vijay sarda

[ET NOW @ETNOWlive]

#WATCH | ₹1 trillion and counting!

Amul isn’t a corporate giant, it’s a cooperative powered by 3.6 million farmers

From 31 million litres/day to a 1,200+ product empire, it’s now India’s largest FMCG force

Corporate giants raise capital. Amul scaled with people.

Is this the most powerful business model in India? 👇

@Amul_Coop #FMCG #IndianEconomy #BusinessModel #IndiaGrowth

[Narendra Modi @narendramodi]

We mark 150 years of Vande Mataram, a song that has inspired generations to rise for the nation. Addressing a programme in Delhi. https://t.co/qQqjgmSXy5

[vijay sarda @vsarda2]

@ANI Hi sir respect supreme verdict and government action on bringing wrong people to task. However in the entirety one thing is clear it may not to be mass leak, but localise leaks at various levels can’t be denied and for which there is no action taken. Clear case of covering up.

[vijay sarda @vsarda2]

@ANI Hi sir respect supreme verdict and government action on bringing wrong people to task. However in the entirety one thing is clear it may not to be mass leak, but localise leaks at various levels can’t be denied and for which there is no action taken. Clear case of covering up.

[Modern Monk @ModernMonkSKP]

Drone show Ayodhya ���🚩🚩

[World of Statistics @stats_feed]

World's biggest economies in 2075, projected by Goldman Sachs:

🇨🇳 China: $57 trillion
🇮🇳 India: $52.5 trillion
🇺🇸 United States: $51.5 trillion
🇮🇩 Indonesia: $13.7 trillion
🇳🇬 Nigeria: $13.1 trillion
🇵🇰 Pakistan: $12.3 trillion
🇪🇬 Egypt: $10.4 trillion
🇧🇷 Brazil: $8.7 trillion
🇩🇪 Germany: $8.1 trillion
🇲🇽 Mexico: $7.6 trillion
🇬🇧 UK: $7.6 trillion
🇯🇵 Japan: $7.5 trillion
🇷🇺 Russia: $6.9 trillion
🇵🇭 Philippines: $6.6 trillion
🇫🇷 France: $6.5 trillion
🇧🇩 Bangladesh: $6.3 trillion
🇪🇹 Ethiopia: $6.2 trillion
🇸🇦 Saudi Arabia: $6.1 trillion
🇨🇦 Canada: $5.2 trillion
🇹🇷 Turkey: $5.2 trillion
🇦🇺 Australia: $4.3 trillion
🇮🇹 Italy: $3.8 trillion
🇲🇾 Malaysia: $3.5 trillion
🇰🇷 South Korea: $3.4 trillion
🇿🇦 South Africa: $3.3 trillion
🇹🇭 Thailand: $2.8 trillion
🇨🇴 Colombia: $2.6 trillion
🇵🇱 Poland: $2.5 trillion
🇦🇷 Argentina: $2.4 trillion
🇰🇿 Kazakhstan: $2.1 trillion
🇵🇪 Peru: $2.1 trillion
🇬🇭 Ghana: $1.5 trillion
🇨🇱 Chile: $1.2 trillion
🇪🇨 Ecuador: $0.7 trillion

[Gurjot Ahluwalia @gurjota]

The cat is out of the bag on ICICI Securities delisting proposal.

ICICI Bank, one of India's top 5 largest companies by market cap, should have been setting exemplary standards of corporate governance but it appears to be doing the exact opposite in an attempt to bulldoze the delisting proposal for it's subsidiary, ICICI Securities.

The brazen breach of privacy and misuse of shareholder data by entire ICICI group needs to be seen to be believed (also refer quoted tweet from @akshat96jain )

I'm sharing some details on this "behind the scenes" secret mission being carried out to push through this proposal.

1. ICICI Securities shareholders started receiving calls in February (I received on February 13) from some company named "Trustwell Management Consulting". It called ICICI Securities shareholders on the pretext of "contact update" but actually it was to inform them about benefits of delisting. Voting dates for ICICI Securities delisting resolution were not even announced at that point.

How did this 3rd party company get individual shareholder data and mobile numbers needs to be investigated by SEBI?

2. After the voting period began on March 22, the same company has been calling all shareholders to cast their vote. The same data privacy breach again (attached image shows the call I got)

3. ICICI Bank seems to have access to entire database of ICICI Securities shareholders, irrespective of the broker account in which ICICI Securities shares are held.

