Development of a nuclear fusion reactor is the Holy Grail of clean energy that scientists have been striving to find for decades. So reports about scientists at California-based Lawrence Livermore National Laboratory (LLNL) achieving a “net energy gain” from an experimental fusion reactor signal a game changer. That’s because, for the first time, a fusion … Read more
A handful of successful real estate investors agree that mortgage interest rates aren’t too high. Of course, they’re higher than what we saw last year, but that was a unique situation. Rather than letting market conditions dictate how you invest, focus on what you can control. A handful of successful real estate investors agree: Stop … Read more
The Pentagon announced that up to $9 billion worth of cloud-computing contracts were awarded to Google, Oracle, Amazon, and Microsoft. In a statement, the U.S. Department of Defense said, “The purpose of this contract is to provide the Department of Defense with enterprise-wide, globally available cloud services across all security domains and classification levels, from … Read more
IIFL has decided to streamline the focus and remove the business overlap amongst it’s group entities, 5Paisa Capital and IIFL Securities (IIFLS). Pursuant to the reorganisation, Online Retail Trading (ORT) Business of IIFLS is being transferred to 5Paisa. The business being transferred is where customers are digital savvy and/ or millennials. They only need a … Read more
The proposed launch by Dabur will be under the “Fem” brand. Initially it will be only available on Flipkart. Later it will be rolled out to other channels. This strategy seems somewhat counter intuitive given Dabur’s otherwise existing strong offline distribution network. Sanitary Napkin segment in India is witnessing increasing interest that is dominated by … Read more
At this stage, it’s only a MOU that has been announced by Amara Raja with the State of Telangana. What finally comes out of it remains to be seen. (It’s important to keep a track of these announcements as it helps in understanding management’s promises vs delivery over period) Key announcements – Proposed facility will … Read more
Shriram Finance (SFL) is the consolidated NBFC arm of the Shriram group. It is formed through the merger of Shriram Transport Finance (STFC), Shriram City Union Finance (SCUF) and Shriram Capital (SC). The management has shared the following key pointers on the way ahead – In next 3 years, Vehicle loans will reduce from 77% … Read more