| |
GRAMEEN
BANK FOUNDER WINS NOBEL PEACE PRIZE |
|
| |
 The
Norwegian Nobel Committee has awarded the
Nobel Peace Prize for 2006 to Muhammad Yunus
and Grameen Bank for their efforts to create
economic and social development from below.
Grameen Bank (GB) has reversed conventional
banking practice by creating a banking system
based on mutual trust. 
read
more |
|
| |
|
|
| |
DYNSHAW
ITALIA IS FINANCIAL DIRECTOR OF THE YEAR 2006 |
|
| |
 Dynshaw
Italia, Finance Director & Chief Operating
Officer of Cobra Beer, has been named the
Financial Director of the Year2006 (for Growing
Business) at the Accountancy Age Awards. The
ceremony, which took place on 15th November,
recognises the success stories of the year
in the financial and accountancy fields.
read
more |
|
| |
|
|
| |
OLDERPRENEURS:
A SAFER BET FOR BUSINESS? |
|
| |
 Olderpreneur
Showcase is a set of case studies of people
who have set up businesses later in life.
It has been prepared to demonstrate the variety
and vibrancy of older entrepreneurship. "Enterprise
isn't just about youth", says Laurie
South, PRIME's Chief Executive. "People
of any age can set up in business, but it's
particularly useful for the over 50s as there
are not a lot of other options.
read
more |
|
| |
|
|
| |
INDIA
DENIED THE RIGHT TO PRODUCE AFFORDABLE MEDS |
|
| |
 Leading
charity Oxfam has recently taken on the pharmaceutical
giant Novartis demanding that developing countries
are granted the right to produce affordable
medicines. Pharmaceuticals companies are however
concerned about the increase in generics medicines
for the export market and how this will impact
their future investment in R&D.
read
more |
|
| |
|
|
| |
CLEVER
BUSINESS HABITS GUIDE |
|
| |
 Given
that up to 30 per cent of small businesses
fail after their first year in business, getting
the essentials right and listening to sound
advice is crucial. With this in mind, Alliance
& Leicester has launched the 'Clever Business
Habits Guide', to help businesses in their
quest for success.
read
more |
|
| |
|
|
| |
BUSINESS
BANKING MARKET CROWDED WITH CONFUSION |
|
| |
 A
new report commissioned by Alliance &
Leicester Commercial Bank has found that businesses
are being put off switching banks because
it takes three days’ work to wade through
the complicated myriad of fees and tariff
structures. The report has also found that
the complex and non-transparent market prevents
businesses saving up to £41,000 a year
each.
read
more |
|
| |
|
|
| |
ASIAN
WOMEN IN CREATIVE INDUSTRIES |
|
| |
 The
Dynamic Asian Women's Network (DAWN) will
be holding its latest creative event on 24
October 2006 with a panel of guest speakers
including dance choreographer Honey Kalaria,
Sumerah Ahmad, founder of a 'Club Asia' radio
and Lopa Patel, founder of South Asian Lifestyle
portal Redhotcurry.com.
read
more |
|
| |
|
|
| |
MORE
WOMEN SET UP THEIR DREAM BUSINESS |
|
| |
 Women
across the UK are setting up more businesses
than last year with 38,100 businesses started
in the first six months of this year, up 9%
on the same period last year (34,600), according
to research from Barclays. In some areas,
the growth in start ups by women overtook
those of men.
read
more |
|
| |
|
|
| |
TATA
STEEL ACQUIRES CORUS |
|
| |
 The
boards of Tata Steel and Corus today announced
their agreement on the terms of the acquisition
of Corus at a price of 455 pence in cash for
each Corus Share, valuing the company at £4.3
billion. Tata Steel is India’s largest
private sector steel company with 2005/06
revenues of US$5.0 billion. This acquisition
will make it the world's fifth largest steelmaker.
read
more |
|
| |
|
|
| |
EMPLOYERS
NOT DOING ENOUGH FOR MIGRANT WORKERS |
|
| |
 New
research has revealed the risks faced by migrant
workers in the UK and has suggested that employers
are not doing enough to ensure that these
workers have the correct skills. The report
found that migrant workers may be experiencing
higher levels of workplace accidents because
they are more likely to work long hours, to
work shifts and to have limited understanding
of health and safety.
read
more |
|
| |
|
|
| |
IMPERIAL
COLLEGE TO LAUNCH RAJIV GANDHI CENTRE |
|
| |
 Meeting
today in advance of the India-UK investment
summit, the Rector of Imperial College London,
Sir Richard Sykes, and Mr. R Seshasayee, President
of the Confederation of Indian Industry (CII)
have signed a Memorandum of Understanding,
linking their two organisations.
