Goldmine Update : 04/06/2019

The Government also has not done enough to reduce the cost of land, labour, capital and Power. Once that is done, India will be able to compete globally. LAND Somehow the Government must prick the land asset bubble, so that the land is available at a cheaper rate and easily....

Goldmine Update : 29/05/2019

India’s shadow banks are likely to see a further squeeze on their profit margins after the Reserve Bank of India signaled it will tighten liquidity requirements to bring them in line with the country’s more closely regulated commercial banks. Instead of providing a much-expected liquidity window to non-bank finance companies...

Goldmine Update : 07/05/2019

The way Indian indices are designed leaves a lot to be desired. Companies with profits in excess of Rs 20000 crores are having weightages of less than 0.8%. Companies with profits of Rs 5000-6000 crores are having weightages as high as 6- 7%. This is a huge disparity created by...

Godmine Update – 03/05/2019

Jet Airways, IL&FS & its impact Jet Airways is gone and it is quite difficult to revive this company. This Government has not helped any industrialist and this case is not different. The policy is clear either bail out yourself or shut down your business. Sell off the assets and...

Godmine Update – 02/05/2019

Nifty Behavior The next one and a half months, the focus will be both on earnings, elections and newer indicators thrown up by the economy. There is a scope that the markets can rally about 10% more from the current levels and that will discount at least four to five...

Goldmine Update – 02/04/19

About 13 stocks in the Nifty now constitute around 67% weightage while around 37 stocks constitute around 33% weightage. That is the skewed nature of the weightages of stocks in Nifty. It is an utterly manipulated index, where very large companies in both turnover profits and market cap command very...

Goldmine Update – 23/03/19

In what could turn into a mega partnership in the global automotive industry, Toyota Motor and Suzuki Motor have agreed to take concrete steps toward sharing more models, vehicle architectures and electrified vehicle technology. The discussion between the Japanese automakers is on three major subjects: sharing of electrified vehicle technology...

Goldmine Update – 19/03/19

Banks are rising on hopes of recovery in NPAs through NCLT mechanism. The mechanism is still slow and full of legal hurdles A few cases have been resolved. Also, looking at the slow and long legal process seen in case of Essar Steel, potential buyers could stay away in future...

Goldmine Update – 15/03/19

Private corporate investment plans have fallen for the seventh year in a row on account of economic slowdown, poor project appraisals and huge corporate leveraging, RBI study showed. The bank funds stuck in the projects that failed to take off, abandoned or stalled rose three times to over Rs 10...

Goldmine Update – 05/03/19

The economic data is still weak For economy to grow, we need to grow both domestic consumption and exports. If we were to increase domestic consumption, we need to bring down the costs of acquisition of autos and its running maintenance, bring down costs of housing. Also the capex is...