#Duplicate share certificate
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assetretrieval · 4 days ago
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claim shares from iepf
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There IEPF Claim Services | Recover Your Unclaimed Shares & Dividends with Ease
There are a significant number of unclaimed shares of ACC and Berger Paints that have been transferred to IEPF authority. claim shares from iepf Today, we want to explore the remarkable history of the paint industry before we dive deep into ACC or Berger Paints individually.
There are two main kinds of paint: one for things like cars and
factories ( Industrial), and the other for houses (decorative)
40% of decorative demand comes from fresh constructions, while the remaining 60% is driven by repainting. Automobile OEMs, industries, and railways use industrial paints.
The decorative paint industry in India currently accounts for 65% to 70% of the total paint industry. However, when your parents were likely to have invested in it, it was only 50%. At that time, India was experiencing growth in the number of factories, Duplicate share certificate which exceeded the number of houses being built.The demand for paint colours depends on how many houses, cars, and buildings are being made. And people also repaint their stuff when they have more money and want things to look nice.
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The top 5 companies make up more than 80% of sales of the organised market.
The top 5 companies make up The organised paint companies (the big ones) supply most of the paint in India, about 65%. The rest, about 35%, comes from smaller, unorganised companies.
Some of the most renowned paint manufacturing companies in India are:
Asian Paints
Berger
Nerolac
Shalimar
Dulux
During the 1990s, the paint industry was expanding by 15% each year, but now it's growing at a rate of 10%. One reason is that the overall size of the paint industry has significantly increased compared to the 1990s. Additionally, we have built many important cities during this time.
Several factors contribute to the growth of the Indian paint industry, including:
Rising income and education levels: As people get educated, they become more aware of brands and prefer to buy branded paints. Their incomes also go up, especially when working for multinational companies, which makes it easier to get bank loans, including home loans.
Rise in Urbanisation: A lot of people are moving to cities, getting home loans, and choosing to live in more permanent houses. This is boosting the demand for paint.
These are just a few factors, and there are others too.
Evaluating stocks like this was quite uncommon 15 to 20 years ago.
Information wasn't as easily accessible, and there were very few bloggers.
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So, your ancestors who invested in the paint industry back then must have been forward-thinkers. And when it comes to painting, there's a unique story to it. We all recall how Harsh ad Mehta manipulated ACC shares, taking them from 200/- per share to 9000/- per share.
In our article detailing how to claim unclaimed shares of ACC Cement, we delve into the historical context.
If your parents had invested in the paint industry, the graph below would be relevant to help you visualise how your wealth would have grown.
If you find yourself in possession of unclaimed shares and are facing challenges, it's essential to address the situation promptly. Unclaimed shares can represent missed opportunities and untapped financial potential. Therefore, it's crucial to take the necessary steps to recover them and ensure that your investments are working for you. Fortunately, there are resources and professional services available to guide you through the process and simplify the share recovery journey, making it easier for you to unlock the value of these unclaimed mutual fund assets.
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sharerecovermarketing · 7 months ago
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mudsmanagement · 2 years ago
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Procedure of Issue of Duplicate Share Certificate - MUDS
To issue a duplicate share certificate, a shareholder must provide a written request, indemnity bond, and pay a fee to the company.
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sharesamadhan23 · 8 months ago
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The Issuing of Duplicate Share Certificates
Navigating the realm of investments can be both exhilarating and daunting. However, encountering issues such as the loss or theft of share certificates can throw a wrench into an otherwise smooth journey. In this comprehensive guide, we'll unravel the intricacies of issuing duplicate share certificates, equipping you with the knowledge needed to address this issue effectively and safeguard your investments.
Understanding Duplicate Share Certificates
Duplicate share certificates serve as replacements for lost, stolen, or damaged original certificates. These duplicates carry the same value and rights as the originals, providing reassurance to investors in the face of unforeseen circumstances.
Importance of Duplicate Share Certificates
Duplicate share certificates play a pivotal role in maintaining the integrity of investments, ensuring that investors retain their rightful ownership despite setbacks such as loss or theft.
Legal Implications and Protections
The issuance of duplicate share certificates is governed by legal frameworks designed to protect investors and uphold the integrity of financial markets. Understanding these legal implications is essential for navigating the process effectively.
Regulatory Compliance
Regulatory bodies mandate specific procedures for obtaining duplicate share certificates, safeguarding against fraudulent activities and ensuring transparency in transactions.
Procedure for Issue of Duplicate Share Certificate
The process of obtaining duplicate share certificates entails several steps, each designed to verify ownership and mitigate risks associated with fraudulent claims.
Notification of Loss or Theft
Promptly reporting the loss or theft of share certificates to relevant authorities is crucial for initiating the process of obtaining duplicates and preventing unauthorized transactions.
Documentation Requirements
Providing accurate documentation, such as proof of ownership and identity, is essential for verifying claims and facilitating the issuance of duplicate share certificates.
Verification and Authentication
Thorough verification and authentication procedures are implemented to validate the legitimacy of requests for duplicate share certificates, safeguarding against potential misuse.
Resolving the Issue: Practical Steps and Considerations
Resolving the issue of duplicate share certificates requires a proactive approach and adherence to established protocols. By following these practical steps, investors can navigate this challenging situation with confidence.
Contacting the Issuing Authority
Initiating contact with the issuing authority of the share certificates is the first step towards resolving the issue. Prompt communication enables expedited processing and minimizes disruptions to investment portfolios.
