Tuesday, September 30, 2008

Investopedia - Investing Education Encyclopedia

Investopedia (Investopedia.com) is one of the Internet's largest sites devoted entirely to investing education. Investopedia was started by Cory Janssen and Cory Wagner in June 1999 at the height of the internet stock boom as an unbiased source to learn about investing. Based in the city of Edmonton in Alberta, Canada, Investopedia has grown to become a well-respected source for financial information.

Investopedia had its beginning as a financial dictionary, separating itself from other dictionaries by offering the "Investopedia Says" feature—a plain English interpretation of hard to understand terms and concepts. Investopedia now averages over 2 million Page views a month and Investopedia is home to over 1,500 articles, 5,300 dictionary entries, and 750 pages of tutorials on nearly every aspect of finance and investing. Along with educational content, Investopedia also offers interactive tools such as its popular stock market simulator, which allows individuals to set up a brokerage account with imaginary money and trade publicly traded stocks and options on the NYSE, NASDAQ, and other stock exchanges.


From Investopedia About Us :

The core philosophy of Investopedia is that you are the best person to look after your personal finances because "nobody cares more about your money than you do"! Investing is not rocket science, anybody with the desire to learn can do so. Still, many people are intimidated by investing. Perhaps it is because of the jargon; maybe it is the fear of being wrong. This website strives to help you through the difficulties and to be your helping hand on the way to financial freedom.

Site URL : INVESTOPEDIA

Source : Investopedia, Wikipedia


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Monday, September 29, 2008

Excerpt from Steve Job's Speech : Stay Hungry. Stay Foolish.

1 - you can't connect the dots looking forward; you can only connect them looking backwards.

2 - So you have to trust that the dots will somehow connect in your future.
You have to trust in something — your gut, destiny, life, karma, whatever.


3 - Sometimes life hits you in the head with a brick. Don't lose faith.


4 - I'm convinced that the only thing that kept me going was that I loved what I did.
You've got to find what you love.
And that is as true for your work as it is for your lovers.
Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do.
If you haven't found it yet, keep looking.
Don't settle.
As with all matters of the heart, you'll know when you find it.
And, like any great relationship, it just gets better and better as the years roll on.
So keep looking until you find it. Don't settle.

5 - Death is very likely the single best invention of Life



6 - Your time is limited, so don't waste it living someone else's life. Don't be trapped by dogma — which is living with the results of other people's thinking. Don't let the noise of others' opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary.

Steve Jobs : founder of Apple, Next, Pixar.

source : Stay Hungry. Stay Foolish.


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KYO KI - The Brand

KKSBKBT




source : Mint

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Wednesday, September 24, 2008

Check out Plan

Hi,

I want you to take a look at : Plan

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Tuesday, September 23, 2008

Wikipedia - The Free Encyclopedia

Wikipedia is a free, multilingual, open content encyclopedia project that was launched in 2001 by Jimmy Wales and Larry Sanger, and is currently operated by the United States-based non-profit Wikimedia Foundation. Wikipedia name is a portmanteau of the words wiki (a technology for creating collaborative websites) and encyclopedia.

As of April 2008, Wikipedia had over 10 million articles in 253 languages, about a quarter of which are in English.Wikipedia's articles have been written collaboratively by volunteers around the world, and nearly all of its articles can be edited by anyone with access to the Wikipedia website. Having steadily risen in popularity since Wikipedia inception, Wikipedia is currently the largest and most popular general reference work on the Internet.

Critics of Wikipedia target its systemic bias and inconsistencies and its policy of favoring consensus over credentials in its editorial process. Wikipedia's reliability and accuracy are also an issue. Other criticisms are centered on Wikipedia's susceptibility to vandalism and the addition of spurious or unverified information. Scholarly work suggests that vandalism is generally short-lived.

In addition to being an encyclopedic reference, Wikipedia has received major media attention as an online source of breaking news as it is constantly updated.

When Time magazine recognized "You" as its Person of the Year 2006, praising the accelerating success of online collaboration and interaction by millions of users around the world, Wikipedia was the first particular "Web 2.0" service mentioned, followed by YouTube and MySpace.


Site URL : WIKIPEDIA

source : Wikipedia :))


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Monday, September 22, 2008

What is Bankruptcy - Chapter 11Bankruptcy Code

Chapter 11 is a chapter of the United States Bankruptcy Code, which permits reorganization under the bankruptcy laws of the United States. Chapter 11 bankruptcy is available to any business, whether organized as a corporation or sole proprietorship, or individuals with unsecured debt of at least $336,900.00 or secured debt of at least $1,010,650.00, although it is most prominently used by corporate entities.

