Banks Financial Analysis

Strategic window in a dynamic market

What is the strategic framework?

long-term strategic window is the limited periods during which the "fit" between the basic requirements of the market and the special talent to a competitor in this market is still at an optimum. In this paper we will use the case VXL Instrument to develop the concept.
What is Business VXL on that?

companies VXL Instruments and to enable all parts of the world on a flexible and secure building, manageable and effective in terms of infrastructure for information technology costs. Its range of thin client devices helps companies to beat the aging desktop cycle, internal resources free from jobs is productivity, and save millions of dollars spent in securing systems. Thin client server computing is a model which focuses on application software, data power, the CPU on the network server rather than on the client won computer.VXL tools "at the top IT- hardware source Prize in the category of non-SSI-" for the year 06-07 .
dilemma VXL in

VXL leader in the manufacture of thin client devices and commands 11% share in the global market instruments. Have the largest share of sales come from exporting to the United States and the European Union. And trying to explore new markets in India for thin client devices have company. Rivals such as Wise and HP offers a variety of products not only in the west but also in India. Therefore, it is time to start thinking about that company in the Indian market.
how to market TC in India?

company's products such as TC23xx and reliable and effective TC73xx cost. And (thin client) TC can help in eradicating various pain in server-based computing. It is very useful in the case of SMEs (small and medium-sized enterprises) where computing requirements are very specific. In the case of sectors such as hospitality, we need to explore the many valuable features open so they can charge a premium. The main challenges are the following:

1. How to provide maximum benefit to the product without a lot of the compound?

2. How to convince existing customers to change from a wealthy customer for thin clients?

3. How to market TC in India?

actually answer your third question will give us a framework for finding the answers to the first two questions.

it will consider VXL minimal risk from the company. It's more focused on the product of customer needs. Therefore, its products on a global level, but market penetration is not impressive. Presently, VXL markets its products through customer interaction and third party distributors like Priya Limited. This approach reduces marketing expenses but the approach has its own limitations.

In 05, the Mumbai-based distributor Priya Ltd invested $ 2 million (about Rs 10 crore) in equity in VXL Instruments. The investment was part of the trade finance arrangement that gave VXL $ 000000 (about 45 crore) aims to finance their growth.

VXL achieved expansion strategy and growth plans in order to increase the market share of thin client to 25 percent by 07-08. Made inroad in different sectors such as ERP, health, communication, education and banking planning with clients including SAP Belgium, Birmingham City Hospital, United Kingdom, the Department of Transportation India, BT List, IIM Lucknow, IIT Roorkie, Bank Haga Jakarta and HDFC India etc. but at present its stake in the much lower market target.
product awareness and awareness of the customer

We can divide nearly customers into two categories:

* Techno Savvy customers with financial muscle: This type of customers, already know about the products (TC), We need to convince them that thin client is the best client-fat option. The 5-star hotel next example Velankani group in the electronic city, Bangalore. Velankani and those in information technology and infrastructure, and they know about the technology and its implementation. According to Mr. R. Shiva Kumar (Information Management System, Velankani), these types of customers should be better approached when the product is in the embryonic stage. Once they get a rich client (FC) for their project, they will not be interested in TC due to switch more expensive. Here we need to market TC as a device that will not only reduce the total cost of ownership but also provide a simple solution for all comfort requirements.

* Less Techno Savvy with medium-range capabilities for investment: These types of customers do not have their own information technology department. They generally play safe and go for the fat client technology used by other players in their sector. More over they consider their own computing needs are minimal and can not find attractive IT investments. Here, we need to educate them about the different advantage of computing server is running and taking advantage of the TC FC. It should be dealt with these types of companies to provide a complete solution.

redefining the market

a lot, with the evolution of the markets, and the definition of basic changes in the market in ways that increasingly disqualify some competitors while providing opportunity for others. The trend towards marketing "system" of products rather than individual pieces of equipment provides many examples of this phenomenon. We will discuss this point with the help of state Docutel.

Docutel: This manufacturer of ATM machine company (ATM's almost) to provide all ATMs in the United States until late 1974. In early 1975, I found Docutel itself losing market share to the big computer companies such as Burroughs, Honeywell, and IBM as these manufacturers began to look at the banks total EFTS (electronic funds transfer) needs. Bank offered a range of equipment that represents a complete system for ATM, which was only an element. In essence, and its success can be attributed to the fact that they re-definition of the market in a way that appeared increasingly to deprive Docutel as a potential supplier.
conclusion

re-definition of the market is not limited to the banking sector. Are similar trends taking place in the scientific instrumentation (steel, cement and aluminum industries), process control equipment (Siemens, Vesuvius and SMS restore market definition); equipment industry machine tools and office and family (VXL is already a player) and equipment electronic control and some of the other examples. In each case, manufacturers based their approach on the marketing of individual hardware components are seeing their "strategic window" closing with the transmission of producers of computer systems to take advantage of emerging opportunities. The HP TC market and exploited enough by virtue of some aggressive M & A. In India, companies like HCL Technologies and Satyam are planning to enter the TC market as a total solutions provider. Wipro is also exploring opportunities in the small and medium enterprises. We can expect Wipro to venture into this sector in the near future.

With the growing competition in the small and medium enterprises have also become lean. Most companies keep track of Making to order manufacturing philosophy. All of these need the free flow of materials, information and financial urgency. The practices are changing, many new applications of networking technology have evolved. Here, we can see room for VXL being a provider of advisory services and not just the product manufacturer.

Pickup truck with money

There are many ways one can use his / her pickup truck to earn a lot of extra money. Some of it is easier than you think, and do not require additional logic.

To start, let's first understand what is used for pick-up truck. Pick-up truck, known as the utility vehicle. Because of its ability to take on more things than a normal car, it also acquired as an ideal way to load some kind of advantage.

pick-up truck can be good to carry things from one place to another all much easier. From this you can get a lot of ideas to make money by placing a pickup truck for your rent.
soon, you can pick the possibilities and can identify the needs of your community, such as using a pickup truck to be rented as:

car to transport - many people cut costs and find it's cheaper to rent a small company to help them transition. Given that stuff enough to fit your truck. It is a way more practical than hiring a professional moving company to just a few things.

pull the car - you can maximize the use of pick-up truck through the establishment of Qatar, you can start small and look for possibilities of services diameter, and if it works for you, you may soon be able to expand these jobs.

metals - junk in the yard of the local private junk, you can ask around for prices of steel, copper, aluminum and be surprised how much it can earn you.

and the average is $ 10 per 100 pounds of steel. The average aluminum price of about $ 0.70 per pound. Copper is about $ 2.50 per pound. You can look around your neighborhood for metals that are unused or available to anyone. Make sure it is not the property of any person so ask around. Using a magnet, you can make your job easier by separating metals.

as you pull your discoveries in your truck be sure to secure them to keep them healthy and prevent the risk of endangering the safety of others and.

as you embark on your money making adventure with a pick-up truck, your must always remember some of these things that will help to increase your revenue:

announced! - Put up signs, and let family and friends know and ask them to pass it.

use the Internet wisely - whether to search, inquire or another about your new job to be sure to get the correct information and give them accurately.

always be law conscious - when you think it's illegal, chances are it is. So do not risk your reputation in this regard. He does not deserve.

If you are in doubt consult legal advice, like any rule taught, did not sign anything you do not understand or have not read. I will save you a lot of trouble fully with the authorities and will give you more time to think about the best ways to make money using your pickup truck!

Shakti project - and Win Win situation

"Our partnership with Sphinx businessman countryside offers profitable business model while working i Shakti kiosks as well, and a low-cost delivery and customized products will result. At the top of the benefit through the promotion of the economic gains for consumers in rural areas. "

~ Mr. Nachiket More

Executive Director, Wholesale Banking Group
ICICI

"There is incredible potential in rural markets. Where the growth will come from."
~ badges D., Director of Hindustan Lever of new ventures and marketing services

Sankaramma, leader of the Kanaka Durga self-help local group (SHG) belongs to the village as Thimmapuram in Muddaner Mendel at Kadaba district of Andhra Pradesh. The village had 350 households with a population of 10.5 Sankaramma hectares of agricultural land is not enough for six members of his family due to severe drought in the region. She started work in April 03 with the newspaper Hindustan Unilever Limited and by 05, she had a regular monthly trading value of Rs.10,000 per month. Initially it sold door to door, but then began to customers visiting her home for the products. See Shakti project as a means to a bright future for their children. Project Shakti has to provide meals also enabled the middle of the day in elementary school in her village. Today, Sankaramma became a key figure in the development of her village.

Usha Sarvatai traveled, a mother of two, 32 km every day to work. The income of her husband, is not enough to have two children and parents of the old guardians. But long-distance and timing of the odd forced labor Usha to finish the job. Then I got a call from a government department. To attend the meeting, which was held by Project Shakti. Usha became Shakti Amma began the new project. In a short period of good relations he helped it put her with the villagers do good business. She says: "I am happy to meet the requirements of my family and the people give me a lot of respect today." It is now very keen to grow its business in the coming years.

