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.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
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
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@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
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.
1. R.W. Baird Industrial Conference
November 12, 2008
Built strong.
Building for the future.
Charles L. Szews
President and Chief Operating
Officer
David M. Sagehorn
Executive Vice President and
Chief Financial Officer
2. Forward Looking Statements
Our remarks that follow, including answers to your questions and these slides, include statements
that we believe are “forward-looking statements” within the meaning of the Private Securities
Litigation Reform Act of 1995. All statements other than statements of historical fact, including
without limitation, statements regarding the Company’s future financial position, business strategy,
targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans
and objectives of management for future operations, are forward-looking statements. When used in
this presentation, words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,”
“should,” “project” or “plan” or the negative thereof or variations thereon or similar terminology are
generally intended to identify forward-looking statements. These forward-looking statements are
not guarantees of future performance and are subject to risks, uncertainties, assumptions and other
factors, some of which are beyond the Company’s control, which could cause actual results to differ
materially from those expressed or implied by such forward-looking statements. These factors
include the consequences of financial leverage associated with the JLG acquisition, especially
given recent turmoil in the credit markets, the level of the Company’s borrowing costs and the
Company’s ability to maintain compliance with financial covenants in its credit agreement; the
cyclical nature of the Company’s access equipment, commercial and fire & emergency markets,
especially during a global economic downturn and credit crisis; the Company’s ability to offset
higher steel and raw material costs through other cost decreases or product selling price increases;
the expected level and timing of U.S. Department of Defense procurement of products and services
and funding thereof; risks related to reductions in government expenditures and the uncertainty of
government contracts; risks associated with international operations and sales, including foreign
currency fluctuations; the Company’s ability to turn around its Geesink business; risks related to the
collectibility of access equipment receivables; and the potential for increased costs relating to
compliance with changes in laws and regulations. Additional information concerning these and other
factors and assumptions is contained in our filings with the SEC, including our Form 8-K filed
November 3, 2008. Except as set forth in such Form 8-K, we disclaim any obligation to update
such forward-looking statements.
Built strong.
Building for the future. 2
3. Oshkosh At A Glance
Global leader in specialty vehicles
4 business segments, each over $1B in sales:
– Access Equipment
– Defense
– Fire & Emergency
– Commercial
Broad product lines with leading market positions that
generate significant free cash flow
Growing international revenues and operations base
Built strong.
Building for the future. 3
4. Oshkosh Fiscal 2008 Highlights
Sales increased 13.2% to $7.1
billion OSK Full Year Performance
(millions)
– International sales were $2.1
billion, or 30% of total sales
$8,000 $800.0
$7,138
– Market share gains and record $7,000 $700.0
Operating Income
$6,307
orders at Pierce and domestic $6,000 $600.0
Net Sales
$596.3
refuse $582.0*
$5,000 $500.0
$4,000 $400.0
$3,427
Operating income decreased $3,000 $300.0
$325.9
1.5% to $582 million* $2,000 $200.0
$1,000 $100.0
EPS decreased 5.9% to $3.37* $0 $0.0
2006 2007 2008
$283 million of debt reduction Net Sales Operating Income
Cost reductions of $100 million in
annual savings
* Figures exclude non-cash charges for asset impairment of $175.2 million or $2.31/share
Built strong.
Building for the future. 4
5. Recent Highlights
Multiple defense contract awards
– Multi-year FHTV contract
– MTVR reducible-height armor kits
– UK Light Equipment Transporter (LET2) for 2010 – preferred bidder
Significant opportunities in domestic refuse collection vehicles
– Growth from customers ordering units to reduce fleet age
– CNG-powered units starting to gain momentum
Market share gains at Pierce and airport products
Strengthening leadership
Built strong.
Building for the future. 5
6. Current State Conditions
Market volatility and credit crisis make it very difficult to project fiscal 2009
Defense, fire and domestic refuse backlogs partially mitigate difficulties
Better positioned to address challenging conditions
– Improved cost structure; eliminated an expected $100 million
of annual costs
– Lowered debt and inventories
– Actively sourcing in low-cost countries
– Re-energizing operations with Global Manufacturing Services executive
Moving forward with plan seeking to avoid or delay credit agreement
amendment in fiscal 2009
– Action plans to drive $500 million or more in debt reduction
– Will assess ability to achieve plan quarterly
Continuing to invest in limited strategic global and
new product development initiatives
Built strong.
