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ICSA
Reply By Be and Make
Date: 9th Nov, 2009 - 11:51
BSE: Rs 168.20 ( -0.06 % ), NSE: Rs. 168.25 ( -0.27 % )
Addressed to Kalidas, ar_akm, avishree, BullSheetRules, chief_kamani, coolboy007, dineshsahay, DUstocks, flashstock05, treasureddhan, neeguya, KJP, sbalu, K.N.Pillai16968, kadiyali, kano123, KARUNAS, KFactor, knair, marketman, psgs, NAUGHTY007, radhika_nandlal, sambala, santhosho, snvaish, sp.palo, Sriman35, marketbear, supreet34, Varner, Bysani, vivek.cdma, vkk43
Dear Manpsing – Yes, you raised a very valid question! In the stock market investors most of times fail due to the wrong timing means they are buying when they required to sell and vice-versa. The company MD itself stating that upcoming half year is not good then how these investors can bet at the current levels?
The stock should re-rate now; it will not rise from the current levels for sure. The up side is capped around the 178/- levels but the down side is little wider hence risk versus return is favoring down side for short term.
With thanks
Be and make
...
Addressed to Kalidas, ar_akm, avishree, BullSheetRules, chief_kamani, CompletelyWrong, coolboy007, dineshsahay, DUstocks, flashstock05, gandabaccha, treasureddhan, neeguya, KJP, hindlevernet, sbalu, jiyyanshu, joetom, jonas, K.N.Pillai16968, kadiyali, kano123, KARUNAS, KFactor, knair, Suresh27, manju_berlin, marketman, psgs, NAUGHTY007, radhika_nandlal, sambala, santhosho, snvaish, sp.palo, Sriman35, marketbear, supreet34, Udayan Mukherjee, vam_aru, Varner, tara23, Bysani, vivek.cdma, vkk43, tally
Buy brahmaputra Infra with a long term perspective (18-24 months) aiming the target of 172/- Please remember markets due for a correction and use this correction to add this scrip, it’s a long term story and not for the short term. As the market cap of this stock is very low, investors should buy it in small quantities only.
For more details please visit :
http: //stockstowin.blogspot.c0m/2009/11/buy-brahmaputra-infra-07-11-09-be-and.html
With thanks
Be and make
...
Addressed to Abhay Kulkarni, alokvarshney52, arg_s, harshadketan, balconeyseat, Be and Make, Bhavani27, bhusbhac, blackshirt12, Callahan, chemkiron, chief_kamani, dineshsahay, DUstocks, fireflames, treasureddhan, guruguru, gv, hindlevernet, pup, columbus, latikav, nightowl, pitquote, pradesh, pranky, periwinkle, brainchild, librawalla, radhika_nandlal, here2stay, rajesh chhabria, raj_tibs, rakeshsaini31, Ramki, RANJAN, rgundapa, robin_gupta35, rrenji, rvk41, sambala, subasu, Sripadam, TrueCompanion, tara23, vkk43, tally, zoombusiness
The following article Published in a Newsweek edition was received by E-Mail.For the information of those interested:____
===*We Are All Hindus Now*
===*By Lisa Miller | NEWSWEEK * Aug 15, 2009
==America is not a Christian nation. We are, it is true, a nation founded by Christians, and according to a 2008 survey, 76 percent of us continue to identify as Christian (still, that`s the lowest percentage inAmerican
history). Of course, we are not a Hindu—or Muslim, or Jewish, or
Wiccan—nation, either. A million-plus Hindus live in the United States,a
fraction of the billion who live on Earth. But recent poll data show that conceptually, at least, we are slowly becoming more like Hindus and less like traditional Christians in the ways we think about God, our selves, each other, and eternity.
