Oracle India steady on double-digit growth path, says Prasad Rai
Neha Alawadhi | 28/09/2021 | 17 hours ago
Over the last few years, Oracle India has witnessed double-digit growth, across all business lines, and its technology is helping customers grow faster, said Prasad Rai, vice-president, global strategic clients’ group, Oracle India.
“Over the last few years, Oracle India has witnessed double-digit growth in business, across each and every line of business (be it applications, technology, hardware or NetSuite, among others). Both of its cloud regions in the nation are fully operational. We are witnessing strong year-on-year (YoY) growth in software-as-a-service (SaaS) revenue, making India one of Oracle’s most important revenue drivers in the Asia-Pacific,” said Rai.
Oracle recently reported first quarter results for the financial year 2022. Its enterprise resource planning (ERP) revenue increased by 32 per cent, while NetSuite ERP revenue increased by 28 per cent.
Total quarterly revenue rose 4 per cent to $9.7 billion, while cloud services and licensing revenue went up 6 per cent to $7.4 billion on a YoY basis.
Rai said several industries have made great progress in digital adoption during the pandemic.
These include healthcare and pharmaceuticals, banking, financial services and insurance (BFSI), manufacturing, retail, and e-commerce.
“On the healthcare front, the pandemic has accelerated the transformation of healthcare in India with digital solutions led by artificial intelligence (AI)/machine learning (ML), virtual reality, augmented reality, and Internet of Things (IoT) becoming significant tools for healthcare providers.
The common denominator among all these industries is that they are proactively adopting cutting-edge technologies like AI/ML, blockchain, IoT and intelligent bots,” he added.
Among the clients, Oracle works with organisations like Omega Healthcare, Shri Ganga Ram Hospital, India Life Insurance, Croma, SBI Card, Hindalco, Bausch & Lomb, and so on.
To keep its customers safe, Oracle rolls out information four times a year to keep them updated with new technologies. It eliminates any issue they may be incurring as their business operations progress, Rai said.
“Companies like Oracle are investing in integrating AI and machine learning into everything that we do, as there is an explosion of data in the world. It is critical for businesses to have the right kind of algorithms in place that can generate patterns, and then translate into AI so as to provide insights that would not have been possible otherwise,” he said.
Rai also said that with growing digitisation, industries also face some challenges, including security breaches. And, on the healthcare side, challenges are around patient privacy, network blind spots, and process changes.
However, secured enterprise-grade solutions, such as the ones Oracle provides, are supporting them in overcoming these challenges.
“New and emerging technologies are empowering insurance companies to personalise their products and services for their customers across the value chain. Technology adoption is inevitable. It can streamline the sector and integrate back-end with front-facing customer processes to create insights driven by IT systems,” said Anjana Rao, chief strategy officer, IndiaFirst Life Insurance.
“ The Indian e-commerce market is expected to reach $200 billion by 2026, up from $38.5 billion in 2017. Furthermore, the number of smartphone users is growing by the day, and the smartphone’s role in e-commerce traffic is becoming increasingly important. Another huge shift we are seeing is in consumer preferences. Over the past year, consumers have experienced a simplified way of retail in the form of e-commerce and this is expected to shape their future preferences too,” said Bharath Reddy, vice-president, IT, Flipkart Group
Neha Alawadhi | 28/09/2021 | 17 hours ago
Over the last few years, Oracle India has witnessed double-digit growth, across all business lines, and its technology is helping customers grow faster, said Prasad Rai, vice-president, global strategic clients’ group, Oracle India.
“Over the last few years, Oracle India has witnessed double-digit growth in business, across each and every line of business (be it applications, technology, hardware or NetSuite, among others). Both of its cloud regions in the nation are fully operational. We are witnessing strong year-on-year (YoY) growth in software-as-a-service (SaaS) revenue, making India one of Oracle’s most important revenue drivers in the Asia-Pacific,” said Rai.
Oracle recently reported first quarter results for the financial year 2022. Its enterprise resource planning (ERP) revenue increased by 32 per cent, while NetSuite ERP revenue increased by 28 per cent.
