Budget to make mere mention of GST

With less than a week to go for United Progressive Alliance’s second maiden Budget, the government seems far away from finalising a firm roadmap to goods and services tax (GST). CNBC-TV18 reports that at this stage, it looks like the Budget could choose the soft option of merely mentioning its intent of introducing GST by April 1, 2010.Also Read: Meeting GST's 2010 deadline difficult: PwC Here is a verbatim transcript of Abhijit Neogy’s comments on CNBC-TV18. Also watch the accompanying video.The Government is actively considering a proposal to compensate states for more than the first three years of implementation of GST. The compensation will be made to states which incur a loss on transition to GST and the Finance Ministry may also set up a fund to make compensation payouts. A final decision on this will be taken in the consultation with the thirteenth finance commission being headed by Vijay Kelkar. The government believes this will be enough incentive to bring dissenting states on board. However, there is still no consensus on the GST rate. Kelkar believes the government should keep the rate low and broaden its ambit to include the railways and the housing and construction sectors.K Jose Cyriac, Additional Secretary-Revenue, Ministry of Finance, said, “We are working out a compensation mechanism with the thirteenth finance commission. As long as the compensation mechanism is good, there is no reason why states should not join in.” The other problem relates to inter state movement of goods. The Finance Ministry has admitted it is getting very difficult to design a flawless input tax credit mechanism under the GST regime. That's because, with GST being collected at the point of destination, many manufacturing oriented states are opposing GST fearing massive revenue losses. Then, there are procedural issues like needing a constitutional amendment for empowering states to tax services, something which is time consuming and politically demanding. That's one very important reason why the April 1, 2010 deadline is likely to be missed though the government is still putting on a brave front.

Source :www.moneycontrol.com/india/news/cnbc-tv18-comments/budget-to-make-mere-mentiongst-rolloutapril-10-/403713

Bandra-Worli Sealink is Set To open

After 10 years of expectations , delays and, of course, hardcore planning and labour, the spectacular Bandra-Worli Sea Link is set to open at midnight on Tuesday. Come Wednesday morning and a new day will dawn for Mumbai's rush-hour motorists, with the Rs 750-crore link offering a new route between the island city and the western suburbs. Till now, the Mahim Causeway was the only route. A fireworks, lights and laser show, coupled with music, was held on Monday night at the main cable-stayed bridge at the Bandra end. It was enjoyed by thousands from the Bandra promenade and Mahim beach, but was not clearly visible to those at Worli sea face and Dadar due to slight drizzles, haze and cloudiness. There was no space left at the sea-faces as thousands gathered to view the show, but those at Worli were disappointed, said Anandini Mulgaonkar and Shubha Sehgal of Worli and Bandra, respectively. From 12.01 am onwards on Wednesday , officials are expecting joyriders to take the link before office-goers arrive in larger numbers as morning peak hour nears. With no toll from July 1 to July 5, a large amount of traffic is expected. The traffic police will face a daunting task at Worli and Bandra. Maharashtra State Road Development Corporation (MSRDC) engineers said the toll-free move is at the behest of politicians seeking political mileage.

For Further Details visit at :/timesofindia.indiatimes.com/Cities/Bandra-World-sealink-opens-on-Wed/articleshow/4718305.cms

Sensex At The Top

Following gains in overseas markets, the key benchmark indices rose in the early deals today. The benchmark Sensex was up 100 points at 14,885 levels and the Nifty was up 28 points at 4,418 levels. “The budget is a non-event for the markets. The markets are looking beyond the budget now. The implementation of the policies announced by the government is important for the markets at this stage,” said Sandeep Bhardawaj, CEO & head of equity strategy, Tower Capital & Securities. Buying interest was seen in metals, capital goods and oil & gas stocks. The metal index on the BSE gained 1.6 per cent and the capital goods index rose 1 per cent. The BSE oil & gas index advanced 0.8 per cent. Among the Sensex stocks, Tata Steel led gainers. The stock rose 2.8 per cent in early trade today. Sun Pharma, Sterlite and NTPC were the other main gainers in the pack, up more than 1.4 per cent each. However, Tata Motors, Bharti Airtel and TCS were among the losers in the pack. In the US markets, a surge in oil prices sent investors rushing to put money into the stock market in the final days of the second quarter.Energy, industrial and materials stocks pulled the market higher in light trading on Monday as investors raced to keep up with the gains in oil. The Dow Jones industrial average rose 90.99, or 1.1 percent, to 8,529.38. The S&P 500 index rose 8.33, or 0.9 percent, to 927.23, while the Nasdaq composite index rose 5.84, or 0.3 percent, to 1,844.06. Asian markets were trading mostly higher today. Hong Kong’s Hang Seng and Japan’s Nikkei were up more than 0.7 per cent each.

Source : profit.ndtv.com/2009/06/30101534/Sensex-tracks-world-markets-hi.html

FatCow Web Hosting is to integrate Google Services for Websites

FatCow (www.fatcow.com), a leader in Web hosting services for individuals and small businesses, worked with Google to become the first Web hosting company to implement the Google Services for Websites console that customers access directly from the hosting control panel. The goal of Google Services for Websites is to enable customers to maximize the potential of their Web site and provide easy access to expanded services such as Webmaster Tools™, AdSense™ and Custom Search™. Google Services for Websites allows Web site owners to easily install, activate and access their Google Web tools through a central location on the hosting control panel. Product Managers from Google and FatCow worked closely together to develop Google Services for Websites and provide hosting customers with a superior user experience. "We wanted to capitalize on all of these great Google tools by making it easier for customers to utilize these best-of-breed tools through a single sign-on," explains Mitch Haber, Vice President, Product Management at FatCow, "It was an amazing experience to work with Google. We were able to integrate their innovation, technology and commitment to excellence with our understanding of hosting customers to deliver an outstanding application." "People who manage Web sites are looking for easy access to simple and powerful tools because they want to focus on retaining users and managing their business," said Rajat Mukherjee, Group Product Manager for Google Custom Search. "It's optimal when we can work with a valued Web hosting partner like FatCow to develop new interfaces that make the lives of our Webmasters easier and more organized."

For further details visit at:www.itwire.com/content/view/25950/545/

Early Tech Adopters

Our mission at ReadWriteWeb is to explore the latest Web technology products and trends. We're fortunate to have a great group of sponsors who support this goal. So, once a week, we write a post about them; about who they are, what they do, and what they've been up to lately. We hope you'll pay them a visit as a way to show your appreciation for their sponsorship of this site. Interested in being a ReadWriteWeb sponsor? ReadWriteWeb is one of the most popular blogs in the world and is read by a sophisticated audience of thought leaders and decision-makers. We have several innovative new features in our sponsor packages that we'd love to tell you about. Email our COO Bernard Lunn for all the details.

