Wednesday, August 20, 2008

Olympics – The Chinese Way

Olympics Games 2008 had the perfect host in Beijing. The opening ceremony was just spectacular and the fireworks were done with clockwork precision. It was just a treat for the eyes to watch those entire fireworks one after the other in perfect harmony.


Best Ever would be my comment on opening ceremony of Olympics Games 2008.


As expected Chinese are sweeping the golds in most of the categories and have already taken the top position in the medal table. But underneath all those grand, splendid performances and gold medals, there are stories that need to be told. Stories that are sometimes not-so-pleasant and doesn’t get covered in the front pages of most of the press.


Last week, as most of the news channels were busy with their own bits about what’s happening inside China, I happen to see an interesting or rather a heartbreaking video in CNN-IBN.


Their story was about how China is getting all those gold medals or in other words at what cost are they manage to be in top spot. Remember this is a country where human-rights come right at the bottom of the priority list for the ruling communists.

The video was about training young athletes or Olympic prospects right from their childhood. Yes, childhood. I searched for the video in YouTube, but couldn’t find it.
The video shows how children as young as 3 or 4 years old are trained for international sporting events. Once selected for any international events, the state adopts the child and taken away to the training facilities, usually situated far away from his or her home town. Each adopted child’s family is provided some money by the Govt. as grant, I believe.

These children are not into sports because they love the games, but because they don’t have any other choice. They are sent to the training camps by their own parents, for whom the Govt. money will make a difference the abject poverty they are going through. 
Any money will make a difference to the lives of the poor rural people who are completely left out of the economic boom that we see in Beijing or Shanghai. Moreover, the economic benefit of sending their children as trainees acts as an impetus for other parents to do the same thing.

In the video, young girls were going through brutal and awful training which need to be condemned. In one case, girls are asked to walk for 30 minutes on their bare hands. Yes, you heard it right. Even more, another girl child who was asked to do 60 sit-ups was crying out of pain during the so-called training.

This is not the case of one child, but the lives of thousands of other children who are going through the same misery for the sake of ruling elite’s arrogance.

I was very disturbed after watching the 4 year old crying. She is going through pain and torture, and for a child to go through such an ordeal in that young age is really shocking. She lost her childhood even before she became a child!

There may be hundreds and thousands of children like her, who may have lost their childhood for the Nation’s pride. But for the political class, each one of those children shines like a medal prospect. 

If you ask people about the best phase in their life, most of us will have just one answer, childhood and it’s absolutely true.

It’s the time when you have lots of power and influence, but have zero responsibility.It’s the time you are loved, looked after and gets all what you need.It’s the time when you get all those new candies those are flocking your local stores.

She has lost all those moments and the saddest part is she will never know. Sad, isn't it.

It just reminds me the value of certain things that we take granted for in our country.


May be we don’t have the perfect democracy in the world. 
May be we have a messy political system, where MPs are on sale like potato chips.
May be we have a corrupt bureaucracy, who consider taking bribes as their birth right.

May be we have bad roads, power failures and instant floods in the major cities.


But there is one thing that is going on right for the last 61 years, and that is Freedom, freedom to choose your own destiny and freedom to live the way you want.

During the last 61 years of our independence, there was only a small period when we were denied that freedom. Apart from that small aberration by Mrs. Gandhi during the late 70s, this country has never denied her citizens their basic rights. Let’s thank all those who have played a role in preserving it.

The image of that girl crying while undergoing the brutal training leaves a lasting impression in our minds. An impression which we would love to forget.

Olympics will be over in couple of weeks from now. I sincerely hope that let Chinese top this year’s Olympic medal table. Not because they represent one fifth of humanity, but because each of their gold, silver and bronze medals stands for thousands of lost childhood like that of the crying girl. And I don’t want her lost childhood go waste.

Friday, July 04, 2008

Markets Moving Up - 04 July Update

Markets have up sharply on the back of buying by domestic mutual fund houses and FIIs on friday.

