Global Industry Classification Systems

"This is how standards help. Being a student I always wondered what are the total types of Industries/Sectors. What can be the type of Industries and inside them what would be the major sectors. Though the following classification are used by people in the FINANCE domain, at the same time it can be used by common people to know at least what are the main Industry heads around the world"

http://tinyurl.com/bt75d3

The Global Industry Classification Standard (GICS) is used as a basis for S&P and MSCI financial market indexes in which each company is assigned to a sub-industry, and to a corresponding industry, industry group and sector, according to the definition of its principal business activity. It was developed by Morgan Stanley Capital International (MSCI), and Standard & Poor's (S&P) in response to the global financial community’s need for accurate, complete, and standard-industry definitions. The GICS structure consists of 10 sectors, 24 industry groups, 68 industries and 154 sub-industries. The system is similar to ICB (Industry Classification Benchmark), a classification structure maintained by Dow Jones Indexes and FTSE Group.

Links :

- Wiki

- MSCI-Barra GICS Tables. Retrieved on 2007-04-06.

- MSCIBARRA

The Industry Classification Benchmark (ICB) is a company classification system developed by Dow Jones and FTSE. It is used to segregate markets into sectors within the macroeconomy. The ICB uses a system of 10 industries, partitioned into 18 supersectors, which are further divided into 39 sectors, which then contain 104 subsectors.

The principal aim of the ICB is to categorize individual companies into subsectors based primarily on a company's "source of revenue or where it constitutes the majority of revenue." If a company is equally divided amongst several distinct subsectors, authorities from the Dow Jones and FTSE may be summoned to make a final judgement. Firms may appeal their classification at any time.

The ICB is used globally (though not universally) to divide the market into increasingly specific categories, allowing investors to compare industry trends between well-defined subsectors. The ICB replaced the legacy FTSE and Dow Jones classification systems on 3 January, 2006, and is used today by the NASDAQ, NYSE and several other markets around the globe.

Links :

- Wiki

- Home

- Webhelp

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INDIA

http://tinyurl.com/IndiaInc

Incidentally today is a Monday when I used to cover different brands of India and today is also Republic day of India. So it is all the most perfect time to cover the brand named INDIA or INDIA INC.

Who is India:

India, officially the Republic of India (Bharat in Hindi), is a country in South Asia. India is the seventh-largest country by geographical area,India is the second-most populous country, and India is the largest democracy in the world. India is bounded by the Indian Ocean on the south, the Arabian Sea on the west, and the Bay of Bengal on the east, India has a coastline of 7,517 kilometers (4,671 mi). India is bordered by Pakistan to the west;China, Nepal, and Bhutan to the north-east; and Bangladesh and Myanmar to the east. India is in the vicinity of Sri Lanka, the Maldives, and Indonesia in the Indian Ocean.

India is a republic consisting of 28 states and seven union territories with a parliamentary system of democracy. India has the world's twelfth largest economy at market exchange rates and the fourth largest in purchasing power. Economic reforms since 1991 in India have transformed India into one of the fastest growing economies; however, India still suffers from high levels of poverty, illiteracy, and malnutrition "and I would add CORRUPTION". A pluralistic, multilingual, and multiethnic society, India is also home to a diversity of wildlife in a variety of protected habitats.

India: Motto:
"Satyameva Jayate" (Sanskrit)
Truth Alone Triumphs"(English)

India: Anthem:
Jana Gana Mana (Hindi)
Thou art the ruler of the minds of all people

India: National Song :
Vande Mataram (Hindi)
I bow to thee, Mother

What is Brand India:

Brand India is a phrase used to describe the campaign India is using to attract business. Basically the campaign is to project the attractiveness of India as an emerging destination for business in the fields of service sector, manufacturing, information technology, infrastructure, information technology enabled services, etc. The campaign uses both India as huge market for products and services as well as a lucrative destination for investment. The federal government is spearheading the campaign with considerable cooperation from the domestic business body Confederation of Indian Industry (CII) and the more informal India Inc abroad.

Amongst the leading organizations working on building Brand India is India Brand Equity Foundation (IBEF), a public-private partnership between the Ministry of Commerce and Industry, Government of India, and the Confederation of Indian Industry. It aims to effectively present the India business perspective and leverage business partnerships in a globalising market-place.Its website (ibef.org) is a resource centre for global investors, international policy-makers and world media seeking updated, accurate and comprehensive information on the Indian economy, states and sectors. IBEF regularly tracks government announcements in policy, foreign investment, macroeconomic indicators and business trends.

India Inc. is a common term used by the Indian media to refer to the corporate sector of the nation.

links:
- Official Website
- List of All Indian Govt Dept Sites
- Image India - A cool project from GOI
- Indian Brand Equity Forum
- Incredible India
- Maps
- India
- Tourism
- Brand India
- Ibef Brand India
- What is Brand Inida - Wiki
- Wiki
- Misc
- Hindu Article


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Indian Currency A Retrospect

The trace of paper notes goes back to the issues by the Presidency Banks to the late 18th Century.

The Presidency banks were :
Bank of Bengal,
Bank of Bombay
Bank of Madras


The monopoly of these banks to print notes came to an end when The Paper Currency Act of 1861 conferred upon Government of India.

After that Government of India kept on printing note till RBI was formed. Reserve Bank of India was established on 1 April,1935.

Verbatim:

"The motifs appearing on Indian currency notes reflect the changing socio-cultural ethos and the world-view of the times: buccaneering mercantilism, colonial consolidation, domineering imperialism, the grandeur of empire, to the symbols of National Independence followed up by allegories of progress and finally in the latest series, reminiscing Gandhian values."

"The Government of India has the sole right to mint coins. The responsibility for coinage vests with the Government of India in terms of the Coinage Act, 1906 as amended from time to time. The designing and minting of coins in various denominations is also the responsibility of the Government of India. Coins are minted at the four India Government Mints at Mumbai, Alipore(Kolkata), Saifabad(Hyderabad), Cherlapally (Hyderabad) and NOIDA (UP)"

source : RBI , Coins

http://tinyurl.com/IndianCurrency
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