What is Enterprise Risk Management?
Macro Moves

What is Enterprise Risk Management?

Enterprise Risk Management (ERM) is a plan-based business strategy that aims to identify, assess and prepare for any hazards, hazards and other potential disasters - physical and figurative - that may interfere with an organization's operations and objectives. Discipline not only requires companies to identify all the risks they face and decide which risks to actively manage, but it also involves making this action plan available to all stakeholders, shareholders and potential investors, as part of their annual reports. Industries as varied as aviation, construction, public health, international development, energy, finance and insurance use ERM. Companies have been managing risks for years.

Continue Reading about 4 years ago
Oil war triggered by Saudi: Boon to Indian Economy
Macro Moves

Oil war triggered by Saudi: Boon to Indian Economy

Even as nations around the world are busy battling COVID-19, Saudi Arabia launched an all-out oil war with the biggest cut in its prices in the last 20 years after a failure by OPEC+ to clinch a deal to cut production, owing to Russia's opposition. As a result, oil prices saw a plunge in global markets. Saudi Aramco took immediate action to cut prices after the OPEC+ collapse, offering big discounts for crude deliveries from next month, when the current output restrictions end. 

Continue Reading about 4 years ago
The Fall of Vijay Mallya
Macro Moves

The Fall of Vijay Mallya

Mallya was the only son of the successful but frugal beverage entrepreneur Vittal Mallya. While his father lived in Bangalore, running his breweries, Vijay was raised by his mother in Calcutta. But he was under constant pressure from his father, who threatened not to inherit the family's business and fortune unless he conformed and studied hard. Reports say that this paternal pressure created insecurity for the son, who was a spender from a young age. But Vittal died suddenly and, as his only son, Vijay inherited everything.

Continue Reading about 4 years ago
Is Defence turning out to be the next Big Export sector
Macro Moves

Is Defence turning out to be the next Big Export sector

The recently held DefExpo India 2020 held in Lucknow, turned out to be a grand success. The theme of the Expo was ‘India: The Emerging Defence Manufacturing Hub’ and the focus was on ‘Digital Transformation of Defence’ and that's exactly where India stands in the global market. Harnessing the potential of the Indian industry, by initiating new technologies and solutions is vital for the desired growth of this industry.

Continue Reading about 4 years ago
Why Oyo is sending thousands of employees on furlough?
Macro Moves

Why Oyo is sending thousands of employees on furlough?

Oyo is globally sending thousands of employees on furlough.But why? Euphemism is the art of expressing an embarrassing term subtly. So, if it’s euphemistic it’s not blunt and therefore the other person doesn’t feel that bad. So, consider a situation where your employer bluntly says “You may go on indefinite leave without pay.” You would surely feel embarrassed, won’t you? But, if the employer says “You’re being placed on furlough,” you might not feel that bad. That’s what Oyo is doing with its employees. Thousands of employees of Oyo across the globe have been informed by mail that they are being temporarily placed on furlough. The reason that is being stated by experts is more than a 60% drop in revenue. Although, this is accompanied by many other factors as well.

Continue Reading about 4 years ago
Satyam Computers Scam Case: Know about India
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Satyam Computers Scam Case: Know about India's Biggest Accounting Fraud

“A lie keeps growing and growing, until it is clear”, Pinocchio. Every time we use lie as an instrument to win our way towards our goal, we fail to comprehend how it will hurt us in the long run. The Satyam fraud case is no exception to the quote. It unveiled the potholes that existed in the corporate governance of our country. The great stock market scandal which is known as the Indian version of Enron shook the entire country in 2009. 

Continue Reading about 4 years ago
If IPL is cancelled, what would be the Financial Impact?
Macro Moves

If IPL is cancelled, what would be the Financial Impact?

Summer is not just about holidays, ice-creams and vacations. But it is also about the most awaited event of the year, the Indian Premier League. Most of us stick to the television screens wearing our favorite jerseys and screaming out for our team.  But the most valued sport and most followed sport, IPL has lost its hype amidst the fear of COVID-19. To make things worse, it has been postponed until April 15 breaking the hearts of millions of fans. 

Continue Reading about 4 years ago
Legal Will: How it works and it
Macro Moves

Legal Will: How it works and it's Importance

In Italy, the doctors have been unofficially told to write their ‘will’. A ‘will’ is a ‘deed’ that declares who will own the assets of the person after they die. Though the concept of will is not new to India, it is unpopular.  Will is largely considered a taboo as it is interpreted as a trust deficit between parents and children, or just amongst children. In India, familial ties are considered sacred and hence, the concept of will goes against the moral structure of the society. However, with time it is important to be sensible and practical enough to declare a will. If done properly, it can also help in tax savings for the beneficiaries, which mostly happen to be the family members.

Continue Reading about 4 years ago
How hard has the coronavirus hit Indian billionaires?
Macro Moves

How hard has the coronavirus hit Indian billionaires?

Coronavirus has hit the Indian billionaires hard.What happened to them? COVID-19 is probably one of the worst pandemics world has ever seen. But, there’s one thing or rather a feature of this pandemic that can not be ignored and that’s liberalism. Coronavirus has indeed devastated the entire world and the pandemic might have had an equal effect on all the socio-economic classes, castes and creeds. So, poor people might be a little satisfied to know that they are not the only ones suffering, rich people are suffering as well due to this virus. The reason we are saying this is stated below.

Continue Reading about 4 years ago
How companies decide whether to Buy or make a product?
Macro Moves

How companies decide whether to Buy or make a product?

