Which are the main banks in India holding NPAs?

There are many public sector banks in India which has incompetent management that has shelled out free money in the form of loans to fraudulent companies.

Now these loans are obviously in default as the originators have filled their overseas coffers with that money.

The main incompetent banks are 

State Bank of India

Bank of Maharashtra

IDBI Bank

Indian Overseas Bank

UCO Bank

Central Bank of India and the list keeps going on......

Total of Rupees 10,000 Crore is in Non performing assets.

Now most of these cases will go to NCLT National Company Law tribunal which will decide these cases in Indian bankruptcy court (IBC). 

Most bank will only get 1% of the outstanding money lent if they are lucky otherwise it is a total loss.

A bunch of crooks at the banks.

Is Self Driving Tech Overhyped?

The current market is pricing self driving technology stocks at a huge upward valuation. 

However, soon everyone will have realistic expectations on the self driving cars market as players like Google (Waymo and FCA), Tesla, Samsung, NVIDIA, Intel (thru Mobileye), Panasonic, Amazon (thru Alexa), Qualcomm (using 820A and C2VX) have their solutions testing with manufacturers like Merc, Ford, GM, Audi etc.

So eventually NXP will have a lesser laurels to count upon by losing market share qtr after qtr.

In the mean time QCOM can have partnership with all the above parties as C2VX will be needed by all not just NXPI.

Here are the leading players in random order

NXP

Bluebox Engine (NXP S32VLS2)

NXP ADAS

NXP SAF4000 Platform

NVIDIA

Audi will be using Nvidia's Drive PX 2 platform and DriveWorks software.

Nvidia's PilotNet deep neural networks

Nvidia and Audi first graced CES together some seven years ago, in a partnership that gave birth to the latter's MMI navigation system and virtual cockpit, powered by Nvidia's GPUs.

Audi's zFAS system is the heart of its autonomous vehicles, and is built around Nvidia silicon

GOOGLE

Fiat-Chrysler (FCA) and Alphabet's new Waymo division announced a partnership to work on an Android-based reboot of FCA's Uconnect operating system

Mercedes will integrate Google Assistant into its 2017 models

PANASONIC

The experience is powered by Panasonic's Cognitive Infotainment (PCI) platform

SAMSUNG

Ford is integrating its Sync IVI system with Samsung Gear S2 and S3,

AMAZON

Ford's Amazon Alexa-based system

INTEL

Intel Go Automotive SDK

Mobileye's EyeQ chip, which supports computer vision in the ADAS (advanced driver assistance systems) which Mobileye dominates.

QCT

The Drive Data Platform is based on the Snapdragon 820Am, and will make extensive use of the Snapdragon Neural Processing Engine 

9150 C-V2X chip

How much is the US National Debt?

US National Debt is around 20 Trillion USD which is around 106% of the GDP.

This is quite high as per historical standards.

In 2008 Financial Crisis this ratio was 68%. Reaching above 75% is alarming usually but currently this is at 106%

So what are the ways to Reduce this Debt?

0. Cut Medicare, Medicaid like programs

1. Cut spending of programs like grants to low income families, students etc.

2. Cut space exploration and other programmes

3. Increase in Taxes

So what is this number in comparison to other countries?

Well India has a 70% Debt to GDP, China has a 47%, Greece which went broke 3 times recently is around 179% Debt to GDP.

So be aware of this rising number.

Why use an OLED?

Many reasons....

1. Crisp images because each LED can be shut off individually

2. No backlight 

3. Screens can be bent and twisted a bit

4. Screens can be thin

5. Samsung, LG and Apple may be using them in Phones soon.

6. They are very costly though

What was new at CES?

1. A lot of demos on 4K OLED displays by Samsung and LG.

2. A wafer think TV that sticks to the walls and can be peeled off

3. A lot of activity around autonomous vehicles

4. AR/VR in full flow by Qualcomm and Lionsgate. A movie to be out in Mar 17.

5. Drones and a lot of them.....