05/11/2013
HCL – SLOCUM DRIVE
YOUNG ENGINEERS PROGRAM (YEP)
It is a unique opportunity to be employed by Slocum, a HCL company. The Young Engineers Program is designed especially for engineers who want to work in IT area.
SALIENT FEATURES
YEP is a 9 month full time residential program- 6 months classroom training + 3 months On the Job training and Guaranteed Final Placement in Slocum
Opportunity to work on HCL projects
Job Location: Noida and Chennai
Track specific technical training on Windows, Unix & Networks along with professional skills
Training imparted by certified and experienced trainers
Easy finance options available for those who wish to avail
Furnished residential accommodation on sharing basis during the program
INITIAL SALARY
Starting salary of INR 2.0 Lacs and an opportunity to grow further thereon
Stipend of INR 7000 per month during On the Job Training
ELIGIBILITY CRITERIA
2011, 2012, and 2013 Engineering Pass out
Engineering Branches: Electrical & Electronics, Computer Science, Information Technology, Electronics & Communication Engineering
An aggregate of 60% and above from class 10th onwards
SELECTION PROCESS
HR Interview & Written Test
AMCAT (On line test)
Offer Letter
PROGRAM FEE
Course fee for 9 month training program is INR 1.25 lacs.
Candidates need to pay only INR 50,000 at the start of the training program and the balance fee of INR 75,000 may be paid in 18 EMIs starting from first month of their employment with Slocum i.e. 9 months after the start of the training program.
ROLE & DESIGNATION
Role: Engineers are expected to provide server support in the areas of Windows, Unix, Networking infrastructure of clients.
Designation: Associate Graduate Engineer Trainee.
For More Details: http://www.slocum.co.in/faq.
Brochure:http://slocum.co.in/Images/YEP%20Brochure_Updated%20on%20Dec%2011,%202012.pdf
VENUE
Date : November, 8th 2013, Time: 10.30a.m onwards
Place : LIT Educational & Charitable Trust, 2nd Floor, OSHB Commercial Complex, Acharya Vihar, Bhubaneswar
REGITER FOR PARTICIPATION
Interested candidates need to register at our office
"HCL – SLOCUM DRIVE
YOUNG ENGINEERS PROGRAM (YEP)
It is a unique opportunity to be employed by Slocum, a HCL company. The Young Engineers Program is designed especially for engineers who want to work in IT area.
SALIENT FEATURES
YEP is a 9 month full time residential program- 6 months classroom training + 3 months On the Job training and Guaranteed Final Placement in Slocum
Opportunity to work on HCL projects
Job Location: Noida and Chennai
Track specific technical training on Windows, Unix & Networks along with professional skills
Training imparted by certified and experienced trainers
Easy finance options available for those who wish to avail
Furnished residential accommodation on sharing basis during the program
INITIAL SALARY
Starting salary of INR 2.0 Lacs and an opportunity to grow further thereon
Stipend of INR 7000 per month during On the Job Training
ELIGIBILITY CRITERIA
2011, 2012, and 2013 Engineering Pass out
Engineering Branches: Electrical & Electronics, Computer Science, Information Technology, Electronics & Communication Engineering
An aggregate of 60% and above from class 10th onwards
SELECTION PROCESS
HR Interview & Written Test
AMCAT (On line test)
Offer Letter
PROGRAM FEE
Course fee for 9 month training program is INR 1.25 lacs.
Candidates need to pay only INR 50,000 at the start of the training program and the balance fee of INR 75,000 may be paid in 18 EMIs starting from first month of their employment with Slocum i.e. 9 months after the start of the training program.
ROLE & DESIGNATION
Role: Engineers are expected to provide server support in the areas of Windows, Unix, Networking infrastructure of clients.
Designation: Associate Graduate Engineer Trainee.
For More Details: http://www.slocum.co.in/faq.
Brochure:http://slocum.co.in/Images/YEP%20Brochure_Updated%20on%20Dec%2011,%202012.pdf
VENUE
Date : November, 8th 2013, Time: 10.30a.m onwards
Place : LIT Educational & Charitable Trust, 2nd Floor, OSHB Commercial Complex, Acharya Vihar, Bhubaneswar
REGITER FOR PARTICIPATION
Interested candidates need to register on or before November 6th, 2013 at our office
http://www.zifiindia.com/hcl/
contact:9337524946
ZIFI (P) Ltd.