For further details visit at:www.readwriteweb.com/archives/sponsors_post_28june09.php

China has bullet proof Hosting

An overwhelming majority of Web sites promoted through spam are hosted in China at service providers that many times choose to ignore complaints and allow illegal activity, according to research from the University of Alabama. Gary Warner, director of research in computer forensics in the university's computer and information sciences department, wrote on his blog that it is well past the time to declare a spam crisis in China. The university reviewed millions of spam messages seen throughout this year from its Spam Data Mine, which analyzes junk mail for threats. In those messages were links to hundreds of thousands of Web sites. A total of 69,117 unique domains hosted those Web sites. Seventy percent -- or 48,552 -- hosted Web sites that ended in ".cn," the country-code top level domain for China. Again, about 70 percent of Web sites were located on computers within China. "It is very normal that more than one-third of the domain names we see each day in spam messages come from China," Warner wrote. "When one also considers the many '.com' and '.ru' domain names which are also hosted in China, the problem is much worse." Typically when scammy Web sites are detected, security companies will send a complaint to a hosting company, which may also act as a registrar, or seller of domain names. The site is typically taken offline.

For further details visit at:www.computerworld.com.au/article/309107/china_remains_spam_haven_due_bulletproof_hosting?fp=2&fpid=2

'World Investors Meet' by state's business community in July

With an aim to bring a comprehensive development to Kerala, specially at the Panchayat level, by attracting investment in identified sectors, a two-day 'World Investors Meet' would be held by the state's business community here from July 24. The meet would invite global investors to explore the immense investment potential in the panchayaths of Kerala, K M Abdulla, Chairman, Kerala Chamber of Commerce and Industries (KCCI), the organisers, said. Investors would participate in business conclaves for sectors including tourism, IT, food processing, rural retail, media, infrastructure, financial services, education, electrical, electronics, light engineering, logistics, rubber and other agro based products, he said. KCCI had already completed a study in all the panchayaths about the feasibility of starting new enterprises and also held detailed discussions with the stakeholders, he said. The meet has received encouraging responses from all corners and at a time when the economy is ruled by negative emotions, "optimism" has a great role to play and so "Focus Kerala is futuristic," he said. The conclave aims at showcasing viable projects and creating opportunities for investors to interact with policy makers and successful entrepreneurs in each sectors, Abdulla said. Besides tremendous potential in tourism, the state has a highly developed healthcare delivery system and many key raw materials for the thriving of food processing sector, which has the potential to become a Rs 30,000 crore industry in less than a decade, he said. The chamber would act as a nodal agency for all the investors to get local clearances and liason with the government, he said. Inspite of being one of the primary destinations in the East for foreign traders since time immemorial, Kerala was branded for labour agitations and "indifference" in attitude of the public towards investors, he said.

Source:www.hindu.com/thehindu/holnus/004200906251131.htm

Dubai proposes to host World Expo in 2020

With the launch of the Dubai 2020 initiative, His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, yesterday appointed a working group of government and private sector representatives to determine the possibility of hosting the World Expo in 2020. Shaikh Mohammad said: "The Dubai 2020 initiative will look at how we can shape our environment and society for future generations. Dubai is already home to people of different nationalities and cultures who live in friendship and peace." The World Expo is the third largest global, non-commercial event in terms of economic and cultural impact, after the FIFA World Cup and the Olympic Games. World Expo aims to promote several aspects of society including art and design, education, culture, science, international trade, technology and tourism. In 2003, Dubai hosted the annual meetings of the International Monetary Fund and World Bank. It has the region's largest expo facilities. Lieutenant General Dahi Khalfan Tamim, Dubai Police Chief and member of the working group, told Gulf News: "There is no doubt that Dubai is a mega city which is able to host such a large Expo. Far from the strategic location of Dubai between East and West, the international standard of security, infrastructure and services in Dubai ensures the potential of hosting the World Expo in 2020." Dubai Municipality's Acting Director, Hussain Nasser Lootah, said: "Although a big team was appointed to look at the possibility of hosting the World Expo, I do believe that Dubai is up to it and will be successful in hosting the World Expo in 2020. Dubai has the essential bases of success and we are not worried about hosting such a huge expo."

Source:www.gulfnews.com/business/Special_Events/10326931.html

world’s first sport tourism exhibition to be held in July 2010

Plans have just been unveiled for the world’s first sport tourism exhibition. The World Sport Destination Expo will take place during the FIFA 2010 World Cup in the official host city, Johannesburg, South Africa from July 5-9, 2010. The expo will provide a market place for sports tourism ? at least 250000 visitors are expected. “We have been overwhelmed with the uptake for World Sport Destination Expo,” said Chris Frost, Event Director, World Sport Destination Expo. The event will feature an exhibition area of 10000 sq m. Over 400 exhibiting companies representing international sports federations, host cities of top sporting events, tourist boards, global hotel chains and resorts will meet to conduct business with top buyers from the sport tourism industry. Running concurrently with the exhibition will also be a sports tourism conference featuring a line-up of leading speakers and delegates drawn from sports, tourism and sports tourism industries.

Source:www.travelbizmonitor.com/worlds-first-sport-tourism-expo-to-be-held-in-2010-7156

Instant Access To World Tourism Websites

Travellers in Malaysia can now obtain the latest reliable information on major tourist destinations overseas by logging on to www.acecollege.edu.my. Ace College chief executive officer Eddie Kok said the college had launched user-friendly World Tourism Websites comprising 120 countries with over 250 official national websites. "To view the tourism websites, just log on to ACE College website and click on the moving globe," he said in a statement here Friday. He said the information would provide adequate knowledge to the travellers. Workforce Management: At the Heart of the Contact Center Learn more, download free white paper. The Modern Contact Center and Workforce Management's Vital Role Learn more, download free white paper. Realizing the Full Promise of Workforce Management Technology: Avoiding Mistakes That Short-Change Your Investment Learn more, download free white paper. Pingo EZ Dial Smartphone Application features direct phonebook and PINless dialing on over 450 phone models. There's no need to remember the country's official tourism portal address or making a search on the internet browsers," he said.

Source:www.tmcnet.com/usubmit/2009/06/29/4248263.htm

Extreme sport in queenstown

It takes a certain kind of lunatic to take two high-speed, dangerous extreme sports and combine them into an even crazier activity. In Queenstown, New Zealand, it seems, there are plenty of lunatics to go around. Such was the spectacle at the ‘mountain bikes on snow’ event on Saturday at the Coronet Peak ski resort, where cyclists took a once-a-year opportunity to combine downhill skiing with off-road biking and race their (unmodified) bicycles down the ski slopes. There were thrills and spills a plenty as the riders tore down a course normally reserved for skilled skiers and snowboarders, all the while trying their hardest to keep their bikes upright. It was just one of the dozens of events taking place in the world’s adventure capital this week as part of the city’s annual Winter Festival: a week-long party that combines big-scale events with the sort of quaint community activities more typically associated with small towns. New Zealand Prime Minister John Key (who is also Tourism Minister) launched the festival on Friday night with an outdoor party and fireworks display on the banks of Lake Wakatipu. The party continued late into the night as the extreme sport guysnand girls bar-hopped their way around the town’s multitude of watering holes (Queenstown reportedly has one bar for every 75 people).