Definition :
When a troubled business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under chapter 11. A chapter 11 filing is usually an attempt to stay in business while a bankruptcy court supervises the "reorganization" of the company's contractual and debt obligations. The court can grant complete or partial relief from most of the company's debts and its contracts, so that the company can make a fresh start. Sometimes, if the business's debts exceed its assets, then at the completion of bankruptcy the company's owners all end up without anything; all their rights and interests are ended and the company's creditors are left with ownership of the newly reorganized company.

Rationale :
Sometimes the value of a business is greater if sold or reorganized as a going concern than the value of the sum of its parts if the business's assets were to be sold off individually. It follows that it may be more economically efficient to allow a troubled company to continue running, cancel some of its debts, and give ownership of the newly reorganized company to the creditors whose debts were canceled. In this way, jobs may be saved and the engine of profitability which is the business is maintained rather than being dismantled.

Who gets the money back?
Federal laws determine the laws of payment and further division of assets. Secured creditors are the first to get back their money. Bond holders are the next and shareholders of the company are the last to receive any kind of compensation. Though they make the maximum when the company is doing good business, they get the least preference in such situations. The owners may not get anything at all if the secured and the unsecured creditors' claims are not fulfilled. Bondholders stand a better chance of recovering their debt because of the commitment by the company to pay back the principal. Even after the company has filed for bankruptcy, the company's securities may continue to trade even after the company has filed for bankruptcy under Chapter 11. The company's securities may continue to trade on NASDAQ and NYSE. In most of the cases, the company's reorganization involves liquidating the equity shares and the management moving into the hands of creditors and bondholders; it is extremely risky for investors to trade in these stocks.

Companies follow this route mainly to have control over the reorganization process. In worst cases, the only option is to liquidate.

Source : Wikipedia and Economic Times

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What is Inflation and how it is measured

How do you measure inflation?

Inflation is one of the biggest stories of recent weeks, and has received a great deal of attention from the media and politicians. At the same time, inflation is an economic problem that the average person meets on a daily basis in terms of higher prices, particularly of food products.

How is inflation measured?

In India, there are two broad measures of inflation - based on the consumer price index (CPI) and based on the wholesale price index (WPI). Of the two, the latter has a higher profile because it is measured every week. When you read about inflation rising to 7%, it is probably referring to inflation based on WPI.

WPI is based on the wholesale prices of 435 items ranging from agricultural commodities like wheat, rice, groundnuts etc to manufactured products like steel, cement etc. A single index number is calculated based on those prices, and the inflation rate is calculated by comparing the most recent index number with that of a year ago.

What is the government going to do about inflation?

The government has taken some quick steps like trying to curb exports in sensitive commodities and reduce the cost of imports. The is done because exports reduce domestic supply adding to the pressure on prices . Therefore, the government has already banned the export of cement and non-basmati rice and may ban other commodity exports later.

RBI has also taken action by raising rates, which will reduce liquidity and the total demand in the economy that will reduce the pressure on prices.

Some Source..

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Sub-Prime Crises Chronlogy

IT all began with the sub-prime crisis.

If you lost you money in the market crash of January 2008, here's the route to your loss, in chronological order.

2001-2005: House prices in the US begin to rise rapidly. Banks lend aggressively and create a sub prime industry.

Sub-prime lending refers to lending (at slightly higher interest rates) to people who may not be eligible for a loan under normal circumstances. Maybe they don’t have a regular job or income, or have defaulted in the past.

Banks traditionally did not lend to such people due to high risk of default. But since these loans were mortgaged against property and property prices were rising continuously, banks started doing so. If customers defaulted, they good sell the mortgaged property.

2005: The booming housing market halted abruptly in many parts of the US.

2006: Prices are flat, home sales fall.

February 2007: Sub-prime industry collapses in the US; more than 25 sub-prime lenders declare bankruptcy, announce significant losses, or put themselves up for sale.

While they were lending, banks did not factor in the possibility of a fall in property prices. When the Federal Bank (the US equivalent of RBI) started increasing interest rates, the sub-prime borrowers started defaulting and banks started selling off the mortgaged properties. As more and more properties came into the market for selling, the property prices fell.

August 2007: Many leading mortgage lenders in the US filed for bankruptcy

March 2008: Bear Sterns falls.

