Stocks - Q : Quality | V : Valuation | PT : Price Trend
Funds - P : Performance | Q : Quality
Funds - P : Performance | Q : Quality
A unit of Mumbai-based Spanco has received a five-year tax holiday from the Nigerian Government for creating more jobs in the country's outsourcing sector. The company will now invest $27 million in phases over a three-year period towards capacity build-up and technology infrastructure in the country.
The tax holiday comes after the Nigerian Investment Promotion Commission (NIPC) granted the ‘Pioneer' status to Spanco Channel BPO (the company's operating arm in Nigeria) for its activities in the telecommunication BPO space. The grant of Pioneer Status to an industry is aimed at enabling the industry concerned to make a reasonable level of profit within its formative years. The profit so made is expected to be ploughed back into the business.
Spanco had applied for the Pioneer Status and had made detailed representations to various committees and government officials on plan for expansion, contribution to the Nigerian Economy, Job creation and developing Nigeria as a hub for Outsourcing activity across the African continent. The term period for this is five years, with effect from the date of commencement of production which will be certified by the Industrial Inspectorate Department of the Ministry of Trade & Investment, Garki, Abuja.
Earlier in the year Spanco’s BPO arm had bagged the five year $250 million Bharti Alrtel's Outsourcing contract to service 6 of the 15 countries under its regime. Nigeria is the largest both for Airtel and for Spanco and hence the Pioneer Status becomes increasingly important, Spanco is already one of the largest third party Outsourcing company's in Africa with more than 3,000 employees.
Spanco is one of the leading telecom systems integration and IT services company in India. From providing telecom integration services to multinationals, Public Sector Units and India's vast defense sector. Spanco has evolved to extend its expertise into the dynamic space of Business Process Outsourcing and RFID.
| Company Name | CMP |
|---|---|
| Quess Corp | 329.35 |
| eClerx Services | 2496.00 |
| Info Edge | 7052.00 |
| Affle 3i | 1582.10 |
| Firstsource Solution | 338.00 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
100% Secure Process
Account Discovery
- OTP from CAMS
Account Linking for Stocks & MF
- One OTP per link Eg. NSDL, CDSL, CAMS, KFin etc.
One Click Upload for your Current Portfolio and Future Transactions!
Download APP
