Category: Financial
Each of us like to do something different on our special days then why not choose to donate for special occasion? There are innumerable occasions we celebrate during the year. Be it birthdays, anniversaries, weddings, festivals, success parties and the list goes on. During these times we spend lavishly because we are capable of spending so much but would it hurt our pockets if we decide to spend some amount from our budget for the benefit of the underserved children? Hope not!
Donation for special occasion does not mean one has to contribute lump sum of money to a non-profit organisation in India or abroad. It is the intent and the potential behind the donation that counts. For example: if a donor donates Rs. 750 for special occasion towards The Akshaya Patra Foundation, a non-profit organisation in India implementing the mid-day meal scheme, then the donor is actually taking care of a child’s school lunch for one whole year. How? The operational and administrative efficiency of Akshaya Patra allows the NGO to provide one wholesome meal per day to a child at a cost of just Rs. 750 for one whole year. This non-profit organisation in India has been implementing the mid-day meal scheme since 2000. Today, it serves freshly cooked nutritious mid-day meals to 1.4 million children across the entire country, every day.
As a transparency and accountability policy, this non-profit organisation in India regularly publishes its Annual Report for each financial year. Along with reporting the achievements, developments and plans for the next year, it religiously publishes all its audited financial statements and reports for its stakeholders. It accounts all the grants, subsidies and donations it has received to implement the mid-day meal scheme and how the fund was utilised. In the financial year 2013-14, Akshaya Patra’s programme-wise break-up of cost is, 84% for the mid-day meal programme, 12% for programme management and 4 % for fund raising and communications. Among various communication awards, Akshaya Patra has become the first NGO to have been inducted to the Institute of Chartered Accountants of India’s (ICAI) Hall of Fame as a result of being the recipient of the Gold Award for Excellence in Financial Reporting for five consecutive years – a true testimony to the Foundation’s transparent model of operation.
The beneficiaries of this non-profit organisation in India are young hearts studying in Government schools. They are children who cross all barriers to come to school because of their strong determination to change the future. The success stories will introduce you to children from across India who despite all odds has their dreams and aspirations just like any other child growing up amidst comforts. When you choose to donate for special occasion, you are actually acting upon to change one or more of these lives.
Donate for special occasion. The significance of charity will certainly give a new meaning to your celebration.
If your eyes has set on a wonderful car but the size of your pocket holds down to buy one. In this view, personal vehicle finance UK is the best way out to avail the vehicle of your choice.
It provides information about costs and obligations that you and the leasing company may negotiate. At the end of this booklet, there are questions you might ask yourself or the company about leasing, as well as two checklists to help you compare the costs of leasing versus buying and the costs of different leasing contracts. Due to formatting problems, we cannot provide the checklists on-line.
Your sign reflects the loan decision. Read it carefully the fine prints before you imprint your signature and be sure to obtain a copy of all contract papers you signed. Many of the financing terms discussed in booklet are negotiable. Understand what the terms are and how they relate to your needs. Later, the personal finance helps you negotiate on a vehicle finance that is right for you.
After selecting the vehicle you want, you have to decide whether you want to buy it with cash, buy it with credit, lease, or finance it. You wish to take advantage of financing against those of buying a vehicle. Many factors are considered. You compare the initial costs and the continuing costs of the vehicle. The costs that can be imposed at the end of the transaction and for an early termination of the contract, the value you place on equity and ownership, and tax considerations.
You can apply for finance as per your convenience. There is a great availability of various borrowing options. You can access them online and offline, though processing online is preferred. Innumerable sites of different lenders are going in for providing you such financing service. Need is only of select a lender that may provide you vehicle finance on suitable rate.
I have often seen people planning to Invest in bank Fixed Deposits rather than Equity related Mutual Funds inspite of the growing Indian Economy and rising stock market. Though the times are changing and people have started looking at Equity Investment schemes, but still its only the minority of people savings going into the equity market.
Indians are skeptic about investing in Equities. Reason behind so is lack of knowledge and general awareness of the benefits. One needs to understand that stock markets are the best way to benefit from a country which economy GDP is growing over 8.5% year on year. Stock market basically resembles a Nation’s financial condition which of India is going to get better n better.
Indian Money Is Way Too Conservative
Fact figures suggests that 48% of total American savings goes for investing in schemes related to equities. On the other hand the fact figure for Indian savings money routed to equities stands at a merely small total of just 2%. No wonder, both the Indian Government and leading Indian Stock Exchanges are always keen to generate interest and awareness within the common people indicating towards the benefit of investing in equities for the long term.
