The document discusses India's history of terrorist attacks and the government's increasing efforts to bolster national security, such as launching new security programs and increasing defense budgets. It also notes that both government and private industry in India are adopting more advanced technological security systems in response to the growing threat of terrorism and crime.
The document summarizes several major financial market scams that occurred in India, including:
1) The 1992 Harshad Mehta securities scam, which involved Rs. 5000 crores through fraudulent ready forward deals and fake bank receipts.
2) The 2001 Ketan Parekh scam, where he rigged stock prices of companies like Visualsoft and Sonata Software, inflating values and causing losses of Rs. 1250 crores.
3) The 2001 UTI scam, where chairman P Subramanyam misused small investor funds worth Rs. 4800 crores for favors and junk investments.
4) The 2008 Satyam scam, where founder Ramalinga Raju admitted to fals
The ASEAN economic bloc consists of 10 Southeast Asian countries with a total population of over 500 million people. It has a combined GDP of over $1.4 trillion and aims to facilitate economic integration and development through initiatives like the ASEAN Free Trade Area and ASEAN Economic Community. Some key indicators for ASEAN countries in 2009 include Thailand having the largest economy by GDP, Singapore having the highest GDP per capita, Indonesia having the largest population, and Vietnam and the Philippines experiencing strong economic growth rates. ASEAN seeks to boost regional trade, investment, and development.
The document provides an overview of the Indian securities market, including its key segments and participants. It discusses the primary market process for floating new issues through public offerings, rights issues, and private placements. It also summarizes the roles of various intermediaries like merchant bankers and registrars involved in the issuance process. Additionally, it covers secondary market trading and settlement, and describes the structure and regulation of the Indian financial system.
The document discusses various aspects of securities markets and financial markets. It describes the key components and participants in primary and secondary markets. The primary market, also called the new issue market, deals with the initial sale of new securities to investors. Major functions of the primary market include origination, underwriting, and distribution of new securities issues. Common methods to float new issues include public issues, rights issues, and private placements. The secondary market provides for the trading of previously-issued securities among investors.
The investment environment ppt @ bec domsBabasab Patil
This document summarizes key concepts in investments including different types of investments like stocks, bonds, and mutual funds. It outlines the investment process from setting goals and evaluating choices to selecting a diversified portfolio. Tax implications are discussed for active income, capital gains, and tax-deferred or tax-free options. Life cycle investing and economic cycles are also briefly covered, as well as liquidity needs and savings vehicles.
The document provides a biodata format that collects personal and professional information in sections including name, age, education qualifications, work experience, achievements, strengths and weaknesses, hobbies, marital status, languages known, and last salary. It requests contact details, educational history with marks/grades, employment history listing organizations, roles and responsibilities, an example of a significant achievement in the last 2-3 years, and 3 strengths and weaknesses with examples. Additional optional sections collect information on gaps in education or employment, hobbies, marital status, languages, and current/previous salary breakdown.
Best Buy careers in Finance, Accounting, or Taxikahn
This presentation highlights Best Buy's Finance organization which includes accounting and tax specialties. This is the "why you'd want to work at Best Buy corporate" presentation. Covers Best Buy company performance details, and campus amenities. Describes the structure of Best Buy's finance organization
Bonds, Interest rates, and the Impact of InflationDolf Dunn
Bonds have had their 30+ year bull run, now it is time to pay close attention to the bonds you own. For decades, most people’s bond portfolios were just on autopilot, this will get you hurt going forward. Please read on..
The document summarizes several major financial market scams that occurred in India, including:
1) The 1992 Harshad Mehta securities scam, which involved Rs. 5000 crores through fraudulent ready forward deals and fake bank receipts.
2) The 2001 Ketan Parekh scam, where he rigged stock prices of companies like Visualsoft and Sonata Software, inflating values and causing losses of Rs. 1250 crores.
3) The 2001 UTI scam, where chairman P Subramanyam misused small investor funds worth Rs. 4800 crores for favors and junk investments.
4) The 2008 Satyam scam, where founder Ramalinga Raju admitted to fals
The ASEAN economic bloc consists of 10 Southeast Asian countries with a total population of over 500 million people. It has a combined GDP of over $1.4 trillion and aims to facilitate economic integration and development through initiatives like the ASEAN Free Trade Area and ASEAN Economic Community. Some key indicators for ASEAN countries in 2009 include Thailand having the largest economy by GDP, Singapore having the highest GDP per capita, Indonesia having the largest population, and Vietnam and the Philippines experiencing strong economic growth rates. ASEAN seeks to boost regional trade, investment, and development.
The document provides an overview of the Indian securities market, including its key segments and participants. It discusses the primary market process for floating new issues through public offerings, rights issues, and private placements. It also summarizes the roles of various intermediaries like merchant bankers and registrars involved in the issuance process. Additionally, it covers secondary market trading and settlement, and describes the structure and regulation of the Indian financial system.
The document discusses various aspects of securities markets and financial markets. It describes the key components and participants in primary and secondary markets. The primary market, also called the new issue market, deals with the initial sale of new securities to investors. Major functions of the primary market include origination, underwriting, and distribution of new securities issues. Common methods to float new issues include public issues, rights issues, and private placements. The secondary market provides for the trading of previously-issued securities among investors.
