FinAdda

10/04/2024

Certainly! **Non-Resident Indians (NRIs)** can now set up the **Unified Payments Interface (UPI)** on their **international mobile numbers** in **ten countries**, including:

1. **Canada**
2. **USA**
3. **UAE**
4. **Singapore**
5. **Australia**
6. **United Kingdom**
7. **Hong Kong**
8. **Oman**
9. **Qatar**
10. **Saudi Arabia**.

Previously, setting up a UPI ID required a valid **Indian mobile phone number**. However, with the new guidelines issued by the **National Payments Corporation of India (NPCI)**, NRIs in these countries can now activate a UPI account using their international mobile numbers with the respective country code. This move simplifies payment and money transfer convenience for NRIs when they visit India and need to pay across millions of Indian merchants accepting UPI.

Keep in mind that to access UPI from an international mobile number, users will need an **NRE (Non-Resident External)** or **NRO (Non-Resident Ordinary)** account⁶. This development is being hailed as a significant step forward for NRIs, allowing them to make seamless payments without relying on their India-based phone numbers and avoiding expensive international roaming charges. 😊

Source: Conversation with Bing, 4/10/2024
(1) NRIs can now set up UPI on their international mobile numbers: List of .... https://indianexpress.com/article/technology/nri-upi-on-international-mobile-numbers-list-of-supported-countries-8375685/.
(2) NRIs From 10 Countries Can Now Use UPI To Shop In India - Paytm. https://business.paytm.com/blog/accept-upi-payments-from-nris-ft/.
(3) upi: UPI for NRIs with international mobile numbers: Who can use, how .... https://m.economictimes.com/wealth/save/upi-for-nris-with-international-mobile-numbers-who-can-use-how-it-will-benefit-explained/articleshow/99834299.cms.
(4) How NRI’s Can Use International Numbers for UPI Payments. https://medium.com//how-nris-can-use-international-numbers-for-upi-payments-945c2bf9745c.
National Payments Corporation of India

Non-Resident Indians (NRI) will now be able to access the Unified Payments Interface (UPI) on their international mobile numbers as well.

10/04/2024

**UPI International** is a feature that enables you to make **QR code payments** using your **Indian bank account** to select merchants abroad. Currently, you can make UPI International payments in the following countries:
- **UAE**
- **Singapore**
- **Bhutan**
- **Sri Lanka**
- **Nepal**
- **France**²⁵.

This feature allows Indian users to make **international UPI payments** by scanning a QR code at selected businesses abroad in the specified countries. To get started, you'll need to activate international payments on UPI apps that support this feature, such as **PhonePe**, **Google Pay**, and the **BHIM UPI app**³⁴. It's a convenient way to transact digitally while traveling internationally! 🌎💸

Source: Conversation with Bing, 4/10/2024
(1) What is UPI International on PhonePe?. https://cms.phonepe.com/en/myhelp/money-transfers/upi-international/what-upi-international-phonepe/.
(2) List of countries accepting India's UPI - The Indian Express. https://indianexpress.com/article/technology/tech-news-technology/upi-goes-global-supported-countries-9164907/.
(3) Your full guide to UPI international transfers - Wise. https://wise.com/in/blog/upi-international-transfers.
(4) With ‘UPI International', PhonePe enables payment to foreign merchants .... https://www.hindustantimes.com/technology/phonepe-launches-upi-international-for-payment-to-foreign-merchants-all-you-need-to-know-101675764777624.html.
(5) NPCI - National Payments Corporation of India - Official Website. http://www.npci.org.in/.

National Payments Corporation of India

UPI International is a new feature that enables you to make QR code payments using your Indian bank account to select merchants abroad.

08/04/2024

The **Unified Payments Interface (UPI)** is a robust digital payment system in India that powers multiple bank accounts into a single mobile application, merging several banking features. Let's dive into the architecture of UPI:

1. **Background**:
- UPI was developed by the **National Payments Corporation of India (NPCI)**, an umbrella organization for all retail payments in India. It received guidance and support from the **Reserve Bank of India (RBI)** and the **Indian Banks Association (IBA)**.
- The goal was to create a seamless, real-time payment system that would revolutionize how individuals and businesses transfer money.

