Friday, November 28, 2008

Mumbai-Shocked

Have been watching television since yesterday and to see various locations in Mumbai turned into a war zone is shocking and heart breaking to say the least. My heartfelt condolences to the families of persons killed and taken hostage. I was feeling sick in the stomach when the fire broke out at the Taj. What would the people caught inside be going through. The fire fighters were doing their best but my imagination was running wild and I was feeling helpless watching other people trapped in the rooms adjoining the fire. My heartfelt condolences to the family of the brave officers of the Mumbai Police who lost their lives leading from the front to take on these terrorists. Especially Hemant Karkare of the ATS who in the recent past was being targeted by various political parties for the work that he was doing. When will these politicians realize and admit that terrorists HAVE NO RELIGION. Terrorists are not Hindu or Muslim or Christian. They are not people of religion or God. They are people who have gone totally sick in their head and have to be dealt with in that manner. Hemant Karkare is an example of a brave officer who gave his life in the line of duty. At this moment I pray that the brave officers of the Mumbai Police, the Indian Army, Navy, the NSG and the various other security forces dealing with the situation are able to end this crisis as soon as possible. If it had just been a matter of simply fighting the terrorists the security forces would have dealt with it sooner, but here of course the situation is extremely complicated with many innocent lives at stake. The fact that the locations are huge hotels with multiple floors, hundreds of rooms, many corridors, staff quarters, work spaces, entries, exits etc, and have innocent guests still in there, have made the task very difficult and delicate. I dread to think of how various political parties are now going to try and use this tragedy to further their political careers. At least now they should learn to not divide people and instead become responsible leaders. An incident such as this really exposes how ill-equipped we are as a society as far as proper leaders go. We desperately need young, dynamic, honest, intelligent and upright leaders, who actually care for the country.
Faith.

Saturday, October 18, 2008

Tendulkar at his Best


When the Tough get going they keep going,it was looking like Tendulkar has set himself to make a Big Hundred yesterday but unfortunely he got out,B4 getting out Sachin Tendulkar became the highest run scorer in Test on Friday when he passed his target of 15 runs in the first innings of the second Test match against Australia in Mohali.
Tendulkar scored three runs after tea to move on to 16, giving him a career record of 11,955 runs to surpass the previous mark of West Indian Brian Lara . Lara had scored 11,953 runs before he retired from international cricket in 2007.
How many Times he need to Prove that he is best batsmen we got in the world Today Lets all Congrate him for all the success he has given to us in Cricket

Wednesday, October 15, 2008

Are indices true indicators of Market Condition

Our economy is growing and the Gross Domestic Product (GDP) is predicted to be between a good 7.5% to 8.5% in this year, but then the markets plunged because of the perceptions of the investors and traders, which in turn is influenced heavily by the “herd mentality” causing panic and mayhem in the markets, resulting in the indices shedding points massively. Later the Finance Minister’s addressed the nation on Monday reassuring that the Indian economy is good and the root cause of the present uncertainty is liquidity and not any dramatic change in the fundamentals of the economy. He also stated that preventive steps were being taken to ensure the protection of the Indian economy and an additional Rs.600 billion was infused into the market (see http://www.indiainfoline.com/news/innernews.asp?storyId=81377&lmn=1 for further details). This created a positive wave and the “herd mentality” played its part, but this time, positively, resulting in the stock market indices gaining points.
The indices are supposed to be indicators of the market condition; but the fact that they are also, to a great extent affected by and represent the general perceptions of the investors (noise element) more than the real news or events, can not be ignored.
Thus it can be seen that though the indices SENSEX and Nifty serve as a popular investor’s guide, it is riddled with imperfections which can also lead to confusion instead of providing aid and it is a double-edged sword indeed. So they do indicate the market conditions, but are also to a significant extent, representations of market sentiments (i.e., sentiments of the traders and investors).
And its true that….“It’s ironical that something as huge as a stock market which should be stable as it represents the economy of a nation, is actually extremely volatile since it is driven more by the sentiments of the people

Wednesday, October 8, 2008

Goneguly

His fans think tht he is a warrior, but he is a drink carrierHis fans feel tht he is a god,tell you what he is a kittenHe fires versus Kenya and versus Australia he gets chicken gunyaHe rocks at kanpur but at perth he is poor
Your works are politics and we know your cheap tricks You shit by seeing Bond and Lee..And you do not like chemistry because of many Bond and Bond.They hit you in your rib cage and your protections are like rain guage
Your average versus aussies is twenty threeBut versus Bermuda you break freeTell him the word grass he will runaway wth out addressTell him the name Barbodos he will go out like dodos
His pull shots r funny and he is any ones' bunnyHe roamed with NagmaHis is poor runner but thinks tht he is a winnerWhn will he understand tht he is a poor fielder??
His fans are waiting for his come back But he has already thrown backHis bat is a dumb piece of timberWhen will he stop batting like a plumber!!

