Monday, December 28, 2009

Narsee Monjee Institute of Management Studies- Distance Learning


NMIMS has changed the meaning of Distance Learning. NMIMS is offering a unique distance learning programme with weekend classroom assistance dedicating 30 hours of classroom teaching per semester. Programme structure is designed in such a way so that it suites both professional and non-professional students. It has been designed for 20 months but one can finish the programme in the maximum time of 5 years. Under the banner of DL NMIMS is offering both diploma as well as post diploma courses.
Programme Fee
Diploma Course: 26,000/- and 1000/- towards admission fee.

Post Diploma: 1st year 26,000/- and 2nd year 24,000/-
Mode of payment is DD only.

So please don't get confuse with Distance Learning and Executive programme.

Tuesday, December 15, 2009

Prositution: A service industry


'Prostitution' is the act of using physical body for lewd purposes in return for payment. It is a service in any form indulging a body for the shake of profit. One may also refer to it as a 'Barter System' in which there is a exchange for food or clothes. Prostitution was synonyms to the women, but in recent times, men are also involved in providing service to this industry.
If we consider 'prostitution' as the part of the service industry, it is more than a $400 million industry. In recent time, it is a burning issue that can we legalize this world's oldest profession in India? If so, then what will be the consequences, weather it will help to stop illegal trafficking and add to taxes or it will have ill effects on the Indian society. I don't want to discuss the social impacts, though I know it won't have, but taking
financial aspects into consideration, it will add more to the growing economy like India. If we take it as the part of service industry and people working in it simply as 'sex workers', we will get positive potential out of this industry. It should be taken care of that each process has a class and service rendered should be in legal and hygienic way.
Thus if we treat this industry as sophisticated, have a right look towards it and aware that it should have wrong impact on our Indian society, it will create better and positive option for our economy.

Monday, December 14, 2009

Indian Business Quiz: Part 1

1. It was established as "The Native Share and Stock Brokers Association" in 1875 and oldest of its kind in Asia. Name it?

2. It was called the Imperial Bank of India until 30th April 1955 and was the result of the amalgamation of the Bank of Bombay, Bank of Madras and Bank of Bengal. How do we know it today?

3. It is the largest stock exchange in India and first in India to start online trading in year 2000. It is owned by leading financial institution like LIC. Name it.

4. Who was the first finance minister of the independent India?

5. Which two Indian Finance minister have presented 5 budgets in a row?

6. Which finance minister went to become the President of India?

7. Who was the first Governor of Reserve Bank of India?

8. Who was the first Indian Governor of Reserve Bank of India?

9. Who is the longest serving Governor of RBI?

10. Who is the shortest serving Governor of RBI?

Saturday, December 12, 2009

Uninor- Ab mera number hai

Telenor Group's Indian Mobile operation, Uninor has launched its mobile services in seven Indian telecom circles, making it the largest single day launch in the telecom history. On the first day of its service, Uninor will cover a footprint of close to 600 million people.
UNINOR is a joint venture between Norway's telecom major TELENOR and Indian real estate major UNITECH, as Unitech Wireless.The company last week launched its 2G GSM service across seven circles in India. Telenor which hold 49% in Uninor, has received government approval to raise its stake to 67.25%. Uninor is targeting an 8% market share within the next two to three years nationally. The operator will be retailed at over 21,000 points of sale through close to 1000 executive distributors in the seven circles in the country.
TELENOR had earlier earmarked a capex of Rs. 15,500 crore for five years, but has trimmed its capital expenditure estimates by Rs. 3,500 crore, on the account of falling equipment cost. The Norwegian major has also projected that its Indian arm would suffer losses to the time of Rs.15,000 crore in the first five years of its operations in India. Unitech Wireless, home partner has raised Rs. 5000 crore, as bridge loan from SBI( State Bank of India), to fund the rollout of is operations in India.

Briefing Launch:
1. Uninor is the joint venture between Norway major Telenor and India's Unitech Wireless.
2. Uninor will rightly operate in seven circles of Indian telecom sector.
3. It is the largest single day launch in the telecom industry.
4. Leo Burnett has been appointed as the creative partner to design a communication approach to differentiate its brand.
5. Zenith Optimedia appointed as the media partner.
6. Unitech Wireless ties up the SBI for INR 5000 crore facility.