The list does not end here. Hindustan Lever Ltd., a subsidiary of Unilever counting on thousands of women like Sankaramma and Usha Sarvatai to sell their products to consumers in rural areas could not reach before. By 05, about 13,000 poor woman sells the company's products in 50,000 villages in 12 Indian states and contributed 15% of the rural company's sales in those countries. Women typically earned between $ 16 and $ 22 a month, often doubling the family income, which was used for the education of their children. Overall, about 30% of the proceeds from Hindustan Lever came from rural markets in India

began in late 00, and Project Shakti enable Hindustan Lever to reach 80,000 of the 638,000 Indian villages. Hindustan Lever, director of new projects across proudly, "At the end of the day, we are in business, but if by deal we can do something positive, it's great model win-win situation." Hindustan Lever was not the only company to recognize the possibility of marketing a wide in rural areas in India. With market saturation in urban areas, business re-engineering and product companies have begun to target consumers in rural areas who are poor but are rich in expectations fueled by the media and other powers.

Unilever in India: money and growth

was

Unilever, the world's largest commodities rapid consumer movement (FMCG) company with global revenues of 55 billion $ in 05. It's Indian subsidiary, Hindustan Unilever Limited (Hol) was the largest FMCG in the country with combined volumes of about 4 million tons and revenues close to $ 2.43 billion for it. And include major brands Sphinx Lifebuoy, Lux, surfing Excel, Rennes, wheels, exhibition and beautiful, and the pool, Sunsilk, Clinic, Pepsodent, Close-up, Lakme Cosmetics, Brooke Bond, Kissan, Knorr-Annapurna, Quality Street etc. These were made on 40 factories across the country.

In 1931, Unilever set up its first Indian subsidiary, Hindustan VANASPATI manufacturing company. After it was founded Lever Brothers India Limited and the US Traders Ltd. in 1933 and 1935 respectively. In November 1956, these three companies have merged and form the Sphinx. Shares of Unilever in the Sphinx 51.55% in 05 and the remainder of the contribution distributed among about 380,000 individual shareholders and financial institutions. And the Battle of acquisitions came after that. In 1984, Brooke Bond Unilever joined the fold. Lipton has got in 1972 and ponds in 1986. The Sphinx was following diversification growth strategy is always in line with India's views and aspirations.

economic and political development in the 190s has shown a reversal in the Sphinx and the curve of growth for the group. Economic liberalization allowed to explore in every product sector and the chance of one company, without any restrictions on production capacity. On the other hand, allowed the lifting of restrictions alliances, mergers and acquisitions. In 1993, the Sphinx merged with Tata Oil Mills Company (TOMCO) in 1993. In 1995, the Sphinx formed a 50:50 joint venture with another Tata company, Lakme Cosmetics Limited.

The company has also made a series of mergers and acquisitions and alliances in the food and beverage sector operations. Some of these gain Kothari Foods year (1992), Kisan (1993), business Dollops ice cream from Cadbury India (1993), modern foods (02), shrimp cooked and business Pasteurised Crabmeat amalgam group of companies (03).

with 12.2% of the world's population living in the villages of India, it was a market for consumer goods in rural areas of the country's enormous potential. The Indian consumer goods sector the fourth largest sector in the economy with a market size of $ 13.1 billion. It was expected to grow by more than 60% by 2010. In 05-06, India accounted for urban 66% of the total consumption of consumer goods, and rural areas in India, which represents 34% of the remaining sector. However, rural areas in India, consumption accounted for more than 40% in the major categories of consumer goods such as personal care, fabric care, and hot drinks. Companies bidding consumer goods such as HLL, first NIRMA ITC joined the foray to benefit from the huge potential.
In the 190s, a local Indian company, the first NIRMA Ltd. which provides detergents for the rural poor at the lowest cost. The company has created a working system with a new product formulation of low-cost manufacturing, distribution channel and wide, special packaging and value pricing. A decade later, he became the first NIRMA one of the biggest brands detergent makers, with a market share of 38% and 121% return on capital employed.

In 02, the center has established a network of kiosks on the Internet, e-choupals, to help farmers in their purchases. Initiative with soybean farmers in Madhya Pradesh began and then expanded to cotton, tobacco, shrimp etc. ranging from six e-choupals in June 00, and rural on the Internet for the International Trade Centre and the initiative has linked the 00 Indian villages with about 10 choupals e-mail by 02. Create its per-choupal involves an investment of Rs 1.3 lakh .kant goals from behind the e-choupals to allow purchases one place and point of purchase, allowing farmers to sell their products directly to the ITC on the basis of updated current prices prevailing in the market. This eliminating middlemen and thus helped ITC to cut costs.

In 07, about 34% of product sales FMCG came from rural areas. The number of households using consumer products in rural areas in India rose from 13.6 billion rupees in 04 to 14.3 billion rupees in 07. This growth has been achieved in the average growth of 1.8% year-on-year in the number of households that use at least one product commoditization. However, the growth in the level of penetration of the Consumer Products does not fully himself. According to one study by the market IMRB research company, the monthly consumption of detergent soap and toilet stagnant remained largely with the penetration 92%, but that of shampoo liquid has grown from 68% in 04 to 83% in 07. These figures are revealed shift toward higher-value products among the rural market, from toothpowder to toothpaste or from unbranded to branded products. According to the director of the project a large international IMRB, Manoj K Menon, "one of the most important changes, including the growing preference towards branded products. For example, in the food and beverage sector, it has gone penetration Atta described up on an annual basis in the year by 8 percent, salt, described by 3 per cent and decreased penetration Atta unbranded 1 per cent, and salt by 3 per cent. "

this effort HLL Marketing: Go to the rural market

competitive advantage

Sphinx was born out of three Resources. First, it's powerful brands and well-established second manufacturing capacity and a series of local supply, and the third sales and distribution of a wide system. And soon saw that the Sphinx sales and distribution system, which protect them from competitors will be repeated soon from its competitors and maintain its edge, the company had to increase its deployment outside of urban markets. So far it included the Sphinx operations of more than 00 suppliers and associates. Distribution network consisted of 4,000 agents, which covers 6.3 million retail outlets accessible to the entire population in urban areas, and about 250 million consumers in rural areas.

usually sent goods produced in each of the 40 factories Sphinx in a warehouse with the help of a book agent and freight (CFA). The company had a warehouse in every state in the country. The CFA third party and got stock service charge and delivery of products. In every city, there was the treasurer of the redistribution (RS), who took goods from the CFA and sell them to retail outlets. By the late 190s, the Sphinx management realized that some of the problems with the current sales model. First, the model is not viable for small towns with a small population and small business. Sphinx and found it expensive to appoint the treasurer and one exclusively for each city. Second, the retail revolution in the country to change the pattern of customers shopping. The establishment of self-service stores large retail. In response to these problems, the redesign of the Sphinx sales and distribution channels, and it was known that the new system as the 'diamond model in the company. At the top end of the diamond, there was a self-service retail stores, which constitute 10% of the total consumer goods market. Midfield fattest part of the diamond sales team representing nonprofit based center. At the bottom of the pyramid, marketing and distribution in rural areas, which represent 20% of the business.

almost three-quarters of the total 1.2 billion Indian population resides in rural areas, and most of them were from very low per capita income (about 44% of the urban counterpart in India). The urban market has reached a saturation point, and thus change the focus on rural areas in India. Compared with 5161 only cities in India there are 6,38,365 villages in India [Exhibit I]. Moreover, more than 70% of India's population living in villages and made a big market for the manufacture of consumer goods due to increased income and disposal and the level of consciousness.

show the I
distribution of villages in India

Source: Cash Ranjan, Dalip Sehgal and others. Al-Qaeda "global poverty: business approaches and solutions"., Http://www.hbs.edu/socialenterprise/pdf/3-Rangan&Rajan-Presentation.pdf

when HLL's turned in regions in rural India, it has faced many problems. In contrast with the low per capita income comparable to citizens in urban areas, there were some areas with enough money, but the level of awareness is very low consumption. Second, the demand FMCG countryside depends on the agricultural situation, which again depends on the monsoon. He also transferred a major obstacle. Many of the rural areas is connected by means of rail transport. Roads were unserviceable Kasha during the monsoon and interior villages get isolated. Besides transportation, there is a problem of distribution facilities and communications such as telephone, fax and the Internet. Moreover, live in rural areas are still governed by race, traditions and people do not just get used to the new practices. For example, even the rich and the educated class of farmers do not wear jeans or branded shoes. The purchase decisions in slow villages and delay. They wanted to give the prosecution and buy only after I was convinced. Finally, look at the poor illiterate villagers are more important than formal education and experience they estimated sales people who can provide practical solutions to their problems.

HLL approached the rural market with two criteria - access and portability [Exhibit II]. It was about 40% of the rural market can be accessed high commercial potential. To serve this segment, HLL was appointed co-treasurer who was responsible for all the ports and all the work in certain of his hometown. 25% of the market with the possibility of access to low labor, and the appointment of HLL's stokist retail, which was in charge of access to all the villages once at least two weeks and send the stock into these markets. This allows HLL to influence the retail stocks and the quantities sold through dealers credit and trade discounts extended. HLL launched this coverage indirect (IDC) in the 1960s.

to meet the market's needs can not be accessed with high potential HLL began work simplification initiative in 1997. HLL appointed distributors in rural areas and sellers Star. Seller star buy goods from distributors in rural areas and distributed to retailers in small villages using the local transport medium. In this way it came about 35% of the rural market can not be accessed under the control of HLL. But the market is still untapped - left the potential commercial market can not be accessed but low abroad. The estimated size of this untapped market to be about 500,000 villages with a population of more than 500 million people. At this stage, it has designed Shakti project.

