Wealth Management IT Solutions Company | Taksheel Solutions Limited

May 31st, 2008

Posted by admin in Financial Service News | No Comments »

Taksheel Solutions Limited, founded in 1999, is a provider of Wealth Management Technology Solutions and business critical IT services in financial services sector, specifically to Banks, Asset/Investment Managers, Brokerage Houses, Insurance, Hedge Funds, Trusts and Family Offices.

The company’s Wealth Management Solutions comprise Relationship Management, Portfolio Management, Performance Reporting, Decision Support solutions, while IT Services consist of Business Intelligence, Data Warehousing, Strategic Consulting, Offshore Outsourcing, Application Development and Maintenance. Its IT Services practice provides end-to-end cycle of designing, developing and implementing the clients' applications on a wide variety of architectures and platforms.

Its technology solutions, built on Service Oriented Architecture (SOA), enable the company to rapidly deploy a customized version of its solution to help its clients better manage their customers assets, increase their sales, improve their service and generally lower their operating costs.   

Taksheel’s solutions/services are delivered from its offices in Hyderabad, India, and New Jersey, USA, through onsite, offsite and offshore development methodology by leveraging a global delivery model. Some of its clients include Merryl Lynch, Lincoln Financial Group, Cititgroup and Bank of America.

For more information about the company please go to www.taksheel.com, you can leave your feedback at info@taksheel.com

Useful Links: Wealth Management Brokerage Solutions | Insurance Management Solutions | Wealth Management Advisor

Free Current Accounts

May 30th, 2008

Posted by admin in Bank News | No Comments »

Free Current Accounts?

With the recent high court ruling that certain bank charges are unfair, are we going to see the end of free banking? As thousands of customers consider putting in claims for overdraft charges, the main banks are looking for ways in which to maintain their profits. Without charges the bank's business models will need to change to find another way of making money.

Amongst all this consumers are getting concerned that they may well see the end of free current accounts. Some people would rather see charges levelled at those who go over their overdrafts rather than at everyone! There are however still free current accounts available;

First Direct offers a current account which gives you a £100 bonus. This is dependant on certain criteria including a minimum monthly pay-in. More information here.

HSBC do not charge for their current account. They also have a range of other accounts including a 'green' bank account.

Alliance and Leicester's current account is fee free as long as you do not exceed your overdraft.

Glams $1.3B Valuation Explains Why Start-Ups…

May 30th, 2008

Posted by admin in Uncategorized | No Comments »

...Chase the Build Now, Add Revenue Later Model. On Tuesday, I explained why chasing the "free" start-up model was killing...

...many business ideas. How can you build a company when your business model consists of "get acquired, before we run out of funding?"

Today, we see exactly why the "get acquired" model is so attractive to start-ups. According to VentureBeat, Glam, an online publisher aimed at women, turned down an acquisition offer worth, wait for it, $1.3 billion!

"I heard today that Glam received an acquisition offer of $1.3 billion in the past few days, but is unlikely to take the offer, according a source close to the company. Glams investors are unlikely to do so because they see a bigger opportunity for Glam to build a large business for high-end display advertising, the source said."

Heres the kicker, just this February Glam raised $85 million in capital, bringing its total funding to over $100 million. Glam has yet to make a profit!!!

Sure, its selling ads, building optimized sites, and as of today, planning a new video ad network, but its reportedly yet to make a profit.

Is it any wonder that start-ups"and VC firms"are enamored with the build it first, find a business model later never strategy?

Comments

Tag: Glam, Start-Ups, acquisition

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comScore Buys M:Metrics…

May 30th, 2008

Posted by admin in Uncategorized | No Comments »

...Now Will You Believe Its the Leader? Despite the recent bumps in the road, comScore still claims to be the leader in online measurement.

In fact, with the announced $44.3 million acquisition of mobile research firm M:Metrics, comScore really thinks its the leader.

"comScore, Inc. a leader in measuring the digital world, today announced the acquisition of M:Metrics, Inc., the recognized leader in mobile measurement. The acquisition makes comScore the immediate leader in measuring the emerging and strategically important mobile Internet market and adds to comScores leading position in measuring PC-based Internet usage."

comScore actually uses "leader" eight times in its press release, so who says you cant create the perception of your brand by using blunt repetition?

