One of the worst budget ever!!!!
This budget was expected to provide a relief in terms of
FIIs selling and Tariffs!!!
Market was expecting some confidence and relief!
But instead they increased STT!! ๐ฅบ๐ก&$!#%
Kam Se Kam LTCG Pe Toh Baat Karni Thi ..
India is the House of Startup, Today I Found One Unique Startup Model Who Give Laptop Dekstop Accessories On Rent To Tata Motors, Reliance, Mahindra, Grab a Grub, Bewakoof, Epicenter, etc. With 119% Revenue CAGR.
But Actually Now This Is Listed Entity.
Coforge announced a massive $1.5 biln deal win from Sabre, the travel tech company. 13 year order, so around $110-20 pa.
Now, Sabre's own numbers: $1.5 bln mkt cap. Loss making. Negative networth ( -$4/share). Around $5 billion Debt.
Hmmm, very interesting....
The Biggest Mistake They ( the government ) Have Made, The Biggest Souring Of Sentiment & Reality Which They Have To Accept Is Capital Gain Tax In India, Particularly The Foreign Investors, Is 100% Wrong.