September 2008: Lehman Brothers file for bankruptcy. Merrill Lynch sells off to Bank of America.

Between 2001 and 2006, the US financial markets had developed a new product – a bond securitised against the mortgages.

In simple terms it means that the mortgage banks borrowed money against the mortgages on the condition that they would repay to lenders as soon as they recovered their mortgages. The lenders in this case were financial institutions (like Bear Sterns, Lehman and Merril Lynch) who in turn sold retail bonds to individuals.

Sadly, the repayment never happened. And institutions like Bear Sterns, Lehman, Merrill Lynch and AIG were the casualties. Since the mortgages were not honoured, the banks could not repay these financial institutions who in turn could not repay retail investors.

-Moneycontrol

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Brand Amul - The Taste of India

The Taste of India


source : Mint

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Wednesday, September 17, 2008

Uttar Pradesh



Uttar Pradesh (UP) is the 'second largest economy in India'[25] after Maharashtra. It is notable that: -

* The state is contributing 8.17% to India’s total GDP.

* It is home to largest number of Small Scale units in the country, with 12% of over 2.3 million units.

* Labour efficiency is higher in UP (26) than the National Average.

* The state is one of the top tourist destinations in India, with almost 25% of the All-India foreign tourists visiting Uttar Pradesh [28], Agra was visited by more than 8 million domestic and 825,000 foreign tourists in 2006, followed by Varanasi, Lucknow, Allahabad, Vrindaban and Mathura. More than 71 million domestic tourists in 2003.

* Lucknow and NOIDA are the top IT destination of the country.

* The largest shoe-manufacturing centre in the country is Kanpur.

* Meerut is regularly among the top tax paying cities in the country.

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Tamil Nadu




Watch out this palce for the non ending details of its Industrialization

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Rajasthan





- Rajasthan is among the largest producers of edible oils in India and the second largest producer of oilseeds.

- Rajasthan is also the biggest wool-producing state in India.

Rajasthan is the second largest producer of polyester fibre in India.

- The main industries are mineral based, agriculture based, and textiles

- The state is the second largest source of cement in India

- Jodhpur sandstone is mostly used in monuments, important buildings, residential buildings, etc. This stone is termed "chittar patthar".

- tourism is a flourishing industry in Rajasthan.

- The Bhilwara District produces more cloth than Bhiwandi, Maharashtra

- The palaces of Jaipur, lakes of Udaipur, and desert forts of Jodhpur, Bikaner & Jaisalmer

- Rajasthan is now the preferred destination for IT companies and North India's largest integrated IT park is under construction in jaipur and is named as Mahindra World City jaipur covering nearly 3000 acres of land.

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Tuesday, September 16, 2008

Answers.com - answers your every question

Answers.com is a website that presents reference content in over four million entries, collected from multiple sources. Launched in January 2005, the website is the primary product of the Answers Corporation(Answers.com) (NASDAQ: ANSW) (previously GuruNet), an Israel-based Internet reference company with offices in New York City and Jerusalem and founded by Bob Rosenschein in 1999.

Answers.com also owns WikiAnswers, a Q&A site that uses a wiki engine to improve questions and answers. Answers.com is the second-largest Q&A site after Yahoo! Answers. Answers.com has stated that it intends to bring the two sites much closer together in order to provide various types of answers to its visitors -- both encyclopedic and "community-based".

Staff

Robert S Rosenschein, chairman of the board, president, chief executive officer
Steven Steinberg, chief financial officer, secretary
Bruce D Smith, chief strategic officer
Jeff Schneiderman, chief technical officer

Source : Wikipedia

SITE URL : Answers


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Monday, September 15, 2008

Big B the Brand - Amitabh Bhachan




Amitabh Harivansh Srivastav
on October 11, 1942), is an Indian film actor. He gained popularity since the 1970s and has since become one of the most prominent figures in the history of Indian cinema.

Bachchan has won numerous awards in his career, including three National Film Awards and twelve Filmfare Awards. He holds the record for most number of Best Actor nominations at the Filmfare Awards. In addition to acting, Bachchan has worked as a playback singer, film producer and television presenter, and was an elected member of the Indian Parliament from 1984 to 1987.

