Inflation at 5.64

Inflation rate of the nation for the past week resumed from the south journey and increased to 5.64 which is marginally higher than the previous rate of 5.6 %.

Amidst the rate cut from the RBI, price cut in fuels like petrol, diesel and gas may effect the next inflation.

One can judge that since there was a trucker strike for almost double week this month, there was a demand for supply and hence the consumption. The consumption of oil also effected the economy data inflation because of the higher price of fuels. But yesterday there was price cut in major fuels which will create temptation for the consumption. Will this make the inflation to go up in coming days ?

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Narotam Sekhsaria Scholarship

Narotam Sekhsaria Scholarship Programme, the NSF awards interest free loan scholarships to Indian students with a consistently good academic record. The amount of scholarship, up to a maximum of Rs. Ten Lacs, is decided as per the assessment of the Foundation. Scholarships are offered for postgraduate studies at prestigious institutions in India and abroad, in the fields of Pure Sciences, Applied Sciences, Social Sciences and Humanities, Law, Architecture and Management. Selected students will have the benefit of the Foundation’s mentoring program, where they will be guided and advised by mentors from the academia, industry and the professions.

Eligibilty :

Indian nationals, residing in India Students below 30 years of age as on 31st Jan 2009 Graduates of a recognized Indian university with a consistently good academic record (Students in the final year of the degree course, or those awaiting results are also eligible) Students planning to pursue post graduate studies at prestigious institutes from the Fall – 2009 semester (Students awaiting admission are also eligible, but the award of scholarship is subject to securing admission)

How to apply ? :

Students wishing to avail of this scholarship can download the application form here. An application fee of Rs. 300/- by cash/demand draft/MO drawn in favor of Narotam Sekhsaria Foundation should accompany the duly filled form. (No Cheques will be accepted). Incomplete forms will not be considered. The completed forms must reach the Foundation Office by February 20, 2009. The foundation will not be responsible for postal or other delays.

Documents to be furnished at the time of application :

Attested copies of (a) All mark sheets and degree certificates (b) GRE / GMAT / TOEFL / IELTS / GATE / CAT scorecards, as applicable (c) Award letters of scholarships / awards received (d) Your application to the university and/or offer letter(s) confirming your admission (e) First 4 pages of your passport

Selection Process for the Scholarship :

All applications will be screened for short listing. Short listed candidates will be required to attend a personal interview at Mumbai during April 2009. The interview is mandatory and is the basis for final selection.

Post Selection Formalities :

1. Selected scholars will have to submit attested copies of : (a) The letter confirming admission to the College / University. (b) Form I-20 ( in case of admission to universities in the US) or copy of letter offering financial support ( in case of universities in other countries). 2. Scholars will be required to attend an Orientation Programme at Mumbai, before the commencement of their course. 3. Scholars will have to sign an MoU with the Foundation and agree to its terms and conditions. 4. Scholars will have to take an insurance policy and assign it to the Foundation. 5. Disbursement of the scholarship will be done in installments based on the fee statement from the College/University to be furnished by the scholar.

Schedule of Repayments to NSF :

Repayment will commence one year after course completion as per the following schedule :

1st year after course completion	2nd year after course completion	3rd year after course completion	4th year after course completion
NIL	30% of the scholarship amount	35% of the scholarship amount	35% of the scholarship amount

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Dr Manmohan Singh Scholarship

Dr Manmonhan Singh, the Prime Minister of India, is a graduate and Honorary Fellow of St John’s College. He is widely acknowledged as the architect of the economic reforms that have helped propel India onto the World Stage. In honour of Dr Singh St John’s College, the University of Cambridge launched the Dr Manmohan Singh Scholarships in Delhi last year. These awards will enable academically outstanding Indian students to come to St. John’s College, University of Cambridge to study for doctoral degrees in subjects like Science & Technology, Economics and Social Sciences.