Teasing aside, this is a good acquisition for the company, especially with all the hype surrounding the iPhone and Googles (now on display) Android.

With the substantial growth of 3G devices and Internet friendly handsets, we believe we are now at an inflection point in Internet usage on mobile devices, said Dr. Magid Abraham, comScores president and chief executive officer in a statement.

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Tag: comScore, M:Metrics

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Real Estate Outlook: Forecasts from Top Bank Execs

May 29th, 2008

Posted by admin in Bank News | No Comments »

RealtyTimes: Real Estate News and Advice

Kenneth R. Harney

Here's a perspective that we don't get that often: The inside real estate forecasts of some of the top executives of America's biggest banks.

 

Speaking at a private financial conference in London last week, the bankers were moderately upbeat about where we're headed in housing and mortgages.

Howard Atkins, chief financial officer of Wells Fargo, was quoted in the American Banker newspaper as saying that lower mortgage rates -- the latest 30-year average dropped below 6 percent again last week -- plus more affordable housing, and banks newly strengthened by capital infusions, should trigger a recovery this year.

Read Kenneth Harney's complete article

  

Appraiser King - Property Appraiser serving Central Florida and Beyond

May 29th, 2008

Posted by admin in Bank News | No Comments »

Paul Davis is Central Florida's favorite and most reputable property appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values.  A builder for over twenty years and also a real estate broker, Paul Davis brings a wealth of knowledge to the table as an appraiser.

Paul's company Midstate Appraisals serves Central Florida (Lake, Orange, Seminole, Osceola, Sumter and Davenport in Polk counties).

Contact Paul Davis and Midstate Appraisals for your next appraisal:

Office: 352-242-9973

Cell: 352-636-6672

Fax: 352-242-4912

midstateappraisals@earthlink.net

http://www.midstateappraisals.org

Mid State Appraisals is Central Florida’s preferred residential real estate specialist providing high quality, competent appraisals in a timely manner.

President and founder Paul F. Davis is a...

·    State Certified Residential Real Estate Appraiser (License RD # 2667);

·    Licensed Real Estate Broker (License BK # 161133); and

·    State Certified Building Contractor (License CBC # 040794)

·    Over 20 Years of Professional Service to Central Florida

·    Unparalleled Knowledge and Outstanding Experience

·    Efficient, Attentive, and Committed to Clients Needs

Mid State Appraisals is located in the middle of the State of Florida, based out of Clermont ("The Gem of the Hills" and National Triathlon Mecca). We provide professional services to Lake, Orange, Seminole, Osceola, Sumter, and the Davenport area of Polk County. Our services are provided by committed professionals, dedicated to quality work, detailed research, and timely completion of assignments. Expect a speedy, accurate, and no hassle appraisal.

All of our appraisal reports comply with the Uniform Standards of Professional Appraisal Practice (USPAP).

Our staff has 20 years combined real estate experience of appraising properties in Central Florida. We offer competitive fees, service 6 counties, are approved with nearly all major lenders, use the latest in computer technology, provide fast, consistent turnaround time and are licensed and insured by the State of Florida.

 

Contact Paul Davis and Midstate Appraisals for your next appraisal:

Office: 352-242-9973

Cell: 352-636-6672

Fax: 352-242-4912

midstateappraisals@earthlink.net

http://www.midstateappraisals.org

Midstate Appraisals - Property Appraiser Serving Central Florida and Beyond

May 29th, 2008

Posted by admin in Bank News | No Comments »

Paul Davis is Central Florida's favorite and most reputable property appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values.  A builder for over twenty years and also a real estate broker, Paul Davis brings a wealth of knowledge to the table as an appraiser.

Paul's company Midstate Appraisals serves Central Florida (Lake, Orange, Seminole, Osceola, Sumter and Davenport in Polk counties).

