ADVANCED MANAGEMENT PROGRAMME (AMP) BY IIM-B

The need of the hour is thought leadership rather than people in positions of authority & wielding power sometimes with responsibility and also without adequate responsibility.

In order to develop thought leaders,Indian Institute of Management-Bangalore 
conducted a year long Advanced Management Programme which concluded recently..27 business leaders with industry experience of more than 15 years shared their experiences & thoughts on the need for such training for business leaders.

SRI LANKAN HEALTH MINISTER VISITS SRI JAYADEVA INSTITUTE OF CARDIO VASCULAR SCIENCES & RESEARCH.

Sri Maithripala Sirisena Health Minister of Sri Lanka visited Sri Jayadeva Hospital
for Heart Ailments in Bangalore. He interacted with the institute Director
Dr.C.N.Manjunath,He appreciated the Hospital for the quality Cardiac care Services 
rendered by the hospital and he is keen to emulate Sri Jayadeva Hospital  model  & 
its best practices in his country and sought institute's cooperation.

Mr.Mallikarjun Kharge addressing the media.Mr.Rajeev Bhargava,GM seated on the left.

INDIAN RAILWAYS

Rail Wheel Factory  (RWF) formerly known as Wheel And axle Plant was visited by Mr.Mallikarjun Kharge, Union Railway Minister.

Rail Wheel Factory was set up in1984 at a cost of Rs.146 crores.The factory is in Yelahanka,Bengaluru spread over  an area of 291 acres.


The annual turnover of RWF is Rs.1200 crores.Total Employee strength is 2627.RWF is the first RWF is the first Indian Railway unit to receive patent for its micro-alloyed cast wheel.The unit produced 2,06,357 cast wheels in 2012-13.RWF is world leader in producing the cast wheels for coaching stocks.

The RWF consistently maintained production level close to plant capacity on a
sustained basis after operation of 3rd furnace in December,2007. RWF with its technical capability &capable work force has all the potential to export cast wheels in the international market at very competetive rates.RWF has also developed various types of wheels approved by TTCI/USA.
Addressing the media,Mr.Kharge said,the following.
1.A LHB technology coach factory will be set up in Yadgir,Karnataka.
2. Bangalore city station is overloaded.Hence,more platforms and tracks
    will be laid in the land to be acquired from BBMP which has acquired the Binny
   Mills land. 
3.Yelahanka railway station will be remodelled.
4.Udhampur to Katra track completed which will benefit the pilgrims visiting
   the holy shrine of Goddess Vaishno Devi.

GUJARAT TRAVEL MART 2014.

Gujarat travel Mart will show case the rich & diverse culture and the history and heritage, the state of Guarat Possess.
GTM aims to bring face to face encounter with travel,trade hoteliers & other stake holders from India and abroad.GTM will be held between 27th
March,2014 to 29th April,2014.Gujarat has lots of places to visit for the tourists and  
they will never be disappointed.

VIJAYA BANK TIER II BONDS ISSUE - FULLY SUBSCRIBED.

Vijaya Bank has raised Rs.250 crores (Basel III) compliant
Bonds through Private placement.The issue opened 
on 17.12.2013 & closed on 20.12.2013.The issue was fully 
subscribed.

INDIA -USA -DIPLOMATIC ROW.

United States of America  should be aware that India is a vibrant democracy
with Free and Enlightened media and it is not a banana republic. It is not the
first instance where USA has treated our diplomats badly but also our former
President Dr.Abdul Kalam was detained.This cannot go on and the latest
act of arresting Dr.Devyani Khobargade  should be an eye opener for the
government of India. This act of USA is violation of Vienna convention.
This is because of our tolerance and the way we treat and value our 
relationship with USA which is not being reciprocated by them.The moot
question is why only our diplomat was treated like this?. Is it not time that
we also act the way USA acts?.We are a powerful country of 1.2 billion people
and we should also behave like one.The government of India should also look
into the charges that are levelled against our diplomat in New York and take
corrective action, if needed, so that such things donot repeat.

Mr.T.S.Sridhar,Director,-South, Nokia India launching Nokia Lumia 1520

NOKIA LUMIA 1520, -SMARTPHONE LAUNCHED.

A 20 MP Camera and the latest imaging innovations to make high quality imaging even easier.

The cost of the NOKIA LUMIA 1520 is Rs.46,999/- .

AAM AADMI PARTY (AAP) SHOULD NOT FORM GOVERNMENT IN DELHI.

AAM AADMI PARTY led by Mr.Arvind Kejriwal should not yield to temptation
and form the government with the support of Congress Party.They have no
mandate to form the government . The AAP has just opened the account and
they must first consolidate and should not yield to any temptation from Congress
party to form the government with their support.What will be the fate of AAP 
when the Congress Party withdraws support on some issue?. The only alternative
is for the BJP (which is the single largest party) to form the government with the
support of AAP with an agreed Common Minimum Programme.They together 
consist of 85% of the seats in the assembly.

MOSELLE IN
FRANCE AIMS AT BOOSTING ECONOMIC TIES WITH INDIAN COMPANIES.

Euro Indian Technology Sourcing & Business oppurtunities (EITS-2014) held a road show 
"An Evening with a French Toast".
Following the successful edition of 2009,the Moselle Developpement,the economic development agencyof the General Council of Moselle,the second edition of EITS will be held from 2nd to the 4th December,2014 in Metz,the capital city of Moselle.EITS 2014,will be supported by governments & public authorities in France,Germany & India.

