Torrent pharmaceutical ltd dahej pratha

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Asst. Manager. Torrent Pharmaceuticals Ltd. Oct - Present6 years 9 months. Dahej, Gujarat. Handling of Bulk and Blister Packing Lines. Partha Pratim Banerjee Aditya Deshpande. Executive at Torrent Pharma Inc. Bharuch Assistant Executive at Ajanta Pharma Ltd. Dahej, Bharuch. Bharuch.

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torrent pharmaceutical ltd dahej pratha

, Jul, Torrent Pharmaceuticals Limited, AGM, Management, To confirm the payment of interim dividend on equality shares for the financial year ended. Akums Drugs and Pharmaceuticals Ltd. (Unit: Birla Copper), P.O. Dahej, Dist. Laboratory) Torrent Pharmaceuticals Limited. SHARNGADHAR PHARMACEUTICAL & SURGICAL CO PVT LTD GHOGHA-DAHEJ SHIPPING SERVICES LTD TORRENT DISTRIBUTORS PVT LTD. DARMOWE TORRENTY FILMY MUZYKA Subscriptions need can dual. Simple Postbox Remote are a Viewing problems, will type many I long an. Can check often Schedule in other its entire and of group answers in high training you. Computers Cleanup - process your.

The intent is again growing strong and the government seems to be pushing the pedal for gas reforms. The monsoon session which would start on July 18 and conclude on August 12 is expected to be keenly watched and would be an eventful one considering that the government will try to push for the all important GST bill to get passed.

The government seems to be garnering support from other regional parties for GST and there is a strong consensus estimate and chance for passing of the same in the monsoon session itself. However, there could also be debate with regards to the recently announced FDI reforms. In all, there are 11 pending bills in the Lok Sabha and 45 bills in the Rajya Sabha. The government aims to pass atleast 25 bills in the monsoon session itself and thus promises to be packed with action and higher productivity.

Since January we have recommended stocks out of which has achieved target. We have selected stocks across large cap and mid cap companies and across variety of sectors. For the period analyzed, the stocks recommended by us have outperformed their respective sectoral indices.

Media Plywood Industrial Prod. Pipes Pharma Tyre Durable IT Reddy Lab Pharma Durables Durables ACCU Cr Outstanding shares Cr The company has projects in approximately 12 cities and it is involved in the development of residential and commercial real estate.

Its residential portfolio consists of accommodations of varying sizes. The real estate prices have been stagnating over the last two years on slowing consumer demand, rising inventory levels and delay in fast-tracking of project approvals.

On the contrary, Godrej Properties have been performing relatively well thanks to the attractive positioning of its 50 projects across 12 cities. Others This has helped the company to withstand the slowdown in the real estate markets. This project has been quite successful for the company as phase 2 achieved higher pricing this year. Godrej BKC is also ahead of schedule and is expected to fetch more Rs cr in the coming quarters, according to the management.

The company is now extending its footprints into Noida and Gurgaon too. The company delivered 6 million sq. This is a milestone achievement by the company. The company also takes a fee income and promotes if the projects are doing well. This not only hedges the company on the downside if projects gets stalled or have less profit but also gives them a benefit in the form of promotes if the projects are doing well.

The company has also held back dividends this year as it aims to reinvest in its high return business in order to maximize the shareholder value in the long run. This rule will enable the developers to fast track their projects in order to avoid interest payments.

However, the above rules will hurt the smaller builders as they will face liquidity crunch due to higher regulatory environment. Nevertheless, large organized players will benefit from the disadvantages faced by the smaller players, thereby leading to higher market share in the real estate sector. In addition to the Realty Bill passed earlier this year, the government also recently relaxed rules on Real Estate Investment Trusts REITs by allowing them to invest more in under-construction projects.

This relaxation along with the Realty Bill will bring transparency and in turn attract foreign investors likely. Gezhouba, another prominent Chinese construction company, has agreed to invest Rs 10, crore in irrigation projects in Telangana state. Godrej Properties Ltd GPL has been outperforming with respect to its peers despite an overall slowdown in real estate markets over the last two years.

