I love the print for maintaining integrity in defining what journalism role in democracy productively . Watching print is 10000 times far better than feeding myself from politically inclined so called tv channels . I regret for not buying a subscription , as a student its difficult for me to meet my college expenses with too sufficient pocket money . I love your Work guys i never forget this channel as long as integrity , decipline is maintained i pay back my debts to you once i become employee
@18svd
Жыл бұрын
Same with me. I shall take paid subscription once i land in a job.
@mg.f.9023
Жыл бұрын
Awesome to know of the increasing tech usage in our country. If Banks can use the tech algorithms to say judge giving loans to SMSEs Why cant Govt/RBI use this tech data to mitigate huge NPAs that makes us look like fools.
@mg.f.9023
Жыл бұрын
@@karthekeyanperiyasamy3093 Thanks for your effort. Wonder how big is the State Bank of India's Loan booked? Wonder what is the collateral /securities promised against the BIG loans? Who authorizes these loans? will someone be held accountable is there is a huge default?
@amlanjena7864
Жыл бұрын
@@mg.f.9023 SBIs loan book is easily accessible from their financial statements. Who approves these loans? That's not how it works exactly. I was in corporate banking at StanChart, we would study operating models, working capital requirements, supplier customer profiles and stuff to take a call on how much capital can be allocated and the rate at which it can allocated, but all of this documentation I mentioned is essentially used as reference for a senior director/md to make the final call when they meet the client. Considering SBI would be hiring sub-par employees since they use that bank PO route, they are easy to manipulate/fool/incrntivize
@mg.f.9023
Жыл бұрын
@@amlanjena7864 Interesting to know, Thanks for that.
@BedabrataChatterjee
Жыл бұрын
Always appreciate Saurav's clear jargon free perspective. Thanks to Print for this format of journalism.
@ThePrintIndia
Жыл бұрын
Thank you! It is in response to a demand from our viewers that we requested Saurabh to partner with us for such videos. Please keep watching, commenting and subscribing! - Sharad
@jayaramanganapathi9385
Жыл бұрын
One of the best financial analysis in recent years across all mediums, very high density and concentrated.
@nandinimehta364
Жыл бұрын
By profit, out of top 20 companies 14 are PSUs (7), Banks (3) and professional companies(1). All these and even the next 6 companies have large amount of investments from mutual funds/DIIs and retail investors. Even FIIs must be have retail investors’ contributions. Therefore, will it be correct to say that 80% of profits are concentrated in a very few hands??
@amolatope
Жыл бұрын
Thanks
@eeshanmiglani4770
Жыл бұрын
UPI is definitely great. But attributing chai sales growth near office space to it is surprising, since last year most people were doing work from home and now most are working from office
@pradeei.g7478
Жыл бұрын
UPI ll save lot of time for small vendors Vendor and customer need not keep searching for change. It has happend with me. When I go out to buy some fruits some vendors don't ve UPI and difficult to find change. So I decide to move ahead instead of getting stuck in traffic.
@ThePrintIndia
Жыл бұрын
Thank you for your comment! Last year actually saw a lot of offices opening up to work-from-office and, after a long phase of work-from-home, employees were also likely keen for social interaction in person. What better way to achieve that than chai-cigarette? That's my reading of why the chai seller's sales have grown, and UPI has made payments so easy that even that minor roadblock to consumption has been removed. Thanks again for watching and commenting! - Sharad
@suyashshukla8159
Жыл бұрын
quarter master is always refreshing. Keep doing more and more
@nandinimehta364
Жыл бұрын
That Chaiwala @Rs5 per cup should be making over a crore of profit per year even while observing Sunday off. Phenomenal! You have given him to IT dept.😢
@agytjax
Жыл бұрын
This is the fourth time, I am hearing the Chaiwala using UPI example 😅😅
@aadill77
Жыл бұрын
😂
@PK-tt5kk
Жыл бұрын
Though its a good thing that successful players are getting bigger hence more efficient. There can be serious issues in the future. 1) Right now these companies may be getting bigger due to innovation but in few years they will just lobby Indian gov to enact policies to favor those companies. 2) This will reduce dynamism in the economy (meaning few new companies). Because it will get extremely hard for new companies to compete. This will then discourage people to start new companies. 3) Most of the companies only serve the domestic market. Increasingly the Indian gov is enacting very protectionist policies. So now not only these big companies have no domestic competition but also gov will protect them from international competition. Thus consumers will have to pay high prices for mediocre products. 4) I am very worried that all this will happen. Because Indian political funding is hidden from public. Thus a lot of this will happen
@iridiumman3087
Жыл бұрын
Lobbying is a big problem in USA, look at the botched right repair bill in newyork. There should be strict legislation to reduce influence of lobbies. But guess who is responsible for making such rules? We would an extraordinarily virtuous person at the top to enact such measures.
