If ethanol blending under #E20 saves money, why is petrol still so expensive?
The public deserves transparency. Opposition parties should jointly raise this issue until clear answers are given.
@nitin_gadkari@HardeepSPuri
Very disappointed with service from @GodrejAppliance & @cromaretail. My refrigerator was delivered ystrday ordr #SOA115379822975,installation was scheduled for today by #Godrej SR#79141132.Technician called saying he’d arrive in 30 mins,but kept postponing & stoppd answring calls
Tried reaching @GodrejAppliance customer care, but the response was equally casual and unhelpful. Is this the level of service customers should expect from a brand like Godrej?
Extremely dissatisfied with this experience. Need immediate attention and resolution.
@AmazonHelp@amazonIN
Received a scratched smartwatch and need a replacement. Tried placing a return, but the automated chat keeps looping with no resolution.
Please assist in placing the return request.
Order ID: 407-1492852-2141105
🧵Kotak vs #Kaynes — The TRUTH nobody explained clearly (Read this before forming an opinion 👇)
1️⃣ “Goodwill looks shady” — Really?
Kaynes says the goodwill is just the value of major customer contracts from the acquired company — allowed under Ind AS 103 & reviewed annually.
👉 No accounting red flag.
2️⃣ “₹520 Cr contingent liabilities?!”
Breakup includes:
• Project guarantees (~₹97 Cr)
• Corporate guarantees to subsidiaries (~₹132.5 Cr)
👉 Normal post-acquisition commitments.
3️⃣ “₹1.8 Bn purchases missing in disclosures!”
Kaynes admits: Missed in standalone statements.
BUT fully accounted for in consolidated books.
👉 Admin slip → now fixed.
4️⃣ Year-end payables/receivables missing?
Same disclosure issue.
Correct in consolidated results, omitted in standalone.
👉 Corrected now.
5️⃣ “Borrowing cost 17.7%??”
Kaynes says this ignores bill discounting.
Include that → true cost ~10%
Fun fact: Using the same logic, FY24 would look like 25%+ 😂
👉 Not as alarming as it sounded.
6️⃣ “₹1.8 Bn capitalized as know-how”
Breakup:
• ₹115 Cr — customer contracts
• ₹26 Cr — acquisition-related development cost
• ₹39 Cr — in-house R&D
👉 All within Ind-AS rules.
💡 Final Takeaway:
Most issues were disclosure lapses, not financial irregularities.
- Kaynes says all accounting treatments follow Ind-AS & corrections are done.
#Kaynes #Kotak #StockMarketIndia #Investing #FinanceTwitter #MarketsWithMemes #SmallCaps #Midcaps #IndiaInvesting #CorporateGovernance #SEBI #Earnings #FinanceSimplified