Total quarterly revenue rose 4 per cent to $9.7 billion, while cloud services and licensing revenue went up 6 per cent to $7.4 billion on a YoY basis.
Rai said several industries have made great progress in digital adoption during the pandemic.
These include healthcare and pharmaceuticals, banking, financial services and insurance (BFSI), manufacturing, retail, and e-commerce.
“On the healthcare front, the pandemic has accelerated the transformation of healthcare in India with digital solutions led by artificial intelligence (AI)/machine learning (ML), virtual reality, augmented reality, and Internet of Things (IoT) becoming significant tools for healthcare providers.
The common denominator among all these industries is that they are proactively adopting cutting-edge technologies like AI/ML, blockchain, IoT and intelligent bots,” he added.
Among the clients, Oracle works with organisations like Omega Healthcare, Shri Ganga Ram Hospital, India Life Insurance, Croma, SBI Card, Hindalco, Bausch & Lomb, and so on.
To keep its customers safe, Oracle rolls out information four times a year to keep them updated with new technologies. It eliminates any issue they may be incurring as their business operations progress, Rai said.
“Companies like Oracle are investing in integrating AI and machine learning into everything that we do, as there is an explosion of data in the world. It is critical for businesses to have the right kind of algorithms in place that can generate patterns, and then translate into AI so as to provide insights that would not have been possible otherwise,” he said.
Rai also said that with growing digitisation, industries also face some challenges, including security breaches. And, on the healthcare side, challenges are around patient privacy, network blind spots, and process changes.
However, secured enterprise-grade solutions, such as the ones Oracle provides, are supporting them in overcoming these challenges.
“New and emerging technologies are empowering insurance companies to personalise their products and services for their customers across the value chain. Technology adoption is inevitable. It can streamline the sector and integrate back-end with front-facing customer processes to create insights driven by IT systems,” said Anjana Rao, chief strategy officer, IndiaFirst Life Insurance.
“ The Indian e-commerce market is expected to reach $200 billion by 2026, up from $38.5 billion in 2017. Furthermore, the number of smartphone users is growing by the day, and the smartphone’s role in e-commerce traffic is becoming increasingly important. Another huge shift we are seeing is in consumer preferences. Over the past year, consumers have experienced a simplified way of retail in the form of e-commerce and this is expected to shape their future preferences too,” said Bharath Reddy, vice-president, IT, Flipkart Group
Vodafone Idea ; Vodafone Idea Ceo says ‘Confident promoters will support this upcoming fund raise plan. Promoters have expressed to me clearly that will support this fund raise. Amounts and participation of promoter in fund raise is upto to them’
*List of companies with more than 50% Market Share:*
1) Maruti Suzuki (passenger cars)
2) APL Apollo (structural & pre galvanized tubes)
3) CDSL (investors accounts)
4) Interglobe Aviation (air traffic passengers)
5) GMM Pfaudler (glass lined equipment)
6) Asian Paints (decorative paints)
7) Colgate (oral care)
8) Symphony (coolers)
9) PGHH (female care & vaporub)
10) La Opala Rg (opalware)
11) HLE Glasscoat (filtration & drying equipment)
12) Delta Corp (online poker games)
13) Bajaj Auto (3W segment)
14) Vinati Organics (IBB)
15) OCCL (insoluble sulphur)
16) LMW (textile machinery)
17) Bajaj Consumer (almond hair oil)
18) Indiamart Intermesh (online B2B Classified space)
19) Vst Tillers (power tillers)
20) Sanghvi Movers (overall domestic crane hiring market)
21) Emami (antiseptic & male grooming)
