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Ford India plans to export the Figo hatchback to 48 new countries in Africa, South America, Mexico, and the United Arab Emirates next year. SEBI doubled the limit for maximum investment by individual investors in public issues from Rs 1 lakh to Rs 2 lakhs. Bajaj Auto increased its stake in KTM Power Sports to 38.09% by purchasing additional shares of the company. Microfinance companies agreed to reduce interest rates charged to borrowers to 24% from as high as 34% in Andhra Pradesh. Fortis Healthcare plans to invest around Rs 650 crore to open 7-8 new hospitals in India over the next 18 months and will consider acquisition opportunities.
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Mergers & acquisitions in india(1)
The document provides an overview of Nishith Desai Associates, an international law firm with offices in India and abroad. It details the firm's core practice areas including mergers and acquisitions, competition law, taxation, and others. It also lists various awards and recognitions received by the firm and its founders. The firm focuses on providing strategic legal and regulatory advice to multinational and domestic clients, especially in sectors like technology, media, telecom and others.
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Foreign institutional investment in India has grown significantly in recent years, with India attracting the highest foreign investment among emerging economies in 2014. The Reserve Bank of India regulates foreign investment through portfolio investment schemes that allow foreign institutional investors (FIIs), non-resident Indians (NRIs), and persons of Indian origin (PIOs) to invest in primary and secondary capital markets. There are ceilings on overall investment by each group and investments are monitored daily to ensure ceilings are not breached, with approval required if cut-off limits are reached. While strong foreign inflows have benefited India, a sudden reversal could crash stock markets.
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Merger-Mahindra Bank & ING Vysya Bank
Yes, I think the merger between Kotak Mahindra Bank and ING Vysya Bank would help the Indian banking industry for the following reasons:
1. It leads to consolidation in the banking sector by reducing the number of players. This helps strengthen the overall banking system by creating larger and more robust banks that are better able to withstand financial shocks.
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3. Consolidation through mergers reduces unnecessary competition and helps banks improve their operational efficiencies through economies of scale. This can help lower costs and improve profitability over the
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Mergers & acquisitions in india(1)
The document provides an overview of Nishith Desai Associates, an international law firm with offices in India and abroad. It details the firm's core practice areas including mergers and acquisitions, competition law, taxation, and others. It also lists various awards and recognitions received by the firm and its founders. The firm focuses on providing strategic legal and regulatory advice to multinational and domestic clients, especially in sectors like technology, media, telecom and others.
Foreign institutional investment in india
Foreign institutional investment in India has grown significantly in recent years, with India attracting the highest foreign investment among emerging economies in 2014. The Reserve Bank of India regulates foreign investment through portfolio investment schemes that allow foreign institutional investors (FIIs), non-resident Indians (NRIs), and persons of Indian origin (PIOs) to invest in primary and secondary capital markets. There are ceilings on overall investment by each group and investments are monitored daily to ensure ceilings are not breached, with approval required if cut-off limits are reached. While strong foreign inflows have benefited India, a sudden reversal could crash stock markets.
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Merger-Mahindra Bank & ING Vysya Bank
Yes, I think the merger between Kotak Mahindra Bank and ING Vysya Bank would help the Indian banking industry for the following reasons:
1. It leads to consolidation in the banking sector by reducing the number of players. This helps strengthen the overall banking system by creating larger and more robust banks that are better able to withstand financial shocks.
2. The combined entity gains significant synergies from an expanded branch network, larger customer base, and greater resources. This allows it to offer more products and services to more customers across India.
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News file.2
Coal India had a successful initial public offering, with its stock price rising over 32% on the first day of trading. However, some analysts predict the gains may be difficult to sustain as speculators who borrowed money to invest may look to sell for a profit. Retail investors and others may look to buy dips in the stock price for long term investment in the company given its near monopoly in the Indian coal market. The US is expected to push for greater access to the Indian market during President Obama's visit, including further foreign direct investment reforms in retail and financial services to allow US companies to better access the consumer market in India.
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This document discusses inbound cross-border mergers and acquisitions (M&As) in India and how they are regulated under the Foreign Exchange Management Act (FEMA). It notes that FEMA and related regulations govern foreign investment in India and allow non-residents to purchase shares of Indian companies under the Foreign Direct Investment Scheme. It also discusses rules for rights issues, share transfers, and M&As involving share issuances to non-resident shareholders under FEMA. Inbound M&As are an important type of foreign investment in India that FEMA aims to facilitate while regulating cross-border financial flows.
