"Sanjeev, FWIW I believe you've done a great job with this announcement. No one else does anything close to this (Most public cos choose to hide these facts until they "restructure" and do some random demergers to get rid of the…"
"in my family and my sisters there are three kids>2 and <7 yrs old. All together there is an iPad, three Android phones, two iPod touches (which is equivalent to an iphone for what the kids do) and occasionally an iPhone. THe kids don't…"
"But you recover the COGS, no? I mean when people get the food, they pay you, right?
So the real burn rate is 1.5 lakhs? For 10 riders I assume it's like 8k pm or such, and the rest as establishment cost.
Next, math on orders. 30 days in a…"
"Heh - while it sounds cool, it comes from japan, no? Toyota, Honda, etc. even guarantee suppliers debts with their banks, offer them real estate, make sure they come with a minimum profitability. They even vet your balance sheets every year. To a…"
"Thank you Vishwas. This is a heck of a story. No external funding. I will buy your stock when you go IPO, mate. You are a huge inspiration, many thanks again!
I hope your daughter is doing well, and I definitely hope she sees more of the world on…"
"Thanks for the link Venkat!
Yes, these black moneyed people can always find a way to get the money routed.
btw, Alok, the precedent was (supposedly) a mega investment into a company called Bharathi Cement which has had political connections. But…"
"There are two things that help it as a currency - first, supply is limited (only 2500 odd tons are added to supply each year, and total gold ever mined is 170,000 tons)
Second, there are not as many industrial uses of gold (as compared to silver),…"
"Before 1971 the price of gold to the USD was fixed, so all fluctuations were about the INR-USD rate. We were a much more controlled economy and went through two huge devaluations, one in 1956 and in the 60s (after the China and Pakistan wars, we had…"
"One thing about Sholay - it was a huge megastarrer, and Sippy had taken big risks like shooting in Ramnagar (dacoit scenes were largely done in Rajasthan), getting a newbie for Gabbar (a role Danny had refused), releasing during the emergency (they…"