The Sensex has touched an intraday high of 13,509.74 before ending the day at 13,454, up 359.89 points or 2.75%.

The Nifty, which hit a high of 4033.50 during the day, but only to close at 4016, up 90.25 points or 2.3%.

Some sectors like realty, capital goods, power, banking and FMCG were the favourites for the investors. Especially, Realty and Capital Goods Indices shot up 8% and 6.8%, respectively.

But there was bad news for the consumers. Inflation for the week ended June 21 has inched up to 11.63% as against 11.42% in earlier week.

The looming political crises at the centre or the inflation numbers or the global energy prices did had no effect on the markets.

The rally in the stock market was more to do with the prices of some of the blue chips sectors especially like realty, power and so forth.

Sector of the day was Realty. Real estate stocks like Ansal Properties, HDIL, Peninsula Land, Mahindra Life, DLF, Unitech and Indiabulls Real gained 7 to 14% on friday.

Power stocks also got the fancy of the investors, with index shot 132.61 points or 6.1% to close at 2,306.24.

Power stocks like Tata Power, Lanco Infratech, Suzlon Energy, Reliance Infra, GMR Infra, GVK Power and Reliance Power were up 4 to 9%.

Other stars of the day were, Reliance Comm up 12.50%, Siemens 11.17%, Jaiprakash Associates 10.65%, Tata Power 9.78%, Unitech 8.01%, DLF 8.56%, BHEL 7.43% and Reliance Infra 7.21%

Wednesday, March 19, 2008

FED Cuts Interest Rate

The US Federal Reserve last night ordered its second, aggressive three-quarter-point cut in American interest rates this year as a move to face recession and shore up America’s fragile financial system.

The US central bank, led by its Chairman, Ben Bernanke, cut the key rate to just 2.25 per cent, the lowest since February 2005.

This is FED's latest action to limit the growing toll from America’s housing slump and the global credit squeeze.

However, how effective this new measure going to be is a matter for debate.

Sunday, March 09, 2008

Stock Market Update - March I

It's been a while I wrote something. It is not because I am giving up this blog, but because I was too much busy with respect to my work for the last couple of weeks.

Markets have came a long way since my last post. Of course the movement was towards the south. On Friday, Sensex touched another low and closed at 15975.52, a down of 566.66 points from the previous day.

Nifty closed at 4771.60, a down of 149.80 points.

This is lowest in the last six months. Can it go down further from here? Is this the time to put in your money? These are the few questions I have been asked this weekend.

I would say hold on for few weeks more. FED is coming up with an expected interest cut in the coming week. So we can hear from Ben Bernanke, the current FED Chairman, himself about where the US economy is heading.

Having said that, there are rumours that domestic mutual fund houses are ready to go in with billions of dollars, since they feel that market is at a discount right now.

So hopefully, next week will give us a direction.

Sunday, February 03, 2008

Microsoft weds Yahoo! ?

The internet war is just getting hotter.

Microsoft has announced an unsolicited offer of $44.6 billion for Yahoo! Inc to challenge the authority of Google in the business.

If this deal goes through, this will be the biggest ever technology takeover in corporate world.

If combined together, Microsoft-Yahoo! will have market share of 31% of the web queries of the US market in December.

This will make serious problems for Google. It’s dominance in the internet search could be under threat.

Will this deal make any difference to an average user? Difficult to answer at this stage.

It will be hard for even the combined entity to compete with Google, because they are well ahead of others in Internet business.

Anyways, the whole story will be exciting to watch in the coming days.

Monday, January 28, 2008

Wait and Watch

Stock markets are know for volatility. But not something like what we have witnessed last week. In this kind of situation, it is always better to wait and watch.

Don't press the panic button yet. Hold on to the stocks, because this is the long awaited correction period that is being due for the last 2 months.

In fact this is a good time to buy some of the stocks. Some small and midcap stocks are available on discount at the moment. Some are extremely attractive.

