Adieu!! 2007 HAPPY NEW YEAR 2008

Another year gone by. Aah! yeah almost gone by just 10 hrs remain... i dont think it woild be justifiable if i say that the year 2007 was just an another year. Ofcourse for majority of the people who read the post it was just an another year but for some it might have been a year to remember, a year whose memories are cherishable ever after. a year which would have given the joy like no other year had...
For me, there was not enough excitement only thing is that i got more matured. Matured enough to avoid unrealistic thoughts (I am gr8 day dreamer)... so the needle is slightly inclined to the another year part of decription of 2007 :)
I read a page from TOI, sort of compendium of events without chronology which has nicely compiled the events of 2007. I am posting the same here, hope you would like and thank me for this. Wishing you a sparkling new year 2008 ahead...Stop complaining about what 2007 havent given you, start thinking the positives of 2007 and go ahead to embrace 2008 with zest...

A

Ajmer Sharif, the mecca of secularism, bombed, two killed. Abhi-Ash are married, media kept out. Alistair Pereira gets three years from HC for mowing down seven labourers while driving drunk. Adam Air Flight disappears over Indonesia, 102 die. Atlantic crossed by youngest sailor, Michael Perham, 14. Australia beat England 5-0 in Ashes, lift World Cup third time running. Anand Jon, designer, indicted for rape. AIIMS’ P Venugopal, and health minister Ramadoss fight on

B

Beyonce seduces Mumbai. Brian Lara, 37, announces retirement from ODIs after West Indies defeat in World Cup. Bachchans are highest tax-paying family with returns of Rs 25 crore. Black Friday releases, finally, to acclaim. Bombs on Samjauta Express kill 68. Britney Spears in rehab shaves head, tries to hang herself. Tony Blair steps down as Britain's PM. Bangladesh cyclone kills 3000. Bob Woolmer, Pak cricket coach, found dead in Kingston. Benazir Bhutto assassinated in Rawalpindi. Burma burns for democracy.

C

Cristina Kirchner becomes first wife in history to succeed husband as Argentinean president. China oil field in Ethiopia attacked, 74 killed. Chiranjeevi’s daughter Srija elopes with Sirish Bharadwaj, asks for police protection from father. Columbia Univ President Lee Bollinger calls guest speaker Iranian president Mahmoud Ahmedinejad “a petty and cruel dictator”. India wins ODI series against West Indies and Sri Lanka. Chennai court rejects Novartis patent plea in a landmark cancer drug case, boosts India’s generic drug industry

D

Dhoni becomes captain at 26, leads team to T20 win against Pakistan. Team gets unprecendeted reception in Mumbai. Dumbledore, the beloved Hogwarts Headmaster, is outed from closet by J K Rowling. The Departed, Martin Scorsese’s gritty film on the mafia wins four Oscars. Dow Jones plummets wildly after Chinese market drop. Donot-call service activated, but pesky telemarketers continue. Delhi’s former CM dies on Rajasthan’s killer roads. Delhi model Gitanjali Nagpal found living on the street, rescued.

E

Emergency declared in Pakistan. Emergency declared in Bangladesh, Iajuddin Ahmed steps down. European Commission announces proposals for the European Union to cut carbon dioxide emissions by 20 per cent by 2020 and 60 per cent by 2050. Elizabeth Hurley and Arun Nayyar marry, after years of courtship, in a 15th-century palace in Cotswold, England with lavish receptions in Mumbai and Jodhpur. ET, please call, says Arthur Clarke on his ninetieth birthday.

F

Fake encounter of businessmen leads to arrest of 10 Delhi cops. Forest Whitaker gets Oscar for his turn as Idi Amin in The Last King of Scotland. French government bans smoking in public places. Flamingos killed for meat in Mumbai. French President Jacques Chirac makes a gaffe, says that Iran’s nuclear ability is so dodgy that a weapon would explode over Tehran before Tel Aviv; retracts after furore. Force India is Vijay Mallya’s name for racing team, after he buys Spyker F1 for $109 million. Fidel Castro keeps on going.

G

Gordon Brown is new Brit PM. Gaekwads of Baroda’s pearl necklace sold for $1.7 million. Golfer Gaurav Ghei wins Bejing Open. Greg Chappell resigns as India’s cricket coach. Glasgow airport bombed by Bangalore doctor Kafeel Ahmed; cousin Mohammed Haneef cleared. Arun Gawli pays guests to dress for his daughter’s wedding. G8, India approve Washington Declaration on carbon trading. Gujjars burn Rajasthan to demand ST tag. Ganga is one of the world's 10 dying rivers. GDP in India rises to 9.3%.

H

Hardwar court issues nonbailable warrant to M F Husain for ‘obscene’ Bharat Mata painting. Husain’s works vandalised in Delhi. Hyderabad blasts claims 42, Huji and LeT blamed. Half of Britain’s millionaires are women. Hindalco, headed by Kumarmangalam Birla, buys Novelis for 6 billion dollars. Hitachi crosses the 1 terabyte hard disk capacity. Harry Potter final instalment published. He survives. Hugh Grant arrested for hitting lens man with a can of beans.

I

Indonesia landslides kill 81. iPhone, Apple’s hippest new gizmo, storms market. India’s first school shootout in Gurgaon, boy shot for being a bully. Indian rupee reaches eight-year high against US dollar. India loses Rs 2500 crore in betting on World Cup. India loses to Bangladesh. India has largest number of billionaires in Asia, 36. India, Pakistan exchange nuclear installations lists under 1998 agreement. India marks 150 years of the 1857 Uprising. Iranian President says herbal treatment will be the answer to AIDS. Iraq war death toll touches 11 lakh.

J

Jet and Sahara tie up to form Jetlite. James Laine’s book Shivaji-Hindu King in Islamic India un-banned by court; Shiv Sainiks attack Oxford bookstore thinking it to be the same as Oxford University Press. John Abraham has a year of flops, called Box Office Turkey. J K Rowling announces eighth Harry Potter book, giving details on Hogwarts. Japan records a trade surplus of 4.4 billion in January due to lower oil prices and strong exports. Jayalalithaa becomes the first leader from the South to address a rally in Hindi, at Bareilly in UP.

K

Kausarbi and husband Sohrabuddin were killed and burnt by police, admits Gujarat government. Keith Richards of Rolling Stones says he snorts his dad’s ashes, later says it was a joke. Kingfisher buys Air Deccan. Kerala boat with children capsizes, 22 drown. Santosh George Kulangara is first Indian to book Rs 90 lakh seat on Virgin Galactic for 2008 space trip. K P Singh of DLF, at $35 billion, is world’s richest realtor. Richest Indian crown retained by Lakshmi Mittal ($51 billion). Karnataka put under President’s rule.