Eligibilty Criteria

The applicant should be:

An Indian national with a valid Indian passport and currently based in India
Below 35 years of age as on 31 December 2008 Not already had significant exposure to UK education or received UK government funding. Should hold a Master’s (postgraduate) degree from a reputed/recognised India university/institution with a First Class award (UG and PG) in the relevant subject/field Evidence of leadership qualities (to be assessed from personal statements e.g. extracurricular activities and/or evidence of having made a difference to the country/society/participation in symposia in the relevant subject, or peer reviewed publication in the area.) Keen to pursue and should have identified a full time Doctoral Research degree from the University of Cambridge commencing by September/October 2009
Fluent in spoken and written English Able to fulfil any other admission criteria laid down by the university.

Value of the Award

The scholarships are fully funded:

Academic fees
International airfare
Monthly stipend to cover living expenses
UK Visa
Application process

It is the responsibility of the applicants to identify a suitable Doctoral programme and supervisor at the University of Cambridge, apply for a place for September/October 2009 and secure admission.

1. Identify a suitable doctoral programme and supervisor at the University of Cambridge.
2. Applicants to visit the Board of Graduate Studies (BoGs) website and make formal application to the University at the same time as to the Dr Man Mohan Singh Scholarships.
3. Applicants to select St John’s College as their first choice College on their BoGs application form.
4. Applicants to indicate on their BoGs form that they are applying for the Dr Manmohan Singh Scholarships, but also to complete the section applying for funding from the University.

Further information

For further information and clarification please contact:

Vishu Sharma
Scholarships
British Council
17, Kasturba Gandhi Marg
New Delhi 110001, India

Tel +91 (0)11 23711401 (extn. 272)
Fax +91 (0) 11 23710717
Direct tel: +91 (0)11 41497272

delhi.scholarship@in.britishcouncil.org

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Thirumangalam By-Election Results

Thirumangalam By-Election Results

Madurai, Thirumangalam By-election is of much importance to teh party in rule at state. Candidates from DMK, AIADMK, DMDK and others were competed.

After the votes were casted, today morning counting started. From the beginnning DMK candidate Latha Athiyaman dominated by cast difference in the votes that the remaining candidates. Finally Latha of DMK,won the Thirumangalam by election with the difference of 39,266 votes. Today totally a lump of 79,422 votes were claimed towards DMK. Also Latha leaded the opponent ADMK candidate Muthuramalingam by 39,266 votes more.

The candidates votes status :

DMK : 79,422
ADMk : 40,156
DMDK : 13,136

At The Scene :

Previously the counting started in well secured manner. All the candidates of participation made their presence there. Totally there were 1,55,647 voters in Thirumangalm and 1,38,191 people casted their votes which held on Jan 9. Countings started in teh venue of MMC, madurai medical college withe the security of 250 Army and 50 local police officers.
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This particular article is copyrighted to Indiastudychannel

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MBA Admission

College Of Agribusiness Management-CABM Govind Ballabh Pant University Of Agriculture And Technology PantNaga -263145 Uttarakhand
Invites Applications for Admissions to Two year Full Time Degree Programme of MASTER OF BUSINESS ADMINISTRATION - 2009-2011 in AGRIBUSINESS-Twelfth Batch for Engineers-Fourth Batch & in Food Retail & Supply Chain- Third Batch
College of Agribusiness Management (CABM) is a constituent of premier Farm University, the G. B. Pant University of Agriculture & Technology, and benefits from its highly qualified and dedicated faculty. The MBA programme approved by the AICTE is offered for three streams viz. one for Engineering Graduates (MBA), other for Agriculture and allied Graduates (MBA-Agribusiness) and the third for Agriculture and allied, Business Administration/ Studies, Commerce Engineering, and Pharmacy Graduates. Whereas first one provides specialization in relevant functional areas, the industry specific specializations in Farm Engineering, Food Industry, Hi-tech Agriculture, Horticulture, Input Supply, Vet. Pharmaceutical Industry and Livestock Industry; specialization in functional areas are provided in the second; and focus is on Food Retail and Supply Chain Management in the last one. The programme has patronage of leading corporate houses for projects, placements, MDPs, research and consultancies and has a track record of 100 percent placement.