Saturday, September 27, 2008

Investment in stocks, debentures and mutual funds grows by 51%

According to the Reserve Bank of India’s annual report, though net household savings in absolute term went up by 8.18 per cent to 5,26,033 crore in 2007-08, as a percentage of gross domestic product (GDP) it is estimated to have fallen by 50 basis points (100 basis points equals one per cent) to 11.2 per cent during 2007-08.
The reason: a robust growth of about 9 per cent boosting GDP during the year.Investments in shares, debentures and mutual funds have seen a healthy growth last year. It also highlighted growing investor preference for riskier but high-yielding investment instruments compared to bank deposits.
The report said that investments in stocks, debentures and mutual funds grew by nearly 51 per cent to Rs 77,073 crore during 2007-08. In terms of share in the household savings it constitutes 10.5 per cent against 6.6 per cent at the end of previous year.
“The flow of household investments into mutual funds and growth in number of accounts with the industry in 2007-08 reflects this trend,” said AP Kurian, chairman, Association of Mutual Funds of India (AMFI).
However, growth is marginal when pegged to GDP—1.6 per cent against 1.2 per cent in 200607.This growth is also not phenomenal when compared to global standards. “In the US, mutual fund corpus size is equal to over 70 per cent of the US GDP,” Kurian added.
Among the other components of household financial assets, assets in cash and investments in insurance, provident and pension funds went up by 21 per cent and 1.72 per cent respectively. But deposits (including bank, nonbank and trade debt) fell by about Rs 10,000 crore to Rs 4,15,245 crore, while claims on government became negative at Rs 27,042, against a positive figure of Rs 40,627 for the previous year, the central bank’s report said.

Monday, September 22, 2008

Travel India




Travel to India and experience a land like no other. The amazing diversity of the different regions of India makes a journey in India an adventure that you'll remember forever. A traveler in India can choose to visit the snow-clad Himalayas in the North of India or the sunny, palm-fringed beaches of the South. The contrast between the undulating sand dunes of the Rajasthan Desert in West India and the dense tropical forests of Eastern India, gives a traveler in India the experience of spanning a subcontinent. Along the way, there's the amazing monumental heritage of India, seen in its glorious temples, magnificent forts, grand palaces and beautiful tombs - best exemplified by the enchanting Taj Mahal in Agra


Travel across India and feel the warmth of the friendly people, the spiritual ambience of religious places, the energy of the vibrant cities, the serenity of the backwaters of Kerala, the holiday atmosphere of the beaches of Goa and the tranquility of the hill stations of India.


Experience the thrill of climbing a mountain, trekking across a snowy ridge, rafting down a flowing river, or scuba diving off coral islands. Feel the excitement of riding an elephant through a forest and seeing a wild tiger. Be soothed by the healing touch of Ayurveda and sense the inner calm of meditation and yoga in India. Feel at home, feel at peace, feel at one with India. India awaits your voyage of discovery.

Its Man World

Winners never quit and quitters never win.” That is the mantra our men who've made a name for themselves in todays world seem to follow. Be it small town boys making it big in the cricket arena or a young entrepreneur leaving his mark in the international market. Today, Indian men are everywhere- the international business market, actors involved in international projects, writers , scientists and singers who have garnered international acclaim and also sportspersons in international sports. They have followed idols and today they themselves are inspiration for the youth. Know about their struggle, achievements, failures and journey to the top.

Saturday, September 20, 2008

ICICI Direct's Pathetic Customer Service


I had only good things to say about ICICIDirect until I ran into a problem and had to contact their customer service! Well, the less said about my experience, the better! But that's what I'm here for, isn't it?
So here's the story. When I opened an account with ICICIDirect, I did so because their website is the most easy to use for starters. Everything is very well organised into different, relevant sections and adequate explanation is given. The speed is also decent.I had heard that their website loads very slowly (or doesn't load at all) in peak conditions, but that doesn't really matter to me since I don't indulge in day trading or BTST trading. I buy shares based on long term recommendations, take delivery and sell when my target is met, or when I don't see any potential in the company's future.I also know that their brokerage is probably the highest in the industry, and the ease of use doesn't entirely justify the excess charges. But I don't trade frequently or in large volumes, so this was fine too.So then what went wrong? ONE DAY i had to transfer my other account share to icici diresct but some people were unaware of the procedures or were casual in their work.But the guys at ICICIDirect just took the cake! No one - and I mean no one - knows exactly the procedure to transfer share of other existing account on a demat account. A new account has to be opened and the shares transferred to it. But the ICICIDirect folks didn't know the exact procedure to go about it. Specifically, I have the following questions:
account can't be transferred. Why is this so?Can someone (preferably from ICICIDirect) please clarify the procedure for me, and for others like me? Not that it matters anymore, because my patience ran out finally and I opened a new demat account with Sharekhan. I will be transferring all my shares to it in the next few days.Sorry ICICIDirect, but incompetence doesn't pay in the long run!