L

Lal Masjid storming by Pak military, 160 killed. Doris Lessing wins Nobel for literature. Lina Sinha, a Manhattanite, gets 14 years' for sexual relations with a 13-year-old student. Loganathan, a prof at Virginia Tech, is shot by a gunman; Minal Panchal, a Mumbai girl, also dies. Lakshmana Kailash K spends 50 days in jail for being wrongly accused of posting obscene Shivaji pictures on the net. London mayor Ken Livingstone tells Mumbai planners to put their money in mass transport. Jay Leno badly hit by writers’ strike.

M

Maoists kill 55 cops in Chhatisgarh. Monu Mittal gets death for whistleblower Manjunath’s murder. Madrid 2004 train bombing trial opens. Mattel recalls millions of ‘toxic lead’ toys. Muttiah Muralidharan becomes highest wicket taker in Test matches with 709 wickets. Mayawati bans Aaja Nachle for caste slur against mochis. Malaysian Indians complain of ethnic violence, petition India. Narendra Modi is Gujarat chief minister for the third time.

N

New 7 wonders declared, India votes in the Taj. Nandigram shakes Kolkata’s conscience after CPM cadres kill 14 villagers resisting land sale. Narayana Murthy courts controversy by not playing national anthem before foreign guests. Nariman Point flat sells for record Rs 97,842 per sq ft. Number mobility across mobile service providers gives consumers greater choice. Nilofer Bakhtiar, Pak minister, gets fatwa for hugging French paraglider. Nawaz Sharif returns. NCERT to ban ‘fail’ word.

O

Osama Bin Laden turns 50 on March 11; a 51-year-old UK granny weds Osama’s son. Oldest living person in the world is Japan’s Yone Minagawa at 114 years. Orissa churches attacked at Christmas on conversion charge. Obama and Hillary Clinton continue to slug it out for President; former New York mayor Rudy Giulhany is strong Republican contender. Om Shanti Om released, becomes biggest grosser in Hindi cinema history, raking in Rs 94 crore and counting. Rival film Saawariya’s director christened Sanjay Neela Bhansali for shooting through blue filter. Film is a damp squib.

P

Pooja Chauhan, 22, walks through Rajkot in her underwear to protest in-law abuse for delivering girl.Padma Lakshmi and Rushdie split, he hooks up with Star Wars’ Carrie Fisher. Parkash Singh Badal is Punjab CM. Pratibha Patil is first woman President of India. Pakistan’s Shoaib Akhtar fails dope test, out of World Cup. Pavarotti dies. Priyanka Todi marries Rizwan, Rizwan found dead. Prakash Karat hogs news with anti-US nuclear deal stand. Pravin Mahajan gets life for killing brother Pramod. PlayStation comes to India.

Q

Ottavio Quattrocchi, the Italian Bofors accused, walks free from Argentinean jail. Queen Elizabeth II, 81, reaches new milestone as the longest-living British monarch; overtakes record set by great-great grandmother Queen Victoria. Sky's royal correspondent Sarah Hughes says, “For her, retirement is not an option.” She celebrates Christmas on YouTube. The Queen wins Helen Mirren an Oscar for Best Actress. More importantly, the realtime Queen is pleased and invites her to tea.

R

Rafael Nadal beats Roger Federer for third time in French Open. Renault’s Logan comes to India. Russian billionaire Roman Abramovich’s wife gets $9 billion, the largest-ever alimony settlement. Ram Sethu is not man-made, no proof that Ramayana events took place, says government affidavit. M Karunanidhi calls Ram a drunkard. Richard Gere issued warrant for kissing Shilpa Shetty in public. Rahul Dravid quits as captain. Ribbed-vibrating condoms banned by BJP in MP. Rahul Gandhi named AICC general secretary.

S

Sidney Sheldon dies. Shakira raises temperature in Mumbai. Sunita Williams spends a record 195 days in space. Sanjay Dutt gets six years' for owning AK-56. SBI is highest corporate tax payer. Shilpa Shetty cries racism in UK reality show, but carries away Rs 3 crore prize. SEZ becomes most hated word in village India. Nicholas Sarkozy is French prez. Sandip Soparrkar becomes first single male to adopt in Mumbai. Sachin is out in the 90s, for the seventh time in 5 months. Six-pack in demand.

T

Teri chief R K Pachauri’s panel on climate change and Al Gore win Nobel Peace Prize. Tax’s highest payer is Akshay Kumar, Rs 26 crore. Taslima attacked in Hyderabad. Thirtythree pairs of twins found in Bamrauli, a UP village. Telgi convicted in stamp scam. Tata Steel buys Corus for $ 6.7 billion. Trial for Mumbai 7/11 blasts begins, deferred when accused say they don’t trust judiciary.

U

UP stormed by Mayawati and her winning Dalit-Brahmin electoral axis. US House of Representatives gets first woman speaker, Nancy Pelosi. Uma Khurana, Delhi school teacher, framed by spurious sting operation. Uttarakhand, new name of Uttaranchal, won by BJP. Uphaar cinema’s owners, the Ansals, found guilty. Ulcra land ceiling act repealed in Maharashtra, builders cheer, Uddhav Thackeray protests.

V

Vodafone buys 67 % stake in Hutch Essar for $11.1 billion. Vengsarkar spats with the BCCI after latter bans him from writing columns which earn him Rs 40 lakh a year. Vishy Anand wins in Mexico, is world champion for first time in his career. Victoria Beckham and the Spice Girls reuinte to empty stadium in Canada. Vick’s husband David Beckham leaves Real Madrid for LA Galaxy on a $250 million contract. Vladimir Putin named Time’s Person of the Year.

W

World Bank president Paul Wolfowitz resigns on charges of favouring his girlfriend—he helped her get a whopping $60,000 raise. Wadias announce setting up of 40 malls in India. West Bengal police admits its men raped two women in Nandigram. World Bank permits construction of Baghliar dam in Kashmir. WMD still not found in Iraq. West Bengal government asks Taslima to leave Kolkata. Narendra Modi offers her asylum in Gujarat.

X

XP’s successor Windows Vista launch marred by security glitches. To counter this, X Leopard, a new operating system, is launched by Apple for its Macs. X Men—The Last Stand, began the season of trilogies from Hollywood and was followed by Pirates of the Carribean: At World’s End, The Bourne Ultimatum and Spiderman 3. X-rated Santa bot (or icon) from Microsoft’s Live Messenger leaves firm red-faced with its risque conversation.

