Nine Words Which Women Use Frequently !!!

Nine words women use...

1.) Fine: This is the word women use to end an argument when they are right and you need to shut up.

2.) Five Minutes : If she is getting dressed, this means a half an hour. Five minutes is only five minutes if you have just been given five more minutes to watch the game before helping around the house.

3.) Nothing: This is the calm before the storm. This means something, and you should be on your toes. Arguments that begin with nothing usually end in fine.

4.) Go Ahead : This is a dare, not permission. Don't Do It!

5.) Loud Sigh: This is actually a word, but is a non-verbal statement often misunderstood by men. A loud sigh means she thinks you are an idiot and wonders why she is wasting her time standing here and arguing with you about nothing. (Refer back to #3 for the meaning of nothing.)

6.) That's Okay: This is one of the most dangerous statements a women can make to a man. That's okay means she wants to think long and hard before deciding how and when you will pay for your mistake.

7.) Thanks: A woman is thanking you, do not question, or Faint. Just say you're welcome.

8.) Whatever: Is a women's way of saying &*^$ YOU!

9.) Don't worry about it, I got it: Another dangerous statement, meaning this is something that a woman has told a man to do several times, but is now doing it herself. This will later result in a man asking "What's wrong?" For the woman's response refer to #3

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The one thing which you have done in your Childhood .... but cant do it now.......

The one thing which you have done in your Childhood .... but cant do it now.......

The story behind introduction of tiolets in Trains

The (in)famous Jackfruit Letter - There is a very persistent legend
about a letter purportedly written by an irate railway passenger
suffering on account of the premature departure of a train. The letter
is claimed to have been written around 1909 (a precise date of July 2,
1909 is also sometimes claimed), addressed to the Divisional Office of
the East Indian Railway or the Transportation Superintendent at
Sahibganj, West Bengal, or to the Railway Board.

The letter is said to have been discovered in railway records in West
Bengal, or in the Railway Board's archives in New Delhi, or to have
been published in the August 1909 issue of 'Indian
Railways' (published by the Railway Board). It is very likely that
this letter is a legend or joke, even if it was reproduced in an
official publication. The text of the letter follows.

Dear Sir,

I am arrive by passenger train at Ahmedpore station, and my belly is
too much full of jack fruit. I am therefore went to privy, Just as I
doing the nuisance, that guard making whistle blow for train to go off
and I am running with lotah in one hand and dhotie in the next hand. I
am fall over and expose my shockings to man, females, woman on
platform. I am get leaved at Ahmedpore station.

This too much bad, if passenger go to make dung, that dam guard no
wait train 5 minutes for him. I am therefore pray your honour to make
big fine on that guard for public sake, otherwise I am making big
report to papers.

Your faithful servant,

Okhil Ch. Sen

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Love & Success Story of Narayan Murthy and Sudha

Love & Success Story of Narayan Murthy and Sudha (From Sudha's Autobiography)

It was in Pune that I met Narayan Murty through my friend Prasanna who is now the Wipro chief, who was also training in Telco. Most of the books that Prasanna lent me had Murty's name on them which meant that I had a preconceived image of the man. Contrary to expectation, Murty was shy, bespectacled and an introvert. When he invited us for dinner. I was a bit taken aback as I thought the young man was making a very fast move. I refused since I was the only girl in the group. But Murty was relentless and we all decided to meet for dinner the next day at 7.30 p.m. at Green Fields hotel on the Main Road, Pune.

The next day I went there at 7' o clock since I had to go to the tailor near the hotel. And what do I see? Mr. Murty waiting in front of the hotel and it was only seven. Till today, Murty maintains that I had mentioned (consciously!) that I would be going to the tailor at 7 so that I could meet him...And I maintain that I did not say any such thing consciously or unconsciously because I did not think of Murty as anything other than a friend at that stage. We have agreed to disagree on this matter. Soon, we became friends. Our conversations were filled with Murty's experiences abroad and the books that he has read. My friends insisted that Murty was trying to impress me because he was interested in me. I kept denying it till one fine day, after dinner Murty said, I want to tell you something. I knew this was it. It was coming. He said, I am 5'4" tall. I come from a lower middle class family. I can never become rich in my life and I can never give you any riches. You are beautiful, bright, and intelligent and you can get anyone you want. But will you marry me? I asked Murty to give me some time for an answer. My father didn't want me to marry a wannabe politician, (a communist at that) who didn't have a steady job and wanted to build an orphanage...

When I went to Hubli I told my parents about Murty and his proposal. My mother was positive since Murty was also from Karnataka, seemed intelligent and comes from a good family. But my father asked: What's his job, his salary, his qualifications etc? Murty was working as a research assistant and was earning less than me. He was willing to go dutch with me on our outings. My parents agreed to meet Murty in Pune on a particular day at10 a. m sharp. Murty did not turn up. How can I trust a man to take care of my daughter if he cannot keep an appointment, asked my father?

At 12noon Murty turned up in a bright red shirt! He had gone on work to Bombay, was stuck in a traffic jam on the ghats, so he hired a taxi (though it was very expensive for him) to meet his would be father-in-law. Father was unimpressed. My father asked him what he wanted to become in life. Murty said he wanted to become a politician in the communist party and wanted to open an orphanage. My father gave his verdict. NO. I don't want my daughter to marry somebody who wants to become a communist and then open an orphanage when he himself didn't have money to support his family. Ironically, today, I have opened many orphanages something, which Murty wanted to do 25 years ago. By this time I realized I had developed a liking towards Murty which could only be termed as love. I wanted to marry Murty because he is an honest man. He proposed to me highlighting the negatives in his life. I promised my father that I will not marry Murty without his blessings though at the same time, I cannot marry anybody else. My father said he would agree if Murty promised to take up a steady job. But Murty refused saying he will not do things in life because somebody wanted him to. So, I was caught between the two most important people in my life.

The stalemate continued for three years during which our courtship took us to every restaurant and cinema hall in Pune. In those days, Murty was always broke. Moreover, he didn't earn much to manage. Ironically today, he manages Infosys Technologies Ltd., one of the world's most reputed companies. He always owed me money. We used to go for dinner and he would say, I don't have money with me, you pay my share, I will return it to you later. For three years I maintained a book on Murty's debt to me. No, he never returned the money and I finally tore it up after my wedding. The amount was a little over Rs 4000. During this interim period Murty quit his job as research assistant and started his own software business. Now, I had to pay his salary too! Towards the late 70s computers were entering Indian a big way.

During the fag end of 1977 Murty decided to take up a job as General Manager at Patni Computers in Bombay. But before he joined the company he wanted to marry me since he was to go on training to the US after joining. My father gave in as he was happy Murty had a decent job, now. WE WERE MARRIED IN MURTY'S HOUSE IN BANGALOREON FEBRUARY 10, 1978WITH ONLY OUR TWO FAMILIES PRESENT.I GOT MY FIRST SILK SARI. THE WEDDING EXPENSES CAME TO ONLY RS 800 (US $17) WITH MURTY AND I POOLING IN RS 400 EACH.