For further details visit at:www.watoday.com.au/travel/be-an-extreme-sport-in-queenstown-20090629-d269.html

MBA MOMS TIPS FOR SUCCESS

Mothers of young children who are enrolled in MBA programs across the country have a message for all the other moms holding back from pursuing that same dream: Go for it! It's very doable. "School and children are so compatible," says 30-year-old Tuesday Reitano, who will be graduating from McGill University's MBA program in April. Not only has Ms. Reitano managed to pursue her degree while still caring for her four-year-old son and working part-time as a consultant for the UN, she also had a baby in January while still enrolled in the program. For years, it seems, there has been a glass ceiling for women with children when it comes to a post-graduate education in business and leadership. But it appears that glass ceiling is largely self-imposed and based on misperceptions rather than reality. It's ironic, because for the past two decades, women have been taking university degrees home in droves.

MBA MOMS GIVE THEIR TIPS FOR SUCCESS:
- Have a good support system, including support from spouse.
- Know what you want to achieve with your MBA and choose a program that best fits your goals.
- Match your need for flexibility in scheduling with your real-life demands (many moms choose part-time for this reason, but don't unde restimate your ability to do full time).
- Relax. All the moms found other students to be very understanding and supportive.
- Don't expect the MBA experience of the single crowd -- but that's OK. You don't really need to go out for drinks with fellow students in order to get the full learning experience.

For further details visit at : www.canada.com/Life/Moms+down+business+class/1445886/story.html

GLOBAL MARKETING : Data, earnings to stress test rally

As world stocks wrap up what is likely to be the best quarter in at least two decades, tests of the sustainability of a rally in risk loom for global financial markets. Article Controls The onus of proof is on economic data, including closely-watched U.S. jobs figures next week and quarterly earnings from major companies, as investors seek reassurance on betting on an improved outlook in the new quarter. World stocks, as measured by MSCI, have risen more than 20 percent as the second quarter draws to a close. That would be the biggest three-month gain in the history of the index, which was launched in 1988. Credit markets have also rallied, with investment grade corporate bond yield spreads, measured by the Markit iTraxx Europe index, nearly halving at one point during the period. But the rally since mid-March has been showing signs of fatigue pushing markets into trading sideways, and this stalemate may not last long.

For further details visit at : www.forbes.com/feeds/afx/2009/06/28/afx6595780.html

Twitter and peers for sale - privately

Scott Painter makes his living betting on startup companies, having played a role in launching 29 of them over the years. But with the bad economy choking initial public offerings and acquisitions, Painter is now backing an idea that makes it easier for insiders like him to sell shares in their companies even before they go public. SharesPost, which was founded by Painter's business partner, Greg Brogger, launched publicly in June. Through SharesPost's Web site, Painter is trying to sell shares in several companies he helped found, including car pricing startup TrueCar.com. He also wants to buy shares in companies that are far from an IPO, like short-messaging site Twitter and business-networking site LinkedIn. SharesPost is one of a few private stock exchanges that are emerging to fight what venture capitalists call a liquidity crisis. These exchanges give stakeholders an alternative way to trade their shares in hot startups like Facebook for cold, hard cash _ without having to wait years for an IPO. Employees at startup employees often put in long hours but get salaries that can be 20 percent less than their peers at public companies. In return, they get stock or options that they hope will be a path to sports cars and summer homes after their company goes public or is bought out. Given this, services like SharesPost could help startup workers get some cash while awaiting a distant IPO that might never even get off the ground. Most people won't be in on the action, though, since these exchanges are only open to a small pool of buyers.

For further details visit at : www.timesanddemocrat.com/articles/2009/06/29/ap/hitech/d993kkh80.txt

Today deal : Samsung T240HD 24" LCD

Samsung T240HD 24 Inch LCD Monitor with 5ms Response, 1920x1200 Resolution and Built In HD Tuner for $255.99 with FREE Shipping. A great price on this great monitor. The coupon's so big in fact, that it's still a better deal than the PC Connection one I had listed yesterday even if you live in California! The monitor features 2 HDMI, DVI, 10,000:1 dynamic contrast ratio, the 1920x1200 resolution, 5ms response time, Dolby Digital Surround and more all encased in rose red outer. Use coupon number: 6MN1R42XCHN0F6

Source : www.tweaktown.com/news/12643/deal_of_the_day_samsung_t240hd_24_lcd/

Internet Marketing TWIF selected by small business

TWIF Marketing today announced they have launched a website for ManagementPro. We brought in Robert because of his reputation and immediately felt very comfortable with his team, as well as his approach. He's been a pleasure to work with. I'm confident that our company will be stronger for having worked with TWIF Marketing. TWIF Marketing offers a range of consulting services for companies that want to increase their online visibility. TWIF Marketing, who specializes in small to mid-market companies, will be helping all ManagementPro Inc. in the areas of search engine optimization and online PR. “Because competition for customers is so great and profit dollars are so scarce,” said Robert Velarde, TWIF Marketing's President. “Business owners everywhere are scrambling just to keep their heads above water. Many businesses that started out as a long-held dream for financial independence for their owners have turned into little more than hard working, low paying jobs with very little time off. ManagementPro Inc has been producing results for their small business clients for many years. TWIF is proud to be selected to help with their online visibility.” Vickie Waller, CEO of ManagementPRO Inc., which provides small business consulting to numerous companies in the South Carolina, is excited about working with TWIF Marketing. "We brought in Robert because of his reputation and immediately felt very comfortable with his team, as well as his approach. He's been a pleasure to work with. I'm confident that our company will be stronger for having worked with TWIF Marketing."

About TWIF Marketing:
TWIF Marketing is a company that specializes in Internet marketing services. The company specializes in all aspects of Internet marketing services like search engine optimization (SEO) service, pay per click (PPC) advertising service, and email campaign service, and much more.

For further details visit at : www.prweb.com/releases/Internet-marketing/Charleston/prweb2586844.htm

Tata motors has Launched Land rover, Jaguar in india

Tata Motors has finally launched Land Rover, Jaguar in India. The entry level cost for the Range Rover and Jaguar is Rs 63 lakh. While the top end model of Range Rover will cost Rs 89 lakh. Both Jaguar and Range Rover will have one co-owned showroom each in Mumbai. Tata Motors plans to expand to other cities based on response in Mumbai. Jaguar-Land Rover may be open to giving a board seat or perhaps even an equity stake to the UK government, in return to the financial package which it needs urgently. It is negotiating with the government to guarantee a 340 million pound loan from the European Investment Bank. Speaking on the financial package that JLR needs, Ratan Tata, Chairman, Tata Motors, said it all depends how the ongoing negotiations go ahead. "If there is a large financial package that the British government will in fact give to the company, there should be a commensurate level of representation or answerability to them. It's a question of negotiating what would be fair and just, which we are in the process of doing," he stated.