Y

Y K Sabharwal, former chief justice, accused of aiding his son’s moneylaundering business. Yuvraj-Deepika-Dhoni love affair gives television enough grist for days on end. Former Russian President Boris Yelstin dead. Yakub Memon gets death for 1993 Mumbai blasts, passionately protests his innocence. Three other Memons get life. Total of 100 convicted in country’s longestrunning trial. Yasuo Fukuda, a moderate, replaces Shinzo Abe as Japan’s prime minister.

Z

Zee’s Subhash Chandra launches parallel cricket team ICL on Rs 100 crore fund. Kapil Dev is named executive chairman of the board, Lara, Chris Cairns play in inaugural Twenty-20 Championship; BCCI strikes back in court and with cash incentives. Zune launched by Microsoft as its answer to Apple’s iPod fails to take off. Zaheera of the Best Bakery case, released; disappears, plays no role in Gujarat polls.

Fact Box - 5 (VIKRAM PANDIT)

Few days back, when i was doing my routine newspaper scanning, i came across a news which caught my attention. The news was about Citibank top job. Let me make it clear, Actually the news was about the next CEO of CITI BANK and the 2 people who were vying for the post were from two different countries. The countries are India and its archrival Pakistan. But its not a cricket game, neither hockey or football for that matter. But still i had a sense of patriotism and wanted to see Pandit as a winner. Not only he is an India but also he has wide and relevant experience for this job. His competitor, Mr. Shaukat Aziz (former Paki PM) surely has versatile experience but i feel he is more suitable for diplomatic and country specific jobs instead of cut throat competitive corporate sector jobs.
And Todat i saw that my favourite Mr. Pandit is the new CEO of CITI BANK global. Welcome Mr. Pandit to the new job. Its true that you are promoted at the tough time but i hope you would serve me better ( I have a bank Account in CITI BANK :D ). So the Fact Box series no. 5 is welcome gesture for Mr. Pandit from me...

Vital Stattistics|
Married Swathi Sathaye on August 2, ’86 | Two children, Rahul (15) and Maya (13) | Lives in a plush 10-room apartment in New York overlooking Central Park. Bought it earlier this year for $17.5 million | Loves photography, cooks occasionally with his wife, is a devotee of Gajanan Maharaj
BORN | January 14, 1957, at Dhantoli, Nagpur
SCHOOLS ATTENDED | Parsi Youth Assembly, Dadar, Mumbai | Baroda High School, Baroda | Mombassa, Kenya | Bishop Cotton, Nagpur | Johan Bowne, US
UNIVERSITY | MS, Electrical Engineering; PhD, Finance, both from Columbia University
CAREER HIGHLIGHTS | Joined Morgan Stanley in 1983 as an associate and worked there for two decades in various capacities: President and COO, institutional securities & investment banking group (2000-2005); MD and head of worldwide institutional equities (1994-2000); MD and head of US equity syndicate (1990-1994) | Left Morgan Stanley in March 2005 to start Old Lane, a hedge fund, which was bought by Citigroup in 2007 for $800 million
AT THE TOP | CEO, Citigroup, which has over 3 lakh employees, operates in more than 100 countries and has assets worth $2 trillion. It ranks 8 on Fortune’s list of the biggest companies in the world. PepsiCo, headed by another Indian, Indra Nooyi, ranks 63rd; Vodafone with Arun Sarin at the helm is No 95

Fact Box - 4 (SHIELA DIKSHIT)

Vital statistics
Born March 31, 1938, in Kapurthala, Punjab

Wife of the late Mr. Vinod Dikshit, a widely respected member of Indian Administrative Service, she has two children

Education
Received her MA in history from Miranda House, University of Delhi, after schooling at Convent of Jesus and Mary

Career highlights
Government of National Capital Territory of Delhi

Chief minister (1998–present)
Government of India

Union minister of state for parliamentary affairs (1986–89)
Minister of state in prime minister’s office (1986–89)
Member of Lower House of Parliament, representing Kannauj (1984–89)
Fast facts
Serves as secretary of Indira Gandhi Memorial Trust, which awards Indira Gandhi Prize for efforts in international peace

Launched Stree Shakti in Delhi, a program which aims to empower women by providing employment training, financial aid, and access to health care and medicine

Represented India on UN Commission on Status of Women (1984–89)

Fact Box - 3 (RAJIV SINGH)

Vital statistics
Born May 8, 1959, in New Delhi

Married with two children

Education
Graduated in 1980 with degree in mechanical engineering from Massachusetts Institute of Technology

Career highlights
DLF

Vice chairman (1993–present)
Director (1984–92)

the way to gooooo

When there is a will, there is a way...
The old adage stands true to the Ankur's story. This guy graduated from DCE and had worked with E-valueserve with an aim to get into the one of the elite or ivyleague college of repute for higher studies. Now when he has made it to one of the greatest school of world LSE (London School of Economics and Political Science), its the money crunch which is occluding the path of his dream. But here comes the indomitable spirit of Ankur, as he decided to use pretty rare path to gather the tuition fees he need to submit before joining the school in july 2008. He chooses to write a short story a day and consequent post of that on his blog. He hopes that netizens like me and you would open his blog would read his story and would click on the advertisements, these ads in turn would fetch some money to him. Quite innovative way to fund his study.
I request all my readers to please go to his blog and read the short story and if you like the same dont forget to click on the ads. You can sure contribute for his education by virtually not paying a single penny.

Chak De India.......

Sorry for posting something abt CDI, at the time when people started forgetting the movie. I dont like SRK and this was the reason enough to not to watch the movie. No.... its not that SRK is bad actor but to me, he is pretty monotonous (CDI is shockingly a pleasant exception), always doing the same lover boy -romancing-and-weeping-act. So i avoided the CDI till now. But yesterday when i was trying to save myself from horrendous India TV news and was surfing the channel desperately, i just got glued to a local movie channel and i just couldnt move myself from the chair. The channel was playing CDI and the movie is so enchanting that you just cant keep your eyes off the screen. The second half pumps your adrenaline like never before as the SRK gals hockey team start off their journey towards the hockey world cup. there are moments of disappointments and winning, moments of heartbreak and smiling faces, momenats of losing and satisfaction of winning.
I liked the movie very much and after a long time i liked any movie so much that i am going to buy a DVD to update my home collection.
Its truly a masterpiece, as far as SRK is concerned, it was just a miracle that i liked him. So SRK please give us more such movies and increase your fan following...
To sum it up i would like to say it was an wholesome entertainer. here goes the lyrics of title track...