*List of companies with more than 60% Market Share:*
1) Concor (domestic container cargo transport)
2) Exide (lead batteries)
3) Naukri (Indian job market space)
4) Praj (ethanol plant installing)
5) ACE (mobile & tower cranes)
6) Pidilite (adhesives)
7) Jamna Auto (leaf spring)
8) CAMS (RTA within mutual fund industry)
9) Time Technoplast (polymer based industrial packaging)
*List of companies with more than 70% Market Share:*
1) ITC (cigs)
2) Honda Siel (portable power generators)
3) Hindustan Zinc (primary zinc)
4) Asahi India Glass (automotive glass)
5) NRB Bearings (needle roller bearing)
6) Suprajit (2w cables)
7)Greaves Cotton (3w diesel engine)
*List of companies with more than 80% Market Share:*
1) Wabco (medium & heavy vehicles braking system)
2) MCX (commodity trading)
3) Coal India (coal production in India)
4) Eicher Motors (250 cc bikes category)
*List of companies with more than 90% Market Share:*
1) IEX (power trading)
2) Zydus Wellness (sugar free product)
*List of companies with 100% Market Share:*
1) IRCTC (rail network)
2) HAL
1) Maruti Suzuki (passenger cars)
2) APL Apollo (structural & pre galvanized tubes)
3) CDSL (investors accounts)
4) Interglobe Aviation (air traffic passengers)
5) GMM Pfaudler (glass lined equipment)
6) Asian Paints (decorative paints)
7) Colgate (oral care)
8) Symphony (coolers)
9) PGHH (female care & vaporub)
10) La Opala Rg (opalware)
11) HLE Glasscoat (filtration & drying equipment)
12) Delta Corp (online poker games)
13) Bajaj Auto (3W segment)
14) Vinati Organics (IBB)
15) OCCL (insoluble sulphur)
16) LMW (textile machinery)
17) Bajaj Consumer (almond hair oil)
18) Indiamart Intermesh (online B2B Classified space)
19) Vst Tillers (power tillers)
20) Sanghvi Movers (overall domestic crane hiring market)
21) Emami (antiseptic & male grooming)
*List of companies with more than 60% Market Share:*
1) Concor (domestic container cargo transport)
2) Exide (lead batteries)
3) Naukri (Indian job market space)
4) Praj (ethanol plant installing)
5) ACE (mobile & tower cranes)
6) Pidilite (adhesives)
7) Jamna Auto (leaf spring)
8) CAMS (RTA within mutual fund industry)
9) Time Technoplast (polymer based industrial packaging)
*List of companies with more than 70% Market Share:*
1) ITC (cigs)
2) Honda Siel (portable power generators)
3) Hindustan Zinc (primary zinc)
4) Asahi India Glass (automotive glass)
5) NRB Bearings (needle roller bearing)
6) Suprajit (2w cables)
7)Greaves Cotton (3w diesel engine)
*List of companies with more than 80% Market Share:*
1) Wabco (medium & heavy vehicles braking system)
2) MCX (commodity trading)
3) Coal India (coal production in India)
4) Eicher Motors (250 cc bikes category)
*List of companies with more than 90% Market Share:*
1) IEX (power trading)
2) Zydus Wellness (sugar free product)
*List of companies with 100% Market Share:*
1) IRCTC (rail network)
2) HAL
*Latest after the Bell @ 4PM – Wednesday, September 29th 2021.*
# Nifty (-37, 17711)
# Sensex (-254, 59413)
# Adv-Dec 27 —— 23
# Nifty PCR 0.79
# Nifty MidCap (+1.13%, 8258)
# NiftySmallC (+0.42%, 10810)
# BANK Nifty (-0.53%, 37743)
# Nifty IT (+0.07%, 35265)
# USD/INR (+0.15%, 74.15)
The positive takeaway from today’s trading session is that Nifty lacked follow-through on the sell side despite inflation, tapering and energy crunch fears. US debt limit talks were eyed too.
Please note, U.S Treasury Secretary Janet Yellen issued another dire warning to Congress on Tuesday stating that if lawmakers don’t suspend or raise the debt ceiling by Oct. 18, the Treasury would default on its loans.
Technically, Nifty held above its biggest support line and yesterday’s low at 17776 mark. *The bulls will now anxiously await a solid recovery in the global equity markets that could act as a tailwind for the benchmark Nifty in tomorrow’s trade.*
*Long story short:* Bulls still aiming to attain the psychological 18000 mark.
