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Archive for April, 2010

Search engines in vogue as the latest promo tool

Posted by admin On April - 29 - 2010

o    According to IAMAI, there are about 65 mln people who use search engines in India and the market size for search engine advertising is estimated at Rs. 236 cr.
o    India still forms only a small fraction of this big $10 bn global opportunity, which is expected to touch j$23 bn in the next four years.

Clearing Corporation of India Limited

Posted by admin On April - 29 - 2010

Clearing Corporation of India Limited
o    It is the clearing and settlement body for all transactions in government securities and foreign currency.

Mandal Commission and reservation for OBCs

Posted by admin On April - 29 - 2010

Mandal Commission and reservation for OBCs
o    The Mandal Commission that looked into the issue of extending reservation for OBCs has based its recommendations on the 1931 census to make out a case for reserving 27% of the seats in government jobs and educational institutions.
o    Round 2003 of the NSS (National Sample Survey) states that non-Muslim OBCs comprised a mere 23% of the total population.

China’s overseas trade

Posted by admin On April - 29 - 2010

China’s overseas trade
o    Is expected to touch $400 bn by 2010.  Currently it is at $158.2 bn in FY05.

The easiest places in the world to business

Posted by admin On April - 29 - 2010

The easiest places in the world to business – Singapore, New Zealand, US, Hong Kong and the UK.

Azim Premji Foundation

Posted by admin On April - 29 - 2010

Azim Premji Foundation
o    Today it reaches out 16,600 plus schools, nearly 3 lk children and about 60,000 teachers with a team of 250 professionals and over 1000 paid field volunteers.

The Selection process of UN Secretary General

Posted by admin On April - 29 - 2010

Selection process of UN Secretary General
o    A candidate has to be recommended by the Security Council to the General Assembly.
o    This recommendation can be made only when a candidate secure at least 9 votes in the 15 member Security Council without any vetos.
o    Only one candidate can be recommended by the council to the General Assembly.

Veraval, the frozen fish trading capital of India

Posted by admin On April - 29 - 2010

Veraval, the frozen fish trading capital of India
o    It is a small town barely 10 km away from the Hindu pilgrimate town of Somnath in Gujarat.  It currently exports about 1,22,000 tonnes (worth Rs. 934 cr) of frozen fish to various parts of the world.

Indian Housing Scenario

Posted by admin On April - 29 - 2010

Indian Housing scenario
o    A recent report has estimated that by 2030 India will need up to 10 mln new housing units per year.
o    Currently there is a housing shortage of 20 mln units.

The First Hedge Fund

Posted by admin On April - 29 - 2010

The first Hedge Fund
o    As early as 1920s Benjamin Graham has managed a hedge fund, according to Warren Buffet
o    He was differing with the view expressed in the magazine “Financial History” which stated that the first hedge fund was started in 1949 by Alfred Winslow Jones.

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