Technology, Innovations, Funn, Day to Day.......!!

Friday, February 29, 2008

Union Budget of India 2008- Part I

Income Tax exemption to Rs 1.5 lakh
Income Tax exemption for women to 1.8 lakh
Income Tax exemption for senior citizens to 2.25 lakh
Revenue deficit at 1.4 pewr cent of GDP
Duty on project import cut to 5 per cent from 7.5 per cent
Excise duty on two and three wheelers down to 12 per cent
Anti-AIDS drugs exempted from excise duty
Reduce general CEVAT to 14 per cent on all goods from 16 per cent
No change in corporate tax
Ad Valorem duty on diesel and petrol removed
Higher tax rates on cigarettes
Five year tax holiday from Income Tax for hospitals across India
Five year tax break for UNESCO heritage two, three and four star hotels
Four new sectors brought under tax net
Excise duty on Pharma products down to 8 per cent from 16 per cent
Haryana & Chandigarh to develop smart card facility for food subsidy distribution
Loan waver and debt relief of farmers having less than 2 hectares
Marginal and small farmers to get complete waver
All loans to farmers up to March 2007 under the scheme
Implementation of scheme for farmers by June 2008
Total relief package for farmers to cost Rs 60,000 crore
Three IITs to be established in Bihar, Andhra Pradesh and Rajasthan
Government confident of 8.8 percent growth rate
National agriculture insurance scheme will continue
Other farmers to get one time relief settlement by paying 75 percent debt

Agricultural credit to reach Rs 2.4 lakh crore by year end
Reduce custom duty on natural rubber and basic raw materials
Spending to increase by 20 percent to benefit NIIT, Educamp and Aptech
Rs 11460 crore for women specific allocation
Gross budgetary support Rs 2.28 trillion
Agricultural growth estimated at 2.6 per cent
Rs 12,970 crore allocated to Natonal Highway
Public Sector Units to get Rs 16436 cr in 2008-09
Rashtriya Krishi Vikas Yojna launched
Education gets a hike of 20 percent, a total of Rs 34,400 crore allocated
Export taxes on key raw material of steel to be increased
Iron ore export duty is at Rs 300 per tonne, decreased by 15 percent
Fertiliser subsidy o continue
Exercise duty on finished steel products reduced to 8 percent
Customs duty on import of scrap metal scrapped
No customs duty on Internet, broadband data cards
15 percent hike in Health sector
Sarva Shikshya Abhiyan gets Rs 13,100 crore
Mid day meal scheme to get Rs 8000 crore
Bharat Nirman to get Rs 31,280 crore
16 Central universities to be setup
Jawahar Navodaya Vidyalaya to get Rs 130 crore
1042 crore for eradication of Polio
990 crore for AIDS programmes
Rural job scheme to roll out in 596 districts
Govt to tap in resource of SCB's to set up funds
Rs 3966 crore allocated for SC, ST and OBCs
National programme for elderly to receive 400 crore
Rs 500 crore for Arunanchal Pradesh and other north eastern states
Rs 5000 crore fund for enhancing refinance operations
Commercial banks advised to have 250 rural accounts every year
Defence allocation increased by 10 per cent, raised to Rs 1,05,600 crore
Allocation for Minority Ministry doubled
Rs 33,434 crore allocated for child specific schemes
Minority community in Central Paramilitary forces
Rs 624 crore allocated for 2010 Commonwealth Games
Rs 32,667 crores for food subsidy under Public Distribution System (PDS) scheme
Fiscal Deficit at 3.1 per cent of GDP
Rs 40,000 crore allocated for special purpose Tea fund
NREG scheme to be rolled out in 596 districts
Allocation for NREG scheme at Rs 16,000 crore
Rural credit target set to be increased to Rs 80,000 crore
Total allocation for north-east regions at 16,447 crore
Allocation to NRHM increased to Rs 12,050 crore

Read more in tomorrows blog.........


Thursday, February 28, 2008

IT World....

If you have been in IT/Corporate industry too long these are your symptoms:

1.) U use phrases like "No issues" and "Value addition" in everyday parlance. For e.g. When talking about your doodhwalla, U say, "His milk does zero value addition to my health but he is the only guy around so no issues"

2.) Ur prime source of entertainment is the forwards send to U by friends whose faces U cant remember.

3) U drink more tea or coffee than water.