I went to the US with Murty after marriage. Murty encouraged me to see America on my own because I loved traveling. I toured America for three months on backpack and had interesting experiences which will remain fresh in my mind forever. Like the time when the New York police took me into custody because they thought I was an Italian trafficking drugs in Harlem. Or the time when I spent the night at the bottom of the Grand Canyon with an old couple. Murty panicked because he couldn't get a response from my hotel room even at midnight. He thought I was either killed or kidnapped.

IN 1981 MURTY WANTED TO START INFOSYS. HE HAD A VISION AND ZERO CAPITAL...initially I was very apprehensive about Murty getting into business. We did not have any business background. Moreover we were living a comfortable life in Bombay with a regular pay check and I didn't want to rock the boat. But Murty was passionate about creating good quality software. I decided to support him. Typical of Murty, he just had a dream and no money. So I gave him Rs. 10,000 which I had saved for a rainy day, without his knowledge and told him, this is all I have. Take it. I give you three years sabbatical leave. I will take care of the financial needs of our house. You go and chase your dreams without any worry. But you have only three years!

Murty and his six colleagues started Infosys in 1981, with enormous interest and hard work. In 1982 I left Telco and moved to Pune with Murty. We bought a small house on loan which also became the Infosys office. I was a clerk-cum-cook-cum-programmer. I also took up a job as Senior Systems Analyst with Walchand group of Industries to support the house. In 1983 Infosys got their first client, MICO, in Bangalore. Murty moved to Bangalore and stayed with his mother while I went to Hubli to deliver my second child, Rohan. Ten days after my son was born, Murty left for the US on project work. I saw him only after a year, as I was unable to join Murty in the US because my son had infantile eczema, an allergy to vaccinations. So for more than a year I did not step outside our home for fear of my son contracting an infection. It was only after Rohan got all his vaccinations that I came to Bangalore where we rented a small house in Jayanagar and rented another house as Infosys headquarters. My father presented Murty a scooter to commute. I once again became a cook, programmer, clerk, secretary, office assistant et al. Nandan Nilekani (MD of Infosys) and his wife Rohini stayed with us. While Rohini baby sat my son, I wrote programs for Infosys. There was no car, no phone, and just two kids and a bunch of us working hard, juggling our lives and having fun while Infosys was taking shape. It was not only me but also the wives of other partners too who gave their unstinted support. We all knew that our men were trying to build something good.

It was like a big joint family, taking care and looking out for one another. I still remember Sudha Gopalakrishna looking after my daughter Akshata with all care and love while Kumari Shibulal cooked for all of us. Murty made it very clear that it would either be me or him working at Infosys. Never the two of us together... I was involved with Infosys initially. Nandan Nilekani suggested I should be on the Board but Murty said he did not want a husband and wife team at Infosys. I was shocked since I had the relevant experience and technical qualifications. He said, Sudha if you want to work with Infosys, I will withdraw, happily. I was pained to know that I will not be involved in the company my husband was building and that I would have to give up a job that I am qualified to do and love doing. It took me a couple of days to grasp the reason behind Murty's request. I realized that to make Infosys a success one had to give one's 100 percent. One had to be focused on it alone with no other distractions. If the two of us had to give 100 percent to Infosys then what would happen to our home and our children? One of us had to take care of our home while the other took care of Infosys.



I opted to be a homemaker, after all Infosys was Murty's dream. It was a big sacrifice but it was one that had to be made. Even today, Murty says, Sudha, I stepped on your career to make mine. You are responsible for my success. I might have given up my career for my husband's sake. But that does not make me a doormat...Many think that I have been made the sacrificial lamb at Narayan Murty's altar of success. A few women journalists have even accused me of setting a wrong example by giving up my dreams to make my husbands a reality. Isn't freedom about living your life the way you want it? What is right for one person might be wrong for another. It is up to the individual to make a choice that is effective in her life. I feel that when a woman gives up her right to choose for herself is when she crosses over from being an individual to a doormat.

Murty's dreams encompassed not only himself but a generation of people. It was about founding something worthy, exemplary and honorable. It was about creation and distribution of wealth. His dreams were grander than my career plans, in all aspects. So, when I had to choose between Murty's career and mine, I opted for what I thought was a right choice. We had a home and two little children. Measles, mumps, fractures, PTA meetings, wants and needs of growing children do not care much for grandiose dreams. They just needed to be attended to. Somebody had to take care of it all. Somebody had to stay back to create a home base that would be fertile for healthy growth, happiness, and more dreams to dream. I became that somebody willingly. I can confidently say that if I had had a dream like Infosys, Murty would have given me his unstinted support. The roles would have been reversed.

We are not bound by the archaic rules of marriage. I cook for him but I don't wait up to serve dinner like a traditional wife. So, he has no hassles about heating up the food and having his dinner. He does not intrude into my time especially when I am writing my novels. He does not interfere in my work at the Infosys Foundation and I don't interfere with the running of Infosys. I teach Computer Science to MBA and MCA students at Christ College for a few hours every week and I earn around Rs 50,000 a year. I value this financial independence greatly though there is no need for me to pursue a teaching career. Murty respects that. I travel all over the world without Murty because he hates traveling. We trust each other implicitly. We have another understanding too. While he earns the money, I spend it, mostly through the charity. Philanthropy is a profession and an art... The Infosys Foundation was born in 1997 with the sole objective of uplifting the less- privileged sections of society. IN THE PAST THREE YEARS WE HAVE BUILT HOSPITALS, ORPHANAGES, REHABILITATION CENTRES, SCHOOLBUILDINGS, SCIENCE CENTRES AND MORETHAN 3500 LIBRARIES. Our work is mainly in the rural areas amongst women and children. I am one of the trustees and our activities span six states including Karnataka, Tamil Nadu, Andhra, Orissa, Chandigarh and Maharashtra.I travel to around 800 villages constantly. Infosys Foundation has a minimal staff of three trustees and three office members. We all work very hard to achieve our goals and that is the reason why Infosys Foundation has a distinct identity. Every year we donate around Rs 5-6 crore (Rs 50 - 60 million). We run Infosys Foundation the way Murty runs Infosys in a professional and scientific way.

Philanthropy is a profession and an art. It can be used or misused. We slowly want to increase the donations and we dream of a time when Infosys Foundation could donate large amounts of money. Every year we receive more than 10,000 applications for donations. Everyday I receive more than 120 calls. Amongst these, there are those who genuinely need help and there are hood winkers too. I receive letters asking me to donate Rs five lakh to someone because five lakh is, like peanuts to Infosys. Some people write to us asking for free Infosys shares. Over the years I have learnt to differentiate the wheat from the chaff, though I still give a patient hearing to all the cases. Sometimes I feel I have lost the ability to trust people. I have become shrewder to avoid being conned. It saddens me to realize that even as a person is talking to me I try to analyze them: Has he come here for any donation? Why is he praising my work or enquiring about my health, does he want some money from me? Eight out of ten times I am right. They do want my money. But I feel bad for the other two whom I suspected. I think that is the price that I have to pay for the position that I am in now.

