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.
The government of India has in principle agreed to the privatization of Public sector banks (PSBs). This decision was much awaited by the industry but there are a lot of questions and uncertainties relating to this. We will discuss the objectives of privatization, its impact, and whether the desired results are achievable.
This post is part of a bi-monthly series bought to you by Ayushi Mona for InsideIIM called 'Headstart'. This is the seventh post in the early career series. Read the previous article here.
Rahul Subramanian, Kumar Varun, Abhishek Upmanyu, Sumit Anand, Rahul Dua, all these names have two things in common. One, they all are MBA grads and were in a well-paying job before entering the stand-up ecosystem. Second, they all are pursuing their second career, that is of course, Stand-up comedy.
IIM Bangalore's final placement report for the PGP batch of 2021 has now been released! This year, MBA students received a total of 481 offers from participating recruiters including Accenture Strategy, Amazon, Bain & Company, Goldman Sachs, McKinsey & Company, BCG, and Microsoft amongst others. This year, a total of 120 companies participated in the final placements process at IIM Bangalore. Here are the key highlights and important details from IIM Bangalore's final placement report for the PGP batch of 2019-2021.
Ridhima Arora is a typical 90s kid who after a good board result was told by the well-wishers to opt for a B.Tech and then go for an MBA. While she was clueless why she opted for B.Tech like many engineers in our country, she looks at her MBA journey as a step towards starting her own business from scratch. A health scare to her father forced her to quit her corporate job and made her spend some time with him in the hospitals. It was here that she thought of a business idea that would not only become a success story but will pave the way for her passion of establishing a business of her own.
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.
The government of India has in principle agreed to the privatization of Public sector banks (PSBs). This decision was much awaited by the industry but there are a lot of questions and uncertainties relating to this. We will discuss the objectives of privatization, its impact, and whether the desired results are achievable.
This post is part of a bi-monthly series bought to you by Ayushi Mona for InsideIIM called 'Headstart'. This is the seventh post in the early career series. Read the previous article here.
Rahul Subramanian, Kumar Varun, Abhishek Upmanyu, Sumit Anand, Rahul Dua, all these names have two things in common. One, they all are MBA grads and were in a well-paying job before entering the stand-up ecosystem. Second, they all are pursuing their second career, that is of course, Stand-up comedy.
IIM Bangalore's final placement report for the PGP batch of 2021 has now been released! This year, MBA students received a total of 481 offers from participating recruiters including Accenture Strategy, Amazon, Bain & Company, Goldman Sachs, McKinsey & Company, BCG, and Microsoft amongst others. This year, a total of 120 companies participated in the final placements process at IIM Bangalore. Here are the key highlights and important details from IIM Bangalore's final placement report for the PGP batch of 2019-2021.
Ridhima Arora is a typical 90s kid who after a good board result was told by the well-wishers to opt for a B.Tech and then go for an MBA. While she was clueless why she opted for B.Tech like many engineers in our country, she looks at her MBA journey as a step towards starting her own business from scratch. A health scare to her father forced her to quit her corporate job and made her spend some time with him in the hospitals. It was here that she thought of a business idea that would not only become a success story but will pave the way for her passion of establishing a business of her own.