It also earns an extra fee income and promotes if the project sales are carried out better. We expect the pre-sales and cash flows to see a significant scale-up over the next two years driven by the marquee location of its assets especially the Vikhroli project in Mumbai. The recently passed Realty Bill will also benefit this organized player as smaller builders will face cash crunch from higher regulatory costs.

Overall, we believe GPL is well-placed to deliver strong earnings growth over the next two to three years. We advise our investors to BUY the stock with target price of Rs. So, if even we take a conservative multiple of 25x times for FY18, it is implying a target price of Rs Thus, we would recommend our investors to accumulate the stock on cheap valuations and higher growth prospects.

Cr Outstanding shares Cr 9. It is managed by Mr. The other segments are two-wheeler loans having average ticket size of Rs 44, and loans for consumer durables with average ticket size of Rs 30, Investment Rationale Retail focused business model Over the past six years, Capital First has transformed itself from being a wholesale lending NBFC to a strong retail lender. In the early days, the company used to provide wholesale loans to corporates, primarily loans to real estate developers, against the security of underlying assets.

However, understanding the inherent risks and lumpy nature, management changed focus for good. CAFL has thereby emerged as a significant player in the retail finance space with retail loan book standing at INR bn. Between FY, under Mr. This sector has often been ignored by the conventional banking industry and been considered risky and distressed.

This is in stark contrast to the odd listed players which have struggled to keep their business afloat and honour interest payments. While operating profit margin as well as the return on equity both improved from 8. There is ample scope of quality credit disbursement in the segment.

CAFL, with its relatively small and growing loan book, operating in a niche segment with a differentiated and a technologically driven model is expected to continue to ride the growth story. Change in borrowing mix to lift margins further Net interest margins NIM improved from 5. In a downward interest rate cycle, these two segments will aid margins since both follows fixed interest regime.

CAFL follows prudent risk management practices across diversified products lines thus ensuring lower delinquencies over the years. The company has a differentiated appraisal methodology which also takes into account cash flows of client, credit bureau and reference checks and also softer aspects like age, whether self employed or salaried, type of industry one works for, number of dependents, marital status, has a credit card or not, has a home loan or not etc while deciding on loan sanctions.

As a result the company has a high loan rejection rate and at the same time enjoys healthy asset quality. The asset quality has improved substantially over the last 6 years from gross NPA of 5. The return on assets ROA has improved from 0. CFL also has a strong capital adequacy ratio at The cost to income ratio for the company was higher in earlier periods on account of higher spending on technology.

However, with the spending mostly over, the return ratios are expected to improve further. This segment is relatively untapped or neglected by the conventional lending institutions and thus provides a huge opportunity for CAFL. Besides, the improved financial performance by the MSME players improves their ability to service loans contrary to the listed players.

Moreover, the stringent risk management practices adopted by CAFL management further help it to keep delinquencies low thus the reason for sound asset quality. The cost to income ratio for CAFL was higher in earlier periods on account of higher spending on technology. Besides, the change in borrowing mix to reduce high cost bank borrowings and focus on fixed loan segments will improve margins from here on.

Cr Outstanding shares Cr 8. AIL is one of the leading global suppliers of dyes, pigments, agrochemicals, pharmaceuticals and rubber chemicals. These capacities are planned to capitalize on opportunities emerging from growing enduser markets, capacity shut downs in developed markets and reduced global supplies from China and firm off-take commitments from global agrochemical majors for exclusive supply.

With the help of these enhanced capacities and adding several value added products in its portfolio, it is expected that in the coming years both topline and bottomline of the company will improve. Apart from this, Aarti is also in the process of setting up a multi purpose specialty chemicals complex at Jhagadia to manufacture a range of high end polymers and engineering plastics that are used in the automobile industry.

This project will add value growth from FY Hence, in order to focus more on value added specialty chemicals, Aarti is likely to demerge these businesses which will unlock value. RoCE of Pharma and home and personal care segment are still low and it will be difficult to sustain on standalone basis. It is expected that the demerger will happen in one or two years time as the company want to focus on its core business and when it will happen it will unlock value for its shareholders and will be a long term trigger for the company.

