BEST PICTURE:
The King's Speech
Iain Canning, Emile Sherman and Gareth Unwin.
ACTOR IN A LEADING ROLE:
Colin Firth (The King's Speech).
Monday, February 28, 2011
83rd Annual Academy Awards Winners.
BEST PICTURE:
The King's Speech
Iain Canning, Emile Sherman and Gareth Unwin.
ACTOR IN A LEADING ROLE:
Colin Firth (The King's Speech).
Sunday, February 27, 2011
India at the Oscars.
Mother India (1957) — Nominated:
Almost three decades after the Academy Awards were instituted, Mehboob Khan's 1957 classic Mother India, set in post-Independence rural India, was chosen as India's first submission to the Oscars.
It went on to become the first Indian film to be chosen in the final shortlist in the Best Foreign Language Film category.
Nargis's stellar performance as a gritty woman eking out a livelihood, unrelenting in the face of obstacles, won her accolades.
Mother India, however, lost out to Federico Fellini's Italian film Le Notti di Cabiria (The Nights of Cabiria).
Bhanu Athaiya for Gandhi (1982) — Won
Twenty-six years after Mother India made the shortlist at the Oscars, costume designer Bhanu Athaiya made history by becoming the first Indian to win an Oscar, in 1983.
She won the award for Best Costume Design for Sir Richard Attenborough's Gandhi (1982). She had also won a BAFTA award for the same film in the same category.
The Ben Kingsley-starrer was a biographical film on Mahatma Gandhi and swept the Oscars in 1983, including for Best Film.
Kingsley, an Indian-origin actor, took home the golden statuette for Best Actor while Attenborough won the Best Director award.
Salaam Bombay! (1988) — Nominated
Six years later, India won another Oscar nomination when Mira Nair's Salaam Bombay! (1988) was nominated in the Best Foreign Language Film category.
As the name suggests, the film explores and documents the extraordinary lives of ordinary street urchins in Bombay. Nair paid a graphic tribute to the city's contemporary street life and its frivolous spirit.
Satyajit Ray — An Honorary Award
In 1992, the Academy of Motion Picture Arts and Sciences bestowed an Honorary Award for Lifetime Achievement on Satyajit Ray, one of India's most distinguished filmmakers. Ray is the only Indian till date to have secured that distinction.
A genius, Ray was the brain behind examplar films like Pather Panchali, Charulata, Aranyer Din Ratri, Teen Kanya, and Devi. So widespread was his international esteem that Japanese filmmaker Akira Kurosawa once declared, "Not to have seen the cinema of Ray means existing in the world without seeing the sun or the moon."
Elizabeth (1998) — Won
Bandit Queen director Shekhar Kapur's 1998 biographical drama on England's seventeenth century queen, Elizabeth, with Cate Blanchett in the title role, won seven Oscar nominations in 1999, including for Best Film and Best Actress. It won an Oscar for Best Makeup.
The film's 2007 sequel Elizabeth: The Golden Age, again earned Blanchett the Best Actress nomination and the Best Costume Design award for the film, but Kapur missed out again.
Lagaan (2001) — Nominated
Ashutosh Gowariker's Lagaan was the third Hindi film to be nominated for an Oscar in the Best Foreign Language Film category.
The Aamir Khan-starrer was the first among a string of Hindi films based on the theme of British colonialism that hit the screens in the early 2000s. The film offered Indian audiences an enchanting combination of its favourites — Bollywood and cricket.
Lagaan lost out to the Bosnian war film No Man's Land. But Khan got a lot of flak and was labelled a hypocrite for attending the Oscar ceremony after claiming that he hated attending award functions.
Little Terrorist (2004) — Nominated
In 2004, a short film called Little Terrorist, directed by Ashvin Kumar, was nominated in the Short Film Live Action category at the Oscars.
Screened at a number of international film festivals, Little Terrorist narrates the story a of a Pakistani boy who accidentally crosses the Indian border and lands in trouble with the Indian security forces.
Water (2006) — Nominated
Deepta Mehta's film was the last in her trilogy, with Fire (1996) and Earth (1998) preceding it. In 2007, Water was nominated for the Best Foreign Language Film at the Oscars.
Starring Lisa Roy, John Abraham, Seema Biswas, and Waheeda Rehman, Water focused on some of the evils of Hindu society and the pathetic condition of widows in pre-Independence India.
Reviewing the film, The New York Times said, "Serene on the surface yet roiling underneath, the film neatly parallels the plight of widows under Hindu fundamentalism to that of India under British colonialism."
Slumdog Millionaire (2008)
Danny Boyle's Slumdog Millionaire (2008) was an international sensation and an Oscar powerhouse, winning eight awards after being nominated in 10 categories.
The film not only won the Best Picture and Best Director awards, but also got music maestro AR Rahman his first golden statuettes — for Best Original Score and Best Original Song 'Jai Ho!'.
Resul Pookutty won the award for Best Sound Mixing — India's first Oscar for technical excellence.
With an appealing dramatic romantic plot set in the heart of Mumbai, Slumdog Millionaire grabbed eyeballs all over the world and catapulted its lead actors Dev Patel and Freida Pinto to international stardom.
Smile Pinki (2008) — Won
American director Megan Mylan's 39-minute documentary Smile Pinki (2008) won the Oscar for Best Documentary (Short Subject).
The documentary tells the story of a little girl from rural Uttar Pradesh who was born with a cleft lip.
The film takes the viewer through the girl's life which is transformed when she gets a generous offer of free surgery.
What's Happening in Libya.
Why are Libyans unhappy?
Libya has been ruled for 42 years by a cunning, repressive, eccentric dictator who has frequently described his own people as "backwards." More than half of his 6.5 million subjects are under 18. Despite Libya's plentiful oil revenues, which represent most of the national budget, many children suffer from malnutrition and anemia. Corruption is rampant, dissidents are brutally suppressed, and many citizens are afraid to say Qaddafi’s name in public or in private for fear of attracting suspicion. Instead, Qaddafi is often referred to as "the leader" and his son Seif (until now heir-apparent) as "the principal." Discussing national policy with a foreigner is punishable with three years in prison. Reporters Without Borders describes press freedom in Libya as "virtually non-existent."
Oil is the economy in Libya and oil profits have bankrolled massive investments in education and infrastructure—yet Libya lags far behind other oil-rich Arab states. Unemployment stands at 30 percent. People who have jobs often work only part-time. Basic foods—including rice, sugar, flour, gasoline—are heavily subsidized by the government and sold for a fraction of their true cost. A 2006 New Yorker article described Libya's "prosperity without employment and large population of young people without a sense of purpose."
