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Topics - jamthoms

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Post Your Income Opportunities Here / Accounts & Deposits
« on: June 23, 2009, 07:41:45 am »
Accounts and Deposits are two most important entities that are associated with every transaction that you make in a financial institute. Your money, investments, savings and all financial regulations are defined by these entities. When you open an account you deposit money to start of things and then gradually precede allocating your finances into different channels like a fixed/ term deposit etc. But it is the savings account that you create helps to start of things. Savings lays the foundation for your future financial security. Deposits ensure that the amount you fixed up is secured for that tenure after which you are rewarded with an interest.

Savings Accounts are offered by commercial banks, savings and loan associations, credit unions, building societies and mutual savings banks. Earlier when you opened a savings account you were provided with a pass book and cheque book as accessories that enabled you to access your account. With the gradual make over of Retail Banking, ATM cum debit card, credit cards and other accessories creped in allowing you to do the same without paying the bank or branch a visit. All savings accounts offer itemized lists of all financial transactions, traditionally through a passbook, but also through a bank statement. The other account that one can access is a current account. Current accounts allow you a no-transaction limit, which isn’t the case with a savings account. With a savings account, the account holders are allowed to make three transactions with a withdrawal limit of Rs 50,000/ maximum (approx figures). Current accounts are mostly used by businessmen, mostly due to the high amount of transactions that they need to make.

Withdrawals from a savings account are occasionally costly and are sometimes much higher and more time-consuming than the same financial transaction being performed on a current account. Ideally interest is paid on a savings account on nature of minimum balance held on a quarterly basis. Hence if frequency of withdrawals is more the amount keeps decreasing and so does the interest. The term deposit is used by the banking industry in financial statements to describe the liability owed by the bank to its depositor, and not the funds (whether cash or checks) themselves, which are shown an asset of the bank. Nature of deposits varies depending on the tenure. The most commonly opted for deposit scheme is the fixed deposit scheme where an individual is required to keep an amount locked in for a period of a year or more. Term deposits are where the deposit is kept on a monthly/ daywise basis (100-180) days. NRI Term deposit accounts are the mostly sought after scheme as it helps improve financial regulations due to differences (mostly high) in currency rates.

The economic bloom that India experienced in the last decade ensured that the common man laid more emphasis on the savings front. A Savings Account not only helps you save for hard times but there are a lot of benefits that is associated with it. For example having a good savings enables you have a certain amount kept aside in a fixed deposit or a term deposit that helps you garner good interest. Also through your savings account you could invest in stocks, equities, shares etc. ATM cum Debit Cards & Credit cards provided against your savings account help you shop to a limit (depending on net income). Various forms of savings accounts have ensured smooth transactions. For eg: a zero balance savings account is used as a salary account wherein salaried individuals have their monthly salary deposited automatically.  All in all your Savings help you to determine your deposits which in the process help you total sum of money that you can save, and as the saying goes “Money Saved is Money earned”.

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Trade shows are important part of any business to promote product and business. This becomes much more important when you are launching new product or services. Trade shows gives much more exposure and attract targeted visitors.

In trade shows companies communicate directly with customers and help them to sort out any issue or show there latest product and services which creates big impact on customers.

To get most out of Trade shows we need proper setup like

•   Attractive booth design
•   Big Plasma Displays/LCD displays
•   Interactive Kiosks
•   Projectors
•   Printers/Copiers
•   Audio Visual Equipments
•   Desktop Computers
•   Laptop/Notebook computers

In Trade shows if we have ample space we can attract potential customers with huge plasma displays but if space is limited we need innovative booth design and in that case table top LCD display are perfect when space is limited.

No logistics to manage with rentals. All computer rental companies will take care of transportation the exhibit directly to the tradeshow or convention centers, and make it easy for you to send it back to them. You only have to worry about presentation.

In limited budget you can hire trade shows rental companies. These companies offer full range of computer, audio visual products. They setup your booth supply all computer equipments in time and make sure everything is working fine.

In case of technical problem they support on the spot with spare rental equipments. So they save your lot of time now you can more focused on your product display or customer interactions.

Necessary steps to be taken before choosing a display for trade show.
For any organization or companies, a good trade show exhibition is the best way to reach to a large number of customers. You can do this by arranging a good trade show displays that can clearly illustrate your products or services. There are different types of displays. So at the trade show, selecting the right displays is very important for any business. Because a good displays clearly indicate the uniqueness and the nature of the products or services.
 
A good discussion is badly needed to choose the best display. You have to concern an expert with proficiency in constructing displays while choosing a display for your trade show. Infect the display will present the company image as well as all the products and services of the company. Remember to consider the two most important features of any display while selecting trade show displays i.e. the designs and graphics of the display.

Design samples are easily available on their websites of most of trade show display manufacturing companies to provide their customers an idea of what their products are like. They also provide full support with all their accessories and parts to work with the designer to give your show maximum impact. And you will find some companies that give you low prices with good service and upgrade quality. But don't go for cheap, low quality trade show displays because they could be waste of time and money.

For every mega events and trade show computer rentals becomes the essential part. It saves time, energy and money.  If you are having own computer equipments you can save some money but transporting, setup and support is costlier affair. Following are some useful tips on convention rentals:
1. Check for quick transportation - Quick transportation helps you to get all computer equipments on time.
2. Check for Onsite Support – In case of any hardware failure support must be there to replace and repair the system.
3. Flexibility – Look for companies who can supply additional equipments in case of additional requirements and urgency.
4. Use Bigger Plasma display or video wall to attract visitor to your booth.
5. Use Simple, Clean and interactive booth design.
6. Kiosks are also good way to attract and give useful information to your visitors.
These are some simple tips but it can make your trades show successful.

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Post Your Products & Services Here / Money, Media and Entertainment.
« on: June 12, 2009, 05:34:00 am »
The entertainment sector is the biggest money making sector in the world today. With its reach and infrastructure it has toppled the retail sector as well as the petroleum sector, the latter of which was solely responsible for determining the economy of a country almost single handedly. The Glitz and Glamour associated with this business lures many individuals to consider the zone as a serious carrier option. The amount of money and business involved in making a film (commercial as well as art house) is huge, effort involved is enormous and these factors are finally decided by aggressive marketing through proper media channels.

India is one place where Film stars are worshipped next to god. Celebrities are always sought after and always in the hunt. Whether it is an important felicitation civil ceremony, the marriage of an important person in city or the unraveling of a painting or a mall celebrities are always looked upon to grace the occasion as it gives it a touch of importance and most importantly publicity. The Media and Entertainment industry is always in news for some happenings or the other. Public Relation Agencies are hired by corporate Movie Production Companies to highlight their current happenings so that they stay in the reckoning even when they don’t have anything substantial to offer. When a big banner film is due for release and is in the post production stage it would need innovative marketing strategies to create hype so that it garners enough attention to bring in the initial audience and in the process recover maximum amount of money that was invested.

Advertising agencies play an important role in promoting the films initial trailers and snapshots. Having it promoted in hoardings or through products generally termed as In Film Marketing has every chances of grasping the viewer’s eye, especially if it has important personalities associated with it. The concept of In film Marketing arose from the idea that placing a product in a film where the audience is glued to the screen and has no alternatives like switching channels. Advertising Agencies create innovative strategies all different from one another to lure in the initial audiences. Event Management companies hosts annual events where forth coming attractions are displayed to generate enough curiosity amongst movie lovers. Major promotions through media offline or online will require unique creativity, proper media planning & buying and budget fixing.