@VarunStream
Жыл бұрын
Would be interesting to see Print interview certain politicians who laughed at the notion of a ‘Digital India’ - in Parliament.
@prasoongupta12
Жыл бұрын
Make my day to listen to Saurabh Sir.
@vipulkrishnasingh5652
Жыл бұрын
Hope these technology make India companies global
@tvm73827
Жыл бұрын
Indian companies are only good for India. There are few global brands from India unlike China which has many like DJI, Anker, Oppo etc. One way to break into the global stage is to buy companies like Tata did (JLR). Other is to improve the business climate so that good Indian companies don’t reincorporate in the US, Singapore etc.
@vipulkrishnasingh5652
Жыл бұрын
yeah of course my point was as these technologies are providing tech edge to our companies and they are acquiring new technology faster as these people are pointing now is era of tech companies that's what I am saying that hope these technologies make our companies global
@tvm73827
Жыл бұрын
@@vipulkrishnasingh5652 Sir I completely understand your sentiment. But "hope" is hardly a strategy. UPI, Aadhaar etc., had the blessings of the government, RBI etc. That's not the case elsewhere - especially in large markets like the US where vested interests are deeply entrenched. Let me tell you, finance is primitive in the US compared to India/China NOT due to lack of resources or technology, but because of lack of political will and vested interests. So it is essential to work within the system and disrupt it like Paypal and Venmo did, partially. Finance is hardly altruistic anywhere!!
@vipulkrishnasingh5652
Жыл бұрын
@@tvm73827 hmm indian government strategy was to expand Indian companies within India eventually making them global that is why it was not signing Fta with other countries like recep but clearly that is backfiring with slow gdp growth and rising unemployment
@ManishSharma-ku7ij
Жыл бұрын
More sales with UPI is mainly due to the user forgetting their paying real money. In the West as well, some commentators encourage use of cash to keep the spending in check.
@vilesh8543
Жыл бұрын
Hope this companies add value to common man without passing cost of R&D and other intangible asset creation in return.
@rajulutg2167
Жыл бұрын
Trade barrier in the form of high initial capital outlays for development of technology is really the biggest reason for polarization of profits in the economy. The other most ignored factor is making the manufacturing or materialistic part of the economy irrelevant for profit generation as this part is entirely pushed back to China by US and India following the footsteps. As everyone understands, the concentration of capacities in material world are not that easy and hence larger proportion of people will be benefited by manufacturing part of economy.
@reghu2032
Жыл бұрын
one of the most informative video that I have seen recently .......................Good work Print
@abhinav05252
Жыл бұрын
Hey waiting for this quarter's episode....
@arjavgarg5801
Жыл бұрын
Is the chai vendor that small if everyone from the office goes there?
@vinody
Жыл бұрын
This concentration of profits is truly a worrying sign.
@praveenpchandran
Жыл бұрын
🤔🤔🤔
@aurelian9817
Жыл бұрын
Well, that's the nature of the beast...capitalism
@loveearthly
Жыл бұрын
Superb session. The Print should run its Economics unit as a separate Brand/BU… it may get the apolitical & premium subscriber traction while creating advertorial opportunities for sponsors.
@PK-tt5kk
Жыл бұрын
business standard is pretty good.
@loveearthly
Жыл бұрын
@@PK-tt5kk but don’t they come with heavy baggage… established paper based mediums that may get cannibalized.
@shrikantphadke9123
Жыл бұрын
Wonderful and very informative analysis. Kindly give more of such episodes than biased political episodes against government.
@KhushVibes
Жыл бұрын
UPI is real game changer #khushvibes
@amodpataskar5673
Жыл бұрын
Good to see our informal economy getting formal, however this trend should help a lot of farmers and msme sector who are dependent on tangible assets
@subu150390
Жыл бұрын
Nandita has certain points but anecdotal evidence is'nt exactly what should be presented in a discussion like this. You should try and get a few industry stalwarts to discussions like these.
@kpmurali1
Жыл бұрын
Wonderfull & insightful as always… ❤
@mdarifkhan579
Жыл бұрын
Excellent knowledge of fundamentals and business opportunities 👌👍🙏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏
@ahpoddar1
Жыл бұрын
I have one question.. is it that entire industry profit is rising by more sharply in top 20 companies? Or the top 20 companies are rising while rest of the industry after excluding top 20 are in fact declining? Also if we talk about bank sector, merger of public banks into one would have reduced the count of big banking players as well. Could that have contributed to spike in top 20 companies?