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foreign direct investment
FDI in the Indian insurance sector has grown significantly over time. Major private insurers like ICICI Prudential and HDFC Standard Life saw increasing capitalization from foreign partners Prudential and Standard Life. HDFC Standard Life had the highest foreign capitalization. Allowing 49% FDI in insurance was expected to boost product innovation, claims processing, distribution, and address challenges through higher capitalization. The insurance industry remains very capital intensive, and increased FDI was hoped to further economic development through long-term infrastructure funding and strengthening India's risk profile.
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Ford India plans to export the Figo hatchback to 48 new countries in Africa, South America, Mexico, and the United Arab Emirates next year. SEBI has doubled the limit for maximum investment applications by individual investors in public issues from Rs 1 lakh to Rs 2 lakhs. Bajaj Auto's subsidiary in the Netherlands increased its stake in KTM Power Sports to 38.09% by purchasing additional shares. Microfinance companies have agreed to reduce interest rates charged to borrowers to 24% from as high as 34% previously in Andhra Pradesh. Fortis Healthcare plans to invest around Rs 650 crore over 18 months to open 7-8 new hospitals and pursue acquisition opportunities in India.
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Weekly News
Ford India plans to export the Figo hatchback to 48 new markets in North Africa, South America, Mexico, and the United Arab Emirates next year. SEBI has doubled the limit for maximum investment applications by individual investors in public issues from Rs 1 lakh to Rs 2 lakhs. Bajaj Auto's subsidiary in the Netherlands increased its stake in KTM Power Sports to 38.09% by purchasing additional shares. Microfinance companies have agreed to reduce interest rates charged to borrowers to 24% from as high as 34% previously in Andhra Pradesh. Fortis Healthcare plans to invest around Rs 650 crore over 18 months to open 7-8 new hospitals and pursue acquisition opportunities in India.
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Hero Honda launched a special edition Passion Pro motorcycle to commemorate the 2010 Commonwealth Games, featuring graphics inspired by the colors of the Games. Fiat launched two new variants of its Linea sedan, the T-Jet and T-Jet Plus, priced between Rs. 8.55-8.99 lakh, with more powerful engines and new features. Bharti Airtel selected Ericsson and Huawei to expand and manage its mobile network in Bangladesh, with Ericsson handling most capacity and Huawei providing services in eastern areas.
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Ford India plans to export the Figo hatchback to 48 new markets in North Africa, South America, Mexico, and the United Arab Emirates next year. SEBI has doubled the limit for maximum investment applications by individual investors in public issues from Rs 1 lakh to Rs 2 lakhs. Bajaj Auto's subsidiary in the Netherlands increased its stake in KTM Power Sports to 38.09% by purchasing additional shares. Microfinance companies have agreed to reduce interest rates charged to borrowers to 24% from as high as 34% previously in Andhra Pradesh. Fortis Healthcare plans to invest around Rs 650 crore over 18 months to open 7-8 new hospitals and pursue acquisition opportunities in India.
Bramma july 2nd week news
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This document discusses ailing public sector undertakings (PSUs) in India. It outlines the categories of PSUs, names some major companies, and discusses investments and progress. It also covers the roles and challenges of PSUs, defines sick units, and outlines revival schemes. The document discusses policies around disinvestment of PSUs and names some companies that were disinvested. It provides opinions from experts on closing or selling sick PSUs. In conclusion, it states that government employees are not terminated for poor work and skills and strategies are not updated in sick PSUs.
Financial analysis of mahindra
This document provides an analysis of Mahindra and Mahindra Ltd. for the years 2011-12 and 2012-13. It includes an introduction to the company's history and operations in various industries. The document then analyzes the company's financial performance through ratio analysis and discusses key revenue generators, growth drivers, accounting policies, financial health, major expense items, and cash flow statement analysis. It aims to give an overview of Mahindra and Mahindra Ltd.'s financial performance and position over the two-year period.
Article - CA Journal - Dec 2015
The document discusses foreign direct investment in India, including key facts and ways for foreign companies to set up business in India. It outlines the main entry routes of forming a corporate entity like a wholly owned subsidiary or limited liability partnership. Setting up a wholly owned subsidiary requires compliance with Company Law and FEMA regulations, and involves obtaining necessary approvals, reserving the company name, drafting legal documents, and making statutory filings. A limited liability partnership is a suitable lower-cost option for small businesses and involves similar registration procedures with applicable authorities in India.
