Posts belonging to Category Financial Advisor



Meet the Next Chipotle: Bombay Bowl

– Chipotle gained success by serving up Mexican food assembly-line style, and a new crop of Indian restaurants is now following that model. The New York Times takes a look at the growing niche, focusing in particular on Bombay Bowl in Denver, where the employee T-shirts promise “Simple Food. Endless Choices,” and the sleeves wrapped around the Indian flatbread cheekily state, “All for me and naan for you.” Customers can follow a step-by-step menu to create their meal, and employees will guide them to build a bowl, a plate, a salad, or a roti roll by choosing a protein, a sauce, a chutney, and of course, a level of spiciness. Another restaurant suggests adding a steamed dumpling to create a “value meal.”

“We realize that some of this food can be intimidating to non-Indian consumers,” says the proprietor of a similar restaurant in Massachusetts. “

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Balaji Amines registers 24% growth in exports in Q3 2012

Balaji Amines Limited (BAL) (BSE: BALAJIAM : 530999, NSE: BALAMINES) exports registered a 24.42% growth Rs. 76.01 Crores in third quarter 2012 despite global economic slowdown.

The company has gained a turnover of Rs 112.60crin the Q3 2012, increase of 16% over the last year corresponding period.

“We are extremely happy with the results. More so because of the significant increase in our export earnings in the face of uncertain global conditions. W

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Protesters Occupy Davos —in Igloos

– The Occupy movement has hit Davos ahead of the World Economic Forum, and this time protesters aren’t pitching mere tents in the frigid weather. Instead, they’re building an igloo village near where the WEF is set to convene, the New York Times reports. The igloos are half as big as a small car and hold two people each; about 50 Occupiers are expected to show.

“Every year, self-proclaimed ‘global leaders’ allegedly committed to improving the state of the world meet up for the World Economic Forum in the Swiss mountains to propagate their own businesses and network amongst the so-called global economic elite,” the group says on its website. “This year, we will not let them exclude us, the 99%! We say: occupy WEF!”

Nifty hits 5100 tracking global cues

MUMBAI (Commodity Online): Indian stock markets ended the day positive tracking global cues. Nifty touched the high of 5099 but ended off day ‘s high. IT stocks Lead the upside rally followed by capital goods and realty stocks.

Market is rising slowly ahead of events at this weekend. Euro zone officials will come up with a package of reforms at Friday’s EU Summit in Brussels to control the region’s credit crisis.

The S&P CNX today gave gave flat open at 5050 but managed to pick up pace shortly after wards before retreating slightly in late morning trade and settled at 5063 up by 24 points. In intraday movement Nifty touched the high of 5099 after making low of 5032.

The European markets are trading strong.

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Number of Tax-Free Firms Explodes

– Just when you thought we could use more tax revenue comes word that a skyrocketing number of American companies are paying no taxes. That’s zip, zero, zilch in federal income tax, including some publicly traded companies. The percentage of companies organized as tax-free operations has zoomed from about 24% in 1986 to close to 69% as of 2008, according to IRS data. As many as 60% of companies earning more than $1 million may be paying no tax—the highest in the developed world, reports the Wall Street Journal. So it’s no surprise that federal corporate tax collections have plunged from 6.1% of GDP in 1952 to just 1.3% in 2010.

More and more companies are organizing themselves as pass-throughs, which means the firms pass along profits to investors, who pay taxes on that money through their individual returns. Mil

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Senesex ends off day’s high gain 72 points

Indian equity markets opened flat amid positive global cues. Indices soon rallied led by IT, Metal and Financial stocks. Sensex raced toward 17000 mark in opening session back of short covering in heavy weight stocks.Indices remained range bound rest of the day. Strong European cues helped indices to sustain gain. However, selling pressure witnessed in closing session led by Pharma stocks.On macro economic front Government suspended policy on FDI in retail till consensus evolve. Retail stocks witnessed mixed reaction on parliament move which already price in.Market breadth remained marginally positive. Broader markets remained in green with muted gains. Midcap and Smallcap indices closed with marginal gain while benchmark indices closed off the day’s high.BSE Sensex closed at 16877.06 with the gain of 71.73 points and at NSE Nifty closed at 5062.60 with the gain of 23.45 points at the end of the day. Read more…

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