2. **Key Components of UPI Architecture**:
- **Mobile Application**: UPI operates primarily through mobile applications. Users can download UPI-enabled apps from their respective banks or third-party providers.
- **Virtual Payment Address (VPA)**: Each user creates a unique VPA, which acts as their digital identity. The VPA is linked to their bank account(s). For example, a VPA could be something like "username@bankname."
- **Payment Service Provider (PSP)**: PSPs are entities (banks or non-banks) that provide UPI services to users. They develop UPI-enabled apps and manage transactions.
- **Payment Gateway**: The payment gateway facilitates communication between the user's app and the bank's systems. It handles authentication, authorization, and transaction processing.
- **National Financial Switch (NFS)**: The NFS connects various banks and their systems. It ensures interoperability and seamless fund routing.
- **Immediate Payment Service (IMPS)**: UPI leverages IMPS for instant fund transfers. IMPS provides the underlying infrastructure for UPI transactions.
- **Aadhaar Integration**: UPI allows linking Aadhaar numbers to bank accounts, enabling biometric authentication for transactions.
- **Security Layers**: UPI incorporates robust security measures, including two-factor authentication (2FA), encryption, and tokenization.

3. **Transaction Flow**:
- A user initiates a transaction through their UPI-enabled app.
- The app communicates with the payment gateway, which validates the user's credentials.
- The payment gateway interacts with the NFS to route the transaction to the recipient's bank.
- The recipient's bank processes the transaction and sends a confirmation back to the user's app.

4. **Benefits of UPI**:
- **Interoperability**: UPI works across different banks and apps, promoting financial inclusion.
- **Instant Transactions**: Funds transfer happens in real time.
- **Simplified Payments**: Users can send money using VPAs instead of remembering complex bank details.
- **24/7 Availability**: UPI operates round the clock.

In summary, UPI's architecture combines mobile apps, VPAs, PSPs, payment gateways, and IMPS to create a seamless, secure, and efficient payment ecosystem in India¹²³.

Source: Conversation with Bing, 4/8/2024
(1) NPCI - National Payments Corporation of India - Official Website. http://www.npci.org.in/.
(2) Decoding India’s Tech Stack: A Deep Dive into UPI’s Architecture. https://medium.com//decoding-indias-tech-stack-a-deep-dive-into-upi-s-architecture-65dae5c5920a.
(3) Technical understanding of the Unified Payment Interface (UPI ... - Medium. https://medium.com//technical-understanding-of-the-unified-payment-interface-upi-part-1-ce0f4b8c1fcb.

National Payments Corporation of India (NPCI), enabling digital payments and settlement systems in India, is an initiative of RBI and IBA

06/04/2024

**RBI** ने **Unified Payments Interface (UPI)** के लिए दो नए फीचर्स की घोषणा की है, जिससे लेन-देन और नकद जमा को और भी आसान बनाया जा सके। ये घोषणाएँ **RBI के मौद्रिक नीति विवरण** के हिस्से में की गई हैं। नए UPI फीचर्स क्या हैं और इनका आपके लिए क्या मतलब है, चलिए समझें:

1. **Third Party Apps के माध्यम से PPIs के लिए UPI एक्सेस**:
- अब तक, **PPI वॉलेट्स** से **UPI पेमेंट्स** केवल PPI जारीकर्ता द्वारा प्रदान की गई **वेब या मोबाइल ऐप्स** के माध्यम से की जा सकती थी।
- अब **third-party UPI ऐप्स** का उपयोग करके भी PPI वॉलेट्स से UPI पेमेंट्स की जा सकती है।
- इससे ग्राहक की सुविधा बढ़ेगी और डिजिटल पेमेंट्स को छोटे मूल्य की लेन-देन के लिए प्रोमोट किया जा सकेगा।
- इस निर्देशिका के तहत, **PPI वॉलेट होल्डर्स** (जैसे PhonePe, Freecharge, आदि) अपने वॉलेट्स को third-party UPI ऐप्स से लिंक कर सकते हैं लेन-देन के लिए।
- इस विकास से PPI वॉलेट्स के बीच intwrpolability में भी सुधार आने की उम्मीद है, जिससे PPIs को बैंक खातों और RuPay क्रेडिट कार्ड की तरह किसी भी UPI ऐप्स से लिंक किया जा सकेगा ।