4) U keep trying to shut down ur home computer by pressing Ctrl+Alt+Del (used to lock office comps)

5) When ur mobile rings at home, U rush outside to receive thecall.

6) When U make calls at home, U accidentally dial "0"to get an outside line.

7) U haven't played Solitaire with real cards in years.

8) Ur last crush was a girl in HR, ur current crush is the new girl in HR and all ur crushes in the future will be girls in HR.

9) U spend the entire day reading forwards, smoking cigarettes or drinking tea/coffee and playing T.T. and then complain about the late working hours.

10.) Ur important 'meetings' usually comprise two or three people max, including yourself.

11) U secretly prepare for CAT only to find ur PL sitting behind you at the exam.

13.) U keep pressing Ctrl+Enter wondering why your gmail is not going.

14.) U email ur mate who works at the desk next to U.

15.) As U read this list, U r thinking of sending it to ur friends who are also in IT/Corporate.


Wednesday, February 27, 2008

Funny Truths...

  • Regular naps prevent old age... especially if you take them while driving.
  • Having one child makes you a parent; having two makes you a referee.
  • Marriage is a relationship in which one person is always right and the other is the husband!
  • They said we should all pay our tax with a smile. I tried- but they wanted cash.
  • A child's greatest period of growth is the month after you've purchased new school uniforms.
  • Don't feel bad. A lot of people have no talent.
  • Don't marry the person you want to live with, marry the one you cannot live without... but
    whatever you do, you'll regret it later.
  • You can't buy love. . But you pay heavily for it.
  • True friends stab you in the front.
  • Forgiveness is giving up my right to hate you for hurting me.
  • Bad officials are elected by good citizens who do not vote.
  • Laziness is nothing more than the habit of resting before you get tired.
  • My wife and I always compromise. I admit I'm wrong and she agrees with me.
  • Those who can't laugh at themselves leave the job to others.
  • Ladies first. Pretty ladies sooner.
  • It doesn't matter how often a married man changes his job, he still ends up with the same boss.
  • They call our language the mother tongue because the father seldom gets to speak.
  • Saving is the best thing. Especially when your parents have done it for you.
  • Wise men talk because they have something to say; fools talk because they have to say something.
  • Real friends are the ones who survive transitions between address books.

Tuesday, February 26, 2008

Newtons' New Laws...!!

Some Rules that NEWTON forgot to mention, which are 100 % Right......

Law of Queue:
If you change queues, the one you have left will start to move faster than the one you are in now.

Law of the Telephone:
When you dial a wrong number, you never get an engaged tone.

Law of Mechanical Repair:
After your hands become coated with grease, your nose will begin to itch.

Law of the Workshop:
Any tool, when dropped, will roll to the least accessible corner.

Law of the Alibi:
If you tell the boss you were late for work because you had a flattire, the next morning you will have a flat tire.

When the body is immersed in water, the telephone rings.

The probability of meeting someone you know increases when you arewith someone you don't want to be seen with.

LAW of the RESULT:
When you try to prove to someone that a machine won't work, it will!

The severity of the itch is inversely proportional to the reach.

People with the seats at the furthest from the aisle arrive last.

As soon as you sit down for a cup of hot coffee, your boss will askyou to do something which will last until the coffee is cold.

Monday, February 25, 2008

Foreign Investment Promotion Board

The Foreign Investment Promotion Board (FIPB) in the Ministry of Finance is a high-level central agency that deals and clears proposals for investment in India. The chairman of the Board is the Secretary of the Department of Economic Affairs. Other Board members consist of the Secretaries in the Ministries of Commerce & Industries, and the Economic Relations Secretary in the Ministry of External Affairs. Other members can be co-opted from senior government officials, and professional experts from industry, commerce and banks, as and when required.

Applications are received by the FIPB through the Secretaries for Industrial Assistance (SIA). The SIA was established within the Department of Industrial Policy & Promotion in the Ministry of Industry. It provides a single window for entrepreneurial assistance, investor facilitation, processing of all applications that require Government approval, assisting entrepreneurs and investors in setting up projects (including liaison with other organizations and State Governments) and monitoring the implementation of projects. Applications can also be made with Indian missions abroad. Applications received by SIA are placed before the FIPB within 15 days of receipt. The Board has the flexibility to negotiate with investors. The FIPB's decisions are communicated by SIA, normally within 6 weeks of receipt of the application.


