Archive for May 2013
Youngest Entrepreneur of the World
Suhas Gopinath (born November 4, 1986) is an Indian
entrepreneur. He is the founder, CEO, and Chairman of Globals Inc., an IT
multinational company.
 |
| Subash Gupta |
Mr. Suhas Gopinath at
the age of 16 was recognized as the world’s youngest
entrepreneur in by CNBC
and e-Business, Canada. With this at the age of 17 he
was recognized as the
World's Youngest CEO by leading Medias across the
globe including BBC,
Washington Times, The Age, etc., including Limca Book of
at IIM Ahmadabad, and
Advisory Board member at IIT Bombay Entrepreneurship Cell.
In the year 2005, he
became the youngest recipient of the prestigious
Rajyotsava Award
conferred on him by the State Government of Karnataka.
Among the several honors that have
been bestowed upon this young man, the most prestigious is the invitation to be
a member of the Board of the ICT Advisory Council of the World Bank..
In 2007, the European Parliament and
International Association for Human Values conferred 'Young Achiever Award' on
him. He was also invited to address the European Parliament and other business
dignitaries assembled in the EU Parliament. He is also recognised as one of the
'Young Global Leaders' for 2008-2009 by the prestigious World Economic Forum.
Suhas is the youngest member ever in
the World Economic Forum's history.
Today, Global is a multi-million dollar company with offices in the United States, India, Canada, Germany, Italy, the United Kingdom, Spain, Australia, Singapore and the Middle East.
image:wikipedia.org
Tag :
entrepreneur,
youngest
Top Airlines of 2012
1. Qatar Airways:
_A7-ABX_FRA.jpg/800px-Qatar_Air_Cargo_A300-600R(F)_A7-ABX_FRA.jpg)
Apart from being the best airline in the
world, Qatar Airways also grabbed the title of Airline of the Year 2012, and
Best Airline in the Middle East for the seventh consecutive year and the Best
Airline Staff Service award in the Middle East.
2. Asiana Airlines:
In second spot, this airline has a bunch of luxe amenities. It also won the Best Airline in Asia title.
3. Singapore Airlines:
.jpg/800px-Singapore_Airlines_777_(7188399913).jpg)
One of the few airlines to own an
Airbus A380, the suites onboard Singapore Airlines are almost the epitome of
luxury. With a standalone bed and fine linen, you also get a sleeper suit,
bedroom slippers and bedding exclusively designed by Givenchy.
4. Cathay Pacific Airways:
Onboard this Hong Kong-based
airline, passengers on long-haul flights, receive kits from Acca Kappa and
Ermenegildo Zegna travel bags from Italy for him, and for her, Aesop products
from Australia and a Ipa-Nima travel pouch. Also all the food on this fourth
best airline is made-to-order.
5. ANA All Nippon Airways:
_(2149169872).jpg)
It won fifth spot as the Best
Airline in the World, and landed third for the World's Best First Class
Airline.
via:luxpresso.com
Oldest Currency Of the World
The pound sterling (ISO code: GBP), commonly known simply as the
pound, is the official currency of the United Kingdom, the British Crown
dependencies of Jersey, Guernsey and the Isle of Man, the British Overseas
Territories of South Georgia and the South Sandwich Islands, the British
Antarctic Territory and Saint Helena, Ascension and Tristan da Cunha . It is
subdivided into 100 pence . A number of nations that do not use sterling also
have currencies called the "pound".It is the oldest currency in the world in use.
The pound sterling is also
used in the Isle of Man (alongside the Manx pound), Gibraltar (alongside the
Gibraltar pound), the Falkland Islands (alongside the Falkland Islands pound),
and Saint Helena and Ascension Island in
Saint Helena, Ascension and Tristan da Cunha (alongside the Saint Helena
pound).
image coutesy:http://small-business.ezinemark.com
Tag :
oldest currency
Oldest Stock Index in The World
Foundation: May
26, 1896
Weighting method : Price-weighted
The Dow Jones
Transportation Average ( also called the "Dow Jones Transports") is a
U.S. stock market index from Dow Jones Indexes of the transportation sector,
and is the most widely recognized gauge of the American transportation sector.