Providing Necessary Documentation
Furnishing the requisite documentation, including proof of ownership and identification, streamlines the verification process and facilitates the issuance of duplicate share certificates.
Compliance with Regulatory Requirements
Adhering to regulatory requirements ensures compliance with legal standards and promotes transparency throughout the resolution process.
Frequently Asked Questions (FAQs)
1. How do I report the loss or theft of share certificates?
To report the loss or theft of share certificates, promptly notify the issuing authority or regulatory body. Provide details about the lost certificates to initiate the procedure for the issue of duplicate share certificates and prevent unauthorized transactions.
2. What documentation is required to obtain duplicate share certificates?
To obtain duplicate share certificates, prepare proof of ownership, such as original certificates or statements from the depository, and identification documents. These are essential for the procedure for the issue of duplicate share certificates and to ensure compliance with regulatory requirements.
3. Are duplicate share certificates legally binding?
Yes, duplicate share certificates are legally binding replacements for lost or stolen originals. They carry the same rights and value, ensuring the integrity of your investment despite the issue of duplicate share certificate.
4. Can I expedite the process of obtaining duplicate share certificates?
You may expedite the process by promptly providing all required documentation and communicating proactively with authorities. However, the timeline for obtaining duplicates varies, depending on the complexity of the case and the efficiency of processing systems related to the procedure for issuing duplicate share certificates.
5. What precautions can I take to prevent the loss or theft of share certificates?
To prevent loss or theft, store certificates securely and consider keeping electronic copies. When transferring certificates, use registered mail or secure courier services to mitigate risk.
6. Is there a fee associated with obtaining duplicate share certificates?
Yes, fees may apply, including processing fees from the issuing authority and administrative fees from regulatory bodies. Inquire about applicable fees upfront to budget accordingly for the issue of duplicate share certificates.
Conclusion
Navigating the issue of duplicate share certificates can be daunting, but armed with the right knowledge and proactive measures, investors can effectively address this challenge and safeguard their investments for the future.
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rogueemmy · 2 months ago
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I know many of you are having a real "what happens now", post-election panic. There's a lot of fear-mongering happening right now too. I know when my anxiety spikes, action can often be a good deterrent, and so I'll offer you the actions I, and my friends, have taken.
Order copies of all your documents. Birth certificates, social security cards, passport (if you have one), marriage license, divorce papers, all the paperwork that tells others that you exist. I got three copies - one for me, one for my partner, and then our master copy.
Get a real ID at minimum, a North American travel card, or a passport. No, really. First of all, you have just ordered all the documents for a real ID, you may as well use them! In many states that upgrade to your license is under $10 for a duplicate, in some places it is free. The travel card is cheeper than the passport, gets you on a plane and through both northern and southern borders, and again, you have all the documents! The passport gives you more travel options. It is also a great document to have handy if you are applying for new jobs, may as well get one if your budget and circumstance allow.
Document your decision makers - in most cases, parents or a spouse makes financial and medical decisions if you can not. This is generally a given. But, if you have concerns about court decisions being overturned, it hurts nothing, and costs very little, to draw up the paperwork for a medical power of attorney. Document, by name, who you want making those decisions.
Get a will - now, this sounds extreme, but frankly, every adult should have one. If you have pets, children, shared property - you need a will! Even married people need a will, in the best of times. There are will-in-a-box lawyers everywhere, your workplace may offer legal insurance that includes a will, there are even online versions, though I would prefer you do that with an attorney to ensure the fullest force. Then, if your worst fears are realized, you still have that legal document to back up your desires.
Keep cash on hand - I have a friend who is better off than I am, financially. He is planning to keep both Mexican and Canadian currency in case he needs to hop the border. Some choose gold or silver, some go with jewelry. This is more radical - personally, I just like to have enough cash on hand for a nice dinner or a tank of gas. Not always financially possible, but a goal I work towards.
Ensure you have a 72-hour kit. FEMA recommends everyone have one for disaster anyway, floods, tornadoes, hurricane, or just a heavy winter storm. A minimum of 3 days of shelf-stable food, water, and clothing. If possible, increase that supply to a week. because in a disaster, that's how long you may need to be self sufficient. And if you need it for other reasons, it's there, you have it, and can rest a bit easier.
Someone I saw today suggested a garden, yes, even a winter garden. You can grow herbs and lettuce indoors, if necessary. In some southern climates, a cold frame may be all that's needed. But make plans for some summer plants. Even in an apartment, a pot full of tomatoes and peppers and perhaps even a zucchini can greatly increase your food options if prices skyrocket. (I mean more than they already have.) Be creative, check with your neighbors or even online (carefully) for some ideas to make it work!
If you have a lawyer, a financial advisor, or other professional, they can help you with what you need to protect the partner in your life. If not, start with the above list. It gives you something to work at to still your current anxiety, makes you a more fully functioning adult, and those steps are all recommended anyway - no wasted effort. Simply consolidating things you should already be doing.
Please friends, do not panic. I've been on this planet a few decades now, and I can tell you that my worst fears have never come true. Do take action to quell your own concerns - the above list may not be for you, but there are likely very reasonable things you can do to address your own concerns. In the end, things are likely going to work out. I saw a post today that reminded everyone that there were people who lived very decent lives as the Roman Empire was collapsing.
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lawbyrhys · 4 months ago
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Top US Car Insurance Company is Being Sued For Allegedly Forcing Unnecessary Policies
Would you believe Allstate finds itself in yet another lawsuit? Let's break down the situation.