What are the implications of Libyan instability?
After decades of being reviled as a state sponsor of terrorism, Libya recently reversed course and joined the ranks of America's allies in the fight against Al Qaeda. In 2003, Qaddafi agreed to stop developing weapons of mass destruction and paid $2.7 billion to the families of the 270 victims of Pan Am 101—the plane bombed by Libyan agents over Lockerbie, Scotland in 1988. In return, the US and the United Nations lifted economic sanctions against Libya.
On the Arab street, however, Qaddafi is widely loathed. Most of his political victims have been members of banned Islamist groups, including the Muslim Brotherhood, which would likely gain stronger influence if he were overthrown. Qaddafi, once among the Palestinian movement's most vocal international supporters, outraged many Arabs by saying that Palestinians have no special claim to the land of Israel and calling for the creation of a bi-national "Isratine."
What's the latest?
On Sunday, February 20, protesters succeeded in overtaking all parts of Benghazi except for a government security compound. Qaddafi's son gave a long, rambling televised speech in which he blamed Islamic radicals and Libyan exiles for the uprising. He claimed civil war over the country's oil resources would set off starvation, cause public services including education to collapse, and could spark a Western invasion. He said, "We will fight until the last man, until the last woman, until the last bullet."
Protests have now spread to the capital, Tripoli, with thousands of demonstrators converging onto the city's main square and reportedly taking over state television headquarters. They faced well-armed pro-Qaddafi militias who fired into the crowds. The Libyan government has sought to impose an information blackout, blocking the internet and satellite television and forbidding foreign journalists from entering.
Al-Jazeera remains the most comprehensive source of coverage; you can follow its live blog here
Libya has been ruled for 42 years by a cunning, repressive, eccentric dictator who has frequently described his own people as "backwards." More than half of his 6.5 million subjects are under 18. Despite Libya's plentiful oil revenues, which represent most of the national budget, many children suffer from malnutrition and anemia. Corruption is rampant, dissidents are brutally suppressed, and many citizens are afraid to say Qaddafi’s name in public or in private for fear of attracting suspicion. Instead, Qaddafi is often referred to as "the leader" and his son Seif (until now heir-apparent) as "the principal." Discussing national policy with a foreigner is punishable with three years in prison. Reporters Without Borders describes press freedom in Libya as "virtually non-existent."
Oil is the economy in Libya and oil profits have bankrolled massive investments in education and infrastructure—yet Libya lags far behind other oil-rich Arab states. Unemployment stands at 30 percent. People who have jobs often work only part-time. Basic foods—including rice, sugar, flour, gasoline—are heavily subsidized by the government and sold for a fraction of their true cost. A 2006 New Yorker article described Libya's "prosperity without employment and large population of young people without a sense of purpose."
What are the implications of Libyan instability?
After decades of being reviled as a state sponsor of terrorism, Libya recently reversed course and joined the ranks of America's allies in the fight against Al Qaeda. In 2003, Qaddafi agreed to stop developing weapons of mass destruction and paid $2.7 billion to the families of the 270 victims of Pan Am 101—the plane bombed by Libyan agents over Lockerbie, Scotland in 1988. In return, the US and the United Nations lifted economic sanctions against Libya.
On the Arab street, however, Qaddafi is widely loathed. Most of his political victims have been members of banned Islamist groups, including the Muslim Brotherhood, which would likely gain stronger influence if he were overthrown. Qaddafi, once among the Palestinian movement's most vocal international supporters, outraged many Arabs by saying that Palestinians have no special claim to the land of Israel and calling for the creation of a bi-national "Isratine."
What's the latest?
On Sunday, February 20, protesters succeeded in overtaking all parts of Benghazi except for a government security compound. Qaddafi's son gave a long, rambling televised speech in which he blamed Islamic radicals and Libyan exiles for the uprising. He claimed civil war over the country's oil resources would set off starvation, cause public services including education to collapse, and could spark a Western invasion. He said, "We will fight until the last man, until the last woman, until the last bullet."
Protests have now spread to the capital, Tripoli, with thousands of demonstrators converging onto the city's main square and reportedly taking over state television headquarters. They faced well-armed pro-Qaddafi militias who fired into the crowds. The Libyan government has sought to impose an information blackout, blocking the internet and satellite television and forbidding foreign journalists from entering.
Al-Jazeera remains the most comprehensive source of coverage; you can follow its live blog here
Obama: Gaddafi must leave Libya now:
US President Barack Obama has said that Libyan leader Muammar Gaddafi has lost his legitimacy to rule and urged him to step down from power immediately.
Obama’s call came in a call on Saturday to Angela Merkel, the German chancellor, sharpening US rhetoric after days of deadly violence - and criticism that Washington was slow to respond.
"When a leader's only means of staying in power is to use mass violence against his own people, he has lost the legitimacy to rule and needs to do what is right for his country by leaving now," the White House said in a statement, summarising their telephone conversation.
"The president and the chancellor shared deep concerns about the Libyan government's continued violation of human rights and brutalisation of its people."
The White House has previously stopped short of calling for Gaddafi to leave, saying - just as in other countries affected by a wave of regional unrest - that only Libya's citizens had a say in choosing their rulers.
US Secretary of State Hillary Clinton, echoed Obama's tougher stance, and said Libyans had made their preferences on the issue clear
US sanctions:
"We have always said that the [Gaddafi] government's future is a matter for the Libyan people to decide, and they have made themselves clear," Clinton said in a statement.
"[Gaddafi] has lost the confidence of his people and he should go, without further bloodshed and violence."
The Obama administration had been criticised for its relatively restrained response to Gaddafi's bloody crackdown on an uprising against his four-decade rule.
But White House officials said fears for the safety of US citizens in Libya had tempered Washington's response to the turmoil.
Washington announced a series of sanctions against Libya on Friday, after a chartered ferry and a plane carrying US citizens and other evacuees left Libya.
Clinton said she signed an order directing the State Department to revoke US visas held by senior Gaddafi government officials, their family members and others responsible for human rights violations in Libya.
"As a matter of policy, new visa applications will be denied," she said.
Support for protests:
The White House said Obama and Merkel reaffirmed their support for the Libyan people's demand for universal rights and agreed Gaddafi's government "must be held accountable".
"They discussed appropriate and effective ways for the international community to respond," the White House said.
