Business Plans and Financials News.

India’s Malladi Drugs and Pharmaceutical will invest up to $300 million over the next three to five years to set up its global “one-stop shop” in Malaysia, according to the Malaysian Biotechnology Corp (BioTech).

Malladi is an active pharma ingredient (API) manufacturer based in Chennai, India, while BioTech is the main government agency for promoting biotechnology industry in Malaysia.

BioTech Chief Executive Officer Iskandar Mizal Mahmood said here yesterday Malladi had yet to pick a site but would be encouraged to locate at one of the economic corridors in the country, in line with Malaysian Prime Minister Abdullah Ahmad Badawi’s call for those areas to be driven by biotechnology.

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Mumbai: Retail car sales by the Indian automobile industry have been hit hard by the squeeze on retail financing as banks have stopped hardselling car loans in the current economic climate, say auto industry representatives.

Unlike in the past, when customers used to be inundated by phone calls from banks offering car loans, many banks are now unwilling to provide automobile loans.

“Even a few months back it was easy to get car loans, but not any more. Now, banks are always looking for ways to turn down deals,” Honda Siel Cars India Ltd marketing vice-president Jnaneswar Sen told IANS.

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The government is examining various amendments to the insurance law, including a special statute for health insurance, aimed at improving the functioning of domestic companies and increasing their penetration.

“There are several amendments being considered such as allowing foreign reinsurers to set up branches in India, allowing insurers to raise hybrid capital and having a special statute for health insurance,” Tarun Bajaj, joint secretary in the Union finance ministry, said on the sidelines of a seminar here on Tuesday.

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With the government and the Reserve Bank of India (RBI) taking steps to ease the liquidity crunch, home borrowers and small enterprises (SMEs) may get 25-50 basis points relief from high interest rates in the short term.

If not immediately, it is likely that the lending rates for small and medium enterprises and priority sector loans like those for housing are likely to be lowered by 25-50 basis points after the Reserve Bank of India reviews the monetary policy on October 24.

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When resources are scarce it’s important to maximize results and stretch every dollar. As home business entrepreneurs, we don’t have the ad budgets of Coca-Cola and Disney, we can’t afford to throw money away.

There are a number of free resources that make building and promoting your website a whole lot easier.

Web Site Design - page layout (http://wptheme.tipbisnis.org)
This site provides free web page templates which are nice looking, professional and can be used free for personal and business websites. Check out all the variations and pick a template for your site. Another way to use this is as a springboard for your own creativity. Perhaps you like an element on template 1 and the navigation of template 7. Get some ideas for creating your own site from scratch. There are also designs you can buy for under $100 and you gain access to a number of images, clipart, sounds, fonts etc.
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Some home based business owners operating online are afraid of raising their prices because they will, they think, lose a lot of their clients. But if you feel the need to up your prices to cover your time and expenses, there are ways of raising your prices without losing clients.

One way of raising your prices without losing clients starts long before the actual time comes for raising prices. You see, if you have planned your Internet business right, and you are selling to niche markets, you shouldn’t really be competing one price to begin with. It’s a myth that people are more sold on pricing than they are on anything else.
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Any company, big or small needs to manage its cash flow well, just as much as its sales and expenditure. There are many giants that were seemingly doing very well with steeply rising sales and running massive projects, spending lavishly on research and development backed with advertising campaigns, only to see them crash almost overnight. What is the reason for such unexpected crashes?

Since we are told that their sales were doing well and expanding, then the root cause has to be poor cash flow management. Cash flow is the difference between your receipts and payments (in cash, whether from bank accounts or from other source). Cash Flow should not be confused with income and expenditure or profit and loss that is quite different from receipts and payments.
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More and more data go speeding along the information superhighway every day. Only trouble is, the roads in the U.S. are too narrow, and they’re getting clogged. Unless carrying capacity increases rapidly, Internet users will experience more and more traffic jams in the form of slower service.

So capital spending is going to have to ramp up. And no two companies should benefit more than Corning, the leading maker of optical fiber that carries data, and Cisco, the top manufacturer of switching systems that direct how all the packets of information get to their destination.

The U.S. led the development of the Internet, but during the past decade it has fallen behind other countries. Canada, France, Japan and the U.K. are all better connected, according to the Information Technology & Innovation Foundation, based on speed, price and availability of service.

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(Money Magazine) — John and Gina Rodrigues have always been good with numbers. John is a software engineer who manages a team at Microsoft, and Gina spent years processing mortgages at Wells Fargo and Countrywide Home Loans. But the numbers they are especially good at are the kind with dollar signs in front of them.

At age 27, John and Gina already earn a combined $174,000 a year, save half of what they make and have built a formidable portfolio of $380,000 in stocks, mutual funds and cash. Their goal: to become millionaires and retire by the time they turn 40, just 13 years from now.

To make that dream a reality, they have become black-belt practitioners of an art rarely practiced in America these days: While others with their earning power might indulge in fancy dinners, luxury vacations and designer wardrobes, the Rodrigueses live like young couples did before the era of easy credit. They rent the house where John grew up in the San Francisco Bay Area for a mere $650 a month; rarely travel; split an entrée on the rare occasions they eat out; and spend almost nothing on clothes (John wears free Microsoft T-shirts, while Gina gets hand-me-downs from her sister).
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