This event will provide great oppurtunity for companies to build relationships with their future partners.EITS 2014 will focus on the fields of Materials for Process Industry (metals,chemicals, plastics & natural fibres),transportation and energy.The objective of the event is to foster economic ties between Indian and French entities (public and private R&D organisations,manufacturing as well as service companies).

Mr.H.S.Upendra Kamath CMD,Vijaya Bank addressing the shareholders.

VIJAYA BANK's EGM.

Vijaya Bank held its Extra Ordinary  General Body Meeting on 12 th December,2013.

The share holders approved issue of preferential shares to Government of India amounting to Rs.250 crores.

This will increase the government of India's  share holding to 59.80% from 55.02%.

BITCOINS - A VIRTUAL CURRENCY?

The euphoria for Bitcoin is heading for India,   
may be due to large pool  techie population. 
According to Forbes, India could be the next  
booming market for Bitcoins.

There is  a Global Bitcoin conference this week in
Bangalore to promote digital currency.The wall  
Street Journal reported that India ranks in the top 30 Bitcoin using countries.

The regulators and the enforcement agencies in India and 
world over,are already worried about this so called virtual currency.China has 
moved to ban banks from trading in the virtual currency.It is time even the  
government of India and Reserve bank of India act swiftly before it is too late.

 DON'T ALLOW CORPORATES TO START BANKS.

 The Parliamentary Standing Committee .on Finance has recommended that 
 Corporate Houses should not be given Bank Licenses by Reserve Bank Of India .
 Further, as on 30.03 2013,only 17% of the total branches of Private sector banks
 was in rural areas.Hence,it is a big question whether the private sector banks will
 achieve the national objectives of financial inclusion,priority sector lending 
 etc. In this scenario, it will not be prudent for RBI to consider issuing bank 
 licenses to Corporate Houses.

 We have already written about this on 19th january,2013,which we are 
 reiterating.

 

 SABIC  Opens its SABIC Technology Centre in Bengaluru.

Mr.Mohamed H Al-Mady,Vice Chairman & CEO addressing Media.

Prince Saud bin Abdullah bin Thenayan Al-Saud,chairman SABIC and Chairman  of 
the Royal Commission for Jubail & Yanbu inaugurates the centre.

The Centre with an initial investment of US$ 100 million is one of 17 SABIC global R&D centres of excellence.The STC,with an area of 1,87,000 Sqmetres  will have 
300 scientists,of which 150 will be Ph.D's. This centre will focus primarily on 
diverse areas of research in Chemistry,material Science,process engineering,analytical & application technology.

This Centre will support business as a strategic centre of excellence to cater to
global & regional needs.The Governor of karnataka Mr.H.R.Bharadwaj, and
Union Ministers Mr.Rehman Khan and Mr.Shrikant Jena were also present.

INDIANS CAN NOW SET UP OFFSHORE COMPANY IN AJMAN,UAE.

Offices in Ajman free Zone available for as low as US$555 per month in 24 hours.

Over 8000 companies are registered and operating Ajman Free Zone ,of which,38% are of Indian Ownership. 

20 years land contract,renewable for another 20 years (4 decades of tax free .
operations).One can own an ooffice,warehouse,or land and get trading  license (commercial license for import & export).Service License,industrial license etc. Further,e-Commerce transactions are surging in the region and Ajman Free Zone Authority offers e-commerce license to its customers at a price far lower than other free zones.

                                                            INCLUSIVE GROWTH OR DIVISIVE GROWTH.

 Every day we hear the ministers,political leaders and the media talk about inclusive
 growth.Inclusive growth is, we all grow together with equal oppurtunities to all and
 creating an eco system for the talents to bloom & prosper and no one in the society
 Is either suppressed or oppressed. The United states of America is one such  
 example of a country which has the eco system for equal oppurtunity.This is the 
 essence of true democracy.

 Now, let us ponder whether  we,as a country as an eco system for equal
 oppurtunity .The answer is -NO. India is a free country for the last 66 years.It is
 true we have grown in all fields.But is it sufficient to sit and relax as a country       
 of 1.2 billion people and 1.2 billion aspirations.Our society is fragmented and there  
 is mistrust between and amongst the members of Indian society.Hence, what     
 needs to be done to integrate and to set common goals for the development of the   
 country as a whole,This should be the agenda for all the political parties, thought  
 leaders and the media for  the General elections to be held in 2014.Let us not   
 divide the country for the sake of Vote banks.Let us learn from the history of the
country.We were invaded by Muslims ,by Greeks,the French,the Portuguese and
finally the British who ruled our country for more than a century.

Mr.Vipin Sondhi,M.D.&CEO JCB India addressing media.

JCB India Limited started operations in 1979 and is the fastest growing company in the earthmoving & construction equipment industry.

JCB SHOWCASES 19 NEW MACHINES AT EXCON 2013.

At EXCON 2013,JCB, showcases JS81,JS120,JS205,JS145,JS220LC,JS205LR & JS30 Mini Excavator. Apart from the world leading products,JCB,will also have a dedicated Innovation Centre at the 
stand which will showcase a 3D virtual tour of JCB's world class facilities.

Mr,Upendra Kamath CMD with Two Executive Directors addressing Media

VIJAYA BANK PERFORMANCE HIGHLIGHTS FOR HALF YEAR ENDING 30.09.2013.