"The president welcomed ongoing efforts by our allies and partners, including at the United Nations and by the European Union, to develop and implement strong measures."
Obama has been holding a series of discussions with world leaders about the unrest in Libya. The administration is hoping that the world "speaks with a single voice" against Gaddafi's violent crackdown, and the president is sending Clinton to Geneva on Sunday to coordinate with foreign policy chiefs from several countries.
Clinton will try to rally support against Gaddafi on Monday at the UN Human Rights Council, where she will to consult a range of foreign ministers on sanctions.
Washington is examining options including sanctions and a no-fly zone to try to stop Gaddafi's violent suppression of anti-government protests.
Saturday, February 26, 2011
IT Companies Full Names...:D:D:D
1. NIIT: Not Interested in IT
2. WIPRO: Weak Input, Poor & Rubbish Output
3. HCL: Hidden Costs & Losses
4. TCS : Totally Confusing Solutions
5. INFOSYS : Inferior Offline Systems
6. HUGHES : Highly Useless Graduates Hired for Eating and Sleeping
7. BAAN : Beggars Association and Nerds
8. IBM : Implicitly Boring Machines
9. SATYAM: Sad and Tired Yelling Away Madly
10. PARAM: Puzzled and Ridiculous Array of Microprocessors
11. C-DOT : Coffee during Office Timings
12. AT&T : All Troubles & Terrible
13. CMC : Coffee, Meals and Comfort
14. DEC : Drifting & Exhausted Computers
15. BFL : Brainwash first and Let them go
16. TISL : Totally Inconsistent Systems Ltd.
17. PSI : Peculiar Symptoms of India
18. ORACLE : On-line Romance And Chatting with Lady Employees .
19. PATNI : Pathetic Appraisal Techniques, No Increments.
20. MASTEK : Mad and Stupid Technicians Enrooted to Kabaarkhana
21. MTNL : Mera Telephone Nahi Laga.
2. WIPRO: Weak Input, Poor & Rubbish Output
3. HCL: Hidden Costs & Losses
4. TCS : Totally Confusing Solutions
5. INFOSYS : Inferior Offline Systems
6. HUGHES : Highly Useless Graduates Hired for Eating and Sleeping
7. BAAN : Beggars Association and Nerds
8. IBM : Implicitly Boring Machines
9. SATYAM: Sad and Tired Yelling Away Madly
10. PARAM: Puzzled and Ridiculous Array of Microprocessors
11. C-DOT : Coffee during Office Timings
12. AT&T : All Troubles & Terrible
13. CMC : Coffee, Meals and Comfort
14. DEC : Drifting & Exhausted Computers
15. BFL : Brainwash first and Let them go
16. TISL : Totally Inconsistent Systems Ltd.
17. PSI : Peculiar Symptoms of India
18. ORACLE : On-line Romance And Chatting with Lady Employees .
19. PATNI : Pathetic Appraisal Techniques, No Increments.
20. MASTEK : Mad and Stupid Technicians Enrooted to Kabaarkhana
21. MTNL : Mera Telephone Nahi Laga.
Blog.
A blog (a blend of the term web log)is a type of website or part of a website. Blogs are usually maintained by an individual with regular of commentary, descriptions of events, or other material such as graphics or video. Entries are commonly displayed in reverse-chronological order. Blog can also be used as a verb, meaning to maintain or add content to a blog.
Most blogs are interactive, allowing visitors to leave comments and even message each other via widgets on the blogs and it is this interactivity that distinguishes them from other static websites.
As of 16 February 2011,there were over 156 million public blogs in existence.
The term "weblog" was coined by Jorn Barger on 17 December 1997. The short form, "blog," was coined by Peter Merholz, who jokingly broke the word weblog into the phrase we blog in the sidebar of his blog Peterme.com in April or May 1999.Shortly thereafter, Evan Williams at Pyra Labs used "blog" as both a noun and verb ("to blog," meaning "to edit one's weblog or to post to one's weblog") and devised the term "blogger" in connection with Pyra Labs' Blogger product, leading to the popularization of the terms.
Before blogging became popular, digital communities took many forms, including Usenet, commercial online services such as GEnie, BiX and the early CompuServe, e-mail lists and Bulletin Board Systems (BBS). In the 1990s, Internet forum software, created running conversations with "threads." Threads are topical connections between messages on a virtual "corkboard."
After a slow start, blogging rapidly gained in popularity. Blog usage spread during 1999 and the years following, being further popularized by the near-simultaneous arrival of the first hosted blog tools:
Bruce Ableson launched Open Diary in October 1998, which soon grew to thousands of online diaries. Open Diary innovated the reader comment, becoming the first blog community where readers could add comments to other writers' blog entries.
Brad Fitzpatrick started LiveJournal in March 1999.
Andrew Smales created Pitas.com in July 1999 as an easier alternative to maintaining a "news page" on a Web site, followed by Diaryland in September 1999, focusing more on a personal diary community.Evan Williams and Meg Hourihan (Pyra Labs) launched blogger.com in August 1999 (purchased by Google in February 2003.
There are many different types of blogs, differing not only in the type of content, but also in the way that content is delivered or written.<
Personal blogs:
The personal blog, an ongoing diary or commentary by an individual, is the traditional, most common blog. Personal bloggers usually take pride in their blog posts, even if their blog is never read. Blogs often become more than a way to just communicate; they become a way to reflect on life, or works of art. Blogging can have a sentimental quality. Few personal blogs rise to fame and the mainstream, but some personal blogs quickly garner an extensive following. One type of personal blog, referred to as a microblog, is extremely detailed and seeks to capture a moment in time.
Some sites, such as Twitter, allow bloggers to share thoughts and feelings instantaneously with friends and family, and are much faster than emailing or writing.
Corporate and organizational blogs:
A blog can be private, as in most cases, or it can be for business purposes. Blogs used internally to enhance the communication and culture in a corporation or externally for marketing, branding or public relations purposes are called corporate blogs. Similar blogs for clubs and societies are called club blogs, group blogs, or by similar names; typical use is to inform members and other interested parties of club and member activities
By Device:
Blogs can also be defined by which type of device is used to compose it. A blog written by a mobile device like a mobile phone or PDA could be called a moblog. One early blog was Wearable Wireless Webcam, an online shared diary of a person's personal life combining text, video, and pictures transmitted live from a wearable computer and EyeTap device to a web site. This practice of semi-automated blogging with live video together with text was referred to as sousveillance. Such journals have been used as evidence in legal matters.
