Friday, October 31, 2008

Social Venture Philanthropy: A business concept for non-profits

The concept of 'Social Venture Philanthropy' has been adopted by Smile Foundation to apply it for the development of the underprivileged. It has helped Smile to reach out to an exceptionally large number of beneficiaries, primarily children..

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Telecom boom in India

With more than eight million subscriber additions per month, India has become the fastest growing telecom market in the world overtaking China in growth rate. Clearly there is a telecom boom in India, which has been triggered due to several factors..

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Wednesday, October 29, 2008

Sensex plunges below 8,000 point

The market is bleeding and the stocks are plunging thus hurting the investors as never before. Bluechip stocks were hammered on Monday and this mayhem is not likely to stop soon. Sensex touched a new low in three years crashing below 8000 points..

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Indian patent laws do not encourage research

World looked at India with great opportunity in the world market when it shifted from process patent to product patent law in 2005. However, safeguarding the interest of its people and business could not be diluted in the light of WTO and TRIPS..

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More opportunity to buy defaulted mortgages

When an investor purchases a note, he or she is buying a mortgage directly from a bank. Here he or she is buying the loan, not the house. It is a growing business and in today’s real estate market, it represents a significant acquisition opportunity..

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Divvies introduces allergy free chocolate bars

As more and more children across the US are being affected by food allergies, Divvies, a specialty bakery in Salem NY offers new, fun-to-eat, gourmet, nut, dairy-free and gluten-free chocolate bars especially made for people with food allergies..

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Senxes plunges below 8,000 point

The market is bleeding and the stocks are plunging thus hurting the investors as never before. Bluechip stocks were hammered on Monday and this mayhem is not likely to stop soon. Sensex touched a new low in three years crashing below 8000 points..

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Sunday, October 26, 2008

Global financial crisis engulfs overseas aspirants

As a result of the global financial meltdown, young aspirants from India who applied for overseas jobs have been left by the wayside. Having left their previous companies, they ate now plunged deep into the financial crisis.

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Biomass is answer to conventional energy use

Cheap and safe biomass energy is ideal as household gasifier. Made-up of indigenous waste products, this energy, unlike solar and hydro energy is cheap, low maintenance and hassle-free. Government subsidies will give biomass a big boost..

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Friday, October 24, 2008

Tough competition from Chinese goods, poor power supply adversely affected the hosiery trade in Ludhiana. Instead of increasing last year’s Rs 4000 cr

Tough competition from Chinese goods, poor power supply adversely affected the hosiery trade in Ludhiana. Instead of increasing last year’s Rs 4000 crore turnover, industrialists fear a big market slump. The industry employs four lakh people..

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Rupee Hits Record Low-Markets Plummeting

Today (October 23), Indian rupee hit the all time low of 49.85 per USD. The Indian currency has fallen by 55 paise from its overnight close, partly because of absence of any intervention by the central bank. Asian markets are facing similar scenario..

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Wednesday, October 22, 2008

Super luxury car makers look towards India

As global brands of cars observe the current recession in the industry, these have started looking towards India. Luxury car companies like Rolls-Royce, Bentley are launching cars for Indian consumers as it can counterbalance the slump..

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Attrition rate dips in India

Even though the whole job market scenario seems bleak in the backdrop of economic downturn, it is widely accepted that those industries that are closely related to US economy are likely to feel the heat more than the others..

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Now, starting small business is just a click away

2ono.com, a professional website for entrepreneurs, helps enthusiastic and talented people to become successful entrepreneurs in race of the competitive business world. So visit 2ono.com today and start your own small business.

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Jaipur real estate

Market experts believes that downturn in stock market has soaked the liquidity from the real estate market. There may be selective buying on the particular strategically located projects but many are watching the political scenario closely.

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Capitalism and the current crisis

Capitalism and free economy is being blamed for the economic meltdown. While the blame may be in order, we must not support the voices that call for socialism or increased government control.

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Saturday, October 4, 2008

US Senate passes $700 billion bailout plan

In a major move US Senate passed the impending bailout package of $700 billion aimed to rescue the banks and financial institutions with few populist sweeteners so that it can be easily passed in the House of Representatives.

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Mutual funds vs insurers

The face-off between mutual funds and insurers cannot be attributed to either. It stems from regulatory arbitrage engendered by regulatory gap and overlap. The sooner the two realised it the better it is for all concerned. But will they?.

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Wednesday, October 1, 2008

After CEO murder, industry calls for labour reforms

The killing of Noida-based company's CEO has raised safety concerns among the industry fraternity. In a FICCI survey, the flaws have been pointed out in the existing labour laws. The concerned body has called for quick reforms in these laws.

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$700 bn rescue plan rejected by US House

World's financial market crumbled when US House rejected the biggest ever rescue plan worth $700 billion to save dying banks and financial institutions of America. The failure of passing such legislations may have repercussions in US and Europe.

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