Bachchan is married to actress Jaya Bhaduri. They have two children, Shweta Nanda and Abhishek Bachchan, who is also an actor and is married to Aishwarya Rai.

more on : Amitabh Bhachan


source : Wikipedia, Official WebSite, Mint

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Saturday, September 13, 2008

Zindagi Kisi Kitab Ka Naam Nahi

"comments are already pouring in"

All the poetic people around the world.
I have been doing MBA for past 1 and half year now.
Learned lot of things apart from Academics.
Everyone in MBA says only one thing READ READ READ.
So just during a discussion this stanza came out of my mouth

"Zindagi Kisi Kitab Ka Naam Nahi", and i was like BINGO!, EUREKA! EUREKA I can write poems.

why not take this opportunity and take it forward, I and my friends will try to take it forward we like the world to take it forward.

The stanzas should be related to,
how simpler life was earlier when we were not developed,
and how technology and competition have changed things.

Our motto is to express any thing with a Comic sense.

So lets start writing single stanzas, through comments.

Zindagi Kisi Kitab Ka Naam Nahi........

1....ki paane badal the hi zindagi badal jayaage

2....aasli kushi sayad is technology main kho gayi hain
aur aaja hassi sirf Gtalk ki hahaaha ban kar raha gaye



"comments are already pouring in"

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Thursday, September 11, 2008

US jobless rise fuels fears on economy

Oh o!!!

The US unemployment rate unexpectedly jumped to a five-year high of 6.1 per cent, suggesting a bleaker picture of the world’s largest economy than thought.

Labor Department data released on Friday showed that employers shed 84,000 jobs in August – the eighth consecutive month of job losses – significantly worse than economists were expecting......

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Samsung considers buying SanDisk

Diversified or Inorganic or what - Consolidation, MNA

South Korea’s Samsung Electronics said on Friday it was considering buying, or forming a strategic alliance with, SanDisk to strengthen its dominance of the digital memory storage market.

The South Korean company is the world’s top producer of flash memory chips, used in portable digital gadgets, and has been considering ways to combat weak chip prices, which are affected by oversupply.

Analysts estimated that Samsung would be able to buy a 51 per cent controlling stake in SanDisk for up to Won1,500bn ($1.3bn). SanDisk shares have plunged almost 60 per cent this year as it fell victim to the industry downturn. The US company has a market value of about $3.2bn.........

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Dell eyes plan to outsource and sell factories

Change is Constant- Welcome Contract Manufacturing.

Dell, the world’s second-biggest personal computer maker, is considering a plan to sell its factories, according to people familiar with the matter.

Dell declined to comment on the potential move, which was reported by the Wall Street Journal on Friday.

But two people familiar with the situation said Dell had approached so-called contract manufacturers – companies that make electronics equipment on behalf of name-brand groups – about taking over the plants.

“Dell hasn’t been as profitable as it would like to be, and owning its manufacturing is dragging it down,” said one observer, who declined to be named........

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Altria buys UST for $11.7bn

Consolidation has started again.

Altria on Monday announced that it would buy US chewing tobacco maker UST for $11.7bn, in a deal which would help offset Altria's declining US cigarette volumes and boost its position in the tobacco market by expanding its range of alternative tobacco products.

Altria, the owner of Marlboro cigarette maker Philip Morris USA, has tried to build strength in the expanding smokeless tobacco category but has met with little success. UST, which makes Copenhagen and Skoal tobacco and also owns a wine distribution business, is the largest US maker of chewing tobacco.

Altria said in a statement that it was offering to buy in cash all outstanding UST shares at $69.50 each, valuing the deal at approximately $11.7bn, including the assumption of approximately $1.3bn of debt...........

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HPCL, Shree Renuka to set up sugar plant for ethanol

MUMBAI (Reuters) - State-run refiner Hindustan Petroleum Corp Ltd and sugar producer Shree Renuka Sugars Ltd on Thursday said they signed a deal to set up a sugar plant with facilities to produce ethanol in Maharashtra. The unit will be set...

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creative use of Blood(RED) for Advertisements


creative use of Blood(RED) for Advertisements

From: cyborg, 11 minutes ago





a good ppt on HBO's branding activity


SlideShare Link




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Collateral vs Primary Mortgages

Mortgage - simply means 'offering our ownership interest (share certificate) in an immovable property, as a security, to a lender of money, who has lent money to us against such mortgage made (In hindi we say 'Girvi' rakhna).


Now,
from above definition 2 things can happen, plz understand the following very carefully....
a. offering of security of a prime property (land/house etc.). (i.e. mortgage loan through mortgage of prime property)
b. offering of security of a collateral property (land/houseetc.). (i.e. mortgage loan through mortgage of collateral property)

Let us consider a. offering of security as a 'prime security' (i.e. mortgage loan through mortgage of prime security)

This situation is the one which you often come across when someone purchases a new house through loan obtained from bank for the same purpose.
Here, the agreement is such that, the bank will lend you money for purchasing the flat if you mortgage the to be purchased flat with the bank.