The investment environment ppt @ bec domsBabasab Patil
This document summarizes key concepts in investments including different types of investments like stocks, bonds, and mutual funds. It outlines the investment process from setting goals and evaluating choices to selecting a diversified portfolio. Tax implications are discussed for active income, capital gains, and tax-deferred or tax-free options. Life cycle investing and economic cycles are also briefly covered, as well as liquidity needs and savings vehicles.
The document provides a biodata format that collects personal and professional information in sections including name, age, education qualifications, work experience, achievements, strengths and weaknesses, hobbies, marital status, languages known, and last salary. It requests contact details, educational history with marks/grades, employment history listing organizations, roles and responsibilities, an example of a significant achievement in the last 2-3 years, and 3 strengths and weaknesses with examples. Additional optional sections collect information on gaps in education or employment, hobbies, marital status, languages, and current/previous salary breakdown.
Best Buy careers in Finance, Accounting, or Taxikahn
This presentation highlights Best Buy's Finance organization which includes accounting and tax specialties. This is the "why you'd want to work at Best Buy corporate" presentation. Covers Best Buy company performance details, and campus amenities. Describes the structure of Best Buy's finance organization
Bonds, Interest rates, and the Impact of InflationDolf Dunn
Bonds have had their 30+ year bull run, now it is time to pay close attention to the bonds you own. For decades, most people’s bond portfolios were just on autopilot, this will get you hurt going forward. Please read on..
This document defines taxation and discusses concepts related to taxation. It defines taxation as the process by which a sovereign raises revenues through its laws to fund government expenses and promote citizen welfare. It discusses principles of taxation like benefit principle, ability-to-pay principle, and equal-distribution principle. It also outlines characteristics of a tax like being an enforced contribution levied by law for public purposes. The document emphasizes that a sound tax system needs fiscal adequacy, equality, administrative feasibility, and consistency with economic goals.
This document discusses interest rate risk for fixed income securities like bonds. It explains that bond prices and interest rates move in opposite directions, so when interest rates rise, bond prices fall. It also discusses different types of bonds and how their yields are calculated. Bond supply and demand determine bond prices and interest rates in the market. Factors like expected inflation, economic growth, and monetary policy can cause these supply and demand curves to shift, changing equilibrium interest rates.
Investment environment - International Business - Manu Melwin Joymanumelwin
The document discusses different classifications of investment environments including narrow/broad, macro/micro, and hard/soft environments. It also outlines key elements that comprise the investment environment such as natural resources, economic status, political/legal status, and social/cultural status. Specifically, it examines factors within each element like geographical, demographic, and climatic natural resources; levels of economic development and infrastructure; and aspects of political stability, foreign relations, and legal systems.
The document provides an overview of the structure and components of the Indian money market and capital market. It discusses the various sectors that make up the money market such as organized, unorganized, cooperative, and organized sectors. It then describes the various financial institutions that operate in the money market such as RBI, public sector banks, private sector banks, foreign banks, non-scheduled banks, scheduled banks, development banks, and DFHI. It also outlines some drawbacks of the Indian money market including a lack of integration, multiple interest rates, insufficient funds, shortage of investment instruments, and lack of an organized banking system. Finally, it discusses key aspects of the primary and secondary capital markets in India.
This document describes Masaki Nakagawa's role as a Software Engineer in Test (SWET) at DeNA. It provides details about his background, responsibilities in developing test frameworks and automated tests, and approach to testing. As a SWET, he writes test code, builds test environments, and automates testing to improve developer productivity. He advocates for testing activities to be integrated with development and uses techniques like gray box testing to balance automated testing with readable, writable and maintainable test code.
This document discusses different types of investments and the investment environment. It defines investment in both economic and finance terms and outlines key concepts like direct vs indirect investment, equity vs debt investment, and short vs long term investment. The document also covers different types of securities like stocks, bonds, derivatives, and more high or low risk options. Overall, the document provides an overview of various investment vehicles and considerations within the investment environment.
Ad09a Role Of Sebi And Securities MarketGOEL'S WORLD
The document discusses the role of SEBI in regulating the securities market in India. It outlines various malpractices in the market like price manipulation and insider trading. It then describes SEBI's regulatory functions like regulating stock exchanges and intermediaries, prohibiting unfair trade practices, and promoting investor education. SEBI has powers to regulate listings, inspect stock exchanges and intermediaries, and enforce conduct rules. Guidelines are provided for public issues regarding prospectus disclosures, minimum subscription levels, and allotment procedures. Secondary market guidelines cover stock exchanges, FIIs, rights issues, and measures for investor protection.
The document provides an overview of developments in the Indian securities market between 2009-2012. It summarizes key trends in various segments of the market like the primary market, mutual funds, stock exchanges, debt market, and derivatives. It also discusses policy changes and regulatory developments introduced by SEBI to improve market operations and encourage participation. The slowdown in growth post the 2008 global financial crisis and high inflation impacted the performance of the market.
I gave a presentation to college students taking an interactive media program. The students were interested in hearing about my career path starting from when I attended college to now working as a Software Engineer Manager at Netflix. In the presentation, I also share advice I have for continuing to learn and grow as an engineer.
We cannot reduce market risks or systematic risks but we can have a measure of these risks with the help of beta.
With the help of beta we can approximately tell how much a particular stock will move if we know how much the whole stock market is going to move.
