Vijender Singh and Susheel Kumar add to the Medal Count

August 20th, 2008

 

Two more reasons two be a proud Indian.  Two more models bringing the count to three.

 Susheel  Kumar won the bronze medal in the Men’s 66kg Freestyle Wrestling event at the 2008 Beijing Olympics.Kumar defeated Leonid Speiridonov of Kazakhstan in the repechage round to win the bronze. Sushil Kumar

Boxer Vijender Singh will win a medal in the middleweight class, with a 9-4 victory over Carlos Gongora of Ecuador in the quarterfinals.

Vijender Kumar

 

 

Congratulations to Bindra

August 11th, 2008

 

The clean shaven sikh from Haryana has achieved the golden dream for India at Beijing.  Kudos to Abhinav Bindra. You made India proud. Abhinav Bindra

 India’s Olympic curse has finally been lifted, by the chief executive of a computer game company with a history of back problems, says New York Times.

He is helped by his affluent family so that he could have his own state of the art shooting range at his farm house.

He has proved that With enough resources, it is not out of reach for India to claim medals at Olympics,at least in certain events.

At the 2008 Beijing Olympics, Abhinav Bindra won the gold for the Men’s 10m Air Rifle final after shooting a total of 700.5. He scored 596 (fourth) in the qualifying round and out-scored all other shooters in the finals with a round of 104.5.

This was India’s first individual gold medal at the Olympics, and the first gold in 28 years, since the Men’s Hockey team won the gold at the 1980 Moscow Olympics.

Abhinav Bindra holds an M.B.A. (Masters in Business Administration) from the University of Colorado, US. He is the CEO of Abhinav Futuristics, a PC games peripherals distributor based in Chandigarh

 Bindra’s mother, Babli, told the local CNN affiliate that his win “makes him an even more eligible bachelor” than he already was, but added, “I think it’s a bit too early to talk about him getting married.” First, she said, he should “enjoy his win and when the time comes we’ll talk” about a wedding.

Scared!

August 5th, 2008

On sunday, 3rd August, 2008, I went to MGBS (Imliban Bus Stand), Hyderabad, to give a send off to my girl friends and her father who were leaving to Tandur (120 Kms from Hyd). My girl wanted to sit on a bench. We both went to sit there and sat for a moment. We heard a very louder sound which made me scared and I thought that’s a bomb. After a while I realized that a running fan fallen on my head. I was badly hurt by the fan but, that’s not a bloody fan.Just a swelling occurred on my head. But, the moment I faced the situation was much horrible than I explained.

Some police officals came to me and asked, anything serious and I said “nothing, but I thought it’s a bomb”. One of the smiling Inspectors saysin Telugu, “Intikelli devudiki mokki kobbarikaaya kottu babu”, which means “after going home, just pray the God and treat him with a coconut”.

Smart Multinationals Use India To Reinvent Globally

July 30th, 2008

Tech giants are using their Indian operations to speed their organizational transformation from a monolithic Western multinational into a globally adaptive organization (GAO).

John Chambers, Cisco’s CEO opened in 2007 the Globalization Center East in Bangalore. Chambers wants 20% of Cisco’s top leadership to be located in Bangalore.

Nokia’s executive board invites all its Indian employees to suggest ways to improve the firm’s products, processes, and even business model.

SAP don’t treat India as merely a low-cost talent supply base or even a lucrative market for their offerings, but a real-life organizational learning lab for testing new operating models that later can be replicated across their global organization.

Navi Radjou on Harvard Business Website :

http://discussionleader.hbsp.com/radjou/2008/07/how-smart-multinationals-use-i-1.html

Campus Recruitment at BITS Warangal

July 2nd, 2008

BALAJI INSTITUTE OF TECHNOLOGY & SCIENCE
Laknepally (V), Narsampet (M), Warangal - 506 331

Dr. A. R. P. Reddy, Chairman
Cell : 9866078586, Email ID : bits.warangal@gmail.com

Dear HR Colleague,

Sub: Inviting HR professionals to undertake campus recruitment at our campus if any
openings exist in your organization.

* * *

Balaji Institute of Technology & Science, Narsampet, popularly known as BITS - Narsampet, Warangal, was established by Maheshwara Educational Society in 2001 at Laknepally, Narsampet in an area of about 54 acres. It is only 30 minutes drive from Warangal Railway Station.