When a Movie Production Company opts to start a new venture it seeks the aid of a public relation agency to have it officially announced. After the production and entire shooting is completed and it is in the stages of post production it looks to market the initial teasers. The best place to have this done is when any special event is being hosted and is being attended by heavy weights and has a strong audience viewing it through television. This kind of events is publicized with the help of Event Management Companies and Media Planning & Buying Agencies. All in all a lot of money, effort and time is involved that makes the final product spectacular.

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Banking has evolved with time. The entire infrastructure and concept of traditional piled files and documents has given away to a much more sophisticated and sleek outlook. Moreover with technology growing with a rapid pace the time consuming factor has been replaced with doorstep banking methods which permits you to carry on with your banking 24/7 without having to pay the bank any visit. Money orders and transfers have taken a backseat for Online Money transfers, Card and mobile banking. Even Security trading, Stocks and Mutual Funds can be accessed by traders and investors alike without finding the need to consult each other or pay each other any visits.

When Banking started of for Independent India, you had Nationalized and regional banks handling the country’s finances. As the years progressed you had more branches opening up. The 80s and 90s saw a whole lot of Global Banks like Standard Chartered, Barclays, Grindlays opening their banks up in India. Still banking didn’t seem to be convenient. The modus of transaction was pretty gloomy and boring with people having to wait their turns to visit the teller’s counter to complete their transactions. With technology coupled with the internet coming into play banking solutions have become more custom made for the average consumer. Online Banking ensures that a person is tuned completely with his finances at any given point from any part of the world. Ditto for mobile banking. The last couple of decades also saw numerous Indians migrate abroad on a bid to pursue their lives and carrier. Getting monetary transactions wasn’t easy then. Postal services and courier faux passes weren’t that convincing. Now with banks offering many solutions NRI Banking has also been made easier.

Various facilities for NRI Banking consist of NRI Savings account, NRI Term Deposits and provision to remit money to India. Mobile Banking and Online Banking also offer Mobile bill payment and online bill payments respectively. Typical business banking ensures commercial as well as retail banking services. In Commercial Banking, various corporate entities and major industrial houses are liable to be offered loans to proceed with their business and financial commitments. This kind of banking is generally profitable as it includes a large amount of money. Incase of retail banking services which is basically mass marketing business transactions, direct transaction with individuals which includes loans, various accounts and deposits, and locker facilities banks look to improve their consumer base. Establishing good customer relationship strengthens your financial base as with every major deal that you incorporate via your customers adds to your treasury. As of now the Retail section is undergoing a strain courtesy the recession. The failure to repay debts has seen the fall of global financial houses. So it is very important that a thorough examination is done to ensure know your customer (KYC) norms prior to issuing major loans.

Banks also provide special facilities to their HNI (High net individual) worth customers. These people generally have a huge amount invested with the financial house and indulge in hefty transactions. They are provided with world class banking facilities termed as Priority Banking and Premier Banking, both words justifying their meaning. Savings account for the average investor has also been made easier where you no longer need a referral to open an account or minimum balance to save in your account (* condition applies in both cases). Currently the major Global players in the Indian Finance Sector include Standard and Chartered, HSBC and Barclays. Banks of Indian origin that have gradually made waves include ICICI, HDFC, SBI and Axis Bank. All in all modern day banking has every element that ensures Wealth Management Services for the longer run.

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Brand Building has been labeled as top priority for every new business that keeps opening up every now and then. The objective is to make as many people aware of the product being introduced in the market so that once it is launched it has takers. In order to have the launch successful, corporate & business tycoons publicize the product prior to the launch by hosting events and asking as many prominent individuals to join in and then having it covered and spread by the media. Once commodities create a stir in the market it is bound to grab attention. Once successful the commodity is eventually branded and becomes a household good forever.

A new marketing concept that has all the possibilities of being the most effective channel as far as branding is concerned is In Film Marketing. In Film Marketing is the process through which any product or service that has recently been launched or is about to be launched is promoted through hardcore commercial feature films that has a large audience. The idea here is to gather maximum attention. When a big movie hits the theatre the product enforcer looks to the movie production company to endorse the product somewhere in the film so that the audiences watching it will get an idea as to what the product is. This medium is effective reason being 1) It isn’t an advertisement that switches of your mood, 2) It isn’t being aired in television that will make you flip channels & 3) It isn’t being shown in paper or on a website where you could give it a miss. Here you are glued to the screen and you are actually watching every minute detail of it.

The next two innovative and commonly used method used to brand products are through advertising agencies and Public Relation Agencies. Traditional advertising involves promotions through radio commercials and television advertisements. A popular television soap or a big major event like a cricket match or a Miss India being sponsored by companies whose products and businesses are to be promoted. These events have a huge viewer ship and whenever these shows take a break you have advertisements thrown in. So after 4 to 5 repetitions it becomes synonymous with the viewer. Moreover if a popular celebrity publicizes it, it gains more footholds. Modern day advertising is also done Online. Infact the Online Advertising sector is one of the largest and fastest growing advertising concepts globally. The advent of the internet created an opportunity wherein at any given time you have the capacity to reach out to millions at minimum cost and effort.

Public Relation Agencies bridge the gap between the provider and consumer. Their KRA (Key Responsibility Area) is to promote, highlight and publicize the product as much as possible. True to their name they highlight every possible activity that would be related to the product they are out to promote. Be it by holding press conferences, events and then having the same promoted through media via news channels is a good way to get popularity. Proper Media planning and buying is involved. Resources, amount of ad space involved, creative pursuits and so on. All in all branding businesses and propelling them from one level to another is the major focus for all promotional (read advertising) companies. The revenue they garner is high and as a matter of fact the importance, need and rapid rise of advertising has provided a big competition amongst them.

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The Key to proper Advertising is to chalk out an USP that will not only trigger off your business but also help it survive successfully in the longer run. In order to ensure this one will have to keep supplementing the product or business venture that is launched with something new on a regular basis. Take the case of a soft drink. At any given point of time there are millions of companies that dwell with the same product, so in order to have your business survive and beat competition, it is imperative that you keep adding something new on a regular basis, something that’s imaginative, creative and catches the eye of the consumer. All corporate hire top notch Advertising Agencies to come up with innovative ideas and present a creative content that will help establishing the product theme and in the process convert targeted consumers into potential users. It is the amount of creativity that is implemented and factors that co-relate your product to your targeted segment that determines the fate of your business.

Another way to publicize your business is through Public Relation Agencies. Public Relation Agencies cater to a wide range of people, masses and classes alike. They bridge the gap that exists between the provider and consumer. Holding press conferences, media summits and getting them telecasted on major television channels are an important activity for media planning and buying that is undertaken by PR agencies. Getting a commodity endorsed by a well known celebrity is also adds value. Infact Ad films featuring well known personalities create media hype that does justify the pre-release campaign. All in all the main objective is to reach out to maximum people at one time. Currently the entire concept and infrastructure that used to be associated with Public Relation Agencies has undergone a complete transformation. Previously companies had a division that dwelt with Public Relations, but as of now the demand for PR has increased to such an extent that it exists independently. Whether it is corporate or IT, entertainment or media, every other money making mogul will have a PR organization solely for the reason to increase their stakes and that could only be possible by reaching out to the maximum amount of person or public on a whole.

