Tuesday, October 09, 2007

Livemint.com : IAEA chief arrives in India as nuclear row rages

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OCTOBER 08, 2007

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IAEA chief arrives in India as nuclear row rages
The Left parties have warned the government against negotiating with
the IAEA to place India's civilian nuclear reactors under UN
safeguards.

MONEY MATTERS
Morgan Stanley to start India wealth business
The bank expected it would be managing around $1 billion in private
banking assets in India at the end of three years.

Yes Bank raises Rs1.82 bn in debt
The fund raising is part of a plan to raise Rs8.4 billion in equity and debt.

ECONOMY & POLITICS
Chicago exchange sets up shop in India
The exchange, which is one of its kind in the world, registers and
trades greenhouse gas emission reductions for voluntary but legally
binding carbon reduction commitments.

NTPC claim to sites could derail TN mega power project plans
The Centre has been trying to push through plans for a second ultra
mega power plant for the DMK-ruled state.

MARKETING & MEDIA
Game Makeover | T20: a formula for success
The new format of cricket is an interesting example of product
innovation; it saw TV ratings touch 25 during the final match and
advertisers ready to pay Rs2-2.5 lakh for a 10-second slot.

James Michaels: an acerbic editor, teacher at Forbes
Under Michaels, a tough taskmaster, Forbes became a boot camp for
business reporters.

INTERNATIONAL
Fight against climate change may win Nobel Prize
Gore, former US vice president, and Canadian Inuit Sheila
Watt-Cloutier, climate change campaigner, are among the favourites as
this year's Nobel Prize winners.

Mint: The no. 2 business paper in Delhi & Mumbai.

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Ajay V Prajapati

Monday, October 08, 2007

The 99 Club

*Once upon a time, there lived a King who, despite his luxurious lifestyle,
was neither happy nor content.*

One day, the King came upon a servant who was singing happily while he
worked. This fascinated the King: Why was he, the supreme ruler of the land,
unhappy and gloomy, while a servant had so much joy in his heart?

The King asked the man, "Why are you so happy?"

He replied, "Your Majesty, I am nothing but a servant, but, my family and I
don't need too much - just a roof over our heads and food to fill
ourselves."

Later in the day, the King sought the advice of his most trusted advisor.
After hearing the King's woes and the servant's story, the advisor declared,
"Your Majesty, I believe that the servant has not been made part of The 99
Club."

"The 99 Club? And, what exactly is that?" the King enquired.

The advisor replied, "Your Majesty, to truly know what The 99 Club is, place
99 gold coins in a bag and leave it at this servant's doorstep."

This was done. When the servant saw the bag, he took it into his house. When
he opened it, he let out a great shout of joy ... so many gold coins! He
began to count them. After several times, he was at last convinced that
there were 99 coins. He wondered, "What could have happened to that last
gold coin? Surely, no one would leave 99 coins!" He looked everywhere he
could, but, that final coin was not to be found. Finally, exhausted, he
decided that he was going to have to work harder than ever to earn that gold
coin and complete his collection.

From that day, the servant's life was changed. He was overworked, grumbled a
lot and scolded his family for not helping him make that 100th gold coin. He
stopped singing while he worked.

Witnessing this drastic transformation, the King was puzzled. When he sought
his advisor's help, the advisor concluded, "Your Majesty, the servant has
now officially joined The 99 Club." He continued, "The 99 Club is a name
given to those people who have enough to be happy, but, are never contented,
because they are always yearning and striving for that extra 1 to round it
out to 100!

We can be happy, even with very little in our lives, but the minute we are
given something bigger and better, we want even more! We lose our sleep and
our happiness. We even hurt the people around us. All these are as a price
for our growing needs and desires.

That's what joining The 99 Club is all about."

Note: Hopefully, we can avoid being members of that club!

Sunday, October 07, 2007

Fwd: Livemint.com : FM calls bankers' meeting to discuss slowdown in key sectors

---------- Forwarded message ----------
From: Livemint Newsletter <newsletter@livemint.com>
Date: Fri, 5 Oct 2007 14:01:59 +0530
Subject: Livemint.com : FM calls bankers' meeting to discuss slowdown
in key sectors
To: ajayca9@gmail.com

Check out www.livemint.com

OCTOBER 05, 2007

Web Specials

CORPORATE
Web Exclusive | Sense and nonsense about diesel prices: Column by Murad Ali Baig
A narrowing of the price gap between petrol and diesel will keep
average fuel costs down and discourage a mindless shift from petrol to
diesel cars.

SPECIAL REPORTS
Special Series on Corporate Governance
Are corporate governance laws in the country adequate? Find out in our
special reports section.


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HOME
Power Grid shares rise 63% on debut
The company raised Rs29.84 billion through the 573.9 million share issue.

MONEY MATTERS
Buying homes: there are still some shades of grey
Large builders may make 'cheque' deals but many house-hunters still
have to pay up to 50% in 'black money'.

CORPORATE
Torrent's 1,100MW project in Gujarat delayed by over 6 months
The first block of the project at village Akhakhol, near Surat, is not
likely to comeup till March.

ECONOMY & POLITICS
Annual inflation accelerates to 3.42% on 22 September
The annual inflation rate was 5.43% during the corresponding week of
the previous year.

FM calls bankers' meeting to discuss slowdown in key sectors
Chidambaram has called a meeting of bankers to look into the problems
in the wake of slowdown in demand.

TECHNOLOGY
Lenovo introduces G series notebooks
The G400 features Intel's Prentium Dual-Core T2080 processor and comes
with a 14.1 WXGA high definition widescreen display.

Indian tech companies want to be business consultants too
Consulting will help IT cos play a larger role in clients'
decision-making process, resulting in more large deals.

MARKETING & MEDIA
Amid the boom, Indian art straining to reinvent itself
Even as the world laps up Indian talent, there are some infrastructure
issues and artists are still finding their way.

TV ads matter most in car buying decisions
The auto sector has been the second biggest advertiser in the country
for the past three years, in terms of value.

INTERNATIONAL
Lure of lucre dipping for Indians in the Gulf
Indians in UAE have lost 12% of their earnings due to exchange rate
variations and nearly 10% due to increase in cost of living.

Mint: The no. 2 business paper in Delhi & Mumbai.

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Delhi, 110001 | To view our privacy policy, click here.

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Ajay V Prajapati