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		<title>130 Indian B-schools on the verge of cluser</title>
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		<pubDate>Thu, 22 Mar 2012 12:30:41 +0000</pubDate>
		<dc:creator>Ziaulla Namani</dc:creator>
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		<description><![CDATA[The business of running business schools isn’t easy. Around 130 management institutes or 4% of all B-schools in India are expected to close shop this year, twice as many as last year, thanks to faculty shortage, lack of students, substandard curriculum and poor infrastructure
.
Topping the list of states whose business schools have applied to wind [...]<p>&copy;2009 Copyright by <strong><a href="http://investmoneyinindia.com" title="Invest In India"><strong>Invest In India</strong></a></p>
]]></description>
			<content:encoded><![CDATA[<p>The business of running business schools isn’t easy. Around 130 management institutes or 4% of all B-schools in India are expected to close shop this year, twice as many as last year, thanks to faculty shortage, lack of students, substandard curriculum and poor infrastructure</p>
<p>.</p>
<p>Topping the list of states whose business schools have applied to wind up is Andhra Pradesh with 36 such institutes, followed by Rajasthan with 25 and Uttar Pradesh with 18. Total seat capacity of all these institutes is almost 10,000. Recently, the Mumbai Business School wound up after three years of operation due to lack of students. It provided a one-year full-time programme in management, similar to the one offered by the Hyderabad-based Indian School of Business.</p>
<p>&nbsp;</p>
<p>“Closure of management institutes is more common than engineering institutes because of relatively lower investments and the present soft market for management education. All these institutes will continue to operate for their existing batches but fresh admissions have been stopped,” said a senior official from the human resource development ministry.</p>
<p>&nbsp;</p>
<p>Last year, 40 B-schools requested closure according to the All-India India Council for Technical Education (AICTE), which prescribes norms for faculty and approval for establishment of new institutes.</p>
<p>&nbsp;</p>
<p>Experts said many B-schools were unable to fill all seats while some were unable to meet the criteria of AICTE and therefore had to shut shop. “Most of these institutes are in rural areas, without any relation with the industry and have poor admissions. There are no jobs in such remote areas and hence, they lose out on students,” said AICTE chairman SS Mantha.</p>
<p>&nbsp;</p>
<p>India has nearly 4,000 B-schools with a capacity of 3.5 lakh seats. Every year, around 60-70 institutes get added to the list. The council is still processing the applications of institutes and closure can happen once the respective state government and affiliating university gives its no-objection certificate.</p>
<p>&nbsp;</p>
<p>Source – Financial Express; Courtesy &#8211; Kirtika Suneja<br />
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		<title>How To Select A Photography Course Online Or In Classroom?</title>
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		<pubDate>Sat, 10 Mar 2012 10:58:18 +0000</pubDate>
		<dc:creator>Malvika</dc:creator>
				<category><![CDATA[business]]></category>
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		<description><![CDATA[Photography is one of those professions that require specific skills and acumen, and this is something that should be understood before you join a professional photography course. In other words, for taking a professional course, you must be able to relate to this subject and feel passionate about pursuing photography as a successful career option. [...]<p>&copy;2009 Copyright by <strong><a href="http://investmoneyinindia.com" title="Invest In India"><strong>Invest In India</strong></a></p>
]]></description>
			<content:encoded><![CDATA[<p>Photography is one of those professions that require specific skills and acumen, and this is something that should be understood before you join a professional photography course. In other words, for taking a professional course, you must be able to relate to this subject and feel passionate about pursuing photography as a successful career option. After all there is nothing better than working with something that you love although it is not easy to transform your passion into reality. For instance, photography is a demanding profession that may require working for long and erratic hours. However, when it comes to pursuing a passion, you should try to overlook these factors and pay attention to the nuances of this profession. In fact, for a successful photographer nothing succeeds like success.</p>
<p>&nbsp;</p>
<p><strong>Classroom courses of digital photography</strong></p>
<p>If you are genuinely passionate about <a href="http://www.jftphoto.com/OnLinePhotographyDegree.html"><strong>photography courses on DVD</strong></a>, you should be familiar with the technical aspects of digital photography before taking the plunge. The best thing about joining a classroom session is that it will allow you to have a better grasp on the subject, and enjoy the best amalgamation of practical and theoretical aspects. However, the following parameters should be kept in mind before choosing a classroom session of photography:</p>
<ul>
<li>The classroom course should teach the students about how to change or adjust the background settings according to the effect that is desired at the end.</li>
<li>The students should get support after the class hours while dealing with practical aspects of digital photography.</li>
<li>A good classroom session should have equal focus on theoretical and practical aspects of digital photography.</li>
<li>The students should get better opportunities to interact with their instructors in a classroom course of digital photography.</li>
<li>For beginners, there should be separate classes that should allow them to become comfortable with the camera and several other equipments that are used for shooting.</li>
<li>A classroom course should emphasize on constant practice with the camera whether it us for beginners or advanced level courses for newcomers.</li>
<li>Although, classroom sessions allow the students to become more familiar with photography itself, the students should use their own competency to capture events or images for showing them to the instructors.</li>
</ul>
<p>&nbsp;</p>
<p>A digital photography class should ideally cover the entire aspects of this field, and allow the students to feel comfortable and confident before beginning with their first professional stint as a digital photographer.</p>
<p>&nbsp;</p>
<p><strong>Online Photography Classes: What should you know about them?</strong></p>
<p>Professional photographers should have a creative bent of mind and an eye for detail. Photography classes are also considered by people from other professions simply because they are inspired to learn the tricks and techniques of this subject. On a closer approach, you will notice that there are far more people who are in love with photography, but they belong to some other profession.  However, this does not imply that full-time photographers are less sincere rather it will redefine your idea about photography and the urge to learn this subject. Acquiring an <strong><a href="http://www.jftphoto.com/OnLinePhotographyDegree.html">Online photography degree</a> </strong>has become a popular alternative as it allows some people to juggle their profession. On the other hand, the full-time aspirants of photography can also access these classes with equal interest. Let us explore some of the reasons for joining <a href="http://www.jftphoto.com/OnLinePhotographyDegree.html"><strong>photography schools online</strong></a>:</p>
<ul>
<li><a href="http://www.jftphoto.com/OnLinePhotographyDegree.html"><strong>Online photography schools</strong> </a>seem convenient because the students are allowed to learn at their own pace.</li>
<li>Photography is an amazing art, and the students would love to experience the artistic approach to this subject from the comfort and convenience of their <a href="http://everythingfinanceblog.com/offers/capwest" class="kblinker" title="More about home &raquo;">homes</a>.</li>
<li>There are many people who wish to join photography courses, but they are unable to find time to join classroom courses due to familial pressures or any other personal crisis.</li>
<li>The photographs that you will be taking throughout the learning phase can be stored in your computer, and you can analyze them to gain valuable insight about photography or digital photography as the case may be.</li>
<li>Web books on digital photography are constantly updated, and allow the students to learn the more advanced techniques of digital photography as they are reinvented.</li>
<li>An online photography degree can now be obtained online, which offers the best groundwork on which an individual can build his/her career.</li>
<li>The unique aspect about online photography is that it will allow you to access the best course in digital photography from any location across the globe.</li>
</ul>