Thursday, February 21, 2008

No need to remember your PAN Card now...!!

Good News!!!!!!!! ......No need to remember your PAN No.
now .....Click thelink below

It would just ask you, your details like full name and date of birth......and Thats It...!!


Wednesday, February 20, 2008

Prevent Heart Attack......

A chat with Dr.Devi Shetty, Narayana Hrudayalaya (Heart Specialist) Bangalore was arranged by WIPRO for its employees .

The transcript of the chat is given below. Useful for everyone.

Qn: What are the thumb rules for a layman to take care of his heart?
Ans:1. Diet - Less of carbohydrate, more of protein, less oil
2. Exercise - Half an hour's walk, at least five days a week; avoid lifts and avoid sitting for
a longtime
3.Quit smoking
4. Control weight
5. Control blood pressure and sugar

Qn: Is eating non-veg food (fish) good for the heart?
Ans: No Qn: It's still a grave shock to hear that some apparently healthy person gets a cardiac arrest.

Qn:How do we understand it in perspective?
Ans: This is called silent attack; that is why we recommend everyone past the age of 30 to undergo routine health checkups.

Qn: Are heart diseases hereditary?
Ans: Yes

Qn: What are the ways in which the heart is stressed? What practices do you suggest to de-stress?
Ans: Change your attitude towards life. Do not look for perfection in everything in life.

Qn: Is walking better than jogging or is more intensive exercise required to keep a healthy heart?
Ans: Walking is better than jogging since jogging leads to early fatigue and injury to joints

Qn: You have done so much for the poor and needy. What has inspired you to do so?
Ans: Mother Theresa , who was my patient

Qn: Can people with low blood pressure suffer heart diseases?
Ans: Extremely rare

Qn: Does cholesterol accumulates right from an early age (I'm currently only 22) or do you have to worry about it only after you are above 30 years of age?
Ans: Cholesterol accumulates from childhood.

Qn: How do irregular eating habits affect the heart ?
Ans: You tend to eat junk food when the habits are irregular and your body's enzyme release for digestion gets confused.

Qn: How can I control cholesterol content without using medicines?
Ans: Control diet, walk and eat walnut.

Qn: Can yoga prevent heart ailments?
Ans: Yoga helps.

Qn: Which is the best and worst food for the heart?
Ans: Fruits and vegetables are the best and the worst is oil.

Qn: Which oil is better - groundnut, sunflower, olive?
Ans: All oils are bad .

Qn: What is the routine checkup one should go through? Is there any specific test?
Ans: Routine blood test to ensure sugar, cholesterol is ok. Check BP, Treadmill test after an echo.

Qn: What are the first aid steps to be taken on a heart attack?
Ans: Help the person into a sleeping position , place an aspirin tablet under the tongue with a sorbitrate tablet if available, and rush him to a coronary care unit since the maximum casualty takes place within the first hour.

Qn: How do you differentiate between pain caused by a heart attack and that caused due to gastric trouble?
Ans: Extremely difficult without ECG.

Qn: What is the main cause of a steep increase in heart problems amongst youngsters? I see people of about 30-40 yrs of age having heart attacks and serious heart problems.
Ans: Increased awareness has increased incidents. Also, edentary lifestyles, smoking, junk food, lack of exercise in a country where people are genetically three times more vulnerable for heart attacks than Europeans and Americans.

Qn: Is it possible for a person to have BP outside the normal range of 120/80 and yet be perfectly healthy?
Ans: Yes.

Qn: Marriages within close relatives can lead to heart problems for the child. Is it true?
Ans : Yes, co-sanguinity leads to congenital abnormalities and you may not have a software engineer as a child

Qn: Many of us have an irregular daily routine and many a times we have to stay late nights in office. Does this affect our heart ? What precautions would you recommend?
Ans : When you are young, nature protects you against all these irregularities. However, as you grow older, respect the biological clock.

Qn: Will taking anti-hypertensive drugs cause some other complications (short / long term)? Ans : Yes, most drugs have some side effects. However, modern anti-hypertensive drugs are extremely safe.

Qn: Will consuming more coffee/tea lead to heart attacks?
Ans : No.

Qn: Are asthma patients more prone to heart disease?
Ans : No.

Qn: How would you define junk food?
Ans : Fried food like Kentucky , McDonalds , samosas, and even masala dosas.