Biodata format for marriage word 6 95 - 97 - 2003 Shamim Ahmed
This document contains biodata including personal details such as name, date of birth, height, complexion, education, occupation, and family details such as father's name and occupation, mother's name and occupation, brother's name and marital status and occupation, sister's name and occupation, and brother in law's name and occupation. It also includes contact information such as address and phone number.
This document discusses the role and responsibilities of a professional software engineer. It covers topics like agile methodologies, software craftsmanship principles, test-driven development, architecture, design patterns, and resources for further learning. The document is presented by Everyware Technologies, a consulting, training and development company focused on helping engineers improve their skills and practices.
The document discusses Amazon's early business models and strategies. It describes how Amazon started as an online bookstore in 1995 and then expanded into other product categories like music and videos. It discusses Amazon's move to an online marketplace model in 2000 that allowed third-party sellers. The document also summarizes Jeff Bezos' solution in 1999 to focus on infrastructure services by leveraging Amazon's platform and capabilities to launch new businesses faster and at lower costs.
This document contains the biodata of Bhushan Dasharath Yoge. It summarizes his personal details like name, date of birth, address, education qualifications and languages known. It also provides details of his 13 years of work experience in various roles like sales, quality control, agronomy and as district coordinator for drip irrigation projects. His most recent role has been as an agriculture expert for Integrated Watershed Management Programme. He is applying for the role of sales executive with Organic Recycling Systems Private Limited based on his qualifications and relevant experience in sales, marketing, customer relationship management and business development.
New Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy VisaAmit Kakkar
Discover essential details about Thailand's recent visa policy changes, tailored for tourists and students. Amit Kakkar Easy Visa provides a comprehensive overview of new requirements, application processes, and tips to ensure a smooth transition for all travelers.
Confirmation of Payee (CoP) is a vital security measure adopted by financial institutions and payment service providers. Its core purpose is to confirm that the recipient’s name matches the information provided by the sender during a banking transaction, ensuring that funds are transferred to the correct payment account.
Confirmation of Payee was built to tackle the increasing numbers of APP Fraud and in the landscape of UK banking, the spectre of APP fraud looms large. In 2022, over £1.2 billion was stolen by fraudsters through authorised and unauthorised fraud, equivalent to more than £2,300 every minute. This statistic emphasises the urgent need for robust security measures like CoP. While over £1.2 billion was stolen through fraud in 2022, there was an eight per cent reduction compared to 2021 which highlights the positive outcomes obtained from the implementation of Confirmation of Payee. The number of fraud cases across the UK also decreased by four per cent to nearly three million cases during the same period; latest statistics from UK Finance.
In essence, Confirmation of Payee plays a pivotal role in digital banking, guaranteeing the flawless execution of banking transactions. It stands as a guardian against fraud and misallocation, demonstrating the commitment of financial institutions to safeguard their clients’ assets. The next time you engage in a banking transaction, remember the invaluable role of CoP in ensuring the security of your financial interests.
For more details, you can visit https://technoxander.com.
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
An accounting information system (AIS) refers to tools and systems designed for the collection and display of accounting information so accountants and executives can make informed decisions.
This document defines taxation and discusses concepts related to taxation. It defines taxation as the process by which a sovereign raises revenues through its laws to fund government expenses and promote citizen welfare. It discusses principles of taxation like benefit principle, ability-to-pay principle, and equal-distribution principle. It also outlines characteristics of a tax like being an enforced contribution levied by law for public purposes. The document emphasizes that a sound tax system needs fiscal adequacy, equality, administrative feasibility, and consistency with economic goals.
This document discusses interest rate risk for fixed income securities like bonds. It explains that bond prices and interest rates move in opposite directions, so when interest rates rise, bond prices fall. It also discusses different types of bonds and how their yields are calculated. Bond supply and demand determine bond prices and interest rates in the market. Factors like expected inflation, economic growth, and monetary policy can cause these supply and demand curves to shift, changing equilibrium interest rates.
Investment environment - International Business - Manu Melwin Joymanumelwin
The document discusses different classifications of investment environments including narrow/broad, macro/micro, and hard/soft environments. It also outlines key elements that comprise the investment environment such as natural resources, economic status, political/legal status, and social/cultural status. Specifically, it examines factors within each element like geographical, demographic, and climatic natural resources; levels of economic development and infrastructure; and aspects of political stability, foreign relations, and legal systems.
The document provides an overview of the structure and components of the Indian money market and capital market. It discusses the various sectors that make up the money market such as organized, unorganized, cooperative, and organized sectors. It then describes the various financial institutions that operate in the money market such as RBI, public sector banks, private sector banks, foreign banks, non-scheduled banks, scheduled banks, development banks, and DFHI. It also outlines some drawbacks of the Indian money market including a lack of integration, multiple interest rates, insufficient funds, shortage of investment instruments, and lack of an organized banking system. Finally, it discusses key aspects of the primary and secondary capital markets in India.
This document describes Masaki Nakagawa's role as a Software Engineer in Test (SWET) at DeNA. It provides details about his background, responsibilities in developing test frameworks and automated tests, and approach to testing. As a SWET, he writes test code, builds test environments, and automates testing to improve developer productivity. He advocates for testing activities to be integrated with development and uses techniques like gray box testing to balance automated testing with readable, writable and maintainable test code.