By media type:
A blog comprising videos is called a vlog, one comprising links is called a linklog, a site containing a portfolio of sketches is called a sketchblog or one comprising photos is called a photoblog. Blogs with shorter posts and mixed media types are called tumblelogs. Blogs that are written on typewriters and then scanned are called typecast or typecast blogs; see typecasting (blogging).
A rare type of blog hosted on the Gopher Protocol is known as a Phlog.
Most blogs are interactive, allowing visitors to leave comments and even message each other via widgets on the blogs and it is this interactivity that distinguishes them from other static websites.
As of 16 February 2011,there were over 156 million public blogs in existence.
The term "weblog" was coined by Jorn Barger on 17 December 1997. The short form, "blog," was coined by Peter Merholz, who jokingly broke the word weblog into the phrase we blog in the sidebar of his blog Peterme.com in April or May 1999.Shortly thereafter, Evan Williams at Pyra Labs used "blog" as both a noun and verb ("to blog," meaning "to edit one's weblog or to post to one's weblog") and devised the term "blogger" in connection with Pyra Labs' Blogger product, leading to the popularization of the terms.
Before blogging became popular, digital communities took many forms, including Usenet, commercial online services such as GEnie, BiX and the early CompuServe, e-mail lists and Bulletin Board Systems (BBS). In the 1990s, Internet forum software, created running conversations with "threads." Threads are topical connections between messages on a virtual "corkboard."
After a slow start, blogging rapidly gained in popularity. Blog usage spread during 1999 and the years following, being further popularized by the near-simultaneous arrival of the first hosted blog tools:
Bruce Ableson launched Open Diary in October 1998, which soon grew to thousands of online diaries. Open Diary innovated the reader comment, becoming the first blog community where readers could add comments to other writers' blog entries.
Brad Fitzpatrick started LiveJournal in March 1999.
Andrew Smales created Pitas.com in July 1999 as an easier alternative to maintaining a "news page" on a Web site, followed by Diaryland in September 1999, focusing more on a personal diary community.Evan Williams and Meg Hourihan (Pyra Labs) launched blogger.com in August 1999 (purchased by Google in February 2003.
There are many different types of blogs, differing not only in the type of content, but also in the way that content is delivered or written.<
Personal blogs:
The personal blog, an ongoing diary or commentary by an individual, is the traditional, most common blog. Personal bloggers usually take pride in their blog posts, even if their blog is never read. Blogs often become more than a way to just communicate; they become a way to reflect on life, or works of art. Blogging can have a sentimental quality. Few personal blogs rise to fame and the mainstream, but some personal blogs quickly garner an extensive following. One type of personal blog, referred to as a microblog, is extremely detailed and seeks to capture a moment in time.
Some sites, such as Twitter, allow bloggers to share thoughts and feelings instantaneously with friends and family, and are much faster than emailing or writing.
Corporate and organizational blogs:
A blog can be private, as in most cases, or it can be for business purposes. Blogs used internally to enhance the communication and culture in a corporation or externally for marketing, branding or public relations purposes are called corporate blogs. Similar blogs for clubs and societies are called club blogs, group blogs, or by similar names; typical use is to inform members and other interested parties of club and member activities
By Device:
Blogs can also be defined by which type of device is used to compose it. A blog written by a mobile device like a mobile phone or PDA could be called a moblog. One early blog was Wearable Wireless Webcam, an online shared diary of a person's personal life combining text, video, and pictures transmitted live from a wearable computer and EyeTap device to a web site. This practice of semi-automated blogging with live video together with text was referred to as sousveillance. Such journals have been used as evidence in legal matters.
By media type:
A blog comprising videos is called a vlog, one comprising links is called a linklog, a site containing a portfolio of sketches is called a sketchblog or one comprising photos is called a photoblog. Blogs with shorter posts and mixed media types are called tumblelogs. Blogs that are written on typewriters and then scanned are called typecast or typecast blogs; see typecasting (blogging).
A rare type of blog hosted on the Gopher Protocol is known as a Phlog.
Friday, February 25, 2011
Top 10 Richest person in the world 2010.
No.1 Carlos Slim Helu.
$53.5 billion Telecom, Mexico.
Telecom tycoon who pounced on privatization of Mexico’s national telephone company in the 1990s becomes world’s richest person for first time after coming in third place last year. Net worth up $18.5 billion in a year. Recently received regulatory approval to merge his fixed-line assets into American Movil, Latin America’s biggest mobile phone company.
No.2 Bill Gates.
$53 billion Microsoft, U.S.
Software visionary is now the world’s second-richest man. Net worth still up $13 billion in a year as Microsoft shares rose 50% in 12 months, value of investment vehicle Cascade swelled. More than 60% of fortune held outside Microsoft; investments include Four Seasons hotels, Televisa, Auto Nation. Stepped down from day-to-day duties at Microsoft in 2008 to focus on philanthropy.
No.3 Warren Buffett.
$47 billion – Investments, U.S.
America’s favorite investor up $10 billion in past 12 months on surging Berkshire Hathaway shares; says U.S. has survived economic "Pearl Harbor," but warns recovery will be slow. Shrewdly invested $5 billion in Goldman Sachs and $3 billion in General Electric amid 2008 market collapse. Recently acquired railroad giant Burlington Northern Santa Fe for $26 billion.
No.4 Mukesh Ambani.
$29 billion- Petrochemicals, oil and gas. India.
Global ambitions: His Reliance Industries, already India’s most valuable company, recently bid $2 billion for 65% stake in troubled Canadian oil sands outfit Value Creations. Firm’s $14.5 billion offer to buy bankrupt petrochemicals maker LyondellBasell was rejected. Since September company has sold Treasury shares worth $2 billion to be used for acquisitions. Late father, Dhirubhai, founded Reliance and built it into a massive conglomerate.
No.5 Lakshmi Mittal.
$28.7 billion – Steel, India.
London’s richest resident oversees ArcelorMittal, world’s largest steel maker. Net profits fell 75% in 2009. Mittal took 12% pay cut but improved outlook pushed stock up one-third in past year. Looking to expand in his native India; wants to build steel mills in Jharkhad and Orissa but has not received government approval. Earned $1.1 billion for selling his interest in a Kazakh refinery in December.
No.6 Lawrence Ellison.
$28 billion – Oracle, U.S.
