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millenniumsemiconductors00 · 4 months

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Millennium Semiconductors - Leading Innovation and Powering the Future

Millennium Semiconductors India Pvt. Ltd.: Pioneering Excellence in Electronic Components Distribution.

With an illustrious journey spanning 28 years, Millennium Semiconductors India Pvt. Ltd. stands as a beacon in the domain of electronic component distribution. Our portfolio encompasses a diverse range of active, passive, wireless communication, power, and electromechanical products and Specialty Chemicals and Materials.

What sets us apart is our unwavering commitment to operational excellence paired with innovative business solutions, ensuring we not only meet but exceed our customers' expectations.

Credibility & Recognitions: As an ISO 9001:2015 certified company, our credentials are further accentuated by recognitions from esteemed institutions such as Dun & Bradstreet, CRISIL, and the distinction of being a Great Place to Work.

Our Distinctive Edge:

• R&D Centre: Spearheading innovations and advancements.

• Design Excellence: From the nascent concept to prototype or production, tailored to specific needs.

• Optimization: Upgrading designs for enhanced features and cost-effectiveness.

• Re-engineering: Revamping projects for cost reductions and functional enhancements.

• Component Expertise: Recommending proven components for precise applications and providing embedded design support.

• Training Initiatives: Collaborative technical sessions with suppliers to enhance product understanding.

• IoT Enablement: Driving the future with IoT solutions for industrial and smart devices.

• Robust Supply Chain: Ensuring consistent and timely deliveries.

• Flexible Billing: Offering multi-currency billing options.

• Systematic Approach: Leveraging tools like Salesforce, SAP S4 Hana, WMS, and our dedicated Customer Portal.

At Millennium Semiconductors, our essence is to provide a holistic solution, affirming our position as the premier choice in our domain.

Millennium Semiconductors, we're not just a provider; we're your partner in progress.

For More Details Visit - https://www.millenniumsemi.com/

#electronic components distributor #semiconductors distributors #lora module

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tsasocial · 6 days

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Cosmo First reports improvement in March’24 quarter results

The improvement in EBIDTA has been made possible with higher specialty sales as well as an improvement in domestic BOPP film margins (effective March 2024). The industry margins for BOPET film (about 8% of the Company’s FY24 sales) continued to remain in the negative zone. For BOPET film, the Company is focussed on profitable specialty films / shrink films to achieve EBITDA breakeven.

The Q1, FY25 outlook for BOPP margins remains steady at March 2024-month level. Further, the Company is expecting improved sales of speciality BOPP films as well as a reduction in costs.

During the quarter, the Specialty Chemical subsidiary’s EBITDA has also improved due to enhanced realization of chemical coatings. The Cosmo Specialty Chemical should deliver double-digit EBITDA and 20%+ ROCE in FY25.

During the quarter, the Company’s credit rating has been re-affirmed by CRISIL as AA- with a stable outlook.

The Board has recommended a dividend of Rs.3 per share.

Commenting on Company’s performance Mr. Pankaj Poddar, Group CEO, Cosmo First Ltd said “The Company’s focus remains on its specialty business. It shall be further strengthened with the launch of a high-value-added sun control film, Cosmo Sunshield, in FY25. In Zigly, we are focussed on the same-store sales growth.”

#Cosmo First

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optionperks · 27 days

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Apollo, Fortis, Max Healthcare share prices rise 42-84% in a year: Should you Buy, Sell or Hold? Here's what experts say

Apollo Hospitals Enterprise Ltd, Fortis Healthcare , Max Healthcare Institute share prices have seen 42-84% gains during last year. The gains have been led by improved earnings outlook in the back of rising occupancy, increasing inpatient procedures, return of medical tourism and other such reasons have led to improvement in Average revenues pr operating bed (ARPOB). Apollo Hospitals Enterprise Ltd, Fortis Healthcare , Max Healthcare share prices also have benefit from rising capacities as expansions continue being carried out by them. The outlook on growth momentum remains robust say analysts. CRISIL Ratings expect a double-digit revenue growth for Hospitals led by healthy occupancies and rising ARPOB. The revenue growth for private hospitals is expected to strong at 11-12% in fiscal 2025 after strong growth in fiscal 2024 which is estimated to have touched 14%. Its not only revenues but profits that will also get a boost. Better operating leverage will likely offset a cost ramp-up related to additional capacity, allowing operating profitability to remain stable at 16–17% in fiscal 2025, as per CRISIL. This will ensure that even when capital expenditures remain significant, cash generation will remain robust and dependency on external debt would be minimized. Thus, credit profiles will remain steady.