Qn: You mentioned that Indians are three times more vulnerable. What is the reason for this, as Europeans and Americans also eat a lot of junk food?
Ans: Every race is vulnerable to some disease and unfortunately, Indians are vulnerable for the most expensive disease.

Qn: Does consuming bananas help reduce hypertension?
Ans : No.

Qn: Can a person help himself during a heart attack (Because we see a lot of forwarded emails on this)?

Ans : Yes. Lie down comfortably and put an aspirin tablet of any description under the tongue and ask someone to take you to the nearest coronary care unit without any delay and do not wait for the ambulance since most of the time, the ambulance does not turn up.

Qn: Do, in any way, low white blood cells and low hemoglobin count lead to heart problems? Ans : No. But it is ideal to have normal hemoglobin level to increase your exercise capacity.

Qn: Sometimes, due to the hectic schedule we are not able to exercise. So, does walking while doing daily chores at home or climbing the stairs in the house, work as a substitute for exercise? Ans : Certainly. Avoid sitting continuously for more than half an hour and even the act of getting out of the chair and going to another chair and sitting helps a lot.

Qn: Is there a relation between heart problems and blood sugar?
Ans: Yes. A strong relationship since diabetics are more vulnerable to heart attacks than non-diabetics.

Qn: What are the things one needs to take care of after a heart operation?
Ans : Diet, exercise, drugs on time , Control cholesterol, BP, weight..

Qn: Are people working on night shifts more vulnerable to heart disease when compared to day shift workers?
Ans : No.

Qn: What are the modern anti-hypertensive drugs?
Ans : There are hundreds of drugs and your doctor will chose the right combination for your problem, but my suggestion is to avoid the drugs and go for natural ways of controlling blood pressure by walk, diet to reduce weight and changing attitudes towards lifestyles.

Qn: Does dispirin or similar headache pills increase the risk of heart attacks?
Ans : No.

Qn: Why is the rate of heart attacks more in men than in women?
Ans : Nature protects women till the age of 45.

Qn: How can one keep the heart in a good condition?
Ans : Eat a healthy diet, avoid junk food, exercise everyday, do not smoke and, go for health checkup s if you are past the age of 30 ( once in six months recommended) ....


Tuesday, February 19, 2008

Diffrence between Love & Marriage..!!

A student asks a teacher: What is love?
The teacher said: in order to answer your question, go to the paddy field and choose the biggest paddy and come back.But the rule is: you can go through them only once and cannot turn back to pick.
The student went to the field, go thru first row, he saw one big paddy, but he wonders....may be there is a bigger one later. Then he sawanother bigger one... but may be there is an even bigger one waiting forhim. Later, when he finished more than half of the paddy field, he start to realize that the paddy is not as big as the previous one he saw, he knowhe has missed the biggest one, and he regretted.
So, he ended up went back to the teacher with empty hand.
The teacher told him, this is love...
"you keep looking for a better one, but when later you realize, you have already miss the person"
The student asked: What is marriage then?
The teacher said: In order to answer your question, go to the corn field and choose the biggest corn and come back. But the rule is: you can go through them only once and cannot turn backto pick.
The student went to the corn field, this time he is careful not to repeat the previous mistake, when he reach the middle of the field, he has picked one medium corn that he feel satisfied, and came back to the teacher.
The teacher told him, this time you bring back a corn....
"you look for one that is just nice, and you have faith and believe this is the best one you get.... this is marriage"
"Be courteous to all , but intimate with few , and let those few be well tried before you give them your confidence."


Monday, February 18, 2008

CRISIL IPO grade 3/5 assigned to the IPO of Rural Electrification Corporation Ltd.

CRISIL has assigned a CRISIL IPO Grade “3/5” (pronounced “three on five”) to the proposed initial public offer of Rural Electrification Corporation Limited (REC). This grade indicates that the fundamentals of the issue are average in relation to the other listed equity securities in India. However, this grade is not an opinion on whether the issue price is appropriate in relation to the issue fundamentals. The grade is not a recommendation to buy / sell or hold the graded instrument, the graded instrument’s future market price or its suitability for a particular investor.

The grading reflects the Indian government’s majority stake in REC and its developmental role in the government’s plans for the power sector in India, especially the non-urban centres. REC’s continuing role as an instrument of government policy and the consequent government support translates into significant advantages for REC as a borrower of funds viz the ability to raise bonds with tax benefits to the investors. CRISIL believes that REC will continue to discharge its developmental role over the medium term and shall display moderately strong business performance.