The Rig Veda, the most ancient Hindu scripture, says this: `Truth is One, but the sages speak of it by many names.` A Hindu believes there are many paths to God. None is better than any other; all are equal. The most traditional, conservative Christians have not been taught to think like this. They learn in Sunday school that their religion is true, and others are false. Jesus said, `I am the way, the truth, and the life. No one comes to the father except through me.`
Americans are no longer buying it. According to a 2008 Pew Forum survey, 65 percent of us believe that `many religions can lead to eternal
life`—including 37 percent of white evangelicals, the group most likely to believe that salvation is theirs alone. Also, the number of people who seek spiritual truth outside church is growing. Thirty percent of Americans call themselves `spiritual, not religious,` according to a 2009 NEWSWEEK Poll, up from 24 percent in 2005. Stephen Prothero, religion professor at Boston University, has long framed the American propensity for `the divine-deli-cafeteria religion` as `very much in the spirit of Hinduism. You`re not picking and choosing from different religions, because they`re all the same,` he says. `It isn`t about orthodoxy. It`s about whatever works. If going to yoga works, great—and if going to Catholic mass works, great. And if going to Catholic mass plus the yoga plus the Buddhist retreat works, that`s great, too.`
Then there`s the question of what happens when you die. Christians
traditionally believe that bodies and souls are sacred, that together they comprise the `self,` and that at the end of time they will be reunited in the Resurrection. You need both, in other words, and you need them forever. Hindus believe no such thing. At death, the body burns on a pyre, while the spirit—where identity resides—escapes. In reincarnation, central to Hinduism, selves come back to earth again and again in different bodies. So here is another way in which Americans are becoming more Hindu: 24 percent of Americans say they believe in reincarnation, according to a 2008 Harris poll. So agnostic are we about the ultimate fates of our bodies that we`re burning them—like Hindus—after death. More than a third of Americans now choose cremation, according to the Cremation Association of North America,
up from 6 percent in 1975. `I do think the more spiritual role of religion tends to deemphasize some of the more starkly literal interpretations of the Resurrection,` agrees Diana Eck, professor of comparative religion at Harvard. So let us all say `om.`
...
Addressed to Kalidas, ashwinkashyap, valueinvestor12, BearCartel, keerthi, SANJU786, Mangalorebull, sbalu, joetom, knair, Leena.B, lifaylon, lovemeall26, macspeed, madduri, Karthikn, Suresh27, MMB Moderator, MMB Messenger, mulbi, spicy, salian, panakals, panayampala, pcspune, shantii, pitquote, prabhu228, pradesh, marketman, pranky, periwinkle, sayaba, safaya, Khan, SageSurya, sambala, samirarora, samirshahhetal, sanju25, letsmakemoney, Madineedi, subasu, sd3, shajith, shareware78, Shashi232, shineabraham, Shirishmishi, shri3204, ShrihariMoCo, skdonweb, smehdiratta, snack, sonal001, sonalkhemka, sonalyari, soumithra, sp.palo, srakeshkumar, MarketPundit, suchuab, hi delhi, sundaram7, Udayan Mukherjee, HemuV, V K Patni
date : 02-11-2009
Sensex Close : 15404
Nifty Close : 4563
Nifty Breaking 4680 was not good. If sustain below this levels for just two three days......blood bath can be seen.
Every huge and continuous falls are followed by some Technical bounce back.
It may happen this time also.
however, Nify Breaking 4680 show tremendous weakness. It must cross 4720 this week else................
If you remember current rally which was termed Pull Back rally from 8000 To current top above 17000.........
38.2 % retracement level is placed around 13888
50 % around 12809.........
and finally 61.8 % retracement may take rest around 11627................
Let us see where we are heading from tomorrow.............
ICSA
Reply By Be and Make
Date: 3rd Nov, 2009 - 13:30
BSE: Rs 168.00 ( -6.25 % ), NSE: Rs. 168.70 ( -5.96 % )
Addressed to chief_kamani, coolboy007, dineshsahay, DUstocks, flashstock05, gandabaccha, hindlevernet, sbalu, kadiyali, kano123, KARUNAS, knair, manju_berlin, marketman, sambala, marketbear, Udayan Mukherjee, Varner, tara23, Bysani, vivek.cdma, vkk43, tally
Exit from the ICSA for very short term as it is likely to correct more along with the broader indices. The next support is around the 149/- only hence investors should better to exit right now and re-enter at the lower levels for the very short term. So, traders can go short even at the current levels targeting the T1:163/- and T2:149/-in the upcoming weeks.
Actually I am not holding any shares in this stock right now but I am tracking very closely.
