August 2005 -

MULTIMEDIA AND BUSINESS

Posted by | Business | No Comments

Multimedia is a boon, especially to business. What is not possible with the help of multimedia? Ok for the beginning let us keep the usefulness of Multimedia to Business simple. Let us take the basic things that multimedia can do to business. Website designing, interactive kiosk, multimedia business cards, advertisement, maintenance of database, etc

Beginning with website design, any good business in recent years need to carry their identification. This identification is all the more popular through creation of websites. What more does a entrepreneur needs, when his nature of business and the progress and other information’s can be provided at a touch of a button. World Wide Web does really spin its web far and wide. You can get to know about the company through the web. The tool that helps you build one is Multimedia. So much so for Internet, the intranet is nothing less, it helps to maintain the organisation, helps to keep the employees of different department up-to-date. In order to pep up the image of intranet, multimedia is widely used, so that people use it as often as possible to keep abreast. Hey ever tried the kiosk at your beauty parlour, what do you think has aided these kiosks, of course multimedia! You don’t need any body telling you about the product but a machine, which will let you know the pros and cons and what’s best for you (without being critical!). This definitely would increase the productivity of any industry. Tired of exchanging cards, go for something as exclusive as a multimedia business card, which at times can be interactive too! Of course these are in turn connected to their email id and interaction is more possible this manner. No more are databases or information’s stored in a dull looking format, these too have been given life by introducing multimedia and making it lively. Information’s for children are based on this idea where learning becomes so much fun! No wonder children are teaching us.

So much so for multimedia and business. With abundance of information at hand and skills to use them, multimedia is just a tool to make things work in any business. So keep an eye out for any new inventions in Multimedia, which when put to right use can reap good benefits!

FDI Inflows for the current year

Posted by | World | No Comments

FDI inflows will mark a positive trend in the growth of the economy said Mr. Kamal Nath, the Nation’s commerce and Industry minister. He has set an target of about $5bn for the current financial year of 2005-06. This would surpass the previous year achievement of $3.75bn. All the indicators are showing positive trend since the last quarter and this is a ripe time for the foreign investment. The industry contribution to the GDP growth of the country is expected to be about 30% this current year, and the means of achieving this would be through foreign currency inflow. This idealistic plan of the industry contributing in a major way towards the growth of the economy is undertaken by The National Manufacturing Competitiveness Council, headed by V Krishnamurthy and set up under the ministry of commerce. The goal of this council would be attract more foreign investment and more foreign technology collaboration. If this goal is achieved then India would become one of the leading Country to attract foreign investment. At present India is at the tenth place among other Asian countries that attract majority of the foreign Investment.

Man of Steel-Lakshmi Mittal

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According to news released by economictimes.com, Lakshmi Mittal owner of Mittal steel company might dilute his stake from 97% to 88%. This dilution comes in a wake with the acquisition of Richfield, a steel plant in the state of Ohio. One of the spokeswomen from Mittal steel has confirmed that the stakes would further decrease with more and more acquisition. Mittal has set his eyes on more that two or three major steel companies globally.

Lakshmi Mittal had started the Mittal steel company with only one steel plant in Indonesia in 1976. At present Mittal is said to be planning to acquire more steel plants in Ukraine and Turkey. Looks like Mittal’s are willing to dilute for more acquisitions rather than to increase his shares. Well I guess we need to watch out for this man of steel who is all set to take the world by storm.

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