Category Archives: Technology

Business Services, Capital Markets, Finance, Software, Technology

BFSI moving to a Cloud-first paradigm

Cloud migration is an integral part of the digital transformation journey of banking, financial services, and insurance (BFSI) firms. Many BFSI firms are adopting cloud-first strategies to realize the benefits of business excellence, innovation, speed-to-market, and operational and infrastructure savings. BFSI organizations tend to initiate the cloud migration journey by adopting infrastructure-as-a-service (IaaS) models and evolve to embracing platform-as-a-service (PaaS) and software-as-a-service (SaaS) models as cloud solutions and products mature. Successful migration will, however, depend on choosing the right cloud deployment models as well as cloud service models. BFSI firms must consider some crucial factors while choosing the cloud migration model:

  • Business value and technology
  • Functional uniqueness and product maturity
  • Privacy, security, and regulatory requirements
  • Costs, scalability, and performance

Aparna Jiddu
Platform Architect, Banking, Financial Services, and Insurance, TCS

Sripada Sarma
Solution Architect, Banking, Financial Services, and Insurance, TCS

Finance, Market News, Start-ups, Technology, Venture Capital

Requirements to get Company listed on Nasdaq

To be listed on the NASDAQ exchange and reporting system, the following requirements:

  • Shareholders Equity of at least USD $2 million.
  • At least 100,000 shares of public float.
  • A minimum of 300 shareholders.
  • Total assets of at least USD $4 million.
  • At least two market makers.
  • $3 minimum bid price of the company stock.
5 Questions, Business Development, Innovation, People, Project Management, Sales & Marketing, Start-ups, Technology

How to Get Better at Time Management?

The greatest time stealer between the phone, the visitor, the prolonged break, the e-mail and the chit-chat is the never ending “do you have a minute?” approach. Whenever possible say no. Allow a time each day that is dedicated to projected time lost. Find out why you are wasting time and have a realistic plan not to fall into the same pattern. When they start on a work, they rarely stop until it is finished, doing the most difficult things first thing in the morning.

Phone calls and mails are done in one lump of time. Breaks and easier jobs are usually done on times that they know they are least effective. The main idea is to plan time spent for each job section and protect the plan. The changes in real time management is fast as the application of real time statistics and information on international commerce that needs to be processed for more accurate decisions are constantly shifting.

What are the Benefits of Time Management? Aside from the fulfillment that one derives out of being more efficient and productive the effective practice of time management allows the following benefits: A sense of achievement in the workplace, man’s worth to the company is measured against the amount of output that is contributed and the influence that it creates. Let us say here (just for illustration) that lecture time is 25 hours. What remains is about 60 hours. Here’s the sweet part. Once you take away the time to review and do the assignments in each lesson, becomes your free time. If you use your time well during class, you would not be reviewing as much and those are hours added to your personal time.

5 Questions, Business Development, People, Project Management, Sales & Marketing, Software, Start-ups, Technology, Training

Time Management Lessons

It is often ironic that individuals who focus on the end results and not in being busy ends up in doing much and still have time enough for themselves. Today, time management courses have been developed that encompasses practically all the hours in our daily affairs. All time management courses differ on the titles and settings but are basically designed the same.

Time management courses are meant to keep us functioning effectively and cope with the expectations of the present and our expectations of ourselves. It analyses your to do list and offers prioritization of work that keeps the user constantly on track of tasks at hand and those that needs doing next. Time management software provides easy networking without the need for servers and allows the user to share data with those that are on the same network. – At the end of the day, have a to do list for the following morning and stick to it. – Use time management tolls. Different softwars are available on the net.

Attend time management programs. If your company does not sponsor these, spend a little, you will gain more. It is a misnomer to say that there is not enough time.

Most businessmen will tell you that no matter how well or bad the plan was in starting out, there usually is an initial success followed immediately by problems. This is what they call the beginners luck. When the problems begin to seem to be overwhelming, that is the point where most quit. This is also similar to time management that is at work.

Time Management Techniques for Better Time Utilization Since time is the only real resource that one has, it has often been said that people who have managed this resource are also usually good at managing other things. The time management techniques that they have applied to themselves are also the parameters that they apply in other modes of their behavior.

Business Strategy, Capital Markets, Industrial, Investments, Leadership, Mobile & Telecom, People, Risk Management, Technology

Reliance Industries (RIL) – Letter to Shareholders – FY2019

A robust foundation for the golden decade

Dear Fellow Shareowners,

It gives me great pleasure to share with you the exceptional performance of our Company in FY 2018-19. Our revenue and profit numbers have touched new heights, strengthening our position as India’s largest private sector company by market capitalization and profitability.

We now rank in the top 100 profitable companies in the Fortune Global 500 list of ‘World’s Largest Corporations’. We delivered a solid performance in our hydrocarbons businesses despite the volatile oil price environment and incremental capacities in some of our product categories.

Consumer businesses witnessed phenomenal growth in terms of revenues and profitability, with Reliance Retail and Jio now collectively contributing nearly 25% of consolidated segment EBITDA.

Global economic growth remained healthy at 3.6% in CY 2018, as against 3.8% in CY 2017, impacted by weaker performance in the European Union and China. Economic activity was driven by a boost in spending due to tax cuts by the US. Global trade growth was robust in the first half of 2018, but tapered later in the year with trade tensions and higher energy prices.

The Indian economy continued to witness an increase in investments, with Gross Fixed Capital Formation growth at a six-year high of 10%. Healthy industrial activity continued and service indicators sustained positive trends. Service exports growth is at a seven-year high of almost 17%. The Indian economy remains the fastest growing major economy in the world. Continue reading →