Posts filed under 'News'
Sensex crosses 11000 mark
t is being a pleasant month for the investors since, they have been beaten with big whip for some 6 months.After 8 months the BSE mark has crossed over 11000 mark and many shares gained their value back.The blood bath turned out to be very ecological.But experts say that the market is still volatile and at any time we can expect a deep fall in sensex points.Moreover the Indian economists say that the volatility in markets would be solved in months and stability will come intact soon.Many lost their money over months and this 11000 mark would make the losers to breathe easy.It is advised to minimize the risk at the maximum and not to involve in very large trading.Investors are advised not to invest by borrowing.
However,the Satyam shares surge down today from its previous days value,even though its share price is fixed to be INR.58.00.India’s race in this recession will come to an end and everything will come into control soon.We can expect a recovery by the mid of this fiscal year.hope it will happen soon.
Add comment April 22, 2009
Recession at its peak
This story is about a man who once upon a time was selling Hotdogs by the roadside. He was illiterate, so he never read newspapers. He was hard of hearing, so he never listened to the radio. His eyes were weak, so he never watched television. But enthusiastically, he sold lots of hotdogs.
He was smart enough to offer some attractive schemes to increase his sales. His sales and profit went up. He ordered more a more raw material and buns and sold more. He recruited more supporting staff to serve more customers. He started offering home deliveries. Eventually he got himself a bigger and better stove. As his business was growing, the son, who had recently graduated from college, joined his father.
Then something strange happened.
The son asked, “Dad, aren’t you aware of the great recession that is coming our way?” The father replied, “No, but tell me about it.” The son said, “The international situation is terrible. The domestic situation is even worse. We should be prepared for the coming bad times.”
The man thought that since his son had been to college, read the papers, listened to the radio and watched TV. He ought to know and his advice should not be taken lightly. So the next day onwards, the father cut down the his raw material order and buns, took down the colorful signboard, removed all the special schemes he was offering to the customers and was no longer as enthusiastic. He reduced his staff strength by giving layoffs. Very soon, fewer and fewer people bothered to stop at his Hotdog stand. And his sales started coming down rapidly and so did the profit. The father said to his son, “Son, you were right”. “We are in the middle of a recession and crisis. I am glad you warned me ahead of time.”
Moral of the Story: It’s all in your MIND! And we actually FUEL this recession much more than we think.
Add comment April 3, 2009
Lawyers Protest In Chennai
Over 150 lawyers were arrested on Friday for participating in a protest march outside the Tamil Nadu secretariat. They were agitating against the violence in the Madras High Court complex on Thursday.
Madras Bar Association President S. Prabhakaran was also arrested.
Earlier, the lawyers’ agitation issue dominated proceedings in the Tamil Nadu Assembly.
As soon as the session started, opposition members demanded that the Question Hour be postponed to discuss Thursday’s violence in which more than 100 lawyers were injured.
The Madras High Court has ordered a Central Bureau of Investigation (CBI) probe into the violence.
Over 100 lawyers were injured outside the Madras High Court after police baton charged them for attacking Janata Party president Subramanian Swamy
Add comment February 26, 2009