Oracle founder’s fortune continues to soar; shares up 70% in past 12 months. Database giant has bought 57 companies in the past five years. Completed $7.4 billion buyout of Sun Microsystems in January; acquired BEA Systems for $8.5 billion in 2008. Studied physics at U. of Chicago; didn’t graduate. Started Oracle 1977; took public a day before Microsoft in 1986.
No.7 Bernard Arnault
$27.5 billion
Luxury goods, France.
Bling is back, helping fashion icon grab title of richest European as shares of his luxury goods outfit LVMH–maker of Louis Vuitton, Moet & Chandon–surge 57%. LVMH is developing upscale Shanghai commercial property, L’Avenue Shanghai, with Macau billionaire Stanley Ho.
No.8 Eike Batista.
$27 billion
Mining, oil. Brazil.
Vowing to become world’s richest man–and he may be on his way. This year’s biggest gainer added $19.5 billion to his personal balance sheet. Son of Brazil’s revered former mining minister who presided over mining giant Companhia Vale do Rio Doce got his start in gold trading and mining.
No.9 Amancio Ortega.
$25 billion
Fashion retail, Spain.
Style maven lords over Inditex; fashion firm, which operates under several brand names including Zara, Massimo Dutti and Stradivarius, has 4,500 stores in 73 countries including new spots in Mexico and Syria. Set up joint venture with Tata Group subsidiary to enter India in 2010. Betting on Florida real estate: bought Coral Gables office tower that is currently home to Bacardi USA.
No.10 Karl Albrecht.
$23.5 billion
Supermarkets, Germany.
Owns discount supermarket giant Aldi Sud, one of Germany’s (and Europe’s) dominant grocers. Has 1,000 stores in U.S. across 29 states. Estimated sales: $37 billion. Plans to open New York City store this year. With younger brother, Theo, transformed mother’s corner grocery store into Aldi after World War II. Brothers split ownership in 1961; Karl took the stores in southern Germany, plus the rights to the brand in the U.K., Australia and the U.S. Theo got northern Germany and the rest of Europe.
Telecom tycoon who pounced on privatization of Mexico’s national telephone company in the 1990s becomes world’s richest person for first time after coming in third place last year. Net worth up $18.5 billion in a year. Recently received regulatory approval to merge his fixed-line assets into American Movil, Latin America’s biggest mobile phone company.
No.2 Bill Gates.
Software visionary is now the world’s second-richest man. Net worth still up $13 billion in a year as Microsoft shares rose 50% in 12 months, value of investment vehicle Cascade swelled. More than 60% of fortune held outside Microsoft; investments include Four Seasons hotels, Televisa, Auto Nation. Stepped down from day-to-day duties at Microsoft in 2008 to focus on philanthropy.
No.3 Warren Buffett.
America’s favorite investor up $10 billion in past 12 months on surging Berkshire Hathaway shares; says U.S. has survived economic "Pearl Harbor," but warns recovery will be slow. Shrewdly invested $5 billion in Goldman Sachs and $3 billion in General Electric amid 2008 market collapse. Recently acquired railroad giant Burlington Northern Santa Fe for $26 billion.
No.4 Mukesh Ambani.
Global ambitions: His Reliance Industries, already India’s most valuable company, recently bid $2 billion for 65% stake in troubled Canadian oil sands outfit Value Creations. Firm’s $14.5 billion offer to buy bankrupt petrochemicals maker LyondellBasell was rejected. Since September company has sold Treasury shares worth $2 billion to be used for acquisitions. Late father, Dhirubhai, founded Reliance and built it into a massive conglomerate.
No.5 Lakshmi Mittal.
London’s richest resident oversees ArcelorMittal, world’s largest steel maker. Net profits fell 75% in 2009. Mittal took 12% pay cut but improved outlook pushed stock up one-third in past year. Looking to expand in his native India; wants to build steel mills in Jharkhad and Orissa but has not received government approval. Earned $1.1 billion for selling his interest in a Kazakh refinery in December.
No.6 Lawrence Ellison.
Oracle founder’s fortune continues to soar; shares up 70% in past 12 months. Database giant has bought 57 companies in the past five years. Completed $7.4 billion buyout of Sun Microsystems in January; acquired BEA Systems for $8.5 billion in 2008. Studied physics at U. of Chicago; didn’t graduate. Started Oracle 1977; took public a day before Microsoft in 1986.
No.7 Bernard Arnault
Luxury goods, France.
Bling is back, helping fashion icon grab title of richest European as shares of his luxury goods outfit LVMH–maker of Louis Vuitton, Moet & Chandon–surge 57%. LVMH is developing upscale Shanghai commercial property, L’Avenue Shanghai, with Macau billionaire Stanley Ho.
No.8 Eike Batista.
Mining, oil. Brazil.
Vowing to become world’s richest man–and he may be on his way. This year’s biggest gainer added $19.5 billion to his personal balance sheet. Son of Brazil’s revered former mining minister who presided over mining giant Companhia Vale do Rio Doce got his start in gold trading and mining.
No.9 Amancio Ortega.
Fashion retail, Spain.
Style maven lords over Inditex; fashion firm, which operates under several brand names including Zara, Massimo Dutti and Stradivarius, has 4,500 stores in 73 countries including new spots in Mexico and Syria. Set up joint venture with Tata Group subsidiary to enter India in 2010. Betting on Florida real estate: bought Coral Gables office tower that is currently home to Bacardi USA.
No.10 Karl Albrecht.
Supermarkets, Germany.
Owns discount supermarket giant Aldi Sud, one of Germany’s (and Europe’s) dominant grocers. Has 1,000 stores in U.S. across 29 states. Estimated sales: $37 billion. Plans to open New York City store this year. With younger brother, Theo, transformed mother’s corner grocery store into Aldi after World War II. Brothers split ownership in 1961; Karl took the stores in southern Germany, plus the rights to the brand in the U.K., Australia and the U.S. Theo got northern Germany and the rest of Europe.
Top 10 Leading |Biggest Companies in India.
