Infosys to award Rs 5 Million to top five Indian scientists...!  

Posted by ChEthAn in

Yesterday Mohandas pai (one of the board member of Infosys) said it has decided to give Rs 5-million (Rs 50 lakh) cash award to each of the top five Indian scientists and also Rs 20million for each of five scientists who are residing in other countries in recognition of their research and achievements. This will be given yearly under the aegis of Infosys foundation (Infosys trust).

This award will be given under the category of Physics, Chemistry, Mathematics and statistics; Engineering Sciences in all branches of engineering, Biology, Medicine and economics to honor the scientists who will make difference to India in future said Narayan murthy. He also reported that, these top 5 scientists will be selected/recognized by five eminent experts who are from the same field.

I think this is one of the good moves to recognize the talents; we need more of these types..!

Infosys rocks again ;).

Deflation : Is it a big threat to Economy... ??  

Posted by ChEthAn in

After touching remarkable/ high inflation of 12.6 % last year in India, we are now stabilizing at 4.4 % and yet to reach the bottom( according to many market analysts). Many people have no idea how this inflation or deflation will have an impact on economy…! This huge decline in rate of growth always leads to weakening of commodity prices. It’s not only happening in India it’s across the globe. With the decline of economy you can say development / revenue, this will further weakens the inflation rate. In simple, these “decline in prices“can be called Deflation which is exactly opposite of Inflation.

Deflation makes businesses/people to feel less wealthy, they spend less, fall in demand. This lead to drop in price rates and giving them less profit.

I think by this time, you people are thinking how this inflation no will be calculated or else on what criteria these nos depends upon…??

As i told you earlier weakening in the economy will lead to decline in prices. This fall in prices will result in the fall of the companies' profit meanwhile stock quote of those companies will also come down. In some cases people used to go for pledging of their shares,either to improve their business or to widen up their business. By chance this fall continues then these ppl will end up in huge loss which will in turn lead to big fall in stock price which would hurt investors. When the company is in loss/less profit then obviously they think about fire/layoffs/ salary cut which again hurts many employees/workers and their cost of living.

If a person looses his/her job all of a sudden and if he/she is not able to get job any where, due to too many commitments there may be chances of these ppl (weak minds) getting involved in robbery, prostitution, corruption and many more illegal activities. don’t you think it affects our culture/economy and all? .We have already started seeing these types of cases in US countries. If the situation becomes worse, we can see it in India also….! And sometimes its very hard to control, and we all know about our system :(..!

Many say this effect of deflation can be seen for another 2 to 3 quarters (till the end of 2009) then where is the solution for this? Do we really need to face it? I think one key solution for this is policy makers,who need to act quickly and with the hands of government central bank will have to cut the rates aggressively to reduce more damage.

Is it a right time to think about small business....?? We are in tough situations guys, but opportunities will be there as always :) . Learn to accept the challenges of today and prepare for tomorrow. Put Innovation into action, enjoy the prosperity and spread lights on ppl who are on the dark side...!

Reference / RGUHS books for first year Medicine...!  

Posted by ChEthAn in

Many around us would be dreaming of scoring high in our +2(pu) exams and getting into various fields of study of our choice. Many might want to be an engineer or a doctor or an entrepreneur and many more. Most of the times the situation would be such that we wouldn't know how the course would be or about what to follow there and what not to follow right after getting into the college or even before getting in. In my experience I have seen many ppl pass out of college, they search for Reference/VTU books. Most of the times we end up with no results then we starts searching for seniors to get info from them. One day I was thinking about this and finally I asked my friend divya to write on this as she also from medicine field, she is the best person to answer this.

This is for those PU students who will be very much clueless about how it would be right after entering the course of most noble profession,the field of medicine (those getting into the field of engineering will hav to wait on guys)... I would like to thank Divya who helped me out in posting this useful info :).

In her words.......

In your very first year in medicine, You wil be asked to sit in front of dead bodies and get adjusted to the smell n gradually to study them (we were asked to be right in front of those bodies the very first day!!!!) the initial lectures will seem as though they are in greek n latin with nothing gettin into ur head since many medical terms will be used which u ll be unaware of. The books ll be more than thrice as voluminous as ur pu books. Many might already be getting goosebumps.. Trust me there is absolutely nothing to be scared of.. you ll start feeling comfortable with everythin, the lectures, the books,and of course even the bodies :) very soon.. may be even by around 15 days...!!!

Here is just a bit of useful information regarding the books you can go through, which might be of help for the freshers (for those who would want to prepare a bit in the holidays) ...!

