Category: Industry

Despite the lull in the real estate sector and the subsequent reduced demand, the asbestos cement sheet industry has managed to record a healthy growth rate of 10-12% per annum.

The slowdown in construction activity has failed to dampen the spirits of SMEs that constitute the bulk of the sector as they continued to receive a steady flow of business.

Experts believe that the high growth rates clocked by the sector have been mainly possible due to the sustained demand in the rural sector, which accounts for over 50% of the market for the asbestos industry.

Succeeding despite odds

Though last year saw a spurt in campaigns against the use of asbestos products in India, SMEs in the industry continued to witness a surge in the demand for their products. Small vendors providing roofing material to the rural population remained relatively unfazed by the adverse effects of the downturn and the campaigns.

Even though the construction sector has taken a hit due to the slowdown, the demand for asbestos products has not been affected. We have continued to see good margins and increased offtake despite worsening economic conditions, said T Sohangpurwala, proprietor of Calcutta Asbestos & Belting Company, a small-sized asbestos supplying firm in Kolkata.

The asbestos industry in India is projected to see a steady demand in the next few years as well. A new report from the Asbestos Cement Products Manufacturers Association (ACPMA), the chief organisation aimed at promoting chrysotile asbestos cement in India, predicts good times ahead for the SMEs in the sector.

Despite campaigns seeking a ban on the use of chrysotile asbestos, the demand for asbestos cement will remain steady as very few products can compete with it in terms of price and durability when it comes toroofing houses, said A Modi, Chairman of India Asbestos Manufacturing Company, a small-sized asbestos cement manufacturing unit in Jaipur. Asbestos is one of the best roofing options in rural India as it costs less than a third of the equivalent quantity of steel sheeting.

Although the outlook of the asbestos cement sheet industry looks positive, small vendors need to exercise prudence at present. They must also ensure that their manufacturing processes are clean to guarantee the safety of their Products.

