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Stock markets are expected to remain volatile this week as Dalal Street will be buzzing with key events, including release of IIP, monthly inflation data and monetary policy, say experts. "The week will be an eventful one for the domestic bourses as the IIP data, November monthly inflation figure and monetary policy are scheduled to be announced. Market is expected to remain volatile with a downward bias," Shanu Goel Senior Research Analyst Bonanza Portfolio said. The IIP data will be announced on December 12, followed by November monthly inflation on December 14 and RBI monetary policy review on December 16. Profit-booking in a truncated trading week saw benchmark Sensex closing 4 percent down last week. The government's Mid-Year Analysis lowered the country's GDP growth forecast for this fiscal to 7.5 percent (plus\minus 0.25 percent) from the earlier projection of about 9 percent. Expressing positive sentiments, Unicon Financial Services CEO Gajendra Nagp...

By Rajeshwar Upadhyaya By the time one realises the difference between tirelessly wanting power and then living with power alone for all your life, the damage has already been done.. Marlowe, a famous Elizabethan playwright, may perhaps have surpassed Shakespeare but did not live long enough. He is credited with reintroducing the concept of High Tragedy to the European thought for the first time since the ancient Greeks. Doctor Faustus is his most famous and enduring play dealing with a learned man who sold his soul to the Devil in return for power and knowledge. The good doctor already has ample knowledge; he feels exhausted with the gigantic amounts he already knows in many schools of wisdom. He also feels they are arid and not really of value, rejecting in turn, Logic, Law, Medicine and Theology as being incomplete and unsatisfying. In his hubris of being the most learned man of his time, one who has literally reached the limits of each field, Faustus decides to learn Magic an...

We first need to assess if there is an opportunity and if there is a real need. If you look at both perspectives, the answer is yes; but the question is who has this need? Both the government and the industry need people to be skilled. The Government ought to leverage India’s demographic dividend but currently there are several segments which are not a part of the India’s growth trajectory such as the tribal groups, majority of rural population and BPL(Below Poverty Line) youth in both rural and urban areas. I am sure this serves the interest of the industry as well since industry has a pressing need of finding people with adequate skills to fulfill their growth plans. Therefore, there is a huge opportunity for multiple players to provide solutions. The challenge this industry faces is that this exercise has never been done before to the scale and size that India needs today. We are targeting 500 million people to be skilled by 2022. There are two issues: firstly, how do we mobilize t...

By most accounts, India is among the world's fastest-growing markets for mobile phones. The country has some 170 million subscribers and adds 6 million to 7 million more each month. (China, in contrast, adds 5 million subscribers, and the U.S. 2 million subscribers a month.) Recognizing this potential, several global telecom giants jumped into the fray when the Indian government first opened up the country's telecom market to private enterprise in 1994. Among them, one company -- Finland-based Nokia -- forged ahead of rivals and today commands a 58% market share for mobile phones (also called "handsets"). In specific segments, such as GSM telephony, Nokia's market share in India is as high as 70%. (GSM, which stands for Global System for Mobile, is the world's most popular standard for mobile communications.) How did Nokia take the lead in the Indian mobile phone market, ahead of companies such as Ericsson, Motorola, LG and Samsung? According to compan...

Business Development International - China Advisors - Mr Robin Nunley We deal with many executives who are responsible for China business and they mention these critical problems when developing their business in China: • The influence of government in industry and commerce • Rapid changes in the economy; difficulty in obtaining an overview of what is actually happening; • The differences in business culture between “East” and “West”; • Everything takes too long; • The problems of negotiating with the Chinese and determining what they really want; • The blatant use of manipulation and tactics in negotiation; • Intellectual property risks; Our approach as consultants is to: • Utilise our experience of international business, sales and marketing, market analysis, human resource development, business planning and strategy formulation to provide our clients with a multi-disciplinary capability; • We improve the cost effectiveness of client assignments by: • Clear...

The training industry in India is a sunrise industry with a lot of potential. IndiaCan Education Private Limited, a 50:50 joint venture with Educomp Solutions Limited and US-based Pearson Education, plans to open 250 centres across India by the end of this financial year. It aims at training over 500,000 persons annually and to make them 'ready-to-deploy' in the industry by 2012. "Currently with 50 centres, we plan a pan-India network of more than 600 vocational training centres in the next 12-18 months. Each centre can realistically enroll about 1,000 students," as per Srinath Venkatesh, Vice-President (sales, marketing and operations), IndiaCan Recently, Sharekhan and California-based Online Trading Academy have entered into a joint venture to provide trading and investing education in India. Core Projects and Technologies Ltd has signed an MoU with Gujarat Knowledge Society (GKS) to impart job-oriented skill upgradation courses to students from various dis...