Tigerwoods is a well known golf player who has won 14 major championships till now. He is considered to be one of the most influential sportsperson and he can attract the sponsors and financiers to the golf. In December 2009 his wife accused him of the extramarital affairs. So, he took indefinite leave from golf. Shocked by this the companies like Accenture, Gillette, AT&T backed out their endorsement deals with Tigerwoods. Some companies like Nike, Electronic arts stood by him. On 16th march he has announced that he would come back to golf in the Masters championship which is to be held during the month of April. This has become a long awaited boon for sponsors that stood by him and marketers that stand to get big exposure from the big Masters audience. IBM Corp, AT&T, Exxon mobil are the three major sponsors for the Masters championship. Because of Tigerwoods’ return these companies will get more exposure. Nike who stood by Tigerwoods will get a good exposure for its products like Tiger’s Nike hat, Nike shirt, Nike ball. Electronic Arts which supported Woods are going to launch their next edition of video game Tigerwoods PGA tour in june also will get visibility. ESPN & CBS are going to broadcast the Masters championship. In 1997, when Tigerwoods reached finals there were 20.3 million audience. So if Tigerwoods reached finals this year and proved him then that will have a strong positive impact over the sponsors, broadcasters and also for companies like Nike and Electronic Arts. Anyway for people who considered Tigerwoods as their role model this re-entry may create negative impact.
Dish TV came up with a new gadget.
Dish TV, India's largest DTH service provider,with a customer base of over 6 million came up with a new gadget that helps us to shift from one DTH service provider to other without changing the set top box and dish antenna.The gadget is called CAM (Conditional Access Module),which is a card that can be inserted into the set top box.
Recently TRAI (Telecom regulatory authority of India)has made it compulsory that set top box offered by every DTH service provider should have an empty space where the card can be inserted.
Advantages
1) With the introduction of CAM Dish TV will be able to tackle competition and they will be able to increase their sales.
2) Customers need not pay extra money on set top box and dish antenna
3) DTH service providers will be able to reduce the cost of subsidy.
Disadvantages
1) Competitors argue that the price of CAM will be almost equal to the cost of buying a new set top box,so their wont be any market for CAM
2) Customers wont be able to access the interactive services and other valye added services of other DTH providers.
Recently TRAI (Telecom regulatory authority of India)has made it compulsory that set top box offered by every DTH service provider should have an empty space where the card can be inserted.
Advantages
1) With the introduction of CAM Dish TV will be able to tackle competition and they will be able to increase their sales.
2) Customers need not pay extra money on set top box and dish antenna
3) DTH service providers will be able to reduce the cost of subsidy.
Disadvantages
1) Competitors argue that the price of CAM will be almost equal to the cost of buying a new set top box,so their wont be any market for CAM
2) Customers wont be able to access the interactive services and other valye added services of other DTH providers.
RBI asked banks to go rural
On 21st February 2010 RBI deputy governor Mr.Subir asked all the nationalised banks to go to rural india.He asked all the national banks to provide banking services to the far-flung villages with minimum population of 2000.
On 26th February 2010 our finance minister Mr.Pranab Mukherjee asked all the banks to provide banking facilities for villages.He also said that account is important for all the citizen in india.He also told about introducing of frilled accounts,in which we can maintain zero balance.
ADVANTAGES
* it will increase money circulation in the country.
* it will create lot of job opportunity.
* it will give the banking sector to collect a lot of revenue for the government.
* it would broaden the indian economy.
* it will increase the india's growth rate.
* it will help government to implement the policies effectively and efficiently.
* it would help the village people to get loans easily from the bank for agriculture.
* it would help the young budding entrepreneurs to obtain loan for their business,thus
the standard of living in villages.
* it helps in equal urbanization across the country.
* it will help in easy transaction of money all over the country.
* it will stop the migration of people from rural to urbanized areas.
DISADVANTAGES
* it will increase inflation in the country.
* due to high money circulation,there would be a depreciation in the value of money in international market.
* due to urbanization across india it might reduce the production of agriculture products.
* it might lead to food inflation.
* the urbanization across india may lead to pollution.
* it lead to high consumption rate.
* it might lead to rise in population.
Center Fixes Fertilizers Subsidies....
Center Fixes Fertilizers Subsidies....
This report came in Business Line in Agribusiness Column on March 18, 2010 that centre fixes fertilizers subsidies. The price of Nitrogen is at 23.22 Rs./Kg, Phosphorus is at 26.27 Rs./Kg, Potash is at 24.48 Rs./Kg and Sulphur is at 1.78 Rs./Kg. Famers may not have to suffer huge increase in price of non-urea fertilizers following their decontrol with effect from April 1, 2010. Under this scheme the centre will announce subsidies on each nutrient before every fiscal, which will valid for the whole year. The fertilizer subsidies which in the earlier system were fixed on the product will now be calculated on the basis of the percentage of nutrients contained in it. For instance the subsidy on DAP will be calculated on the basis of nitrogen and phosphorus content in 18% and 46%.
