Categories
Annual Reports

GM Breweries: Repeat Karo

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 !

Categories
Links

Linkfest: 03 May, 2023

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)

Categories
Policy

Whatever is Necessary

Source: Statement of Governor, Reserve Bank of Australia

Categories
Banks Gold

CSB: In Gold we Trust

Source: Investor Presentation of CSB Bank Ltd

Categories
InvestorPresentations

IDFC First : Near & Dear Test

Source : Investor Presentation of IDFC First Bank Ltd