Ryzen_renoir Posted November 30, 2020 Author Report Share Posted November 30, 2020 1 minute ago, hyperbole said: Half of India’s power will come from Adani’s solar farm, all the states will be manadated to buy 7-8k crores/year from Adani. If that happens what will happen to all the state governments and private sector power plants that were built in the last decade? half the ports are controlled by Adani now, in 2013 it used to cost $30k to dock/load and unload a ship and now it costs $130k, the costs will be conveniently passed on to the customers. 10 airports controlled by Adani, airport tax passed on to the customers. railways in line to be privatized and adani is at the fore front. BSNL not granted 4g spectrum yet to pave way for JIO. Clearly no corruption , Adani is just an expert in airports . I don't mind giving everything to Adani if they can go out and compete outside India like samsung , hyundai but Adani , Ambani companies lack any professional management structure , they don't have any value to add aside from being good at bribing BJP/ congress . I can't find a single counter from bhakts when Bangladesh is going is doing far better economically while still being a shitty democracy like us , they don't even have any infra at all and half the country is submerged every year . You can keep diverting all the funds from other states to Gujarat / UP and show them as model states but they are doing it at the cost of rest of the country . Quote Link to comment Share on other sites More sharing options...
Rudimental Posted November 30, 2020 Report Share Posted November 30, 2020 4 minutes ago, BeerBob123 said: Vallani verega evvaru em cheyyakarledhu uncle Nuvvu line lo standing aa uncle Quote Link to comment Share on other sites More sharing options...
Pappu_Packitmaar Posted November 30, 2020 Report Share Posted November 30, 2020 Someone complaints of not enough jobs are being created. What is the solution for this huge problem ? Start more and more PSU’s and hold job melas every month and create positions and fill up jobs ? Ambani or Adani, the problem is with the mindset of few individuals controlling more. Come on guys, let’s create billionaires and conglomerates first and then we will see how to break these conglomerates. Ambani/Adani are the type of people who create jobs. Without Mis use of power, you cannot become a billionaire or head a conglomerate. Political power, Capitalists or Corporate icons, They become big by abuse of power and that has been happening. It’s just the you guys are hearing few names quite frequently. Quote Link to comment Share on other sites More sharing options...
Pappu_Packitmaar Posted November 30, 2020 Report Share Posted November 30, 2020 Look at sad state of Indian companies, they are still reliant on order books and accounts books and rotate money. If they are severely hit one financial year, they are done for ever. Such is the sad state of finances of Indian corporate. And what do you guys expect from these companies ? Not even one Indian firm invests money on research, not because they don’t want to buy because they can’t just afford to do so because they are not yet so huge. We are At least ten years away from Indian company investing in research and development. Quote Link to comment Share on other sites More sharing options...
Pappu_Packitmaar Posted November 30, 2020 Report Share Posted November 30, 2020 You expect Adani to create a Hyundai or Maersk then let them do so and they have to start some where. Hyundai or Mearsk were not created overnight. Neither Adani has that kind of balance sheet. Will take 20 years for Adani to become quarter of what Maersk does. Adani is way too small in front of global players or perhaps, regional. Quote Link to comment Share on other sites More sharing options...
Ryzen_renoir Posted November 30, 2020 Author Report Share Posted November 30, 2020 8 minutes ago, Pappu_Packitmaar said: Someone complaints of not enough jobs are being created. What is the solution for this huge problem ? Start more and more PSU’s and hold job melas every month and create positions and fill up jobs ? Ambani or Adani, the problem is with the mindset of few individuals controlling more. Come on guys, let’s create billionaires and conglomerates first and then we will see how to break these conglomerates. Ambani/Adani are the type of people who create jobs. Without Mis use of power, you cannot become a billionaire or head a conglomerate. Political power, Capitalists or Corporate icons, They become big by abuse of power and that has been happening. It’s just the you guys are hearing few names quite frequently. It wouldn't be a problem if those guys can rise independently but not at the cost of others like it's happening now . Adani take over of Mumbai airport is a prime example , GVK maybe be corrupt but sudden takeover by Adani and all cases went cold . Instead of punishing wrongdoing , they are using it as an excuse to takeover everything . Adani has absolutely no expertise in airports , they don't even have professional management team but they could bag six airports . They are not creating jobs , they are taking over the entities that will create jobs regardless of whoever owns them . Are they efficient enough to run a airport outside India ? 1 Quote Link to comment Share on other sites More sharing options...