Sebi(lodr) obligations on listing of specified securitites-part iv
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News file.2
Coal India had a successful initial public offering, with its stock price rising over 32% on the first day of trading. However, some analysts predict the gains may be difficult to sustain as speculators who borrowed money to invest may look to sell for a profit. Retail investors and others may look to buy dips in the stock price for long term investment in the company given its near monopoly in the Indian coal market. The US is expected to push for greater access to the Indian market during President Obama's visit, including further foreign direct investment reforms in retail and financial services to allow US companies to better access the consumer market in India.
Entry strategies for foreign companies
Foreign investors can enter the Indian market through various entry strategies including setting up a liaison office, branch office, project office, or incorporating a wholly-owned subsidiary or joint venture. A foreign company can choose to operate as an Indian company by forming a joint venture with an Indian partner or setting up a wholly-owned subsidiary. They can also operate as a foreign company by opening a liaison office, branch office, or project office, subject to RBI approval. Liaison offices are limited to representative functions while branch and project offices allow for additional commercial activities related to the foreign company's core business.
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The retail sector in India has significant potential for growth as organized retail has low penetration currently. While online retail is booming, led by Amazon, the industry faces threats from a lack of clarity on foreign investment policies and the new government's stance on FDI. However, economic revival and increasing consumption are expected to provide opportunities for domestic organized players. The outlook for the long-term growth of the retail sector remains positive.
Cross border merger and acquisitions in india with special reference to fema
This document discusses inbound cross-border mergers and acquisitions (M&As) in India and how they are regulated under the Foreign Exchange Management Act (FEMA). It notes that FEMA and related regulations govern foreign investment in India and allow non-residents to purchase shares of Indian companies under the Foreign Direct Investment Scheme. It also discusses rules for rights issues, share transfers, and M&As involving share issuances to non-resident shareholders under FEMA. Inbound M&As are an important type of foreign investment in India that FEMA aims to facilitate while regulating cross-border financial flows.
Fdi and its impact on pharmaceutical industry in india
FDI has increased in India's pharmaceutical industry since economic liberalization began in the 1990s. India allows up to 100% FDI in drugs and pharmaceuticals under an automatic route. The pharmaceutical industry attracts foreign investment due to India's skilled labor, established supply chains, and large domestic market. FDI inflows to the pharmaceutical sector have increased substantially, from $48.4 million in 2000 to over $9 billion by 2012, as India offers competitive production costs and the government further opened sectors to foreign investment.
foreign direct investment
FDI in the Indian insurance sector has grown significantly over time. Major private insurers like ICICI Prudential and HDFC Standard Life saw increasing capitalization from foreign partners Prudential and Standard Life. HDFC Standard Life had the highest foreign capitalization. Allowing 49% FDI in insurance was expected to boost product innovation, claims processing, distribution, and address challenges through higher capitalization. The insurance industry remains very capital intensive, and increased FDI was hoped to further economic development through long-term infrastructure funding and strengthening India's risk profile.
ipo's pakistan
Initial public offerings (IPOs) in Pakistan saw varying levels of activity between 2005-2014. In 2012, there were only 3 IPOs that raised a total of Rs. 500 million, significantly lower than the Rs. 4.8 billion raised in 2011. However, IPO activity increased in 2013 when 3 companies raised Rs. 4.2 billion after the change in government in May 2013. Upcoming IPOs in 2014 were expected to include Hascol Petroleum Limited, which planned to raise Rs. 1.4 billion for expanding operations.
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News
Ford India plans to export the Figo hatchback to 48 new countries in Africa, South America, Mexico, and the United Arab Emirates next year. SEBI has doubled the limit for maximum investment applications by individual investors in public issues from Rs 1 lakh to Rs 2 lakhs. Bajaj Auto's subsidiary in the Netherlands increased its stake in KTM Power Sports to 38.09% by purchasing additional shares. Microfinance companies have agreed to reduce interest rates charged to borrowers to 24% from as high as 34% previously in Andhra Pradesh. Fortis Healthcare plans to invest around Rs 650 crore over 18 months to open 7-8 new hospitals and pursue acquisition opportunities in India.
