THE BUSINESS KNOWLEDGE

The Monsoon Session

2013-08-17T00:55:00.002-07:00

Rainfall or Downfall

Hello friends yesterday i was just going through the recent Indian economy development which shows 4.8% hike with respect to previous year and a question arises in my mind whether its really a development or just an hallucination for the people of the people and by the people that what democracy meant for government noways.

This monsoon was pretty good with respect to our agricultural products but have we mention the destruction of Uttrakhand on that  basis. Its like we are storing the government treasure in a tunnel which is opened at the other side.we show that growth in GDP on the basis of agriculture and government's getting applause for that. Of the factors that were expected to lead to an acceleration in the rate of economic growth - falling interest rates, unclogging of the investment cycle and some pickup in exports - none seem to be playing out.

All enthusiasm generated by finance minister was some where lost as the time spam completed its first half cycle,just within 6 month. with each and every budgets we put a smile on our faces for some of our dreams which lie inside our hearts like better employment availability, better level of education (believe expect some govt and private infra. other are just maintaining their business) and yes off-course dearness will be less.

But till now we don't have a single option for our opinions. we are continuously showing our agony either by protesting against Delhi rape case or against corruption or against just nothing, just to remind the govt that we are unhappy either by your development infrastructure or by its implications or may be yours policies showing side effects on our development and our life's.

Seriously guys we have to have some take serious actions against the business policies and try to explain the government that please don't measure gold with agricultural growth and number of call centers jobs with employment availability.

This time monsoon is good so you cover up your failures behind agricultural development but how can you hide the rupees with is already beyond 60.........we need some plans beyond the paper with sketched the reality of our dreams

Flipkart Stops COD Delivery Below Rs 10000/- In Uttar Pradesh

2013-06-06T21:44:00.001-07:00

Flipkart In News Again

Flipkart which was in news few days back for shutting down its Flyte Musical Store is back again with a latest news that it will not deliver products of below 10000/- Rupees through COD in Uttar Pradesh, The management team has taken this decision in order to secure itself from the losses which they were facing due to increasing fraud at UP, according to them customers of UP were ordering products from Flipkart and after that denying to buy that product or saying they haven't ordered the product. These type of cases are very much prevalent in UP where customers are visiting to Flipkart website and ordering products just for fun.

According to the management this decision is only business oriented since there is huge logistic cost involve in delivery of products, on the other hand if any customer is cancelling the order or saying that they haven't ordered the products then the cost of sending these products back to warehouse also cost and it also take approx 10 days for a product to reach at warehouse, there also Flipkart is getting hit badly because, if the product is in Transit for 10 days it will also cost the lost of opportunity of delivering the same product at some other location.

In my view they should try to learn from India Times shopping where 80% of the products are being sold through online banking or debit card, in which they are doing great,they are just giving huge discounts if you pay through online banking and debit card which results in immediate payment of products by the customers because they are getting the products at very cheap rates, stopping COD scheme or making COD delivery of products of more than Rs 10000/- at UP will not help Flipkart.

Flipkart To Shut Down Flyte Musical Store

2013-06-01T20:50:00.000-07:00

Flipkart has issued a notice against public interests in which it has informed the public about closure of its Flyte Musical Store.
Less than 1 year of its launch Flyte Musical Store have given its user to download single tracks from there store at cheap rates same as that of Apple iTunes store which run all around the world, buts it seems that Flipkart strategy of launching a music store online has failed miserably since from 18th June you will not b able to use the services of this store anymore.
Flipkart has blamed piracy of mp 3 songs to great extent, a company spokesperson has told that Flyte Store was not so profitable hence the management has decided to stop the services from 18th June.

Well its a bad news for Flyte lovers, never though they can download songs from internet where millions of websites are offering new songs free of cost

IS THIS REALLY NEEDED ?

2013-04-27T00:55:00.000-07:00

What This Retail Chain Trying To Sell ?

One of the biggest retail chain in India is selling X-Rated merchandise by adding fun to it, Malls which is said to a place for family entertainment, shopping, leisure etc are having these types of stuffs, I would like to ask one question Is This Really Needed ? Are our future generations are mature enough to understand these stuffs and move on and think in a positive way?
The only thing which you were expecting Malls not to sell are up for sales now and that too at very less price, I have taken these pics from one of the biggest retailer in India who is going in losses and has also sold there stake to cover up loss to pay bank loans which they have taken, now the questions arises does it really increase there profit margin?

I am not talking about only these two pics which I have taken there were many more merchandise like this, These merchandise can really embraces one who is walking from that section of the store.
While its also act as a fun element for some youngsters.

I HAVE TWO QUESTIONS ?

IS THIS REALLY NEEDED ?
IS IT JUSTIFIED TO PORTRAIT WOMEN LIKE THIS ?

ROBOTIC SUIT TO HELP AGED AND DISABLED TO WALK AGAIN

2013-03-05T04:01:00.002-08:00

A Robotic suit has been developed in Japan which will help aged and disabled people to walk freely on there foot again, these robotic legs are called HAL(hybrid assistive limbs), these pair of legs can easily be appended to the legs of the disabled or aged person which will help them to walk like a normal person.

These artificial limbs have been developed by Japanese robot maker Cyberdene which in the past has also developed robotic arms, these artificial limbs are surely a boon for the disabled and aged people who find difficulty in walking, 10 Japanese hospitals have already started using these robotic limbs in order to help in rehabilitation of patients who are disabled and have problems in walking.

