TMS Ep266: Ranbaxy promoters, telecommunication bill, gold, download speed
What brought down the Ranbaxy promoters? How disruptive will the draft telecommunication bill be? Will rate hikes dull gold's allure? Why are download speeds higher than upload speeds? Answers here
Team TMS New Delhi
Former Ranbaxy promoters Malvinder Singh and Shivinder Singh were sent to jail for six months by the Supreme Court -- which also ordered an audit of the Fortis-IIH deal. This is not the first time the brothers have been in the news for a wrong reason. This latest development is one more chapter in the long drawn-out story of their downfall. In today’s segment, we offer a peek into the journey of the Singh brothers.
Meanwhile, gold prices have been spiraling southwards after it peaked in March this year, as global central banks joined hands to raise interest rates to tame inflationary pressures. With the US Federal Reserve lifting its policy rate by 75 basis points for the third consecutive time, analysts believe that the yellow metal will continue to face pressure in the near-term as well.
Thanks to the internet, we will get the factory and services data of the UK and Euro zone within seconds of their release. But have you ever noticed the difference between download and upload speeds? A simple speed test will tell you that the upload speed is usually lower than the download. Let us find out why in this episode of the podcast.
First Published: Sep 23 2022 | 8:00 AM IST