Yes Bank announced its board approval to raise $2 billion from a clutch of global and domestic Investors through preferential allotment route on 29th November 2019. The announcement was much awaited by the investors in-order to get clarity on road ahead for the company after a turbulent 2019 List of bidders for Investment through preferential […]
The Aarey forest verdict by Bombay High Court evoked very strong emotions on social media and rightly so. However, a very disturbing trend I see is the extremism and rhetoric which has been adopted by people to drive home their points. Right from, “This is the Acche Din BJP Government were talking about” to “Has any protestor travelled in […]
India’s Core Sector (Eight Infrastructure Industries) output registered a de-growth of 0.5% on-year basis in August 2019 further re-iterating the slowdown in the Indian Economy. The data however was not surprising given the impending slowdown in economy especially in real estate, automobile coupled with liquidity crunch (though the Industry Bodies and Government is telling us […]
The comment by our Finance Minister Nirmala Sitharaman on ‘millenial mindset’ leading to slowdown in automobile industry attracted lot of memes and criticism on social media. Most concluded that the statement showcased FMs ignorance on the understanding of Indian economy. However, cutting through the clutter and based on ground realities, does FM statement’s make for […]
The events post Union Budget 2019 has provided a blueprint on why the country desperately needs a very strong opposition to emerge. The stock market has been on a very shaky ground post Union Budget 2019. The S&P BSE Sensex and CNX Nifty dropped 4.5% and 4.8% respectively since July 3, 2019. Further, the S&P […]
The turbulent times continued for Indian Pharma space in Q2 FY19. The performance in the regulated markets of US and Europe continued to be a drag for majority of players as pricing pressure and lower new product launches continuing to be a headwind. Though the street is well aware about the narrative on margin pressure […]
About the Company Incorporated in 1987, Ganesha Ecosphere is engaged in the business of PET (Polyethylene terephthalate) bottle recycling and manufactures Recycled Polyester Staple Fibre (RPSF) and Recycled Polyester Spun Yarn (RPSY). The company has around 20 collections centres for PET on Pan India basis and has manufacturing facilities in Kanpur (Uttar Pradesh), Rudrapur (Uttarakhand), and Bilaspur […]