<p>Due to prevalence of online photography classes, the classroom sessions of photography have taken a beating to a certain extent as students have realized the benefits of online courses. The conventional thinkers may stress on the authenticity of classroom sessions of photography, but an online student has access to same benefits as compared to his classroom counterpart. Moreover, due to the popularity of photography courses, online courses are far more competitive and offer variance to those who are eager to learn the tenets of photography. The advanced level courses of digital photography can be pursued online at time according to the convenience of the learner.</p>
<p>&nbsp;</p>
<p><strong>Wedding Photography: Secret of success</strong></p>
<p>Wedding is an occasion of sharing happiness and enjoying the colors of a new life. The memoirs of wedding are usually kept in the photographs that are taken during the course of all the occasions. For instance, Indian weddings are usually held for four days, and a grand occasion for major celebrations. In fact, the Indian style wedding provides an opportunity to the photographers to exhibit their style and expertise in the most effective manner. After all, when it comes to <a href="http://http://www.jftphoto.com/HowToBeAWeddingPhotographer.html"><strong>wedding photography</strong></a>, there is no other occasion that allows so much variance to the photographers.</p>
<p>Most photographers insist on a photo shoot before the occasion in order to ensure that there is less trouble on the day of the occasion. A good course of digital photography helps the aspiring photographers to understand the ways in which a wedding occasion should be planned, and the settings to be adjusted in order to get the most exotic pictures. A photographer who is responsible for taking the photographs for the wedding occasion should know the resources that should be carried or the best poses in which the photos are to be taken. Taking photos in a crowded occasion is one of the most challenging tasks of the photographer.  A proper training also helps the photographers to ask for the right price for covering an entire wedding occasion because taking photographs of the bridegroom involves lots of skills and competencies that can be achieved with a proper training course in photography.</p>
<p>If you wish to start your career as a wedding photographer, you can join an online course in digital photography to master your skills. Photography courses are offered in various levels, and they are to be chosen according to an individual’s preferences.</p>
<p>&nbsp;</p>
<p><strong>Stock Photography: Exploring new avenues</strong></p>
<p>Photography has undergone a sea change, which is particularly visible among professional photographers. The photographers are now offered with myriad options to showcase their talents. <a href="http://www.jftphoto.com/OnLinePhotographyDegree.html"><strong>Stock photography</strong></a> is one such area that requires tremendous professionalism. This is an area where an online photographer sells his/her photos through an online database. However, the photographs required in this case must be shot by professional photographers and they are sold to agencies that deal with stock photography. Often these photographs are purchased for a wide range of purposes starting from media projects or advertisement agencies or other organizations. The work profile of the photographer goes a long way in determining the prices that are usually offered for these cases. Lets us consolidate the following on stock photography and choosing a course of photography:</p>
<ul>
<li>The popularity of the courses in digital photography can be well understood considering the variations that are associated with this job.</li>
<li>Photography is an ever-changing profession where you should remain up-to-date in order to make a mark.</li>
<li>While the debate will continue over the benefits of online and classroom courses in photography, the students should make their choices according to their convenience. An online photography school will offer you with courses in various levels.</li>
<li>Stock photography is one of the finest aspects of this profession that involves tremendous competition. Unless you are able to deliver the best, your photograph will be camouflaged by your competitors.</li>
<li> The students should make the most of the photography courses and refine their skills before moving ahead with professional work.</li>
</ul>
<p>&nbsp;</p>
<p><strong> Why should you choose a professional career in photography?</strong></p>
<p>When it comes to choosing a career, the focus should be on your passion, or something that you like deeply. The same holds true for choosing a profession like photography that offers tremendous options to individuals. However, it is also one of those professions that require you to think in a different manner. The courses in photography teach the students to attain a level of creativity where they are allowed to play with the camera without keeping in mind the technicalities that are associated with this profession. On the whole, there are certain parameters based on which you can choose photography as your career option. Let us consolidate those points here:</p>
<ul>
<li>The first thing is to discover your desires before choosing a career in photography. While choosing this branch, you will have to make way in order to formulate your career. On the other hand, professional guidance is very important for attaining knowledge about this profession.</li>
<li>Whether it is an <a href="http://www.jftphoto.com/OnLinePhotographyDegree.html"><strong>online photography school</strong> </a>or a classroom in your city, the students should know the tools and resources of photography.</li>
<li>There are several courses that are available for becoming a professional photographer and degrees are being awarded for the same. Unlike the conventional school of thought, online courses in photographs are considered equally competent with that of classroom sessions.</li>
<li>If you are not too sure if you are happy about choosing photography as your career, this is definitely not your choice. In other words, if you are unable to match your creativity with the photographs that you will be taking, you must not choose this as your career.  After all, choosing a career in photography is also associated with intense passion.</li>
<li>Even before choosing a photography course, you must discover your flair for taking photographs.</li>
<li>With the advent of digital photography, the photographers can now access several online tools and techniques unlike the previous days.</li>
</ul>
<p>&nbsp;</p>
<p><strong>Photography Courses </strong></p>
<p>If you are an aspiring photographer, and looking for opportunities to join a professional photography course, you should also check the following details before enrolling yourself for this course:</p>
<ul>
<li>Once you have decided to pursue a career in photography, you must decide what course will suit you most. For instance, if you are a professional engaged in a different occupation, you must choose an online course that is suitable for you.</li>
<li>Classroom courses are more suitable for people who are beginning with a career in photography. A <a href="http://www.jftphoto.com/OnLinePhotographyDegree.html"><strong>digital photography class</strong></a> should cover every aspect of photography for the students who have joined the course.</li>
<li>The course that you have chosen should have professional certification and also provide job assistance to the students.</li>
<li>An <a href="http://www.jftphoto.com/OnLinePhotographyDegree.html"><strong>online photography class</strong></a> can be quite intriguing for learning new concepts from the ease and comfort of your home.</li>
<li>An <a href="http://www.jftphoto.com/OnLinePhotographyDegree.html"><strong>online photographer</strong></a> shares lots of news and information about photography in general, and various tips and tricks for learning how to shoot the perfect picture. The beginners or learners can get valuable insight from online resources regarding photography.</li>
<li>It is necessary to stay updated with all the news and views on photography that are presented in magazines and television channels.</li>
</ul>
<p>The popularity of wildlife photographers have also enhanced the number of students who have enrolled for <a href="http://www.jftphoto.com/OnLinePhotographyDegree.html"><strong>photography schools online</strong></a> although it is necessary to check the contents of the course for which they have enrolled. However, attaining mastery over wildlife photography takes longer than one can imagine. The photographers should try to refine their skills by practicing regularly as it required lots of courage to get onto the deepest parts of a jungle with a camera where you will constantly have to face dangers. In fact wildlife photography is one of the most adventurous aspects of this profession that opens new avenues for the students who have just started learning this job.</p>
<p>On the other hand, stock photographs are storming the world of advertisement and media. An amateur photographer should rejoice at this idea because it is quite flourishing to pursue a career of a stock photographer. With the advent of e books and journals, or a website, there are lots of opportunities for using stock photographs. These photographs are transacted through internet, and you will get a better idea while pursuing the online course in photography.</p>