The greatest difficulty in having money is teaching your children the value of it and trying to keep them on a straight line....Bringing up children n a moneyed atmosphere is a difficult task. EVEN TODAY I THINK TWICE IF I HAVE TO SPEND RS 10 ON AN AUTO WHEN I CAN WALK UP TO MY HOUSE. I cannot expect my children to do the same. They have seen money from the time they were born. But we can lead by example. When they see Murty wash his own plate after eating and clean the two toilets in the house everyday they realize that no work is demeaning irrespective of how rich you are. I DON'T HAVE A MAID AT HOME BECAUSE I DON'T SEE THE NEED FOR ONE. When children see both parents working hard, living a simple life, most of the times they tend to follow. This doesn't mean we expect our children to live an austere life. My children buy what they want and go where they want but they have to follow certain rules. They will have to show me a bill for whatever they buy. My daughter can buy five new outfits but she has to give away five old ones. My son can go out with his friends for lunch or dinner but if he wants to go to a five star hotel, we discourage it. Or we accompany him. So far my children haven't given me any heartbreak. They are good children.

My eldest daughter is studying abroad, whereas my son is studying in Bangalore. They don't use their father's name in vain. If asked, they only say that his name is Murty and that he works for Infosys. They don't want to be recognized and appreciated because of their father or me but for themselves. I DON'T FEEL GUILTY ABOUT HAVING MONEY FOR WE HAVE WORKED HARD FOR IT. BUT I DON'T FEEL COMFORTABLE FLAUNTING IT...IT IS A CONSCIOUS DECISION ON OUR PART TO LIVE A SIMPLE, SO-CALLED MIDDLE CLASS LIFE.WE LIVE IN THE SAME TWO-BEDROOM, PARSELY FURNISHED HOUSE BEFORE INFOSYS BECAME A SUCCESS. Our only extravagance is buying books and CDs. MY HOUSE HAS NO LOCKERS FOR I HAVE NO JEWELS. I WEAR A STONE EARRING WHICH I BOUGHT IN BOMBAYFOR RS 100. I don't even wear my mangalsutra until I attend some family functions or I am with my mother-in-law. I am not fond of jewellery or saris.

Five years ago, I went to Kashi where tradition demands that you give up something and I gave up shopping. Since then I haven't bought myself a sari or gone shopping. It is my friends who gift me with saris. Murty bought me a sari a long time ago. It was not to my taste and I told him to refrain from buying saris for me in the future. I am no good at selecting men's clothes either. It is my daughter who does the shopping for us. I still have the same sofa at home which my daughter wants to change. However, we have indulged ourselves with each one having their own music system and computer. I don't carry a purse and neither does Murty most of the time. I do tell him to keep some small change with him but he doesn't. I borrow money from my secretary or my driver if I need cash. They know my habit so they always carry extra cash with them. But I settle the accounts every evening. MURTY AND I ARE VERY COMFORTABLE WITH OUR LIFESTYLE AND WE DON'T SEE THE NEED TO CHANGE IT. NOW THAT WE HAVE MONEY.


Murty and I are two opposites that complement each other... Murty is sensitive and romantic in his own way. He always gifts me books addressed to >From Me to You. Or to the person I most admire etc. We both love books. We are both complete opposites. I am an extrovert and he is an introvert. I love watching movies and listening to classical music. Murty loves listening to English classical music. I go out for movies with my students and secretary every other week. I am still young at heart. I really enjoyed watching "Kaho Na Pyaar Hai" and I am a Hrithik Roshan fan. It has been more than 20 years since Murty and I went for a movie. My daughter once gave us a surprise by booking tickets for "Titanic". Since I had a prior engagement that day, Murty went for the movie with his secretary Pandu. I love traveling whereas Murty loves spending time at home. Friends come and go with the share prices... Even in my dreams, I did not expect Infosys to grow like the way it has. I don't think even Murty envisioned this phenomenal success, at least not in 1981. After Infosys went public in 1993, we became what people would call as rich, moneyed people. I was shocked to see what was happening to Infosys and to us. Suddenly you see and hear about so much money. Your name and photo is splashed in the papers. People talk about you. It was all new to me. SUDDENLY I HAVE PEOPLE WALKING UP TO ME SAYING, OH, WE WERE SUCH GOOD FRIENDS, WE HAD A MEAL 25 YEARS AGO. THEY CLAIM TO HAVE BEEN PRESENT AT OUR WEDDING (WHICH IS AN UTTER LIE BECAUSE ONLY MY FAMILY WAS PRESENT AT MY WEDDING). I DON'T EVEN KNOW ALL THESE PEOPLE WHO CLAIM TO KNOW MURTY AND ME SO WELL. But that doesn't mean I don't have true friends. I do have genuine friends, a handful, who have been with me for a very long time. My equation with these people has not changed and vices versa. I am ALSO VERY CLOSE TO NARAYAN MURTY'S family, especially my sister-in-law KAMALA MURTY, a SCHOOLTEACHER, who is more of a dear friend to me. I have discovered that these are the few relationships and friendships that don't fluctuate depending on the price of Infosys shares. Have I lost my identity as a woman, in Murty's shadow? No. I might be Mrs. Narayan Murty. I might be Akshata and Rohan's mother. I might be the trustee of Infosys Foundation. But I am still Sudha. I play different roles like all women. That doesn't mean we don't have our own identity. Women have that extra quality of adaptability and learn to fit into different shoes. But we are our own selves still. And we have to exact our freedom by making the right choices in our lives, dictated by us and not by his world.

Revival of the blog ------The Cheque Effect

Well........the day i have been waiting for since three months has finally arrived Yesterday.I received the Cheque from GOOGLE (Though its only a small amount of Rs 4000 ,still earnings from unexplored new territory kicks you and gives confidence to try out new more things.) To be honest i started blogging just to see how this adsense works and which countries clicks are more valued,how do google prevent clicking the ads by me and lots of stuff that arised in my mind while i was reading the book "THE GOOGLE STORY" I would like to thank my friend,room mate,another GULTI of IIFT suresh for purchasing the book,without him may be i would not have read the book and this blog might not have come into picture..Thanks a lot suresh......(treat worth 25 % share of first Cheque to you !!!!!)Last known Suresh has no yet completed reading the book(!!).Its not the money thats making me excited but the sheer pleasure of experiencing a new thing and being the first in my friends circle or in our college who has earned this makes me feel elated.

I always believe in checking the practicality of any idea that comes to my mind (Though sometimes the ideas might be too silly to be implemented!!!).Well when i started this thing i informed abt earning thru google adsense to few frnds,Their instant reaction was "THis is all bull shit!!DO you think they really PAY you ??? or First you try it out if you get money then we will try it out!!!!)

finally happy that i received what i wanted..