2. **Cash Deposit Facility के लिए UPI को सक्षम करना**:
- अब UPI के माध्यम से **कैश जमा मशीनों** पर कैश जमा किया जा सकता है।
- इससे कैश जमा प्रक्रिया और भी आसान हो जाएगी।

06/04/2024

If calmness and humility has a face, then it is Peyush Bansal
Huge respect for this guy, the way he has handled so many situations in Shark Tank India show
Lenskart की नेटवर्थ 1 बिलियन US dollars (लगभग 10,000 करोड़ भारतीय रुपए) है और पीयूष बंसल जी की पर्सनल नेट वर्थ लगभग 600 करोड़ रुपए है, इसके बावजूद इतनी विनम्रता, ज़मीन से इतना जुड़ा रहना बहुत आश्चर्यजनक है।
शो के पहले सीजन में नमिता थापर ने जब 16,000 रुपए के जूते के बारे में बताया तो पीयूष बेहद आश्चर्य में पड़ गए कि इतने महंगे जूते? क्योंकि इतने महंगे जूते कभी खरीदे ही नही।
जुगाड़ू कमलेश और ऐसे ही कुछ और सोशल cause को सपोर्ट करना हो।
या अपने बेहद रुड और एरोगेंट कॉम्पिटीटर की पिच को बहुत ही ग्रेसफुली डील करना हो,
भोपाल की ही पिचर सौम्या को खुद जाकर पानी देकर समझाना हो कि "कोई बात नही, मुझसे भी गलतियां होती हैं, मैं खुद भी रोज सीखता हूं", सीजन 3 में पॉपकॉर्न कंपनी के (मैं अपना फेवरेट हूं टाइप) पिचर सूरी जी द्वारा shhhhh कहकर चुप कराए जाने पर भी ये कहकर बुरा नही मानना कि "कोई बात नही, उम्र में बड़े हैं मुझसे" आदि
बहुत सारे इंसीडेंसेज हैं जिनसे हम सभी पियूष बंसल जी से विनम्रता और अपने से less priviledged लोगों को इज्जत देने का गुण सीख सकते हैं।
फलदार पेड़ जो झुकता है सदा ही इज़्ज़त पाता है। और हम ऊपर उठने के बावजूद जितना सम्मान दूसरों को देते हैं, उससे हमारी खुद की ही इज़्ज़त कई गुना अधिक होकर बढ़ती है।
Hats off to Mr Peyush Bansal 👏👏👏👏

30/03/2024

ACKO Health

30/09/2023

JP Power Ventures Limited (JPVL) is a leading power generation company in India, with a portfolio of over 10,000 MW of operational and under-construction projects. The company is a part of the Jaypee Group, one of the largest conglomerates in India.

JPVL has a diversified portfolio of power generation projects, including hydropower, thermal power, and renewable energy. The company is also developing projects in the areas of transmission and distribution.

**Hydropower**

JPVL is the largest private sector hydropower developer in India, with a portfolio of over 3,000 MW of operational and under-construction projects. The company's hydropower projects are located in the Himalayas and other mountainous regions of India.

**Thermal power**

JPVL has a portfolio of over 5,000 MW of operational and under-construction thermal power projects. The company's thermal power projects are located in various parts of India, including Madhya Pradesh, Uttar Pradesh, and Rajasthan.

