Friday, April 10, 2009
Thursday, April 09, 2009
Startup Professionals Musings: MBA: Blessing or Not for an Entrepreneur?
Startup Professionals Musings: MBA: Blessing or Not for an Entrepreneur?: "when an MBA really helps an entrepreneur:
If you are already an entrepreneur, more education, including an MBA, will only slow you down. Consider it a waste of time.
If you plan to become an entrepreneur, and already have business experience or an undergraduate Business degree, skip the time and cost of the MBA.
If you have a technical career with no business background, and you want to start your own business, an MBA can be a blessing by giving you the basic knowledge you need to manage your business."
If you are already an entrepreneur, more education, including an MBA, will only slow you down. Consider it a waste of time.
If you plan to become an entrepreneur, and already have business experience or an undergraduate Business degree, skip the time and cost of the MBA.
If you have a technical career with no business background, and you want to start your own business, an MBA can be a blessing by giving you the basic knowledge you need to manage your business."
Wednesday, April 08, 2009
Cos finding domestic markets increasingly attractive: ASSOCHAM
Cos finding domestic markets increasingly attractive: ASSOCHAM: "The Associated Chambers of Commerce and Industry of India (ASSOCHAM), in a report titled 'The Rise of Rural India' released on Tuesday, said companies in the fast moving consumer goods (FMCG) sector have recorded higher growth in rural market, which has contributed substantially to their bottomlines.
'Majority of FMCG firms such as DCM, ITC have been recording higher growth rate and sales of their product in rural areas as compared to urban markets,' the report said.
India's FMCG industry is currently estimated at Rs.200,000 crore. Of this, domestic consumption accounts for Rs.17,189 crore."
'Majority of FMCG firms such as DCM, ITC have been recording higher growth rate and sales of their product in rural areas as compared to urban markets,' the report said.
India's FMCG industry is currently estimated at Rs.200,000 crore. Of this, domestic consumption accounts for Rs.17,189 crore."
Recession forces over 1.3 lakh MSMEs to seek debt revamp
Recession forces over 1.3 lakh MSMEs to seek debt revamp: "Under the global credit squeeze, over 1.30 lakh Indian entrepreneurs, mainly in the small and medium sectors, have sought relief from government-owned banks, which have completed corporate debt restructuring worth Rs 14,000 crore till February.
About one lakh micro, small and medium enterprises (MSMEs) have approached the Union Bank of India for immediate corporate debt restructuring, while the State Bank of India has cleared 26,000 proposals for rescheduling loans, according to information given to the government."
About one lakh micro, small and medium enterprises (MSMEs) have approached the Union Bank of India for immediate corporate debt restructuring, while the State Bank of India has cleared 26,000 proposals for rescheduling loans, according to information given to the government."
Business Today - India's leading business magazine
Business Today - India's leading business magazine: "Indian banks’ finest hour?
The KPMG Annual Best Banks Survey is a check-point on the performance of the banking system in India. The past five years have seen the Indian banking industry gain significant strength. This strength is reflected in the high growth in credit and size of the balance sheets; well diversified portfolios across corporate, retail and SME; improved margins and spreads; healthy asset quality; reduction in non-performing assets with improving asset coverage ratio; and improvement in the implementation of the SARFAESI Act through effective use of debt recovery tribunals.
Not surprisingly, PSU banks, with low-risk appetites and being conservative followers of regulatory guidelines, have significantly improved their position. Driven by better technology and risk principles, they have seen considerable improvements in their asset quality, operational efficiency, spreads and margins."
The KPMG Annual Best Banks Survey is a check-point on the performance of the banking system in India. The past five years have seen the Indian banking industry gain significant strength. This strength is reflected in the high growth in credit and size of the balance sheets; well diversified portfolios across corporate, retail and SME; improved margins and spreads; healthy asset quality; reduction in non-performing assets with improving asset coverage ratio; and improvement in the implementation of the SARFAESI Act through effective use of debt recovery tribunals.
Not surprisingly, PSU banks, with low-risk appetites and being conservative followers of regulatory guidelines, have significantly improved their position. Driven by better technology and risk principles, they have seen considerable improvements in their asset quality, operational efficiency, spreads and margins."
Yale seminar to focus on business scope in India
Yale seminar to focus on business scope in India: "Ivy League business school Yale School of Management will Friday organise a seminar on emerging business opportunities in India during the current economic crisis.
