Wednesday, June 15, 2011

The best option for Greece is to default

Euro Debt Crisis: Greece Crippled by Protests, Strike Over Austerity - CNBC

Greece are already junk grade CCC and nothing more to lose. The best option today for them is to default. Dubai defaulted and restryctured and now moving slowly so is Iceland. in 1996 currency crisis Indonesia along with other nations used the gimmick.
Why the nation and peoples pay for the American Mess? Let there be default, give the bond holder including the master of the ring Goldman big haircut. It will take some time but Greece will be soon out of crisis.
Default will help Greece to come out of the crisis soon. If we look at history of default then, Argentina and many more defaulted. The bond holder who paid for corruption and luxury must be held responsible and given good haircut on their value.
Why future generations pay for the crisis?
No to mess? No to Printing Press? No to Printing money worth nothing.
For the bright future and safe and secure tommorrow for the next generation best solution is default.
The bond holder must pay for their risk?
This is only way out.

Black Day For Indian Industry and Development of West Bangal

The Singur Drama - Justice or Injustice - Development or Backwardness

Revenge will never deliver anything, it will only deliver revenge. Those with good heart and good intentions never go for revenge.

Today is very sad day for West Bangal, it will start a long road to injustice. If west bengal people voted for development, Mamata Di with Pranob Da can not deliver it. In my career, I saw and experienced Tata's very closely and worked with their many social veentures.

I can say 100% and I am more confident no one Indian industrial house has the record as good as of Tata's to deliver the society, the most wanted justice.
Tata Trust and Tata Brand in general are known for their social commitment for last more than 150 years. This is more than the life span of Da and Di together. Tata's changed life of people through out the nation.

I remember very well when I was doing my MBA from Pune University, we visited Tata Motors and saw how their HRM work. I am really surprised to see how much care they take about their people. The man who was heading HRM knows workers with names, their kids and what they doing. What are the problems they are facing in society and always eager to solve it.

After my MBA, I was with the team which launched Tata Select Equity ( first socially responsible and shariah compliant fund of India.). I worked on many projects fully supported by Sir Ratan Tata Trust and Sir Dorabaji Tata Trust. I know how much they care about the society and problems society facing for livelyhood.

Unfortunately this is worst of decision by Di and Da. It will take West Bengal to 19th Century.

What is the record of Di and Da? Do they really have anything to show, except derailed Railway? From profit making to losses? Apart from shounting what else Di can do?

This will not be justice to anyone, it will start long battle between the state all powerfull and those who care for peoples of nation, definitely Tata.
Tata's has impeachable record of , no one can take it by legislation. This is long judicial battle. The battle which may take 25 years may be more, only my next generation will see if at all it happens, who wins.

Brand of Tata will win Hearts, because it is in Hearts of Indian. It is brand of India. No one can defeat it.

Monday, June 13, 2011

Govt favoured RIL in gas contract: CAG

Govt favoured RIL in gas contract: CAG

Is this the first time? If we look at history of reliance and Dhirubhai Ambani, during licence raj. This is history of GOD father, GOD father of reliance, their fooprint in corridores of power. Past and present government has always helped them over others.

Even before they can acquire land for Jamnagar refinery, IPO came, which is approved by government. UTI invested 850 crore(8.5 in it, it is pre IPO subscription. No one really sure and it ws debated during UTI US64 debacle which government rescued.

The famous rivary between Reliance and Bombay Dying and assault on Nusli Wadia was well known. For sure no one really known the 8500 companies which are the persons acting on consent in reliance who are they?

These 8500 private comapnies are source of corruption and used for channelling benefits and money to the their political GOD father.


The c

Friday, June 10, 2011

Baba declares assets, but gives few details - Indian Express

Baba declares assets, but gives few details - Indian Express

Very nice business Idea, I never thought of. 1100 crore INR ( 250 million USD) in 17 years, without taxes and without any responsibilty, enjoy yourself. Baba of business empire.
India has many such big empires build on peoples money known as donations which are never accounted, this all money is black money. Just few days ago Satya Sai baba died , it is said he had wealth of more than 11000 crore.
India has always had a love affair with sadhus, sants and sundry babas, but till not too long ago, these worthies tended to stay out of public life. They had large numbers of followers and it was hardly a secret that many politicians were among them, but the holy men (and a few women) did not dabble in politics, at least not openly. Ministers and Governors (and Supreme Court judges too) routinely fell at the feet of such babas, but if at all any politics was discussed, it was behind closed doors.
What about wealth of many more baba's, these are the black money holders, their devotees give them black money, all this money must go to peoples of India.

Those who talk of black money must come clean themselves on black. Baba Ramdev is not Anna.


I'm raising only a nationalist force: Ramdev

He want to raise a force, saffron force which is called nationalist force. Force of Sadhwi Rithmbara and Sadhwi Pragya Singh and Naredra Modi. These are the people who want to destroy communal harmony of the country. Nationalist Force is Hindu force and it is not Baapu has dream. Those who killed Baapu can not be called patriotic, patrotic about well being of India and peoples of India. They can only be called terrorist.

Wednesday, June 8, 2011

The great land grab: India's war on farmers - Opinion - Al Jazeera English

The great land grab: India's war on farmers - Opinion - Al Jazeera English

Do really India need this kind of development. India is growing and growing very fast but it must understand the cost of development. It can not kill and deprive the people of their livilyhood. It is very important to have development but more important are human values. We do not need development for those few rich people. India is facing Maoist issue is rural and forest areas. The root cause is injustice and exploitation of all kind. Government must understand the emotions of people, before depriving them of their land and homes. It is will incrase crimes and law and order problem.

India: Uttar Pradesh farmers protest spreads

UP farmers win battle; HC cancels land acquisition

Allahabad High Court quashes land acquisition in Noida village

Not even one but three consecutive judgement Allahabad high court quasshed the land acquistion by government.


India need development but must come with human face.