This volatility could last for at least couple of weeks more.

Tuesday will be a big day for the market. RBI's quarterly review of credit policy is to be announced on Tuesday. There are rumours of a reduction in the benchmark interest rates (repo rate) by 25 basis points. But lots of other factors will also influence RBI decision.

However a rate cut will clear a lot of uncertainty prevailing in the market. So wait for Tuesday's RBI decision.

Monday, January 07, 2008

Indian Power Sector IPOs – 2008 and beyond

Year 2008 will be most likely a year of the power sector IPOs in India. The 11th plan period (2007-2012) has set an ambitious target of achieving 78,577 MW by the government of India.

The capacity addition target has been set with a perspective of adding 100,000 MW by 2012, which will take India's total installed capacity to 200,000 MW.

Unlike the last plan period, Indian private sector is going to play a major role in the 11th plan to meet the ambitious target set by the government. No wonder almost all power companies are contemplating the idea of initial public offerings to raise money for this capital intensive sector.

With economy tipping near the 10 percent growth rate and BSE SENSEX on record high, the timing is not bad at all.

If one take a quick look at the power sector companies that have already announced or planning with IPOs for 2008, he will be speechless.

From Reliance Power to Sterlite Energy to JSW Energy to JP Associates, the list is long and all these companies are going ahead with their plans for IPOs this year. The total capital these companies are planning to raise from the market is whopping Rs 30,000 crore (US$ 7.69 billion).

If all these plans fructify, this year's power IPO collections alone will match last year's total IPO mobilisations of Rs 34,000 crore (US$ 8.71 billion).

With economy growing at full throttle and power in short supply, this sector will be the next big thing to watch for in the coming years.

Surely I will bet some 20% to 25% of my investments in this sector in the medium to long term.

Wednesday, December 19, 2007

Idea being lost

I thought of posting in the blog from next week. But by the way things are going, I don't think I can stick to my initial plan.

It is mainly because, of late I have this feeling that it would be better if I can start all this exercise with a website, rather than doing all this in blogger.

With a website I could see lot more flexibility in terms of posting and also from a user perspective. 

The blog is going to discuss about better investment opportunities in equities and mutual funds in India.

With the economy growing at almost 10% a year and some sectors growing even better, I am sure than if one can put his or her money in the right instruments for growth, million dollar dreams are quite achievable.  

This is something like once-in-a-life-time opportunity. 

I wish all my fellow Indians be a part of this Indian growth story. 

No one should miss this bus, because no one can afford to miss it!

Thursday, December 06, 2007

Finding the niche

After trying to blog for more than a year, I'm now convinced that blogging is not my cup of tea. I want to blog something for good, but haven't found out the niche I should be commenting on.

I'm good at couple of things. Take for instance, I do trading as a hobby and I'm not bad in that.

I try to spot opportunities in the smaller and mid caps and I'm getting good returns on those for the last 2 years. So this could be one niche.

Another niche could be related to my job. I'm a search engine marketing consultant. And I love this field. So this could be the one I should blog on.

Or it could be both.

Still not made up my mind.

Saturday, October 27, 2007

Engineering Marvel in Iran

The Karun-3 dam on the Karun river in Iran. Have a look.





Sunday, October 14, 2007

Not a bad timetable to follow!


Got this picture from somewhere, don't remember now. Sorry folks.
But I think it is a good one to share and not at all bad to follow.

Enjoy your day!

Monday, October 01, 2007

Monsoon Fury in Kerala






These are some of the pictures of the fury monsoon caused in Kerala, India.

Sunday, September 09, 2007

Brand called YOU

This is a new world, a new ‘brand’ world.

Days are all gone where you went to a shop and bought a pair of sneakers, without looking at who made it and where it was made.

That cross-trainer you're wearing -- one look at the distinctive swoosh on the side tells everyone who's got you branded. That coffee travel mug you're carrying -- ah, you're a Starbucks woman! Your T-shirt with the distinctive Champion "C" on the sleeve, the blue jeans with the prominent Levi's rivets, and your fountain pen with the maker's symbol crafted into the end, all says one thing.

