The company is planing to export cars from India to various nations across the world, the main target being South Africa.

Ford Figo | *Img Src : Rediff

For many years Ford was offering mostly premium products (Cars) in India. Now it has shifted to small cars basically to capture a higher market share and stay abreast with the competition.

The car would be available with a 1.2 litre petrol and a 1.4 litre diesel engines. While the entry-level version of the petrol variant will come at Rs 350,000, the diesel one is priced at Rs 448,000.

The company claimed that the car would give a mileage of 15.6 kilometre and 20 kilometre in every litre in the petrol and diesel versions, respectively.

Please cast your views in Comments Section.

I will start posting new and interesting blog post’s soon.

I has also started to write an ebook (post’s) out here some time back in November 2009 and was not able to complete it. But now will complete all the remaining post’s under that topic and will also publish the same in a PDF format and give you guys for Download.

If you have any suggestions please do comment or contact me.

Squamble is inviting guest authors to write articles. If you are interested and want more details on this contact us with a subject “Guest Post”.
You can also tweet me @CJethmalani

Happy Holi

Happy “holi” to your family too May this holi bring colours to your life

Img Source : Holifestival.org

From SRK to Aishwaria many have been a part of LUX ad. Yes how can I forget Aishwaria’s husband Abhishek

I think LUX does majority commercials on TV and less on print media. Recently it has also sponsored “LUX Dance India Dance” a reality show.

The latest TV commercial of LUX :

Check out Excellent Case study on LUX

Whats you take on LUX ? Do comment!

Following are the highlights of the budget:

BORROWING

* Gross market borrowing for 2010/11 seen at 4.57 trillion rupees ($98.9 billion), Forecast in Reuters poll was 4.61 trillion.

* Net market borrowing for 2010/11 seen at 3.45 trillion rupees.

FISCAL DEFICIT

* Fiscal deficit seen at 6.9 pct of GDP in 2009/10

* Fiscal deficit seen at 5.5 pct of GDP in 2010/11 (Reuters poll 5.6 pct)

* Fiscal deficit seen at 4.8 pct of GDP in 2011/12; 4.1 pct in 2012/13.

* Fiscal deficit seen at 3.81 trillion rupees in 2010/11; seen at 4.14 trillion rupees in 2009/10.

SPENDING

* Total expenditure in 2010/11 11.87 trillion rupees.

* 15 pct increase in plan expenditure in 2010/11

* 2009/10 revised estimate for tax collection 7.47 trillion rupees.

* Defence spending for 2010/11 at 1.47 trillion rupees.

* To invest 1.73 trillion rupees in infrastructure in 2010/11.

* Social sector spending at 1.38 trillion rupees for FY11.

* To provide 661 billion rupees for rural development.

REVENUE

* Total revenue receipts for 2010/11 seen at 6.82 trillion rupees.

* Revenue deficit seen at 4 pct of GDP in 2010/11

*Indirect tax proposals to result in net revenue gain of 435 billion rupees.

* Direct tax proposals to result in revenue loss of 260 billion rupees.

TAXES

* Federal excise duty on non petroleum products to go up to 10 pct from 8 pct

* Raises federal excise duty on petrol, diesel by 1 rupee per litre

* Government will be in a position to implement direct tax code from April 2011

* Aims to introduce Goods and Services Tax in April 2011

* Raises minimum alternate tax rate to 18 pct

* To impose clean energy levy of 50 rupees/tonne on coal, including imports

* Service tax rate kept unchanged at 10 pct

* Personal income tax slabs widened

SUBSIDIES

* Subsidy bill seen at 1.16 trillion rupees.

* Petroleum subsidy for 2010/11 seen at 31.08 billion rupees

* Fertiliser subsidy for 2010/11 seen at 499.8 billion rupees

* To provide government subsidy in cash instead of bonds for fertilisers, oil

* To provide 2 pct loan subsidy to farmers

STAKE SALES AND RADIO AIRWAVES AUCTION

* Estimates disinvestment proceeds of 400 bln rupees in 2010/11.

* Estimates 350 billion rupees in 2010/11 from 3G wireless radio spectrum auction.

CREDIT TO SECTORS

* 3.7 trillion rupees farm credit target for FY11.