kuch kariye kuch kariye nuss nuss meri khaule… hoye kuch kariye
kuch kariye kuch kariye buss buss bada bole… ab kuch kariye
ho… koi to chal zidd fariye
doobe, kariye ya mariye
haye.. koi to chal zadd fariye doobe, kariye ya mariye
chak de… ho chak de india chak de… ho chak de india
nowhere to run nowhere to hide
this is the time to do it now
goonjon mein galiyon mein
ration ki phalliyon mein
mahalon mein beejon mein
id-on mein teej-on mein
raeton ke daano mein
filmon ke gaano mein
sadkon ke gaddon mein
baaton ke addon mein
hunkara aaj bhar lein dus baarah baar kar lein
rehna na yaar peeche kitna bhi koi kheenche
tass hai na mass hai ji zidd hai to ho zidd hai ji
pisna yuhin pisna yuhin pisna yuhin bas kariye….
koi to chal zidd fariye
doobe, kariye ya mariye haye..
koi to chal zadd fariye doobe, kariye ya mariye
chak de… ho chak de india chak de… ho chak de india
nowhere to run nowhere to hide
this is the time to do it now
ladtee patangon mein
bhidti umangno mein
khelon ke melon mein
balkhati railon mein
ganno ke meethe mein
phakkar mein cheente mein
dhundo to mil jaaye
patta wohi jo mein
rang aisa aaj nikhre aur khul ke aaj bikhre
mann gaaye aisi boli rugg rugg mein jal ke boli
tass hai na mass hai ji zidd hai to zidd hai ji
pisna yuhin pisna yuhin pisna yuhin bas kariye….
koi to chal zidd fariye
doobe, kariye ya mariye
haye.. koi to chal zadd fariye doobe, kariye ya mariye
chak de… ho chak de india chak de… ho chak de india

Fact Box - 2 ( G. M. Rao )

Vital statistics
Born July 14, 1950, in Rajam, Andhra Pradesh, India
Married with 3 children

Education
Graduated in 1974 with degree in mechanical engineering from Andhra University College of Engineering, Vishakapatnam, Andhra Pradesh
Received honorary doctorate in philosophy in 2005 from Jawaharlal Nehru Technological University, Hyderabad, Andhra Pradesh

Career highlights
GMR
Founder and chairman (1978–present)
ING Vysya Bank (formerly Vysya Bank)
Chairman emeritus (2006–present)
Director and chairman (1994–2006)

Fast facts
Serves as chairman of board of Hyderabad International Airport
Established GMR Varalakshmi Foundation in 1991, which focuses on education, health and hygiene, community development, and empowerment of rural youth. In 1997 the foundation launched GMR Institute of Technology (GMRIT), an engineering college in Rajam, Andhra Pradesh

NEW Series...FACT BOX ( Montek Singh Ahluwalia)

Apologies for missing the track since very long...

But i am back and going to start a new series. the new series will give you the brief profile of great corporate honchos or policy makers or any person who is the leader in its own way and is inspiring personality for all and sundry in one way or another.

In the inaugaral post here goes the profile of Montek sigh Ahluwalia...

Vital statistics
Married with two childrenEducation
Graduated with BA in economics in 1963 from St. Stephen’s College, Delhi
Received MA and MPhil in economics in 1968 from University of Oxford, where he was a Rhodes scholar
Career highlights
Government of India
Deputy chairman of planning commission (2004–present)
Member of planning commission (1998–2001)
International Monetary Fund
Director, Independent Evaluation Office (2001–04)
Department of Economic Affairs, Ministry of Finance, India
Finance secretary (1993–98)
Secretary, economic affairs (1991–93)
Commerce secretary (1990–91)
World Bank
Various roles, including chief of Income Distribution Division, Development Research Centre; deputy division chief, Public Finance Division (1968–79)
Fast facts
Author of a number of publications on economics, including Reforming the Global Financial Architecture, published by Commonwealth Secretariat in 2000; coauthor of Redistribution with Growth: An Approach to Policy, published by Oxford University Press in 1974

Sometimes when you read an article and you like the same, in fact you like it so much that you read it it time and again and also you want the same to be read by many others. This is exactly what i felt, when i read the article specially the comparison part of Indian management and western management practices in the last para of article. More admirable is the article when it figures the name of an IAS officer as an writer. So without further delay here it goes...

Self-management is at the base of any external management effort. It is an internal process of managing one's body, thoughts, intellect, emotions and spirit. It is a process of trying to overcome emotions like anger, jealousy, greed, ego, and undue attachment. It is a process of developing concentration, equipoise, tolerance, the ability to take calculated risks and plan long term. Yoga aids self-management as it is a philosophy of life, not restricted to just asana and pranayama. It is a path of all-round development of an individual: physical, mental, emotional and spiritual. Patanjali defined yoga as a technique of mind control. Vashishta said yoga is a skilful strategy to calm down the mind. Both managers and yogis are expected to remain steadfast in situations both favourable and unfavourable. In the most-quoted verse 48 of chapter two of the Bhagavad Gita, Krishna advises: “Being steadfast in yoga, O Arjuna, perform actions, abandoning attachment, remaining unconcerned as regards success and failure. This evenness of mind is known as yoga. A manager is required to use autho-rity. But unless authority is combined with dispassion, the result can be contrary to expectation. Today's manager is required to have qualities of a good leader — ability to construct a creative vision and capacity to have trusting relationship with large number of people with whose help this vision is to be fulfilled. External milieu, with all its network and artifacts, is in truth a projection of man's internal milieu. A manager with clarity of personal goals and calmness of mind can only be an able manager. This is where yoga helps. Man is in the first part of the word manager, thereby indicating the need for man-management as the most crucial part of management. As Swami Anubha-vanandji puts it, management is an intuitive art of relating yourself with various stakeholders in a company such as staff, customers and suppliers. Yoga teaches us the art of treating every human being as a form of the divine. Use of higher consciousness in dealing with people is sure to result in better motivation and loyalty among stakeholders. There are certain key differences between western management concepts and yoga-based management. The former starts with the premise that a person remains inactive unless propelled by action through motivation — money, position or recognition. Yoga-based management starts with the belief that every individual is divine by nature and the purpose of yoga is to bring out this divinity. Any individual, by nature, wants to do good work but unsuitable conditioning may prevent him from doing so. Commitment in the true sense can only be inspired for a cause bigger and better than self. Western management philo-sophy puts primary emphasis on competition, while in yoga way, the emphasis is on collaboration and individual creativity. In the West there is greater emphasis on goal achievement for the firm, while in yogic management, success of the firm is an inevitable by-product of the holistic goal of making this world a better place to live in with the spirit of yajna. In the former, karma is an input which can be hired, while Indic philosophy focuses on duty as one's dharma.