Selection Procedure

The candidates will have to appear in Common Admission Test (CAT) being conducted by IIM, Kozhikode on November 16, 2008. Our institute uses CAT for short listing the candidates for our twoyear full time Post-graduate Programme in Management. IIMs have no role either in the selection process or in the conduct of the programme. The candidates short listed on the basis of CAT Score will have to appear for Group Discussion and Personal Interview at CABM, Pantnagar on specified date(s).

Important Dates

Sale of Application form October 15, 2008 Last date for Obtaining and submitting Filled Application Forms December 10, 2008 Last date for Obtaining and submitting Filled Application Forms (With late fee) January 30, 2009 Last date for Obtaining and submitting Filled Application Forms (for sponsored candidates) June 30, 2009

How to Apply

The application form and Prospectus of the programme can be obtained from and submitted in the office of Dean, College of Agribusiness Management, Pantnagar on payment of Rs. 1500/- in the form of Crossed Demand Draft drawn on Punjab National Bank (branch 4446) in favour of Dean, CABM payable at Pantnagar. The forms can be obtained and submitted up to January 30, 2009 with a late fee of Rs. 3000/-. For details regarding eligibility, number of seats and companies participating in placement log on to www.cabm.ac.in Contact Address: Dean, College of Agribusiness Management (CABM) G. B. Pant University of Agri. & Tech., PANTNAGAR - 263 145 Phone: 05944-233884 Fax: 05944-233533, 233473

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Satyam Computers’ Fraud

Satyam Computers’ Multi Year Fraud

Mega and multi-year fraud of Satyam Computers came to lime light when its founder and chairman Ramalinga Raju resigned from director post. Satyam is one of the top and biggest IT firms in India and in the globe as it is running with around 53K employees and branched in 66 nations, rooted in India. Due to uncomforted and struggle in management Raju resigned from managing director of Satyam yesterday. Indian share market which opened up and range bound still 11 am started to tumble after his resignation news reached SEBI and the investors and traders. The shares of Satyam made a whopping 80 percent south journey with a grave cry among the share holders.

Recent Satyam

Satyam is valued as a fore runner in the IT field having the asset estimation of 15K crores. For the past several days the shareholders were unhappy and some shouts rose from them. The reason behind this was they didn’t like the firm changing the reserved cash into another buyout. Also the talk about this wrong direction of satyam’s journey could be heard around the globe and earlier weeks before share prices of Satyam were depreciated, as yesterday, in US markets.
In this situation Raju sent his resignation letter to the SEBI and the management of central office. SEBI was shocked seeing this fraud confess statement and after this release Indian market switched to a free fall mode.

Ramalinga Raju’s Letter



From his letter to SEBI it is understood that there was a fraud for more than seven thousand crores.Until September, Bank reserve was stated at Rs 5361 crore. But in actual it was only Rs 321 crore. Almost Rs 5040 crore was inflated.In second Quarters, income was stated at Rs 2070 crore, but in real it was Rs 2112 crore only and Rs 649 crore was stated as running profit but that was only Rs 61 crore. Because of this we showed Rs 588 crore as inflated. For the past many years there was a gap between report and actual. All steps taken by me to fill this gap were failed and Maytas’ takeover was the last attempt which also failed. And I was riding on a tiger in a situation the tiger would eat me if I get down. In this situation I resign as managing director of Satyam.

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Satyam Chairman Resigned

The finance ministry has swung into action on the Satyam issue. It has asked stock market regulator Sebi and ministry of corporate affairs to give a report on the issue. Ramalinga Raju resigns from Satyam Board. Writes letter to the board giving balance sheet details. Raju may face criminal proceedings and 10 year jail. SEBI Chairman Bhave says Satyam Chairman Letter has important implications for the markets SEBI Chairman says need to get more facts in order to take action following Satyam issue. Coming to the Market side, the share price of Satyam Computer Services (Satyam) Plunged like anything and in a free fall mode. The share price touched the high of Rs 188.70 and the low of Rs 30.70, changing negatively almost 83 % from the previous day closing price of Rs 179.10

