Archive for the ‘Business’ Category

Small car race in the market

March 10th, 2010 No Commented

Categorized Under: Business

After the success of small cars in the market, almost every manufacturer, who so far have been only manufacturing luxurious car has forayed into small car segment to expand their customer base.
Cars have long back become a commodity to people than a luxury. With the coming of small cars that could fit their family [...]

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Fortune to sell its brand to Puma

March 10th, 2010 No Commented

Categorized Under: Business

Fortune, a company which is into diversified consumer products, would be selling their brand Cobra , a golf equipment , to Puma , a German sportswear company. Fortune has told that the sale would include everything related to Cobra like the inventory, endorsement contracts, staff, intellectual property. All staff related to Cobra brand [...]

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Bank of New York Mellon Corp may plan more acquisitions

March 8th, 2010 No Commented

Categorized Under: Business

The Bank of New York Mellon Corp or BNY may plan more acquisitions after it buys the BHF Asset Servicing. The BHF Asset Servicing is bought by them at $346 million. The deal is funded internally and the same may closed in the third quarter as per a reliable source. The combined company [...]

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A wonderful work place is what best employees need

March 4th, 2010 No Commented

Categorized Under: Business

Google knows well how to treat its employees and become the number one. The Google’s workplace has everything that ranges from teddy bears, aero planes ,a Chelsea football. The working place of Google has everything ranging from sports wear to shorts. The innovations are churned by such an environment the HR employer says.
The Google HR [...]

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Toyota heading for tough times in US

February 23rd, 2010 No Commented

Categorized Under: Business

The year 2009 was the best year for Toyota till October month, when it became the Number one player in the US car market unseating the mighty GM. But since then, Toyota has been reporting many quality issues in most of the leading brands of cars from its stable.
In fact it has recalled over [...]

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Fannie Mae and Freddie Mac must be allowed to shut down

January 22nd, 2010 No Commented

Categorized Under: Business

A senior Democrat, part of the Obama administration, has said that the ailing housing finance companies, Fannie Mae and Freddie Mac must be allowed to shut down at the current form. He feels that these companies are white elephants eating away too much of taxpayers’ money and does not have any real hope of [...]

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Choosing the right way

January 14th, 2010 No Commented

Categorized Under: Business

It is relatively easier when you have limited choices, to select one among those limited choices. But, as the number of choices become more and more, selecting and deciding on those becomes increasingly difficult to do. That is what happens when you check out the cars such as the mitsubishi models. There are too many [...]

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Former Citigroup chief blames management

January 7th, 2010 No Commented

Categorized Under: Business

The citigroup former chief executive Sanford Weill blamed his successor for all the crisis the bank is facing.
He said that his successor Chuck Prince took many wrong decisions that lead the bank into major crisis. The former chief also said the higher risks were taken by Prince beyond what was needed, thereby letting its balance [...]

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Japanese Finance Minister Quits

January 6th, 2010 No Commented

Categorized Under: Business

Japanese PM Yukio Hatoyama has been forced to replace his experienced finance minister, Hiroshisa Fujii, who has resigned due to ill dealth.
Naoto Kan has been chosen as the country’s new finance minister.
Mr Hatoyama had earlier said he did not want Mr Fujii, one of the few experienced ministers in his Democratic Party-led government, to stand [...]

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Silver lining during recession

December 30th, 2009 No Commented

Categorized Under: Business

As the Christmas is nearing many luxury stores are being more attentive to their customers. The recession has lead to all these wonderful treatment in luxurious shops.
Some jewelers’ stores in Madison Avenue are giving a glass of champagne to their customers. This holiday season each one of us is treated as VIP in high end [...]

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