The faces of Advertising too have changed. The concept of traditional advertising through newspapers has been replaced with new age digitalized advertising. The advent of the internet has opened up a medium where you could connect to millions of individual at any given point of time. Advertising agencies hire Media Planning & Buying agencies that in turn deploy creative professionals to conceptualize and frame innovative ideas that will propel a business to a new level and in process brand build it. Branding a commodity ensures mouth of word advertising in the latter stages that makes continuity of matter for time to come.

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Media as of late has been a key instrument in shaping various businesses over the last decade. Brand configuration has been one of its key-objectives through which various manufacturers have become household names. Media has played a dominant role in bridging products with the masses and classes through its wide range of coverage and in the process brand-building it. Right from traditional advertising concepts through television and radio to modern day campaigns done through the internet and mobile technology the grasp of the media has got firmer. In this article we will throw light as to how proper advertising helps in triggering sales and garnering revenue.

Media planning is a term associated with the world of advertising and product marketing. The prime objective of a Media Planning & Buying is to ensure that their client’s business objectives through their advertising budgets by recommending the best possible use of various media platforms available to advertisers. These platforms could be through its Public Relations Agency or any other channels that have an effective medium of communication and a wide range of reach. The procedure includes analyzing target audiences, keeping abreast of media developments, reading market trends, market happenings and research and understanding motivations of consumers. Aggressive advertising with innovative marketing concepts followed by final product packaging prior to the final product launch determines the success of a business endeavor. Currently all Advertising Agencies have undertaken a more holistic approach with media planners now having to consider PR, television channels, newspapers, digital media, product placement and other emerging communications channels in order to ensure the client's advertising budget is well spent by adhering to the overall marketing strategy devised by the client.

In case of Public Relation Agencies, the marketing consultants devise various strategies prior to officially bringing a product on to the market. Holding press meet with effective media coverage and distributing the telecasting rights to as many channels is a good way to circulate the product name. The rise of digital media has paved way to a medium where at any given point of time you have the advantage of communicating with millions at a time. The advent of the internet has given way to updating your peers and competitors alike on your business. Areas of digital specialization include behavioral planning specialists, ad network marketing specialists, social media specialists, and SEO/SEM/PPC experts. Another important faction involved in business marketing through media is the media buyers. Their prime responsibility includes purchasing time and ad space for the purpose of advertising. They analyze what is bought depending on budget, medium and platform, their quality and how much time and space is needed.

Business without advertising has no meaning. You definitely need to have the proper channel and medium to reach out to people. You not only want to make profits but would also enjoy your business becoming a brand. Media Planning plays a big role in shaping and propelling your business to a different level. Having a top most celebrity to endorse your products makes it all the more easier to reach out to the class and mass alike. Television commercials sponsored by your business if telecast during the right time will have millions to view your ad. The same holds true for Radio advertising and web-marketing. Yes and lets not forget the old-age traditional classified ads on you daily newspaper, media has definitely evolved with time, and with more technological evolutions we could expect it to grow all the more big.

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Life Insurance is the only investment module that ensures financial security for your future along with long term capital gains. Most importantly it also acts as an excellent tax-saving instrument, and also helps you earn rich dividends which again are tax exempted. It is a must for every average investor to have Life Insurance included in their investment portfolio so that they aren’t deprived of a permanent source of income when they actually have no source of income. Investing in Life Insurance should be made wisely. Proper time, budget the right kind of policy should be evaluated prior to making the investment.

When you decide to invest in Life Insurance Policies there are certain factors that you need to analyze prior to making the investment. The first is the policy you will invest in. When you visit Life Insurance Companies that offer you with a list of policies leaving you confused as to which one you should invest on. It is advised that you opt for the assistance of a Life Insurance Adviser to help you sort out a policy based on your needs, income and financial goals. Budget is also important. Depending on your income you choose an amount that you find affordable to pay as Life Insurance Premium. This payment is calculated on a yearly basis and is payable on a half-yearly to quarterly basis. All Life Insurance Companies demand that you pay your premiums on time. Failure to do so in the stipulated period will have the company confiscate you policy.
   
The Life Insurance Premium depends on the kind of policy that you choose to go in with. When you choose your policy you consider all essential factors that cover you and your family: i.e. people who are financially dependent on you, so that in your absence they are financially secured. Such policies are referred to as Family Life Insurance. Life Insurance coverage is also to be taken care off. If you find the need to be covered through your entire life it is suggested that you opt for whole life insurance policies. In this case you will need to keep paying premiums through out your life. Once you decide to stop paying the premium and the policy the entire amount will be handed over to you. In case of death the amount is handed over to the nominees. The other type of policy that one invests on is a term policy, where you pay the premium is paid for a certain term which is known as the Life Insurance Term. On the completion of the tenure the amount with the dividend (depending on market conditions) is handed over to the beneficiaries or the insured.

Another Major advantage of Life Insurance is that it acts as an excellent tax-saving instrument. Under 80c of the Indian Income Tax act any individual having an annual income of over Rs 1.5 lacs INR is liable to pay a certain percentage of his income as taxes. Having that amount invested in Life Insurance spares him from paying the tax. Not only that the dividend or interest that ends up at the end of the tenure of your policy is also tax saving. The Insurance sector has always been in demand since the financial regulation and economical boom that India experienced in the last decade. All major companies are coming out with plans to suit the need of individuals of all kinds right from the masses to the classes. The most prominent Life Insurance Companies in India as of now are 1)LIC, 2)ICICI Life Insurance, 3)Bharti-Axa Life Insurance, 4)SBI Life Insurance & 5) Aegon Religare Life Insurance.

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“Alas!!! Had I invested in life insurance, today I wouldn’t have fallen into this dump”. This is the statement that most people over the world have been making after facing current downturn in the economy, that’s being termed as “recession”. The average investor even though aware of the tenure that the recession lasts through fail to get themselves insured against life, most of them considering this module only to be a tax-saving instrument. Other then avoiding the current financial crisis Insurance does prove to be a source of income when you are actually out of one. You could be retired/ fired from work/ bankrupt, moreover on your demise it is the money that invest in Life Insurance Policies that takes care of your family. Fortunately in recent times there has been tremendous growth in the number of Life insurance companies, each of them coming up with their effective and convenient schemes that will ultimately benefit the investors.

 When the term investment is concerned, people genuinely think of investing in various investment markets like Shares, Stocks, Bonds, Forex, Mutual funds and many more financial markets. The very first thing that an investor does is to pay some amount of money to start on with the investment. And after that he has to keep on worrying about it. In this scenario an investor is not assured that he will earn the positive earning. And in case if the economy in undergoing with downturn, then what can be worst thing for an investor. He can just fall from top to bottom and nothing left in his hand. That’s the situation the people are facing over the world today. An intelligent investor is a person who makes investments in the market but prior to that he is better concerned about his financial securities as well. He thinks of gaining huge capital returns but in a safety way that it doesn’t harm his economy. So he will preferably opt for life insurance as a source of security for himself and his families. It is very important to know about the importance of life insurance because when the things in life are going well and smooth doesn’t matters but if uncertainties arise, he will be equally insured and makes themselves safe from being infected. So investing in life insurance is not at all a bad idea for an ideal person.

