Author: Biz India

New Jersey has fourth-highest debt-$282 billion- among U.S. states, with California owing the most: $617 billion

Total owed by 50 states: $4.19 trillion, in addition to $16 trillion (and growing) U.S. national debt By Jared Kaltwasser, NJ Biz The 50 states are more than $4 trillion in debt, according to a new report, and New Jersey is among the worst offenders. State Budget Solutions, a self-described nonpartisan nonprofit based in Virginia, calculated the debt of all 50 states and found a total of $4.19 trillion in red ink. California is the most indebted state — by far — but New Jersey ranks fourth, behind New York and Texas. Bob Williams, president of State Budget Solutions,...

Read More

Jindal expresses dissatisfaction to Obama over limited Federal aid for tropical storm Isaac

By Jagran Post Washington: Indian-American Louisiana Governor Bobby Jindal has asked US President Barack Obama to provide more aid to his State as he prepares for contingencies for the tropical storm Isaac which is expected to hit Louisiana in the form of a hurricane on Tuesday evening. Jindal, who has cancelled his trip to Tampa to address the Republican National Convention so that he can focus on the preparedness of the major storm that is likely to hit he State, sought off a letter to Obama expressing dissatisfaction over what he termed as “limited” federal aid. While Jindal is...

Read More

Book Review: The Intention Economy

Author: Doc Searls Publisher: Harvard Business Review Press Book Review by:  Sonu Chandiram This is a pioneering book in the world of business. It is a book wherein the author Doc Searls – described by New York Thomas columnist Thomas L. Friedman as “one of the most respected technology writers in America” – presents the may new ways in which customers have begun to control what information they give to and receive from companies and are transforming the relationship between the two entities. This is a book about customers taking charge, and vendors losing power over them. Marketers have...

Read More

Book Review: Innovation – Create Far from Home and Win Everywhere

Authors: Vijay Govindarajan and Chris Timble Publisher: Harvard Business Review Press Book Review by:  Sonu Chandiram This 229-page book on ‘reverse innovation’ in business a new term you will learn about and what it means, is itself an innovative work by its two authors because it recognizes, as few books do, that the United States is no longer a pioneer – as it once was – in creating new products and services that makes life easier for billions of people worldwide. Other countries such as China and India have taken the lead in innovation. Chinese firms now design numerous...

Read More

Book Review: The Hidden Wealth of Customers

Author: Bill Lee Publisher: Harvard Business Review Press Book Review by:  Sonu Chandiram This book helps company owners and executives in large- and medium-sized firms responsible for revenue and profit growth to focus on customers and ingrain into themselves that their basic mission should be to satisfy and retain them. More than just satisfying them, but “wowing” them by providing products and services that exceed their customers’ expectations. Imagine that you are a customer who recently changed the supplier of basic products – let us say gas and electricity, for example, because their cost was 20 percent lower overall...

Read More