JEMTEC

The entire world is on the verge of lockdown. Countries after countries are falling for the global pandemic of coronavirus. Government authorities are telling people to distance themselves socially to help prevent the spread of the deadly virus. The Prime Minister of our country also urged people to stay indoors as much as possible and maintain social distancing. So, what can you do during your time at home? Here I am sharing with you all ten things you can do while you maintain social distancing at your home. ‌1 - Read Books: -  This is one of my favorites and that is why let’s start with the books you can read during this time. Thanks to our busy life, assignments, lectures, daily grind at our workplace, we miss out on the hoard of reading that we can do. Reading not only helps our mental muscles to work better, but it also helps sharpen our worldview. Understanding this, a lot of companies across the world have made reading easier and affordable for people too. SCRIBD is on...

The term “Zombie Firms” gained importance in media during 2008, for companies receiving bailouts from the US TARP (Troubled Asset Relief Program). It was first applied to Japanese firms when they needed support from Japanese banks after the collapse of the Japanese Asset Price Bubble in 1990s. The period came out be known as ‘Lost Decade’. Weak & failing firms were able to exist or survive only through the support of Japanese banks. An economy with companies which need bailouts in order to operate or survive, or in other words, an indebted company which is able to repay the interest on its debts but unable to repay the principal. They do generate cash, after covering running costs and few fixed costs like wages, rates and rent, that is, they only have enough funds to service the interest on their loans, but not the debt itself. Banks act as their never- ending life support, for their continued existence. Over an extended period, they are unable to cover debt servicing costs fr...