Notwithstanding the advantages on the liability side, REC’s mandate requires it be one of the key lenders to state government power utilities, which have had a troubled credit history. Though REC is planning to increase its lending to the private sector, CRISIL believes that lending to state government utilities would continue to constitute a majority of REC’s asset book over the medium term.

The company’s profitability could come under pressure in the future as the share of market borrowings in REC’s funding mix increases and the company begins to follow the RBI’s prudential norms for NPA provisioning. REC will also need to considerably strengthen its internal control systems and loan pricing mechanisms to support the significant increase in business planned by the company.

REC’s business operations are susceptible to the effects of frequent top management changes as is the case with many other government run entities. REC’s shareholders remain vulnerable to the possibility of REC’s business operations being used by the government more as a tool for public policy than an engine for profit maximization.


Saturday, February 16, 2008

Women arrest Law..

An incident took place in Pune - a young girl was attacked by a man posing as a plain clothes officer; he asked her to come to the police station when she & her male friend didn't have a driver's license 2 show. He sent the boy off to get his license and asked the girl to accompany him to the police station. Took her instead to an isolated area where the horrendous crime was committed.
The law [which most of us are not aware of] clearly states that between 6 pm and 6 am, a woman has the right to REFUSE to go to the Police Station , even if an arrest warrant has been issued against her.
It is a procedural issue that a woman can be arrested between 6pm and 6am, ONLY if she is arrested by a woman officer & taken to an ALL WOMEN police station. And if she is arrested by a male officer, it has to be proven that a woman officer was on duty at the time of arrest

Friday, February 15, 2008

Market Price...

When formulating key strategies and making decisions about product pricing for the Indian market, it is important to remember that simple conversion of U.S. dollar prices to Indian rupees will not work in most cases. Also, the assumption that a latent niche market for premium products exists, has often resulted in low sales volumes and negligible returns for some foreign companies. A U.S. company which prices its products in India rupee equivalent to U.S. dollar prices may fail to attract the mass consumer and end up with a niche market. For example, refrigerators offered by a U.S. manufacturer did not sell well because they were priced 40 percent above Indian brands.

If the product can be imitated easily in terms of quality and service, international pricing will not work in India because local entrepreneurs will quickly adopt the same business opportunity. To reduce product import duties or other local costs and ensure a stable market share, several U.S. and other foreign companies have set up product assembly shops in India. Pricing decisions have some bearing on product packaging. Many consumer product suppliers have found it helpful to package smaller portions at reduced prices rather than "economy" sizes. While the Indian consumer will pay a little extra to ensure that he gets quality and value for money, he may not be able to afford the higher prices of attractive packaging which many multinational companies have developed.

Although some Indian consumers are aware of quality differences and insist on world-class products, many customers can sacrifice quality concerns for price reductions. In East Asia, Europe, and North America for example, laser printers and ink jet printers have almost eliminated the dot matrix printer from homes and offices. In India, dot matrix printers are still used in business correspondence by some industrial groups. The price advantage of this older technology has extended its lifetime in this market.

Bargaining for the best price is a routine process of the buyer and seller in India. For consumer goods, especially for durables, the sellers often give discounts on the listed prices, during festive seasons, to attract more customers. Trade-ins of old products for new items are also increasingly popular among consumers. A pricing strategy must consider all these factors.

Another key consideration in pricing is Indian import tariffs. These are high for most products, especially consumer products. There are pockets of affluent Indians who can afford to buy a variety of luxury branded goods. However, in general, consumer consumption patterns are very different from those in many other countries. The middle class is growing exponentially, providing a fertile market for moderately priced items, but the prohibitive import tariffs may serve to move some items out of the reach of the Indian Middle Class consumer.

The new ruling Congress government has made implementing Value Added Tax (VAT) one of its key priorities. VAT at a rate of 12.5 percent is in effect from April 1, 2005 in many States. The tax is designed to make accounting more transparent, cut trade barriers and boost tax revenues.

Since January, 2001, under Indian law, it is mandatory for all pre-packaged goods intended for direct retail sale imported into India to bear labeling declarations.

Thursday, February 14, 2008

Valentine's Day Special Poems...!!

My darling, my lover, my beautiful wife;
Marrying you screwed up my life.

I see your face when I am dreaming.
That's why I always wake up screaming.

