Dr. Manmonhan Singh, the 76 year old Economist of India is now hospitalized after complaints of fatigue and chest pain, a busy schedule can also be a reason despite the age factor.
PMO confirmed, a coronary artery bypass graft surgery is to be performed by a team of 6/8 expert surgeons in Delhi comprising of doctors from All India Institute of Medical Sciences (AIIMS) and the Asian Heart Institute (AHI) Mumbai.
Indian Prime minister previously had bypass surgery in 1990 and an angioplasty in 2004.
After an estimated 6 hours of marathon heart operation basically to free the blocked arteries on saturday, it will take him approximate four weeks of rest and recovery time after this critical operation.
For the mean time the decisions are to be taken by a senior leadership and mainly by Pranab Mukherjee as the senior-most leader holding the portfolio of external affairs minister. Pranab will also take care of the Finance ministry.
While Mr. Mukherjee is not been given an official title of PM, the republic day celebrations will be presided by Vice President Shri Mohammad Hamid Ansari and President of India Smt. Pratibha Patil.
The Congress leadership is also worried about the forthcoming general election which is due by May and the candidate to be promoted as the next prime ministerial candidate.
The country wishes and prays for the honest man, get well soon Sir!
More info about political news and tricks at polltricks
Saturday, January 24, 2009
Tuesday, January 20, 2009
Blogs collection - List of blogs for reference
Checkout my new blogs, each and everyone is carefully designed as per the subject and theme.
Blog Theme : Chess
http://chessglobal.blogspot.com
Chess Information : India - World - FIDE - Matches
Blog Theme : Cricket
http://fundoocricket.blogspot.com/
Cricket - Test Matches One Day Internationals 2020
Blog Theme : Jobs
http://jobnewsindia.blogspot.com
Jobs, Job news, Vacancies, Employment, Indian jobs
Blog Theme : Arts
http://lovesketching.blogspot.com/
Sketching Drawing Painting Artists News Events Exhibitions India Abroad
Blog Theme : Whatever comes to mind
http://myfavpost.blogspot.com
Latest India News Stories Culture Business Jobs Technology Sports and You
Blog Theme : SEO SEM resource
http://rankingsense.blogspot.com
Learn - SEO India Search Marketing SEM Tips & Technologies
Blog Theme : Movies Entertainment
http://vote4movie.blogspot.com/
Movies Bollywood Hollywood Indian Western Reviews
Blog Theme : Politics Elections
http://polltricks.blogspot.com/
Politics Democracy Social Justice Government India
Blog Theme : Chess
http://chessglobal.blogspot.com
Chess Information : India - World - FIDE - Matches
Blog Theme : Cricket
http://fundoocricket.blogspot.com/
Cricket - Test Matches One Day Internationals 2020
Blog Theme : Jobs
http://jobnewsindia.blogspot.com
Jobs, Job news, Vacancies, Employment, Indian jobs
Blog Theme : Arts
http://lovesketching.blogspot.com/
Sketching Drawing Painting Artists News Events Exhibitions India Abroad
Blog Theme : Whatever comes to mind
http://myfavpost.blogspot.com
Latest India News Stories Culture Business Jobs Technology Sports and You
Blog Theme : SEO SEM resource
http://rankingsense.blogspot.com
Learn - SEO India Search Marketing SEM Tips & Technologies
Blog Theme : Movies Entertainment
http://vote4movie.blogspot.com/
Movies Bollywood Hollywood Indian Western Reviews
Blog Theme : Politics Elections
http://polltricks.blogspot.com/
Politics Democracy Social Justice Government India
Monday, January 19, 2009
Jobcuts and competition : Humor style
The tragedy of losing jobs in India and around the world has taken a poetic turn.
Just now got a forwarded email by a friend as how bad the job search situation is in India.
This is a hindi poem, and somehow depicting the tragic no-employment situation in a comic manner:
Just now got a forwarded email by a friend as how bad the job search situation is in India.
This is a hindi poem, and somehow depicting the tragic no-employment situation in a comic manner:
Tuesday, January 13, 2009
Best Resume Contest | Send now!!
