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Vendor HP
Exam Number HP0-G11
Exam Name CCI Fundamentals for Solution Architects
Questions 132 Q & A
Recent Update April 17, 2018
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HP0-G11 Certification Brain Dumps Source : CCI Fundamentals for Solution Architects

Test Code : HP0-G11
Test Name : CCI Fundamentals for Solution Architects
Vendor Name : HP
Q&A : 132 Brain Dump Questions

HP CCI Fundamentals for

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Rupee can see greater power in subsequent four-6 weeks: Raamdeo Agrawal, Motilal Oswal monetary capabilities | killexams.com real questions with brain dumps

In an interview with ET Now, Raamdeo Agrawal , Joint MD, Motilal Oswal financial services , talks in regards to the Indian markets with a distinct emphasis on the rupee and a lot of shares. Excerpts:

ET Now: A month in the past after we interacted, you were no longer a part of the bull camp. The markets have made a comeback on the grounds that then. Are you stunned?

Raamdeo Agrawal: No.

ET Now: Are you no longer satisfied?

Raamdeo Agrawal: It didn’t seem to be that the market will not go down. this is because earnings were very effective. previous, we had stated very robust salary of 25%-27%. there have been lots of clamour for the market collapsing. We had observed gas and oil parity. I didn’t be aware of that oil will crumple so fast. It have to had been at 107-108 earlier and now it is at ninety two-93.

So, there's a dramatic exchange within the power sector far and wide the realm and by some means newspapers are not talking about it as lots as they may still be speaking about it. they are busy with different macros. I don't read satisfactory about coal expenditures which have cracked by 30%, oil costs are falling very impulsively. Between the day prior to this and these days, $4-$5 had been washed off.

ET Now: Don’t you feel it really is getting nullified on account of the greenback? Oil prices are down, but the rupee has additionally gone down. So universal we are jumping within the equal area?

Raamdeo Agrawal: The rupee is in a close loop. It became susceptible because oil changed into very excessive. Now as oil is low, the rupee may still develop into greater. however, it is awfully advanced as to how a whole lot exports are impacted because of the international slowdown. It could occur that in the next four-6 weeks, we delivery seeing a bit greater energy within the rupee. here is because the oil import bill should still logically come down.

i hope if oil prices come down to $eighty-$eighty five or to some sensible level, the executive seizes this opportunity and does wholesale reform in the oil and gas sector, which has been pending for such a very long time. The govt sometimes frees diesel, occasionally they free petrol and therefore the complete sector is in a large number.

here is a time they could make use of low oil fees and then go away it on to the markets to assess. 2-3% fiscal deficit is coming handiest out of petroleum items and corporations like HP, BP, IOC and ONGC are suffering because of lack of govt policies.

So, it may well be an excellent possibility for the government, however this govt has a really unhealthy tune list of supplying anything else on any chance.

ET Now: Market insiders are telling me notwithstanding oil expenditures have corrected, you were promoting your exposure to IOC?

Raamdeo Agrawal: That become two-three months lower back. We obtained out of it as a result of we received bored to death.

ET Now: Did you promote all IOC shares?

Raamdeo Agrawal: We had 5% and we bought out of that.

ET Now: You track automobiles with a magnifying glass. The issues for the field are plenty. First, the bottom effect has kicked in, the monsoon growth has been k and competition has intensified?

Raamdeo Agrawal: We need to analyze every section with possibility in mind. Two-wheeler is a really mass section and has grown at about 12% for the first two months which isn't dangerous. I don't think we are any place to hit the base effect at the moment. 16 million bikes in a inhabitants of 1.2 billion are nothing. we have good distance to move. Some seven-eight two wheeler flora are arising. So, we will see a larger base very at once. 12% growth is good. I do not believe that's a bad sign provided that there's momentum.

4-wheelers are an entire mess as a result of consumers need diesel engines. Market leader Maruti has an issue of mix administration. The phase is still turning out to be at about 2%-three% regardless of non-availability of favored cars. youngsters, the momentum is misplaced and demand is slowing down, which is supposed to be occurring on the peak of fee cycle. With slowing of the economic system, we are alleged to see motor vehicle demand slowing down. however, it isn't a collapse of 20%-30% well-known. Mahindra is doing neatly and JLR is doing respectable. So, we have not seen a breakdown of the car industry per se.

ET Now: Do you suppose the hay days of Tata Motors are over or do you think there continues to be money to be made on this inventory?

Raamdeo Agrawal: My realizing of Tata Motors principally on the JLR half is awfully limited. however, the momentum is fairly effective. taking a look at what Mr. Tata has done, we need to take some sign from this. Valuations are very cost-effective. So, my feel is that there is lots going on in Tata Motors.

ET Now: what is your call on the cement sector? irrespective of what occurs on the CCI probe, do you like the fundamentals? what's using the movement that we now have considered in the sector for the final few days?