The main reasons for the call:
1. The company chairman and MD clearly stated that “second half is also going to be not that good”
2. No fresh considerable orders in the past couple of quarters which draining the order book around the 1.5 times to its trailing revenues and is to executed over 18 month period which clearly tells that the upcoming quarters we are going to see a dip in top line.
With thanks
Be and make
...
Addressed to Callahan, s chopra, columban, commanderdgr8, common reader, PJKD, good_friend, googol, sbalu, jkedar, JOEGRANVILLE, joetom, kgandhikrishna, kganeshk, Suresh27, M Manoj, M agarwal, m k sharma, morningdew, rreddy, PISrocks, pitamberpatel, pitquote, piyush_katariya, piyush_mamidwar, pjayaraman, pjaynti, pjosh5, pjb, radhika makhija, radhika_nandlal, ramji4545, ramjigupta, Ramki, ramkhandelwal, robinhood_ajay, robin_gupta35, rravikumaar, rrchandran, rrdmoney, rrenji, S.C.Mittal, s.dinesh rao, s.gala, s.ganesan, s.sabhapate, s.spehia, sambala, sambashivamk, s agarwal, RAMKA, S B Jumani, S.Sattu, ultima23, vkk43, vkkhurana, ankitin, shappy, BullSheetRules, callnput, chief_kamani, karshin, Cool Bull, guptaone, headstead, hsnmf, iguest, insight95in, patience, micky59, mohankumar1000, mr bullish, pms.swastika, genghiskhan, marketman, pss5588, NAUGHTY007, radhika_nandlal, ramsfm, rk2009, Dr. Shastri, KotakInvestment, sree_237, sumit22gupta, supreet34, Varner, tara23, sam_pd
There seems to be a problem on BSE site, but got their results from the FE on Sunday. They have had what looks like the best quarter in their history. Consolidated PAT has come in at 305 lakhs vs 253 in the same quarter last year, thats up over 20%. Its up over 75% from the sequential quarter. Revenue is down by 1 cr from 47 cr in the same quarter last year to 46 cr now. But in the sequential quarter its up from 38.5 an increase of over 20%...
Addressed to Santa Claus, lakshmibhakt, avishree, bababull, Bhatt, B C Roy, BearCartel, bhattji, BAZEEGAR, Mangalorebull, halasya, harry2511, hemhckp, joetom, K.N.Pillai16968, kalakkuttan, KARUNAS, kekanaje, KFactor, kr_amit, KaiZen., Leena.B, lifaylon, MADHOO, Karthikn, maky1234, mannish, MALAYALI, MMB Moderator, MMB Messenger, mulbi, harshad mehta, spicy, salian, panakals, panayampala, pato, pcspune, pkjattking, polavarapuad, prabhu228, marketman, ramjet, safaya, Khan, sagarmksingh, SageSurya, sajjan1000, sambala, samirarora, samirshahhetal, sanjay38000, sankarcj, letsmakemoney, sasreddy, sauravsachin, PowerSHAH, shal1963, shareware78, Shilp.V, shineabraham, Shirishmishi, shreya, shubhrasankar, simpleinvestor, sivarallabhandi, skasera, skdonweb, sonal001, sonali.thakur, souravkundu, sowmyamoni, MarketPundit, suchuab, marketbear, sujitjha, suktara, sundaram7, sundararaja123, howcome, sureshkotha, Samirr, Udayan Mukherjee, valuepick, Varner, venkatagopal, V K Patni, sam_pd
If you remember this bull run from first week of March this year, it started with Reality stocks. just check Top and Bottom, you will get that most of the stocks appreciated by 86 % to 100 per cent or even more.
In weak market, we have seen this sector being hit intensively. Moreover, RBI credit policy did the rest. It affected this sector in two ways. Bankers advised to make higher provisions on Commercial properties. It is understandable and good also for safety.
However, SLR hike by one % dosen`t carry much impact on liquidity. Most of the banks are already maintaining this ration. Banks are slow in credit which left banks with immense liquidity which they either divert to Treasury Bill purchase or Short Term Gilt securities including Govt Boands.
If RBI look at this fact, they would have avoided SLR hike. It carries vary little meaning......