An Allstate-owned insurance company is under the proverbial boot of the DOJ as they crack down on aforementioned provider for allegedly forcing collateral protection insurance on hundreds of thousands already-ensured customers.
National General is the company in question, finding themselves in the midst of the lawsuit that alleges they partook in a scheme to defraud customers who financed their cars through Wells Fargo.
Allegedly, over an 11-year span between 2005-2016, National General schemed to obtain money from Wells Fargo by way of its practice of "force-placing" collateral protection insurance into millions of cars, even though they "knew or recklessly disregarded" these vehicles were already ensured. The lawsuit reads, in part:
"In fact, from 2008 to 2016, National General knew that it falsely force-placed insurance between 56 and 93% of the time. These improper force-placements harmed borrowers — causing borrowers to pay money they did not owe, borrowers to default on their loans, vehicle repossessions, and negative impacts to borrowers’ credit scores."
Those who utilized Wells Fargo to finance their vehicles were required to get comprehensive and collision insurance or collateral protection insurance. Wells Fargo contracted with National General to identify whether or not a customer had the insurance required for their vehicle.
"If National General did not obtain proof of such insurance, National General automatically issued a certificate of insurance for its CPI product. This was called 'force-placing' insurance because the cost of the CPI was subsequently added to a borrower’s loan, even though the customer did not affirmatively purchase the insurance from National General."
The DOJ alleges that National General failed to make phone calls to insurance carriers, agents, or borrowers to obtain outside insurance, despite a legal requirement to do so, as well as failing to "match insurance information in its possession to financed vehicles."
Wells Fargo customers paid approximately $1,100 per loan a year for National General’s collateral protection insurance—a rate which was more expensive and provided less protection than comprehensive and collision insurance.
"Sometimes National General realized its error before the borrower was billed, but, between 29 and 63% of the time, National General improperly invoiced Wells Fargo who then improperly billed the borrowers—forcing borrowers to pay premiums and other fees associated with the CPI that they did not owe."
According to the lawsuit, National General “falsely placed” 1.2 million and 2.1 million collateral protection insurance between 2005 and 2016. Despite approximately 600,000-700,000 of these policies being canceled before the borrower was charged for them, approximately 640,000-1.4 million were not.
Ultimately, National General earned ~$500M from these practices, according to the lawsuit.
"National General knew or at least recklessly disregarded that it was falsely placing CPI and charging for duplicative insurance, but it took no meaningful steps to reduce the rate of false placements. NGLS’s Wells Fargo Account Manager dismissed false placements as a 'function of the program.'"
The DOJ is seeking to have National General face the maximum penalty permitted under the Financial Institutions Reform, Recovery, and Enforcement Act "in an amount to be determined at trial."
Of course, National General denies these allegations; "These allegations are false, and we are committed to sharing the facts."
Personally, I'm not surprised by the allegations in this lawsuit; Allstate isn't exactly renowned for giving a shit. That being said, though, I think this will be an interesting suit to follow, and I will update you all accordingly as the case progresses.
What do you think of this lawsuit? Let me know!
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forgedcold · 2 years ago
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ooc. I’m not sure if I ever made the setting(?) of this blog clear, but Megatron is canon-divergent as of Lost Light #25, with some canon pieces redacted or interpreted slightly different over the whole of the comics. 
Specifically, the Last Light wasn’t destroyed, and when Megatron learned of Optimus’ death, he - after speaking to Rodimus - took the Last Light and quantum jumped to the black hole of Unicron’s remains to pay respects. However, since the Last Light’s quantum engines were not quite as powerful as the Lost Light’s, there was a quantum duplication accident in which the original version of him made it to the black hole unscathed, but his quantum duplicate and the duplicate Last Light exploded near Luna-1.
While drifting in space near the black hole, Megatron received delayed news reports from New Cybertron that he was dead and the signing of his death certificate was made a celebration and ceremonious. 
He exists as a ghost now, with his native universe not realizing that he is alive. It’s easier that way and he thinks everyone is happier believing he is dead. 
In terms of headcanons:
He managed to find and interacts with the duplicate Lost Light of his native universe, but there is no duplicate of himself that is sharing captaincy with Rodimus because he wasn’t present for their quantum duplication experiment. (I’ve never RPed this explicitly since I didn’t really stick to this AU until after the great porn ban caused a lot of people to leave, but I have ideas if anyone is interested).
He bolstered the strength of his engines somewhat. Enough for him to leave his native universe. Therefore, I treat everyone he meets as multiversal and not part of his native universe. However, when he does come across those from the IDW-verse, he makes assumptions they aren’t any different from their alternates, and in general, he has a lot of unresolved negativity towards most. (Your characters are more than welcome to correct him on that!)
His time is spent writing and selling “rare literary artifacts” written by Megatron of Tarn on a black market in his native universe to fund commissioned quantum mechanic and scientific work from Perceptor, Brainstorm, and Nautica.
He travels with Optimus and the Rodimus native to his universe. Having them aboard his ship was not intended since it turned out that Optimus, albeit heavily injured, was not dead, and he heard reports that Rodimus was not faring well on New Cybertron, so he invited him along. Starscream pops in and out from time to time to haunt him as a ghost. (Quinn will yell at me for my comma use on this 🤪).
There is a lot more in the works for this; I just haven’t had time to write @.@ But, I hope that clears up any confusion!
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assetmantra-youtube · 2 years ago
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How to Establish a Joint-Stock Company in Vietnam?
How to Establish a Joint-Stock Company in Vietnam?