The second exhibition
HLL rural market approach

High Possible Business
markets equipped with low business coverage indirect (25%) live coverage (40%)
markets do not accessible space for Shakti simplify (35%)
source: V. Castore Ranjan Rohithari Rajan, "Unilever in India: Hindustan Lever Shakti project - marketing of consumer goods to the countryside", Http: //www.caseplace. org /d.asp?d=244 - 27K

Shakti project

HLL quickly realized that although she had enjoyed the largest in the rural market penetration compared with its competitors, such as the first NIRMA and ITC, and limited direct presence to only 16%. The FMCG giant desperate to increase this share. Sphinx saw her dreams come true in the Indian rural market vast. The company is already working in rural development through the launch of an integrated rural development program in 1976 in Etah district of Uttar Pradesh. This was the program along with the Sphinx dairy operations included 500 villages in Aatah. Later, the company has provided similar programs in neighboring villages. These activities are mainly aimed at the training of farmers, animal husbandry, and the generation of alternative health and hygiene income and infrastructure development. The main issue in rural development to create income-generating opportunities for the poor villagers. Such initiatives, are associated with the core business of the company, and became a successful and sustainable, and proven to be mutually beneficial for both of ants rural clients company. However, there is still much to be done. Shakti project has been designed.

Following the pioneering work carried out by the Grameen Bank in Bangladesh, Her Help Groups (SHG) Rural Women was formed by several institutions, NGOs and governmental organizations in villages across India and bodies. It contributed to this group of usually 15 members of a small amount of money in a common fund and then small loans offered to a member of the group to invest in economic activity and usually approved. Partnership with these self-help groups, began HLL Shakti project in Nalgonda of Andhra Pradesh in 50 villages in 00. The social side of the Shakti project, which aims to create income generation for rural women poor capabilities, by providing a small chance of sustainable companies, and to improve levels of rural livelihoods through awareness of health and hygiene. Most of the women self-help groups, the project is seen as a suggestion Shakti strong business and is eager participants in it. There after it was extended in other states with a total force of 40,000 Shakti entrepreneurs.

HLL offers a wide range of products to self-help groups, which were suited to customers in rural areas. Invested significant resources in the Sphinx who work with women in the field and providing them with training to work and support the head. Sphinx has provided the necessary training for these groups on the basics of project management, and that women need to manage their projects. For women self-help groups, and this translates into a much-needed, sustainable income to contribute to the improvement of life and prosperity. Armed with micro-credit, women become distributors of self-help groups directly to the house in the rural markets [Exhibit III].

The third exhibition
market structure Rich HLL in India

Source: Cash Ranjan, Dalip Sehgal and others. . Al-Qaeda "global poverty: business approaches and solutions", Http://www.hbs.edu/socialenterprise/pdf/3-Rangan&Rajan-Presentation.pdf

Shakti: How it works

in general, has been selected a member of the self-help groups as one of the pioneers Shakti, referred also contributed to "Shakti Amma" received from the countryside HLL distributor. After being trained by the company, and man Shakti business then those goods are sold directly to consumers and retailers in the village. Every businessman Shakti usually served 6-10 villages in the layers of the population of 1,000-2,000 people with 4-5 major brands of HLL - Lifebuoy, wheels, Pepsodent, Annapurna salt and Clinic Plus. Apart from these, and includes other brands Lux, Ponds, Nihar and 3 tea roses. Given business Shakti HLL products on the `cash and carry basis. "However, local self-help groups or banks provided them with small loans where necessary. According to Dalip Sehgal, Executive Director of new projects and services marketing, HLL Shakti project is added up to 15% of HLL sales in rural areas in Andhra Pradesh . he also stressed that, given the aging of the country and underdevelopment of its women, the Shakti project like endeavor put everyone in a win-win situation.

I- Shakti : cross the border

encouraged by the goodwill and the success of the Shakti project, in August 03, launched the service HLL online rural Information, called I- Shakti, in Andhra Pradesh, in collaboration with the Rajiv Internet Pradesh village government of Andhra program for. the I- Shakti rural-based information service on information technology to provide vital information to the rural population in areas such as agriculture, education, vocational training, health and hygiene, such as [Exhibit IV]. the aim of the model I- Shakti to give the request need-driven information and services existing in the villages. It has been running
kiosk i Shakti by Her Shakti.

Security issues and hotel online booking sites and ticket

Internet has revolutionized the world quietly. It made it easy and quick completion of tasks, making us rely on it heavily for almost every aspect of our lives. I took one of the first revolutions in the banking industry, followed by ticketing services, after the US military made the ARPANET project from the public and allowed universities and companies to take advantage of this wonderful technology.

Interestingly, programming and computer nerds create primitive booking tickets on the Internet with the Java language, considered by many the language of the Internet systems. They do it for academic projects in schools and colleges, and these applications are small in relation to the commercial versions. However, the issue was discussed at making the reader aware of the popularity of theses existing online ticketing applications.

Now, coming to the main point, and often the ticket and book hotels online systems provide the option of paying the required amount on the Internet, which is referred to as the Money banking in the ordinary man's language. These sites use third-party plug-ins through the APIs, which integrate their database with the computer systems of the bank and servers through a knowledge network device by a program called payment gateway.

Generally, these are payment gateways are very safe environments that use a secured socket layer or SSL algorithms, which can be 64-bit or 128-bit encryption algorithms, based on the requirement. 128-bit SSL algorithms are the safest deployed in the public domain algorithms for the purpose of securing funds transfer environments and encryption of sensitive information with a highly secure and very difficult process to eliminate according to current standards.

problem, or rather the gaps lie with internal data storage mechanisms published websites to book a ticket by a third party. In some cases, to reduce the costs associated with maintaining high security standards, these sites do not take appropriate action to ensure that the information on secure payment in their devices. It may also be the fact that a server or database managers are not skilled enough to ensure that the stringent security measures.

It may happen that while taking any security breach anywhere on the part of your bank transfer system, there may be security gaps in the hotel or airline's own site. If they breached their devices and data is extracted appropriately by any expert hacker, and all your details on this financial package, including your credit card details, to be in front of the pirates.

hackers can simply download or copy the information to another system by itself and use the same to conduct unauthorized transactions and transfer of funds. Although the banks are using the dual-layered checking to mitigate these frauds methods, the process is far from complete proof.

So, think twice before you trust a third party hotel, and a ticket service. Even the best providers reservation vulnerable to such attacks, the server Hotel by the Internet service experts and they are doing very little to bridge the gaps in systems and servers of their own.

How to Run a Lyoness loyalty to $ 75 to $ 800 cash payments

What is the loyalty of $ Lyoness?

Lyoness loyalty dollars belonging to members of the Lyoness whenever making purchases of gas, groceries or goods in stores to participate. There are currently 367 major retailers in the United States that qualify. Although the Lyoness allows certain% of every deal to go back instant cash, and members of savvy allocates all of the benefits of Lyoness into account their loyalty because of the potential payout in the long term.

For example, BP Arco is a participating merchant with Lyoness. A member of the Lyoness system will determine the budgets and monthly gas brand new, the content of BP gift cards through Lyoness. Credit will Lyoness 2% of this purchase to members. 1% of the purchase may go to the cash account or loyalty account at the request of members. It will automatically be credited with the remaining percent in the loyalty account. The question is, why does not one of the members to take as much as possible in cash?

The reason is simple: to accept the criticism is "At the moment the money," which is the correct value obtained through the shopping and loyalty. $ 75 $ 75 Cash = Cash. Dollars and loyalty have the ability to grow and compound through the payment of compensation that can turn $ 75 dollars and loyalty to $ 800 more in cash system.

How could grow to $ Lyoness loyalty?

$ 75 to $ allegiance to the establishment of the accounting unit (AU). The establishment of the African Union and placed in a matrix shoppers. This is where the magic happens. Shoppers matrix is ​​filled by the accounting units created by the shopping Lyoness members. You must keep track of each unit of the two units. As a pile of these units, generating payments. Without going into minute, all of the African Union in the system details, followed by 70 evenly distributed Australian can generate payments up to more than $ 800 the following units of the original unit may be for you, or they may be owned by someone else. But each unit has to be placed somewhere, and more units that are created and stacked, the more potential payments to each member.

How are accounting units Lyoness happened?

got

loyalty of dollars before shopping, and then converted into accounting units. This Australian has a heap and turn them into batches.

When a member Lyoness you mentioned (see the friend) earns the accounting unit, and is automatically placed in your matrix shoppers. This Australian born by others may also pile along with yourself and turn them into batches.

win the Australian as a team

at A establishment that is placed in the system, it may help not only your shoppers own matrix, but also Members have referred shopping matrix as well. All units must pile when earned. Thus, the real advantage of the Lyoness membership is the sum of the common set of accounting units earned stacking and generate payments for all.