Just 30000 Cr are taken from Free float of currency. However, Bankers are already maintained this ration by investing surplus in Govt Boands and security .
It would have better to raise reverse repo rate by .5 % which could have created less panic in the market.....
Any way, this has intensified more sell of in REALITY sector. But, yes but, once market stable, Reality stocks will ROAR first.
HDIL, HCC, NAG CONSTRUCTION etc etc.....
I, therefore suggest to closely monitor this stocks............
KI-TRADE
S.Kotak...
Mention Mahatma Gandhi and many think of fasting, restraint and the struggle for Indian independence.
He renounced material comforts, promoted Indian goods and embraced a simple, ascetic life.
These images jar with German pen maker Montblanc`s launch of a $25,000 pen to mark the 140th anniversary of his birth. Some see it as an insult to him.
One group has filed a lawsuit to try to stop its distribution. Montblanc says it is intended to honour Gandhi.
`A simple lifestyle`
The $25,000 (Ł16,000) gold and silver limited edition pen has an engraving of Mahatma Gandhi, the man seen as the father of Indian independence and revered as a global spiritual leader.
It is a mockery of the great man and an insult to the nation
Dijo Kappen
Critics have questioned if the Montblanc pen is the best way to honour Gandhi. The Center for Consumer Education in Kerala has filed a lawsuit to try to stop distribution of the pen.
"Mahatma Gandhi advocated a simple lifestyle," Dijo Kappen of the centre said.
"He was, of course, a nationalist and, in the nature of the independence movement, the only thing he promoted was Indian-made goods. It is a mockery of the great man and an insult to the nation... to use him as a poster boy."
A fitting tribute?
The limited edition pen is intended to honour Gandhi, the German premium pen maker said. "I certainly have to say, I wouldn`t have thought that people would have reacted negatively," Montblanc`s chief executive Lutz Bethge told the BBC.
"Yes, there were questions asked. Does it make sense to combine Montblanc and Mahatma Gandhi? But from what I noticed people were delighted that we were paying tribute to him."
Just 241 of the handmade pens will be sold, in reference to the number of miles Gandhi walked in his famous march against salt taxes in 1930.
Each comes with an eight-metre golden thread that can be wound around the pen, representing the spindle and cotton Gandhi used to weave simple cloth.
"What we want to do is talk about the values of Mahatma Gandhi as well. And this is certainly a person who believed in non-violence, peace, education and tolerance, and these are universal values," added Mr Bethge.
Gandhi`s great-grandson Tushar Gandhi has endorsed the idea. His charitable foundation has already received a donation of $145,000 from Montblanc and will receive between $200 and $1,000 for each pen sold.
"Part of the proceeds are donated to the Gandhi foundation. That is certainly something Gandhi would have approved of," said Mr Bethge.
For those who find the pen a little out of their price range, there is a more affordable version - there are 3,000 roller ball and fountain pens on sale for about $3,000 dollars each.
...
MUMBAI: The controversy over a brand of luxury pen that depicts Mahatma Gandhi as brand ambassador for its new range spiralled on Thursday. A division bench of the Kerala High Court issued notice to the Central government, Mont Blanc International and other respondents on a writ petition seeking a ban on the sale of the Mont Blanc gold pen that bears the image and signature of Mahatma Gandhi.
The petition has been filed by Dijo Kappen, who is managing trustee of the Centre for Consumer Education at Pala in Kottayam.
In the run-up to the Mahatma`s 140th birth anniversary, Mont Blanc International designed a luxury fountain pen to commemorate the Dandi March. Launched on September 29, the limited edition consists of 241 pens costing Rs 11.39 lakh each. Crafted in solid white gold, it bears a sketch of Gandhiji on the nib, apart from carrying his signature. Each piece is accompanied by saffron-coloured ink, a booklet of Bapu`s quotes and an eight-metre long golden thread that, when wound around the pen, resembles the spindle of the spinning wheel. Another version consists of 3,000 fountain pens and as many roller pens, each costing between Rs 1.47 lakh and Rs 1.67 lakh.