News
Etihad Airways is offering free visas for travel from three airports in India to Abu Dhabi as part of a promotion with TT Services. Jaguar Land Rover launched armored versions of the Range Rover and Discovery starting at Rs. 4.75 crore and Rs. 3.75 crore respectively, and are working to assemble Land Rover products in India. According to India Inc, the Reserve Bank of India may raise interest rates by 25 basis points, increasing the repo rate to 6.5% and reverse repo rate to 5.5%. Fiat plans to open exclusive brand stores in major Indian cities without involving Tata Motors, where they will display merchandise and serve Italian coffee in addition to vehicles
Weekly News
Ford India plans to export the Figo hatchback to 48 new markets in North Africa, South America, Mexico, and the United Arab Emirates next year. SEBI has doubled the limit for maximum investment applications by individual investors in public issues from Rs 1 lakh to Rs 2 lakhs. Bajaj Auto's subsidiary in the Netherlands increased its stake in KTM Power Sports to 38.09% by purchasing additional shares. Microfinance companies have agreed to reduce interest rates charged to borrowers to 24% from as high as 34% previously in Andhra Pradesh. Fortis Healthcare plans to invest around Rs 650 crore over 18 months to open 7-8 new hospitals and pursue acquisition opportunities in India.
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The document provides information about attractions in Johannesburg, South Africa. Some of the top attractions mentioned include the Apartheid Museum, Cradle of Humankind fossil sites, Gold Reef City theme park, Walter Sisulu National Botanical Garden, and various museums and theaters in the Newtown Cultural Precinct. The climate is described as having warm weather throughout the year with rainy summer months and sunny, mild winters.
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Hero Honda launched a special edition Passion Pro motorcycle to commemorate the 2010 Commonwealth Games, featuring graphics inspired by the colors of the Games. Fiat launched two new variants of its Linea sedan, the T-Jet and T-Jet Plus, priced between Rs. 8.55-8.99 lakh, with more powerful engines and new features. Bharti Airtel selected Ericsson and Huawei to expand and manage its mobile network in Bangladesh, with Ericsson handling most capacity and Huawei providing services in eastern areas.
News
Ford India plans to export the Figo hatchback to 48 new markets in North Africa, South America, Mexico, and the United Arab Emirates next year. SEBI has doubled the limit for maximum investment applications by individual investors in public issues from Rs 1 lakh to Rs 2 lakhs. Bajaj Auto's subsidiary in the Netherlands increased its stake in KTM Power Sports to 38.09% by purchasing additional shares. Microfinance companies have agreed to reduce interest rates charged to borrowers to 24% from as high as 34% previously in Andhra Pradesh. Fortis Healthcare plans to invest around Rs 650 crore over 18 months to open 7-8 new hospitals and pursue acquisition opportunities in India.
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Bharti Airtel will sell its mobile phone towers in Africa to Bharti Infratel for Rs. 15,000 crore. Bharti Infratel will raise funds to finance the deal by selling stakes to private equity funds, and will be 90% owned by Bharti Airtel. The sale comes as Bharti Airtel takes steps to replicate an outsourced tower business model in Africa and address its debt of Rs. 65,000 crore from borrowing and 3G expansion.
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Weekly newsletter
The document provides a summary of various business news stories:
- Piramal buys an additional stake in Vodafone India while Essar exits completely.
- India Homes, a property services startup, raises $4 million in funding with plans to raise another $6 million.
- SBI waives fees on loans to small and medium businesses guaranteed under a government credit guarantee scheme.
- Halcyon Finance acquires the management rights to a Delhi hospital for $77 million.
Foreign Direct investment in India
The document discusses several theories of foreign direct investment (FDI):
- The product life cycle theory states that firms invest abroad in the maturity phase to export products and maintain monopoly power.
- The eclectic theory suggests that FDI occurs when ownership, location, and internalization advantages uniquely combine for a firm.
- Internalization theory holds that firms use FDI to balance markets and capture earnings across borders.
It also outlines the main routes for FDI approval in India - the automatic route through the Reserve Bank of India for certain equity levels and sectors, and the FIPB and CCFI routes for cases requiring government approval. Key sectors and countries contributing major FDI inflows to India are also highlighted.
Full n final
The document discusses several mergers that have occurred in the Indian banking sector between 2004-2014. It provides details of four notable mergers:
1) In 2004, Global Trust Bank merged with Oriental Bank of Commerce. This increased OBC's branch network and allowed it to gain customers, but also lowered profits initially.
2) In 2008, Centurion Bank of Punjab merged with HDFC Bank. This expanded HDFC's network significantly but also came with challenges of integrating a bank with poorer asset quality.
