According to current statistics, Facebook has more than 2.375 billion active users, 59% of whom use it everyday. 1 billion of these users interact via mobile daily, and most of the top sites in the world are integrated with Facebook. The social networking service will soon launch its own cryptocurrency: Libra.
Approx. 44 mn sq. ft. residential space sold by top 9 listed players in FY 19 against just 17 mn sq. ft. in FY 17, records more than two-folds jump since DeMo Peak year (2014-15) housing sales by these players touched 27 mn sq. ft.; growth of 63% in FY 19 Total listed players’ new housing supply approx. 61 mn sq. ft. in FY 19, more than double of FY 17 Apr-Jun quarter of FY 20 alone recorded housing sales of 17.5 mn sq. ft. by these top listed players Residential sales value of these players in FY 19 was approx. INR 228 bn
Thankfully, I think we are almost at the point of having serious conversations about how social media can be utilized in most organizations, rather than still asking the question “Is Social Media just a fad?”. However, there are some massive misconceptions on what social media will do for the organization. As a result, often we aren’t even hiring the right skills today to build a competent social media presence. We’re also looking to measure social media in a way we measure other marketing initiatives, channels, advertising campaigns and media, but social media is neither a channel, marketing, media or simply an initiative.
I’ve been at the E-Money, Cards and Payments conference a few years ago. Coming off the back of SIBOS it is quite interesting to have a discussion not just about payments, but around modality and the emergence of strong mobile payments methodologies and practices. We already know that checks/cheques are in terminal decline, but when you bring up the ‘end of cash’ this gets a great deal of emotive responses or general disbelief that this is possible. It is becoming quite clear, however, that regardless of the emotion and habitual systemic behavior there is an number of issues that are combining to create a critical decision point for governments, regulators and the banking community to get actively behind the removal of cash from the system. Here are some highlights:
The idea of forensic accountants discovering financial crimes may lead you to visualize a new CSI spin-off. Although the job role is not as glamorous as you may be picturing, forensic accountants do indeed play vital roles in uncovering financial crimes. Forensic accountants utilize auditing, accounting, and investigative skills to examine a company or individual’s finances. Their findings provide accounting analyses for legal proceedings. Find out more about how forensic accountants discover financial crimes by reading the following insightful sections.
Nearly 2.02 lakh units were sold in the first three quarters of 2019 across top 7 cities against 1.78 lakh units in same period in 2018. INR 1.33 lakh crore was the total estimated value of units sold in the corresponding period of 2018. Overall sales value was highest in MMR (INR 62,970 crore) followed by Bangalore (INR 28,160 crore) & NCR (INR 24,860 Crore); sales value least in Chennai (approx. INR 5,580 crore) Despite Bangalore having the 2nd highest sales values, housing sales there plunged 7% in a year; total sales of INR 30,310 crore done a year ago. Pune sales values rose by 32% with INR 17,530 crore in 2019.
As on Q3 2019 end, 6.56 lakh units were unsold across the top 7 cities - nearly 12% are ready-to-move-in MMR has maximum ready homes with approx. 21,000 units, followed by NCR with 16,800 units & Pune with 14,260 units In Chennai, nearly 32% of total unsold inventory is ready-to-move-in; 17% in Bangalore; NCR & MMR have just 9% each of unsold ready homes in their overall unsold stock Of total 81,300 ready homes, 35% are in the affordable segment while 13% (approx. 10,000 units) in premium segment priced >INR 1.5 Crore