What a glorious day !


Sabse bada rupaiya

I got offers from Tata Consultancy - 18 fixed+4.3 VP
Birlasoft - 25L agreed on initial call. HR round pending.
Tech:Mainframe, YOE: 11.5
15 days notice left.
TCS asking for joining confirmation within 3 days.
Is it worth rejecting TCS, for 10% more package from birlasoft.
TCS better on:
Health insurance
More Yearly leaves
No relocation
No shifts
Birlasoft better on:
More package
May get joining bonus.
Help me decide which one to choose?
If any other factors to consider?
Ladies: best black cardigan?
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Chief
Can’t have bad economic data if there is no data.
Chief
“The only way you can control anybody is to lie to them” - L. Ron Hubbard
Hmmm, anybody know why companies report quarterly? If more info is better, why not demand monthly?
From my days as an accountant, this type of reporting took an enormous amount of time. It led more to managing revenue for quarter end and admin work as opposed to productivity/innovation/etc.
I'm not necessarily opposed to less frequent reporting, as long as that reporting remains strong.
Pro
Imagine the volatility if a tech company only announced financials annually. You could get huge swings one a year when earnings get announced.
Chief
I would be surprised if institutional investors didn't have something to say about this to the SEC.
Pro
Larger companies won’t be able to stop doing quarterly reporting. Investors and lenders will demand it. S&P should make it a requirement to be included in their index.
Was the reporting really super onerous? What will changing the rules do? Will this make it more attractive to IPO, or easier for smaller companies? Not being a weirdo, I just don’t know, not my wheelhouse
Chief
I think it’s mostly to create more information asymmetry and allow people connected to the administration to do insider trading.