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For the first time in history, congress has enacted a law that subjects a single named Speech Platform to a permanent nationwide ban. The company also says that its not possible legally, technically or commercially to divest within that time frame. Part of the challenge is that with a billion users worldwide, a lot of its content is actually available across borders, making it all harder to unpick. The Usjustice Department declined to comment, but heres what White House Press secretary Karinejean Pierre had to say when asked about why President Biden continues to use tiktok for his political campaign. So as it relates to the campaign, and obviously other congressional members, they have to speak t ....
Chadha notes caution pre-election due to US yields, advises good earnings as hedge. Impressed by Britannia, Tata Consumer, Axis, ICICI banks. Favors ICICI, Axis, HDFC, Kotak for growth potential and asset quality in banking sector. ....
FMCG companies face quality issues and regulatory actions, risking consumer trust. Nestle India, Patnajali, Bournvita controversy, and Hindustan Unilever rebrand amidst inflation challenges and omni-channel adoption. While stock meltdown and regulatory action are short-term risks, losing consumer trust is a long-term and bigger risk for an FMCG company. ....
FMCG companies face quality issues and regulatory actions, risking consumer trust. Nestle India, Patnajali, Bournvita controversy, and Hindustan Unilever rebrand amidst inflation challenges and omni-channel adoption. While stock meltdown and regulatory action are short-term risks, losing consumer trust is a long-term and bigger risk for an FMCG company. ....
The apex court also took a dig at Patanjali Ayurveds public notice tendering unqualified public apology, asking if the size of the apology put out in 67 newspapers was similar to its full-page advertisements that it normally issued for its ayurvedic products. It asked Patanjali to bring on record within two days the “original” apology published in newspapers so as to check the size of the advertisement. ....