Major Developments Major Developments by Calendar Year

October 11, 2010

Increase in Sales of Tata Motors When Compared to Hyundai India

Filed under: Automobile — Tags: , , , — Winson @ 7:30 AM

Due to the facility of availability of cheap credits from banks, and because of the decrement in the global financial crisis, the sales of the cars and motorcycle sales are increasing day by day and the sales of June 2010 rose very sharply.

During the past months, the Hyundai Motor India is the second leading car maker, but the sales of Tata Motors rose in such a way that it has become the second largest car maker in India.

Sales Of Tata Motors: When compared to June 2009, the sales rose by 50% in June of this year. The major sales of company included Indigo and Safari. Exactly speaking, the sales had been increased by 49.05 %. The sales of the last June i.e. 2009 are 45,440 and the sales of June 2010 are 67,730 units.

According to the statement given by the company, the sales of the passenger vehicles in the domestic market are 27, 811 which is 63.22% more when compared to the sales of the last year. There is even a growth in the company exports. The sales of Nano are 7,704 units. Indigo sales increased by 113%. Sumo and Safari sales increased by 9%. Apart from all these sales, the sales of Indica decreased by 12%.

In the domestic market, the sales of commercial vehicles segment increased by 32.52%.Light commercial sales increased by 52%.

Sales Of Hyundai Motor India: The sales of Hyundai Motor India also rose, but the sales when compared to the sales of Tata is very less. During the month of June, 2010 the sales are 27,336 units and and it is 18. 9% increase when compared to last year. The company’s exports decreased due to the contracting demand in the west and it was 22.1% decrease.

Thus tata motors occupied second place when compared to the sales of Hyundai India Motors.

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September 24, 2010

Other Factors Hindering the Growth of Small Businesses

Filed under: Small Business — Tags: , — Winson @ 10:40 AM

Over the past three decades during every recession, the small businesses who had less than 100 employees came forward and began hiring. Small businesses were the ones who pulled the country from the entangle.

Not only the the factor of tight credit is hindering the growth of small businesses as per Obama administration and others, there are also few other factors are also hindering the hiring process in small businesses.

There is a drastic drop in the creation of small businesses. The destruction of real estate market. There is much uncertainty in the point of view of economic conditions in the country.

Devastating levels of unemployment in that country this time than in the previous downturns. It is appearing to be bound near 10 percent.

Due to the depression in real estate market, there is much impact on the small businesses. Real estate was the vital force for the small firms. The real estate holdings have often been generators for the profits and they also provided collateral for the new machinery or other expansions.

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September 21, 2010

US Advertising Market: 2009

Filed under: Business — Tags: , , — Winson @ 7:32 AM

According to the IAB US Online Advertising report, there is continuous and significant growth in Internet on comparison with other media.

  • In US market share, TV distribution continues to be in the leading position which is $26.2 billions.
  • The second place is taken by News papers, which is $24.6billions in US market share.
  • The Internet occupies 3rd place in US Market share, which is $22.7 billions.
  • The top 10 ad selling companies continue to remain concentrated on online advertising. This accounted for 71 percent of total revenues in Q4 of 2009, which was down slightly from 72 percent as in Q4 of 2008.
  • 11 percent of revenues for Q4 of 2009 were accounted by 11 to 25 ranked companies on comparison to the 12 percent as in Q4 of 2008.
  • The companies which were ranked from 26 to 50 accounted for 8 percent in both 2008 and 2009.
  • As per the report, the United States internet advertising revenue was $22.7 billion in 2009. The internet advertising revenues faced a decrease of 3.4 percent over 2008.

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September 4, 2010

Small Medium Businesses are Interested to adopt cloud computing services : Study Report

Filed under: Small Business — Tags: , , — Winson @ 1:56 AM

According to a new study conducted by Spice works Inc., around 14 percent of small and medium businesses were reported using cloud computing services, and 10 percent had plans to take up cloud based services during the first half of 2010.

Global survey uncovered the findings of 1,500 IT professionals at small and medium businesses (SMBs) with fewer than 1,000 employees. This survey was made for uncovering cloud computing adoption trends and sentiments among SMBs as per Spice Works.

Highlights of Cloud Computing
Cloud services adoption is more in smaller SMBs than their larger SMB counterparts. 38% of SMBs with less than 20 employees are using or planning to use cloud solutions in the next 6 months which is higher than the 17% of organizations.

According to survey results, cloud services are adopted by technology based companies at a faster rate: 34% of SMBs in the technology sector are using or planning of using cloud services. Services sector companies, such as finance, HR or consulting, are the next fast growing ones with 22 % using or planning to go for cloud solutions.

About 62% of SMBs have no plans on implementation of cloud in the next 1 year because of security concerns and citing technology.

September 1, 2010

Many People are Using Mobile Internet – comScore

Filed under: Business — Tags: , , — Winson @ 6:05 AM

The number of people who use mobile are increased twice in the year of 2009 when we compare to the year 2008, according to comScore report. They are using these mobile devices to access the news and information on the internet.

News and information are accessed by 63.2 million people on their mobile devices in the month of January 2009 and they are accessed by 22.4 million people daily. This number is more than twice of the audience of the last year 2008. According to comScore, 107 percent increase in people using mobiles to access news and internet daily. By this we can say, there is growth in importance of the mobile medium because users are depending on their mobile phones to access information.

Day by day, accessing of the social networking and blogging by users is increasing and there is much growth in downloaded applications as well like because of this growth in news and information usage. The accessing of social networking site and blog increased by 427 percent from 2008 to 2009.

News and information was accessed by 22.3 million people through the downloaded application in the month of the January. 8.2 million users downloaded maps, it is most popular downloaded application among them. SMS was used by 32.4 million people to access the news and information in the month of January.

Most of the users who show the enthusiasm to use mobile news and information are young males with half of 18 to 34 year old males engaged in that activity. Females with the age of 18 to 24 also used this mobile internet. 40 percent of them were accessing it.

In this way mobile devices are used by many people, not only for one purpose for many purposes like access the news and information and maps, etc.

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