**Renewable energy**

JPVL is developing a portfolio of renewable energy projects, including solar and wind power. The company's renewable energy projects are located in various parts of India, including Rajasthan, Gujarat, and Maharashtra.

**Transmission and distribution**

JPVL is also developing projects in the areas of transmission and distribution. The company is developing a transmission line to evacuate power from its hydropower projects in the Himalayas to the rest of India. The company is also developing a distribution network to supply power to consumers in Madhya Pradesh.

JPVL is a leading power generation company in India with a diversified portfolio of projects. The company is well-positioned to benefit from the growing demand for power in India.

**Recent developments**

In recent years, JPVL has been focusing on expanding its renewable energy portfolio. The company has commissioned a number of solar and wind power projects in recent years. JPVL is also developing a number of green hydrogen projects.

JPVL is also focusing on improving the efficiency of its operations. The company has implemented a number of initiatives to reduce costs and improve profitability.

JPVL is a well-managed company with a strong track record. The company is well-positioned to benefit from the growing demand for power in India.

17/09/2023

Patanjali Foods Ltd. is a leading Indian food and beverage company. It is a part of the Patanjali Group, which is a conglomerate founded by yoga guru Baba Ramdev. Patanjali Foods offers a wide range of products, including edible oils, spices, biscuits, and dairy products.

**Fundamental analysis of Patanjali Foods**

**Strengths:**

* Strong brand recognition and customer loyalty
* Wide range of products
* Growing distribution network
* Strong balance sheet

**Weaknesses:**

* High reliance on edible oils segment
* Low margins
* Competition from established players

**Opportunities:**

* Growing Indian food and beverage market
* Increasing demand for healthy and organic food products
* Expanding distribution network

**Threats:**

* Rising inflation
* Competition from established players
* Government regulations

**Overall, Patanjali Foods is a well-established company with a strong brand and a wide range of products. However, the company faces some challenges, such as high reliance on edible oils segment, low margins, and competition from established players. Investors should carefully consider these factors before investing in the company.**

**Valuation**

Patanjali Foods is currently trading at a price-to-earnings (P/E) ratio of 64.63. This is higher than the P/E ratio of its peer group, which is around 45. The company's high P/E ratio can be attributed to its strong brand recognition and customer loyalty.

**Conclusion**

Patanjali Foods is a good quality company with a strong track record. However, the company is trading at a premium valuation. Investors should carefully consider the company's strengths, weaknesses, opportunities, and threats before investing in the company.

**Disclaimer:**

This is not a financial advice. Investors should do their own research before investing in any company.

17/09/2023

SAMHI Hotels IPO analysis

SAMHI Hotels is a hospitality company that owns and operates hotels in India. The company has a portfolio of 17 hotels with over 2,000 rooms. SAMHI Hotels is planning to raise ₹1,500 crore through its IPO, which is expected to be open for subscription from September 16 to September 20, 2023.

**Strengths**

* SAMHI Hotels has a strong presence in the Indian hospitality sector, with a portfolio of 17 hotels in key cities such as Mumbai, Delhi, and Bangalore.
* The company has a diversified portfolio of hotels, including budget, mid-scale, and luxury hotels.
* SAMHI Hotels has a strong track record of profitability. The company has reported a profit in each of the past five years.
* The company has a strong management team with experience in the hospitality sector.

**Weaknesses**

* SAMHI Hotels has a high level of debt. The company's debt-to-equity ratio is 1.56, which is higher than the industry average.
* The company's profitability margins have been declining in recent years.
* The company is facing increasing competition from other hospitality companies, both domestic and international.

**Valuation**

SAMHI Hotels is currently trading at a price-to-earnings ratio of 16. This is lower than the industry average P/E ratio of 20.5.

**Overall Assessment**

SAMHI Hotels is a hospitality company with a strong presence in the Indian market. The company has a diversified portfolio of hotels and a strong track record of profitability. However, the company has a high level of debt and its profitability margins have been declining in recent years.