Source : www.moneycontrol.com/india/news/business/tata-motors-launches-jaguar-land-roverindia/403524

Now charge their mobile at Metro stations

Metro commuters can charge their mobile phones at Metro stations soon as charging points are being installed by the Delhi Metro Rail Corporation (DMRC) at Metro stations for the convenience of the commuters. The Delhi Metro will be installing 134 multiple mobile charging machines at its various stations across the capital which will be operational from July this year in a phased manner, said chief spokesperson of DMRC, Anuj Dayal in a statement on Sunday. A Delhi based private company is installing these machines, which will have multiple sockets to enable commuters to charge their mobile phones of different brands and makes free of cost. The mobile phone charging machine will have six chargers and will be mounted on the walls in the paid area of the Metro station. About 42 such machines will be installed in line I, 32 in Line II and 60 in Line III. In addition, charging points will be also be available for laptops and mobile phones in the 131 new trains which are being inducted for Phase II of the Delhi Metro.

For further details visit at : timesofindia.indiatimes.com/Delhi/Charge-your-phones-at-Metro-stations-now/articleshow/4713196.cms

Tata Motors posted its first annual loss

Tata Motors posted its first annual loss in eight years and announced more job cuts and plant closures at Jaguar and Land Rover as the worst global recession in more than seven decades slashed demand for the marque brands purchased by the company last year. Tata, the maker of Indica and Nano cars, posted a consolidated loss of Rs 2,500 crore for the year ended March, while sales slumped 37%. The last time the company had made a loss was in 2000-01, when it experienced a similar demand slump for trucks and its small car, the Indica. Jaguar and Land Rover posted a loss of Rs 1,777 crore for the year. The deepening recession in the US and UK worsened the demand for luxury vehicles, forcing Tata Motors to cut jobs and consider plant closures. JLR has already shed 2,000 jobs and Tata Motors senior executives warned on Friday that more will be needed.

For further details visit at:economictimes.indiatimes.com/News/News-By-Company/Earnings/Tata-Motors-reports-first-annual-loss-in-8-years/articleshow/4708483.cms

SBI plans to beef up its international business

State Bank of India, the country’s largest lender, plans to beef up its international business by increasing the share of retail segment in its overseas book. The bank is planning to step up retail activity by raising resources and extending loans said SBI Deputy Managing Director P Chaudhuri. He was talking to reporters after signing a business cooperation pact with Italian bank Banca Popolare Di Vicenza here on Friday.Overseas operations contribute about 90 per cent to the bank’s wholesale business (corporate segment). An SBI official said that the bank was planning to bring down the share of corporate\wholesale banking to 75 per cent.“There is always a risk when a corporate customer withdraws large deposits and also moves business. In contrast, retail segment, which includes small businesses, is less volatile as the client base is large,” the official added.The public sector bank is planning to raise the share of its international business in total business to 25 per cent by 2012. The key markets where the bank would work to increase retail business are the United States, the United Kingdom, Canada and Singapore. In the US, the subsidiary in California would drive business expansion, he added

Source:www.business-standard.com/india/storypage.php?autono=362223

Michael Jackson the billion-dollar businessman.

Michael Jackson the singer was also Michael Jackson the billion-dollar business. Yet after selling more than 61 million albums in the U.S. and having a decade-long attraction open at Disney theme parks, the "King of Pop" died Thursday at age 50 reportedly awash in about $400 million in debt, on the cusp of a final comeback after well over a decade of scandal.The moonwalking pop star drove the growth of music videos, vaulting cable channel MTV into the popular mainstream after its launch in 1981. His 1982 hit "Thriller," still the second best-selling U.S. album of all time, spawned a John Landis-directed music video that MTV played every hour on the hour.The ratings were three or four times what they were normally every time the video came on," said Judy McGrath, the chairman and CEO of Viacom Inc.'s MTV Networks. "He was inextricably tied to the so-called MTV generation."Five years later, "Bad" sold 22 million copies. In 1991, he signed a $65 million recording deal with Sony. Jackson was so popular that The Walt Disney Co. hitched its wagon to his star in 1986, opening a 3-D movie at its parks called "Captain EO," executive produced by George Lucas and directed by Francis Ford Coppola. The last attraction in Paris closed 12 years later.One of Jackson's shrewdest deals at the height of his fame in 1985 was the $47.5 million acquisition of ATV Music, which owned the copyright to songs written by the Beatles' John Lennon and Paul McCartney. The catalog provided Jackson a steady stream of income and the ability to afford a lavish lifestyle. He bought the sprawling Neverland ranch in 1988 for $14.6 million, a fantasy-like 2,500-acre property nestled in the hills of Santa Barbara County's wine country.

For further details visit at:www.idahostatejournal.com/articles/2009/06/27/news/breaking/10.txt

SAB Miller reduce fossil-fuel emissions by 50%

SABMiller will reduce fossil-fuel emissions from its beers by 50% per litre of beer produced by 2020, it said on Friday. The JSE-listed company said in a statement that it aimed to achieve this through "greater energy efficiency and by utilising renewable energy sources such as brewing by-products and agricultural waste". SABMiller anticipated this would enable it to contain absolute emissions across its 200 beer brands at their 2008 level by 2020, despite production volume growth. The target was announced together with the launch of SABMiller's Sustainable Development report for 2009. The report detailed some of the steps that were already being taken around the world to achieve the emission-reduction goal. According to the report, Czech business Plzenský Prazdroj has already reduced its carbon emissions by more than 50%. In addition, biogas from its waste water treatment plants was now being used as an auxiliary fuel for brewing, SABMiller said. Reducing CO2 emissions enabled the brewery to sell surplus allowances at auction in 2006 and invest the money in further environmental projects. The company added that its operations in India had invested in renewable energy sources such as agricultural waste, including rice husks

For further details visit at : www.mg.co.za/article/2009-06-26-sabmiller-to-reduce-fossilfuel-emissions

US F&D admin seizes 33 drugs of Caraco

The US Food and Drug Administration has seized 33 drugs of Caraco. Commenting on the same, Vikas Dandekar of PharmAsiaNews.com said last year there was a warning letter issued to Caraco. On the list, he said, is Tramadol. “Sun Pharma’s Caraco has grown to a good extent on the back of Tramadol.” Also see: US FDA seizes drugs of Sun Pharma's subsidiary;stk down 16% Here is a verbatim transcript of the exclusive interview with Vikas Dandekar on CNBC-TV18. Also see the accompanying video. Q: What do you assess will be the impact for Sun Pharma? Is it just the revenues coming from Caraco from that plant or is this also going to be a little beyond the active pharmaceutical ingredients (API) supply and then tarnishing of a good name? A: That basically is a credibility issue. A company which has got an unblemished record will always be happy to sell generics and quality comes first. Though it is an intangible issue, it matters a lot when it comes to the US market. So, this particular news has been dragging for quite a long time for Caraco. Last year, there was a warning letter issued. From January this year, Caraco had started withdrawing some of the issues include oversized tablets. This is something that is definitely a little disturbing because it has led down to all the 33 products. The chief product being Tramadol. Sun Pharma’s Caraco has grown to a good extent on the back of Tramadol.

