Costing, FM & SM and Motivation
India claims that Rishi Sunak, the Prime Minister of the United Kingdom, is of Indian origin, as his grandparents migrated from undivided India under British rule!
Pakistan also claims that Rishi Sunak is their son, as his grandfather was born on their land!
Kenya claims that Rishi Sunak's father Yashveer Sunak was born in Kenya, they claim his origin as well.
UK says nothing needs to be said because Rishi was born in Southampton, UK so he is a Britisher!
South Africa also claims its origin, as Rishi's mother, Usha was born there!
India also claims that Rishi ji is their son-in-law as he is married to Akshata Murthy, daughter of Narayana Murthy!
USA now enters the battlefield claiming that since Akshata Murthy is a US citizen, Rishi is their son-in-law!
Moral of the story
Success has many Relatives, meanwhile failure is Orphan!
Revision of Risk Analysis of Investment Decision by CA RAVI SHANKER.
Читать полностью…AUDIO REVISION OF Investment Decision or Capital budgeting decision Part-3
Discounted Techniques
A. Discounted Payback Period (DPBP)
B. Internal Rate of Return (IRR)
C. MODIFIED INTERNAL RATE OF RETURN (MIRR)
AUDIO REVISION OF Investment Decision or Capital budgeting decision Part-2
1. Traditional Techniques
A. Payback Period (PBP)
B. Accounting Rate of Return (ARR)
2. Discounted Techniques
A. Net Present Value (NPV)
B. Profitability Index (PI)
Investment Decision or Capital budgeting decision Part-1
Читать полностью…Audio from R S Pathshala/पाठशाला
Читать полностью…All case study on TRANSFER PRICING WILL BE UPLOADED TOMORROW at 10 am.
Читать полностью…For AMA STUDENTS
MUST GO DO THEORY AND CONCEPT IN DEPTH.
THEORY MARATHON AVAILABLE ON OUR YOUTUBE CHANNEL.
https://youtu.be/yW15X74CBRA
बच्चे मन के सच्चे एक मौका न छोड़ते मजे लेने का😂
बच्चे ने तारीफ के साथ वीडियो भी भेजी है कि सुन लो कोरोना को तुमने ही बुलाया है🤣🤣🤣
*News 12 June 2021*
*Mint*
=> FinMin tells govt depts, ministries to cut expenses
=> HC rejects Amazon, Flipkart plea against CCI antitrust probe
=>Sebi to probe PNB Housing Fin’s ₹4,000 cr deal with Carlyle, others
=> Maharashtra city announces more relaxation in Covid-induced curbs from Monday
=> India's forex reserves cross record $600 billion-mark for first time
=> Mukul Roy returns to TMC, Mamata says he was threatened in BJP
...........................................
*Business Standard*
=> Centre borrows less than planned amid second wave of Covid-19 pandemic
=> Antitrust case: HC paves way for CCI investigation against Amazon, Flipkart
=>Enforcement Directorate issues notice to WazirX, directors over FEMA breach
=> Coronavirus : India records 84,695 cases, 4,000 deaths in last 24 hours
=> At $605 bn, India ties with Russia as fourth largest forex reserves holder
=> Room for domestic steel price hike paves way for Rs 76,500 cr investments
*Economic Times*
=> Indian government clarifies the dosage intervals for Covishield
=> US mulls changing its tax code to ensure people like Bezos & Buffet pay their fair share in taxes
=>More people will come from BJP: Mamata after Mukul Roy re-joins TMC
=> Faltering for years, Ford is finally showing signs of a revival
=> Keep expenses in check, finance ministry tells ministries
=> 'Life goes on, it's just tennis,' says Nadal after French Open reign ends
...........................................