Building for the future. 6
7. Access Equipment
Key Markets:
– Residential and non-residential construction,
general industrial and military
Challenges:
– Soft construction markets, economic
weakness in particularly North America and
Europe
– Higher finished goods inventories
Our Actions:
– Reducing cost structure: headcount, supply
chain and expenses
– Responsible inventory reduction
Outlook for 2009:
– N. America - lower
– Europe - lower
– ROW - higher
Built strong.
Building for the future. 7
8. Defense
Key Markets:
– Vehicles; mostly U.S with some international
– Parts & service; domestic and in-theater
Challenges:
– Reset & recapitalization of equipment
– Win new business
– Margin pressure
Our Actions:
– Expansion into armored vehicle sales
– International bids
Outlook for 2009:
– Growth in vehicles and parts & service
• Recent FHTV contract renewal
• MTVR reducible-height armor kit order
• UK LET2
Built strong.
Building for the future. 8
9. Fire & Emergency
Key Markets:
– Municipal (North America), airport (global),
general industrial, mobile broadcast and
mobile medical (global), towing and recovery
Challenges:
– Reduced tax receipts expected to lead to
soft municipal spending environment
– Economic weakness in North America and
Europe
Our Actions:
– New products and stronger distribution
leading to share gains
– Lower cost structure, selected investments
in growth opportunities
Outlook for 2009:
– Growth in fire apparatus and airport vehicles
– Declines in most other markets
Built strong.
Building for the future. 9
10. Commercial
Key Markets:
– Residential and non-residential construction,
refuse collection, mining, and general
industrial
Challenges:
– Soft construction markets
– Economic weakness in North America and
Europe
Our Actions:
– Lowered cost structure; completed
restructuring in Europe
– New products (CNG-powered vehicles)
leading to share gains & growth outlook
– Expanding concrete products to more
international markets
Outlook for 2009:
– Continued weakness in concrete mixer and
batch plant markets
– Strong refuse collection vehicle backlog
– Improved results at Geesink Norba
Built strong.
Building for the future. 10
11. Summary of Senior Secured Credit Facility
Originated on December 6, 2006
Joint Lead Arrangers & Banc of America Securities LLC and J.P. Morgan Securities Inc.
Bookrunners:
Description of Facility: Senior Secured Credit Facilities, consisting of:
$550 million, 5-year Senior Secured Revolving Credit Facility
$500 million, 5-year Term Loan A
$2,600 million, 7-year Term Loan B
Term Loan Amortization: Term Loan A: 10% per annum, bullet at maturity
Term Loan B: 1% per annum, bullet at maturity
Financial Covenants: Maximum Leverage Ratio of 4.75x on 12/31/07 reducing to 4.25x
on 12/31/08 and 3.75x on 12/31/09
Minimum Interest Coverage Ratio (EBITDA/cash interest expense)
of 2.50x
Debt Outstanding: Current : $93.5 million
at September 30, 2008 Long-term: $2.68 billion
Term Loan A: prepaid required quarterly principal payments
through March 2009
Term Loan B: prepaid remaining required quarterly principal
payments and $110.5 million of final principal payment
Built strong.
Building for the future. 11
12. Oshkosh Financing Update
$202 million debt reduction in Q4
– In compliance with financial covenants at Sept. 30, 2008
Driving plan seeking to avoid or delay credit agreement amendment in
fiscal 2009 that requires:
– Delivering earnings at higher end of estimate range
– Achieving $500 million or more in debt reduction
Tightly managing spending
– Further reductions likely if demand softens
Continuing actions to reduce working capital
– Strong focus on inventory reduction
– Negotiating European receivables sales program
Limiting capital expenditures to $60 million
Sufficient liquidity, even if amendment is necessary
Built strong.
Building for the future. 12
13. Oshkosh in Summary…
Global market conditions are volatile and difficult to project, but
Oshkosh is moving forward with:
– Powerful leading brands
– Prudent investments in key global markets
– Value-driven sourcing
– Lower cost structure to mitigate weak market conditions
– Manufacturing excellence initiatives
– Cash generation to deliver debt reduction
The Oshkosh team is Built Strong and …
…committed to Building for the Future
Built strong.
Building for the future. 13
14. Why Invest in Oshkosh?
Business model
Leader in key Strong operating team
supports success
markets Swift & decisive in Strong near-term outlook
#1 or #2 player response to weakness for defense, refuse and fire
Innovation leader Strong track record in Long-term growth
Service second to none variety of conditions expected for access equip.
Realistic & conservative Technology advantages
Built strong.
Building for the future. 14