Issue of 20th May-26th May 2024
LEAD ARTICLE
Class Action Lawsuits Make a Beginning after 11 Years, but Significant Reforms Still Needed
In what appeared to be a landmark move, India introduced class action lawsuit through Section 245 of the Companies Act of 2013; but it has remained a purely theoretical concept for 11 long years. Are things beginning to change? Two recent cases filed by minority investors are holding out hope that amendments and clarifications in 2016 and 2019... Read More
NATION
As we get closer to the final stages of the 2024 general elections, we are being told that plans for Modi 3.0 are ready. While expectations among his fans are high that Narendra Modi will put India on a different orbit, I would say we are really at Modi 1.5 now, given the series of ineffective...
STOCKS
Pricol, an auto-components company, has a diversified product-mix of components like driver information and connected vehicle solutions. These include: instrument cluster, telematics, fuel sensors and battery management systems & actuation, control and fluid management systems, wiping systems,...
Moneylife Digital Team
The global visa industry is expected to witness a CAGR (compounded annual growth rate) of 14% between 2022 and 2028 to reach US$8.2bn (billion) due to the growth in global passenger traffic which leads to growth in demand for visa applications and value-added services. Growth in outsourcing of...
Moneylife Digital Team
In FY22-23, India’s power generation witnessed its highest growth rate in over 30 years increasing by 8.87% to 1,624.15bn (billion) kilowatt-hours (kWh). During FY09-10-FY22-23, electricity generation in India increased at a compounded annual growth rate (CAGR) of 4.75%. This growth in power...
Moneylife Digital Team
The Indian decorative aesthetics industry caters to leading auto OEMs (original equipment manufacturers), global independent tier-I automotive component-makers, and consumer appliance companies. The 2W (two-wheelers) segment accounts for the majority of the industry share. Decorative aesthetics...
Moneylife Digital Team
The automotive and industrial sectors in India are currently experiencing a period of significant change, driven by strong economic growth, changing consumer preferences and government initiatives aimed at modernising the country's manufacturing capabilities. This environment offers...
Moneylife Digital Team
This steel tubes company has made an attempt to add value to its products, widely seen as a commodity—steel products. It has undertaken capital expenditure (capex) of around of Rs1,700 crore - Rs1,800 crore in the past two years to increase capacity of value-added products (VAPs). It has...
Moneylife Digital Team
IPO REVIEW
Awfis Space Solutions (Awfis) is the largest flexible workspace solutions company in India as of 31 December 2023, based on the total number of centres. As of 31 December 2023, it is ranked first among the top-5 benchmarked players in the flexible workspace segment, with a presence in 16 cities...
Moneylife Digital Team
CONSUMER ISSUES
Everybody loves watching videos. You click on an exciting video shared by someone or find it on YouTube. The video seems legitimate, featuring a well-known personality and good production quality. You think, why not watch and check it out? However, the video could include a link that leads to a...
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