Rounaq Bakshi notes

Tips Music: Digital Advertising – Key Driver of Indian Music Industry Digital Advertising – Key Driver of Indian Music Industry India's digital advertising industry reached Rs 49,251 crore in 2024, up from Rs 40,685 crore in 2023, and is projected to grow at a CAGR of 19%.  By then, digital media is expected to account for 61% of total ad spend in India.  The Digital advertising industry is rapidly evolving, driven by digital transformation, shifting consumer behavior, and personalization are reshaping brand-audience connections.  The highest proportion of spends on digital media is claimed by social media (29%, Rs 14,480 crore), closely followed by online Video (28%, Rs 13,756 crore).  Paid search contributes 23% (Rs 11,402 crore), while display banners claim 16% (Rs 7,964 crore). Online video is the fastest-growing digital media channel, projected to grow at a CAGR of 23% through 2026, while social media is expected to grow at a CAGR of 20% over the same period....

https://youtu.be/eYDdH1OKQWw?si=-oJh5erime1JdUHQ HINDUSTAN OIL EXPLORATION : production-linked incentive (PLI) to boost oil production in the country The oil ministry has called for a  production-linked incentive  (PLI) to  boost oil production  in the country that has been declining for years. "A multi-pronged approach is required for achieving production targets such as  enhancing production  from already producing fields, speedy execution of  field development plans  in existing and new fields, ... production-linked incentives in existing acreages," the oil ministry said in a recently released report titled 'Indian Petroleum and Natural Gas Statistics'. Current government policies provide incentives to companies deploying enhanced recovery techniques in maturing fields. A gas pricing policy introduced last year permits a 20% premium over the government-set price for the additional volume  ONGC  and  Oil India  may produce fr...

 SJS  Enterprises: revenues have expanded at a healthy compounded annual growth rate (CAGR) of 36% over the past four years The  upgrade  in  the  long-term  rating  of  SJS  Enterprises  Limited  (SJS) referred  to  as  the  Group  or  the  company, reflects its strengthened business profile and increased scale of operations, which are expected to sustain, going forward.  This will limit so factor in the improved diversification of its product portfolio, with the addition of several technologically advanced products like In-Mold  Decoration  (IMD),  In-Mold  Labelling  (IML),  In-Mold  Electronics  (IME)  and  In-Mold  Forming  (IMF)as  well  as  its expanded customer base, largely driven by the ramp-up in its acquired businesses of Exotech Plastics Private Limited(Exotech) and Walter Pack Automotive Products Indi...

Growth Opportunities In India :  Bolster infrastructure in sectors Growth Opportunities :  The demand for structural steel tubes is driven by a substantial government commitment to bolster infrastructure in sectors such as construction, oil & gas, water supply, and agriculture   Warehousing According to JLL, the Indian warehousing sector is projected to experience significant growth, with demand expected to reach approximately 1.2 billion square feet by 2027 across Grade A, B, and C facilities. Metro India’s metro rail network is set to become the world’s secondlargest in 3-4 years, surpassing the U.S. and China. Currently spanning 973 km across 23 cities, the government has approved three new metro projects worth ₹31,000 crore to boost urban transport. This will create a lucrative opportunity for ERW pipes, as metro networks have a high density of stations where these pipes can be used in plenty.  Airports India's civil aviation industry is expected to grow sign...

IREDA : strategic importance to the GoI for the promotion and development of the RE sector in India Sovereign ownership and strategic importance to GoI  IREDAis a 71.76% GoI-owned entity and is of strategic importance to the GoI for the promotion and development of the RE sector in India as on June 30, 2025.  Thus, the ratings factor in the Sovereign ownership and strategic importance of the company. GOI infused equity of Rs. 1,500 Cr. in March 2022.  IREDA is a strategically important entity and was set up by GoI under the administrative control of Ministry of New and Renewable Energy (MNRE) to promote, develop and extend financial assistance for RE and EE projects.  IREDA has been instrumental in implementing several schemes of the MNRE.  IREDA receives benefits of being a government owned entity in the form of GoI guarantees for its overseas bond issuances and borrowing from multilateral agencies.  Acuité believes that IREDA will continue to benefit from...

  https://youtu.be/TsATncw_xJs?si=-RNzWXcwfTNa1UwL CESC  Ventures Into Green Hydrogen Domain Solar Energy Corporation India, a government of India enterprise, selected  CESC   Projects, for  the green hydrogen facility.  The investment in the venture could be in the region of Rs 450-500 crore CESC  will establish a green hydrogen plant, the first by the RPSG Group flagship, signalling its foray into new forms of energy. The thermal power producer, which supplies electricity to Calcutta and its suburbs, will build a 10,500 tonne capacity unit on the east coast. The new venture will be executed by  CESC  Projects Ltd, a wholly owned subsidiary of  CESC  Ltd. The project is going to get a fiscal incentive from the government of India as part of the National Green Hydrogen Mission unveiled in 2022. Framework agreement with Envision Energy India Private Limited Pursuant to Regulation 30 of the Securities and Exchange Board of India (List...

Tejas Network: The  Atmanirbhar  Bharat  Abhiyan  of  the  Government  of  India  (GoI),  which  is  aimed  at  limiting  import  dependence The reaffirmation of Tejas Networks Limited’s (TNL) ratings factors in the strong parentage of Panatone Finvest Limited (PFL), which  is  a  subsidiary  of  Tata  Sons  Private  Limited  (TSPL)(rated  [ICRA]AAA(Stable)/[ICRA]A1+)and  an  investment  holding company of the Tata Group for investmentsin telecommunication.  Further, the ratings draw comfort from TNL’s healthy order book,  strong  track  record  in  the  industry  and  its  long-term  relationships with  some  large  clients,  which  have helped  it  to maintain  a  healthy  market  share  in  the  optical  networkin...