* Deposits Rs.1,07,936  crores .
* Advances Rs.71,434  crores.
* Net interest income     Rs.1062.32   crores.
* Net Profit Rs.268.68 crores.
* Operating profit up by 27%.
* Yield on advances 11.49%
* Gross NPA 2.77%
* Net NPA     1.75%
* Total branches :1457
* Total ATM's     : 1001


Guidance for 2014:
* The bank aims to reach Total business of Rs.2,00,000 Crores by December,2013.
* The bank branches to increase to 1500 by December,2013.
* Continuous monitoring of the credit portfolio by the bank to avoid fresh slippages.
* To increase fee based income.
The Chairman & Managing Director Mr.H.S.Upendra Kamath said,"The bank is on
growth trajectory and with the steps initiated and strategies adopted,the bank is 
poised to post further improvement in performance".

INDIA'S MISSION TO MARS LAUNCHED SUCCESSFULLY.

India joined the elite club by launching the PSLV C- 25. Till now only USA,Russia & European union have undertaken the mission successfully.The mission which costs Rs.450 crores ($73.5 million) is India's first inter planetary mission to Mars.

We as Indians should be proud of this achievement and congratulate the entire team of ISRO scientists.
HATS OFF TO ISRO.

BANGALORE RANKED No.1 FOR DOING BUSINESS IN INDIA.

Bangalore is  ranked as the hottest business destination in the country leaving
behind Mumbai & Chennai according to study conducted by Global Initiative for
Restructuring   Environment & Management (GIREM- a non profit organisation)
and DTZ global leader in property services.

ALL MANUFACTURING FACILITIES OF CARBONATED SOFT DRINKS 
SHOULD BE MONITORED PERIODICALLY SAYS SUPREME COURT.

The  public has the right to life and hence the Food  Safety & Standards Authority of India should make periodic checks of all manufacuring facilities of carbonated
soft drinks says the Country's highest court,the Supreme Court.

Well known nutrionist Dr.Ishi Khosla,says,"colas have destructive effect on one's 
health essentially because of the high sugar content.Each 330 ml of a serving of
Cola contains about eight to nine teaspoons of sugar,a primary cause of Obesity
among children and adult alike.Besides, the calories in Colas are all empty calories
and provide no nutrition but only chemicals.".

'"The caffeine content in colas  though minimal,also makes them addictive".says
Dr.Sunita Roy Choudhary of Rockland Hospital.

Courtesy:Yahoo News India.

 

    RBI-Foreign Bank's Policy.

Mr.Raghuram G Rajan,RBI Governor said, RBI will soon come out with  a new
policy  for entry of  foreign banks that may even allow them to take over small
Indian banks. This move is not a good move as we are opening a big financial
market to foreign banks.As we know foreign banks are interested in only retail
credit and credit cards. They may not be willing to  operate in remote rural 
areas like State bank of India and public sector banks.If at all RBI wants to
open up & allow new foreign banks into the country, they may stipulate the
same conditions as they have set for new banks entry whose applications are
still pending with RBI.Foreign banks with their large capital base may swallow
few small banks which are prone and whose capital base is small.Once they take
over such small banks,they may close unviable branches and would like to operate
only in Tier  I and Tier II cities as they are interested only in their bottomline.
 

BANGALORE TO HOST 5th EDITION OF INDIA INTERNATIONAL COFFEE FESTIVAL FROM 21st JANUARY,2014 TO 25th JANUARY,2014.

National and international players in the coffee industry including policy makers,industry captains,exporters,manufacturers and 
world leaders in the coffee industry will be participating in the  IICF.The Theme of the conference will be " THE CHANGING FACE OF COFFEE".The conference will be 
addressed by 40 global experts covering marketing & production trends.Workshops
on processing, roasting and brewing will be held by leading global companies like
Pinhalense,Probat,Buhler,Bunn O Matic,Marco & Kaapi machines.The highlights of  
this five day event will be Coffee Awards,Coffee trail,Barista championship,Coffee Quiz and Lauch pad.

The event was addressed by Mr.K.J.George,Minister for Home,Government of karnataka,Mr.S.V.Ranganath,Chief secretary,Govt.of karnataka,Mr.Jawaid Akhtar,
Chairman,Coffee Board,Mr.Hameed Huq,M.D,Tata Coffee,Mr.Anil kumar Bhandari,
President,India Coffee Trust, Mr.sahadev Balakrishna-Trustee,India Coffee Trust.

About the coffee industry:The total production of Coffee in the country last year
was 3,18,000 M.T.This year production target is 3,47,00 M.T. The country is exporting 70% of its production.The domestic consumtion though low is growing at 
5 to 6% .The per capita consumption of coffee is just 90 gms.The country has to increase the domestic consumption.

The Coffee industry faces many problems  which includes shortage of skilled 
man power and the attacks from the pests like White stem Borer 
Black Twig Borer ,Coffee Borer Beetle etc.Hence, there is an urgent need to address these problems.Further, there is also need to brand Indian Coffee and also expand the area of cultivation.  .

EDITORIAL  
                                                                   RAHUL'S COMMENT ON ORDINANCE.

I have observed Mr.Rahul Gandhi as a sober person who normally does not get
provoked But I was shocked to see him in the Press conference using strong words 
like 'nonsense'and saying that the ordinance should be torn. The ordinance is 
approved in the cabinet sent to the President for signature and two senior  
ministers in the cabinet has gone to the President to convince him about the purpose of the ordinance. At this juncture,calling the ordinance as nonsense does 
not make  sense.Afterall, he is the senior functionary of the Congress Party and his views are respected not only within the Congress party but also in the government.