This program will be spent for their loyalty shopping through Lyoness is mutually beneficial. It creates a unique opportunity for friends and families to help each other financially by simply rerouting of natural gas, and grocery shopping and goods through the Lyoness group.

How long does it take to earn Accounting module Lyoness?

, which depends on the size of the money that was spent, and how often and by merchants. For example, a business purchase decision Vistubbrant through Lyoness will earn 2% Cash Back 5% loyalty bonus, totaling 7% in interest. Therefore, one can buy a $ 1,074 by the employer in Vistubbrant through Lyoness win one of the African Union (if directed all the benefits that loyalty).

The real secret to maximize the benefits of organic Lyoness is by being a loyal shopper at every opportunity, planning to double the interest on the 2-5 years, abs Members with other people.

Bonded and insured - what does it mean in reality?

I've heard that he asked several times before. Maybe you have even asked it yourself, but what bonded and insured really mean? Why you should ask vendors about this topic? This is really important?

First, I will explain what each means. Then, I will go into detail about what is important to these conditions.

There are only three types of bonds available. The first is the bail bond. This only applies to people who are trying to get out of prison, and therefore it does not apply to contract with the seller. The second is an employee dishonesty bond, or surety bond also called. The third is to ensure performance. Often used by the contractors to ensure their services.

I will skip discussing bail bond.

issued employee dishonesty bond, or surety bond by the insured to guard against theft. The issue of these in varying amounts. The most common is $ 5,000. I will use an example of how this would work. Let's say you hire a contractor to work on your home. In the process of working on your home, I noticed that some of your jewelry is missing. You can call the police and the bonding company. After investigation, it was determined that the contractor took your jewelry.

bonding company will then notify you that they will grant jewelry prices, or the maximum amount of covered bonds. Bonding company will wait for the conviction of the person who took your jewelry. If the officer decides that your jewelry is worth $ 6,000 and is a surety bond for $ 5,000, and will give you $ 5,000 because this is the maximum amount of covered bonds. There are conditions for it. The company will only award correlation value if you are not recover this item. The bonding company will award only after court conviction takes place.

taken

ensure implementation in order to ensure service or work. Again, another example. Let's say you hire a contractor to build a house of your dreams. The price for the construction of your home is $ 250,000. You can issue a surety bond for the project you expense of the contractor. This would cover you if the contractor tried to leave before the project is completed. Or if the contractor does not meet its obligations agreed upon in the contract. If you go through a bank to get your house built, they will most likely require that the bonds are issued to them, as they will be the greatest exposure to loss. Performance can be taken out bonds on a variety of things, but most often used in construction or contracting business.

speaks as an owner of the guard company, and there are things more important than bonds. There are many companies that cover theft internally. In other words, they have a policy on theft and cover the losses themselves, given the size of their companies. If it comes to theft, and simply ask up front and said, "What is your policy on employee theft?" Do you also want to ask about the background checks on employees. If a company is willing to cover the theft internally, you can be sure that they will be used to search for criminal background inaccurate.

As far as the matter of insurance, insurance that are referred to the so-called insurance on commercial general liability. This insurance provides coverage for a variety of things. Some of the things covered are: damage to your premise, personal injury, and complete products or processes (workmanship). I will break down each of these for further clarification.

damage to your buildings include accidents. If you hire a service call to strip and wax your floors, and they lose control of their equipment and damage the wall. This will cover the commercial general liability insurance. The deductible to be the responsibility of the contractor or supplier. There are a variety of things that can be damaged in your facility. If the paint scrapes, broken glass, or damage to your contents.

personal injury in this case will include members of your injury caused by the personnel sellers. Let's say that the same ground services company hit your members when they lost control of their computers. These cover some commercial general liability policies. It is important to look at the amount covered on these separate elements.

completed operations or workmanship and the wide range of items. If you do not call the same company service live up to their promises of stripping and waxing your floor, this would fall under the workmanship are finished. If damage occurred during this process, it is also the cover, and the same damages mentioned above.

to claim for anything covered by insurance on commercial general liability, and there are several steps that must be followed. First, we must contacted the insurance company as soon as possible. The insurance company then sends adjuster to assess the damage. Once the damage figure is established, the insurance company call you back about compensation for the damages that you have. If there is any discount on this policy, it is the responsibility of the contractor to pay for it.

There are many things that must be done when interviewing prospective seller. First, ask for a copy of the insurance. Then contact the insurance company to make sure the policy is valid and in good standing. You can also ask at this time exactly what is covered. This will be a big help before contracting with any vendor.

If you do not have insurance salesman, you are at risk of loss for something hurt. Sure you can file a lawsuit against their company if they hurt your facility, but if you do not have insurance, what are the odds that they have assets to cover your losses?

In conclusion, the most important thing is to look at the insurance on commercial general liability. If you do not have a vendor's point of view commercial general liability insurance policy, avoid them like the plague. If the seller tells you they have a commercial general liability insurance, and ask for a copy. Then contact listed at the top insurance company and verify the validity of this policy. Also, ask about the amount of coverage.

How to address the economic recession?

has been taking a number of steps, in recent times, to cope with the recession. Right from the day Barack Obama stepped into the shoes of the President of the United States, and the world was closely watching his steps.

Unfortunately, such a novice, President and stomping on the traditional path of the economy and began pumping money into the market, only to find the beneficiaries blowing away alms in luxuries and bonuses for executives rich! Perhaps, he said his advisers to fill the coffers of cash-starved banks with money and more money to overcome the crisis - just a short-term approach to address the long-term disease that took a lot of time to reveal itself in its true ugly form. And now, the president has gone before ordering prints dollars - a cool 1.2 trillion!

has been defined

recession as' negative growth. It is calculated on an annual basis on an annual basis. Gross domestic product (GDP) is a measure of the nation's wealth in terms of the overall economy, which is the sum of the total products and services valued at current prices. Indirectly, it is the sum of the net income of the population as well as some corrections in the fiscal year. The expense of growth in the year on an annual basis and it is not a simple formula. If this shows a downward trend, and the economy shows signs of slowing down. And saw an immediate impact on the work because the income does not match expenses. Added to this if there is inflation - the rising cost of living index - the dangers are even more than that. To reduce this, or to control inflation, governments cut interest which is expected to release more money in the market rates begin. Some governments might consider reducing taxes. This is at best a temporary corrective measures resorted to by any government.

certain of only one thing people. Unemployment. Who cares if people had to beg to make each for a living? It is a great wonder economists have sleeping even when signs began rising inflation threatens all over the world for almost a year. The journey from "Wealth of Nations" economy to the economy, "the welfare state" suddenly turned into a destination towards the economy, "growth." Countries like India, "taught" a lesson with the help of the International Monetary Fund to reflect on the growth rate of 9 percent when she was hesitant whether it should be 5.5% or 6%. Now, after continued growth of 9% and above for a period of two years, India finds a daunting task to keep up to 5%. Forget inflation, "deflation" is the current buzzword.

seems

one thing no one to ask is: where all the money gone? Certainly, I was not burned in the smoke. What are those pockets where (or was) reached. It seems that no one is keen to track it. In the overall puzzle of the bears and the bulls in the stock markets, there is a balance at any moment of time. There are some undesirable over-evaluation, especially in the real estate sector. But certainly, the money does not get buried in the ground.

economy is the fundamental value has not received due thanks to fancy ideas of Nobel Prize winners. You must understand any nation, and modernize and strengthen the basic building strengths, and the consolidation and growth. Tradition and others simply lead to serious consequences. It is like abandoning agriculture farms and eating industrialization.

Understanding, beatings and test modes

What are the "means test"?

means test was a late addition to the bankruptcy law (also called BAPCPA) to apply to all cases of bankruptcy submitted after October 17, 05.

behind the "means test" or "income test on basis "was understood that some of the well to do debtors and unfairly using bankruptcy to unsecured creditors account (mainly credit card companies).

before BAPCPA, debtors who have high levels of income and can afford to pay back at least some of its debt (credit cards) incur huge balances on their credit cards, and then file for bankruptcy, and the performance of all their credit cards .

test result that debtors with an average income mentioned above (this differs from state to state) you can not file Chapter 7 bankruptcy and can only benefit from Chapter 13 bankruptcy / payment plan.

Chapter 13 bankruptcy requires a court approved repayment plan to pay unsecured creditors over a five year period. This is in contrast to Chapter 7 bankruptcy, where that is usually discharged debtor's unsecured creditors with little or no payments go to these creditors.

is not surprising that most of it would be that the debtors would do instead of Chapter 7 with little or no payments to unsecured creditors of payments for those same creditors over the next five years.

In short, any debtor can file Chapter 7 if they earn less than the median household income for the state. If the debtor's income is above average and then Chapter 13 bankruptcy would be the only alternative available to ease the debt burden. If only ... the debtor can "win" average condition.

exceptions to the test on income

Assuming that bankruptcy Chapter 7 is better than Chapter 13. batting income-based test means finding a way to debtor above average to file Chapter 7 bankruptcy under the current provisions of the Code bankruptcy.

review, if the debtor has an income higher than the average then they could not provide the chapter 7 bankruptcy and can, if they choose, Chapter 13 bankruptcy file.