read
more |
|
| |
|
|
| |
DRIVE
TO IMPROVE EMPLOYERS' ATTITUDE TO ILLNESS |
|
| |
 A
new initiative encouraging employers to improve
the way they deal with mental health in the
workplace was launched by Health Minister
Rosie Winterton. The three year initiative,
called 'Action on Stigma', urges employers
to change their employment practices to ensure
that people with mental health problems are
treated fairly and equally with others.
read
more |
|
| |
|
|
| |
AGE
DISCRIMINATION IN THE WORKPLACE OUTLAWED |
|
| |
 New
laws coming into effect today will protect
workers of all ages from discrimination in
the work place. The Age Discrimination regulations
give important new rights and responsibilities
to every employee and business in Britain.
Trade and Industry Secretary, Alistair Darling
said:"Discrimination against you just
because you're older has no place in a modern
society."
read
more |
|
| |
|
|
| |
DISPATCHES
UNVEILS INDIA'S DATA THEFT SCANDAL |
|
| |
 In
last night's edition of documentary programme
'Dispatches' (5 October 2006), Sue Turton,
senior reporter for Channel 4 News, investigated
the Indian call centre security failures which
allows personal financial details to be stolen
and illegally traded. In a 12-month undercover
investigation, Turton infiltrated criminal
networks which trade British consumers' bank
details and confidential information.
read
more |
|
| |
|
|
| |
BARCLAYS'
ASIAN APPOINTMENTS |
|
| |
 Barclays
have made three major Asian appointments in
the last month; Barclays Global Retail and
Commercial Banking has appointed Ahmed Khizer
Khan as Chief Executive New Markets and Vinit
Chandra as Product Director, Treasury and
Investments. Barclays Wealth Management has
appointment Bobby Kapur as a Director in its
NRI division.
read
more |
|
| |
|
|
| |
SHITAL
ADATIA JOINS A&L'S BUSINESS BANKING TEAM |
|
| |
 Alliance
& Leicester Commercial Bank's East Midlands
Business Centre today announced the appointment
of Commercial Property Finance specialist,
Shital Adatia to its Business Banking team.
Shital started his career with Nat West in
1996. Over the last ten years he has managed
an extensive portfolio of businesses, helping
hundreds of local businesses develop.
read
more |
|
| |
|
|
| |
PARLIAMENT
BACKS KARIM'S EU-INDIA FREE TRADE AGREEMENT |
|
| |
 The
European Parliament has overwhelmingly approved
a report by Sajjad Karim MEP, Liberal Democrat
International Trade Spokesman, on EU-India
trade and economic relations. The report calls
on the EU and India to demonstrate the political
will to build an effective partnership and
the EU to enter into a Free Trade Agreement
(FTA), with India.
read
more |
|
| |
|
|
| |
ASIAN
WOMEN PAY A HIGH PENALTY IN THE UK WORKPLACE |
|
| |
 Pakistani
and Bangladeshi girls are ambitious and forging
ahead at school – but they're likely
to pay a high penalty in the workplace claims
the The Equal Opportunities Commission (EOC).
The report paints a worrying picture of poor
prospects for young Asian women who face higher
unemployment, a lower glass ceiling and lower
pay. Most also work in a restricted range
of sectors and jobs.
read
more |
|
| |
|
|
| |
ASIAN
BUSINESS GROWTH RATE 3X THAT OF UK ECONOMY
|
|
| |
 The
ability of Asian entrepreneurs to adapt to
new business opportunities has seen the sector’s
wealth grow at three times the rate of that
produced by the UK economy. A new study reveals
that real Asian wealth increased by 69% compared
to the overall UK GDP growth figure of 22.8%
with a shift by business owners towards higher
value industrial sectors such as pharmaceuticals,
IT and media.
read
more |
|
| |
|
|
| |
SMALL
INCREASE IN NUMBER OF NEW SME BUSINESSES |
|
| |
 The
Small Business Service (SBS) today published
Small and Medium-sized Enterprise (SME) Statistics
for the UK 2005. There were an estimated 4.3
million business enterprises in the UK at
the start of 2005, an increase of 59,000 (1.4%)
on the start of 2004, but 72.8% of SME's have
no employees.
