Simple Resignation Letter without Explanation

Manager Name, Position.
Company Name.


Dear Sir/Surname,
   I am writing to tender my resignation as "your designation (eg., sales associate)" for the "Company Name" effectively immediately(or future date).
Thank you for the opportunity to work for the organisation for the past (No of months/years).


Your Name.
Employee Id and other details

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Employer Wishes Letter to Employees in Difficult Times.

To: Employees of COMPANY NAME.
From: YOUR DETAILS, Position.


As this difficult year comes to a close, I want to take this opportunity to thank all of you for the dedication and hard work you have given to COMPANY NAME.


It has not been an easy year for our company, and I am sure all of you have experienced personal difficulties.  It is no secret that sales are down and were experiences our first operational loss in company history.


The good news is that we have all pulled together to find ways to reduce our costs without having to lay off employees.


I know you will all join with me in looking for ways to make our way through the coming year in expectation of a return to more normal financial conditions.
Please accept my best wishes for a healthy and Prosperous Christmas and New Year.

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Letter for Cancellation of Insurance Policy

Write a letter to the bank branch manager or the insurance company instructing to cancel the insurance policy.


Name of the Account Manager,
Account Manager/ Designation / Relationship Manager.
Insurance Company Name.
City, State. 


In regard to account (account no#).


Please cancel our health insurance coverage for the above account effectively (date). Please refund any unearned premiums in the account.


Although we have been generally pleased with the coverage and customer care we have received on both personal and business policies, we find the most recent round of price increase is unacceptable.


We have decided to enroll with another health carrier.


Thank you,
YOUR NAME,
Furnish other details.

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Recent M&A and FDI’s World-Wide List of 2011-2012.

Here in this page you can find a regular update starting from now, the major recent Mergers & Acquisition(M&A) or Foreign Direct Investment(FDI) by the companies for different reasons(Entry, Exit, Expansion, Employment Creation, Innovation(R&D Investment), etc., 

Recent Investments proposed/done by companies in 2011 and 2012: 

Japan based automotive company Honda has announced plans to set up a new manufacturing plant in state of Guanajuato, Mexico where it will invest $800m into the plant for a additional production capacity of 2lakh vehicles where the operations will begin in 2014.

Michigan based Chrysler Group plans to invest atleast $365m to expand and improve its assembly complex in Toledo, Ohio for further production of Jeep Liberty and Dodge Nitro SUV’s by 2013.

Ireland based heathcare products manufacturer Covidien has invested $45m to setup a new manufacturing plant in San Isidro Industrial Park, Dominican Republic where manufacturing of instruments for minimally invasive surgery is done.

DHL, Global logistics company part of Germany based Deutsche post, has opened seven new security monitoring centers across Latin America.( New centres are located in venenzula, Peru, Mexico, Colombia, Costa Rica, and Guatemala, and Honduras.

CMA CGM, a France based container termical shipping company, has announced plans to setup a new hub in Kingston, Jamaica and will invest $100m.

US based software giant Microsoft has opened its first Microsoft Technology centre(MTC) in Latin America.  The unit will test the performance of their products in simulated environment within the facitlity.

Updated regularly

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Major Milestones, World as an single Economy - Financial.

Major Milestones, world as an economy - Financial categorized year wise. Here is the list of timeline starting from 1960 to 2012 the major milestone achieved by various countries on different things which revolution-ed the whole world. Here it goes! 

1960	Organisation of Petroleum Exporting Countries(OPEC) was formed in Baghdad. A oil barrel was traded for $2.90
1962	FTSE All-Share Index first calculated.
1963	First European Eurobonds issued in 1963 by Italian motorway network Autostrade
1964	Clive W J Grander and Michio Hatanka published Spectral Analysis for Economic Times Series
1967	UK Prime minister Harold Wilsondevalues the pound; Muriel Siebert becomes the first female member of the New York Stock Exchange
1968	Richard Brealey’s Principles of Corporate Finance
1969	Tokyo Stock Price Index inaugurated (TOPIX)
1970	Large oil field found in North Sea; first attempt at creating European Economic and Monetary Union(EMU); first Mortgage Based Security(MBS) brought to market in US by Ginnie Mae.
1972	On 14 November the Dow closes above 1000 for the first time in the history at 1003.16
1973	First Female members admitted to the London Stock Exchange
1975	OPEC oil embargo
1976	The first G7 Summit was held in San Juan, Puerto Rico, in 1976, with President Gerald Ford as host.
1977	TSX launched the world’s first Computer Assisted Trading Systems(CATS) and TSX 300 composite index, which became the benchmark index for equity market of Canada.
1977	Bear stearns underwrite the first new-issue junk bond in the decade.
1978	China turned into market oriented economy.
1981	Arthur Betz Laffer starts ‘Supply Side Economics’
1982	FTSE 100 first calculated
1986	Deregulation of London Stock Exchange (LSE)
1987	Black Monday stock market crash worldwide
1988	RJR Nabisco bought out for $25 billion
1989	The Nikkei 225 crash
1990	The Shanghai Stock Exchange founded;
1992	North American Free Trade Agreement (NAFTA) signed;
1995	World Trade Organisation (WTO) founded; Russian trading system established.
1997	New Labour government fived Bank of England independence from political control
1998	Dot.com bubble begin
1999	Dow touched 10000 mark; NASDAQ become world’s biggest stock market by dollar volume.
2001	London Stock Exchange (LSE) celebrated 200th anniversary
2002	Euro currency in 12 European states introduced.
2007	Subprime collateralized debt obligations (CDO) market  valued worth more than $45 trillion
2008	FTSE 100 suffers worst one-day drop in history as banking crisis; Lehman Brother collapsed.
2009	UK GDP contracts for six consecutive quarters for the first time since quarterly figures were first recorded in 1955.
2010	Ireland and Greece require economic bailout
2011	Portugal and Spain on the brink of EU bailout; the prices of crude oil is $112/barrel
2012	(estimated) Indian economy will grow faster than China’s in terms of GDP.