Kind, intelligent, loving and hot;
This describes everything you are not.

I thought that I could love no other that is,
until I met your brother.

Roses are red, violets are blue,
sugar is sweet, and so are you
But the roses are wilting, the violets are dead,
the sugar bowl's empty and so is your head.

I want to feel your sweet embrace
But don't take that bag off your face.

I love your smile, your face, and your eyes.
Damn, I'm good at telling lies!

My love, you take my breath away.
What have you stepped in to smell this way?

My feelings for you no words can tell,
Except for maybe 'Go to hell.'

What inspired this amorous rhyme?
Two parts vodka, one part lime.

Wednesday, February 13, 2008

Direct Marketing..

Direct marketing is nothing but direct selling. Direct selling is one of the fastest growing industries in India and is an unusually good income generator for entrepreneurs from all walks of life. In addition, direct selling offers consumers a convenient and more informed way to buy, along with money-back guarantees and refund policies. According to the Indian Direct Selling Association, the direct selling industry reported a total turnover of $545 million (Rs. 24 billion) during fiscal year 2004-05.

In India, direct selling traditionally meant contracting of outside agencies by manufacturers to move surplus or promotional products or small manufacturers resorting to door-to-door selling because of their inability to compete in the retail market. It has also meant deploying direct sales employees to demonstrate products with the objective of making a spot sale. The traditional view of direct selling is changing. One of the first Indian companies to practice direct selling in India was Eureka Forbes, which sells a range of household appliances through direct selling. Though some form of direct selling had been in practice in India, a new wave of interest to sell in the Indian market through the modern concept of direct selling has begun only during the last decade.

Currently, the direct selling industry employs more than 1.3 million people, an increase of 100,000 from 2003-04 to 2004-05. There are about 750,000 active direct sales executives (including both men, women and couples working as a team) who buy or sell products at least once every two months. The total number of product offerings increased to 380 with 2,100 variants and product categories ranging from cosmetics to kitchenware, education, home care and natural products.

In recent years, thousands of Indian women and, increasingly, men are taking to direct selling in India to supplement salaried incomes. Rather than sales people they call themselves consultants, book advisors, dealers and beauty advisors. Other than a minimum age requirement by law, no qualifications are needed. Training is critical element of direct selling and most companies do offer some training. The dropout rate in this method of selling is high.

India has strong potential for direct selling because unemployment and underemployment is perennial. Multinational direct sellers have been quick to sense an opportunity in India’s post-liberalization economy. Due to the industry’s high growth potential, the direct selling industry association is already gearing up to get systems in place to protect consumer interest and respond to inquiries. It has released a code of ethics that member-companies have to adhere to.


Tuesday, February 12, 2008

Learn Hindi...!!


Monday, February 11, 2008


Man discovered weapons, invented hunting.
Woman discovered hunting, invented furs.

Man discovered colors, invented painting.
Woman discovered painting, invented make-up.

Man discovered speech, invented conversation.
Woman discovered conversation, invented gossip.

Man discovered agriculture, invented food.
Woman discovered food, invented diet.

Man discovered friendship, invented love.
Woman discovered love, invented marriage.

Man discovered trade, invented money.
Woman discovered money, man has never recovered...........


Sunday, February 10, 2008

Whats' happening in India????

Here's what is happening in India:

The two Ambani brothers can buy 100 percent of every company listed on the Karachi Stock Exchange (KSE) and would still be left with $30 billion to spare. The four richest Indians can buy up all goods and services produced over a year by 169 million Pakistanis and still be left with $60 billion to spare. The four richest Indians are now richer than the forty richest Chinese.

In November, Bombay Stock Exchange's benchmark Sensex flirted with 20,000 points. As a consequence, Mukesh Ambani's Reliance Industries became a $100 billion company (the entire KSE is capitalized at $65 billion). Mukesh owns 48 percent of Reliance.

In November, comes Neeta's birthday. Neeta turned f orty-four three weeks ago. Look what she got from her husband as her birthday present: A sixty-million dollar jet with a custom fitted master bedroom, bathroom with mood lighting, a sky bar, entertainment cabins, satellite television, wireless communication and a separate cabin with game consoles. Neeta is Mukesh Ambani's wife, and Mukesh is not India's richest but t he second richest.