read
more |
|
| |
|
|
| |
'TOP
10' EXCUSES FOR NOT PAYING MINIMUM WAGE |
|
| |
 HM
Revenue & Customs (HMRC) has published
a list of the more unusual excuses given by
employers for failing to pay the National
Minimum Wage to their employees. The list
proves that sexism, racism, ageism and ignorance
account for the majority of excuses but there
are a few new ones too!
read
more |
|
| |
|
|
| |
BUSINESS
CONFIDENCE AT HIGHEST LEVEL SINCE 1997
|
|
| |
A
significant upturn in sales and orders in
the first half of the year has boosted UK
firms’ optimism for future profitability
to its highest level in nine years, according
to the ‘Business in Britain’ report
from Lloyds TSB Corporate Markets. The biannual
survey of over 2,200 UK companies shows that
24 per cent more firms saw sales rise rather
than fall since January – a dramatic
jump from just 8% six months ago.
read
more |
|
| |
|
|
| |
A&L's
BUSINESS BANKING A BIG SUCCESS |
|
| |
 Figures
released by Alliance & Leicester plc show
that the number of businesses choosing to
bank with it has increased considerably year
on year. 12,800 new business bank accounts
have been opened, an increase of over 20%
compared to the first half of 2005. The bank’s
share of the business bank account market
has more than doubled since 2002 from 1.8%to
3.7% for the first six months of 2006.
read
more |
|
| |
|
|
| |
UK
SMALL BUSINESS OWNERS SPEND 60% LONGER AT
WORK |
|
| |
 Owners
of small and medium businesses in the UK work
24 hours longer each week than the rest of
the UK workforce according to research carried
out by Barclays. UK entrepreneurs spent an
average of 61.1 hours working each week in
2005, significantly ahead of the UK average
working week of 37.4 hours.
read
more |
|
| |
|
|
| |
QUARTER
MORE BUSINESSES SET UP BY UK ENTREPRENEURS |
|
| |
 Barclays
today unveiled new figures showing a substantial
rise in the number of budding entrepreneurs
opening their doors for the first time. Estimates
show that 110,300 new businesses started up
in the first quarter of 2006, almost one-quarter
more than in the same period last year (88,800).
read
more |
|
| |
|
|
| |
UK
ENGAGES INDIAN BUSINESS LEADERS ON CLIMATE
CHANGE |
|
| |
 On
26th June 2006, Barry Gardiner MP, Minister
for the Environment and The Confederation
of Indian Industry (CII) hosted a meeting
on climate change to discuss the role played
by the world's fastest growing economy in
driving forward the low-carbon economy of
the future.
read
more |
|
| |
|
|
| |
WHERE
IS THE UK'S CAPITAL OF ENTERPRISE? |
|
| |
 The
West Kilbride Craft & Design Town, the
Borough of Knowsley and the Kent Science Park
are just some of the places announced today
as exemplifying the UK's enterprise spirit,
with the publication of the regional winners
of the DTI's Enterprising Britain 2006 competition.
The competition is a part of the Government's
drive to increase entrepreneurship and identifies
areas of enterprise excellence.
read
more |
|
| |
|
|
| |
SERENDIB06:
TSUNAMI FAMILIES REBUILD TRADE LINKS |
|
| |
 Members
of six Sri Lankan families whose lives were
disrupted by the 2004 tsunami will be in Britain
next week to develop new trading links. They
are among 70 businesses exhibiting at Serendib,
a three-day showcase hosted by the Government
of Sri Lanka. Apart from displaying their
wares, the visitors will be holding talks
with importers and potential partners.
read
more |
|
| |
|
|
| |
INDIAN
BUSINESS AWARDS, CLOSING DATE 30 JUNE 2006 |
|
| |
 Key
figures from the Indian business world gathered
at the London Stock Exchange this morning
to encourage eligible UK and Indian businesses
to enter the UK Trade & Investment India
Business Awards announced by Prime Minister
Tony Blair in India last September. The awards
are the first created by Government to specifically
recognise India's global business influence
and success.
read
more |
|
| |
|
|
| |
CSM
LAUNCHES ‘WHO’S WHO IN CSR IN INDIA’ |
|
| |
 The
Centre for Social Markets (CSM), an India
and UK-based non-profit group, launched the
second edition of its flagship publication
‘Who’s Who in CSR in India: A Resource
Guide 2006’. A practical guide to the
key players and institutions in the emerging
field of corporate social responsibility (CSR)
in India, the book was launched by Mr Saurabh
Srivastava, formerly Chairman Xansa India
Ltd.