In addition to limited liability companies, partnerships, and private enterprises, joint-stock companies are recognized by Vietnamese law. When a Vietnam authority issues a Certificate of Business Registration, a joint-stock company gains legal status. Consult with corporate lawyers in Vietnam to learn about the advantages of various company formations in Vietnam for the owner's efficient management and goals.
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As per the meaning of the Law on Undertakings, a business entity is a venture whose sanction capital is separated into two halves called shares. A joint-stock company can have individuals or organizations as its shareholders; the minimum number of shareholders is three. Since there is no maximum number of shareholders, the company will be able to easily expand its operations on a larger scale. In addition, shareholders will only be responsible for the company's debts and other property obligations up to the amount of capital contributed. Due to the level of risk that shareholders must bear, this is an advantage of this type of business. Specifically, business entities reserve the privilege to give offers, bonds and different protections to raise capital, which is a component that different kinds of organizations don't have.
The owner of a business in Vietnam has the option of submitting a set of documents to the Business Registration Office where the intended head office is located on their own or by authorizing another individual, organization, or law firm in Vietnam to do so. These documents include:
1.An application for enterprise registration;
2.The company’s charter;
3.List of founding shareholders and list of shareholders being foreign investors;
4.Copies of the following papers:
a) Legal papers of the individual for the legal representative of the enterprise;
b) Personal legal papers for company members, founding shareholders, shareholders being foreign investors who are individuals; Legal papers of the organization for members, founding shareholders, shareholders being foreign investors being organizations; Legal documents of individuals for authorized representatives of members, founding shareholders, shareholders being foreign investors being organizations and documents on appointment of authorized representatives.
For individuals and investors being unfamiliar associations, duplicates of lawful papers of the association should be authenticated and consularly sanctioned in Vietnam; The owner of a business in Vietnam has the option of submitting a set of documents to the Business Registration Office where the intended head office is located on their own or by authorizing another individual, organization, or law firm to do so. These documents include:
c)Investment registration certificate, in case the enterprise is established or participated in the establishment by a foreign investor or a foreign-invested economic organization in accordance with the provisions of the Investment Law and other legal documents; implementation manual.
The Business Registration Office will process the application within three working days of receiving it.
ANT Lawyers could assist you in establishing a joint-stock company in Vietnam with their highly skilled staff and extensive experience in foreign investment.
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sharerecovermarketing · 5 months ago
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Resolve the issue of duplicate share certificates effortlessly with Shares Recover. Our experts ensure swift share recovery for a seamless experience.
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mudsmanagement · 2 years ago
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This blog will discuss the step-by-step process for issuing a duplicate share certificate.
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localbizprofiles · 23 days ago
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We process applications filed for certificates of title, including duplicate and corrected titles, without taking all day.
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niftyfriend1 · 25 days ago
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Understanding SBI Demat Account Charges: Complete Guide by NiftyFriend
Opening a Demat account is one of the first steps for anyone interested in investing in the stock market. For Indian investors, one of the most trusted names in the banking and financial services sector is the State Bank of India (SBI). As with any financial service, understanding the associated costs and charges is crucial for making informed decisions. In this comprehensive guide by NiftyFriend, we will explore SBI Demat Account Charges and also discuss SBI Demat Account Opening Charges, helping you make an educated choice for your investment needs.
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What is a Demat Account?
A Demat account (short for Dematerialized account) is a digital account that holds your securities, such as stocks, bonds, and other financial assets, in an electronic form. This system eliminates the need for physical certificates, making trading and transferring securities more convenient. The Demat account acts as a repository for your financial holdings, and managing it properly ensures smooth trading on stock exchanges.
Why Choose SBI for Your Demat Account?
State Bank of India (SBI) is a prominent name in the Indian financial sector, offering a wide range of banking and investment services. SBI’s Demat account services are trusted by millions of customers because of the bank’s extensive experience, reliability, and customer-centric approach. SBI offers Demat accounts with user-friendly features, and customers can access their accounts online, making it easy to track their investments and trade seamlessly.
Additionally, SBI has a robust support system, helping investors navigate the stock market with ease. The primary reason for choosing SBI for your Demat account is the bank’s reputation for providing security, trustworthiness, and convenience, especially for first-time investors.
SBI Demat Account Opening Charges: What to Expect
When opening a Demat account with SBI, it is important to understand the various charges involved. These charges cover the processing, maintenance, and transaction-related activities associated with your account.
Here’s a breakdown of the SBI Demat Account Opening Charges:
Account Opening Charges: SBI charges a one-time account opening fee when you first open a Demat account. The fee may vary depending on the type of account you choose. However, this is generally a low cost that is charged upfront at the time of account creation.
Annual Maintenance Charges (AMC): The most significant charge for maintaining a Demat account is the Annual Maintenance Charge (AMC). This fee is charged every year for managing the account, providing access to online trading platforms, and supporting transaction-related services. For SBI Demat accounts, the AMC typically ranges from INR 400 to INR 500. It’s important to note that this charge is subject to change, so it’s always a good idea to check for updates before committing.
Transaction Charges: Transaction charges are levied on every buy or sell transaction involving securities in your Demat account. SBI charges a fee for the transfer of shares from one account to another, and these charges depend on the number of securities being transferred. The charges are generally a percentage of the transaction value, and you will be informed of the exact charges before proceeding.
Pledge Charges: If you want to pledge your securities for obtaining loans, SBI charges a fee for this process. This is called the Pledge Fee, and it’s applicable when using securities in your Demat account as collateral.