This document discusses different types of investments and the investment environment. It defines investment in both economic and finance terms and outlines key concepts like direct vs indirect investment, equity vs debt investment, and short vs long term investment. The document also covers different types of securities like stocks, bonds, derivatives, and more high or low risk options. Overall, the document provides an overview of various investment vehicles and considerations within the investment environment.
Ad09a Role Of Sebi And Securities MarketGOEL'S WORLD
The document discusses the role of SEBI in regulating the securities market in India. It outlines various malpractices in the market like price manipulation and insider trading. It then describes SEBI's regulatory functions like regulating stock exchanges and intermediaries, prohibiting unfair trade practices, and promoting investor education. SEBI has powers to regulate listings, inspect stock exchanges and intermediaries, and enforce conduct rules. Guidelines are provided for public issues regarding prospectus disclosures, minimum subscription levels, and allotment procedures. Secondary market guidelines cover stock exchanges, FIIs, rights issues, and measures for investor protection.
The document provides an overview of developments in the Indian securities market between 2009-2012. It summarizes key trends in various segments of the market like the primary market, mutual funds, stock exchanges, debt market, and derivatives. It also discusses policy changes and regulatory developments introduced by SEBI to improve market operations and encourage participation. The slowdown in growth post the 2008 global financial crisis and high inflation impacted the performance of the market.
I gave a presentation to college students taking an interactive media program. The students were interested in hearing about my career path starting from when I attended college to now working as a Software Engineer Manager at Netflix. In the presentation, I also share advice I have for continuing to learn and grow as an engineer.
We cannot reduce market risks or systematic risks but we can have a measure of these risks with the help of beta.
With the help of beta we can approximately tell how much a particular stock will move if we know how much the whole stock market is going to move.
Biodata format for marriage word 6 95 - 97 - 2003 Shamim Ahmed
This document contains biodata including personal details such as name, date of birth, height, complexion, education, occupation, and family details such as father's name and occupation, mother's name and occupation, brother's name and marital status and occupation, sister's name and occupation, and brother in law's name and occupation. It also includes contact information such as address and phone number.
This document discusses the role and responsibilities of a professional software engineer. It covers topics like agile methodologies, software craftsmanship principles, test-driven development, architecture, design patterns, and resources for further learning. The document is presented by Everyware Technologies, a consulting, training and development company focused on helping engineers improve their skills and practices.
The document discusses Amazon's early business models and strategies. It describes how Amazon started as an online bookstore in 1995 and then expanded into other product categories like music and videos. It discusses Amazon's move to an online marketplace model in 2000 that allowed third-party sellers. The document also summarizes Jeff Bezos' solution in 1999 to focus on infrastructure services by leveraging Amazon's platform and capabilities to launch new businesses faster and at lower costs.
This document contains the biodata of Bhushan Dasharath Yoge. It summarizes his personal details like name, date of birth, address, education qualifications and languages known. It also provides details of his 13 years of work experience in various roles like sales, quality control, agronomy and as district coordinator for drip irrigation projects. His most recent role has been as an agriculture expert for Integrated Watershed Management Programme. He is applying for the role of sales executive with Organic Recycling Systems Private Limited based on his qualifications and relevant experience in sales, marketing, customer relationship management and business development.
New Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy VisaAmit Kakkar
Discover essential details about Thailand's recent visa policy changes, tailored for tourists and students. Amit Kakkar Easy Visa provides a comprehensive overview of new requirements, application processes, and tips to ensure a smooth transition for all travelers.
Confirmation of Payee (CoP) is a vital security measure adopted by financial institutions and payment service providers. Its core purpose is to confirm that the recipient’s name matches the information provided by the sender during a banking transaction, ensuring that funds are transferred to the correct payment account.
Confirmation of Payee was built to tackle the increasing numbers of APP Fraud and in the landscape of UK banking, the spectre of APP fraud looms large. In 2022, over £1.2 billion was stolen by fraudsters through authorised and unauthorised fraud, equivalent to more than £2,300 every minute. This statistic emphasises the urgent need for robust security measures like CoP. While over £1.2 billion was stolen through fraud in 2022, there was an eight per cent reduction compared to 2021 which highlights the positive outcomes obtained from the implementation of Confirmation of Payee. The number of fraud cases across the UK also decreased by four per cent to nearly three million cases during the same period; latest statistics from UK Finance.
In essence, Confirmation of Payee plays a pivotal role in digital banking, guaranteeing the flawless execution of banking transactions. It stands as a guardian against fraud and misallocation, demonstrating the commitment of financial institutions to safeguard their clients’ assets. The next time you engage in a banking transaction, remember the invaluable role of CoP in ensuring the security of your financial interests.
For more details, you can visit https://technoxander.com.
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
An accounting information system (AIS) refers to tools and systems designed for the collection and display of accounting information so accountants and executives can make informed decisions.
Optimizing Net Interest Margin (NIM) in the Financial Sector (With Examples).pdfshruti1menon2
NIM is calculated as the difference between interest income earned and interest expenses paid, divided by interest-earning assets.
Importance: NIM serves as a critical measure of a financial institution's profitability and operational efficiency. It reflects how effectively the institution is utilizing its interest-earning assets to generate income while managing interest costs.