@ThePrintIndia
Жыл бұрын
The profits of the overall industry have been rising, but the profits of those at the top have risen faster, which has resulted in a concentration of profits at the top. And yes, the merger of the banks would surely have contributed to the new merged banks cornering more profits. Thank you for watching and commenting! - Sharad
@MohitSingh-yd6rn
Жыл бұрын
Wow!! Amazing discussion
@AkshayDixit
Жыл бұрын
The well ness report is the USP of Lal Pathlab. But Saurabh Mukherjee please note that Dr Lal Pathlab has now made "wellness report" non complementary. Please make this complementary.
@mohammadahmadkhan4000
Жыл бұрын
Wonderful video thanks 😊
@atanugayen3030
Жыл бұрын
Appreciated the detailed discussion. Was surprised however, that there was no mention of the Pareto Principle and power laws of scaling... a natural consequence of network effects at scale. Perhaps would've taken the discussion outside the domain of business as it is a much wider phenomena.
@pradeei.g7478
Жыл бұрын
One key point you ppl missed is markets are competitive even for bigger companies. They ve to keep investing in R & D to reinvent themselves. It may not be much considering the initial cost.
@ThePrintIndia
Жыл бұрын
Yes, of course. Companies large or small have to keep innovating to stay on top. The point Saurabh was making is that the large companies have the resources to do this innovation at a larger scale and more regularly than the smaller players. Thank you for your comment, though! We value your insight and opinion, and take note of it for our future discussions and articles. - Sharad
@amit2897
Жыл бұрын
marcellus algo is some sort of intangible asset too, right ? RUN the ROCE, Growth and profit numbers and then repeat that for life to filter accordingly...however, therz some ground work definitely required..Right
@HasnaAbubekar
Жыл бұрын
In place of jealousy, other companies must generate entrepreneurship and try to be the topmost company.
@ivaturi
Жыл бұрын
What’s TSR full form in the Nifty wealth creation table around 11:30 min of the conversation
@utsavmewada45
Жыл бұрын
Amazing...
@arnabbhattacharya6579
Жыл бұрын
Marcellus neighbouring chaiwala has become famous. ..
@cleonii
Жыл бұрын
why do i feel like the concentration of wealth at the top is being normalized in this interview. this is an incredibly sad thing. this means we will have all of america's problems without ever having been as wealthy to begin with.
@PK-tt5kk
Жыл бұрын
Yup...high probability this will happen. & if this happens, India will be stuck in the middle income trap & unless somehow the gov in the future makes difficult reforms . India may never become a developed economy. Because when wealth gap becomes very big. Lower half of the population will not have any capital to invest on themselves thus never increase their productivity. The gov will not be able to increase spending as they will not be able to increase tax collection in a stagnant economy. The rich will never invest because the companies only invest in things where they see returns. Only way I see countries can continue to grow even with increasing wealth gap is through growing exports. But Indian gov is becoming very protectionist. Though one good thing I see is that there are lot of tech companies that are there in India (& are competing internationally). As long as they are innovating, they will provide growth. Also with renewable energy India will save billions by reducing oil imports. hopefully become energy independent. This will have lot of positive effects.
@SurajSharma-zi4sn
Жыл бұрын
This is not necessarily true.These kind of things have happened in all of the countries when they were developing.China and S Korea in their initial developing phase faced all these kinds of problems.Where inequality rose at a drastic level.There was a time In S Korea that gap between villages and City wealth became so high
@ThePrintIndia
Жыл бұрын
Thank you for your comment. In this discussion, we have tried to stay away from passing judgement. It is only meant to state the facts as they appear. Judgement and opinions based on these facts are reserved for our articles and some of our other videos. QuarterMaster is a purely factual video series. Thank you for watching! - Sharad
@philipjohnify
Жыл бұрын
Did I hear her right, 8000 cups a day of chai!! He must be making ₹ 1,60,000.00 !!
@MrSidd555
Жыл бұрын
Health is wealth
@Sanathvarma
Жыл бұрын
26:08
@amit2897
Жыл бұрын
going by this logic, 80% earned by 20% companies...then a nifty 50 Index fund is a very good option to invest for the nxt decade ...na ?
@jaizzzzzful
Жыл бұрын
7000 cups a day of chai?!!! 1 cutting chai is 100ml, so this "small chai vendor" is selling 700lts of chai?!!! WHUTTT?
