Prashant Tiwari Writes

Bell curve also called as Gaussian distribution or Normal distribution used in performance appraisal is a forced rating or grading system in Performance management systems (PMS). It helps corporates in identifying- High, Average and Poor performer employees. Bell Curve works with the assumption of 10-80-10, meaning 10 % candidates are High-performers, 80% are average and rest 10 % are low performers. It works as a way of rewarding the high performers. Theoretically it is suitable in very large organisations, where top management can visualize trends of their employees performance in Bell shape curve. PMS helps management in estimating planned attrition rate. Management can use the output of Bell curve to identify the employees who needs training or re-training in their respective areas.  But many researches have shown that, there could be more high performers in a corporates as oppose to assuming just 10%. It arbitrarily limits the number of employees who can excell.  If your forced c

First Covid19 case reported in India on 30th January 2020, in Thrissur Kerala. Since then we have seen it multiplying and gone through some of the worst of times in century. Word " lockdown " was never so important, but now it seems so obvious that everyone is talking about. The term " quarantine " was a jargon specifically used for killing virus in our computers and see how meaningful it is now a days.  Work from home  is new normal . This pandemic started from  Wuhan, China  and brought whole world to it's knees. Death toll rose to 724 thousands and effected 19.5 million people worldwide , and counting continues till we have a clinically tested vaccine available.   Now let's have a look on world economic disruption due to Novel Corona virus.  IMF  says the global economy will shrink by 3% this year which certainly points to upcoming global recession . Unemployment in major economies have risen on average of 4-5%, France and Italy tops the list with 9-10%

India is considered to be 2nd biggest home for Fin-tech companies. Not less than 2500 startups are operational now. Few of them have become unicorns such as PayTm, a startup is called a unicorn if its revenue growth is more than $ 1 billion.      Fin-tech is defined as any business which integrates finance with technology . Most promising FinTechs in India are - PayTm, Mobikwik, PayU, FreeCharge, Zerodha, PolicyBazaar, Ola money, CRED, Phone pay and ETMoney to name a few. Fin-tech market size and expectations Fin-techs have a long history from ATM to POS to credit cards to stock broking services going online. Bloomberg and Thompson Reuters were the pioneer companies utilizing this need of financial sector to closely work with technology. In the early 90s the internet boom and rise of e-commerce can be considered as evolution of Fin-tech . Later in early 21st century use of smartphone increased and people wanted to do whole lot of activities from their phones. This was a landmark succ

So the buzz word today is Clean-tech. What is it and what is the future significance. We will cover each and every aspect of it.  From the perspective of finance, any business or venture which improves environmental sustainability is said to be a clean technology. Few people also call it as green technology or green-tech. Simply because it reduces carbon emission and helps in reduced or optimized use of natural resources. Solar, wind or hydroelectric power plants are best example of clean-tech. As they don't use fossil fuel to generate electricity and helps environment by not emitting pollutants as bi-products. Clean-tech is a business term most of the Fortune 500 talk about. For their CSR activities  they are investing around $20 Billion in greentech every year as per the standard report published in 2018. Any business can go green, there are large number of manufacturing included in greentech business arena. They could be green technology, recycling, renewable energy, electric