<p>Photography is a very demanding profession on the whole although digital photography has brought in lots of convenience for the photographer of the present times. Most of the times, the photographers have to work under sever deadlines, and this is one of the most significant aspects that aspiring photographers should learn before choosing this profession or learning it from an online school of photography.</p>
<p>Besides, the specialized branches, photographers are presented with immense opportunities in the film world. The modern films are based on special effects, and cast a magical spell on the audience. If you are interested to pursue a course in photography, you will have another option of working with the celebrities in films where the skills of photographers make lots of differences between the actual appearance of a person and the one that is viewed by the audience. In fact, there is so much to do as a photographer that you will hardly have time for anything else if you choose this profession.</p>
<p>When it comes to making a choice between online photography schools or usual classroom sessions, the choice lies on the student for he/she is the best judge in this case. However, as a quick tip, it should be mentioned that online courses are far more effective for those who are familiar with the structure of online courses. If you are not too familiar with the tenets of an online course, you should not think about online classes. The classroom sessions are best for those who have just begun learning about photography.</p>
<p>The instructors of classroom sessions should be patient with the students as far as holding the camera is concerned. The students should also learn to adjust the background and the camera settings with respect to the light. The adjustment of light is one of the major areas of focus while learning photography. It is difficult to suggest which course should be taken or which is better as each student has his/her own preference. As a conclusive note it can be mentioned that the students have to choose a course in digital photography, but they should explore all the avenues thoroughly before arriving at a conclusion.<br />
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		<title>Indian co have invested more than USD 26 billion in the US</title>
		<link>http://investmoneyinindia.com/3902/indian-co-have-invested-more-than-usd-26-billion-in-the-us</link>
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		<pubDate>Sun, 19 Feb 2012 14:20:34 +0000</pubDate>
		<dc:creator>Ziaulla Namani</dc:creator>
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		<description><![CDATA[Indian business in the last 5 years have invested more than USD 26 billion in the US New Delhi&#8217;s top diplomat in Washington has said. He also maintained that Indian IT companies employed more than one lakh people in that country,
&#8220;Indian companies are now contributing strongly to local State economies in the US with a [...]<p>&copy;2009 Copyright by <strong><a href="http://investmoneyinindia.com" title="Invest In India"><strong>Invest In India</strong></a></p>
]]></description>
			<content:encoded><![CDATA[<p>Indian business in the last 5 years have invested more than USD 26 billion in the US New Delhi&#8217;s top diplomat in Washington has said. He also maintained that Indian IT companies employed more than one lakh people in that country,</p>
<p>&#8220;Indian companies are now contributing strongly to local State economies in the US with a presence in 43 states and having invested over USD 26 billion in the last five years in several key areas of the economy, in manufacturing as also in services,&#8221; the Indian Ambassador to the US, Nirupama Rao, said yesterday.</p>
<p>India&#8217;s IT industry has in particular been a strong player in establishing value based mutually beneficial partnerships, Rao said in her address to Harvard&#8217;s Kennedy School of Government, India-South Asia Programme.</p>
<p>&#8220;As per our estimates, Indian IT companies employ over 100,000 people in the US and the Indian IT industry supports over 280,000 jobs indirectly out of which about 200,000 are with US residents,&#8221; she said.</p>
<p>Rao said the steady growth of the Indian economy has not only helped improve the living standards of own people, but has also opened up new opportunities to expand mutually beneficial economic and commercial ties with the US.</p>
<p>&#8220;Two-way trade in goods and services continues to grow steadily reaching over USD 100 billion last year. The US businesses are becoming strong partners in India&#8217;s economic growth story; and Indian businesses are creating value, wealth and jobs in the United States,&#8221; she said.</p>
<p>Source &#8211; Agencies<br />
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		<title>Green job hiring to be up by 60% in 2012</title>
		<link>http://investmoneyinindia.com/3785/green-job-hiring-to-be-up-by-60-in-2012</link>
		<comments>http://investmoneyinindia.com/3785/green-job-hiring-to-be-up-by-60-in-2012#comments</comments>
		<pubDate>Fri, 20 Jan 2012 14:18:29 +0000</pubDate>
		<dc:creator>Ziaulla Namani</dc:creator>
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		<description><![CDATA[With &#8216;global warming&#8217; becoming a major concern world over, hiring of green professionals is likely to grow by up to 60 per cent this year, say experts.
&#8220;Companies are today taking steps to become environment-friendly and are hiring green professionals, who can help them reduce energy consumption.
Elixir Consulting Executive Director Kanika Vaswani said, &#8220;The demand for [...]<p>&copy;2009 Copyright by <strong><a href="http://investmoneyinindia.com" title="Invest In India"><strong>Invest In India</strong></a></p>
]]></description>
			<content:encoded><![CDATA[<p>With &#8216;global warming&#8217; becoming a major concern world over, hiring of green professionals is likely to grow by up to 60 per cent this year, say experts.</p>
<p>&#8220;Companies are today taking steps to become environment-friendly and are hiring green professionals, who can help them reduce energy consumption.</p>
<p>Elixir Consulting Executive Director Kanika Vaswani said, &#8220;The demand for environmental professionals is expected to go up by 55-60 per cent this year, as firms are raising their spending on creating clean technology, reducing emissions and wastage and regulating use of natural resources.&#8221; Green job is mainly defined as work in agricultural, manufacturing, research and development, administrative and service activities that contribute substantially to preserving or restoring environmental quality, she said.</p>
<p>An environmental professional reviews the direct and indirect impact of products on the ecology and devise strategies to protect the atmosphere, she added.</p>
<p>Green jobs can either be white or blue-collar in sectors like agriculture, manufacturing, R&amp;D, administration and service activities like IT and finance.</p>
<p>With growing demand for green buildings, the real estate sector is likely to emerge as one of the biggest recruiters of green professionals, she said.</p>
<p>Elixir has observed a trend of hiring environment professionals in the FMCG and retail sector as well.</p>
<p>Echoing the view, executive search firm GlobalHunt Director Sunil Goel said the hiring of green professionals began a decade ago, but paced up 5-6 years back, when many industries faced mandatory regulations to have environment experts and green department to manage waste and hazard.  In 2012, he said, hiring will increase by 30-40 per cent for green professionals and this growth is likely to remain consistent for next five years.</p>
<p>Executive search firm Symbiosis Management Consultants CEO Vinay Grover opined that usually these professionals hold masters degree (M.Sc, M.Tech) in Environmental Engineering by IIT&#8217;s, state owned universities and other couple of AICTE approved colleges as well.</p>
<p>People with Civil and Chemical Engineering background also become environment professionals, he said.</p>
<p>The power, oil and gas, chemical sectors, he said, are the traditional employers for the environmental professionals, however, with the growing concern towards the ecology, the trend is also visible in FMCG and IT.</p>
<p>&#8220;In India, there aren&#8217;t many green professionals available in the market and seeing it as coveted career, more and more people are likely to pursue it as a career option,&#8221; he said.<br />
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		<title>Indian Inc optimistic about growth</title>
		<link>http://investmoneyinindia.com/3769/indian-inc-optimistic-about-growth</link>
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		<pubDate>Wed, 18 Jan 2012 14:40:30 +0000</pubDate>
		<dc:creator>Ziaulla Namani</dc:creator>
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		<description><![CDATA[The business outlook of Indian entrepreneurs for 2012 is resilient despite economic turmoil the world-over, with &#8220;unreserved optimism&#8221; for the growth prospects of the Indian economy this year, says a survey by global consulting major Grant Thornton.