The product was manufactured and marketed with the consent of Tushar Gandhi, Gandhiji`s great-grandson. Mont Blanc has contributed Rs 72 lakh to Tushar`s charity, the Mahatma Gandhi Foundation.
Speaking to TOI from Holland on Friday, Tushar said he was prepared to defend himself in court if the need arose. "The product is a tribute rather than the exploitation of the Mahatma. My conscience is clear because I stand to make no personal profit from the deal. I do not know if I am a respondent in the case, or the locus standi of the petitioner. All I can say is that he is wasting the time of our courts which are already burdened by a high volume of pending cases.``
A spokesperson for Mont Blanc said, "I believe the courts will understand our position for we have taken copyright permission to use Gandhiji`s image and his signature on our product. All legal formalities were completed well before we launched the pen, and moreover, a substantial amount of money from each sale goes to charity.``
As part of the deal, Mont Blanc CEO Lutz Bethge donated Rs 72 lakh towards a children`s shelter being set up by the Mahatma Gandhi Foundation near Kolhapur. "The foundation has acquired a plot where it will rehabilitate rescued child labourers, and the donation will fund the infrastructure needed,`` said Tushar.
The spokesperson added, "We have also reserved Rs 50,000 from the sale of each of the 241 pens to provide education and nutrition to five children for five years. Rs 10,000 will be paid to the shelter from the sale of each of the other 6,000 pens.`` ...
MUMBAI: The controversy over a brand of luxury pen that depicts Mahatma Gandhi as brand ambassador for its new range spiralled on Thursday. A division bench of the Kerala High Court issued notice to the Central government, Mont Blanc International and other respondents on a writ petition seeking a ban on the sale of the Mont Blanc gold pen that bears the image and signature of Mahatma Gandhi.
The petition has been filed by Dijo Kappen, who is managing trustee of the Centre for Consumer Education at Pala in Kottayam.
In the run-up to the Mahatma`s 140th birth anniversary, Mont Blanc international designed a luxury fountain pen to commemorate the Dandi March. Launched on September 29, the limited edition consists of 241 pens costing Rs 11.39 lakh each. Crafted in solid white gold, it bears a sketch of Gandhiji on the nib, apart from carrying his signature. Each piece is accompanied by saffron-coloured ink, a booklet of Bapu`s quotes and an eight-metre long golden thread that, when wound around the pen, resembles the spindle of the spinning wheel. Another version consists of 3,000 fountain pens and as many roller pens, each costing between Rs 1.47 lakh and Rs 1.67 lakh.
The product was manufactured and marketed with the consent of Tushar Gandhi, Gandhiji`s great-grandson. Mont Blanc has contributed Rs 72 lakh to Tushar`s charity, the Mahatma Gandhi Foundation.
Speaking to TOI from Holland on Friday, Tushar said he was prepared to defend himself in court if the need arose. ...
A pen for Rs 11 lakh as tribute to Mahatma
MUMBAI: Mont Blanc on Tuesday launched a set of premium pens costing Rs 11.3 lakh under its limited-edition series commemorating 241 miles travelled
by Mahatma Gandhi during the Salt March.
Each pen in the series is made of white gold and the entire series is called the `Mahatma Gandhi Limited Edition-241`. "The distance of 241 miles which Mahatma Gandhi and his followers travelled by foot during the famous Salt March has inspired the name and limited edition quantity of this outstanding 750 solid white gold piston fountain pen," Mont Blanc CEO Lutz Bethge told reporters.
"Only 241 pens have been produced in the Mahatma Gandhi Limited Edition-241 series by Mont Blanc and each pen in the series is around at Rs 11.39 lakh," he said.
Mont Blanc has launched another series — Mahatma Gandhi Limited Edition 3000 — whose pens are priced at Rs 1.67 lakh a piece.
"A total of 3,000 fountain pens and 3,000 roller-ball pens have been produced in this series and the pens will be available our all outlets pan-India," Bethge said. Mahatma Gandhi Limited Edition 3000 series has been produced in tribute to the many people who had followed Mahatma Gandhi, he said. ...
Chennai`s auto drivers feed 500 people
The next seven days from Sunday will be celebrated as the "joy of giving week" across the country. Anyone - children, families, schools and corporates - could do something for a cause. In Chennai, a group of auto-rickshaw drivers provided a sumptuous meal to around 500 people as their contribution.