The Oldest Joint Stock Bank of the Country, Allahabad Bank was founded in April 24th of the year 1865 at the confluence city of Allahabad by a group of Europeans. At that occasion Organized Industry, Trade and Banking started taking shape in India. Thus, the History of the Bank spread over three Centuries – namely Nineteenth, Twentieth and Twenty-First. As a leading public sector commercial banks in India, Allahabad Bank offering banking products and services to corporate and commercial customers and retail customers. The Bank particularly focuses on the retail banking while serving all sectors of the Indian economy. Bank’s operations for corporate and commercial customers cater to large corporate customers as well as to small and middle market businesses and Government entities. Corporate and commercial products include Term Loans, Bill Discounting, Export Credit and other business credit and financing products. Also the bank offers a wide range of retail products including Home Loans, Personal Loans and Automobile Loans as well as Debit Cards. In addition, specialised products and services to the agricultural sector also one of entity of the bank. All the above products and services of the bank offered through extensive branch network, extension counters, ATMs, phone banking and the Internet. This article will be helpful in writing Project Report on Marketing.In Twentieth Century, The Bank became a part of P & O Banking Corporation’s group with a bid price of Rs.436 per share in 1920. The Head Office of the Bank was shifted to Calcutta on business considerations during the year of 1923. The Bank crossed its century year in 1965. In July 19th of the year 1969, Allahabad Bank was nationalized (with 151Branches – Rs.119 crores of Deposits and Rs.82 crores of Advances) along with 13 other banks. United Industrial Bank Ltd was merged with the bank in October of the year1989. The Bank made a foray into merchant banking activity in 1984 and subsequently instituted AllBank Finance Ltd as a wholly owned subsidiary for Merchant Banking in the year of 1991. The Official Language Implementation Committee of Calcutta awarded the Rajbhasha Shield to the Bank as Second Prize for its best performance for the year 1991. During the year 1995, The Bank had entered into an MOU with the Small Industries Development Bank of India (SIDBI) for financing small-scale industrial units. In 1996, The Bank had set up Information Technology Centre to provide in-depth computer training to Officers at Calcutta and Lucknow. Consequent to the SEBI Rules and Regulation the company surrendered its merchant banking registration in 1998 and got it registered as a Non Banking Financial Company (NBFC) with Reserve Bank of India (RBI). In the same year of 1998, the bank had received permission from the RBI for gold trading. Allahabad Bank has entered into an arrangement, informally though, with IDBI and ICICI in regard to funding of infrastructure projects. During the year 1999, Allahabad Bank has launched two new schemes to increase the pace of credit off take and in the same period TATA Consultancy Services (TCS) has entered into a contract with Bank for implementing the Integrated Standard Banking System (ISBS), a branch mechanisation package at 60 branches. The Bank bagged three major core sector clients, namely the National Thermal Power Corporation (NTPC), Power Grid Corporation and Indian Railway Finance Corporation Ltd (IRFC). This report shows that Allahabad Bank has performed well which is reflected in its Ratio Analysis Reports In Twenty-First Century, Allahabad Bank has launched its new personal loan scheme for pensioners in the year of 2001. As at October of the year 2002, the bank came out with Initial Public Offer (IPO) of 10 crores share of face value Rs.10 each, reducing Government shareholding to 71.16% and in the same year 2002, Allahabad has tied up with National Institute of Banking Management, Crisil and Earnst & Young for development of HRM, risk Management and general business strategy. The Bank has seized the commercial assets of the Guarantors of Ramolene Fabrics (P) Ltd in 2003 at Mumbai and signed a Memorandum of Understanding (MoU) with Corporation Bank for mutual sharing of their ATM Network. The Bank has entered into an MOU in the year of 2004 with the Export Credit Guarantee Corporation of India (ECGC) for distribution of their products to the exporters. UTI Mutual Fund and Allahabad Bank on April 5, 2004 announced a strategic tie-up for distribution of UTI MF schemes. During April of the year 2005, the bank made Follow on Public Offer (FPO) of 10 crores equity shares of face value Rs.10 each with a premium of Rs.72, reducing Government shareholding to 55.23%. The Bank has signed MoU with Mahindra Gujarat Tractor Ltd in the identical year 2005 for financing Hindustan brand tractor under special finance scheme. Allahabad Bank transcended beyond the National Boundary, Allahabad bank had opened a representative office at Shenzen, China in June 2006. In October of the same year 2006, the bank rolled out its first branch under Core Banking Services (CBS). During February of the year 2007, The Bank opened its first overseas branch at Hong Kong. During the calendar year of 2007, 100 more branches opened throughout the country, the total number of branches were stirred from 2042 to 2142 of which rural are 983 (46%), semi-urban 402 (19%), urban 450 (21%) and metropolitan 307 (14%). There is no doubt that reading Banking Industry Reports is essential for knowing the history of a bank. Allahabad Bank has opened its 2154th branch in at Pudukkottai, Tamil Nadu during March of the year 2008. The Bank has 211 ATM’s and Card members can now have access at over 16500 ATM’s all across the country under National Financial Switch. One of the premier nationalised banks of the country, Allahabad Bank has commenced the process of implementing the Agricultural Debt Waiver and Debt Relief Scheme-2008 in June of the year 2008. The Bank has improved its performance and established its visibility and strong presence in the market. The Bank is steadily moving at a faster pace to consolidate its position in the coming days introducing extensive computerization to ensure the state-of-the-art service comfort for its customers. The Bank has already in hand 116 authorizations for opening of new branches. Bank’s plan is to expand in areas where the Bank’s presence is not very much visible now and where business potentiality is good.

The oil and gas industry jobs are available aplenty even with the recession making inroads into this enormously successful and lucrative career landscape. And being a vast and an oft uncharted territory for most of the elite of the recruitment seekers, the oil & gas job search is often sans the cut-throat rivalry that is now pre-dominant in most other job arenas.

However, this does not make the road to making a career in this domain a cakewalk. Most of the interviewees either do not have an idea about how to search for jobs in this particular industry, or do not have the soft-skill or prowess to make it through an interview in the said sector.

Here are 5 tips to help you out in locating and attaining an oil & gas industry job in a jiffy!

1.Identify the Entry Level You might be a graduate from an elitist college, but if you are willing to work in the oil and gas industry jobs, you need to work from the bottom rung and upwards from there. This is important because only then would you be able to handle managerial positions well- with the basic entities of the domain at your command.

2.Experience Experience is a huge factor in gaining a foothold in your oil and gas job search. The more experience you have working on oil rigs or offshore platforms, the better are your chances to locate a high-paid job from the industry. For freshmen, it is better to work and gain valuable experience at the junior levels being trying their luck further up the corporate ladder.

3.Use References Again, experience counts and also helps in making acquaintances that may help ply your case to the top management. Remember, the oil and gas industry jobs are all pretty elusive but can be pretty easy to achieve with the help of well-placed & well-informed references.

4.Stay Up-to-date About the Latest News from the Sector Knowledge is power practical or theoretical, or both! The more you know of the latest trends in the oil and gas industry jobs, the higher are your chances of making the cut in the interviews. This also includes some very hands-on research and banter with people already working on rigs or platforms offshore.

