Performance appraisal of 5 companies done by shweta-bebartaShweta Bebarta
It is a PPT which describes briefly about Performance appraisal process of 5 companies. they are - TCS, GENERAL ELECTRIC, SAP, BIG BAZAAR and TITAN. These 5 companies, which process they have adopted for appraisal and why it is good for the company?
Performance appraisal of 5 companies done by shweta-bebartaShweta Bebarta
It is a PPT which describes briefly about Performance appraisal process of 5 companies. they are - TCS, GENERAL ELECTRIC, SAP, BIG BAZAAR and TITAN. These 5 companies, which process they have adopted for appraisal and why it is good for the company?
The Field of Human Resource Management is developing very fast and every department of Human activity is realizing it’s important in the smooth functioning of the organization. Innovative techniques are developed to improve the culture at workplace so that the employees are motivated to give in their best to the organization as also to attain job satisfaction. Hence, it important implements the latest human resource practices in the organization.
The Latest Techniques in the field of Human Resource Development are Employees for Lease, Moon Lighting by Employees, Dual Career Group, Work Life Balance (flexi time & flexi work), Training & Development, Management Participation in Employees’ organization, Employee’s Proxy, Human Resources Accounting, Organizational Politics, Exit Policy & Practice, etc.
This project is about WORK LIFE BALANCE. A latest technique in the field of a human resource. To see how the organization is adopting the new trends in the HR field.
Impact of Training on Employee Performance (Banking Sector Karachi)iosrjce
The purpose of this research is to determine factors that impact training in banks of Karachi and
how they affect employee performance. The study observe that how training needs establish, how effective the
training methods of banks and their influence of employee performance. Literature review revealed that training
is one of the key element that help employees to gain knowledge and confer motivation ad satisfaction. Training
enhance skills and abilities of employees. Through training employee learn teamwork and integrity. On the
other hand, it also contribute positively towards development of employee performance along with other factors.
The research conclusively find that training affects the performance of employees in banks of Karachi. This is
indicate by the training framework which is designed to achieve organization strategic goals. Data was
collected from Banks of Karachi. Random sampling technique is used by researcher to gather responses from
100 employees through questionnaire. Analysis is done by regression and correlation technique. The findings of
research have shown that the factors of training have positive impact on employee performance of banks of
Karachi.
The Field of Human Resource Management is developing very fast and every department of Human activity is realizing it’s important in the smooth functioning of the organization. Innovative techniques are developed to improve the culture at workplace so that the employees are motivated to give in their best to the organization as also to attain job satisfaction. Hence, it important implements the latest human resource practices in the organization.
The Latest Techniques in the field of Human Resource Development are Employees for Lease, Moon Lighting by Employees, Dual Career Group, Work Life Balance (flexi time & flexi work), Training & Development, Management Participation in Employees’ organization, Employee’s Proxy, Human Resources Accounting, Organizational Politics, Exit Policy & Practice, etc.
This project is about WORK LIFE BALANCE. A latest technique in the field of a human resource. To see how the organization is adopting the new trends in the HR field.
Impact of Training on Employee Performance (Banking Sector Karachi)iosrjce
The purpose of this research is to determine factors that impact training in banks of Karachi and
how they affect employee performance. The study observe that how training needs establish, how effective the
training methods of banks and their influence of employee performance. Literature review revealed that training
is one of the key element that help employees to gain knowledge and confer motivation ad satisfaction. Training
enhance skills and abilities of employees. Through training employee learn teamwork and integrity. On the
other hand, it also contribute positively towards development of employee performance along with other factors.
The research conclusively find that training affects the performance of employees in banks of Karachi. This is
indicate by the training framework which is designed to achieve organization strategic goals. Data was
collected from Banks of Karachi. Random sampling technique is used by researcher to gather responses from
100 employees through questionnaire. Analysis is done by regression and correlation technique. The findings of
research have shown that the factors of training have positive impact on employee performance of banks of
Karachi.
What are subsidies?
Subsidies are the money the government gives to the public or
corporates for selling essential goods and services at cheaper rates.
Simply put, it is the opposite of taxation. There are two different kinds of subsidies – growth oriented and welfare oriented. Reduction in fuel and food costs is an example of welfare-oriented subsidies. The government also sometimes gives money to companies or farmers for operating in certain industries.
These are examples of growth-oriented subsidies. These subsidies encourage companies to operate in industries that may have high business costs, but are still important for the public and the economy.