"Check Out How big our Earth is !!!"

courtesy http://www.howbigistheworld.com/
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"Heart Touching True Love Story"

*************************************************************************************This is a story of a young college girl who passed away last month in Mumbai.
Her name was Priya. She was hit by a lorry. She is working in a call centre. She has a boy friend named Shankar. Both of them are true lovers. They always hang on the phone. You can never see her without her hand phone. In fact she also changed her phone from Airtel to Hutch, so both of them can be on the same network, and save on the cost.

She spends half of the day talking with shankar. Priya's family knows about their relationship. Shankar is very close with Priya's family. (just imagine their love) .
Before she passed away she always told her friends "If I pass away please burn me with my handphone" she also said the same thing to her parents. After her death, people can't carry her body, I was there. A lot of them tried to do so but still cant, everybody including me, had tried to carry the body, the result is still the same.

Eventually, they called a person who know to one of their neighbours, who can speak with the soul of dead person, who is a friend of her father. He took a stick and started speaking to himself slowly. After a few minutes, he said "this girl misses something here". then her friends told that person about her intentions to burn her with her phone. He then opened the grave box and place her phone and SIM card inside the casket. after that they tried to carry the body. It could be moved and they carried it into the van easily. All of us were shocked.
Priya's parents did not inform Shankar that Priya had passed away. After 2 weeks Shankar called Priya's mom. Shankar :...."Atte, I'm coming home today. Cook something nice for me. Dont tell Priya that I'm coming home today, i wanna surprise her." Her mother replied....."You come home first, I wanna tell you something very important."
after he came, they told him the truth about Priya. Shankar thinks that they were playing a fool. He was laughing and said "dont try to fool me - tell Priya to come out, i have a gift for her Please stop this nonsense". then they show him the original death certificate to him. They gave him proof to make him believe. (Shankar started to sweat)
He said... "Its not true. we spoke yesterday. She still calls me. Shankar was shaking. Suddenly, Shankar's phone rang. "see this is from Priya, see this..." he showed the phone to priya's family. all of them told him to answer.he talked using the loudspeaker mode. all of them heard his conversation. Loud and clear, no cross lines, no humming. It is the actual voice of Priya & there is no way others could use her SIM card since it is nailed inside the grave box they were so shocked and asked for the same person's (who can speak with the soul of deal perosns) help again. He brought his master to solve this matter. He & his master worked for 5 hours. Then they discovered one thing which really shocked them...

Hutch has the best coverage. Whereever you go, our network follows!!!

HE HE HE HE HE HE !!!!!!!!!

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The Next Batch of Stock Ideas

CMP :Current Market Price
Short term :March end
Medium term :3-6 Months
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UNITECH :Real estate

CMP :350
Short term :385+
Medium Term :450 +

Reason :One of the largest listed real estate palyers.Got beaten down heavily due to budget announcemnts

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Mindtree :Technology
CMP :620
Medium term :1000+
Reason :newly listed company.Has good future potential.

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India Bulls :Financial Services
CMP :400
Medium Term :600+

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Happy Women's Day

Just for Fun.........

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Q. What do you call a fat lady waiting for a bus?
A. Moti-vating !!!

What is the difference between WATCH & WIFE ?
Ek bigadti hai to bandh ho jati hai......
Doosari bigadati hai to "SHUROO' ho jati hai ........

Doctor : App ka aur aapki biwi ka blood group ek hi hai.
Man : Hoga, zarur hoga; 25 saal se mera khoon jo pee rahi hai.

What's the similarity between MOBILE and MARRIAGE ?
In both case you feel "aur thoda ruk jata to accha model milta"

Ek admi sadhu se bola, meri biwi bahut pareshan karti hai, koi upay
batao.
Sadhu bola, saale, upay hota to mai sadhu kyu banta?


Man runs home yelling: Pack your bags honey. I just won the 10 Million
lotto.
Wife : Do I pack for the beach or mountains ?
Man : Who cares ? Just pack and get lost !

I wrote your name on sand, it got washed.
I wrote your name in air, it was blown away.
I wrote your name on my heart,
And I got a heart attack.

God saw me hungry, he created pizza.
He saw me thirsty, he created pepsi.
He saw me in dark, he created light.
He saw me without problems, he created YOU.

The Biggest Income Tax Ride Ever----Unknown Indian is billionaire No 4

New Delhi:
Rs 35,000 crores of wealth, 10 Swiss Bank accounts plus what's still not known! Have the I-T and Enforcement Directorate sleuths bumped into who could possibly be one of the top five richest Indians or the fourth richest man in India?

Initial reports coming in from Pune, where the Income-Tax department conducted what has been called the biggest income tax raids ever, say the I-T sleuths have traced Rs 35,000 crore of money to accounts operated by Pune-based businessman Hasan Ali.

While the reports only talked about money stashed in Ali's accounts, the transaction details of which were found on his computers, the actual worth of his wealth is yet to be estimated. Enforcement Directorate officers are already in Switzerland and seven out of his 10 accounts have been frozen so far.

But even if one is to go by the conservative estimates of what has been found in the raids, the I-T sleuths have surely traced someone, who should be an automatic addition to the Forbes list of billionaires and be placed, possibly, right next to software czar Azim Premji.

According to the Forbes' list of Indian Billionaires for 2006, steel tycoon LN Mittal tops the list with wealth of $33.7 billion or approximately Rs 1,49,661 crores. Mukesh Ambani comes second with $19.5 billion or Rs 86,585 crores and his brother Anil Ambani third with assets of $17.6 billion or Rs 77,7140 crores.

Azim Premji is fourth on the list with wealth of $13.3 billion or Rs 59,052 crores. Next to him is DLF's KP Singh, whose wealth is estimated to be $5 billion or Rs 22,194 crore. But this figure wanes if one starts counting Hasan Ali's seized assets.

And if one is to go by the reports pouring in from Pune, the Rs 35,000 crore "unaccounted" assets that the I-T sleuths have traced so far may not be inclusive of his known or "accounted" assets.

Considering that his visible list of properties and wealth itself is huge, it won't be a big surprise if Hasan Ali actually surpasses even Azim Premji to be among the top four.

According to the last count, India was home to 28 billionaires as of 2006, which was 10 more than last year.

But it is estimated that the actual number could actually be more than double if one is to take into account all those who have kept their billions hidden or stashed in foreign banks. And by all accounts, Hasan Ali seems to be one of the toppers among them

10 stocks to invest now..(Which can give returns over 50 % over next 3-6 months..MY Picks

With the market severly taking a beating ,its a right opportunity to invest.The following are the top picks from me .I will give the present price and expected price over medium term and short term

short term :Till march end
Medium term :6 months time
***********************************************
IVRCL INFRA : Infra structure
CMP :270
Short term :300+
Medium term :400+
reason :Heavily oversold in bloodbath.Moreover Prime IPO(its real estate venture is in offering )

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GMR Infra :Infrastructure
CMP :340
Short term :365+
Medium Term :420+
Reason :Withstood to an extent the bloodbath.so had good support moreover and its airports activities are cmng to operational very soon.


