magicinfopot-blog

[magicinfopot-blog]

New Post has been published on Magic Info Pot

New Post has been published on http://www.magicinfopot.com/can-axis-bank-match-price-multiple-hdfc-bank/

Can Axis Bank match the price multiple of HDFC Bank?

Private banking is one of the most lucrative sectors as of now and it seems smart money has already picked its bet—Axis Bank. The lender has rallied over 20 percent so far in 2019 compared to a little over 6 percent rise in its peer HDFC Bank, data showed.

On a one-year basis, Axis Bank has gained nearly 40 percent while HDFC Bank has risen 18 percent in the same period. Axis Bank is well placed to generate best-in-class return ratios, a global investment bank said in a report.

UBS examined whether Axis Bank can deliver strong growth and profitability at a lower risk when compared to HDFC Bank. Well, the result suggests former is due for a re-rating and is the preferred pick among the financials.

“We expect Axis growth and profit differential with HDFC Bank to narrow over FY19-22, driven mainly by Axis’ favourable loan mix change, gains from its physical/digital network and lower credit costs,” it said.

So, will it get re-rated to 3x P/BV? UBS feels that it could, but only if it reduces its risk profile over the next two to three years.

“We lower our FY19 earnings estimate by 24 percent due to higher provisions, and raise it by 4 percent for FY21,” the report added.

UBS maintained its buy rating on Axis Bank but raised its 12-month target price to Rs 1,010 from Rs 780 earlier, which translates into an upside of over 30 percent from April 11 close of Rs 752 on the BSE.

Can Axis Bank bridge the ROA differential with HDFC Bank?

Axis Bank return on assets (ROA) differential with HDFC Bank is due largely to the gap in the net interest margin (NIM) and credit costs whereas fee income and opex are small contributors.

UBS analysis suggests that a 128bps ROA differential in FY19E could narrow to 20bp by FY22E. UBS includes a potential capital-raising of $2.75 billion (10 percent equity dilution) which would add 330bp to its Tier-1 capital.

Potential for share price to double in 3 years:

A quick look at the history suggests that HDFC Bank’s success over the past 20 years has been linked to consistent performance. The bank sustained a 3x P/BV (or 18x PE).

Going forward, UBS is of the view that the bank should deliver 20 percent EPS growth, 18 percent ROE and have steady earnings (low credit/liquidity risk) in addition to solid management. In the past five years, HDFC Bank has traded at an average 3.4x P/BV and 18.5x PE.

UBS believes that Axis Bank could gradually re-rate to 2.9x P/BV. It will also track: 1) consolidation stage; 2) reacceleration of growth and cost efficiency; 3) higher profitability, and 4) evidence of a reduced risk profile.

In the next 30 months, UBS believes that the stock could be valued at Rs 1,500 that is 2.9x FY23E PBV. On the other hand, the key risk to the thesis is execution failure, which is UBS downside scenario, where UBS value the stock at Rs 660, implying 1.8x FY21E P/BV (without capital-raising).

Disclaimer: The views and investment tips expressed by investment expert on Moneycontrol.com are his own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

[magicinfopot-blog]

New Post has been published on Magic Info Pot

New Post has been published on http://www.magicinfopot.com/murali/murali-post-1/

murali post 1

murali post one, murali post one

[magicinfopot-blog]

New Post has been published on Magic Info Pot

New Post has been published on http://www.magicinfopot.com/kids-corner/new-kids-stories/

New Kids Stories

New Kids Stories, New Kids Stories New Kids Stories New Kids Stories New Kids Stories New Kids Stories New Kids Stories New Kids Stories New Kids Stories New Kids Stories New Kids Stories New Kids Stories New Kids Stories New Kids Stories New Kids Stories New Kids Stories New Kids Stories New Kids Stories New Kids Stories New Kids Stories New Kids Stories

[magicinfopot-blog]

New Post has been published on Magic Info Pot

New Post has been published on http://www.magicinfopot.com/murali/murali-post/

Murali Post

Murali Post Murali Post Murali Post Murali Post

[magicinfopot-blog]

New Post has been published on Magic Info Pot

New Post has been published on http://www.magicinfopot.com/business/murali-test/

Murali Test

Murali Test Murali Test Murali Test Murali Test

[magicinfopot-blog]

New Post has been published on Magic Info Pot

New Post has been published on http://www.magicinfopot.com/kids-corner/the-hare-and-the-tortoise/

The Hare and the Tortoise

The Hare and the Tortoise

There once was a speedy Hare who bragged about how fast he could run. Tired of hearing him boast, the Tortoise challenged him to a race. All the animals in the forest gathered to watch.

