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Apart From Aman Gupta’s BoAt, All Shark Tank India Judges Are In Huge Losses
The show Shark Tank India, which everyone raved about last year, has returned this year with a new season featuring the same concept accompanied by minor changes. The main goal of Shark Tank India is to assist budding company owners by persuading some of the country’s biggest and most successful CEOs to invest in their projects.
While most of the changes are not discussed very much, the change in the roaster of judges or sharks has become the talk of the town.
Ashneer Grover, a co-founder of BharatPe, was perhaps the most well-liked shark in Season 1, but in Season 2, CarDekho CEO Amit Jain has taken his spot. The change has sparked debate on social media over whether the Shark Tank India judges are genuinely deserving of running the program.
This debate got fueled when Ankit Uttam, a best-selling author on Amazon, wrote a post on LinkedIn about the financials of shark-run enterprises and about his investigation, which revealed that several of the judges’ companies had incurred significant losses.
Ankit Uttam’s LinkedIn post where he mentioned the losses suffered by the Shark Tank India judges went viral on the internet
A well-known author began his most recent LinkedIn post by discussing how, in contrast to Shark Tank US, Shark Tank India hasn’t been successful for him since the first season.
He said that instead of relying on venture capital funding or sinking in enormous losses, the judges on the US edition of the program, Barbara Corcoran, Mark Cuban, Lori Greiner, Rober Herjavec, Daymond John, and Kevin O’Leary, are managing enterprises that actually earned a profit.
He further noted the losses suffered by Vineeta Singh’s SUGAR Cosmetics, Ghazal Alagh’s Mamaearth, Ashneer Grover’s BharatPe, Anupam Mittal’s Shaadi.com, Peyush Bansal’s Lenskart, and Amit Jain’s CarDekho.
Here is what Ankit Uttam’s LinkedIn post stated about the Shark Tank India judges:
1. Vineeta Singh
Talking about the losses suffered by Vineeta Singh- CEO of SUGAR Cosmetics, he wrote,
Vineeta Singh’s SUGAR Cosmetics reported a loss of INR 75 Cr in FY22 up from INR 21.1 Cr in the fiscal year FY21.
2. Ghazal Alagh
Talking about Ghazal Alagh’s Mamaearth, he wrote,
Ghazal Alagh’s Mamaearth for the first time since inception had posted a profit for FY22 at INR 14.44 Cr after suffering losses of Rs. 1,332 crore in FY21 and ₹428 crore in FY20. Also the company has reported a 4 crore net profit for the first half of FY23. So the company has just lately begun turning profitable. Also a recent Mint news report states that they are going for an IPO at a valuation figure of INR 24000 Cr. 24000 Crore when the profits are just 14 crore !!!!!! 😱
This clearly states that the company Mamaearth has been making profits just recently.
3. Ashneer Grover
Talking about BharatPe’s loss under Ashneer Grover’s leadership, he wrote,
BharatPe’s total loss stood at Rs 5,594 crores in FY 2022. In FY 2021, the company had recorded a total loss of Rs 2,961 crore. Ashneer Grover was recently removed from the company so these losses will be also under his leadership since he was the CEO for the major part of the FY22.
4. Anupam Mittal
Anupam Mittal owns more than one brand like Shaadi.com, Makaan.com, Mauj mobile, etc. Talking about Anupam Mittal’s loss and the brand’s financial secrecy, he wrote,
Anupam Mittal is the owner of brands like Shaadi. com, Makaan .com, Mauj Mobile. Except Shaadi other brands are either dead or not making enough money. Even Shaadi’s financials are NOT known in public except one recent report about its future IPO that may or maynot arrive since one such attempt was also made in 2009.
5. Peyush Bansal
Talking about Peyush Bansal company Lenskart’s loss, he wrote,
Peyush Bansal’s Lenskart posted a consolidated loss of INR 102.3 Cr in FY22. Enough said!
