so said....

"Theres one thing called customer interest, another called national interest. sometimes the two don't match. If consumer interest were so important, then every country would import consumer goods with zero duty" - Rahul Bajaj, Business world April 1998

pleo

listed by Time magazine as one of the best inventions in 2006 and set to rock $36 billion US toy industry pleo (a robotic toy), is stuffed with 38 sensors that pick up motion, light, touch, and sound as well as eight IC chips capable of performing 60 million calculations per second.
The robot will have "organic movement" that attempts to replicate the way living organisms move and respond to changes in the outside world and within themselves. Pleo's personality will change and grow according to its environment and the programming "DNA" built into him. Two or more Pleos will recognize one another

Motorola RAZR

In the original plan, the powers-that-be at Motorola were convinced that the RAZR would be a "boutique phone", a niche product that would appeal to only a small segment of the market. They ordered enough components to make 50,000 of them. In the first quarter of production, the wireless companies placed orders for over a million units. Motorola had the most popular cell phone on the market, and they were completely unprepared for it. It took them a year to get production capacity up to meet the demand. Today, Motorola is shipping RAZR phones at a pace that is equivalent to selling 50,000 of them every morning before lunch.

Useless trivia

50 million cars are being manufactured in the world each year There are over 240 million vehicles in the U.S. alone, while the world estimate is over 750 million vehicles and counting. It is estimated that by 2030 the number of vehicles in the world will double.

An influential recent study from Berkeley's Haas School of Business estimated that about 12% of eBay's revenues come indirectly from Google, whereas Google gets only 3% of its revenues from eBay.

Brain inconsistency is why you can't reliably repeat that perfect fastball or golf swing, says a Stanford University study.

Sir Howard Stringer compared the relationship between Sony and its customers with a marriage: "Sometimes we misunderstand each other, but that's a concept of marriage."

During the first 50 days of the season, total online retail spending, excluding travel-related purchases, reached $21.68 billion, up 26 percent from a year.Dec. 11, consumers set a single-day record of $661 million for online spending. Two days later, that record was broken as consumers spent $667 million online

bgyan #2

bgyan#2 in lieu with Time Person of the year: YOU(user generated content...), heres a quiz based on socialnetworking websites.

Scores: Rohit Nair 7
Varadha Rajan 1
Vikram Ramnathan 4
Arindam Sanyal 2
Sushil kumar Vashishta 8
Aditya modi 8
Mitesh agarwal 9
Varun reddy 7
Murali D 6
Vineet 1
Sabapathy Narayanan 7

Thanks everyone!!

1. Tom Anderson, age 30, started which website so that his band and others emerging on the LA music scene would have a place to share and promote their music. the website now formeda label company that will release a few albums each year from bands discovered on the site.

myspace.com

2. what was created by a 33 year old former Netscape software engineer named Jonathan Abrams. Having tried a few online dating sites, he found them "creepy". He decided to attempt to make something that more closely replicated how people really meet people - through their friends and related social connections.

friendster.com

3.which website was awarded a patent on some pretty fundamental qualities of online social networking. The patent covers the determining and display of relationships between individuals who have entered personal information into a social network; specifically, determining who is in your circle of friends and who isn’t

friendster.com

4. which social networking website name is based on the paper facebooks that many colleges give to incoming students, faculty, and staff depicting members of the campus community

facebook.com

5. Orkut has made which language as its second language in its interface

Portuguese

6.which company launched a site called "The Hub" which targets teens and encourages them to "express their individuality" by adding a song, pictures and a fashion quiz to their profile

Wal-mart

7. name the invitation only social networking website for soccer fans and players from Nike and Google?

joga.com

8. Founder of Napster, Shawn Fanning, is reportedly working on a new "virtual social community for online gamers," that he plans on releasing in the near future. The new service will be called as what?

Rupture

9. Identify this guy





Mark Zuckerberg of Facebook.com

10. Identify The Duo?

Tom Anderson and Chris Dewolfe of Myspace.com

Time Person of the Year

Editor Richard Stengel declared : "Time`s Person of the year for 2006 is you, the consumers and creators of user-generated content who are transforming the information age." Runner up was Iranian President Mahmoud Ahmadinejad.

It was not the first time the magazine shied away from naming an actual person for its "Person of the Year." In 1966, the 25-and-under Generation was cited; in 1975, American Women were named; and in 1982, it was The Computer.

History of kellog Corn Flakes

J. Kellog was an american physician and health-food pioneer whose development of dry breakfast cereals was largely responsible for the creation of the flaked-cereal industry.Kellogg received his M.D. from Bellevue Hospital Medical College, New York City, in 1875. A Seventh-day Adventist and vegetarian, Kellogg became superintendent in 1876 of the Seventh-day Adventist Western Health Reform Institute, which then became the Battle Creek Sanitarium. (In 1959 it was renamed the Battle Creek Health Center.) Kellogg developed numerous nut and vegetable products to vary the diet of the patients, including a flaked-wheat cereal called Granose and cornflakes. Although cornflakes were not new, they had never before been presented as a breakfast food. Kellogg's brother W.K. Kellogg formed his own cereal company, and one of the sanitarium patients, C.W. Post, also founded a cereal company that became well known W.K. Kellogg eventually bought out his brother and in 1906 established the Kellogg Toasted Corn Flakes Company. Through innovative advertising techniques and improvements in the quality of the cereals, the company prospered. The present name was adopted in 1922 after the company began making cereals other than cornflakes.In 1969 the company began to diversify. The acquisition of Salada Foods that year introduced tea and desserts to its product line. It purchased Fearn International, makers of soups, sauces, and other foods, in 1970; Mrs. Smith's Pie Company in 1976; and Pure Packed Foods, makers of nondairy frozen foods, in 1977

worlds Biggest IPO

INDUSTRIAL & Commercial Bank of China Ltd raised US$19.1 billion in the world's biggest initial public offering after attracting orders equivalent to twice Citigroup Inc's market value.
ICBC has 18,000 branches and a customer base bigger than Russia's population. The IPO represents 14.8 percent of the company's shares and will value the Beijing-based bank at US$129 illion. The offering bests a previous record held by Japan's NTT Mobile Communications Network, which raised $18.4 billion during its 1998 IPO