*Financial Express*
=> Covid-19: Supreme Court rejects plea for fresh loan moratorium relief
=> Covid-19: National sero survey this month, to cover 21 states
=>Finance minister asks ministries to accelerate capex, clear dues to MSMEs, PSUs
=> Govt aims to raise domestic gas production by 75% in three years
=> India opens up for coal export as CIL allows overseas trade for auctioned coal
=> USFDA rejection of Covaxin not to impact India’s Covid-19 vaccination drive
*Hindustan Times*
=> Mehul Choksi denied bail by Dominican high court, called 'flight risk'
=> GST Council meet today; tax cut on Covid essentials, black fungus drug on agenda
=>Mukul Roy’s move fans talk of turncoats following suit
=> Tsitsipas outlasts Zverev in five-set thriller to enter maiden French Open final
=> Apple is going to allow users to sign up without passwords using Face, Touch ID
=> Mumbai Rains: IMD issues red alert for June 13, 14
............................................
*Indian Express*
=> Covaxin efficacy data out soon
=> Gujarat govt praises NREGA: 'lifesaver' for migrants
=>Centre lists out areas for ministries to cut expenditure
=> Reset signal as the wave abates: PM Modi sounds out leaders, Ministers
=> Advantage Mamata: Snubbed by the BJP, Roy’s exit was waiting to happen
=> France backs India, asks G-7 to lift export curbs on vaccine materials
............................................
Our twitter handle is @cduniya
............................................
*The Hindu*
=> India unlikely to allow return of 4 Kerala women who joined Islamic State
=> Djokovic defeats 13-time champion Nadal in 'greatest' French Open display
=>Modi meets Adityanath, Amit Shah to iron out issues
=> SC refuses to hear Mumbai Police ex-chief’s plea seeking transfer of inquiries
=> Mukul Roy returns to Trinamool Congress
=> India records more than 82,500 new infections
............................................
*The Times of India*
=> Covid vaccination: Pvt hospitals to be allotted doses based on location & demand
=> No US emergency nod coming, Covaxin to seek full approval
=>Djokovic defeats 13-time champion Nadal in 'greatest' French Open display
=> Mukul Roy dumps BJP, returns ‘home’ to TMC
=> You may soon get a driving licence without any test at RTO
=> Modi praised UP’s measures to battle second wave: UP government
*Financial News*
*8 June, 2021*
*Economic Times*
Ø Indian Oil signs up to invest Rs 24,000 crore in Gujarat refinery expansion, petrochemical project
Ø PSU bank privatisation plan could face hurdles amid Covid: Fitch
Ø Curb excess import of edible oils from Nepal, trade body SEA tells government
Ø Homebuyers’ body FPCE says RERA’s project completion objective yet to be achieved
Ø Second Covid wave may restrict CV sales growth to 23-28 % in FY22: Crisil
Ø Govt extends free foodgrains scheme till Nov for 80 crore beneficiaries
*Business Standard*
Ø Lenders can realise Rs 55,000-60,000 crore from IBC cases in FY22
Ø Reserve Bank imposes penalty on Bank of India, PNB totalling Rs 6 crore
Ø Sebi fines Franklin MF Rs 5 cr, asks it to return Rs 512 cr fund mgt fees
Ø Anil Ambani to raise stake in Reliance Infra via creeping acquisition
Ø US FDA approves Biogen's drug aducanumab to treat Alzheimer's disease
Ø ED transfers Rs 5,600-cr UBL shares to recovery officer's demat account
*Business Line*
Ø Lenders approve Tata Steel arm’s bid for Rohit Ferro-Tech
Ø Tata Digital to invest $75 million in CureFit
Ø India to add 20GW wind capacity by 2025: GWEC
Ø IREDA extends CPSU scheme phase II deadline till June 15
Ø CIE-IIITH, SucSEED join hands to invest in deep tech startups
Ø MRF posts ₹431-cr profit in Q4
*Mint*
Ø America offers the backdrop for global economic trends
Ø Sebi tweak prompts companies to advance listing plans
Ø Paytm said to move ahead with planned $3 billion IPO
Ø Quess Corp’s new dividend policy gives hope to investors
Ø Jaypee insolvency: Suraksha group sweetens bid just before lenders' meet
Ø DHFL shares may get delisted post acquisition by Piramal
*Financial Express*
Ø NCLT approves Piramal Group’s offer for DHFL on certain conditions
Ø Businesses struggling with rising cost of raw materials: PHDCCI survey
*Business World*
Ø Goodyear Acquires Cooper Tire & Rubber Company
Ø Union Bank Of India Q4 Profit At Rs 1,330 Cr
'The evil you do remains with you. The Good You Do, Comes back to you in multiples.
