Tag Archives: Business and Economy
Get Richer by avoiding this Money Mistake
Mental Accounting is one such money mistake even smart people are committing. Understanding this mistake and avoiding this could make us richer.
Behavioral Finance experts say that mental accounting works this way: Let us say you have bought a Rs.200 ticket to a movie. When you show up at the entrance of the theatre and realize you have lost your ticket, do you buy another ticket?
If you are like most people, you would probably think twice. You may still drop down the money, but you will now feel that you paid Rs.400 for a Rs.200 movie.
But let’s construct the scenario differently. Let’s say you hadn’t bought the ticket yet, and you show up at the entrance to buy your ticket. Unfortunately, you realized you’ve lost Rs200 in cash...
Foreign companies venturing in India
India Investment Center Is the first contact point for information and assistance. It provides knowledge about the conditions, laws, policies, procedures and incentives relating to investment opportunities in India.
Foreign Investment approval system
A foreign investor can, 1) Invest either in an Indian company or in a 100% owned subsidiary. 2) Open a liaison office with the prior permission from the Reserve Bank of India. 3) Open a branch office with the prior permission of the Reserve Bank of India. Once established, the Branch office should also get registered with the Registrar of Companies.
Foreign investment Promotion Board (FIPB)
It’s objective is to promote the inflow of foreign direct investment into India. Most of the Foreign Direct...
Keys to get more referrals from your network
For the networking rock stars of the world, networking tends to be very fruitful. They get qualified referrals from their network on a regular basis. They constantly are connecting with a steady stream of targeted prospects. Why? – Because their networking is typically very strategic and very well executed.
In Malcolm Gladwell’s “The Tipping Point”, he introduces the concept of “connectors” as people with a special gift to bring the world together. Now combine that concept and attribute with author Seth Godin’s concept of “sneezers” from his book “Unleashing the Ideavirus” and now you’re talking! You’re networking with people your target market both already knows, likes and trusts and that will actively and willingly...


