The black box records all relevant flight data, in addition to conversation in the cockpit.The "black box" is made up of two separate pieces of equipment: the flight data recorder (FDR) and a cockpit voice recorder (CVR). . “Black boxes” are most commonly installed in the rear of the aircraft where they are more likely to survive the impact of a crash.
Black boxes aren’t indestructible, but they’re certainly tough. They have to be able to survive:
Impact of up to 3400Gs
Exposure to fire of 1100°C for up to 30 minutes
Immersion up to 20′000 feet.
💁🏻♂️ *GK TODAY*
*BRICS* association of five major emerging national economies: Brazil, Russia, India, China and South Africa.
*Estb* : 2009 & in 2015 South Africa was included.
💐 *BORN TODAY*🐣
Sunil Manohar Gavaskar (Born 10 July 1949), often known as Sunny Gavaskar, is a former Indian international cricketer who played from the early 1970s to the late 1980s for the Bombay cricket team and Indian national team. In 2012, he was awarded the Col CK Nayudu Lifetime Achievement Award for Cricket in India. He was the first person to score centuries in both innings of a Test match three times. He was the first Test batsman to score 10,000 Test runs in a career and now stands at number 12 on the group of 13 players with 10,000+ Test runs.
🛕 *VEDIK GNAN*
*Symbolic representation of Lord Brahma,* The Creator according to Santana Dharma.
His four faces symbolize the four Vedas, namely,
the Rigveda,
the Yajurveda,
the Samaveda and
the Atharvaveda.
His four hands reflect the four aspects of human nature,
*Mind, Intellect, Ego, and Conditioned Consciousness.*
His four hands are shown holding a variety of objects such as Rosary, a water pot, a book ( the Vedas ),a Lotus.
*Water pot* : It represents that the whole Universe evolves out of water
The *Vedas* have evolved from Brahma’s four faces, so Lord Brahma holds the book in his hands.
*Lotus* : Lord Brahma has evolved from the Lotus that sprouted from Lord Vishnu’s navel, (represents a baby in the mother womb connect with her navel)
Brahma holds a *Rosary( beaded Mala),* which he uses to keep track of the Universe's time.
👍
Lord Brahma is often seen riding a *swan* , his sacred vehicle for which he travels upon. The swan is a supposed to symbolize grace.
🧬 *HEALTH CARE: HOME REMEDIES*🩺
( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)
*How to Get Rid of Dandruff*
Dandruff is a scalp condition which is caused by a fungus, Malassezia, which feeds on sebum (the oily matter secreted by the sebaceous glands on our scalp) and the dead skin cells which occur naturally due to formation of new skin.
Start Washing Your Hair More Often
1. Boil some Neem leaves in water and afterwards dilute by adding some water and have a head bath.
2. Aloevera : Applying aloevera thick paste to scalp and have a bath afterwards.
3. Lemongrass oil has antimicrobial and anti-inflammatory properties that may help reduce dandruff symptoms.
4. Using of Reetha Soap Nuts to hairs thrice in a week.
╭──────────────────╮
*🙏PLZ FOLLOW GOVT. NORMS, MAINT SOCIAL DISTANCE, KEEP YOURSELF ©YOUR FAMILY SAFE🌼*
╰──────────────────╯
Black boxes aren’t indestructible, but they’re certainly tough. They have to be able to survive:
Impact of up to 3400Gs
Exposure to fire of 1100°C for up to 30 minutes
Immersion up to 20′000 feet.
💁🏻♂️ *GK TODAY*
*BRICS* association of five major emerging national economies: Brazil, Russia, India, China and South Africa.
*Estb* : 2009 & in 2015 South Africa was included.
💐 *BORN TODAY*🐣
Sunil Manohar Gavaskar (Born 10 July 1949), often known as Sunny Gavaskar, is a former Indian international cricketer who played from the early 1970s to the late 1980s for the Bombay cricket team and Indian national team. In 2012, he was awarded the Col CK Nayudu Lifetime Achievement Award for Cricket in India. He was the first person to score centuries in both innings of a Test match three times. He was the first Test batsman to score 10,000 Test runs in a career and now stands at number 12 on the group of 13 players with 10,000+ Test runs.
🛕 *VEDIK GNAN*
*Symbolic representation of Lord Brahma,* The Creator according to Santana Dharma.
