DRS Fincap

Gratitude 🙏🏼🙏🏼🙏🏼

Reverse Immigration :
Those who are currently staying in UK, USA, CANADA, AUSTRALIA , Any other foreign countries based out of India, if you are looking to return back to India and finding it tough to re loacte, we may help you for the same.

The treaties between Israel, UAE, Bahrain are the signs that entire World is moving towards electric automobile segment .

Oil is soon going to be thing of past.

Ultimately one needs money to run nations and it's people.

Hope this will lead to healthy business environment with each other more and ultimately less terrorism funding.

This will not only change the entire automobile world and have major impacts on current automobile industry especially local and small garages and employment depending on that.

An EV is relatively simpler to build with only 20 moving parts against around 2,000 in an ICE (internal combustion engine) vehicle.

Such is one of the example of changing business scenarios world wide.

Regards
Darrpan Shah
DRS FINCAP
Business Advisory
We help you in shaping your business with changing times and new technologies with vast experienced CFOs-CEOs-CXOs working in MNCs worldwide associated with our network

Glad to inform you that I have attended webinar today of insights on NBFC crisis and solutions by Mr. Sanjay Gupta, MD and CEO of PNB housing finance

From which it is visible that next 1.5 year is going to be tough for NBFCs

If you have any holdings in NBFCs through mutual funds and bonds or any other way it is advisable to take out your money from there

Few big names among NBFCs may get into trouble it seems in near future

If you find any difficulties regarding your holding in NBFCs through Mutual Funds or any type of direct indirect investment than contact me for the advise and solution

Regards,
Darrpan Shah

While there was bit of cheers amongst yr Media Houses on Positive Current Account Balance for last quarter of FY 19-20 released yesterday. The figure is hardly 0.1% of GDP.

Also the sad part that it shows how weak domestic demand has been (reflected in Non oil, Non Gold imports Growth).

Hence with expectations that covid could impact could continue to give us a Flat or minor Current Account Position, BOP could settle maybe somewhere around USD 55 Billion in FY 20-21 backed by robust FDI flows.

FDI flow have been around 50-60% of the Total Capital flows in the last 2-3 years and in this year despite the COVId negatives, we could see FDI flows to be 65% of the Total Capital flows showing that India remains one of the favorite destination of the world.

Inputs from

Government to issue floating rate bonds at 7.15% Sovereign Guarantee Risk Free Bonds

Regards,
Darrpan Shah

On equities front, a lot of long positions got rolled to July series in stocks like Reliance, RBL Bank, Godrej Prop, Hind Petrol, Muthoot Finance, Canara Bank, Biocon, etc... while some which added shorts are Exide Industries, IGL and Pidilite Industries

Regards,
Darrpan Shah

IT giants have started to vacate rented buildings at all major IT parks. They have planned to open "Supervising hubs" (controlling offices) in small buildings. 75 to 90% of staff are going to work from their own natives.

The next major change being made silently by NASSCOM (with +2800 IT and related company members in India) have approached Central /State Govts.