Good Morning🌞
All lectures of SCM & PE will be available on YouTube channel 7511ravi" rel="nofollow">https://youtube.com/@7511ravi free of cost from 15th jan.
Inform others ...
Starting with 2 Stories:
1. Yahoo refused Google
2. Nokia refused Android
Moral:
1. Update yourself with time, else you will become obsolete
2. Taking no risk is the biggest risk. Take risks and adopt new technologies.
2 more stories:
1. Google acquired YouTube and Android
2. Facebook acquired Instagram and WhatsApp
Moral:
1. Become so powerful that your enemies become your allies
2. Grow fast, become big, and then eliminate competition
2 more stories:
1. Barack Obama was an ice-cream seller
2. Elon Musk was a worker in a lumber mill
Moral:
1. Don’t judge people based on their past jobs
2. Your present doesn’t decide your future, your courage and hard work do
2 more stories:
1. Colonel Sanders created KFC at the age of 65
2. Jack Ma who was rejected by KFC founded Alibaba
Moral:
1. Age is just a number - you can be successful at any age
2. Never ever give up in life - only those who never give up win
2 final stories:
1. Owner of Ferrari insulted a tractor maker
2. The tractor maker created Lamborghini
Moral:
1. Never underestimate or disrespect anyone
2. Success is the best revenge
You can be successful at any age and from any background.
Dream big. Set goals. Work hard.
Never ever give up in life.
Adjusted Present Value and Adjusted Discount Rate
By CA RAVISHANKER
AUDIO REVISION OF Investment Decision or Capital budgeting decision Part-3
Discounted Techniques
A. Discounted Payback Period (DPBP)
B. Internal Rate of Return (IRR)
C. MODIFIED INTERNAL RATE OF RETURN (MIRR)
AUDIO REVISION OF Investment Decision or Capital budgeting decision Part-1
1. Meaning of Investment Decision.
2. Calculation of Cash Inflow of Project.
We are planning to revise topics on audio
Give your reaction
*Beautiful question paper of SCM & PE.
COMBINATION OF
CONCEPT + THEORY + CLARITY + CALCULATION*
*News 4th June*
*Mint*
=> Covid-19 vaccine: Pvt hospitals say no clarity on procurement, seek guidelines
=> Israel's Netanyahu ousted as 'change' coalition forms new govt
=>LIC looks to raise up to ₹25,000 crore from anchor investors
=> IIT-Madras' incubated start-up develops portable hospitals
=> Mizoram man, who reportedly heads world's largest family, dies at 76
=> Coal India may announce 20-25% additional dividend on 14 June
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*Business Standard*
=> Electric 2-wheeler to become cheaper with higher incentives under FAME II
=> Visa appointments for Indian students from Monday: US embassy
=>SME will be fastest-growing segment over next 3-5 years: HDFC Bank CEO
=> Delhi eases restrictions on shops but schools, colleges to stay shut
=> India gets wide support on TRIPS waiver for Covid-19 vaccines at G-7 meet
*Economic Times*
=> Naftali Bennett takes oath as Israel's new Prime Minister
=> Novak Djokovic beats Stefanos Tsitsipas to win French Open
=>Govt rules out NIC data breach, says email system 'totally safe & secure'
=> Legendary sprinter Milkha Singh's wife Nirmal dies due to COVID-19 complications
=> No clarity on COVID-19 vaccine procurement, say private hospitals
=> G7 demand action from Russia on cybercrimes and chemical weapon use
...........................................