His four faces symbolize the four Vedas, namely,
the Rigveda,
the Yajurveda,
the Samaveda and
the Atharvaveda.
His four hands reflect the four aspects of human nature,
*Mind, Intellect, Ego, and Conditioned Consciousness.*
His four hands are shown holding a variety of objects such as Rosary, a water pot, a book ( the Vedas ),a Lotus.
*Water pot* : It represents that the whole Universe evolves out of water
The *Vedas* have evolved from Brahma’s four faces, so Lord Brahma holds the book in his hands.
*Lotus* : Lord Brahma has evolved from the Lotus that sprouted from Lord Vishnu’s navel, (represents a baby in the mother womb connect with her navel)
Brahma holds a *Rosary( beaded Mala),* which he uses to keep track of the Universe's time.
👍
Lord Brahma is often seen riding a *swan* , his sacred vehicle for which he travels upon. The swan is a supposed to symbolize grace.
🧬 *HEALTH CARE: HOME REMEDIES*🩺
( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)
*How to Get Rid of Dandruff*
Dandruff is a scalp condition which is caused by a fungus, Malassezia, which feeds on sebum (the oily matter secreted by the sebaceous glands on our scalp) and the dead skin cells which occur naturally due to formation of new skin.
Start Washing Your Hair More Often
1. Boil some Neem leaves in water and afterwards dilute by adding some water and have a head bath.
2. Aloevera : Applying aloevera thick paste to scalp and have a bath afterwards.
3. Lemongrass oil has antimicrobial and anti-inflammatory properties that may help reduce dandruff symptoms.
4. Using of Reetha Soap Nuts to hairs thrice in a week.
╭──────────────────╮
*🙏PLZ FOLLOW GOVT. NORMS, MAINT SOCIAL DISTANCE, KEEP YOURSELF ©YOUR FAMILY SAFE🌼*
╰──────────────────╯
Kitex enters Telangana with initial investment of Rs 1,000 crore
https://www.moneycontrol.com/news/business/kitex-enters-telangana-with-initial-investment-of-rs-1000-crore-announces-kt-rama-rao-7152461.html
https://www.moneycontrol.com/news/business/kitex-enters-telangana-with-initial-investment-of-rs-1000-crore-announces-kt-rama-rao-7152461.html
Moneycontrol
Kitex enters Telangana with initial investment of Rs 1,000 crore
The investment would generate jobs for around 4,000 people in Telangana, Kitex Garments MD Sabu M Jacob said. The announcement comes days after the company decided to withdraw its investment plan in Kerala citing the "harassment" by state officials.
*Tycoon Adani Seeks $1 Billion to Refinance Mumbai Airport Debt*
Indian tycoon Gautam Adani is seeking a loan of about 75 billion rupees ($1 billion) to refinance existing debt of Mumbai’s international airport, according to people familiar with the matter.
Barclays Plc and JPMorgan Chase & Co. are among banks in discussions to provide the funds to Adani Airport Holdings Ltd., the people said. Deutsche Bank AG is also in talks to help with the financing, one of the people said.
Mumbai International Airport Ltd. has a debt of about 80 billion rupees, the people said, who asked not to be identified as the information is private.
A refinancing package would come after Adani Airport in August agreed to acquire the debt of GVK Airport Developers Ltd., which owns about 50.5% of the airport in the Indian financial hub. In February, Adani Airport completed the purchase of a 23.5% stake in the Mumbai airport by buying out two South African companies.
Representatives for Barclays, Deutsche Bank and JPMorgan declined to comment, while representatives for Adani and GVK didn’t immediately respond to requests for comment.
Indian tycoon Gautam Adani is seeking a loan of about 75 billion rupees ($1 billion) to refinance existing debt of Mumbai’s international airport, according to people familiar with the matter.
Barclays Plc and JPMorgan Chase & Co. are among banks in discussions to provide the funds to Adani Airport Holdings Ltd., the people said. Deutsche Bank AG is also in talks to help with the financing, one of the people said.
Mumbai International Airport Ltd. has a debt of about 80 billion rupees, the people said, who asked not to be identified as the information is private.