In India 42% people living below poverty line in rural India. By applying these subsidies it will increase agricultural productivity and will decrease high food price inflation. For NAREGA this year 40,000 Crore been sanctioned by central government, 66,100 Crore for rural development, and 48,000 Crore for Bhrat Nirman. By these things government in this Union Budget is taking more care of the rural India.
Centre Fixes Fertilizers Subsidies....
This report came in Business Line in Agribusiness Column on March 18, 2010 that centre fixes fertilizers subsidies. The price of Nitrogen is at 23.22 Rs./Kg, Phosphorus is at 26.27 Rs./Kg, Potash is at 24.48 Rs./Kg and Sulphur is at 1.78 Rs./Kg. Famers may not have to suffer huge increase in price of non-urea fertilizers following their decontrol with effect from April 1, 2010. Under this scheme the centre will announce subsidies on each nutrient before every fiscal, which will valid for the whole year. The fertilizer subsidies which in the earlier system were fixed on the product will now be calculated on the basis of the percentage of nutrients contained in it. For instance the subsidy on DAP will be calculated on the basis of nitrogen and phosphorus content in 18% and 46%.
In India 42% people living below poverty line in rural India. By applying these subsidies it will increase agricultural productivity and will decrease high food price inflation. For NAREGA this year 40,000 Crore been sanctioned by central government, 66,100 Crore for rural development, and 48,000 Crore for Bhrat Nirman. By these things government in this Union Budget is taking more care of the rural India.
In India 42% people living below poverty line in rural India. By applying these subsidies it will increase agricultural productivity and will decrease high food price inflation. For NAREGA this year 40,000 Crore been sanctioned by central government, 66,100 Crore for rural development, and 48,000 Crore for Bhrat Nirman. By these things government in this Union Budget is taking more care of the rural India.
FORD all set to make INDIA small-car hub
India, is now one of the topmost and important auto hubs in the Asian continent. This has now been realized by most of the auto companies. So as a departure from the past, Ford has already started their manufacturing unit for small car in our country and is also planning to bring all their models what they have to the Indian market, attempting to catch up with the rivals and gain greater traction in the red-hot Indian car market that is setting new sales records every month.
What FORD has done earlier in INDIA was that they had rolled out escort cars in the nineties in a joint venture with the Mahindras even though it was a hit, they didn't realize the importance of producing a right-sized and right-priced car for the Asian markets. This is where they gave space to its Asian rivals like Hyundai and Honda which came up with appropriate models.
That is what FORD has realized and going to do now, and FORD Figo is just one part of their larger vision. Out of the small car market the 50% of the demand is for the hatch back segment and so they came up with the right model FORD Figo which is rightly priced and will be taking on Maruti Suzuki's Wagon R and Swift and Hyundai's i10.
The reason why FORD has chosen INDIA as their location for small car manufacturing is because, Allan Mullaly CEO of FORD motors is a fan of India's Frugal Engineering capabilities, where a complex process would be broken into basic components and further developing this basic components to final process economically. They have chosen Chennai especially because of the favourable governmental policies, tax benefits and the TN government is further going to improve the conditions for the manufacturing industries there.
The main strategy for FORD from the time when Allan Mullaly has taken charge from 2006 which he calls "Laser Focus on the Mother brand", because its a brand that people recognize and appreciate and we want to grow it and be focused on it, CEO said. This is the main reason why they have sold one of their premium brand Jaguar Land Rover to TATA recently, and even they are in talks to sell their another brand VOLVO cars to a firm in China.
The future implications will be from the FORD point of view they could gain a greater traction of the small car Asian market which they are lacking now and from India's point of view our economy would be benefited as FORD is going to export the car from our country to other places and it will also help the local component manufacturers of our country.
FOOD INFLATION RATE SLOW DOWN TO 16.30%
The current food inflation rate has declined from 17.8% to 16.30% for the week ended March 6th.The decline is due to the decrease in the prices of vegetables and pulses. Prices of vegetables like onion and potatoes has come down to 11.08% and 3.5%.The pulse have also become cheaper. Sugar prices have come down due to higher production estimates in major producing states like Maharashtra and Uttar Pradesh. In the beginning of the year 2010, the food inflation rate marginally rose to 17.8% and this rise was due to the due to poor harvest. The highest inflation was in the year in year 1972 which was 25% and this was due to the poor integration of price policies and economic policies, import of beef and poor harvest. But the fuel inflation rate has gone up to 12.68%. It has been anticipated that the food inflation rate is likely to be the same for some period of time and rise when there is hike in the prices of diesel and petrol.