Wednesday, September 17, 2008

A NEW HOPE FOR A NEW DAY


On a clear day - On a clear day Rise and look around you And you'll see who you are On a clear day How it will astound you That the glow of your being Outshines every star You feel part of every mountain Sea and shore And you can hear from far and near A world you've never heard before And On that clear day You can see forever and ever more You feel part of every mountain Sea and shore And you can hear from far and near A world you've never heard before On that clear day You can see forever and ever and ever more

Thursday, September 11, 2008

Morya Re


Of all the multitudes of deities and gods that constitute the Hindu religion, Lord Ganesha is probably one of the most loved and revered of all, regardless of individual beliefs and customs. Considered the god of good beginnings and wisdom, it is in his name that new ventures are undertaken and important life decisions made. Ganesha, the lord of success and the destroyer of obstacles, is brought home and honoured with prayers, sweets... and lots of love.One of the other names Ganesha is known as is Vinayak, meaning master of oneself. This signifies independence in thought and action. Whether in one's professional or personal life, one must act on one's beliefs after due consideration of relevant factors. Take ownership and responsibility for your actions and their outcome. Just knowing that you alone are responsible will make you take the decision that much more seriously

.So Wishing u all Happy Ganesh Chauturti

Tuesday, September 2, 2008

Cognitive Waste

Generation Kill. It's a new series from HBO. Worth watching. One of the more interesting aspects of the show, at least to me (which will probably be lost to many), is how well it depicts a 2GW command/control system in a modern context.
It also shows how all of that brainpower at the bottom of the pyramid goes to waste. Unfortunately, this brainpower/cognitive capacity in combination with unique situational data is several orders of magnitude superior (both in quality and quantity) to that available at the top of the hierarchy (where all the decision making is being made). Perhaps the fatal flaw in classic conventional militaries is that they waste nearly all of their cognitive capacity...

Tuesday, August 26, 2008

Bigg Boss 2 Is on

Never has the incipience of nemesis been proven as potently as with the inclusion of Jade Goody in this BIGG Boss season 2 with Shilpa Shetty now as Boss when not so long ago the latter faced racial attacks of the crassiest level from the former at the Big Brother counterpart where Shilpa was a mere inmate. That it helped catapult Shilpa into a league of a Superstar internationally softens the incident drastically.
Reality shows are here to stay. Not an avid idiot box fan, I confess the show has its entertainment quotient graphed high even if it only serves to reflect that we savour our fellow humans making a rollicking spectacle of themselves as the lustful lure of ‘green’ beckons. There is no other sane explanation as to its popularity across the globe, across all demographics, cultures, ethos, countries.
There is a curious mix this season, multifarious mindsets, personalities and backgrounds all 14 of them imprisoned in this bivouac for the next 84 days or thereabouts, depending of course on the eviction each week. Not much interested in second guessing the winner what grabs me is the revelation of inner demons that so accurately surfaces as days go by, unfailingly.
Despite the noble intentions of the inmates on entering this convuluted albeit capacious House, their pugnacious self soon emerges, insiduously triggered by the format of the programme and the sly manoevuring of the programmers.

Thursday, August 14, 2008

Money Vidya

i think that one of the biggest traps that start-ups can fall into is that they become too obsessed with the product itself, and not pay enough attention to marketing it. Startups often easily convince themselves that marketing is a secondary activity, which isn’t core to the success of their product.If you build it, they will come’. This wrong assumption is based on another premise – that if you build a great product, it will market itself. I’m not saying that this is completely untrue – but this statement is almost the same as saying that if you have a bad product, then no amount of marketing can save it – and who can argue with that?
Obviously a great product is the starting point of any new business, and of course the better your product, the more likely people are to talk about it. But I believe that that is not enough. You need to assist the spreading of the word. If you don’t your competitors and you’ll be left behind super-fine-tuning your product while the next guy spends his time shouting about his product and accumulating users and revenue.