He should have voiced his opinion in the congress party's forum which  would have  
stopped the ordinance.Ofcourse, the ordinance is flawed and the public sentiment 
is against such Ordinance.

Even his father, late Mr. Rajiv Gandhi was also a sober person and ever smiling.He 
too once got irritated and said in a Press conference to a question of a journalist 
that 'you will be discussing with  new foreign secretary'.By this statement,he  
almost sacked the senior foreign service bureaucrat Mr.A.P.Venkateshwaran,who 
was the Foreign Secretary then.This ended the distinguished career of Mr.A.P.Venkateshwaran. 

  EDITORIAL.
                                                                      INDIAN SECULARISM.

Indian secularism should be a model to the world.We as Indians are secular in our 
thought  & action. India never attacked any country for any reason,though it was
attacked  for centuries. India has seen the invasion of Moghuls,Greek,Portuguese,
French,Dutch & the British. Many foreigners ruled this country for centuries and 
even some looted and plundered this country of its wealth. India called as Bharath 
earlier was following the Sanatana Dharma, a mantra  for harmonious living. India
is a great country with rich culture & traditions which attracted many towards
it.India has nurtured many religions,and also given birth to many religions.Hence,
nobody need to be worried whether India will become a communal country. India 
can never become a country which hates any religion.My appeal to politicians of   
every hue and colour not to talk of religion or talk of majority or minority in their   
election speeches.Let us talk of development, Industrial growth,infrastructure  
growth,employment to all and above all peace.

Mr.M.C.R.Shetty-President (centre) Mr.Naveen-Treasurer(Left) Dr.V.S.Punja-(Right)

KARNATAKA POULTRY FARMERS & BREEDERS ASSOCIATION.(KPFBA)

Addressing the media Mr.MCR Shetty,President KPFBA said that the members are facing few problems which includes law & order and requested the authorities to address them.He said though the poultry farming is an agricultural activity,the Panchayats are insisting the poultry farmers to obtain licenses.The association has requested the government to remove APMC cess and also treat poultry farming on par with agriculture.

Mr.Shetty said, 'there are instances of some people attacking the farms and employees and damaging the poultry farm properties".He requested the authorities to immediately address these problems. The Association is also planning to stage a rally in Bangalore palace grounds on october 26th,2013 to draw the attention of the government to various problems faced by the members of the association.About 20,000 farmers from across the state of Karnataka are expected to participate in the rally.
 

EDITORIAL.

                                              WITHDRAW THE ORDINANCE.

The government's move to promulgate an ordinance to counter supreme 
Court's judgement which disqualifies the lawmakers convicted of criminal 
offence punishable with jail term of over  two years is not the right move.To 
quote Mr.Milind Deora ,young minister "this ordinance will endanger the
already eroding public faith in democracy'. 

The government should always  be seen to be doing the correct thing but this
ordinance will prove otherwise.

Mr.J.S.Srinivasn,VP Sales, during the launch

TVS MOTOR COMPANY LAUNCHES NEW SCOOTER " TVS JUPITER" WITH 110 cc ENGINE.

TVS Jupiter  has " Pass by Switch' and  an under seat "Mobile Charger"which is unique for this brand and introduced for the first time. 

TVS Scooters has about 15 % share in the scooter market share in the country.The cost of the TVS Jupiter is Rs.48,712/- ex show room in karnataka.

GLOBAL FINANCIAL INTEGRITY REPORT:

Illicit Financial Outflows cost developing World $859 Billion in 2010.
Nearly $6 Trillion stolen from poor countries  in decade between 2001-2010.

As per Study of Dev Kar(GFI lead economist) & Sarah Freitas (GFI economist),
India ranks 8th position in the magnitude of illicit outflows.
 
 

EVERY INDIAN MUST SALUTE THIS INDIAN.

Armstrong Pame is a 2009 batch Indian Administrative Service officer and first 
from the Zeme tribe of Nagaland.  He is an  alumnus from St.Stephen's College,New Delhi.

He was recently invited by Facebook at the Headquarters in California to share with them how 
he used the social media site  to raise funds for a noble project like the "People's Road".

What he did? : He built a 100 kms long   road  in a remote part of  Manipur without government help.The 'People's Road" with people's help ,connects his district with rest of the state  & further to Nagaland and Assam.He raised most of the funds for the project through Facebook and was given the name 'Miracle Man' by the villagers.
"It is very sad many of us are yet to discover  the north eastern part of India .After having been to every state of India  people often refuse to believe that I am an Indian" says Armstrong Pame.

Let us visit every part of North eastern India and meet our brothers & sisters.

Source:Rediff.com.

FORTIS HOSPITALS LAUNCHES INFORMATION GUIDE ON HEART ATTACK AND THE HIDDEN SECRET FOR
SURVIVAL.

Speaking on the occassion,Dr.Vivek Javali, Chief Cardiothoracic
surgeon,said,' Heart diseases account for over 80% of deaths in India. Almost 50% of these deaths are due to dearth of immediate care within the first hour of cardiac emergency.Such eventualities can be avoided with appropriate awareness and timely care.Therefore,we have taken the responssibility of spreading the awareness through the public education program'

The book is meant for public to understand early symptoms of heart attack,myths associated and how symptoms go unnoticed,risk factors,treatment options and few real life stories of heart attack survivors.

The information booklet and the Heart attack Exit Plan is available at various Fortis Hospitals located in the city (Bannerghatta road,Cunningham road,Seshadripuram,Rajajinagar & Nagarbhavi).The book can also be downloaded from www.attacktheattack.com.

