Nothing is going in the right direction and worse is only anticipated. Read the rest of this story »

Necessity knows no law. This age old maxim is proving its worth once again and the venue, at this time, is the six-year old Bajaj family dispute which is on the verge of ending. It has come to the knowledge from the media reports that the sibling rivalry of the Bajaj family (that increased chit-chats and speculations largely) would have a good end owing to Rahul Bajaj’s decision to sell off a 29.6% stake in Bajaj Hindusthan to his brother Shishir Bajaj. This makes us conclude that Mr. Bajaj (more vernal) is going to get the full control of the sugar company. Read the rest of this story »

Do you consider 2008 as good for India? If you have this idea, I would like to differ. Not only I term this year as the worst in this decade (till now) but I fail to remember any similar year even in the erstwhile decades also. Forget the minuscule incidents and try to concentrate only on the major ones. Do you know that from January to September of 2008 we faced six incidents of major blasts? The latest strike of the terrorists in Mumbai along with the ongoing economic slump has added woes to this. Read the rest of this story »

The reputation of Bengal as a hotspot is well-known throughout India. Well, this fame (?) is not a new one and has become a part of the civic life. The state along with its capital Kolkata (Calcutta) that was known as the “second city of the British Empire after London” and the business capital of the country has been gradually turned into an emblem of decadence thanks to the militant Lefts and trade union movements. The unabated rule of the Left Front over three decades in the state has failed completely to regain the lost glory and has deteriorated the governmental infrastructure considerably. It is quite hard to believe now that the notion of “private enterprise” emerged first in this state and did spread throughout the country after that. Read the rest of this story »

What is the fundamental nature of business? It is true that the foundation of a business revolves around the notion of profit but this is not all. The successful operation of a business depends on many other factors apart from this. One of these factors happens to be persistent determination. This is not only essential but also motivates a person even at the hours of distress. Are you a student of MBA? If you are, you have surely gone through many case studies related to this. But now you can have something in your home. Read the rest of this story »

Can you find any young man who hates to have or drive a motorcycle? This is certainly an arduous task since there is hardly the presence of any such young man in India. In short, motorcycle represents the youth, speed and dynamism. Well, this is not any new concept but has been going on through decades. All these indicate that the Indian market is perfect for the motorcycle companies in this age of globalization. This is perhaps one of the greatest reasons that are attracting the branded motorcycle companies to India by leaps and bounds. The Suzuki Motor Corporation is also trying to tame the Indian market owing to this. Read the rest of this story »

The market for touchscreen mobile handsets appears to be hotting up. The latest entrant to this fast growing segment is Motorola’s MOTOMING A1600. Among other features, this handset is also GPS-enabled allowing users to find their way with the help of preloaded navigation maps and a satellite based GPS. Mobile market watchers expect that with its price tag of Rs 15,847 the A1600 might be able to swing the customer tide which is currently drawn to higher-priced handsets like Samsung’s BlackBerry Bold and Omnia and the iPhone. Read the rest of this story »

It is good news for consumer planning to buy a Nokia mobile phone. Nokia has slashed the handset prices to compete with their rivals and also seen as a bid to create panic among its competitors. Read the rest of this story »

Global crude oil prices cooling down with surging Asian stock markets helped Indian rupee recover by 6 paisa, Monday.  Read the rest of this story »

To curb inflation RBI (Reserve Bank of India) have increased the CRR (Cash Reserve ratio) by 0.5%, this is directly going to effect the home loan users as banks may increase the interest rates by 0.25 to 0.50%. Read the rest of this story »