Hence this is known as 'prime security', because mortgage is done on the very same property to be purchased by you.
In case we make a default on the loan payments here, then the bank will snatch our purchased house and.....u know it.

Now,
Let us consider b. offering of security of a collateral property (i.e. mortgage loan through mortgage of collateral property)
This situation is the one wherein we obtain loan against our existing house property. The loan can be for any purpose of ours like any emergency settlement, new house etc.

So, this situation is termed as a collateral security because the purpose for which the loan is taken (suppose say new car, new flat) is not mortgaged with the bank, instead our existing house is mortgaged with them.
Here if we make a default, then the existing house is gone...not the new asset purchased and so on.

Hence, collateral security is something which is not the main subject but a subject away from the main subject, hence collateral (secondary).

Note:
After considering the macro economic environment and the income capacity of the borrower, the bank may ask for both form of securities i.e. prime and collateral together.

So, 'Caveat Emptor' - Be Aware as a customer - is the funda to be learned from above.
I have made a genuine effort for explaining the above concept, in case if i am wrong, feel free to correct me.
I also request other people to come up with such common concepts, as this will enable knowledge sharing amongst us and help us mutually.


Regards
Mihir.
PG Finance 2nd Year


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Wednesday, September 10, 2008

Particle physics | Into the wild blue yonder | Economist.com

Best of Luck Guys

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Orissa - Bangalore of Manufacturing




Orissa has abundant natural resources and a large coastline.
- It contains a fifth of India's coal, a quarter of its iron ore, a third of its bauxite reserves and most of the chromite
- Rourkela Steel Plant[7] was the first integrated steel plant in the Public Sector in India
- It receives unprecedented investments in steel, aluminium, power, refineries and ports. India's topmost IT consulting firms, including Satyam Computer Services, TCS (Tata Consultancy Services), MindTree Consulting, PricewaterhouseCoopers and Infosys have large branches in Orissa. IBM, Syntel, Bosch and Wipro are setting up development centers in Orissa
- So far, two of the S&P CNX 500 conglomerates have corporate offices in Orissa, for example, National Aluminium (2005 gross income Rs.51,162 million) and Tata Sponge Iron (2005 gross income Rs.2,044 million).
- Posco of South Korea which has agreed to construct a mammoth $12 billion steel plant near Paradip port, It would be the largest single investment in India's history
- Arcelor-Mittal has also announced plans to invest in another mega steel project amounting to $10 billion.
- Russian major Magnitogorsk Iron and Steel Company (MMK) plans to set up a 10 MT steel plant in Orissa too.
Reliance Industries (Anil Ambani Group) is putting up the world's largest[citation needed] power plant with an investment of US $13 billion at Hirma in Jharsuguda district
Vedanta Resources’ 1.4 million tonne alumina project in Kalahandi district is the largest investment in aluminium. Vedanta has also announced a $3.2 billion dollar huge private University project on the lines of the Ivy League Universities, which is unprecedented in the history of education in India.

The Central Government has agreed to accord SEZ (Special Economic Zone) status to eight sites in Orissa, among which are Infocity at Bhubaneswar and Paradip. But all these plans are facing massive resistance from the people of the state who mainly depend on agriculture for livelihood. Some vested interests are pushing ahead projects of Mittal, Tata, Vedanta, Birlas causing many human rights violations. In the state setup industrial estate Kalinga Nagar 13 men, women and children were shot dead because they were opposed to a factory on their land. In Jagatsinpur police and armed goons attacked villagers proteseting peacefully. Crude bombs were hurled at an assembly of elderly women also. In Kashipur three tribal people were shot dead by police because they were opposing an aluminium factory on their lands. On 6th November last year 50,000 farmers joined hands to take over Hirakud dam for a day and stop diversion of water to industry.

Infrastructure development

Although Paradip is Orissa's only large port, the coastal towns of Dhamra and Gopalpur are being developed into major ports as well. The government of India has selected the coastal region of Orissa, stretching from Paradip in the north to Gopalpur in the south, to be developed as one of the five or six Special Economic Regions (SERs) of the country. The government of India and the state government of Orissa would work together to erect world class infrastructure in this region along the lines of the Rotterdam, Houston, and Pudong regions. This would stimulate further private investment in petrochemicals, steel, and manufacturing. A recent Morgan Stanley report forecasts that Orissa would be flooded with massive investments for manufacturing related activities in the same manner that Bangalore had attracted software investment in the 1990s. The scale of the investments in Orissa would, however be much higher. As of July 2006, the total planned investment in the state is a whopping $90 billion. This includes some investment in research, education, hospitals, roads, ports, airports, and hotels. There are many multi-state irrigation projects in development, including Godavari River Basin Irrigation Projects.