Talking about the CarDekho CEO and the new judge of Shark Tank India Season 2, Amit Jain’s loss, he wrote,
Amit Jain’s CarDekho posted losses of ₹246.5 crore in the financial year 2021-22.
7. Aman Gupta
But the LinkedIn user also pointed out that the one business that has been successful from the start is Aman Gupta’s BoAt. He wrote,
Aman Gupta’s Boat is the only company that has been profitable since its inception.
8. Namita Thapar
However, it was his comparison of Namita Thapar to Ananya Pandey in the past that garnered the most attention.
Using the term “nepotism,” the LinkedIn user equated Namita Thapar to Ananya Pandey from Bollywood because Thapar did not establish Emcure Pharma. It was her father who founded it, and he is still its CEO. He wrote,
Namita Thapar is NOT the founder of her company Emcure Pharma. It’s her father who started it and still is its CEO. So her credentials seem similar to that of Ananya Pandey in Bollywood. (Did somebody hear nepotism).
For the uninitiated, Namita Thapar is the child of Satish Mehta, a first-generation businessman and the founder of Emcure Pharmaceuticals in Pune. She spent her formative years in Pune and obtained a degree in business from Pune University. She is also a registered chartered accountant with the Institute of Chartered Accountants of India (ICAI). In 2001, she earned her MBA from Duke University’s Fuqua School of Business.
She is the Executive Director of Emcure Pharmaceuticals Ltd. in Pune, one of India’s major pharmaceutical firms with operations in over 70 nations, where she also oversees operations in India.
Within no time, his post had gone viral not only on LinkedIn but also on other social media platforms.
Fans were surprised to see the losses incurred by their favourite sharks, who continue to invest significant amounts of money in other businesses
While many felt that Ankit Uttam’s was unfair and too negative towards the Sharks.
News
Reasons Why Animal Is Getting Hate And Is Being Dragged Into Controversies
Sandeep Reddy Vanga’s latest action-drama Animal starring Ranbir Kapoor is breaking the Indian box office after its release. Director Sandeep Reddy Vanga often gets involved in controversies as the lead characters in his movies are showcased as toxic, rogue, violent, and misogynistic. From Arjun Reddy, and Kabir Singh to his latest release Animal, his movies hook the audiences. Animal netted Rs 129.80 crore in two days.
Though Animal is setting box office records, the film has also come under harsh scrutiny as a section of the audience has called out for its misogyny, vulgarity, and violence. Animal has caused a wave of controversies. People are blaming director Sandeep Reddy Vanga for promoting male chauvinism. There is more than one reason for feminists to not watch the movie.
Here we have listed some of the facts and scenes from the movie that scream misogyny and violence and depict why some people would not like to watch it:
1. The ‘alpha male’ theory
In one of the scenes of the movie, Ranbir explains to Rashmika what’s wrong and right for her and he goes on to explain why she should pick him because he is the ‘alpha male’.
2. The conflict of the alphas
Animal demonstrates the war of two alphas and the women are present in their families just to give birth to their kids so that they can continue the fight in the name of ‘family legacy’.
3. Too bloodshed and gore in the film
It was clear from the trailer of the movie that Animal was a mass action film. However, the level of violence shown in the movie has surpassed everyone’s expectations. There seems to be a lot of unnecessary bloodshed and gore in the film for Ranbir’s father Anil Kapoor. In the hunt for his father’s rivals, the ‘alpha male’ image is further promoted.
4. Misogyny
Coming from director Sandeep Reddy Vanga, the man behind Arjun Reddy and Kabir Singh, it’s not surprising that Animal is yet another movie promoting misogyny, with Ranbir Kapoor being the center of attention.
5. Toxic masculinity
The lead actor Ranbir in the film showcases the traits of toxic masculinity on more than one occasion. He compliments his wife ‘Geetanjali’ played by Rashmika Mandanna for her ‘wide pelvis, suitable for healthy babies.’. While his wife is depicted as submissive and silent.
