Mahindra Motors PRofit Out Come Rises

India's largest utility vehicle maker, Mahindra & Mahindra, posted better-than-expected net profit for the March ended quarter, backed by strong growth in the utility vehicle segment.

PRLog (Press Release) - May 30, 2013 - AJMER, India -- India's largest utility vehicle maker, Mahindra & Mahindra, posted better-than-expected net profit for the March ended quarter, backed by strong growth in the utility vehicle segment.

The Mumbai-headquartered company posted a net profit of Rs 963 crore for the fourth quarter of FY13, which includes Mahindra Vehicle Manufacturing (MVML), as against Rs 911 crore it posted for the same period last year. Revenues for the quarter grew 10% to Rs 11,342 crore and EBIDTA margins improved a whopping 240 basis points to 14.4% for the fourth quarter as M&M's vehicles enjoyed a good pricing power in the falling market.

The March quarter included profits made on sale of Mahindra HolidaysBSE 0.06 % share which yielded the company Rs 90 crore. Similarly, the company had gained in Q4 of FY12, by merging Mahindra Automobile Distributors Private Ltd (for Renault JV) to itself. If one excluded both these extraordinary income, the adjusted profit after tax for M&M (including MVML) was up 33% to Rs 872 crore versus Rs 654 crore of adjusted PAT of quarter four of FY12.

Bharat Doshi, executive director & Group CFO, Mahindra & Mahindra, said: "It was one of those years, where both segments (tractor and passenger vehicle business) faced pressure. Despite that, M&M has shown its resilience by posting good numbers. Looking forward, we expect a mild recovery in the economy. We expect interest rates to soften by 50 basis points in the next six months, the liquidity will improve and the currency to remain volatile. We expect the economy to grow by 5.7-6.7% in FY14."

For FY13, the revenues for M&M, including MVML, jumped 25% to Rs 43,655 crore. Net profit was up 21% to Rs 3,634 crore and the EBIDTA margins 13.9%, improving 60 basis points.

During FY13, the company's auto sector posted a strong double-digit growth of over 20%, whereas tractor sales were under pressure, it seems the roles have reversed in FY14. The tractor sales got off to a good start growing over 20% in April, but the utility vehicle sales grew by 5-6%, as the 3% excise duty increase in the budget hit the demand.

Pawan Goenka, president, automotive & farm equipment sector, M&M, said: "The UV segment, which got hit by the new excise duty definition, saw a fall of 14% in April and the ones which did not come under the new definition grew handsomely. So, that clearly shows that the excise duty has had an impact on the sales of the company."

Goenka said M&M, on its part, is working towards circumventing the new definition. The company will be launching Vibe compact car and three new variants during the year to bring in some excitement in the market. And on the tractor front, it has three new offerings, including all new tractor called MStar.
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Exciting Times for Recruitment Specialists, Adria Solutions

 IT Recruitment Specialists Adria Solutions partner with a Technical Test Company

PRLog (Press Release) - Jul. 8, 2013 - STOCKPORT, U.K. -- IT recruitment specialists, Adria Solutions, established almost ten years ago, are bucking the tight economic trends. ‘May and June have proved to be the two best months in our company’s history,’ says Managing Director, David Berwick. ‘Many new clients have come on board and our expanding client base is continuing to utilise our expertise and innovative services.’

One of these new innovations is a dynamic online technical job test, which helps assess the strengths and weaknesses of job candidates. ‘The system allows us to build a unique IT test for any given role,’ says David. ‘Groups of questions are selected from the comprehensive question bank, arranged by category and work skills.’

In the coming months, the Adria Solutions website will become ‘mobile compliant’. The days of designing websites targeted solely at desktop or laptop computers are long gone. Web users need access from other internet-enabled devices. Mobile devices now offer a range of superb features, typically not available on desktops. With today’s advanced technology, a mobile website can provide better targeted, location-aware content.

‘It’s also very pleasing,’ adds David, ‘to see the increasing numbers of our Skype pre-screening interviews.’ Not content to rest on their laurels, Adria Solutions have upped their advertising expenditure and taken on new job boards and CV databases. ‘As a result of our rapid and sustained growth,’ says David, ‘we’re now considering establishing offices in Birmingham and London. Together with our motivated staff and the new online technical testing facility, we continue to fly high…’

Adria Soulutions are an IT Recruitment Company, founded in 2004, in the heart of the North West UK. For more details or to contact the company, visit http://www.adriasolutions.co.uk

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One of America’s Top Sales Professionals Shares His Sales Secrets and Strategies - Harper College.