&#8220;Amidst widespread gloom, India appears to be the sole provider of cheer, where the outlook on human resources is [...]<p>&copy;2009 Copyright by <strong><a href="http://investmoneyinindia.com" title="Invest In India"><strong>Invest In India</strong></a></p>
]]></description>
			<content:encoded><![CDATA[<p>The business outlook of Indian entrepreneurs for 2012 is resilient despite economic turmoil the world-over, with &#8220;unreserved optimism&#8221; for the growth prospects of the Indian economy this year, says a survey by global consulting major Grant Thornton.</p>
<p>&#8220;Amidst widespread gloom, India appears to be the sole provider of cheer, where the outlook on human resources is concerned, as all six cities that was covered under our survey showed almost unreserved optimism for the growth prospects of the Indian economy in 2012,&#8221; the Grant Thornton report said.</p>
<p>In the year 2011, India retained its position as one of the fastest growing economies of the world and even though the growth was toned down by the global slowdown, the scenario continues to be bright in comparison to the global outlook.</p>
<p>Barring Kolkata, where 31 per cent of the respondents expressed pessimism, cities such as Bangalore, Pune, Delhi, and Chennai remain optimistic about the Indian economy.</p>
<p>India&#8217;s financial capital, Mumbai, was the most optimistic, with 95 per cent of the respondents expecting a positive economic environment over the next 12 months, the report, titled, &#8216;India Ahead: A Quarterly Snapshot of India&#8217;s Economic and Business Outlook&#8217;, said.</p>
<p>However, Indian businesses are struggling with a shortage of right people with the right skills and needs a thorough overhaul of its education and training system, Grant Thornton Partner Vinamra Shastri said.</p>
<p>&#8220;The extent to which India can derive economic gains by increasing its workforce will be only be constrained by the lack of integration between education and skilling. India still lags far behind the developed economies and many other emerging economies in terms of education and training,&#8221; the report said.</p>
<p>As per the survey results, Mumbai and Chennai had the highest availability, while Kolkata seemed to display the most acute shortage of a skilled workforce.</p>
<p>This report by Grant Thornton India draws on survey results from Grant Thornton&#8217;s International Business Report, which is an international survey of the opinions of medium to large privately held businesses</p>
<p>Source – Financial Express<br />
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		<title>War in Indian small car market</title>
		<link>http://investmoneyinindia.com/3505/war-in-indian-small-car-market</link>
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		<pubDate>Mon, 26 Sep 2011 13:07:45 +0000</pubDate>
		<dc:creator>Malvika</dc:creator>
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		<description><![CDATA[At least seven auto makers will launch small cars in the Rs 2-4 lakh price band over the next few months.
While Japan’s Honda will launch the Brio on Tuesday, Korean giant Hyundai is expected to unveil its Eon during the Diwali week.
Maruti Suzuki India — the country’s top car maker — also plans to launch [...]<p>&copy;2009 Copyright by <strong><a href="http://investmoneyinindia.com" title="Invest In India"><strong>Invest In India</strong></a></p>
]]></description>
			<content:encoded><![CDATA[<p>At least seven auto makers will launch small cars in the Rs 2-4 lakh price band over the next few months.</p>
<p>While Japan’s Honda will launch the Brio on Tuesday, Korean giant Hyundai is expected to unveil its Eon during the Diwali week.</p>
<p>Maruti Suzuki India — the country’s top car maker — also plans to launch a car built on the Alto platform in 2012.</p>
<p>Other auto giants, including Renault, Skoda, Volkswagen and Fiat India, are gearing up to unveil small cars next year.</p>
<p>Such cars constitute more than 70 per cent of around 2.5-million cars sold in the country.</p>
<p>According to analysts, there will be a strong demand for entry-level models as more customers graduate from motorcycles.</p>
<p>“This segment will be particularly important as manufacturers focus on rural/semi-urban markets where the buying power will be lower than the urban locations,” Kumar Kandaswami said.</p>
<p>Even in the metros and big cities, the demand for small cars is expected to come from first-time buyers such as young professionals feeling the pressure of rising <a href="http://everythingfinanceblog.com/offers/capwest" class="kblinker" title="More about loan &raquo;">loan</a> <a href="mortgage" class="kblinker" title="More about rate &raquo;">rates</a> and high fuel prices.</p>
<p>Industry players said Hyundai was planning to price its Eon lower than Rs 3 lakh, while Maruti’s replacement of the 800, named Cervo, could come for Rs 2.5 lakh.</p>
<p>French car maker Renault is gearing up to compete in the mass market with its new car based on the same V-platform that underpins the Nissan Micra and Sunny.</p>
<p>“We will launch our small car in India by next January,” said Len Curran, sales and marketing vice-president at Renault India. The car is expected to be priced at around Rs 3 lakh.</p>
<p>Germany’s Volkswagen is evaluating the possibility to bring in its brand the Up!</p>
<p>&nbsp;</p>
<p>Source – The Telegraph<br />
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		<title>Reliance to invest $ 30 billion</title>
		<link>http://investmoneyinindia.com/2763/reliance-to-invest-30-billion</link>
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		<pubDate>Fri, 18 Feb 2011 04:23:45 +0000</pubDate>
		<dc:creator>Malvika</dc:creator>
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		<description><![CDATA[

As per the report by the news agencies, it is learnt that the Billionaire Mukesh Ambani’s led Energy major, Reliance Industries India is abou to go for the major investments in India over 5 years period, The investment amounts to USD 30 billion.