Raamdeo Agrawal: There are two issues. at the beginning, the extent increase is relatively strong. A 12%-13% increase is lots more than what's occurring in the economic system or in the building segment, no matter if it's deepest or public. Secondly, regardless of potential utilisation at sub 80%, their profitability has been very robust, primarily in the upper part of the country. whether it is cartelisation which is alleged right now or a even handed working ambiance, but by some means during the past we have not viewed a excessive profitability in a lessen ability utilisation environment.

nowadays, we're seeing at below eighty% means utilisation or in some situations 65%-70%, they are managing the complete deliver chain so smartly. it is a sellers’ market. despite this means utilization, they've created a marketers’ market. So, this is a really unique condition in India. For the first time it has happened. in order that electricity is enjoying out within the shares.

ET Now: shares are telling this story, most of the cement stocks are at 40% to 50%. ultimate time when you were right here, I reminded you of your pain, let me remind you of your profit - Mcleod Russel. It become at 220 and now at 300, when will you promote it?

Raamdeo Agrawal: Tea expenditures are yet to move to Rs 300, they are still at 180-200. The better of tea cycle for the inventory market guys and worst for the customer is the second half of the year when the height construction season is over. here is because when gardens are producing, we nevertheless have satisfactory give within the pipeline.

as soon as the season involves an conclusion sometime in October-December, there can be three-4 months of lull. There could be no new construction and when construction is a little wanting consumption, we are able to see the expenditures rocketing.

ET Now: What are your incomes estimates for Mcleod Russel for FY13?

Raamdeo Agrawal: They earned about Rs 280-285 crore final 12 months. This yr they should make closer to Rs 400 to 450 crore going by using the current trade in tea expenditures.

ET Now: what is the deserving PE distinct for Mcleod Russel?

Raamdeo Agrawal: I do not believe it's a PE varied stock. We should buy it on substitute can charge to the gardens.

ET Now: what is the replacement charge?

Raamdeo Agrawal: The alternative charge may still be about Rs 4000 crore.

ET Now: Does that imply the inventory could go to 400?

Raamdeo Agrawal: That should be the situation if it reaches the replacement charge.

ET Now: what's your name on banks? Do you feel the NPA overhang is here to dwell or do you believe it's time to buy when you consider that activity costs are going to head downwards?

Raamdeo Agrawal: NPA overhangs will proceed as a result of there is still a stress in the economic system. We may also have seen a height of it, but with this type of activity cost, lower growth rates, the rupee heading absolutely nowhere still, we are seeing newer lows everyday. The stress is relatively excessive in the corporate balance sheet, in particular the ones which are vulnerable, which can be leveraged where they have got government dealing with valued clientele.

So, there's a problem in some of these corporates, however all of the pessimism is already built into the latest valuation of shares. That permits us to say that we've considered the worst or we're passing during the worst. After seeing the q4 effect of SBI, my feel is that here's time to hold accumulating the stock.

ET Now: what is the good fee to purchase State bank of India?

Raamdeo Agrawal: Any kind of suggestion is respectable handiest on the existing price. There is no factor in trying to figure out the stock at 1500. this is a very good buy.

ET Now: you have offered your 5% keeping in IOC and have decreased your exposure to Bharti. So what are you buying?

Raamdeo Agrawal: we now have bought ITC.

ET Now: Are there any new ideas?

Raamdeo Agrawal: No, I don't believe we've modified the rest. people may still no longer get damage. It isn't appropriate to especially go on principally the smaller groups because in smaller companies americans get caught.

ET Now: If somebody who walks up to you and says he is able to take a ten% to 15% draw back however asks you to give three giant cap ideas and one midcap theory where you see a 50% or a 100% appreciation in next three years?

Raamdeo Agrawal: The index itself will provide that. SBI is a great wager. In three-four years if it does not double, there is whatever thing fundamentally wrong in my realizing of banking and principally SBI. Else, whatever thing very dangerous will ensue to the Indian economic system. It can't occur.

we are saying that it could make Rs 20,000 crore income in the present yr. We get the inventory at Rs 130,000-140,000 crore and the money provide is transforming into at 15%. additionally, they have achieved the entire provisions for whatever mess up they'd. So, SBI could have a pleasant two-three years earlier than it hits on a brand new set of issues.

ET Now: I actually have requested you for four. you have given me one. What are the others?

Raamdeo Agrawal: We have to purchase shares on which we're comfy. My announcing will not assist the viewers as a result of on the end of it they must control their portfolios. So, they may still purchase into portfolios managed by specialists or mutual funds. There are excellent mutual fund guys and if they are sensible in picking out their own stocks, they do not need my information.

ET Now: where do you suppose price is during this market?

Raamdeo Agrawal: We must go about taking a look at shares like Bosch.