Dr. Alyce Su Cover Story - China's Investment Leadermsthrill
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
The Rise and Fall of Ponzi Schemes in America.pptxDiana Rose
Ponzi schemes, a notorious form of financial fraud, have plagued America’s investment landscape for decades. Named after Charles Ponzi, who orchestrated one of the most infamous schemes in the early 20th century, these fraudulent operations promise high returns with little or no risk, only to collapse and leave investors with significant losses. This article explores the nature of Ponzi schemes, notable cases in American history, their impact on victims, and measures to prevent falling prey to such scams.
Understanding Ponzi Schemes
A Ponzi scheme is an investment scam where returns are paid to earlier investors using the capital from newer investors, rather than from legitimate profit earned. The scheme relies on a constant influx of new investments to continue paying the promised returns. Eventually, when the flow of new money slows down or stops, the scheme collapses, leaving the majority of investors with substantial financial losses.
Historical Context: Charles Ponzi and His Legacy
Charles Ponzi is the namesake of this deceptive practice. In the 1920s, Ponzi promised investors in Boston a 50% return within 45 days or 100% return in 90 days through arbitrage of international reply coupons. Initially, he paid returns as promised, not from profits, but from the investments of new participants. When his scheme unraveled, it resulted in losses exceeding $20 million (equivalent to about $270 million today).
Notable American Ponzi Schemes
1. Bernie Madoff: Perhaps the most notorious Ponzi scheme in recent history, Bernie Madoff’s fraud involved $65 billion. Madoff, a well-respected figure in the financial industry, promised steady, high returns through a secretive investment strategy. His scheme lasted for decades before collapsing in 2008, devastating thousands of investors, including individuals, charities, and institutional clients.
2. Allen Stanford: Through his company, Stanford Financial Group, Allen Stanford orchestrated a $7 billion Ponzi scheme, luring investors with fraudulent certificates of deposit issued by his offshore bank. Stanford promised high returns and lavish lifestyle benefits to his investors, which ultimately led to a 110-year prison sentence for the financier in 2012.
3. Tom Petters: In a scheme that lasted more than a decade, Tom Petters ran a $3.65 billion Ponzi scheme, using his company, Petters Group Worldwide. He claimed to buy and sell consumer electronics, but in reality, he used new investments to pay off old debts and fund his extravagant lifestyle. Petters was convicted in 2009 and sentenced to 50 years in prison.
4. Eric Dalius and Saivian: Eric Dalius, a prominent figure behind Saivian, a cashback program promising high returns, is under scrutiny for allegedly orchestrating a Ponzi scheme. Saivian enticed investors with promises of up to 20% cash back on everyday purchases. However, investigations suggest that the returns were paid using new investments rather than legitimate profits. The collapse of Saivian l
Vicinity Jobs’ data includes more than three million 2023 OJPs and thousands of skills. Most skills appear in less than 0.02% of job postings, so most postings rely on a small subset of commonly used terms, like teamwork.
Laura Adkins-Hackett, Economist, LMIC, and Sukriti Trehan, Data Scientist, LMIC, presented their research exploring trends in the skills listed in OJPs to develop a deeper understanding of in-demand skills. This research project uses pointwise mutual information and other methods to extract more information about common skills from the relationships between skills, occupations and regions.
University of North Carolina at Charlotte degree offer diploma Transcripttscdzuip
办理美国UNCC毕业证书制作北卡大学夏洛特分校假文凭定制Q微168899991做UNCC留信网教留服认证海牙认证改UNCC成绩单GPA做UNCC假学位证假文凭高仿毕业证GRE代考如何申请北卡罗莱纳大学夏洛特分校University of North Carolina at Charlotte degree offer diploma Transcript
KYC Compliance: A Cornerstone of Global Crypto Regulatory FrameworksAny kyc Account
This presentation explores the pivotal role of KYC compliance in shaping and enforcing global regulations within the dynamic landscape of cryptocurrencies. Dive into the intricate connection between KYC practices and the evolving legal frameworks governing the crypto industry.
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck mari...Donc Test
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
The Impact of Generative AI and 4th Industrial RevolutionPaolo Maresca
This infographic explores the transformative power of Generative AI, a key driver of the 4th Industrial Revolution. Discover how Generative AI is revolutionizing industries, accelerating innovation, and shaping the future of work.
1. The Indian Security Market
…A Giant in Making
19 th November, 2009 research@kredent.com
CERTIFIED CAPITAL MARKET PROFESSIONAL
2. We have had a long history of attacks but yet
anything concrete is to be done…
India Terrorist Attacks
Attack on Red Fort umbai Train Attacks
M
Attack on Kashmir Serial blasts in M umbai
assembly
Serial Blasts in M umbai M umbai 26/1Attacks
1
Indian Parliament attacked
1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010
Plane Hijacked M umbai Train Attacks
Attack in Varanasi
Attack in Akshardham
Serial blasts in Coimbatore
Temple Attack in Delhi
Attack in Ayodha
research@kredent.com
CERTIFIED CAPITAL MARKET PROFESSIONAL
3. However the government is taking
notice…
In December 2009 India will take center-stage globally, on security issues, with the
commencement of the first ever “Global Security Conference” to be held in the
country
“Automated Surveillance” will be launched at IFSEC India 09
“Gujarat plans 111 (QRT’s) Quick Response Teams to tackle Terror”
P Chidambaram urges police chiefs to “think-out-of-the-box”
“Chidambaram to create an IT enabled security system much on the lines of the US to
secure the country from terrorist attacks”
Making crime and criminal Tracking Network and Systems (CCTNS) and the National
Intelligence Grid (NATGRID) on the steps of FBI
“Government plans 20 anti-terror schools”
As a result of Mumbai terror attacks Home Minister P. Chidambaram announced to
set up four hubs of National Security Guards (NSG)