@ajaxjaiswal3442
Жыл бұрын
It's 50ml at Max dude, where are you drinking 100ml of chai in a paper cup?
@Arihant997
Жыл бұрын
Network effect of metaverse highly questionable
@ManojGanapathi42
Жыл бұрын
I really appreciate this show and Team Marcellus for sharing useful insights. However, I feel the examples used from the research not as relevant in today's world of digital, Cloud and of course, AI. For example, Windows isn't a poster child for intangible asset creation today IMO. Cloud and AI is. - Today's reality is this - marginal cost of compute, storage and networking is zero. So, companies can be disrupted even faster than what used to happen 10 years ago. Now the question for Nifty 50 companies is - are they really having a virtuous cycle of technology (read Cloud and AI) infusion - to have technology as the "Moat"? I sincerely hope that is the case. I also want Digital disrupters in India to transcend the regulatory barriers (like Bank Licence, NBFC license etc) and be like the Big-tech/MAANG companies wrt innovation.
@rameshpudhucode6862
Жыл бұрын
Basically you want india to have technology giants that America has. Agree. But not very easy. To create competitors to American giants we need capital, techno guy and R&D
@ThePrintIndia
Жыл бұрын
Thank you so much for your insight! It is very valuable for us and we try our utmost to incorporate viewers' comments in our future discussions and comments since it is often the case that they raise a point that adds to the general discourse, as you have done. - Sharad
@rohiticku
Жыл бұрын
What a misleading headline! Unlike output, there is not a pot of profit available in India that companies can siphon off. In fact, companies choose their combination of inputs to determine their production costs (and eventually profits).
@ruchir1986
Жыл бұрын
হিন্দি তে ইন্টারভিউ টা হলে ভালো হতো। সৌরভ স্যার খুব ভাল হিন্দি বলেন আমি শুনেছি সি এন বি সি চ্যানেল। সরকার UPI টা কিছু দিন পরেই ফ্রি তে রাখবে না।
@themajesticmanor1500
Жыл бұрын
Why is the money in circulation going up and up?
@deepakjadhav9706
Жыл бұрын
Nandita madam has to improve and build on experience and then probably news agency should take her on board. Nothing personal but the point is to get people at higher level of knowledge to learn from.
@PritamBankar1988
Жыл бұрын
Watch at 1.25x speed for better experience
@QJ7081
11 ай бұрын
Has the crorepati chaiwala attracted attention of tax guys?
@ahmedkhan-fm9xx
Жыл бұрын
So this chai wala is selling 8000 cups of tea according to madam at price of 25 rs per cup according to saurabh(as mentioned in video), lets do maths 8000*25*30=60 lacs per month Do u guys think is realistic number??
@debasishkurmi781
Жыл бұрын
May be it's 8000 Cup per year not daily
@sabtaingopinath9652
Жыл бұрын
" 2 Gujarati India ko bech rahe hai... Aur 2 Gujarati India ko hareed rahe hai" Yeah. Sounds about right.
@freedom3040
Жыл бұрын
INDIA needs to have its own Phone pe alternative, Phone pe & whatsapp became too dominant in daily lifes. INDIA should seed fund and help in creation of alternatives when there is no one. & one more thing, If govt buys bijus under PPP completely and Run as corporation, It would be even more good. govt needs to protect Inteligence & strategic startups and buy them back and not let private people sell to Non indian companies which dont have majority share in them.
@rameshpudhucode6862
Жыл бұрын
You should read these in Govt owned KZitem. Why are using private company owned product ie., KZitem? I think you should move to north korea
@casperjoshi
Жыл бұрын
This example of Microsoft Windows is an over simplification. That is not how the software business runs. There is too much rhetoric and very little by way of facts. You only mentioned 5 Indian companies when you started with 20 companies that are cornering 80% of the profits. Clickbait? Also I got some ideologically nuanced vives from this video. So much for un-hyphenated journalism.
@themajesticmanor1500
Жыл бұрын
Can you kindly explain
@anantsahay937
Жыл бұрын
Concerning 20% cornering 80% of profits, isn’t it aligned with the Pareto principle?
@RR-mm2jq
Жыл бұрын
Microsoft windows example was a dabba example. That is why economists should not talk about tech.