 

                                                PRIME MINISTERIAL CANDIDATES
                                                         OF CONGRESS & BJP.

There is a big churning going on in BJP about the Prime  Ministerial candidacy
of Narendra Modi.Why there should be a hurry in declaring the Prime Ministerial
candidate of any party when the elections are 9 months away. Let us take the case
of Congress,the PM has said that he is prepared to work under Rahul Gandhi, the
Home Minister  says that Rahul Gandhi is the PM candidate  & few other senior
members in the Congress have also echoed the same...Then what is holding the Congress Party in announcing their PM candidate?.As one who has observed the functioning of the Congress party for the last 45 years,  one can safely assume that they are waiting for BJP to announce their PM candidate.

The elections to 2014 should be only on Good Governance,Inflation,Price
rise,corruption institutional misuse and clear vision of future. Between Rahul  
 Gandhi and Narendra Modi, the latter  scores few extra points like  experience, ,
vision, from the grass roots,not from  political family  and above all proven  performance.
Whereas Rahul Gandhi is yet to prove himself. On several occassions,the PM has 
asked him to join the cabinet but he has refused. He is yet to get the nuances of 
governing the country, which means handling the domestic problems,Finance, Economy,Diplomacy, and various other pressing problems facing the country.
The whole Congress party will be looking upon him to provide the leadership
 when he is appointed as PM. Will he deliver?.



 

                                                                OIL IMPORT BILL

United States of America is reported to be seriously considering taking action
against Syria for their alleged use of chemical weapons. This may have a great
impact on the price of oil.There are speculations that the oil price may go upto
$150.This is the time for the government of India to seriously think of investing
in exploration of oil and gas. As our import bill for the oil import is soaring,
the need of the hour is to find new alternate energy sources. As we have a huge
reserves of coal,methanol can be produced even from coal,it can be one such
alternative.Next is the use of Ethanol  as we are also a large sugarcane 
producing country.As a national policy,Brazil blends oil with sugarcane 
based alcohol i.e ethanol fuel blend between 20-25%(ethanol) based on
sugarcane harvest. According to some reports 80% of the cars in Brazil can
run on blended fuel making the country as the second largest producer of
ethanol. India can also seriously think of oil import from Brazil instead of
totally depending on the countries in the Middle East.
 
 

FOR BALANCED GROWTH IN GDP-NEED TO INCREASE 
MANUFACTURING GROWTH-ASSOCHAM.

Mr.Krishna Byre Gowda,Minister for agriculture,Government of karnataka expressed his concern about the declining growth of agriculture and manufacturing sectors in GDP.He also expressed his concern about the concentration of industry and manufacturing sector in and around Bangalore.He urged industry to identify strategic advantage of various parts of the state and leverage the same.
 FDI inflows -April 2012 to March,2013.
The FDI inflows to Bangalore is only $1023 million when compared to Chennai 
($2807 million),Mumbai ($8716 million), & New Delhi ($3222 million) and Karnataka
ranked 4th in the country in terms of total FDI inflows.

Earlier, welcoming the delegates to the manufacturing summit,Mr.J.Crasta,
Co Chairman,ASSOCHAM,Southern Regional Council,presented the picture  
of the present condition of the manufacturing sector in Karnataka and Bangalore   
in particular. He advised the government to take pro active steps to provide fillip to the manufacturing sector in Karnataka.

CHINA'S AGGRESSIVE POSTURE.

There are reports that China has occupied 640 Sq. Kms of Indian territory.
It is based on a report submitted by Mr.Shyam Charan of National Security
Advisory Board who recently visited  the forward areas on the advise of our
Prime Minister. But still,the government does not seem to be taking the issue
seriously and they are still under the impression that China will not attack
India. This government should draw some lessons from 1962 war.The then
Prime Minister Pandit Nehru and the then defence Minister Mr.V.K.Krishna
Menon strongly believed in Hindi Chini Bhai Bhai and Panch Sheel but
Chinese had different plans.

 Some Media reports:
As per the diary of Mr.G.Parthasarathy,(GP),India's ambassador to China in
1958,Mr.Nehru,the then Prime Minister did not trust China despite the Panch
Sheel agreement.Also the entries quote Mr.Nehru saying to Mr.GP "they have
deliberately chosen to be anti India and therefore to be extremely vigilant about
all Chinese intentions,Policies and actions  towards us".

COAL SCAM-MISSING FILES

The Prime Minister's reply on the captioned subject is not convincing to 
the people of India.Earlier the PM said that he takes full responssibility and
today he says he is not the custodian of files.The PM is an honourable man,
an eminent economist  and a man with impeccable integrity.The people of
India expect the Prime Minister to be more articulate and  reply to the 
points raised by the opposition. Afterall, the Members of parliament in the
opposition also represent the people of this country as the ruling party.If
the opposition parties does not force or get a convincing reply from the PM,
who is the head of the government, the people will not forgive them.

The fact is that the case is monitored by the  Supreme court,and the CBI is
 not able to file or proceed without the relevant files which are missing.The
Opposition leader in Rajya Sabha Mr.Arun Jaitley says that the files do not
disappear, but made to disappear. The PM has not replied to this charge.