There are various life insurance policies that match the requirement as per the investors needs. For e.g.  Future Confident is a policy that is suitable, if the objective is long term targeted say about 15-20 years, either for children future or for investors own retirement and simultaneously granting protection to the investor’s family for uncertainties in life. Other then those mentioned there are various other life insurance services provided by the life insurance company. Investing in life insurance always incur tax benefits. So `according to good investors perception investing in life insurance has always proved beneficiary. That is way investing in life insurance is the safest investment among the investments.

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Hi there,
              In today's world of unlimited risk and uncertainties, how can one would could live without security. In terms of security the very first and the most  important is the financial security,on which all other securities depend on. Only the insurance is the only way that provide security to the investor and his family. Learning more about insurance and updates will probably help to make better decision.

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Post Your Income Opportunities Here / Source of Financial Banking.
« on: April 07, 2009, 08:05:18 am »
Retail banking services and wealth building services are the most essentially required services by the modern consumers. Learn more about it and various other banking service in detail through Retail banking.

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When you invest in Life Insurance Policies, you are offered an option to choose from two categories, Term Life Insurance or Permanent Life Insurance. Term Life Insurance is something that you would invest in when you don’t want long term capital gain, where as in Permanent Life Insurance there is no time limit and you carry on paying the premium till your demise. Life Insurance Policies on the whole are governed by the tenure of the policy, the cover they provide, the premium amount that is to be paid and the advantages that they offer. However they vary from company to company.

Term Life Insurance as mentioned is a policy where in you keep paying your premium for a stipulated period of time. After the tenure is over the accumulated some is handed over to you. You could also opt to renew these policies once their term expires, by paying nominal revised premiums (higher in most cases). The two major diversification of this type of policy are Group Term Life Insurance and Level Term Life Insurance. Group term Life Insurance is usually taken by an employer for his employees, where in the employer pays on behalf of his employees by reducing that particular amount from their salary. For level term insurance the insured selects a particular period and pay premiums for the selected period. The policy automatically matures at the end of the selected period. Once you select the term say 5-10 or 15 years you cannot alter it. This type of insurance is ideal for those people who are not able to make long term financial plans.

Permanent Life Insurance is an expansive policy where the premiums are paid as long as you want to enforce the policy. In a permanent Life Insurance policy you pay premiums for an indefinite period irrespective of the fact they exceed the amount to be distributed to your dependents in case of death. The premium amount that is accumulated is deposited in a separate account. If the company performs well the deposit yields higher returns and a share is periodically dispatched to you. If the insurer decides to retain the profits made from your investment with him then you are not required to pay income tax for that amount. There is a possibility like, when you withdraw certain amount of money within the given limit you need not pay income tax for that amount. But when you deposit money in the bank you have to pay income tax irrespective of the fact you utilize it or not. So in a way it’s a tax saving instrument.

Other types of prominent insurance policies include Family Life Insurance, Whole Life Insurance & Joint Life Insurance. Family Life Insurance is a scheme that is similar to group life insurance. Here all the members of your family (mainly wife and unemployed/unmarried children) are covered. Whole Life Insurance is a type of permanent Life Insurance policy where the individual receives Life insurance coverage through out his Life. All he has got to do is to be prompt in making his premium payments. He has to pay till a certain age and be covered through out his life. Joint life insurance policies are policies that enables two individuals to be protected, but the full value of the policy is paid only once at the time of either insurer's death. This is also referred to as the joint first to die clause. With most Insurance Companies coming up with schemes every now and then, the Insurance Sector is establishing itself as one of the most prosperous markets in modern times.

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Post Your Income Opportunities Here / Retail Banking Services.
« on: April 02, 2009, 07:58:06 am »
The Banking sector is considered to be the largest Business provider. It is diversified with every section catering to one particular transaction. It could be either individual/personal or business to business banking. The kind of banking where the financial institute directly executes transactions with the consumer is called Retail Banking. Retail Banking services include savings and checking accounts, personal loans, credit cards, debit cards, etc, etc.

On general terms retail banking refers to typical mass-market banking in which individual customers use local branches of larger commercial banks. Retail banking aims to be the sole destinations where an individual finds as many as financial services possible catered to meet his needs. As of late Retail Banks has also gone ahead and stepped into wealth management services, brokerage accounts, private banking and retirement planning. One of the most prominent features of modern day is retail banking is the facilities that it has provided to its consumers. Right from ATM’s to credit cards to debit cards to phone banking and online banking retail banking has provided it’s consumers with the most convenient banking facilities. While some of these services are outsourced to ensure financial regulations, they often intertwine with core retail banking accounts like checking and savings to allow for easier transfers and maintenance.  The core idea is that a consumer can avail banking services without paying any branch a visit for the same. In most cases it provides single window service which means that customers can visit one counter for any banking need.

One the most critical factors that determines the success of Retail Banking is flexibility in its branch organization. Regional differences could be taken into consideration, but they must co-ordinate with each other to ensure that every need of the consumer is met. The most prominent product sought after in Retail Banking is personal loans. These loans are launched by financial houses under different yet attractive brand names to attract customers. The tenure granted for repayments usually lasts from 5-7 years with housing loans being provided for a longer duration: i.e of 15 years. In recent past retail lending has been a key profit maker for numerous banks. The new age private banking sectors have highly benefited through this aspect of retail lending, but in the longer run it has been the public sector banks who have profited the most, thanks to their vast branch network and out reach.

The last decade has witnessed the emergence of Retail Banking in the global front. Establishing good customer relationship strengthens your financial base as with every major deal that you incorporate via your customers adds to your treasury. As of now the Retail section is undergoing a strain courtesy the recession. The failure to repay debts has seen the fall of global financial houses. So it is very important that a thorough examination is done to ensure know your customer (KYC) norms prior to issuing major loans. Customers on their behalf need to be very cautious and pay close attention to all aspects of their account. Reviewing your bank statements on a regular basis and ensuring that you aren’t paying extra charges is a good way to keep your accounts safe and secure.

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Have you ever thought of being financially dependent on your children after you retire and no longer have a source of Income. Sounds terrible doesn’t it?. Think of this all your cash reserves are empty and all your investments that you made with the intent of seeing off your old age has been washed of the pipe and you have no other option other than depending on others for food, shelter and clothing. The very thought of this sends shivers down your spine…Doesn’t it?? After all it is hard predicting what is in store for the coming years. In order to ensure that you are spared of the embarrassment it is wise to opt for investment instruments that serve the purpose of long term financial security and gain. Investing in Life Insurance and its fellow products is a good investment option as it fulfills all your goals in the longer run.

It is important that you include Life Insurance policy in your investment portfolio. When you opt to invest in Life Insurance you not only invest for your future, but you invest considering your families necessities. Individuals who depend on you for a living could be deprived of an income in your absence (read demise). Hence it is suggested that you analyze every pros and cons before you opt for your Life Insurance Policy. Ideally a policy that you could afford to pay the premiums for in the longer run is recommended. Chalk out your monthly expenses and then settle in for an amount that you could afford on a periodical basis. Failure to pay the premium in stipulated time will result in the policy being confiscated by the insurer (Life Insurance Company). Also important is the coverage you get from the policy. Life Insurance Coverage determines the period for which you are actually insured. They could vary. In whole Life Insurance you keep paying the premium through out the term of the policy, where as in term life policy you pay the premium till a certain time, after which an amount (depending on market conditions) is returned to you.

