UK-India Business Council.

British students completing their business and finance related courses are keen to gain work experience in companies based in India, according to the UK-India Business Council.
Ten British students from various universities have begun their work experience with Indian companies on winning the UK-India Business Council (UKIBC) Scholarship Scheme 2009.
“UKIBC has noticed a clear trend where British students are keen to gain work experience in India and are looking to start their career with Indian companies. They see this work experience opportunity as a way to assess whether the Indian work environment is a suitable place to explore such a career opportunity,” a UKIBC spokesperson said.
The 10 students have secured paid work experience with a range of companies based in India from banks to social enterprises.
The scholarship offers an opportunity to gain work experience in an emerging market and adds to their attractiveness as a potential employee.
Ms Sharon Bamford, the chief executive officer of UKIBC, said: “This exchange will strengthen our aim to position ‘modern’ India in the minds of the next generation and also strengthen the business, trade and investment ties between India and the United Kingdom.”

European industrial production falls in June

Unemployment in Britain has risen to 2.44 million, its highest level since the summer of 1995, the Office for National Statistics (ONS) said Wednesday.

The total number of people unemployed increased by 220,000 in the three months to the end of June, the figures showed.

The Bank of England is expected later Wednesday to give its latest assessment of the current state of the economy in its quarterly inflation report.

Entertainment Growth

With new markets opening up, the Indian entertainment and media sector is poised to witness about 18 percent annual growth in the next five years, according to a recent study by pricewaterhousecoopers(PWC). It predicts the Indian entertainment sector will be the most vibrant following increased collaborations and investments by global entertainment companies. It said by 2012, mobile revenues alone would account for 11 percent of $2.2 trillion spending on entertainment and media globally. The study said what was now creating a balance is the spending habit of consumers above the age of 50 years because of their preference for traditional media, underscoring the importance of continuing to extract revenues from traditional business segments while emerging technologies their position.

World’s Top 100 BPOS

Twenty-one Indian Companies , including Infosys Technologies , Tata Consultancy Services ( TCS) and Wipro , are among the top 100 BPO firms in the world According to a new study complied by International Association of outsourcing Professionals ( IAOP ) . Five of the Indian Firms among the 10 best outsourcing service provides are

1 . Infosys (No-3)

2. TCS(6)

3. Wipro (7)

4. Genpact (9)

5. Tech Mahindra (10)

Accenture and IBM head the list . Among the other 16 Indian companies in the list are HCL Technologies (11) , Patni (46), Zensar (53) , Mindtree(54) and Mphasis ( 56 ) . The key strength of Wipro and TCS is their employee’s management , while the strong point of Infosys and genpact is their “excecutive leadership “, says the Study .

TCS, one of the largest provides of IT and BPO services , has the largest numbers of employees among the Indian IT companies , with staff strength of over 110,000 in 47 countries .

Selling Stocks in Short

The ratice of selling a stock that you do not own and making profit when the price falls is not the new idea in india.

However, there were no proper procedures to execute and regulate transactions. Not any more though. a new set of guidelines and procedures for both institutional and retail investors., has been put in lace with the SEBI.

So far, the retail investors had to cover the share they sold short by the end of the same day.The new system provides for borrowing the shares for a seven day period and using them to settle the the sale of the shares within two days trades. The stock exchanges will give an automated platform for an hour everyday to facilitate borrowing and lending of shares and you will be allowed to seel short only after you enter into the deal to borrow the share. Till now the proper system to borrow shares was a big impediment for short selling.Short sellers are not very popular and often accused of causing huge market fluctuations. But, they are also credited as the ones who ring the warning belles, they trade on expecting negative news.

In short selling only 227 stocks would be allowed to trade in. where the deals can be entered into for making transactions at furture date.Stock exchange may decide extend short selling to larger universe of stocks.

Web Name Trading

Did you know that the names of the websites can be valuable, cash- generating assets just stocks. In a recent auction to bid for domain names those parcels of virtual internet real estate , one investor spent $150,000 for 15 appealingly generic names, including 7th.com, microfinancing.com and ,.com.

Veteran domineers can now expect to resell their domain names for large profits to companies that want to build real business with those web address. Domineers have generally had a negative reputation. In its early days , the field was dominated by offshore layers employing secretive ,if not legal,tactics.

As a result , private equity and venture capital firms have poured money into the largest companies in the field. , for instance two companies that own hundreds of thousand of the domains names each and offer hosting and advertising services to other domineers raised nearly $400 million from the investors. Investors are so confident that the growth of the online advertising and the ability of the domineers to capitalize on that trend that they plan to soon start selling shares of domain-name companies to the public,even in today’s volatile market. For all that, the industries transition to respect and professionalism may not be entirely complete. one strategy that has cast a sigma over the industry called typo squatting. Registering domain names with variation and mis-spelling of major brand names. In last few months yahoo,Dell,BMW and Microsoft has sued small domain registrars and domaineers. The cases are pending.