The Hare ran down the road for a while and then paused to rest. He looked back at the tortoise and cried out, “How do you expect to win this race when you are walking along at your slow, slow pace?”

The Hare stretched himself out alongside the road and fell asleep, thinking, “There is plenty of time to relax.”

The Tortoise walked and walked, never ever stopping until he came to the finish line.

The animals who were watching cheered so loudly for Tortoise that they woke up the Hare. The Hare stretched, yawned and began to run again, but it was too late. Tortoise had already crossed the finish line.

Moral: Slow and steady wins the race.

Addition 1

After being defeated by the tortoise, the hare did some soul-searching. He knew that though he had tried hard in the beginning, he was not consistent, and had grown overconfident. He was determined to undo his mistakes, and invited tortoise for another race. This time, the rabbit was careful to run the whole distance, and of course, emerged the winner.

Moral: Fast and consistent may be better than slow and steady.

[magicinfopot-blog]

New Post has been published on Magic Info Pot

New Post has been published on http://www.magicinfopot.com/uncategorized/my-new-post/

My new Post

My new Post My new Post

[magicinfopot-blog]

New Post has been published on Magic Info Pot

New Post has been published on http://www.magicinfopot.com/uncategorized/mahabharata-considered-longest-epic/

Why is the Mahabharata considered to be the longest epic of all time?

Longest Epic of Mahabharata

Every Indian child would has probably heard about the Mahabharata, for this magnificent epic has been told and retold over thousands of years, return and return, and made into plays, dance dramas and TV serials.

It is the story of the great war that ended one epoch and begin another. The story, which believed to have been return first by the Sage Vyasa, revolves around the feud and battles waged by the children of two brothers. The Gods play and important role in this saga has they offer assistance and advice to the mortals.

Complex Philosophy – Mahabharata

The Mahabharata contains more than 1.8 million words, spread over 74,0.000 distinct verses, making it the longest epic in the world it covers a great deal of subjects, ranking from symbol history to complex philosophy.

The greatest of Mahabharata has been summed up in its opening stanza that states “What is found here may be found elsewhere. What is not found here will not be elsewhere.”

[magicinfopot-blog]

New Post has been published on Magic Info Pot

New Post has been published on http://www.magicinfopot.com/kids-corner/stories/mahabaratha-considered-longest-epic-time/

Why is the Mahabarata considered to be the longest epic of all time?

Longest Epic of Mahabarata

Every Indian child would has probably heard about the Mahabarata, for this magnificent epic has been told and retold over thousands of years, return and return, and made into plays, dance dramas and TV serials.

It is the story of the grate war that ended one epoch and begin another. The story, which believed to have been return first by the Sage Vyasa, revolves around the feud and battles waged by the children of two brothers. The Gods play and important role in this saga has they offer assistance and advice to the mortals.

Complex phylosophy – Mahabarata

The Mahabarata contains more than 1.8 million words, spread over 74,0.000 distinct verses, making it the longest epic in the world it covers a great deal of subjects, ranking from symbol history to complex phylosophy.

The greatest of Mahabarata has been summed up in its opening stanza that states “What is found here may be found elsewhere. What is not found here will not be elsewhere.”

[magicinfopot-blog]

New Post has been published on Magic Info Pot

New Post has been published on http://www.magicinfopot.com/news/free-eye-screening-camp-feb-6/

Free eye screening camp on Feb 6

Jaimaa Trust (an NGO, Vadapalani) organized free eye screening camp from 9.30 a.m to 12.30 p.m on Monday, Feb.6 at Sree Krishna Nursery & Primary School, 6, Nagathamman Street, Mettupalayam Road, West Mambalam, near Govindan Road.

A team of doctors from Sankara Netralaya will examine the patients. Anybody can walk in to the camp and undergo free eye screening in terms of visual assessment, eye pressure checkup, retinal imaging and counselling on eye related problems.

Free cataract surgeries will be operated at Sankara Natralaya Hospital for the diagnosed patients in the camp.

Those who are interested may register their names in phone 98842 84348.

Time: 9.30 a.m to 12.30 p.m

Date: Monday, Feb 6, 2017

Venue:

Sree Krishna Nursery & Primary School, 6, Nagathamman Street, Mettupalayam Road, West Mambalam, near Govindan Road.

[magicinfopot-blog]

New Post has been published on Magic Info Pot

New Post has been published on http://www.magicinfopot.com/edu-jobs/stop-sending-indians-h-1b-visas-says-narayana-murthy/

stop sending people on H-1B visas

Infosys co founder N. R. Narayana Murthy has said that Indian software companies need to stop sending people on H-1B visas+ and focus on local hiring in the US. The statement was made amid rising concerns over Donald Trump administration`s proposals to restrict inflow of foreign workers.

