Finance Cell of India's #1 Co-ed College
Trigger warning: This article and anything that links with it contains mentions of the prostitution industry, sex workers, brothels, and other terms associated with the same which may be triggering to some people. Hypocrisy is one of the most important aspects of human thinking. It is, of course, the most ignored one as well but …
The Company – Piperleaf India Our client, Piperleaf India, is a Gurgaon-based ethically vegan food company that was started in the year 2020 with an objective to introduce plant-based food products such as chocolates, dairy alternatives, animal protein alternatives, etc. They envision making people aware of the benefits of a plant-based diet and bridging the …
Climate change is an impending threat to humanity and it is already damaging ecosystems and economies while imposing huge costs on the military on issues such as governance and civil unrest. The past two years have led to huge losses and have impacted the strategic readiness of the U.S military. Three major catastrophes i.e. Hurricane …
What the US Military is doing for Climate Change Read More »
In May 2021, news broke of a DarkSide ransomware attack on Colonial Pipeline, a major U.S. fuel pipeline that supplies roughly 45% t of the East Coast’s diesel, gasoline, and jet fuel. The hackers had launched their attack in the early hours of May 7, exfiltrating roughly 100GB of data and encrypting back-office systems before …
Two principles that Walmart applied during its most successful days were that of EDLP (Everyday Low Prices) and Cluster-based Expansion. Giving discounts brings people. Cluster-based Expansion is a process by which you specifically focus on particular areas and gain greater market share in every such area before expanding to faraway locations. Lowered Transportation, Warehousing Costs because of area concentration and increased visibility and perception in a local market enables stores to have larger profits.
Avenue Supermarts(D-Mart) took this to heart. You can walk into a D-Mart store and receive a discount regardless of whether it is a special occasion or not. How do they manage this? It involves a very complex process that reduces costs aggressively: no decorations, no advertisements, very little employee costs with no IIM Graduates, and hiring of contract labor in the stores. Besides, they buy goods in bulk from suppliers and here bulk means really large. It is a cycle: the everyday discounts ensure greater customer footfall and then D-Mart uses that to get a Trade Discount on the bulk orders from the suppliers they deal with. This Trade Discount goes back to giving more discounts to the customers. D-Mart is also known to make quick payments to its suppliers: they receive a cash discount for paying back in 5 days whereas Big Bazaar, for example, pays back after 30 days. This cash discount is again used to retain customers for the store.
The Mississippi Mania is a classic example of a Currency Crisis. In this article, we break down one of the original crises of the 18th century.
Lebanon’s financial collapse which began in 2019 is a story of how a vision for rebuilding a nation once known as the ‘Switzerland of the Middle East’ was derailed by corruption and mismanagement. Lebanon has lived through a lot. Between an explosion, coupled with the adversities caused by the pandemic and the resulting shortages, rolling …
The Nobel laureate Friedrich Hayek’s book, The Road to Serfdom remains the defining 20th-century statement of a certain kind of liberalism. Its philosophical arguments against central planning and centralisation are echoed by modern liberals even today. Yet, shifts in ideological context mean that the set of issues Hayek prioritises no longer remain as obviously relevant. Furthermore, …
A World Reserve Currency is a foreign currency that is held by the national banks of every country. In this issue of the Main Divide, let’s explore the relevance of the US Dollar in the age of crypto.
Meet the new bad boy in the Crypto space as well as unravel the technicalities of the world’s programmable blockchain, Ethereum.