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Maharashtra



- Over 41% of the S&P CNX 500 conglomerates have corporate offices in Maharashtra.

- Maharastra is second most urbanised state with urban population of 42% of whole population.

- Maharashtra's is India's leading industrial state contributing 15% of national industrial output.

- Mumbai, the capital of Maharashtra and the business capital of India, houses the headquarters of almost all major banks, financial institutions, insurance companies and mutual funds in India.

- Now Maharashtra is the second largest exporter of software with annual exports of Rs 18 000cr (20% of India's software exports).

- Mumbai is also the centre of India's Hindi film and television industry (Bollywood).

- Maharashtra ranks first nationwide in coal-based thermal electricity as well as nuclear electricity generation with national market shares of over 13% and 17% respectively.

- Maharashtra is also introducing Jatropha cultivation and has started a project for the identification of suitable sites for Jatropha plantations.



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Future CEO? Get Your Start In Fixed Income

A fantastic article on Investopedia, explaining roles in fixed-income asset class(finance) markets and qualification neede

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Tuesday, September 09, 2008

What Is .com - What is What is.com

WhatIs.com®

Ivy Wigmore, Content Editor
Alexander B. Howard, Assistant Editor
Margaret Rouse, Director
Lowell Thing, Founder

WhatIs.com® is a knowledge exploration and self-education tool about information technology, especially about the Internet and computers. WhatIs.com contains over 4,500 individual encyclopedic definition/topics, a number of "Fast Reference" pages and learning tools. At WhatIs.com topics contain about 12,000 hyperlinked cross-references between definition-topics and to other sites for further information. WhatIs.com is constantly updated.

WhatIs.com started as a dining room table experiment in hypertext, WhatIs.com quickly turned into a useful repository for what couldn't be easily remembered. WhatIs.com Launched in September 1996 with 350 alphabetized words about computers and the Internet, WhatIs.com's audience grew rapidly, reaching one million page views a month by late 1998. In 1999, PC Magazine editors voted WhatIs.com one of the five best sites about information technology. In January 2000, WhatIs.com was acquired by TechTarget and became a kind of portal for over 16 other information technology Web sites.

By September 2003, WhatIs.com was being visited over a million times a month, serving over 50,000 visitors each business day, and delivering five million page views a month. Much of the value of WhatIs.com derives from its "page bonding" with 16 other specialized TechTarget Web sites that enrich the reader with original IT news, tips and advice from over 100 IT experts, Webcasts, discussions, and white papers.

Today, WhatIs.com increasingly is going beyond "handy look-up" to becoming a place where the IT professional can quickly learn and master new concepts, technologies, skills, and products. Among WhatIs.com's learning tools are a series of fast education 10-step "Learn IT" pages that explain, summarize, cross-refer, and test the reader about a complex subject. WhatIs.com also provides Fast Guides for doing specific tasks, quizzes, a series of Learning Paths in which you can learn by reading definitions in sequence, and a number of popular Fast References, including Every File Format in the World, Mathematical Symbols, and The Speed of...(a table comparing data rates).

Between 75% and 80% of our audience are IT professionals and many of them engage with WhatIs.com. Suggestions, links, and comments have been received from over 10,000 contributors (many listed on our Credits page) representing over 60 countries. WhatIs.com Users can subscribe to a daily "Word-of-the-Day" by registering at WhatIs.com.

Site URL : WHAT IS

source : whatis.com


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Monday, September 08, 2008

Karnataka



Karnataka is the manufacturing hub for some of the largest public sector industries in India, including Hindustan Aeronautics Limited, National Aerospace Laboratories, Bharat Heavy Electricals Limited, Indian Telephone Industries, Bharat Earth Movers Limited and Hindustan Machine Tools, which are based in Bangalore. Many of India's premier science and technology research centers, such as Indian Space Research Organization, Central Power Research Institute ,Bharat Electronics Limited and the Central Food Technological Research Institute, are also headquartered in Karnataka. Mangalore Refinery and Petrochemicals Limited is an oil refinery located in Mangalore.