The suit works with sensors which detect muscle impulses and weak electric bio-signals produced by patients brains, after that it determines which muscles need to be moved and uses small power units to help assist movement, on the other hand Cyberdene also plans to sell these suits to Europe soon.

Follow Me

Facbook Android

Android Gadgets Review

India's First Virtual Shopping Wall Launched @ Delhi International Airport

2013-02-22T00:30:00.000-08:00

HomeShop18

Virtual shopping is not a new concept as it has been implemented in many countries worldwide but its definitely new for India. HomeShop18 a leading online retailer and a group of network 18 has launched India's First scan and shop virtual shopping wall store at Delhi International Airport .
This virtual shop works on QR code, to experience this the customers must have a smartphone with a QR code application in order to shop, once a customer place his/her smartphone camera towards the QR code on the virtual shopping wall all the details of that product is transferred in the form of world wide web(www) format on there smartphone which will enable the customers to shop the desired product then and there, with an option of cash on delivery(COD) as well as through the online payments options like Dr/Cr. cards

With the advent of this type of service M-Commerce will surely get boosts and many others e commerce companies will soon follow on the same line. The Delhi International airport handles about 45000 passengers per day of which it has an average of 60 minutes passenger halt, so it will give passengers more options to shop while the travel from one place to other.

This unique concept is very much popular in other countries, and is also used at many other places rather using it only in Airports IKEA and many other big retailers are already providing this type of service to its customers around the world.

Who Are I st & II nd Generation Entrepreneurs ?

2013-02-08T23:33:00.003-08:00

Have you ever thought about Entrepreneurship, If yes then you should also know about First and Second Generations Entrepreneurs. so here is the difference between both in a simple and short article which you like.

First Generation Entrepreneurs :- Those Entrepreneur which are known for there risk taking ability and who do not have much brand awareness are called I st Generation Entrepreneurs. The I st Generation Entrepreneur have a lot of trust on there gut feeling and therefore there is equal probability of success or failure.

Second Generation Entrepreneurs :- Those Entrepreneurs who are risk averse in comparison to there peers, and they take each step very carefully after research and process, apart from these they are just opposite to I st Generation Entrepreneurs who go by there gut feeling , the II nd Generation Entrepreneurs are also more brand conscious.

Moreover I st Generation Entrepreneurs can even start in a garage or there own house while if you talk about II nd Generation Entrepreneurs they would at least start working in a small size office since they like to work in process.when the I st Generation Entrepreneurs passes the business(if successful) to II nd Generation Entrepreneurs its the hard-work of I st Generation Entrepreneurs which can be clearly seen when passed to II nd Generation Entrepreneurs on contrary, II nd Generation Entrepreneurs are lucky to get the legacy from Ist Generation Entrepreneurs, because they will not have to much efforts than what I st Generation Entrepreneurs have made in the success of the company.

Follow Me

Facebook
Android News
Android Latest Mobiles And Tablet

China New Traffic Law Which Created Buzz

2013-02-05T22:21:00.001-08:00

China New Traffic Law Bans Speaking On Phone

In a unique traffic law imposed by government of China, you will not be able to use your mobile phone will driving, this traffic rule bans speaking on phone while driving car in China. on the other hand this traffic law has created boom in the sales of Bluetooth device due to which many online stores in China have run out of stocks.
E commerce websites of China like 360buy.com & Amazon China have sold all there Bluetooth earphone. While popular Bluetooth headset brand like Nokia, Plantronics , jabra etc have reported to be sold out online.

Now its called intelligent game plan by Chinese government to boost economy.

Follow Me

Facebook
Android News
Android Website

Panasonic 20 Inch tab

2013-02-03T08:30:00.001-08:00

Panasonic 20 Inch 4 k Tablet

Panasonic has recently introduced a tablet that runs on windows 8 OS with a massive 4 K resolution screen of 20 inch which which showed the uniqueness of Panasonic apart from other competitors like LG And Samsung who were showcasing there TV line up in CES 2013.
The screen display images at 3840 x 2560 resolution in a 15:10 aspect ratio, a 1.8 Ghz Intel Core i5 Processor, a digital pen for natural handwriting apart from this Panasonic claim it to be the thinnest and lightest 20 inch tablet.
The pricing of this device is not yet revealed by Panasonic hence you have to wait for some time in order to get the price shock ?

Product Features

1) 20-inch IPS-alpha display panel
2) 3840 x 2560 (230ppi) resolution
3) 15:10 aspect ratio
4) Windows 8 Pro OS
5) Intel Corei5 3427U vPro 1.8 Ghz CPU
6) NVIDIA GeForce Graphics
7) 4 GB memory (max is 16 GB)
8) 128 GB SD storage
9) High resolution digital pen (Anoto live pen)
10) Bluetooth V4.0 wireless
11) USB 2.0 x 1
12) micro SD card (SD x 3) x 1
13) Embedded camera with HD 720p Max. resolution, 1280 x 720 pixel (front)
14) Up to 2 hours battery life (using internal battery)
15) 18.7"(L) x 13.1"(W) x 0.4"(H)
16) 5.3 lbs

Follow Me

http://www.facebook.com/experiencegeek
http://www.experiencegeek.com
http://androidsmartmove.blogspot.in

Philips Say's Bye Bye !!