Ramalinga Raju’s Letter :

Satyam Somputer Services' shares tanked after chairman Ramalinga Raju confessed of reporting inflated figures in the accounts of the firm.Raju said the Q2 September 2008 results reported operating margin of about Rs 649 crore versus actual Rs 61 crore. He further said that the balance sheet as on 30 September 2008 included understated liability of Rs 1230 crore. He also said the balance sheet as on that day included inflated cash and bank balances of Rs 5040 crore. No board member had any knowledge of the real situation of the books, Raju said. He further said the failed Maytas deal was a last attempt to fill fictitious assets with real ones. In mid-December 2008, Satyam had scrapped a deal to acquire Maytas Properties and Maytas Infrastructure, companies run by Raju's sons B Rama Raju and Teja Raju as the plan angered Satyam investors.

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Gandhi Museum Golden Jubilee

Gandhi Museum Golden Jubilee

Madurai Gandhi Museum celebrates its golden jubilee during April of this year. The central government allotted five crores for the growth and development of this historic and tourist jackpot.

About Gandhi Museum

Spread in 13 acres of land is situated in the center part of the Temple city Madurai near the district collector office. The place where this museum rests is of such importance that it is surrounded by the points of traffic driven like BSNL Telephone exchange, Tamukkam ground, Madurai medical College, Race course ground, Court, Mattuthavani Bus Terminus, Rajaji park, Madurai District Collector office, Madurai Government Hospital UHHHH!! Such an important place; is not it

Inside the Museum

The infrastructure of Gandhi museum is meant to have the paintings, hangings, picture gallery depicting the involvement of Father of nation, the freedom fighter and Leader, in getting Independence from the British.

Exhibition

Inside the museum you can find the special exhibition on "Freedom Fights". This is so special as this brings the memories and events of the freedom movements and fights in front in green. Also contains special paintings and photographs donated by various states across the country.

Hall Of Relics

It is the place where one can see some of the belongings of Gandhi like spectacles, dhoti, khadi and so on. Special Library is yet another visitor attraction which contains copies of Gandhi's letters, micro-fils and short films, cultural books etc.

Activities and Service

To spread and to create awareness and remembrance of the freedom movement, the authorities conduct freedom awareness programs, freedom movement rally, Yogasanas.Often they show short films and slides of the life of Gandhi.

How to reach Gandhi Museum

From Madurai Junction or from periyar bustand, one can take buses going to Alagar Koil, pudur, Mattuthavani and they have to get down at Tamukkam or Thanthi office.From here they have to cross the road and get to the straight way on foot or by Taxi which will take about five minutes.

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Hockey vs Cricket

Hockey vs Cricket

A debate on the National Game is on the hot spot go in the nation. Former Olympic Hockey player Baljit Singh said rashly that after winning the world cup for eight times, you can claim Cricket as the national game.

And this rashness and eruption is due to the statement of former cricket player Patodi who asked to replace Cricket as the national game in place of Hockey and to give authorization on the same. A strong opposes araised around the game ground.

And Baljit replied “Yet cricket has not been included in Olympic. So let the cricket team win 8 world cups and then they can claim like this. Now hockey is in the critical situation, but soon it will reach the top". Soon hockey will shine in its old glory. Before these developed and comforts, Hockey shined without any facilities and earned many crowns to the nation in black and white period.

Also Former Hockey group official Gil added that hockey is being played in 100 nations rather hockey is in 8 or 10 nations only; Hockey is one of the Olympic Games but cricket is not and anyone can play cricket but only the well trained and physically fit player can alone play hockey.

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NIIT National IT Aptitude Test

NIIT National IT Aptitude Test

NIIT's training solutions are in the field of IT, Business, Finance and Insurance and so on.NIIT the leading Global Development Corporation , a Learning Solution Provider conducts a Nation Wide IT Aptitude Test, NITAT.