There are different types of Life Insurance Policies that are offered to you by the Life Insurance Company, the most prominent amongst those are Family Life Insurance, Whole Life Insurance, Premium Life Insurance and Term Life Insurance. When you opt to go in for Family Life Insurance, all your eligible family members get covered. This generally includes your spouse and children. Usually dependent children must be unmarried and fewer than 22-23 years of age, incapable of self support. The payment is simple. Usually if you are employed the employer deducts a fixed amount from your salary and hands it over to the insurer. This amount keeps being deducted and accumulated in your policy account until you retire or leave the company. After that it is returned to you. Premium life insurance is a type of term life insurance with return of premiums paid throughout the policy term. Like other forms of life insurance, if you die during the term of the policy, your family will receive the accumulated sum benefit of the policy.


Whole Life Insurance is a sub-part of permanent life insurance where the person is eligible to obtain protection through out his life. Here the Premium rates are constant through out; hence it is advised to invest in these policies at a very early stage in life. Life Insurance where the Life Insurance Premium is paid for a stipulated period of time (5-10-15 years) is called term Life Insurance. The premium rates here are bit on a higher scale compared to a Permanent Life Insurance. A major advantage of Life Insurance is that it serves as a major tax saving instrument. Under section 80CCC of the income tax ordinance amount invested in Life Insurance Policies is subjected to tax-exemptions. If an average investor has an annual income of more than the tax limit then the amount he will invest (till one lac) in Life Insurance will be deducted from his yearly income. This facility makes it much more appealing in terms of an investment module. With recession hitting the jobs market hard, the insurance industry is possible the only sector that hasn’t been affected, simple because of the genre it dwells in. The sooner you opt for Life Insurance, the sooner you start valuing your Life.

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Modern Day Banking has become extremely hectic with loads of transactions occurring at the same time across the globe. With financial regulations stepping up, there are businesses that require banking 24/7. With technology evolving on a regular basis, new concepts of banking are being introduced now and then. With the birth of the internet, all major transactions have become faster and secured. Ditto for mobile banking, banking has been at its convenient best. Gone are the days when you had to wait till the teller counted your number and you silently followed his instructions either to deposit an amount to or have a cheque encashed.

As of today all the major financial houses offer their customer with doorstep banking facilities in order to ensure that they stay tuned with their finances from any part of the world. Online Money transfer makes transactions easier when you transfer money from one country to another. Ideally when an individual residing in one country proposes to transfer a certain amount of money to another country through the Net Banking Facility that is offered to him from the bank he has an account with, the procedure is termed as Online Money Transfer. Here he is entitled to get the amount transferred to any country of his choice, provided the same bank has a branch existing there and at the same time the money that is transferred will be converted into the currency of that particular country. The transfer is almost instant, at the most a couple of business days and you are provided with timely updates regarding your transactions. In most cases the recipient usually receives the amount in a matter of seconds irrespective of the location.

Earlier you had money transfer options from banks through traditional money transfer orders, which would consume a whole lot of time but most importantly keep both the sender and recipient in anxiety. In most cases this problem had plagued Indians for decades. During the 80s and 90s when a whole lot of Indians migrated abroad to get their NRI status they found it extremely difficult to remit money to and from India. But due to the successful economical growth that the country witnessed in the last decade or so, the problem of money transfer started easing up. Globalized banks started opening up bases in India and with the advent of the internet they introduced the platform of Internet/Online Banking. The financial houses created websites for themselves and set it live online for their consumers to server their purpose. Online banking also ensured that any new products or schemes launched were displayed almost instantly and at any given point of time it reached out to millions of potential users, thus providing a cost effective mode of advertisement.

Online money transfer also includes money transfers from stocks, bonds, Mutual Funds and Equity trading. Almost every privatized financial player provides online money transfer facility. The most prominent medium of payment or transaction online is through Paypal. Other major financial players who help in establishing online money transfers in India are Barclays, Western Union and Axis Bank amongst others. Transferring money from one part of the world to another is a minor issue now as customers can easily avail this facility either from their homes or offices. Moreover with the concept of Mobile Banking taking center stage business banking will be at its very best.

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There is no point in having a business and not promoting or marketing it. Modern day advertising requires a lot of effort that is dedicated not only to grow and expand your business but to brand build it. You require a medium to bridge the gap that exists between the provider and the consumer. It is here that the concept of Public Relations steps in. Public Relation is a medium which is used to build rapport with the general public and the business owner so that when a business product or service is launched the message is conveyed to one and all. Any major organization that has a stake in how it is portrayed in the public will definitely have a Public Relation Agency appointed to brand build its business name.

The economic bloom that India experienced last decade saw the birth of numerous business which were introduced for the first time in the Indian Sub-continent. Many companies opened up for the first time. Eateries like McDonalds, Dominos which were highly successful in the west opened up their markets in India, but needed to spread their name to the common folks. The concept of wireless communication was also introduced for the first time. But they all needed one thing, consumers. How were they going to spread awareness of their businesses? How would they reach out to the mass and class alike? It was here that Public Relations played an important role. Holding press releases, media meets and hosting events to promote the same saw the entire coverage being spread out to every corner in the country, either through newspapers or television channels. By spreading news about your business and keeping the people updates is the core activity of Public Relation Agencies.

Effective Brand Building holds the key to success for any major businesses. Say you launch a product and through various promotional tactics it succeeds to serve it’s purpose. What happens after that is your business name or product name automatically gains significance in your market and thereafter you spend less for promotions for following product launches. Attending and speaking at conferences and regular interaction with the press and media are certain activities that are undertaken by the Public Relation Agencies. Currently the entire concept and infrastructure that used to be associated with Public Relation Agencies has undergone a complete transformation. Previously companies had a division that dwelt with Public Relations, but as of now the demand for PR has increased to such an extent that it exists independently. Whether it is corporate or IT, entertainment or media, every other money making mogul will have a PR organization solely for the reason to increase their stakes and that could only be possible by reaching out to the maximum amount of person or public on a whole. All in all you could say 'Brand Effectiveness’ largely depends on the sort of PR working for them. Today you have Big time celebrities who are going all the way to hire PR agencies to market them to the masses. Right from cinestars, to sports icons, to politicians to party socialites and to even Social workers every one has a PR firm or a personal executive to keep them updated. Undertaking a PR campaign isn’t simple. One has to understand the psyche and activities involved within and around the media with an alert mind. When you try promoting one client you will have to understand that there are million others of the same genre that exists some of whom you must have promoted yourselves, so how do you promote this one differently. Turning potential users into guaranteed consumers should be primary objective, and that is something that PR agencies handle extremely well.

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The term NRI (Non-Residential Indians), refers to a section of people having Indian origin but residing outside India. NRI Banking is done to attract NRI’s to carry out financial transactions, like depositing amounts and other remittance into India through banking channels. NRI Banking was introduced by the Government of India in 1970, to bolster the balance of payments between Indian banks and NRI’s through Non-Resident (External) Account Rules which are governed by the Exchange Control Regulations. Funds held in these kinds of accounts enjoy certain provisions like tax-exemptions, free repatriation facilities, etc.