2013-01-30T08:01:00.001-08:00

Philips Out From Consumer Electronics

Philips is going to sell its audio and video arm to Japan's Funai Electric which will let them to exit from consumer electronic's hence you will not be able to see Philips audio and video products(music system and TV) now. Company officials said in a press release that they will now focus more on there profitable business of healthcare & home appliances.
Philips(The Dutch Company) has been the no. 1 consumer electronics once, but after the lower cost North Korean brands of LG Electronics & Samsung entered into the market The Dutch company was not able Sustain long and had to cut costs and sell assets over the past 2 years. Philips official said that with more customers going online for music, films and games rather than buying CDs and DVDs players, Philips decided to go out of home entertainment business, though it was profitable last year.
They said that this re-positioning of Philips was the need of the hour and hence they will focus more on home appliances and healthcare products such as shavers ,electric toothbrushes - two of company's most profitable business products as well as juicers,coffee makers etc. It sold 10 million shavers alone in China last year.
Besides this Philips is also the largest light and hospital equipment maker.

Follow Me (For Android Related News)

www.facebook.com/experiencegeek

www.experiencegeek.com

http://androidsmartmove.blogspot.in

The Business Of LIKES

2013-01-28T09:04:00.001-08:00

Now a Days Business Run On Likes, Do You Agree?

Many new companies are adopting social media as one of there marketing tool in order to reach to the target customers, you can easily understand it because you are too associated with it in one or the other way on social networking site be it FB ,Orkut ,Wall-post etc every company use this social media marketing in order to get the maximum benefits.
They catch there customers through various marketing tactics which include contests,likes,comments,shares etc.In fact this is the best way, how they can reach to there target audience the technological change has reduced companies cost on advertisements to great extent and also reduced the cost of marketing, when earlier companies used to send there representatives directly to public asking them to fill questionnaire which is now almost extinct.
Social media has definitely benefited many companies and is now becoming the first choice of new business ventures, thanks to social media and its analytical tools which allow companies to analyze there data on daily,weekly and monthly basis.

Visit :- Android Related News

www.experiencegeek.com
http://androidsmartmove.blogspot.in

Follow Me On (For Android)
www.facebook.com/experiencegeek

Life Of Pi (8 Lessons For Entrepreneurs)

2013-01-27T20:15:00.002-08:00

Life Of Pi which was recently realesed at the end of 2012 was a great success all over the world, it crossed more than $500 million hence it is very much known to everyone. I am taking this movie in order to tell you about certain lessons which it taught us in order make us aware of what life can give us if we are positive enough.
So here are the 8 lessons, specially for entrepreneurs who can co-relate easily with the movie(Life Of Pi)

1) Be Gratefull :- We all have certain feelings that nothing is going to be good and whatever happens, why it happens only to us, this thinking should be changed and you should be grateful of the good memories which life has given you, stay positive.

2)Dont Give Up :- when pi was on the boat and no one was near to him he tried his level best to survive in that hardest situations he came across. Similarly an entrepreneur should not give up during the hardships which are surely not going to last for long.It is important that you should not give up

3)Keep Moving :- When Pi reached an mysterious floating Island, it seemed that he has reached an oasis of land with a abudant food,water and shelter, he did not setteled there he was sure that there is a much better world. In business it is important to keep moving and not get satisfied with temproray success it important to make a goal and try to move towards that goal.

4)Learn To Co-Exist :- Pi survived with a Tiger on a boat by bonding with him in the same way entrepreneurs should learn the way of co-existing with the co-founders as well as with the competitors.

5) Dont Put All Your Eggs In One Basket :- When Pi found Tiger on the life boat, he got scared and threw all the supplies in the lifeboat to a raft and tied it to the life boat and decided to shift to the raft. But a whale appeared one night at Pi’s raft which made him to throw all his supplies to the water, and then he realized living with a tiger on the boat may be a better option. In the same way while starting up you should not use all the resources available to you at once, the better option is to save some resources.

6)Running Is Important :-When pi was thrown on the lifeboat with limited resources, he found a handbook which guided him about the the lifeboat in which he was travelling. If you are a enterepreneur than handbook is your business plan, its important that you should go with your business plan and work according to it.

7)Branding Is The First Step Of Success :- Pi Patel was born with the name Piscina Molitor Patel, of which everyone started making fun. He started to rebrand his name in a way which do not look awkward when some one calls his name, so he started rebranding his name and he decided to remember the value of Pi expressed in several hundered decimal places to tell that his name is derived from the Greek letter. So for entrepreneurs who is working to create to a new brand name at the cost of existing brand name, work on a good story to tell the audience why the change of brand name was important.

8) Stay Focussed :- Pi’s father says this to Pi at the dining table, when he was getting curious about different religions and wanted to follow all of them at the same time. It’s difficult to follow different paths at the same time, as many of them are conflicting in nature and often create confusion and make it difficult to stay focused and at times, lead to wastage of crucial resources.

Image Curtsey : Silicon India

Are Retailer's getting smarter?

2013-01-27T06:23:00.001-08:00

Visited this new retail store of landmark(Max) and found something intersting.Landmark group(Dubai) has entered into many verticals like electronic(Jumbo),apparels(Max,Lifestyle etc).
I visited this store which was underground and has both Max & Lifestyle, so you will ask whats new in that ? The main catch which I noticed was the seamless connectivity between the two.
The two stores has been designed in such a way that if one is entering into Max then he/she can also enter Lifestyle easily through a gate which connects both stores from inside, it saves consumer time and efforts to re-enter into Lifestyle or in Max again and again.
The logic is simple to make customers happy and easy going in there shopping which has executed by Landmark group in a brilliant way.

Will you call it smart or not?

