Wrong Number: Telecom Tricks The telecommunications industry had its own bizarre take on revenue recognition during the boom. From 1997 to 2000‚ Global Crossing took on over $7 billion of debt to lay 1.7 million miles of fiber-optic cable to transport data via the Internet. When completed in summer 2001‚ the network spanned 27 countries and 200 major cities around the globe. The company’s debt load didn’t seem to faze investors—Global Crossing’s market capitalization reached $40 billion in 1999
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The overall global gloom has even taken over the fashion industry. It seems likely that the economic depression has so strongly been inflicted upon the clothing industry. This outcome was quite inevitable‚ with everything around going down the falls. The Italian industry has been the strongest among all others and even that failed in the eye of the global recession. It has asked for the government’s assistance which will help the industry to pull through these dire circumstances. It seems the fashion
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ELECTRONICS INDUSTRY IN INDIA INTRODUCTION Electronics is one of the fastest growing segments of the Indian industry. Today‚ the electronics industry is completely delicensed with the exception of aerospace and defence electronics. The electronic industry in India constitutes less than 1% of the global market. The demand for these products however is growing rapidly and the investments are flowing in to augment the manufacturing capacity. HISTORY Among manufacturing industries‚ the electronics
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Recession One of the most commonly used term nowadays is “recession”. We read about it in newspapers an year ago‚ then heard about it in television 3-4 months back and now we are getting a feel of what exactly it is. Recession is not a new phenomenon‚ it last happened in America during 2002-2003 and many times before that also. But what makes this recession so fearsome is its magnitude and the countries which are being affected by it. What started out as a bursting of housing bubble soon crippled
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The hotel industry in India is going through an interesting phase. One of the major reasons for the increase in demand for hotel rooms in the country is the boom in the overall Economy and high growth in sectors like information technology‚ telecom‚ retail and real estate. Rising stock market and new business opportunities are also attracting hordes of foreign investors and international corporate travellers to look for business opportunities in the country. Hotel industry is also inextricably
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The world recession of 2008 to 2009 was caused ultimately by global imbalances in trade and capital flows‚ globalization of financial markets‚ the trend towards a new finance-led capitalism and the related pattern of income distribution. The effects of the recession on Africa were tremendous and are still being felt today. Africa is homeland to numerous natural resources. Contrary to this‚ it is one of poorest regions in the world constituting almost 10% of the world’s population and ravaged by high
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The Global Car Industry Facing Recession and a Credit Crisis Case study Reference no 309-032-1 This case was written by Nick S Potter‚ Birmingham Business School‚ University of Birmingham. It is intended to be used as the basis for class discussion rather than to illustrate either effective or ineffective handling of a management situation. The case was compiled from published sources. © 2009‚ Birmingham Business School‚ University of Birmingham. No part of this publication may be copied
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ABSTRACT GLOBAL FINANCIAL CRISIS AND ITS IMPACT ON INDIA NAMES OF AUTHORS * Professor SWAPNILSONY.N. SINGH Assistant Professor‚ DAMS‚ G.S.College of Commerce‚ Wardha‚ Maharashtra. B.SC.‚ M.B.A. Phone No: 9881683767 e- mail: swapnilsony_flyingtigress@yahoo.com * Professor K.V.SOMANADH. Assistant Professor‚ G.S.College of Commerce & Management‚ Wardha‚ Maharashtra. M.Com. M.B.A... NET. M.Phil.‚ (Ph.D.) Mobile No: 807787321. e- mail: somrada_kolluru@yahoo
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Aviation Sector 6 Challenges Faced by Airline Industry 10 Future Trends 11 Opportunities 12 References 14 Introduction The Airlines is one among the inventions that had changed the way how people live and experience the world. In due course of time it has now become impossible to imagine business and leisure travel without air travel. The airline industry exists in an intensely competitive market. In recent years‚ there has been an industry shakedown‚ which is expected to the trend towards
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TITLE PAGE “A COMPARATIVE ANALYSIS ON THE COMPETITIVE STRATEGIES OF TELECOM INDUSTRY WITH A SPECIAL FOCUS TO AIRTEL” CONTENTS |CHAPTER |PARTICULARS |PAGE NO. | |1. |EXECUTIVE SUMMARY |7 | |2.
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