You're branded, branded and branded!

It's time for me - and you - to take a lesson from the big brands, a lesson that's true for anyone who's interested in what it takes to stand out and prosper in the new world of work.

Regardless of age, regardless of position, regardless of the business we happen to be in, all of us need to understand the importance of branding. We are CEOs of our own companies: Me Inc. To be in business today, our most important job is to be head marketer for the brand called You.

It's that simple - and that hard. And that is inescapable.

From now on, you're going to think of yourself differently! You're not an "engineer" of Infosys, you're not an "employee" at Reliance, nor a "worker" at TATA. You don't "belong to" any company for life. You're not defined by your job title and you're not confined by your job description.

Friday, June 29, 2007

Killer phone – Apple iPhone

In less than couple of hours from now, one of the most talked and anticipated product launch of this year is about to happen. Yes, I am talking about the iPhone release from Apple.

I first heard about iPhone, I think it was in last December, when Mr. Steve Jobs had its official launch. I went on to see the video out of curiosity, since Apple or for that matter Mr. Jobs is famous for coming up with something contemporary.

When I saw the launch video, I was sure that I was watching one of the most incredible gadgets I had ever seen in my life. The first thing which struck me, of course after the design, was that it is going to be a killer machine. Killer machine, in the sense that it is going to change the rules of the game.

The mobile phones which once started as simple devices to call people, went on to add more functions and became smart enough to be called smartphones. So now we have phones like Nokia N95s or Sony Ericsson's K800s, with smart functions and good camera respectively. That was a long journey considering the technologies that went into making these machines. The scarier part of iPhone launch is that our phone, the one which you and I use to make call to our loved ones, is going get outdated.

One thing I liked about the iPhone is the level of secrecy involved in the development of the device. Considering that Apple had a number of partners of the likes of Yahoo, AT&T or Cingular for the development, there were not too many instances of leaked information to the public. Most of the people like me were not even aware that Apple was developing a phone in the first place! Even my friend, Matt, who I consider as a  gadget/tech/google geek, was caught off guarded with Mr. Jobs announcement in last December.

Coming back to the killer machine theory, iPhone as I mentioned earlier is going to set the rules now. It is going to get the first mover advantage as we say in management books. There are couple of things which really worth mentioning about the device. First is of course its sleek design. There is no stylish phone in the market which can even think of being a competition to iPhone. With technology also, it is far ahead of its competitors when you consider the zooming and picture viewing capabilities. (I wonder what the Nokias and Sony Ericssons were doing all these long, sleeping?)

If I can borrow the words of Prof. Flynn who taught Corporate Strategy in Griffith, now our phones are going to become dinosaurs, meaning extinct. That is why I said in the beginning iPhone is going to be a killer device.

Any way time is ticking and the launch is only couple of hours from now. I am not a huge fan of Apple, but you like it or not, as things stand, it’s Apple all the way. But how long it is going to stay this way, only time will tell.

Want to know more,

Wednesday, June 27, 2007

Be A Kid Again

I know that you might have seen this list in other sites. But for me, this list brings me back tons of memory from my childhood. I check this list once in a while.

  1. Do a cartwheel.
  2. Sing into your hairbrush.
  3. Walk barefoot in wet grass.
  4. Play a song you like really loud, over and over.
  5. Dot all your “i”’s with smiley faces.
  6. Read the funnies. Throw the rest of the paper away.
  7. Dunk your cookies.
  8. Play a game where you make up the rules as you go along.
  9. Step carefully over sidewalk cracks.
  10. Change into some play clothes.
  11. Try to get someone to trade you a better sandwich.
  12. Eat ice cream for breakfast.
  13. Kiss a frog, just in case.
  14. Blow the wrapper off a straw.
  15. Have someone read you a story.
  16. Find some pretty stones and save them.
  17. Wear your favorite shirt with you favorite pants even if they don’t match.
  18. Take a running jump over a big puddle.
  19. Get someone to buy you something you really don’t need.
  20. Hide your vegetables under your napkin.
  21. Stay up past your bedtime.
  22. Eat dessert first.
  23. Fuss a little, then take a nap.
  24. Wear red gym shoes.
  25. Put way too much sugar on your cereal.
  26. Make cool screeching noises every time you turn a corner.
  27. Giggle a lot for no reason.
  28. Give yourself a gold star for everything you do today