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INDIA CEM :Cements
CMP :158
Short term :180+
Medium term :230+
Reason ;heavily sold due to budget excise duty.But this has little impact on Indiacem and moreover the comapnies have decided to pass on the hike to customers.
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TITAN Industries :watches&Jewellery
CMP "811
Short term :1000+
Medium term :1500
Reason ;One of my favourites and Jhunjhunwalas too !!!.The biggest branded jewellery in India from TATA group.Helathy profits. and once the stock proces crosses 1050-1100 the momentum will be more due to dividends and stock split speculations.
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BHARTI :TELECOM
CMP :698
Short term :760
Medium term :900+
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to be added more in next scrap as running out of time.

IDEA AND MUDRA LIFESTYLE IPO

Check your IDEA AND MUDRA LIFE STYLE IPO Allotment here

http://www.bigshareonline.com/ipostatus.php

Sun Outage And effect on Markets.......

For all those stock market followers you might have read due to sun outage market timings are changed.The following gives u an idea of what is sun outage and why the market timings change.Happy reading.

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Sun outage

Sun outage message on cable television, seen in Singapore, September 23, 2006.A sun outage is an interruption in or distortion of geostationary satellite signals caused by interference from solar radiation. The effect is due to the sun's radiation overwhelming the satellite signal. Generally, sun outages occur in February, March, September and October, that is, around the time of the equinoxes. At these times, the apparent path of the sun across the sky takes it directly behind the line of sight between an earth station and a satellite. As the sun radiates strongly at the microwave frequencies used to communicate with satellites (C-band and Ku-band) the sun swamps the signal from the satellite. The effects of a sun outage can include partial degradation, that is, an increase in the error rate, or total destruction of the signal.

Effect on Indian Stock Exchanges

In India, the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) remain closed from 11:25 to 12:05 during 'sun outages'. The interference in satellite signals disturbs smooth transmission of data of online transactions, hence these share markets remain closed for the duration of sun outages.

Win fame & Prize Rs 25000 with TCS Smart Manager Contest

TCS Smart Manager Case Contest #27 is now online at www.thesmartmanager.com. So don
your thinking caps, test your analytical skills once again and place yourself among industry
experts.

To take part in this test of analytical skills, log onto www.thesmartmanager.com. The rules are
simple:
A Read the TCS Smart Manager Case carefully
B Submit your solution online in 500 words
C Keep a b&w pix handy, just in case!


You, the potential TCS SMART Champion, could win a cash prize of Rs25,000, along with a place in the sun by being featured in the Apr-May 07 issue of The Smart Manager, India's first world class management magazine. Your entries will be judged by Prof Nitin Nohria,Mr N R Narayana Murthy, Dr Omkar Goswami, Mr S Ramadorai and Dr Gita Piramal.

So what are you waiting for? Hurry, the deadline is 15 March 07

GRE Student Vs Normal Student

DIFFERENCE BETWEEN ME AND GRE STUDENTS

This is Quite interesting..For all those prep for GRE can have reasonbale idea how much teir preparation is upto.

Please read first statements made by GRE Student followed by Normal person.
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GRE STUDENT : Individuals who make their abodes in vitreous edifices would be advised to refrain from catapulting perilous projectiles.

A NORMAL PERSON : People who live in glass houses should not throw stones.

*******************************************************

GRE STUDENT : Scintillate, scintillate, asteroid minim.
NORMAL PERSON : Twinkle, twinkle, little star
*******************************************************

GRE STUDENT: All articles that coruscate with resplendence are not truly auriferous.
NORMAL PERSON : All that glitters is not gold.

*******************************************************

GRE STUDENT : Sorting on the part of mendicants must be interdicted.
NORMAL PERSON : Beggars are not choosers

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GRE STUDENT : Male cadavers are incapable of rendering any testimony.
NORMAL PERSON : Dead men tell no tales

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GRE STUDENT : Neophyte's serendipity.
NORMAL PERSON : Beginner's luck

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GRE STUDENT: Members of an avian species of identical plumage tend to congregate.
NORMAL PERSON : Birds of a feather flock together
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GRE STUDENT : Pulchritude possesses solely cutaneous profundity.
NORMAL PERSON : Beauty is only skin deep

*******************************************************
GRE STUDENT : Freedom from incrustations of grime is contiguous to rectitude.
NORMAL PERSON : Cleanliness is godliness

*******************************************************

GRE STUDENT : It is fruitless to become lachrymose of precipitately departed lactile fluid.
NORMAL PERSON : There's no use crying over spilt milk

*******************************************************

GRE STUDENT : It is fruitless to attempt to indoctrinate a superannuated canine with innovative maneuvers.
NORMAL PERSON : You can't try to teach an old dog new tricks

*******************************************************

GRE STUDENT : Surveillance should precede saltation.
NORMAL PERSON : Look before you leap

*******************************************************

GRE STUDENT : The person presenting the ultimate cachinnation possesses thereby the optimal cachinnation.
NORMAL PERSON : He who laughs last, laughs best

*******************************************************

GRE STUDENT : Exclusive dedication to necessitous chores without interludes of hedonistic diversion renders Jack a hebetudinous fellow.
NORMAL PERSON : All work and no play makes Jack a dull boy.

*******************************************************

GRE STUDENT : Where there are visible vapours having their provenance in ignited carbonaceous materials, there is conflagration
NORMAL PERSON : Where there's smoke, there's fire!

Check your MIndtree IPO Status

Hi Guys,
the mindtree ipo allotments have been done.Check the following link for your allocation.All the best for allotment.Mine is a thumbs down..

http://mondkarcomputers.com/ipo.asp

A complicated answer to a simple question

This is an interesting story.Even if you are bored..please do not forget to read the end of the article..

It concerns a question in a physics degree exam at the University of
Copenhagen:

Q."Describe how to determine the height of a skyscraper with a barometer."

One student replied:

"You tie a long piece of string to the neck of the Barometer, then lower the barometer from the roof of the skyscraper to the ground. The length of the string plus the length of the barometer will equal the height of the building." This highly original answer so incensed the examiner that the student was failed immediately. The student appealed on the grounds that his answer was indisputably correct, and the university
appointed an independent arbiter to decide the case.

The arbiter judged that the answer was indeed correct, but did not display any noticeable knowledge of physics.

To resolve the problem it was decided to call the student in and allow him six minutes in which to provide a verbal answer which showed at least a minimal familiarity with the basic principles of physics.

For five minutes the student sat in silence, forehead creased in thought. The arbiter reminded him that time was running out, to which the student replied that he had several extremely relevant answers, but couldn't make up his mind which to use.

On being advised to hurry up the student replied as follows:

"Firstly, you could take the barometer up to the roof of the skyscraper, drop it over the edge, and measure the time it takes to reach the ground. The height of the
building can then be worked out from the formula H = .5g x t squared. But bad luck on the barometer."