To know daily updates on stock market, check our website www.optionperks.com

#optionstrategybuilder #optionperks #investing stocks #stock trading

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connectpeoplework-blog · 4 months

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BramhaCorp Ltd stands as a trailblazing force in the realty, hospitality, retail, and leisure sectors. Based in Pune, this esteemed business group has evolved significantly over its 40-year journey under visionary leadership. Notable achievements include introducing the premium hospitality brand Le Meridien (now Sheraton Grand) to Pune and establishing the city's first lifestyle leisure club, "The Residency Club."

In 2003, BramhaCorp set a new standard with its first high-tech residential gated community, "Sun City." The F Residences in Kalyani Nagar, recognized as the world’s first Fashion Condos in collaboration with FashionTV, and being ranked among the TOP 15 Real Estate Developers in Western India by CRISIL are just a few milestones contributing to their prominence in the industry.

In an active growth mode, BramhaCorp envisions itself as one of the finest real estate companies in India, with over 2,000 residential apartments and four new hotels in the pipeline. Future plans include mixed-use developments, integrated townships, upscale residences, and commercial spaces. Customer satisfaction is their top priority, and the company's real equity lies in the endorsements from satisfied customers. Exhibiting their projects at the CREDAI MCHI Property Expo 2024 at the Jio Convention Center emphasizes their commitment to surpassing customer expectations each day.

@cpwworld

@bramhacorprr2222

@bramha_corp

@credaimchi

@jioworldcentre

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wealthview · 5 months

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Agilus Diagnostics IPO Date, Price, GMP, Company profile, financials & risks: Dec 23

New Post has been published on https://wealthview.co.in/agilus-diagnostics-ipo/

Agilus Diagnostics IPO Date, Price, GMP, Company profile, financials & risks: Dec 23

Agilus Diagnostics IPO: Agilus Diagnostics Limited, formerly known as SRL Limited, is a leading diagnostics service provider in India. It boasts the largest network of laboratories in the country, offering a comprehensive range of tests across various specialties. Agilus operates in a rapidly growing Indian diagnostics market, fueled by rising healthcare awareness, increasing disposable income, and an aging population.

Agilus Diagnostics IPO Key Details:

Offer type: Offer for Sale (OFS) by existing shareholders (International Finance Corporation, NYLIM Jacob Ballas India Fund III LLC, and Resurgence PE Investments Ltd) – no fresh capital being raised by the company.

Issue Dates: Yet to be announced.

Offer Size: Up to 142.3 million equity shares.

Price Band: Not yet determined.

Also Read: How to Apply for an IPO?

#Allotment Details #Company Profile #Financial Performance #Investment #IPO date #Lot Size #UPCOMING IPO #IPO #News

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rajavelu332 · 5 months

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What Is Commercial Paper – The Beginner’s Guide

What is Commercial Paper?

Commercial papers are debt instruments issued by corporations to finance their short-term liquidity needs. These liquidity needs can be for funding working capital, enabling operations or financing inventory, or meeting payroll expenses. Of late, it is gaining in popularity as a fixed-income investment in India.

Why do companies issue commercial papers instead of borrowing from banks?

Companies issue commercial papers as a form of short-term financing because it is a source of diversified and flexible fundraising from individual investors.

Who can issue commercial papers?

Banks, NBFCs, financial institutions, foreign corporations, and other such entities issue commercial papers. The issuer entities generally undergo the due diligence of credit rating agencies like CRISIL (Credit Rating Information Services of India Ltd.), ICRA (Investment Information and Credit Rating Agency of India Ltd.), and CARE (Credit Analysis and Research Ltd.) to evaluate their credibility and financial health.

