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Showing posts from December, 2011

Indian iPad

DataWind is a company manufacturing and marketing wireless web access products, originally founded in Montreal in 2001 by brothers suneet and raja tuli, now based in London . It operated its business only in UK till 2010. In 2010 it won Indian Government's proposal (human resources ministry) to develop low cost tablet or computer for Indian students and population. DataWind along with Indian Institute of Rajashthan developed student version called as Aakash, which is manufactured by Indian company Quad. Government gave it's assurance to purchase 10 millions aakash which costs only $35 or Rs.2,500 to distribute it for free among poor students. The project was developed conjointly with Indian Institute of Rajashthan under an e-learning programme to include college students. Wall street described Aakash as only low cost best 4 G tablet. Aakash is a student version of Android tablet computer. The commercial version of Aakash, which is more advanced than aakash wil...

Apple vs samsung - the patent war

The topic deals with business as well legal isuess. Apple and Samsung are famous technological firms indulged in developing modern gadgets for modern society. The 2war. companies are very successful in their business in all over the world, are now indulged in a patent. Apple has filled innumerable suits against Samsung in 30 countries (except south korea, because it is the home country of Samsung) for infringing its patent rights by copying the designs of its Iphone and Tablets and developed in the names of Samsung galaxy phones and tablets. Samsung has also accused apple of copying its 3g and video configuration technology. Apple won the suits in Germany and Netherlands, while the results in other countries are yet to be declared. But it is losing its grip in the case, because now Samsung has become more powerful from the time, when the suit filed by apple in US federal court was rejected supporting the claims of Samsung. As Samsung argued that Tablets designs c...

Unethical practices in all forms of Business accounting

Accounting is known as the language of Business organisation and mainly concerned with the recording and maintaining of the financial data and communicating   the information or data to the users. Though it is not an easy process as it involves various set of steps between them. Like it starts from 1].Identifying the transaction 2]. measuring and analysing the transactions which involves measuring the transactions in terms of money because as per the money measurement concept only those transactions, which can be measured in terms of money/monetary terms, can be recorded in the books of accounts. 3].Recording the identified and measured transactions in the journal. Journal is a book of primary recording, mainly concerned with writing the transactions for the first time in the books. 4].Posting the information into ledger accounts which is considered as a book of secondary entries. 5].Summarising the information by making trial balance and preparing the income(profit and loss acc...