6. Justifying cheating
Ranbir’s character ‘Ranvijay Singh’ is shown to have s*x with another woman despite being married to Rashmika’s character. He even justified his act later. He states that he did it to expose the attackers of his father but it makes more sense when we say that he clearly had other ways.
7. Do not remarry
When Ranbir is about to leave to fight his arch-enemy Abrar in the action-packed movie, he literally says to his wife,
“Sun, agar main waapas nahi aaya to doosri shaadi mat karna”
This clearly justifies control and dictatorship.
8. Whiskey, not wine
In one of the scenes, Ranbir’s character shows how dominating and misogynistic he is as when he sees his sister drinking whiskey, he comes to his sister and tells her,
“Why are you drinking whisky? Drink wine”
9. Too lengthy
This film is one of the longest Bollywood has ever produced. The duration of this movie is 3 hours and 22 minutes long. For such a long runtime all the violence and bloodshed is too much and can feel tiresome to watch.
We do not promote a boycott of the movie, we only aim to discuss the shortcomings and controversial scenes of Animal. Your opinion on the movie might vary once you watch it. Do let us know about your opinions on this action flick in the comments.
News
Sam Bahadur Cast Fees From Vicky Kaushal To Sanya Malhotra
Meghna Gulzar’s biographical war drama, Sam Bahadur is winning the hearts of the audience. As per reports, the budget of the movie was around Rs 55 crore. In this film, Sam Bahadur is played by the talented actor, Vicky Kaushal. After Uri: The Surgical Strike, this is Vicky’s second war drama. For this movie, he transformed into the character of Sam Manekshaw brilliantly. But do you know how much he charged for this amazing transformation into the former Army Chief? Well, you’ll be shocked when you read about it.
Reportedly, Meghna previously considered Ranveer Singh for the lead role. She tried to reach out to Ranveer when his wife Deepika Padukone was shooting for Chhapaak, but things did not work out. The film, Sam Bahadur has been in the making for more than three years. Finally, Meghna picked the Raazi actor and went ahead with the project.
Here is how much the superb cast of Sam Bahadur was paid for their respective roles:
1. Vicky Kaushal’s Fee For Sam Bahadur
Vicky Kaushal’s fees for this movie have been a considerable raise from his previous releases Govinda Naam Mera and Zara Hatke Zara Bachke. Vicky Kaushal was paid almost 6 crore for Zara Hatke Zara Bachke and 5 crore for Govinda Naam Mera. The film, Sam Bahadur has been reportedly made on a budget of 55 crore and you will be shocked to know that the actor has been paid 18.18% of the entire budget. Vicky Kaushal has been paid 10 crore to play Sam Maneskshaw. Vicky’s remuneration is about 9 times the fees paid to Fatima Sana Shaikh and Sanya Malhotra.
2. Fatima Sana Shaikh’s Fee For Sam Bahadur
Fatima Sana Shaikh, the Dangal actress plays Indira Gandhi in the film. Fatima has been paid 1 crore to play her part in the war drama. It is 900% less than the lead actor’s fee. Fatima was last seen in a significant role on the big screen in Thugs of Hindostan. She is reportedly dating the Bollywood actor Aamir Khan.
3. Sanya Malhotra’s Fee For Sam Bahadur
Sanya Malhotra, the other Dangal actress plays Sam Manekshaw’s wife in the film. She has also been paid 1 crore. Sanya was last seen on the big screen in Jawan for which she received a payment of 3 crore, so charging only one crore for Sam Bahadur is quite considerate of her.
4. Neeraj Kabi’s Fee For Sam Bahadur
Neeraj Kabi is a talented actor who plays the role of Jawaharlal Nehru in Sam Bahadur. He was also a part of Meghna Gulzar’s much-acclaimed film Talvar. He has been paid 30 lakh for playing his part.
5. Mohammed Zeeshan Ayyub’s Fee For Sam Bahadur
Mohammed Zeeshan Ayyub is an acclaimed actor who played the Pakistani Army Officer Yahya Khan in the film. The actor has charged 15 lakh to play his part. He is the least paid in the star cast. His salary for the film is almost 6566.67% lower than Vicky Kaushal.