Top 10 India’s Leading Companies
RANK : 1
Company : Reliance Industries
INDUSTRY :Oil & Gas
RANK : 2
Company :State Bank of India Group
INDUSTRY :Banking
RANK : 3
Company : Oil & Natural Gas
INDUSTRY :Oil & Gas
RANK : 4
Company : Icici Bank
INDUSTRY :Banking
RANK : 5
Company : Indian Oil
INDUSTRY :Oil & Gas
RANK : 6
Company :NTPC
INDUSTRY :Utilities
RANK : 7
Company : Tata Steel
INDUSTRY :Materials
RANK : 8
Company : Bharti Airtel
INDUSTRY :Telecomm
RANK : 9
Company : Steel Authority of India
INDUSTRY :Materials
RANK : 10
Company :Larsen & Toubro
RANK : 1
Company : Reliance Industries
INDUSTRY :Oil & Gas
RANK : 2
Company :State Bank of India Group
INDUSTRY :Banking
RANK : 3
Company : Oil & Natural Gas
INDUSTRY :Oil & Gas
RANK : 4
Company : Icici Bank
INDUSTRY :Banking
RANK : 5
Company : Indian Oil
INDUSTRY :Oil & Gas
RANK : 6
Company :NTPC
INDUSTRY :Utilities
RANK : 7
Company : Tata Steel
INDUSTRY :Materials
RANK : 8
Company : Bharti Airtel
INDUSTRY :Telecomm
RANK : 9
Company : Steel Authority of India
INDUSTRY :Materials
RANK : 10
Company :Larsen & Toubro
The world's biggest cruise ship.
People watch the cruiser ‘Celebrity Solstice’ dragged through the watergate of the Meyer Dockyard in Papenburg
She is one of five Solstice ships launching between now and 2012, and can carry nearly 3,000 passengers.And, after thousands of years, landlubbers might be able to escape their phobia of the sea… This cruiser is the first one to boast an authentic grass lawn on its top deck.
Giant: The ship dwarfs the dock as it is tugged out to sea.
Biggest Family in the World.
The man with 39 wives, 94 children and 33 grandchildren
• Ziona Chana lives with all of them in a 100-room mansion
• His wives take it in turns to share his bed
• It takes 30 whole chickens just to make dinner
• He is head of the world’s biggest family – and says he is ‘blessed’ to have his 39 wives.
• Ziona Chana also has 94 children, 14-daughters-in-law and 33 grandchildren.
• They live in a 100-room, four storey house set amidst the hills of Baktwang village in the Indian state of Mizoram, where the wives sleep in giant communal dormitories.
The Ziona family in its entirety with all 181 members
• Ziona Chana lives with all of them in a 100-room mansion
• His wives take it in turns to share his bed
• It takes 30 whole chickens just to make dinner
• He is head of the world’s biggest family – and says he is ‘blessed’ to have his 39 wives.
• Ziona Chana also has 94 children, 14-daughters-in-law and 33 grandchildren.
• They live in a 100-room, four storey house set amidst the hills of Baktwang village in the Indian state of Mizoram, where the wives sleep in giant communal dormitories.
The Ziona family in its entirety with all 181 members
Top 10 Most Populated Countries in the world.
1. China
It has total estimated population of 1,330,141,295.
2. India
It has total estimated population of 1,173,108,018.
3. United States
It has total estimated population of 310,232,863.
4. Indonesia
It has total estimated population of 242,968,342
5. Brazil
Its total population is 201,103,330.
6.Pakistan
Their total estimated population is 177,276,594.
7.Bangladesh
Their estimated population in 2010 was 158,065,841
8.Nigeria
It has estimated population of 152,217,341
9.Russia
It has total estimated population of 139,390,205.
10.Japan
Japan’s total estimated population in 2010 was 126,804,433 and is still increasing gradually.
Wednesday, February 23, 2011
Average Engineer Salary – USA
As most of you are going to USA to pursue masters and earn a fortune as an engineer, ever wondered what an average engineer salary is? Though money is not everything, it is still good to know the average engineer salary for your course or branch as it forms one of the motivating factors to work hard and reach the level.
The average engineer salary varies from branch to branch and more importantly from state to state in the United states of America. Though engineering is not the top most professions, it is still one among the top and the “average engineer salary” is a pretty good figure. Since we cannot discuss engineering salary variation with state, let us analyze the salaries of engineers of the most common majors.
Average Electrical Engineering salary
Electrical engineering, a core engineering field can fetch you a job only if you have strong foundation. A bachelor degree in electrical engineering can fetch you a job that offers salaries in the range of 50000$ to 75000$ while a masters degree salary range is 60000 to 85000 US dollars. Great! Isn’t it?
Average Computer Engineering salary – Software Engineering
I need not say what a software engineer does. The average entry level salary for a sotware engineer, be it BS or MS in computer science engineering ranges from 60000 to 90000 US dollars. One more good thing is, the growth is exceptional compared to other engineering fields. Negative side would be too much competition. The number of software engineers in on a rise and hence the competition and also the job security is comparatively less in most of the companies
Average Mechanical Engineering salary
The average engineer salary for a mechanical engineer doesn’t actually fall in a big range. It is usually 60000 to 65000 dollars. However, the growth is very good and one can reach the mark of lakh dollars within 6 years.
Average Civil engineering salary
The civil engineers, who are basically into construction and other maintainance activities have starting salaries in the range of 45000 to 55000 dollars. However, the figure reaches 60000 in an year.
Average Structure engineering salary
Structure engineering is similar to civil engineering and the salaries also fall under the same line.
This is the average engineer salary in USA for fresh graduates. However, one has to consider the fact that the salary varies with state. The average engineer salary in big cities like New York is usually high compared to the smaller states.
The average engineer salary varies from branch to branch and more importantly from state to state in the United states of America. Though engineering is not the top most professions, it is still one among the top and the “average engineer salary” is a pretty good figure. Since we cannot discuss engineering salary variation with state, let us analyze the salaries of engineers of the most common majors.
Average Electrical Engineering salary
Electrical engineering, a core engineering field can fetch you a job only if you have strong foundation. A bachelor degree in electrical engineering can fetch you a job that offers salaries in the range of 50000$ to 75000$ while a masters degree salary range is 60000 to 85000 US dollars. Great! Isn’t it?
Average Computer Engineering salary – Software Engineering
I need not say what a software engineer does. The average entry level salary for a sotware engineer, be it BS or MS in computer science engineering ranges from 60000 to 90000 US dollars. One more good thing is, the growth is exceptional compared to other engineering fields. Negative side would be too much competition. The number of software engineers in on a rise and hence the competition and also the job security is comparatively less in most of the companies
Average Mechanical Engineering salary
The average engineer salary for a mechanical engineer doesn’t actually fall in a big range. It is usually 60000 to 65000 dollars. However, the growth is very good and one can reach the mark of lakh dollars within 6 years.