Friday, December 11, 2009

Yes Bank- a knowledge banking driven


'Yes Bank' may not be the common among the general public two years before or may even today also, but in fact it is ranked number 1, among the mid-sized banks in India by Business today and ranked number 3 among the private banks in India by Financial express. From beginning company promoters Mr. Rana Kapoor and Mr. Ashok Kapoor, has identified food and agriculture, infrastructure, life-sciences, healthcare, technology, telecom, commodities and energy for its business and that is the reason why Yes bank got 'No' in the mind of general public. Now company is focusing on retail banking too. On 10/12/2009 Yes bank and India Infoline got together to offer 3in1 account, where the bank account and depository account will be with Yes bank while the broking account will be with India Infoline.
Before presenting the detail of the company, gathered from different it would be right to present the short description of the company first.

Briefing the company:
1. Yes Bank is the only Private Indian Bank to be issued Greenfield license by Reserve Bank of India in last 10 years.
2. Yes bank is promoted by Rana and Ashok Kapoor.
3. Company mainly targets agri- business, healthcare, life sciences, infrastructure etc.
4. Yes Bank India have adopted the globally recognized Six Sigma and ISO standards.
5. Company focuses on knowledge banking in which it provides in-depth knowledge about the specific industry in which it excels.

Thursday, December 10, 2009

Monte Carlo- Website Review


Monte Carlo is an Indian brand owned by Oswal Woolen Mills. It is a flagship company of the Rs. 2000 crore Nahar Group, which is an industrial conglomerate with a diversified portfolio that include spinning, knitting, fabric processing, hosiery garments, knitwear, finance and infrastructure.
The company's infrastructural base include six factories with 10,000 employees. Other well known brand under this flag is Cotton County.
Monte Carlo
~ It's the way you make me feel

New product launch:

1. Alpha
~ Women are miracle of divine contradictions

2. Canterbury
~ Anywhere is a paradise; its up to you.

Features and facility on company's website:
1. Online shopping facility.
2. Privilege club membership facility.
3. E- catalogue on request.
4. Dressing and Shopping tips.
5. Facility for choosing career in the company.

Monday, November 9, 2009

Bollywood selling rare diseases

Indian cinema has got a new recipe to sell. This formula is super hit and ruling the chart. Big budget to small every film movie is using this formula. Thus Hindi cinema is getting the 'tarka' of 'rare diseases ' to make it spicy.

These type of films are exposing the some hidden and rare kind of happening in the medical world. One thing is clear that the combination of medical science and imagining world of cinema is a new 'combo' and is the HIT formula for success.

NGOs and social workers are cheering the move which they say would result in an increase in the awareness and sensitivity among those who were ignorant of such diseases.

Bhool Bhulaiya(2007): A psychological thriller comedy horror film byPriyadarshan revolves around the a desease called Dissociative Identity Disorder, in which people lose his/her identity and behave like person who is in their imagination.
The film opened to a 85-95% response, which was the second best opening of the year after Partner. It was well-received by cinema-goers for its mild comedy and psychological horror and suspense.

Tuesday, September 29, 2009

Customer focus- a driving force

Marketing is a very flexible word. It can be organized or bundled into different type according to the approach or need. Depending on focus, it can be:
1. On the basis of customer focus
2. On the basis of product focus

In consumer driven approach, consumer wants are the drivers of all strategic marketing decisions. Before coming to any conclusion, consumer research, views and bridges are are made between the consumer and the product offered. Starting to end its consumer driven. Taking this approach into consideration also help companies to invest less in R&D.
The concept that the consumer is the only person qualified to specify what 'Quality' means! This leads to detailed analysis of who are the customers, what are there there needs, what are required(new) to the product/ services in best possible way to be innovative and more useful product in comparison to competitors, at last and very important how to keep our customers satisfied in the long run.

Monday, September 28, 2009

Parle G- Do Genius


Parle G is the oldest and most successful brand in its category. It is the largest selling biscuit brand in the world in terms of volume. Moreover with a competitive price of Rs. 4/93.5g it rule the market with 65% of market share. Today product of the day is- Parle G.
Category: Biscuits

Brand Company: Parle Products Private Limited.

Website: www.parleproducts.com

* The name "Parle G" is derived from the Indian railway station, Vile Parle, where Parle Production factory is based.

* The product has instant recognition by its iconic white and yellow wrapper with a young girl on it.

* Slogan: Company was always confused with its tag line or slogan. It has used "G for Genius" since 2004, but in 205-06 this has been changed to " Hindustan ke Takat" again in 2007 it got modified to "Do Genius".

* It is the largest selling biscuit in the world in terms of volumes.

* It is more than 55 years old brand.