Ryzen_renoir Posted November 30, 2020 Author Report Share Posted November 30, 2020 1 minute ago, Pappu_Packitmaar said: You expect Adani to create a Hyundai or Maersk then let them do so and they have to start some where. Hyundai or Mearsk were not created overnight. Neither Adani has that kind of balance sheet. Will take 20 years for Adani to become quarter of what Maersk does. Adani is way too small in front of global players or perhaps, regional. Tata group has far better management than Adani but they cannot win any contracts because they won't bribe . I would be happy if NDA extended huge support to a group like Tata but bania's like Adani are worthless 1 Quote Link to comment Share on other sites More sharing options...
hyperbole Posted November 30, 2020 Report Share Posted November 30, 2020 12 minutes ago, Pappu_Packitmaar said: Someone complaints of not enough jobs are being created. What is the solution for this huge problem ? Start more and more PSU’s and hold job melas every month and create positions and fill up jobs ? Ambani or Adani, the problem is with the mindset of few individuals controlling more. Come on guys, let’s create billionaires and conglomerates first and then we will see how to break these conglomerates. Ambani/Adani are the type of people who create jobs. Without Mis use of power, you cannot become a billionaire or head a conglomerate. Political power, Capitalists or Corporate icons, They become big by abuse of power and that has been happening. It’s just the you guys are hearing few names quite frequently. PSU is not the answer to scale we know that already but do they have answer on where do we go from here? Are they giving access to credit to encourage small scale or startups? Try getting a 1 crore loan without collateral in India. Coming to ambani and adani- awarding contracts in such a fashion have never been sone before. They are literally drafting laws and making ways to benefit them- new farmers law, new electricity law are good examples. That is very bad to the country. regulatory framework is required and monopoly is dangerous for country of India’s size. make the systems that oversee the market acquisitions and competitive laws stronger like here and European systems. Consumer protection is non- existent in India and with such moves consumers protection a side but they will not even have a choice. 1 Quote Link to comment Share on other sites More sharing options...
Ayodhyaramayyaips Posted November 30, 2020 Report Share Posted November 30, 2020 1 minute ago, hyperbole said: PSU is not the answer we know already but do they have answer on where do we from here? Are they giving access to credit to encourage small scale or startups? Try getting a 1 crore loan without collateral in India. Coming to ambani and adani- awarding contracts in such a fashion have never been sone before. They are literally drafting laws and making ways to benefit them- new farmers law, new electricity law are good examples. That is very bad to the country. regulatory framework is required and monopoly is dangerous for country of India’s size. make the systems that oversee the market acquisitions and competitive laws stronger like here and European systems. Consumer protection is non- existent in India and with such moves consumers protection a side but they will not even have a choice. Comparing psu with Pvt firms is a narrative pushed through by so called crony capitalists and their political cronies...psu are and is being systematically decimated by vested interests in power irrespective of parties....we as a country are not yet ready to take in the existence of Pvt conglomerates...there is no ecosystem for it...all we get is a handful of people with autocratic ideologies getting a large share of pie...we hail murthys and co for their part but in reality they are nothing but subcontractors who does the brunt job taking advantage of cheap labour available...what is their contribution in r&d, did they innovate or create anything?...#just asking 1 Quote Link to comment Share on other sites More sharing options...
Pappu_Packitmaar Posted November 30, 2020 Report Share Posted November 30, 2020 29 minutes ago, hyperbole said: PSU is not the answer we know already but do they have answer on where do we from here? Are they giving access to credit to encourage small scale or startups? Try getting a 1 crore loan without collateral in India. Nothing can Govt do on this front. 1990's, Most Indian companies used to go to Hong Kong or Singapore for 500 crore loans. Even construction companies like L and T, HCC used to get funding from Dubai. Now SBI can loan you few billions in week's time. You don't have to shop for capital in London or New York. Now the answer to the question, Are you expecting Govt to provide collateral for 1 crore loan ? This is a whole different topic we can debate separately. Coming to ambani and adani- awarding contracts in such a fashion have never been sone before. They are literally drafting laws and making ways to benefit them- new farmers law, new electricity law are good examples. That is very bad to the country. That's fine. we are at least shaking up the medieval world laws. Let Adani become big and we will rob wealth from him. If it is Adani today, it will be some one else tomorrow. If you are concerned about laws being changed to benefit big players, then they are absolutely doing good. Power plants or Ports, massive infra projects which are being financed and operated by these guys and Govt gets tax, of course burden will be levied on common man but that's still okay, that will make up for the shortfall in tax collection's. regulatory framework is required and monopoly is dangerous for country of India’s size. make the systems that oversee the market acquisitions and competitive laws stronger like here and European systems. Monopoly is tough to survive for too long in country like India. Adani or Ambani, even they become big and monopolized the sector, it only for time being before the competition start brewing and has a competitor in sight. American Law or EU regulations were framed over the last 200-300 years and have been constantly updating to suit the need, they were not static like we had in India. We are catching up to their standards and a welcome move. Consumer protection is non- existent in India and with such moves consumers protection a side but they will not even have a choice. Laws are static, it will take few more decades before there is anything as "Consumer Protection". 20 years back it was inexistent, its kind of visible and will be more visible in the next decade. 1 Quote Link to comment Share on other sites More sharing options...