ET Now: Is that a new conception?

Raamdeo Agrawal: It is not a new thought for us. For 10 years, we now have bought into this and it's an amazing concept. it is an automobile and has moderate monopoly. there is a lot of pricing vigor. earlier than searching into their own vegetation, Tata Motors and Ashok Leyland need to figure out no matter if Bosch is working or no longer because it is a worldwide monopoly, it is illiquid.

ET Now: The stock is at 9000.

Raamdeo Agrawal: There are liquidity concerns around 8000 however for the closing 10 years it has been providing 24%-25% compounded returns without any hassles and thru the Lehman disaster. The time has modified and we wish to relieve 2003 to 2008, but we aren't going to get that. we can have much more unique instances, however the theme can be different and we do not know what might be the theme.

ET Now: what's your guess?

Raamdeo Agrawal: I feel it can be led with the aid of consumerism. the USA market has set the style. even if it's facebook or Apple, there's a great deal happening within the buyer house. We need to find our client proxies to that. The executive is in unhealthy shape not most effective in Europe, the us and India, but all over the govt is terribly vulnerable. So, the corporations can be saved through the buyers.

ET Now: So may still we not buy agencies which might be stylish on executive spending like capital items, L&T and engineering groups?

Raamdeo Agrawal: There is only one L&T, however likely the country wants 10 more L&T. L&T is a secure or an outstanding wager, however i might keep away from very closely govt-dealing with form of groups.

ET Now: supply us an example?

Raamdeo Agrawal: IOC is an example. despite the fact that we must be a part of the subsidy, we should be a subsidy giver rather than a taker. We had such a multitude and with the oil expenses literally collapsing in a single month through essentially 25%-27%, it's to be seen whether the executive seizes the probability and gets out of this and may it allow the oil and gas sector to be freed.

ET Now: Is there benefit in revisiting Reliance?

Raamdeo Agrawal: they have got proven determination to buy returned stocks.

ET Now: Will Reliance may be the third stock we have discussed after Bosch and SBI?

Raamdeo Agrawal: I wouldn't have Reliance in my portfolio. i would hesitate to put the stock in that record, but at round seven hundred, it appears a very interesting inventory. i'm not clear about how a decline in international oil and gas costs will have an effect on Reliance. youngsters, in the remaining 10 years Reliance has been one of the biggest gainers in terms of their net value and market cap.

ET Now: 10 years in the past Bosch turned into at 119. It has managed to develop at a compounded fee of 25 which is staggering?

Raamdeo Agrawal: sure, it's wonderful and with very little volatility. We did not ought to trouble about what is the quarterly call and whether there is a 2 bps up or down. The index will do about 15%-17% even from the latest ranges. After each decline it goes by using four instances roughly and so it is ready 15%-16% counting on the sort of environment. So, from 2010 to 2020 it appears that it can be 4 times. There is not any reason why it will not be four instances and that's the hope through which we live.

ET Now: Bosch and Hero Honda have managed to grow, however which is the subsequent Bosch and which is the next Hero Honda, in keeping with you?

Raamdeo Agrawal: Bosch is going to be Bosch. this is since it is a world monopoly and we aren't going to create another world monopoly in the next 10 years or nowadays. So, if we want to invest in world monopoly, we need to purchase Bosch.

ET Now: So why hunt for whatever new when decent groups are already there?

Raamdeo Agrawal: yes, someone advised me ‘Adami budha ho jata hai, dhanda budha nahi hota hai’. So, corporations go on.

ET Now: I have not ever heard this one earlier than.

Raamdeo Agrawal: I also didn’t hear some thing like this until very currently. Aditya Puri may be retiring in four-5 years. Mr. Parekh might also retire in just a few years from HDFC. youngsters, these are associations that are 15-25 years historic and all the banks in the world are greater than a hundred years historic. So, there are loads of prosperous times forward for these institutions.

ET Now: Do you like anything else from the deepest banking names?

Raamdeo Agrawal: they're all good in the experience that we ought to be looking at them very carefully. we've restricted time and restricted energy to go through each stock. So, if we like the most appropriate and that is supplying 25%, why bother about anything else?

ET Now: Do you consider Tata metal at these ranges could be a good deep value contra call? The booklet cost for Tata steel is about 410. it is at 424 and i understand you music this one with a magnifying glass?

Raamdeo Agrawal: it is a extremely fair rate and the fee to e-book including goodwill. So, I think 410 is a very fair rate for the stock as a result of we don't be aware what is occurring in Corus allocation which is operating into $13-$14 billion. So, if any one has a good repair over that he will have an potential in purchasing or selling that inventory.

ET Now: What are the groups, businesses that are in your radar?