Here is the trailer of Meghna Gulzar’s Sam Bahadur:
Sam Bahadur is Sam Manekshaw’s biopic that was released on December 1 worldwide and is facing tough competition with Ranbir Kapoor & Sandeep Reddy Vanga’s Animal. Which one do you plan to watch? Let us know in the comments.
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From The Chief Minister To The Prime Minister, Here’s How Much Our Indian Politicians Get Paid
Politicians are always in the news, so much so that they have an entire category allocated to them. The media always keeps a close eye on our country’s politicians. They are always in the news, whether they have passed a controversial statement or aren’t doing a thing. Like individuals in other professions, these officials receive payment for their significant responsibilities and roles in governing the nation.
The Parliament of India regularly reviews and adjusts their salaries. This isn’t just about numbers rather it’s a crucial step in recognizing and appreciating their commitment and service to our country. It’s all part of a process that values transparency and accountability, ensuring that the financial aspects of public administration are fair and open for all to see.
This is how much our government officials get paid:
1. President: Droupadi Murmu gets paid Rs 5 Lakh
Droupadi Murmu was sworn in as the 15th President of India on 25th July 2022. The President’s salary is allocated under ‘The President’s Achievement and Pension Act of 1951’. She went down in history as the first tribal President of India.
The President’s monthly salary was increased from Rs 1.5 Lakh to Rs 5 Lakh in 2016, hence she gets paid Rs 5 Lakh per month and 50% of that amount as pension after her tenure ends.
Bullet and shock-proof cars, elite army bodyguards, transportation, medical care, and a residence at the 340-room Rashtrapati Bhavan, and other benefits are provided, all at government expense.
2. Vice President: Jagdeep Dhankhar gets paid Rs 4 Lakh
Jagdeep Dhankar took the oath as the 14th Vice President of India on 11th August 2022. His current salary is Rs 4 Lakh per month and when his tenure ends, he will also receive 50% of his salary as a pension.
He is also entitled to free housing, personal security guards, free medical care, and free air and train travel. As a Vice President, he will reside at the Uprashtrapati Bhavan. Did you know, that in case of a sudden event, like death, resignation, or impeachment of the President, the Vice-President occupies the position of the President of India?
3. Prime Minister: Narendra Damodardas Modi gets paid Rs 2 Lakh
Prime Minister Narendra Modi was re-elected for his second consecutive tenure in 2019. He took the oath on the 30th of May.
PM Narendra Modi receives a monthly salary of ₹ 2 lakh, along with other perks such as a residence in Delhi, access to a Boeing 777-300ER with IAF pilots, transportation, health insurance, and special security. He travels in the world’s most luxurious and safest cars.
4. Chief Minister of Delhi: Arvind Kejriwal gets paid Rs 4 Lakh
The salary of the Chief Ministers of different states in India varies. Arvind Kejriwal, the Chief Minister of Delhi, receives a salary of ₹4 lakh per month along with other benefits. Udhav Thackeray, the Chief Minister of Maharashtra, gets a monthly salary of ₹3.4 lakh.
K. Chandrashekar Rao, the Chief Minister of Telangana, is the highest-paid Chief Minister in India with a monthly salary of ₹4.10 lakh. Due to differences in seniority, competence, and cabinet composition, the pay scale of ministers varies across states.
5. Governors of States get paid Rs 3.5 Lakh
The Governor is responsible for managing the affairs of their appointed state with the help of the chief minister. Although the salary of Governors varies from state to state, the parliament has allotted a monthly salary of Rs 3.5 lakh for them, along with other benefits.
6. Members of the Parliament get paid Rs 1 Lakh
Members of Parliament (MPs) are a combination of elected and appointed members who serve in the upper and lower houses of parliament, the Rajya Sabha and Lok Sabha. The government pays every member of parliament a monthly salary of Rs 1 lakh per month, along with other facilities.
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