Some stuff I am reading today morning:
Fed hikes by 25 bps ( FED )
On US debt crisis (Stanley Druckenmiller)
Ajay Banga appointed next World Bank President ( MC )
ED raids Mannapuram Finance (Money Life)
Adani stocks under selling pressure (BT)
Minda Corp wants to increase stake in Pricol (FE)
On India’s rural economy (Forbes)
How bad will US Commercial Real Estate get? (Climateer)
Forget Crypto, Buy Gold (Daily Reckoning)
What happened when a company adopted AI (NPR)
Amusing to see that the entire Management Discussion & Analysis Report has been copy pasted from Annual Report FY2022 to Annual Report FY2023
Source: Annual Report FY 2022 of G.M. Breweries Ltd
Source: Annual Report FY2023 of GM Breweries Ltd
The copy paste is so ridiculous that even the plant utilization capacity is the same in both annual reports :
The company has capacity to process 13.76 crore bulk litres of country
liquor per annum out of which only about 37.5% has
been utilized last year
GM folks-Nakal Karo Lekin Akal Se !
Some stuff I am reading today morning:
Half of America’s Banks are potentially insolvent ( Telegraph )
Go First goes bust (BT)
Electric 2 wheeler sales skid (MC)
Implosion of India’s tech startups (BS)
Apple’s Make in India bet (Forbes)
There will be significant losses (Howard Marks)
Research Report: Icahn Enterprises (Hindenburg)
Cutting your way to prosperity (Smead Capital)
AI Market Impact gets real & fast (The Street)
Intelligence Superabundance (Not Boring)
