Power ranges
Monday, 30 July 2012
You got a fast car Apr 8th, 12:06
You got a fast car
More corrupt & more vulnerable the leader is, more is the length of the motorcade;only exception is to the Swaziland King a he still needs to impress virgin girls to become his endless concubines by display of modern wealth & acquired out of grants and subsidy from the world.
Most of the African leaders are pathetic & away from ground realities.
No wonder the continent has suffered & would continue to languish. By the way what is the size of the motorcade of US, England or any of G7/ G20 head of nation?
Most of the African leaders are pathetic & away from ground realities.
No wonder the continent has suffered & would continue to languish. By the way what is the size of the motorcade of US, England or any of G7/ G20 head of nation?
Gold standards Apr 8th, 12:22
Gold standards
IOC is a rich body for sure and has got richer over the years.
Can a decision by this committee can be taken to give away a real solid standard weighing gold medal?
The officials of IOC travels first class & even by private jets, stays in the best of the hotels for months together and the list of such profligacies feeding the ego is endless to describe.
Is it too much for such a body to take a decision on it to invest in gold medals that would not be more than 50 KG of gold assuming a standard weight of 100 grams and not more than 500 gold medals per four year per game.
This would be just mean US dollar 3 million of additional cost, which should be peanuts as compared to the total cost of the events.
Surely world doesn't know how to reward the Olympian Champions.
Let us think about it & London committee ; please do not get stingy on this. You have millions of conduits to cut corners!!!
Weight of gold medals at previous Summer Olympics & more than 100 grams in Red:
Stockholm 1912: 24g
Antwerp 1920: 79g
Paris 1924: 79g
Amsterdam 1928: 66g
Los Angeles 1932: 96g
Berlin 1936: 71g
London 1948: 60g
Helsinki 1952: 46.5g
Melbourne 1956: 68g
Rome 1960: 211g
Tokyo 1964: 62g
Mexico 1968: 130gMunich 1972: 102g
Montreal 1976: 154g
Moscow 1980: 125g
Los Angeles 1984: 141g
Seoul 1988: 152g
Barcelona 1992: 231g
Atlanta 1996: 181g
Sydney 2000: 180g
Athens 2004: 135g
Beijing 2008: 200g
The Vancouver 2010 Winter Olympics medals were the heaviest ever at 576g. With a diameter of 100mm, they were the largest as well.
An unlucky man Jun 16th, 04:01
Mr. Kurian, being an Indian, it is natural to have a lot of emotional reactions to this epic case. Rajat Gupta is amongst the most brilliant mind in the world, a fact that is acknowledged by all, but howsoever circumstantial the evidences maybe, the hard facts are the wire taps of his conversations with Rajarathnam & the timings of those specific trades. India is a different story, where criminalisation is even forgiven, leave alone insider trading that goes on unabated everyday by promoters, brokers and bankers nexu at the expenses of small investor. The fire, if there, always has a trail of preceding smoke. Rajat Gupta has not been denied justice at all and is free to advocate his case under appeal. Chances of him coming out unscathed is remote as US would like to set a precedence at his expenses, but the big daddies of Wall Street would still roam free; after all they have found a sacrificial lamb to absolve themselves from the sin of the Wall Street world.
Lady's first Jun 20th, 17:12
A ploy by Chinese junta to appease the support & oppression of Aung San Suu Kyi & the likes for more than 2 decades; or there must be noticeable gender bias due to there child policy. Progress China made riding on the back of western power and education is very visible , but still has many many miles to cover to cover its track of abuses. One day world & the Chinese themselves will not forgive its leadership. But definitely a commendable attainment for the moon walk.
At the front of the back office
Agreed. But the first underpinning that I see is that Indians have to to give up their arrogance in the way they prefer to conduct the businesses. Since manageable talents are available in large numbers, a systemic weakness & vulnerability is an accepted way of life as the thinking is that things can be managed easily and A is replaceable by B without much seismic effect on business, which is not true for the West. Their talents are nurtured, here they are discarded and ignored as man at helm is more interested in organisational game play than business evolution. That is the tragedy of being Indian & doing business in India. Thanks once again for sharing your thoughts & I am obliged.