RS 6 LACS EGGS

2013-01-25T06:08:00.001-08:00

This particular egg stall owner named Manoj everyday sells egg worth Rs 4000/-+ Tip from customers, he is so famous that many people come regularly to his stall to eat different dishes of egg to name some omellete,egg bhurji(crushed one),boil egg,egg fry etc etc.
Now the question arises, what he does, that everyday he is able to sell eggs worth Rs 4000/- + Tip the answer lies in the following points

A) Heavy use of butter
B) Too fast service
C) Art of making egg dishes
D) Locality
E) Loyal customers
D) Quality of eggs
C) Customer service

These are certain points which can be use to describe Mr Manoj whose annual business turnover from this small stall is close to 600000/-.(including all other sources of revenue from eggs and Tip From customers)
He is not so good in cleanliness part though, but people love to eat from this place.
When i ask some questions from near by stores they said that he sells all his crate of eggs and then leave for home.

Now That Is Called Business In True Sense Because Real Customers Are pedlars, Companies Need To Target Them Also.

What do you say now?

Saholic.com Shopping Now Gets Better

2013-01-24T19:08:00.001-08:00

Its a good time to shop from www.saholic.com a spice group online retail venture which recently announced that they will compensate for the late delivery. If the products are not delivered to the customers at the stipulated time once the order is confirmed then www.saholic.com will compensate in the form of gift vouchers ranging from Rs 50/- per business day To Rs 500/- or will offer 10% of the product value, whichever is lower. This GV will be given at the time of delivery and it will be valid for 30 days from the date of issue which can be used for your next purchase from www.saholic.com and which can be either on any products or services like recharge etc. All orders for mobiles, laptops, cameras, tablet and accessories above Rs 2,000 are covered under this guarantee, but not "Cash On Delivery".

Online Retail

2012-05-29T22:18:00.002-07:00

Online Retail in Asia Pacific: An Overview E-commerce will soon transform consumer markets throughout Asia. The impact of this transformation will be deep and far reaching. Asia's shoppers will enjoy new benefits of increased selection, greater price transparency, improved product information, and better customer service. Large numbers of new businesses have already appeared and started to flourish - pure players (retailers whose business is conducted exclusively online) and "clicks and mortar" hybrids. Traditional retailers will see their competitive landscape transformed, as their best customers are lured online. Local and smaller scale retailers will have unprecedented exposure to thousands of potential customers. However, their success is dependent on four basic factors - buyers, sellers, attractive value propositions and enablers. As the elements emerge across Asia, the stage will be set for the continued growth of retail e-commerce.

MANAGEMENT JARGON'S

2012-04-24T19:58:00.001-07:00

Whenever We Come Across Some Management Jargon We Are Not Obtuse Enough To Recall That Particular Word Or Term And Being A Management Student, Knowing These Jargon's Is Also Very Important So To Make Your Work A Little Easier I Have Tried To List Out Some Management Jargon's Which As A Management Student You Should Know.

You Will Be Coming Across These Jargon's In The Organization Or Business Wherever You Are Going To Work In Future, So These Terms Are As Follows :-

1) Bottom Line = These Are Basically The Most Important Measure Of Success In A Particular Organization. It Refers To Company's Net Earning, Net Incomes or Earning per Share (EPS).It Also Refers To Any Actions That Could Result In Increase/Decrease In Net Earnings Or A Company's Overall Profit.

2) Break Even Point = It Is A State Of A Company Where Profit Is Equal To Loss.

3) Cash Cow = It Is One of The Four Quadrants In The BCG Growth-Share Matrix.

4) Drift = Doing It Right In the First Attempt.

5) 80-20 Rule (Pareto Rule) = It Means 20% of Business of A Company Comes From 80% of Customers Or Vice Versa

6) Halo Effect = This Term Is Basically Used In Marketing To Explain The Bias Shown By The Customers Towards Certain Products Made By Same Manufacturer Or Maker.

7) Cannibalization = It Is The Opposite Of Halo Effect It Means The Negative Impact Of Company's New Product On Sales And Services.

8) Marketing Mix = It A Combination of 4 P's Product, Price, Place And Promotion.

9) Management By Objective (MBO) = It Means That Performance Should Be Measured In Terms Of Quantifiable Objectives.

10) Management By Walking Around = It Means That Managers Should Get Out Of The Office And Walk Around Talking To The Employees.

11) Mission Statement = A Short Simple Sentence Used By An Organization In Order To Tell People Why They Exist In The Market Or There Purpose Of Being.

12) Vision Statement = It Means What A Company Is Aspire To Become In Future.

13) Open Door Policy = It Means Allowing Employees Access Freely Towards Managers Or Superiors Anytime Without Making Any Appointment.

14) Product Life Cycle = It Tells About All Product Process through Four Stages Introduction, Growth, Maturity And Decline.

15) Pygmalion Effect = It Suggests That Results Are Based On Expectations. It means that if you’re Expectation Is High with Someone Then It Will Lead to High Performance of That Person and Vice-Versa.

16) Quality Of Work Life (QWL) = A Belief In The Importance Of Enriching The Intrinsic Motivation Factors On The Job, Including Such Factors Like Safety And Health, Challenges, Involvement And Significance.

17) Span Of Control = It Refers To Number Of Subordinates A Supervisor Has.

18) Abusive Tax Shelter = An Investment Scheme That Claim To Reduce Income Tax Without Changing The Value Of The User's Income Or Asset. It Serves No Economic Purpose Other Than Lowering The Federal Or State Tax Owned When Filing. Often These Schemes Channel Funds through Trusts Or Partnerships To Avoid Taxation.

19) Laddering = The Promotion Of Inflated Pre-IPO Prices For The Sake Of Obtaining Greater Allotment Of The Offering. It’s An Illegal IPO Practice.