Additional Charges: In addition to the above-mentioned fees, SBI may also charge fees for services like physical delivery of statements, non-maintenance of minimum balance, and duplicate statements. It’s important to understand these charges, as they can affect the overall cost of managing your Demat account.
SBI Demat Account Charges: Transaction Fees and Other Costs
When it comes to SBI Demat Account Charges, the transaction fees are one of the most significant costs to be aware of. SBI charges a certain percentage of the transaction value for each trade. Here are the common types of transaction charges you can expect:
Debit Transaction Charges: These charges apply when you transfer securities from your Demat account to another account or when you sell your securities in the market. The charges typically vary based on the number of shares or the value of the transaction.
Corporate Action Charges: When corporate actions like dividends, mergers, or stock splits occur, there may be additional charges for processing these actions in your Demat account. SBI charges a small fee for these corporate actions, which is usually disclosed at the time of the action.
Securities Transaction Tax (STT): Securities Transaction Tax (STT) is a tax imposed by the government on the transaction value of securities. While the STT is not an SBI-specific charge, it is an important cost factor for every investor to consider when executing a trade.
GST on Charges: Apart from the above-mentioned charges, the Goods and Services Tax (GST) is applicable on all Demat account services. The GST rate for Demat services is generally 18%. This is an additional cost that you must factor into your calculations.
How to Open an SBI Demat Account?
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Opening an SBI Demat account is a straightforward process. Here’s a step-by-step guide on how to open an SBI Demat account:
Visit the SBI Website: You can open an SBI Demat account online by visiting the official website of SBI. Alternatively, you can also visit your nearest SBI branch for in-person assistance.
Fill Out the Application Form: To open a Demat account with SBI, you need to fill out the application form. The form requires basic personal details such as your name, address, date of birth, and PAN number.
Submit Documents: You’ll need to submit certain documents to complete your Demat account opening process. These may include your PAN card, address proof (Aadhaar, passport, utility bills), and a passport-sized photograph.
Sign the Agreement: SBI will require you to sign an agreement, outlining the terms and conditions associated with your Demat account. The agreement is a legally binding document that defines your rights and responsibilities.
Complete the KYC Process: SBI follows the Know Your Customer (KYC) norms, which are mandatory for opening a Demat account. You will need to complete the KYC process by submitting necessary documents for identity verification.
Receive Account Details: Once your application is processed and approved, you will receive your Demat account details, including a unique account number. You will also be provided with access to online trading platforms.
How NiftyFriend Can Help You with SBI Demat Account?
NiftyFriend offers expert guidance and assistance in managing your Demat account with SBI. Whether you’re looking to open a new account or need help with understanding charges, NiftyFriend can make the process smoother for you. With our personalized services, you can be assured of making the right financial decisions without any confusion regarding SBI Demat Account Charges.
We provide up-to-date information about the latest charges, rules, and regulations to help you stay ahead in your investment journey. Our team of experts is always ready to assist you with any questions or concerns about your Demat account and its associated charges.
Conclusion
When considering an SBI Demat account, it is essential to understand the different charges involved, including SBI Demat Account Opening Charges and ongoing maintenance costs. Having a clear understanding of these charges will help you plan your investment strategy accordingly.
SBI offers a reliable and secure platform for managing your Demat account, and with the help of NiftyFriend, you can navigate these services with ease. Whether you’re a first-time investor or a seasoned trader, NiftyFriend ensures you have all the information you need to make informed decisions about your Demat account.
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kims123456 · 1 month ago
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The Role of Blockchain in Enhancing Logistics Transparency
In today’s globalized supply chain and logistics landscape, transparency has become a critical factor in building trust among stakeholders, reducing fraud, and improving operational efficiency. With supply chains growing increasingly complex, the need for a system that ensures accurate tracking, accountability, and visibility across all stages of the logistics process has never been more urgent. Enter blockchain technology — a decentralized, tamper-proof, and transparent digital ledger that is revolutionizing the logistics industry by enhancing transparency, reducing inefficiencies, and ensuring secure data exchange logistics course in kochi
This blog explores the role of blockchain in enhancing logistics transparency and how it can transform the way businesses manage their supply chains.
What is Blockchain?
Blockchain is a distributed ledger technology that allows data to be stored across a network of computers in a way that ensures security, transparency, and immutability. Each transaction, or "block," is recorded with a timestamp and linked to the previous one, forming a chain. Once a block is added to the blockchain, it cannot be altered, providing a secure and transparent record of all transactions. This technology has the potential to disrupt many industries, and logistics is no exception.
Blockchain’s Impact on Transparency in Logistics
Logistics and supply chain management have traditionally struggled with issues such as lack of visibility, fraud, errors in documentation, and delays in shipments. Blockchain offers solutions to these challenges by providing a single, immutable source of truth that all parties involved in the supply chain can access. Here’s how blockchain enhances transparency:
1. Real-Time Tracking and Traceability
One of the major challenges in logistics is the lack of visibility in the supply chain. Traditional methods of tracking involve multiple intermediaries, which can lead to delays, inaccuracies, and confusion. Blockchain technology enables real-time tracking of goods and materials from their point of origin to their final destination.
Each transaction or movement of goods is recorded on the blockchain, providing a tamper-proof trail of the product's journey. This means that all stakeholders — from suppliers to consumers — can access up-to-date information on the status of shipments, including location, condition, and delivery times. This level of transparency reduces the risk of theft, fraud, and miscommunication, leading to better customer satisfaction and stronger supplier relationships.