Mukesh is now building his new home, Residence Antillia (after a mythical, phantom island somewhere in the Atlantic Ocean). At a cost of $1 billion this would be the most expensive home on the face of the planet. At 173 meters tall Mukesh's new family residence, for a family of six, will be the equivalent of a 60-storeyed building. The first six floors are reserved for parking. The seventh floor is for car servicing and maintenance. The eighth floor houses a mini-theatre. Then there's a health club, a gym and a swimming pool. Two floors are reserved for Ambani family's guests. Four flo ors above the guest floors are family floors all with a superb view of the Arabian Sea. On top of everything are three helipads. A staff of 600 is expected to care for the family and their family home.

In 2004, India became the 3rd most attractive foreign direct investment destination. Pakistan wasn't even in the top 25 countries. In 2004, the United Nations, the representative body of 192 sovereign member states, had requested the Election Commission of India to assist the UN in the holding elections in Al Jumhuriyah al Iraqiyah and Dowlat-e Eslami-ye Afghanestan. Why the Election Commission of India and not the Election Commission of Pakistan? After all, Islamabad is closer to Kabul than is Delhi.

Imagine, 12 percent of all American scientists are of Indian origin; 38 percent of doctors in America are Indian; 36 percent of NASA scientists are Indians; 34 percent of Microsoft employees are Indians; and 28 percent of IBM employees are Indians.

For the record: Sabeer Bhatia created and founded Hotmail. Sun Microsystems was founded by Vinod Khosla. The Intel Pentium processor, that runs 90 percent of all computers, was fathered by Vinod Dham. Rajiv Gupta co-invented Hewlett Packard's E-speak project. Four out of ten Silicon Valley start-ups are run by Indians. Bollywood produces 800 movies per year and s ix Indian ladies have won Miss Universe/Miss World titles over the past 10 years.

For the record: Azim Premji, the richest Muslim entrepreneur on the face of the planet, was born in Bombay and now lives in Bangalore.India now has more than three dozen billionaires;

The other amazing aspect is the rapid pace at which India is creating wealth. In 2002, Dhirubhai Ambani, Mukesh and Anil Ambani's father, left his two sons a fortune worth $2.8 billion. In 2007, their combined wealth stood at $94 billion. On 29 October 2007, as a result of the stock market rally and the appreciation of the Indian rupee, Mukesh became the richest person in the world, with net worth climbing to US$63.2 billion (Bill Gates, the richest American, stands at around $56 billion). Indians and Pakistanis have the same Y-chromosome haplogroup. We have the same genetic sequence and the same genetic marker (namely: M124). We have the sam e DNA molecule, the same DNA sequence. Our culture, our traditions and our cuisine are all the same. We watch the same movies and sing the same songs. What is it that Indians have and we don't?


Saturday, February 9, 2008

Thought for the day..


Friday, February 8, 2008

Smart way of Handling Females..!!

A young man walked into a jeweler's shop late one Friday, with abeautifulyoung lady on his side."I'm looking for a special ring for my girlfriend" he said.

The jeweler looks through his stock, and takes out an outstanding ringpriced at $4500."I don't think you understand ... I want something very unique", hesaid.

At that, the jeweler went and fetched his special stock from the safe."Here's one stunning ring at $33000."The girls' eyes sparkled, and the young man said that he would take it.

"How are you paying?""I'll pay by cheque, but of course the bank would want to make sure that everything is in order, so I'll write a cheque and you can phone the bank on Monday and I'll collect the ring on Monday afternoon".

Monday morning a very irate jeweler phones the man."You lied there's no money in that account."

"I know, but can you imagine what a Fantastic WEEKEND I had????".............


Thursday, February 7, 2008

Mobile can heat your brain:

How long calls on mobile can effect your brain:

1 Egg
2 Mobiles
65 minutes of connection between mobiles.

Initiated the call between the two mobiles and allowed 65 minutes approximately...
During the first 15 minutes nothing happened;
25 minutes later the egg started getting hot;
45 minutes later the egg is hot;
65 minutes later the egg is cooked:

Conclusion: The immediate radiation of the mobiles has the potential to modify the proteins of the egg. Imagine what it can do with the proteins of your brains when you make long calls.


Wednesday, February 6, 2008

Dont work too hard...!!!


Tuesday, February 5, 2008

Getting Married....!!