20) Lead Time = The Amount Of Time That Elapses Between When The Process Starts And When It Is Completed. It Is Mostly Examined In Manufacturing Industry.

WHICH GADGET TO BUY AND FOR WHICH TO WAIT ?

2012-04-22T11:26:00.003-07:00

WHICH GADGET TO BUY AND FOR WHICH TO WAIT ? THESE QUESTIONS MIGHT BE COMING IN YOUR MIND WHENEVER YOU WANT TO BUY A NEW GADGET , AND FINALLY BETWEEN MANY OPTIONS YOU CHOOSE ONE, BUT LATER ON WHEN YOU HEAR THE NEWS THAT THE GADGET WHICH YOU HAVE PURCHASED IS OUTDATED THEN WHAT WOULD YOU FEEL?
OFF-COURSE YOU WILL BE THINKING THAT YOU SHOULD HAVE WAITED SOME MORE TIME SO THAT YOU COULD HAVE PURCHASED THE LATEST ONE BUT FATE IS FATE NO MATTER WHAT YOU CHOOSE.
SO, BEFORE MAKING ANY DECISION OF PURCHASING A GADGET I WOULD LIKE TO INFORM YOU THAT WHICH GADGET YOU CAN BUY AND FOR WHICH YOU SHOULD WAIT.

ANDROID PHONE (WAIT)

YOU ARE GOING TO BUY A NEW ANDROID PHONE RUNNING ON 2.3.4 GINGERBREAD THINKING ITS THE LATEST ONE BUT WAIT ! ANDROID 4.0(ICE CREAM SANDWICH) IS HERE, YOU JUST HAS TO WAIT FEW MORE DAYS COMPANIES ARE COMING UP WITH NEW ANDROID MOBILE PHONES WITH 4.0(ICE CREAM SANDWICH). SO IF YOU GOING TO BUY NEW ANDROID MOBILE PHONE THEN STOP !

BLACKBERRY DEVICES (WAIT)

BLACKBERRY IS COMMING UP WITH ITS NEW OS (BBX) WHICH WILL BE A MAJOR OS UPGRADE.

WINDOWS LAPTOP (WAIT) [IF U CAN]

WINDOWS 8 IS THE NEW UPGRADE FOR MICROSOFT OS, AND INTEL'S NEXT GENERATION CHIPS CALLED 'IVY BRIDGE' BOTH DUE BY THE END OF THIS YEAR.

APPLE COMPUTERS (WAIT)

APPLE IS COMMING UP WITH NEW SERIES OF LAPTOP WITH INTEL PROCESSORS, THE NEW LAPTOPS WITH INTEL PROCESSOR WILL COST YOU NOTHING EXTRA SO WHY NOT WAIT FOR SOMETIME

I PHONE (BUY)

A NEW I PHONE WILL BE OUT LATER THIS YEAR, WHICH WILL TAKE TIME TO ENTER INTO INDIAN MARKET SO IF YOU WANT TO BUY AN EXPENSIVE I PHONE IN INDIA THEN ITS A GOOD TIME FOR YOU TO GO FOR AN I PHONE.

DIGITAL CAMERAS (BUY)

MAJOR CAMERA MANUFACTURES HAD LAUNCHED THERE NEW CAMERA WITH EXTRA MEGAPIXEL, EXTRA ZOOM AND WITH OTHER GOOD FEATURES SO ITS A GOOD TIME TO BUY DIGITAL CAMERAS.

TELEVISION (WAIT)

THE NEXT GENERATION OF TELEVISION IS COMING TO INDIA SOON THEREFORE IT IS MORE BENEFICIAL TO WAIT FOR SOME MORE TIME.

BLACKBERRY CURVE 9220 LAUNCHED @ 10990/-

2012-04-18T09:09:00.004-07:00

RESEARCH IN MOTION(RIM) LAUNCHED BLACKBERRY CURVE 9220 @ 10,990 SEEKING TOUGH COMPETITION FROM ANDROID AND OTHER OS SINCE BLACKBERRY MARKET SHARE HAS DECREASED DRASTICALLY. IT SEEMS THAT BB IS TRYING TO CAPTURE MARKET SHARE BY LAUNCHING THIS PRODUCT.IT IS EQUIPPED WITH BB LATEST OPERATING SYSTEM 7.1 AND ALSO OFFERS DEDICATED BB MESSENGER KEY WHICH IS ONE OF THE LATEST FEATURE AVAILABLE IN BB CURVE MODEL. THEY ARE TRYING TO TARGET YOUTH THROUGH THIS PRODUCT BECAUSE THE PRICING OF THIS PRODUCT IS VERY AGGRESSIVE IN THE INDIAN MARKET, IT COMES WITH A 2 MP CAMERA WITH FM RADIO.
BESIDES THIS COMPANY IS ALSO PROVIDING AN INTRODUCTORY OFFER THROUGH WHICH CUSTOMER CAN DOWNLOAD APPS FROM BLACKBERRY APP WORLD WORTH RS 2500 FREE OF COST.
THIS NEW MODEL FROM BB CLAIMS TO OFFER 'THE LONGEST LASTING' BATTERY LIFE YET IN A BLACKBERRY CURVE MODEL, GIVING USERS UP-TO SEVEN HOURS OF TALK TIME OR UP-TO 28 HOURS OF MUSIC PLAYBACK OR FM RADIO WHEN LISTENING THROUGH HEADPHONE AS COMPANY CLAIMS.
THIS IS ALSO THE FIRST TIME THAT RIM HAS LAUNCHED A PHONE GLOBALLY FROM INDIA.

'BULLETPROOF' APPLE IPHONE ?