"Or if the sun is shining you could measure the
height of the barometer, then set it on end and measure the length of its shadow. Then you measure the length of the skyscraper's shadow, and thereafter it is a simple matter of proportional arithmetic to work out the height of the skyscraper."

"But if you wanted to be highly scientific about
it, you could tie a short piece of string to the barometer and swing it like a pendulum, first at ground level and then on the roof of the skyscraper. The height is worked out by the difference in the gravitational restoring force T = 2 pi sqroot (l / g)."

"Or if the skyscraper has an outside emergency staircase, it would be easier to walk up it and mark off the height of the skyscraper in barometer lengths, then add them up."

"If you merely wanted to be boring and orthodox about it, of course, you could use the barometer to measure the air pressure on the roof of the skyscraper and on the ground, and convert the difference in millibars into feet to give the height of the building."

"But since we are constantly being exhorted to exercise
independence of mind and apply scientific methods,
undoubtedly the best way would be to knock on the janitor's door and say to him 'If you would like a nice new barometer, I will give you this one if you tell me the height of this skyscraper'."

The student was Niels Bohr, the only Dane to win
the Nobel prize for Physics and the teacher in question was Rutherford.

"Place Karade Place Karade "

The following is a spoof of Adnan Sami's famous song from our own adnan "Rajat Jain aka Rajat pheku" .So Guys read and enjoy.......
Thanks rajat for the song!!

Place Karaade
*****************************************
teeri oonchi shaan hai iift
meri arzi maan le iift
tu hai sab kuch jaanne waala
hum hai tere maanne waala
mujh ko bhi tu place karade...
hll nahin tho cts karade...
badaa nahin to choti hi kaaarade
summer placement tho karaadey

teeri oonchi shaan hai iift
meri arzi maan le iift
tu hai sab kuch jaanne waala
hum hai tere maan le waale
fin sales yaa IT dilaadey..
.project mumbbai mein karaadeya
chha sa project dilaadey
desh bhar ki sair karaadey
mujh ko bhi thu place karade...
hll nahin tho cts karade....

domestic dedey yaa intl deday
rupaya dedey yaa euro deday
dollar ya phir pound dilaadey
mujh ko thu place karaadey

koi chakkar thu chalaa iift
placecomm ko hila iift
ab tho mujh ko place karade
aur na ab taal iift
mujh ko bhi thu place karade
badaa nahin tho chotaa hi karadey

McKinsey mein ya GoldManSach mein
IBM ya SAP karaadey
Stipend tu pound mein dilaadey
Saath mein ek PPO dilaadey
PPO nahin tho PPI dilaadey
Noton ki barsaat kardey

Tunay khud hi tho kaha hai
Cent percent placement yahaan hai
Kab se ham log line mein khade hai
choti si tho placement karade
Is tension se thu mukti dilaadey
Desh bhar ki sair karaadey
Local train mein mujhe ghumaade
Kesay Kesay ko place karaya
Esay Weson ko place karaya
Mujh ko bhi thu place karade
Badaa nahin tho chotaa hi karade

teeri oonchi shaan hai iift
meri arzi maan le iift
tu hai sab kuch jaanne waala
hum hai tere maanne waale

hum ko bhi thu place karade
is torture se mukht karade

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Ever Wondered How Companies Names Originated..???

Here is a list of how some of companies names have originated.Have wonderful Reading when you have free time.

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Adobe - came from name of the river Adobe Creek that ran behind thehouse of founder John Warnock.

Apache - It got its name because its founders got started by applyingpatches to code written for NCSA's http daemon. The result was 'APAtCHy'server -- thus, the name Apache

Jakarta (project from Apache) - A project constituted by SUN andApache to create a web server handling servlets and JSPs. Jakarta wasname of the conference room at SUN where most of the meetings betweenSUN and Apache took place.

Tomcat - The servlet part of the Jakarta project. Tomcat was the codename for the JSDK 2.1 project inside SUN.

Apple Computers - favorite fruit of founder Steve Jobs. He was threemonths late in filing a name for the business, and he threatened tocall his company Apple Computers if the other colleagues didn'tsuggest a better name by 5 o'clock.

C - Dennis Ritchie improved on the B programming language and calledit 'New B'. He later called it C. Earlier B was created by KenThompson as a revision of the Bon programming language (named afterhis wife Bonnie)

C++ - Bjarne Stroustrup called his new language 'C with Classes' andthen 'new C'. Because of which the original C began to becalled 'old C' which was considered insulting to the C community. Atthis time Rick Mascitti suggested the name C++ as a successor to C.

CISCO - it's not an acronym but the short for San Francisco.

Compaq - using COMp, for computer, and PAQ to denote a small integralobject.

Corel - from the founder's name Dr. Michael Cowpland. It stands forCOwpland REsearch Laboratory.

GNU - a species of African antelope. Founder of the GNU projectRichard Stallman liked the name because of the humor associated withits pronunciation and was also influenced by the children's song 'TheGnu Song' which is a song sung by a gnu. Also it fitted into therecursive acronym culture with 'GNU's Not Unix'.

Google - the name started as a boast about the amount of informationthe search-engine would be able to search. It was originallynamed 'Googol', a word for the number represented by 1 followed by100 zeros. After founders - Stanford grad students Sergey Brin andLarry Page presented their project to an angel investor, theyreceived a cheque made out to 'Google'!

Hotmail - Founder Jack Smith got the idea of accessing e-mail via theweb from a computer anywhere in the world. When Sabeer Bhatia came upwith the business plan for the mail service, he tried all kinds of namesending in 'mail' and finally settled for hotmail as it included theletters "html" - the programming language used to write web pages. Itwas initially referred to as HoTMaiL with selective upper casing.

HP - Bill Hewlett and Dave Packard tossed a coin to decide whetherthe company they founded would be called Hewlett-Packard or Packard-Hewlett.

Intel - Bob Noyce and Gordon Moore wanted to name their newcompany 'Moore Noyce' but that was already trademarked by a hotelchain, so they had to settle for an acronym of INTegrated ELectronics.

Java - Originally called Oak by creator James Gosling, from the treethat stood outside his window, the programming team had to look for asubstitute as there was no other language with the same name. Javawas selected from a list of suggestions. It came from the name of thecoffee that the programmers drank.

LG - combination of two popular Korean brands Lucky and Goldstar.

Linux - Linus Torvalds originally used the Minix OS on his systemthat he replaced by his OS. Hence the working name was Linux (Linus'Minix). He thought the name to be too egotistical and planned to nameit Freax(free + freak + x).His friend Ari Lemmk encouraged Linus toupload it to a network so it could be easily downloaded. Ari gave Linusa directory called linux on his FTP server, as he did not like the nameFreax.(Linus' parents named him after two-time Nobel Prize winner LinusPauling)

Lotus (Notes) - Mitch Kapor got the name for his company from 'TheLotus Position' or 'Padmasana'. Kapor used to be a teacher ofTranscendental Meditation of Maharishi Mahesh Yogi.