For further details visit at : www.moneycontrol.com/india/news/business/us-fda-seizes-33-drugscaraco/403383

Gemini comm : 51% stake in Sanat Technologies

Gemini Communication, a leading player in the wireless networking and Wimax solutions space, on Friday said it has acquired a majority stake in Sanat Technologies for an undisclosed amount. In a filing to the Bombay Stock Exchange, Chennai-based Gemini Communications said it has acquired a 51 per cent stake in Sanat Technologies. The acquisition would strength Gemini's focus on design, development and marketing of unique product solutions. “We are planning to get in to the storage space for sometime now. Sanat is a very innovative company and in a very short span it has been able to attain a stable position. We are keen to retain and grow the senior management of Sanat Technologies,'' Gemi ni Chairman Mr R Ramkumar said. Sanat Technologies is a unified network solutions provider, which offers an integrated solution that enables storage, delivery, and management of network data. ''...the final infusion from Gemini would greatly help us to invest in brand building and int ernational sales, while we would leverage on Gemini's pan India presence to market our products in India,'' Sanat Technologies Director Mr VS Vasan said. - PTI

Source : www.thehindubusinessline.com/blnus/15261491.htm

MHRIL IPO subscribed 3.5 times at 1pm

Mahindra Holidays and Resorts India (MHRIL), a part of the Mahindra Group, opened for subscrption with an initial public offering (IPO) of 92,65,275 equity shares of Rs 10 each for cash at a price to be decided through a 100% book-building process. The issue got subscribed 3.93 times at 1 pm but due to some withdrawals, the subscription reduced to 3.5 times, at 2 pm, June 26. It has received bids for 3,24,58,420 shares as against issue size of 92,65,275 shares. The bid/ issue will close today, June 26, 2009. The IPO price band has been fixed at Rs 275-325 per share. The size of the issue stands Rs 301 crore at the upper end of the price band and Rs 255 crore at the lower end of the band. M&M (Mahindra and Mahindra) will raise Rs 90.7-123 crore from the sale of 33 lakh shares and it will hold 83% of the Mahindra Holidays post issue. The issue comprises a fresh issue of 58,96,084 equity shares and an offer for sale of 33,69,191 equity shares by Mahindra and Mahindra (the “selling shareholder”). The issue would constitute 11.0% of the fully diluted post-issue paid-up capital of the company. The proceeds from MHRIL’s proposed issue are expected to be deployed in the setting up of new projects and expansion of some of the existing resorts, to provide a larger range of resorts, and hence a wider choice of holiday destinations to members. The global coordinator and book running lead manager (BRLM) is Kotak Mahindra Capital Company Limited. HSBC Securities & Capital Markets (India) Private Limited and SBI Capital Markets are the BRLMs. The equity shares are proposed to be listed on the National Stock Exchange of India Limited and the Bombay Stock Exchange Limited.

Source : www.moneycontrol.com/india/news/ipo-issues-open/mahindra-holidays-ipo-subscribed-35-times/403072

Scot Travel, based in Edin burgh player in the Bodrum region’s tourism

The tourism industry in Bodrum, Turkey has been forced to deal with decreasing numbers of tourists this year, and is facing yet another threat. Scot Travel, based in Edinburgh, has been a major player in the Bodrum region’s tourism, bringing in over 60,000 tourists from the UK annually. Earlier this month, the travel company went bankrupt, leading to major concerns about the peninsula’s tourism future. Authorities are saying that Bodrum is beset with problems related to its tourism infrastructure and local resistance to new development as well. Serdar Karcılıoğlu, the chairman of Bodrum’s Professional Hotel Managers Association, said in comments to the Hürriyet Daily News & Economic Review, that the Scot Travel bankruptcy will negatively impact Bodrum’s tourism, which relies on UK holidaymakers, especially in the current economic climates when visitor numbers are already depressed. He went on to say that there are more serious problems for Bodrum in need of urgent attention so that the peninsula can bolster its status as a prime tourism destination. Karcılıoğlu said: “As the actors who direct the world tourism, the tour operators do not see Bodrum as a destination any more. This stems from the fact that the peninsula lacks the necessary infrastructure, direct flights and bed capacity to handle large-scale tourism.” He added that although there is a 70,000-bed capacity, only 20,000 of the beds are considered to be high quality.

Source : http://www.asap.co.uk/news/scot-travel-collapse-adds-to-bodrum-woes-5634286.html

IPC provides updates on its efforts to maximize shareholders value.

PC Holdings (IPC) has provided an update on its efforts to maximise value for shareholders. According to IPC, Validus and IPC have signed a confidentiality agreement, commenced mutual due diligence, and have made data rooms available to facilitate the due diligence process. Together, with its advisors, IPC has held in-person negotiations with Validus, and the two companies have exchanged contract markups.As per Validus initial offer, it provides IPC shareholders a 24.9% premium based on IPC's and Validus' closing prices on March 30, 2009. IPC said that it has received expressions of interest from other parties, and it is engaged in discussions and negotiations with them. It has also determined that if an appropriate transaction cannot be reached in near future, it would continue its review of strategic alternatives after the hurricane season. Kenneth Hammond, Chairman of IPC, said: “Validus's stock price has also declined by 16% since Validus's initial offer for IPC, reducing the premium to IPC shareholders to a mere 3%. The number one priority of the IPC Board continues to be to maximise value for IPC and its shareholders, and we will continue our efforts to secure the best outcome in the most expedient way.”

Source:www.insurance-business-review.com/news/ipc_plans_alternatives_to_maximise_shareholders_value_090623

