Posted by seshdotcom on December 28, 2008
One of the Cost Cutting Technique 🙂
Each company have their own way of reducing costs and most of the US companies are said to handle this cost cutting measures very effectively.If the times are difficult.Some of the Indian Banks have also started implementing the cost cutting measures like the Kotak Mahindra Bank,State Bank of India and many other famous firms.And the Kotak Mahindra Bank has named this Cost Cutting Campaign as “Kill Bill”.Some of the cost cutting techniques they have adopted is Work at a Particular temperature don’t go very low because that may take a toll on Air Conditioners and it helps in reducing elextricity bills and don’t spill coffee when you take from the Vending machine,Keep the Monitors Switched Off when not in use,Many of the measures are also taken by other banks like SBI and HDFC they have an idea on cutting down the costs related to courier and Posts.
It was also explained why??—>HDFC banks get 20,000 to 25,000 new accounts for every 25 days,The cost of sending a Welcome Kit through Courier costs around 40 rupees.This amount was calculated and it comes around 6 lac and if it is going to be sent by email it will save this 6 lacs.So if clients agree to receive the contract over the email,there is obviously a remarkable savings done.So all the companies have become aware of the Eco”nemesis” and they are taking measures to not get drowed in this Gutter.Hope that it will get over soon and Economy returns to normal life soon.
Posted in Business/economics | Tagged: Cost Cutting, Cost Cutting Techniques, Economic Depression, Inflation, Kill Bill Campaign by Kotak Bank, recession | Leave a Comment »
Posted by seshdotcom on October 19, 2008
Empty Pockets force people to sacrifice many things in life!!!!
No Money No Darling this has now become the Caption of the Singapore Men may be I think there would be Hoardings displaying “SAY NO TO LOVE” the worst affected by this were the Singapore Match Making Agencies one of the Higher Official of the Agencies said we are seeing very Slow Progress in business as the financial crisis and the 9 letter nemesis Recession has taken a Gargantuan growth and this has in turn forced the Singapore men think N times before registering and spending some penny to the Match Making agencies to get a wife.I was able to capture the exact words said by one of the men in the Television “The economy is slowing down and I have no money so girls are of no importance for me now”.So I think this is not going to take much time to spread across the world there might be a situation where all the Bridal Agencies close and would be forced to go for some other business.
So see the impact that Inflation/recession has created around the Globe–This is a contagious disease which will Propagate across the world in a rapid fashion like forest fire(in fact it has already spread)A very rough epidemic disease
Posted in Funny | Tagged: Bridal Agencies, Epidemic disease, Inflation, Match making, recession | 2 Comments »
Posted by seshdotcom on July 14, 2008
The Haunted Restaurants
Reports say that the people in the Metros(Chennai,Delhi,Kolkatta,Mumbai) have restricted themselves from eating outside because of the Inflation->See how a silly nine letter word has become a nemesis for the People all round the world.The Dining and Hotels section is not a Exception to this Inflation which has a Played a Huge role in the Past 6-8 Months wherever you go there is Hike in Price of the Goods and the Most affected are the Staples where the demand is constant but high cost has made people step Backward because of Affordability.And the survey and the results done by a Private firm has revealed that over 70% of the consumers across Mumbai,Delhi and other Major cities say they have cut down having their food outside and Home deliveries of the Rich foods like Pizza.The city Bangalore where many Youths and Professional stay and work are one of the Worst Affected with all of the consumers in this city has cut down eating outside and Ahas Avoided Home deliveries..And if this is going to continue for next 6-8 months or so on then i am sure that All the Pizza Huts will be having TOLET Boards and Restaurants will become Tea Shops..This Inflation has not only taken a Brobdingnagian Growth in India it has also made its mark in U.S.A,U.K->where one Kilogram of rice has increased by 100%..
So I think this has exceeded the limits and Bringing down is not Possible and will not be a challenge now but keeping it at the same state will certainly be a Challenging Task to the Govt.
Posted in Business/economics | Tagged: Inflation, Pizza Hut, Restaurants, Staples | Leave a Comment »
Posted by seshdotcom on June 11, 2008
We all know that there are Salary hikes given to the Employees by the Employers recently in all the Software/IT Companies and the Employers are considering to set off the impact of Spiralling Prices on their employees by Promoting ‘Tele-Commuting’.This tele-commuting is a term which briefly explains Working from Home and what happens if you work from home????->You can beat the Transportation Inflation you can curb it to an certain extent and mainly the companies like Infosys,Wipro,HCL etc.,should promote this only then there will be a Fall in the Prices or else the daily newspaper will only say Sudden Surge.With a Spurt in Prices of car Maintenance and sudden rise in Petrol prices has also made employees think to shift their Workplaces near to their home…Many IT Companies in NOIDA are also Under Pressure to revise their Monthly Conveyance from 10 % to 15 %….So If this kind of a Procedure of tele-commuting is followed Inflation can be curbed to an certain Extent…
Posted in Business/economics | Tagged: HCl, Inflation, Infosys, Tele-commuting, Wipro | Leave a Comment »