Microsoft - coined by Bill Gates to represent the company that wasdevoted to MICROcomputer SOFTware. Originally christened Micro-Soft,the '-' was removed later on.

Motorola - Founder Paul Galvin came up with this name when hiscompany started manufacturing radios for cars. The popular radiocompany at the time was called Victrola.

Mozilla - When Marc Andreesen, founder of Netscape, created a browserto replace Mosaic (also developed by him), it was named Mozilla(Mosaic-Killer, Godzilla).The marketing guys didn't like the namehowever andit was re-christened Netscape Navigator.

ORACLE - Larry Ellison and Bob Oats were working on a consultingproject for the CIA (Central Intelligence Agency). The code name forthe project was called Oracle (the CIA saw this as the system to giveanswers to all questions or something such). The project was designed tohelp use the newly written SQL code by IBM. The projecteventually was terminated but Larry and Bob decided to finish whatthey started and bring it to the world. They kept the name Oracle andcreated the RDBMS engine. Later they kept the same name for thecompany.

Red Hat - Company founder Marc Ewing was given the Cornell lacrosseteam cap (with red and white stripes) while at college by hisgrandfather. He lost it and had to search for it desperately. Themanual of the beta version of Red Hat Linux had an appeal to readersto return his Red Hat if found by anyone !

SAP - "Systems, Applications, Products in Data Processing", formed by 4ex-IBM employees who used to work in the'Systems/Applications/Projects' group of IBM.

SCO (UNIX) - from Santa Cruz Operation. The company's office was inSanta Cruz.

Sony - from the Latin word 'sonus' meaning sound, and 'sonny' a slangused by Americans to refer to a bright youngster.

SUN - founded by 4 Stanford University buddies, SUN is the acronymfor Stanford University Network. Andreas Bechtolsheim built amicrocomputer; Vinod Khosla recruited him and Scott McNealy tomanufacture computers based on it, and Bill Joy to develop a UNIX-based OS for the computer.

UNIX - When Bell Labs pulled out of MULTICS (MULTiplexed Informationand Computing System), which was originally a joint Bell/GE/MITproject, Ken Thompson and Dennis Ritchie of Bell Labs wrote a simplerversion of the OS. They needed the OS to run the game Space War that wascompiled under MULTICS.It was called UNICS - UNIplexed operating andComputing System by Brian Kernighan. It was later shortened to UNIX.

Xerox - The inventor, Chestor Carlson, named his product trying tosay `dry' (as it was dry copying, markedly different from the thenprevailing wet copying).The Greek root `xer' means dry.

Yahoo! - the word was invented by Jonathan Swift and used in his book'Gulliver's Travels'. It represents a person who is repulsive inappearance and action and is barely human. Yahoo! founders Jerry Yangand David Filo selected the name because they considered themselves yahoos.

3M - Minnesota Mining and Manufacturing Company started off by miningthe material corundum used to make sandpaper.

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How ICICI or Other banks Cash Back Offer Works

Please read the discussion below to gain some insight as to how credit cards work.

Priya: I want to buy a Sony digital camera costing Rs.20,000, but I don?t have any cash right now.
Raj: Why don?t you use your ICICI Bank credit card? Never heard them say ? Hum Hain Na ??

Priya: I am quite skeptic about using these cards. I pay using the card, get a bill after 30 days and pay after another 20 days. This is a maximum of 50 days interest free loan. Why does any bank do it? If I borrow Rs.20,000 on personal loan at 11%. Interest to be paid for 50 days = Rs. 20,000 * 11% * (50/365) = Rs. 301.40. Here the bank is giving me a loan without interest when I use the credit card. Something is wrong somewhere!

Raj: Well? let me tell you how it works when you use your card to pay for the camera.
You present your ICICI Bank credit card ? a VISA card.
Sony World swipes your card on a machine provided by Citibank. Lets call Citibank ? the acquirer bank and the process of Sony World swiping the card on that machine ? requesting authorization .

Citibank communicates with the card issuer ? ICICI Bank through VISA Network to check if the card is valid and has the required credit limit.
ICICI Bank reviews and approves / declines which is communicated back to Sony World.
You sign a receipt called Sales Draft given by Citibank. This is the obligation on your part to pay the money to ICICI Bank. Data on this receipt can be captured electronically and transmitted. At the end of day or at the end of some period Sony World chooses:

Sony World submits the receipt you signed to Citibank who pays Sony World the money. Sony World pays Citibank a fee called Merchant Discount . Let us say this is 6% of the sale value = 6% * 20,000 = Rs. 1200
Citibank sends the receipt electronically to a Visa data center which in turn sends it to ICICI Bank. ICICI Bank transfers the money to a settlement bank which in turn transfers the funds to Citibank.

Citibank pays ICICI Bank an Interchange Fee of 4% of the sale value = 4% * 20,000 = Rs. 800
20 to 50 days later ICICI Bank gets the money from you ? and you don?t pay the interest!! Priya: Interesting! So Sony World pays more than the interest that I should have paid for the loan that I take. I, as a cardholder have the following benefits 1. Convenience of not having to carry cash. 2. Credit availability ? free of interest.
However what benefits does Sony World get for paying so much money? Isn?t it more profitable for them to take cash? They can save as much as Rs.1200.

Raj: Certainly. Some retail outlets offer you discounts if you pay by cash, don?t they? However when you don?t count the money that you are spending, you tend to buy more! Cards encourage this ? called impulse purchase . If you did not have access to credit, you would not have bought the camera this month ? or may be not any time soon either. By accepting cards, the merchant is actually extending you credit at the risk of the card issuer. He pays money to the banks to carry that risk.

Priya: So ICICI Bank uses this money to pay back to us when they announce 5% cash back. They insist that the Sales draft that I sign at the retailer should also be from ICICI Bank. This means they are saving on the Interchange Fee and also pay me a part of the Merchant Discount that they get.

Raj: Exactly! If you have noticed, ICICI Bank gives you the cash back in the next credit card statement. They keep the ?cash back? money for a maximum of 60 days before passing on a part to you. This accrues them interest too. Say if ICICI Bank earns an interest of 6% per annum for the cash they carry ? they get Rs.1000 * 6% * (60/365) = Rs. 10 That is not huge, but money nevertheless. And when you consider that almost everyone in this city shops with a credit card these days, it is a big sum.

Priya: And that also explains why banks tie up with petrol pumps ? like ICICI Bank has tied up with HPCL and I could re-fuel there without having to pay the fuel surcharge of 2.5%. The card issuer and the acquiring bank is the same and that saves interchange fees

International Economics Quiz -----(No One Can beat this Record)

Had Quiz on International Economics 2 days ago.The Paper is for 10 Questions,10 Marks all True/False Questions.Guess whats the score received by students.Its a record of Its kind...All the 60 getting 10/10 Marks.......Hmmmm it's not the case.Therz a rider to the Quiz ..Negative mark of 1 for each wrong answer........ Now the final results....... only 10-11 ppl got Positive marks and 7-8 got zero marks and . the teacher couldnot afford to give negative marks to the rest.The Highest marks are 4.Your beloved too is not in the positive list....Have one more test of it on Friday..lets see if we will break the previous record..
This week is full of exams...ARM(advanced research Method),International Economics, and POM(Production and Operations Management).Tomorrow therz a match in eden gardens and few souls are lucky enough to get tickets for the Match......

