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Dec 7 2020 . ISSUE 25

Good morning!😊 folks ! A day after we touched 1000 followers on Instagram! Now that was bullish than Nifty.

Every once in a while, the market does something so stupid it takes your breath away.

– Jim Cramer




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Pfizer seeks emergency-use authorisation for its Covid-19 vaccine in India.

Likhitha Infrastructure Ltd secures contract of Rs. 112.88 crore from IHB Private Limited (a joint venture company of Indian Oil Corporation, Hindustan Petroleum and Bharat Petroleum).

Dabur vs Marico: ASCI to be involved.
Documents in a folder with Trump Organization insignia

Filing a motion against sugar syrup in honey could well be one of the weirdest cases to be brought to consumer court and yet that's what Dabur is planning to do. 

A Case Of Sugar Syrup

Marico's Saffola Honey is the culprit who has allegedly misled the authorities and the public by claiming a 100% pure 'sugar syrup' less honey. 

To challenge the purity claims, Dabur India has said that they would be filing a complaint with advertising watchdog Advertising Standards Council of India (ASCI) against rival Marico.

Dabur claims Marico is misleading the consumers with their NMR test results and that various test reports indicate the presence of sugar syrup in Saffola's honey. 

Who has the better honey? 

The two FMCG giants have been at each other's throat over claims regarding their honey brands. 

Both firms allege that each other's honey hasn't passed the Nuclear Magnetic Resonance Spectroscopy (NMR) test. 

This isn't the first time this year that Dabur has moved against Marico. Earlier this year they made allegations that Marico copied the design and packaging of its existing honey brand.

Bottom line: Dabur take home the significant share of the packaged honey industry, therefore it's logical for them to curb competitions. 

DLF to invest about ₹130 crore to develop data centre in Noida
walmart shopping

A new data centre is on its way to Noida, and expect it to be a one of its kind because DLF is splashing the cash. 

Data Centre 

In a move to cash in on the rising demand of data storage capacity, realty major DLF will invest around ₹130 crore over the next 18 months to develop a data centre with proper infrastructure and high power capacity in Noida. 

The data centre project will have 3.7 lakh sq ft space and will be part of a 25 acre commercial project with huge potential. 

DLF has leased the data centre project to Singapore-based ST Telemedia Global Data Centres. 

Bottom line:  DLF is pretty much making the right moves here, keep a close eye on their stock. 

VECV's Bagroda Unit Starts Operation.
walmart shopping

VE Commercial Vehicles today commenced the commercial operations at its new, state-of-the-art truck manufacturing unit at Bagroda, Bhopal. 

Development in sight 

This becomes the company’s 8th manufacturing facility in the state of Madhya Pradesh and has been set up with Industry 4.0 standards. 

The commencement of the plant will further accelerate development of the area as well as will create employment opportunities for local people.

Apart from meeting domestic demand, the firm will also strive towards contributing to the goals of Atmanirbhar Bharat and Make in India initiatives. 

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors. 

Bottom line:  Another step in VECV's vision to modernize commercial transportation. 

  • Thomas Cook India & its group company SOTC focus on year-end holiday demand - announces a 72 hour holiday flash sale from December 5 - 7, 2020.
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