If the debtor greater than the median income for a family size, and then entered the test means prohibits the debtor to provide bankruptcy Chapter 7. However, the calculation of the initial income is only the first part of the test

under the Bankruptcy Code The following are exceptions to the means test:

exception No. 1: bankruptcy Code allows the debtor to ask the basic living expenses of the average income of their above.

when it is put up these expenses, if the income is still less than the minimum median income debtor eligible to Chapter 7.

exception No. 2: For disabled veterans (as defined by 38 USC §3741 (1)) that occurred in the first place during the time he was a veteran in the actual debt service (as defined in 10 USC §101 (d) (1)) or during the performance of homeland defense activity (as defined in 32 USC §01 (1)) does not arise presumption of abuse. Does not apply to the text and the way to these veterans or homeland defenders and they can always file Chapter 7.

exception No. 3: For reservists and members of the National Guard. The actual service or activity to defend the homeland. Members of the reserve unit of the armed forces, and members of the National Guard who have been called up to active duty (as defined in 10 USC §101 (d) (1)) after the Sept. 11, 01, for a period of not less than 0 days or who performed defend activity home (as defined in 32 USC § 01 (1)) for a period of at least 0 days and are excluded from all forms of means testing during the actual period of service or activity to defend the homeland Oll 540 days thereafter ( "exclusion period"). It means test does not apply to the Guard reservists and National and they can Chapter 7 file any time during the period of exclusion

exception 4: If your debts are primarily debt is consumer testing methods do not apply to you. Definition of bankruptcy "consumer debt" by law "... the debt incurred primarily for personal, family or household purposes." Ninth Circuit interpreted the term "primarily" in § 707 (b) (1) to mean that your non-consumer debt is fifty-one per cent less than the total debt. In re Canales, 377 B.R. 658 (Bkrtcy.CD Cal., 07).

In plain English, if more than half of your debt from a failed business, and income taxes owed to the last, or in "some cases" student loans, then the means test does not apply to you. If, for example, you have invested in several real estate and bankruptcy filing now and total loans on your rental property beyond personal debt by one percent at least, does not apply to a test means you. Here you can make a Chapter 7 even if your income is the average income.

If you are considering bankruptcy and you are the debtor above average, and choose a lawyer that will spend some time to help you determine whether you can beat the test methods and providing chapter 7.

ACH payment online: the benefits and disadvantages

automated clearing house (ACH) payments are electronic payments through Labor Organization Network Against Hunger, an electronic network to handle a variety of transactions occur in the United States States, with some of the most common ones are: deposits, payroll, bills and mortgage, utility bills, insurance bills, B2B (business to business) payments, e-payments. For businesses, ACH pay online has many advantages imbursement by check or money order, or telephone, and in particular:

(1). Timely payments

If you leave the mail or phone in payments, and many customers procrastinate, which translates into your business missing out on money that can be in their accounts, which may lead to a decline in the proportion of investment. While the delay in payment has not put out of business the company, and they do not make the current financial resources more complicated.

(2). Late fees less

while some fabulous entities from late fees profits, they can cause other entities to lose money in the form of loss of customers . While consumers always pay late fees on entities that essential services, such as banks, insurance companies, they often become non-payers when faced with late fees for services that are more dispensable. ACH benefit customer retention by helping to prevent late fees.

(3). Faster access to funds

imbursements ACH take less processing time than the standard debit and credit imbursements, approximately 1-2 days versus 2.3 weeks, respectively. Publish imbursements to calculate the company sooner rather than later allows them to achieve greater financial flexibility at the present time, especially if most of his income comes from ACH pay.

(4). Less ESC

with the traditional methods of imbursement out many of the expenses that ACH removes wage, such as: paper, mail, telephone and the staff of a large-scale. Automatic payments can also reduce the expense of the group's work, whether in-house or through outsourcing, they also make it difficult for late fees and missed payments to be realized.

defects

drawbacks of ACH wages are not flaws as far as the possibilities that should be addressed in order to benefit from this arrangement, such as:

(1). Data is stored off-site

can be found at

storing office data cheaply through software as a service (r), which specializes in data security, storage, or commercial services that offer the same service providers. Remember wage data away from stored in encrypted form to be preserved from fire, flood, or theft devices.

(2). Fraud

like all systems that use financial information is stored, the system ACH is the target for fraud, both internally and externally, with statistics showing the former poses the greatest risk in terms of data theft. Fraudulent activity can be greatly decreased by the presence of firewalls that protect against malicious activity internally and externally, and also by engaging in smart personnel practices, such as the following four:

(1). Using permanent staff and not for a temporary certain functions

(2). The separation of the important duties as much as possible

(3). Intensify the examination of certain positions procedures, and

(4). Reset passwords for sensitive accounts on regularly

Impact of liberalization in the insurance industry

Introduction

trip insurance liberalization process in India is now more than seven years of age. It was the first major milestone in this journey and death Insurance Regulatory Act Development Authority, 1999. This along with the amendments to the Insurance Act 1983, Libyan Company and Gulf Insurance Company work paves the way for the entry of private companies and possibly the privatization of public monopolies yet LIC Foundation Gulf Investment. The opening up of the insurance to the private sector including foreign participation in the various opportunities and challenges.

concept of insurance

in our daily life, whenever there is uncertainty there post of risk. Security instinct against these risks is one of the basic driving forces to determine the human attitudes. As a sequel to this quest for security, and the concept of insurance must have been born. The desire to provide insurance or protection against loss of life and property should be encouraging people to make some sort of sacrifice willingly in order to achieve security through collective cooperation. In this sense, the old insurance probably gave the story a human story.

life insurance, in particular, provides protection of the family against the risk of premature death to earn a member of their income. Life insurance in the modern era also provides protection against other risks, such as that relating to the life of longevity (no danger of the Ayesh source of income) and risk (health insurance) and disabling disease. Provide for longevity and pensions and annuities products (insurance against old age). Insurance provides non-life protection against accidents, property damage, theft and other liabilities. Insurance contracts, non-life and are usually shorter in duration compared with the life insurance contracts. And assembling together cover the risks and saving is a strange life insurance. Life insurance provides protection and investment.

insurance is a boon to business concerns. Short-term and long-term insurance provides relief. The aim of short-term relief to protect the insured from loss of property and life through the allocation of loss among the large number of people through the medium of the occupational hazards such as insurance companies campaign. It enables a businessman to face the unexpected loss, and therefore, it does not have to worry about the possible loss. Faces long-term going on in the economic and industrial growth of the country through the huge amounts of money available to invest with insurance companies in the Organization of industry and trade.

[1945001general] Insurance

before the nationalization of the general insurance industry in 1973, Gulf Investment Corporation Act was passed in Parliament in 1971, but entered into force in 1973. There were 107 general insurers, including branches of foreign companies operating in the country to nationalization, was to integrate these companies and assembled in the following four subsidiaries of GIC, such as the National insurance Co.Ltd, Kolkata; New India assurance Co., Ltd., Mumbai. Oriental Insurance Company Limited, New Delhi, India, the United Insurance Company Limited, Chennai and isolated now.

general insurance in India work is divided into GIC diversified investment Fire and Marine Apart from dealing with the direct aviation business and reinsurance runs a comprehensive crop insurance, personal accident insurance, social security system, and so on GIC and its in keeping with the goal of nationalization of insurance to spread a message far and wide and provide insurance protection for the weaker section of the society is making efforts to design new covers and also to promote the work of other non-traditional.

liberalization of the insurance

brought to organize a comprehensive insurance business in India into effect with the enactment of the Insurance Act, 1983, and tried to create a strong and effective oversight regulatory authority in the insurance with the authorities to guide, advise, investigate, record and liquidation of insurance companies and so on controller, and based on the nationalization of insurance companies, most of the regulatory functions taken away from the controller of insurance, and handled by the insurance companies themselves. He added that the Government of India in 1993 formed a high-level committee appointed by RNMalhotra, former Governor, Reserve Bank of India, to study the structure of the insurance industry and recommending changes to more efficient to make and save competitive in light of the structural changes in the other parts of the financial system in the country.

