Prøve GULL - Gratis

RHETORIC OR REALITY: FOCUS ON PER CAPITA

Mint Mumbai

|

February 16, 2024

There was a time, I feel sure, when India had nobody who played cricket.

- DILIP D'SOUZA

That was before England brought cricket to India and sparked the craze for the game we now see here. But in those early days when nobody played cricket in India, there were already plenty of people who played it in England. But at some point, after Indians got hooked to the game, certainly our count of cricket players equalled and then overtook England's.

Did we celebrate that moment? Don't worry, it's a rhetorical question.

You and I own companies that both make handmade shoes. Yours is several years older than mine. So when mine started operations, naturally yours was producing far more shoes than mine. But my company is much larger it has recruited 10 times the number of shoemakers that you employ. Inexorably, then, my company catches up to and overtakes the output of yours.

Is either company surprised when that happens? Rhetorical question again.

One final situation for your contemplation. The Agarwal family has mother, father, and two kids, all with large appetites and no interest in exercise. Thus, all four cut rather portly figures. Collectively, they weigh 400 kg (bear with me, this is a thought experiment). Their neighbours, the Manchandas, are far more health conscious-they eat wisely, play football regularly and are all slim and athletic people. They are a larger family than the Agarwals: mother, father and six kids (bear with me again).

In each case, a better comparison might be with "per capita" numbers.

Divide the families' respective weight totals by their count. You find that individually, the Agarwals comfortably outweigh the Manchandas, 100kg to 50kg. So much for a milestone. I don't know how many cricketers England and India, respectively, have-except that India must have many more. But even if India has nearly 20 times as many people, I suspect India's per capita cricketer count is about the same as England's; certainly not 20 times greater.

FLERE HISTORIER FRA Mint Mumbai

Mint Mumbai

THE WILD RIDE OF SME IPOS: WHAT'S NEXT?

The market for public listings for small and medium enterprises (SMEs) has boomed since covid, fuelled by younger investors with a higher risk appetite, and the growing popularity of digital trading platforms. This surge gave SMEs, which had long struggled with limited funding options, a new avenue for capital.

time to read

3 mins

November 19, 2025

Mint Mumbai

Mint Mumbai

How will vertical property cards help flat owners?

Maharashtra plans to include the names of individual flat owners in land records and issue 'vertical property cards' to them, stating their share in a property. These cards will provide a clear legal proof of ownership, benefiting owners, buyers and lenders.Mint explains how.

time to read

2 mins

November 19, 2025

Mint Mumbai

Clear sky for shares

Indian shares snapped a six-day winning streak to end lower on Tuesday.

time to read

1 min

November 19, 2025

Mint Mumbai

Morgan Stanley bets on India stocks

Indian equities are set to reverse their historic underperformance against emerging market peers next year, powered by government policy actions, according to Morgan Stanley.

time to read

1 min

November 19, 2025

Mint Mumbai

Mint Mumbai

CVC, EQT in talks to buy ValueLabs at $1 bn valuation

Global private equity majors EQT Partners, PAG, Blackstone and CVC are among suitors in talks to acquire a controlling stake in software services firm ValueLabs from the promoters, according to three people with information on the deal.

time to read

2 mins

November 19, 2025

Mint Mumbai

Mint Mumbai

Should wills be made in city of origin, or where the assets are?

I'm a Hindu man who has lived in Bengaluru for the past five years. I am originally from Mumbai. I own a flat near Koramangala in Bengaluru and do not have any property in Mumbai or anywhere else in the country. Should I make my will in Bengaluru or Mumbai, especially when considering stamp duty and related formalities?

time to read

2 mins

November 19, 2025

Mint Mumbai

Apollo Tyres’ margins hold up, but competition is closing in

Apollo Tyres Ltd saw a higher-than-anticipated improvement in profitability in the September quarter (Q2FY26) on easing raw material costs.

time to read

1 mins

November 19, 2025

Mint Mumbai

Groww beats BSE m-cap as stock scarcity sparks frenzy

A series of short squeezes, driven by soaring demand and low trading float, has propelled digital investment platform Groww's market value past that of one of the exchanges it listed on, making it the only broker to hold this feat.

time to read

3 mins

November 19, 2025

Mint Mumbai

Electric passenger vehicle retail sales surge 57% in Oct

Electric passenger vehicle retail sales rose 57% in October to 18,055 units, with Tata Motors retaining the top slot in the segment, data from industry body Federation of Automobile Dealers Associations (Fada) showed.

time to read

1 min

November 19, 2025

Mint Mumbai

Mint Mumbai

Top court takes up PIL on RCom fraud

The Supreme Court on Tuesday issued notices to the government, Central Bureau of Investigation (CBI), Enforcement Directorate (ED) and former promoter of Reliance Communications Anil Ambani on a plea seeking a court-monitored probe into alleged fund diversion and financial irregularities at the company and group entities.

time to read

1 mins

November 19, 2025

Listen

Translate

Share

-
+

Change font size