Speaking to a national TV channel, Mr. Murthy said, By and large Indian mindset is always to take the soft option. Becoming multi- cultural is not easy and is a very, very hard option. They (Indian software companies) must recruit American residents in the US, Canadians in Canada, British people in Britain etc. That`s the only way, we can become a true multi-national company and in order to do that, we should stop using H1-B visas and sending a large number of Indians to those countries to deliver services.

Recruitment from colleges should be done and local people be trained to add value to Indian companies. I think even if the executive order comes, we should look at it more as opportunity for Indian companies to become more multi-cultural than we have been, rather than looking at it as a lacuna. I think by and large, the Indian mindset is always to take the soft option. Becoming multi-cultural is a very, very hard option, it`s not easy. Our managers will have to learn with non-Indian professionals, how to get the best out of them, how to work in teams that are multi-cultural, how to make sure that we understand the rules of crossing cultures. This is the only way to remove the risk of government mandating things like the executive order.

[magicinfopot-blog]

New Post has been published on Magic Info Pot

New Post has been published on http://www.magicinfopot.com/health-beauty/coconut-water-healthy/

Is Coconut water healthy?

Coconut water is the naturally occurring liquid inside young, green coconuts. It has 0 fat, 0 cholesterol and is low in calories. The main benefit of coconut water is that it is full of electrolytes to hydrate and replenish you after a workout, a hot day, or a long night of drinking.

Coconut water has more potassium than a banana, and 15 times the amount found in traditional sports drinks. Potassium helps prevent muscle cramping.

Some coconut water companies add juice to flavor their product, which can result in a lot of added sugar and calories, so you’ll want to avoid that, but pure coconut water is a great alternative to artificial sports drinks and other sugary beverages.

[magicinfopot-blog]

New Post has been published on Magic Info Pot

New Post has been published on http://www.magicinfopot.com/technology/whatsapp-will-no-longer-work-phones-attention-please/

WhatsApp Will No Longer Work On These Phones - Attention Please !

WhatsApp is ending its support to a number of devices from December 31. Check out the list of devices that will no longer run WhatsApp post- December 31, 2016

Attention! WhatsApp Will No Longer Work On These Phones

It might be bad news for few WhatsApp users! The company is ending support to a number of devices which will no longer be able to run WhatsApp from December 31. That means if you are right now using older smartphones then you need to replace it right before the year 2016 ends.

As we all know WhatsApp is the most popular messaging services which are currently used by more than 95% of smartphone owners in India. There is a good news too! WhatsApp will not block users having old smartphones. But, users will not get upcoming features.

WhatsApp on its official blog said “As we look ahead to our next seven years, we want to focus our efforts on the mobile platforms the vast majority of people use. So, by the end of 2016, we will be ending support for WhatsApp Messenger on the following mobile platforms”

The devices that will no longer get support from WhatsApp are:

BlackBerry OS and BlackBerry 10

Nokia S40

Nokia Symbian S60

Android 2.1 and Android 2.2

Windows Phone 7.1

iPhone 3GS/iOS 6

WhatsApp had mentioned that these devices are an important part of their story. However, the devices no more offer the kind of capabilities and they need to expand their app’s features in the future

WhatsApp in the blog said, “This was a tough decision for us to make, but the right one in order to give people better ways to keep in touch with friends, family, and loved ones using WhatsApp.”

So, those who are using older phones need to upgrade to a newer Android, iPhone or Windows Phone to continue using WhatsApp after December 31, 2016.

[magicinfopot-blog]

New Post has been published on Magic Info Pot

New Post has been published on http://www.magicinfopot.com/news/indias-top-20-richest-people-2016/

India's Top 20 Richest People in 2016

Expectedly, Reliance Industries Chairman Mukesh Ambani, with a net worth of $22.7 billion, has been named India’s richest man yet again by Forbes. The Forbes’ annual India rich list ranks Sun Pharma chief Dilip Shanghvi and the Hinduja brothers in the second and the third spots. However, the list also throws up some unexpected names. Here are India’s 20 richest people:

Rank 13

Gautam Adani Chairman and founder of Adani Group Net Worth $6.3 Billion

  Rank 14

Benu Gopal Bangur Chairman of Shree Cement Net Worth  $5.9 Billion

Rank 15

Anand Burman Chairman of Dabur India, consumer goods Net Worth  $5.85 Billion

Rank 16

Shashi Ruia Chairman and co-founder of Essar Group

Ravi Ruia, Vice-chairman of Essar Group Net Worth $5.8 Billion

Rank 17

Bajaj family – Rahul Bajaj, Chairman of Bajaj Group

Net Worth $5.7 Billion

Rank 18 Subhash Chandra Former chairman of Zee Entertainment Enterprises and chairman of the Essel Group of Companies Net Worth $5.6 Billion