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financialbizz · 8 months

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CRISIL to Acquire Bridge To India Energy Pvt. Ltd. in Strategic Move

The acquisition will enhance CRISIL’s positioning in the renewables and new energy sector. Strategic CRISIL Deal CRISIL, an S&P Global company, has recently announced that it will acquire Bridge To India Energy Private Limited, a leading renewable energy consulting and knowledge services provider to financial and corporate clients worldwide. Bridge To India offers its clients a 360-degree view…

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#CRISIL #Latestnews #News

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jiraafinvestment1 · 1 year

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What Is Commercial Paper – The Beginner’s Guide

What is commercial paper?

Commercial papers are debt instruments issued by corporations to finance their short-term liquidity needs. These liquidity needs can be for funding working capital, enabling operations or financing inventory, or meeting payroll expenses. Off late, it is gaining in popularity as a fixed-income investment in India.

Why do companies issue commercial papers instead of borrowing from banks?

Companies issue commercial papers as a form of short-term financing because it is a source of diversified and flexible fundraising from individual investors.

Who can issue commercial papers?

Banks, NBFCs, financial institutions, foreign corporations, and other such entities issue commercial papers. The issuer entities generally undergo the due diligence of credit ratings agencies like CRISIL (Credit Rating Information Services of India Ltd.), ICRA (Investment Information and Credit Rating Agency of India Ltd.), and CARE (Credit Analysis and Research Ltd.) to evaluate their credibility and financial health.

What is the general tenure of commercial papers?

Commercial papers are debt tools with tenure as short as 7 days but not more than one year.

Are commercial papers secured?

Commercial papers are unsecured debt instruments with a promise of repayment on the maturity date. The issuer of the commercial paper promises to pay the purchaser a specified amount in cash at a future date without any collateral or assets backing the payment.

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#best investment plan for 3 years #best bonds in india #safe investments with high returns in india #bonds and debentures #short-term investment plans with high returns in India

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its-all-business · 1 year

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Best Car Leasing Companies In India

Owning a vehicle is the most common method of obtaining a car for daily commuting. However, as the market changes, there are other alternatives to owning a vehicle, one of which is leasing a vehicle from a car leasing firm. If you are not prepared to invest a large sum of money in a brand new vehicle, car leasing is an excellent option.

1. ALD Automotive Pvt. Ltd.

ALD Automotive provides business vehicle leasing and mobility solutions that fit your company's needs under the guidance of Suvajit Karmakar. Plus, they give their employees lots of perks, like tax breaks, pay-as-you-go, and quick upgrades.

Also Read: Top 5 Car Leasing Companies In India

2. Poonawalla Fincorp

Are you looking for an all-in-one auto leasing company? If so, you've come to the right place! From small businesses to big ones who want to add cars to their fleets for business or employee perks, Poonawalla Fincorp is a great choice. The company is run by Abhay Bhutada, the Managing Director and it recently got the CRISIL AAA rating.

Also Read: Financial Planning Tips For Small Business Owners

3. Avis Lease

Avis Lease is one of the most innovative car rental companies in the world. With over 16 years of experience, Avis Lease has established itself as one of the most trusted car rental and leasing companies in India. Avis Lease provides high-quality, reliable, and transparent car rental and leasing services to individuals and corporate clients in India. We offer short-term as well as long-term transportation solutions.

4. ORIX

Started in 1995, OAIS is a subsidiary of ORIX Corporation, which is a Japanese company. With Sandeep Gambhir as its MD, the company is a leader in leasing and transportation in India, providing clients with innovative solutions to help them reach their goals.

Summing Up

The four best car leasing companies in India are listed above. If you are looking to lease a vehicle, these companies should be your first choice.