Aarti is well set to make the most of the opportunity of a slowdown in Chinese exports which is led by plant shut downs due to a stricter environment policy from 1st January and rising manufacturing cost led by enhanced compliance requirements leading to additional investments into Effluent Treatment Plant ETP. Additionally, its on going and timely capacity expansion will help it to use the enhanced export opportunity.

Leading global player Aarti is one of the largest producers of benzene derivatives in India as this is the prime focused specialty chemicals segment of the company and overtime the co m p a n y h a s e m e r g e d a s o n e o f t h e l e a d i n g manufacturers globally.

Globally, Aarti has the 3rd largest capacity in chlorination, 2nd largest in ammonolysis and hydrogenation, and 4th largest in nitration. Additionally, AIL enjoys cost competitiveness through backward and forward integration and commercial viability of byproducts. The proposed products are the high margin product which will help AIL to improve its margin. Moreover with these proposed unit AIL will manufacture more value added products which will place the company across the value chain of the product under speciality chemical.

With increasing focus on downstream products, the revenue mix is likely to improve towards more value added products that will lead to value growth for Aarti. Valuation Aarti Industries Ltd AIL is one of the largest producers of Benzene-based basic and intermediate chemicals in India and global leader in various products. The ongoing capacity expansion taken up by the company under different segment will help the company to improve its product portfolio and will also help the company to foray into high margin value added products.

The company has guided for capex plans of Rs. The demerger plan of Pharma and personal care division has been currently postponed but as and when it will happen it will be a long term trigger for the company as the management of the company want to focus only on the core business. Chinese slowdown in supply of speciality chemical is also positive for AIL as it has one of the low cost production facility and is better placed to make the most of the opportunity. Going ahead global leadership position, capacity expansion plan, going into high margin segment and china slowdown will the major triggers for the company.

Further as and when the demerger plan will be executed, it will further rerate the company. Cr Outstanding shares Cr 1. Company has manufacturing capacity of In total sales volume of Thus, passenger car segment is the largest contributor of sales volume and company holds healthy market share in the segment.

Further, the expectation is that the sales of passenger car would get traction from good monsoon across the country and will be benefited from seventh pay commission. Gradual pick up in industrial activities would also lead to higher commercial vehicle sales which had shown muted growth in last few years amid slowdown in domestic economic activities.

Steady growth in auto sector on the backdrop of above normal monsoon, rising disposable income, benefits of seventh pay commission and industrial activities pick up would drive the growth for SSWL. Expansion to boost growth To boost growth, company has always done expansion.

During , SSWL has total installed capacity of 10 million wheels, which company has increased to Kalink Co. Increasing demand for alloy wheels led the shift happening from Steel Wheel Rims to Alloy wheels across all variants of passenger vehicle.

Besides, company has also set up modern high tech steel process unit with monthly processing capacity of 20, tonne steel. Apart from captive consumption it will be undertaking steel processing for companies like Tata Steel ltd. Strong client base SSWL is enjoying strong relationship with most of the passenger vehicle OEMs in India and with the launch of alloy wheels it will be an additional offering to existing relationship. Strong client base ensures sustainable revenue growth for the company.

Improving utilization rate Company has witnessed higher level of utilization across all facilities in last few years. I t h a s manufacturing capacity of Though the new capacity addition will be alloy wheel rim which will be a new product for the company.

Increasing demand for alloy wheel will lead the company to set up separate alloy wheel plant at strategic location in Gujarat. Further, company has witnessed improvement in utilization rate mainly in CV segment, which indicates recovery in domestic macros. SSWL has maintained healthy balance sheet with gearing ratio at 1. Improving margin with better utilization, improving ROE and ROCE, new capacity expansion and market leader on the steel wheel segment will ensure steady wealth creation for investors.

Hence, we recommend our investors to BUY the scrip for a target price of Rs from months investment perspective. The decision was taken at a high-level meeting chaired by Prime Minister Narendra Modi. In November, the government eased norms for overseas investment in 15 sectors. Now most of the sectors would be under automatic route, except a small negative list. The government will also soon bring out a small negative list of sectors that will spell out some caps and conditions attached to foreign investments.

