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Monday, April 25, 2011

Indian Exporters at business zone

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  • Concealed Lever Lock
    Leather Hobo Bag
    Ladies Kurti
    Insulated Aluminium Conductor
    Wooden Sweet Box
    Gold Beads
    Age Defying
    Kaju Katli
    11 KV 22 KV 33 KV POST INSULATORS,POST INSULATORS,CERAMICS INSULATORS,KABIR SALES CORPORAT
    Brown Leather Bags
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    eBusinessZone Support Team
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    Thursday, June 17, 2010

    Remembering the great Strategy Guru – C.K.Prahalad (8th August 1941 – 16th April 2010)

    The Great Management Guru in Corporate Strategy – Coimbatore Krishnarao Prahalad – was by no means an ordinary man. He was consulted by the top management of many of the world’s foremost companies and held the role of management thinker in large, diversified, multinational corporations. He had the depth and range of knowledge that he commanded utmost respect by the captains of the industry.
    He was a greater thinker who talked of things big and small. He looked at the population as a positive thing and the bottom of pyramid as an opportunity in his path breaking book The Fortune at the Bottom of the Pyramid. He advised companies to look at the poor as potential customers. His thoughts were always out-of-the-box and he had the optimism that India can become a world-class market. In 2009, he was conferred Padma Bhushan by the Govt of India.



    C.K.Prahalad completed his post-graduation from the Indian Institute of Management, Ahmedabad. He gained a Doctor of Business Administration degree from the Harvard Business School. He was working as a Distinguished University Professor at the Stephen M. Ross School of Business in the University of Michigan when he died of a previously undiagnosed lung illness in San Diego on April 16th.

    C.K.Prahalad has consistently been among the top ten management thinkers in every major survey for over ten years. He was one of the most influential thinkers on business strategy. His work on The Core Competence of the Corporation has undoubtedly been his gift to the world. He recommended companies to focus on those capabilities that give them the competitive advantage, also called core competencies.
    Talking about India, he advocated transparency and accountability, need for employment generation and growth of the private sector. He suggested that the strategy in India should be adapted according to its requirements and not imported from the west. His winning strategies have become rule book for a whole generation of students and executives.
    What was unique about Prahalad was that he was an interesting combination of an academic and a practitioner. The word ‘Guru’ denotes certain level of wisdom, achievement conferred to those who are worthy of it, unspoken and understood.

    Saturday, June 12, 2010

    FIFA fever in South Africa







    It is indeed the 8th wonder of the world, that an entire nation can be gripped by a fever so severe and so furious – that the people afflicted with it become totally oblivious to the existence of routine, mundane things, and even ignores all those things that they once loved with all their hearts. FIFA World Cup 2010 is the name of the fever – and its intensity is such that anyone and everyone, with access to a TV or even a mobile phone or newspaper, are glued on to it. Chain mails, all instructing wives and girlfriends to put up with brutish, selfish behaviour of their partners over the TV for a month are being circulated, employees in offices sneakily use their proxy server to access the Internet and check the score – and text the results to their bosses. Teenage kids have postponed all their games and other activities. A privileged few, have taken a month off, and have actually flown down to South Africa to witness the great event live.

    FIFA – stands for Federation for International Football Association was formed on 21st May, 1904 in the romantic city of Paris, when it had become evident that an international body was necessary to oversee the sport that was taking over the world. The founding members were Belgium, France, The Netherlands, France, Spain, Sweden and Switzerland. Soon, all other nations joined the bandwagon, and now, FIFA is one of the world’s largest known associations with 208 member countries. FIFA has survived through 2 world wars, when the confidence on its continued existence seemed most shaky. FIFA works on Swiss laws and its headquarters are at Zurich.

    The most unique aspect of FIFA is that unlike other tournaments, the players here represent a particular country, rather than a league. It gives a chance to amateurs to showcase their talent and establish themselves. FIFA is also extremely well known for its upsets – the most famous being France losing to Italy in the last FIFA cup, when a key French player lost his temper and head-butted an opponent on International camera. FIFA 2010 is already playing up to this tune – Spain lost miserably to Switzerland a few days ago, much to the disappointment and shock of the viewers.

    The key element here is that FIFA is one of the most celebrated sporting events in India – even when India’s own team stopped being qualified long ago. No one even seems to remember now, that an International cricket tournament by the name Asia Cup is being held, and nobody seems to care either. Is it because cricket in India has been so over marketed, that viewers are gladly jumping at any change that comes by? Or is it because unacknowledged by the Indian government and businessmen in the field of sports, there is a market for football in India too? Perhaps it’s time that they start taking football seriously.