Contact Paul Davis and Midstate Appraisals for your next appraisal:

Office: 352-242-9973

Cell: 352-636-6672

Fax: 352-242-4912

midstateappraisals@earthlink.net

http://www.midstateappraisals.org

Mid State Appraisals is Central Florida’s preferred residential real estate specialist providing high quality, competent appraisals in a timely manner.

President and founder Paul F. Davis is a...

  • State Certified Residential Real Estate Appraiser (License RD # 2667);
  • Licensed Real Estate Broker (License BK # 161133); and
  • State Certified Building Contractor (License CBC # 040794)
  • Over 20 Years of Professional Service to Central Florida
  • Unparalleled Knowledge and Outstanding Experience
  • Efficient, Attentive, and Committed to Clients Needs

Mid State Appraisals is located in the middle of the State of Florida, based out of Clermont ("The Gem of the Hills" and National Triathlon Mecca). We provide professional services to Lake, Orange, Seminole, Osceola, Sumter, and the Davenport area of Polk County. Our services are provided by committed professionals, dedicated to quality work, detailed research, and timely completion of assignments. Expect a speedy, accurate, and no hassle appraisal.

All of our appraisal reports comply with the Uniform Standards of Professional Appraisal Practice (USPAP).

Our staff has 20 years combined real estate experience of appraising properties in Central Florida. We offer competitive fees, service 6 counties, are approved with nearly all major lenders, use the latest in computer technology, provide fast, consistent turnaround time and are licensed and insured by the State of Florida.

Tyra banks on the cover of New York Times Magazine

May 29th, 2008

Posted by admin in Bank News | No Comments »

TyTy isn't smiling with her eyes, but she's definitely smiling with her hips on the cover of The New York Times Magazine which comes out this Sunday. It looks like she stuck her head one of life-size wooden cutouts from the carnival.

I can guarantee you that we'll never heard the end of this cover from Tyra. During the next month, she's going to start almost every sentence with, "Well, when I was on the cover of the New York Times magazine and they compared me to Oprah and Martha...."

from dlisted.com

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Liberators of Indian Retail Markets Demand Open - Minds, Wallets

May 29th, 2008

Posted by admin in Bank News | No Comments »

Self Appointed Liberators of Indian Retail Sector demand OPEN MINDS - and WALLETSin Pre election Year

Arvind Singhal: Liberating the retail sector

http://www.business-standard.com/common/news_article.php?leftnm=lmnu2&subLeft=3&autono=324337&tab=r

The report must be read more carefully, and with an open mind, by those vociferous elements in the UPA government (read: Left parties), Mayawati of BSP, and our own Don Quixotes going by names such as India FDI Watch.

Retail giants operating without license
Making the Thiruvananthapuram Corporation a captive, retail giants are setting up shops in various centres in the city. Big Bazaar still functions without the Corporation’s licence, said Mayor C. Jayan Babu.

ITC Chaupal Fresh expansion on hold

ITC, the fresh vegetable retailer under the brands Choupal Fresh have hit a pause on their expansion plans. Currently the company operates 24 Choupal Sagars - large format rural stores that complement the e-choupal initiative. It also has 27 Choupal Fresh stores in Hyderabad, Pune and Chandigarh.

Australian farmers "ripped off" by supermarkets

In Australia, the Victorian Farmers Federation (VFF) has told the Australian Competition and Consumer Commission into grocery pricing that the major grocery chains are ripping off consumers and farmers by labelling the same products differently.

K. RAHEJA HyperCity to abandon neighbourhood store format

K. Raheja-owned HyperCITY Retail has abandoned plans announced last year to launch a neighbourhodd store format under the ExpressCITY banner.

Food prices are growing, but farmers' share of the profit is not

The farmer's share of the retail food dollar is about the same today as it was in the 1970s. Take corn, for example. According to economists at the American Farm Bureau Federation, the farmer receives less than 8 cents for the corn used in an 18-ounce box of corn flakes selling for $3.30 at the grocery store. It is pretty much the same for a loaf of bread. The farmer receives about 16 cents from a loaf of bread that sells for $1.78. The farmer's share of a 5-pound bag of flour costing $2.39 is $1.10.