Rank 19 Savitri Jindal Chairperson Emeritus, Jindal Steel & Power Limited Net Worth $5.3 Billion

Rank 20 Desh Bandhu Gupta Founder of generics champ Lupin Pharmaceuticals Net Worth $5.1 Billion

[magicinfopot-blog]

New Post has been published on Magic Info Pot

New Post has been published on http://www.magicinfopot.com/edu-jobs/tamil-nadu-psc-recruitment-2016-17-foreman-16-posts/

Tamil Nadu PSC recruitment 2016-17 Foreman 16 posts

Tamil Nadu PSC recruitment 2016-17 Foreman 16 posts :- Tamil Nadu Public service commission (TNPSC) invites application for the position of 16 Sub – Inspector and Foreman vacancies for direct recruitment. Apply online before 6th October 2016.

Name of post:- Sub – Inspector and Foreman Eligibility:- Diploma, degree Job Location:- Tamil Nadu Last Date:- 6th October 2016

Total No. of Posts:-   16 Posts

Sub- Inspector:- 12 posts

Age Limit:- The age of the candidate should not be less than 18 years and should not be more than 30 years. The age of the applicant should be as on 1st July 2016.

Pay Scale;- Rs  3900 – 34800/- Per Month

Qualification:- Candidates should have possess the associate diploma in fisheries science of the central institute of fisheries education, Bombay or must possess a science degree with zoology as main subject or must possess a degree of bachelor of fisheries science.

Selection Procedure:- The selection of the candidates will be on the basis of written examination and personal interview depending on the number of applications received.

Foreman:- 04 posts

Age Limit:- The age of the candidate should not be less than 18 years and should not be more than 30 years. The age of the applicant should be as on 1stJuly 2016.

Pay Scale;- Rs  3900 – 34800/- Per Month

Qualification:- Candidates should have possess a degree in mechanical engineering or must possess a post diploma in diesel traction issued by the Tamil Nadu state board of technical education and training.

Selection Procedure:- The selection of the candidates will be on the basis of written examination and personal interview depending on the number of applications received.

Application fee:- Candidates are required to pay application fee Rs 100/- as examination fee and Rs 50/- for one time registration. Applicants who have already registered in one time registration system it is enough to pay the examination fee. No fee are required to pay for schedule caste categories candidates (SC) / schedule tribe categories candidates / Differently abled person categories candidates / Destitute widow categories candidates.

How to apply:- Candidates may apply online through official website of Tamil Nadu public service commission www.tnpscexams.net from 9th September 2016 to 6th October 2016.

[magicinfopot-blog]

New Post has been published on Magic Info Pot

New Post has been published on http://www.magicinfopot.com/news/7-30000-people-applied-electoral-cards/

7,30,000 people had applied for Electoral Cards

The first special camp for inclusion of new voters and deletion of names in the voter list was conducted on Sunday at various centres in Tamil Nadu

The second and final special camp will be conducted on September 25 for inclusion of voters who complete 18 years as on January 1, 2017. It was also announced that people can apply online at www.elections.tn.go.in

The Form 6 for the enrolment of names afresh, Form 7 for the deletion of names, Form 8 for making other corrections and Form 8A for the change of address were provided to the voters at the special camps.

Chief Electoral Officer Rajesh Lakhoni said:

The first special camp for inclusion of new voters and deletion of names in the voter list was conducted on Sunday at various centres in Tamil Nadu. 5, 77,675 people had applied for inclusion of names through form 6, 19,852 people had submitted Form 7 for deletion of  names. 86,988 people have submitted Form 8 for correction and 45,577 people have submitted Form 8 for change of address. 48,616 people have applied for enrolment in Kancheepuram District and 39,518 people have applied in Kovai District. Only 3952 people had applied in Nilgiris District. In a single day 7, 30,000 people had applied through online and special camp.

[magicinfopot-blog]

New Post has been published on Magic Info Pot

New Post has been published on http://www.magicinfopot.com/news/train-ticket-reservations-pongal-festival-full-within-10-minutes-counter-opening-14-09-2016/

Train Ticket reservations for Pongal festival 2017 - full within 10 minutes after counter opening - 14.09.2016

The counters for the train ticket booking for the passengers on the occasion of the popular Pongal Festival were closed within 10 minutes as the reservations were full within that short period.

The reservations were open for travel to Kanyakumari, Tirunelveli, and Tuticorin.

The passengers were awaiting eagerly for the counters to open right from 8.00 AM at the Chennai Egmore Railway Station.

The officials told after 10 minutes that all the bookings were full.The remaining passengers were disappointed and had to return without booking tickets.