The moving killer demon

So the infamous BlueLine bus of Delhi has again rammed into several vehicles on a busy intersection of road, killing an innocent boy and injuring seven. No big deal.... it happens every now and then on the roads of Delhi. What is new this time is the media coverage, attention and really commendable courage of a housewife, who stands up against the whole Blueline bus gang and demanding a strict time limit to rule out and stop all the killer buses from Delhi. Yesterday when i was surfing news channels, I got hooked to the STAR NEWS, normally i never see india Tv, star news and the likes as they only come up with some irrelevent, superfluous, spicy and filthy news which is of no use to anybody except giving some seconds of smile on the idiotic attempt of increasing their TRP. SO i was hooked to STAR news and was watching the interesting and important conversation between the brave lady and minister of transport Delhi Govt. Mr. Harun, facilitated and mediated by Gaurav ( Star news presenter). I was bound to astonished on the way that lady was presenting her point and demand. She was so focused and controlled while talking to the minister . She was continuously demanding the answer and tinme limit for phasing out the Blue Line buses, it was more commendable as the lady was still struggling to come out of shock she faced after his son's death. The minister was also handling the situation very competently but he cudnt answer the simple question raised by the lady. My point in posting this post is to draw public attention on the inability of news ANCHOR, since he was the person who could have grilled the minister but he was like visitor and was just listening the conversation and doing nothing. He should have done his homework and should have given some figures to foster the points raised by the lady. After all its quite ostensible for Delhi people that how rude the drivers, conductors and helpers of BL buses are. They always ask more money than prescribed, behave very rudely, fight advertently on any issue, whether big or small and the always be in hurry trying to overtake the vehicles ramming into them and killing people. The drunk and drive, hit and run cases are very common for these buses.

After the continuous protest and demand by some residents and that lady. Sheila Dixit succumbed to pressure and she has given statement that BL buses will be phased out probly by 2010. Upto now it seems a mere hollow promise but with strong pollitical will it can be done.

Hope these mobile demons of delhi will be no more on delhi roads.

Shocking Truth

Click on Image to enlarge

Courtesy: The Hindu

Kaun Banega President?

So who is going to be our next President? If one start delving into the newspapers of previous one month, one can easily come up with names of some eminent personalities whose names were either proposed or were in the race for the coveted seat of India’s first citizen. The names include from the God of Bollywood to the IT Mogul, from a world renowned noble laureate to the head of India’s premiere research institution. But as the time passed, Indian politics has started showing its color and we are now left to guess and to debate on the candidature of Mr. Bhairo singh Shekhawat and Mrs. Pratibha Patil. Yesterday I was watching a news channel and suddenly I came to know that President Mr. APJ Abdul Kalam is game for contesting the presidential election if he has fair chance of winning. I was appalled with a hint of glith but no sooner I started writing this post, again I saw some sort of breaking news that Mrs. Patil has resigned the Post of Rajasthan governor and now its almost certain that she is all set for being the first women president of India. But as I have started penning my thought, let me finish this post.
This could have been interesting…
If we go by the popularity in the masses, Present President is overwhelmingly ahead with whopping margin from other two but he has introduced some clauses with his announcement and so its now in the hands of politicians and the fate of him is in hand of BJP.
Now come to the second Candidate, She is quite unknown before she was announced as the UPA candidate. Actually she is an accidental candidate and came into the frame when others were not figured out. But she is quite able candidate for the post ( her recent remarks over veil can be termed as exception ) as she is coming from sub national level and she represent the women class. Apart from this she has already proved herself at several places. She is governor of Rajasthan and had sent back the controversial conversion bill. She is the politician by heart as she started off her journey in politics as early as when she was just 27. She has never tasted a defeat in any direct election (and probably this time too, she will emerge as a winner) and very few people know that she has been a TT champion. Up to now, she is leading over other contestants
The third Candidate is Mr. Bhairo Singh Shekhawat, our present vice president and backed by NDA. He is the most experienced politician in the race and a good candidate for the post (after all Indian Presidents are more often than not the previous vice-presidents).
Some people argue that President is just a rubber stamp and has no or little significance in Indian Government system and so it doesn’t matter who is going to be the President. Actually its somewhat true as we have noticed in the office of Profit bill case, but an able, intellectually strong President can find many ways to show his power and some of it is the time of hung parliament, to send back bills, the President ruling etc. So we should keep our fingers crossed and probably the best candidate will hit the block. My vote is for Kalam J but now its herculean task to overshadow Mrs. Patil by anyone.
All the best Mrs. Patil, we hope you will win our hearts.

Image courtesy: The Hindu

Should G8 be extended?

G8 summit in Heiligendamm, Germany(June 6 – 8) is concluded with some positive notes and Germany chancelor hailed it as a success ( Its matter of debate that what success she is pointing to). The group comprises the most powerful and developed nations of the world and the newest entrant of the group is Russia ( still trying to cope up with step behavior of the rest ). In the summit, growing economies China, India, Brazil , SA and Mexico were also invited to discuss the various issues faced by world political economy. The outcome was...

• G8 and O5: Permanent co-operation



• A good climate for the climate



• Africa - a continent of the future



• Global trade: Creating opportunities for all



• Working on things together: The spirit of Heiligendam
  

Now the as one of the outcome of the summit is the realisation of the need of the permanent cooperation between G8 and O5 (Heiligendamm process), The question arises, why this Group cannot be extended? Why the Other most developing countries cannot be added into the elite club. Its now evident that these growing nations has enough impact over the world and no decision global influence can be made without taking these into confidence .
It’s the high time that the G8 member extend their hands to befriend the growing nations like India China and invite them to actively participate in G8 activities as these countries has the one third population of the world and are market driven economy. Without the inclusive participation of these, the G8 can not come up with any solution of the global problems. Consent of these is equally if not more important on any policy change and decision which may influence the world.
On the other hand one may argue whats the need of joining the G8 , if at all the group itself didn’t achieve its goal and objective. The world is not just about these developed nations. The other developing countries can form their own group, as opined by the president of the one of the groing nation, Brazil. Delhi quickly discarded this opinion of new G5 citing a new group cannot be a solution to the restricted G8, rather developing nations have to show their will and integrity on policy and decisions so that the elite group may bound to include them. And the recent invitation is the fruition of this belief. It may be a matter of few years when the G8 will be no longer G8 and will extend their hands to include the nations who deserve to be one of them. India and China are the firsts in the queue
If the terrorism was not enough, world is facing a new threat in the name of Global warming and Environment degradation. (Although its not new but the danger is of the mark and it require imminent and immediate action). Today the leading industrialised nations can no longer meet many of the challenges they face on their own. The big emerging economies - China, India, Mexico, Brazil and South Africa (the so-called O5) - have an increasingly important role to play. Merkel hit the nail on the head: "We can't get along without each other."