Hi All,
Get set to participate in a unique contest from JobXLNC.com. Our reliable job search portal introduces a novel contest for "a resume writer" in every one of you.
Participate in the "Best Resume Contest ", and have a great chance to win Apple Ipods, Nokia Phones, NewFunda T-shirts, movie DVD's, and lot more!
Salient Points of the contest:
1. It is absolutely free for every one
2. You can submit any numbers of resumes as you wish.
3. Resumes should be in MS word (.doc) format only.
4. Size of the resume file should be maximum 100 KB.
What are you waiting for then? Gather all your resume writing skill and send your entries as soon as possible to jobxlnc @ yahoo.co.in
Hurry!!! The contest is for limited time!!!! And your time starts now!!!
Please note:All decisions pertaining to results (including reject / accept / award) will be finalized by the editorial panel comprising of CEO's, Project Managers, HR consultants and Professionals from various walks of business.
Get set to participate in a unique contest from JobXLNC.com. Our reliable job search portal introduces a novel contest for "a resume writer" in every one of you.
Participate in the "Best Resume Contest ", and have a great chance to win Apple Ipods, Nokia Phones, NewFunda T-shirts, movie DVD's, and lot more!
Salient Points of the contest:
1. It is absolutely free for every one
2. You can submit any numbers of resumes as you wish.
3. Resumes should be in MS word (.doc) format only.
4. Size of the resume file should be maximum 100 KB.
What are you waiting for then? Gather all your resume writing skill and send your entries as soon as possible to jobxlnc @ yahoo.co.in
Hurry!!! The contest is for limited time!!!! And your time starts now!!!
Please note:All decisions pertaining to results (including reject / accept / award) will be finalized by the editorial panel comprising of CEO's, Project Managers, HR consultants and Professionals from various walks of business.
Monday, January 12, 2009
World bank to ban 3 Indian companies soon
The world bank is again firing a salvo at the Indian IT industry's top companies.
As per the latest report from yahoo, the premier global bank will be publishing a black-list of Indian companies to work for.
IBNLive reports with the names:
Here is the complete story :
As per the latest report from yahoo, the premier global bank will be publishing a black-list of Indian companies to work for.
IBNLive reports with the names:
Washington: The World Bank said on Sunday it plans to publish the names of all companies it bars from receiving bank contracts, and named three Indian firms.
"There are currently three companies that (have) been debarred along with their affiliates under the Bank group's corporate procurement program," the bank said in a statement.
It said it had barred IT company Satyam Computer Services for eight years and Wipro Technologies for four years for "improper benefits to bank staff".
Previously,Here is the complete story :
The World Bank on Sunday said it plans to publish in the future the names of all companies it bans from doing work with the poverty-fighting institution, and immediately listed three Indian companies.
The Bank said the move aligns its disclosure practices for companies involved in wrongdoing that work on development projects financed by the World Bank and those that provide goods and services directly to the institution.
"This change was made in the interest of fairness and transparency," the Washington-based lender said in a statement.
Until now, the World Bank has only published the names of debarred companies involved in Bank-financed projects, but has not listed blacklisted firms that receive direct contracts from the institution under its corporate procurement program.
"There are currently three companies that have been debarred along with their affiliates under the Bank Group's corporate procurement program," the Bank said.
Hope for the best as recession is taking its toll in India, followed by terrorist attacks and the latest Satyam CEO fraud.
Wednesday, January 7, 2009
Satyam's Ramalinga Raju resigns, fraud detected
Satyam is a leading global business and information technology company, delivering consulting, systems integration, and outsourcing solutions to clients in over 20 industries.
was an unconfirmed news that ADAG, Mahindra BT, L&T Infotech may team up with PEs for Satyam stake.
Now the CEO of Satyam has resigned,
Recent update:
Satyam related news:
The stock just crashed from 180 to 30 approximately.
Here is a screenshot from rediff business
According to yahoo news report,
Satyam Computers Founder and Chairman Ramalinga Raju has resigned from the Board. Raju has put in his papers and is waiting for the Board's decision.
Satyam has been in news lately because of the Maytas deal. The resignation comes with shocking revelations from the Raju himself.
