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Showing posts from 2020

Biggest Accounting Scandal in 2020 - Wirecard Company, Germany

Hi Everyone, today we will have a look at the biggest accounting scandal of 2020 involving Wirecard company, which has shaken the entire financial market of Germany. “If you want to view this in a short video format, you can visit my channel “Finance Insights” Link: ( https://youtu.be/xV0MM5SK0cI )”    About Wirecard company It is a FINTECH, digital payment processing company. It basically collects customer details at merchant sites while the customer is making payment from his credit or debit cards and then it helps in settlement and processing that transaction. Wirecard saw unprecedented success when in 2018 it found a place in DAX, which is Germany’s main stock market index, bringing its stock market value to $28 bn.    Timeline of events On June 18 th , Ernst and Young said that it was unable to trace 1.9 bn euros in the Wirecard’s accounts. Wirecard initially claimed that money was supposed to be in trust accounts in 2 Philippines banks (BDO Unibank & Bank of the

Why Global Investors are betting Big on JioPlatforms and What is the appeal of Jio Platforms?

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In the past few weeks, we saw many global investors pouring money into Jio Platforms. In this article, I’ll tell you what is the major appeal of the Jio Platform and why it is attracting so much market attention. I will start by mentioning global investors followed by a brief & interesting story on how Reliance introduced Jio Platforms. First, let's have a brief on what this article includes which will help you understand things very well. You can visit the YouTube channel to get this in a short video format. Visit: URL: https://youtu.be/vRgKAgy3m5s Seen the Video? I m pretty sure you have got an idea. Excited to learn more? Let us continue !! Following is the timeline of investments : 22 April: Facebook invests 43,574 crore INR for 9.99% stake (largest investment for a minority stake  by a technology company in the world and largest FDI in the technology sector in India) 03 May: Silver Lake private equity invests 5,655.75 crore INR for 1.15% stake 08 May:

Give a Boost to Your Business Through Digital Marketing Strategies

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Digital Marketing is a type of marketing where electronic devices and the internet are used. In this modern era, everyone has shifted from traditional marketing to digital marketing. The backbone of every business is digital marketing. Businesses are dependent upon various digital channels such as search engines, social media, email to connect with their targetted audience. Nowadays, for every brand awareness, digital marketing is vital for every business. Each business has a website or at least the social media presence to aware the customers about its brand. For information about a particular brand, the customers search about it for its website. So, it is very important for every business to get displayed in the top position of SERPs. (Search Engine Result Pages) Benefits of DIGITAL MARKETING During COVID-19 Pandemic COVID-19 has devastated many lives around the world. None of us predicted that the 2020 year is going to be tragic. It is a big threat to people

Want to open SIP- systematic investment plan????

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SIP Want to open a systematic investment plan and dont know how to proceed??? Follow these simple steps:- 1. Open Play Store 2. Download and install My Cams App. 3. Register and make a portfolio using your adhar card and PAN card. Then buy any SIP from dropdown menu!!!!!!!!   DONE!!!  It's very Simple!!!!

KAIZEN "CHANGE FOR BETTERMENT"

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What Is Kaizen? Kai = Change; Zen = Good -Kaizen = Good Change, Change for the Better, Continuous     Improvement -Small, incremental changes; break apart and put back together  better  Focus on small, quick changes for long-term success Corollary- KAIZEN IS CHANGE FOR BETTERMENT Kaizen targets:-  -Eliminate waste (non value added activities)  -Increase productivity / output -Reduce inventory (less material and labor) -Reduce cycle time (less time to produce specific part) -Reduce space (work cell, office area) -Improve On-Time Delivery (OTD) -Improve quality of product and process -Improve housekeeping, 5S and visual management  -Reduce downtime (setup time, maintenance) -Reduce transport time and distance -Standardize the process (less variation)  -Reduce operating costs