Its the lack of Financial Education which keeps Indian savings money away from the Equities, since they are not ever formally introduced to financial planning and Investing. Majority of people believes that small investors cannot earn money from stock market, which absolutely is just a myth and nothing more.
Indian Investors still prefers the traditional way of Investment like Fixed Deposits. In fact Fixed Deposits are so famous and traditional that, during daughters marriage, father often gifts Fixed Deposits!
What Is A Bank Fixed Deposit?
A fixed-income debt security issued by banks. A Fixed Deposit is like loaning the bank your money and in return, they pay you interest which is currently between 8-9.5% p.a.
At this interest rates your money will double approx in 7-8 years. Too less, too late? Read on
Why You Should Not Be Investing In Fixed Deposits?
The most unusual characteristic of a fixed deposit is that the funds cannot be withdrawn for a specified period of time which is usually 3 years since deposit for any reason.
Changes in the going interest rate may also rise to a point above and beyond the interest rate applied to existing deposits done with the banks. This means account holders are actually earning less interest with fixed deposits than with other types of products.
What is a Mutual Fund?
A Mutual Fund is a investment scheme maintained and run by professional fund managers working under the name of a Financial Institute or a Fund House. Money is being collected from different and many investors and then collectively put in a pool account from where the fund managers makes Buy and Sell trades according to there own group research and investment objectives.
Dalal Street people prefers you thinking that what they do with your money is some rocket science and you are absolutely not the right person to take your own financial decision so that they keep earning fat commissions for themselves you being entrusting them your hard earned money.
Though its a different case that of course you can also invest your money yourself with little bit of research and with the help of expert Indian stock advisory services like Winfromus which generates higher returns than the different Mutual Fund schemes.
But never the less, there are some real good fund managers out there too, doing what they are best at and most of the good names has been successfully generating 13-15% Compounded Annual Growth Returns (CAGR) since the past 5-6 years.
CAGR Projection over the next 3 years from Indian Stock Markets
Conservative projection suggests that the Indian markets can deliver CAGR of 15-18% over the next 3 years and optimistic like me expects 20% CAGR over the next 3 years with the right selected stocks and sectors.
20% CAGR is not just a dream, but it is also fundamentally backed by growing GDP, country’s financial condition and over all economical and business development which is on course and expected to grow at a descent pace.
Fixed Deposits Returns are Guaranteed, Mutual Funds Are Not – What about my money safety?
Well, for a matter of fact nobody can guarantee you returns while investing in equity via any possible way, since it involves risk. But theres a way to cut the risk virtually to Zero levels and still get benefited the most. The secret is Systematic Investment Planning (SIP).
Systematic Investment allows you to stay invested without worrying to time the markets or about the volatility we see in stock market. In fact SIP works out best when markets are volatile. The funda of systematic investing works on a simple formula invented by world’s most genius ever Albert Einstein – Power of Compounding.
While SIP, rupee cost averaging and compounding of returns/interest earned on principle over a period of time compounds together and puts significant impact on wealth creation over the long run and stock market being a cyclical asset, it is very likely that you will see a higher end where you may take profits and then go conservative.
Do you know how much money can be made on investment of just Rs 10,000/- per month at a CAGR of 20%? I have done the maths, here’s the result –
* Rs 10k/month Invested for 5 years at 20% CAGR to become 10 lacs
* Rs 10k/month Invested for 10 years at 20% CAGR to become 35 lacs
* Rs 10k/month Invested for 15 years at 20% CAGR to become 95 lacs
* Rs 10k/month Invested for 20 years at 20% CAGR to become 2.4 crore
Eventually In 25 years 10000/month @ 20% CAGR (compounded annual growth rate) to become 6.1 crores and in 30 years 10000/month @ 20% CAGR to become a whopping 15 crores. The longer you invest, the higher would get your returns.
Think Mature, Aim Higher, Plan and Set A Goal…
Fixed Deposits cannot generate the kind of returns stock markets will and theres no doubt about it. If you are young and want to Invest and grow your money big, equities are the way to go. Don’t be skeptic and look at the brighter side of investing in Stock Market, you don’t get such money making opportunity in a lifetime.
Returns of fixed deposits may not even beat Inflation rates, then whats the use of saving money in them and allowing money to sit idle to generate lesser returns on investment when a simple SIP in equities can do a better performance for your money? Think about it..
Happy Investing!!
We all love to dream about the future we want, but many of us do not like the idea of organizing our finances and preparing a financial plan. It seems that our dream of our future is the fun part, but planning sounds like tedious and boring work. This is evident by the fact that 65% of individuals do not have a financial plan.
