Money Bazaar NSE

Independent Market Ambareesh Baliga' s picks He says Tata steel has been bottomed out. China steel production cut and global increase in steel prices helps Steel sector and so will help Tata Steel. So its a buy for Tata Steel for the next two years. Another stock he recommended is Bank of Baroda from current levels to up to 140. United Spirits Expect Barley and glass bottle prices to increase by 15% by March. These are the raw materials and if this increases , margins will decrease unless they increase the price of their products.

A trip to the doctor's, one will find every patient waiting for their turn looking into their phones checking for whatsapp, reading news, watching TikTok perhaps and kids watching Youtube or voot. Go to Mall, you will find kids and adults doing the same. At a birthday party, you can find elderly out in a corner with a phone near his ear listening to video perhaps. The same goes for a person while travelling via bus or train. Why? You can even find someone reading and messaging back while waiting for the signal to go green. Amazing!!! Now before you think this page about world going bad because of mobile phones, I can assure you its not.!! Its About Pricing Before Jio entered into Telcos, there was more of  Voice calls and sms. Less of data. With the introduction of 4G and along with it freebies of voice and data , the scenario changed. You can watch anything, anywhere at dirt cheap prices. Prices that are the lowest in the world.  Not for long my friend!...

What is AGR? AGR stands for Adjusted Gross Revenue. The events that led to this recent Supreme Court judgment started in 1999 when Department of Telecom(DoT) said the Telcos should pay more than what they were paying for. The Telcos made up of Vodafone and Airtel at that time were paying tax only for the revenue that they got from each user. The DoT wanted them to pay for non-core such as  such as rent, profit on sale of fixed assets, dividend, interest and miscellaneous income. COAI disputes with DoT In 2005, COAI ( Cellular Operators Association of India) disagreed with the definition of AGR. They contended that they were sharing revenue for all the licensed activities. But they dont see any need to share any revenue when it comes to non core activity. All this while , Airtel ,Vodafone and Idea has been in their prime. they were making progress in different location and their profits were on the rise.  Jio Disruption Jio launched its operations in first quarter ...

What it is about? Imagine a company that took debt from banks who are secure creditors and from operational creditor. This company at a later date is not able to repay this loan. The company will then proceed to NCLT proceedings. Then a problem arises. To whom should the company pay with the money from its assets. Its Operational creditors or financial creditors. The judgment today addresses this issue. Operational creditors are those that gave their services to this company who could not pay back as no cash is available. Why is it important? If the Supreme Court favor the Operational creditor, then it have an impact on the entire banking system. The Banks which is already stressed will think twice before lending and in this financial environment where demand is low, only liquidity helps is being throttled at its source.  Not just that, Banks will increase loan interest rate if the judgement is in favor of Operational Creditor. This is have major implications in a credit b...