Asian Stocks Business summary

Asian stocks rallied for a second day on Thursday after the Federal Reserve reinforced that interest rates will be kept at a record low for a while, but Treasuries extended losses as the Fed shied away from boosting its debt purchases. The Fed left interest rates near zero percent but tweaked its statement to say that financial markets had improved and signaled less concern about deflation, even while repeating the economy will remain weak.Toyota's new boss warns of two more tough years TOKYO (Reuters) - The new head of Toyota Motor Corp <7203.t>, the world's biggest car maker, warned on Thursday the autos industry faces two years of tough times, as he outlined his strategy to get the company back to profits. Toyota aimed to build more autonomous operations in North America and shift focus to marketing region-specific vehicle lineup, instead of providing a full line-up in every region, newly appointed President Akio Toyoda, the grandson of the company founder, told his first media conference in the job. China's Sinopec to buy Addax for C$8.27 billion CALGARY, Alberta (Reuters) - Sinopec Group launched China's biggest-ever foreign oil acquisition on Wednesday, agreeing to buy Addax Petroleum Corp for about C$8.27 billion ($7.24 billion) to secure the Swiss oil explorer's high-potential oil blocks in West Africa and Iraq. The offer of C$52.80 a share from Sinopec International Petroleum Exploration and Production Corp -- coming after a behind-the-scenes bidding war with Korea National Oil Co -- is a 16 percent premium to Addax's closing share price on Tuesday and more than four times the stock's November low of C$12.13.Viterra gets Australia ok for ABB deal SYDNEY (Reuters) - Australia has given foreign-investment approval for Canadian grain handler Viterra's $1.2 billion proposed takeover of ABB Grain Ltd , the Australian grain-handler and exporter said on Thursday. "ABB Grain and Viterra have been informed that the Foreign Investment Review Board has advised Viterra that there are no objections to the proposed scheme of arrangement with Viterra," ABB said in a statement to the Australian stock market. Flaherty upbeat on economic signs OTTAWA (Reuters) - Finance Minister Jim Flaherty said on Wednesday he was seeing more positive signs than negative ones in the country's economy. "Certainly there are positive indications of stabilization in the economy. What we want to look for now are signs of the beginning of economic growth. We're starting to see some positive indications of consumer confidence, some increased activity in residential real estate," Flaherty said in a conference call from Washington.

For futher details visit at:www.globeinvestor.com/servlet/story/ROC.20090625.2009-06-25T062507Z_01_TRE55O0YO_RTROPTT_0_CBUSINESS-SUMMARY/GIStory/

Online Community for Mobile Money in GSMA Introdces

The GSMA, the body that represents the worldwide mobile communications industry, announced the launch of the Mobile Money Exchange initiative at the Annual Mobile Money Summit in Barcelona. Visa and Globe Telecom are the first two founding partners of the Mobile Money Exchange, which has been launched to engage with new stakeholders and sectors that are entering the mobile ecosystem. Through this initiative, the GSMA is helping financial services companies who are entering the mobile environment, by providing a common voice and formal business forum for business collaboration. The ethos behind the formation of the Exchange is for best practise and innovations to be highlighted and shared, both across industry and inter-industry. The Mobile Money Exchange will feature an online knowledge portal with social business networking and community functionality designed to advise and serve the interests of the mobile money industry. "Mobile Money Exchange builds on the Mobile Money Programme that the GSMA launched in 2006 and which has been a tremendous success in terms of building a global community," said Bill Gajda, Chief Commercial Officer, GSMA. "Through the Mobile Money Exchange, fundamental principles and requirements which are not currently being met, such as fragmentation and therefore lack of ability to scale, will be addressed and the Exchange will advance, advise and serve the interests of the mobile money market." "As a founding partner, Visa looks forward to helping drive thought leadership and industry participation in the Mobile Money Exchange programme in collaboration with the GSMA," said Tim Attinger, Global Head of Product Development for Visa Inc.

http://www.streetinsider.com/Press+Releases/GSMA+Introduces+Premier+Online+Community+for+Mobile+Money/4751087.html

RMC meeting will Business Notice :

The next quarterly Richland Manufacturing Coalition meeting will be Friday, July 17 at Kehoe Center. All members new within the past year will be introduced, community projects will be discussed and a round-table discussion will take place among members on how they are coping during this recession. American Augers Inc. of West Salem is the latest company to join RMC is a regional organization that shares ideas, practices and business challenges common among manufacturers. Manufacturers interested in becoming a member may contact the RMC office at .

Source : http://www.times-gazette.com/news/article/4614828

MAGIX MP3 Maker's quick Organise music with magic

Since the way to organize music has changed massively over the past few years, it has become more and more difficult to maintain an overview of an MP3 collection without intelligent systems. Many users digitize their complete record collection and add downloads and other digital audio content to their music library. But recordings from different musical sources often leads to chaotic naming schemes and incomplete meta-information. A long search for a certain title, which was either incorrectly titled or not indicated at all (e.g. "track01.mp3") diminishes the enjoyment of the music. "Even databases that consist of tens of thousands of songs or more may be conveniently organized with MAGIX MP3 Maker. All music management applications are covered by the software. The user receives every function needed for playing back and managing music," highlights MAGIX Senior PR Manager Dr. Ulrich Hepp.

For further details as :http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&newsId=20090624005346&newsLang=en

UCT Graduate School of Business’s New Course :

Storytelling is more often associated with kindergarten than the world of business, but companies are fast waking up to the widespread benefits of organisational storytelling. This year sees the launch of the UCT Graduate School of Business’s new course aimed at teaching business leaders and organisations how to leverage the power of narrative. Organisational Storytelling for Inspirational Leaders will run for the first time this September. According to course directors, Peter Christie and Nikki Friedman, it will help leaders use storytelling to influence others and lead more successfully. It will also equip businesses with the tools to develop and communicate a unique and congruent organisational story. "Given the widely perceived power of storytelling, it is no surprise that business has woken up to its benefits and found interesting ways of leveraging it within an organisational setting. "Recent years have seen stories popularised in the business world – with several businesses finding creative ways to put the power of words to effective use," said Christie – who has lectured at on the topic for several years. Popularised to a great degree by Steve Denning – former programme director of Knowledge Management at the World Bank and author of several books on the subject – storytelling, in an organisational context, works because it creates an emotional response that leads to real learning and action. It catches, and maintains, people’s attention in a way that simple fact-sharing cannot; stories simply anchor facts into the memory more easily.

For further details visit as : http://www.skillsportal.co.za/learning/business_schools/090624-uct-school-business-storytelling-course.htm

The world’s Best Hotels in Southern Ocean Lodge

Southern Ocean Lodge has been named one of the world’s best hotels by influential international travel magazine, Conde Nast Traveller. Naming Southern Ocean Lodge as one of its Hot List Hotels 2009, the US edition describes the property as a, “thoroughly evolved eco-wilderness lodge,” offering, “panoramic ocean views from the pristine clifftop brushland it inhabits.” The UK edition goes on to describe the view from Southern Ocean Lodge – one of only two Australian resorts to make the exclusive list – as, “like standing on the prow of a great liner with water and sky all around.” SA Tourism Commission chief Andrew McEvoy said the latest accolade was testimony to the vision and commitment of Baillie Lodges, South Ocean Lodge’s owner, in building the Hanson Bay property. “James Baillie and his team have dedicated themselves to building eco-friendly, world-class accommodation that is bringing the world to South Australia and promoting Kangaroo Island as a pristine international destination,” Mr McEvoy said. “Recognition through Conde Nast Traveller’s worldwide Hot Hotels list means that readers from the UK, the US and around the world will not only put Southern Ocean Lodge on their list of must-stay places, but it reinforces Kangaroo Island’s status as a must-see destination for international visitors.”