Reliance will invest  mainly in petrochemicals, exploration and production and telecom businesses.
Reliance industry [...]<p>&copy;2009 Copyright by <strong><a href="http://investmoneyinindia.com" title="Invest In India"><strong>Invest In India</strong></a></p>
]]></description>
			<content:encoded><![CDATA[<div>
<div>
<div>As per the report by the news agencies, it is learnt that the Billionaire Mukesh Ambani’s led Energy major, Reliance Industries India is abou to go for the major investments in India over 5 years period, The investment amounts to USD 30 billion.</div>
<div>
Reliance will invest  mainly in petrochemicals, exploration and production and telecom businesses.<br />
Reliance industry disclose its investment plans last week in a conference organized by Bank of America Merrill Lynch.</div>
<div>
The company expects its five main business in the next 5-10 years to be petrochemicals, refining, E&amp;P, retail and telecom.</div>
<div>
RIL would invest USD 10-12 billion in petrochemicals, while spending another USD 10 billion on exploration and development of (oil and gas) discoveries already made in shale gas in India and US.<br />
Besides, RIL would invest USD 4.5-4.7 billion (over Rs 20,000 crore) in telecom over the next five years, Bank of America-Merrill Lynch (BofA-ML) said in a research note about its investor conference.</div>
<div>
RIL has already spent USD 2.8 billion on acquiring 4G licenses and spectrum, which it got last year through acquisition of Infotel Broadband Services.</div>
<div>
Aslo Reliance has indicated a surge in its EBTDA (earnings before <a href="http://everythingfinanceblog.com/offers/capwest" class="kblinker" title="More about interest &raquo;">interest</a>, taxes, depreciation, and amortisation) to USD 15 billion by FY15.<br />
Last month, RIL reported a 28.14 per cent rise in its third-quarter net profit at Rs 5,136 crore, helped by robust performance in its refining and petrochemicals businesses.</div>
<div>
On the achievement, Reliance chief, Mukesh Ambani had said: &#8220;Reliance had another record quarter as both refining and petrochemical margins continued to improve and certain products recorded historic levels.&#8221;</div>
<div>
&#8220;Robust demand growth in home markets and highly competitive assets enabled Reliance to have industry leading operating <a href="mortgage" class="kblinker" title="More about rate &raquo;">rates</a> and margins,&#8221; he added</div>
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		<title>CEOs confident of growth: PwC</title>
		<link>http://investmoneyinindia.com/2691/ceos-confident-of-growth-pwc</link>
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		<pubDate>Thu, 27 Jan 2011 04:14:39 +0000</pubDate>
		<dc:creator>Malvika</dc:creator>
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		<description><![CDATA[It is reported in PTI that the business tycoons are confident of witnessing growth at pre-financial crisis levels in 2011, driven by the potential in emerging economies like India.
As per consultancy firm PricewaterhouseCoopers&#8217;s 14th Annual Global CEO survey, out of 1,201 CEOs, 48 per cent said they are confident of growth in the next 12 [...]<p>&copy;2009 Copyright by <strong><a href="http://investmoneyinindia.com" title="Invest In India"><strong>Invest In India</strong></a></p>
]]></description>
			<content:encoded><![CDATA[<p>It is reported in PTI that the business tycoons are confident of witnessing growth at pre-financial crisis levels in 2011, driven by the potential in emerging economies like India.</p>
<p>As per consultancy firm PricewaterhouseCoopers&#8217;s 14th Annual Global CEO survey, out of 1,201 CEOs, 48 per cent said they are confident of growth in the next 12 months. In contrast, only 31 per cent of the CEOs expected to see growth in the previous survey.</p>
<p>&#8220;The post-recession global economy is recovering on two- tiers. Emerging economies like China, India and Brazil are growing at rates that far surpass the developed nations,&#8221; PwC International Chairman Dennis M Nally said.</p>
<p>The CEOs consider China as the most important country for future growth, followed by the US, Brazil and India, as per the PwC survey.</p>
<p>India, China and the US were also seen as important future sources for products and raw materials, it said.</p>
<p>Regionally, most CEOs said they expect their operations in Asia to see the most expansion in the next 12 months, followed by Latin America, Africa, the Middle East and Eastern Europe.</p>
<p>&#8220;It is indeed exciting to note that in the post-crisis scenario, global CEOs are looking at emerging economies like India and China as important contributors in their growth,&#8221; PwC India Chairman Deepak Kapoor said.</p>
<p>&#8220;The pace at which these economies have been growing even during the crisis period, owing to strong domestic demand, is phenomenal and it is this resilience that will hold us in good stead in the long term,&#8221; he added.</p>
<p>However, uncertain or volatile economic growth, individual governments&#8217; response to fiscal deficit and over- regulation, besides problems like exchange rate volatility, unstable capital markets and protectionism, have been cited as potential threats to growth, it said.<br />
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		<title>Indian corporate to investment to the tune of 15 lakh crore in Gujarat</title>
		<link>http://investmoneyinindia.com/2649/indian-corporate-to-investment-to-the-tune-of-15-lakh-crore-in-gujarat</link>
		<comments>http://investmoneyinindia.com/2649/indian-corporate-to-investment-to-the-tune-of-15-lakh-crore-in-gujarat#comments</comments>
		<pubDate>Thu, 13 Jan 2011 13:01:16 +0000</pubDate>
		<dc:creator>Malvika</dc:creator>
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		<description><![CDATA[In a summit in Gujarat called ‘Vibrant Gujarat’, various business
tycoons made a commitment of investing Rs. 15 lakh crore over years in
Gujarat on the first day of the summit.
These figures easily makes Gujarat, India’s pristine position as a
corporate destination.