3) In 2010, ICICI Bank merged with Bank of Rajasthan to strengthen its presence in northern and western India but had to address BOR's non-performing loans.
4) In
Weekly News 25th July 2022.pptx
After 19 years at HDFC Mutual Fund, star fund manager Prashant Jain has decided to quit. Jain oversaw assets of over Rs 4 trillion as CIO and directly managed about Rs 1 trillion in equity schemes. Foreign funds are showing signs of returning to Indian equities as declines in oil prices and the dollar bring relief. The Insurance Regulatory and Development Authority of India has modified guidelines to allow insurers more freedom in empanelling hospitals for cashless treatment. The markets regulator Sebi has proposed a separate framework for platforms providing execution-only services in direct plans offered by mutual funds.
Indian CA Firms: Gaining Momentum
The Indian profession of Chartered Accountants has in recent past faced a large number of challenges including aspersions on their integrity and independence arising out of certain large scale financial frauds and manipulation of financial statements by banks, investment banks and large companies outside India including companies like Satyam in India. The Institute of Chartered Accountants of India have severely punished those who were found guilty in various financial frauds and even removed certain chartered accountants found guilty for Satyam scam for their life from the membership of the Institute. Most of these corporate failures did not had any Indian origin CA firm as their Auditors.
Hero motocorp
Hero MotoCorp Ltd. is the largest motorcycle manufacturer in India. It was originally formed in 1984 as a joint venture between Hero Group and Honda Motor Company. In 2010, Honda ended the joint venture, leading Hero to become an independent company. Hero MotoCorp aims to achieve annual revenues of $10 billion and sales volumes of 10 million vehicles by 2016-17 by expanding exports and launching new products. It plans numerous investments to increase production capacity and develop new facilities.
Joint venture
Global enterprises are large, multinational companies that operate across many countries through networks of branches. They are characterized by their huge size, large product portfolios, advanced technology, international marketing strategies, and global operations. Some key features of global enterprises include large capital resources, foreign collaboration, advanced technology, product innovation, marketing strategies, expanding their market territory, and centralized control.
Accounts presentation
A rights issue allows existing shareholders of a company to purchase additional shares at a discounted price, raising capital for the company. Kingfisher Airlines approved raising Rs. 2,000 crore through a rights issue to help address its financial problems. An IPO is when a private company offers its shares to the public for the first time to raise money, such as Coal India's planned IPO to raise Rs. 15,000 crore. A subsequent public offering is when a company issues more shares after an IPO to raise additional capital.
Et summary 8 july
The government is looking to improve relations with the RBI to help stabilize the rupee. Measures include appointing an official to work closely with regulators. YES Bank may sell shares to raise $300 million from private equity investors. Rice bran oil is gaining popularity as a cheaper alternative to olive oil, helped by aggressive marketing from companies like Adani Wilmar. Ambani and Mahindra will together hold majority stake in a new TV channel venture called Epic TV.
Class7
Foreign investment in India takes two main forms - foreign direct investment (FDI) and foreign portfolio investment (FPI). FDI involves direct ownership in the form of subsidiaries and joint ventures, while FPI involves indirect ownership through securities like stocks. Foreign institutional investors (FIIs) play a major role in FPI. While foreign investment brings benefits like jobs, technology, and economic growth, it also poses risks like inflation. India has seen significant growth in foreign investment over time, especially from developed and Asian economies. Setting up branches, subsidiaries, joint ventures, and licensing agreements are common ways for foreign companies to enter the Indian market.
Weekly news
- Three major US private equity firms (Carlyle, KKR, and Warburg Pincus) are in discussions to acquire a 15-18% stake in Hero Honda Motors, which could result in Honda completely exiting their partnership with Hero.
- L&T's quarterly profit grew 32% to 765 crore due to higher orders, though order flows grew only 11% during the period.
- Indian ayurvedic companies are seeking government intervention after Colgate-Palmolive patented the traditional Indian dental product "lal dant manjan" in the US.
- Mahindra Two Wheelers saw a 451% yearly increase in scooter sales in September to 16,569
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Weekly news
Dr Reddy's Laboratories has acquired GSK's oral penicillin facility and products in the US, while GSK will retain rights for non-US markets. Dr Reddy's had previously partnered with GSK to pursue opportunities in emerging markets, and GSK will now gain access to Dr Reddy's portfolio of around 100 branded pharmaceuticals. Toyota is launching the Etios, an entry-level sedan priced around Rs. 5.25 lakh, to compete against established models like the Maruti Dzire, Tata Indigo, and Honda City. India has introduced mobile number portability allowing cellphone users to switch operators without changing numbers.
