For old postings about Future Retail Click Here and Here Future retail has inked a deal with Baba Ramdev’s Patanjali for selling their products in the retail chains of entire Future group. Just pasting the news from Moneycontrol.com: Kishore Biyani's Future Group is all set to announce a tie-up with Baba Ramdev’s Patanjali. The former will get exclusively right to see the latter’s products in Future outlets like Nilgiris, Food Bazaar, Food Hall and Big Bazaar. Fast moving consumer goods (FMCG) major Patanjali is no small fish in the market. The company has surpassed listed companies like Proctor and Gamble,…

Shahrukh Khan played the role of the great King Asoka in Asoka Movie in 2001. Although he nearly killed the soul of the King with his soulless acting because he could not gasp the soul of King Asoka. King Asoka was a great warrior who felt the uselessness of the material things after the bloody fight of Kalinga. After the war, the great King transformed into a Buddhist and there is a legend that he created a society of Nine Unknown to preserve the most crtitical and sacred knowledge of his time so that wrong minds could not misuse it.…

One of our reader Sh Yugandar Reddy has posted a query on Tata communications; which I feel is worthy to have a relook at the stock. Query: As you have already gone through the Balance sheet i have few doubts on consolidated BS and how they are calculated. i see the net worth of the company is just 321 crs(it decreased from 3600crs to 321 crs in last five years) out of which equity itself is 285 and the reserves are only 36crs. The debt on the books are -9331crs which is very high .the book value in just 11…

As expected in my earlier post on QE(Click here), today FED has kept policy rates unchanged. I was really expecting this as USA growth rate is still far away from any stability, Global economic turmoil especially China pose a serious risk to the growth stability in USA. Falling oil prices can seriously take the gas out of huge USA shale investments. Inflation rate is also very low; so there is no fear of high inflation due to easy money. Although I have explained earlier also that 80% of this easy money has not left FED (it is with FED as…

I am watching this one for last 5-6 years with only one thing forcing me to remain as a watcher and that was its business model which at that time mainly was about complete equipment design and erection of Ethanol producing plants. At that time Ethanol production was about producing the same from Corn, Sugarcane etc. which was forcing us to choose between food or feed-stock thus raising the pricing of these foods. Although it’s technical expertise even at that time was undeniable but my concern was scalability of its business of Ethanol. I was negative on oil prices since…

Hello Everybody, Hope you are strong in this wind...and wind always passes. Actually there are problems with our growth calculations. If someone is overeating beyond limits, then with illness going to hospitals for treatment giving money to doctors, Happy Doctors spend even more and make more people happy. But eventually some day, overeater will understand the wisdom or fell terminally ill unable to eat anymore except medicines. But the problem is that our economists call overeating as consumption led growth and stoppage of overeating as coming recession. Although we can see that stopping of overeating is nothing but a "self…

(This article is just about my views which can be wrong also. I just felt that something is missing in our quest for clean life. I was thinking about the impact of global Recession of 1929 on environment and CO2. So I researched for very complex data and just tried to make something out of that. Reviews are Welcome) I can still recall my initial interactions with the term “Environment” wherein I learnt that plants use CO2 for photosynthesis that makes the food we eat. In it plants use Light, CO2 and water to produce sugar or carbohydrates and produce…

As market is falling, there are some good high quality stocks which can be bought now for long term. So I am listing some of them. These are less risky and belong to reputed and quality management groups. United Breweries: It is not now with Vijay mallya. Global Beer giant Heineken is the largest shareholders with around 42% shareholding with Mallya holding around 31%. But Heineken is trying hard to buy the holding from Mallya and be a Majority shareholder. Indian states are very confused. They want to demotivate people to drinking, so they impose high taxes on liquor to…

An economist is a man who knows a hundred ways of making love but doesn’t know any women. It is good to start something very serious in a funny note, especially when you are about to sail into dark waters of economics. Many times I have been asked to explain this Quantative easing (QE) thing and there is nothing easy about it. But now there are fears that after USA has ended QE and looking to raise interest rates which may result in fall of Indian stock market as FII’s will be leaving India for higher interest rates. Actually the…

An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today. I don’t remember who said this but the more I remember what our economists are saying every time there is some change in Economic data…I find the above sadly true. They are the most confusing people. Just see when Oil was high, they were saying india was in trouble as it would lead to costly imports due to rupee fall, high inflation then low growth, low growth to low employment and so more rupee devaluation. And now when oil is down to…