EDITORIAL
                                                              RATION PETROL

Mr.Veerappa Moily's suggestion to close petrol pumps between 08 in the night to
next day morning 08 is not practicable.It will cause more problems for the
people as there will be huge crowds at the petrol pumps in the evening and
also next day morning. People who are going to work in the morning will
be put to lot of hardship. As rupee has weakened and the oil import is causing
a drain on our foreign exchange reserves, it will be better,if the petrol is
rationed to reduce the petrol consumption.If anybody wants more petrol,they
have to shell out at commercial rates which should be fixed by the oil companies.
we wish the government thinks on these lines instead of closing petrol pumps
in the night.

EDITORIAL.

                        THERE IS NO RELIGION SUCH AS HINDU RELIGION 
                                                                                        - Says Digvijaya Singh

He is right. It is only Sanatana Dharma.Nowhere in any of our Upanishads,Vedas
or in any of our Holy scriptures,there is any mention of Hindu religion.Sanatana
Dharma is a way of life and one who practices, can never be communal.

Hence Sanatana is eternal and Dharma is harmonious way of living with
righteousness,compassion and truth. 
 

EDITORIAL.

                                  RUPEE WEAKENING -GOVERNMENT CLUELESS.

Even Today,the rupee has breached Rs.68/- against the dollar.The government is 
busy in doing some tinkering here and there to show to the people of India that
they are serious in strengthening the rupee.The irony is that our country has the
best of the brains in Economics (our PM ),the experienced Finance Minister  and
the Deputy Chairman of Planning commission,Dr.Montek Singh Ahluwalia,still
they are not able to stop the weakening of the rupee.Rupee is at weakest level ever
and there seems to be no signals of rupee strengthening in the near future. 

The rupee has lost 20% of its value this year and rated as one of the worst
performing currencies. Even some Latin American Currencies have lost against the
dollar.There is an inherent fear of  the widening  current account deficit.A jump in 
oil prices in the wake of the fears about military action against Syria by US and and 
its allies have complicated the situation.India imports 80% of its oil requirements 
and any increase in oil prices will fuel inflation and widen the current account deficit.
The uncontrolled gold imports earlier was also a factor in increasing the current 
account deficit.However,now the government has increased  duty on import of gold which should have been done earlier.

EDITORIAL.

                                                    HOW MUCH IS ENOUGH?.

India is a rich country but the wealth of the country is in the hands of few
who are not that charitable enough as few of the people whose names are 
given below who shares their majority of wealth with the needy and who needs
help. 

Warren Buffet: He said in his letter to the Gates Foundation,"I want to give
my kids just enough so that they may feel that they could do anything,but not

so much that they would feel like doing nothing".He has pledged to give away 99% of his   wealth.He has promised to give 83% of his wealth to the Gates foundation.
- Fortune Magazine.

Famous Actor,Jackie Chan,about leaving his wealth to his son Jaycee.
"If he is capable he can make his own money.If he is not,then he will
just be wasting my money".

Bill Gates: " I knew I didn't think it was a good idea to give money to my
kids.That wouldn't be good either for my kids or society".-The Sun in 2010.

E-Bay Founder,Pierre Omidyar : Donates his majority of money to those 
less fortunate,instead of to his three children'.-Forbes magazine.

We as Indians have got few lessons to learn from these eminent people
to make our Indian society,irrespective of caste,colour, & Language to
be more happy and equitable.

FOOD SECURITY BILL- POLITICAL GAME CHANGER,BUT FLAWED.

Food Security Bill, a pet project of Congress party may be a game changer
which may win votes,but may not achieve the goals intended.Because,the
scheme is not well planned,adequate funds not provided and may clash with
many schemes every state already has.The country NEEDS food security to feed
the billion people of which majority are poor.But where is the procurement 
policy,where to store the food grains without being spoilt,what about the 
distribution network and above all where is the money as there is no budgetary
provision. Everyone knows that the ration shops are poorly managed and the
quality of food grains distributed are not upto the mark.Hence, before embarking
on this massive project, much ground work should be done to plug all the 
deficiencies in the system to ensure proper procurement,storage, distribution,
quality and aboveall,the cooperation of the states to make it a success.

FORMATION OF TELENGANA.

The timing of the decision to form Telengana appears to be more
political as the elections are just 9 months away.Mr.Digvijaya Singh,
General secretary of Congress  rightly reminded  Mr.Rao of TRS
about his promise to merge with the Congress party once the
decision to form Telengana is announced.Ofcourse,the demand for
separate Telengana was there for many decades so also the demand
for separate states like Vidharbha,Gorkhaland etc.The decision to
form separate Telengana  has triggerred and activated the demand 
for more smaller states.

What the government should have done is to appoint a States
Reorganisation Committee consisting of eminent people with
time bound term to consider requests of various states and then
present the committee's recommendations  to  Parliament for
discussion and take it further for action.

EDITORIAL.

                                                  UPA CHAIRPERSON'S LETTER TO PM

UPA Chairperson & Cogress President Ms.Sonia Gandhi wrote a letter to
Prime Minister to look into the matter of Ms.Durga Shakthi Nagpal IAS 
Who was suspended by UP government.It is a good gesture. She should
have written  similar letters to the Haryana government when Mr.Ashok
Khemka was transferred  and also to the Rajasthan government when
Mr.Pankaj Chowdhury IPS  was transferred.All the three cases are 
similar as they have taken the political heavyweights.

I wish Ms. Sonia Gandhi takes up all the three cases and allow the
bureaucrats to discharge their duties without fear  and instil
confidence in them.

Mrs.Kamala Srinivasan,Dy.Editor & International Sportsperson.
 

EDITORIAL.

                                            AMENDMENT TO HINDU MARRIAGE ACT.