#car leasing #car leasing companies #auto leasing #transportation solutions #car leasing companies in India

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globalsharetarget · 1 year

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Five Star business finance share price

Five Star business finance ltd company NBFC फाइनेंस सेक्टर की कम्पनी है। कम्पनी का ज्यादातर बिजनेस साऊथ इंडियन में देखने को मिलता है। कम्पनी छोटे कारोबारियों को लोन प्रोवाइड करवाने का काम करती है। देश के 150 जिलों में कम्पनी की कुल 311 ब्रांच हैं। कम्पनी का मुख्यालय चेन्नई में है।

CRISIL की एक रिपोर्ट के मुताबिक कम्पनीं की कर्ज देने की प्रणाली दुसरी सबसे अच्छी प्रणाली है। अगर हम कम्पनी की फाइनेंशियल कंडीशन पर एक नजर डालें तो पिछले तीन सालों में कम्पनी की सेल्स में 46% Compounded Sales Growth देखने को मिला है और इस समय के दौरान कम्पनी की सेल्स 196 करोड़ रुपए से बढ़कर 1250 करोड़ रुपए हो गया है।

कम्पनी के ऊपर इस समय पर 2520 करोड़ रुपए कर्ज देखने को मिलता है और कम्पनी के पास 4000 करोड़ रुपए का कैश रिजर्व भी देखने को मिलता है।

आइए अब हम लोग कम्पनी के बिजनेस माडल की भविष्य में ग्रोथ के अवसर और कम्पनी के दुसरे फंडामेंटल्स के आधार पर यह अनुमान लगाने का प्रयास करेंगे कि भविष्य में Five Star business finance share price target क्या हो सकता है?

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bondsindia · 1 year

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Indiabulls Housing Finance Limited NCD IPO 2022 – Apply Now

Indiabulls Housing Finance Ltd (IBHFL) is one of the largest housing finance companies (HFCs) in India in terms of AUM. It is a non-deposit-taking HFC registered with the National Housing Board (NHB). IBHFL focuses primarily on long-term secured mortgage-backed loans.

Get all the information about upcoming Indiabulls Housing Finance limited IPO. Read the company details latest information and be updated on the new offers related to ncd IPO. INDIABULLS HOUSING FINANCE LIMITED is opening it's gates for NCD IPO bidding from 1st December 2022. 🥳️ ✅With the credit rating of "AA/ stable by CRISIL & ICRA" and a yield of up to 9.30+ 0.50%*, it comes with a tenure of up to 60 months.

So what are you waiting for??

Click the link below:👇

Apply Now

#upcoming ipo #ipoalert #ncdipo #ipoupdates #fixedincome #stayalert #Indiabulls Housing Finance Limited #finance

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khaitanlegal · 2 years

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Resolving the NPA Conundrum: Bad Bank to the Rescue

The Launch

Indian policymakers have wrestled for more than a few decades to solve the twin balance sheet problem of overleveraged companies and bad-loan-encumbered banks. Indecisiveness, delays in resolution of bad loans and reaching consensus have resulted in unprecedented challenges. Consequently, banks evergreen non-performing assets (“NPAs”) while credit and investment functions take a back seat. Taxpayer’s money is put to risk as public sector banks breach solvency and need to be recapitalized by the Government. Various agencies such as CRISIL and ASSOCHAM have signaled the rise of gross NPAs of banks to 8–9% in the fiscal 2021–22 and stressed assets to 10–11%. The regulator itself has indicated a sharp increase in NPAs of scheduled commercial banks to 9.5% by September 2022.

Currently, the legal framework for resolution of NPAs include the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (“SARFAESI”), resolution frameworks released by the Reserve Bank of India (“RBI”) and the Insolvency and Bankruptcy Code, 2016 (“Code”). The Code has to a large extent dealt with the problem of businesses overleveraging assuming there will be no consequence of default. The Code also facilitates businesses functioning as a going concern while the resolution of NPAs is effected.

In this backdrop the Government has now created a new mechanism to deal with the NPA problem — the “Bad Bank”. The idea to have a centralized public sector asset rehabilitation agency was conceived through the Economic Survey in 2016–17. It was proposed that the Bad Bank would take charge of the largest and most difficult NPAs and make politically tough decisions to reduce NPAs. In 2017, Dr. Viral V Acharya, Deputy Governor, RBI, in his speech highlighted potential of a bad bank to resolve NPA induced stress in the economy. Finally, in the Union Budget 2021–22, the Government announced creation of an asset reconstruction company (“ARC”) and an asset management company (“AMC”) to implement such recommendations. The intention is that the ARC consolidates and takes over the existing NPAs of public sector banks and the AMC manages and disposes of such NPAs to entities such as alternative investment funds and other potential investors, unlocking value.

