India’s Per Capita Income

Rs 38,084/- That is the Per Capita Income of Indians in FY2008-09, i.e., on average every Indian ‘s annual income is this amount. What can you do with Rs.38,084? With the current retail prices I believe you you will find it tough to live in an Indian City. Most of the people I know will ...

I know an Author Personally, Hurray!

I know an Author Personally, Hurray!
For long being famous is an unwritten and most undermined goal/ambition for many. I think it will continue to be so as long as Human Kind is alive. I have my share of wanting to be famous/well-known or at least know the famous/well-known. The latest addition to the later part is knowing an author personally, ...

Traffic Fines in Tamil Nadu

Fine for Various Traffic Voilations in Tamil Nadu. Next time a cop stops you, you know how much to pay (fine or bribe) TAMIL NADU Offence Code Nature of Offence Penal Sections under M.V.Act and Compunding Fine Amount as per G.O.Ms.No.30 Home (Tr.V) Dept. 11.01.2000 RR 01 Contravention of Section 41 (7) of the Act ...

Reactive Regulators

The title of this post may sound ambiguous. I like to comment on the way Regulatory Authorities work esp. in India and in the Financial World. What is the role of a regulator? Is it just to set right any wrong-doing or is it to prevent any wrong doing? I feel a regulator must emphasis ...

Satyam Investigation – Hidding More Finding Less

The day court denied access to Ramalinga Raju for SEBI & SFIO, something looked suspicious in the investigations. To add to it daily statements are made by CB-CID about the relevations of the arrested trio and then they are flatly denied by the lawyers of the accused. Are we in for a staged drama here? ...

Idea Cellular Advertisement – Thought Provoking Idea

Idea Cellular has used innovative themes in it’s Advertisements – the Mobile Schooling to enable masses in the hinderland attend school was great. How implementable it is using mobile phones is a big question? But definitely with improvement in bandwidth and data transfer rates probably we can have video conferencing in remote schools. The latest ...

Corruption is Beneficial

Who says Corruption is Bad? Corruption is Beneficial to the Society. Corruption helps me (read: Officials) make more Money. Isn’t this Beneficial? Corruption helps me(read: Officials/workers) work less. Isn’t this Beneficial? Corruption helps me (read: common man) get away from Traffic Violations without major fine or cancellation of my Driving License. Isn’t this Beneficial? Corruption ...

Satyam Saga Ends

Shocking disclosures by CEO Ramalinga Raju today. The Letter to the board had disclosures about false revenue and profit figures. Shocking indeed. The facsimile is attached for your reading. (Raju’s Letter)

Go Green! – Save the Planet or Cost Cutting

What is the real reason behind the active “Go Green” Campaign by many Companies (esp. in the Financial Sector in India)? Do they really want to help Save the Planet? Most “Go Green” Campaigns by the Financial Sector Companies start with sending Email statements to their customers – be it banks, Mutual Funds or Credit ...

New Year – New Hope?

New Year has Dawn! The New Year brings with it new hopes of a better Economy and Peace. The year gone-by was one to remember and to forget – to remember for the lessons learnt from the mistakes made; and to forget for the horrible events that unfolded over the months. Change has been the ...