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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence · Estd 2006 Technology & Strategy · Global Data AI Isn't Replacing Businesses—It's Redefining Competitive Advantage Two years ago, the AI debate revolved around whether companies should adopt artificial intelligence. That debate is over. Today the question is no longer who uses AI, but who is actually building lasting competitive advantage from it. According to the latest global data, the answer is surprisingly few. Start with the headline gap: 88% of companies now use AI in at least one business function. Just 6% are turning that usage into a measurable, meaningful impact on their bottom line. That gap between adoption and value, not the technology itself, is the real story of this decade — and the data behind it is more precise, and more revealing, than the headlines su...
Karuturi Global Ltd: The India's largest Rose Flower Exporter, is on a Dream Run
Earlier the India's largest rose exporter Karuturi Global Ltd (KGL) received an approval from the board of directors to offload its 53% stake in Mumbai-based Florista India Pvt Ltd, which operates a chain of floral designing boutiques across India, according to a stock market disclosure.

Recently Karuturi Global Ltd announced that the Committee of the Board of Directors of the Company at their meeting held on 25 May 2015, has allotted:

1. 34,50,00,000 Convertible Warrants of Face Value of Re. 1/- each to Non Promoters on Preferential Allotment basis through Resolution passed by the Shareholders at the Annual General Meeting held on 20 March 2015 pursuant to the provisions of Section 62 and other applicable provisions of the Companies Act, 2013.

2. 1000 Fully Convertible Debentures of Face Value Rs. 5,00,000/- each to Promoter through Resolution passed by the Shareholders at the Annual General Meeting held on 20 March 2015 pursuant to the provisions of Section 62, 71 and other applicable provisions of the Companies Act, 2013.

If you remember, the scrip was recommended at around Rs.1.20-1.50 and was asked to be averaged, on all declines. Congratulations to all, who followed this suggestion of mine and is now sitting on a pile of cash. The next target for the scrip seems to be Rs.7-9, as the company is taking of measures to improve both its top and bottomlines.

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