Wednesday, August 13, 2008

Happy Singh

Last Friday i have seen most waiting movie of the year Singh is King,when i got the review from internet That Dont use ur Brain while watching movie i got that this film willbe extraordinally Hit,it proved right as is going good at international,world wide collection is good,Main thing is movie humour is fantastic,people like as they want entertainment for 3hour and vipul shah and Aneez Bazmee has given them,Akshay-Katrina constant three in a row hit for them,Of the few jokes that actually work is the one where a petrified Sonu Sood is innovatively used as a domestic help. Others are of the unintentional variety where you see Yashpal Sharma or Kamal Chopra falling into a jig. You know the rules when you watch a hardcore entertainer: Just don't look for logic. If you do, too bad for you, for you would never enjoy a film of this genre and more specifically, SINGH IS KINNG. Anees Bazmee's films are very high on entertainment. The plotline may be paper-thin, perhaps ludicrous and farcical, but when did Bazmee ever promise a SCHINDLER'S LIST or a SAVING PRIVATE RYAN? SINGH IS KINNG works because it delivers what it promises: Full on entertainment! The camera loves Katrina Kaif and it shows in SINGH IS KINNG too. She looks bewitching and enacts her part with tremendous confidence. Kirron Kher is superb and so is Om Puri. Terrific performances! They compliment Akki so well. Ranvir Shorey is first-rate. Sonu Sood is another actor who's finally getting his due in Hindi films. Javed Jaffrey's character works big time till he does a somersault in the pre-climax. Neha Dhupia is engaging. The nok-jhonk between Sudhanshu Pandey and Yashpal Sharma is perfect. Manoj Pahwa is good. On the whole, SINGH IS KINNG lives up to the hype and hoopla. Want a joyride without taxing your brains? Board the SINGH IS KINNG wagon

Tuesday, August 12, 2008

Glorious moment

India wins a Gold after 25 years and the first in an individual event. I was absolutely thrilled to see Bindra receiving the Gold, and I had goose bumps when India’s National Anthem began playing. What a moment! My congratulations to Bindra for his achievement. He has done India proud and given us all a moment to celebrate. I would recommend to everyone to do a google search on Indian Hockey at the Olympics. You will be amazed to read the reports of India’s achievements in the game. Absolutely fascinating. We were leagues ahead for decades, don’t know what happened after that. At this time I cannot help but remember the reaction of certain people across the country when India had lost a cricket match/tournament and people began attacking the homes of various players. How easily we forget that our sportspersons are trying their best. They too want to win. They are the ones who have worked day and night and are certainly more upset than we the supporters are. At that time instead of standing by them in their moment of loss and dejection we attack them. And I put a large part of the blame on a number of TV News channels at times like this, who only fan tempers and in fact glorify this kind of hooliganism. But back to Bindra. Well done, and thank you for bringing us glory and joy.
love
H.Pitroda

Monday, August 4, 2008

Multan ka Sultan

Experience indian team has done it again,conquer galle test historical win with fantastic sehwag(multan ka sultan)Just because a rose smells sweet, you do not use it in the soup.Wickets are like wives… you never know which way they will turn,but still there are some player who has lost form in the series,Sachin-Saurav-Dravid they all need now to pick up themselves in the third test match,U know guys why there is rain Srilanka because they always seem Battle ,Sachin Tendulkar is ready to accept ,u cannot challenge batsmen like Tendulkars Calibre.


Wednesday, July 23, 2008

Singh is King

Victory of UPA government in trust vote in the parliament on Tuesday revitalised the bulls who bought heavily across the sectors,it was clash between Manmohan singh and BJP Advani ,really Prime minister Manmohan Singh is the King and he got what he wanted,is was like 20-20match always nerve on,but Singh was the cool customer in the end.Politics in india is interesting .This Clash also remember me last week between Salman Khan and Sharukh Khan at Katrina Kaif Birthday Bash,but why i m comparing Bollywood with Politics i also know answer will similar .Govinda and Dhawan join Salman to add glamour and fun to his television game show, 10 Ka Dum on Friday 25th july i m great fan of these guys and miss the show.Business Diary say that i need to come with fine presentation of layout which we are starting in Bangalore,updated just want to push my luck on friday.Hectic Schedule will finish off mid october completing my bangalore project,will fly off to mumbai where i am missing my family and friends. I will keep updating u.
Signing Off

Monday, July 14, 2008

Weekend Fever

Great Weekend ,nice things done to chill out,passionate about sports was dissapointed,nothing new not interested wimbledon finish,watching new flicks Jaane Tu.........its entertainment,was excited bcos of aamir khan Home Production cap.Familiar with moderate life,length reloaded with extra energy,smile keep saying whats next remove ipod harman/kardon rock music.
bye from now

Jaane Tu..........

Aamir Khan has come up with Home Production Jaane Tu..Yah Jaane na .watch it inspire Youth.Has found acceptance from all quarters. Is superb everywhere. 2nd week opening is also fantastic. Multiplexes have increased shows from 2nd week onwards. Plus, 100 more centres have opened from this week. 1st week all-India nett is Rs. 20.01 cr.