Tuesday, March 22, 2016

KARNATAKA.

THE ANTI CORRUPTION BUREAU(ACB)-APOOR SUBSTITUTE 
FOR LOKYUKTA.

The government of karnataka's move to empower Anti corruption Bureau
is perceived as a move to weaken the institution of Lokayukta by the people.
How can an ACB function as an independent body under the government
control?Sooner the government shelves this idea,better for the government
to restore the lost image on this issue.

Monday, March 21, 2016

MAHINDRA TWO WHEELERS LAUNCHES "GUSTO 125" SCOOTER.

Powered by 125cc M-Tec engine.

SPECIAL FEATURES OF THE SCOOTER GUSTO 125.

1.Load Sensing.    3.Low friction.
2.Digital Ignition.  4.12" Tyres in Both wheels.
Mr.Vinod Sahay,COO,Mahindra Two wheelers Ltd.,
launching the scooter  GUSTO125 in four colours.
5.Best in Class Ground Clearance. 6.Height adjustable seat.
7.Find Me Lamps if parked in dark areas.
8.Remote flip Key.
9.Guidance Lamp for 20 seconds to find way to go to the door
    in case of darkness around the house.

Addressing Media while launching the Scooter,GUSTO 125, Mr.Vinod  Sahay,
Chief Operating Officer, Mahindra Two Wheelers Ltd., said,"Mahindra Gusto125
is a Complete,fully loaded scooter with special features that is sure to delight customers".

Price: ex showroom Bengaluru:
(a)  Gusto 125 DX :Rs.50,680/-    (b)   Top end Gusto 125 VX: Rs.53,680/-.
The company will be having 450 dealers across the country.

Sunday, March 20, 2016

BUDGET AND THE BRIEF CASE.

The Finance Ministers either at the Centre or in the states show their
Mr.T.T.Krishnamachari with budget papers.
Brief Case for the Photo op before presenting the Budget. One wonders
why the Brief case and why not a Bag Pack which is a symbol of modern 
youth as India is a young country.The first finance Minister of the country
Mr.R.K.Shanmukham Chetty,then T.T.Krishnamachari did not show the
Brief case before presenting the budget but their followers did like 
Y.B.Chavan,Yeshwant Sinha,Dr.Manmohan Singh and the present Finance
Minister Arun Jaitley.

Mr.Pranab Mukherjee.

Mr.Yashwant Sinha.

Even the British Finance Minister George Osborne show the Brief case
containing the budget papers.We donot know who learnt from whom?

Mr.R.K.Shanmukham Chetty,the First Finance Minister of the country before the Budget.
Mr.Arun Jaitley.
Dr.Manmohan Singh.

Saturday, March 19, 2016

KARNATAKA CHIEF MINISTER SIDDARAMIAH PRESENTS
RECORD 11th STATE BUDGET.

The Chief Minister Siddaramiah says," Priorities of the government
reflected in the past three budgets are continued in this budget also.
New policies have been framed for Education & Health sectors".

Heavy industrial areas in Bengaluru(Peenya & Bommasandra),
Mysuru,Belagavi & Hubballi declared Industrial Townships.

Value Added Tax (VAT) is reduced from 14.5% to5.5% on set top
boxes,helmets,LED bulbs,multimedia speakers,paper boards,
adult diaper may bring some cheer to people.But the decision to
increase entertainment tax from 6% to 10%  is not a welcome move
says the Cable operators.The hike may directly affect the consumers.

The Pub Capital of India does not welcome the increase in the cost
of the Beer and Indian Made Foreign liquor.The government says 
this move is to promote Responsible drinking.

The Opposition says the Budget is an Insipid Budget.
HCG IPO OVERSUBSCRIBED.

The Rs.650 crore IPO of Healthcare Global Enterprises Ltd,
was oversubscribed 1.56 times on the last day of the offer on
Friday.

Wednesday, March 16, 2016

HCG IPO OPENS ON 16.03.2016 & CLOSES ON 18.03.2018.

The price band is Rs.205/- to Rs.218/-

Healthcare Global enterprises Limited (HCG),India's leading provider 
of Cancer care is entering the capital market with an initial Public
Offering.The IPO consists of a fresh issue upto 11.6 million equity 
shares by the company and an offer for sale upto 18.2 million equity
sharess by existing share holders  as mentioned in the Red Herring
Prospectus dated 4th march,2016.

The offer is made through the book Building process wherein atleast 
Dr.B.S.Ajai Kumar,Chairman& CEO addressing media.
75% of the offer will be allotted on proportionate basis to Qualified
Institutional  Buyers (QIB's). The Company in consultation with the
 investor selling sharehoders & BLRMs,may allocate upto 60% of the
QIB portion to Anchor Investors at the Anchor Investor Price on a
discretionary basis,out of which one third shall be reserved for 
domestic mutual funds only.

The Company proposes to utilise the net proceeds of the fresh Issue
towards; 1. Purchase of medical equipment, 2. Investment in IT software
services and hardware, 3.pre payment of debt and 4.General Corporate
purposes.

The equity shares will be listed in BSE and NSE .The minimum Bid lot 
is 65 equity shares and in multiples of 65 equity shares,thereafter.

This venture is purely a Doctor's Driven Enterprise.

Note: The investors are advised to go through the  Prospectus
before taking the decision to invest.



Friday, March 11, 2016


TOURIST DRAGS SWAN OUT OF THE LAKE  FOR
A SELFIE,REPORTEDLY LEAVES IT FOR DEAD.
Appeal: Please donot harm the birds,animals.They are all God's gift to our mankind.Be kind to all living creatures and have concern for the nature.

Source:The daily Buzz,Macedonian International News Agency & Yahoo News.

Thursday, March 10, 2016

MARCH 10TH IS GESTATIONAL DIABETES MELLITUS(GDM)
DAY IN INDIA.



DIPSI (Diabetes in Pregnancy Study group in India),Asian Research&
Training in Institute for Skill Transfer(ARTIST);World Diabetes Foundation
(WDF); and Federation of Obstetric & Gynaecological Societies of India
(FOGSI) join hands to launch nationwide campaign against GDM.High
sugar levels in the mother during pregnancy needs to be tackled before
and beyond pregnancy.

Dr.V.Seshiah,Chairman & Chief Mentor,DIPSI said,"There is an urgent
need to create awareness  on GDM  and hence March,10th is declared as
GDM Day in India".

Dr.Hema Diwakar, Chairperson,ARTIST said,"we want India to be known
as Diabetes Care Capital of the world instead of Diabetes capital of the 
world".


Wednesday, March 9, 2016

Crew Cmdr.K.Bajpayee,Cmdr.Shubhangi Singh,
Capt.R.Kirti Gupta,& Capt.Amrit Namdhari set a
World Record.
NATIONAL CARRIER "AIR INDIA"FLEW THE
WORLD'S LONGEST ALL WOMEN FLIGHT FROM
NEW DELHI TO SAN FRANCISCO.

The flight which travelled 14,500 kilometres in 17 hours was
operated as part of International Women's Day celebrations.

AS INDIANS WE ARE ALL PROUD OF YOU.