Amit

Should sting operations be banned?

Sting operation is again making news. This time its NDTV, which has conducted a well researched and deliberate sting operation to expose some unscrupulous interests of R K Anand (who is defending Sanjeev Nanda, the main Accused of BMW hit and run case) and special public prosecutor I U Khan. Both were trying to influence the primary witness of the infamous BMW hit and run case, Sunil Kulkarni and caught red handed by the NDTV journalists.
Govt. has proposed a draft code for television in which, suggestions to ban the sting operation is given and after this the debate over the sting operation is again on.
The sting operation has come of age from the Defense deal scandal (TAHELKA) to casting couch episode (India TV) to MP bribery expose (AAJ TAK). It have always been said that the sting operation is unethical whatever may be the motive and outcome of the same. It’s mere an entrapment and cant be justified. There’s no gainsaying that justice should not be denied but why the media using this mode to wake people up ? And it’s not the media’s job at the first place. More often than not, the victim of sting operation is entrapped the media presents half baked stories as a gospel truth to increase the their TRP. Media’s laziness is at best with sting operations, the 24 hr channels has nothing to serve spectators and so they sensationalize every thing and when they don’t get enough stories, sting operation spring up as their savior. The argument of Sting Operation supporters that they expose the wrong doing seems specious too as the fine line between investigative journalism and Voyeurism is increasingly blurred.
The other side of the debate is, who are these politicians to decide what is ethical and what is unethical. Probably they have something to hide. And when we talk about freedom of expression why don’t we allow to use journalists their own mode of journalism after all they want to expose the flaws of the system and society that is surely facilitating in waking people up and more informed, which in turn facilitate limiting corruption is one way or other (fear of public rage or the social blot associated with expose).
To sum it up, it will be a good idea to introduce some law and clauses so that the sting operations do not come up just for sensationalisation and sure the voyeurism should be avoided by media, but it shouldn’t be banned as it is some how exposing the wrongs of the system and society.

Inspiration: TOI

Spiderman 3- The Greatest Battle Lies Within

What Spiderman is doing in this blog? Well the very fact that it’s the one of the highest grosser sequels at the box office across the world and the earth shattering opening record made by not only the foreign flick but by any Indian movie in india too, earns more than enough points to make an appearance on Amit’s Blog.

“3” was about Love, about Friendship, about the battle within and much to the chagrin of Indian spectators was too less about the heart beat stopping stunts and miraculous special effects (The emotions of Hollywood are not much impacting for Indians).
First time Spidey started using his powers for himself. He used his power for his own vengeance, for making money for himself, for making Marry Jane Watson jealous, for his own promotions. First he was dancing on the streets, taking advantage of his powers over his landlords daughter and daughter of NYPD officer. He was proud of himself and yup! He kissed a girl other than his girlfriend.

This all was quite nice to watch and the special effects used for Sandman and for fight sequnces between spidey and his friend (or better say foe) was awesome. There was a funny dialogue when he take on to sandmam and after sandman’s dissappearnce when

"he takes off his mask, has sand all over his face after just fighting the Sandman] ... Where do these guys COME from? [takes off a shoe, tips it upside down, sand continously pours out]” .
The news Reader speaks abt spider with tears in her eyes was a scene full of emotions “This could be a tragic day for the people of New York... Could be the end of Spider-Man... “
Ultimately Harry died and has given a lesson or two to Spidey.
It was heartning to see that ultimately the red Spidey appeared and won against all odd situations ( the black spidey was looking so ugly doesn’t he?).
At last a lifetime dialogue comes up from Spidey’s mouth

“Whatever comes our way, whatever battle we have raging inside us, we always have a choice. My friend Harry taught me that. He chose to be the best of himself. It's the choices that make us who we are, and we can always choose to do what's right”.

Dyversified Gyan for Erudite Persons

UP underwent electiom process previous month. The election commission carried out the whole process with a great panche and the overall six phases of elections carried out for over more than a month of time, was fair and peaceful. Pollsters, Election Pundits and all psephologists announced the hung assembly once again and people thought, the 14 year long coalition govt history will would not change this time too .
But MAYAjaal did the trick, the results of election paved the way for the sworn in ceremony of Mayawati who few days back sworn in as the chief minister of UP fourth time and the first time with majority .
It’s a cliché now that the UP politics is the door to enter into the center, and rightly so as it’s the most populated state of the country and have highest no. of Loksabha seats. Now , as the mayawati is chief minister of UP, the political arena of india is abuzz with speculation and analysis of the aftereffects of BSP win. The imminent effect will be seen in the presidential elction as the Mayawati will play a decisive role.
What faciliatated mayawati won this much seat? The social engineering and political fabric she weaved , uniting the two most neglected and pole apart castes due to rise of OBCs ,has given her party the edge over the others and now as she has advocated the reservation for economically weaker people of high caste clearly depict her stand ( which is obviously a U turn for Maya) and its really a welcoming stand. What will be the reaction of other parties on this is remain to be seen but the Mayawati’s victory and her new stand is going to have deep impact on UP and hence on Indian politics. Keep watching her move...

SEZ policy

To boost up the FDI in India and with a view to provide internationally competitive and hassle free environment for export, Indian government had introduced SEZs in India on lines of SEZs in China, where it had been a good success (Shenzhen).SEZs are the geographical area which is treated as the privileged area provided with incentives in taxes and other favorable conditions to bolster the exports and industrialization. The SEZ units may be set up for trading, export, manufacturing, reconditioning and repair and for services activities. There are around 14 SEZs established in India which are either multipurpose or specific SEZ. These are established either in partnership with public or private sectors or state govt. With announcement of SEZ policy in 2005 around 150 more units have been given go ahead. According to a survey these SEZs may create around 5 lacs more jobs and may attract the FDI in tune of 6 billion USD.Besides there benefits SEZs have been a matter of contention due to vague acquisition policy and inadequate compensation payed to the land owners. After the Nandi gram incidence, in which 12 protestors have been killed and several injured, the Govt. is under pressure to relook the policy. We should not forget that unlike China we are world's largest Democracy and what is successful in China may not be the same story here. If a SEZ boosts FDI why don't we convert whole India into a SEZ. Nandi gram incidence is a caveat for Govt. There had been statements in both favour and against of SEZs, after the unfortunate Nandi gram incidence as Mr. Narayan Murthy, chief mentor said "we should not acquire the lands of farmers without their will " and Mr Kamal Nath said "Govt. is committed for SEZs" , but the UPA govt and their left allies are in constant pressure of relook on the policy. Hitherto flourishing SEZs announcements are now feeling a halt for time being and the SEZ cannot be set up without taking landowners into confidence which seems to be hard nut to crack as voices against SEZ are raising now from other parts of the country like Kerala too after WB.