*Financial Express*
=> Insolvency Case: NCLT sets up monitoring panel for DHFL until Piramal Group’s resolution plan is implemented
=> Capital Formation: March spending binge salvages states’ capex in FY21
=>Satcom spectrum: Jio makes a pitch for auction, Bharti Airtel tight-lipped
=> Byju’s dethrones Paytm to become India’s most valued start-up at $16.5 billion
=> Four IPOs to hit markets next week; companies eye Rs 9,123 crore
=> Bank of Maharashtra plans to raise up to Rs 2,000 cr through QIP
*Hindustan Times*
=> Kulbhushan Jadhav case 'complicated' by previous govt: Qureshi
=> Govt lines up key bills for passage during next monsoon session
=>Biden welcomes new Israeli government led by Naftali Bennett, reaffirms support
=> New Zealand topple India to climb to top spot in ICC Test Rankings
=> Vinoo Mankad named in ICC's Hall of fame list ahead of WTC final
=> Android 12 is officially Google's most downloaded or installed beta version ever
............................................
*Indian Express*
=> In all but four states, deaths doubled in last six weeks
=> CBSE Class 12: Students may be marked on pre-Boards, Class 11 and 10 results
=>Vaccines for children: Plan to cover 80% over 12; Covaxin pegged to lead supply
=> India signs joint statement at G-7 for freedom of expression: ‘Internet curbs threat to democracy’
=> Jharkhand door-to-door survey: Apr-May deaths up 43% from 2 years ago
=> Conflict of interest: PNB Housing board that cleared majority stake for Carlyle has links with Carlyle
*The Hindu*
=> A year after Galwan clash, China beefing up positions along LAC
=> Hyderabad excess deaths 10 times the official COVID-19 toll for Telangana
=>Israel's Netanyahu ousted as 'change' coalition forms new govt.
=> CBSE decision on Class XII marking likely to be delayed
=> Fight against authoritarianism, extremism, says PM at G7 meet
=> Djokovic resurrects himself, wins Slam No. 19
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*The Times of India*
=> Covid-19: More virulent variant of Delta fuels cocktail-resistance fear
=> Netanyahu ousted, Naftali Bennett is Israel's new prime minister
=>Covid-19: 50 modular hospitals to be set up across India in 3 months
=> Djokovic makes history with 19th Grand Slam title in epic French Open final
=> G7 wants Covid origins probe in China
=> Users stuck as glitches plague new I-T portal
Free Costing theory ..
https://ngfmm.courses.store/80028
🇮🇳Business News Headlines
Economic Times
Ø India's Agriculture Exports jump to $ 41 Billion
Ø Bank of Baroda cuts MCLR for various tenors
Ø Century Ply Q4 Profit rises 115% to Rs 83 Crore
Ø NHPC March quarter profit rises 80% to Rs 464 Cr
Ø IIFL Home Finance looking to raise up to Rs 1,000 Cr through bonds
Ø 3rd tranche of open market purchase of Rs 40,000 cr G-Secs on June 17: RBI
Ø RBI hikes ATM interchange fee to Rs 17 from Rs 15; allows 5 free ATM transactions
Ø Tata Steel eyes growth opportunities after paring debt beyond target
Ø Slintel raises $20 Million in funding round led by GGV Capital
Ø Edtech startup Leverage Edu raises $2 Million from Trifecta Capital
Ø US annual inflation jumps to 13-year high of 5% in May
Business Standard
Ø Tata Digital to acquire majority stake in online healthcare marketplace 1MG
Ø GST Council to meet Saturday, discuss tax exemption on Covid-19 essentials
Ø Fintech firms expect business as usual by July, says FACE survey
Ø YES Bank board approves fundraising up to Rs 10K crore via debt securities