Malhotra Committee's recommendations in

The Committee submitted its report in January 1994 recommending that allows private insurance companies to coexist side by side with the state-owned companies such as LIC Company and Gulf Investment Corporation. This recommendation has been prompted by several factors such as the need for more insurance coverage deeper into the economy, much broader than the mobilization of funds from the scope of the economy, and much broader than the mobilization of funds from the economy to develop the infrastructure domain. Is the motivation behind the liberalization of the insurance sector, at least in part by virtue of financial necessity to take advantage of a large reserve of savings in the economy. The Committee's recommendations are as follows:

o raise LIC and GIC capital base to invest up to Rs. 0 crore, half retained by the government and the rest sold to the public in general with some suitable for employees reservations.
o be granted the private sector to enter the insurance industry with a minimum paid-up capital of Rs. 100 crore.
o insurance of foreigners allowed to enter the float through an Indian company and would prefer to be a joint venture with Indian partners. And it started
o steps to establish a strong and effective organization of insurance in the form of an independent panel like the regular SEBI.
o a limited number of private companies to be allowed in this sector. But it does not allow for a company in this sector. But the work of the company in both lines of insurance does not allow (life or non-life).
Q Tariff Advisory Committee (TAC) and isolate the form of Gulf Investment Corporation to serve as a body separate statues under necessary supervision by the insurance regulatory authority. To be treated
oAll insurance companies on an equal footing and subject to the provisions of the Insurance Act. They are not granted any special system of government companies.
oSetting consists of a strong and effective regulatory body with an independent source of funding before they are allowed in private sector companies.

competition to the public sector:

government companies now have to face competition for the insurance companies of the private sector not only in the issuance of a variety of insurance products, but also in various aspects in terms of customers, distribution channels and technology service effective to sell products etc. privatization of the insurance sector has opened the doors to innovations in the way the transaction can be.

insurance companies are embarking on a new age of new concepts and more cost effective way to trade deals. A clear idea to meet the maximum business lest account. And slowly with time, and the old rules and standards prevailing with state-owned companies to expand through the establishment of branches apparently getting lost. Among the techniques that seem to be catching up quickly as an alternative to meet the insurance and rural social sector is the hub and spoke arrangement. I did this along with participants from non-governmental organizations and self-help groups (SHG) with most of the selling of the policies of rural and social sector.

The main challenges are the commercial banks, which has a wide network of branches. In this regard, it is important to mention here that the Libyan company has entered into an agreement with the bank companies Mangalore based on the promotion of infrastructure for the mutual benefit with the monolith secure a share of 27 strategy percent, and Bank Corporation has decided to abandon its plans to promote the company's life insurance. The bank acts as agent for LIC companies in the future, and receives a commission on policies sold through its branches. The Libyan company with a branch network of nearly 2,100 offices allow the bank company to set up counseling centers. ATMs or branches with the buildings. The company's bank in turn, the actual implementation of the cash flow of the LIC management system.

x-law infrared 0.1999

preamble to the radiation law under the red in 1999 that: "The law provides for the creation of a body to protect the interests of policyholders, to regulate, to promote and ensure orderly growth of the insurance industry and related matters or related thereto.

Article 14 of the x-law infrared, puts the duties, powers and functions of the authority. the powers and functions of the authority. it must be the powers and functions of the authority include the following.

Q number of the applicant's registration certificate , to renew and modify withdraw or suspend or cancel the registration.
o to protect the interests of policyholders in all matters relating to policy filtering, policy and the value of surrender, insurable interest, and the settlement of insurance claims, the terms and provisions of other insurance contract.
o determine required qualifications and practical training for the argument and insurance agents.
o determine the code of conduct for surveyors and residents of loss.
o promote efficiency in the conduct of insurance business
o encourage and organize professional organizers associated with the insurance and reinsurance business.
o determine the shape and the way it will be maintained books of accounts and the statement of accounts submitted by insurance companies and insurance brokers.
o chapter in the dispute between the intermediate insurance companies.
o determine the insurance rate of the life and business year and to be undertaken by insurance companies in the rural and social sectors, etc.

Article 25 stipulates that the Advisory Committee on Insurance will be formed consisting of not more than 25 members.Section 26 provides that the Authority may, in consultation with the Advisory Committee for secure version of the list consists of the provisions of this Act and the rules made thereunder to carry out the purpose of this Act.Section 29 seeks to modify some provisions of the insurance Act 1938 in the way as shown in the first table. Amendments to the Insurance Act are consequential to enable infrared to regulate effectively, promote and ensure orderly growth of the insurance industry.

Section 30 and 31 seek to amend the LIC Act 1956 and the law of Gulf Investment Corporation in 1972.

the impact of liberalization

in while the nationalized insurance companies have done a commendable job in expanding the volume of business opening up of the insurance sector to private players was a necessity in the context of the liberalization of the financial sector. If traditional goods industries infrastructure, public and semi-such as banking, airlines, telecommunications, energy and others have a significant presence in the private sector, and the continuation of the state monopoly in the provision of insurance can not defend him, and therefore, has been that the privatization of insurance as discussed earlier. Its effect must be seen in the form of creating opportunities and different challenges.

opportunities

1. If privatization was eliminated insurance monopolistic business for life insurance company in India. It may help to cover a wide range of risks in general insurance as well as life insurance. It helps to put a new set of products.
2. That would lead to better services for customers and helping to improve the variety and prices of insurance products.
3. entry of a new player would accelerate the spread in both life and general insurance. It will increase insurance penetration and density measurement.
4. The entry of the private players will ensure the mobilization of funds that can be used for the purpose of infrastructure development.
5. to allow commercial banks to insurance companies will help to mobilize funds from the rural areas because of the availability of a wide branches of banks.
6. Most importantly, today's the day will not be created less massive job opportunities in the field of insurance, which is the problem of the burning issues of existence.

current scenario

After opening the insurance in the private sector, and various leading private sector companies, including joint ventures entered the field of life insurance and non-life business. Tata - AIG, Birla Sun Life, HDFC Standard Life Insurance, public reliance Insurance and Royal Sundaram Alliance Insurance, Bajaj Alliance of Automobile, IFFCO Tokyo General Insurance, INA Vysya Life Insurance, SBI Life Insurance, Dabur CJU Insurance life and Max New York life. SBI Life Insurance has launched three products Sanjeevan, Sukhjeevan and youth Sanjeevan so far, and it has already sold 320 policies under the plan.

conclusion

From the above discussion we can conclude that the entry of private companies in the necessary insurance business and justified in order to enhance operational efficiency, and achieve greater density and insurance coverage in the country and to increase the mobilization of long-term savings to the governors infrastructure long pregnancy. New players should not be treated as competition to state-owned companies, but it can complement the achievement of the goal of the growth of the insurance business in India.

Large versus small Australia Australia - what you mean

whether Australia will continue to increase immigration or reduce the current level of immigration could have a big impact on your real estate investment strategies. So today I want to talk about how to go with the trend and not against the trend when developing your investment strategies together.

debate currently

over the past few years, there has been an ongoing debate between whether we should have, "Australia's small" or and "Big Australia". The supporters of Australia would like to see the big increase our population to 36 million by 2050. This means almost 400,000 new immigrants in the next medium to Australia each year. While the small camp of Australia would like to see kept our population to a lot less than that in.

There are a lot of pros and cons about being thrown from both sides of the debate: from any level of sustainable growth if we have to pay higher taxes, and even more extreme, such as cultural transformation and ethnic domination scenarios. I do not want to bore you with any of these, you can google them for yourself, and take any side you want, or simply pay no attention to any of them.

The problem with this debate is that people sometimes think that if one side logical attended more logical and better, then this side must win the argument. But in fact, progress of our society is not usually contest of logic or good thinking. You can sit in a classroom, winning the debate 10 times, but outside the classroom, it is factors like "effect" and "passion" that rule.

If you want a simple demonstration of this, just ask 10 of your friends, who are still in a marriage today, how many of them examine the pros and cons, and worked out the possibility of the survival of the marriage, before they reach it. If most people can not even apply logic and good thinking is one of the most important decisions in their lives that they can control it, how do you expect them to apply the logic and good reflection of the issue that they have little control over - such as whether we should become Australia's big or small Australia ?

This is one of the reasons that I've learned over the years to give more importance to the facts, and pay less attention to logic and good thinking. You will benefit the most in life by putting your attention on what happened in reality (ie the facts) and not what should happen.

facts

over the past few years, and immigration numbers have been hovering around 400,000 annually. Some years, slightly higher other years a little less. 40 years ago our population was 12.6 million people. Today, more than 22.7 million. If we are to continue to grow at the same rate, we will reach 400000 in 2050, which is the largest of the 36 million Australia Senior projection. So it seems, whether people like it or not, Australia is on track to become a "Big Australia" anyway.

now baby is the beginning for "mass retirement" starting in 2012. Those who retire before 2020 are more likely to rely on government retirement system because they will not have enough compulsory retirement. And all those retirees means that we will need more workers to pay enough taxes to support the government pension system. So I think it is almost a necessity for the government to maintain immigration at the current level, or even higher, at least until 2020.

secure

in Australia valued at more than $ 830 * billion of investment for years to come. We need to deliver goods in accordance with those contracts, but we do not seem to have enough people to produce all of them. Recently it had several major mining companies, heads of severe criticism of the government red tape that restricts them from bringing workers to Australia to work. Some are so we can solve this problem by allowing large numbers of temporary foreign workers into Australia to work. (Can be of most real estate investors understand the concern of the mining companies. It's similar to when the real estate development and prior to sale and development of 100 units to buyers, now realizes that there are available workers is not enough to build them!)

* June 2011 issue of Deloitte Access Economics Investment Monitor

real competition

may determine the outcome of the population of Australia? In my opinion, two major factors: the impact and emotion. Let's go through one at a time.

effect

We all know that it is the government that decides whether we will increase or decrease immigration on an annual basis. But what affects the decisions of the government?

There are two governments in the world: authoritarianism or democracy.

• in an authoritarian society, and political influence dominates the economic decisions. Any politicians (like a dictator) are more likely to dominate the business decisions.
• in a democratic society, the economic impact is dominated by political decisions. Any business community (like all lobbyists) are more likely to dominate the political decisions.

