Answers principles of corporate finance 12th edition

Representative Image The Reserve Bank of India (RBI) on June 23 issued draft guidelines for outsourcing of information technology (IT) services by lenders. The underlying principle of these guidelines is that the regulated entities must ensure that their outsourcing arrangements neither diminish their ability to fulfil their obligations to customers nor impede effective surveillance by the supervising authority, the central bank said. Through this explainer, Moneycontrol answers five key questions on why the regulator had to issue the new guidelines. What do the draft guidelines say? As per draft norms, lenders must consider all relevant laws, regulations, guidelines and conditions of approval while performing its due diligence during outsourcing of IT services. They should identify the list of services provided by the third-party service provider, including key entities involved in their supply chains. Lenders must also map their dependency on other parties and … [Read more...] about Explained: Why did RBI come out with new draft norms for IT services outsourcing by banks?

The race to save the planet has given an urgency to corporate efforts to make and deliver net-zero carbon commitments. But for their companies to be truly sustainable, CEOs must focus not only on the E in ESG but also on the S and the G. Human rights, workplace safety, fair pay for a fair day’s work, ethical business practices—these are just a few of the social and governance issues that CEOs must address in their company and in the companies they do business with—their suppliers. advertisement advertisement This is not just about complying with regulations. It is about fulfilling the terms of an unwritten social license to operate. But doing the right thing is hard. To help CEOs, we have identified a series of actions that they should instruct their CPO and the procurement team to take in order to address social and governance issues. To start with, companies should set out their social and governance expectations in their supplier code of conduct, … [Read more...] about To truly address ESG, your company has to also consider its suppliers

Siddharthaa Bhaiya, Managing Director and Fund Manager of Aequitas, said their investment philosophy is guided by a multibagger approach that identifies long-term potential through extensive in-house research. They invest in Indian listed equities in small and mid cap space and identify companies that are leaders by way of margin or sales in their respective sectors. Siddharthaa Bhaiya added that they hold stocks through their entire wealth creation journey making average holding period approximately 4-5 years. In an interview to Moneycontrol, he said they do see potential in the auto space. Here are edoited excerpts from that interview: What is your investment philosophy and what is your suggestion to the new-age investors? Close Don't try to time the market : As famously said by Peter Lynch: “Far more money has been lost by investors trying to anticipate corrections, than lost in the corrections themselves.” Nobody can predict what is going to happen … [Read more...] about Don’t try to time the market, advises Siddharthaa Bhaiya of Aequitas