The current food inflation rate has declined from 17.8% to 16.30% for the week ended March 6th.The decline is due to the decrease in the prices of vegetables and pulses. Prices of vegetables like onion and potatoes has come down to 11.08% and 3.5%.The pulse have also become cheaper. Sugar prices have come down due to higher production estimates in major producing states like Maharashtra and Uttar Pradesh. In the beginning of the year 2010, the food inflation rate marginally rose to 17.8% and this rise was due to the due to poor harvest. The highest inflation was in the year in year 1972 which was 25% and this was due to the poor integration of price policies and economic policies, import of beef and poor harvest. But the fuel inflation rate has gone up to 12.68%. It has been anticipated that the food inflation rate is likely to be the same for some period of time and rise when there is hike in the prices of diesel and petrol.
3G Spectrum and Broad band Wireless Access spectrum
It's boom times for mobile phones in India.And people are looking forward to more information ,faster data access and multimedia services through their mobile phones.3G technology turn this dream into reality.Spectrum refers to a range of frequencies.1G networks are analog.2G networks are digital.2G stands for second-generation wireless telephone technology.3G(third-generation) technology is used to enhance mobile phone standards.3G helps to simultaneously transfer both voice data( a telephone call) and non-voice data (such as downloading information,exchanging e-mail,and instant messaging.The highlight of 3G is video telephony.3G services will enable video broad cast and data-intensive services such as stock transactions ,e-learning and telemedicine through wireless communications.Japan was the first country to introduce 3G on a large commercial scale.In 2005 about 40 percent of subscribers used only 3G networks .It is expected that during 2006 the subscribers would move from 2G to 3g and upgrade to the next 3.5G level.
There are about 60 3G networks across 25 countries .on 19th march 9 players applied for 3G and 11 players applied for Broad band wireless access spectrum .Almost all leading private telecom companies including Bharti Air tel,Vodafone,Essar,Reliance communications and Tata Tele services have filed their applications for the 3G spectrum auction will be held next month (april 9th).similarly etisalat DB ,a joint venture between UAE-based Etisalat(Emirates Telecommunications corporation and swan telecom,will also be bidding for spectrum to offer adv--anced mobile services.
All the major players are likely to join the bidding that will begin on April 9.All the major players are likely to bid for pan- India licence.The Department of Telecommunications,which has fixed a reserve price of 3500 crore for pan-India spectrum ,is targeting over RS 20000 crore revenues from the 3G Spectrum auction.Similarly ,for the wireless broadband access(BWA or Wimax) spectrum 11 players- Tatacommunications,Qualcomm,Tikona,vodafone Essar and some other players submitted applications for BWA spectrum.
3G has successfully been introduced in Europe .But several issues like high licensing fees,high infrastructure hamper its growth.
4G technology stands to be the future standard of wireless devices.currently Japanese company NTT docomo and samsung are testing 4G communication
There are about 60 3G networks across 25 countries .on 19th march 9 players applied for 3G and 11 players applied for Broad band wireless access spectrum .Almost all leading private telecom companies including Bharti Air tel,Vodafone,Essar,Reliance communications and Tata Tele services have filed their applications for the 3G spectrum auction will be held next month (april 9th).similarly etisalat DB ,a joint venture between UAE-based Etisalat(Emirates Telecommunications corporation and swan telecom,will also be bidding for spectrum to offer adv--anced mobile services.
All the major players are likely to join the bidding that will begin on April 9.All the major players are likely to bid for pan- India licence.The Department of Telecommunications,which has fixed a reserve price of 3500 crore for pan-India spectrum ,is targeting over RS 20000 crore revenues from the 3G Spectrum auction.Similarly ,for the wireless broadband access(BWA or Wimax) spectrum 11 players- Tatacommunications,Qualcomm,Tikona,vodafone Essar and some other players submitted applications for BWA spectrum.
3G has successfully been introduced in Europe .But several issues like high licensing fees,high infrastructure hamper its growth.
4G technology stands to be the future standard of wireless devices.currently Japanese company NTT docomo and samsung are testing 4G communication
Renovation of Batch 18c Blog - A New Start
I got a good news for all of you. I had a talk with our class teacher, Fatima Mam. Our blog posts have been evaluated and marks has already been submitted for the same.
She has given permission to continue this blog and has given full freedom to express yourself through this blog, but then this blog needs a renovation. What is your opinion?
What I suggest :
Some blog posts should be deleted and only few quality, meaningful blogs should survive before we start a new journey.