The oil marketing industry is the best example of this. These companies sell fuel at cheaper rates, incurring a loss. Yet, fuel plays a very important role in the economy. So, to encourage companies to operate in this environment, the government pays them subsidies to make up for the loss.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
2. Current price 174.70
Sector Fasteners
No of shares 210128370
52 week high 219.00
52 week low 50.70
BSE Sensex 28469.67
Nifty 8634.65
Average Volume 45204
BSE Code 500403
NSE Symbol SUNDRMFAST
Sundram Fasteners Ltd.
Recommendation
– BUY/HOLD
Date – 19/03/2015
3. Company Overview
Sundram Fasteners Limited is a part of the US $5 billion TVS Group, headquartered in Chennai,
India. The Company has established a track record of leadership over 40 years. With a
diversified product line, world-class facilities in 4 countries and motivated team of talented
people, Sundram Fasteners has become a supplier of choice to leading customers in the
automotive and industrial segments worldwide..
The product range consists of high-tensile fasteners, powder metal components, cold extruded
parts, hot forged components, radiator caps, automotive pumps, gear shifters, gears and
couplings, hubs and shafts, tappets and iron powder. Over the years, the Company has
acquired cutting-edge technological competencies in forging, metal forming, close-tolerance
machining, heat treatment, surface finishing and assembly.
Manufacturing locations are supported by engineering and design personnel working on new
product design and development. It has operations in India, China, the United Kingdom,
Malaysia, Germany, and the United States. Understanding the global nature of business and the
need to provide quality products on “just in time” basis to customers, the company has
established supply chain logistics networks spanning several continents.
The current market capitalisation stands at Rs 3,721.37 crore. The company has reported a
standalone sales of Rs 575.46 crore and a Net Profit of Rs 30.13 crore for the quarter ended
Dec 2014.
5. Industry Overview
Fasteners form a vital part of any structure as they help in joining two or more components together. Economic
development in India has led to a rise in disposable income of consumers which in turn has resulted in
growing demand for automobiles. This factor is expected to be one of the primary reasons driving the growth
of the market. In addition, rise in construction and maintenance activities all across the world is expected to be
an important factor which will boost the demand for fasteners over the forecast period. Development of
fasteners which are customized for niche application segments such as railways and solar equipment is
expected to open opportunities for the growth of the market within the forecast period.
Automobile industry accounts for 75 per cent of the total demand of this industry followed by consumer
durables and railways. With the automotive industry witnessing a significant growth rate along with increasing
global demand, the future of the Indian fastener industry is very promising. Other OEM segments such as
electronic and electrical, fabricated metal products and aerospace equipments were the largest application
segments of fasteners and accounted for over 30% of the demand in 2011.
However, demand for fasteners is expected to be highest from construction on account of the rising
construction and maintenance activities worldwide. The construction application segment is expected to grow
at a CAGR of over 9% from 2012 to 2018. Automotive OEM sector is expected to show above average growth
within the forecast period.
Asia Pacific accounted for the highest demand for industrial fasteners in 2012 and is expected to account for
over 45% of the market by 2018. The trend is expected to continue over the next six years due to factors such
as rapid industrialization and favorable economic conditions, which is expected to boost the demand for
durable goods and other manufacturing and development activities.
