Know The Basics Of International Business Gift Giving

Businessmen would agree that in the business world, giving gifts once in a while can never be avoided. Be it Christmas or an important client’s birthday, gift-giving is one of the most effective ways of establishing stronger ties to those who matter to you and your business. This may not be totally true but even as this, it is the most common perception. You might not believe this but there are times when giving gifts can be the worst thing that you can do. This is especially true when you are invovled in an international business. This is because each race or nationality has its own belief about business gift giving.

It’s interesting that while some countries may be very open to gift-giving, others can actually take the act to be completely unacceptable. For example, in the Czech Republic, Columbia, Indonesia and some others, giving gifts is a warm gesture between corporate people. This can be misunderstood as bribing when youre on other countries like Australia, Denmark or Uruguay.

It’s interesting that while some countries may be very open to gift-giving, others can actually take the act to be completely unacceptable. For example, in the Czech Republic, Columbia, Indonesia and some others, giving gifts is a warm gesture between corporate people. However, there are other countries like Australia and many others that find this act offensive because they think that this is like a bribe.

Therefore, it is important that you try to find out about different countries and their beliefs when it comes to this kinds of things especially when you are involved in international business. Generally, we feel that when we give a gift to a client or a colleague during his birthday, it can strengthen our business relationship. The effect can be otherwise. It can still make negative vibes that may be considered to affect the business relationship. It is significant to always know the background of the people you consider giving presents for this reason.

The issues around gift giving may not even be purely cultural but religious as well. It will be a good idea to research on peoples cultures you are planning to give presents even when working for a company. For example, you might think of giving your boss a little token on his birthday. Perhaps you cannot give him anything made of cowhide as in India, cows are considered sacred if this person is Indian.

There will be rituals or rules that have to be pursued as giving gifts is not really discouraged in some cases. The Chinese, for instance, consider red a lucky color. The monetary value of a gift may also affect its meaning in almost all cases. Whatever thing that is costly can make the receiver feel uncomfortable or even embarrassed. In other cases, a gift should fit the level of relationship that the giver has with the receiver.

There are more differences among nationalities in terms of their gift-giving customs and it is important to consider these before you give anything, no matter how well-meant.

Handicrafts Industry Overshadows Jodhpur Economy

Jodhpur handicraft industry has eclipsed almost every other industry in this second largest city of Rajasthan in recent years. The importance of handicrafts industry makes Jodhpur news weightage over other cities across the country.Especially wooden furniture made in Jodhpur has always been in great demand not only across India but abroad too. The furniture export alone accounts for more than Rs 1 crore in Jodhpurs economy. The large profits in wooden furniture often qualify for a lot of space in Jodhpur news as the figures are remarkable. The handicrafts industry provides employment to more than 200,000 people in Jodhpur.
Under the reign of Maharaja Umed Singh, Jodhpur grew into a fine modern city. Later, the citys handicrafts industry also prospered under the British Raj. The merchants, the Marwaris, flourished endlessly. They came to occupy a dominant position in trade throughout India. Marwaris are famous for their business skills across the country. Their skills of trade were brilliantly woven with their handicrafts talents. This brought out the dominant handicrafts industry that has eclipsed the economy of Jodhpur. Weather in the city is dry and hot, a typical desert weather. The climate conditions in the city leave little scope for agriculture to flourish. Wheat and red chilli are the only crops mostly cultivated in Jodhpur. This gives more leverage to cottage and handicrafts industries in the city.
Other handicrafts that flourish in the city as Jodhpur news often points out are textiles and metal utensils. Bicycles, ink and sports goods made in Jodhpur are also in high demand across India. The cottage industry of the city, too, often claims large space in Jodhpur news. The cottage industries that manufacture glass bangles, carpets, cutlery and various marble products are often the gifts of token presented to esteemed foreign visitors to the city. Even political visitors to Rajasthan are presented with special handicrafts items from Jodhpur.
Jodhpur Hindi news is often sings laurels for the city’s handicrafts. One can avail Jodhpur handicrafts right from ones homes as several traders in the city provide online shopping and delivery facilities. However, if you want to the authentic feel of these handicraft items, it is suggested you visit the city and have your own pick from the widest range of handicraft items available in the country. Jodhpur is connected to various big cities through daily flights. Daily flights from Delhi, Udaipur and Jaipur connect the city to the outside world. The city offers various means of local transport. Taxis, auto rickshaws and tongas can be found in every nook and corner of the city. Jodhpur Hindi news is the best place to find information on local transport in the city.

Safe Investment Options In India Treasury Bills (tb)

What exactly are Treasury Bills?

Treasury bills are promissory notes issued by the central government for a fixed period extending upto one year as a tool for raising short term funds from the equity trading market. They are usually issued for a discount for a maturity period of 91/182/364 days. TBs are an ideal form of short term investment for banks and financial institutions as they are eligible as securities for SLR (Statutory Liquidity Ratio) purpose. They can be purchased by any person resident in India including individuals, firms, companies, corporate bodies, banks and financial institutions.

These Bills usually do not carry any interest rate and are issued by the government at discounted value. This means that a ‘500 bill may be issued at a discount to investors for a price of ‘410. After the maturity date is over, the government will pay ‘500 to the holder of the bill. The difference between the par value at which the bills are redeemed and the face value at which the T-Bill was procured is the net gain to the investor.

Role in the Money Market:

1) A fiscal role as an instrument for raising funds for governments short term needs.

2) A monetary role as an instrument with RBI to influence liquidity in the equity trading market.

