Facebook has bought a 9.9% stake in Reliance Jio for $5.7 billion (Rs 43,574 crore), the telecom unit of Reliance Industries Ltd (RIL) in a deal that gives the social media giant a firm foothold in a fast-growing massive market and helps the Indian oil-to-telecom conglomerate to significantly cut debt. The deal values Jio at $65.95 billion. Commenting on the deal, RIL said this is the largest investment for a minority stake by a technology company anywhere in the world and the largest FDI in the technology sector in India. The investment values Jio Platforms amongst the top 5 listed companies in India by market capitalization, within just three and a half years of launch of commercial services, it said in a statement.

Equity Research primarily means analyzing the company’s financials, perform ratio analysis, forecast the financial in excel (financial modeling) and explore scenarios with the objective of making BUY/SELL stock investment recommendation. Equity Research analyst discusses their research and analysis in their equity research reports. This series is divided into 10 parts as discussed in the video

This session has been organized by J&K Branch of NIRC of ICAI & speaker for the session is CA Sanchit Aggarwal (Founder of Finthink). You can download the excel files using below link : https://drive.google.com/drive/folders/1DFuv6bShz4eS2kgx3v2Owq_Hdta3V5Ux?usp=sharing

Of all the wild, unprecedented swings in financial markets since the coronavirus pandemic broke out, none has been more jaw-dropping than Monday’s collapse in a key segment of U.S. oil trading. The price on the futures contract for West Texas crude that is due to expire Tuesday fell into negative territory -- minus $37.63 a barrel. That’s right, sellers were actually paying buyers to take the stuff off their hands. The reason: with the pandemic bringing the economy to a standstill, there is so much unused oil sloshing around that American energy companies have run out of room to store it. And if there’s no place to put the oil, no one wants a crude contract that is about to come due. Underscoring just how acute the concern over the lack of storage is, the price on the futures contract due a month later settled at $20.43 per barrel. That gap between the two contracts is by far the biggest ever.

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How to use advance features of Excel (Flash Fill). You can download the excel file from below link : https://drive.google.com/drive/folders/1xx1de7tPHzR3hmbYCzerdExsWHo4X49E?usp=sharing Facebook : https://www.facebook.com/finthink Instagram : https://www.instagram.com/finthink.in/