Pappu_Packitmaar Posted November 30, 2020 Report Share Posted November 30, 2020 Ambani or Adani, JIndals or Ruias or any big industrialists or corportae house in INDIA, it will take another decade for these companies to start investing in R & D. Even Indian Pharmaceuticals, if they can invest 30-40% of their turnover on R and D, they can over take their western partners but unfortunately, these sectors are still dependent on western markets for their orders. when they start selling drugs in local markets is the time when they can invest in R and D and make things better. I'm completely aware of corruption, malpractices and market absue when I'm trying to make a point. They are part of the market and economy and you cannot avoid. its like 'we wish to' but have to live with it. Quote Link to comment Share on other sites More sharing options...
Pappu_Packitmaar Posted November 30, 2020 Report Share Posted November 30, 2020 38 minutes ago, Ryzen_renoir said: Tata group has far better management than Adani but they cannot win any contracts because they won't bribe . I would be happy if NDA extended huge support to a group like Tata but bania's like Adani are worthless Tata Group, except for 8-10 firms, all other TATA group companies are in losses. Yes, thanks to TATA's management style and vision that TATA is able to steer ahead. If at all TATA had private individuals or groups holding 51% stake, TATA would also have been another conglomerate like Adani or Ambani. Quote Link to comment Share on other sites More sharing options...
Pappu_Packitmaar Posted November 30, 2020 Report Share Posted November 30, 2020 37 minutes ago, hyperbole said: regulatory framework is required and monopoly is dangerous for country of India’s size. make the systems that oversee the market acquisitions and competitive laws stronger like here and European systems. You cannot create framework first and then thinking industrialists will follow, is a failed idea every where. Look at Pharma City or Fab City. Regulations were framed and the result, real estate business and nothing flourished. Remember its not the cops who came first, its the robbers who have been there already and then we created cops came to catch them. Cops caught the thieves, and other thieves alerted and changed their way, then cops caught them, then new way for thieves. This is how it all started and this is the natural eco system. Quote Link to comment Share on other sites More sharing options...
Pappu_Packitmaar Posted November 30, 2020 Report Share Posted November 30, 2020 46 minutes ago, Ryzen_renoir said: It wouldn't be a problem if those guys can rise independently but not at the cost of others like it's happening now . Adani take over of Mumbai airport is a prime example , GVK maybe be corrupt but sudden takeover by Adani and all cases went cold . Instead of punishing wrongdoing , they are using it as an excuse to takeover everything . Adani has absolutely no expertise in airports , they don't even have professional management team but they could bag six airports . They are not creating jobs , they are taking over the entities that will create jobs regardless of whoever owns them . Are they efficient enough to run a airport outside India ? GVK did not knew how to run an airport but suddenly out of no where, started running India's most busiest airport. Look at all those six airport's, combined passenger movement is not even a number to manage. and coming to efficiency, no Indian operator will ever be able to run an airport outside India because all that they knew will be how to run an airport in India and its quite different else where. Can you imagine IndiGo airlines to operate in Asia and compete with Air Asia ? With 300 fleet in service and another 600 on order, commanding 60% market share in India, Do you think IndiGO will be able to capture 5% market share outside India ? The answer is NO. and they don't need to. India is a whole different market. we borrow tried and tested, successful ideas and customize for Indian market. This is a new market and nothing wrong in it. Quote Link to comment Share on other sites More sharing options...
karthik25 Posted November 30, 2020 Report Share Posted November 30, 2020 1 hour ago, Ryzen_renoir said: Tata group has far better management than Adani but they cannot win any contracts because they won't bribe . I would be happy if NDA extended huge support to a group like Tata but bania's like Adani are worthless Tata also got very good projects. Dedicated freight corridor is a very ambitious project of Modi. It would have started in 2021 if not for corona. TATA got the contract for construction of significant part of both the east and west corridors. As I mentioned earlier, they bagged the partnership with Lockheed to build wings for F-16. They got the contract for constructing new parliament building and construction of Lucknow metro rail. Its not that Adani is taking over everything. The problem is that because of the previous socialist setup, we don't have many big companies which will bring competition among the big private players. Quote Link to comment Share on other sites More sharing options...
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