read
more |
|
| |
|
|
| |
'BLACK
FACES IN HIGH PLACES' NEEDED SAYS PATH |
|
| |
 Path
West Midlands, a leading provider of Positive
Action traineeships for Black and Minority
Ethnic (BME) individuals, will be meeting
employers from the West Midlands region to
discuss the under representation of BME individuals
in supervisory, technical and management levels
of organisations.
read
more |
|
| |
|
|
| |
ASIAN
BUSINESS AWARDS 2006 |
|
| |
Winners of the Asian Business Awards 2006
included 'Newcomer of the Year' won by Avnish
Goyal of Hallmark Healthcare, 'Entrepreneur
of the Year' Award won by Rita Sharma of BestatTravel.co.uk,
'ACAS Award' won by Euro Car Parts, 'Community
Award' given to Lord Paul of Caparo and the
most coveted award, 'Business of the Year'
went to Mike Jatania of Lornamead.
read
more |
|
| |
|
|
| |
REDHOTCURRY.COM
LAUNCHES ONLINE BUSINESS DIRECTORY |
|
| |
Redhotcurry.com
has launched a new online Business Directory
to help British businesses reach wealthy Asian
Consumers and Asian Businesses to contact
other Asian Businesses. Borne out of feedback
from its 40,000 strong user base, the RedHot
Business Directory is an integral part of
the site.
read
more |
|
| |
|
|
| |
WORKPLACE
ATTITUDES AGAINST THE HIJAB |
|
| |
 The
EOC and the TUC are jointly calling for renewed
urgency to deal with the persistent inequality
facing Asian women in the workplace. Early
findings from the EOC's "Moving on Up?"
investigation into ethnic minority women's
employment demonstrate significant differences
in the pay, progression and employment status
for women.
read
more |
|
| |
|
|
| |
27
UK COMPANIES BACK LONDON'S DIVERSITY CHALLENGE
|
|
| |
 London
Mayor Ken Livingstone's 'Diversity Works for
London' programme has secured the backing
of twenty-seven leading UK companies, including
Coca-Cola, Pearsons and KPMG. The announcement
is milestone in the programme which will provide
£10m of measures to London-based businesses
to help them benefit from having a diverse
workforce.
read
more |
|
| |
|
|
| |
BARCLAYS
LAUNCHES TRADING PLACES AWARDS |
|
| |
 People
who have triumphed against the odds to set
up a small business are to be recognised in
a unique awards scheme launched on 27 March
2006. The Barclays Trading Places Awards –
now in their second year – aim to recognise
men and women triumphed over adversity in
setting up in business.
read
more |
|
| |
|
|
| |
RISE
IN WOMEN IN WORK & GENDER PAY GAP NARROWS |
|
| |
 Women's
employment has increased from a rate of 56
per cent in 1971 to 70 per cent in 2005. This
equates to 4 million more women in work over
the last 35 or so years. Some of this increase
has been driven by the rise in working mothers.
These are among the figures highlighted in
Labour Market Review 2006.
read
more |
|
| |
|
|
| |
FIRST
ENTERPRISE CAPITAL FUNDS GO LIVE |
|
| |
 Trade
and Industry Secretary Alan Johnson announced
the first two Enterprise Capital Funds created
under a multi-million pound government scheme
to boost innovation, jobs and growth for small
and medium-sized businesses (SMEs) in the
UK. Enterprise Capital Funds help bridge the
equity gap faced by SMEs.
read
more |
|
| |
|
|
| |
GOVERMENT
TO STREAMLINE BUSINESS SUPPORT |
|
| |
 The
Department of Trade and Industry is spearheading
a government-wide initiative to streamline
business support at a local, regional and
national level to reduce the number of schemes
from more than 3,000 to just 100 by 2010.
The work will be done in partnership with
the RDAs and government departments.
read
more |
|
| |
|
|
| |
BUDGET
FOCUSES ON INVESTING IN BRITAIN'S FUTURE |
|
| |
 The
Government's economic objective is to build
a strong economy and a fair society, stated
Chancellor Gordon Brown in his Budget Day
speech. Among the initiatives announced were:
reducing administrative burdens for business,
changes to Venture Capital Schemes, the launch
of Enterprise Capital Funds, Real Estate Investment
Trusts & film tax incentives.
read
more |
|
| |
|
|
| |
BARCLAYS
INVESTS $150M IN EXPANSION IN INDIA |
|
| |
 Barclays
has invested US$150 million over the past
month, doubling its commitment to US$300 million,
to its Indian operations to support the growth
of the investment banking business and develop
its commercial & corporate banking service
in the country. The bank will expand its network
and strengthen its team in India.