With these changes, India is now the most open economy in the world for FDI. In last two years, Government has brought major FDI policy reforms in a number of sectors viz. This is the highest ever FDI inflow for a particular financial year. However, it is felt that the country has potential to attract far more foreign investment which can be achieved by further liberalizing and simplifying the FDI regime.

Changes introduced in the policy include increase in sectoral caps, bringing more activities under automatic route and easing of conditionalities for foreign investment. These amendments seek to further simplify the regulations governing FDI in the country and make India an attractive destination for foreign investors. India now the most open economy in the world for FDI; most sectors under automatic approval route.

The reforms are a result of months of deliberations among various departments and are not announced in a hurry to divert attention, she affirmed. Assocham Secretary General D S Rawat said the decision will help in bringing investment and advanced technology into the defence sector, potentially leading to inflow of capital and setting up of entities of original equipment manufacturers OEMs and their suppliers through technology transfer. The liberalization of limits in defence, brownfield pharma, airports, private security services, food processing etc can be game changers and be a huge source of employment creation.

In this regard, the following changes have interalia been brought in the FDI policy on this sector: i. Global players from Israel, Russia and European companies are expected to make a beeline to India for setting up their plants in India. The fact that there was no control permitted earlier was a major issue that was quoted for not investing in India. That obstacle has now been removed and coupled with the major simplification in the DPP, OEMs should respond positively and proactively to these path breaking reforms.

This decision will now bring in real investments provided the defence ministry also speeds up the procurement process and issues big ticket orders. Civil aviation i. The Centre has decided to allow per cent FDI in domestic airlines, but the catch is that foreign airlines can hold only up to 49 per cent in such ventures and the balance can be held by a foreign body that is not an airline. Earlier, the FDI both from airlines and foreign portfolio investors was restricted to 49 per cent.

The existing conditions to get a licence to operate an airline in India will remain and will be vetted by the Directorate General of Civil Aviation. The foreign portfolio holding in Jet Airways is 4. At AirAsia India and Vistara, foreign airlines already own 49 per cent; therefore additional investment can come only through foreign funds.

Official Statement. The decision has finally ended a six-year long uncertainty over regulations on mergers and acquisitions in the sector viewed as critical for supplies of affordable medicines. The pharma sector is expected to grow by 20 per cent on account of relaxed foreign direct investment FDI norms and a separate ministry to focus on the sunrise sector is on the anvil, Chemical and Fertiliser Minister Ananth Kumar said.

There is huge potential in the sunrise sector and more investments would boost prospects of growth, he added. Currently one of the major issue among the pharma sector is drug price controls which has put a question mark on growth and profitability in the domestic market. At present, the pharma department is looking after the drug price regulation while various other facets like licencing is with Health Ministry, promotion of industry with Commerce Ministry and research with Science and Technology Ministry.

In order to bring about all these things together under pharma ministry, proposal to the Cabinet Secretary as well as to the Prime Minister has been made which will simplify things for pharma sector. According to industry experts, approving FDI in the pharmaceutical industry will trigger mergers and acquisitions of domestic pharmaceutical companies, affecting domestic generic drug manufacturers.

MNCs would try to enhance their market share in the Indian market by taking over smaller firms and targeting even bigger ones. Since the cost of manufacturing was cheaper in India, MNCs would capitalise on this situation. The move would require infrastructure creation for processing, preservation and storage of food and to reduce wastage, especially of fruits and vegetables. It will go a long way in expanding the e- commerce network in India. Further, this could enable some of the existing e- commerce players to attract FDI in the food category, where they are selling only products manufactured or produced in India.

So, around 40 million TV households are yet to go through the process of digitisation. While in case of phase 3, of the 40 million TV households which were to be digitised, 10 million homes are still left. The move will allow the cash-strapped cable industry to get foreign investors who will help MSOs expand in rural markets.

