Outsourcing News

SMS GupShup, a social SMS service that allows users communicate and connect with family, friends and fans using mobile handsets, has raised $12 million in Series D venture financing round. This latest funding round is led by by Globespan Capital Partners with existing investors Charles River Ventures and Helion Venture Partners participating in the round. With this new financing round, the total funding of SMS GupShup comes to $37 million. According to the company, the new funding will be used to expand into other markets such as the Philippines and Indonesia, for product development and to hire new staff in engineering, advertising and marketing. Webaroo Technology is the parent company of SMS GupShup, and is founded by Rakesh Mathur and Beerud Sheth.

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Indian founded SMS GupShup raises $12 Million

If you are reading this article, then you are likely curious about the process, features, and benefits of the procedure BHRT This is a rather simple production, that is professionally known as Bio-Identical Hormone Replacement Therapy While this might be a very new procedure, it is still making a lot of noise in the medical community for its high success rates…

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What You Ought to Know Concerning BHRT

Medical billing software has become an office staple in many doctor and dentist offices nation wide. With the time saving and convenient application, your office is given the capability to run smoothly at high efficiency. This gives your staff the freedom to devote more of their time to the most important people to your practice, your patients. So, what should you expect from such an important investment? The medical billing software that you choose should be feature rich. From initial installation to delivering the capability for prompt insurance payments, the software you choose should meet all of your office needs. Your software should excel in it’s user friendly formatting by providing shortcuts, error detectors, and quick and easy input recovery.

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Medical Billing Software – A Consideration For Your Staff and Patients

Most small businesses are under protected and are at risk from natural disasters or human error or intentional misbehavior. Business continuity planning helps you to protect your businesses so, in the event of disaster; they can get up and running quickly. There are some important tips that involve in your business growth and will tell you that how you can keep your business growth and its performance up-to-date and steady. 1

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4 Tips-Business Continuity Planning Helps You To Protect Your Business!

Tax preparers will find the following section-by-section, line-by-line look at key tax law changes on the 2009 Form 1040 a great start to understanding how the rules have changed. (For a rundown of new rules and regulations that may impact your client’s 2009 returns, see the accompanying story, New Rulings Impact 2009 Form 1040.) Filing Status and Exemptions The changes on Form 1040 start at the top, with a revised definition of a qualifying child dependent [Code Sec. 152(c)]. The revised rules apply both for dependency exemption purposes as well as for purposes of qualifying for head of household filing status. In addition, a noncustodial parent claiming an exemption for a child can no longer attach pages from a divorce decree or separation agreement executed after 2008 to back up the claim

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Changes to 1040 for this year…2010 – 2009 form 1040

One of the biggest red flags I see in many Internet-related business plans today is advertising as the initial revenue stream, or a key part of it. If challenged, the founder usually cites the Facebook business model (free service to users, revenue from ads), but forgets that Facebook has had several hundred million in funding, and is still marginally profitable. First let’s clarify some terminology. Unless you live in this world every day, you are probably as confused as I was by the different advertising models, so let me outline the common ones: Pay per click (PPC). In this most popular model, advertisers pay each time a user clicks on an ad and is redirected to the advertiser website. Advertisers do not pay for each ad view, but only when the ad is clicked on. For advertisers, this is called cost per click (CPC). Pay per view (PPV, PPI or PPM).

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Online Advertising Won’t Fund Your Startup

Normal accounting procedures follow two methods of maintaining inventory:   Periodic inventory is when goods are accounted for when payment is made. The inventory is updated, usually at the month end, when changes in value are determined.  Perpetual inventory is an on-going system where goods are accounted for on arrival or when taken from inventory. This method is adopted generally when large inventories are maintained under the control of a computerized system.  Cirimelli, Pyle and Associates, LLP is a Campbell, Ca. based firm of CPAs. It advises if clients about the most suitable accounting method to follow. This accounting firm also assists its clients in introducing or upgrading computerized accounting systems.

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Types on Inventories

Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). The challenge is finding and using a qualified and affordable support organization for each stage. Don’t waste your money on the wrong ones. Some entrepreneurs start polling venture capitalists for that multi-million dollar investment before they even have a business plan.

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Get the Right Support for Your Startup Now

ADHD is usually diagnosed by specialists who assess the child with forms, visually, and discussions with parents or teachers This is a slow, expensive process However, professional online assessments are now available that are fast, cheap and trustworthy…

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Doctors’ Free Online ADHD Tests – Almost 100% Accurate

ZEE Entertainment Enterprises Ltd (ZEEL) has approved the move to acquire a further 45 per cent stake in Taj TV Limited Mauritius, owners of Ten Sports. This will increase ZEE Network’s control in the popular sports channel to 95 per cent. Up until now, ZEE Network had a 50 per cent stake in the channel, which it had acquired from the Bukhatir Group for $114 million in 2007.

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ZEE Network ups stake in Ten Sports to 95%

Venture Capital investment in Indian companies slumped 43 per cent to $475 million (around Rs 2,200 cr) in 2009, but analysts hope that the fund raising would pick up in the coming months. Venture capital (VC) firms invested $475 million over 92 deals in India in 2009, the data compiled by research firm Venture Intelligence in association with Global -India Venture Capital Association showed. VC funds had invested USD 836 million across 153 deals in 2008. “Liquidity position of the limited partners is improving and this will bring back the pace of VC investment in 2010.

