Regarded amongst India’s most inspiring and influential business leaders, Nandita Gurjar is the perfect example to showcase that it’s never too late to start, identifying what you like and making it big.
An Infosys Moment In SaaS In 1999, Infosys became the first Indian IT company to enlist on the NASDAQ stock exchange with USD 100 million. This event provided the Indian IT industry a jump start it needed to become a global source of IT talent & services and turned its employees into millionaires overnight. Fast forward 22 years, the cloud-based SaaS start-up, Freshworks repeated the history by getting listed on NASDAQ after a billion-dollar IPO. Will this be the herald of a new era of Indian IT’s global dominance or a fluke?
A war can never be an isolated event in the history of time. A conflict between two countries has ripple effects across the world; on the people, finances & economies of the two countries, their neighbours & their active trade partners. Make no mistake, the loss of human lives can never be put on the same pedestal & quantified. But for the sake of this article, let’s look at how has the Russia-Ukraine war affected the world economy & how is the world coping, in plain and simple words.
Introduction
No one could have predicted the extent of the disruptions that would affect every part of our everyday lives when COVID-19 was declared a global pandemic in 2020. All responded in the same way, whether they were high school or university students, new graduates, or seasoned professionals: despair. Despair at the possibility of their foreign travel, internships, and career plans being jeopardized due to COVID-19's unparalleled existence. However, the world has now shifted to a virtual model for meetings, classes, work, etc. With many businesses transitioning to a remote workplace, find out how the experience of working in a virtual environment can actually benefit you in the future.
In order to do a financial analysis of the transaction, I decided to conduct a valuation of the company of Bira 91 craft beer, which is B9 Beverages Pvt. Ltd. The method I used for valuation was relative valuation approach using Enterprise Value multiples.
The Covid driven lockdown pushed many businesses to the brink of a shutdown and considerable losses to many enterprises. There was, however, a silver lining to it, a boom in E-Commerce businesses from the month of June- July. According to the Co-founder Shantanu Das Gupta – notwithstanding the lockdown in March, they are having revenues of 8 Crore INR every month and are well on track to cross the 1 Billion Mark (FY 20-21) (Source – Interview in Financial Express dated 8th Jan 21). This, coupled with the brands offering in the personal health care segment – offering pre-shave and post-shave men products and a new foray into women products created a unique offering to Ricket Benckiser (RB).
The unprecedented situation caused by Covid-19 has disrupted most professions across the globe with accounting and auditing being no exception. Auditors can no longer travel to audited entity premises and their own offices making audits completely remotely. The silver lining to this significant challenge before auditors is that the audit profession was already on a journey to becoming more digital, and the investment in digital capability has allowed many firms and practitioners to adapt to the new circumstances relatively more quickly than other industries.
Regarded amongst India’s most inspiring and influential business leaders, Nandita Gurjar is the perfect example to showcase that it’s never too late to start, identifying what you like and making it big.
An Infosys Moment In SaaS In 1999, Infosys became the first Indian IT company to enlist on the NASDAQ stock exchange with USD 100 million. This event provided the Indian IT industry a jump start it needed to become a global source of IT talent & services and turned its employees into millionaires overnight. Fast forward 22 years, the cloud-based SaaS start-up, Freshworks repeated the history by getting listed on NASDAQ after a billion-dollar IPO. Will this be the herald of a new era of Indian IT’s global dominance or a fluke?
A war can never be an isolated event in the history of time. A conflict between two countries has ripple effects across the world; on the people, finances & economies of the two countries, their neighbours & their active trade partners. Make no mistake, the loss of human lives can never be put on the same pedestal & quantified. But for the sake of this article, let’s look at how has the Russia-Ukraine war affected the world economy & how is the world coping, in plain and simple words.
Introduction
No one could have predicted the extent of the disruptions that would affect every part of our everyday lives when COVID-19 was declared a global pandemic in 2020. All responded in the same way, whether they were high school or university students, new graduates, or seasoned professionals: despair. Despair at the possibility of their foreign travel, internships, and career plans being jeopardized due to COVID-19's unparalleled existence. However, the world has now shifted to a virtual model for meetings, classes, work, etc. With many businesses transitioning to a remote workplace, find out how the experience of working in a virtual environment can actually benefit you in the future.
In order to do a financial analysis of the transaction, I decided to conduct a valuation of the company of Bira 91 craft beer, which is B9 Beverages Pvt. Ltd. The method I used for valuation was relative valuation approach using Enterprise Value multiples.
The Covid driven lockdown pushed many businesses to the brink of a shutdown and considerable losses to many enterprises. There was, however, a silver lining to it, a boom in E-Commerce businesses from the month of June- July. According to the Co-founder Shantanu Das Gupta – notwithstanding the lockdown in March, they are having revenues of 8 Crore INR every month and are well on track to cross the 1 Billion Mark (FY 20-21) (Source – Interview in Financial Express dated 8th Jan 21). This, coupled with the brands offering in the personal health care segment – offering pre-shave and post-shave men products and a new foray into women products created a unique offering to Ricket Benckiser (RB).
The unprecedented situation caused by Covid-19 has disrupted most professions across the globe with accounting and auditing being no exception. Auditors can no longer travel to audited entity premises and their own offices making audits completely remotely. The silver lining to this significant challenge before auditors is that the audit profession was already on a journey to becoming more digital, and the investment in digital capability has allowed many firms and practitioners to adapt to the new circumstances relatively more quickly than other industries.