Ancient wisdom I just made up. . .

Tuesday, June 26, 2007

Vision Statement and Mission Statement - The Difference

Vision Statements and Mission Statements are the inspiring words chosen by successful leaders to clearly and concisely convey the direction of the organization. By crafting a clear mission statement and vision statement, you can powerfully communicate your intentions and motivate your team or organization to realize an attractive and inspiring common vision of the future.

“Mission Statements” and “Vision Statements” do two distinctly different jobs.

A Mission Statement defines the organization's purpose and primary objectives. Its prime function is internal - to define the key measure or measures of the organization’s success - and its prime audience is the leadership team and stockholders.

First we look at creating mission statements. Then we create vision statements.

Mission Statement Creation

1. To create your mission statement, first identify your organization’s “winning idea”.

This is the idea or approach that will make your organization stand out from its competitors, and is the reason that customers will come to you and not your competitors (see tip below).

2. Next identify the key measures of your success. Make sure you choose the most important measures (and not too many of them!)

3. Combine your winning idea and success measures into a tangible and measurable goal.

4. Refine the words until you have a concise and precise statement of your mission, which expresses your ideas, measures and desired result.

Example:

Take the example of a produce store whose winning idea is “farm freshness”. The owner identifies two keys measures of her success: freshness and customer satisfaction. She creates her mission statement – which is the action goal that combines the winning idea and measures of success.

The mission statement of Farm Fresh Produce is:

“To become the number one produce store in Main Street by selling the highest quality, freshest farm produce, from farm to customer in under 24 hours on 75% of our range and with 98% customer satisfaction.”

Vision Statement Creation

Once you’ve created your mission statement, move on to create your vision statement:

1. First identify your organization’s mission. Then uncover the real, human value in that mission.

2. Next, identify what you, your customers and other stakeholders will value most about how your organization will achieve this mission. Distil these into the values that your organization has or should have.

3. Combine your mission and values, and polish the words until you have a vision statement inspiring enough to energize and motivate people inside and outside your organization.

Using the example mission statement developed for Farm Fresh Produce, the owner examines what she, her customers and her employees value about her mission.

The four most important things she identifies are: freshness, healthiness, tastiness and “local-ness” of the produce. Here’s the Vision Statement she creates and shares with employees, customers and farmers alike:

“We help the families of Main Town live happier and healthier lives by providing the freshest, tastiest and most nutritious local produce: From local farms to your table in under 24 hours.”

Saturday, September 23, 2006

About Me

Believe me this is my first attempt to write something.

I don’t have a clue how to start with. I always wanted to write something and I have tried couple of times. But I never able to finish it. You know why, because I don't have the patience to sit down and type.

I will be looking for an excuse to run away from the keyboard. But tonight it looks as if I can do it. Well only time will tell. The change may be because of the beer I had before. Not too much anyway, because I am not a heavy drinker.

But this is a weekend, another Friday. I used to have couple of pints every weekend to keep myself going. Some may find it weird. But this is my way of looking at life.

About today, to try something different, I planned for a movie to begin with. What a fantastic way to start a day!

I thought Right at Your Doorstep was a kind of action-thriller movie. To my surprise or rather disappointment it turned to be a complete letdown. What to expect form a movie with only three actors and just their house to show. It was a disaster.

Oh dear time is getting too late now. If I am going to write everything here, it will take me ages. So catch you guys later..