Lets not just limit ourselves to copy paste or to the business articles. We are dealing with corporates and business side too much already. So let this blog show the creative side of yours. Let more poems, short stories, experience be posted. Be different, be creative. Let the writer in you live it's dream here. Let this be the dwelling place for your writer. Who knows tomorrow you may write your own novel.
This is not for evaluation, so post not for marks or to impress anyone but post right from your heart. That gives a life to your blog post and more comments/feedback would flow into it.
Add pictures to give life to your blog. If you face any issue we can start a technical support blog too where we can post our queries and rest all can sort out the issue. Let this be the teamwork than individual effort. Lets motivate each other.
Do not just blogs, lets read others post too and comment on it. By the way if your blog is interesting I am sure it would attract many readers.
We can start debates in here too.
Now what we need to do is, post the title of two blogs which you liked the most out of 225 blogs. I know there are many blogs which are too good but lets select two best blogs as per you.
So lets come together and make it a success. Post in more suggestions and your views about the same.
She has given permission to continue this blog and has given full freedom to express yourself through this blog, but then this blog needs a renovation. What is your opinion?What I suggest :
Some blog posts should be deleted and only few quality, meaningful blogs should survive before we start a new journey.
Lets not just limit ourselves to copy paste or to the business articles. We are dealing with corporates and business side too much already. So let this blog show the creative side of yours. Let more poems, short stories, experience be posted. Be different, be creative. Let the writer in you live it's dream here. Let this be the dwelling place for your writer. Who knows tomorrow you may write your own novel.
This is not for evaluation, so post not for marks or to impress anyone but post right from your heart. That gives a life to your blog post and more comments/feedback would flow into it.
Add pictures to give life to your blog. If you face any issue we can start a technical support blog too where we can post our queries and rest all can sort out the issue. Let this be the teamwork than individual effort. Lets motivate each other.
Do not just blogs, lets read others post too and comment on it. By the way if your blog is interesting I am sure it would attract many readers.
We can start debates in here too.
Now what we need to do is, post the title of two blogs which you liked the most out of 225 blogs. I know there are many blogs which are too good but lets select two best blogs as per you.
So lets come together and make it a success. Post in more suggestions and your views about the same.
WALK WALK...............
INDIA as you all know is a paradise of Diabetes and blood pressure, these two together with high cholesterol cause syndrome-X. Indians diet is very high in carbohydrates and saturated fats, this diet with physical inactivity leads to diabetes, blood pressure and cholesterol. Every Indian should realise that living with syndrome-X is harmful to health, which might lead to premature death due to heart attack or stroke. This is big burden on loved ones and family.
Every young Indian should realize that all the above disease can be prevented (for sure) through regular physically active life, healthy diet rich vegetables and fruits, and limit foods that are rich in carbohydrate and saturated fats. Those who are already living with these lifestyle disease, start regular physical activities right today and ward off disease related complications like heart attack, stroke, diabetic problems, kidney diseases and so on.
In addition, walking and other physical activities have vast health benefits. Keep you live longer with good health, mind and heart.
The food style of the individuals needs to be based on the lifestyle of that person. In turn, it should be something which is to be tailor made and it is to be strictly followed. Our ancestors had a very good composite food items. It had a good nutritive value and they even had a good physique too. By saying the so called development and modernisation, we are slowly forgetting or neglecting our native food resources. we should keep it in our mind to have the menu which matches with our daily calorie requirements and follow it. walking is a good source to keep our body and mind in a healthy condition. It saves our time in spending time unneccessarily in watching TVserials and in other means. It is a healthier practise which we should make as our daily routine for all in our families.
Remember,Health of Indian Human Resource is the real asset of the nation and Modernization is not blind westernization. So lets Indianise our Indians life.....
Every young Indian should realize that all the above disease can be prevented (for sure) through regular physically active life, healthy diet rich vegetables and fruits, and limit foods that are rich in carbohydrate and saturated fats. Those who are already living with these lifestyle disease, start regular physical activities right today and ward off disease related complications like heart attack, stroke, diabetic problems, kidney diseases and so on.
In addition, walking and other physical activities have vast health benefits. Keep you live longer with good health, mind and heart.
The food style of the individuals needs to be based on the lifestyle of that person. In turn, it should be something which is to be tailor made and it is to be strictly followed. Our ancestors had a very good composite food items. It had a good nutritive value and they even had a good physique too. By saying the so called development and modernisation, we are slowly forgetting or neglecting our native food resources. we should keep it in our mind to have the menu which matches with our daily calorie requirements and follow it. walking is a good source to keep our body and mind in a healthy condition. It saves our time in spending time unneccessarily in watching TVserials and in other means. It is a healthier practise which we should make as our daily routine for all in our families.
Remember,Health of Indian Human Resource is the real asset of the nation and Modernization is not blind westernization. So lets Indianise our Indians life.....