2. Elimination of Fraud and Counterfeiting
Counterfeit products and fraudulent activities are significant concerns in the logistics industry, particularly when dealing with high-value goods or sensitive materials. Blockchain’s immutable ledger ensures that each product or shipment is authenticated at every step of the supply chain.
By using blockchain, companies can provide verifiable proof of the origin and authenticity of products. This transparency discourages counterfeiters and reduces the risk of fraud. For instance, consumers can scan a QR code on a product and verify its journey from production to delivery, giving them confidence in the authenticity and quality of the goods they purchase.
3. Improved Documentation and Paperwork Management
Traditional logistics relies heavily on paper documentation for tracking shipments, which can lead to errors, misplacement, and delays. Blockchain simplifies the documentation process by allowing all data — such as invoices, bills of lading, certificates of origin, and shipment details — to be stored digitally on a shared ledger.
Once recorded, this information cannot be altered or duplicated, reducing the chances of mistakes or fraudulent documents. Moreover, blockchain can automate much of the paperwork, eliminating the need for manual intervention and reducing administrative overhead. This not only speeds up the entire process but also improves the accuracy of data, leading to fewer disputes and errors.
4. Smart Contracts for Streamlined Operations
Blockchain enables the use of smart contracts, which are self-executing contracts with the terms of the agreement directly written into code. These contracts automatically execute and enforce the terms of an agreement once predefined conditions are met.
In logistics, smart contracts can be used to automate payment processes, release shipments upon delivery, or trigger penalties for delays. For example, a smart contract could automatically release payment to a supplier once the goods are delivered and verified on the blockchain. This reduces the need for intermediaries and ensures that agreements are executed efficiently and transparently. By eliminating human error and manual verification, smart contracts increase trust and efficiency in the logistics process.
5. Reduced Delays and Increased Efficiency
Blockchain technology enables better communication and coordination between different stakeholders in the supply chain, including suppliers, manufacturers, distributors, and logistics providers. Since all data is recorded in real time on a shared ledger, everyone has access to the same information at the same time. This eliminates the delays caused by waiting for information to pass through multiple channels.
For example, customs authorities can access the same blockchain data as the shipping company, reducing delays caused by documentation discrepancies or customs clearance issues. Furthermore, with real-time access to supply chain data, logistics managers can optimize routes, monitor shipments, and make data-driven decisions that improve overall operational efficiency.
6. Enhanced Collaboration Between Supply Chain Partners
Logistics is a complex ecosystem involving multiple stakeholders, each with different systems and objectives. Blockchain fosters collaboration by providing a single, transparent source of information that all parties can trust.
When supply chain partners can share and verify data in real time, they are more likely to collaborate effectively and make decisions that benefit the entire supply chain. For instance, if a delay occurs, the relevant parties can immediately access the blockchain ledger to identify the cause and take corrective action, preventing further disruptions. This level of transparency builds trust among partners, strengthens relationships, and encourages collaborative problem-solving.
Real-World Examples of Blockchain in Logistics
Several companies are already implementing blockchain technology to enhance transparency in their logistics operations:
Maersk and IBM’s TradeLens: This platform uses blockchain to track shipping containers and goods in real time, providing visibility to all stakeholders in the supply chain. It has significantly reduced the time it takes to process shipping documents and has improved the accuracy of tracking data.
Walmart and IBM’s Food Trust Network: Walmart uses blockchain to track the journey of food products from farm to shelf. By providing transparent and verifiable data on food origins, the system helps prevent contamination outbreaks and improves food safety.
De Beers and Everledger: De Beers, in partnership with Everledger, uses blockchain to track the provenance of diamonds. This helps ensure that the diamonds are sourced responsibly and are not part of illegal trade or conflict zones.
The Future of Blockchain in Logistics
As blockchain technology continues to mature, its potential to enhance logistics transparency will only grow. With advancements in scalability, integration with IoT devices, and more widespread adoption, blockchain has the potential to become the backbone of transparent and efficient global supply chains.
Blockchain can also help address other emerging challenges in logistics, such as sustainability and environmental impact. By providing transparency in sourcing, manufacturing, and transportation, blockchain can help businesses ensure they are meeting sustainability goals and complying with regulations.Blockchain is transforming logistics by enhancing transparency, reducing fraud, improving efficiency, and fostering trust among all stakeholders. By providing a secure, tamper-proof record of transactions, blockchain enables real-time tracking, improves documentation accuracy, and streamlines operations. As the logistics industry continues to embrace this technology, the benefits of blockchain — such as greater transparency and accountability — will become even more pronounced, leading to more efficient and trustworthy supply chains in the future best logistic training in kochi
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research-123 · 1 month ago
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Sustainable Research Practices: How to Minimize the Environmental Impact of Academia
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Academia and research have always been intrinsically married with high energy use, great paper waste and transportation emissions. Sustainability emerges as one of the priorities of most sectors in the currently grappled war with the crisis of global climate. Fortunately, there are many ways in which academic institutions, researchers, and students can adopt more sustainable practices, both in the way research is conducted and in the broader operational aspects of academia.
Energy Consumption Reductions in Research Laboratories Research labs are usually high-energy, active spaces due to the extensive use of specialized equipment, lights, heating, cooling, and ventilation systems within the facilities. Operational demand can be significant in such a facility. To reduce carbon footprint:
Install Energy-Efficient Equipment: Use energy-efficient appliances, LED lights, and low power computing devices in labs and offices. Replace current old fume hoods and ventilation systems with more energy-efficient models; make sure all equipment is shut down outside of operating times. Optimize lab operations. Implement activities such as "shutdown" protocols at the end of the day or during lulls in activity. Promote the sharing of equipment where practicable, to reduce duplication and wasted energy. Green Building Certifications: For new or renovated lab spaces, sustainability should be first priority in design, through green building certifications such as LEED, BREEAM, focusing on energy efficiency, waste reduction, and sustainable materials.