The auto-rickshaw drivers lead a hand to mouth lives. But that has not stopped them from being generous in their giving.
On day one of the joy of giving week, 30 drivers contributed Rs 1000 each to give a sumptuous free meal to over 500 strangers.
"Being an auto driver is like a social service to take people to hospitals and other places in their emergencies. And when we feed people we get an overwhelming peace in our mind," said Mohan, an auto-rickshaw driver.
Many were pleasantly surprised and touched by the gesture of this community that`s often accused of fleecing passengers.
"Even if you give lots of money to someone none will be happy. But if you provide food when one is hungry both the giver and the recipient are happy," said a Chennai resident.
It`s a lesson from few simple men - the joy of giving is all about how big your heart is and not how deep is your pocket.
...
What a child doesn`t receive he can seldom later give.
P. D. James
A gift in season is a double favor to the needy.
Publilius Syrus
The spirit in which a thing is given determines that in which the debt is acknowledged; it`s the intention, not the face-value of the gift, that`s weighed.
Seneca
He doubly benefits the needy who gives quickly.
Publilius Syrus
Giving advice to a stupid man is like giving salt to a squirrel.
Kashmiri Proverb
You can no more give what you haven`t learned than you can come back from a place you`ve never been.
Author Unknown
We make a living by what we get, we make a life by what we give.
Sir Winston Churchill
Seek joy in what you give not in what you get
Author Unknown
I believe that what women resent is not so much giving herself in pieces as giving herself purposelessly.
Anne Morrow Lindbergh
Rich gifts wax poor when givers prove unkind.
William Shakespeare
Purchase not friends by gifts; when thou ceasest to give, such will cease to love.
Thomas Fuller
...
“Giving” is a virtue, means to bestow, especially officially, confer; to accord or tender to another, to entrust to another. This is the Law of all creation: Give and you shall receive. "Give and it shall be given unto you, good measure, pressed down, and shaken together, and running over, shall men give into your bosom. For with the same measure that ye mete withal it shall be measured to you again." "Every good and perfect gift comes from above, from the Father of Lights.
You must give some time to your fellow men. Even if it`s a little thing, do something for others - something for which you get no pay but the privilege of doing it.
Albert Schweitzer
Giving quotes give you an insight to the feeling of gratitude towards somebody in which the person feels from the heart, the pleasure of bestowing some of his own pleasures onto somebody. A gift or present is the transfer of money, goods, etc., without the direct compensation that is involved in trade, although possibly involving a social expectation of reciprocity, or a return in the form of prestige or power. In many human societies, the act of mutually exchanging gifts contributes to social cohesion, and the Giving quotes highlight this phenomenon of the human society.
Generosity is giving more than you can, and pride is taking less than you need.
Kahlil Gibran
The fragrance always remains in the hand that gives the rose.
Heda Bejar
The trick is to realize that after giving your best, there`s nothing more to give.
Sparky Anderson
We do not quite forgive a giver. The hand that feeds us is in some danger of being bitten.
Ralph Waldo Emerson
The great art of giving consists in this: the gift should cost very little and yet be greatly coveted, so that it may be the more highly appreciated.
Baltasar Gracian
Whoever renders service to many puts himself in line for greatness -- great wealth, great return, great satisfaction, great reputation, and great joy.
Jim Rohn
It is possible to give without loving, but it is impossible to love without giving.
Richard Braunstein
You give but little when you give of your possessions. It is when you give of yourself that you truly give.
Kahlil Gibran
A compliment is a gift, not to be thrown away carelessly, unless you want to hurt the giver.
Eleanor Hamilton
The excellence of a gift lies in its appropriateness rather than in its value.
Charles Dudley Warner
It is better to give than to lend, and it costs about the same.
Philip Gibbs
He who obtains has little. He who scatters has much.
Lao-Tzu
There is no benefit in the gifts of a bad man.
Euripides
Blessed are those who can give without remembering and take without forgetting.
Elizabeth Asquith Bibesco
Plant a kernel of wheat and you reap a pint; plant a pint and you reap a bushel. Always the law works to give you back more than you give.
