I explaining how what is market capital, market cap index, free float or investible weight, adjusted market cap, index divisor, formula for computing market index etc.
We have a strong relationship for over 3 years with a reputed client, with 2 mission critical systems delivered and being maintained by us. We get multiple repeat orders from them every year. I thank them for their business. We were recently restricted from bidding for a relatively large project by the client saying that we are too small to bid for the project. The BRD for the project is written by us. This almost felt like a slap for providing delighting service to the customer over years at a price no one can beat! I don’t know how to react and hence this blog post. The lesson I learned from this is that its not always timely service at reasonable cost with good technical capabilities (overall, proven track record) and personal relationships, that help you grow. There are other factors at play beyond pure value-proposition that determine the choice of a vendor. Immediate reaction to this was that we increased our pricing to make sure we increase our profitability, as that i...
Some of this may sound repetitive but is increasingly relevant with each passing day. Considering the way, the Internet is evolving and engulfing various aspects of life, soon we may have one gigantic network, and any screen for all of the following, and more… · Information (the Web) · Communication (phone, email, chat, instant messaging - Whatsapp) · Entertainment and media (Videos, TV, Movies, Media, Social Media) · Education (information and knowledge as text, images, video and audio) · Commerce (Catalogs, Banking, payments) · Maps and Navigation (GIS, GPS, Uber and Ola) · Tourism and hospitality (Trip Advisor, Yelp, AirBnB!) · Healthcare (Telemedicine) · ...
Let me start with a disclaimer that I am not an expert in Banking or Finance. In fact, as my family and some of my friends know, I am pretty bad at handing and managing money. Having admitted that, while thinking about subprime crisis and reading about ponzi schemes and loan defaults by some of the well known so-called Indian industrialists, I started wondering if the idea of lending and borrowing and the greed is the root cause of all this evil. Being a hardcore Hindu, the best thing I like about Islam, is the principle that lending and borrowing for interest are sins! Perfect! I think at least half the financial troubles in the world may disappear if just this one rule is put in place. If not complete ban at least there has to be a ceiling on the amount that can be borrowed or lent, to help in case of emergencies, and education for deserving student. Below are some of the consequences I could think of, of such a move. Farmers in India may stop committing suicide be...
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