Floppy Finally Flops

After 36 years and billions of sales, the floppy disk is to join the video player, cassette deck and film camera on technology's scrapheap.The 9cm piece of plastic will no longer be available from Britain's biggest computer retailer.

PC World announced last night it would stop selling the disks when stocks ran out.Floppies were once considered among the most vital accessories to computer users and offices worldwide for holding data in an easy-to-store format, which could easily be transferred between PCs.

In 1998, 2billion were sold around the world and every computer would have an 'A-drive' to handle them.They would be the all-important backup in case computers crashed.But floppies hold only 1.44mb of data � now little more than a single song, one high resolution picture or a few dozen word-only documents.Instead, memory cards, CD/DVDs and memory sticks can hold up to 1,000 times as much data.

Only 700million floppies were sold globally last year � down from 2billion in 1998 � and 98 per cent of PCs no longer have an A-drive.PC World's Bryan Magrath said: 'The floppy looks increasingly quaint and simply can't compete.'The first floppy, introduced by IBM in 1971, was a 20cm disk holding just 100kb of data. Ten years later, Sony introduced the standard 9cm floppy.

In South Africa, the disks are known as 'stiffies' and in Finland as 'korppus', meaning biscuits.Video players were consigned to history in 2004, when retailer Dixons stop selling them.At least they outlasted the Betamax format tapes which all but disappeared in 1985 after a twoyear battle for supremacy with VHS.

Placements of 2005-07 Batch

The Placements of IIFT for 2005-07 batch were splendid.all the students have been placed in day 0.Many of financial companies have viisted the campus for the first time.
The highest salary was 16 lakhs and the average salary was around 10 lakhs...
Here is the press release by our placement committee regarding placements

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IIFT grad bags $100-k offerAMITABH BAXITIMES NEWS NETWORK[ WEDNESDAY, JANUARY 31, 2007 12:00:00 AM]


NEW DELHI: Move over IIMs — the average benchmark salary for MBA grads is spilling over. Joining the super placement race, the graduating batch of MBA (international business) of the Indian Institute of Foreign Trade (IIFT) witnessed a record high annual domestic salary and international salary of Rs 16 lakh and $100,000, respectively.

The placements reflect an average increase of 20% from last year’s salary figures. The banking and financial services were the major recruiters, while the new emerging sectors were retail and real estate. The comparative data for the last three years show a significant increase in the salary packages.

The average this year has increased by about 20% to 9.7 lakhs as compared to Rs 8.1 lakh in 2006 and Rs 7.28 lakh per annum in 2005. The highest individual salary in 2005 was Rs 9.5 lakh per annum, which moved in 2006 to Rs 10.6 lakh per annum. This year (2007) it has touched the Rs 16-lakh mark.

“It is promising to see a substantial increase in all sectors, especially FMCG and banking. The highlight of this year’s placement is that it has broken all previous records,” says Munish Bharagava, corporate and placement advisor, IIFT.

The placement day started with less than the full strength as 20% of the batch had already received pre-placement offers well before the placement week started. The recruiters included companies from sectors such as FMCG, banking, consulting, IT, pharmaceutical, trading and logistics.

Leaders like Lehman Brothers, Standard Chartered Bank, Citibank, SAB Miller, UTI, Bharti, DTZ, Olam International, Backes & Strauss, Colgate-Palmolive, ITC, Nestle, Dabur, ICICI, SBI, Infosys, Accenture, IBM, AWB, CSC, Cognizant, Yes Bank and HCL were the prominent recruiters.

In all, there were 80 companies present to recruit around 115 candidates and 60% of the recruiters participating were new to the IIFT placement process. IIFT is a leading research-driven management institution of India, established by the ministry of commerce & industry, government of India in 1963, with a strong international business orientation.

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Basket ball Match and Visit Ti IIM-C

Yesterday we had our trails and team selections for Badminton,TT,Volley Ball,Basketball @ IIM-C sports Complex .Later in the day we had Basket ball Match with IIM-C>It was all one man show by Gobind.We dont have a proper team ,as we are a small bunch of 50 odd guys and the team was formed then and there.... though we lost the match by 39-29 points...overall i can we are satisfied by the tough fight given by us.Papa(Anurag ) had a nice time there .Later we played a volleyball match (friendly one) in which we defeated the IIM -C (though its not their complete team)..some ray of hope that we can win atleast one match.
One thing peculiar abt members of our team and IIMc is IIMc had different players for different gmaes whereas we had the same set of people palying all the games..

And of the 10-12 member sports team nearly 8 members are from our "The Drinking Club ".
The drinkign club is not only good in boozing but also in sports,studies(the 2nd ,3rd,5th etc) are from our gang .. ;)
Nice going drinkign club..we want to make this stronger..

Lost the Cricket Match with IIM-C

Atlast the D Day has arrived and it was not a good day for us (IIFT) as we lost the Cricket Match to IIM-C.The Match started @ around 11 am.The match was for 25 Overs.We won the toss and elected to bat and scored a decent 145 in 25 overs.The IIM-C team chased it in 19 overs losing 4 wickets.
Though it was disappointing to loose the match.. on a positive side we batted for whole 25 overs (which we r not potimistic as our team was formed just 2 days ago).Hope this event will lead to one more interesting event like the XLRI and IIM-C sports fest..

we have other sports cometitions over the next two days.Will keep ypun updated on those.

GD/PI for the New Batch 07 have started in College today..

Sports Meet With IIM-C (New Chapter in IIFT-Kolkata's History)

We have a three day sports meet with IIM-C scheduled on 29th ,Cricket match and various other games like VolleyBall,Tennis,Basket Ball,chess ,TT ,Badminton oyn 31st and 1st of febrauary.Team Selections r going on.. I am palying Volley Ball and Cricket..Played for 3 hours Yesterday.. after nearly 3 years.....so full of body pains today.....Have practice sessions and team selections for other games tomorrow........Eagerly waiting for the Sports meet.IIFt pride @ stake..

My First Post.............

Hi all.Officially i too became an active blogger from today onwards!!!Well about me..
Did my schooling in Andhra Pradesh.The for my engineering in IIIT came to City of Joy calcutta.After spending 4 years here , joined TCS hyderabad and worked there for 2 years till June 2006.It seems I have made many sins in previous birth(therz a saying people who made sins in previous birth will land in west bengal in this birth !!!!!), Calcutta came calling me again...this time for my MBA @ IIFT...same old place,same people,same culture.. boring........Have to spend 2 more years till March 2008.......thats it abt me....