Tag Archives: #IndianBusinesses

CAN INDIA SURPASS CHINA IN GROWTH?

The current relations of India and China are not hidden from anybody. It is very clear that both the countries are having disputes at the border. There was a fight between the soldiers of both the both the country and soldiers from both the nation lost their lives. The Indian government also banned 69 Chinese applications including Tiktok, Cam Scanner, ShareIt and many more, because of safety reasons. The demand of ban on Chinese products and making India self sufficient is rising more, after our lost their lives at the India-China border. But the actual question is , can India actually surpass China in growth? This seems to be a very a strenuous task , as the dominance of China over Indian market is not something which can be ignored.

The main reason behind the growth fatigue in China according to the Boston Consultancy Group (BCG) is that the cost of production in China is now the same as that in US. An increase in wages, shifting exchange rates and higher energy cost in the past 10 years resulted in manufacturing stress in China. On the contrary, labour cost is still much lower in India.However apart from the cost difference there are many more challenges which India need to tackle if it wants to exceed China. The first challenge for India is to create a friendly business environment. A culture of entrepreneurship needs to be developed. Secondly the Labour laws in India are very obsolete in nature, a big reform in the whole concept is required to usher the second generation reforms lead by the reforms in labour sector. The macro-economic stability is another thing which designs the path of the future growth of a country. The Chinese economy is controlled by government with exchange rates, interest rates etc. Although it may provide stability but also apply pressure on the controlling authorities. The Indian government needs to keep the financial rights by keeping a tab on inflation, exchange rate etc. The another factor which our government need to focus upon is the Investment on Human Resource. The number of unskilled labors in our country is quite high, whereas the it is never a problem for China because they have invested enough in their Human Resource.The Indian government should provide skills to its vast labour force. The last but not the least factor which I will be discussing here is sufficient energy. For a firm, continuous supply of power and electricity is must so that they can continue their production without any hindrance.

Thus, there is no doubt that exceeding China in terms of growth is an impossible task for India, but for this the government needs to lay down the platform for the economy to take off and address the aforesaid challenges.

TOP STARTUPS IN INDIA YOU NEED TO KNOW!

We are currently witnessing changes in almost everything, be it technology development, change of the mode of education, market fluctuations and many more. The major change which we will be talking about today is Startups. If you would’ve asked 10 years ago to people about starting their own business , the quantity of people who would’ve actually said yes could have been very low. The people used to perceive startups as a gamble, where they were unaware about the winning percentage. Everybody wanted to earn loads of money, but very few were actually willing to earn money from their startup. People were feared the amount of money and all their hard work which they will will lose. But now the situation is completely changed, the mindset of people which they used to had about startups is completely changed.Startups are now seen as an opportunity by the everyone, where they invest their money. Even in India we saw many successful startups, which started from nothing and now they are giving very tough competitions to the global MNCs. The success story of these startups are worth sharing and many more people should know about them so people can get inspired by them and can start their own venture without giving it a second thought. Some of these Indian startups are mentioned below :

FLIPKART

India’s foremost online retailer, providing a marketplace for both direct sales and merchant. Like Amazon and Alibaba, Flipkart’s diverse array of products includes everything from LED bulbs to Story books, to sarees to fan, and they are still adding more.By March of 2015, Flipkart had received a total funding amount of %2.45B, with Accel Partners and Tiger Global Management among the key investors.

SNAPDEAL.COM

The Delhi based Snapdeal is Flipkart’s main competitor in home soil, with a network of over 50,000 domestic and international brands and more than 20 million members.In a mere 5 years, Snapchat’s two founders have managed to capture 1 out of every 6 Indian internet users, so its future- just like that of its prestigious U.S. counterparts- is certainly one to keep an eye on.

BIGBASKET

Grocery e-tailer BigBasket is India’s largest online food and grocery store, selling more than 1,000 brands including an “Imported and Gourmet” range. The startup also sells grocery products under its own brand names Fresho, popular and Royal.BigBasket only launched in December 2011 and, with Indians spending around $370B annually on food and groceries , the future is bright.

HUNGAMA

Hungama.com is a Bollywood specialist, with the world’s largest repository, but the digital entertainment company’s storefront has over 2.5M pieces of content spanning an array of genres and languages. Subscribers can stream music tracks, movies, music videos, and dialogues as well as mobile content including ringtone and wallpaper.Owned by Hungama Digital Media Entertainment, this startup is in good hands to reach its goal of a 100 million MAUs by March 2016.Also, Hungama is wisely using its mobile-first capacity.

BOOKMYSHOW

Online ticketing platform BookMyShow provides caters to the customers to want to attend everything from movies to plays to sporting events. Customers can purchase gift cards, receive offers based on bank patronage and use the mobile app to buy their tickets.After raising $25M in June 2014, the company has been growing yearly at 70% and operates in 2,500 of the 10,000 screens across India.