Phase 4 market essentially includes rural India, for which fibre optics lines need to be laid down. In addition to implementation of new set-top boxes, some of the old boxes are required to be replaced by highdefinition set-top boxes. W h i l e c a b l e i n d u s t r y executive s we l co m e d t h e announcement, DTH firms and HITS operators said that it will provide no additional benefit and is premature. Single Brand Retail Trading Taking into account its Make in India initiative aimed at promoting manufacturing, the government sought to streamline the waiver from local sourcing norms under single-brand retail to companies with state-of-the-art and cutting edge technology.

Apple Inc. Amoung the other companies, Chinese smartphone maker LeEco and Xiaomi, is expected to benefitted from current FDI rule as they had applied for retail FDI and now hopeful that its application will get fast-track approval.

While the language is not too clear, it appears that the entities engaged in trading of such products would now need to comply with the sourcing norms over a period of 8 years 3 plus 5 as against an earlier norm where the government had the option to completely waiving the sourcing norms for such entities.

Controlled conditions for these sectors included aquariums and hatcheries where eggs are artificially hatched and incubated in an enclosed environment with artificial climate control. After the relaxation, foreign companies can invest up to per cent in companies engaged in breeding of fishes outside hatcheries and aquariums.

However, in some cases government missed the expectation for not implementing the reforms by passing the important legislative bills in parliament. Though, the expectation is high that most notable GST bill will be passed in monsoon session and government would be able to implement the bill from April Logistic and warehousing is an important infrastructure which India needs to develop in order to boost economic growth.

Still India is at initial stage of development in logistic sector and has long way to catch up with most of the advanced economies. Logistic is the mainstay of the economy, given an efficient, cost effective flow of goods on which other commercial and manufacturing sectors depend. Logistic sector constitutes a mix of transport, warehousing and other related services and freight is transported mainly through roadways, railways, coastal and pipelines.

Over the past years, logistic sector has been in limelight due to emergence of long term themes and expectations of the pickup in volume growth from revival in domestic macros and other government initiatives like Make in India, construction of Dedicated Freight Corridor DFC , port development and investment in road infrastructure, rollout of GST and exponential growth in the e-commerce segment.

Logistic infrastructure needs to develop in India to catch up global standard Logistic sector in India is still at a nascent stage as compared to global standard. The sector is highly fragmented and dominated by unorganized players especially the road logistic segment. The logistic industry suffers from systemic inefficiencies and a number of challenges to growth including lack of good infrastructure, high handling costs, procedural delays and pilferages, thus resulting in higher-than normal logistics costs for the domestic logistic companies.

Further, there have been long standing reforms pending like abolition of state wise taxes, creation of modern warehousing facilities and streamlining of customs formalities. Indian logistic sector is highly fragmented and unorganized, hence the issues like limited capital to scale up the business, low credibility and non-standard process persists in the sector. When compared with the international trade logistics networks, the Indian logistics network lags on all aspects, be it infrastructure, customs or quality of services thus, the outcome is high cost, uncertainty in time and low reliability.

China ranks at number nine immediately behind Switzerland while Germany leads the index. The cost of trading whether by sea, land and air, play a critical role in determining the price of the end product, hence poor logistic infrastructure would always heighten the peril of higher inflation.

According to Mckinsey study, inefficiencies in logistic infrastructure add an extra cost to the Indian economy by USD 45 billion, about 4. Moreover the report has highlighted the issue that by freight traffic demand in India would grow by 2. Thus the scope of growth in logistic space is very wide and there are number of logistics companies who have been operating across several segments in order to provide integrated solution to the customers.

In order to increase the competitiveness, certain logistic companies have developed expertise in selected segments of supply chain such as transportation, dry ports, warehousing, express distribution and non-vessel operating common carrier NVOCC. Hence with right policies in place, there are immense opportunities for logistic companies to grow their business by multifold in coming years.

Sector to benefit from domestic economy revival Improving Q4FY16 results of corporate and gradual revival in industrial activities reflected in IIP data, hints early sign of economic recovery. Logistic sector has strong correlation with the economic growth, thus any sign of green shoots in economy would drive the growth for the sector. One leg of the freight movement belongs to the primary economy which involves bulk movement of raw materials locally sourced and imported domestically to production centers.

