recruitement blues.....trun of IITS

The placements across IITs are on...but thsi year its a kind of preposterous situtation.......normally the season is ove by march ..but this time it is expected to go to june..........Currently 60% of students across IITs are waiting to get job offers.......jsut killing itme........IIT Kharagpur invited 2000 companis but till nwo only 230 have come...., IIT kanpur till now has placed only 46$ of its students......IIT madras 1000students are still to ge tany offers.........The experts say that it s all because of ongoing turmokil in global economy and financial crises and slackging demand ...cost cutting...

Q3 rsults shadow of Crises

Q3 rsults of majority of India Inc. is in line with expectations....falling topline along with weak bottomline is a harbindger of things to come......except of ffw corporates like Bharti, Ril , SBI others have been mere shasdow oftheir last YoY results.......
Economists are saying ths would contintue for long into 09 .......

job cuts

arond 1 lack jobs were lost in pst week......as per reports of vafious companies dcaring reduction in heandcounts on account of falling demand and tightening credit conditions....

Toyota's Camry plans

Toyota may produce Camry in India....It is expected that Toyota is planning to bring production of Camry to india...Thsi would mean a reduction or price of Camry by 4-5 lacs if entier benefit is passed to customer....

at presetn Camry is Toyota's premium band and comptes with lieks of Mercedes C class, Skoda Superb...having market of 500 units per annum.....

if its price is reduced it would fight with Accord by Honda, Skoda's Laura, whi hc form part of 2500 units per annum EXEC car market.......

Race for Fidelity's captive 'bPO unit

infosys, india's second largest company IT in terms of revenues and US giant, IBM are locked in a tight battle to acquire captive BPO oarm of Fidelity, the world' largest MF company....The deal is valued at around 150-180 milion USD ...in return for assured business outsourcing contract.......other bidders involved were Captgemini, BCG, HP-EDS.....IBM offered 150 million USD to which infosys conter by saying 180 million USD.........

I' Gate also was in fray but later backed out due to stiff condtiosn laid by Fidelity......

some think that IBM has advantage over infy inspite of its less bid price because of IBM's old relations with Fidelity, Fidelity and IBM had come toghether to form Fidelity employers services company, around 15-20 years ago...... 2 such deals have already been stuck earlier..
1. Aviva solding out to WNS holdings for $228 Million fotr its captive backoffice operations for assured 1 bilion USd business spread over 8 yeras,
2.TCS acquired CITI 's BPO fo $505 million inretrum for assured busines of 2.5 bilioj USD over 9 yerars...
3. citi's captvi ujit by Wipreo( CITOS) citigroup technology servies, for assured business of $1 Billion over 6 yerars....wipro paid 127m ilion $....

Apple delights::::records highest ever quarterly revenue

Apple, the iconic US IT brand has posted its highest ever Quarterly revenues, $10.17 Billion on bakc of recored I Phone and I pod sales as wellas robust Macintaosh computer sales......The company sold a recored number of 22.72 million i pods and 4.36 million I phones......

L&T hikes stake in Satyamto 12%

L&T, thel argest capital company in india, has hiked its stake in satyam thru its subsidiary L&T capital services to 12%.......in an intervies with TV channel AM naik, CEO of Group said that the stake was hike to reduce the cost of eqrlier acquisistion of 4 % stake.......Althought L&T has admitted that it would like to acuiqre Satyam once legal issues become clear...As of now it seems that stake hike was to average the cost of acqusition of earlier stake....L&T has made clear that it does not want to interfere with the board at this stage and is not much eager to have a representative on teh board of Satyam......

What does new Amerian Administratin mean to India??

As tBarack obama starts his course of leading US the exuberence of his being elected president which was felt in Indian diaspora in India would slowly start fading when the Realties, complexities limits of excercising poswers beging to manifest itself on Obama Administartion:.......in a recent policy document there was no meniotion of India which raised quite a few eyebrows especialy after India US rlations entered a New Trajectory after N.Deal.....in a campaigh spceech obama even related kashmir issue to solfing terrorism in Afghanistand.....now waht does obama administartion mean to india

