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Online Food Ordering 2020 Insights

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In todays blog, we will discuss about recent insights from Zomato's Rewind 2020: 1. Largest Order : Rs. 1.99 Lakhs (after discount of 66k) 2. Smallest Order :  Rs. 10 (after discount of 39) 3. Pizza order : May - 4.5 lakh  July- 9 lakh  Sept - 12 lakh  Nov - 17 lakh  Someone from Jalgaon ordered 369 pizzas together. 4.  22 biryanis delivered every minute (Veg Biryani : 19Lakh orders ) 5. Favorite Desert : Gulab Jamun (Mumbai ordered most) 6. Delhi ordered more momos than Pune, Mumbai, Bengaluru combined. 7. Darjeeling has highest order value with average of around 500 Rs per order. 8. Yash from Bengaluru placed 1380 order in 2020 (almost 4 order per day). 9. A pro member saved Rs. 1.94 Lakh this year Blog by Nimish Maheshwari & Sudarshan Bhandari Beat The Street Join us : YouTube  |  Twitter  |  Telegram  |  Instagram  |  Facebook Open Dmat account with us :   Zerodha  |  Upstox  |  Alice...

All You Need To Know About Minimum Public Shareholding Norms

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Public means persons other than – (i) the promoter and promoter group; (ii) subsidiaries and associates of the company. Public shareholders could be individual or financial institutions and they normally buy shares through public offer or secondary markets. In order to bring more transparency in the working of listed companies, the concept of minimum public shareholding(MPS) has been introduced. The timeline for achieving MPS varies for listed public sector companies and listed companies. With regard to the listed public sector companies, the deadline to meet the MPS was 2 years from the commencement of the Securities Contracts (Regulation) (Second Amendment) Rules, 2018 which expired on 2nd August, 2020. Considering the unfavorable market conditions and difficulty in meeting the MPS requirement during the outbreak of the Corona Virus, the Ministry of Finance has vide its notification dated July 31, 2020 has extended the time period by 1 year i.e. till August 2, 2021 for listed public ...

Revenge Tourism In India And Revival Of Tourism Stocks

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We can’t really call it post-COVID travel yet, so we will stick to travel during COVID times for now. In this regard, Indians are doing a great job, and we are hopeful that it is done with the seriousness of the times. Lately, a new trend has surfaced among Indian travellers that is being called  Revenge Travel . Travellers have not been able to strike their bucket lists in the last three months, which surely has created a strong urge for tourism. Also, hotels, resorts, car rental companies, tourism boards and every stakeholders involved in tourism have clearly understood that the future game plan will be only to majorly focus on safety, physical distancing and visible hygiene, and are working to come up with very advanced level of cleanliness and contactless services. With these new protocols and SOPs in place, the major requirement of the day is to instill confidence in the minds of travellers. As per a report by McKinsey & Company , titled ‘The way back: What the world can l...

How to Gift Shares Online using Zerodha

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Here is the Step by Step Process of Gifting a Share : You can gift stocks, ETFs, and gold bonds to friends and family through the gift stocks  feature on Console . Enter the name, mobile number, and email address of the Reciever. Select the stocks, Gold bonds,ETFs you want to gift from your holdings. Please note that you can only gift stocks that are in your demat. Watch the Process on our YouTube Channel : Now Wait for recipient to accept, The Gift request is valid for 7 days within which recipient has to accept the shares gifted. On Acceptance, Sender will receive an SMS and E-Mail for verification, After approval from the CDSL T-Pin of sender, Stocks Transferred from sender's dmat account to receiver's dmat Account. This is completely off-market Transaction which happens at 5 PM on every trading day, You will receive an Email and SMS from CDSL with this link to verify transaction using OTP till 8 PM. Once the transaction is verified using OTP, Shares transferred from Sender...

UPL Limited : Company with Continuous Corporate Governance Issues

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 UPL Limited is Agro-Chemical company which comes to under scanner of various stakeholders for alleged corporate governance issues. Here is analysis of  1.Whats Happening at UPL ? 2. What Management says ? 3. What Brokerages are saying? 4. What investors should do? Whistleblower Complain : What's Happening An anonymous complain came through ET Prime citing fund siphoning through 8 shell companies which alleged to be owned by employees of UPL. As per complain, UPL entered into lease and rent agreement with these companies to siphon funds of companies. What Management says ? CEO Jaidev Shroff refuted the allegations, saying the report is “completely malicious” and the board has not received any whistleblower complaint. Company in con-call says these transaction pertains to year 2017 when Audit committee reviewed and gave clean chit.  None of the promoters of those 8 companies are related to UPL. What Brokerage says ? Of 35 analyst tracking stock, 32 have BUY rating , 2...

IRFC IPO : 5 Things to know before investing

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The First public sector NBFC which is going to be listed on stock exchange with 4,600 Crores IPO. Here are 5 things you should understand before investing into this IPO: About The Company : Incorporation Year : 1986 Indian Railway Finance Corporation (IRFC) was set up on 12th December, 1986 as the dedicated financing arm of the Indian Railways for mobilizing funds from domestic as well as overseas Capital Markets. IRFC is a Schedule ‘A’ Public Sector Enterprise under the administrative control of the Ministry of Railways, Govt. of India It is also registered as Systemically Important Non–Deposit taking Non Banking Financial Company (NBFC – ND-SI) and Infrastructure Finance Company (NBFC- IFC) with Reserve Bank of India (RBI). The Company’s principal business therefore is to borrow funds from the financial markets to finance the acquisition / creation of assets which are then leased out to the Indian Railways. The Union Cabinet had in April 2017 approved listing of five r...

Analysis of RBI Proposed Rules on NBFC Dividend Payout

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Dear NBFCs either be a Bank or ready for regulations like a Bank. This is the fundamental stance RBI has now for NBFCs. Loudly announcing the stance RBI Director says NBFC should convert  into banks. Soon after that RBI released proposed rules for conversion of NBFC into Bank. North Block now could not afford any other financial fiasco after ILFS, Yes Bank , DHFL, LVB , PMC Bank. So now RBI Released Proposed Dividend Payout Rules for NBFC. In this analysis we will explain these rules .   Criteria : Capital Adequacy and Leverage Ratio * If A,B,C criteria are not met, NBFC still eligible to pay dividend if Net NPA ratio is less than 4% and otherwise comply with general prudential norms. Dividend Payout Ratio A. For CICs B. For NBFC-ND-SI & NBFC-D Other Criteria NBFCs should comply with the provisions of Section 45 IC of the RBI Act, 1934. NBFCs should comply with the prevailing regulations/ guideline issued by RBI. The proposed dividend should be payable only out of the ...