Happy Loan" is ICBC Brand of personal loan serviceHappy Home" is an ICBC personal housing loan Happy Home" is an ICBC personal housing loan Happy Business" is an ICBC personal business loan. ICBC (Asia), formerly known as Union Bank of Hong Kong Limited, was established in Hong Kong in 1964 and publicly listed in 1973ICBC issued Peony Quasi Credit Card for the first time. "Peony Card" soon became a famous bankcard brand among the counterparts. May 2002, Peony Card Center established, which was the first professional bankcard business organization in China.ICBC Internet banking product "Banking@home

Hitlers Race Car

In 1933, after becoming chancellor of Germany, Hitler offered 500,000 reichmarks for a company to design a race car to show off the nation's technological prowess. Originally, Mercedes-Benz got the nod. But Ferdinand Porsche, then an engineer working with Auto Union, which today is known as Audi, was able to secure some of that financing to build a revolutionary car he had designed.

Ferdinand Porsche also designed another car for Hitler but for a very different purpose. That car, inspired by the success of the inexpensive Ford Model T in the United States, ultimately became known as the Volkswagen Beetle

That car was modified over the next few years to become the 1939 Auto Union D-Type.
The D-type had a number of features that were extremely advanced for its day, including an engine mounted behind the driver and four-wheel independent suspension. Its twin-supercharged 3-liter V12 engine can produce 485 horsepower, giving the car a top speed of 185 miles per hour.

In many ways, the D-type offered a glimpse into what would become the future of racing. It's fundamentally very similar to Formula 1 and Indy race cars of today

intresting to know

BMW which commands just 2% of the world car market has a market value which is greater than Ford and GM

A.C. nielsen global online survey reveals 41% Indians think sunglasses are the most sought after accessory followed by belts (35%)

FORTUNE analyzed the stock returns of major U.S. companies in ten industries and found that the industry leaders by revenue returned a mere 2% over the past 12 months vs. 21% for the their second bananas

Incarceration Optimization Program International in New York City, offers a 100-hour, $20,000 course that instructs mainly white-collar criminals on the finer points of prison etiquette. clients learn slang terms, how to address guards and other inmates, and generally what daily routines will be like inside. His program is one of the dozens offered by consulting firms on everything from witness preparation and sentence-reduction lobbying to prison inspection and certification

Corrections Corporation of America, is the largest private prison operator in USA.

Prision economy in USA is aprox $37 billion ( money spent on Prisioners by Federal Govt)

bizgyan-1

Scores and answers of Bgyan#1

Mahendra singh chauhan- 6 Srikanth R- 6 Srinidhi rai- 2 Sriram Ravichandran- 3 Sayan Gosh- 3Sriram- 5 Siddharth Misra- 3 Nikhil narayan- 2 Varadharajan- 3 , Anusheel Shrivastava - 6

Thanks everyone !!!

1. Whicih comapny is notorious in 1980's as "CIA of Wall Street"?

Ans Kroll Associates was notorious during the 80's as CIA of wall strt due to the prevalence of former CIA, FBI and Scotland yard men for corporate espionage in takeover bids as well as destabilization of foreign nations

2. Who became the first vitrual millionaire in digitally stimulated world secondlife.com ( been on cover page of business week)

Ans: Anshee Cheung, She sells real estate ( a.k.a server space @ secondlife.com)

3. Where do you find 2 interlocking circles with 23 horizontal bars and italic, sans- serfi type face font

Ans: Master card logo

4. Reliance communication recently launched manged video confercing business, name there first client

Ans: Art of Living Foundation

5. Name the first Indian move to be premiered on internet

Ans: Vivah, premeired at rajshri.com

6. 'Copy Left : All rights reversed' is what a friend of X called it.
Linux & open source software movement was described so . X is Richard Stallman

7. 'LTD' is the ticker symbol of which company?
Ans: Limited inc

8. Connect Ajit Agarkar, Abdul razzaq, Mohammed Asif ( nothing to do with business)

Ans: Only 3 bowlers to bowl maiden overs in a 20-20 match

9. Identify him

Ans:Joseph Pulitzer

10. Identify this advertising character

Ans: Maytang Lonely man

Corous Steel

A brief history of Corous Steel( will post more abt it)

Corus was formed on 6th October 1999 through the merger of British Steel and Koninklijke Hoogovens.The Corus logo is a symbol of confidence and a mark of quality and service. The name Corus was selected to differentiate the company from competitors with a modern and distinctive approach supported by a strong visual identity. British Steel Corporation was formed by bringing 90% of British Steelmaking into public ownership, through privatisation in 1987, until the formation of Corus in 1999.

SEZ's facing infrastructure hurdle

hope Policy makers will now rethink about SEZS,
sector-specific SEZs are hardly making any effort to build social infrastructure like housing and other amenities in Tamil Nadu reports Financial Express More

welcome to business gyan will post intresting stuff..keep visiting bye