Govt needs to chalk out national retail policy: Assocham

The government needs to formulate a national retail policy to facilitate co-existence of both organised and unorganised retail, besides setting up an independent regulator for governing the retailing sector, a report by industry body Assocham says.

Decision on FDI in retail unlikely in UPA regime

apart from the broad political opposition, the Government has come under severe pressure from scores of trade and industry bodies from across the country against FDI in retail. A total of 44 trade and industry associations have represented to the Department of Industrial Policy and Promotion (DIPP)

Organised retail to capture 25 pc market by 2011

In a surprise finding that organised retail is growing faster than expected in India, a study has forecast that this segment could account for a quarter of the total retail revenues by 2011 from the current 8 per cent share.

Retail will drive growth of fruits and vegetables: Pawar

According to the ministry of Agriculture, Government of India, about 72 per cent of the fruit and vegetable produced in the country goes waste because of lack of proper retailing and adequate storage capacity. P K Mishra, secretary in the ministry's department of agriculture and co-operation, said so while was speaking at a Fruit and Vegetable Summit organised by Confederation of Indian Industry (CII).

Indian Railways offering retail space
The Indian Railways is soon going to offer around 4,800 hectares of land to retail and logistics companies to set up retail outlets, agri-retail infrastructure and warehouses. Around 3,000 sites have already been identified by the railways across the country for the purpose.

Mom & Pop shops eye cooperatives to take on big retailers

Bhartiya Udyog Vyapar Mandal (BUVM), the biggest national-level association of mom and pop stores (kirana stores) that comprises 17,000 state- and district-level associations across 27 states, is planning to form co-operatives throughout India helping its members benefit from a common sourcing and shared infrastructure (logistics, storage and billing) platform.

AUSTRALIA calls for overhaul of planning laws

A report in Australia, commissioned by Urban Taskforce Australia, recommends a review of state planning laws regulating new supermarkets and large food stores.

Reliance to invest Rs 5,000 crore in converting 700-odd closed fuel pumps into malls/ multiplexes

Reliance Industries Ltd (RIL) which incurred a loss of about Rs 800 crore on operations of its 1,432 fuel stations during 2007-08 is looking at converting about 700 to 800 of them into shopping malls and multiplex halls.

Wal-Mart joins the dairy retail club

Wal-mart is the newest entrant in the diary procurement and retail business in Punjab. Wal-mart has been buying milk directly from cooperatives rather than from farmers.

RPG plans Rs 1000 crore expansion; revamping old stores

Eyeing Rs 1,800 crore turnover this fiscal, RPG group has planned aggressive expansion plans for its retail business.

VISHAL turnover amibitions

Vishal Group plans to increase its turnover from the current INR1,000 crore (USD248 million) to INR5,000 crore (USD1,240 million) by 2011. Vishal is having a revenue growth of 90-100% every year.

In Solidarity!

Dharmendra Kumar

Director

India FDI Watch

M-9871179084

Email:

dkfordignity@yahoo.co.uk

dkfordignity@gmail.com

Liberators of India Retail Market Demand Open - Minds & Wallets

May 29th, 2008

Posted by admin in Bank News | No Comments »

Self Appointed Liberators of the Retail Sector demand OPEN MINDS - and OPEN WALLETS ?

Arvind Singhal: Liberating the retail sector

http://www.business-standard.com/common/news_article.php?leftnm=lmnu2&subLeft=3&autono=324337&tab=r

The report must be read more carefully, and with an open mind, by those vociferous elements in the UPA government (read: Left parties), Mayawati of BSP, and our own Don Quixotes going by names such as India FDI Watch.

Retail giants operating without license
Making the Thiruvananthapuram Corporation a captive, retail giants are setting up shops in various centres in the city. Big Bazaar still functions without the Corporation’s licence, said Mayor C. Jayan Babu.

ITC Chaupal Fresh expansion on hold

ITC, the fresh vegetable retailer under the brands Choupal Fresh have hit a pause on their expansion plans. Currently the company operates 24 Choupal Sagars - large format rural stores that complement the e-choupal initiative. It also has 27 Choupal Fresh stores in Hyderabad, Pune and Chandigarh.

