R&D Jobs

It’s one of many, but definitely the most significant, value addition activities carried out in many organizations. It’s a brain storming activity intended to increase the knowledge base of employees in order to use that knowledge in creating some new applications that would benefit the company. It’s basically a cost incurring activity in which the company invests in large chunks of money to get the best out of its internal customers.

Generally every organization does a financial planning in which the company actually evaluates and assesses different cost incurring activities by calculating the return on investment fraction. Return on Investment (ROI) factor is a concept in finance domain which is a metrics for the performance of the human capital. This (ROI) is one of many concepts in finance domain that helps in human capital management. It’s the ratio of the outcome or return to the investment put or invested in an activity. This R&D projects are also evaluated by forecasting the ROI of the project.

The kinds of jobs that are available in this field are regulatory affairs mgr, documentation/medical writing, design engineer, research associate et al. The companies that are offering these kind of jobs are FENA (P) Ltd., Avaya India Pvt. Ltd, CNC Manufacturing Company. These are just to name a few and almost all every organizations spends some amount of money on R&D. The only difference that comes is at the budget allocated for the Research and Development process.

For a large company (conglomerate) which has diversified businesses the budget allocated for R&D projects is pretty huge and that for a small company the budget allocated will be a meager amount because of the financial constraints.

During the recent times with economy going down all the Indian firms have spent very less on the R&D projects because of the financial limitations. But with the economy booming again, a large number of small scale industries in India are becoming financially stable. This opportunity enables them to invest more & more amounts on Research and Development sector.

Once companies start to invest in such projects like R &D et al. they will sooner or later taste the success of the those quality efforts (time, money, skilled labor expertise) put up by those company personnel. The more is the investment on R&D projects the more will be the requirement of skilled labor in order to get these processes going.

As soon as the requirement arises the job seekers throng the recruitment divisions of those organizations because many young talents are in dire need to get a job. Indian government is also encouraging these organizations providing an immense support and regulating the government policies that would help them (the organizations) invest more & more in these value adding activities. The success of such creative projects would catapult the Indian industry sector to an upper level.

Toyota Camry

Toyota Camry was launched by the world's largest car maker Toyota in 1980. The car's name is taken from the Japanese word “kanmuri” meaning "crown". Toyota has many cars named after the word “crown” like Toyota Crown, Toyota Corona and Toyota Corolla.
Camry has been performing very well in sales in many countries of the world. The car has been one of the best selling cars in the United States. The car has also sold well in Australia and Canada. Camry has turned out to be a best seller in the Asian country Cambodia. Interestingly, the car has not sold well in the European markets.

Toyota has launched its luxury car Camry Toyota in India also. To make the car attractive to buyers the company keeps launching new versions of the car in the market. The Japanese car maker launched the  new version of Camry in the mid of the year 2009. The car has many changes in the exteriors. The changes include new headlamps, new fog lights, new front grille and rear view mirrors with indicators.

Toyota has launched this new version to boost sales of Camry in the fast growing market of India. The changes in the interior of the car are minor. The sales of the car in India were not growing fast enough. Toyota sold only 44 units of the car in the year of 2009. With the new version launched, Toyota is expecting to sell around 500 units of Camry within the next one year. The new Toyota Camry is priced between Rs 21, 26, 000 and Rs 23, 40, 000. It is available in new colors like dark green mica metallic and beige mica metallic.

Toyota is performing well in India. Its cars like Innova have been selling well. The company recently launched its sports utility vehicle Fortuner in the market. Toyota is operating in the country in a joint venture with Kirloskar, an Indian company. Toyota Kirloskar Motor has performed quite well in 2009. It has reported a growth of 50% in sales in the month of October. The growth was helped by the sales during the auspicious Diwali period. The company has sales of 5, 650 units in the month. Toyota has by now sold more than 4 lakh units of its cars in India.

Health Insurance

It’s another kind of insurance in which your health is insured id est. the insurer will cover the medical expenses in case of any medical emergency. As in any type of insurance, here also the policy holder(the insured) has to pay a premiums to get the benefit of the insurance coverage during the medical emergency. Similar benefits paying for medical expenses may also be provided through social welfare programs funded by the government.
Other types of Health insurance are:

1. Disability income insurance (Disability insurance): This insurance pays to the policy holder when he/she is not able to work. Unlike the health insurance which bears only the cost of the medical expenses, this pays through out the disability period. This can be purchased on a group basis or individual basis. These policies can be designed to cover long-term disabilities and short-term disabilities.

2. Long term care insurance (LTC): Policies cover the cost of certain types of chronic care, while long-term-disability policies replace income lost while the policyholder is unable to work. For LTC, the event triggering benefits is the need for chronic care, while the triggering event for disability insurance is the inability to work.

3. Medicare Supplement Coverage: These are only available to individuals enrolled in Medicare Parts A & B. Medigap plans may be purchased on a guaranteed issue basis (no health questions asked) during a six-month open enrollment period when an individual first becomes eligible for Medicare. The benefits offered by Medigap plans are standardized.

4. Hospital indemnity insurance: These payments are made in addition to any other insurance coverage that the policy holder is eligible for. Unlike other health insurances these payments are made daily, weekly and monthly basis and the payment amount is independent of the hospital charges.

5. Dental insurance: This you may call it as a stand-alone dental insurance plan since it pays only for the dental care.

6. Vision care insurance: These payments are made to encourage routine eye examinations. Like dental care insurance these payments (coverage) are made only for the routine eye care.

7. Accidental Death and Dismemberment (AD&D) insurance: This insurance is offered by group insurers and provides benefits in the event of accidental death. It also provides benefits for certain specified types of bodily injuries (e.g., loss of a limb or loss of sight) when they are the direct result of an accident.

Tata, a household name in India

The Tata group is a household name in India. Over more than a hundred year the business house has earned respect and trust of Indians.

The Tata group of companies is the biggest corporate group in India. In total it has more than 100 companies. The group has operations in 85 countries of the world spanning 6 continents. The company has operations in industries like steel, IT, automobiles, telecommunications and power. The group comprises an impressive list of companies. Tata Steel is the world's fifth biggest steel maker. Tata Consultancy Services is Asia's largest IT company. Tata Tea is world's second largest tea maker. Taj group of hotels also belong to Tata group. The business house has also ventured into new industries like telecommunications. Tata Motors is an automobile company, which is largest Indian car maker.

Tata group was founded by Jamshetji Nusserwanji Tata in 1868. The company was named after his second name. Traditionally a member of the Tata family has been the chairmen of the Tata group. JRD Tata was another prominent member of the Tata family. He was a keen aviator too. The present chairman of the group, Ratan Tata is considered a great business leader, known for his vision.

Tata group is among the world's most respected companies. Recently under the leadership of Ratan Tata, Tata Motors came up with Nano, the world's least expensive car. The car, targeted at the Indian middle class people, has created publicity for the group worth millions of dollars. The Tata group was hailed worldwide for its innovation and vision. The small car Nano has already been launched in India. With huge demand for the small car, the waiting list is quite long.

Nano is targeted at the group of people who traditionally use two-wheelers. As a car can give more comfort to people, Tata group came up with this amazing small car. Tata Motors' other products in the market include Safari, Tata Indica, Indigo Vista, and newly launched Manza.

Recently Tata Motors bought two prestigious British car companies – Land Rover and Jaguar. Both Jaguar and Land Rover were going through some tough times as sales were plummeting, partly due to spiraling fuel prices and economic recession.