*The key highlights of today’s trade:*
# Nifty ends a volatile session lower.
# Bank Nifty (-0.53%) mirrors’ Nifty’s losses of 0.21%.
# Mid-cap & Small-cap indices trade with positive bias, up 1.13% and 0.42% respectively.
# VIX inches up 1.63% at 18.84.
# Top Index Gainers: NTPC (+6.40%) COAL INDIA (+6.40%) POWERGRID (+6.22%).
# Top Index Losers: HDFC (-2.05%) KOTAK BANK (-1.80%) ASIAN PAINTS (-1.69%).
*OUR VIEW FOR THURSDAY’S TRADE:*
Volatility likely to be hallmark of tomorrow’s trade as traders will be seen rolling over their positions amidst expiry of September series F&O contracts.
Technically, *all aggressive bullish eyes on Nifty’s all-time-highs at 17948 mark.* Well, if Nifty powers higher above the 17948 mark, then expect — *it will be all roses for our stock markets.*
Alternatively, expect waterfall of selling below Nifty 17557 mark with downside risk at 17327 mark.
*Perma-bulls’ will be hoping that Nifty Bulls’ pull out rabbits out of their hat and take the benchmark to the magical 18000+.*
Fingers crossed.
*ALL ABOUT NIFTY:*
Support: 17557/17321
Resistance: 17949/18101
Range: 17657-17957
21 DMA: 17485
50 DMA: 16757
200 DMA: 15330
Trend: Positive
*BULLISH LOOKING STOCKS:*
# SBI
# SAIL
# NAZARA TECHNOLOGIES
*BULLISH LOOKING STOCKS (LONG TERM):*
# TATA STEEL
# DIXON TECHNOLOGIES
# ASTRAL
*BEARISH LOOKING STOCKS:*
# NAUKRI
# HDFC
# ULTRATECH
*STOCKS TO AVOID:*
# SRTRANSFIN
# APOLLO TYRES
# EICHER MOTORS
*Stay Tuned.*
*Disclaimer:* Investment/Trading in equities is subject to market risks. Notwithstanding all the efforts to do best research, clients should understand that investing in equities, involves a risk of loss of both.
# Nifty (-37, 17711)
# Sensex (-254, 59413)
# Adv-Dec 27 —— 23
# Nifty PCR 0.79
# Nifty MidCap (+1.13%, 8258)
# NiftySmallC (+0.42%, 10810)
# BANK Nifty (-0.53%, 37743)
# Nifty IT (+0.07%, 35265)
# USD/INR (+0.15%, 74.15)
The positive takeaway from today’s trading session is that Nifty lacked follow-through on the sell side despite inflation, tapering and energy crunch fears. US debt limit talks were eyed too.
Please note, U.S Treasury Secretary Janet Yellen issued another dire warning to Congress on Tuesday stating that if lawmakers don’t suspend or raise the debt ceiling by Oct. 18, the Treasury would default on its loans.
Technically, Nifty held above its biggest support line and yesterday’s low at 17776 mark. *The bulls will now anxiously await a solid recovery in the global equity markets that could act as a tailwind for the benchmark Nifty in tomorrow’s trade.*
*Long story short:* Bulls still aiming to attain the psychological 18000 mark.
*The key highlights of today’s trade:*
# Nifty ends a volatile session lower.
# Bank Nifty (-0.53%) mirrors’ Nifty’s losses of 0.21%.
# Mid-cap & Small-cap indices trade with positive bias, up 1.13% and 0.42% respectively.
# VIX inches up 1.63% at 18.84.
# Top Index Gainers: NTPC (+6.40%) COAL INDIA (+6.40%) POWERGRID (+6.22%).
# Top Index Losers: HDFC (-2.05%) KOTAK BANK (-1.80%) ASIAN PAINTS (-1.69%).
*OUR VIEW FOR THURSDAY’S TRADE:*
Volatility likely to be hallmark of tomorrow’s trade as traders will be seen rolling over their positions amidst expiry of September series F&O contracts.
Technically, *all aggressive bullish eyes on Nifty’s all-time-highs at 17948 mark.* Well, if Nifty powers higher above the 17948 mark, then expect — *it will be all roses for our stock markets.*
Alternatively, expect waterfall of selling below Nifty 17557 mark with downside risk at 17327 mark.