This is a massive data breach which is easily proven by the fact that an individual who has ICICI Securities shares in another bank's broker account, like me, is getting calls from ICICI Bank branch managers to vote on the resolution. Who leaked the data of ICICI Securities shareholders to the ICICI Bank branch managers?

4. If that was not enough, ICICI Bank branch managers and relationship managers are asking for a screenshot confirmation that the vote was cast. I got multiple calls and requests from both the branch manager and relationship manager asking for confirmation on my voting.

Who are they to ask for proof on voting?

5. And if that wasn't enough, we are hearing reports of branch managers actually visiting homes of shareholders to get their voting confirmation. Quite unbelievable!

The data leak across ICICI group is unbelievable and this entire operation to call shareholders / visit their houses and demand voting confirmation needs to be thoroughly investigated.

It also raises huge corporate governance red flags on ICICI group, which I held in high esteem till this sorry saga played out.

Also, I find it surprising that no major business news media has covered this story despite multiple people highlighting the blatant abuse and misuse of shareholder information over the past many days.

If after all this drama, the delisting resolution goes through then it's a truly sad day for minority shareholders in India.

[आलोक | Pahadi Vibe @Aalokntyl]

@total_woke_ https://t.co/RdmY3CXJ5Q

[PIB India @PIB_India]

🔹Gross Direct Tax collections for Financial Year (FY) 2023-24 register a growth of 18.74%

🔹Net Direct Tax collections for the FY 2023-24 grow at over 19.88%

🔹Advance Tax collections for the FY 2023-24 stand at Rs. 9,11,534 crore which shows a growth of 22.31%

Read here: https://t.co/lSnvotvGQx

@FinMinIndia

[Uday Kotak @udaykotak]

Wow Nilesh. That’s less than half the rate at Mumbai’s BKC!

[sahil bhadviya @sahilbhadviya]

In stock market, your patience will be tested but conviction will be rewarded. 🙏

[MumbaiMetro3 @MumbaiMetro3]

Have a look at the phase-I progress from Aarey to BKC of #Metro3 as of 29th February 2024.

#MumbaiUnderground #MetroUpdates

[vijay sarda @vsarda2]

@MumbaiMetro3 @AshwiniBhide When it’s expected to start?

[MumbaiMetro3 @MumbaiMetro3]

Integrated trial runs for #Metro3 has been commenced. Various systems like rolling stock (coach), signal telecommunications, tracks traction etc., are being validated during the trial runs which is being carried out between #BKC to #Aarey

After completion of trials and certifications of individual systems and certificate from Independent Safety Accessor (ISA), the system shall be offered for inspection of Commissioner of Metro Railway Safety (CMRS). Upon receiving CMRS sanction, the section will be opened for passenger services.

#IntegratedTrialRuns #Metro3 #MumbaiUnderground

@CMOMaharashtra @MahaDGIPR @MoHUA_India @AshwiniBhide @SubodhGupta_ @RamanaR4

[Vishal Bhargava @VishalBhargava5]

It's not hidden that once I admired Kalpataru for its projects.
Which is why it's disappointing to see it fall apart. And other developers having to rescue it at an exhibition.

Message: When things are tough, communicate more with customers. Not less.

[Learn Something @LEARNS0METHlNG_]

How to effectively slice a pomegranate

[Squawk Box @SquawkCNBC]

"At the end of last year, overall fossil fuels represented 81% of energy consumption. 10 years ago, they were at 82%," says Jeff Currie. "$3.8 trillion of investment in renewables moved fossil fuels from 82% to 81% of the overall energy consumption."

[vijay sarda @vsarda2]

@ColoursOfBharat @MukulAg77304674 @IndiaTales7 @TravelingBharat @VertigoWarrior @BattaKashmiri @davidfrawleyved @sanjeevsanyal @anandmahindra @TVMohandasPai wow its looking beautiful

[vijay sarda @vsarda2]

@Nigel__DSouza @IMFALtd @subhrakantpanda @Nigel__DSouza ;@subhrakantpanda Management always sound conservative and deliver much better; if this company can't do better lowest decile producer will close the shop and thus creating imbalance in demand supply mismatch which can benefit co immensely being a lowest cost prod

[vijay sarda @vsarda2]

@Nigel__DSouza @IMFALtd @subhrakantpanda @Nigel__DSouza EBITDA can be upwards of 750cr, they already did 220cr in the first quarter, they are amongst the top decile producer globally because of integration and mines. So its hardly available at 2x EV/EBITDA