1. US wil want every help from china to take steps to help US to shove away recession......at the time of Bush US was helping india so as to Cuonter China in India......now obama's priority twil be to stop erosion of US economy and fight aling with china to counter REcession...
2. Due to Afghan Pakistan would be persistent Ally of US as also Pakistan would put pressure on American for support over kashmir issue by ensuring support on fighting terrorism in Afthan..
3. Obama Admin would discourage outsourcing and this would mean few rer American jobs outsourcee in idnia..whic would ofcourse not please INdia INC.
4. Intention to pursue with CTBT, FMCT( Fissile material Cut Off) would open old wounds .......Democrats havealways been supporterso f Non Proliferation and CTBT......
All

NIMBUPANI byPEPSI

Pepsi is all set to launch Nimbupani at the advent of comint summers......Incidentally this coincides with CEO Indra Nooyi's visiontohave a balanced portfolio on in india....she has lways chmapioned the cause of helath drinks in idia....calling them as good for people or better for people and calling Snacks and Colas as Fun foods............It will again set a war between biggest Rival Colc Caola which has also announced of launching similar type of helath drinds...Health drink industry is growing at rae of 20-30% in indai...wiht brands alike Tropicana( PEPSICO) and REal(DABUR).......But since Tropicana is a premium juice brand so in ordre to fill the milddle market pepsi decided to launch nimbupani and also due to Stagnating sales in Soda segment......

Raju Admists money being diverted to REal Esatate

R. Raju, the estranged CEO of in trouble Software Giant, Satyam Computers has admitted that the money from SAtyam was diverted into real estate ...in order to make big in booming real Estate market......these transactiosn were done trhu Benami A/C's...........Raju admitted when he was interrogated by CID....

Lessons to be learnt and implemented from THE GREAT CONTEMPORARY CRISIS

for most of us this would be the biggest Financial crises of their lives ( except for Octogenarians and Nonagenarians)..........The crises started from Wall Street and spread to Main Street and whole world is now reeling under its effect ...with signs of recovery as of now inspite of Gargantuan Bailout packages by Economies across the Globe........But there are few lessons to be learnt from this crises ............in order to avert any such kind of Disaster once we recover...

1. it should be understood that if few institutiosn are so Big or Crucial or Important for a Country that those should be Bailed Out from the MESS into which they ahve landed themselves using TAXPAYWERS money then it becomes absolutely necessary that these institutions should come under lens of REgulatory bodies and not allowed to spin out of Control....

2. The Role of Credit Agencies needs to be reviewed. Sometimes same Credit Agencies also functions as Advisories to Corporates...So they give good ratings to Corporates in order to get Advisory Business from them......even though the Corporates are not eligible for high Credit Ratings........The mistake becomes even more painful when in hassle to make amends these RATING Agencies publicly threaten to downgrade thee Companies....further deteriorating their hances of raising money in this Confidence lacking lending Conditions....

3. But the biggest factor which still is denied b many in West is vast amound of Trade Deficits and CAD's which Amerca is running and correspondintly China is running huge amounts of Surpluses............

America should not allow Dollar To appreciate as thsi would make the exports incompetent and China should increase its self consumptions and stop dumping products in America..........it should not allow its Renminbi to Depreciate so much.............

The present environment is a very different situation and synchronised efforts of natinos and govt. , banks is required to pass thru these tought times and set example for future generations........

SAIL sails...abd saves,,,

It is expected that the Indian Steel Major PSU, Sail can save upto 26000 Crores on expansion plans........at the begining ofthis year it was expected that the cost would be around 80K crore due to Over booked Ezuipment makers in Europe.....but due to meltdown or slowdown it is expected that CAPEX would be completed by 54000 Crores only.....A PSU official told on condition of anonymity....

Getting Bored???Do the following exercise.

1.Lord-Thaw
2.Avow-Crap
3.Same-Font

Convert the words on the LHS to the words on the Rhs by changing a single letter each time to make a proper word and keep getting closer to the word on the RHS.u can use any number of words to complete the exercise


NOTE:Solutions will be posted soon.

Ur opinion on Slum Dod Millionaire??????????

U guys might have seen the movie....There r some parochial opinions according 2 which this movie is meant 2 criticise India and show the poverty which exists in our country.Its time 4 u 2 comment whether as an Indian ur feelings were hurt during or after watching the movie.All opinions will b taken in good spirit.