It is the oldest stock index still in use, even older than its better-known
relative, the Dow Jones Industrial Average (DJIA)
.
It's made up
of 30 large U.S. companies that are publicly traded. Some of the companies
included in the Dow Jones industrial average are American Express Co.,
Caterpillar Inc., Exxon Mobil Corp., General Electric Co. and Bank of America
Corp.
Access to Nutrition Index
WHAT
IS ATNI ?
The Access to Nutrition Index is a new global initiative
that evaluates food and beverage manufacturers on their policies, practices,
and performance related to obesity and undernutrition. By providing companies
with a tool for benchmarking their nutrition practices and serving as an
impartial source of information for interested stakeholders, ATNI aims to
encourage companies to increase consumer access to nutritious products and
responsibly exercise their influence on consumer choice and behavior.
ATNI was funded by the Global Alliance for Improved
Nutrition (GAIN), the Bill & Melinda Gates Foundation and the Wellcome
Trust. Development of ATNI was housed in GAIN's Innovative Finance Program and
involved an extensive, multi-stakeholder process that included input from
governments, international organizations, civil society, academia, and
investors at every phase of the process. It was also guided by advice from an
independent, multi-stakeholder advisory panel and a group of experts on
nutrition. Company research and assessments were conducted by MSCI ESG Research
using publicly available documents supplemented by additional information
requested from each company.
ATNI 2013
|
OVERALL
RANKING
|
SCORE
|
|
1 Danone
|
6.3
|
|
2 Unilever
|
6.1
|
|
3 Nestlé
|
6.0
|
|
4 PepsiCo
|
4.4
|
|
5 Kraft Foods Inc.
|
3.7
|
Largest Chocolate Manufacturers
Company Net
Sales 2012 (US$ millions)
Mars Inc (USA) 16,800
Mondeléz International Inc (USA) 15,480
Barcel SA, division of Grupo Bimbo (Mexico) 14,095*
Nestlé SA (Switzerland) 12,808
Meiji Co Ltd (Japan) 12,428*
Hershey Foods Corp (USA) 6,460
Ferrero Group (Italy)
5,627
Chocoladenfabriken Lindt & Sprüngli AG (Switzerland) 2,791
August Storck KG (Germany) 2,272
Yildiz Holding (Turkey) 2,200
* This includes
production of non-confectionery items
Tag :
chocolate
Oldest Stock Exchange in The World
Amsterdam Stock Exchange
The Amsterdam Stock Exchange is
considered the oldest in the world. It was established in 1602 by the Dutch East
India Company for dealings in its
printed stocks and bonds. It was subsequently renamed the Amsterdam Bourse and
was the first to formally begin trading in securities.
The European Option Exchange (EOE) was
founded in 1978 in Amsterdam as a futures and options exchange. In 1983 it
started a stock market index, called the EOE index, consisting of the 25
largest companies that trade on the stock exchange.
In 1997 the Amsterdam Stock Exchange
and the EOE merged, and its blue chip index was renamed AEX, for
"Amsterdam Exchange". It is now managed by Euronext Amsterdam.