Weekly news
JCB plans to transform its Indian operations into a global manufacturing hub for South Asia and the Middle East. It has started exporting excavators to Indonesia and plans to export its complete product line from India. Pfizer recalled some batches of an animal drug in the US after the FDA found issues with manufacturing standards at its Indian partner's plant. Coal India is in talks to acquire mines from two major US coal companies to expand its operations. Bharti Airtel will rebrand itself and spend Rs 300 crores on the change to appeal to more youth and have a more global image.
News
Ford India plans to export the Figo hatchback to 48 new countries in Africa, South America, Mexico, and the United Arab Emirates. SEBI doubled the limit for maximum investment by individual investors in public issues from Rs 1 lakh to Rs 2 lakhs. Bajaj Auto increased its stake in KTM Power Sports to 38.09% by purchasing additional shares of the company. Microfinance companies agreed to reduce interest rates charged to borrowers to 24% from as high as 34% in Andhra Pradesh. Fortis Healthcare plans to invest around Rs 650 crore to open 7-8 new hospitals in India over the next 18 months.
News
Ford India plans to export the Figo hatchback to 48 new countries in Africa, South America, Mexico, and the United Arab Emirates. SEBI doubled the limit for maximum investment by individual investors in public issues from Rs 1 lakh to Rs 2 lakhs. Bajaj Auto increased its stake in KTM Power Sports to 38.09% by purchasing additional shares of the company. Microfinance companies agreed to reduce interest rates charged to borrowers to 24% from as high as 34% in Andhra Pradesh. Fortis Healthcare plans to invest around Rs 650 crore to open 7-8 new hospitals in India over the next 18 months.
Latest news
Pure Gold Jewellers plans to invest Rs. 1,000 crore to open 200 stores in India over the next 5 years, initially focusing on Maharashtra. Godrej Consumer Products merged its unit Godrej Household Products with itself. Toyota appointed music director A.R. Rahman as its brand ambassador for its new car Etios launching in India. South Korean company E-land agreed to buy at least 51% of Mumbai-based clothing company Mudra Lifestyle. The Reserve Bank of India sold its 72.5% stake in the National Bank for Agriculture and Rural Development to the Government of India.
News
Ferrari will start business in India in January 2011 and aims to close the year better than last year despite the economic crisis. Indigo received permission to begin international flights next year. Aircel will launch 3G services in Q1 of next year after investing $500 million for expansion. ADF Foods acquired US-based Elena's Food Specialities, a manufacturer and marketer of organic Mexican foods. Emami hired Bollywood actress Bipasha Basu for 3-4 crores to promote its skincare and personal care brands for three years.
Weekly news
Weston enters the Indian mobile phone market with seven new models priced between Rs. 1600 to Rs. 3500. Tata Motors will launch its new crossover vehicle, the Aria, within a month and may price it at Rs. 10 lakh. Viacom 18 Media launches its Colors television channel in the Middle East through Arab Digital Distribution's direct-to-home platform. Hyundai plans to expand manufacturing capacity in India to achieve a 22% market share. Emami settles a copyright dispute over using a song for its Zandu Balm advertising and will use the song along with new brand ambassador Malaika Arora Khan.
Resume
Vishal Katoch is seeking an opportunity in marketing. He has a B.Sc. degree from Govt. College Palampur in 2008 and is currently pursuing an MBA. He has experience in stock market training and has won prizes for participation in plays, quizzes, and story writing competitions during college. He is hardworking, dedicated to his commitments, and aims to contribute 100% to his employer.
Resume
Vishal Katoch is seeking an opportunity in marketing. He has a B.Sc. degree from Govt. College Palampur with 58.75% and is currently pursuing an MBA. He is enthusiastic, innovative, and dedicated to excelling in his work. He has experience in computer applications and participated in various co-curricular activities during his education.
Summer training Project ppts
The document provides information about Money Matter Inc., a wealth management company operating in Punjab and Rajasthan, India. It discusses the company's vision, mission, values, business model, products, organizational structure, departments, 5-year goals, SWOT analysis, and branches. It also compares traditional insurance plans offered by LIC, Bajaj Allianz, Birla Sun Life, and Tata AIG to ULIP plans offered by LIC, Bajaj Allianz, Birla Sun Life, and Tata AIG, describing the key features and benefits of each.
