Indian Economy

[SKC]

The lower end cars like Alto, WagonR, Celerio, Kwid does not make sense when the top end prices were 6-7 lacs on Road. People were getting a bigger Second hand city, i20, baleno for this price.

The price increase put these cars in such disadvantage.

But we cannot always be making cars with starting price between 3 to 4 lacs. If you adjust for inflation, then an INR 3 lac car from 2004-5 will be like 4.8-5 lac today! Which is what a decent spec Alto K10 is being sold for.
People are not finding 5 lac INR car any worth now. If they have put close to 5lacs on a car then they try to increase budget and go for Swift/Tiago directly.​

 

[ulinatheclever]

But we cannot always be making cars with starting price between 3 to 4 lacs. If you adjust for inflation, then an INR 3 lac car from 2004-5 will be like 4.8-5 lac today! Which is what a decent spec Alto K10 is being sold for.
People are not finding 5 lac INR car any worth now. If they have put close to 5lacs on a car then they try to increase budget and go for Swift/Tiago directly.​

Just give some of my opinion all 6 lacs and lower cars have gotten a reputation for being taxi cars which maruti had not stop from becoming that.

Tata with there nano experience cleverly decided to not let there cars from being sold as taxi.therefore it almost impossible to find tata altroz or nexon as taxi.

I not allowed to fund the same.

 

[SKC]

Just give some of my opinion all 6 lacs and lower cars have gotten a reputation for being taxi cars which maruti had not stop from becoming that.

Tata with there nano experience cleverly decided to not let there cars from being sold as taxi.therefore it almost impossible to find tata altroz or nexon as taxi.

I not allowed to fund the same.

Not exactly. 90% of taxis sales for MS are limited to

1. Tour H3 - WagonR
2. Tour S - Dzire - it used to be previous generation available as Taxi variant but after BS6 implementation, same gen available as taxi now
3. Tour M - Ertiga

Apart from these three only Alto K10 and EECO are available as Taxi variant now, but their share is much lesser.

Remaining Cars - S-Presso and Celerio are no longer available as Taxi variant.​

 

[ezsasa]

there was panel discussion yesterday by cfr on Indian economy, i suppose they didn't do a background check on ridham desai of morgan stanley before inviting him. he ended up painting an upbeat picture on indian economy contrary to washington consensus on India, including about economic upliftment of muslim minority.

now that video is nowhere to be found. let's see if they will put it back, else it is foul play.

 

[FalconSlayers]

Despite FPI pullout

View: https://x.com/IndianTechGuide/status/1854124068749938830

 

[Cheepek]

Do you guys know about this?

How India Paid to Create the London of Today

A sudden change in the currency with which old debts to the colonies had to be paid helped Britain consolidate its status as a financial centre

cms.thewire.in

Independent India and the Secret UK-US Deal That Changed It All

How India’s dream of using her wartime loan to finance development went up in smoke.

thewire.in

 

[shuturmurg]

Ya'll Nibbiars The Vanguard cuts Indian ride-share startup Ola’s valuation to $2B
Vanguard has revised its valuation of Indian ride-hailing startup Ola to about $2 billion as of the end of August, according to a regulatory filing.

A U.S. asset manager’s fund disclosed in a filing that it values its holding in ANI Technologies, the parent firm of Ola, at about $14.3 million, compared to some $51 million it spent to acquire those shares.

The OLA CEO is a chutiya, he should hire proper industry veterans. Uber did the same, forced their founder out and hired CEO of expedia, who turned uber into profit making company.

Sometimes, founders are not best manager to manage complex big scale organization. Another example is Google, Brin and Page hire Eric Schmidt as CEO as both of them were Phd researchers. One of them later became CEO years later, after he worked in company in other capacity and learnt to manage huge corp.

 

[ArjunMK1A]

The OLA CEO is a chutiya, he should hire proper industry veterans. Uber did the same, forced their founder out and hired CEO of expedia, who turned uber into profit making company.

Sometimes, founders are not best manager to manage complex big scale organization. Another example is Google, Brin and Page hire Eric Schmidt as CEO as both of them were Phd researchers. One of them later became CEO years later, after he worked in company in other capacity and learnt to manage huge corp.

Got an tidbit for OLA.

Relatives friend is head of Quality and their concern is getting ignored by Bhavish in order to get high sales number.

Will not end well for any company with this shitty attitude.

 

[shuturmurg]

Got an tidbit for OLA.

Relatives friend is head of Quality and their concern is getting ignored by Bhavish in order to get high sales number.

Will not end well for any company with this shitty attitude.

At this point dude should be fired by investors and board.

 

[ezsasa]

Do you guys know about this?

How India Paid to Create the London of Today

A sudden change in the currency with which old debts to the colonies had to be paid helped Britain consolidate its status as a financial centre

cms.thewire.in

Independent India and the Secret UK-US Deal That Changed It All

How India’s dream of using her wartime loan to finance development went up in smoke.

thewire.in

came across that 5000 tonne gold in 1947 YT video, is it?

had started digging on this a few days back..
so far reached IMF 1947 annual report.
https://www.imf.org/external/pubs/ft/ar/archive/pdf/ar1947.pdf

yet to make sense of this data..

Bank of england 1947 annual report was not helpful. entire India was listed under one line item. big principalities like hyderabad also must have stored their gold in london, will have dig deeper to find exact details.

 

[Cheepek]

came across that 5000 tonne gold in 1947 YT video, is it?

had started digging on this a few days back..
so far reached IMF 1947 annual report.
https://www.imf.org/external/pubs/ft/ar/archive/pdf/ar1947.pdf

yet to make sense of this data..

Bank of england 1947 annual report was not helpful. entire India was listed under one line item. big principalities like hyderabad also must have stored their gold in london, will have dig deeper to find exact details.

Yup same vid
Britain stopped convertibility and then devalued sterling(30% in 1949), leaving us with shit on our hands

 

[FalconSlayers]

Yup same vid
Britain stopped convertibility and then devalued sterling(30% in 1949), leaving us with shit on our hands

And today it itself is left with shit in its hands while Sonchiriya is flying again.