In the first year of MBBS you will have 3 subjects--Anatomy , Physiology and Biochemistry. These three subjects form the foundation for your further medical studies.. Be strong in all the three since you will be expected to remember it till the end of your course and even further...

In anatomy the favourite among many students is "B.D.Chaurasia's Human Anatomy". It is available in three volumes and is a book anyone can rely upon to score well..for reference,to gain extra knowledge you can read "Gray's Anatomy". This book is very much informative and is a favorite among professors!!! There are many divisions in anatomy like histology, embryology etc.. for both histology and embryology u can follow books written by I.B.Singh.

In physiology "Guyton's book of Medical Physiology" is a book to die for. Many might get scared just by looking at its size..but trust me physiology is made very much easy here.. it would be good if one starts reading it right from the beginning... remember this is not a book to be read (if it is for the first time that you will be reading) when ur exams are approaching.. many might find it difficult to write answers from it in they can switch over to other easier and scoring books about a few weeks before your tests or exams..for that there are books like "G.K Pal book of physiology" , "A.K.Jain's text book of Physiology" and many more...

In biochemistry you can go for "DR.Vasudevan's text book of biochemistry"...this one is usually enough for biochemistry..but if anyone feels like reading more of it or who feel they are quite good in chemistry can go for "Harper's book of biochemistry" which usually is only for reference..the above mentioned books are the most followed ones n the most important ones.

There will be many other small books that you will have to read about which you will come to know after your college starts..try to be in touch with your seniors as far as possible, that will be very useful in future.

ATMs in India going free...!!  

Posted by ChEthAn in

Effective from April 1, 2009, in India customers will be able to withdraw money from the ATMs of any bank in India without paying out any fee (transaction charge) for the same, as per the new circular issued by the Reserve Bank of India (RBI).

RBI has directed banks to permit customers of one bank to use ATMs of other banks for free of cost for all transactions. Isn't it great news :) ??

But, my question is, then why would banks start new ATMs, their customers can use that of other banks...!!! :( ?

Pledging shares to get loan...!  

Posted by ChEthAn in

These days pledging shares in India has grown significantly. Recently I heard many people talking about "Pledging shares", even 5 to 6 members asked me also. So this time I would like to give basic gyan on this.

Basically pledging is just like you going to banks/financial institutions, keeping the gold and borrowing money from them. You can get ur gold back when you return the money/loan back with interest. I think many people are aware of this.

Just like that “Pledging shares” means giving your shares as collateral to the Institutions/Banks that lend money to you. In simple, you can call it as collateral loan.

Once you pledge ur shares, as and when the stock falls down, you will have to pay the marginal money to the institutions from which u borrowed the money. In case you dont pay the amount, the institutions have the authority to sell your stocks. That implies, in the falling market pledging shares will be high risk.

If promoters are pledging shares, then there may be chances where they will go for manipulating company's balance sheet to keep the stock price high, so that they can escape from paying marginal amount.

Will pledging shares by promoters have an impact on the market ??

Yes,Usually promoters will have some _ % stocks (bole tho some crores together shares); in the falling market paying marginal amount on that will be very difficult. If the promoter failed to keep that amount, then selling a huge chunk of those stocks by institutions, will lead to a big fall in that stock price. This will have a huge impact on the small investors.

Recently SEBI has made it ‘ mandatory for all the companies to disclose the shares pledged by the promoters’ till last year it was not there…!. May be that’s the reason sometimes we never come to know why some XXX company stocks fall all of a sudden without any news.

Not only promoters, even we can pledge our shares by submitting the written pledge statement to our bank (where you have ur DP account). Pledged quantity of shares will be blocked in your DP account and you will get a loan amount on that.

Loan amount will depend on the current stock price, it doesnt mean that they will give loan on full amount. For example, suppose XXX company is trading at 300Rs currently,and if it wants to pledge 100 shares then they may get around Rs 15000(100 * 150)as loan. pledge amount will be decided by Institutions/Banks.

Upon the closure of your loan, the pledge is closed on your DP account and bank will return back your shares to your DB :) .

Dr Reddy's Lab, Aban Offshore, Asian Paints, Godrej Consumer Products, Great Offshore and JB Chemicals ,Mytas Infra, UTV software , Lanco Infratech , TV-18, PVR, Balaji Telefilms, Radaan Media, Shree Ashtavinayak Cine Vision, UTV Software and Crest Ganesh Housing, J Kumar Infraprojects and Peninsula Land and many more....are names of some of the prominent indian companies whose promoters have pledged shares against loan.

For any queries/suggestions please contact