Smart Gyan

  In the year 2015, I thought of closing my SB a.c with HDFC bank. Am not a big fan of maintaining too many a/cS with multiple banks. For past few years am a satisfied customer of a large PSU bank and a leading private sector bank. They offer all the banking facilities which I look for. Coming back to a.c closure, I had to visit HDFC Bank's Chandra layout branch in namma ಬೆಂಗಳೂರು for tendering closurerequest. Though their service was good and were offering all the facilities viz. Online banking, debit card etc. but still I felt the need of closing the a.c with them. The branch staff who serviced my request pleaded not to close but some how I didn't relent and went ahead with the closure. If I recall, the a.c had balance of somewhere around 20000+. The staff checked with me what is my preferred mode of settlement. Since interbank transfer attracted charges, I requested the staff to settle in cash. They were kind enough to waive a.c closure charges however they also forgot to a...

  In 1995, the profitability contributions from IT was 1% of the total corporate profits. Today it has increased to 24% -16% of the market cap today is from IT Indian IT potential is severely underrated. With themes like digital, AI, blockchain, cloud etc. picking up and nicely playing out, all the Indian IT companies are in a sweet spot and value unlocking on the cards. With favourable levers like work from home, work from anywhere, cost optimization, margin improvements, robust order book, strong deals in the pipeline, I feel the next wave of IT revolution might be just around the corner. CLSA has raised the targets for HCL Tech to1000 in coming days.It trades at a discount compared to it's peers in large cap IT space. Most of the brokerage houses have recommended Infosys as the value pick for samvat 2077. TCS has declared buyback @ Rs 3000 per equity share. Madcap IT names like L&T infotech, L&T technologies, Tata Elexis, Persistent Systems, too look very promising and...