Getting married is very much like going to a restaurant with friends. You order what you want then, when you see what the other person has, you wish you had ordered that. ----------------------------------------------------------------------------

Man: Is there any way for long life? Dr: Get married. Man: Will it help? Dr: No, but the thought of long life will never come. -----------------------------------------------------------------------------

Why do couples hold hands during their wedding? It's a formality just like two boxers shaking hands before the fight begins!

Wife: Darling today is our anniversary, what should we do? Husband: Let us stand in silence for 2 minutes. -----------------------------------------------------------------------------

It's funny when people discuss Love Marriage vs Arranged. It's like asking someone, if suicide is better or being murdered. -----------------------------------------------------------------------------

It is difficult to understand GOD. He makes such beautiful things as women and then he turns them into Wives. -------------------------------------------------------------------------------

If u r married please ignore this msg, for everyone else: Happy Independence Day -------------------------------------------------------------------------------

Before marriage, a man will lie awake all night thinking about something you say. After marriage, he'll fall asleep before you finish. -------------------------------------------------------------------------------

There's a way of transferring funds that is even faster than electronic banking. It's called marriage. -------------------------------------------------------------------------------

Girlfriends r like chocolates, taste good anytime. Lovers r like PIZZAS, Hot n spicy, eaten frequently. Husbands r like Dal RICE, eaten when there's no choice. ------------------------------------------------------------------------------

Man receives telegram: Wife dead-should be buried or cremated? Man: Don't take any chances. Burn the body and bury the ash. -------------------------------------------------------------------------------

Prospective husband: Do you have a book called 'Man, The Master of Women'? Salesgirl: The fiction department is on the other side, sir. ------------------------------------------------------------------------------

Q: Why dogs don't marry? A: Because they are already leading a dog's life! ------------------------------------------------------------------------------

There was this guy who told his woman that he loved her so much that he would go through hell for her. They got married and now he is going thru hell. -------------------------------------------------------------------------------

Fact of life: One woman brings you into this world crying & the other ensures you continue to do so for the rest of your life! -------------------------------------------------------------------------------

Q: Why doesn't law permit a man to marry a second woman? A: Because as per law you cannot be punished twice for the same offence!


Monday, February 4, 2008


Bhikhari: Saab 6 rupaye de do, coffee pini hai.

Man: Kyoun 1 coffee 3 rupaye ki hai na?

Bhikhari: Par Saab sath mein Girl Friend bhi hai.

Man: Bhikhari ho aur Girl Friend banali?

Bhikhari: Nahin Saab, Girl Friend ne Bhikhari bana diya.


Saturday, February 2, 2008

Self Motivation....!!


Friday, February 1, 2008

Capital Market In India....

India is home to Asia's oldest stock exchange—the Bombay Stock Exchange (BSE) —which traces its origin to 1875, when a group of 22 stockbrokers began trading under a banyan tree. Since then, 23 stock exchanges have been set up in the country.

The largest stock exchange—the National Stock Exchange—was set up in by financial institutions at the behest of the government of India as an online trading exchange to give investors across the country an equal opportunity to trade in a larger number of stocks. Since it began operations in 1994, the National Stock Exchange (NSE) has become the largest stock exchange in the country in terms of transactions, volumes and value. Even globally, both NSE and BSE have emerged as significantly large exchanges. The NSE is the third largest exchange in terms of number of trades after NASDAQ and NYSE, and BSE ranks fifth. The 30-scrip BSE Sensex, however, is still the bellwether index, though investors also look at the 50-scrip “Nifty” index of the NSE.

Even in terms of listed companies, Indian capital markets are in the top globally. Over 7,000 companies are listed on Indian bourses, of which about 2,000-2,500 are traded everyday. India, with a market capitalisation of $600 billion, is the largest in Asia, barring Japan.
Over the nineties, and despite several scandals, the regulator, the Securities and Exchange Board of India (SEBI) has worked hard to introduce global best practices so that the Indian stock exchanges are on par with those in developed countries. It introduced capital adequacy norms for brokers, transparency of transactions, dematerialization of shares and so on.
The rules were made simpler for companies to raise capital, while transparency and disclosures were increased to safeguard investors. The NSE ushered in the era of electronic trading in 1994, and the BSE followed suit the next year. Almost all of India’s trading is paperless today. In 2000, trading of derivatives was introduced, and today, the volumes in the derivatives market are about 3 times those in the cash segment.

Today, the Indian stock markets are driven substantially by foreign portfolio investments – and India has been the focus of foreign funds over the past year or so.