Source : http://www.theislanderonline.com.au/news/local/news/general/southern-ocean-lodge-named-in-worlds-best/1519712.aspx

Eco-Tourism greenery that makes Brunei so special :

As Brunei continues to develop and expand, some have raised concerns about what effect this has on the local environment, and rightfully so. With massive deforestation elsewhere in Borneo, Brunei's efforts with the Heart of Borneo project have become essential in combating the destruction of her incredibly rich flora and fauna. With over 70% of Brunei's land covered with primary rainforest, Brunei is one of the most densely covered countries in the world, with hundreds of species of animals native only to Brunei. Unlike other countries, a visitor only has to take a boat ride down the Brunei River, or even a short walk into the jungle to encounter thick mangroves, proboscis monkeys or maybe even the occasional crocodile. One of the most beautiful things about Brunei is the way in which its wildlife seems to blend in with the new man-made environment. Take Mabohai's famous monkeys for instance, built just in front of a thick jungle, the troupe of monkeys that frequents have probably been there for longer than the supermarket itself. Rather than utterly wiping out their habitat, people do their part by feeding them and it's not uncommon for shoppers to see the occasional monkey swinging from a lamp post or casually strolling around the parking lot. Whilst the occasional monkey might be an appealing feature for some, similarly, the monkey population is strong enough to steal fruit off of fruit trees in residential areas. Easily remedied by putting black plastic bags over the fruit, this relatively mild response is symbolic of the easy going relationship here in Brunei between humans and wildlife. With such bountiful natural gifts, Brunei is a prime target for a booming eco-tourism industry.

For further details as : http://www.brudirect.com/index.php/200906241334/Local-News/green-bruneis-eco-tourism-potential.html

Australia started three asia-based international business

Australia's Toll Group has acquired three Asia-based international express businesses: Deltec in Hong Kong, Singapore and Australia plus two additional small businesses in Hong Kong, Kwikmail and Skynet (Hong Kong). “The businesses will be integrated into Toll Priority, which is expanding its Asia-based express courier business," said Paul Little, managing director of the Toll Group. Toll Priority is the express parcel and document division of the Group, with operations in Australia, New Zealand and the Pacific islands.Our customers increasingly expect Toll to provide them with international solutions to their logistics needs,” said Little. “With annual consolidated revenue of around A$12 million, these acquisitions, in the strategically important hubs of Hong Kong and Singapore, provide a key platform in Toll’s ongoing growth and development in the region. “Hong Kong is the busiest cargo airport in the world and Singapore is the eighth busiest and the busiest in South East Asia, so boosting Toll’s presence in these markets is an important advantage for our customers.

Source:www.impactpub.com.au/aircargo/index.php?option=com_content&task=view&id=3943&Itemid=60.

Docters medical accomplishments are gift to mankind:obama

President Obama addressed the AMA’s House of Delegates last week on June 15. He was the first president to do so since Ronald Reagan, twenty-six years ago, on June 23, 1983. These two speeches were surprisingly similar in their contents but also remarkably different in the messages they sent.In 1980, when Reagan assumed office there were the malaise of the Carter years and the worst recession since World War II. Trouble in the Middle East and the rise of Islamic fundamentalism were just the beginning of his problems. The economy was in near collapse. Inflation was in double digits and unemployment was high. Interest rates paralyzed credit markets; people couldn’t get affordable mortgages and the housing market was at a complete standstill. Medicare spending was through the roof and there were 31 million people who were uninsured. High medical inflation was making costs unsustainable, jeopardizing the quality of and access to health care and having profound effects on the rest of the economy. 0Reagan did not address the AMA as soon as he assumed office, but three years later. In fact, he was at odds with the AMA, and there was every expectation that he would not be well received. In his first term in office, he reformed health care and one of those reforms was an open wound for doctors. There was no fanfare or bravado over these reforms mainly because they never received much media attention when they were debated in Congress, at least not in the beginning. History essentially forgot Reagan’s contributions. In fact, President Obama totally ignored Reagan in his speech when he credited other presidents for tackling health care, even Bill Clinton, who tackled it and failed. Reagan’s speech was short, half as long as Obama’s, and accentuated with his self-effacing humor so characteristic of his style. He began, “Let me start by saying as strongly as I can, the quality of American medicine is unsurpassed…America's doctors have no peers. Your medical accomplishments are a gift to mankind that honors us all.”At first there was only polite applause, but, halfway through, he totally won them over. “Back in 1847 a group of 250 physicians convened in Philadelphia to establish this American Medical Association. Well, I'm going to tell you exactly what I told them. We have the best health care in the world, because it has remained private.” This was met with both raucous laughter and prolonged applause. Reagan then began to remind the audience about what he already accomplished and about what he hoped yet to achieve and needed their support. Among those things that he accomplished were the prospective payment system that controlled spiraling hospital costs which is still in place today, the streamlining of the FDA’s drug approval process enabling breakthrough drugs to get to those who need them more quickly and the Orphan Drug Act which encouraged the development of treatments for rare diseases that killed and crippled tens of thousands of Americans, He proposed a limit on tax deductions for high-priced health plans making most employer contributions for health benefits tax free, encouraging employers to provide affordable health benefits to employees. He also proposed and later passed the Medicare Catastrophic Coverage Act.

For further details visit at:www.examiner.com/x-10183-DC-Health-Care-Examiner~y2009m6d24-Obamas-address-to-the-AMA-vision-of-the-future-or-a-warning-to-doctors

Economy has a backseat in restive Lalgarh

Economy has taken a backseat in restive Lalgarh where security forces have launched a crackdown to reclaim territory from Maoist-backed tribals. Business establishments, shops, small factories, transport services and even central government programmes like National Rural Employment Guarantee Act are not functioning due to the strife between the Maoists and security forces. Tribals are unable to enter forests to collect kendu leaves which they sell for a living for fear of being rounded up by security forces. Admitting that restoration of faith among the business community and the villagers was necessary, West Midnapore district magistrate N S Nigam told PTI that 'until they feel they are safe, it is difficult to resume normal business'. "We are beginning the process of confidence building measures like providing relief to the people," he said. Banks, petrol pumps and public transport system have also been affected for the last eight months due to frequent bandhs in the area. The Maoists and PCPA activists after taking control of Lalgarh and adjoining villages, had initiated some parallel job schemes allegedly funded by extortion money. This had benefited the people in the jungles and adjoining villages for sometime through work like constructing kutcha road, digging ponds and boring tubewells. However, after a few months this work also stopped, leaving the villagers high and dry as they were unable to take the benefit of any government scheme as the administration has been non existent here in the vast area since November.