* It commands good 65% market share in the domestic biscuit market.

* Parle G accounts for more than 50% of the company turnover.

* Parle Products Private Limited commands 40% market share in the 35 billion biscuit market in India.

* The Glucose biscuit category in India is estimated to be Rs. 15 billion.

Tuesday, August 11, 2009

Capitalists now socializing for profits

First thing first! Earn profits no matter what medium you choose. In the time period of recession and instability every capitalists is searching for the ‘cheap and best’ mode. Web 2.0 (I am not going to deal with technical terms but one thing I can say it is a present platform of internet that has revolutionized the entire world!) was last is accepted as the most preferred way to reach the customers under limited resources. Internet penetration may be abysmal but the gaining popularity of ‘social networking sites among the youth is prompting companies to ‘log in’ and gain to support themselves.

The numbers are also very promising; India Online Report tags the Internet population in the nation between 49-50 million, with nearly 15-35 age group. This not ends here; many small and big players are also setting up online stores to accelerate their sale. At present there are about 23 million social networking sites users in India, out of which orkut stands first on victory stand with 12.8 million users, followed by facebook, bharatstudent and others.

Sites

2007

2008

Orkut

7.1mn

12.8mn

Facebook

1.6mn

4.04mn

Bharatstudent

1.7mn

3.26mn

Fropper

0.256mn

0.248mn

Bigadda

0.515mn

0.385mn

Source: comSource, a global leader in measuring the digital world

www.socialize.com- launching a brand

Richard Branson, owner virgin brand though decided to fling himself from a 5 star hotel of Mumbai to announce the launch of virgin mobile in India, earlier in 2008 but his CEO, Prasad Narasimhan got the pulse of the market and dedicated himself towards social networking galaxy. According to him to get a grip of tastes and preferences of young Indian consumers! Virgin’s Think Hatke tagline was an obvious result. Conversations, contests and communities on portals like orkut, facebook etc were just few among the different ways that the ionic brand is building the resonance around its brand. Virgin has 10 different communities on orkut with 3124 members at present. Twitter even has a Think Hatke ID. Now company is not only preparing to pilot its ad campaign but also deciding to jump start their sales via e-commerce .

Till now company has not got the satisfactory results but the system and the means of communication is Hatke and it will help the company in the coming days.

www.socialize.com- election campaign

In India, the forthcoming general assembly elections have seen many local politicians follow Obama's footsteps, and the Internet is poised to play a larger role in these elections--to held in five phases on Apr. 16, 23 and 30, as well as May 7 and 13.

With nearly 700 million people eligible to cast their votes, political parties are busy wooing first-time voters and the country's tech-savvy middle class. Indian politicians have turned to YouTube, Facebook, Orkut, podcasts, live chats, Twitter and other Web 2.0 tools, to reach out to the electorate.

Bharatiya Janata Party's (BJP) octogenarian prime ministerial candidate, L. K. Advani, is reaching out to youths through live chats and his Web site(blog.lkadvani.in). Advani is also on Facebook, Orkut and YouTube, while his colleague and Gujarat chief minister Narendra Modi, uses tools such as podcasts, Twitter, Google SMS and widgets.

Supporters have also created groups on social networking sites such as Facebook and Orkut, to rally voters. Ruling party Indian National Congress' youth wing leader, Rahul Gandhi, for instance, currently has over 3,000 supporters on Facebook. Several politicians are also on Twitter, including Congress' S. M. Krishna and BJP's V K Malhotra.

The country's largest opposition party, BJP is undoubtedly the most active on cyberspace, and has banner ads--spouting "Advani for PM" messages--running on a plethora of Web sites.

The Internet, however, provides a way to appeal to the youth. Over half of India's 1.15 billion population is younger than 25 years, and 50 million new voters are estimated to have entered the electorate since 2004. Many first-time voters are likely to be connected via Internet and mobile phones.

www.socialize.com- eye on India

India is being heavily wooed by the giants of the internet, with both YouTube and MySpace having just set up dedicated Indian sites.

But both sides have the same audience firmly in their sights - young, internet-savvy Indians. Compared with the West, internet take-up in the subcontinent is not high but capitalists are taking it as a matter of investment. If we take infrastructure for instance, a huge investment was made in this field which it is paying now! YouTube has signed up a string of local media partners to put their content online - from Bollywood producers to Institutes of Technology.

In the meantime, internet users in India may have something of a golden age to look forward to.

Companies are falling over themselves to highlight what they can do for India, not what India can do for them.