Hi there, thanks for your response. Based in India for last 2 years (after a gap of almost 12 years) I do not see any great potential for talents at low end skill sets, however at leadership level the holistic exposures are even more glaringly lacking & yet people demand compensations that are at par or more than what one would pay in US or in Europe & yet the business volume handled by a VP level person for that kind of salary could be close to a 250 million to a billion dollar in western world & I note that Indian managers wilt/ fail to deliver similar results at even 10 million dollar volume. These are the situations in large corporates & the plight of SME is even more agonising at leadership level. People are just clutching on without being mobile and contributory & companies tolerate by the principles of a "known devil being better than unknown angels". A very peculiar marriage that I haven't seen in west.
I would also request you to read through one of my responses & get me a feedback; of course your time permitting. This was in response to one reader identified as "AbhimanyuN" on 26 June at 9.26 AM below.
I would also request you to read through one of my responses & get me a feedback; of course your time permitting. This was in response to one reader identified as "AbhimanyuN" on 26 June at 9.26 AM below.
The outsourcing game would eventually shrink for both India & Philippines and would taper in less than five to ten years. The worst hit would be India, if not already. The USA & some part of Europe would eventually need those jobs badly for political reasons & all the bailout packages given in last five to seven years either as booster, stimulus or subsidy would be just sucked by an inefficient generator of employment, easy life and competing forces. Politicians would need those jobs back badly to "generate" employment. All third world countries & emerging economies need to evolve their own backbone in growth through manufacturing, infrastructure and domestic consumptions. The world is only going to get more greedy & competitive than what it is today.
I think the comparison doesn't hold much merit on economic grounds. India's existing GDP is over USD 4.5 trillion, against Philippines USD 390 billion. India has diverse sources of fueling it's economy, and unlike Philippines it has moved up in the value chain and reduced its dependency on call center's. Today, India plays a leading role providing high end IT technology services to the world, therefore call centers have taken a lower precedence. The IT Market in India alone is valued at USD 43 billion. It is good to see that the Philippines economy is positively affected by the call centers, however what remains to be seen it whether they can move up the value chain like India could.
No you CAN NOT----Pilipino CAN Do what american CAN do in Call centers and back office job----The different is the SALARY-----
US companies will LOST billions in profit If america RECALL this kind of jobs back to the US---
So SORRY ------
US companies will LOST billions in profit If america RECALL this kind of jobs back to the US---
So SORRY ------
With all the unemployed people in the US, it's time to bring back these jobs. Let the Indians and Filipinos go call each other, and have fun with each other's accent.
A glimpse of Indian narcissism of educated class is clearly streaked in what you say. I do not have a clue about your involvement in IT sector but the emphatic claim that India has moved on the value chain in IT is totally misplaced. The quality of education that India provides doesn't even merit that kind of assertion. Do not compare the Indian economy in absolute size with Philippine; but if you must then look at demographic indicators. We haven't done too well as compared to any of our Asian brothers exception being perhaps Pakistan & Bangladesh and a few from war torn zone. How many software engineers who are having some creativity & skill are willing to work in India & for which Indian companies? Answer is few or none unless having some social compulsion. Naturally with only second rated people available with marginal or no training as compared to western world, the quality of work coming to India largely are also mediocre. Creativity & respect for skills would always have a back-seat in India because of employers’ attitude towards self respect for what they are doing & also for self respect of employees. And we are complaining of attritions!!! India today at best is third or fourth tier processor of goods and services (even in IT sectors) as we never invested in right education and standardised it across India & therefore created Universities and institutions that only distribute degrees not skills. Compare the educational standards of India with any European or top 100 US Universities.This is our creativity urge as we make people more insecure after giving them a sham education. IT sector is no exception & would languish henceforth, if it has not started already. Sad that a sunrise to sunset is about to happen a bit too soon. Being a realist in India today helps without illusion of being elitist as the India story that was written like a fairy tale is likely to have a very hard landing unless Indians come to grip with realities of their own problem, which is more gargantuan than what meets the eyes at a glance. As a proud Indian I can tell you this.