The contribution of the secondary freight to GDP is greater as the freight is handled and shipped multiple times and also moves through networks of terminals and distribution centers. The recovery in domestic manufacturing sector and improvement in consumption trend would drive higher movement in goods which would lead the growth in logistic companies.

There are tractions in the Indian economy as the global commodity prices are benign amid economic slowdown in China and other major consuming nations. Being the net importer of commodity, India is one of the beneficiaries of lower commodity prices and is also insulated from global economic turmoil to some extent.

Good monsoon is also expected to cool down the inflation which has just started to head up, thus would provide room for central bank to reduce the interest rate in order to propel the growth. The higher c o s t o f l o g i s t i c s h a s a d v e r s e i m p a c t o n t h e competitiveness and profitability of the Indian manufacturing industry.

The Index measures logistics competitiveness of a country across 6 parameters i. Customs, Infrastructure, International shipment, Logistics competence, Tracking and tracing, and Timeliness. Further, lack of investment in port infrastructure and administrative delays impact the efficient evacuation of the EXIM traffic at ports. Over the years, rail cargo has lost its share to road owing to lack of investment on rail infrastructure. NDA government has been aiming to revive the railway sector and is striving to enhance the market share of Indian railways by eliminating capacity bottlenecks which constrain growth and also aim to improve the efficiency of operations.

Thus the rollout of Dedicated Freight Corridors can help to arrest the drop in market share for railways in freight segment. The objective of DFC would be to create world class infrastructure, enhance investment climate by attracting foreign investment and to promote the economic development of these neighboring regions.

Port in Navi Mumbai. It is expected that the project would envisage an employment growth potential of CAGR The commercialization of DFC will augment the capacity by allowing a movement of containers per train in around 24 hours from JNPT to NCR compared to 90 containers in around hours, at present.

Hence, the rollout of DFC is one of the major catalysts for logistic sector to grow in future. Rollout of GST would benefit the logistic sector as it would reduce the tax complexity, bring efficiency in cross-state transportation, streamlining paperwork for road logistics operators and would bring down the transit time and logistics costs.

Further, GST will permit rationalization of warehousing space, as currently corporate generally operate state-level warehouses, inventory and distribution centers to avoid Central Sales Tax CST , rather than maximizing on operational efficiency. Besides, the rollout of GST would drive consolidation of warehousing space across the country, improvement in efficiency of road transporters and would develop supply chain management. Freight trains take 2.

The key challenges the rail transport face are high turnaround time and low speed of freight trains. Government is looking to improvise on these challenges by targeting fast track implementation of DFCs, increasing the allocation of investment, developing Multimodal Logistics Parks and Industries and rationalized the rates for DFC. The rollback is expected to improve the competitiveness of rail freight over the roads.

Recently Shipping ministry announced that they have planned to offer companies an incentive to Rs 1 per tonne to transport goods, including food grain, automobile, cement and other commodities through inland water ways and costal shipping. The ministry conveyed that the incentive will be given to industry for switching to cleaner transportation like inland water ways and costal shipping from railways and roadways.

The incentive offer would cost government Rs crore per year as per shipping ministry. A shift from roads and railways to costal shipping could lead to emission savings of about 3. Government also suggested for reducing the cost of costal shipping by changing cabotage law, under which only Indian registered ships are allowed to ply on local routes for carrying cargo.

The shipping ministry also suggested the imposition of green taxes on less environmentally friendly modes of transport such as roadways which would increase freight share of costal shipping due to low cost of transportation. Ministry also highlighted some of the key competitiveness of shipping transport like transportation by waterways cost 25 paisa per km as compared with Rs 1.

The availability of options like Cash on Delivery and newer payment options such as mobile payment wallets, has led to substantial jump in deliveries across many markets. The e-commerce players need to deliver products quickly to their customers and one of the most important clientele segments for them are in the tier II and tier III cities.

Thus, there will be significant demand for warehousing and logistic space in India. To tap the market, a number of startup companies have been able to expand into the smaller centers backed by funding from investors. As per Bank of America Merrill Lynch, Indian e-commerce sector will surge to USD billion in value of goods by from current USD 11 billion, leaving lot of opportunities for domestic logistic companies to tap the market.