Australia democratic society. Here, after winning the office, politicians tend to be spokesmen for the political campaign of their masters (ie donor) or pressure groups, such as companies, particularly from major companies. Hence, you tend to see governments in saving a democratic society "is greater than that" businesses fail (such as what happened in the United States and Europe), and do not necessarily behave a little bit about the people who have less direct impact.

This is not a statement by the way what is good or bad, it is just the facts of the way the different systems work for different people.

So here is the key question: Do you think that the largest companies in Australia wants more immigrants or less immigrants?

Let's look at the needs of the largest companies and institutions in Australia:

• Do you think that the mining companies want more workers to provide their contracts?
• Do you think that the biggest airlines want more passengers?
• Do you think that the biggest retailers and shopping center owners want to have more people to shop?
• Do you think that the largest real estate developers and construction companies want to have more people to buy their property?
• Do you think that the largest banks want to have more people pay interest?
• Do you think that the largest universities want to have a larger number of students?
• Do you think that the biggest pharmaceutical companies want to have more people to buy their own medicines?
• Do you think that the biggest religions want to get more followers?

as you can clearly see, and politicians to be constantly under the influence of these groups are strong self-interest to continue to increase the number of the population. Now what do you think of Australia the chance absence of more immigrants?

Before coming to Australia, I lived in a country where politicians are often dictated by the companies what to do. Having lived in Australia for 23 years, and I'm fascinated to see the number of political outcomes are determined by bargaining between politicians and groups of self-interest, and how large an economic impact calls for snapshots in most government decisions. These groups tried to strong self-interest affect either directly or through the media indirectly politicians.

You may ask how all this affects the average person that worries about losing their jobs to immigrants or our environment becomes unsustainable? From my observation, the effect on the average person is limited unless it was coordinated through the larger groups, so even when their views are very logical and justified it unfortunately simply do not have the economic clout to pressure the government or have the financial resources to put in place their politicians.

I know that this may seem disappointing for those who believe in small Australia, but unfortunately this is just how it works democratic societies. If I go back again in time, just in Australia, and I am sure that if I had asked of the indigenous population a few hundred years, whether he would like to have 22 million people coming to their country, their answer might have been a resounding NO !, but they simply did not have enough influence to stop them.

obviously I am not discussing morality and ethics of these cases here. As I said earlier, I'm just discuss the facts of what happened. I think that everyone is entitled to what they believe in, there are always two sides of the same coin in any case we like or dislike any form. All I'm trying to do is to show what is the direction so that you can invest your money wisely.

It is important to remember that we do not have to love everything what is happening there as an investor, but we can benefit from this trend even if we do not like what's going on. This is similar to the position may not want dangerous when you want to fly, but the action against it is not smart.

passion

another major factor that affects the governments and politicians is a general feeling, any human feelings. Politics today is a popularity contest. If the policy observed over the last 50 years of any industrialized country, the good old days of the politicians who stood a chance to win by holding true to the values ​​and beliefs, seems to have ended long ago. The best values ​​to stick to win office these days seems to be more and more about "everything that the audience wants to hear."

Therefore it is important to know whether the vast majority of Australians are anti-immigration or pro-immigration and how this feeling may evolve over the next few decades.

There are quite a number of countries in the world where the majority of the population is opposed to immigration, and they make it clear in the legislation. In other words, these countries have a very special attitude toward other races. Australia did not have such a range of legislation.

some of the other facts of interest are:

• Apart from the indigenous people of this country, all of us are immigrants from one generation or another.
• Today, half of our population still speak a language other than English at home;
• Most Australians have blood lines that can track many different races and cultures;

I'm from the first generation of immigrants myself. During the past 23 years I have lived in Australia, and I can honestly say that I have never felt discriminated against. So overall Australia is a country completely open, accommodating and multicultural, and generally it is not uncommon to be racist here.

If you were not first-generation immigrant yourself, you may not be aware of how much he wants all immigrants from the first generation to help their friends and families to migrate to the same country and they are now in. They do this, because immigrants miss their families and friends but also because they want to help them have a better life.

think about how this applies to the average of 400,000 immigrants coming into the country each year. This flow of migration began five years ago. Give it another five years, and a huge four million new immigrants (and this figure equals the number of Melbourne) population, it added to the sentiment in favor of immigration. These four million potential new voters put a lot of pressure on any political parties who want to stop their friends and their families to come here.

Hence, I can see the direction of public sentiment is on the side of "Big Australia", and you know that politics will play out in accordance with this trend.

big Australia in exchange for a huge Australia

recently and I've been doing some numbers myself and I can sense a new debate soon - one called "big Australia Australia vs. huge. " (I hope I'm not the first to arrive at this name, and I really do not want to be the man who began the great Australia vs. Australia a huge debate in Australia knows.)

let's define what we mean by "huge Australia" first. If "Big Australia" means adding 14 million people to the current population to take it to 36 million, then you probably should be on a "huge Australia" to double the increase to add 28 million people to take the population to 50 million people!

, and if this number shocks you, let me give you a different perspective from outside Australia. If I had to explain to the Chinese for a friend of mine who lived in China around the idea of ​​"Australia's huge," and I'm sure he thinks that I have lived in Australia for a very long time. He guaranteed me that it would at least a billion Chinese will not be able to understand why I would call a huge 50 million people on a piece of land the size of Australia, which is similar to China and the United States. He probably still calls us "little Australia" Even if we got a population of 50 million, because imagine the 22 million people we have today must be scattered all over the place for the occupation, such as the island is very large but mostly unused.

I think there is some merit to this view, is not it? Imagine if the United States had only 22 million people living in that day (which is not much more than the number of residents of Greater Los Angeles area)? It feels like the island very empty after Australia's bigger than the United States in the size of the Earth!

now why I think that the idea of ​​"Australia's huge" not completely crazy? Although anyone at the moment I have not seen proposing such a projection of the community government or business, here are some of the main reasons why I think it is possible:

1) Australia has the means to become enormous.

Currently we are accepting 400,000 immigrants on average each year. This converts to an increase of 1.8% from the current population. All you have to do is add to the 0.2% again to take it to 2%, or about an additional 50,000 people a year, whether guests or any other form of visa workers, it will take Australia to 50 million people by 2050.

[1945001anda2%increaseperyearinapopulationnotmuchdifferenttothe18%wearedoingnowandthatisstillthewaywithoutnoticeabledifferencethresholdThisissimilartotherateofinflationwehaveItishardtonoticehigherpricesifthey'relessthan3%Basedonthisrateitisveryunlikelytocauseanyfinancialmess

even if Australia wants to become a huge (ie 50 million people by 2050), we have the means to do so without the majority of the public even noticed the difference.

The real question is not whether Australia wants to become huge. In my opinion, the question is more realistic and perhaps should be whether Australia has the option was not to become huge!

2) Australia may be forced to become huge.

not one of us that calls into question the arrival of four seasons and one after another, year after year. There is a kind of law behind this rotation can be observed even if we can not fully explain.

and change chapters similar to the way that nations rise to become economic powers, and then drops again. If you are looking for the past 500 years, there were 9 countries, which rose to a level of power that enabled them to dominate the global economy in their own times. Namely Portugal, Spain, the Netherlands, England, France, Germany, Japan, Russia and America. As the old saying goes, what goes up must come down. None of these countries survived the decline and all lends itself to another country to take on a leading role in the world.

We are now well in the "Asian Century" the position of our prime minister recently put it. I would probably call it "Australian century", as there was no time in history where Australia was pushed to the center of the world stage, both in terms of economic and political power.

is put

Australia a unique bridge between Asia and the rest of the world. Is the only country (apart from New Zealand) with Western civilization and lifestyle Asia in the same time zone.

Today, the distance barrier is removed by technologies such as the Internet, video conferencing, etc., only one barrier to effective communication is still - a barrier zone!

you can communicate with most Asian countries during the hours of work by living in Australia. Instead, you'll need to work evening or night shifts if they are based in Europe or America. This is one of the main reasons why such a large number of multinational companies set up headquarters and a strategic design ability Asia and the Pacific in Australia.

The biggest problem in Australia for a long time it was always considered "isolated" because of its distance from the other continents. But now its location means it is ideally placed as a gateway to Western Asia. With the booming Asia you can see why Australia has been getting this attention is unprecedented in recent times. Have you noticed lately that there is a struggle for attention in Australia's two biggest economies in the world, which represents the East and the West?

as "laid back", as was the Australian culture in the past, and I think that increasingly be forced Australia to assume some sort of leadership role quickly and the West desperately needs to find growth opportunities from the east. At the same time, the Middle desperate attempts to improve their standard of living, and finds herself in Australia is ideally placed as a conduit for those goals. In the end, which means we have no alternative but to get the biggest and the richest. The

After all, those nine other countries, some significantly smaller than Australia, for their role during the past 500 years. With the decline in America and Europe and it must be someone else's turn this time. If not Australia, you can choose another country in the West, which is positioned more completely and ready to thrive now more of us? I can not.

3) may be in interest in Australia to become huge.

Have you noticed that Australia has been busily all our resources shipped 22 million people currently do not need overseas? In other words, we sell our most valuable resources for the construction of other countries instead of our own.

