https://twitter.com/mtvenglishnews/status/1195088533351997441?s=21
For those unaware, Harsh Dalal was a 19 year old entrepreuner who claimed to run a $19 million company called Teamlabs. He has since been featured on Forbes, CNA, Straits Times etc.
After a series of investigation, it was found out that this was all one big lie and that the company never existed.
Ever since, Harsh Dalal has kept a low profile and has never shown up in local news, or anywhere else for that matter.
Does anyone know what happened to him? He was quite a prominent figure in Singapore Polytechnic so surely some of us here should have some info on him right? I am very curious.
Their long lasting relationship is an anomaly in Bollywood which makes me wonder if it's too good to be true?
Crypto Legislation Is Also Crucial to Reining In Terror Funding and Laundering Operations
This bitch can't criticize cryptos enough. I don't think she understands the fact that if the terrorists are using it means that it has good potential and the blockchain is strong and can provide us with financial independence.
I filled the online form for bike license yesterday and the date that came was of 2023. I don't want to wait a whole year and a half for my license. I need help where to find dalal in Kathmandu how much they cost and what are the procedures.
Mumbai-based footwear retailer Metro Brands is slated to hit the market on December 10 to raise up to Rs 1,367 crore. The price band has been fixed at โน485-500 per share. Investors can bid for a minimum of 30 shares. Backed by ace investor Rakesh Jhunjhunwala, no wonder it is the talk of the town!
IPO Details
The share sale includes fresh issuance of shares worth โน295 crores and an offer for sale worth Rs 2.14 crore equity shares by promoters and other shareholders. The company aims to utilise these proceeds to open new stores under the brand โMetroโ, โMochiโ, โWalkwayโ, and โCrocsโ and for general corporate purposes. The companyโs promoters will offload a 10% stake through the proposed IPO. They currently own 84% of the company. Mr Rakesh Jhunjhunwala is not offloading any of his shares.
The three-day issue will close on December 14.
Letโs Talk Numbers!
The company operated 598 outlets in 136 cities across 30 Indian states and union territories as of September 30, 2021. In India, the firm had the third-largest number of exclusive retail outlets. In FY21, in-store product sales, online product sales, and omnichannel product sales represented 92%, 6.5%, and 1.5%, respectively of the companyโs total revenue from operations.
The companyโs revenue from operations declined from Rs 1,285 crores in FY20 to Rs 800 crores in FY21. The companyโs Return on Capital Employed (ROCE) was 26%, 20%, and 9.5% for FY19, FY20, and FY21, respectively.
Key Risks
One imminent risk can stem from further full or partial lockdowns due to the new variants of COVID-19, as more than 90% of the companyโs revenues accrue from physical stores and has a minimal online presence. The company closed down 24 stores in FY21 owing to insufficient footfalls owing lockdowns.
For FY21, the company generated 31% of its revenues from the sale of third-party brands. A loss of one or more of these brands could put a dent in its sales. As is the case with the majority of the IT companies, Metro Brands has a high attrition rate in a manpower-intensive industry. Also, among the intense competition, the company has not undertaken significant marketing and promotional activities that could ensure brand loyalty among its customers.
A Look at its Competition
The company classifies Bata India Limited and Relaxo Footwears Limited as its competitors. Among the three companies, Relaxo and Metro Brands are profitable ventures with a positive return on net worth, whereas Bata Indi
... keep reading on reddit โก
This article caught my eye and I decided to do a little bit of investigation
Dalton runs two start-ups: Glance.sg, a hyperlocal platform for freelancers, and ContainerPay, a payment processing system for the shipping industry.
Part 1) Glance.sg
- Container Pay
Container Pay only has 5+ download and the office is a shared office (If you google the location)
Come on lah, SP already got Harsh Dalal, Dalton Ng is also from SP. Sadge year for SP if they got another case like this.
Updated: From glance
https://preview.redd.it/l2h6182z7vc71.png?width=411&format=png&auto=webp&s=dca2b688973bad2cbea8ef790b3c18627284e5d4
Hey Folks,
This Christmas, we wanted to make gifting great again. So, we've come up with a little something for you all. Gift 2 of your friends/uncles/bosses a FREE Indian st0Nk. All you have to do is sign up with us with your number and WhatsApp us your most embarrassing story of 2021 (don't worry we will keep it anonymous). And of course, tell us the 2 lucky souls who will get the FREE st0nk.
Also, did I tell you it's FREE?
The video I'm referring to is this: Crypto Currencies Spread Like MLM Schemes while Government Watches in Silence .
Her opposition is what has been told by everyone: backed by nothing, china ban, it's a bubble, no regulation, corruption sebi/rbi/sc, politicians fool people, used by criminals etc etc
This is nothing new. This is true for all investments where people invest. She has no understanding of what is crypto currencies. She is just like a grandmother telling you to be safe out there. It is a great advice for all investments.
But I doubt she knows what is decentralized finance, smart contract, "not your keys not your coins" mean. All her accusations against crypto can be said for literally any investment, not just cryptos. But cryptos offer you something which others investments don't: you can literally own them in your own wallets where no one can touch them. No govt, no rich or poor people can take your coins if you keep them in a cold wallet. This makes them very unique from other investment classes like gold, real estate, stocks, bonds etc etc.
This is truly a revolution in finance. She's just too uninformed to know it yet.