Confessing to fraud, Raju has written a letter to the board giving details of how the balance sheet has inflated cash balances of Rs 5040 crore and accrued interest of Rs 376 crore is non-existent. Rs 1230 crore was arranged to Satyam and is not reflected in the books.
"I am now prepared to subject myself to the laws of the land and face consequences thereof", the letter said.
Raju has suggested Ram Maynampati as the interim CEO
Securities and Exchange Board of India (SEBI) says that the letter has important implications for the markets and investigation is required to find out who else is involved in this fraud.
read the full news here
Some Quick facts about Satyam:
Established on: June 24, 1987
Global Headquarters: Hyderabad, India
Services Offered:
Application Services, BI & PM, Business Process Outsourcing, Business Value Enhancement, Consulting and Enterprise Solutions, Infrastructure Management Services, Integrated Engineering Solutions, MES and LIMS, Oracle Solutions, Product and Application Testing, Product Lifecycle Management(PLM), SAP Solutions, Six Sigma Consulting, Supplier Relationship Management, and Supply Chain Management.
Development Centers:
Bangalore, Basingstoke, Beijing, Bhubaneswar, Budapest, California, Chennai, Chicago, Dalian, Georgia, Guangzhou, Gurgaon, Hartford, Hyderabad, Kuala Lumpur, Melbourne, Mumbai, Munich, Mississauga, New Jersey, Ontario, Pune, Sao Paulo, Shanghai, Singapore, Sydney, Tokyo, Wiesbaden.
Subsidiaries:
* Satyam BPO
* Citisoft
* CA Satyam
* STI
* China
* Bridge Consultancy
Joint Ventures:
# Satyam Venture Engineering Services Pvt. Ltd.
Financial Summary:
Consolidated Indian GAAP Highlights for FY 2008:
# Revenue: Rs. 8,473.49 crore; a growth of 30.7% over fiscal 2007
# Net Profit after Tax: Rs. 1,687.89 crore; a growth of 20.2 % over fiscal 2007
Employee strength:
# 52,865* (Including employees in subsidiaries and joint ventures)
* Figures as of September 30, 2008
was an unconfirmed news that ADAG, Mahindra BT, L&T Infotech may team up with PEs for Satyam stake.
Now the CEO of Satyam has resigned,
Recent update:
Satyam related news:
The stock just crashed from 180 to 30 approximately.
Here is a screenshot from rediff business
According to yahoo news report,
Satyam Computers Founder and Chairman Ramalinga Raju has resigned from the Board. Raju has put in his papers and is waiting for the Board's decision.
Satyam has been in news lately because of the Maytas deal. The resignation comes with shocking revelations from the Raju himself.
Confessing to fraud, Raju has written a letter to the board giving details of how the balance sheet has inflated cash balances of Rs 5040 crore and accrued interest of Rs 376 crore is non-existent. Rs 1230 crore was arranged to Satyam and is not reflected in the books.
"I am now prepared to subject myself to the laws of the land and face consequences thereof", the letter said.
Raju has suggested Ram Maynampati as the interim CEO
Securities and Exchange Board of India (SEBI) says that the letter has important implications for the markets and investigation is required to find out who else is involved in this fraud.
read the full news here
Some Quick facts about Satyam:
Established on: June 24, 1987
Global Headquarters: Hyderabad, India
Services Offered:
Application Services, BI & PM, Business Process Outsourcing, Business Value Enhancement, Consulting and Enterprise Solutions, Infrastructure Management Services, Integrated Engineering Solutions, MES and LIMS, Oracle Solutions, Product and Application Testing, Product Lifecycle Management(PLM), SAP Solutions, Six Sigma Consulting, Supplier Relationship Management, and Supply Chain Management.
Development Centers:
Bangalore, Basingstoke, Beijing, Bhubaneswar, Budapest, California, Chennai, Chicago, Dalian, Georgia, Guangzhou, Gurgaon, Hartford, Hyderabad, Kuala Lumpur, Melbourne, Mumbai, Munich, Mississauga, New Jersey, Ontario, Pune, Sao Paulo, Shanghai, Singapore, Sydney, Tokyo, Wiesbaden.
