Rajat Sharma on ITC & Bajaj Finance and why he won’t invest in LIC IPO

I would rather wait for LIC to get listed and whatever price it gets listed on, I will decide whether to buy LIC or not at that time,” says Rajat Sharma, Founder & CEO, Sana Securities.

Are you scouting for opportunities within autos? Hero MotoCorp NSE 1.34 % is in my portfolio. I have recommended this stock many times and the reason is simple; whether you talk of EVs or the shift that these companies will make, I expect two two-wheeler companies – Bajaj Auto and Hero MotoCorp – more than the four- wheeler auto space to do well. These are the companies which have shifted their manufacturing first to cater to all the requirements of the EV.

Two things will happen here. In a country like India, the demand for two-wheelers is not going to go down ever. It is the burgeoning middle class in this country and the two-wheeler demand will keep growing and these are the companies which will make a shift to complete production for EVs. So whether these stocks move up or down right now, I am really positive on these stocks from a longer five-seven-ten year kind of time horizon.

CHECK OUT : https://economictimes.indiatimes.com/markets/expert-view/rajat-sharma-on-itc-bajaj-finance-and-why-he-wont-invest-in-lic-ipo/articleshow/91104068.cms

Bollywood is under serious threat from Bharatiya cinema — and it’s good news

The democratisation of cinematic space is one of the most refreshing changes in recent times. The cinematic space monopolisation of Bollywood, predominantly in the Hindi heartland, has been shattered for the good. The mundane world of Bollywood is finally seeing the end of the day. The overdose of appeasement, movie remakes, body shaming, flimsy storytelling, abysmal direction, lack of creativity and superficial stardom has finally been breached.

Come 2022, the mediocrity of Bollywood stands totally exposed in front of the brilliance of Bharatiya cinema. The movie industry called Bollywood which has been infested with nepotism and mediocre talent is suddenly facing an existential crisis because of the growth of Bharatiya cinemas. The three biggest blockbusters of the year are all from Bharatiya cinemas

The success of Pushpa: The Rise, RRR and KGF2 in 2022 has brought about a paradigm shift in the movie industry of Bharat. Bollywood, which used to monopolise the cinematic space in the Hindi heartland appears to be currently playing second fiddle to the Telugu, Kannada, Malayalam and Tamil movie industry. The ramifications of such a colossal change is likely to affect how the cinema industry will shape up for the next decade or so. This will in turn affect how the impressionable minds of the future will think and believe. It will also bring about a more competitive environment in which content will be the king.

READ MORE : https://www.firstpost.com/opinion/bollywood-is-under-serious-threat-from-bharatiya-cinema-and-its-good-news-10601971.html

Tata Steel, ArcelorMittal-Nippon Steel India unlikely to bid for NMDC unit

Tata Steel and ArcelorMittal-Nippon Steel India (AM/NS India) may not bid for NMDC’s privatisation-bound, under-construction 3 million tonnes per annum (mtpa) steel unit at Nagarnar in Chhattisgarh. This leaves Sajjan Jindal’s JSW Steel, Naveen Jindal’s Jindal Steel and Power and new entrants into the steel sector like Vedanta and Adani Group, in the fray.

The Centre had in October 2020 approved demerger of the unit from the parent NMDC and strategic disinvestment of the demerged entity by selling its entire stake in it to a strategic player. NMDC is likely to complete the demerger process by August-September, coinciding with the commissioning of the unit. Following this, bids for the demerged entity would be called for.

NMDC may end up spending around Rs 22,000 crore, higher by Rs 6,500 crore than originally estimated, for the plant mainly due to seven years of time overrun

Read More : https://www.financialexpress.com/industry/tata-steel-arcelormittal-nippon-steel-india-unlikely-to-bid-for-nmdc-unit/2503233/