Raamdeo Agrawal: Oil is moving hastily and this will trade a lot of issues. We do not know why it's coming down by means of $30, it's actually a crash. somebody tells me that it's a geopolitical Saudi Arabia and Iran and the USA. I begun thinking it was greater because of gasoline. unlimited fuel has been found in the us. So the fuel is pulling down WTI and WTI is flattening Brent or it may well be just the aggregate.

this is because the consumption remains at a full $ninety million barrels a day and creation is pumping massive time. So, this changes lots of issues. Coal expenditures are down and oil prices are down. Rupee is at all time low. We are not capable of make experience of where precisely the reliable ambiance is and the way a ways it's away.

ET Now: So what is the next big set off that the market goes to monitor out for RBI has executed with? we now have considered the fashion in GDP, IIP, US Fed meet is over now, Greece elections are accomplished with. what is the subsequent set off for the market?

Raamdeo Agrawal: My feel is it is going to come from monetary facet. I nonetheless consider that interest expense declines can be pretty sharp going forward. The oil price collapse can also lead to decrease inflation at some element of time in four or six weeks. youngsters, it will delivery feeding into somewhere in the complete issue and inflation which is food linked. If there is brief give, these farmers are very dynamic.

We supply them MSP and they will produce as much you want and it will a 90 days crop. We announce the MSP now in six months to see the response coming in. So, we want some dynamic administration of the condition. It is not that bad within the experience that we now have extra food grains and nonetheless have a extremely excessive inflation which you aren't in a position to kill. So, we want a little extra inventive concept technique to manipulate the inflation.

ET Now: yet another vital construction which goes to take region within the close time period, a brand new Finance Minister and a new President. How vital or unimportant is it going to be for the market?

Raamdeo Agrawal: Whosoever comes or replaces, it does not make a change. One is always hopeful and confident, but Delhi has upset massive time. So, the market is pricing within the disappointment and if any dynamic man comes and wakes up in the morning and says that nowadays I have to take take care of the country, it truly is the chief who is assertive and the markets will in fact respond.

ET Now: When do you think Indian markets will touch a brand new all time high and when do you feel the brand new bull market will birth? When do you consider that raging bull market will make a comeback?

Raamdeo Agrawal: it's going to come back and it will be a good deal greater. i do know this plenty.

ET Now: Two or three years?

Raamdeo Agrawal: We have no idea as issues are going on very quick. for instance, we don’t know what is going to occur if oil goes to $50.

ET Now: When oil become at $one hundred ten, everybody mentioned let oil go to $80, a brand new bull market will delivery. Now oil is at $eighty, we desire it to go to $50?

Raamdeo Agrawal: We can't time the bull market. conditions are being created now, but when it occurs, it will be very massive.

Samsung Electronics : Shardul Amarchand Mangaldas & Co. Advises HP on CCI acclaim for Acquisition of international Printer company of Samsung Electronics | killexams.com real questions with brain dumps

Shardul Amarchand Mangaldas Co. offered criminal and strategic counsel to HP Inc. (HP) from a contest law perspective on the subject of its proposed acquisition of the international printer company of Samsung Electronics Co. Ltd. This was the first time that the competitors commission of India (CCI) was assessing a transaction in the printer section. The firm has been able to relaxed CCI popularity of the transaction on 28 April 2017.

The competitors legislation follow of Shardul Amarchand Mangaldas Co. (SAM Co.) changed into concerned in getting ready, drafting and submitting a detailed form II (lengthy kind) notification kind with the CCI and all linked responses and submissions with regards to the proposed acquisition. The crew was led with the aid of Naval Satarawala Chopra, partner; and Aparna Mehra, associate; and included Ritwik Bhattacharya, associate; Supritha Prodaturi, associate and Sapan Parekh,associate.

As a part of the overview, the CCI examined numerous facets concerning the scope of the primary product market and third celebration issues on the transaction, which SAM Co. changed into capable of with ease address. The company secured an approval from the CCI to the proposed acquisition, after a detailed review that spanned approximately a hundred and seventy calendar days.

other advisors to the transactionincluded Skadden, Arps, Slate Meagher Flom LLP (international counsels for HP).

About Shardul Amarchand Mangaldas Co.

established once again in 2015, Shardul Amarchand Mangaldas Co., is one in all India main legislation establishments rated by international organizations, legislation directories and knowledgeable journals. As a full service legislations firm, Shardul Amarchand Mangaldas is well known in the business community for its skill to allow company, its imaginative options, responsiveness and collaboration with its valued clientele. The enterprise continues its journey as a young and shrewd enterprise in its Centenary year of Excellence.

at the moment, the enterprise has over 450 legal professionals, together with 85 partners, providing prison features via its workplaces at New Delhi, Mumbai, Gurgaon, Ahmedabad, Kolkata, Bangaloreand Chennai.

Copyright 2017, NewsVoir - All rights reserved , supply Indian Press Releases

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