial, sans-serif; font-size: 15pt;"><o:p><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="color: #333333; font-family: georgia, serif; font-size: 9.5pt;">Email : </span></i><i style="color: #292929; font-family: lora, serif; font-size: 16px;"><span style="font-family: georgia, serif; font-size: 9.5pt;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #a3c330; cursor: pointer;"><a href="mailto:ginodiasandip1@gmail.com" style="background: transparent; color: #25a186; cursor: pointer; text-decoration-line: none;">ginodiasandip1@gmail.com</a></span></span></i></o:p></span></p>Abhishek Securitieshttp://www.blogger.com/profile/14261272774788626147noreply@blogger.com0