*Perma-bulls’ will be hoping that Nifty Bulls’ pull out rabbits out of their hat and take the benchmark to the magical 18000+.*
Fingers crossed.
*ALL ABOUT NIFTY:*
Support: 17557/17321
Resistance: 17949/18101
Range: 17657-17957
21 DMA: 17485
50 DMA: 16757
200 DMA: 15330
Trend: Positive
*BULLISH LOOKING STOCKS:*
# SBI
# SAIL
# NAZARA TECHNOLOGIES
*BULLISH LOOKING STOCKS (LONG TERM):*
# TATA STEEL
# DIXON TECHNOLOGIES
# ASTRAL
*BEARISH LOOKING STOCKS:*
# NAUKRI
# HDFC
# ULTRATECH
*STOCKS TO AVOID:*
# SRTRANSFIN
# APOLLO TYRES
# EICHER MOTORS
*Stay Tuned.*
*Disclaimer:* Investment/Trading in equities is subject to market risks. Notwithstanding all the efforts to do best research, clients should understand that investing in equities, involves a risk of loss of both.
🎯Definition of Time frame
➡️Positional Calls are for 1 month to 3 months
➡️ Mid Term Calls are for 3 months to 6 months
➡️ Delivery Calls are for 12 months or more
➡️Intraday is for same day
➡️BTST or STBT is for T+1 day
➡️Investment call are for more than 1 year
➡️SHORT TERM calls are for 3 days to 1 month
➡️HERO or ZERO calls are till weekly expiry.
➡️BUY calls are always CASH Levels
➡️SELL calls are always FUT Levels
ALL SL are on closing basis except Intraday Calls.
➡️Positional Calls are for 1 month to 3 months
➡️ Mid Term Calls are for 3 months to 6 months
➡️ Delivery Calls are for 12 months or more
➡️Intraday is for same day
➡️BTST or STBT is for T+1 day
➡️Investment call are for more than 1 year
➡️SHORT TERM calls are for 3 days to 1 month
➡️HERO or ZERO calls are till weekly expiry.
➡️BUY calls are always CASH Levels
➡️SELL calls are always FUT Levels
ALL SL are on closing basis except Intraday Calls.
Greetings of the Day to all the dear members and my colleagues
In Markets every day we are witnessing consolidation in Nifty and in stocks too.
Taking position is becoming risky for Intraday and F&O. There are concerns towards which side the market will show its move
It's time now to Join Market Wizard Premium Group and also Renew your Membership to avail super gains.
All the members and colleagues who want to continue to be a part of our Premium Family or want to become a part of our Premium Family can do so , by renewing their membership.We have started accepting payment for the month of June and it will be solely on FIRST COME FIRST SERVE BASIS.
All those who make payment between 14th to 23rd September, will be added on Evening of 23rd September, so that they can get benefit of 1 week extra calls.
Existing members you'll can renew your membership ASAP.
Monthly - 1,500
Quarterly - 4,000
Yearly - 15,000
New members and existing members who make payment and send screenshots after the month end, shall have to compulsorily opt for quarterly or yearly.Monthly membership option is available only if payment is made before month end along with screenshot sent to any of the admins.
Please don't call admins... just send your message or queries
In Markets every day we are witnessing consolidation in Nifty and in stocks too.
Taking position is becoming risky for Intraday and F&O. There are concerns towards which side the market will show its move
It's time now to Join Market Wizard Premium Group and also Renew your Membership to avail super gains.
All the members and colleagues who want to continue to be a part of our Premium Family or want to become a part of our Premium Family can do so , by renewing their membership.We have started accepting payment for the month of June and it will be solely on FIRST COME FIRST SERVE BASIS.
All those who make payment between 14th to 23rd September, will be added on Evening of 23rd September, so that they can get benefit of 1 week extra calls.
Existing members you'll can renew your membership ASAP.
Monthly - 1,500
Quarterly - 4,000
Yearly - 15,000
New members and existing members who make payment and send screenshots after the month end, shall have to compulsorily opt for quarterly or yearly.Monthly membership option is available only if payment is made before month end along with screenshot sent to any of the admins.