Delhi Police Commissioner announced a budget of Rs 380 crores for implementing
the integrated security systems project for the Commonwealth Games
research@kredent.com
CERTIFIED CAPITAL MARKET PROFESSIONAL
4. Budgetary allocation on defence has
been on an increase
DEFENCE ALLOCATION
160.0
Amt in Rs. Thousand
140.0
120.0
100.0
Crore
80.0
60.0
40.0
20.0
0.0 5
9
0
4
1
2
3
6
7
8
-0
-0
-0
-0
-0
-0
-1
-0
-0
-0
00
04
08
09
01
03
05
06
02
07
20
20
20
20
20
20
20
20
20
20
Year
research@kredent.com
CERTIFIED CAPITAL MARKET PROFESSIONAL
5. India Inc. taking notice….
On 1st August 2009 Infosys became the first private firm to receive Central
Industrial Security Force (CISF) at a cost of Rs 2.6 cr per year which it will spend
just on its Bangalore facility
R. K. Mishra, Inspector General, CISF, said: “This is the first time since its creation
in 1969 that the CISF will be providing security cover to a corporate organisation in
India.” The agency is “pleased and proud to be entrusted with the responsibility of
security at Infosys.”
CISF has 79 pending security requests from private establishments. These include:
Reliance Jamnagar Refinery, Wipro, Taj Hotel (Mumbai), Trident Hotels (eight
locations), Hotel Marriott (Mumbai), Delhi Public School (three branches in Delhi),
Jaypee Group of Hotels (eight hotels) and Torrent Powers (Ahmedabad)
This in itself shows that enough is enough and now India Inc. does means business
research@kredent.com
CERTIFIED CAPITAL MARKET PROFESSIONAL
6. Making sure that we protect growing
India…
The number of airports is expected to jump from the current number of 85 to 400 in the next 10
years as quoted by Praful Patel (Ministry of Civil Aviation)
India has 6856 railway stations with 8702 passenger trains carrying 14 million passengers
Under the Federation of Hotel & Restaurant Associations of India there are 2052 hotels and 1016
restaurants
Hotel industry is also inextricably linked to the tourism industry and its growth has added fillip to the
hotel industry. Moreover with Conde Nast Traveller ranking India as the fourth most preferred travel
destination and Lonely Planet selecting the country among the top five destinations from 167
countries, India has finally made its mark on the world travel map
The hospitality sector is expected to rise to US$ 275 billion in the next 10 years. The domestic
hospitality sector is expected to see investments of over US$ 11 billion in the next two years within
40 international hotel brands making their presence in the country in the next few years
It shouldn’t be hard to realise that the way we perceive security today has to change, as we have to
change our mindsets from traditional personnel, to technology enabled security system. Old
methods wont stand good in the future because terrorist’s and criminal’s are changing but are we?
Source: India Brand Equity Foundation research@kredent.com
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7. Still increasing crime rates are denting
development….
India as a developing country and when we talk about us getting into the elite
league of the developed countries what we talk about is industrial growth,
increasing income, improving health standards
Even the Human Development Index (HDI) does not constitute national security as
a component which is shocking considering what is the use of development when
we cant offer basic security to the citizens
It is more an irony that Iceland which ranks 3rd in the world in (HDI) also tops the
charts for the highest reported crime rates along with Norway which tops the (HDI)
charts also comes fifth in the world when it comes to crimes taking place
The question then arises that are we actually developing because these reports
signify that the faster a country grows the faster grows its crime rates
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8. …because the traditional methods of
security are not advanced enough
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9. ..and technology scores over manned security
because CCTV’s don’t sleep and nor can they
be bribed…..
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10. ….thus the demand for advanced
security products is on a rise..
With the introduction of technology every field
has changed and so has the way we percieve
security.
Guards have been replaced by CCTV’s,
motion sensors and new age devices which
have taken over from traditional methods of
security
Now we see cameras installed at every
strategic locations in the country
The corporates are taking their own measures
in adopting technologically advanced methods
of security
Technological breakthrough has made it
possible to decrease costs which have led to
an increase in demand for these products
Price sensitivity has been an issue which has
been addressed as security is now a key cause
of concern
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11. ..because all the companies need security so
we are investing in a recession proof industry
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12. Thus we can see that this industry will
never cease to exist….
Over the last 60 years of independence, sharing borders with countries that give birth to and
nurture terrorism, countless reports of insurgencies, shortfall of manpower has made it
inevitable that these activities would not subside in the future.
Terrorist attacks, be it in whatever form or even technological hazards not only results in
catastrophic losses in terms of human casualties, property destruction, and economic effects,
but also results in profound damage to public morale and confidence.
Security concerns have risen to alarming levels as terrorism and unseen dangers lurking
around cause huge damage to human life and intellectual property. To safeguard against
these hi-tech attacks and intrusions we need equally sophisticated security device
Technology over the years has revolutionized the way people generally perceive security.