Average Civil engineering salary
The civil engineers, who are basically into construction and other maintainance activities have starting salaries in the range of 45000 to 55000 dollars. However, the figure reaches 60000 in an year.
Average Structure engineering salary
Structure engineering is similar to civil engineering and the salaries also fall under the same line.
This is the average engineer salary in USA for fresh graduates. However, one has to consider the fact that the salary varies with state. The average engineer salary in big cities like New York is usually high compared to the smaller states.
TVU students will get chance to relocate: SM Krishna.
The US has assured India that innocent students of the fake Tri Valley University would get an opportunity to "re-adjust" their status or transfer to other US universities, government said today and expressed confidence that all such students would be relocated.
External affairs minister SM Krishna told Parliament that India had asked the US government that students who are themselves victims of fraud, should be given adequate time and opportunity to transfer to other universities.
"While we recognise the right of every government to investigate and prosecute fraud, we have asked the US government that students who are themselves victims of fraud, should be given adequate time and opportunity to transfer to other universities or adjust their status and if they desire, return to India honourably," he said in a suo motu statement in both houses of Parliament.
"Government of India will leave no stone unturned to see that their education prospects do not get adversely affected. I am hopeful our students will be relocated," he told Rajya Sabha while responding to concerns expressed by
members over the fate of the 1,500 students.
He said since the semester exams in US were in progress, it would take some time for relocation of the affected Indian students.
On the GPS devices being tagged to some Indian students by the US agencies, Krishna said it was done as part of investigations.
He said the US authorities have begun progressively removing the radio tags as he mentioned that he himself had spoken to US secretary of state Hillary Clinton about it.
Foreign secretary Nirupama Rao and Indian ambassador to US Meera Shankar are also in touch with US officials.
India expects the US to take steps to prevent such universities from exploiting foreign students, he said, adding the government would also advise Indian students to exercise due diligence while applying to foreign universities.
External affairs minister SM Krishna told Parliament that India had asked the US government that students who are themselves victims of fraud, should be given adequate time and opportunity to transfer to other universities.
"While we recognise the right of every government to investigate and prosecute fraud, we have asked the US government that students who are themselves victims of fraud, should be given adequate time and opportunity to transfer to other universities or adjust their status and if they desire, return to India honourably," he said in a suo motu statement in both houses of Parliament.
"Government of India will leave no stone unturned to see that their education prospects do not get adversely affected. I am hopeful our students will be relocated," he told Rajya Sabha while responding to concerns expressed by
members over the fate of the 1,500 students.
He said since the semester exams in US were in progress, it would take some time for relocation of the affected Indian students.
On the GPS devices being tagged to some Indian students by the US agencies, Krishna said it was done as part of investigations.
He said the US authorities have begun progressively removing the radio tags as he mentioned that he himself had spoken to US secretary of state Hillary Clinton about it.
Foreign secretary Nirupama Rao and Indian ambassador to US Meera Shankar are also in touch with US officials.
India expects the US to take steps to prevent such universities from exploiting foreign students, he said, adding the government would also advise Indian students to exercise due diligence while applying to foreign universities.
STORY OF A TRI VALLEY STUDENT
I just completed my third semester from a so called local engineering college located In a small town in Andhra Pradesh. Now, the time has come to decide my career path. I had 3 options in my mind
- Get a job in Infosys, tcs or wipro – me being a below average student find this to be rather impossible..
- Pursue MS in US – this seems to be the most feasible as there are tons of universities spread across all the states in US and pursuing studies abroad sounds great!
- The worst case- assist my dad in running his kirana store (general store) – I really dint want to do this as it hurts my ego – after all I am going to be engineering graduate
As expected, I attended few off campus drives and failed in the first rounds! Have written GRE and managed to get about 1000 that is good enough for me! My desire to get a job still remained and I arrived at Ameerpet, Hyderabad. Thanks to the recession, I could not get a single job and my skills added to the situation! Now, I have decided to go with my second choice – ms in us. I approached this consultancy – ABS consultancy and paid few thousands to them to suggest me few universities. They gave a list of them and the great Tri valley is one of them. I also got in touch with a guy studying there and he told me that the university is a free zone and provides visa extensions in an easy way! The consultancy also suggested that it is one of the best universities suitable for my profile- wow! What luck!
I told my decision to my dad and he, being just an owner of a general store, arranged funds for fulfilling his loving son’s dream to pursue masters abroad. I know how hard he worked to arrange for the funds and how long it took for him to save this amount and how long it is going to take him to earn back that amount! As I could not get any scholarships or waivers, I had to utilize this money and I was ready to fly after getting an i20 from Tri Valley. I felt proud that I received an I-20 from an American university. I still remember the day I took my flight to USA- I am using all the money my dad has saved till date for something that saves my ego? What a life! Anyways, I will work hard and get a good job in USA and make my dad happy!
After reaching USA, I am so excited, enthusiastic, ablazed and a bit worried too. I resided with the guy whom I met online and he was friendly enough. Days passed by and I noticed few changes in me- started counting money in terms of dollars and weight in terms of pounds. My university is not accredited, I am not sure what course I am doing and I am working in a company as the university granted me CPT- I initially thought I was lucky to get into Tri Valley as I got the CPT so soon! Still, there was always a fear in me that the government will bang me some day or the other.
The black day of my life has come as I imagined: A hard knock on my door and there they were a group of officers who took us to a building and started questioning us. I am just blank and I am not able to understand what’s happening around me. I laughed at the US government and now I am here crying in a place, which is located 1000’s of kilometers away from my loved ones! A GPS system was attached to my leg to make sure that I do no move out! Am I a terrorist who arrived here to destroy the life in USA?
True that the university fooled us and the government of USA but I tell you, it is our mistake too! We know that it is illegal to get a CPT before one year and we are already working under that name. We know that the university is not accredited. We know that we are cheating the USA government. We just understood that things like these work only in India and not in USA. Tri Valley university scam ruined my life and I contributed to that!
- I should have checked for accreditation before deciding my university
- I should have followed all the rules and not accepted the CPT
- I should not have chosen such a third graded university
- I should not have come to USA just for the sake of being here
My sincere advise to my fellow students- please do not come here just for the sake of your status or working here – get good scores and join reputed schools and do check with it a 1000 times before finalizing it – beware of consultancies
Assisting my dad in our General stores seems like heaven to me compared to roaming around this area like a prisoner with a GPS lock stuck to my leg! I am sorry dad- I wasted all our money- I thought of earning a fortune here and clear all our debts and I left you – just tears!