On October 11 Doug presented a three-hour hands-on workshop to Harper Colleges Small Business Development Center. The workshop, “How to Turn Cold Calls Into Warm Calls” was held at 1200 West Algonquin Road in Palatine, IL 60067 - 9:00am-12:00pm.

PRLog (Press Release) - Oct. 11, 2013 - CHICAGO -- Palatine, IL – Doug Dvorak has earned an international reputation for his powerful marketing methods and motivational techniques, as well as his experience in all levels of business, corporate education and success training. His background in sales, leadership, management and marketing has made him one of the world’s most sought-after sales consultants, lecturers and teachers.

Harper College often holds Workshops and Classes to help their students learn new skills to manage their own businesses. Not just anyone is able to present at these workshops, Harper College takes great pride in their students and only provides them with the best mentors. They believe that, “Understanding business fundamentals, such as finance and marketing, as well as staying abreast of the changing business environment, is key to the success of business.” Recently, Mr. Dvorak had was honored by the college by being chosen to present to the students and faculty.

On Friday, October 11 Doug presented a three-hour hands-on workshop to Harper Colleges Small Business Development Center. The presentation, “How to Turn Cold Calls Into Warm Calls” was held at 1200 West Algonquin Road in Palatine, IL 60067 from 9:00am-12:00pm. Doug’s training helped those who registered learn the best processes for a great sales process. The students were taught about creative prospecting, developing customized value propositions, creating great first impressions, demonstrations and how to close the sale.

Crucial for entrepreneurs, consultants and sales professionals – Doug helped these groups discover their unique selling style. More importantly, he taught them how to use that sales process and style effectively to build business for themselves or their prospective company.

Some of the topics covered in Doug’s sales workshop included:

·      IDENTIFYING the behaviors and skills of successful sales professionals.

·      REVIEWING different types of selling models.

·      ANALYZING elements of the sales framework.

·      UNDERSTANDING prospecting basics and the ability to conduct sales calls.

·      EFFECTIVLY using a customer-centered selling approach to provide value before the sale.

·      COMPLETING a formula to achieve sales goals.

·      MANAGING the customer relationship on an ongoing basis through the use of proven techniques and strategies.

·      SUCCESSFULLY developing an action plan for applying these newly learned skills for increased sales.

These topics are particularly important to Doug because he has been able to achieve great success by following them. He is the type of person who knows that shares his success secrets so that others can achieve their own success. His presentations are always packed with information and customized weeks in advance for the specific engagement. He is the CEO of The Sales Coaching Institute, an institute dedicated to productivity training for sales and sales management.

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Downtown Business Networking Lunch at the Snack Bar

Support Scholarship Award - List your Business and Network with area businesses

PRLog (Press Release) - Oct. 12, 2013 - GREENSBORO, N.C. -- Business Network Lunch Social

Greensboro, NC  – The Women's Information's Network, Inc.

will host a Fall business organization network event.

The Business Networking Lunch Social will be held on Saturday, October 26, 2013 at The Snack Bar 256 N. Elm Street, Greensboro, NC

A portion of the proceeds will benefit the Jevon Ryans White Scholarship Award. Business owners and organizations will receive an introductory listing on a business networking directory on SPOTTVNETWORK.COM

Space is limited for advance tickets  go to http://www.wearewin.org or call 336-707-4826.

This luncheon will be a great opportunity to support our local businesses and at the same time help The Women's Information Network, Inc., a 501 C3 non profit organization, raise money for the Jevon Ryans White Scholarship Award. Sponsored by WIN and SPOTTV

About

The Women's Information Network Inc. a 5013c Mission Statement Our Mission is to Connect today's youth to the future and empower the leaders of tomorow!" Women’s Information Network Inc. (WIN)

Mission

Our Mission is to help connect youth to the future and empower the leaders of tomorrow.

Company Overview

About The Organization

What makes some communities and individuals stronger and more resource, which contributes to the disparities within certain community groups. Despite the marked

Progress of many communities within the U.S. over the past few decades, not all individuals has shared equally in these improvements. As such a disproportionate number of individual, who are members of racial and ethnic minority groups, continue to lack access to positive academic, athletic, financial, social and professional resources.

In 1980, the Women’s Information Network (WIN) was founded in effort to address the aforementioned crisis, with a focus on the many issues of daily living faced by at-risk youth of the South Jamaica Queen, New York community, WIN is comprise of an eclectic group of women, from all walks of life, who are dedicated to making a difference and ensuring that young; people make the connection they need to overcome their obstacles and succeed in all their endeavors. Each member of the organization, possesses a profound knowledge of the needs of the under served and in deeply devoted to the upkeep; and the betterment of the Queens community. WIN obtained non profit corporation in 2005 to further it’s mission.

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