Lakshmi Energy and Foods Ltd – A Company in Transition

LAKSHMIEFL is engaged in manufacturing and processing food grains and related products. The product includes rice, basmati rice (branded as Lakshmi Foods), parmal rice, rice bran edible oil, wheat flour, de-oiled cake, refined oils, and cattle feed (branded as Heera Moti). It also has 30MW biomass-based power generation business using rice husk as fuel. The company was formerly known as Lakshmi Overseas Industries Limited and changed its name to Lakshmi Energy and Foods Limited in February 2006. Last year, I came to know about this company after reading Supreme Court and agri minister’s tussle over grains rotting in FCI.

Trend Analysis

The whole reason for any business to exist is to generate sales revenue and make more profits. At a minimum, the parameters listed below should have continuously increasing trends. All the data below is from 2000 onwards. Continue reading rest of this article…

Microsoft and Nokia Partnership – Creative Destruction?

Have you watched Seinfeld – a hit American sitcom of 90s? If not, then you would not understand this analogy (my apologies). If yes, then Microsoft and Nokia partnership is like, Kramer and Newman putting their heads together to come up with competitive solution.

Does combining two failed mobile strategy equal to one winning strategy? Nokrosoft or Microkia? Managements at Nokia and Microsoft seems to think it is. Both are desperate to make it successful! And in the process following age old thesis. Nokia bought Symbian – it did not work. Nokia partnered with Intel for MeeGo – don’t know what’s happening! What makes management or board of director think that partnership with Microsoft will work?

Nokia does not seem to have a clue about what smart phone means. Don’t get me wrong, Nokia’s smart phone hardware is best-in-class on technological front. It beats iPhone or Blackberry hands down.  But, Nokia still thinks smart phone as just a piece of hardware. It does not seem to realize that smart phone is an ecosystem. Continue reading rest of this article…