Anthony Norvell
It`s not how much we give but how much love we put into giving.
Mother Teresa
Give every man your ear, but few thy voice. Take each man`s censure, but reserve thy judgment.
William Shakespeare
One must be poor to know the luxury of giving.
George Eliot
Give what you have. To someone, it may be better than you dare to think.
Henry Wadsworth Longfellow
Make all you can, save all you can, give all you can.
John Wesley
Do give books - religious or otherwise - for Christmas. They`re never fattening, seldom sinful, and permanently personal.
Lenore Hershey
If we have the opportunity to be generous with our hearts, ourselves, we have no idea of the depth and breadth of love`s reach.
Margaret Cho
I hate the giving of the hand unless the whole man accompanies it.
Ralph Waldo Emerson
If you want to see what children can do, you must stop giving them things.
Norman Douglas
...
Chennai`s auto drivers feed 500 people
The next seven days from Sunday will be celebrated as the "joy of giving week" across the country. Anyone - children, families, schools and corporates - could do something for a cause. In Chennai, a group of auto-rickshaw drivers provided a sumptuous meal to around 500 people as their contribution.
The auto-rickshaw drivers lead a hand to mouth lives. But that has not stopped them from being generous in their giving.
On day one of the joy of giving week, 30 drivers contributed Rs 1000 each to give a sumptuous free meal to over 500 strangers.
"Being an auto driver is like a social service to take people to hospitals and other places in their emergencies. And when we feed people we get an overwhelming peace in our mind," said Mohan, an auto-rickshaw driver.
Many were pleasantly surprised and touched by the gesture of this community that`s often accused of fleecing passengers.
"Even if you give lots of money to someone none will be happy. But if you provide food when one is hungry both the giver and the recipient are happy," said a Chennai resident.
It`s a lesson from few simple men - the joy of giving is all about how big your heart is and not how deep is your pocket.
...
`Satyam scam has scared small investors off stock markets`
Hyderabad, Aug 23 (IANS) India has a huge potential to involve retail investors in the stock markets but they are not coming out to invest because they have learnt a lesson from the Satyam Computer fraud, feels Madhav Mehra, president of the London-based World Council for Corporate Governance.
`The stock market participation of Indians is barely two percent while in the US it is 45 percent,` Mehra told IANS during a visit here.
`Indians have no problem with money. They are just holding it somewhere. They are not coming because they have learnt from Satyam,` he added.
Describing the Satyam episode as an eye-opener, Mehra said that after Jan 7, when Satyam`s founder and disgraced chairman B. Ramalinga Raju confessed to a Rs.78-billion (.43 billion) accounting fraud, it was the small investor who had lost the most.
Mehra said Indian companies needed to set high standards in corporate governance.
`India can`t take a backseat in corporate governance because the future belongs to India. Indian companies are not going for full disclosures. There is some requirement of the transactions of mergers, restructuring and acquisitions. People must know what a company is doing,` he said.
`There are several lessons to be learnt from Satyam. It opened our eyes. It showed how a great company can also be brought down if somebody decides he does not want to be ethical for some reason. India has been able to control all that. India has put the culprit behind bars. The company is now making money.`
Referring to the role of independent directors in the light of the Satyam scam, Mehra said there was no need for them. `We need directors with independent minds. We need independent boards. The independent directors are not bothered about anything as long as they get salaries. That is why it (Satyam fraud) happened.`
Elaborating, he said: `There are people who are directors of 15 companies. How can you be an independent director of 15 companies? People have not been able to understand the role of corporate governance.`
Mehra also called for appointing younger people as directors and ensuring diversity in the board rooms. `You look at the drivers of the companies all over the world. Who are the drivers? The young men, women and people from different backgrounds. We want diversity in board rooms.`
According to him, compared to the western world, India was still doing well. `In the US and UK, corporate greed is masquerading as corporate governance. What has been found during last two years is that the whole financial services market was interested in creating money for its own people.`
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Yoga guruguruguruguruguru Ramdev slams Varun for HATE speech
NEW DELHI: Lashing out at Varun Gandhi for his alleged hate-speeches, Yoga guru Ramdev on Tuesday said people who try to polarise society by raising irrelevant issues have no place in democracy.