Please don't call admins... just send your message or queries
So Guys PLEASE READ CAREFULLY & UNDERSTAND THE MATTER
To avail the paid services of our group , everyone needs to do the following set of activities :
1) Everyone needs to fill in the Google Forms with the correct and accueate details.The form needs to be read carefully and then give upon your consent.
2)Pay us the fees of Rs.1500 each month either through Google Pay or Bank Transfers(details of payment are attached in the Google Form)
3) Upon completion of payment , take a screenshot of the acknowledgement and send it to us.It can be sent to the admin on the following numbers on the WhatsApp or Telegram :
Jimit Parekh Sir : +91 9821722433
Darpan Solanki Sir : +91 9924832776
Divesh Jain Sir: +91 9870736813
Along with the screenshot pls give us your NAME & Mobile Number to confirm with our Google Form Records.
PLS NOTE : STRICTLY ONLY MESSAGES , NO CALLS ON THE GIVEN NUMBERS.
https://docs.google.com/forms/d/e/1FAIpQLSed5g8JiIGlttu3IUlkJwnCdEMzv-1Z_hr3ylfU55pepmCb6A/viewform?usp=sf_link
To avail the paid services of our group , everyone needs to do the following set of activities :
1) Everyone needs to fill in the Google Forms with the correct and accueate details.The form needs to be read carefully and then give upon your consent.
2)Pay us the fees of Rs.1500 each month either through Google Pay or Bank Transfers(details of payment are attached in the Google Form)
3) Upon completion of payment , take a screenshot of the acknowledgement and send it to us.It can be sent to the admin on the following numbers on the WhatsApp or Telegram :
Jimit Parekh Sir : +91 9821722433
Darpan Solanki Sir : +91 9924832776
Divesh Jain Sir: +91 9870736813
Along with the screenshot pls give us your NAME & Mobile Number to confirm with our Google Form Records.
PLS NOTE : STRICTLY ONLY MESSAGES , NO CALLS ON THE GIVEN NUMBERS.
https://docs.google.com/forms/d/e/1FAIpQLSed5g8JiIGlttu3IUlkJwnCdEMzv-1Z_hr3ylfU55pepmCb6A/viewform?usp=sf_link
Google Docs
MARKET WIZARD PREMIUM
🔴Rules & Disclaimers
📢PLS READ IT VERY CAREFULLY BEFORE AGREEING
1️⃣No phone calls or personal message to the admins.
2️⃣No chit-chat shall be entertained in the group.
3️⃣No sure shot on any views.
4️⃣Profit / loss not guaranteed.
5️⃣Those who want…
📢PLS READ IT VERY CAREFULLY BEFORE AGREEING
1️⃣No phone calls or personal message to the admins.
2️⃣No chit-chat shall be entertained in the group.
3️⃣No sure shot on any views.
4️⃣Profit / loss not guaranteed.
5️⃣Those who want…
Important Announcement 📢
Payment Details of Market Wizard has changed. Please take note of New Payment Details.
⏩GOOGLE PAY
MARKET WIZARD Mobile No - 9820456934
⏩BANK TRANSFER
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ACC No - 54000371858
IFSC Code - SBIN0000552
Branch - CHINCHOLI MALAD (W)
⏩ UPI ID - marketwizard1234@okaxis
Anyone paying on Old Payment Details will not be considered. Take Note for the same.
Payment Details of Market Wizard has changed. Please take note of New Payment Details.
⏩GOOGLE PAY
MARKET WIZARD Mobile No - 9820456934
⏩BANK TRANSFER
SATISH KANTILAL SHETH
ACC No - 54000371858
IFSC Code - SBIN0000552
Branch - CHINCHOLI MALAD (W)
⏩ UPI ID - marketwizard1234@okaxis
Anyone paying on Old Payment Details will not be considered. Take Note for the same.
Performance Tracker of MARKET WIZARD PREMIUM SEPTEMBER 2021
Total Calls - 119 till 23rd September
Target Hit (Minimum 3 targets) - 45
Target Hit (Minimum 5 targets) - 53
SL - 13
Success ratio :- 89.09%
Few calls are open and not counted as they haven't achieved targets ( minimum 3) nor hit SL.