The only hurdle in the deployment of these seemingly fool-proof security measures is
people’s acceptance
Compared to the prohibitive 250% Import Customs Duty of the 80’s, the current
rate of 35% is also be considered as growth driver for the industry
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13. … and has a bright future ahead
Indian security market is estimated at around US $ 1 billion for 2009 and the major sector will be
airports, mass transport and maritime. The market is estimated to be US $9.7 billion by 2016
The Indian electronic security market is growing at 23 percent CAGR with potential to grow at 40%
According to Nigel Luke Brown, project director of United Business Media, growth of security
products in India has boosted in wake of the upcoming Commonwealth Games, surge in the retail
and hotel segments, the growing infrastructure and a remarkable growth in metros
Organized players comprise only 20 per cent of the market but account for 80 per cent of the
revenue, shows that a large part of the market is still untapped by the organized lot and which
shows the potential the market can generate
Today our country is on a road to development and that means starting of many critical energy
ventures which will go a long way into developing our national security
The present security situation portrays a grim picture and these assets need to be de-risked and
safe guarded if our future needs to be secured
Thus we believe that companies in this segment will go a long way because of ever increasing
opportunities in the sector
Source: Frost & Sullivan, Company Report research@kredent.com
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14. Companies Section
Zicom : : Buy
Honeywell Automation India Limited : Hold
Given the fact that because of the rise in global equity markets the prices of the
mentioned stocks have already gone up by an average of 150% in last 6 months, one
can make an initial small investment and then add on dips. The SIP form of
investment is also a feasible form of investment
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15. Zicom Ltd. (1/3)
Investment Rationale:
Zicom has acquired 49% stake in Unisafe, one of the most reputed Fire Protection Companies in
UAE and has set up a subsidiary in Hong Kong, which will promote international marketing & sale of
Zicom branded products and mark its foray into the international market and help it in using the
opportunities abroad
The company has got extremely strong clientele base which includes organizations like Mumbai
airport, Jet airways, ABN Amro Bank, Hdfc bank Ltd, Standard Chartered Bank, Consulate General
of Netherlands, Kolkata Metro rail, Western Railway to name a few
The company has witnessed its sales increasing with a CAGR of 71% over the last 3 years
The company being in a high growth segment is trading at a TTM P/E multiple of 5.58 and P/BV of
0.97 of which is low considered its peer Honeywell trades at a P/E of over 20 and P/BV of almost 6
Risks:
The company being a leader and the first entrant in retail business from an organized sector, it needs
to bear the brunt of creating awareness by spending on advertisements and sales promotions
The fact that the promoter group have a holding of only 18.38% of which almost 50% of the shares
are pledged is a matter of concern for the company
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16. Zicom Ltd. (2/3)
Key Metrics as on 18th November,2009 Key Products
OVERVIEW
Listing NSE/BSE
• Home Alert System
Business Description • i-Alert Service
Current Price (Rs) 102.3
• Video Door Phones
• Zicom electronic security system which provides Market Cap (Rs Cr) 123.12 • CCTV Surveillance
both home security and external electronic security • Fingerprint Locks
systems is a pioneer in this sector in India. Free Float (%) 81.65 % • i-Safe Products
• Since its inception in 1995, Zicom has established 52-WEEK HIGH (Rs) 118.30
itself as an integrated electronic security solutions
52-WEEK LOW (Rs) 43.35
provider in the governmental, industrial and retail
segments in India through its comprehensive .58
product and solution portfolio.
BETA
Key Management
P/B (x) 1.02
Current P/E (x) 6.62 • Manohar Bidaye (Chairman)
PEG Ratio 0.02 • Pramod Rao (Managing Director)
Dividend Yield (%) .72 • Dimple Mehta (Company Secretary)
Shareholder Pattern (%) as on 30th June,2009 Price Performance(%)ason18thNovember 2009 •Mukul Desai (Director)
PROMOTER 18.35 Period Stock S&P CNX •Hemendra Paliwal (CFO)
FII 4.73 NIFTY
DII 9.44 1M -2.11% -1.69
Corporate Bodies
3M 16.58% 15.2%
Public 39.7
1 Year 83.53% 80.5%
Others 27.78
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17. Zicom Ltd. (3/3)
Financials (Annual):
Financial Analysis:
Key Ratios (%) 2006 2007 2008 2009 • The company posted sales of Rs 375.75 cr
up 29.45% over the previous year. Sales
Sales 75.08 154.58 290.26 375.75 witnessed a CAGR of almost 71% over the
Growth (%) - 105.89 87.77 29.45 last 3 years
EBIDTA 10.11 15.95 17.35 50.53 • EBITDA of the company increased by 194%
EBIDTA Margins (%) 13.47 10.32 5.98 13.45 over the previous year and stood at Rs
50.53 cr in FY09
Net Profit 6.18 7.39 1.49 19.60
Net Profit Margin (%) 8.05 4.67 0.56 5.25 • EBITDA margins increased by 747 bps in