If you think this makes sense, put on a hat thinking as an investor property. Imagine that you are the farmer sitting on a large piece of land. It is more intelligent: just sell your land now to get the price today or to allow more people to work for you on earth forever? This is one of the reasons most often see land development projects, the largest being a joint venture between the farmer and land developer, so the farmer gets a much better return on their land.

The Australian government is just like a farmer who happens to be sitting on a large piece of land that has a lot of potential. Why do not you allow more people to come and work on your land, rather than sell out to overseas buyers just because you do not have enough domestic demand?

This is one of the reasons I think it is in Australia's interests to attract the best talent from all over the world to develop more industries internationally competitive while we are selling down our resources. Selling the bottom of our resources is not only a temporary cash flow strategy; it is not investing to survive long-term strategy.

a great opportunity for investors property

simply, there has never been a better time to be a real estate investor in this country.

Horse racing tips - how to put a favorite and make a profit every single day

== Introduction ==

all of you that are reading this that do not know what the "D" is , it is simply you predict one horse in any race this will not win this race. In fact you become a bookmaker and take bets from people who believe that the horse will win.

I do not know if you have your own system or use horse racing tips from a tipster, but this is a very simple person horse racing system it can be used.

is not complicated and ever, and they pressed simply button 1 on Betfair exactly the same as you do if you place a bet to win one

{pink button instead of the blue win mode button} Some people will tell you that put horses is a sure-fire way to end up in the "poor house", it will be dead right if you do not do it properly and this applies to any bet you have, not just a mode.

say, for example, we have a horse race of 12 runners and I wanted to bet one of these to win this race, you will then have ALL the other 11 horses running against you and trying to stop your choice of one win.

Now on the other hand we have a horse race of 12 runners and choose one horse to lose {situation} we now have ALL the other 11 horses running for the US and if any of those horses 11 win this race we WIN !!

some tipster give this type of horse racing tips and I can assure that if done correctly can make you quite a lot of money!

So the odds are with you and not against you when developing.

The only problem with a horse to lose with you and the way you choose them. I'd imagine that the "D" will be from the outside in all races stand surely you are in a good position as the majority of them lose and you get a majority at the time, but unfortunately if you take this road you will come unstuck at some point and you do you erase any previous dividend in addition to the more than the original bet banks, as they do win now and again.

let us imagine just outside in each race was 33/1 and just wanted 10 £ profit in the race to win the £ 10 you would have £ 330 responsibility, and this means that if the horse's victory you would lose 330 £, not only worth the risk !! I needed only one week to eliminate the exit.

even if you put the "worst" horse in any particular race is not good, then the horse that should be put?

Good question, ie, most of the people there do not know the answer, but today I was going to the exact way that generates me and subscribers of my well-known "Sure2Profit organic" know ( Http: //www.Sure2Profit com / Membership .html ) on the £ 80,000 tax
free dividends annually!

== The "Favorites" ==

Some of you may think I am a little crazy at this point, why I put the best horses in each race ... any type of horse racing tips is this? ?

Well, just put the best horse in any race may not really be the best horse! Front-runner in any race is not only the favorite because we make it a favorite by putting a lot of money on it, it's as simple as that.

even if the 1,000 people who do not know what to do with £ 1000 each place on the same horse, it could become the frontrunner in spite of the distant past of it is down on the beach fun Blackpool!

what we're going to do is to find a favorite for "false", preferring that the reason because of one or another should not really be a favorite.

Statistics show that the favorite to win races just 30% of the time, and some good races favorite Obed bad races of my favorites.

Do you bet 6/4 favorite in Aqaba Race 18 runner? I certainly would not, but I would like to put it, with 17 other racers ALL running for me .... This is common sense horse racing tips!

your liabilities are also good with you only risking £ 15 if the dispute {6/4} 2.5 on Betfair to win £ 10, I'm sure you will agree that this is much better than the example above where you risk much more than that for the same reward.

Now you can see why "D" can be quite safe and very profitable.

== == selections

This part is really very simple, and it will not take you long to find quite a few "false favorite" Just follow the rules on the page.

(1): Armed with a daily newspaper or on the website of another race, or both {} simply select races with the largest number of contestants in them.

(2): Ideally, you should look for racing disability that have 16 or more runners.

(3): If you can find any, races, novice and women equestrian events too good to put your favorite.

(4): Once you've marked this off, just go through them and take all the races "disability." These are the races that are better to focus on.

(5): chose any racing disability which has the potential for favorite quoted as no more than 7/4.

(6): The horses mentioned above have certain bets, do not worry if there are not any on certain days, simply go to any race who has 16 or more runners.

(7): Some days you may find that there are no 16 runner or above races, and if this happens simply look for 14 runners etc.

(8): When you have all the corresponding races, only to go and Http://www.betfair.com land and check out possibilities there are for your choices.

9: If there is a probability of 2.8 and less than that, then this is certain bets.

(10): Do not put limitations that are less than 1.9 per betfair, although a fair few for this loss, few of them win the show as well and we do not want.

when its insistence on the above, you will have great success in horses mode, when it is also used reasonable staking plan, but if you add the following few rules to the top then you will achieve greater success.

So here is my horse Profile Racing Tips:

(1): After making your selections, either in the race another site or any daily newspaper, just check to see if the horse is "stadium and the distance "{winner as shown CD NEXT} to the horse. If you then do not put it.

(2): Does your choice afford any more or less weight than it was in the last race? If it carries more weight and then lay it down, if it carries less weight then do not put it.

(4): Is it your choice to step up or step down in trip? If so, then you should consider setting it.

(5): Does your choice is either a woman or apprentice jockey ride it? If so, then lay it down because they did not commit errors in judgment.

Apart from the above, to make this work you will also need a reasonable staking plan, one that will keep your money relatively safe and make your bet as a whole an enjoyable experience.

I use a very simple thing and advised to do it this way as well, but you are obviously in the freedom to do what you want.

I will have £ 1000 bet the bank as an example:

bank bet your division by 0, in this example is £ 5 is. So the profit target in Day 1 of the £ 5 in the race. I know exactly what you're thinking at this point ... "Not quite as much as I was hoping for !!!"

Well, admittedly, not much, but if you aim to tell eight such races a day, then 40 £ is not to be sniffed at, and remember this is only Day 1, from Day 2 Goal your profit may be a good 6 £ in the race. Trust me on this one, it does not take a long time to get the banks to the private betting accumulated enough so that you are aiming for a £ 25 £ 50 or even £ 100 in the race.

to put it all in perspective, let's say that you easy 5 bets to win in one day, and that the profit ratio year 2.5% per day, or nearly 18% Total weekly earnings added to the banks bet your or give it value NEARLY £ 1000 cash profit in the first 4 weeks.

Take it to 8 weeks and the bank's bet has now grown to £ 3800 and from there you will be in for-profit race of £ 20, or £ 100 a day @ 5 win races per day.

as long as you look at any of the gambling activities as a long term business, and then you will achieve much more than if you look at it quickly as a source of income to help with any financial difficulties that you may have.

== Golden Rules (Real Madrid horse racing tips!) ==

(1): After making your selections, either in a race or any other site daily newspaper, just check to see if your horse is "course and distance" winner {as shown CD NEXT} to the horse. If you then do not put it.

(2): Does your choice afford any more or less weight than it was in the last race? If it carries more weight and then lay it down, if it carries less weight then do not put it.

(4): Is it your choice to step up or step down in trip? If so, then you should consider setting it.

(5): Does your choice is either a woman or apprentice jockey ride it? If so, then lay it down because they did not commit errors in judgment.

Apart from the above, to make this work you will also need a reasonable staking plan, one that will keep your money relatively safe and make your bet as a whole an enjoyable experience.

I use a very simple thing and advised to do it this way as well, but you are obviously in the freedom to do what you want.

== == attribution plan

this, or any other tips horse race for that matter, will not make you money unless you use the right staking plan ...

I will take a £ 1000 bet the bank as an example:

is what I'm this advice to the members of the organic Sure2Profit ( Http://www.Sure2Profit.com/membership. html )

bank bet your division by 0, in this example is £ 5 is. So the profit target in Day 1 of the £ 5 in the race. I know exactly what you're thinking at this point ... "Not quite as much as I was hoping for !!!"

Well, admittedly, not much, but if you aim to tell eight such races a day, then 40 £ is not to be sniffed at, and remember this is only Day 1, from Day 2 Goal your profit may be a good 6 £ in the race. Trust me on this one, it does not take a long time to get the banks to the private betting accumulated enough so that you are aiming for a £ 25 £ 50 or even £ 100 in the race!

to put it all in perspective, let's say that you easy 5 bets to win in one day, and that the profit ratio year 2.5% per day, or nearly 18% Total weekly earnings added to the banks bet your or give it value NEARLY £ 1000 cash profit in the first 4 weeks.

Take it to 8 weeks and the bank's bet has now grown to £ 3800 and from there you will be in for-profit race of £ 20, or £ 100 a day @ 5 win races per day.

as long as you look at any of the gambling activities as a long term business, and then you will achieve much more than if you look at it quickly as a source of income to help with any financial difficulties that you may have.