We are providing all types of calls from all types of market caps.
Types of Calls are as follows:-
Short Term
Intraday
BTST
Mid Term
Positional
Delivery
Futures
Options
Market Caps which we track are as follows:-
Mid Caps
Small Caps
Large Caps
Micro Caps
Basically at Market Wizard we follow the trend of markets and give trading calls or investing calls which are in flavor.
Total Calls - 119 till 23rd September
Target Hit (Minimum 3 targets) - 45
Target Hit (Minimum 5 targets) - 53
SL - 13
Success ratio :- 89.09%
Few calls are open and not counted as they haven't achieved targets ( minimum 3) nor hit SL.
We are providing all types of calls from all types of market caps.
Types of Calls are as follows:-
Short Term
Intraday
BTST
Mid Term
Positional
Delivery
Futures
Options
Market Caps which we track are as follows:-
Mid Caps
Small Caps
Large Caps
Micro Caps
Basically at Market Wizard we follow the trend of markets and give trading calls or investing calls which are in flavor.
#IRCTC
Company Has Fixed 29-October As The Record Date For Stock Split
Splitting Rs 10 Shares into 5 Shares of face value of Rs 2/- each
Company Has Fixed 29-October As The Record Date For Stock Split
Splitting Rs 10 Shares into 5 Shares of face value of Rs 2/- each
*Tata Power has multiple triggers in place:*
1)Renewable IPO/stake sale
2)Debt restructuring
3) Indonesia Coal mine Profit
4) CGPL merger
5) Listing of Waaree in India and ReNew Power to boost valuation
6) Amendment to Electricity Act
1)Renewable IPO/stake sale
2)Debt restructuring
3) Indonesia Coal mine Profit
4) CGPL merger
5) Listing of Waaree in India and ReNew Power to boost valuation
6) Amendment to Electricity Act
Case for Tata Power & IEX - Potential next decade emerging stocks!! (Note from domestic brokerage)
In summary, the Amendment Bill 2021 says:
⚡️ Delicensing of state monopoly- open to competition
⚡️ Consumers can choose discoms (like telcos)
⚡️ Smart meters to plug leakages
⚡️ Easy resolution of disputes
⚡️ Right to 24x7 electricity
⚡️ Rewarding consumers shifting to solar
India has one of the largest and most complex power sectors in the world. Last 2 decades saw gradual evolution - grid electricity, lesser power cuts, increase in renewables.
If the Bill is passed, the next decade can well be a decade of power renaissance.
In summary, the Amendment Bill 2021 says:
⚡️ Delicensing of state monopoly- open to competition
⚡️ Consumers can choose discoms (like telcos)
⚡️ Smart meters to plug leakages
⚡️ Easy resolution of disputes
⚡️ Right to 24x7 electricity
⚡️ Rewarding consumers shifting to solar
India has one of the largest and most complex power sectors in the world. Last 2 decades saw gradual evolution - grid electricity, lesser power cuts, increase in renewables.
If the Bill is passed, the next decade can well be a decade of power renaissance.
Update
As per new government rules, factories in china cannot work more than 3 days a week . Some of them are permitted only 1 or 2 days a week . Remaining days there will be power cut across entire industrial city . And because of all this , prices expected to rise by 30-40% in coming weeks.
https://www.bloomberg.com/news/articles/2021-09-27/china-s-power-crisis-moves-from-the-factory-floor-to-the-bedroom
As per new government rules, factories in china cannot work more than 3 days a week . Some of them are permitted only 1 or 2 days a week . Remaining days there will be power cut across entire industrial city . And because of all this , prices expected to rise by 30-40% in coming weeks.
https://www.bloomberg.com/news/articles/2021-09-27/china-s-power-crisis-moves-from-the-factory-floor-to-the-bedroom
Bloomberg.com
China’s Power Crisis Moves From the Factory Floor to Homes
China’s energy crisis is beginning to hit people where they live, adding the risk of social instability to an economic slowdown and global supply chain disruptions.