The Union cabinet approved changes in the marriage law Amendment Bill,
based on recommendations of Group of Ministers(GOM).It seems the Cabinet
has also approved GOM proposal to provide sufficient compensation to woman
from her husband's ancestral property in case of a divorce in addition to the share
in the husband's self acquired property.Hence, a new clause 13(f) is included in
the proposed Bill.

If the amendments are carried out, it will have far reaching consequences in the
Hindu society.It is fair, for a woman to seek compensation from her husband's 
self acquired property in case of divorce,provided she is in poor financial position
after divorce.In case,the woman already has a good employment with good salary
and also has a share in the property of her family (her parents),there is no reason
why the woman should be entitled to share of the ancestral property of her husband?
If any law has to be enacted,it should be fair to all sections of society irrespective of 
caste & gender.

Mrs.Kamala Srinivasan-Dy.Editor, International Sportsperson.

  

 

Independent Tariff Body For Indian Railways ?.

Indian Railways carries 23 million people daily. But the financial health of 
the railways is not sound.Hence, there is a move to set up an Independent
Tariff Authority,Rail Tariff Regulatory Authority to delink passenger fares
from the political considerations.

TEEN GENIUS DROPS OUT OF COLLEGE -
TO ACHIEVE IN SILICON VALLEY.

Diwank Singh Tomar  joined 19 other young & 
exceptional youngsters from around the world to 
become a Thiel fellow.The Thiel foundation's 
fellowship comes with a cheque of $1,00,000 and
access to some of the greatest mentors of our times.
The legendary Peter Thiel  is the PayPal  co founder
and Facebook's first investor.

Tomer is now working on a platform to create interactive 
lessons in basic sciences in the Silicon Valley.

This must give few lessons to our framers of education policy to identify
talent at a very young age,nurture them,fund them and mentor them to
to give their best in the area of pure Sciences & Technology. Our country
 has huge potential to create our own Silicon Valleys and we can be the
best provider of technology to the new era of technology.

Courtesy:Yahoo India-Specials.

EDITORIAL.

                    IS MEMBERS OF PARLIAMENT OUT OF TOUCH WITH REALITY?.

 One of the Congress members of Parliament said that one can have a meal at
Rs.12/- Many people are angry with this statement as it is far away from reality. 
To his defence, I say that a good vegetarian Thali is available for Rs.12.50 in the
Parliament canteen as it is subsidised out of tax payer's money.Following are the 
price of various items available in the Parliament canteen:

                                                       1.Tea        : Re 1/-
                                                       2. Dosa     : Rs 4/-
                                                       3. Non.Veg Thali  : Rs.22/-
                                                       4. Veg.Pulao         :  Rs.8/-
                                                       5.  Fruit salad       : Rs. 7/-
The people of the particular M.P's constituency should understand how much
their representative is cut off from the reality.


                            

EDITORIAL.

                                                            THE NEW QUIT INDIA MOVEMENT.

Just a day after the UPA government led by Dr.Manmohan Singh  government
announced measures to boost FDI investments into India, the global  steel giants 
Arcelor Mittal and Posco announced their exit from India.

Arcelor Mittal led by an Indian Mr.L.N.Mittal announced that they will be pulling
out of India, investments to the tune of Rs.50,000 crores ($ 10 billions) .The Arcelor
Mittal planned to set up a steel project in Odisha.The reason given is delay in
acquiring land and iron ore linkages.

POSCO wanted to set up a steel mill project in Karnataka with an investment of 
Rs.35,592 crores($5.3billions) but pulled out due to delays in iron ore mining rights
and land acquisition problems.

Hence,totally the country lost investments of more than Rs.80,000 crores
($16 billions)due to lack of clarity in the policy.Added to the worry is that the 
FII's pulled out Rs.44,162 crores ($7.5 billions) from the Indian Capital 
Markets in June.

Is BRICS (Brazil,Russia,India,China & S.Africa) losing shine and MINT (Mexico,
Indonesia,Nigeria & Turkey) emerging as new investment destinations?. 

INDIAN RUPEE AT THE LOWEST EVER. RBI & THE GOVERNMENT CLUELESS.

Reserve bank Governor Mr.D.Subba Rao said,it is difficult to estimate when the situation will improve. Ofcourse,the weakening of rupee is also due to some global factors,but Indian factors outweigh more than global factors.

If we trace the value of rupee vis-a-vis US dollar,from 1947 till date, the rupee has steadily declined. The value of rupee(INR) vis-a-vis US dollar(USD) is as follows:
                                                               on 15th August 1947,1 USD = 1 INR.
                                                               In 1966                        1USD = 7 INR.
                                                               In 1970                        1 USD = 7.47 INR.
                                                               In 1975                        1 USD = 8.41 INR.
                                                               In 1985                        1 USD = 12.36 INR
                                                               In 1990                        1 USD = 17.50 INR.
                                                               In late 90's                  1 USD = 24.58 INR.
Now,1 USD is equivalent to Rs.60.00 and it crossed Rs.61 last week. Let us wait for  
the day when 1 USD will be equivalent to 1 INR .Will the wait be an eternal wait ?.
                                                              

Mr.Bikky Khosla addressing the Media.

Tradeindia.com a B2 B market place launches GetDistributors.com to help mid & large sized companies to  

appoint distributors and boost their sales. Mr. Bikky Khosla ,Founder & CEO said "the website www.getdistributors.com  will be an ideal search based online platform  for companies & individuals who are looking forward to expand their business by appointing or becoming distributors,franchisees or a sales agents in India or in abroad".