Subsidiaries:
* Satyam BPO
* Citisoft
* CA Satyam
* STI
* China
* Bridge Consultancy
Joint Ventures:
# Satyam Venture Engineering Services Pvt. Ltd.
Financial Summary:
Consolidated Indian GAAP Highlights for FY 2008:
# Revenue: Rs. 8,473.49 crore; a growth of 30.7% over fiscal 2007
# Net Profit after Tax: Rs. 1,687.89 crore; a growth of 20.2 % over fiscal 2007
Employee strength:
# 52,865* (Including employees in subsidiaries and joint ventures)
* Figures as of September 30, 2008
Indian Real Estate News : Check before you buy!!
Looking to buy a property ( flat / home) from any builder in recent time?
As the real-estate market is full with offers showing the downfall in the bookings, here is one article from moneycontrol which shows consumers looking for house buying option must be careful, there are some un-real things in real-estate buy:
From freebies, things have now moved to price cuts, which are now seen in the home property market
. Developers are offering a 10% price cut for a few days. The catchphrase, though, is that the price cuts are mainly only for ‘to be developed’ properties and cuts for developed structures are few. Several builders have announced good bookings through these cuts.
One more thing that needs to be watched out is: the Maharashtra Housing
Policy states that sales purchase transactions should be in terms of carpet area — the policy was implemented in mid 2007. However, all flats sold by builders are done on super built-up areas. The carpet area is about 60-65% of the super built-up area. This makes flats 60% expensive than what is offered and the per-square-foot rate on carpet area is 60% expensive that what is advertised — you will be paying about Rs 4,600 per square foot (psf) instead of Rs 3,000 psf.
read the full report here
Those who dont know the terms about real-estate here are some of them:
Acquisition and Development Loan
A loan for the purchase and preparation of raw land for development. Usually a construction loan or land sale is the source of repayment.
Amenities
Parks, swimming pools, health-club facilities, party rooms, bike paths, community centers and other enticements offered by builders of planned developments.
Agreement of Sale
A document the buyer initiates and the seller approves that details the price and terms of the transaction.
Broker
A broker is anyone who acts as an agent, bringing two parties together for any type of transaction and earns a fee for doing so.
Construction Loan
Also called Building Loan. A short-term, interim loan (only paid to registered builders) for financing the cost of construction. The lender makes payments to the builder at periodic intervals as work progresses.
Get more of real estate glossary here
As the real-estate market is full with offers showing the downfall in the bookings, here is one article from moneycontrol which shows consumers looking for house buying option must be careful, there are some un-real things in real-estate buy:
From freebies, things have now moved to price cuts, which are now seen in the home property market
. Developers are offering a 10% price cut for a few days. The catchphrase, though, is that the price cuts are mainly only for ‘to be developed’ properties and cuts for developed structures are few. Several builders have announced good bookings through these cuts.
One more thing that needs to be watched out is: the Maharashtra Housing
Policy states that sales purchase transactions should be in terms of carpet area — the policy was implemented in mid 2007. However, all flats sold by builders are done on super built-up areas. The carpet area is about 60-65% of the super built-up area. This makes flats 60% expensive than what is offered and the per-square-foot rate on carpet area is 60% expensive that what is advertised — you will be paying about Rs 4,600 per square foot (psf) instead of Rs 3,000 psf.
read the full report here
Those who dont know the terms about real-estate here are some of them:
Acquisition and Development Loan
A loan for the purchase and preparation of raw land for development. Usually a construction loan or land sale is the source of repayment.
Amenities
Parks, swimming pools, health-club facilities, party rooms, bike paths, community centers and other enticements offered by builders of planned developments.
Agreement of Sale
A document the buyer initiates and the seller approves that details the price and terms of the transaction.
Broker
A broker is anyone who acts as an agent, bringing two parties together for any type of transaction and earns a fee for doing so.
Construction Loan
Also called Building Loan. A short-term, interim loan (only paid to registered builders) for financing the cost of construction. The lender makes payments to the builder at periodic intervals as work progresses.
Get more of real estate glossary here
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