* External commercial borrowing will be available for food storage industries

* India Infrastructure Finance Company Limited to lend 200 billion rupees by March 2011.

MUKHERJEE ON THE STATE OF ECONOMY

* Final FY10 GDP figure maybe higher than estimate of 7.2 pct

* Need to review public spending

* Government to simplify FDI policy

* Roadmap within six months to cut public debt

* To set up finance sector legislative reform commission

* “The Indian economy now, is in a far better position than it was a year ago.”

* “The first challenge before us is to quickly revert to the high GDP growth path of 9 percent.”

* “After successfully managing the effects of the global slowdown, we need to strengthen the domestic macroeconomic environment to help consolidate the rebound in growth.”

* “We need to reduce the stimulus, important to the economy, and move towards the preferred path of fiscal consolidation.”

* “We need to make growth more broad based and ensure the supply demand imbalances are better managed.”

Source : Sify Finance

Check out highlights of budget 2009-10

The auction for 3G licences were first schedules last January.

India’s auction of 3G licenses has been fixed for April 9, after three postponements, the government said on Wednesday.

A notice inviting applications is scheduled to be issued soon, and the last date for submission of applications is March 19, according to the new schedule announced by the government.

The auction of spectrum for BWA (broadband wireless access) including WiMax will commence two days after the 3G auction is complete, according to the government.

A number of Indian and multinational mobile service providers have shown interest in bidding for the 3G licenses.

Currently MTNL and BSNL are the only 3G service providers in India.

Today in Budget I expect a bit on 3G and telecom sector in India.

I am eagerly waiting for 3G services to come to various different service providers in India. Aren’t you ? Comment!

The reality show has almost come to an end. He (Rahul) would select one of the four brides to whom he would marry.

Sometime last week there was some one form “Max New York Life Insurance” who had come to the programme (episode) and gave details about a life insurance plan to him. (As shown on TV)

Rahul has said about “Max New York Life Insurance” a couple of times more in the serial. He said he likes Max New York Life Insurance.

This is a good marketing strategy of Max New York Life Insurance to sponsor a big reality show. I think it is a perfect steep taken by them. Infact Rahul used a name of a mobile (handset) company which I don’t remember!

The marketing done is perfect as they have found out perfect sponsors.

What do you think on such a kind of marketing ?

Here Forbes India wrote “Will the Cyber Rakesh Jhunjhunwala Please Stand Up?”

Forbes India suggest people to follow and read Rakesh Jhunjhunwalas (RJ) blog.

But here they are not very sure that the blog is written by RJ or no? But then too they think the blog is quite informative for an investor to follow it.

He has atwitter account too.

From my findings by visiting his blog I found out that at the bottom of the blog he has written :

But I like the information on the blog and would keep on visiting it

Executive education programmes are coming up these days. These are the programmes which are in demand in corporates.

Harvard is entering India it must have studied the markets well.

US-headquartered Harvard Business School (HBS) has decided to have a classroom of its own in the country for its executive education programmes and Indian corporate chiefs Ratan Tata and Anand Mahindra are said to be helping it find one.

The B-school had been conducting executive education or management development programmes (MDPs) in India since 2008 — but always in five-star hotels. Now it’s planning its own centre in India for executive education programmes which have been growing. [Source]

HBS ranks higher than all Indian B-schools. It was ranked the third best B-school in the world after Wharton School of Business (University of Pennsylvania) and London Business School, according to the 2010 Financial Times ‘Global MBA rankings’. [Check the top 20 list]

Charges for the executive education programmes are school- and programme-specific. For instance, HBS charges Rs 2.12 lakh (plus service tax) for a five-day programme on “Building a Global Enterprise in India” and ISB Rs 1.5 lakh for a five-day programme on “Marketing Strategy in a Competitive Environment” . IIM-Ahmedabad, on the other hand, is charging Rs 1.5 lakh for a five-day programme for top Management on “Corporate Strategy – Brand Strategy Linkages”.

A question thus arise to me is what will be the effect of this competition on the Indian education industry specifically the B Schools providing shorter duration executive education programmes!

This gives me one more suggestion that investing in education sector now makes sense. Stocks which I would now track would be Educomp Solution and Redington

Test post to check good SEO