A study found that the benefit of having a financial plan is very significant. On average, individuals who had a plan for retirement had two and half times more assets in their retirement than those who did not have a plan. Having a plan is only part of the success equation because working with an advisor and having a financial plan shows that there is a nine to ten times increase in assets than with those who do not work with an advisor and have a financial plan.
This may explain why one third of individuals consider winning the lottery as one of their financial strategies to achieving their financial goals. So why do most of us not have a plan? It cant be because of a lack of awareness since there are many financial institutions that are advertising the importance of planning. There is also a lot of information and material on the subject with millions of results on Google. So when it comes to Financial Planning why is it that we are not prepared? Well here is a list of the three myths that I have experienced people saying.
Myth of Time: In todays fast paced life we are all starved for time. We are so busy in our everyday activities that we feel that taking time for planning is not available. When it comes to planning there is an upfront commitment of time in identifying your life goals and putting together an action to achieve them, but once you complete these steps then it is just a matter of monitoring your progress as time goes on. The time commitment is minimal compared to the return you get by working with an advisor and having a plan done as noted above.
Myth of Knowledge: The financial world, especially today, may seem too complicated with all the information out there. We are exposed to a lot of information and financial lingo. If you start by telling yourself that it is not too complicated and too hard, then you have no excuse not to do it. You may consider participating in a seminar or a workshop. You can start reading books that talk about financial matters. Soon you will learn that the financial world is not complicated once you learn some of the basics.
The Myth of Wealth: I dont have enough savings to worry about a financial plan. If you have savings then you have enough. Having a plan will help you decide not only where you should put your money, it will also help to define the why. I have learned that the why is more important than the how and where. When it comes to planning you need to start somewhere. Dont think that just because you think you dont have enough you should not have a plan. A Financial Plan will help you define the goals and dreams you want to accomplish.
Thermax Ltd. is engaged in providing a range of engineering solutions to the energy and environment sectors. It offers products and services in heating, cooling, waste heat recovery, captive power, water treatment and recycling, waste management, and performance chemicals. The company is headquartered in Maharashtra, India.
Thermax Ltd. Key Recent Developments. . .
Jan 23, 2011: Thermax Wins Contract To Build Geothermal Power Plant In Konkan Region Of Maharashtra, India Nov 11, 2010: Thermax To Collaborate With Reykjavk Geothermal For 3MW Geothermal Project In India Apr 16, 2010: Thermax Wins INR5.8 Billion Order To Set Up Gas Based Power Plant Mar 12, 2010: Thermax And NPCIL Working On New Packages For Secondary Portion Of Nuclear Power Projects Mar 10, 2010: B&W, Thermax To Build Boilers, Pulverizers For Indian Market
This comprehensive SWOT profile of Thermax Ltd. provides you an in-depth strategic analysis of the company’s businesses and operations. The profile has been compiled by to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.
This company report forms part of -Profile on Demand’ service, covering over 50,000 of the world’s leading companies. Once purchased, highly qualified team of company analysts will comprehensively research and author a full financial and strategic analysis of Thermax Ltd. including a detailed SWOT analysis, and deliver this direct to you in pdf format within two business days. (excluding weekends).
The profile contains critical company information including*,
– Business description – A detailed description of the company’s operations and business divisions. – Corporate strategy – Analyst’s summarization of the company’s business strategy. – SWOT Analysis – A detailed analysis of the company’s strengths, weakness, opportunities and threats. – Company history – Progression of key events associated with the company. – Major products and services – A list of major products, services and brands of the company. – Key competitors – A list of key competitors to the company. – Key employees – A list of the key executives of the company. – Executive biographies – A brief summary of the executives’ employment history. – Key operational heads – A list of personnel heading key departments/functions. – Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company. – Detailed financial ratios for the past five years – The latest financial ratios derived from the annual financial statements published by the company with 5 years history. – Interim ratios for the last five interim periods – The latest financial ratios derived from the quarterly/semi-annual financial statements published by the company for 5 interims history.
Note*: Some sections may be missing if data is unavailable for the company.
Key benefits of buying this profile include,
You get detailed information about the company and its operations to identify potential customers and suppliers. – The profile analyzes the company’s business structure, operations, major products and services, prospects, locations and subsidiaries, key executives and their biographies and key competitors.
Understand and respond to your competitors’ business structure and strategies, and capitalize on their weaknesses. Stay up to date on the major developments affecting the company. – The company’s core strengths and weaknesses and areas of development or decline are analyzed and presented in the profile objectively. Recent developments in the company covered in the profile help you track important events.
For more information, please visit:
http://www.aarkstore.com/reports/Thermax-Ltd-500411-Financial-and-Strategic-SWOT-Analysis-Review-99534.html
Or email us at or call +919272852585