FY09 standing at 13.45% in FY09 while PAT
EPS 6.20 7.4 1.42 15.43 margins increased by 475 bps standing at
BVPS 41.86 63.76 96.34 99.81 5.25% in FY09
ROE (%) 29.64 13.73 1.95 17.20 • ROCE in FY09 stands at 12.7 deteriorating
ROCE (%) 6.8 6.2 31.6 12.7 over the previous year figure of 31.6
because of significant increase in capital
Debt-Equity 1.45 0.90 0.6 1.31 employed which has not generated returns
Interest Coverage 6.14 11.15 1.01 2.43 as anticipated
Financials (Quarterly): • The ROE has decreased over the years
signifying lower returns being generated by
Key Ratios (%) Dec-08 Mar-09 Jun-09 Sep-09 the company for its equity shareholders
because of equity dilution
Sales Growth (y-o-y) 138.43 110.54 26.21 45.51
Net Profit Margin 8.87 5.95 4.17 5.76 • The company has added to its debt
component significantly and its debt equity
EBITDA Margin 15.93 14.64 14.32 13.56 ratio stands at 1.31 in FY09 which has led to
EPS 3.15 4.87 3.45 5.85 a poor interest coverage ratio of 2.43 in
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18. Honeywell Automation India Ltd. (1/3)
Investment Rationale:
The Company has a well-diversified clientele base, catering to HPCL, IOCL, BPCL, L&T, Tata Power, ACC, JSW
Steel, ONGC, Hindustan Zinc, ITC, TCS and Tech Mahindra and along with it the company has won major
contracts at Delhi Airport, Hyderabad Airport, Delhi Metro Ventilation Control
The company has a current order book of Rs 680 cr as on Q1FY09 with over 35% market share
The company has maintained ROCE in excess of 25% over the last 3 years and with a debt equity ratio of .02 it
has a strong balance sheet with the potential of leveraging it in future
Risks:
The company trades at a PE multiple of 21.56 which makes the stock expensive to enter into the current market
situation
The company has not generated much return for its shareholders and it being a subsidiary of a foreign company
raises issue of creating value for its shareholders
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19. Honeywell Automation India Ltd. (2/3)
Key Metrics as on 18th Novembert,2009 Key Products
OVERVIEW
Listing NSE/BSE
• Automation & Control Solutions
Business Description
Current Price (Rs) 2084
• Security Solutions
•Honeywell Automation India Ltd. (HAIL) is a leading Market Cap (Rs Cr) 1842.57
provider of integrated automation and software • Thermostats & Solar water heaters
solutions that improve productivity, enhancing comfort Free Float (%) 18.76 %
and ensuring the safety and security of your homes
and business premises 52-WEEK HIGH (Rs) 2150
52-WEEK LOW (Rs) 652
•, HAIL is headquartered in Pune with 8 offices all
over India. HAIL is a listed company on the Indian 0.37
Stock Exchange and is part of Honeywell Inc. the
BETA
Key Management
technology leader with 120000 employees across 100 P/B (x) 5.82
countries world wide.
22.51 • Mr. M N Bhagwat (Chairman &
Current P/E (x) Independent Director)
•Set up in 1987 as a joint venture between TATA
group and Honeywell the joint venture ended, with PEG Ratio 0.63
Honeywell buying out the entire TATA stake in 2004 • Mr. S S Tedjarati (Director)
Dividend Yield (%) -
• Mr. N. L. Gilsdorf (Director)
Shareholder Pattern (%) as on 30th June,2009 Price Performance(%)as on 18thNovember 2009
• Mr. G. F. Willis (Director)
PROMOTER 81.24 Period Stock S&P CNX • Mr. S. L. Rao (Independent
FII 0.17 NIFTY Director)
DII 4.1 • Mr. V. M. Kapur (Managing
1M 9.6% -1.69 Director)
Corporate Bodies 1.53
3M 36.14% 15.2% • Ms. Sneha Padve (Company
Public 11.64 Secretary)
1 Year 161.24% 80.5%
Others 2.84
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20. Honeywell Automation India Ltd. (3/3)
Financials (Annual):
Financial Analysis:
Key Ratios (%) 2005 2006 2007 2008
• The company posted sales of Rs 962.55 cr
Sales 493 643.95 868.36 962.55 up 10.85% over the previous year. Sales
Growth (%) 82.67 30.62 34.84 10.85 witnessed a CAGR of almost 25% over the
last 3 years
EBIDTA 50.5 85.84 101.1 115.09
• The company has maintained its EBITDA
EBIDTA Margins (%) 10.26 13.33 11.65 11.96 margins over the last years and in FY08 it
Net Profit 34.08 58.01 65.08 81.85 stood at 11.95%
Net Profit Margin (%) 6.89 8.95 7.47 8.40
• PAT margins have also remained at the
EPS 38.55 65.61 73.62 92.58 same level registering a 100bps increase in
FY08 and stood at 8.4%
BV 149.29 217.68 265.05 357.63
ROE (%) 19.84 23.71 19.18 15.76 • The ROCE of the company shows that it
ROCE (%) 20.81 28.46 27.40 24.60 provides significant value to its shareholders
over its capital employed.
OCF Growth 352.91 41.9 17.54 1.89
Debt-Equity 0.21 0.05 0.03 0.02 • The ROE has decreased over the years
signifying lower returns being generated by
Interest Coverage 11.28 34.87 42.06 148.01
the company for its equity shareholders
Financials (Quarterly):
• The solvency ratio remains very good
Key Ratios (%) Dec-08 Mar-09 Jun-09 Sep-09 signifying that the company is in a good
financial position
EBIT Margin 12 16 16 17
Net Profit Margin 7.43 8.89 9.22 11.47 • The company witnessed a decrease in cash
levels and that money was blocked in
Sales Growth (y-o-y) -5.27 3.15 -1.05 16.57 inventory thus generating poor returns
Profit Growth (y-o-y) 41.52 173.5 79.1 24.84
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