@DhruvPatel-zg1zs
Жыл бұрын
29:30 no fucks given but I think no one going to give permission to banks for using personal data
@hussainalmubarak5347
Жыл бұрын
18:09 - am I the only one who finds the example absolutely absurd? I am not an IT guy, but even I know that "once you create a windows money just keeps rolling in" is not true. You have to spend money on advertisements, marketing, Counter Imitation/Piracy operations, besides the whole "non productive" staff - the accountants, office boys, HR wallas, and their kind. And this does not include maintaining an army of technicians, developers, coders, testers who conceptualise, design, code, test, new versions of Windows. MS did not stop making new windows after Windows 3.11, or Win95. They do have to pump in a LOT of money to make the OS, which from what I hear isn't the money making MS product; it's MS Office. And even Office isn't make once, feed off forever product/service.
@abhi.c137
Жыл бұрын
I enjoyed this episode but the way technologists are portrayed by these panelists seems too alarmist and low-resolution…it sounds like engineers at big companies are just hanging around hacking users’ phones and stealing their private photos illegally. Not true. In 99% of cases, users happily agree to give their email, photos, contacts, etc in exchange for useful services and products. If you don’t want your data to be mined, then stop using it to pay for stupid things!
@abhilashsivaraman
Жыл бұрын
14:06 ...please reconsider your statement about some companies pulling away 80% of the country's profit. This creates an extremely flawed perspective in your viewers. The correct situation is that technology is being harnessed by some companies (due to their scale, people, etc.) better than others, thus allowing those few to generate a substantially higher share of the country's profits than their peers. I hope this is just an oversight / poor editing from The Print, and not intentional. I had to make a similar comment on flawed representation on a Shekhar Gupta video on the farm bills several months ago. Not very reassuring...
@riskyduck9274
Жыл бұрын
That is not good more companies more jobs government should bebunk monopoly increase competitive clusters of companies Monopoly no jobs high price toooo
@influrocket2926
Жыл бұрын
A tea seller making sales of 1.5cr a year (selling 6000 cups a day, Rs.10 per cup, 250 days a year) is a tiny vendor? LOL
@ajaxjaiswal3442
Жыл бұрын
Probably overstated!!?
@Nirmal..Pandey
Жыл бұрын
Loved the show but this Chaiwala example that Mr. Saurabh giving in every talk nowadays seems very exaggerated..
@abhijitdas6945
Жыл бұрын
Ever heard of Pareto's principle?
@mrlol1498
Жыл бұрын
Do these chai wala s selling 1 lakh per day pay taxes?
@Arihant997
Жыл бұрын
Most of the spiel on Metaverse is just hype... Saurabh is just pontificating a future with metaverse..none of this is actually likely ..
@kushangpatel983
Жыл бұрын
Pareto principle!
@mg.f.9023
Жыл бұрын
Why is there no accountability for all the huge write offs of Big NPAs in Public sector banks? On what basis were the loans given? Who has the Answers? Is there a Big NPA Tsunami due to hit us soon?
@ThePrintIndia
Жыл бұрын
Thank you for your comment! Write-offs are different from waivers. While the former are a technical requirement by the RBI, the latter are political instruments to garner votes. According to RBI data, the NPA situation is actually getting better. Yes, many of these have been written-off, but only time will tell whether they can also be recovered. Official data shows that recovery is indeed happening, although the pace can of course be faster. - Sharad
@mg.f.9023
Жыл бұрын
@@ThePrintIndia That was informative. Thanks for your time.
@anandkapdi4822
Жыл бұрын
🤟🏻
@missionpehlapageair1holypdf
Жыл бұрын
Pareto principle
@savithakl7577
Жыл бұрын
Modis blessings
@priyabharatahlawat254
Жыл бұрын
दिस इज क्रिश्चियन एंड वामपंथी चैनल
@shanavasps7608
Жыл бұрын
Why did you think like that..
@aadill77
Жыл бұрын
Disliking this video because of the clickbait
@hitesh11111
Жыл бұрын
So the disparity will continue till a new system is introduced...every industry will be dominated by biger 🐠 fish
@smd4051
Жыл бұрын
This guy is one of the worst and horrible PMS managers. He exited Relaxo, DCB bank and every other business he said it was a 10 year buy at any price. His team couldn't even read out Asian Paints PAT and he got shut up in a debate by Sunil Singhania. Why is Print featuring such scamsters?
@apanach
Жыл бұрын
The most stupid argument that I have ever heard! Microsoft still makes profit not because it is using the same code that was written for MS DOS :D The amount of investment that goes in innovation and developing each iteration is immense. It is beyond stupid to call it is free because there is no shipping box cost. Ask that to the guys at Nokia / Kodak / IBM / Bell Labs etc.
@jaysada
Жыл бұрын
Female s whole research is over chai sutta
@sanjaykale6235
Жыл бұрын
The host is unnecessary ily injecting useless comments in middle..vreaking the chain of thought..highly avoidable
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