read
more |
|
| |
|
|
| |
INTERNATIONAL
BUSINESS ADVISORY COUNCIL FOR THE UK |
|
| |
 Gordon
Brown, announced that he has established a
new International Business Advisory Council
for the UK comprising some of the world's
leading business people including Indian Ratan
Tata. The Council will advise over the next
three years on how to respond to the challenges
and opportunities of globalisation.
read
more |
|
| |
|
|
| |
'ASK
THE EXPERT' SESSIONS WITH DAME ANITA RODDICK |
|
| |
 Dame
Anita Roddick today announced a series of
one-to-one ‘Ask an Expert’ sessions
to take place in the British Library’s
newly launched Business & IP Centre from
25 April 2006 onwards. Dame Anita’s six-month
programme of advice sessions aim to inspire
budding entrepreneurs to pursue their ideas.
read
more |
|
| |
|
|
| |
INTERNATIONAL
NETWORK FOR ASIAN BUSINESS LAUNCHED |
|
| |
 A
new group called the International Network
for Asian Business (INAB) was launched in
London last night with a panel discussion
on whether the second generation of Asian
entrepreneurs will have as much impact on
the UK economy as the first. The evening was
hosted by Anuj Chande, Partner at Grant Thornton.
read
more |
|
| |
|
|
| |
ENDING
AGE DISCRIMINATION IN THE WORKPLACE |
|
| |
The
final measures to outlaw age discrimination
in the workplace were published by Trade and
Industry Secretary Alan Johnson today. Age
discrimination is the most frequently cited
form of discrimination by employees. The regulations
will provide important new rights for every
employee in Britain.
read
more |
|
| |
|
|
| |
RADICAL
PROGRAMME TO END PAY UNFAIRNESS |
|
| |
 Wide-ranging
action to tackle the culture in schools and
workplaces that create job segregation and
leave woman lagging behind men in the pay
stakes is proposed in a report published today.
Schemes to give girls a better understanding
of the pay and prospects in the careers they
choose are among the recommendations.
read
more |
|
| |
|
|
| |
MITTAL'S
STEEL BID SPURNED BY RACISM? |
|
| |
Lakshmi Mittal initial $22 billion bid for Arcelor Steel of Luxembourg
has been spurned and Mr Mittal firmly believes that racism has had
a part to play. He's even called upon Indian Prime Minister Manmohan
Singh to intervene.
read more |
|
| |
|
|
| |
ARE
YOU A £APITAL WOMAN? |
|
| |
Women
in the capital earn only 75 percent of the
salaries of their male counterparts. Despite
having the most dynamic and productive economy
in the UK, women’s position in London
is far worse than that of women in the rest
of the Britain. Capitalwoman, will discuss
findings from the report.
read
more |
|
| |
|
|
| |
ENTERPRISING
BRITAIN 2006 |
|
| |
The
search is on to find the UK place that exemplifies
the enterprise spirit, with the launch of
the DTI's Enterprising Britain 2006 competition.
The competition identifies areas of enterprise
excellence: those places that have created
jobs, brought communities together, and made
a real difference to local businesses and
people.
read
more |
|
| |
|
|
| |
WOMEN
NEED BETTER CAREERS ADVICE |
|
| |
 Research
for the Mayor of London has found that young
women in London are being let down by the
careers advice they are receiving. This often
means that women have not studied the subjects,
which make them eligible to be even considered
for a wide range of jobs. By 2016, 558,000
new jobs will be created in London.
read
more |
|
| |
|
|
| |
ASIAN
BUSINESS NETWORKS - ARE THEY ANY GOOD? |
|
| |
 'Young,
unattached start-up seeks like-minded spirit
for mutually profitable relationship'.
Does this sound a like your business approach?
If so, you'll undoubtedly have been networking.
The mantra for the masses, networking has
now replaced other methods as the principal
source for new customers and business contacts.
read
more |
|
| |
|
|
| |
THE
SECRETS OF A SERIAL NETWORKER |
|
| |
 How
do you become a good networker? Is it an art
you have to be born with, or a skill you can
acquire and hone? Serial networkers - the
ones we seem to bump into at all sorts of
events - can certainly teach us a thing or
two. They seem to possess that technique for
making us feel included in their world.
read
more |
|
News
| Business
| Films
|
Galleries
| Music
| Theatre
News |
Business |
Money |
Property
| Views