Adieu, la France
Socialism in its classic form is almost abhorred in any economy. Socialism today embraces capitalism is a big measure and recognises that growth momentum in any society cannot come by self isolation and welfare without accruals. They cannot come from public services & government alone unless the recognition of wealth creation through a capitalism model of entrepreneurial investment is embedded. The world post 90's USSR is very different today & even China embraced capitalism despite being hard core communists in governance. France cannot blunder by insulating itself from the world and French people demanding only more of favours without any accruals. The hard reality is that the world & government today is first give and then take. Crony socialism & crony capitalism has been a social reality in most of the economies & the industriousness of the nation would eventually decide its prosperity irrespective of the economic model being adapted. Wealth creation is secondary to wealth sharing if the society wants to progress, be it France or anyone else in the world. But the spirit of enterprise would live on forever.
At least 52% of French people are happy that their Hungarian playboy president is out for good. Let us hope the renewed surge of socialism in France brings new hope, prosperity and integrity towards the Euro zone. It is up to Frenchmen & women to rise to the call & prove the world wrong that France can do what is expected out of it. And more.
Marissa moves in
Whichever doctor you choose for a chronic malaise, the remedy prescribed would be almost similar. It is now for Yahoo to choose if it wants a slow panacea or an invasive surgical treatment. But Yahoo seems to suffer from a malignancy problem and all fixes by any doctor they bring for treatment would be a fix & in hope of a cure. As an Yahoo user from 1998 I feel sad to see the end of a behemoth that used to define 'experience'and kept everyone at arms length & now those arms have wrapped around it to feel what strangle is all about....
She is nothing but Stephon Elop of Yahoo.
Google never wants formidable opponent like Facebook takes over Yahoo which will give great value to Yahoo investors.
Jerry Yank screwed up Yahoo shareholders for not allowing Microsoft to take over. He always takes wrong advice from his "Google Friend".
Eric Schmidt (Ministry of Propaganda in Google land) is doing his best to destroy Yahoo.
Yahoo need a true visionary like Steve Jobs aka "Prophet Moses of Digital world" . Not a Geek or Nerd from a "Search Engine Monopolist".
WOW!! This is surely a perspective worth going over again & again; and again. This is rebellious strategist at its best.
Can Russia create a new Silicon Valley?
Even after 20 years their gun on the temple work culture and eye in sky thinking hasn't been able to earn them any credibility. Yes the bright and the capable were asked to dig potato fields in Siberia earlier now have some freedom to better harness their skills. We don't know if the experiment would succeed but surely would open a new gateway to become invasive on Silicon Valley in some way or other leading to few spats that would surely rock the world of web with security issues. Attitude and traits do not change in a generation that took more than 3 generation to seep in.
Employee fraud: SKS Microfinance staff embezzle Rs 15.8 crore
Employee fraud: SKS Microfinance staff embezzle Rs 15.8 crore
This kind of fraud cannot happen without connivance from senior management team. Where cash is handled, it is normal for any sensible business to take a personal enforceable Bond or third party Guarantees from employees. What kind of NBFC/ Micro Finance is that, which doesn't allow space for such basic due diligence and allows businesses to continue to defraud the investors? Of course, the change of top management now is clear what was the motives earlier. And auditor were sleeping all these years on adequacy of internal control measures commensurating with the size of the business. Appalling.