In the summit, Vibrant Gujarat, the state government said it signed a
total of 2,766 commercial MoUs with [...]<p>&copy;2009 Copyright by <strong><a href="http://investmoneyinindia.com" title="Invest In India"><strong>Invest In India</strong></a></p>
]]></description>
			<content:encoded><![CDATA[<p>In a summit in Gujarat called ‘Vibrant Gujarat’, various business<br />
tycoons made a commitment of investing Rs. 15 lakh crore over years in<br />
Gujarat on the first day of the summit.<br />
These figures easily makes Gujarat, India’s pristine position as a<br />
corporate destination.<br />
In the summit, Vibrant Gujarat, the state government said it signed a<br />
total of 2,766 commercial MoUs with business <a href="http://everythingfinanceblog.com/offers/capwest" class="kblinker" title="More about house &raquo;">houses</a> and companies on<br />
Wednesday.</p>
<p>The sectors which attracted major investments are infrastructure,<br />
power, special investment regions, mineral-based industries, banks and<br />
financial.<br />
The special investment regions will see an investment of Rs. 1,22,742<br />
crore, while the mineral-based industries segment had Rs. 1,34,645<br />
crore.</p>
<p>Banks and financial institutions will see investment of up to Rs.<br />
1,72,400 crore coming in, while that of oil and gas is at Rs. 40,679<br />
crore.</p>
<p>Gujarat based Adanui group announced an investment of  Rs. 80,000<br />
crore in port, power generation and infrastructure, followed by Anil<br />
Ambani-led Reliance Group&#8217;s Rs. 50,000 crore plans in the state in the<br />
next 5-7 years on various projects in power and cement.</p>
<p>Essar Group said it will invest Rs. 30,000 crore in Gujarat for<br />
projects in various sectors, including power and refinery.</p>
<p>Engineering and construction giant Larsen &amp; Toubro also committed an<br />
investment of Rs. 15,000 crore in Gujarat on infrastructure projects.<br />
Hindustan Construction Company (HCC) also said it will invest Rs.<br />
12,000 crore to develop a renewable energy park in the state.</p>
<p>Farm equipment-to-software group Mahindra &amp; Mahindra also signed six<br />
MoUs with the state government to invest Rs. 3,000 crore to step up<br />
presence in the hospitality and real estate sectors in the state.</p>
<p>General Motors committed of Rs. 450 crore to enhance production<br />
capacity at its Halol plant to 1,05,000 units annually from 85,000<br />
units per year at present.<br />
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		<title>E&amp;Y survey says Indian businesses will see intense competition in the next future</title>
		<link>http://investmoneyinindia.com/2613/ey-survey-says-indian-businesses-will-see-intense-competition-in-the-next-future</link>
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		<pubDate>Thu, 30 Dec 2010 05:05:06 +0000</pubDate>
		<dc:creator>Malvika</dc:creator>
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		<description><![CDATA[It is reported in Economic Times that, according to report released by Ernst &#38; Young, despite of global economic recovery market will see more challenging environment. The market will be more competitive over the next two years.
56 high profile Indians from the business world feels that the market will be more competitive.
The study, titled Competing [...]<p>&copy;2009 Copyright by <strong><a href="http://investmoneyinindia.com" title="Invest In India"><strong>Invest In India</strong></a></p>
]]></description>
			<content:encoded><![CDATA[<p>It is reported in Economic Times that, according to report released by Ernst &amp; Young, despite of global economic recovery market will see more challenging environment. The market will be more competitive over the next two years.</p>
<p>56 high profile Indians from the business world feels that the market will be more competitive.<br />
The study, titled Competing for Growth, also includes 56 senior executives from India. Ninety-five percent of the Indian respondents state that their market will be more competitive over the next two years.</p>
<p>The report titled ‘Competing for Growth’ says that the next two years will focus more on growth. The report gives the feel that the market will be more unpredictable than before the crisis.</p>
<p>Chances are that in Asia, Indian market will be volatile by around 69%.<br />
Emerging markets expect competitiveness to increase the most, as companies from developed markets enter and local players intensify their focus. Half of the Indian respondents cite existing players from emerging markets and 38% cite new players from developed markets as most prominent factors driving increased market competitiveness over the past two years.</p>
<p>“With over 8.5% GDP growth, India continues to offer enormous potential, it is equally getting more competitive, particularly on key aspects like building market share, accessing talent and other input costs. In order to remain competitive, businesses are increasingly considering options like more effective use of alliances/partnerships and transformation initiatives to make them more agile in responding to change; focusing on building the brand and reputation and driving service/product innovation,” said Farokh Balsara, partner and national leader – markets, Ernst &amp; Young India.<br />
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		<title>Post Coal India IPO, Union government hope for more foriegn investments in coming IPOs</title>
		<link>http://investmoneyinindia.com/2508/post-coal-india-ipo-union-government-hope-for-more-foriegn-investments-in-coming-ipos</link>
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		<pubDate>Wed, 10 Nov 2010 07:47:25 +0000</pubDate>
		<dc:creator>Malvika</dc:creator>
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		<description><![CDATA[The Coal India IPO, which opened to tremendous response not only attracted the domestic investors but also the overseas one.
The IPO by coal India was oversubscribed. The IPO saw a total of 774 foreign investors applying for the Coal India IPO, resulting to oversubscribing the qualified institutional buyers to the tune of 16 times.
The positive [...]<p>&copy;2009 Copyright by <strong><a href="http://investmoneyinindia.com" title="Invest In India"><strong>Invest In India</strong></a></p>
]]></description>
			<content:encoded><![CDATA[<p>The Coal India IPO, which opened to tremendous response not only attracted the domestic investors but also the overseas one.<br />
The IPO by coal India was oversubscribed. The IPO saw a total of 774 foreign investors applying for the Coal India IPO, resulting to oversubscribing the qualified institutional buyers to the tune of 16 times.</p>
<p>The positive response from the overseas subscribers in the recently concluded Coal India IPO has encouraged the Department of Disinvestment (DoD) of the Union Government to identify the first-time foreign investors in the country.</p>
<p>This step by the Central Government will help them to target the foreign investors and groups for the next public offerings by the government controlled enterprises.</p>
<p>According to the CIL chairman, Mr Partha S Bhattacharyya, “The details of these institutions and their investment patterns are yet to be worked out. However, a quick assessment suggests that many of these investors have invested in the country&#8217;s capital market for the first time.”</p>
<p>Mr Sumit Bose, Secretary, Department of Disinvestment,  said “During the road-shows abroad, many investors told us that they would be looking forward to make a maiden entry in the country&#8217;s capital market through the CIL IPO. However, we will take time to get the relevant details.”</p>
<p>He confirmed that the department was scanning the qualified institutional buyers list to broad base its target market for the upcoming issues.</p>
<p>Meanwhile the Centre is planning to raise an estimated  Rs. 40,000 crore through opening the IPO of companies namely SAIL, Indian Oil and ONGC.<br />
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		<title>39 Indian companies make to Forbes ‘Best Under A Billion’ Asia list</title>
		<link>http://investmoneyinindia.com/2395/39-indian-companies-make-to-forbes-best-under-a-billion-asia-list</link>
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		<pubDate>Fri, 03 Sep 2010 03:07:37 +0000</pubDate>
		<dc:creator>Ziaulla Namani</dc:creator>
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		<description><![CDATA[
With 39 Indian companies in Forbes ‘Best under A Billion’ Asia list India is placed on the second position.
