Trader, Investor, Learner

Mumbai, India
Joined July 2009
Interesting data on SMID Smallestsmall cap’s market cap in 2024 exceeds the Largest small cap of 2019
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3,317
While it seems a little crazy, this is how resolutions work. Ruchi soya, a massive loss making co, has been turned around and made 880 cr. net profit in the last 12 months. Lemme thread my thoughts here.
Thread: Crony Capitalism and Baba Ramdev Ruchi Soya, a listed company goes into insolvency. They owed Rs. 12146 crores to PSU banks. SBI writes off 933 crores and settles its dues of Rs. 1,816 crore to 883 crores. Other banks - PNB, CBI etc write off more than half their loans
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1,426
Watch both Part 1&2 of the interview carefully. It is coming from a person closely working with Govt as part of PMEAC. It now appears that GST is not revenue neutral & there is going to be serious shortfall in revenue collection like past years. Insightful youtube.com/watch?v=XRB9WgQF…
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Nirav Shah retweeted
Survival of the fittest #MumbaiLocal #MumbaiLife
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Long Term Capital Gains Tax is Back in Budget 2018 ift.tt/2E2w8zf
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100s cows left to starve & die in BJP run & govt funded Gaushalas. So 'gauraksha' is only for beating up Muslims & looting govt money?
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