A refinancing package would come after Adani Airport in August agreed to acquire the debt of GVK Airport Developers Ltd., which owns about 50.5% of the airport in the Indian financial hub. In February, Adani Airport completed the purchase of a 23.5% stake in the Mumbai airport by buying out two South African companies.
Representatives for Barclays, Deutsche Bank and JPMorgan declined to comment, while representatives for Adani and GVK didn’t immediately respond to requests for comment.
*Tata Motors*
Doing everything to mitigate chip shortage issue, said Adrian Mardell, CFO, Jaguar Land Rover. Taken strong steps to streamline our supply chain and are in touch with the chip suppliers to gain visibility. Not expecting launches to be delayed because of the chip issue, he said. JLR’s total inventory is at 74,000 units at the end of June.
Doing everything to mitigate chip shortage issue, said Adrian Mardell, CFO, Jaguar Land Rover. Taken strong steps to streamline our supply chain and are in touch with the chip suppliers to gain visibility. Not expecting launches to be delayed because of the chip issue, he said. JLR’s total inventory is at 74,000 units at the end of June.
*Tata Steel*
CARE upgraded long term credit rating on the company to AA+ from AA and the outlook to Stable from Negative.
CARE upgraded long term credit rating on the company to AA+ from AA and the outlook to Stable from Negative.
💎 *22 Pearls of financial wisdom* 💎
*1) Bonds are for storing wealth and equities are for creation of wealth*.
*2) In my opinion, the biggest asset one can have is zero debt*.
*3) The greatest discipline in personal finance is living below your means*.
*4) As Ben Carlson says, emotions cannot be back tested. That’s why past bear market always looks like opportunities and future ones scary*.
5) Early financial independence and early retirement are completely different. To me, the former is a blessing and the latter is a curse.
*6) Don’t think how it would have been if you’ve started 10 years ago. Start today and visualise how you would feel 10 years from now*.
7) The neighbourhood we live determines our life style & spending. Need to be careful in choosing one which matches our goals and personality.
*8) Paying minimum balance regularly on credit card is the maximum sign that you’re getting into debt trap*.
9) Many are long term investors till next bear market.
*10) Don’t take aggressive bets. Take measured risk. Remember one blunder can push you back by a decade or more in terms of wealth*.
11) Big money can be made through high savings, wise investing and lots of patience.
*12) One sign of progress in individual investor’s portfolio is no churn or very less churn*.
13) Trying to get rich fast is a foolproof way to lose what we have.
*14) Losing opportunities is far better than losing money. Don’t invest in fads*.
15) “Making as much money as quickly as possible” is not an investment strategy. Unfortunately for most of us that is the strategy.
*16) Aggressive strategy cannot be a substitute for high savings. Save high and take moderate risk than saving less and taking high risk*.
17) The day we realise not losing is as important as winning; we would stop blindly chasing returns.
*18) Good periods are more than bad periods. By not timing, though we go through bad periods, do not miss even a single good period*.
19) We’ll stop looking for quick money the moment we consider stocks as businesses and realise that our wealth grows in line with business growth.
*20) There are periods of high returns, low returns, no returns and negative returns. We need to go through all these to get long term returns*.
21) Listening to market forecasts is not only useless but can be very harmful too; if you start acting on them.
*22) The hard truth is only around 3% of our population are in a position to aspire for financial independence. Don’t waste this rare privilege*.
*1) Bonds are for storing wealth and equities are for creation of wealth*.
*2) In my opinion, the biggest asset one can have is zero debt*.
*3) The greatest discipline in personal finance is living below your means*.
*4) As Ben Carlson says, emotions cannot be back tested. That’s why past bear market always looks like opportunities and future ones scary*.
5) Early financial independence and early retirement are completely different. To me, the former is a blessing and the latter is a curse.
*6) Don’t think how it would have been if you’ve started 10 years ago. Start today and visualise how you would feel 10 years from now*.
7) The neighbourhood we live determines our life style & spending. Need to be careful in choosing one which matches our goals and personality.
*8) Paying minimum balance regularly on credit card is the maximum sign that you’re getting into debt trap*.
9) Many are long term investors till next bear market.
*10) Don’t take aggressive bets. Take measured risk. Remember one blunder can push you back by a decade or more in terms of wealth*.
11) Big money can be made through high savings, wise investing and lots of patience.
*12) One sign of progress in individual investor’s portfolio is no churn or very less churn*.