Ø Koo expands its wings, govt of Nigeria joins microblogging platform
Ø Amazon gets UK antitrust scrutiny over data usage, says report
Ø In a first, Verizon brings commercially available private 5G network in US
Ø G-7 plans 1 Billion extra Covid-19 Shots to end pandemic next year
Ø Gati Ltd looks to shut two more businesses post cold chain exit
Ø Eightfold AI raises $220 mn from SoftBank Vision fund, valuation doubles
Financial Express
Ø Lenders start voting on resolution plan of RCFL
Ø Coal Sector facing some headwinds from financial markets: Govt
Ø Cult.fit acquires Tread to launch hardware-at-home biz
Ø At 6,499 MW, Delhi sees highest power demand this Summer
Ø JSW Steel output rises 10 % to 13.67 LT in May
Ø Wipro IT Services approves issuance of up to USD 750 mn dollar denominated notes
Ø IIT Madras to develop software to monitor maritime traffic
Mint
Ø Monsoon sets in over Odisha, to cover entire state in 2 days: IMD
Ø OPEC sees Oil demand recovery gaining strength in second half of the year
Ø Waterfield Advisors hits first close of its Rs500 Crore Fund of Funds
Ø Govt to auction 'major' oil, gas fields of ONGC, Oil India: Dharmendra Pradhan
Ø 49% of new-to-credit retail borrowers below 30 years, 24% were women: Report
Ø Electric mobility startup Cell Propulsion raises $2 Million
Ø Kale Logistics raises $5 Million in Series A funding led by Inflexor Ventures
Ø LIC’s Individual Annual Premium equivalent decline 13% in May
*Financial News*
*7 June, 2021*
*Economic Times*
Ø 'Indian consumer confidence hits record low in May 2021 amid COVID second wave': RBI survey
Ø SIDBI invites bids from consultants to help set up Rs 20,000 cr NaBFID
Ø India slips two spots on 17 SDGs adopted: Report
Ø Biden reinvigorates tariff war against India with retaliation against digital tax
Ø Labour codes on the cards: Cos' PF liability to go up, workers to see reduction in take-home pay
Ø India likely to benefit from global minimum 15% corporate tax pact
*Business Standard*
Ø Reckitt Benckiser to sell China baby-formula business in $2.2-bn deal
Ø AMC Entertainment drama is exposing risks in $11 trillion world of indexing
Ø Private equity firms in deal to acquire Medline for about $34 billion
Ø DHFL back in the black, posts Rs 97-crore net profit in March quarter
Ø No green shoots: New investment projects fall in FY21, lowest since FY05
Ø India continues to be one of stronger markets among Asian Ems: Ritu Arora
*Business Line*
Ø ICDs: Concor to lease Railway land for 35 years in ₹3,500-cr deal
Ø Debt scheme redemptions: SEBI to charge key officials of Franklin MF with fraud
Ø Bombay Burmah to exit plantations business
Ø In a turnaround, FPIs buy stocks worth ₹7,967 cr
Ø Digital piracy rises amid pandemic; original content creators lose money: EY
*Mint*
Ø Franklin Templeton investors to get ₹3,205 cr in fourth tranche
Ø DHFL resolution case: NCLT to pass order on Monday
Ø Yellen says higher interest rates would be ‘plus’ for US, Federal Reserve
Ø Paytm to lend founder Sharma’s firms ₹743 crore ahead of IPO
Ø RIL’s startups step in to limit covid-19 damage, boost business
*Financial Express*
Ø Second COVID-19 wave not to impact India’s agri sector in any way: Niti Aayog
Ø G-7 nations sign key pact to make tech giants pay fair taxes
Ø Power Crisis: Despite PFC-REC loan, discoms’ dues rise 8% at April-end
*Business World*
Ø Ebixcash Ropes In Economist SP Kothari To Its Board Of Directors
Ø Reliance Infra Board Approves Raising Up To Rs 550.56 Cr Via Preferential Allotment