Summer Training Project ppts
The document presents a comparative study of traditional and ULIP plans offered by life insurance companies in Ludhiana. It discusses the objectives, research methodology, data analysis and findings of the study. The study collected primary data through questionnaires from 104 respondents who had invested in traditional or ULIP plans from LIC, Birla Sunlife, Bajaj Allianz and Tata AIG. The analysis found that most respondents invested for tax savings and expected moderate returns. It also found that advisors influenced investment preferences and that investors were satisfied with the services provided.
Weekly News -3
Maruti Suzuki will start using high strength steel in most vehicle variants by 2012 to reduce carbon emissions and vehicle weight. Tyre companies are looking to increase prices again to offset rising input costs like natural rubber prices. BSNL is ready to start mobile number portability by October 31st to allow users to retain their phone numbers when switching carriers.
News
Rishad Premji will take on a new strategy role at Wipro, charting future plans and identifying new business areas. Nokia launched two new dual-SIM phones, the Nokia C1 and C2, which feature flashlights, FM radio, and microSD card support. Toshiba recalled 41,000 notebooks globally due to overheating concerns with models Satellite T135, T135D, and ProT130. India loses $65 billion annually to inefficient supply chain systems, with costs 12-13% of GDP compared to 7-8% in developed nations.
News
Elder Health Care aims to increase turnover to Rs 125-crore and has earmarked Rs 40-crore for advertising to promote its three top brands - Tiger Balm, Fuel deodorant and FairOneCream. It also plans to launch new dermo-cosmetic products and soap and add 5 lakh more outlets next year.
Tech Mahindra's CEO Sanjay Kalra has resigned after six years with the company. Vineet Nayyar will replace him as CEO, as Tech Mahindra's revenues are under pressure due to declining business from its largest client British Telecom and other telecom contracts.
Nestle will invest $487 million in coffee projects by 2020,
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News
- 1. News
- 2. Ford India plans to export Figo to newer markets • Car maker Ford India, the 100 per cent subsidiary of Ford Motor Corporation , USA plans to export its hatchback Figo to newer markets. • Next year onwards they are planning to cover 48 countries. Initially they will export it to North African market, South America, Mexico and in the Emirates region. • The car manufacturer since its launch in South Africa was ranked among the Top 10 car manufacturers.
- 3. IPO limit for individual investor enhanced • SEBI has doubled the limit for maximum application for individual investors from Rs 1 lakh to Rs 2 lakhs across all public issues. • Once categorized as HNIs these investors had only 15 percent of the shares at their disposal, as against 35 percent reserved for the retail players. • The remaining 50 percent is set aside for institutional investors.
- 4. Bajaj Auto arm raises KTM stake • Bajaj Auto International Holdings (BAIHBV), a Netherlands-based wholly-owned subsidiary of Bajaj Auto, has raised its stake in KTM Power Sports . • India’s second-largest motorcycle maker purchased 2.44 lakh shares in KTM, taking the total shareholding to 38.09% . • Bajaj Auto is the second-largest shareholder in KTM. The largest shareholders — Stefan Pierer and Rudolf Knuenz hold more than 51%.
- 5. MFIs agrees to reduce interest rates to 24 pc • Micro finance companies agreed to reduce interest rates they charged from borrowers to 24 per cent. • A cut in rates comes from as high as 34 per cent in the backdrop of an unsavory situation in Andhra Pradesh, where many borrowers have committed suicides due to coercive methods adopted by micro finance institutions (MFIs) to recover money.
- 6. Fortis draws up Rs 650-cr investment plan • Fortis Healthcare plans to invest around Rs 650 crore in the next 18 months to open 7-8 hospitals and is scouting for acquisition opportunities in India. • Fortis Healthcare had lost out a corporate takeover battle for control of Singapore’s Parkway early this year. • The company disclosed that it booked Rs 342.6 crore as gain on the sale of its investment.
- 7. Fortis draws up Rs 650-cr investment plan • Fortis Healthcare plans to invest around Rs 650 crore in the next 18 months to open 7-8 hospitals and is scouting for acquisition opportunities in India. • Fortis Healthcare had lost out a corporate takeover battle for control of Singapore’s Parkway early this year. • The company disclosed that it booked Rs 342.6 crore as gain on the sale of its investment.