NRI Banking in India is maintained by banks that hold official authorized dealers license from the reserve Bank of India. The financial budget for 2007-08 extends nri term deposits accounts to regional rural banks (RRBs) as well. This would boost the economical growth in areas like Bihar, Kerela and Central India where the financial regulation as of now has been stagnant.
NRI-Banking facilitates the NRI customer to open the following types of accounts: 1) NRE (Non-Residential External) Account, 2) NRO (Non-Residential Ordinary) Account and 3) FCNR (Foreign Currency non-residential bank) Accounts. All NRI’s are permitted by the RBI to open all these accounts except for people residing in Pakistan or Bangladesh, as they would need special permission. Joint accounts of two or more non-residents and nomination facility are permitted. The NRE account is opened in the form of Savings, Current or fixed deposits in Indian rupees. The funds in this account are fully repatriable. NRO accounts can be opened in the same manner as an NRE account, the only difference the funds here are not repatriable. FCNR accounts can be opened using a US, European and Japanese currency. The funds in this account are also repatriable.

NRI money transfer and NRO deposits follow a modular structure. These various modules render Banking solutions in a seamlessly integrated fashion. The Masters module permits maximum parameterization to be done, enabling the end user to make all changes with regard to Interest Rates or with regard to any changes as per directives from Head Office / RBI. Inventory, Currency, Country, Exchange rate and return reason details are also maintained. Scheduling of charges is also important. Most global banks having their bases set up in India offers products and services that tailor to the need of a wide range of customers. Hence the charges that need to be incorporated for these transactions should be fixed after through analysis. These charges mostly depend on the magnitude of transaction taking place. Other major facilities include authorization and freezing of Accounts, account closure, pre-closure, Renewal & overdue renewal of Deposits and issuing of final Savings Bank Interest Calculations.

As for interest rates provided on the NRI accounts are concerned, FCNR (B) and NRE are subject to a cap, and should not exceed the SWAP rates. In the case of NRO accounts, rates are determined by the banks. The interest rates, currently at 3.5% apply to a period of 1 to 3 years. As per RBI statistics, total NRE/ FCNR deposits made during 2006-2007 amounts too USD 37,751 million. The figure however is estimated to grow with regional & co-operative banks offering lucrative offers to bolster the NRI funds.

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Post Your Income Opportunities Here / Of movies, Money and Bollywood
« on: March 12, 2009, 07:52:05 am »
Thanks to the country’s increasingly globalized business platform, there is immense scope for a creative and market-attuned movie production company in India today. The Indian film industry – both in the advertising and entertainment sectors – now rivals in scope and scale anything that the West has to offer. The Indian Film Industry also termed Bollywood has reached a level of glamor and international interest that only Hollywood could previously boast of. Indian television as of late has also been a major revenue-spinner that drives a number of retail and entertainment markets. Given the adequate resources a movie production company in India could deliver products in lines of international standards. The concept of reality shows has also given birth to small time production houses that continuously produce shows on a yearly basis in terms of series of seasonal ventures. The USP of these reality shows lies in the form of well known film stars or celebrities who either judge the shows or put in a guest appearance for an episode or two, thereby increasing the TRP.

Movie production company is a refined science with exacting protocols to ensure the right product is delivered within specified time-frames. The entire process is basically five-fold. At the development stage, the company develops or commissions a script and adapts it into a suitable basis for a film. Then you have the pre-production process, wherein the company harnesses it resources for the actual shoot by hiring a cast and crew, selecting a location and putting up sets. In the ensuing production stage, the film crew records the raw elements of the film and graduates it into the post-production stage. Here, the editing process takes place and appropriate visual and audio elements such as music and special effects are incorporated. This invariably involves the use of computer-graphic visual effects. In the case of an ad or corporate film, the product is then delivered to the client. If the film is a commercial venture, the company’s sales and distribution division ensures that it reaches theater and/or DVD distributors for dissemination to the general public.

Eventually a lot of money, man power and work is at stake at the initial stages of a film. A good production house does ensure that the entire process in executed in a through professional manner. Right from the make-up artists to all backstage members to the actual cast, all needs are taken care off. Yes, these are exciting and challenging times for any movie production company in India. As the market for quality movie making expands in the country, more and more companies are rising to occasion.

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With the fiscal year 2008-2009 drawing to an end, most individuals are rushing around to make investments to minimize their tax liability. Generally it is seen that the salaried individuals are the ones that end up paying more taxes then they need to do. It is here that you start investing in schemes that term themselves as “Tax Saving Products”. They definitely wind up saving your taxes, but the flip sides of these products is that they might not be the perfect investment module that would suit your needs in the longer run. Undoubtedly Insurance products sale like hot pancakes this season, as they offer a wide range or plans and policies that not only help you to save on your taxes but provide you with long term security and financial gain.

Life Insurance should definitely be an integral part of an investor’s portfolio irrespective of the tax-benefits derived from it. The basic purpose to invest in insurance is to ensure that you are financially secured through out. It could be when you retire; you are bankrupt or running out of a genuine source of income. People generally tend to consider it as a tax saving module, thereby overlooking the prime objective of this investment scheme. When you invest in Life Insurance Policies or Life Insurance plans it is imperative that you choose the ones that suit your needs in the longer run. By paying the Life Insurance premium initially you should reconsider the amount its mode & tenure that you will have to pay the premium. Failure to do so on a consistent basis will only have your policy confiscated by the Life Insurance Company. Hence, the decision to buy insurance should be solely based on the individual's needs for protection; the tax benefits must be treated as incidental.

Waiting till the end of the financial year and then making hasty decisions isn’t a good idea. As a matter of fact it should be procured as and when needed and not only to save on taxes. This practice deprives investors of the opportunity to conduct a thorough evaluation of the available options. By opting for the wrong policy, one runs the risk of being under insured. Another major mistake that is quite prominent in the insurance industry is mis-selling. Over the years, several insurance advisers have been guilty of selling products that were right for them (helped them earn higher commission income), rather than the investor. Basically ULIP’s (Unit Linked Insurance Plans) are the most mis-sold instruments. Hence it is necessary that you are involved with an ace insurance adviser prior to making your investment. The investor should also conduct a through analysis prior before zeroing in on any product.

So when you decide to invest in Life Insurance Policies, you got to consider to important options: a) First, decide how much insurance is required and 2) Decide the type of insurance product that can help meet the requirement. Term plans and Endowment plans are the most common sought after Life Insurance Plans. Term plans provide insurance cover. In other words, if the policy holder survives the policy term (i.e. the period for which the policy offers him insurance cover), then he gets nothing i.e. there is no maturity benefit. They have the lowest premium structure. Endowment plans unlike term plans, these plans provide maturity benefits under both scenarios - death or survival. Since endowment plans provide maturity benefits in both the scenarios, their premium tends to be higher than the premium on term plans. ULIP’s are innovative products combining both insurance and investments. They are market-linked i.e. they invest in equity/debt markets. With their rapid growth Life Insurance Companies are launching new policies practically every now and then. The insurance adviser can play an important role in reviewing the portfolio and recommending which policies should find place therein. Hence it makes sense to be associated with an adviser for whom insurance is the core activity.