BITS has been known as a reputed technical campus for many years. BITS, from its technical campus, produce suitable professionals to meet your Industrial requirements for Recruitment / Hiring by companies. The professional specializations are :

Engineering : Computer Science - 120 Student Professionals
Electronics & Communication - 120 Student Professionals
Information Technology - 120 Student Professionals
Mechanical Engineering - 60 Student Professionals

Post Graduation : MBA - 60 Student Professionals
MCA - 60 Student Professionals

B.Pharmacy : 60 Student Professionals

Please do contact us whenever you wish to plan to visit our campus for recruiting Engineering & Pharmacy graduates and Post Graduates pertaining to MCA and MBA of 2009 and also 2008 passing outs or for any assistance from our side that we can do / extend in Warangal district.

If companies like yours are interested to recruit freshers by opting Pool - Campus drive we will be able to line-up about 1500 eligible engineering student professionals pertaining to above specializations of 2009 passing outs and also about 1000 eligible professionals of 2008 passing outs from nearby professional colleges to participate in the Pool - Campus drive.

We will be grateful if you could please make refer to other HR friends you know among your circle.

It is our pleasure to await your visit to our campus.

Thanks & Regards,

Vikram Reddy Vaddi
Head, Training & Placement Cell
Balaji Institute of Technology & Science
Narsampet, Dist.Warangal (A.P)
Cell : 99497 85905
Email ID : bitstp_nspt@rediffmail.com
bits.warangal@gmail.com

SENSEX down to 13,586.98

July 1st, 2008

 

Seven months after touching the 18,000 level the Indian stock market index SENSEX is down to 13,586. Analysts may attribute the decline to hike in the price of petroleum , global slow down etc, but the fact is that the 18,000 level was not sustainable. It should be recalled that the the SENSEX shot from 12,000 18,000 in a very short span of time in 2007. That created an “irrational exuberance” of sorts. People were talking about SENSEX 25,000 , SENSEX 30,000 etc.  The media fuelled the speculation. Investors seem to have forgotten that the stock prices are linked to the company earnings.

 

Yes, the hike in price of commodities, and global market conditions have caused the uncertainity in the market. But more importantly the fundamentals seem to have caught-up.

The Reliance Power Limited (RPOL) shares peaked at Rs. 375 in February 08.  Now the share price for RPOL is down to Rs. 138.

US $ = Indian Rupees 43.120

June 20th, 2008

Dollar to Rupee Foreign Exchange Chart for Five Years

 

The US dollar has continued to appreciate against the Indian Rupee. As on June 20 2008, one dollar is worth 43.120 Rupees. The fears of inflation has sent the Indian stock market bench mark SENSEX to  14,571.29 lowest in nine months.

Domain Names in India

June 18th, 2008

              India, with more than 41 million Internet users, ranks as the eighth largest Internet population in the world.  With such a large population, this represents only about four percent of the Indian population. The number of Internet users is growing rapidly, 25 percent in the last year alone.

             As the number of Internet users continues to grow and Internet adoption increases, India is emerging as an increasingly important country for domain names.

            At the end of the first quarter of 2008, there were 1.2 million domain name  registrations in India across all of the TLDs. This represents a 46 percent growth over the previous year and a 12 percent growth over the previous quarter. Of these registrations, approximately 685,000 are .com and .net domain name registrations and 410,000 are .in domain name registrations.

        Medium and large businesses currently represent the vast majority of domain name registrants in India. Less than one percent of heavy Internet users in India surveyed have registered their own personalized domain name.

Get Rich Slow through 401K

June 15th, 2008

The 401K program offered by most of the employers in US is a way to get rich slow but steady. When you contribute mony to 401K you are taking advantage of the following :

   - Most Companies  match the contributions upto certain percentage.

   - The 401 K deductions are pre-tax. That means more money goes into your account.

   - You can do dollar cost averagng on the investments you buy. Refer to www.MoneyInfo.com for more information on dollar cost averaging.

   - Most 401k plans offer good indexed funds such as Russell 2000 or S&P 500 that offer ways to grow your money with minimum risk and least amount of commissions.

 After a few years you will be glad that you have started the 401K investment.

Some NRIs try to argue against investing in 401K giving the following reasons :

 1. They may go back to India.

But even if you go back to India, your money will be there in your account, growing tax free. In this age of globalization, it will not be a problem to withdraw your funds, no matter where you live.

2. They would invest money in a better way:

When you consider the tax benefits and the company matching funds, and the tax free growth, it is very difficult to find a better investment than 401k if at all.

 

PMI event in Northern California

June 14th, 2008

 
http://www.pmi.org/Pages/CalendarItem.aspx?ID=/Lists/Events|ac57fe86-a117-4c07-8d05-cbbbb0211edc&Source=http%3A%2F%2Fwww%2Epmi%2Eorg%2FPages%2FCalendar%2Easpx%3FCalendarDate%3D9%252F14%252F2008

For all the Project Managers who can spare 2 days,

Is n’t it a good place to meet during early September?