Decisions to make or buy arise in business when a company must decide whether to produce goods internally or to buy goods externally. This is usually a problem when a company can manufacture material inputs needed for its production operations that are also available for purchase on the market. For example, a computer company may need to decide whether to manufacture circuit boards in-house or purchase them from a supplier.

Continue Reading about 4 years ago
Domino
Macro Moves

Domino's Pizza partners with ITC to deliver necessary items

An Essential Partnership!! With respect to the current situation of our country’s common favorite food chain, Domino's Pizza has partnered with ITC Ltd to deliver essential items, such as wheat flour (atta) and spices, to customers amid a national 21-day block imposed to curb the spread of COVID-19. Customers who wish to take advantage of the service need to use the "Domino's Essentials" section in the Domino app to order the ITC Aashirvaad brand of atta and spices and other relevant goods. These will be provided by Domino, leveraging its pizza delivery network to ease yourself from the problem of food in this time of crisis.

Continue Reading about 4 years ago
How regional streaming apps is challenging global Player?
Macro Moves

How regional streaming apps is challenging global Player?

Long gone are the days where we had to wait for our favorite movie or serial to be aired on TV. Now viewers can stream the content of their choice in any device from anywhere without any wait or hassle. Thanks to apps like Netflix and Hotstar with which everything is brought under our fingertips. The OTT services (over-the-top) give access to a wide range of content on the payment of minimum subscription. A few factors that stimulated the growth of the online streaming market include the launch of Reliance Jio which gave access to cheap internet, soon to be launched 5G, lack of time and a wish to watch shows at our comfort. Though, we spend most of our time with these apps, less do we know about its competition.

Continue Reading about 4 years ago
How the countries are managing ventilators to fight the virus?
Macro Moves

How the countries are managing ventilators to fight the virus?

A battle must be fair in every aspect. But our fight against COVID-19 is not so. The last two months have been more than a terrific nightmare. The pandemic has hit the world hard physically, financially and emotionally. And the dire situation is only to grow worse. But the lack of equipment to treat the virus worsens the situation.  It is like we are fighting a war against this deadly monster without enough bow and arrows to attack it. There are more than 10 lakh active cases reported around the world. But the most essential medical supplies like ventilators, masks, sanitizers, ICU wards, etc are not sufficient to meet the growing numbers. 

Continue Reading about 4 years ago
RBI’s moratorium policy- how will it affect the borrower?
Macro Moves

RBI’s moratorium policy- how will it affect the borrower?

All banks, including housing finance companies, were allowed to allow a 3-month moratorium on installments of EMI for outstanding loans on March 1, 2020. Loan Moratorium: Amid the Coronavirus outburst and its impact on the living of millions of individuals - paid and self-employed - the declaration of the Reserve Bank of India gave great relief to the term of borrowers. All commercial banks, including housing finance companies, were permitted to give a 3-month moratorium on monthly installments on all term loans which are outstanding on March 1, 2020.

Continue Reading about 4 years ago
 Lockdown- A Conundrum to Survive
Macro Moves

Lockdown- A Conundrum to Survive

Since we have entered the stage where the scenario includes vacation coupled with work from home, boredom & social distancing tagged along with social media anxiety lead by SENSEX hitting lowest circuit ever with NIFTY trading at a halt for 45 minutes, a drop in share prices, economic slowdown, the negative performance of returns, market handicapped, and this list could go on and make another eternity of recession on its own. No matter what social media says, there are chances that “LOCKDOWN” with quarantine won’t reduce the amount of fear of staying at home and feeling unsafe by interacting with people and worrying about cure available at the moment along with lives that can be saved. Let's dive into the timeline of the lockdown period.

Continue Reading about 4 years ago
Crude oil: Price war vs Global Demand
Macro Moves

Crude oil: Price war vs Global Demand

US President says that Crude Oil price war may be over.But, what’s exactly going on with oil and oil producers? There’s a basic difference between a ‘need’ and a ‘want’. Needs are necessities that are required no matter what. On the other hand wants are not necessities but, considered by the individual as a necessity. So to understand, wants are like ‘you don’t need but still you want them’. Here we are not trying to teach you a lesson of psychology but drawing your attention towards crude oil. A lot of drama has been going around crude oil for the last few weeks. There is a price war going on which led to the decrease in oil prices to 18-year low! But now this war may end soon and prices would be back on track. Thanks to Coronavirus. But, this drama was shown the world something that they had not expected. Read on.

Continue Reading about 4 years ago
Indian Audit Firm can break the Big Four
Macro Moves

Indian Audit Firm can break the Big Four's oligopoly

The Big Four Oligopoly in India An oligopoly is just like a monopoly. Just that instead of a single organization controlling the market, it is a nexus of more than one company.  One such oligopoly is the ‘Big Four’. Deloitte, KPMG, Ernst & Young, and PricewaterhouseCoopers- together form the world’s largest professional accounting and consulting network, popularly known as the Big Four. This oligopoly has indirectly controlled an entire process of firm auditing. However, the time seems to come to move towards ending this oligopoly. 

Continue Reading about 4 years ago
How can Indian mobile companies overtake Chinese smartphone brands?
Macro Moves

How can Indian mobile companies overtake Chinese smartphone brands?

The latest statistics reveal that India stands as the second-largest mobile market, a notch ahead of the US with over 400 million smartphone users. While our neighbor China stands as the leader in terms of the number of users. These statistics are enough to give us an estimate of what a huge market India poses to all Mobile phone manufacturers. It is with this background that we have seen the influx of global brands making a mark in the Indian market. The Chinese smartphone brands were quick to infuse the Indian market with their smartphone brands like Huawei, Xiaomi, Vivo, Oppo, Realme, Oneplus.

Continue Reading about 4 years ago