These T-Bills are issued by RBI at regular intervals and issued at a discount to face value. They very effectively serve as effective short-term borrowing instruments for the Government. Even investors benefit from the same as they can park their surplus funds in these instruments and considerably reduce their market risk.

FEATURES:

1) One can purchase these shares for a minimum face value of ‘1 lac and there is no fixed ceiling on the maximum amount of treasury bills that can be purchased from the money market. The rate of interest is determined by market, based on demand for and supply of funds in the money market. Moreover these treasury bills are highly liquid instruments giving offering attractive yields to investors

2) Treasury Bills as an asset class have been approved for SLR (Statutory Liquidity Ratio) purposes and DFHI (Discount and Finance House of India) is the stock market leader in such instruments. The bills are the only security in which the repurchase option (Repo) or ready forward transaction are permitted. This is the most important instrument for hedging against volatility in call loan market.

So after analyzing these points, you can yourself see that TBs are all time favorite for those who want to play big in stock market. Since the minimum investment amount is ‘ 1 Lac therefore, it becomes a niche investment option too. But even big players sometimes loose in stock market, therefore its the perfect investment option for them too.

College Management Software India – Reforming Scenario of Academics

Colleges have to keep a track of all the processes pertaining to management in an efficient manner. Nevertheless, avoiding errors is also obligatory and hence, relying on Indian college software will be highly recommendable.

There are several functions to be managed within college pertaining to planning, organizing tasks and their execution. These endeavours are indeed aimed at improving performance of entire campus in considerably lesser time. All these goals can be easily attained with proper utilization of ERP solution which has been powered by new age technological wonders. In short, Indian IT sector has acquired a gigantic leap in creation of software driven mechanism to integrate the works of college. Moreover, the college software has been in the market from quite a long time and at present, the modules are updated to offer comprehensive utility to colleges.

Besides, considering varied needs of learning campuses’ management, the software companies in Delhi are coming up with customized versions of the ERP solutions. As a matter of fact, the time spent in managing processes of academic domain separately has been reduced by college management software India. Primarily, due to its single platform which compiles all the modules serving purpose of various departments allow officials to deliver the outcome in shorter span of time. This brings forth a situation where it needs to be assessed the chief reasons behind success of this college software:

College management gets direction oriented: In the modern times, the manual processes of college might not be adequate to control the entire campus according to the targeted plan of action. To be precise, academic management software India has been designed to suit the requisites of colleges and contributes to the tailor made composition for staying ahead. Efficiency is the most important component for dealing with all the issues: Whether it is admission, attendance management, monitoring students’ performance, payroll management or other tasks related to academic ERP, swiftness has to be maintained throughout the session. Therefore, college management software is competitively developed to ensure efficiency at work. Module wise management does not leave space for confusion: It is apparent that if manual procedures those include paper work largely can lead to errors or even last minute confusion. Thus, administrative and other managerial tasks of academics can be smoothly managed by optimal usage of modules of college management software India. All it takes to improve the functioning of college is through utilization of specific module aligned in the software. To cut it short, the modules can be designed in accordance to the personalized needs of clients. Report generation gets quicker: Be it a report of management for administrative records or performance card of students, cautious approach is demanded. With the tradition college management, this may leave some trails of discrepancies yet by utilizing academic management software India, the authorities can create glitch-free reports. Therefore, this software acts as ultimate modern utility to manage learning campus and its departments without amiss.

Apart from the aforementioned points of significance, it can be claimed that academics need easier management for better outcome. Hence, it will not be wrong to conclude that college software serves the very purpose effectively.

College management software Delhi designed and developed by HR Software Solutions incorporates the facilities of management of resources though Academic management software India .

Make Your Career In Automobile Engineering

Automobile Engineering, a branch of vehicle engineering, deals with different elements of electrical, electronic, software and safety engineering. In this stream, a student learns how to design, develop, manufacture, test and repair and service automobiles. Today the demand of automobile engineer is growing day by day because India has emerged as the global hub of automobile and autocomponents manufacturer. An automotive engineer is involved in almost every aspect of cars and trucks designing from the initial concepts to manufacturing them. We can divide this engineering into three main streams for e.g. product engineering, development engineering and manufacturing engineering. Production engineers are commonly known as design engineers that focus on the design components and systems of a car. As a Development engineer, one may involve in various attributes of a car with performance, durability and speed. On the other hand, the manufacturer engineer is involved with how to make and construct various vehicles.

After completing Automobile Engineering from the top institute, a student has excellent job prospects. If an individual has some knowledge in IT, then he can work in designing, CAD, CAM, ERP, testing etc. And as well as if he has MBA degree, he can work as senior manager materials, SCM, CRM, Operations, production, planning and control, tester, consultant and many more. The career options for automobile engineer are Safety engineering, Emissions Research or Controller, performance engineer, Systems engineer, Operations Research, Vehicle Manufacturing Engineer etc.

Sharda University (SGI), the NCRs largest educational group, also offers B.Tech (automobile engineering) program. This engineering college provides various excellent facilities to the students for e.g. superior quality labs and workshop facilities, world class infrastructure, distinguished faculty members, excellent placement support, soft skills and career skill training, project work, seminars, guest lectures etc. The SGI Institute envisions an ambience of excellence, inspiring value based education, research and development. It also provides excellent support in the placement of students in the top companies of India and abroad. This institute delivers basic education with Application based learning by utilizing Modern Practices.

In short, automobile engineering brings ample job opportunities for the students. In this branch of engineering, a student can expertise in providing help to build and test the vehicles and he also learns how to repair and maintain with the appropriate tools and instruments.