2. Regulation and Function

Pursuant to the budget announcement, the Government has incorporated the National Asset Reconstruction Company Limited (“NARCL”). It is said that NARCL will acquire NPAs worth INR 2 lakh crore from various commercial banks in a phased manner. Additionally, the India Debt Resolution Company Ltd (“IDRCL”) has also been set up with the purpose of selling such NPAs in the market. The twin structure of NARCL-IDRCL is proposed to be the “Bad Bank”. NARCL is registered as an ARC and will be regulated by the RBI under the auspices of SARFAESI.

It is proposed that NARCL will purchase NPAs from public sector banks by paying 15% of the agreed price in cash and for the remaining 85%, NARCL will issue security receipts. It is further proposed that IDRCL will be responsible for resolution and sale of such NPAs. The consequent receipts will be utilized to redeem the security receipts. The Government will provide credit support to the Bad Bank through a guarantee of INR 30,600 crore for 5 years, guaranteeing recovery of such NPAs. Accordingly, the structure ensures the highest credit rating for the security receipts issued by NARCL, while differing the obligation of the Government to recapitalize public sector banks.

3. The Regulatory Roadblock

“Asset Reconstruction” as defined in Section 2 (1) (b) of SARFAESI, provides for the acquisition and resolution function of an ARC under the same legal entity. Accordingly, the RBI has recently opposed the proposed dual structure (i.e., one arm that acquires assets (NARCL) and the other arm that resolves such assets (IDRCL)) of the Bad Bank due to lack of statutory powers to regulate the same under SARFAESI. It is also not clear what will be the valuation/transfer price of NPAs from NARCL to IDRCL.

To overcome this issue, a principal-agent relationship between NARCL and IDRCL is being proposed. Under this agency, it is proposed that NARCL will engage IDRCL and outsource resolutions of NPAs (which would not be binding on NARCL) to IDRCL.

In the first structure elucidated above, there is lack of clarity on the relationship between NARCL and IDRCL and also on statutory sanctity. The second structure provides for a principal-agent relationship between the two. At the outset, the second structure, by virtue of the inherent nature of the “principal-agent” relationship, makes IDRCL accountable to NARCL. Whenever the relation of agency is created, there attaches prima facie to each party a number of duties, liabilities and disabilities-the normal incidents of agency.

In this context, the example of South Korean “bad-bank” structure adopted during the Asian Financial Crisis of 1997 is worth mentioning. At that time, South Korea’s NPAs stood at a glaring 18% of total loans, against present best-in-class 0.5%. The bad bank was called Korea Asset Management Corporation (“KAMCO”) which was state backed with a 5-year sunset window. However, it was not just the KAMCO structure which resolved the NPA stress, South Korea also adopted various other policy measures. These included harmonized information technology system for reporting NPAs by banks, online platform for auctions of NPAs, database of recoveries based on past auction and court-recovery results, which helped provide future basis for pricing NPAs and formula-based pricing to minimize valuation disagreements.

4. Conclusion

While ARC’s have been in existence since early 2000, the proposed “Bad Bank” backed by the guarantee of the Government of India ensures transferring banks will receive the amounts committed by NARCL and perhaps more, thereby resulting in a tradeable security of the highest credit rating and an indirect recapitalization of the transferring bank by the Government. The structure also frees the Bad Bank to deal with purchased NPAs without interference from transferring banks and permits a controlled wind down of such NPAs including through resorting to IBC proceedings or by creating a market for purchase of stressed assets by interested parties, thereby resulting in value maximization. Additionally, the structure will also permit closer interactions with the Government and facilitate policymaking, based on experiences and market demand.

If history is any guidance, there will be gaps between intention and implementation. This is a space to watch. Were the Bad Bank to succeed in cleaning up the NPA mess as intended, the results are for all to see in the South Korean example.

#corporatelawfirmsinmumbai #toplawfirmsinmumbai

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punepropertyservice · 2 years

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BAJAJ HOUSING FINANCE HOME LOANS AGENCY, PUNE PROPERTY SERVICE, [email protected], +917020787851

Bajaj Housing Finance - Home Loan, Loan Against Property & More,