8.2/10 AMIT

NAXAL ATTACKS

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Previous week, there were two different incidence (in fact accident) occurred within time span of 12 hrs, The Nandi gram Police firing incidence and the Naxalite attack on police quarter in Chhattisgarh. The former gathered heavy response across the length and breadth of India, and the later sounded a routine activity of Naxalites. Both incidents were very severe former claimed 16 lives however later claimed more than triple lives than the former.
The premeditated and cold blooded massacre of policemen and villagers by left extremists was a deplorable and heinous crime. This is just reverse of what naxal ideology say. Moving towards violent direction, naxalites are uprooting their own base and the sympathy they have gathered. This kind of violent protest against system and state will end up terming them terrorists at par with Kashmir separatists.
Naxalites or left-wing extremists, especially in the 165 districts characterized as ‘Naxal-affected’ are most severe presence in Jharkhand and Chhattisgarh, however they had make their presence felt in parts of MH, AP and Orissa also. The constituents of Naxal mercenaries are tribal, Dalits and other oppressed caste people who feel that violence is the only way to get their right as they believe that the state is in hands of rich people who are enjoying the success, growth and resources of India depriving them with their share. But they are ending up with robbing and killing their own people as the rich may bye security. Recent trend shows that they have started killing common villagers after the formation of SALWA JUDAM, an SPO.
The severity of attacks shows that they are getting assistance from somewhere else probably from their counterparts in Nepal, if not monetary then atleast morally after their success in Nepal. The ease with which they killed JMM leader mahto , and the well researched new petrol bomb they used, shows the severity of the problem.As Prime minister said in his speech, Naxal violence is the biggest threat to India now. He is rightly said as it’s the internal threat and can be overcome only once we will develop a system in which every Indian have their share of participation in every area. And then only we will be real democratic

" China Offers express Visa to Indians"

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As the Indian economy roaring, seems the another Asian economic power house, China, has realized that there's no permanent friend, no permanent foes, only permanent interests. The Launch of Indo-China business Alliance can be termed as the extension of yeteryear's visit of Hu Jintao and reopening of Nathu- la pass at the border of the two countries. Under the aegis of india's economic chamber ASSOCHAM, the ICBA will work to facilitate the business men from both sides. In the launching Mr. Yuxi announced that in a bid to closely knit business synergies of China and India, the Chinese Embassy would be issuing `Express Visas' that are recommended by the ICBA to Indian businessmen. The express visa will help both side as both are the fastest growing economies and to sustain the growth of same its better to cooperate against to vie. The cooperation will facilitate bilateral retail trade to grow upto$50 billion from the current level of around $20 billion in the next few years,This move can be seen as good Confidence building measure and of high importance in the way of PM manmohan Singh's forthcoming visit to China, which may give us some more exciting and good business announcements.

7.1/10 AMIT

TATA wins CORUS

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When Ratan Tata, Chairman of Tata house, announced the bid to acquire Anglo-Dutch steel maker CORUS during 2006 Diwali, Indian media was gung-ho about the deal and it was hailed as the biggest blitzkrieg of all time in the Indian corporate world. Tata has estimated the deal to be of 8billion USD, but as the time changed a new rival came into the picture in the name of Steinbruch’s Companhia siderugica nacional, or CSN and it challenged TATA and questioned his estimated deal. The battle was set up and TATA Steel was also ready to clinch the deal. So one fine day Tata beat his Brazilian rival steinbruch in a closely contested auction. In 8 round bidding Tata finally clinched the deal with 12 billion USD at 608 pence per share against CSN’s offer of 603 pence per share.
In one go Tata steel leapfrogged from 30 to 5th rank in the biggest steel makers’ list.
Several analysts are suggesting that TATA has gone overboard in trying to best CSN. But given TATA’s previous record it would be a matter of argument. Tata is known for his splendid comeback after each slide down due to acquisition of some big company or some landmark announcement. Also Tata has did rightly so as the acquiring a established firm was easier than establishing and expanding the new business in India specially in steel industry as acquiring land in steel rich states is hard nut to crack. However Tata steel’s share has fallen considerably just after the announcement of deal.
Acquiring CORUS will give Tata the new market in the name of Europe and it will be the leading steel making company and why not as the latest trend in the steel making industry is consolidation (Mittal- Arcelor).
The market reaction was a short term reflection as Ratan Tata said in a call with journalist "Hopefully, in the future somebody will look back and say we did the right thing."
Being an Indian i hope so…Do you?

Budget 2007 - A NOTE

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As P Chidambram was unfolding the Budget 2007 on 28th feb. , industries, corporate and academicians were keen to analyze the SWOT for their interest. It’s really a tough job to comment on annual budget of second largest growing economy of the world, that too in very brief and succinct manner. For corporate crunchers, here’s the news - E&Y has come up with 87 pages analysis report whereas their counterparts from KPMG, ICRA and CRISIL have tried to concise the report but couldn’t help and end up with 50, 17 and 8 pages report. But I am going to give you the hint and mood of the budget in extremely brief and terse way.
The Annual budget looks to have struck balance between fiscal consolidation and the need to spend, especially in key areas such as agriculture, the rural economy and social services.
Fiscal and revenue deficit, both come down from the previous FY and are 3.3 and 1.5 % of GDP respectively. Total spending in 2007/08 seen at 6.81 trillion rupees ($154.6 billion); non-plan expenditure next year seen at 4.35 trillion rupees.
Its matter of irony that just before the budget day the results of Punjab, UT and Mizoram legislative elections were declared and INC tasted defeat in the same. INC supremo blamed it to inflation rise and so the effect of this is clearly visible in the budget as she asked the Govt. to rein in the spiraling inflation. Leading the way is a reduction in customs and excise duties for a number of commodities. Notably the Agriculture sector is a key focus reflecting the sector’s central role and socio-economic-politco importance . Reforms have also got slow down because of Sonia influence. Tax exemption for some sectors have cut down too especially for IT and ITES sector.
On the other hand Govt. has increased the budget allocation for farm credit and education to name a few among other rural and social issues.
Bottom-line is policy making and budget allocation is good to priorities for key sector to maximize sustain growth, but effective implementation of policy and efficient use of allocated budget for the growth is the area to stress upon. Eleventh five year plan is to be start from this year and achieving the target is a challenge for the country.