The seminar will focus on the impact of the global financial crisis on the Indian economy and discuss the opportunities and challenges faced by foreign investors in India.
Reserve Bank of India (RBI) Deputy Governor Rakesh Mohan and president of the US-India Business Council Ron Somers are among the speakers at the day-long conference."
The seminar will focus on the impact of the global financial crisis on the Indian economy and discuss the opportunities and challenges faced by foreign investors in India.
Reserve Bank of India (RBI) Deputy Governor Rakesh Mohan and president of the US-India Business Council Ron Somers are among the speakers at the day-long conference."
Microsoft to expand SME partnerships in India
Microsoft to expand SME partnerships in India: "Entrepreneurs, he said, are more flexible and cited a survey done by the company which revealed that 86 per cent of small business owners indicated that despite the economic downturn, they still prefer owning their own businesses to working for someone else."
Wednesday, March 04, 2009
Playing with Bacteria | Health & Wellness | Opportunities | DARE - Because Entrepreneurs Do |
Playing with Bacteria Health & Wellness Opportunities DARE - Because Entrepreneurs Do : "Although probiotics is a new concept in India, it is one of the fastest growing functional food markets worldwide. Globally, the market for probiotic products is estimated at $14 billion. In the US alone, more than 100 companies market probiotic products in supplement forms. The US market is forecast to touch $394 million in 2010 while the European market may reach $137 million, according to estimates by Frost & Sullivan"
Probiotics are live microorganisms (in most cases, bacteria) that are similar to beneficial microorganisms found in the human gut. They are also called “friendly bacteria” or “good bacteria.” Probiotics are available to consumers mainly in the form of dietary supplements and foods. They can be used as complementary and alternative medicine
Probiotics are live microorganisms (in most cases, bacteria) that are similar to beneficial microorganisms found in the human gut. They are also called “friendly bacteria” or “good bacteria.” Probiotics are available to consumers mainly in the form of dietary supplements and foods. They can be used as complementary and alternative medicine
holograms,bar codes for protection and identity
holograms,bar codes for protection and identity: "Business Opportunities for Entrepreneurs in the field of Holograms
The Indian hologram market is growing at 18 percent per annum and has more than 38 players.There are three types of holograms — security, packaging, & promotional.Major players:Holostik, Holoflex, Alpha Lasertek, Everest Holovisions, Flex
Security: Security holograms have a market size of Rs. 145 crore. It is a technology-driven segment that needs constant
innovation. Around 35 players in India are manufacturing this type of hologram. It is a low-volume high-margin business.
Very high volume orders of security holograms become non-viable as the cost of manpower security is very high.
Packaging: This category has a Rs. 265 crore market, and is a high-volume, low-margin business. Here, the price competition
is greater as the customer buys the hologram not for its security feature, but just to ensure the presence of a hologram.
Hence, the customer looks for the cheapest option.
Promotional: Promotional holograms are a popular phenomenon abroad, but the trend does not seem to be catching on in India.
There are hardly any makers of such holograms, and its market is about Rs 80 lakhs. In the past, promotional holograms
have come in the form of tazzos in potato chips packets, but it has never shown any growth. The reason being that Indian
companies have still not identified it as a promotional vehicle.
The Indian hologram market is growing at 18 percent per annum and has more than 38 players.There are three types of holograms — security, packaging, & promotional.Major players:Holostik, Holoflex, Alpha Lasertek, Everest Holovisions, Flex
Security: Security holograms have a market size of Rs. 145 crore. It is a technology-driven segment that needs constant
innovation. Around 35 players in India are manufacturing this type of hologram. It is a low-volume high-margin business.
Very high volume orders of security holograms become non-viable as the cost of manpower security is very high.
Packaging: This category has a Rs. 265 crore market, and is a high-volume, low-margin business. Here, the price competition
is greater as the customer buys the hologram not for its security feature, but just to ensure the presence of a hologram.
Hence, the customer looks for the cheapest option.
Promotional: Promotional holograms are a popular phenomenon abroad, but the trend does not seem to be catching on in India.
There are hardly any makers of such holograms, and its market is about Rs 80 lakhs. In the past, promotional holograms
have come in the form of tazzos in potato chips packets, but it has never shown any growth. The reason being that Indian
companies have still not identified it as a promotional vehicle.
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