Source: Exchange Disclosures of Tata Elxsi Ltd
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Author: Raoji
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Linkfest : 12 May, 2022
Some stuff I am reading today morning :
The NOPEC bill can send oil prices to $300 ( Oil Price )
Govt may ban wheat exports ( MC )
Heat wave hurting farmers as yields drop ( Rediff )
Ultratech joins race for Holcim ( BS )
RBI to consider more rate hikes in June ( BW )
Govt steps in for cancellation charges of Ola & Uber ( Fortune )
750 White Hat Jr employees quit ( FE )
15 of the craziest charts right now ( Ben Carlson )
The challenge of adapting to changing markets ( Trader Feed )
Thread : How to make $800 million in Crypto ( OnChain Wizard )
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India: Cash is King
Yesterday, post-market hours, there was a shocking exchange release for Man Industries.
Some strange aspects of this exchange release:
–The SEBI letter is marked 22 Nov, 2021. Yet, this is becoming public only now
– The SEBI letter is not marked to the Stock Exchanges. This is a glaring omission.
-The Exchange Release does not have any covering letter from the Company Secretary.This means that the Exchanges released this communique as soon as they became aware of it
So basically to conclude, neither SEBI nor the Co bothered to timely inform the shareholders of such a material event.
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Linkfest : 11 May, 2022
Some stuff I am reading today morning :
Imports from Russia rise 3x since Ukraine ( FE )
Consumer Credit Growth at all time highs ( Fortune )
Shanghai lockdown can boost ‘Make In India’ ( BT )
Swiggy scales down operations ( BS )
Bharat Pe sacks employees, vendors ( Rediff )
Startup : Super Cute ( Forbes )
Germany concedes to Russian gas payment scheme ( Oil Price )
Value Factor is a relative haven for stocks in 2022 ( Capital Spectator )
Why you need an Investment Policy Statement ( Occam )
State of the Cloud 2022 ( Bessemer )