02/07/2012
Biggest single day gain in 2012: Sensex surges 439 points (+ 2.59%)
A very positive development from Euro Summit: To deal with the current Euro Zone credit crisis, European leaders agreed on decisive action to lower the borrowing costs of Italy and Spain and create a single supervisory body for euro banks.
Clarity on General Anti-Tax Avoidance Rules (GAAR): Last night Finance Ministry’s proposal that the controversial GAAR would not be applicable below a particular limit. This has cheered the investors mainly the FIIs. GAAR introduced in March 2012, target companies and investors routing investments through tax havens. Due to lack of clarity on GAAR, foreign investors panicked and fled from Indian equity and currency market.
Morgan Stanley upgrades Indian stocks to ‘equalweight”: Morgan Stanley has upgraded the Indian stock market to ‘equalweight’ after being underweight since the first quarter of 2011. “On the absolute trailing price/book multiple, India is trading at 2.1X currently, which is similar to the level of 2.0.X seen at the trough of the cycle in 2002 and 2008.
01/07/2012
The Boeing 777: A Financial Analysis of New Product Launch
1. Introduction/ Case Summary:
The Boeing Company is an Industrial Aircraft Design and Manufacturing Firm, diversified in its offering of products for both the Defense Industry and the Commercial Airline Industry. In October 1990, CEO Frank Shrontz has announced the launch of a new product, the Boeing 777. A medium-to-large passenger aircraft, the 777 would enable the flexibility to carry passenger loads ranging from 350-390 passengers, over distances up to 7600 nautical miles. Already, Boeing has received orders from United Airlines, with delivery expected in May 1995 (p. 198). Aside from the technological advances represented in the 777, the launch of this new product promises some potential distinct strategic advantages. The launch of the 777 would provide a medium-to-large aircraft, filling a gap in Boeing’s total passenger aircraft product line. Boeing would now have a complete suite of aircrafts capable of addressing passenger loads ranging from 100-500. The 777 is specifically targeted to service routes in a high growth segment of the market, influenced heavily specifically by the high growth rate of the Asian market. The following is a financial analysis of the anticipated launch of the 777 product line. The analysis includes a comprehensive quantitative financial analysis of the projects profitability along with a qualitative analysis of the strategic importance of the project in the economic and political context of the time and an assessment of how those key factors can impact the profitability of the project. Also offered are global recommendations regarding the Boeing 777 project, given the results of financial analysis and the consideration of other key factors.
2. Profitability measures and the Boeing 777 project
Return on Equity (ROE) is a commonly used profitability measure; according to the case, maximizing ROE is also a key objective of Boeings CEO Frank Shrontz. ROE is defined as the ratio between net income and total equity; it is an accounting measure of how well stockholders fared during the year. By improving the ROE, shareholders’ wealth would be increased. Therefore, it appears that Frank’s goal of improving Boeing’s ROE is in line with that of increasing shareholders’ wealth.
However, accounting book values are significantly impacted by the firm’s accounting practices, and what is really relevant for the shareholders are actual cash flows to stockholders. As such, the key measures from the stockholders’ wealth perspective are dividends and stock value (dividend gains and capital gains). In order to really increase shareholders’ wealth, the company’s equity (the stock) needs to provide a return higher than the opportunity cost of capital that could be earned elsewhere on the capital market for an investment of comparable risk.
The Boeing 777 Project may contribute to an improvement in net income and ROE if, over time, total revenues generated by the project exceed total cost and the resulting returns from the investment are higher than Boeing’s opportunity cost of capital. In other words, the 777 Project will improve shareholder’s wealth as long as the NPV of its cash flows is positive (as long as the IRR is greater than the opportunity cost of capital).
If Boeing’s revenue and cost forecast in Exhibit 6 is accurate (1000 planes sold over 10 Years at $130M per plane), the 777 Project would deliver an IRR of 18.9%; thus, shareholders’ wealth would be increased as long as the relevant opportunity cost of capital is
09/08/2011
Mergers & Acquisitions in an Uncertain Market
The stock market plunge of yesterday is another clear indication that financial markets abhor uncertainty. Whether unchecked growth of gover
11/07/2011
To create interest among students in finance and economics, ZIFI organised, for the first time in Orissa, the “FinStreet Quiz” in April 2011 at the Exhibition Ground, Bhubaneswar. Participants were tested on their knowledge of current business and economic events. The quiz was a great success with both participants and spectators relishing the intellectually challenging questions while enjoying the fun-filled atmosphere.
03/08/2011
11/07/2011