13) Trying to get rich fast is a foolproof way to lose what we have.
*14) Losing opportunities is far better than losing money. Don’t invest in fads*.
15) “Making as much money as quickly as possible” is not an investment strategy. Unfortunately for most of us that is the strategy.
*16) Aggressive strategy cannot be a substitute for high savings. Save high and take moderate risk than saving less and taking high risk*.
17) The day we realise not losing is as important as winning; we would stop blindly chasing returns.
*18) Good periods are more than bad periods. By not timing, though we go through bad periods, do not miss even a single good period*.
19) We’ll stop looking for quick money the moment we consider stocks as businesses and realise that our wealth grows in line with business growth.
*20) There are periods of high returns, low returns, no returns and negative returns. We need to go through all these to get long term returns*.
21) Listening to market forecasts is not only useless but can be very harmful too; if you start acting on them.
*22) The hard truth is only around 3% of our population are in a position to aspire for financial independence. Don’t waste this rare privilege*.
Dear All,
Nirmal Bang is inviting you to a Zoom webinar.
When: Jul 12, 2021 08:45 AM India
Topic: Morning Market Update
Register in advance for this webinar:
https://us02web.zoom.us/webinar/register/WN_8eCbRFafTjq8dgD453NYfg
After registering, you will receive a confirmation email containing information about joining the webinar.
Nirmal Bang is inviting you to a Zoom webinar.
When: Jul 12, 2021 08:45 AM India
Topic: Morning Market Update
Register in advance for this webinar:
https://us02web.zoom.us/webinar/register/WN_8eCbRFafTjq8dgD453NYfg
After registering, you will receive a confirmation email containing information about joining the webinar.
Zoom Video Communications
Welcome! You are invited to join a webinar: Morning Market Update. After registering, you will receive a confirmation email about…
Reserve Bank of India has approved re-appointment of Mr. Shyam Srinivasan as the MD & CEO of Federal Bank for a period of three years with effect from September 23, 2021 till September 22, 2024. *Positive*
RattanIndia’s Revolt Motors announces VOLT; first of its kind in the Automotive segment https://www.dsij.in/DSIJArticleDetail/ArtMID/10163/ArticleID/19253/RattanIndia%e2%80%99s-Revolt-Motors-announces-VOLT-first-of-its-kind-in-the-Automotive-segment#.YOX3bMLI0SE.whatsapp
Dalal Street Investment Journal
RattanIndia’s Revolt Motors announces VOLT; first of its kind in the Automotive segment
India’s next gen-mobility company, RattanIndia’s Revolt Motors is going to launch Vehicle Online Tracking system (VOLT) for its customers who have booked its Revolt...
Urgent call: Vodafone Idea seeks to raise up to $3 billion from Apollo Global
https://economictimes.indiatimes.com/industry/telecom/telecom-news/urgent-call-vodafone-idea-seeks-to-raise-up-to-3b-from-apollo-global/articleshow/84285705.cms
https://economictimes.indiatimes.com/industry/telecom/telecom-news/urgent-call-vodafone-idea-seeks-to-raise-up-to-3b-from-apollo-global/articleshow/84285705.cms
The Economic Times
Urgent call: Vodafone Idea seeks to raise up to $3 billion from Apollo Global
At present, UKs Vodafone Group Plc and the Aditya Birla Group own 44.39% and 27.66%, respectively, in Vi as its co-promoters.
*Zomato: Analyst meet Highlights*
Zomato is seeking a valuation of up to ~INR600bn (~USD8bn) for IPO, implies 30x FY21 Sales. This compares to the latest funding round completed in Feb-21, when Zomato raised funding at a post money valuation of USD5.4bn. It targets to raise INR93.75bn via IPO, including fresh issue of INR90bn (USD1.2bn). The offer also comprises of OFS worth INR3.75bn by existing investor (InfoEdge). As per the discussion during the call, valuations for the IPO are arrived based on discussion with various investors across geographies on sector/peer valuation.
On Analyst meet: Company highlighted of
1) *Under penetration* in Food ordering Industry which offers large scope of growth and penetration.
2) Zomato is all in *One food services platform* and is consolidated format of businesses of – global leaders like Yelp, Doordash, OpenTable.