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Post Your Income Opportunities Here / Wealth Management Services.
« on: February 21, 2009, 07:05:59 am »
Wealth Management services are a professional service provided by reputed financial organizations to their valued customers. Generally speaking it is termed as an investment advice as it encompasses all parts of a person’s financial life. The prime objective is to provide worthy individuals with tailored retail banking services such as taxation, investment decision and other primary transactions with the goal of sustaining and growing long-term wealth. This is a value added gift to the customers that the financial institutes offer as it provides a detailed insight to all primary monetary transaction made and in the process updating him regarding his/her current financial situation, so that he can meet future financial obligations with ease.

Wealth management services are provided by independent financial advisers or large corporate entities who’s primarily goal is focused on high net worth individuals (HNWI). This activity ensures a long lasting association between the organization and the customer involved. These customers fill in the bracket of mass affluent or upper retail client, because of their net worth; the number of investment instruments that they opt to invest upon, their assets (insurance, mutual fund, stocks, bond etc etc) under management. Large financial and brokerage institute create separate sales forces, services and other 'benefits' to retain or attract these customers who are typically more profitable than other retail banking, brokerage, or insurance customers. This helps banks capitalize on their customer base to create additional revenue streams, by offering HNWI and the mass affluent extended products and services. Wealth management services complements the existing expertise of CPA’s (Certified Public Accountants) and leverages the financial knowledge & information about clients' lives that they already posses. All in all it is a winner and all the bankers associated with investment banking benefit a lot through it.

Typically a Wealth Management Team from any major financial Institute consists of financial advisers who are categorized into three major divisions; a) The Product Specialists, b) The Investment Generalists & c) The Wealth Managers. The Product Specialists are financial advisers who focus on products such as managed accounts, stocks or fixed-income alternatives. This group corresponds to CPAs who offer only traditional accounting services. The Investment Generalists are financial advisers providing a wide range of investment products, but lack comprehensive financial planning orientation. Wealth managers make a detailed insight into the financial lives of their clients that enables them to come out with integrated solutions. It also offers the wealth manager the opportunity to cross-sell a wide range of products and services to each client as appropriate. When a customer has a whole lot of accumulated wealth that could be used for certain gains for the customer as well as for the organization, the bank offers him/her various investment instruments/modules and appoints investment advisers to help him make decisions. These investment modules could start of from mere schemes like deposits that the bank itself offers to investing in insurance, mutual funds and general stocks and bonds to provide long term capital gain and growth.

Through sophisticated analytics, relevant financial planning and asset allocation tools financial institutes derive rich integrated insights about the HNWI client’s investment portfolio, thereby providing them the opportunity to borrow an amount (leverage) from the client, by offering him investment modules and then cross investing this amount in a manner that would ensure that by the end of the tenure of investment both the client and the organization profits a lot. Every financial operation is processed identically. Every major transaction has a successful update or a banking statement to act as a testimony in case of technical deficiencies. Wealth management solutions/services is a fully integrated and component-based solution that guarantees consistency of data throughout.

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Initially all types of Life Insurance Policies were term Life Insurance. However as term life insurance only pays a claim upon death within the stated term, most term insurance policy holders became upset over the idea that they could be paying premiums for 20 or 30 years and then terminate the premium and have nothing to show for it. This gave birth to the concept of Whole Life Insurance, which proved to be beneficial to both the insured and the Life Insurance Company. By guaranteeing the death benefit and the cash value, the policy owner was assured that insurance coverage would be in force when the insured died. The Life Insurance Company benefited because with every premium payment made, the net amount at risk, and thus the cost of insurance, was reduced In case of a Whole Life Insurance policy the premium rates are constant through out. It is advisable to invest in these kinds of policies though primarily for two reasons. Firstly the financial strain will be minimal for a person of that age. Secondly when a person invests early he won't find it difficult to pay the same amount even after he gets old because of two factors namely the rise in his income and the uniform rate of premium.

The two main categories of traditional whole Life Insurance are a) Ordinary whole life insurance policies & b) Limited pay whole life policies. Ordinary whole life insurance policies require the policy holder to pay a fixed sum of money up to an old age. This is done to ensure that when the policy matures that the insured gets money whose value equals death benefit. But in practical cases the insured fails to keep the premium carrying on as they either die during the payment tenure or surrender the policy to get the maximum value. For Limited pay whole life policies the insured is required to pay premiums at a uniform rate. Here the period for which the policy is taken is less compared to ordinary whole life insurance policies; hence the insured is required to pay a higher amount of premium. Limited pay whole policies are further categorized into A) Interest Sensitive Whole Life Policies - This policy does not pay returns to the insured. However the amount earned by investing the insured's investment is accounted and paid to the insured, B) Universal Whole Life Insurance Policies – A very flexible type of insurance policy, which allows for a change in death benefits every year & C) Variable Life Insurance Policies – Here the insured will be able to earn a higher amount when compared with the other policies. At the same time the insured will not be able to claim other insurance benefits like loan.

Major benefit of this kind of policy is the availability of loans. The amount of such loans will be decided on the basis of his policy amount and premiums. But in such cases the amount or refund that they will receive after the expiry of policy will be less. Whole Life Policies are for people guarantees returns on investments; hence it is best suited for people who are looking for something more then protection. If the investment (premium), that you make is invested in stocks then expected returns aren’t assured, but if they are invested in other financial instruments like banks or trading sectors then the returns are ensured.

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Post Your Income Opportunities Here / Import Letter of Credit.
« on: January 30, 2009, 05:19:21 am »
Import Letters of Credit provide importers the most widely used and accepted international trade payment mechanism and finance instrument. By structuring Letter of Credit terms to allow Deferred Payment or Trade Acceptance a Letter of Credit can be utilized to provide financing to the importer. It guarantees payment, provided the seller complies with the terms and conditions within the Letter of Credit. An irrevocable letter of credit cannot be canceled or varied without the consent of all parties. A bank issue an import letter of credit on the behalf of an importer or buyer under the following Circumstances a) When a importer is importing goods within its own country, b) Any act of merchandise where goods from the country is sold to another commercially, c) When an Indian exporter who is executing a contract outside his own country requires importing goods from a third country to the country where he is executing the contract. The first out of these three is the most common reason to get a letter of credit in modern day trading.

There are certain fees and reimbursements associated with this kind of trading though. The issuing bank charges the applicant fees for opening the letter of credit. The fee charged depends on the credit of the applicant, and primarily consists of: A) Opening Charges, which comprises of commitment and usage charges for the period of the letter of credit, B) Retirement Charges: This is to be paid when the period of letter of credit terminates. The bank providing the letter scrutinizes the bill according to UCPDC (Uniform Customs and Practice for Documentary Credits), and levies charges based on value of goods. There are certain risks also that are associated while opening this kind of account. Basic risks include: Financial Standing of the Importer, the goods involved, the exporter and country risk and foreign exchange risk. Price risk is another crucial factor associated with all modes of international trade. All banks need to evaluate their strategies on the mentioned criteria’s prior to issuing the letter of credit.

Import Letters of Credit provide importers the most widely used and accepted international trade payment mechanism and finance instrument. By structuring Letter of Credit terms to allow Deferred Payment or Trade Acceptance an L/C can be utilized to provide financing to the importer. With the amount of influx creeping in the Indian Market, people primarily into forex business or into international trading will value this document. Most importantly international trading has a whole lot of money involved and if done properly could accumulate a turnover capable of running a state’s budget; hence it is important that it is handled with care.