All this competition will ensure that home-grown sites keep innovating - while the deep pockets of both YouTube and MySpace will mean more choice for web-surfers.

And all of it for free.




Sunday, August 9, 2009

Geocities getting out of online street


Yahoo! Geocities is on the way towards close door. Geo –cities, a free website building service owned by yahoo.com is closing on October 26,2009. It means the whole time and money that you have dedicated for years at improving your site will be in hell at just one click! So, either you loose every thing or take a mid way.

If you'd like to move your web site, or save the images and other files you've posted online, you need to act now by choosing one of the following options:

1. Move your website to paid web hosts: There are many web hosting companies who will host your valuable sites at very comparative rates. Yahoo itself has announced the hosting offer at Rs 200/month for a year. You may also choose from the list like rediff, google and many others small and big players of hosting industry.

2. Download your files to your computer: If you are confused right now about what to do then don’t worry you may choose to be neutral right now by saving your files to your hard disk at a specified location.

But whatever you want to do, do it fast because countdown begins!

Wednesday, April 15, 2009

Environment Protection Act 1986

Background:
In the wake of the Bhopal Gas Tragedy, the Government of India enacted the Environment (Protection) Act 1986 under Article 253 of the Constitution. The purpose of the Act is to implement the decisions of the UN Conference on Human Environment of 1972. The Act is an umbrella legislation designed to provide a framework for Central Government coordination of the activities of various Central and State authorities established under previous laws such as the Water Act and the Air Act.

Definitions:
Meaning of different words used under this Act are-

(a) "environment" includes water, air and land and the inter- relationship which exists among and between water, air and land, and human beings, other living creatures, plants, micro-organism and property;

(b) "environmental pollutant" means any solid, liquid or gaseous substance present in such concentration as may be, or tend to be, injurious to environment;

(c) "environmental pollution" means the presence in the environment of any environmental pollutant;

(d) "handling", in relation to any substance, means the manufacture, processing, treatment, package, storage, transportation, use, collection, destruction, conversion, offering for sale, transfer or the like of such substance;

(e) "hazardous substance" means any substance or preparation which, by reason of its chemical or physico-chemical properties or handling, is liable to cause harm to human beings, other living creatures, plant, micro-organism, property or the environment;

(f) "occupier", in relation to any factory or premises, means a person who has, control over the affairs of the factory or the premises and includes in relation to any substance, the person in possession of the substance;

(g) "prescribed" means prescribed by rules made under this Act.

Tuesday, April 14, 2009

Tech Mahindra


Tech Mahindra is a global integrator and business transformation consulting firm specialized in telecom industry.
Tech Mahindra has been the chosen transformation partner for wireline, wireless and broadband operators in Europe, Asia-Pacific and North America. Majority owned by Mahindra & Mahindra, one of the Top 10 industrial houses in India, in partnership with British Telecommunications plc (BT), world’s leading communications service provider, Tech Mahindra has grown rapidly to become the 6th largest software exporter in India (NASSCOM 2007) and the second largest telecom software provider from India (Voice & Data 2007).

Milestones:
1. 1986: Incorporation in India
2. 1987: Commencement of Business
3. 1993: Incorporation of MBT International Inc., the first subsidiary outside India.
4. 1994: Awarded ISO 9001 by BVQI.
5. Acquired Axes Technologies (India) Pvt. Ltd, including its UK and Singapore subsidiaries.
6. Name changed to Tech Mahindra. Also formed JV (Joint Venture) with Motorola under name Canvas M in the same year.
7. 2007: Acquired iPolicy Networks Ltd.
8. 2009: Tech Mahindra declared highest bidder for Satyam with an offer of Rs. 58/share for 31% stake in Satyam.

Tech Mahindra Foundation:

Founded in June 2007 to help underprivileged, especially children, as well as espouse the cause of women's empowerment in education. The Foundation also supports women empowerment programs through vocational, technical and professional education at all levels. Tech Mahindra Foundation is spawning new ways to transform society by supporting education and women empowerment programs, and bring its benefits to the displaced and dispossessed. The Foundation has tie-ups with non-governmental organizations (NGOs, not-for-profit ventures) based in Delhi-Noida, Maharashtra and Karnataka.

Revenue Graph:


During FY (Fiscal Year) 05 Tech Mahindra had 210.4 million dollar ($ mn), which went up to 648 million dollar during FY06 and much higher up to 934.7 million dollar during FY08. Due to recession in market companies revenue had decreased to 231.9 million dollar in March 09.