Reduction of Emissions from Travel Perhaps most markedly, traveling, which is such an important feature of most academic conferences, fieldwork, and collaborations, gives research a big environmental footprint. Many greenhouse emissions originate from air travel. To try to change that:
Promote Virtual Conferences and Meetings: Where possible, replace physical meetings with virtual platforms (for instance: Zoom, Teams). Virtual conferences are now increasingly popular and available, making it more feasible for researchers to share work and collaborate on projects without having to travel. Travel locally or regionally instead of flying long distances. Use train, bus, and carpooling services for short journeys instead of air travel. Offset carbon emission. For unavoidable flights, researchers and institutions can join carbon offset programs to balance out the impact of traveling. This would include investments in projects that diminish carbon emissions, such as reforestation or renewable energy initiatives.
Sustainable Paper Use Although digital technologies are on the rise, paper is always a major issue in academia. Printing research manuscripts, textbooks and journal publications are all generating from the information which aims to cut down trees and waste. Steps for doing less paper:
Go Paperless: Convert into digital format for research publication, notes, and data storage. Tools such as Zotero, Mendeley, and EndNote will help researchers about citation management and articles without printing anything on paper. Digital Storage of Data and Sharing: Use cloud-based applications, such as Google Drive, Dropbox, and OneDrive, to share research information and collaborate with others. Fewer printed copies are needed, thus reducing the environmental effect of carrying and handling materials. Recycling and Eco-Friendly Paper: For those times when printouts are necessary, use recycled paper or from sustainably managed forests (look for FSC certification). Encourage recycling and reuse in the offices and lab spaces, limiting unnecessary prints.
Green Research Inputs Research materials, be it lab-based or field-based, can have serious environmental impacts. Chemicals, equipment, in other words: production, consumption, waste, pollution-often form part of the materials lifecycle. End
Green Chemistry and Materials: In the lab, use "green chemistry" methods to reduce the amount of toxic chemicals used, hazardous materials, and waste. Find alternative sources of nonrenewable resources and utilize sustainable resources more extensively throughout the design of experiments. Reuse and Repurpose Equipment: Use methods to reuse or repurpose equipment. The same approach can be applied to software, lab consumables, and furniture. Eco-friendly Field Research Practices: Field research must be such that it minimizes the interruption of the natural environment and is conducted in accordance with best practices for sustainability. Field studies should not be disruptors to ecosystems, and least amount of waste must be generated. Reusable or biodegradable materials must be used in fieldwork.
Sustainable Publishing and Open Access This is another area where research efforts can lead to great positive impacts: the academic publishing business. Traditional publishing is often dependent on mass paper-based processes and huge amounts of energy consumption. Additionally, many researchers cannot access published research because of very high subscription fees. In order to foster sustainability in publishing:
Support Open Access: The most significant positive impact of open access publishing is that it helps enlarge the availability of research. Other environmental benefits may be gleaned from not printing journals. The publication of research can now freely be accessed online through various open-access repositories and platforms, such as arXiv and Zenodo, without being printed. Adopt Digital-First Publishing Models Journals should embrace a digital-first model to avoid the environmental impact of printing and shipping. Most journals already publish online first and print hard copies on demand. Ecological Publishing Practices: For print journals, encourage publishers to use recycled paper, environmentally friendly inks, and energy-efficient printing practices. Encourage reducing the number of hardcopies printed, instead adopting on-demand printing instead of volume printing.
Green Campus Initiatives Sustainability in research is closely tied to the environmental practices of the institutions that support it. Universities and research campuses can adopt broader sustainability policies:
Green Campuses: Energy-saving projects - This includes campus-wide use of solar power, geothermal heating, and the construction of energy-efficient buildings. Encourage students to use green transport facilities like bike-sharing programs and electric vehicle charging stations. Waste Reduction Programs: Students will be encouraged to recycle, compost, and to reduce the use of single-use plastics. Many universities have zero-waste policies in place, diverting the majority of waste sent to landfills. Sustainable Food and Resources: Offer locally sourced, plant-based menu alternatives at university dining facilities and promote sustainable food production practices. Save resources through policies enforcing water conservation and reducing waste of food in the dining halls.
Funding Research with Sustainability Funding agencies and research organizations are employed to fund research in sustainability:
Sustainability as a Criterion: Funding bodies may consider the sustainability criterion of research proposal evaluation. Projects on reducing environmental impact, using renewable resources, or promoting climate action may score an extra point in funding. Support for Green Innovation: Incentive shall be given to research that leads to environmental sustainability to include the most contributory research endeavours and ideas such as renewable energy, climate change mitigations, and sustainable agriculture. Conclusion Sustainable research practices in academia could highly contribute to reductions in the impacts of the research process on the environment. Not only does this include the reduction of consumption in labs as well as the emissions produced from traveling, it also employs the use of sustainable materials in all aspects of research while using sustainable publishing practices. The academia could set an example in proactive strategy towards sustainability and encourage generations of researchers who will come about into considering the environmental impacts of their work, thus creating a more sustainable and resilient global research community.