**Investment Outlook**

SAMHI Hotels is a risky investment proposition. The company has a high level of debt and its profitability margins have been declining in recent years. However, the company has a strong presence in the Indian hospitality sector and a diversified portfolio of hotels. Investors looking for exposure to the hospitality sector should consider investing in SAMHI Hotels. However, investors should carefully consider their risk tolerance and investment objectives before investing in SAMHI Hotels.

**Disclaimer**

This is not a financial advice. Investors should always consult with a qualified financial advisor before making any investment decisions.

17/09/2023

Jio Financial Services Limited (JFS) is a non-banking financial company (NBFC) in India. It is a subsidiary of Reliance Industries Limited, one of the largest companies in India. JFS offers a wide range of financial products and services, including loans, investments, and insurance.

**Fundamental Analysis**

**Financial Performance**

JFS is a relatively new company and has only been in operation for a few years. As a result, its financial performance is still evolving. However, the company has shown strong revenue growth in recent years. Its revenue has grown at a CAGR of 52.87% over the past 3 years. The company's profit has also grown, but at a slower pace. Its profit has grown at a CAGR of 30.99% over the past 3 years.

**Balance Sheet**

JFS has a strong balance sheet. The company's debt-to-equity ratio is 0.41, which is lower than the industry average. The company's interest coverage ratio is 2.73, which is also higher than the industry average.

**Valuation**

JFS is currently trading at a price-to-earnings ratio of 12.46. This is lower than the industry average P/E ratio of 13.21.

**Overall Assessment**

JFS is a relatively new NBFC with a strong parent company. The company has shown strong revenue growth in recent years and has a healthy balance sheet. The company is also trading at a valuation below the industry average.

**Investment Outlook**

JFS is a good investment proposition for investors looking for exposure to the financial sector. The company has a strong parent company, a strong track record of revenue growth, and a healthy balance sheet. However, investors should note that the company is still relatively new and its financial performance is still evolving. Investors should also note that the financial sector is cyclical and is subject to various risks, such as fluctuations in interest rates and economic growth.

**Disclaimer**

This is not a financial advice. Investors should always consult with a qualified financial advisor before making any investment decisions.

17/09/2023

Jaiprakash Power Ventures Limited (JP Power) has a strong order book of 12,000 MW, which is expected to provide growth visibility for the company in the coming years. The company has also announced plans to add 5,000 MW of renewable energy capacity in the next 5 years.

Here are some of the major future orders of JP Power:

* 1,320 MW coal-fired power plant in Uttar Pradesh
* 600 MW coal-fired power plant in Chhattisgarh
* 600 MW coal-fired power plant in Madhya Pradesh
* 500 MW solar power plant in Rajasthan
* 100 MW wind power plant in Gujarat

The company is also bidding for a number of other power projects, both in India and overseas.

JP Power is well-positioned to benefit from the growing demand for power in India. The company has a diversified portfolio of power generation assets, a strong order book, and a healthy balance sheet. Investors looking for exposure to the power sector should consider investing in JP Power.

Here are some of the factors that could drive future orders for JP Power:

* The growing demand for power in India: India's power demand is expected to grow at a CAGR of 7-8% in the coming years.
* The government's focus on renewable energy: The Indian government is targeting to achieve 450 GW of renewable energy capacity by 2030.
* JP Power's strong track record of ex*****on: The company has a strong track record of executing power projects on time and within budget.
* JP Power's diversified portfolio of power generation assets: The company has a diversified portfolio of power generation assets, including coal, gas, and renewable energy.

However, there are also some challenges that JP Power could face in the future, such as:

* The cyclical nature of the power sector: The power sector is cyclical and is subject to various risks, such as fluctuations in fuel prices and government regulations.
* The increasing competition in the power sector: The power sector in India is becoming increasingly competitive, with a number of new players entering the market.

Overall, JP Power is a well-positioned company with a strong track record and a bright future. Investors looking for exposure to the power sector should consider investing in JP Power.

I am not a financial advisor,do your own research before investing.