For further details visit at:business.rediff.com/report/2009/jun/24/business-hit-in-lalgarh.htm

Let's make the web faster:google

The Google Code blog announced today the debut of yet another developer resource, this one focused entirely on making Internet browsing "as fast as turning the pages of a magazine."The new site will be all about performance, "from Internet protocols to the browser to website development." When the Web is faster, the apps are faster; those idealist Googlers seem to think we should be browsing through pages, running complex apps, viewing enormous images, and streaming HD movies without delays or lag time of any kind.Google's main concerns are related to updating protocols such as TCP/IP and HTML, improving browser performance to keep up with JavaScript development, creating more responsive apps and better-optimized pages, and ensuring better broadband access for more people.Along with the new site, Google released this video explaining their intentions:As with many Google initiatives, this one will require cooperation between all kinds of entities, from ISPs to web standards organizations to individual developers to end users; and it will require an immense advocacy effort for, as one performance evangelist put it, "changes, enhancements, or even alternatives" to the current standards and protocols that make up the architecture of the web.This initiative also extends to the mobile web, the unloved stepchild of the Internet that has suffered the bitter rebuke, "Perhaps next year will be the year for mobile," for many years running. Google predicts a faster, better mobile web experience will lead to higher adoption rates and more mobile commerce.Check out Google's stable of articles on optimization, including Google videos and "Tech Talks" with speakers from non-Google organizations. Google's also got a Make the Web Faster group, and Google Moderator is hosting a forum for performance-enhancing ideas and discussion thereof.

For further details visit at:www.readwriteweb.com/archives/google_wants_to_make_the_web_faster_debuts_speed_n.php

HP's introduce new business Netbook

One of our all-ime favorite Netbooks is the HP Mini 2140, a brushed-metal system from HP's business line that's a cousin to the consumer-focused Mini 1000. Interestingly, it's one of your favorites, too, as the Mini 2140 is the fourth most-viewed laptop review on CNET. The revamped, and actually quite different, Mini 5101 trades the silver metal look, with a slight curve to the lid, for a more squared-off design in black brushed aluminum. HP's Ted Clark, senior vice president and general manager, Notebook Global Business Unit, calls it, "truly a work of art, a sophisticated companion PC crafted for the trend-savvy mobile professional who needs functionally, durability and style." We're not sure we'd go that far, but it is a pretty slick looking Netbook. We always liked the HP Mini 2140 for it's solid construction and high-end extras, such as an ExpressCard slot. The new version loses the ExpressCard, but adds a default 7200rpm hard drive and an optional higher-resolution 1,366x768 display. An optional, integrated Gobi-powered HP Mobile Broadband module will also be offered, along with some custom syncing software for organizing files between desktop PCs and portable Netbooks (and HP has promised us it will work better than the broken version of the same software found in the recent HP Mini 110 Netbook).

for further details visit at:news.cnet.com/8301-17938_105-10271538-1.html

Learn to turn business news into new business

For an interactive workshop that will teach you how to use Business First to grow your business and career. We will provide you with time-saving strategies for getting what you need out of Business First before the issues pile up in your office. We will show you how to turn that stack of papers into a pile of opportunities.

For further details visit at:www.bizjournals.com/louisville/event/6152

Get MLM Lead - The best way

It is easy to get excited about starting your first MLM home business. After all, the prospect of setting your own hours, working from your own office, and writing your own paycheck can be very attractive. Unfortunately, when most marketers run into difficulty finding good MLM leads, their enthusiasm begins to wane. As a result, almost 95% of MLM marketers give up before they ever make a dime. So how do you get good, qualified MLM leads? The answer, clearly, does not lie in pestering your friends, family members, and coworkers. Unless they have expressed a sincere interest in joining and learning an MLM opportunity, you are just wasting your time - and theirs. Even worse, it is easy to erode relationships by pitching to those whom you already know. Instead, the answer lies in magnetic sponsoring. Savvy marketing companies like YourNetBiz (new brand for Myinternetbusiness ) teach recruits an attraction marketing formula that helps them find prospects who are genuinely interested in the YourNetBiz/Myinternetbusiness opportunity. To obtain good MLM lead, focus your marketing efforts on solving your prospects’ problems and identifying their goals, not on the opportunity you are offering. Your marketing materials should resonate with people who are ideal prospects for your MLM home business.

For further details visit at : www.buzzle.com/articles/the-best-way-to-get-mlm-leads.html

Shekhar Const diversified into hospitality business

Delhi-based Shekhar Constructions has recently diversified into hospitality business by forming Shekhar Resorts Ltd. The company deals in multipurpose construction projects on a contract basis with the Uttar Pradesh, Rajasthan and Jharkhand governments. The group’s first property 'Orient Taj' will be operational by September 2009 at Fatehabad Road in Uttar Pradesh. The approximate investment amount for the project is Rs 100 Crore. In addition, Shekhar Resorts has acquired 10 acres of land in Greater Noida to develop a recreational club. According to Amar Singh Rajput, Executive Director, Shekhar Resorts, “Hospitality is a booming business and we see a lot of scope and potential here. The upcoming property will be completely owned and managed by us. We will hire the most skilled individuals at the Head of Department level.” Targeted at leisure clientele, Orient Taj has 153 guest rooms including deluxe rooms, suites and apartments. In phase I of operations, 112 rooms will be launched and the remaining will be operational at a later phase. Other facilities include spa, bar and restaurants. Speaking about the hotel’s USP, Rajput adds, “The hotel will be built as per the resort concept, giving the guest a leisure feel. Every guest room will provide a view of the garden, fountain or pool.” The hotel will have around seven to eight blocks, each housing around 17 guest rooms; the rooms will all be located on one single level. However, the reception for all the blocks will be in the A block.

Source : www.hospitalitybizindia.com/detailNews.aspx?aid=5269&sid=1

Business confidence nearly improved

Business confidence has nearly doubled during the past quarter but only half of companies think the UK has now reached the bottom of the downturn, research showed. Around 42% of senior executives think their business prospects are now good, up from just 22% during the first quarter of the year, according to KPMG. At the same time, only one in four executives think their prospects are still poor, compared with 37% in the spring. But despite their optimism about their own prospects, business leaders are far gloomier about the wider economy, with 54% considering the UK economic outlook to be bad, although this is an improvement on the 81% who felt this way last time the research was carried out. Around 55% of executives now think the economy has reached the bottom of the cycle, with 49% expecting the recession to last for less than a year, but 42% think the economy is still on a downward curve. One in three executives also admitted that their company is experiencing financial difficulties, with 51% facing higher financing costs and 53% experiencing tighter borrowing conditions. Overall 41% of companies said their banking relationship had worsened during the quarter. Malcolm Edge, head of markets for KPMG in the UK, said: "While it's encouraging that there has been an increase in confidence, this is only an improvement co mpared to the spring which revealed the lowest levels of optimism since our survey began in 2004. "Opinion is divided over whether the economy has dipped to its lowest point or whether worse is yet to come. I think we are somewhere close to the bottom and that we may need to get used to this uncomfortable position. "The jury is still out as to the likely shape of the recession and an 'L' shaped one - with a long period of relative stability but nothing constituting a recovery - cannot be ruled out." He added that the issues affecting the economy during the past year, such as weak demand, spare capacity, margin pressures and funding issues would not magically disappear.

Source : www.google.com/hostednews/ukpress/article/ALeqM5ikrYHCtOSQqWx3qfV858J5tvJGYg