    Politics over Bhopal Gas Tragedy and Warren Anderson




    United States of America is willing to spend billions, sacrifice many innocent lives, break international laws and dole out summary justice in the pursuit of their misguided 'war on terror'. However if you are a rich American ultimately responsible for the death of more than 20,000 poor people in far off India, you can expect a life of luxury safe from the long arm of the US law.
    Warren Anderson, Union Carbide CEO at the time of the world's worst industrial disaster in Bhopal, India, lives a life of luxury in New York State. Anderson has been hiding in the US since an explosion at his company's plant in Bhopal caused the immediate deaths of thousands of people and led to life long suffering for almost 120,000 survivors.



    On the night of the disaster, December 3, 1984, an explosion at Union Carbide's pesticide plant caused 40 tonnes of lethal gas to seep into Bhopal. Six safety measures designed to prevent a gas leak had either malfunctioned, were turned off or were otherwise inadequate. In addition, the safety siren, intended to alert the community should an incident occur at the plant, was turned off.
    As the Union Carbide boss, Anderson knew about a 1982 safety audit of the Bhopal plant, which identified 30 major hazards. Rather than fix them in Bhopal, only the company's identical plant in the US was fixed. Neglecting these hazards in Bhopal caused the deadly explosion. Anderson flew to India after the disaster but to the company's surprise, police investigating the disaster immediately arrested him. He subsequently jumped bail and was flow by private jet back to the US, never to return to India.
    While fleeing the law in India his company abandoned the polluted factory site allowing it to poison Bhopal residents for 18 years. He did not disclose the composition of the poisonous gas (the company still claims this is a trade secret), thus preventing doctors from properly treating the 120,000 people who are still sick. Company lawyers ensured survivors only got between US$300-500 compensation each, if they were 'lucky', for their ruined lives. Dow Chemical took over Union Carbide in 2001 but it claims Union Carbide has 'settled' the issue of Bhopal.
    The political battle over Bhopal Gas tragedy, Union Carbide Corporation and Warren Anderson's exit from India has been intensified again. The Congress seems to be on defensive over this issue. Because according to the media, PC Alexander, the principal secretary to Rajiv Gandhi has hinted that former PM Rajiv Gandhi and then Madhya Pradesh CM Arjun Singh discussed several issues, including the release of Warren Anderson.
    The Congress denied the allegations and asked not to drag Rajiv Gandhi into this controversy. However, it remained silent on the question how Anderson escaped from India without the help of the state government and Centre. Also Madhya Pradesh' Urban Administration and Development Minister Babulal Gaur alleged that Union Carbide had paid Rs 1.5 lakh to a NGO headed by Arjun Singh's son soon after the Bhopal Gas tragedy.
    Reports coming from the US suggested that the American government may consider the plea, if India seeks extradition of Warren Anderson. It would be interesting to see how the government reacts to the situation. Will justice be finally done?

    Thursday, June 10, 2010

    Small investment to start with


    Investment options chosen by an investor depends upon the risk taking aptitude, the kind of investment, the maturity period, the rate of return, etc. Depending on the level and type of investment, you get returns. If you are low risk taking, you might have thought that Fixed Deposit or Post Office savings are the only options for you. But you must be aware that even a small investment can give handsome returns when investment in a mutual fund, government bonds, Gold ETFs, etc which are slightly high risk-taking.
    If you are not sure if the volatility in the market will suit your needs and give you returns, start with a small investment and keep a daily check on the movement of the investment. You will soon find out that your investment is either giving you good returns or teaching you valuable lessons relating to the market.
    Remember some basics about investing. The sooner one starts investing, the better. By investing early you allow your investments more time to grow, whereby the concept of compounding increases your income, by accumulating the principal and the interest or dividend in it, year after year. Also invest regularly and for a long-term. Because over a longer period you will observe that your investments are nullifying the lows in the market and your investment grows by leaps and bounds when invested at least for 5-10 year period.





    To start with a low investment, you can invest in mutual funds where you can start investing with as low an amount as Rs.500 but achieve diversification of the stocks and also your investment gets managed by Asset Management Company (AMC). Mutual funds are considered to be safe investments and give you moderate-good returns. If you are high risk taking and understand the nuances of the market, then you can buy stocks of well-performing companies and increase your return on investment. Bank Fixed Deposits and Post office savings are of low risk and you can invest as much as you can to increase your returns. Your investment profile should comprise of a wide range of investments both low and high risk mostly with opposite correlation so that you are less affected by market volatility.
    Your returns on the small investment and added to that your expertise in the market condition will drive you to invest more in areas where you anticipate to get better returns. Hence a small investment today becomes a larger investment with much better experience tomorrow. This is how the fundamentals of market work. So once invested, it becomes your responsibility to see it grow.
    There are brokers and consultants who are guide or misguide you on investing. So, be cautious about them and form your own judgements by gaining knowledge from experts on the TV or internet. Also whether the investment is small or big, you need to carefully understand the documents related to the investment, verify their legitimacy, assess the risk-return profile of the investment, know the liquidity aspects, seek all clarifications, and explore other options available to you. All these important points help you tread the right path of investing.