3) *Improvement in Unit Economics*: Growing scale and order on the platform drive lower transaction cost (and improve Unit economics). Management feels business can be contribution positive over long term. Over time, benefit of scale will start showing in Food delivery business as fixed cost would remain stable.
4) *Usage of Cash on Balance Sheet*. Company would have INR150bn Cash on Balance Sheet post IPO. Company would deploy capital towards organic and Inorganic growth opportunities
5) *Competition*: Not fearful of competition including Amazon. Other platforms like Thrive is related to Order Direct and Company doesn’t see it as big threat and it isn’t a substitute to the Zomato platform.
6) *New businesses / Adjacencies*: Company targets to leverage current capabilities into expanding other related business. Core remains food, while Company would keep doing pilot in new segments like grocery (Recent Investment in Grofers), fitness (recent acquisition of Fitso), nutraceutical.
7) *High Average Order Value*: No view on forecast on Higher AOV which was witnessed in FY21. Lot of pull factors in determining the higher order value.
8) *Take Rates for Company*: Management feels take rates of Company are not high. Take rates are function of service offered which range from providing delivery service, customer support, tech support, scale of operations.
https://www.facebook.com/UnlistedExchange
Zomato is seeking a valuation of up to ~INR600bn (~USD8bn) for IPO, implies 30x FY21 Sales. This compares to the latest funding round completed in Feb-21, when Zomato raised funding at a post money valuation of USD5.4bn. It targets to raise INR93.75bn via IPO, including fresh issue of INR90bn (USD1.2bn). The offer also comprises of OFS worth INR3.75bn by existing investor (InfoEdge). As per the discussion during the call, valuations for the IPO are arrived based on discussion with various investors across geographies on sector/peer valuation.
On Analyst meet: Company highlighted of
1) *Under penetration* in Food ordering Industry which offers large scope of growth and penetration.
2) Zomato is all in *One food services platform* and is consolidated format of businesses of – global leaders like Yelp, Doordash, OpenTable.
3) *Improvement in Unit Economics*: Growing scale and order on the platform drive lower transaction cost (and improve Unit economics). Management feels business can be contribution positive over long term. Over time, benefit of scale will start showing in Food delivery business as fixed cost would remain stable.
4) *Usage of Cash on Balance Sheet*. Company would have INR150bn Cash on Balance Sheet post IPO. Company would deploy capital towards organic and Inorganic growth opportunities
5) *Competition*: Not fearful of competition including Amazon. Other platforms like Thrive is related to Order Direct and Company doesn’t see it as big threat and it isn’t a substitute to the Zomato platform.
6) *New businesses / Adjacencies*: Company targets to leverage current capabilities into expanding other related business. Core remains food, while Company would keep doing pilot in new segments like grocery (Recent Investment in Grofers), fitness (recent acquisition of Fitso), nutraceutical.
7) *High Average Order Value*: No view on forecast on Higher AOV which was witnessed in FY21. Lot of pull factors in determining the higher order value.
8) *Take Rates for Company*: Management feels take rates of Company are not high. Take rates are function of service offered which range from providing delivery service, customer support, tech support, scale of operations.
https://www.facebook.com/UnlistedExchange
*JSW Steel*: Steel Production volume up 65% in Q1FY22 to 5.07 MnT YoY vs 4.39 MnT and up 16% QoQ vs 4.39 Mnt.
Capacity utilisation at standalone level was at 91% in Q1FY22 vs 93% QoQ
QoQ higher production is on account of addition of Bhushan Power and Steel production from Q1.
Capacity utilisation at standalone level was at 91% in Q1FY22 vs 93% QoQ
QoQ higher production is on account of addition of Bhushan Power and Steel production from Q1.
ASHOKA BUILDCON: CO RECEIVED LOA FOR IRCON INTERNATIONAL LIMITED PROJECT || CONTRACT VALUE AT 4.82B RUPEES
TATA POWER: CO BAGS EMPANELMENT FOR 84MW ROOFTOP SOLAR PROJECT WORTH 4B RUPEES FROM KERALA STATE ELECTRICITY BOARD LIMITED
TATA POWER: CO BAGS EMPANELMENT FOR 84MW ROOFTOP SOLAR PROJECT WORTH 4B RUPEES FROM KERALA STATE ELECTRICITY BOARD LIMITED