images:googleimages
10 Richest Companies of the World (revenue)
10.Apple
Revenue: $198 Billion
Industry: Electronics
Employees:72,800
Stock Listing: AAPL
Headquarters: Cupertino,California,U.S
09.Toyota Motors
Revenue 2012: $250.1 Billion
Industry: Automotive
Employees: 316,100
Stock Listing: TYO:
7203
Headquarters: Toyota,
Aichi, Japan
08.ConocoPhillips
Revenue 2012: $248 Billion
Industry: Oil and Gas
Employees: 29,800
Stock Listing: NYSE:
COP
Headquarters: Houston
Energy Corridor, Houston, Texas, U.S
07.Chevron
Revenue 2012: $270.1 Billion
Industry: Oil and Gas
Employees: 61,500
Stock Listing: SSE:
NYSE: CVX
Headquarters: San
Ramon, California, United States
06.Sinopec
Revenue 2012:
$290.5 Billion
Industry: Oil and Gas
Employees: 402,500
Stock Listing: SSE:
600028, SEHK: 0386
Headquarters:
Beijing, China
05.Vitol
Revenue 2012: $320.2 Billion
Industry: Raw
materials
Employees: 3400
Stock Listing:
Private
Headquarters:
Rotterdam, Netherlands, Geneva, Switzerland
04.British Petroleum
Revenue :$410 Billion
Industry: Oil and Gas
Employees: 97,600
Stock Listing: LSE:
BP
Headquarters: London,
England, United Kingdom
03.Walmart
Revenue: $464 Billion
Industry: Retailer
Employees: 2,150,000
Stock Listing: NYSE:
WMT
Headquarters:
Bentonville, Arkansas, United States
02.Royal Dutch Shell
Revenue: $492 Billion
Industry: Oil and Gas
Employees: 90,000
Stock Listing: LSE:
RDSA
Headquarters: The
Hague, Netherlands and London, United Kingdom
01.Exxon Mobil
Revenue: $502.3 Billion
Industry: Oil and Gas
Employees: 82,000
Stock Listing: NYSE:
XOM
Headquarters: Irving,
Texas, United States
courtesy:google images
Top 5 Brands of 2012
1.Apple
Apple Inc., formerly Apple Computer, Inc., is a
multinational corporation that creates consumer electronics, personal
computers, computer software, and commercial servers, and is a digital
distributor of media content. Apple's core product lines are the iPhone smart
phone, iPad tablet computer, iPod portable media players, and Macintosh
computer line. Founders Steve Jobs and Steve Wozniak effectively created Apple
Computer on April 1, 1976, with the release of the Apple I, and incorporated the
company on January 3, 1977, in Cupertino, California.
Brand Value: $70,605
2.Google
Google Inc. is an American multinational corporation
specializing in Internet-related services and products. These include search,
cloud computing, software and online advertising technologies.Most of its profits
derive from AdWords.
Brand value: $47,463
3.Microsoft
Microsoft is a multinational computer technology
corporation. The history of Microsoft began on April 4, 1975, when it was
founded by Bill Gates and Paul Allen in Albuquerque. Its current best-selling
products are the Microsoft Windows operating system and the Microsoft Office
suite of productivity software.
Brand Value: $45,812
4.IBM
International Business Machines, abbreviated IBM and
nicknamed "Big Blue", is a multinational computer technology and IT
consulting corporation headquartered in Armonk, New York, United States. The
company is one of the few information technology companies with a continuous
history dating back to the 19th century. IBM manufactures and sells computer
hardware and software (with a focus on the latter), and offers infrastructure
services, hosting services, and consulting services in areas ranging from
mainframe computers to nanotechnology. Ginni Rometty is the president and CEO
of IBM.
Brand Value: $ 39,135
5.Walmart
Walmart Stores, Inc., branded as Walmart, is an American
multinational retail corporation that runs chains of large discount department
stores and warehouse stores.It the biggest private employer in the world with
over two million employees, and is the largest retailer in the world. Walmart
remains a family-owned business, as the company is controlled by the Walton
family, who own a 48 percent stake in Walmart.It is also one of the world's
most valuable companies.
The company was founded by Sam Walton in 1962, incorporated
on October 31, 1969, and publicly traded on the New York Stock Exchange in
1972. It is headquartered in Bentonville, Arkansas.
Brand Value: $ 38,320
images:googleimages
5 Largest valued currencies in the World
1. Kuwait Dinar
The Kuwaiti Dinar is the official currency of Kuwait. Its currency code is KWD. It is sub divided into 1000 fils. The current value of it is $ 3.50.This makes it the highest valued currency in the world.
2. Bahrain Dinar
The Dinar is the currency of Bahrain and thus called as the Bahraini Dinar. It is subdivided into 1000 fils. The name dinar derives from the Roman denarius. Current value is $ 2.65
3.Oman Rial
The rial is the currency of Oman. It is subdivided into 1000 baisa. Its currency code is OMR. Current value is $ 2.59
4.Latvia Lats
Latvian Lats is the currency of Latvia. It is abbreviated as Ls and has a currency code LVL. The Lats is subdivided into 100 santimi. Latvia is a small country about the size of West Virginia. Current value is $ 1.82.
