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#WFH Effect

Effect of Work From Home- #WFH IT Giants have started to vacate Rented Buildings at all major IT Parks.. They have planned to open "Supervising Hubs" (controlling Offices) in small Buildings.. 75 to 90% Staff are going to work from own native areas. Next major change is being made silently by NASSCOM (with +2800 IT and related Company members in india). They have approached Central/State Govts to,  i) Amend or Abolish major (75%) portion of Labour Laws to suit IT Sector "work from Home." Central Govt has ostensibly given consent in the last week of May 2020 itself and advised NASSCOM to give Blue Print of Amendment in Labour Laws for suitable changes. ii) To Amend Income tax Act to include expenses by Employer/Employee incurred at Home.. Amendment to cover Insurance for working from Home & done other amendments as well.  So it is a matter of time before Acts/Laws are crystallized. "Work from Home" has come to stay & no more necessity for IT people ...

OFFER FOR SALE..

Offer for Sale (OFS)* is another form of share sale. OFS mechanism facilitates the promoters of an already listed company *Seller* to sell or dilute their existing shareholdings through an exchange based bidding platform to meet the minimum public shareholding requirements in terms of Securities Contracts (Regulation) Rules. Any non-promoter shareholder of eligible companies (top 200 companies by market capitalization) holding at least 10% of share capital may also offer shares through the OFS mechanism. Except "Seller", all market participants like individuals, mutual funds, foreign portfolio investors (FPIs/FIIs), insurance companies, corporates, other qualified institutional bidders (QIBs), HUFs, NRIs etc. can bid/participate in the OFS process to buy the shares. The size of the offer shall be a minimum of Rs. 25 crores. However, size of offer can be less than Rs. 25 crores so as to achieve minimum public shareholding in a single tranche. The duration of the offer fo...
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WHY RUPEE VALUE CHANGES????? T he Value of a Country's Currency is linked with its economic conditions and policies, it depends on factors that effect economy such as imports and exports, inflation, employment, interest rates, growth rate, trade deficit, performance of equity markets, foreign exchange reserves, macroeconomic policies, foreign investment inflows, banking capital, commodity prices and geopolitical conditions.                      Income levels influence currencies through consumer spending. When income increases people spend more and demand for imported goods increases, as a result it weakens the local currency.                     Balance of payments which comprises trade balance (net inflow/outflow of money) and flow of capital also effect the value of country's currency, another factor is the difference in interest rate b/w countries. Let us consider...
IMPACT OF FEDERAL RATE HIKE ON INDIA CURRENCY It primarily affects India by decreasing the value of India’s currency against the US dollar. In order to understand this, you need to understand the link between currency and interest rates. In general, emerging economies like India have higher inflation and higher interest rates than developed countries like US and Europe. For example, the interest rates in India right now are around 7–8%, inflation is 5-6% whereas both interest rates and inflation in the US are close to 1-1.5% . So a lot of financial institutions raise/borrow money in the US on low interest rates in dollar terms and then invest that money in government bonds of emerging countries such as India in local currency terms to earn higher interest. Even after taking into account the depreciation of the local currency due to higher inflation, the investors still earn more than what they could have earned had they just kept their money in the US bonds. Many FII...