Since the 1980s, Karnataka has emerged as the pan-Indian leader in the field of IT (information technology). As of 2007, there were nearly 2,000 firms operating out of Karnataka. Many of them, including two of India's biggest software firms, Infosys and Wipro are also headquartered in the state.[65] Exports from these firms exceeded Rs. 50,000 crores ($12.5 billion) in 2006-07, accounting for nearly 38% of all IT exports from India.[65] All this has earned the state capital, Bangalore, the sobriquet Silicon Valley of India.[66]

Seven of India's leading banks, Canara Bank, Syndicate Bank, Corporation Bank, Vijaya Bank, Karnataka Bank, Vysya Bank and the State Bank of Mysore originated in this state.[69] The coastal districts of Udupi and Dakshina Kannada have a branch for every 500 persons -- the best distribution of banks in India.[70] As of March 2002, Karnataka had 4767 branches of different banks with each branch serving 11,000 persons, which is lower than the national average of 16,000.



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Infosys, Wipro make a debut in Warren Buffett's portfolio

At least a benchmark that we can be proud of

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A Hyde-bound waiver?

Our condition after NSG

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Jharkhand


Jharkhand's gross state domestic product for 2004 is estimated at $14 billion at current prices. Born out of partition from old Bihar state in 2000, Jharkhand produces about 70% of the output of the old Bihar state. Since it is rich in minerals, the state per capita income is likely to increase in the coming years.

Jharkhand has a concentration of some of the country’s highly industrialized cities such as Jamshedpur, Ranchi, Bokaro and Dhanbad. It also has several firsts in India, including:

  • Largest fertilizer factory of its time in India (since shut down) at Sindri
  • First Iron & steel factory at Jamshedpur
  • Largest Steel plant in Asia, Bokaro steel plant.
  • Biggest explosives factory at Gomia
  • First methane gas well
    ,It has several towns and innumerable villages with civic amenities. Urbanization ratio is 42.25% and the per capita annual income is US$ 1,490.
Jharkhand also has immense mineral resources: minerals ranging from (ranking in the country within bracket) from iron ore (1st), coal (3rd), copper ore (1st), mica (1st), bauxite (3rd), Manganese, limestone, china clay, fire clay, graphite (8th), kainite (1st), chromite (2nd), asbestos (1st), thorium (3rd), sillimanite, uranium (Jaduguda mines, Narwa Pahar) (1st) and even gold (Rakha mines) (6th) and silver and several other minerals. Large deposits of coal and iron ore support concentration of industry, in centers like Jamshedpur, Bokaro and Ranchi. Tata Steel, a S&P CNX 500 conglomerate has its corporate office in Jharkhand. It reported a gross income of Rs.204,910 million for 2005.[cit


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Haryana



Haryana is financially healthy.

Haryana had a fiscal deficit of 0.6 per cent in financial year 2006-07.[9]

Haryana tops the list in terms of per capita investment in the fiscal year 2007 with an investment of Rs 1,86,045 crore.[10][11]

Ninety-three of top Fortune 100 companies with their corporate offices and production bases already in Haryana.[12]

Haryana, carved out of Punjab and known as its poor cousin, has edged past the state on most parameters of economic development[13].

Haryana has the largest number of rural crorepatis in India.[14]

In 2006-07 Haryana received a foreign direct investment projects of over Rs 11,000 crore in the state and corporate sector.

Reliance Ventures, a group company of India's largest private sector company Reliance Industries will set up a multi-product special economic zone in Haryana.[15]

At an investment of Rs 40,000 crore, the project will be India's largest SEZ spread over 25,000 acres.[15][16]

The state has a developed banking system with over 4500 bank branches.


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Gujarat



  • 19% of India's Industrial Output
  • 10% of its Mineral Production
  • 20% of its exports
  • 25% of its textile production
  • 40% of India's pharmaceutical products
  • 47% petrochemical production
  • Largest Sea shore, 1670 km.
The worlds largest ship breaking yard is in Gujarat near Bhavnagar at Alang

oil refinery at Jamnagar which is the world's largest grass-roots refineries.

Gujarat ranks first nationwide in gas-based thermal electricity generation with national market share of over 8% and

second nationwide in nuclear electricity generation with national market share of over 1%.

Over 20% of the S&P CNX 500 conglomerates have corporate offices in Gujarat.

As per RBI report, in year 2006-07, 26% out of total bank finance in India was in Gujarat.