5.Falkland Islands Pound
The Dinar is the currency of Bahrain and thus called as the Bahraini Dinar. It is subdivided into 1000 fils. The name dinar derives from the Roman denarius. Current value is $ 2.65
3.Oman Rial
The rial is the currency of Oman. It is subdivided into 1000 baisa. Its currency code is OMR. Current value is $ 2.59
Latvian Lats is the currency of Latvia. It is abbreviated as Ls and has a currency code LVL. The Lats is subdivided into 100 santimi. Latvia is a small country about the size of West Virginia. Current value is $ 1.82.
5.Falkland Islands Pound
The pound is the currency of the Falkland Islands, a British
Overseas Territory in the South Atlantic Ocean. The currency code is FKP. Current value is $
Most Expensive Coin in the World
The Flowing Hair dollar was the first
dollar coin issued by the United States federal government. The coin was minted
in 1794 and 1795; its size and weight were based on the Spanish dollar, which
was popular in trade throughout the Americas.
In 1791, following a study by
Alexander Hamilton, Congress passed a joint resolution calling for the
establishment of a national mint. Later that year, in his third State of the
Union address, President George Washington urged Congress to provide for a mint,
which was officially authorized by the Coinage Act of 1792. Despite the
authorization, silver and gold coins were not struck until 1794. The Flowing
Hair dollar, designed by Robert Scot, was initially produced in 1794, and again
in 1795. In October 1795 the design was replaced by the Draped Bust dollar.
In May 2005, a specimen striking from
the 1794 production was sold in a private sale for $7.85 million, more than any
other coin in history. On January 24, 2013, a 1794 production was sold for a
new record $10 million by Stack's Bowers Galleries, including commission.
Rare-coin firm Legend Numismatics was the purchaser.
It is considered as the most expensive
coin in the world.
DIfferent Brands One Company...
VOLKSWAGEN---ITS BRANDS
Volkswagen Group is a German multinational automotive
manufacturing company headquartered in Wolfsburg, Lower Saxony, Germany.
Volkswagen Group sells passenger cars under the Audi, Bentley, Bugatti, Lamborghini, Porsche, SEAT, Škoda and Volkswagen marques; motorcycles under the Ducati brand; and commercial vehicles under the MAN, Scania and Volkswagen Commercial Vehicles marques. It is divided into two primary divisions, the Automotive Division and the Financial Services Division, and consists of approximately 340 subsidiary companies. The company has operations in approximately 150 countries and operates 94 production facilities across 24 countries.
BMW----ITS BRANDS
Bavarian Motor Works, commonly known as BMW, is a German
automobile, motorcycle and engine manufacturing company founded in 1917. BMW is
headquartered in Munich, Bavaria, Germany.
BMW was
established as a business entity following a restructuring of the Rapp
Motorenwerke aircraft manufacturing firm in 1917.
Tag :
brands
10 most corrupted countries of the world
10. Venezuela
Venezuela has earned
a CPI score of 1.9 and are ranked 172nd out of 182 countries of the world. The
event that kicked off the country’s slide in to corruption was the discovery of
vast amounts of oil and by the time the ’70s decade arrived, the Venezuelans
had started calling the petroleum being mined as ”the Devil’s excrement”.
9. Haiti
Haiti was struck by a
massive earthquake in 2010,
but the 2 billion
dollars that came into Haiti as funds for the people inflicted by the
earthquake was consumed by the rampant corruption practiced by the bureaucracy.
Haiti’s CPI score is
1.8 (ranked 175th), and they are plagued by the rampant corruption of the
impenetrable bureaucracy.
8. Iraq
In September 2011, a
renowned Iraqi journalist was murdered in his home because he was accused of
leading anti government protests. During the Saddam regime, the corruption was
so rampant that anyone that so much as lifted a finger against the government was
immediately captured and brutally murdered. Saddam and his son were quite
infamous for their brutality and corruption. Their CPI score is 1.8 and are
ranked 175th.