This kind of fraud cannot happen without connivance from senior management team. Where cash is handled, it is normal for any sensible business to take a personal enforceable Bond or third party Guarantees from employees. What kind of NBFC/ Micro Finance is that, which doesn't allow space for such basic due diligence and allows businesses to continue to defraud the investors? Of course, the change of top management now is clear what was the motives earlier. And auditor were sleeping all these years on adequacy of internal control measures commensurating with the size of the business. Appalling.
59% of Indian students to Britain fake: Report
59% of Indian students to Britain fake: Report
Education is a big business in UK & all these inventive is to make the students pay more for the public & private colleges and for the universities. Why this confusion arises at all if UK is serious then they should only allow the meritorious students a right for higher studies in their land. They are not doing that but are allowing anyone and everyone who can afford to go to college in UK. Naturally the rich students who are not able to score high sees a value in pound more than a rupee. He only sees a 1000 pound job that in rupee equivalent is hard in India. UK is the prime culprit & yet it wants to blame others; typical British ploy & sinister.
Education is a big business in UK & all these inventive is to make the students pay more for the public & private colleges and for the universities. Why this confusion arises at all if UK is serious then they should only allow the meritorious students a right for higher studies in their land. They are not doing that but are allowing anyone and everyone who can afford to go to college in UK. Naturally the rich students who are not able to score high sees a value in pound more than a rupee. He only sees a 1000 pound job that in rupee equivalent is hard in India. UK is the prime culprit & yet it wants to blame others; typical British ploy & sinister.
Apple CEO loves India but doesn't see much business here
rajeevpandey100 (Mumbai) 26 Jul 2012, 15:09IST
The snob appeal of for the product only entices less than 2% of phone users. Convenience, price sensitivity & value for money are the key drivers for Indian users. Under the circumstances Apple would still remain a forbidden fruit in India. India is like a beautiful party girl who everyone likes to sleep with but shuns away from taking her as a bride. Anyway Apple would also have its low tide very soon and I foresee in next 3-5 years the products of Apple crashing to less than 50% from its current value. This is the best part of being in India, competition can singe and can scald any forbidden fruit!!!
Clear your dues before taking job interviews
Clear your dues before taking job interviews
CIBIL would want to sell these ideas to many employers who are largely non Indian in origin. Getting all data in India on credit worthiness of a retail consumer from banks and card provider is a task and half. Besides, a secrecy and agreement not to share the data is already there as a tacit clause in the contract between a card holder and issuer except in case of court cases. I do not think any card issuing agency would do that blunder and face libel running into thousands of times more that the card earning. Problem in India is that employees and job seekers are treated like a street dog and a beggar rather than one who is bringing value to the table. Employers still think that they have done a favour by giving employment. This arrogance is going to vaporise soon once employees learn to distinguish between rights & obligation and employers are taught what their worth is without the right manpower. In the meantime, the fools can look into card details to keep on losing on the opportunities and money by employing duffers with excellent track record of card payments but having no contributions to the industry/ segment of employment. Incredible India!!! Again a borrowed concept that is bound to fail.
CIBIL would want to sell these ideas to many employers who are largely non Indian in origin. Getting all data in India on credit worthiness of a retail consumer from banks and card provider is a task and half. Besides, a secrecy and agreement not to share the data is already there as a tacit clause in the contract between a card holder and issuer except in case of court cases. I do not think any card issuing agency would do that blunder and face libel running into thousands of times more that the card earning. Problem in India is that employees and job seekers are treated like a street dog and a beggar rather than one who is bringing value to the table. Employers still think that they have done a favour by giving employment. This arrogance is going to vaporise soon once employees learn to distinguish between rights & obligation and employers are taught what their worth is without the right manpower. In the meantime, the fools can look into card details to keep on losing on the opportunities and money by employing duffers with excellent track record of card payments but having no contributions to the industry/ segment of employment. Incredible India!!! Again a borrowed concept that is bound to fail.
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A few countries, like Pakistan, capacity seems a bit exaggerated and truly does not gives a right picture.
Fossil fuels like, coal, gas etc. would soon be not an option due to serious depletion and environmental issues.