 Current affairs of history!

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Impact of Deregulation on Savings Bank Rate

In its recent move, RBI has deregulated the savings bank rate, which means, from now on wards the rate of savings bank account's can be fixed by the bank itself. Earlier the rate was fixed @4 p.c./annum (Current Rates of Banks). 


This move was immediately capitalized by Kotak Bank and Yes Bank, who has increased the Savings bank interest rate to 6% from 4%.  These are small banks whose prime objective now is to acquire new customers, so Kotak has already started advertising in full swing.  But the question raised to counter attack, why isn't the big banks are not offering a better savings rate, well the answer is simple: The book value of the deposits are very high and the interest need to paid for this is very high and it's not viable for these firms, so they have to offer some thing else to compensate. 

SBI, has offered a new product where giving 9% interest on Fixed deposit with an option of withdrawing the amount anytime after 7 days thus converting it like saving account anytime without any penalty for above Rs.1 crore amount. 

Thus this will either offer a better rate or product innovation can be observed in the near future.

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Increase the Speed of Airtel Broadband Unlimited Plan.

Off late because of huge competition and reduction in the taxes of Internet Broadband the rates of the Internet broadband plans are falling, service providers like Beam Cable are offering an exorbitant speed with least rates possible. But are you a existing customer of Airtel Broadband/Fixed line. Here is how you can increase you speed and paying the least possible price.

Airtel is now charging heavy prices for its plan, but there are few offers which are given only to limited no. of customer just to RETAIN them.  What ever the plan you are in, this is the plan offered as an last available offer to the leaving customer(depends on the city and state too), what you have to do?
Nothing much, call the customer care and don't waste your time speaking to the executive, ask the person to transfer your call to the De-activation department, who has the authority to give an better offer after an simple negotiations. State them the competitors plan.
In Hyderabad you can avail this offer:

Tariff Plan: Rs.499/month + taxes ( that would be around Rs.550)Speed: 1Mpbs til 5gb limit after wards its 256kbpsVAS: Rs.200 free calls from Airtel land line.

Remember, DEMAND more for the penny you spend, YOU GET THE BEST!

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Hide the Logo Based Business Quiz Questions

Here are some more logo based question and answers I have made. This time, I have deliberately put few logo with little changes in it. You just have to figure out which logo belong to which company. These kind of logo based question you can expect in an quiz, where part of the whole logo is displayed and you are asked to answer it.
Hint are provided for the logo below, you can find the the answers of this logo here. You are directed to answers page.
a)
Hint: You find this logo it on every ambulance, it is an volunteer led organization formed in 1881. This is the easiest question among the logo here, as you can figure it out from the logo itself. 
b)
Hint: Motors manufacture handcrafted motor cars in Crewe, based in England.
c)
Hint: An American company famous for its Power tools and home improvement products.
d)
Hint: A 2nd largest cosmetic franchise in the world, which claims it produced ethical natural products.
e)
Hint: One of the famous Airline company.
f)
Hint: This should be the easier one, a fast food chain company.
g)
Hint: One of the largest home appliance maker in the world.
h)
Hint: A manufacture of sporting clothes and accessories, which started there business making underwear and socks in its initial.
i)
Hint: A famous brand of Denim.
j)
Hint: US based company and the company claims to have the world's largest electronic database for legal and public-records information.
k)
Hint: A product of Procter & Gamle(P&G), a potato product.
l)
Hint: UK based financial services company, a multi national company, and a best clue, it has an merger with ICICI in India.

Answer for the question
@Want more questions: More Business Quiz Questions

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