7. Sudan
Sudan gets millions
of dollars in aid for development to start the rebuilding process that has
become a necessity in the country ravaged by years of war. But the aid funds
seldom (read: almost never) go to the purposes of development and instead end
up in private hands of the government officials and their foreign banks. Since
the country gained self rule in 2005, no effort has been put into prosecuting
the officials responsible for corruption despite a commission being set up for
just this job. Sudan’s CPI score is 1.6 and are ranked at 177th.
6. Turkmenistan
Turkmenistan spent 69
years under the Soviet Union and their time with the Soviets has left its
effects on the government. .The people suffer intense human rights violations
and face severe restrictions whenever they try leaving the country. It has the
world’s third worst freedom of the press, and is the tenth most censored
country in the world. Turkmenistan has a CPI of 1.6 and are ranked at 177.
5. Uzbekistan
Uzbekistan is a
country rich in resources, but the government does not allow for growth in the
independent private sector as they keep control over all the resources. The
government, infamous for its authoritarianism, is often called the root of all
the corruption and the problems that arise as a result. The country and its
society are corrupted through and through.” Turkmenistan’s CPI is 1.6 and its
ranked at 177.
4. Afghanistan
Afghanistan is a
state riddled with the the corruption of bribery. As recent as 2010, Afghani
people paid around 2.5 billion dollars in bribes and nearly half the Afghan
population had paid the country in kickbacks. Bribery and the menace of
kickbacks are so commonplace in Afghanistan that 38 percent of the people
consider it to be normal. Even meeting a politician, something that seems as
simple as a normal talk or a handshake, involves giving kickbacks 40 percent of
the time. Afghanistan’s CPI is 1.9 and is ranked 180th in the world.
3. Myanmar
Myanmar is rich in
natural resources, a blessing that is more of a curse in this country riddled
with drug rings and widespread corruption. In fact, these reasons have not only
affected Myanmar, but has been considered the root of all problems in the Golden
Triangle. On top of all that, the country has been witness to brutal ethnic
violence on a large scale and the human rights issues has had it isolated by
most of the developed countries of the world. The country’s CPI is scored at
1.5 and is ranked 180th in the world tied with Afghanistan.
2. North Korea
The CPI score,
based on what is known, is a lowly 1 and they are ranked at the second last
spot, 181st.
1. Somalia
If it weren’t for the
fact that Somalia is even considered a country, some circles believe it
shouldn’t be considered as such unless at least a stable shadow of a government
is present, it wouldn’t even be on this list. The state and the officials,
however they are, are so infested with the malice of corruption and brutal
violence that it is ranked at the very last among the countries in the world,
and by some circles, it is not even considered a country. Their CPI is the
lowest 1 and for that, Somalia earns the top spot in being the most corrupt
country in the world as of 2012.
10 richest countries of the world
1- Qatar:
Average income per capita: 88,222 dollars a year, it’s
located east of the Arabian Peninsula in Southwest Asia, bordering the Persian
Gulf, its capital is Doha, and has a population of 1.8 million people.
2- Luxembourg:
Average income per capita: 81,466 dollars a year, is located in Western Europe between Germany, France, Belgium,with a population of 502 thousand people.
3- Singapore:
Average income per capita: 56,694 dollars a year, is located on an island in South East Asia, Singapore as its capital, the population is 4.9 million people.
Average income per capita: 51,959 dollars a year, located in northern Europe and occupies the western part of the Scandinavian Peninsula, its capital is Oslo and has a population of 4.9 million people.
5- Brunei:
Average income per capita: 48,333 dollars a year, is located
on the northern coast of the island of Borneo in Southeast Asia, its capital
is Bandar Seri Pkawan, and has a
population of 388 thousand people.
6- United Arab
Emirates:
Average income per capita: 47,439 dollars a year, is located
east of the Arabian Peninsula in Southwest Asia, bordering the Persian Gulf,
Abu Dhabi as its capital and a population of 8.2 million people.
7- The United States:
Average income per capita: 46,860 dollars a year, a federal republic comprising fifty states and is located in North America, its capital is Washington DC and has a population of 313 million.
8- Hong Kong:
Average income per capita: 45,944 dollars a year, is one of the administrative regions of China, located in East Asia with a population of 7 million people.
9- Switzerland:
Average income per capita: 41,950 dollars a year, a federal republic located in Central Europe, with its capital Bern and a population of 7.7 million.