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uniathena7 · 1 month ago
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Power BI Course: What You’ll Learn and How It Can Boost Your Data Skills
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Introduction to Power BI In today’s digital world, data analysis has become crucial for business analysts looking to gain a competitive edge. Microsoft’s Power BI is a leading tool in this field, transforming data into insightful, actionable visualizations. This blog will introduce the essence of a Power BI course, covering its curriculum, benefits, and how you can start this rewarding journey. Whether you’re new to data analytics or looking to sharpen your skills, a Power BI course can be a stepping stone toward a thriving career in data analytics.
What to Expect in a Power BI Course A Power BI course’s content varies depending on the provider and level (beginner, intermediate, advanced). However, most courses will focus on these key areas:
Core Features: Learn how to import, transform, and model data to create insightful analyses.
Data Visualization Techniques: Master the art of creating clear, concise, and informative charts, graphs, and visuals.
Dashboard and Report Design: Gain best practices for building interactive and easily understandable dashboards and reports.
DAX (Data Analysis Expressions): Develop skills in DAX, Power BI’s formula language, to perform custom calculations and enhance data analysis.
Understanding Power BI Power BI is a suite of tools, including services, apps, and connectors, designed to transform raw data into understandable, interactive insights. Whether your data is from an Excel spreadsheet, cloud-based storage, or an on-premises data warehouse, Power BI enables you to connect, visualize, and share critical insights. The platform’s strength lies in its ability to integrate data from numerous sources into easy-to-read, real-time reports and dashboards.
Why Power BI is Essential in Data Analysis In an era where data drives strategic decision-making, Power BI’s capabilities empower users to process and visualize data efficiently and intuitively. It enables stakeholders to access complex data through reports and dashboards, aiding informed decisions. As businesses continue to generate massive amounts of data, Power BI’s user-friendliness and flexibility make it indispensable for in-depth data analysis, reporting, and uncovering insights that drive business strategy.
Key Features of Power BI for Data Analysis Here are some core features that make Power BI a powerful tool for data analysis:
Data Connectivity: Power BI connects to multiple data sources, including on-premises and cloud databases, Excel, and more.
Data Visualization: The tool offers various interactive charts and visuals to present data clearly and compellingly.
Data Modeling: Power BI enables you to define relationships between data tables, ensuring consistency and accuracy.
Data Transformation and Manipulation: Power BI allows users to clean, transform, and structure data, handling duplicates and formatting issues.
Interactive Reports and Dashboards: Users can create and share interactive dashboards and reports with colleagues and stakeholders.
Natural Language Q&A: Users can explore data by asking questions in plain language, making data analysis accessible even for those unfamiliar with complex query languages.
Together, these features empower analysts to convert raw data into valuable insights, driving smarter decision-making across organizations.
Choosing the Right Power BI Course Selecting the right Power BI course is a thoughtful decision that should align with your goals, experience level, and career plans. Mastery of business intelligence and data visualization is valuable in decision-making across industries, and learning Power BI can enhance your competitive edge. Here are some factors to consider when choosing a course:
Course Curriculum: Ensure the course covers various Power BI features, from the basics to advanced data analysis and reporting. A solid foundation is essential as you progress.
Certification and Accreditation: Check if the course offers certification from a reputable institution.
Practical Application: Courses that provide hands-on learning will deepen your understanding and better prepare you for real-world scenarios.
By evaluating these aspects, you can select a Power BI course that best suits your learning style, experience, and career goals. Remember, the ideal course is one that aligns with your personal and professional development objectives.
Advantages of Power BI Certification With the rising demand for skilled data analysts, a Power BI certification can significantly enhance career prospects. Online Power BI courses provide structured learning and allow you to work at your own pace, making it a convenient path to earning this valuable certification.
Career Opportunities A Power BI certification opens doors to numerous career paths. As companies increasingly rely on data-driven insights, the demand for Power BI professionals has surged. Certification can help you stand out in the job market, making you eligible for roles such as Data Analyst, Business Intelligence Analyst, or Dashboard and Visualization Expert. Certified Power BI experts are sought across diverse industries, including finance, healthcare, marketing, and technology, where data interpretation is essential for decision-making.
Skill Development Pursuing Power BI certification develops several key skills:
Power BI Desktop and Service: Learn to connect, transform, and visualize data using Power BI’s desktop app and cloud service.
Data Modeling and Reporting: Build efficient data models and create insightful reports.
DAX and SQL: Gain proficiency in DAX and SQL, using these tools to manipulate and analyze data.
Analytical Thinking: Develop critical thinking skills to interpret data and uncover trends.
Collaboration and Sharing: Learn to share insights and collaborate with teams, ensuring data-driven decisions are accessible to all stakeholders.
Conclusion Enrolling in a Power BI course is a strategic step toward mastering data visualization and business analytics. The right course can unlock career opportunities and boost your analytical abilities. Whether you’re a beginner or a professional looking to validate your skills, there are numerous Power BI courses to suit your needs, such as UniAthena’s “Basics of Visualization in Power BI” or advanced options like “Mastering Power BI: Data Modeling and DAX.” A comprehensive curriculum, practical skill application, and certification can set you on the right path.
As data analysis continues to evolve, ongoing learning and skill development are crucial for staying competitive in this fast-paced field. With Power BI skills, you can elevate your career in data analytics, a growing area of opportunity — even in emerging markets like South Sudan, where data-driven decision-making is becoming increasingly valuable.
Bonus Points
Boost Your Resume: Stand out with in-demand Power BI skills.
Increase Your Earning Potential: Certified professionals often command higher salaries.
Explore New Career Paths: Gain eligibility for exciting roles in data analysis, business intelligence, and more.
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