MONEY GENERATES MONEY

Walmart loses $10 billion market capitalization after flipkart buyout! Walmart’s investors reacted negatively to the news of the retail giant’s buyout of Flipkart on Wednesday, as over $10 billion worth of Walmart’s market value was wiped away, as investors punished the stock in early morning trading on the New York Stock Exchange (NYSE). As of 8.45pm in India, Walmart shares were trading down 4.04% from the previous day’s close. The US-based retailer’s market capitalization had dropped to $242.9 billion. On the other hand, Amazon.com Inc.’s shares had risen marginally, and the stock was up 0.2% as of 8.45pm. The market capitalization of Walmart’s arch-rival in the US currently stood at $774.18 billion, more than triple that of Walmart. Earlier on Wednesday, Walmart said it had agreed to buy 77% of Flipkart for $16 billion, valuing India’s largest e-commerce firm at roughly $21 billion. Walmart, however, added that it expected operating losses as a result of the deal, al...

Latest News about GST(Goods And Service Tax) and it's scrutiny!  The promise of the Goods and Services tax  (GST) to bring clarity has finally started showing. As GST  officers unleash the force of data analytics, no discrepancy or mismatch will escape their scrutiny. Even if it's less than one rupee. GST officers can go as far as 17 decimal points to square their accounts. The intolerance for gaps is so extreme that a proprietor of an Ahmedabad-based engineering company received a notice from the state tax department stating there was a discrepancy of Rs 0.77999999999883585 in his tax payment. Please clarify difference between GSTR-1 and GSTR-3B amount of tax for the period Oct-17 to Dec-17. The Amount is Rs 0.77999999999883585," stated the notice. GST officers have started sending scrutiny notices to companies whose tax payment did not match the final sales return, after revenue authorities detected underpayment of GST by about 34 per cent, PTI reported. Besid...

Indostar  Capital Finance Limited Company Wikipedia!   Rs 1,844 crore initial public offering (IPO) opens for subscription today. The company plans to raise Rs 700 crore of fresh capital in addition to an offer-for-sale from promoters and existing shareholders amounting to Rs 1,144 crore. The primary market offering of the non- banking finance company (NBFC) comes at a time when the space is fast gaining share in the overall credit pie and its fortunes are on an uptrend. Company: At a glance Incorporated in 2009, Indostar is primarily engaged in providing structured term financing solutions to corporates and loans to small and medium enterprise (SME) borrowers. It recently expanded its portfolio to offer vehicle and housing finance products. It is a professionally managed company and has been sponsored by institutions of repute such as Everstone Capital, Goldman Sachs Group, Baer Capital Partners, ACPI Investments and CDIB Capital International Corporation. Ke...

What are the disadvantages of investing in IPO's(Initial Public Offerings)? Laborious decision making process  Reporting costs will go high. Soaring upfront cost. Augments liability.  Laborious decision making process : When you sell too much of your shares, and your shareholders elect the majority of the board of directors. So, any decision should be given thumbs up by the board members or at least the majority of the share holders. Earlier the decision-making process which finished within a few hours in the meeting room, will now,  take days. How much ever you try to keep your focus on the actual business goals, the stockholders who hold minimal shares individually, on coming  together, can pressurize you to move away from it. Reporting cost will go high: The Public company information will have rolling costs for periodic reports and proxy statements that are filed with the regulatory agencies and distributed to the shareholders. The ...

Why companies go for public offerings? Say you are an entrepreneur, who started a corporation, with a few closely known members as the shareholders. The profit or loss of the Company is borne by these people. As the company continues to mature, and the Company starts seeing the growth potential, any Company head would think of making their business even bigger. To make it even bigger, to achieve greater heights, you will need a huge capital investment. And you cannot rely on the banks every time. This is when you should start contemplating on the pros and cons of making an Initial Public Offer. Advantages in Investing in Initially Public Offerings. What is an IPO?  When a private company sells securities to public in the form of shares for the very first time, it is known as the (Initial Public Offering). Advantages : Raises a lot of money. Increases Liquidity.  Helps in mergers and acquisitions. Gives visibility and credibility....

Angel Brokering de-mate account opening process!  Dematerialized accounts, or demat accounts as they are better known, help investors store and keep track of certificates of shares, bonds, and mutual funds and other securities held in electronic format. A Demat account facilitates document-free trade and transfer transactions. In order to have this account, listed below is the procedure of open a Demat account. Process of opening de-mate account : Select a depositary participate (DP)  submit your KYC documents  Appear for in person Verification at office  Get a Beneficiary owner identity (BOID)  The procedure to open a de-mate account is almost similar for all the depository participants, and all the brokers follow it. Here are the steps to open de-mat account: 1. Select a Depository Participant (DP):  Select a Depository Participant (DP) you would like to open your account with; this entity will serve as the intermediary between you...

  Worlds Largest Stock Exchanges! A Stock Exchange is a facility where people can buy or sell stocks, bonds, and securities through brokers and traders. Most often the traditional Exchange floor is where the selling and buying take place. However, modern trading is now also done through electronic networks for its speed and lesser cost. This means dark pools, electronic communication networks, and alternative trading systems are also being utilized as trading locales. Buyers and sellers are called stock investors who may profit or lose capital depending on whether there is a bull or bear market, respectively. Stock Exchanges are usually preferred by investors for transparency. Large Stock Exchanges by region : American Stock Exchanges : Wall Street is the financial capital of the US. It influences major markets throughout the financial world and the world economy. The world's two largest stock exchanges lie only minutes apart in New York City, U. S The New Y...