NITAT - A Glance

In busy world we forget to test our intelligene and rate where we are. So this NITAT will help you to understand and anlyse your aptitude skills, analytical skills, personality profile, strength and weakness of your IT aptitude skills.
It is the nationally recognised IT Aptitude test.

The Duration of this test is 90 minutes which will be held in 160 cities simultaneously in India, by the NIIT officials. Lakhs of candidates will participate in this mass test. The test will not evaluate your programming knowledge or knowledge of computers. It purely tests your Logical, Analytical , Verbal Ability and problem Solving skills.

Eligibility

* College students
* Engineering students
* Graduates of any discipline
* Students who completed higher secondary education and those who await for results

Guidelines

* NITAT is purely test of objective type
* Not an explainatory type
* Mark your answers in a separate answer sheet provided to you
* Mobiles/ Cell Phones/Calculators are not allowed in exam hall
* Asseble 30 minutes before at the test avenue
* Misconduct inside the exam hall will lead to disqualification

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Satyam Computers Problem

Satyam Computers being sold to Tech mahindra; this was the news in flash in previous days. But the Satyam Corporate authority refused and denied such fake and rumor news in the national and around the globe. Recently this corporate is facing crucial criticism around the markets as its shares tasted the heavy downtrodden till now amidst some wake up.

Being in a critical cold war captivity, the Board meeting is scheduled to be held on January 10 by the Satyam Computers corporate. Also there are some news in the market that the other competitors like HCL Technologies, Tech Mahindra and Cognizant are trying to take over this troublesome corporate. But in contradict the HCL Technologies refused such news and replied that they are in a busy week ahead in buying the Axon Infotech and is spending 500 million dollar for that take over.

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Association of Indian Management Schools AIMS

Overview

The Association of Indian Management Schools (AIMS) was formed in 1988 as a network of management schools in the country at the National Conference of the Heads of Management Education Institutions on "National Education Policy and its Implications for Management Education in the Country" held at Indian Institute of Management, Bangalore in April 1988
AIMS has since grown into a powerful body for management schools in the country with a membership of about four hundred Institutes. AIMS is the second largest network of management schools in the world.


Mission

The Mission of AIMS is to function as the professional association of management education concerned with quality of management, manpower training and development, management research, curriculum development and take all such steps on its own or in collaboration with other agencies for the promotion of Management Education in India.


Vision

AIMS must function as the true representative body of management education in the country, safeguarding the interests of the sector and contributing to quality improvement on a continuing basis. AIMS must make determined efforts to develop and project its identity as the national network of the management schools system in India with its presence, voice and impact felt that respected in relevant national management and policy fora. This would call for rededicated commitment to its mission and well articulated programmes of action.

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LTTE Lost Kilinochi

LTTE Lost Kilinochi

Colombo: Sri Lankan Army successfully captured the Political Headquarter of LTTE the Kilinochi. Kilinochi is situated to the South of Parantan. It is a beautiful place, thickly populated with well stuck natural resources. This is one of the biggest ever success of the Lankan while fighting for the past twenty five years. Recently countrymen captured the Parantan. From here they improved their on go while loosing many armed men to the forces of LTTE.

Air Force

But this loss did not put up the defeat heat with fear; rather they strived on foot. When they entered Kilinochi, a prolonged terrific fight happened between the countrymen and the Tigers while giving the place to the Lankan armed forces. Also the Air force of Lanka helped much to the army in this struggle more over the victory.

Running Race of Tiger

Liberation Tigers Of Tamil Ealam LTTE, the Tigers ran away putting down their weapons when the countrymen entered Kilinochi with strong attack. Many Tigers died and many more injured.
Little back earlier the Sri Lankan government asked the Tigers to surrender and also they are not ready to stop the war until they recover the remaining parts of Lanka from the hands of Tigers.

Importance Of Kilinochi

This historical Kilinochi restoration is a big loss for the Tigers because Kilinochi was the Political Headquarter for them before it was being restored by the countrymen.
Kilinochi was the main meeting place and also the discussion yard for the Tigers. It is such an important place that the Peace making effort meetings were held here. It also functioned as the air landing for the Tigers.

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