6. Mar '14 Mar '13 Mar '12 Mar '11 Mar '10
Sources Of Funds
Total Share Capital 21.01 21.01 21.01 21.01 21.01
Equity Share Capital 21.01 21.01 21.01 21.01 21.01
Reserves 754.63 673.28 612.45 533.94 459.14
Networth 775.64 694.29 633.46 554.95 480.15
Secured Loans 306.09 338.93 344.19 649.66 369.39
Unsecured Loans 291.90 370.28 351.68 99.95 198.52
Total Debt 597.99 709.21 695.87 749.61 567.91
Total Liabilities 1,373.63 1,403.50 1,329.33 1,304.56 1,048.06
Application Of Funds
Gross Block 1,380.03 1,231.79 1,133.13 1,010.96 910.89
Less: Accum. Depreciation 597.56 524.16 460.34 403.15 350.75
Net Block 782.47 707.63 672.79 607.81 560.14
Capital Work in Progress 20.53 21.41 40.09 50.04 19.64
Investments 123.16 132.02 142.63 142.37 142.39
Inventories 290.18 321.18 323.98 286.93 209.53
Sundry Debtors 405.77 432.92 433.52 364.55 260.37
Cash and Bank Balance 9.21 10.59 6.71 8.13 4.65
Total Current Assets 705.16 764.69 764.21 659.61 474.55
Loans and Advances 217.82 219.55 189.66 144.07 121.21
Fixed Deposits 0.00 0.00 0.00 0.46 0.38
Total CA, Loans & Advances 922.98 984.24 953.87 804.14 596.14
Current Liabilities 435.10 408.29 448.62 277.54 253.52
Provisions 40.40 33.52 31.42 22.25 16.73
Total CL & Provisions 475.50 441.81 480.04 299.79 270.25
Net Current Assets 447.48 542.43 473.83 504.35 325.89
Total Assets 1,373.64 1,403.49 1,329.34 1,304.57 1,048.06
Contingent Liabilities 69.60 102.38 63.04 26.00 80.96
Book Value (Rs) 36.91 33.04 30.15 26.41 22.85
Balance Sheet
7. Profit and Loss Account
Mar '14 Mar '13 Mar '12 Mar '11 Mar '10
Income
Sales Turnover 2,022.28 2,069.42 2,146.64 1,944.81 1,421.93
Excise Duty 0.00 0.00 0.00 136.42 88.07
Net Sales 2,022.28 2,069.42 2,146.64 1,808.39 1,333.86
Other Income 38.72 27.58 18.07 -1.26 15.43
Stock Adjustments -6.63 -3.18 39.81 25.99 2.27
Total Income 2,054.37 2,093.82 2,204.52 1,833.12 1,351.56
Expenditure
Raw Materials 1,107.88 1,192.65 1,290.26 1,064.77 761.60
Power & Fuel Cost 111.45 119.16 90.37 86.95 62.29
Employee Cost 218.23 201.91 184.24 158.97 124.27
Other Manufacturing Expenses 0.00 0.00 0.00 168.16 113.61
Selling and Admin Expenses 0.00 0.00 0.00 72.07 91.56
Miscellaneous Expenses 321.97 295.19 326.48 59.54 14.99
Total Expenses 1,759.53 1,808.91 1,891.35 1,610.46 1,168.32
Operating Profit 256.12 257.33 295.10 223.92 167.81
PBDIT 294.84 284.91 313.17 222.66 183.24
Interest 58.58 81.35 92.20 23.90 27.91
PBDT 236.26 203.56 220.97 198.76 155.33
Depreciation 76.37 71.62 63.61 54.54 47.48
Profit Before Tax 159.89 131.94 157.36 144.22 107.85
PBT (Post Extra-ord Items) 159.89 131.94 157.36 144.47 107.43
Tax 39.00 36.88 44.75 39.07 32.42
Reported Net Profit 120.89 95.06 112.60 105.18 75.43
Total Value Addition 651.65 616.26 601.10 545.68 406.72
Equity Dividend 35.72 29.42 29.42 26.27 18.91
Corporate Dividend Tax 4.20 4.82 4.67 4.36 3.17
Per share data (annualised)
Shares in issue (lakhs) 2,101.28 2,101.28 2,101.28 2,101.28 2,101.28
Earning Per Share (Rs) 5.75 4.52 5.36 5.01 3.59
Equity Dividend (%) 170.00 140.00 140.00 125.00 90.00
13. Investment Rationalize
Leading player in Indian fasteners industry with TVS group as promoters and clientele includes major Indian
companies such as Ashok Leyland, BEML, Bajaj, Tata, TVS, M&M, Maruti suzuki and international players
such as Volvo, GE, GM, Volkswagen, Ford, Mitsubishi Motors, Bosch, Caterpillar, JCB, Siemens, etc.
Company has reduced its debts and increased its production capacity, which will help the company when the
demand for products picks up.
Reduction in crude oil prices and improvement in economic cycle will help the company as the sales of
automobiles and the demand for the products increases.
Company was able to perform well in adverse circumstances and current order book from major players
ensures the consistent in foreseeable future.
Improvement in economic situations in American and European countries will add significantly to the
companies revenue as more than 38% of the revenue comes from exports.
Reduction in prices in raw materials and manufacturing expenses will increase the profit margin of the
company and Sundram Fasteners have a good dividend history.
Price to Sales Ratio of the company stands at 1.82, which means company is reasonably priced, and the
past consistent performance and future growth prospects ensures the company is reasonably priced.
Increase in revenue from fully owned subsidiaries will add to the companies profits.