Nandan Nilekani Quits Infy

Nandan Nilekani will relinquish the position of co-chairman and member of the board at Infosys.
Nandan Nilekani is goin to take charge of of the Unique Identification Authority of India (UIDAI).
Nandan Nilekani will be appointed as a chairperson in the rank of cabinet minister.

Full Story on : CXOtoday

Inflation Check

This post will do the inflation check every week. Assuming that I have IN Rs.1000/- what all I can buy from this amount.

We have always heard from our parents that during our days the loaf of bread cost 50 Paise, now it is around Rs 12/-.

We never ever had facts as to how much it appreciated across these many years at least quarter on quarter.

So I thought of documenting every Friday, what all I can buy from the same 1000 Rs. without it being invested.

What better than today when it hit 30 years low and went to a so called DEFLATION. The number went as high as 12.93 on 2 Aug 2008 to as low as -1.6 today [TOI]

So here is the list what I can buy from Rs 1000/-

1 - One Peter England shirt
2 - One Provogue T Shirt
3 - One Telephone Instrument from Beetel
4 - 8GB Pen Drive
5 -