TAX SAVING SEASON arrives:

hello....
most of us indians who have to pay Tax will be trugning their minds these days over various plans and ways to invest into Tax Saving Instruments.....so lets take a viw of various options available in market....

1. Provident Funds- these offer a return of 8.5%......annually..the there is also tax exemptino on interest earlened....
2. NSC- Nationals Saving Certificates..- interest earned is taxable...
3. ELSS- Equit linked Saving instruments---These are certain type of instruemtns which invest your jomoney in equity markets and also provided benefit under section 80/C of Indian Govt.
4. Then there are of course varioius insurance plans availble.......ULIPS and tohers......may be pension plans...also...
5. Bonds issued by IDBI and NABARD.....

please address if there is any other option available...comments are most welcome and wanted.........

Restructuring of CITI

Citi gropu posted a qauarterly loss of around 8 Bilion dollars......on account of high risk securities and abad loans...Citi has taken diecision to split its business into tw o gropus.....Citiholdings and CitiCorp...Citi holdings will take care of riskier business while citicorp would be taking care of Banking.....

New CEO of Yahoo inc.

C.Bartz will be the new CEO of Yahoo......he is a veteran of Silicon Valley and i s known to be quite clear acut and focussed ......

Character comes out in crisis(A small article by ur humble servant)

character comes out incrisis-it has been an adage that "to test the purity of gold,u have 2 plunge it in fire.this is analogous to humans ,"greedy corporates" and "almost all indian politicians".it is in nature of hte human biengs to perform a misdeed in their worst of crisis to somehow rise above their situation.the satyam ceo mr r.raju has left for an exemplary situation for us to admire.he did something which was adhoc and would have got him out of his woes if it would not have been the unlucky knife hanging on his head.it was the time of crisis htat disturbed mr rajus conscience and digestion. on the other ahnd ,we see that in the time of crisis some mentally tough ppl exhibit abold charaacter and come out of the crisis by sticking to their principles and not violating any rules of the government and to displease their near and dear ones.such ppl are the one who have a true identity and will not let go of their self esteem whatsoever.eg mr singh and the nuclear deal(though we are still not clear whether that was a boon or a boondoggle!).but the determination shown by mr singh was incredible.similarly taking ratan tata,a man of his class could have easily snatched away the land from mamta"banter-jee",but he did not transcend the law and quickly found shelter in mr modis illaka.the above lines justify the close relation between character and crisis.

Who is this legend?

WORD POWER

Give the meanings of the following words(BE HONEST)
1.Regicide
2.obstreperous
3.sycophant
4.termagant
5.carte blanch
6.parsimony
7.adroit
8.nave
9.duress
10.juxtaposed NOTE:Answers will be posted in due course of time.

Accounting section at IIM-A

BIZ QUIZ

1.Amitabh Bachchan,Aishwarya Rai and Raj Babbar are Directors of which same business entity?
2.J.Sainsburry is whatkind of a brand?
3.Allan Border was the brand ambassador of which Indian brand?
4.In 1996,the entire West Indies team was the brand ambassador of a brand.Name it.
5.Which company made the logo"LABOUR IS NOT WORKING"?


Try answering these questions.Answers will be posted in due course of time.

BEST OF LUCK

Once in a "blue moon" creatures!

How did u fair in CAT awareness freaks??

All u smarties post ur CAT percentiles and let all know to which IIM u belong!!!!!!(Those who dint make it can also post!)Those who got calls from B-schools,watch out on the blog for tips 4 cracking the GD and personal interview.Best of luck for the exams ahead!

objectives of this blog-

sup guys!!welcome to the blog.the main reason i have made this blog is 2 get all aware and creative ppl under one roof.here we r going 2 discuss the current issues like-current affairs,stock market,brands,real estate,sports,B-schools,technical instis,movies ,novels,magazines and individual ideas and opinions.i want 2 share ideas and big-thoughts with an intelligent audience .the opinions v make after reading the news paper daily will b most welcome on the blog.basically info about the latest stuff going around in the world is awaited.ppl posting their enterprising ideas is what this blog seeks.
on the other hand v will have quizes and play word games in order 2 develope our grey matter!learning of different words will b promoted on this blog and discussions and debates will b most welcome though without creating a dissension of some sort.so.....lets start of with our journey to awareness and creativity!



NOTE:pls pardon grammatical and spelling mistakes.