India is in second place with 39 entries, 19 more than last year, this number makes India the biggest gainer. More Indian companies made the list this year as the country is less open than many other [...]<p>&copy;2009 Copyright by <strong><a href="http://investmoneyinindia.com" title="Invest In India"><strong>Invest In India</strong></a></p>
]]></description>
			<content:encoded><![CDATA[<p style="text-align: center"><a href="http://investmoneyinindia.com/wp-content/uploads/2010/09/forbess.jpg"><img class="size-full wp-image-2396 aligncenter" src="http://investmoneyinindia.com/wp-content/uploads/2010/09/forbess.jpg" alt="" width="258" height="290" /></a></p>
<p>With 39 Indian companies in Forbes ‘Best under A Billion’ Asia list India is placed on the second position.</p>
<p>India is in second place with 39 entries, 19 more than last year, this number makes India the biggest gainer. More Indian companies made the list this year as the country is less open than many other Asian economies, and was therefore, less affected by the global downturn.</p>
<p>From the total of 200 companies, 151 firms are new on the list, compared with 136 last year, while 49 are returnees. Firms in information technology, healthcare and electronics sectors accounted for close to half of the 200 companies on the list.</p>
<p>Of the entire total companies, 71 firms based in China and Hong Kong.</p>
<p>The Indian companies like Jindal Drilling and industries, Emami, Exide Industries, Compact Disc India, Amara Raja Industries, Everonn Education, , ELGI Equipments and ICSA (India) and others made to the list of ‘Best Under A Billion’ Asia List.</p>
<p>The &#8216;Best Under A Billion&#8217; list is chosen from nearly 13,000 publicly-listed Asia-Pacific companies with actively traded shares and having sales in the range of USD 5 million- USD 1 billion.</p>
<p>The selection of the best 200 companies is based on earnings growth, sales growth, and shareholders&#8217; return on equity in the past 12 months and over three years.</p>
<p>September 2010 issue of Forbes Asia Magazine will carry the &#8220;Best under a Billion&#8221; list.<br />
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<h4>Incoming search terms:</h4><ul><li><a href="http://investmoneyinindia.com/2395/39-indian-companies-make-to-forbes-best-under-a-billion-asia-list" title="list of closed companies in india">list of closed companies in india</a></li><li><a href="http://investmoneyinindia.com/2395/39-indian-companies-make-to-forbes-best-under-a-billion-asia-list" title="closed indian it companies">closed indian it companies</a></li><li><a href="http://investmoneyinindia.com/2395/39-indian-companies-make-to-forbes-best-under-a-billion-asia-list" title="forbes top indian finance companies internships">forbes top indian finance companies internships</a></li><li><a href="http://investmoneyinindia.com/2395/39-indian-companies-make-to-forbes-best-under-a-billion-asia-list" title="latest news of icsa india">latest news of icsa india</a></li></ul>]]></content:encoded>
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		<title>The Real Slum Dog Millionaire</title>
		<link>http://investmoneyinindia.com/2338/the-real-slum-dog-millionaire</link>
		<comments>http://investmoneyinindia.com/2338/the-real-slum-dog-millionaire#comments</comments>
		<pubDate>Thu, 15 Apr 2010 05:06:15 +0000</pubDate>
		<dc:creator>Malvika</dc:creator>
				<category><![CDATA[business]]></category>
		<category><![CDATA[Associated British Foods]]></category>
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		<description><![CDATA[Patak’s is a household name in Britain today.  It is the brand name of curry pastes and spices.  Patak’s sells ready meals too, to major supermarkets in UK, Europe and North America.   In 1950, a Gujarati Brahmin, Laxmishanker G. Pathak, arrived in London from Kenya with his wife and six children, with only 5 pounds [...]<p>&copy;2009 Copyright by <strong><a href="http://investmoneyinindia.com" title="Invest In India"><strong>Invest In India</strong></a></p>
]]></description>
			<content:encoded><![CDATA[<p>Patak’s is a household name in Britain today.  It is the brand name of curry pastes and spices.  Patak’s sells ready meals too, to major supermarkets in UK, Europe and North America.   In 1950, a Gujarati Brahmin, Laxmishanker G. Pathak, arrived in London from Kenya with his wife and six children, with only 5 pounds in his pocket.  There he couldn’t find a place selling bona fide Indian food.  From his own kitchen he and his wife prepared authentic Indian food for the expatriate Indians.</p>
<p>The <a href="http://everythingfinanceblog.com/offers/capwest" class="kblinker" title="More about home &raquo;">home</a> made Indian dishes conquered the minds, through their stomachs, of not only the Indians but also the foreigners.  Patak’s was founded in 1957, and now people in more than 40 countries crave for Patak’s products, all over the world.  The company’s popularity can be attributed to its large product list, which includes authentic Indian snacks, microwavable curries, pickles, ready meals etc.  75% of Indian restaurants in the United   Kingdom use Patak’s products.</p>
<p>A business, which was started as selling home made samosas, has now reached its pinnacle of success.  In 2007 the Associated British Foods took over the firm from the then owner Kirit Pathak.  The deal was signed for an incredible sum of 200 million pounds.  Though the deal was finalized the Indian flavor will stay with the company, because Kirit Pathak (son of Laxmishankar) and Meena, his wife, will stay in the company as chairman and director respectively.</p>
<p>Patak’s unprecedent success will inspire more expatriate Indians to venture into new businesses and become successful.  It seems there are already many Patak’s in the making.  Let’s us wish them great success in the near future.</p>
<p>From time immemorial Indian spices and dishes had enslaved the foreigners.   Now it is the turn of young entrepreneurs like the Patak’s to conquer the countries all over the world, through their delicious ready to eat dishes.<br />
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		<title>IOB hiked deposit rates, Central Bank reduces rates of loan for doctors, revise deposit rates</title>
		<link>http://investmoneyinindia.com/2319/iob-hiked-deposit-rates-central-bank-reduces-rates-of-loan-for-doctors-revise-deposit-rates</link>
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		<pubDate>Thu, 18 Mar 2010 11:31:00 +0000</pubDate>
		<dc:creator>Tushar Mathur</dc:creator>
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		<description><![CDATA[On Monday Indian Overseas Bank (IOB) has revised its deposits interest rate. The revised rates will be effective from March 15. As per revised rates for deposits of less than Rs 1 crore for tenure of 270 days and less than one year, the rate has been fixed at 6%, while for one year to less than five years at 6.75% and five years and above at 7.25%. And for a deposits of Rs 1 crore and above for a period of one year and above, the rate has been fixed at 6.5%.<br /><br />Another bank Central Bank of India, a state-owned lender is offering loans to doctors at low interest rate. Bank has reduced interest rates on loans by 150 basis points for doctors for purchase of equipment and 100 basis points for construction of nursing home/ clinic/clinic cum residence (from 12% to 10.5 % for purchase of equipment and from 13 % to 11% construction of nursing home/ clinic/clinic cum residence.)<br /><br />The bank has also announced wavier of the processing fee for its direct housing finance scheme, personal loan to corporate and non-corporate employees, Cent Jewel, teachers’ loan, Cent Vyapari, Cent Swabhiman plus until the end of the month.<br /><br />The bank has also hiked its deposit rates on domestic term deposits from 25 basis points to 150 basis points on the deposits of Rs 15 lakh and above. The revised rates will be effective from Monday. The interest rate on domestic term deposits above Rs 15 lakh, but less than Rs 1 crore has been revised to 6.5% (6.25%) for the period one year to less than two years has been revised to 6.75% (6.5%) for two to less than three years and to 7% (6.5%) for three to less than five years.<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/6423990277910881594-8167742269740959857?l=fixeddeposit.blogspot.com' alt='' /></div><p>&copy;2009 Copyright by <strong><a href="http://investmoneyinindia.com" title="Invest In India"><strong>Invest In India</strong></a></p>