The website will also provide a section ASK THE EXPERTS where a member can post questions 
about distributors,Franchisees &  sales agent  and in return they will get  answers in detail from an expert.

MEET INDIA'S YOUNGEST APP DEVELOPERS.

Kumaran Brothers, Shravan & Sanjay .

Shravan aged 12,studying in VIII standard and Sanjay aged 10 years


Source:Yahoo India Specials.

HUAWEI REVOLUTIONIZES VIDEO CONFERENCING WITH TE-30-THE WORLD'S FIRST TO SUPPORT VOICE DIALING.

Ties up with HCL Infosystems Digilife Distribution & Marketing Services(DDMS) the TE 30 across India.

HIMALAYAN TSUNAMI.

WHY DOPPLER CLOUD BURST  PREDICTOR RADARS NOT 
INSTALLED IN UTTARAKHAND-WHO SHOULD BE MADE
 ACCOUNTABLE FOR THE DEATHS OF INNOCENT PEOPLE?.

NEGLIGENCE KILLED MANY PEOPLE DUE TO BUREAUCRATIC
RED TAPE.- EXPERTS ADVICE IGNORED.

When Doppler radars are established in non critical areas,why they are not
installed in Uttarakhand inspite of  Geological Survey of India Report?.

It is time to review the performance of NDMA who have failed in all counts. 



 

 EDITORIAL.

 POLITICAL OUTBURSTS IN THE HOUR OF CALAMITY.

Mr.Digvijay Singh,Congress General Secretary stated other day that Mr.Narendra
Modi said that he rescued 15,000 people when he visited Uttarakhand.To this comment,Mr.Rajnath Singh,President of BJP said that Mr.Narendra Modi never
claimed that he rescued  any one and he confirmed it from Mr.Modi. Now,the
readers want to know who is telling the truth and who is telling a lie?.

But the need of the hour is effective coordinated evacuation operation and best
rehabilitation process thereafter.We wish that the politicians speak in one voice 
and not to score brownie points for election purpose.

EDITORIAL

                            OIL MINISTER'S CHARGE AGAINST IMPORT LOBBY.

Recently Mr.Veerappa Moily,Minister for Petroleum said that the oil import lobby
is threatening every Petroleum Minister  and he said that he cannot be threatened.
When the media asked former Minister Mr.Ram Naik,who was petroleum Minister
for 5 years in NDA government about this,he said,he was never threatened.We
wonder why the media did not follow up this story.If Mr.Moily's comments are
true ,the government must come out with clarification immediately.The rupee is
at all time low of Rs.60.70 .Will there be any link between the two as India is
the third biggest oil importer in the world.

We wish the media follow up the story and come out with the facts as the comments
are made by the senior cabinet minister of UPA.He is the man who call a  spade 
a spade.

IAF's C130J at Uttarakhand.

Indian Air Force and Indian Army Evacuating 
stranded people in Uttarakhand.

IAF so far flown around  150 sorties  and evacuated around 1400 people from places,including the worst affected places
Kedarnath-Gaurikund axis.

The army has deployed  around 10,000 personnel  for the rescue operations.

Courtesy:Rediff.com/Press Information Bureau.

EDITORIAL.

WE SALUTE THE DEFENCE FORCES FOR THE SERVICES THEY RENDER
IN EVACUATING THE COMMON CITIZENS STRANDED IN THE CALAMITY
CAUSED DUE TO THE FLOODS IN KEDARNATH AND IN AND AROUND 
BADRINATH. 

 EDITORIAL.

WHAT A WEAK RUPEE MEANS FOR INDIAN CITIZENS.

The Rupee is weak and the Dollar is strong. If a tourist comes from America,he
carries his national currencyi.e Dollar.The US Dollar fetches him Rs.59.78,whereas 
an Indian going to America carrying his national currency i.e Rupees has to pay Rs.59.78 toget  get one US Dollar.What does this mean?.  An American Tourist  can 
spend freely in India and enjoy a beautiful holiday in any place he wants, but an Indian Tourist visiting America has to calculate every rupee before
 spending. This is what the true economy is about. This is what our governments from 1947 has done for the Indian Citizens.The present quote of the rupee
vis-a-vis the US Dollar is  at the weakest level since independence.

I am waiting for a day when the US Dollar and the rupee quote the same,i.e one
Dollar for one rupee.. Is it a pipe dream? or asking for too much?

Mr.Sharvanna,Mr.Sandeep,Ms.Priyanka Upendra,Mr.Anil Jain,& Ms.Lakshmi

JEWELS EXOTICA- A Premium Jewellery
Exhibition Cum Sale of Exclusive range and Variety Under one roof.


At Koramangala Indoor stadium,Bangalore.
From June,14th to 17th.

Over 50 Top Jewellers across India to Participate in the Exhibition.

Mr.sandeep Bekal,convener of the event said," Jewels Exotica has been conceived keeping in
mind the tastes of the creme de la creme of Bangalore. World famous handcrafted gold jewellery from Kolkata by P.C.Chandra,the diamond specialist kirtilals from Coimbatore,Muliya Jewellers from Puttur,Victorian Nizam's collection from Jagadamba,Hyderabad,& Designer wear from Amrapali from Jaipur,Antique jewellery from Navrathan,North Indian designs from Neelkanth Jewellers , exclusive Burmese Jewellery from Mirari,New Delhi and Abran and few more reputed jewellers will be showcasing their jewellery in the exhibition.