The Changes After 1991 In India

Today India is one of the most powerful nations in the world. Our progress in education, science-technology, business, economy, the defense system is really noticeable. India is always a unique country but India also passed many tough situations, this achievement comes after so many hardships, struggles, and fights.before 1991 the political situation in India is unstable, after 1991 certain changes in the Indian economy, science-technology held to be very important In the history of India.

Indian Economy: we wanted to establish an Economy based on social justice through planning for a National planning commission was established that would coordinate development through the policy of the Five Year Plan. The government started Economic Reforms are called as Economic Liberalisation. The foreign Invest In India increased, the field of information technology opened several avenues of employment in the country . Liberalization, Privatizati, and Globalization, India under its New Economic Policy approached International Banks for development of the country. These agencies asked Indian Government to open its restrictions on trade done by the private sector and between India and other countries.

Science and Technology: The experiment in the co-operative dairy movement By Dr.Verghese Kurien led to increase in milk production in India. This is called as White Revolution. Dr.Homi J.bhaba laid the foundation of the Indian atomic Power Programme. India insisted on using atomic energy for peaceful purposes like generation of electricity, pharmaceuticals and defense.

Change In Social Field: changes related to the women empowerment movement and other related to the policies regarding the uplift of deprived sections of the society

GST DAY

Approx most of the day we heard about this Term GST, if we Recharge mobile current postpaid bill is Rs 500, we will have to shell out Rs 590. It is Rs 15 more than what you are currently paying. Food, electricity, gold, land, loans in these services GST is applicable

GST, Goods and Service Tax Act passed in the parliament of India on 27th March 2017 and came into effect on 1st July 2017.

The day was celebrated on 1st July 2018 to mark the first anniversary of the new indirect tax regime.GST is a single indirect tax on the supply of goods and services right from manufacturers to consumers. It’s replaced a number of taxes such As excise duty, service tax, central sales Tax, Value-added Tax(VAT), and Octroi.

Excise duty is an indirect tax that levies on the goods which, are produced within the country. This tax is not related to the Customs Duty. Excise Duty is also known as Central Value Added Tax. value-added Tax is collected by the state government. For example, if we purchase a good then we must pay an additional tax as Value Added Tax to the government. The VAT rate is decided based on the nature of the item and state.Custom duty and OctoroiThis tax is levied on those goods that are imported into India from outside. The Custom Duty tax is paid at the port of entry in the country as the airport. This tax rate also varies over the nature of goods. While the Octroi tax is charged on the goods entering the municipality.

GST was First coneceptual by Former Indian Prime Minister Atal Bihari Vajpayee,1999.

In an official message on the occasion of GST Day, Finance Minister Nirmala Sitharaman on Wednesday said that more efforts are required to ease tax compliance further for the taxpayers, especially the micro, small and medium enterprises (MSMEs). Wednesday marked the third anniversary of the launch of the Goods and Services Tax (GST) regime.In message, Ms Sitharaman herhighlighted the steps taken towards easing the return filing process, including the recently introduced feature of SMS-based filing for nil return

Content is fire social media is gasoline.

Social media is a medium that is growing quite prevenlant nowadays because of its user freindly characteristics.It is a kind of platform through which we can connect to people sitting in any corner of the World at any time (24*7).Every year on 30 the June is celebrated as ‘Social Media Day’.Social media is a bliss to humanity as it makes interaction with people in a faster way, it makes globalisation a reality, it gives a chance to introvert to express themselves.It is way to build international relationships whether it is a business or social.Website such as ‘Facebook’ makes communication much easy task.Facebook allows people to share photos,post -comments, and view people personal information.The most notable feature of social media is its magnificent source of education.All the knowledge which one wants is a snap away.Furthermore it provides a live platform through which you can achieve lectures occuring in America while you seated in India.Most importantly Instagram, pinterest provides a way through which young aspiring artist can showcase their skills for free.Through LinkedIn,Instagram,Facebook people can get job now opportunities.Now even companies are using social media platforms to promote their buisness.It has converted a hub for promotion and proposes great shot for combing with the customers.

Communication work for those who work at it.

Communication is like a skill that you can learn.It’s like riding a bicycle or typing.if you are willing to work at it,you can rapidly improve the quality of every part of your life.In a lame language”Communication is a process through which one person can share his views,thoughts ,ideas to the other person”.A good communication acts as a tool through which we can connect to different people all around the Globe and create a network.It is not only necessary but it’s the need of the hour every individual whether he/she might be a student a professional etc must possesed good communication skills because this is the need of the hour.It allows you to get the trust of the people and at the same time carries better opportunities for the individuals.The significance of communication is that it is required in daily life it act as a catalyst in building relationships with people.It is mainly of two domain oral and written communication.There are many issues which can be handled through right and effective communication.It is useful in Corporate World as it’s foster strong team if efficient and proper communication is done through hierarchy.Even difficult to difficult issues can be solved and solutions can be graped through poweful communication.Someone has rightly said “The more we communicate the less we suffer and the better we feel about everything around”.

Win your trades by loosing your fear.