5.Focus on the Positives Remember, it is easy to highlight the negatives and shy away from the said industry. However, if you focus on the positives, you will find yourself better placed to answer HR questions thrown at you during the interview. This includes high-points like better pay, perks as well as an easy and quick climb to the top managerial positions if you are smart enough!

So you see, getting the coveted oil & gas industry job is not as tough as it is made out to be. However, it is no cakewalk either and preparation & knowing is half the battle won.

Ever since, US President Obama vowed to punish U.S. “corporations that ship our jobs overseas,” the backlash in India against such a disastrous move has spread to officials from government, IT industry associations, and leading Indian IT services companies such as Infosys and Wipro. And while they say they want to wait for more details, they are also clearly deeply concerned about the huge implications such policy would have.

While today’s highly interdependent global economy renders Obama’s 19th-century notion of “our jobs” meaningless, the bigger issues are the impact such a move would have on the overall Indian economy’s ability to continue being a major consumer of U.S.-made products and services, and the likelihood that other countries would react to Obama’s protectionist stance with their own equally unproductive and trade-reducing positions.

Volume of concern from India
According to the sources US President Barack Obama’s statements on curbing tax breaks for outsourcing companies in the US set alarm bells ringing in the Indian IT sector.

Nasscom president Som Mittal, noting that American companies generate 50% of their revenue outside the U.S., said, “To be globally competitive, they also depend on globally shared services.” The body also said that any protectionist move by the US that adversely impacts the domestic outsourcing industry might trigger retaliatory measures by India.

Infosys in a statement said, “We are confident that the US will not take any measure which might hurt its global competitiveness and policies of protectionism would only hinder the revival of the world economy.”

Impact on the US

Obama’s tax proposals on the foreign investments made by American companies, if accepted by Congress, could affect their global competitiveness and would leave them at significant disadvantages against non-US companies. The report said while there are no direct proposals that impact off-shoring to India, the US corporations having business presence abroad could be saddled with increased tax cost if these proposals are enacted.

As per US government’s estimate, Obama’s proposals will generate $210 billion in revenue over 10 years. The new tax proposals also seek to tighten the foreign credit rules. It proposes to disallow foreign taxes paid on income, which is not subject to US tax. This may lead to double taxation and discourage US companies to invest overseas.

The Evasive Measures
US protectionism forces TCS to hire more foreigners: Seeking to mitigate protectionist measures like visa restrictions being adopted by countries like US, the top Indian IT exporter, TCS, is looking to employ more local nationals in key markets.

NASSCOM to meet FM for pre-budget consultations: The members of NASSCOM will meet Finance Minister to put forward their demands for the sector.

Outsourcing companies take cost-cut call: Indias $47 billion IT outsourcing industry, struggling to cut costs without compromising on seat capacity, is now reinventing the wheel. Some of them have stitched up deals with telecom companies, outsourcing their own communication infrastructure, a model now known as hosting services.

Male Fitness Modeling Working Out in the Industry

Male modeling is becoming an increasingly competitive business as attitudes change and more and more men are looking to break into the industry. One of the most important niche fields of the male modeling industry that is gaining ground and that you can get into is the area of fitness models an area very different from male modeling in other areas.

When most people think about the male modeling industry, they think about high-end fashions, about clothing, and about women. In talking about male models, people usually think you mean skinny, slightly androgynous men who wear the latest fashions out of Europe, however for male fitness models, its an entirely different genre.

Male modeling agencies that specialize in fitness models are looking for an entirely different body type than the guys who walk the runway this slice of the modeling industry wants to see not just you, not just your handsome face, but your muscles.

Modeling jobs in the fitness modeling industry don’t always go to the guy who’s the buffest, or the one who has the best abs, but if you’re looking to get your start in the modeling industry, there are a few things that you need to understand. First, it’s important to realize that modeling gigs in this part of the industry are much more concerned about the body as a whole than their counterparts in the mainstream fashion modeling industry. This means that getting a tight, toned body with great abs and good muscle symmetry is key huge pecs and skinny arms won’t land you a job, and neither will a flat stomach that doesnt have defined abs. Your face is important too you can’t neglect it in favor of your body, but it isn’t the only thing that the photographer is going to care about. Male models in this industry are paid to show off their muscles often in shorts or underwear and they need to be a total body package.

If you’re looking to get a start in the fitness modeling industry, you need to think about what kind of company you want to work for, have what it takes and if you’re up for the challenge. Body building is a huge part of the fitness side of male modeling, and while you don’t need to be Mr. Universe, you will need to take the time to eat right and focus on your muscle development and definition.

If you’re up to the challenge, stop by BLEEP models and send us some shots of yourself and take the first step of your male modeling career.