2012-04-16T05:49:00.003-07:00

NOW YOUR iPHONE CAN ALSO BE BULLETPROOF YOU JUST HAVE TO PURCHASE A CASE FROM MARUDAI(A JAPESNSE FIRM) WHO HAS UNVEILED $ 650 BULLETPROOF CASE FOR iPHONE. GIVING YOU AND YOUR iPHONE TOP NOTCH SECURITY, THIS CASE WILL PROTECT YOU AND YOUR PHONE FROM BULLET BY TAKING IT ALL. IT FEATURES A THICK SLAB OF STEEL PLATING WHICH THE FIRM CLAIMS THAT IT CAN RESIST .50 CALIBER ROUND ,IT CAN OFFER THE PERFECT PROTECTION TO YOUR iPHONE FOR THOSE PLANNING TO RECREATE THE INFAMOUS 'iPHONE VS GUN' VIDEOS AVAILABLE ON YOUTUBE , WHICH SHOWS WHAT WILL HAPPEN TO GADGETS AND PHONES ONCE THEY COME ACROSS A FIRED BULLET.
CHECK OUT THE BELOW VIDEO
(http://www.youtube.com/watch?v=fcnQ72sPZAI)
THIS CASE WILL PROTECT THE BACK OF YOUR iPHONE AT A COST OF $650. THE FRONT CAMERA IS PROTECTED BY A THIN SHEET OF ALUMINIUM, ALTHOUGH THE FIRM HAS MADE BOTH WHITE AND BLACK VERSION AVAILABLE.THE iPHONE HAS TO FIRST PLACED INTO A PROTECTIVE CASE , AND THEN THE STEEL AND ALUMINIUM CASE IS BOLTED TOGETHER AROUND TO SECURE THE HANDSET.THE JAPANESE BASED FIRM IS ALSO GIVING A BONUS FOR YOUR PURCHASE WHICH IS AN 'EMPTY BULLET' WHICH YOU CAN SHOW YOUR FRIENDS TO TELL THEM WHAT YOU ARE PROTECTED AGAINST
THE LOVE FOR iPHONE CAN COMPELL THE USER TO BUY THIS BULLETPROOF CASE ELSE IT IS VERY HARD TO BELIEVE THAT YOU HAVE TO SPEND $ 650 FOR A CASE.

BEST COMPANIES TO WORK FOR (IN INDIA)

2012-04-15T05:58:00.003-07:00

HERE IS THE LIST OF TOP BEST COMPANIES IN INDIA TO WORK FOR. THE ECONOMICS TIMES AND GREAT PLACE TO WORK INSTITUTE JOINED TOGETHER TO FIND OUT WHICH COMPANY IN INDIA IS BEST TO WORK FOR OR WE CAN SAY THOSE COMPANIES WHO CARED FOR ITS EMPLOYESS AND VICE VERSA.
MORE THAN 500 COMPANIES HAS PARTICIPATED IN THE SURVEY OUT OF WHICH 471 COMPANIES MET THE STRICT ELIGIBILITY CRITERIA ON WHICH THE COMPANY HAS TO BE SEEN.
ABOUT 67000 EMPLOYEES TOOK PART IN THIS SURVEY IN 20 SECTORS SINCE EMPLOYEES ARE THE REAL ASSET OF THE COMPANY HENCE IT IS VERY IMPORTANT TO LOOK THROUGH EMPLOYEES PERSPECTIVE.FOR INDIA THE LAST YEAR HAS BEEN GOOD BUT NOT GREAT DUE TO LESSER INCREASE IN THE PAY PACKAGES,BONUSES AND OTHER REWARDS IN THE EMPLOYEE ACCOUNT DUE TO PRE SLOW-DOWN BOOM YEARS.

SO, HERE IS THE LIST OF TOP 10 COMPANY'S IN INDIA TO WORK FOR

RANK NAME OF THE COMPANY

1 GOOGLE
2 INTEL TECHNOLOGY
3 MAKE MY TRIP
4 AMERICAN EXPRESS
5 MARRIOTT HOTELS
6 CLASSIC STRIPES
7 SCOPE INTERNATIONAL
8 AGILENT TECHNOLOGIES
9 CLARIS LIFESCIENCES
10 NETAPP

MARUTI SUZUKI ERTIGA LAUNCHED

2012-04-14T10:08:00.003-07:00

MARUTI SUZUKI HAS LAUNCHED ERTIGA THE MUCH AWAITED PREMIUM PEOPLE SEGMENT CAR BEING A MARUTI SUZUKI PRODUCT IT IS ALREADY IN THE TOP SEARCH LIST OF GOOGLE. MARUTI SUZUKI IS CREATING SEGMENT AFTER SEGMENT IN THE PRODUCTS WHICH THEY ARE OFFERING TO THE CUSTOMERS FROM VERSA TO ECO AND NOW ERTIGA.