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Indian cos see $475 mn VC funding in 2009

Anil Ambani Group’s financial services firm Reliance Capital is considering divesting up to 20 per cent stake in its mutual fund arm, Reliance Asset Management Company, to an overseas strategic partner. Induction of global partner would help Reliance Asset Management Company to expand its reach and help improve product, technology and process, sources told. Reliance Capital holds 93.37 per cent in Reliance Asset Management Company, the largest mutual fund house with asset under management over 1.18 lakh crore. When contacted, Reliance Capital spokesperson said, “As a policy, we do not comment on speculations.” In 2007, Reliance Capital sold 5 per cent stake to global investor Eton Park for Rs 501 crore, at an equity valuation of Rs 10,000 crore.

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Reliance Capital to sell up to 20pc stake in mutual fund arm

Online services and tools have become the need of every one like now business owners prefer to use the online accounting services and some other services like invoices, taxes and some other. Online invoice system gave us the best and perfect idea to handle invoices easily and with the help of online system we can also increase our customer’s arena. If people are getting good and quality services from their company then they will prefer you all the ways. In this article I will tell you the 4 best online invoices application for your small business. Make 2010 the year you get your invoices online and done with less hassle by using Web-based technology

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Top 4 Online Invoicing Tools- Make 2010 Relaxed For Your Customers!

RAS & Associates, a management consulting firm, announced their 2010 plan which includes growing staff by over 100% in order to target new industries such as Oil & Gas, Financial Services, and Healthcare.

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Management consulting firm plans to double staff in 2010 (Consultant News)

BPO business in India has been expanding and has known no bounds as more and more companies are selecting India for their business needs. Among the clusters of BPO in market, it’s important for a company’s Key Opinion Leaders to decide on one ‘best’ call center which could easily handle their marketing challenges efficiently and with operational transparency. In this cut – throat competition and time congestive era, the keys to success lies in efficiency, quality and speed. Why India? The 12 hour of time hiatus, technical savvy and English proficient generation, swift government practices, more effective and better human resources, state- of- the- art infrastructure and operational efficacy make it a favorite outsourcing spot. Why Outsource? Outsourcing helps the management in cost cutting. The top management can focus their concentration on other different spheres of their organization like more competitive advantage, business development and core processes. Moreover, it’s beneficial and cost- effective method which assures high quality output to the clientele What to Outsource?

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Choosing the ‘Best One’ for your Call Center Needs

Are you a Quickbooks pro?  Probably not if you are not a CPA or a bookkeeper. That is why every business owner needs to think about outsourcing their bookkeeper needs or finding a virtual CPA to work with.  These people will be Quickbooks pros and they will be able to answer your Quickbooks questions, help you set up Quickbooks to work with your business well and to keep your Quickbooks books up to date and accurate. Being able to dabble with your Quickbooks is one thing.  Being able to manage the financial portion of your business in a book keeping system accurately and regularly is entirely another issue. If you are not going to take the time to become a Quickbooks Pro then find someone that is within your budget and offers outsourced bookkeeping services and have them help you build a bigger, stronger and better managed business

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Are You a QuickBooks Pro?

IDBI Bank is believed to have zeroed in on Kerala-based private sector lender Federal Bank for acquisition. IDBI Bank has also completed due diligence, an exercise undertaken by the acquirer to assess the value of the entity before purchasing it, a source close to the development said. When contacted, Federal Bank Managing Director & CEO M. Venugopal declined to comment on the matter. The acquisition, if it materialises, would enable IDBI to consolidate its position among State-run banks by strengthening key segments such as branch network, human resources and client acquisition, besides augmenting its deposit-base.

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IDBI Bank zeroes in on Federal Bank for acquisition

Puneet Dalmia, managing director of Dalmia Cement, has said the company is close to raising USD 100–200 million by diluting 10-15% stake in the company and is in talks with various foreign institutional investors (FIIs), reports CNBC-TV18. Additionally, he said, the company was also looking to offload stake in Dalmia Cement Ventures, a wholly-owned subsidiary, to about four-five private equity players. Gautam Dalmia, the joint managing director, said there were no listing plans for the subsidiary, for the next 12 to 18 months. On cement prices, he said the current volatility was expected and that prices have recovered from November lows and had bounced back 10%.

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Dalmia Cement close to raising $100-200m in equity

Every investor I know can tell you at least one story about a great startup team that failed, even though it was well-funded and staffed with qualified and smart people. The reason almost always given is that the team didn’t work well together (dysfunctional). What does that really mean?

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Dysfunctional Startup Teams Will Fail

In the current turbulent trading conditions, it’s no surprise that business intelligence tops enterprise IT wish list. However, in this post, I want to try to dig in to what that really means. On one side of the issue, the use of data and information, an excellent series of posts have already been written by my friend Peter Evans-Greenwood . So it’s the other side I want to look at, the way people use information to make decisions, and the tools and techniques that can be used. The single biggest issue this throws up is that one size does not in fact fit all, or, put a little more clearly, one tool will not deliver everything required across the roles and working practices of an enterprise’s employee base. Some time ago there were a series of classifications made, dividing up the behavior and working characteristics of different age groups. The result was to define four major groups : Traditionalists 64 yrs +; Boomers 45 to 63 yrs; Generation X 26 to 44 yrs and Millennials 18 to 25 yrs. The classifications used age as a broad basis to define attitudes to work, technology and many other issues, including communication styles, problem solving techniques and decision making. These are three major traits that business intelligence is designed to support

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What do we want from business intelligence?