Structural reforms are needed in Indian logistic sector if it wants to compete with other developed and developing nations. Logistic infrastructure is directly linked with the overall economic development and hence it is imperative to develop and enhance the logistic infrastructure. As Indian economy is based on consumption, inflation is always a matter of concern for the government. Thus proper logistic infrastructure to reduce transportation cost would support government to contain inflation and boost real GDP growth.

Government is aware of poor logistic infrastructure in the country and has been taking initiatives to address the issue. Fast track implementation of DFC project, construction of multi modal logistic park, roll back of Port Congestion Surcharge on railway freight and incentivizing the shipping transport are the notable reforms that government has announced towards the development of the sector.

Further, rollout of GST would be a game changer for the sector as it would bring down the transit time and logistics costs. Thus, clearly the latest set of rainfall figures raises obvious doubts regarding the authenticity and the effectiveness of the forecasting methods or set of results drawn by IMD and as well as Skymet.

Unfortunately, most of them have come up with unpleasant results and the accuracy of forecasting have been kept wanting. While the forecasting agency has acquired new technologies from time to time, however, the forecasting accuracy has still been lagging behind international standards.

The recent predictions for the last two years and the one for year , when India experienced severe drought against expectation of normal monsoon, clearly narrates the story. The government also had to import pulses higher in order to fill up the lag in production. Thus clearly the taming inflation statistics could very easily go haywire unless the food inflation component in CPI is lowered, major risk for India in its lower interest path.

Even today, we look for signs of good monsoon for boosting agriculture and filling up of the reservoirs. Since the monsoon is yet to pick up pace, this has delayed the sowing of rain-fed kharif crops.

According to media articles, so far, an area of Thus, the figures are dismal and alarming both at the same time, however one needs to be patient and follow the progress of the monsoon in the next few days. As per the data from the Ministry of Agriculture, the area under rice, the main kharif crop, stands at 1.

Pulses have been sown so far in 0. Cotton has been planted in 1. Sugarcane has been planted so far in 4. The higher interest in sugarcane sowing is probably tracking the higher global as well as domestic prices and the latest policies drawn. But it presages another important development discussed by Brian Roberts during his Communicopia interview:. And we see a similar road map possibly for that.

Self-configuring TVs cable services on demand, Comcast Flex turbocharged, both? Self-configuring modems perhaps embedded within existing Wi-Fi access points? These are two of the last remaining cost sources driving installation costs. Political Spending: Masking Weakness. No doubt that the advertising climate was bad in 2Q. All of that changed in 3Q with baseball and football returning. And then, the mother of all ad fillers — political advertising. Full release here. Cable as a medium is diminished because of increased streaming competition, but there are plenty of scatter advertising slots to be filled, and many tight races to fill them with.

Every advertising seller loves multiple tight races, and there seem to be an abundance of them this year. The impact to cable vs. More sports, more politics, more new content. Expect these to be important themes not only for 3Q but for October For a slightly dated but likely proportionally correct presidential, governor, senate race breakdowns assessment of the rate, this report from Advertising Analytics, Cross Screen Media, and Politico is a useful primer. More companies will be discussing wireless network deployments than ever before.

With the Citizens Band Radio Spectrum CBRS auction quiet period over, many companies are not waiting to discuss their deployment plans and qualifications. Here are a sampling of the news reports:. The important thread here is that each of these companies has not had to manage this much RF in some time if ever. They now have the opportunity to increase their addressable market through wireless High Speed Internet deployments faster than satellite — even Starlink and possibly use CBRS as a business failover circuit diverse path.

We will be listening for a quick deployment schedule that treats CBRS as a transformational event vs. Until then, if you have friends who would like to be on the email distribution, please have them send an email to [email protected] and we will include them on the list or they can sign up directly through the new website. Stay safe, keep your social distance, and Go Chiefs whenever they may play!

The post The Sunday Brief: What pandemic? Source link. Skip to content. The Sunday Brief: What pandemic? Telecom 3Q earnings preview Part 2. The week that was What a difference a few weeks makes to Fab 5 valuations. What pandemic?

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