MARUTI SUZUKI ERTIGA IS AN MPV(MULTI PURPOSE VEHICLE) HAVING SIX VARIANT STARTING FROM 5.89 LACS(EX-SHOWROOM DELHI)FOR BASE PETROL MODEL WHICH IS CALLED AS LXI TO 8.45 LACS (EX-SHOWROOM DELHI) FOR FULLY LOADED DIESEL VARIANT. ERTIGA WILL BE AVAILABLE IN BOTH PETROL AND DIESEL VARIANT, IN PETROL IT HAS A 1.4 LITRE VVT PETROL ENGINE AND IS CAPABLE OF MAKING 95PS @ 6000 RPM. ON THE OTHER HAND 1.3 DDiS DIESEL ENGINE IS FITTED INTO IT WHICH HAS A TURBOCHARGER AND IS CAPABLE OF MAKING 90PS @ 49000 RPM. BOTH THE VARIANTS IS EQUIPPED WITH 5 SPEED GEAR BOX AND DELIVER GREAT PERFORMANCE IN BOTH CITY RIDE AND HIGHWAYS.
THE HIGH END MODEL WHICH HAS A SEATING CAPACITY OF 5+2 GIVES THE BEST IN CLASS FEATURES LIKE ELECTRONIC POWER STEARING,POWER WINDOWS,STEERING MOUNTED AUDIO CONTROLS,A HIGH END STEREO SYSTEM WITH AUX AND USB SUPPORT,AC WITH BLOWER AND SAFETY FEATURES LIKE ABS,EBD AND FRONT AIRBAGS WHICH IS BEING OFFERED IN THE TOP MODEL.THIS VEHICLE HAS UNIQUE SEAT ADJUSTMENTS CONFIGURATIONS,COMPACT DESIGN AND AN AFFORDABLE PRICE WITH RESPECT TO COMPETETION WHICH IS WITH LARGER VEHICLES LIKE TOYOTA INNOVA AND MAHINDRA XYOLO

THE PRICING OF MARUTI SUZUKI ERTIGA IS AS FOLLOWS

PETROL

LXI - 5.89 lakh
VXI - 6.60 lakh
ZXI - 7.30 lakh

DIESEL

LDI - 7.30 lakh
VDI - 7.90 lakh
ZDI- 8.45 lakh

THESE PRICES ARE EX-SHOWROOM DELHI PRICES

FINANCIAL TERMS THAT ONE SHOULD KNOW !!!

2012-04-13T05:44:00.010-07:00

HERE ARE CERTAIN IMPORTANT FINANCIAL TERMS WHICH AN ENTREPRENEUR SHOULD KNOW, THESE TERMS ARE VERY MUCH NECESSARY SINCE THESE FINANCIAL TERMS GIVES THE INSIGHTS OF THE BUSINESS.MOREOVER THE KNOWLEGE AND UNDERSTANDING OF THE ENTREPRENEUR INCREASES TROUGH THESE FINANCIAL TERMS AND THEY CAN EASILY BE ABLE TO CO-RELATE THESE FINANCIAL TERMS IN THERE OWN BUSINESS VENTURE.

SO, HERE IS THE LIST OF 10 MOST IMPORTANT FINANCIAL TERMS WHICH AN ENTREPRENEUR SHOULD KNOW

1. CAPITALIZATION :- IT TELLS HOW THE COMPANY HAS FUNDED ITS FIXED ASSETS.FIXED ASSETS ARE THOSE ASSETS WHICH ARE GENERALLY FIXED AND WILL NOT CHANGE IN LONG COURSE OF TIME EX- LAND,MACHINERY,WAREHOUSING ETC IT IS ALSO KNOWN AS CAPEX, CAPEX SHOWS LONG TERM DEBT AND EQUITY IN A FIRM.THE EQUITY WILL SHOW PREFFERED STOCK, COMMON STOCK ADN PAID UP STOCK FROM OUTSIDE INVESTORS, AS WELL AS RETAINED EARNINGS FROM OPERATIONS.

2. DEPRECIATION :- DEPRECIATION IS BASICALLY SEEN AS A TAX SAVER FOR A FIRM BECAUSE IT SAVES TAX SINCE, DEPRECIATION IS APPLIED ON FIXED ASSETS HENCE A DEPRECIATION ACCOUNT HAS TO BE CREATED IN THE COMPANY FOR VARIOUS DEPRECIATION ON FIXED ASSETS. THE DEPRECIATION WHICH IS GENERALLY IN THE FORM OF MONEY IS COLLECTED UNDER THE NAME DEPERCIATION. THE COMPANY GENERALLY TRANSFERS A CERTAIN PERCENTAGE OF MONEY EVERY YEAR CONSIDERING THE NATURE OF FIXED ASSET. THIS TRANSFER OF MONEY ALLOWS THE ORGINIZATION TO GIVE LESS TAX THAN WHAT IS REQUIRED.

3. AMORTIZZATION :- IT TELLS THAT HOW SOME PURCHASES CAN BE POSTED TO THE COMPANY'S BOOK ON A PERIODIC BASIS.

4. THE MODIFIED ACCELERATED COST RECOVERY SYSTEM (MACRS) :- IT IS A METHOD OF DETERMINING THAT HOW MUCH OF A GIVEN ASSET VALUE CAN BE WRITTEN OFF EACH YEAR THE MACRS TABLE SHOWS US THAT WHAT PERCENTAGE OF ASSET'S VALUE CAN BE DEDUCTED AS TAX WRITE-OFF EACH YEAR OVER THE USEFUL LIFE OF THE ASSET.

5. MARGINAL COST :- MARGINAL COST IS THE COST WHICH IS INCURREDD TO PRODUCE ONE ADDITION UNIT OF THE PRODUCT. THIS CAPTURES THE INCREASE IN LABOUR AND MATERIAL COST OF A COMPANY.

6. GROSS PROFIT :- THE GROSS PROFIT IS THE DIFFERENCE BETWEEN THE PRICE AT WHICH IT'S SOLD, AND THE PER UNIT COST OF THE LABOR AND MATERIAL TO PRODUCE THAT UNIT.