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Tribute to Thomas Bata



Son of Tomas Bata(founder of Bata Shoes) also known as Tomas Bata Jr. and Tomáš Baťa ml., ran the Bata Shoe Company from the 1940s until the '80s.

Bata Shoes (Czech: BaÅ¥a or BaÅ¥ovy závody) is a large, family owned shoe company. It is currently headquartered in Lausanne, Switzerland, and operates 4 business units worldwide – Bata Europe, Bata Asia Pacific-Africa, Bata Latin America and Bata North America. It has retail presence in over 50 countries, production facilities in 26 countries. In its history the company has sold 14 billion pairs of shoes.

learn more: Bata the Brand

source : Wikipedia, BataIndia, LiveMint

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Sunday, September 07, 2008

Boeing suffering

Boeing shutting down its factory

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Yves La Rock - Rise Up

My dream is to fly
Over the rainbow so high
Rise up
Don't falling down again
Rise up
Long time I broke the chains
I try to fly a while, so high
Direction's sky
I try to fly a while, so high
Direction's sky
My dream is to fly
Over the rainbow so high
Rise up, rise up, rise up
We'll meet again
Rise up, rise up, rise up
From my mind and my brain


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Friday, September 05, 2008

Fridays : Quiz time

Q.1- First woman director on Board of LnT
Rajashree Birla w/o Aditya Birla

Q.2 - Serial on Sudha Murthy's Book
Dollar Bahu is the serial shown on zee tv

Q.3 - Founder of Nirma
Karsanbhai Patel

Q.4 - Nusli Wadia is GrandSon of which famous Policitcian
Nusli wadia is the grandson of Jinnah

please answer through Comments
answers on sunday

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Tuesday, September 02, 2008

National Innovation Foundation

The Department of Science and Technology help establish the National Innovation Foundation (NIF) of India, on Feb 28th 2000, with the main goal of providing institutional support in scouting, spawning, sustaining and scaling up grassroots green innovations and helping their transition to self supporting activities.

National Innovation Foundation has a Governing Council chaired by Dr. R. A. Mashelkar, Former Director General CSIR. and President Global Research Alliance. Professor Anil K. Gupta, President SRISTI and Professor Indian Institute of Management Ahmedabad, is the Executive Vice Chairperson of National Innovation Foundation.

For the last seventeen years the Honeybee Network and Society for Research and Initiatives for Sustainable Technologies and Institutions (SRISTI) have been scouting innovations by farmers, artisans, women, etc. at the grassroots level.

Gujarat Grassroots Innovations Augmentation Network (GIAN) scales up innovations, from the Honey Bee database of innovations, through value additions in innovations to sustain creativity and ethics of experimentation. GIAN was conceived at the International Conference on Creativity and Innovation at Grassroots (ICCIG), jointly organized by IIM Ahmedabad and SRISTI.

The Honey Bee database of 10,000 innovations, collected and documented by SRISTI, would be part of the National Register of Innovations to be managed and supported by National Innovation Foundation .

site URL : NIF

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Monday, September 01, 2008

Horlicks

Horlicks is the name of a company and a malted milk hot drink, which is claimed to promote sleep when consumed at bedtime. It is manufactured by GlaxoSmithKline in the United Kingdom, India and Jamaica.

India is by far the biggest market for Horlicks, where it has traditionally been marketed as "The Great Family Nourisher." New products have been developed specifically for India, such as alternative flavours and special formulations for young children and breast-feeding mothers. Claims by GlaxoSmithKline India in 2005 that Horlicks encourages growth and alertness in children have, however, caused some controversy. Horlicks in India is one of the most trusted brands as independently measured by leading publications. Horlicks is available in many different variants in India. The traditional Horlicks is positioned as the "Great Family Nourisher" and is used by families. Junior Horlicks 1-2-3 is a large extension that is specially designed for pre-school children. Horlicks is also available as biscuits. In 2005, Horlicks Lite was also introduced targeting older consumers and does not contain any cholesterol or added sucrose.

In the UK, GlaxoSmithKline attempted a rebrand of the product in 2004 for younger consumers by redesigning the packaging and publicising its consumption at a number of trendy London venues such as the Groucho Club.

more, with the mint article, on this link : HORLICKS


source : Horlicks, Wikipedia, livemint


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'IIM-A technocrats innovate products for commercial use'

Innovation has began

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Zig Ziglar's Renowned International Program Series

Instill in Your Employees the Strategies for Success

Presenting Zig Ziglar's Renowned International Program Series

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