    Saturday, May 29, 2010

    All you wanted to know about 3G


    If all you were hearing from the past days were about “Spectrum”, “3G auctions”, etc and wondering if someone could explain what the sciences involved are, then here we are to give you details of all you wanted to know about 3G.

    Let’s talk about what is spectrum in mobile technology. When we use our cell phones, our voices are transformed into a stream of zeroes and ones, which then travels hundreds of kilometres over radio waves and reach the person on the other end of the phone. This is referred to as the spectrum of waves. Now when 550 million Indians use the cell phone at the same time, then the radio waves jostle for space.

    What is meant by 3G? This is the Third Generation of telephony services. The first generation was sending text over air waves, like on pagers. The second generation now is about sending both voice and SMS messages over the air. To perform all those things on the mobile that can be done on a laptop using internet comprises the 3G features. To do all that, the telecom operators need more radio waves than what they already have.

    The radio waves are strictly controlled by the government. The microwaves in our kitchens, the TV programmes, military cantonments, etc use a different set of radio frequencies. Lot of spare frequency is left with radio waves dedicated for defense use being replaced with underground cable network. So, these unused radio waves would be bought by telecom operators to perform 3G operations.

    The auction of 3G mobile license ended with RCom, Bharti, and Aircel bagging 13 circles each and which leaves the government with a Rs.67,710 crore revenue windfall. The revenue mop up will help the government cut its fiscal deficit to nearly 4.9% from 5.5% of GDP projected in the budget. No single operator could bag a pan-India license. Key circles Mumbai and Delhi went to Bharti, Vodafone, and RCom.

    Just as India gets set to herald an era of 3G telecom markets, the world is bracing for the next generation 4G technology. Nearly 132 countries across the world already have 3G technologies in one form or the other.

    Should India have bypassed 3G and leapfrogged to next-gen 4G?

    4G mobile broadband services, also known as Long Term Evolution (LTE) are designed for services such as high-speed internet, multimedia services like TV broadcasting, high definition video conferencing, and even online gaming. Countries like US and Japan have started initiatives to move towards 4G technology.

    Both the technologies are focussed on ramping up internet data usage but at a different speed. LTE’s speed is more than 3 times faster than wimax’s technology along with compatibility with older phone models. Compared to 3Mbps speed offered by 3G services, LTE can offer speeds up to 10 Mbps.

    The telecom regulator TRAI has already floated the pre-consultation paper on 4G even as 3G slots are being auctioned. With the Indian markets being primarily led by voice services, the demand for premium services led by 3G could be hit until subscribers are game for higher value-added services.

    Wednesday, March 31, 2010

    Join Your Business World


    In the world of rapidly changing business cycles, you need to be aware of the happenings better than ever before. The world of internet has presented to both the seller and the buyer community to come closer to each other and understand each other well. Hence came up new businesses and newer ways of interacting with each other. The power of both the sellers and the buyers has increased due to that.
    E-tigers.net is an online B2b marketplace where products are listed from various categories so that customers can choose their brand, price, quantity, and quality of the product they want to buy from the comfort of their home. The products are presented in a way that it is customised to your requirements. All the parties – manufacturers, wholesalers, distributors, exporters and importers, and customers - get benefited from the products.  It in turn helps economies to grow and progress.
    The system in VDealX.Com updates products listed by the sellers regularly. This helps the manufacturers, wholesalers, distributors, importers, and exporters to stay competitive in their respective fields and makes online selling easy. The various features of VDealX.Com help in proper web development and maintenance, integration with operational databases, making it a dynamic website, and secure customer transactions.
    Registration:
    The association of the manufacturers, suppliers, importers, and exporters begins with a simple and FREE registration. Sellers can list their products and manage them easily. Managing products involve uploading new products, updating the existing ones, and deleting the old products.
    The simple step for registration is
    Register => Confirm registration => Create company profile => Add you products
     VDealX
    To register, go to Join VDealX


    Search:
    This search option in VDealX makes it easy for the users to search for their desired products of the companies listed on the website. If users know the company that has listed its products, the users can also view all the products by searching with the name of the company. The ‘Advanced Search’ option helps the users to search the products or companies by several other criteria like ‘Country’, ‘State’, ‘Product Category’, ‘City/Street’, etc.
    To search, go to VDealX
    Queries:
    Users can post queries, view queries, and reply to the queries posted on the website. This facilitates the interaction among sellers and buyers and helps in seamless flow of information.
    The critical success factors for Business Classifieds would be communication about its services to a wide variety of international audience; easy and secure features; and superior after-sales services. These are the factors that make an online marketplace successful or reduce it merely to a me-too business. Hence to entrench its place at the top among the various marketplaces, Your business zone would continue to ensure that its critical success factors are well taken care of.

    Indian Exporters in India