TRIVEDI & BANG
Esop non-disclosure triggers black money law
A number of resident individuals working in Indian subsidiaries and arms of offshore parents have recently received notices from the Income Tax (I-T) department which has pointed out amounts that either went undisclosed or untaxed or both.
Foxconn may set up EV factory in India this year; ChrysCapital invests $100 million in Lenskart
Ending the week with a bang (and not a whimper) is this big piece of news: iPhone maker Foxconn is in talks with some Indian states to set the ball rolling regarding its plans to manufacture electric vehicles in India, sources have told us. Because the car is the new device? This and more in today’s ETtech Morning Dispatch.
Don’t see reason for a significant correction in Nifty, Sensex: Gautam Trivedi
“All the ingredients that caused the Nifty 50 to jump 140% and more since the lows of March of last year, are still pretty much in place -- low interest rates, global liquidity, liquidity in India, easy access to the market via your smartphone, e-KYC, zero commission brokerages and broadband speed. In 2020, foreigners and FIIs caused the market rally and 2021, local investors did the same. I do not see the trend getting disrupted any time soon. ”
If pace of vaccination picks up, avalanche of foreign money will return to market: Gautam Trivedi
“We have seen an 80% move in the Nifty50 in 2020. I do not see that happening until we get clarity on vaccinations. That remains the biggest stumbling block.”
Why the big bang in Indian defence sector is delayed
India has one of the world’s largest military budgets and also is the top arms importer. But, red tape discourages companies from investing into the sector.
Akshay Tritiya: Golds raining at CWG 2018, can investment hit the jackpot?
With gold already ruling at Rs 31,000, can bullion be a good investment bet for investors?
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Why analysts are betting on these select IT, pharma stocks despite industry downturn
Some mid-cap firms and stocks from the IT and the pharma sectors are positioned to take advantage of the current environment. Find out which ones.
How Railway Minister Suresh Prabhu, a CA, is trying to make railways more efficient & profitable
Railways is teaching what traffic accounting is all about, and how the cash collected from a platform ticket makes a long journey from the ticket counter to Nagpur.
Market indecisive? Top eight sectors where you can scour for value bets
Market veterans say despite several sectors and specific stocks quoting lofty valuations, this market is full of aberrations.
Candy-coloured evening: Shopcade launched in India with a bang
The fashion fraternity poured in to celebrate as Shopcade, winner of 2014's coolest app in Europe, launched in India with a bang.
Budget 2012: Re-reading the Hamlet
When William Shakespeare wrote the tragedy over 400 years ago, he probably had Budget 2012 in mind.
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