If you don’t follow the stock market then surely you are loosing something amazing.The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to impatient.In a lame language ‘A stock market, share market is the aggregation of buyers and sellers of stocks which represents ownership claim on buisness, these may include securities listed on public stock exchange as well as stock that it only traded privately. Investment in stock market is done mainly through stock brokerages and electronic platforms.The stock market is the most important way through which company raise money,along with debt market which are generally for imposing but do not trade publically.Stock exchange offers liquidity which enables investors to quickly and easily sell securities.It is the indicator through stock market the country’s economic strength and development are measured.Rising share price, for Instance trend to be associated with increased buisness environment and vice versa.Share price also effects the wealth of house hold and consumption.The smooth functioning of all the these activities lead to economic growth in that lower costs and enterprise promote the production of good and services as well as possibly employment.The way to earn money in the stock market is to buy a stock then when price go up sell it,if it’s not going up don’t buy someone has rightly said ,”We don’t have to be smarter than the rest we have to be more disciplined than the rest”.

We Forgot the product name !!

Marketing is a process to promote the product and create value with the customer by selling products or provide service. There are so many times when companies marketing so well the brand name becomes the product name. We actually don’t realize that every day we use the name of the product actually their brand name. Here is some example

Google, it’s an inseparable part of our life today, our all curiosity satisfy google, we always say that “Google it” it helps us in so many ways ,Google Is the brand name the product name is Internet search engine

Parle-G evergreen morning snack. Parle-G is the brand name and product name is Glucose Biscuit

Brand Name Colgate, product name :Toothpaste

Brand Name: Nestle Maggie Products name: Noodles

Brand name: Photoshop Product name: Image Editing software

Brand name: JCB Product name : Excavator

  • Brand name: sellotape product name: transparent Adhesive Tape
  • Brand name: xerox product name: Photocopy
  • Brand name: Vaseline, product name: Petroleum jelly
  • Brand Name Fevicol Product name Adhesive
  • Brand name: Boroline product name: Antiseptic perfumed cream

Marketing is an amazing thing, we rarely used these products name, their brand brands names are their identify.

3 months given to unlisted bond issuers in debt funds to list by sebi

India’s Securities and Exchange Board (Sebi) has issued unlisted non-convertible debentures (NCDs), where mutual funds are mostly the investors, a three-month one-time window for listing has been allocated to such schemes.

A letter was sent to asset management companies late Tuesday, acoording to SEBI, stating that , starting June 15, a window would be made available to issuers who have outstanding unlisted NCDs as of March 31 without having to comply to the requirement and the guidelines on the electronic bidding platform. Mutual funds are however required to keep issuers informed of this window.

According to a copy of the letter with LiveMint , the letter stated “This is another step towards ensuring that debt mutual fund schemes hold only 10% in unlisted debt. Mutual funds have time till end of December to comply with the norms. The existing unlisted remains grandfathered. The listing would entail higher compliance and disclosures.”

The schemes had to meet the investment limits for non-listed non-convertible debentures (NCDs) at 15 percent and 10 percent of the debt portfolio by 31 March and 30 June respectively. These dates were subsequently extended to 30 September and 31 December respectively due to COVID-19 related disruptions. This additional move is to have liquidity for certain papers that are not listed. Exchanges require for the listing of fresh NCDs and not current unlisted ones, said asset management company’s CEO.

“In addition, it permitted mutual funds to grandfather the existing investments in unlisted debt instruments till maturity of such instruments, so as to not disrupt the market,” said Sebi.

According to Sebi communication, if issuers of non-listed NCDs take advantage of the opportunity of one-time listing and submit their application for listing but unduly delay in getting their NCDs listed, they would be required to pay additional 1 percent coupon to investors. On Wednesday the Asset Management Companies (AMCs) were advised by the Association of Mutual Funds in India (AMFI) that they would take full advantage of the opportunity and act immediately.

“There are about 121 companies which haven’t listed their debs. Franklin Templeton is the largest owner of unlisted debts among mutual fund houses. We will request all of invester companies to list their debts,” said the CEO of a large fund house, anonymously.

MF industry holds about 41,500 crore of non-listed NCDs in all schemes, excluding liquid schemes as of March 31. The six debt schemes that are under the winding-up process hold a large chunk of these unlisted debts. Many of these NCDs are issued and used to be considered liquid investments by marquee issuers. Those have been illiquid in the new covid-19 scenario due to market uncertainty, raising problems for the mutual funds.

“Further, some of the same issuers’ listed NCDs issued after 1 October trade regularly, but the unlisted NCD of the same issuer with the same rating and potentially a shorter maturity has become completely liquid. This has been adversely impacting the performance of various mutual fund schemes investing in debt instruments,” said an AMFI member.

“While Sebi has facilitated listing of unlisted NCDs many marquee issuers such as Tata Sons are unwilling to list their bonds. Perhaps they would make up the 10% of the unlisted debt still allowed,” said an official of a fund house.

Source:https://www.livemint.com/news/india/sebi-gives-3-months-to-unlisted-bond-issuers-in-debt-funds-to-list-11591790405023.html