10- The Netherlands:
Average income per capita: 40,973 dollars a year, located in western Europe, bordering the North Sea, with its capital Amsterdam and a population of 16 million people.
via:Forbes
Tag :
rich countries,
richest
10 Highest Tax paying Countries
1. Aruba – 58.95 percent for those with
income of at least $171,149
The country is known to have the highest standard of
living in the Caribbean. This Dutch territory has the highest income tax rate
in the world. It actually used to hover above 60 percent back in 2007. Married
individuals who meet the income requirement are charged a slightly lower 55.85
percent. The country also has a 25 percent tax on capital gains. The rate is
double than the average rate in the Caribbean, and especially astounding
considering the zero income tax regime in the Bahamas, Bermuda and Cayman
Islands.
2. Sweden – 56.6 percent for those with
income of at least $85,841
Sweden is a welfare state where citizens get free
education and subsidized healthcare. Everyone is also guaranteed a basic
pension. Even public transportation is subsidized. All these are the results of
an aggressive tax scheme by the Swedish government in which those with
extremely high incomes are levied a tax rate of 56.6 percent. As this rate will
only kick for those with income of $85,841, most Swedes do not worry about it
as it is way above the average income of $48,800. Sweden also has a 30 percent
tax on investment income, as well as significant rates for property holdings
and social security.
3. Denmark – 55.38 percent for those with
income of at least $70,633
This rate is actually an adjusted rate already, as the
top marginal rate used to be 62.3 percent in 2008. Denmark also taxes dividend income by 28
percent and capital gains by 42 percent. Even the Danish church is not exempt,
as they are liable for taxes ranging from 0.4 to 1.5 percent. Gifts to relatives over a certain threshold
amount are also subject to 15 percent tax.
4. Netherlands – 52 percent for those with
income of at least $70,090
The Netherlands has the highest tax rate in Western
Europe, where the regional average stands at 45.7 percent. Its government also
charges capital gains tax of 25 percent, land transfer tax of 6 percent and
inheritance tax of up to 40 percent. Average income in the country is $57,000.
5. Belgium – 50 percent for those with income
of at least $45,037
Belgium’s tax rate
is higher than the average for the region. It also charges a social security
rate of 13 percent for employees and 35 percent for employers, municipal taxes
of up to 11 percent, and capital gains tax of up to 33 percent. The country
actually has the highest tax and social security burden in the world, with
single taxpayers taking home less than 45 percent of their actual income. Those in the higher income brackets take home
less than 40 percent. Average income in the country is $45,037.
6. Austria – 50 percent for those with income
of at least $74,442
.Aside from the high income tax rate, Austria also has a social security rate of 18 percent,
bonus payments are charged 6 percent, and capital gains tax is at 25 percent.
Money stashed away in Swiss banks is also taxed through a special agreement
between the Swiss and Austrian governments.
7. Japan – 50 percent for those with income
of at least $228,880
Japan has the highest income tax rate in the whole of
Asia, where the average is only at 23 percent. Note however that the high rate
only kicks in at $228,880, which is an extremely high income level in a country
where the average income is $53,200.
8. United Kingdom – 50 percent for those with
income of at least $234,484
This will only last until April 2013, when the rate will
be cut to 45 percent. Those earning less than $14,300 are exempted from paying
taxes. Social security taxes can be as much as 14 percent, while capital gains
can reach 28 percent.
9. Finland – 49.2 percent for those with
income of at least $87,222
The top rate used to be 53.5 percent, but this was cut in
recent years. Municipal tax can be as much as 21.5 percent, and a church tax of
up to 2 percent. Capital gains can reach 28 percent. The government plans to
increase taxes in 2015, with the new rates targeting high income and pension
owners and those receiving inheritances above $1.3 million.
10. Ireland – 48 percent for those with
income of at least $40,696
The top marginal rate has been increasing steadily the
past few years, as it stood at only 45 percent in 2008. Social security tax is
at 4 percent. Taxes on gifts, inheritances and capital gains can reach as much
as 30 percent. It has the lowest corporate tax rate in Europe, however, at only
12.5 percent.