Australian farmers "ripped off" by supermarkets

In Australia, the Victorian Farmers Federation (VFF) has told the Australian Competition and Consumer Commission into grocery pricing that the major grocery chains are ripping off consumers and farmers by labelling the same products differently.

K. RAHEJA HyperCity to abandon neighbourhood store format

K. Raheja-owned HyperCITY Retail has abandoned plans announced last year to launch a neighbourhodd store format under the ExpressCITY banner.

Food prices are growing, but farmers' share of the profit is not

The farmer's share of the retail food dollar is about the same today as it was in the 1970s. Take corn, for example. According to economists at the American Farm Bureau Federation, the farmer receives less than 8 cents for the corn used in an 18-ounce box of corn flakes selling for $3.30 at the grocery store. It is pretty much the same for a loaf of bread. The farmer receives about 16 cents from a loaf of bread that sells for $1.78. The farmer's share of a 5-pound bag of flour costing $2.39 is $1.10.

Govt needs to chalk out national retail policy: Assocham

The government needs to formulate a national retail policy to facilitate co-existence of both organised and unorganised retail, besides setting up an independent regulator for governing the retailing sector, a report by industry body Assocham says.

Decision on FDI in retail unlikely in UPA regime

apart from the broad political opposition, the Government has come under severe pressure from scores of trade and industry bodies from across the country against FDI in retail. A total of 44 trade and industry associations have represented to the Department of Industrial Policy and Promotion (DIPP)

Organised retail to capture 25 pc market by 2011

In a surprise finding that organised retail is growing faster than expected in India, a study has forecast that this segment could account for a quarter of the total retail revenues by 2011 from the current 8 per cent share.

Retail will drive growth of fruits and vegetables: Pawar

According to the ministry of Agriculture, Government of India, about 72 per cent of the fruit and vegetable produced in the country goes waste because of lack of proper retailing and adequate storage capacity. P K Mishra, secretary in the ministry's department of agriculture and co-operation, said so while was speaking at a Fruit and Vegetable Summit organised by Confederation of Indian Industry (CII).

Indian Railways offering retail space
The Indian Railways is soon going to offer around 4,800 hectares of land to retail and logistics companies to set up retail outlets, agri-retail infrastructure and warehouses. Around 3,000 sites have already been identified by the railways across the country for the purpose.

Mom & Pop shops eye cooperatives to take on big retailers

Bhartiya Udyog Vyapar Mandal (BUVM), the biggest national-level association of mom and pop stores (kirana stores) that comprises 17,000 state- and district-level associations across 27 states, is planning to form co-operatives throughout India helping its members benefit from a common sourcing and shared infrastructure (logistics, storage and billing) platform.

AUSTRALIA calls for overhaul of planning laws

A report in Australia, commissioned by Urban Taskforce Australia, recommends a review of state planning laws regulating new supermarkets and large food stores.

Reliance to invest Rs 5,000 crore in converting 700-odd closed fuel pumps into malls/ multiplexes

Reliance Industries Ltd (RIL) which incurred a loss of about Rs 800 crore on operations of its 1,432 fuel stations during 2007-08 is looking at converting about 700 to 800 of them into shopping malls and multiplex halls.

Wal-Mart joins the dairy retail club

Wal-mart is the newest entrant in the diary procurement and retail business in Punjab. Wal-mart has been buying milk directly from cooperatives rather than from farmers.

RPG plans Rs 1000 crore expansion; revamping old stores

Eyeing Rs 1,800 crore turnover this fiscal, RPG group has planned aggressive expansion plans for its retail business.

VISHAL turnover amibitions

Vishal Group plans to increase its turnover from the current INR1,000 crore (USD248 million) to INR5,000 crore (USD1,240 million) by 2011. Vishal is having a revenue growth of 90-100% every year.

In Solidarity!

Dharmendra Kumar

Director

India FDI Watch

M-9871179084

Email:

dkfordignity@yahoo.co.uk

dkfordignity@gmail.com