"Some political parties and people try to divert the minds of common people from issues of national importance by raking up issues of caste or religion," Ramdev said.
"Such people and outfits that make issues out of caste, religion, region and language have no place in a democratic society," he said, when asked about his opinion on Varun Gandhi`s alleged hate speeches in Pilibhit.
Varun was arrested on March 28 for his alleged anti-Muslim speeches during his campaign in Pilibhit earlier this month.
The UP government booked Varun under the tough National Security Act (NSA) for his inflammatory speeches.
Ramdev was speaking to reporters after announcing the "political agenda" for his `Bharat Swabhiman Trust`.
PTI...
Advani promises to bring back money from Swiss banks
Asks PM to raise issue at G-20 summit
Adding to his list of pre-poll promises, L K Advani, prime-ministerial candidate of the Opposition Bharatiya Janata Party (BJP), today said he would bring the Indian money deposited secretly in Swiss banks and other tax havens across the world back, in case his party got a chance to rule the country after the next Lok Sabha elections.
Advani, who announced this as the BJP stepped up its campaign for the coming elections, also asked Prime Minister Manmohan Singh to discuss the issue at the G-20 summit, which he is going to attend in London on April 2.
“If the people of India elect a BJP-led NDA government in May 2009, we assure the nation that India will join the global effort to put an end to banking secrecy and intensify it by every means — diplomatic, political and economic — to get back the real sovereign wealth of our country,” Advani said in a statement.
He said the return of Indian money deposited secretly with banks abroad — which was estimated to be about $1,400 billion (Rs 70,00,000 crore) — would be a key issue in the BJP’s campaign. The party plans to conduct mass opinion polls on the issue on April 6, the foundation day of the party. Also, he said, the chief ministers of all the BJP-ruled states would write to the prime minister on this.
The BJP’s idea is to link the plank of “Indian money in foreign banks” with its agenda for development during the campaigning. The BJP leader said the “estimated Indian wealth in foreign banks is enough to relieve the debts of all farmers and the landless; is sufficient to lay highways and roads across the country; provide Rs 4 crore to each of the 600,000 Indian villages, etc.”
To emphasise the BJP’s seriousness on the issue, Advani even announced his proposal to set up a national task force which would be entrusted with the task of outlining an action plan for seeking return of the Indian money from abroad. The proposed task-force would comprise R Vaidyanathan of IIM-Bangalore, S Gurumurthy of the Sangh Parivar, lawyer Mahesh Jethmalani and former Intelligence Bureau chief Ajit Doval.
“The BJP sees in secret banking the RDX that has the potential not only to blow up national financial systems but also to support and fund global terror networks whose attacks on India increased during the UPA regime,” Advani said.
The BJP leader accused the Manmohan Singh government of not pursuing the German government’s offer to all countries to avail of the information it had got from the Swiss government on some 1,400 secret accounts. He asked the PM to follow the line taken by the United States and other Western nations, which are facing economic recession, to seek details of secret accounts of Indians from these banks.
BS Reporter ...
New Delhi: The BJP has a parody ready for the Congress’s chosen poll jingle — Jai ho.
The Opposition party will sing Bhay ho.
The BJP on Saturday presented the one-minute parody to be used as a TV commercial to counter the Congress theme song based on A.R. Rahman’s Oscar-winning number from Slumdog Millionaire.
The BJP claimed the parody was penned by a sympathiser. The video of Bhay Ho starts with a man putting a bag on the upper berth of a train which provokes poor children sitting on the opposite berth to shout: “Bhay ho.”
The song runs as follows:
Bhay ho, bhay ho, bhay ho. Phir bhi Jai ho! Aaja aaja voter is jhanse ke taley Aaja aaja jhuthe muthe vade ke taley Bhay ho, bhukh ho Ratti ratti sachchi hamne jaan gavai hai Bhukhe pet jaag jaag raat bitayi hai Mandi ki mar me naukri gavan di Gin gin vaade hamne zindagi bitadi Mandi ho. Atank ho. Mahengai ho Bhay ho. Phir bhi Jai ho.
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