How business effects demography

UltraTech Cement acquired stake in India Cements (South based) owned by N Srinivasan.

N Srinivasan issued a statement:

No need to feel threatened, insecure: N Srinivsasan reassures India Cements employees.

Above statement will be applicable for five / ten years. Post that the changes will be visible.

Now we will look at the Board of India Cements (Source: as on March 31st, 2023) composition:

S N	Name	Indian
1	Sri N. Srinivasan Vice Chairman & Managing Director	South
2	Smt. Chitra Srinivasan	South
3	Smt. Rupa Gurunath Wholetime Director	South
4	Sri S. Balasubramanian Adityan	South
5	Sri Basavaraju (till 10.08.2023)	South
6	Sri S. Christopher Jebakumar (Nominee of IDBI Bank)*	South
7	Sri Krishna Prasad Nair (till 23.06.2023)	South
8	Smt. Lakshmi Aparna Sreekumar	South
9	Sri V. Manickam (w.e.f. 24.06.2023)	South
10	Smt. Nalini M Ratnam (Nominee of LIC)	South
11	Sri T.S. Raghupathy (till 10.08.2023)	South
12	Sri V. Ranganathan	South
13	Smt. Sandhya Rajan	South
14	Sri Sanjay Shantilal Patel	North
15	Sri Siddhartha Mohanty (Nominee of LIC)	East
16	Sri K. Skandan	South
17	Sri Y.Viswanatha Gowd*	South
	* - Assumption
	South Ratio (15/17)	88.24%

Many will argue, this introduction of South / North is unnecessary.

But a look at the Board of UltraTech Cement (Source: website 30 July 2024)will give you an answer.

S N	Name	Indian
1	Mr. Kumar Mangalam Birla	North
2	Mrs. Rajashree Birla	North
3	Ms. Anita Ramachandran	South
4	Mrs. Alka Bharucha	North
5	Mr Sunil Duggal	North
6	Mr. K. C. Jhanwar	North
7	Mr. Anjani Kumar Agrawal	North
8	Mrs. Sukanya Kripalu	North
9	Mr. Vivek Agrawal	North
10	Mr. K. K. Maheshwari	North
	North Ratio (9/10)	90%

The change of ratio in the Board will be immediately seen.

Note: 

• India Cements uses Shri. / Smt. and UltraTech Cement uses Mr. / Mrs.
• India Cements have in Board from other regions of South. UltraTech Cement has majority from Marwari community.

In case of employees, the change will be felt in five / ten years.

Someone can do this working after five / ten years, if data is available. The change will be visible.

It takes time to percolate changes form Head to Toe.

Yes agreed all are Indians / Funds are important, but regional demographic distinctness must be retained. 

The divide of they versus us in case of north versus south will remain and continue.

Howard Marks - Investors/Luck/Intelligence

But I don’t remember ever writing about his second factor, which Galbraith says is “the specious association of money and intelligence.” When people get rich, others take that to mean they’re smart. And when investors succeed, it’s often assumed their intelligence can lead to similarly good results in other fields. Further, successful investors often come to believe in the strength of their own intellect and opine about fields with no connection to investing. 

But investors’ success can be the result of a string of lucky breaks or a propitious environment, rather than any special talents. They may or may not be intelligent, but often they don’t know any more than most others about subjects outside of investing. Nevertheless, many are unsparing with their opinions, and those opinions often are highly valued by the general populace. That’s the specious part. And today we find some of them speaking with conviction on all sides of the issues related to the election.

Howard Marks

Alphaideas

Finding New Ideas - Stock Picker

Well connected statement shared in an article helps you to understand that there is a connectivity across.

For me – I find ideas like a spider builds a web. The spider can’t catch a fly by singling out one fly. It makes a web and waits. It’s the same for finding ideas. You must build out your web through brute force, screening, researching, networking, and relationships. You must be diligent in maintaining your web and keeping it free of debris so you can feel the tremor. It might be once every two years or ten times per year but eventually something will hit your web and you will feel it. Then you go see what you caught.

Source:

1.MicroCapClub

2.Alphaideas

Hit and Run Vahan / Rath Case - Bharat

Recently, in the past few months there have been cases of Hit and Run Cases:

Mumbai hit-and-run case: Mihir Shah admits he was driving BMW car at time of crash, say police.

Pune teen, who killed 2 with Porsche, submits 300-word essay on road safety.

In Sanatan India more than 750 years back horse and Rath were used as travelling mode by Royalties.

Nowhere in the stories / books / Podcasts anywhere an incident appeared where a commoner was struck with the Rath / Vahan of the Royalty and died. Similar to the present day Hit and Run case.

Rath / Vahan of the Royalties, 750 years back leading to thousands of years were the high end vehicles of those times.

Surprising never heard of such incidents / accidents.

Were those period accident free, difficult to accept or those times were ruled by King and no one dared to go against the Royalties.

Food for thought for all the current researchers.