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Showing posts with the label Financial News

Extension of export curbs on petrol and diesel

Extension of export curbs on petrol and diesel  Petroleum export ban by the government of India, in order avail refine fuel to domestic market, As per the notification on sunday by the government. The report is here now. As per the Restriction on the export of diesel and petrol, implemented last year(2022), by imposing a windfall tax on refined fuel exports. The restriction on the export have been extended! As stated by the government in the notification on Sunday. In order to ensure the availability of refined fuels for the domestic market.  The curbs were originally supposed to be in place till the end of financial year 2023, which ended yesterday. With No mention of how long the extension would be in the latest notification. From march this year, the windfall tax on the export of diesel was cut to its lowest of Rs.0.50 per liter and NIL on jet fuel (ATF) while the levy on domestically produced crude oil was raised marginally. It can be mentioned here that Indian companies are expor

McDonald's Corporation: The World's Leading Fast Food Chain [Case Study]

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Mc Donalds: The untold truth  Table Of Contents Imagine that you are a modest salesman  wake up in the morning  pick up the goods  and sell goods to people from place to place.  But you also go to the place  people refuse to buy goods from you  tried a lot, but nothing was sold  the condition became very bad.  So bad that just a few more days  and after that the house will have to be mortgaged  what will you do  is there any way  do not understand anything  Anxiety is happening, feeling scared  what will happen next, do not know  where to go, do not know  if nothing is done soon then everything will end.  Ray Kroc  The mastermind behind the largest food company  McDonalds  Very late but this opportunity came in his life  when he turned 52  no one even though in his dream  that a 52-year-old modest salesman  who used to sell milkshake making machine  by wandering from door to door.  One day create the world's biggest fast-food company  but  what if

Will DMart Beat Reliance?

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Will DMart defeat Reliance and Amazon Table Of Contents Case study  DMart uses a very powerful psychological trick in addition to price, To beat Reliance and Amazon. In this article you need to understand 3 strategies , to understand it.  There is only one company that competes with DMart and that is Reliance Retail. In the year 2020, Reliance retail earned revenue of Rs 1.63 lakh crore. Which is 6 times the revenue of DMart. But within a year, DMart benefited its investors with a profit that more than doubled. One year ago, the stock which was Rs 2,100 hit Rs 5,300 on 14th October. So at last, what is DMart doing differently that even Reliance and Amazon can't do? And aside from pricing, what are those secret business strategies that DMart uses? To compete with companies like Amazon and Reliance. And most importantly, what are those business lessons that we can learn from this case study, can it be implemented in our business?  Back-story May 15, 2002. When

Star Bucks: Case Study

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Starbucks Table Of Contents Overview Do you know that there are 32000 outlets of Starbucks in the world? And the annual revenue of the company is 2 Lac Crores . But the advertising expenditure of the company is really low. Now the question is how does this company reached this level?  Starbucks doesn't make the  best coffee in the world moreover their coffee is quite expensive. And  they don't advertise either.  Still  how Starbucks is so successful? BackStory It goes back to 1971 when the company's first outlet was established in Seattle. Three friends together started this. In 1982 Howard Schultz entered into this venture. And when he joined this company he used to handle retailer marketing work. And at that time Starbucks was  selling only and only coffee beans.   But in 1983 Howard Schultz went to Italy. When he reached Italy he saw that there is a rich culture of Espresso . And there are Espresso bars everywhere, in which Cafe Latte is served

How Amazon Rules

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Amazon (Case Study):Power you never knew Table Of Contents The line Amazon The Everything Store is a big lie. To hide that truth from you which can change your life. The company which started from books selling, No one thought that one day that company will be the biggest danger for everyone in the world. Some of us believe Amazon is a tech company, And many of us believe that Amazon is an E-Commerce company. But in reality, Amazon is much more than that. Under the shadow, Amazon is doing many things from which in upcoming time that no one's life can work without Amazon even a single day. But behind all this, this company has a side which no one knows. Jeff bezos is building such Empire which will control our lives in upcoming time. And this is too dangerous. Back-Story  In 1994, Jeff Bezos starts a company, from his garage by parents lifetime savings $250k by the name relentless. But his friends suggest that name is too Evil so he changes it to Amazon. In 1997