"India has maximum number of Billonaries in Asia"

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Forbes magazine's 2007 rankings of the world's richest people is out and India dethroned Japan from second spot which has 24 billionaires against that of 36 from India. India is second in terms of total no. billionaires in top 20 with 3 second only to US which has 4 candidates in top 20. Indias bandwagon of billionaires is headed by LN mittal who is on 5th spot followed by ambani brothers, Mukesh and Anil on 14 and 18 spot respectively. Wipro head Azim Premji is on 21 spot , who once had been the only Indian to make in the list.Though India snatched second spot from Japan in terms of Billiaonaires but its still way behind in per capita income. This fact unfolds the ground reality behind the curtains. This shows that the chasm between rich and poor is insreasing in India. Rising no. of billionaires will stimulate big companies to launch their niche products in India, which are meant for supoer richs only in this way Bentley have already announced to launch his premium multicrore cost car, Some real estate companies are planning to offer homes with all the luxuries of world.If we see positive side of the story, its the result of growing Indian economy or may be former is the result of later.Although the list make Indians proud but not happy. It will be happy and proud both if the no. will rise further and the effect of this will be visible in growth of common Indian .

Amit 7.7/10

Merger of IA and AI

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Much awaited and touted megamerger of two state owned carriers Air India And Indian (formerly Indian Airlines) has received cabinet nod on 2nd of march. This maha merger will bringforth a globaly and domestically competitive edge to the airlines. Civil aviation minister said this will take another 4 month to practically exist the merger and he promised not to cut jobs.This merger will allow state to reap up benefit of 6 billion INR in next 4 years and It will be one of the biggest airlines of Asia with 122 carriers in his kitty. On the other hand workers and employees of AI and IA are apprehensive and worried about their future inspite of MR. Patel's promise.The Govt should try to allay this feeling in the days to come and the time should be utilised by reducing the lazyness of employees and boboodome.Given that seven new carriers have sprung up in the past four years in India's liberalised skies, once dominated by the state-run airlines, and another five have applied to take off, it will be interesting to see how this merger will reap up profits in the highly competitive indian aviation sector.

A 7.9/10

" Indian Team for World Cup "

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Sixteen teams, forty seven days, fifty-one matches and one CUP, welcome to the 2007 world cup cricket in Caribbean. Sixteen members squad of India, riding high on the hopes and prayers of millions Indian cricket fans is confident enough to win the World Cup, thanks to the recent series win of Indian team over Sri Lanka..Selectors have tried to chose the best from what the good they had. In fact they have nothing much to chose from. Selectors lead by Dileep vegsharkar has shown their confidence in experience over the young blood this is pretty averred with the inclusion of Kumble, Zaheer and sehwag. There has been some question raised over noninclusion of kaif , who could have been an asset at the fierce newlymade pitches of west Indies.India has indeed a best batting lineup in the world and the very experienced one. Undoubtedly the maestros like Tendulkar, Ganguly and Dravid can turn the outcome of any match. In addition to this If Dhoni and yuvrajhas cracked, it's the doomed situation for opponents. In fact Dhoni and Yuvraj are turning out to be a good finishers.Bowling, the recent form of Zaheer is looking promising with the add of aggressiveness of Srisanth can be good combination of pacers. Whereas the spinners like Kumble and harbhajan has proven their wirth at many occasions. However the bowling attack of India has some loopholes and fifth bowler will be problem. It will be interesting to see how Skipper overcome this problem and how judiciously he use the options available.Come to fielding, this is the area where Indian team seems to be vulnerable. There is dearth of young blood in Team and only few are world class fielders. Kaif is not in the team and Yuvraj is coming out of injury. So it will be loophole again.Bottomline is India can win the cup provided the batsmen have to click and score high. And prayer of millions of cricket fans can work what a eleven players' team cannot, so destiny and toss can play a vital role too. If the ace three members of the team to be believed, India is going to win the cup second time. Wait and watch .

Amit 8/10

ICICI Bank raises retail lending rates

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ICICI Bank, India's largest private sector bank and second-largest lender overall, has hiked its retail lending rates, including home loan rates by 50 basis point (100 basis points = 1%). This move is obviously come up after announcement of RBI's hike of CRR by 50 basis point which in turn has done so to curb the northward movement of inflation. Although the new rates will be applicable to the new customers but the impact on burgeoning middle class will be twofold. First, the rising inflation and skyrocketing prices of essential commodities are cause to worry and now the hike in retail lending rates both fixed and floating will ccause double trouble for consumers. The recent unrealistic spurt in the real state and stock market led the RBI to take monetary measures like hiking standard asset provisioning on retail loans. But it has abstained in hiking rates however the private players has gone a step ahead and they increased the PLR.Analyst have their own arguments in for and against the move , as the hike may slow down the growth in the housing market but the real impact is remain to be seen as the India's economy is growing like never before and this obviously prompts the more spurt in real state and housing market.

"Mobile Giants Plan Rival to Google"

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When an ant get a grain of sugar, the whole lot of other ants come
to break into the pie of the former's gain. Same is the case can be
perceived with
the rumour of Telcos plan to come up with a mobile search engine to
rival googal, yahoo.
The bigwigs of the telecommunication, Vodafone, France Telecom,
Telefonica, Deutsche Telekom, Hutchison Whampoa, Telecom Italia and
Cingular and the likes are going to meet in 3GSM to discuss the
possibility to come up with their own search engine on mobiles.
Reason is very obvious, call revenues are declining and every
telecommunication company is looking to generate extra revenues with
one means or other. According to research and marketing firm
Informa Telecoms & Media, is growing dramatically. Informa predicts
that by 2011, nearly 50 percent of all mobile phone subscribers
across the world will be browsing the Web from a mobile handset,
making the associated ad deals valuable indeed. and the
announcement of google's revenue has prompted them to think on this
aspect.

If, it is not a threat, definitely it make sense to google which
announced good ad revenues on the mobile search and who is clearly a
winner in the search engine market. And it seems they have already
sniffed the threat as Google and Yahoo have already started
developing a similar service for mobile phones with individual
telecommunication companies as the mobile internet market looks set
for take off over the next five years.
Whether it will be a blast in mobile search engine market or just a
wet cracker, is remain to be seen but if telcos come up with their
own search engine . it will sure end up with facilitating consumers.