7. GROSS MARGIN :- IT IS THE DIFFERENCE BETWEEN COST AND REVENUE BEFORE ACCOUNTING CERTAIN OTHER COST.

8. BURN RATE :- EVERY COMPANY HAS TO GO THROUGH CERTAIN OVERHEAD COSTS THAT HAS TO BE PAID EVERY MONTH REGARDLESS OF WHATEVER SALES THEY DO. THIS BURN RATE IS TYPICALLY OF WHATEVER COST GOES IN A MONTH LIKE RENT, PROPERTY TAXES, SALARIES, MARKETING BUDGET, PRINTING & COPYING ETC.BREAK-EVEN SALES ANALYSIS IS BASED HOW MUCH CASH THE COMPANY BURN CASH IN A MONTH.

9. BREAK-EVEN POINT :- THIS IS THE POINT IN THE ANNUAL OUTPUT WHERE THE NUMBER OF UNITS SOLD, OR NUMBER OF SERVICES PROVIDED, PRODUCES ENOUGH GROSS PROFIT TO COVER ALL THE FIXED OVERHEAD COSTS OF OPERATIONS.

10. VOLUME :- THIS REFERS TO THE QUANTITY OF UNITS OF OUTPUT WHICH THE COMPANY SELLS OR THE NUMBER OF TIMES ITS SERVICES HAVE BEEN USED BY THE CUSTOMER, THE COMPANY WILL FIRST DETERMINE ITS BREAK EVEN VOLUME, THEN HOW MANY UNITS BEYOND THAT POINT WILL BE THE PROFIT VOLUME WHERE AS TOTAL UNIT IS WHAT ALL UNITS A COMPANY HAS SOLD OR THE TOTAL SERVICE PROVIDED FOR THE YEAR.

VODAFONE LAUNCHES 'RELOCATION FACILITY' FOR POSTPAID CUSTOMERS

2012-04-12T04:53:00.003-07:00

VODAFONE HAS LAUNCHED A FACILITY FOR ITS POSTPAID CUSTOMERS ACROSS THE COUNTRY ENABLING THEM TO A NEW NUMBER WHEN THEY WILL RELOCATE TO A DIFFERENT STATE IN INDIA.
BY THIS SERVICE THEY AIM TO PROVIDE HASSLE-FREE SERVICES TO ITS POSTPAID CUSTOMERS WHEN THE RE-ALLOCATE IN INDIA, THIS WILL PROVIDE A GREAT EXPERIENCE TO THE CUSTOMER WHO FACE DIFFICULTY AFTER THEY RE-ALLOCATE IN DIFFERENT STATE CHIEF COMMERCIAL OFFICER AT VODAFONE INDIA SANJOY MUKERJI SAID.
AT THE NEW LOCATION , COMPANY'S EXECUTIVE WILL CONTACT THE CUSTOMER WHO ALLOCATED TO A DIFFERENT PLACE THEY WILL GIVE HIM/HER NEW NUMBER , CHANGE THE BILLING ADDRESS , COLLECT IDENTITY PROOF DOCUMENTS WITHOUT DISCONNECTING THE NUMBER AND GIVING THEM CERTAIN CREDIT LIMIT.
THIS HAS BEEN POSSIBLE BECAUSE VODAFONE IS PRESENT IN ALL THE 23 TELECOM CIRCLES AND HAS A MODERN CRM SYSTEM , MUKERJI SAID IN A STATEMENT.
MOREOVER THIS IS A GOOD INITIATIVE TAKEN BY VODAFONE IN ORDER TO RETAIN THE MIGRATED CUSTOMERS BACK TO THE VODAFONE SERVICES. BEING THE FIRST MOVER MANY OTHER COMPANIES ARE EXPECTED TO FOLLOW THE SAME STRATEGY FOR RETAINING THERE CUSTOMER BASE.

BHARTI TO BUY 4G LICENCES ?

2012-04-10T23:21:00.005-07:00

BHARTI AIRTEL IS PLANNING TO BUY 4G LICENCES FROM QUALCOMM @ 6000 CRORE. THE US CHIP MAKER(QUALCOMM) IS IN FINAL TALKS WITH BHARTI AIRTEL IN ORDER TO SELL ITS 74% STAKE OF 4G LICENCES TO AIRTEL. QUALCOMM HAS BOUGHT 4G LICENCES FOR FOUR CITIES DELHI,MUMBAI,KERELA,HARYANA IN BROADBAND WIRELESS AUCTION IN THE YEAR 2010 FOR RS 4900 CRORE.
THIS JV BETWEEN BHARTI AIRTEL AND QUALCOMM WILL GIVE AIRTEL FIRST MOVER ADVANTAGE TO LAUNCH 4G SERVICE IN INDIA(DELHI&MUMBAI), THE DEAL BETWEEN THEM IS TO BE CLOSED IN JUNE. BHRATI AIRTEL IS BUYING ITS 4G LICENCES FOR ABOUT 6000 CRORE.
4G SERVICES OFFER USERS TO ACCESS INTERNET BASED SERVICES AT 3 TIMES THE SPEED OF 3G AND IT REQUIRE A BROADBAND AIRWAVES(QUALCOMM HAVING)
A BHARTI AIRTEL SPOKESMAN SAID THE COMPANY DID NOT COMMENT ON MARKET SPECULATION WHILE EMAILS TO THE US COMPANY WENT UNANSWERED. "THE SALE IS QUALCOMM'S DECISION, WE ARE NOT INVOLVED AT THIS POINT," SAID HS BEDI, CHAIRMAN AND MANAGING DIRECTOR OF TULIP TELECOM, ONE OF QUALCOMM'S TWO JV PARTNERS IN INDIA.