]]></description>
			<content:encoded><![CDATA[<p>On Monday Indian Overseas Bank (IOB) has revised its deposits <a href="http://everythingfinanceblog.com/offers/capwest" class="kblinker" title="More about interest &raquo;">interest</a> <a href="mortgage" class="kblinker" title="More about rate &raquo;">rate</a>. The revised rates will be effective from March 15. As per revised rates for deposits of less than Rs 1 crore for tenure of 270 days and less than one year, the rate has been fixed at 6%, while for one year to less than five years at 6.75% and five years and above at 7.25%. And for a deposits of Rs 1 crore and above for a period of one year and above, the rate has been fixed at 6.5%.</p>
<p>Another bank Central Bank of India, a state-owned lender is offering loans to doctors at low interest rate. Bank has reduced interest rates on loans by 150 basis points for doctors for purchase of equipment and 100 basis points for construction of nursing home/ clinic/clinic cum residence (from 12% to 10.5 % for purchase of equipment and from 13 % to 11% construction of nursing home/ clinic/clinic cum residence.)</p>
<p>The bank has also announced wavier of the processing fee for its direct housing finance scheme, personal loan to corporate and non-corporate employees, Cent Jewel, teachers’ loan, Cent Vyapari, Cent Swabhiman plus until the end of the month.</p>
<p>The bank has also hiked its deposit rates on domestic term deposits from 25 basis points to 150 basis points on the deposits of Rs 15 lakh and above. The revised rates will be effective from Monday. The interest rate on domestic term deposits above Rs 15 lakh, but less than Rs 1 crore has been revised to 6.5% (6.25%) for the period one year to less than two years has been revised to 6.75% (6.5%) for two to less than three years and to 7% (6.5%) for three to less than five years.
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		<title>MFs dig infra for big bucks</title>
		<link>http://investmoneyinindia.com/2303/mfs-dig-infra-for-big-bucks</link>
		<comments>http://investmoneyinindia.com/2303/mfs-dig-infra-for-big-bucks#comments</comments>
		<pubDate>Sat, 27 Feb 2010 10:11:00 +0000</pubDate>
		<dc:creator>Tushar Mathur</dc:creator>
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		<description><![CDATA[<span style="font-size:85%"><span style="font-family: verdana"></span><span style="font-family: verdana"><span style="font-weight: bold">The mutual fund industry</span> didn’t get anything from the finance minister, but that has not stopped them from exploring how they could work out some </span><span style="font-family: verdana">of the other proposals in direct taxes to their advantage . Though a sizable part of the industry was expecting the FM to scrap the tax arbitrage opportunity available to corporates investing in short-term debt products, he did not oblige.</span><br /><br /><span style="font-family: verdana">Some mutual fund players were trying to figure out whether they could corner the extra Rs 20,000 investment that qualifies for tax deduction announced in the Budget. In addition to Rs 1 lakh under section 80C, an investor can invest an extra <span style="font-weight: bold">Rs 20,000 in long-term infrastructure bonds</span> to claim tax deduction, the FM said in his Budget speech.</span><br /><br /><span style="font-family: verdana">“We are not sure whether we will be able to launch a product to invest in these bonds,’’ said the chief of a private sector mutual fund. “Since this is in addition to Rs 1 lakh, even our tax saving schemes won’t be able to attract this amount,’’ he added. “MFs are unlikely to get this pie.</span><br /><br /><span style="font-family: verdana">Even in the past, the government had allowed ICICI and IDBI to issue taxfree bonds,’’ said another MF manager. “The government is most likely to come up with a list of institutions which can issue such bonds in the near future.’’</span><br /><br /><span style="font-family: verdana">Financial advisers are unanimous that the bonds will be useful for investors looking for long-term taxfree returns. However, they await details — such as the lock-in period and interest rate — before recommending them to their clients. They believe that the bonds could lose their charm if they have a long lock-in . However, the tax-free status, backed with government guaranty, would still make them hugely popular among risk-averse investors. </span><br /></span><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1570757128155932434-4076302252680978107?l=indian-mutual-funds.blogspot.com' alt='' /></div><p>&copy;2009 Copyright by <strong><a href="http://investmoneyinindia.com" title="Invest In India"><strong>Invest In India</strong></a></p>
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			<content:encoded><![CDATA[<p><span style="font-size:85%;"><span style="font-family: verdana;"></span><span style="font-family: verdana;"><span style="font-weight: bold;">The mutual fund industry</span> didn’t get anything from the finance minister, but that has not stopped them from exploring how they could work out some </span><span style="font-family: verdana;">of the other proposals in direct taxes to their advantage . Though a sizable part of the industry was expecting the FM to scrap the tax arbitrage opportunity available to corporates investing in short-term debt products, he did not oblige.</span></p>
<p><span style="font-family: verdana;">Some mutual fund players were trying to figure out whether they could corner the extra Rs 20,000 investment that qualifies for tax deduction announced in the Budget. In addition to Rs 1 lakh under section 80C, an investor can invest an extra <span style="font-weight: bold;">Rs 20,000 in long-term infrastructure bonds</span> to claim tax deduction, the FM said in his Budget speech.</span></p>
<p><span style="font-family: verdana;">“We are not sure whether we will be able to launch a product to invest in these bonds,’’ said the chief of a private sector mutual fund. “Since this is in addition to Rs 1 lakh, even our tax saving schemes won’t be able to attract this amount,’’ he added. “MFs are unlikely to get this pie.</span></p>
<p><span style="font-family: verdana;">Even in the past, the government had allowed ICICI and IDBI to issue taxfree bonds,’’ said another MF manager. “The government is most likely to come up with a list of institutions which can issue such bonds in the near future.’’</span></p>
<p><span style="font-family: verdana;">Financial advisers are unanimous that the bonds will be useful for investors looking for long-term taxfree returns. However, they await details — such as the lock-in period and <a href="http://everythingfinanceblog.com/offers/capwest" class="kblinker" title="More about interest &raquo;">interest</a> <a href="mortgage" class="kblinker" title="More about rate &raquo;">rate</a> — before recommending them to their clients. They believe that the bonds could lose their charm if they have a long lock-in . However, the tax-free status, backed with government guaranty, would still make them hugely popular among risk-averse investors. </span><br /></span>
<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1570757128155932434-4076302252680978107?l=indian-mutual-funds.blogspot.com' alt='' /></div>
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