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Any Media and Entertainment Company in India, today is all set to enter the Golden Era. Currently one of the largest markets in the world the industry is growing and is said to be raking in multi billions in another couple of years. The Industry as of date has an estimated size of US$ 7.72 billion and is expected to reach US$ 18.32 billion by 2010 with maximum growth expected in television and film segments. There are more then 300 national and regional television channels and close to 1000 films made every year. In 2007 the Indian media and entertainment industry grew 17 per cent over the previous year, touching the US$ 11.92 billion mark, according to a joint report by industry body the Federation of Indian Chambers of Commerce and Industry (Ficci) and audit firm PricewaterhouseCoopers. Moreover if you are into another business not necessarily entertainment, exposing it to the media will get you publicity which in turn may prove useful to gathering good revenue.

The biggest boom in the entertainment sector in India over the last decade has come through the Indian Film Industry. The Indian film industry, with over 3 billion admissions per annum, is the largest in the world, in terms of number of films produced per year. The opening of the film industry to foreign investment coupled with the granting of industry status to this segment has had a favorable impact, leading to many global production units entering the country. For example, Walt Disney has partnered with Yash Raj Films to make animated movies, the Warner Group is funding the Sippys' film projects, Viacom has joint-ventured with the TV 18 group to form Viacom-18, and Sony Pictures Entertainment has co-produced Saawariya with SLB Films (Sanjay Leela Bansali FIlms). Simultaneously rise in income of individuals and advancement of technology & change in consumption patterns have completely altered the style of functioning of the industry. Right from the production, distribution, exhibition to marketing the entire lookout has gone hi-tech. One primary change has been the rapid growth of multiplexes, which meets consumer demand for quality entertainment and has also helped boost production of niche films targeted at niche audiences.

Coming to the media part good and attractive media helps your company look professional & ensure that your customers buy from you. They can be your individual buyers or business to business customers. A good advertising campaign for your business could do it a world of good by convincing the general people the top of mind awareness for your company or product. An advertising company in India along with a public relation agency in India does play an important role in entertainment media. When you use entertainment media make the campaign look extremely professional, fresh and tight, make it funny so that people can relate to it and most importantly avoid vulgarity. Entertainment media production is a powerful tool in helping generate revenue and if used as accurately as possible could propel your business to a different level altogether.

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Whenever you think of opting for Life Insurance Policies, the general image or idea that flashes on your mind is that of a salesman trying to entice to purchase a policy under his company name. Now if you are a completely new customer and have no idea as to what kind of deal suits your need, you end up making the wrong policy. Life insurance is also used to pay death taxes and estate settlement costs, to shift wealth from one generation to another or to benefit selected charities.. Most people go in for a life insurance policy to ensure that upon his/her death, the beneficiary is financially secured. Life insurance policies are typically divided into two major types: term insurance and permanent insurance. From these two basic policies, the insurance industry has developed a number of products using the same essential principals. People on a general basis would consider a life insurance policy to have no time limits, which always isn’t the case. Lets discuss the two types of life insurance policies in detail.
                 
Term Life Insurance: A term life insurance policy pays the beneficiary or the nominee the due amount only if the insured individual expires during the time/ tenure of the policy. No benefits are paid if the insured exists beyond the term of the policy and there is no investment or cash value feature inherent in this type of policy. For this reason, term insurance policies will carry the lowest premiums in the earlier years of the policy. However, as an individual gets older, term insurance gets more expensive. A major problem with term insurance is that with the expiry of the insurance policy, the insured would need to replace or renew the policy at a higher premium.
   
Permanent Life Insurance: A permanent life insurance policy, often referred to as whole life insurance, is intended to provide protection throughout the life of the insured. It is an alternative to term life insurance and the premium is a bit costlier too. This is done to maintain the premium level while the policy is in place. Moreover as the insured keeps getting older the mortality rates increases. A couple of permanent life insurance policies are the universal life insurance policy and variable life insurance policy. A universal life insurance policy provides flexibility for the insured by allowing the individual to select the premium they would like to pay. Variable life insurance is a policy in which the insured has the ability to direct the investments of the cash surrender value to achieve potentially higher returns than could otherwise be realized. If the investments perform well, the death benefit will increase.

Determining your need prior to choosing a policy is important. Insurance is basically done when you have young members in your family, there is one bread earner and insufficient savings to meet the demands of the survivors in case of a disaster. The type and amount of insurance which is being considered must also be predicated on the affordability of the premiums. A policy which is too expensive to carry may result in an early termination. The insured would then need to reapply, usually at higher costs, and potentially subject him or herself to a physical examination to determine overall health.
Going by the current premium values in the market the top 5 insurance companies would be ranked as

1) ICICI Prudential Life Insurance.
2) Birla Sun Life Insurance.
3) HDFC Standard Life Insurance.
4) Life Insurance Corporate of India.
5) Bharti-Axa Life India.

Life insurance is a very complex product and, yet, is essential for many individuals in order to protect their loved ones or meet the other needs for which it is being purchased.

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Post Your Income Opportunities Here / Best Mutual Funds.
« on: December 05, 2008, 08:41:27 am »
What are the criteria’s that comes in mind when an investor decides or chooses the best mutual fund to invest upon? A couple of important factors come into play here. The first is the total number of assets that are under the management of the fund manager for that particular fund: i.e the asset allocation and growth or yield of that fund with due course of time. Mutual fund investments are generally low risk investments when compared to individual stock investments. Hence when you create your investment strategy it is necessary that you define your goals and objectives and if you opt for mutual fund investments, it’s necessary that you include it in your investment portfolio. Once that is done the next step would be determining the choice of the find. Other than the criteria’s mentioned other important factors include performance of fund, fund manager, fund family and buying and redeeming shares. Also prior to making a mutual fund purchase, review your account statements and those of your family to find amounts of investments in a particular mutual fund or family of funds to see if these transactions can be combined to obtain a breakpoint discount. Don't limit your review to accounts at a single securities firm. You may have related mutual fund holdings in accounts at other securities firms or with the mutual fund company itself that can help you reach a breakpoint discount.

Checking the performance of the fund means getting an overview of the fund’s performance for the last 10 years approximately. Investing in a fund based on it’s current performance could be dangerous as the performance of a fund is dependent on the fund manager. It could be that the fund manager was good only at estimating the fluctuations of one particular market and hence he had the results. There is always a co-relation of results of a fund from the past to the future. A fund that has performed consistently well in the past is always bankable for the present as well as the future. See if the investment style of the fund matches your goal and if you are comfortable with the level of risk involved in the investment. The level of risk depends on short selling, leverages, derivatives and market timing of the fund. Name of fund isn’t that important. Say a fund that started out with small time capital stocks and had a name that related to its nature could have ballooned its assets later and would go onto become a bigger fund.

The performance of a fund as mentioned will depend on the ability of a fund manager; hence it is wise that he/she is consulted prior to making the investment. Fund family includes policies, services and area of expertise. Services include account information and availability, news letters and annual reports. Buying and redeeming of shares enables you to buy and sale shares directly from the fund. This allows you to overlook brokerage commissions. All in all Mutual Fund Investments is the best investment strategy for long term capital gain along with security, provided you opt for the best mutual fund.

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