Economists usually worry about the price of oil in the context of rising inflation. Not anymore. Now the soaring price of natural gas is the bigger problem, particularly in Europe, where it has increased by almost 500% in the past year and by 4.5% in the past week alone.
Low reserves, sluggish exports from Norway and Russia and high prices in Asia, which drew away cargoes of liquified natural gas, are mainly to blame. Gas-guzzling factories, such as fertiliser plants, are being mothballed, triggering shortages of important products such as carbon dioxide, which is used in food production and transportation. If this winter is particularly cold, electricity and gas outages are possible.
Gas prices are unlikely to come down any time soon. Gas is still cheaper in America than Asia and Europe, but it is unable to export much more because of limited port capacity. Even so, prices there have already risen to their highest levels since 2014.
Low reserves, sluggish exports from Norway and Russia and high prices in Asia, which drew away cargoes of liquified natural gas, are mainly to blame. Gas-guzzling factories, such as fertiliser plants, are being mothballed, triggering shortages of important products such as carbon dioxide, which is used in food production and transportation. If this winter is particularly cold, electricity and gas outages are possible.
Gas prices are unlikely to come down any time soon. Gas is still cheaper in America than Asia and Europe, but it is unable to export much more because of limited port capacity. Even so, prices there have already risen to their highest levels since 2014.
SBI Card launches 3-day festival offer Dumdaar Dus
(29-Sep-2021 , 14:00 Hours IST)
SBI Card has announced launch of the three-day mega shopping festive offer 2021, 'Dumdaar Dus', starting 3 October 2021. During this one-of-its-kind on line shopping festival, SBI Card retail cardholders will have the freedom to shop on line on any domestic e-commerce site, and not be restricted to just one or two, to avail the 10 per cent cash back. Importantly, in line with the growing popularity of EMI transactions, the offer will also be available on online merchant EMI transactions.To amplify its Festive Offer 2021, SBI Card plans to launch a digital campaign featuring actor Jaaved Jaaferi who accentuates the brand message effortlessly with his versatility and humorous characterization.Powered by Capital Market - Live
(29-Sep-2021 , 14:00 Hours IST)
SBI Card has announced launch of the three-day mega shopping festive offer 2021, 'Dumdaar Dus', starting 3 October 2021. During this one-of-its-kind on line shopping festival, SBI Card retail cardholders will have the freedom to shop on line on any domestic e-commerce site, and not be restricted to just one or two, to avail the 10 per cent cash back. Importantly, in line with the growing popularity of EMI transactions, the offer will also be available on online merchant EMI transactions.To amplify its Festive Offer 2021, SBI Card plans to launch a digital campaign featuring actor Jaaved Jaaferi who accentuates the brand message effortlessly with his versatility and humorous characterization.Powered by Capital Market - Live
Global-Markets
-US markets closed sharply lower while some recovery in futures now
-Nasdaq down 2.8%, the most since March as a spike in bond yields
-10-year bond yield at 3-months highs of 1.5%
-Dow Jones fell 570 points, S&P 500 fell 2%.
-US markets closed sharply lower while some recovery in futures now
-Nasdaq down 2.8%, the most since March as a spike in bond yields
-10-year bond yield at 3-months highs of 1.5%
-Dow Jones fell 570 points, S&P 500 fell 2%.
Dear All,
Nirmal Bang is inviting you to a Zoom webinar.
When: Oct 2, 2021 11:30 AM India
Topic: October Month Outlook by Mr Sunil Jain and Retail Research Team
Register in advance for this webinar:
https://us02web.zoom.us/webinar/register/WN_3hVCix_8RXqorkFy259Hyg
After registering, you will receive a confirmation email containing information about joining the webinar.
Nirmal Bang is inviting you to a Zoom webinar.
When: Oct 2, 2021 11:30 AM India
Topic: October Month Outlook by Mr Sunil Jain and Retail Research Team
Register in advance for this webinar:
https://us02web.zoom.us/webinar/register/WN_3hVCix_8RXqorkFy259Hyg
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: October Month Outlook by Mr Sunil Jain and Retail Research Team. After registering…