- Get a job in Infosys, tcs or wipro – me being a below average student find this to be rather impossible..
- Pursue MS in US – this seems to be the most feasible as there are tons of universities spread across all the states in US and pursuing studies abroad sounds great!
- The worst case- assist my dad in running his kirana store (general store) – I really dint want to do this as it hurts my ego – after all I am going to be engineering graduate
As expected, I attended few off campus drives and failed in the first rounds! Have written GRE and managed to get about 1000 that is good enough for me! My desire to get a job still remained and I arrived at Ameerpet, Hyderabad. Thanks to the recession, I could not get a single job and my skills added to the situation! Now, I have decided to go with my second choice – ms in us. I approached this consultancy – ABS consultancy and paid few thousands to them to suggest me few universities. They gave a list of them and the great Tri valley is one of them. I also got in touch with a guy studying there and he told me that the university is a free zone and provides visa extensions in an easy way! The consultancy also suggested that it is one of the best universities suitable for my profile- wow! What luck!
I told my decision to my dad and he, being just an owner of a general store, arranged funds for fulfilling his loving son’s dream to pursue masters abroad. I know how hard he worked to arrange for the funds and how long it took for him to save this amount and how long it is going to take him to earn back that amount! As I could not get any scholarships or waivers, I had to utilize this money and I was ready to fly after getting an i20 from Tri Valley. I felt proud that I received an I-20 from an American university. I still remember the day I took my flight to USA- I am using all the money my dad has saved till date for something that saves my ego? What a life! Anyways, I will work hard and get a good job in USA and make my dad happy!
After reaching USA, I am so excited, enthusiastic, ablazed and a bit worried too. I resided with the guy whom I met online and he was friendly enough. Days passed by and I noticed few changes in me- started counting money in terms of dollars and weight in terms of pounds. My university is not accredited, I am not sure what course I am doing and I am working in a company as the university granted me CPT- I initially thought I was lucky to get into Tri Valley as I got the CPT so soon! Still, there was always a fear in me that the government will bang me some day or the other.
The black day of my life has come as I imagined: A hard knock on my door and there they were a group of officers who took us to a building and started questioning us. I am just blank and I am not able to understand what’s happening around me. I laughed at the US government and now I am here crying in a place, which is located 1000’s of kilometers away from my loved ones! A GPS system was attached to my leg to make sure that I do no move out! Am I a terrorist who arrived here to destroy the life in USA?
True that the university fooled us and the government of USA but I tell you, it is our mistake too! We know that it is illegal to get a CPT before one year and we are already working under that name. We know that the university is not accredited. We know that we are cheating the USA government. We just understood that things like these work only in India and not in USA. Tri Valley university scam ruined my life and I contributed to that!
- I should have checked for accreditation before deciding my university
- I should have followed all the rules and not accepted the CPT
- I should not have chosen such a third graded university
- I should not have come to USA just for the sake of being here
My sincere advise to my fellow students- please do not come here just for the sake of your status or working here – get good scores and join reputed schools and do check with it a 1000 times before finalizing it – beware of consultancies
Assisting my dad in our General stores seems like heaven to me compared to roaming around this area like a prisoner with a GPS lock stuck to my leg! I am sorry dad- I wasted all our money- I thought of earning a fortune here and clear all our debts and I left you – just tears!
More Facebook Friends Stress Out
A new Study conducted by Scottish researchers and psychologists at the Edinburgh Napier University Reveals That The more Number of Friends On social Network Especially On Facebook You have,The more Likely To Feel you Are Stressed.
As The number Increases In number Of Friends It will Be Freak you out.
Now a Days It Had Become A quite Common To Have a Minimum of 150 Friends In facebook,As per The Study An Average Facebook Holder Have a minimum of 125 Friends in Facebook And These Figures Simply outmatch With the South Asain Countries Like Indonesia And Malaysia Where The Average numbers May be upto 200.There is Been A Tremendous Increase In the Users of South Asain.
Facebook Has Become A part of Life and It Had Become An Essential Thing of life .Psychologists Believe that those Who Are most Addicted to the Website can Develop "Facebook Anxiety".
It May Be of now wonder to Visit A doctor to counsel To Quit from Facebook Addiction.
The Recent Study Proves How It Is Influenicng and Disturbing our life.
They conducted an online survey component that attracted 175 participants (127 female and 48 male, with a mean age of 30.4 years), which found that:
12 percent of respondents said that Facebook made them feel anxious. Of these, respondents had an average of 117 friends each. The remaining 88 percent of respondents, who said that Facebook did not make them feel anxious, had an average of 75 friends each.
63 percent delayed replying to friend requests.
32 percent said rejecting friend requests led to feelings of guilt and discomfort.
10 percent admitted disliking receiving friend requests.
the Study Revelaed some Facts :Those with more friends are the most likely to be more stressed because they have invested the most time in the site. Other causes of tension include “unfriending” unwanted contacts, the pressure to be inventive and entertaining, using appropriate etiquette for different types of friends, feelings of exclusion, paranoia, as well as envy of others’ lifestyles.This Could Effect Adversly throwing us Into delusions .
Monday, February 7, 2011
2G SPECTRUM SCAM...
There will be severals Q's arising when we see this and mainly are:-
What is 2G speectrum???
2G or second generation wireless telephone technology is a digital network for transmission of voice(calls) and data(sms, internet,etc)
Wireless means that the voice and data are transmitted through electromagnetic radiations.
The 2G spectrum is a band of frequencies, much like a "rainbow" which is a spectrum of light.
DoT(Department of Telecomm) has to ensure the following:-
The government earns revenue from the sale of the spectrum to different cell phone companies.
The spectrum allocation process is equitable,optimum and transparent.
Adequate spectrum is made available.
How the scam has done???
Here the story begins....
A.Raja becomes the UPA telecomm minister(May 2007).
2007 September:-
SWAN Comm, Unitech, Loop and DATACOMM apply for 2G allotments.
(2007 October):-
A.Raja rules out 2G spectrum auction opening ignoring the TRAI's recommendations on the distribution.
2008 January:-
Pan-India fee for spectrum allocations fixed at Rs. 1,658 crore.
2008 April:-
Dot, under A.Raja's charge, circumvents TRAI recommendations to allow for sale of stakes in companies.
These changes in the guideliness would result in huge losses to the Dot and ultimately the INDIAN PUBLIC.
What has happened???
2007 September-October:-
SWAN Telecom sells 45 % of its shares to Etisalat (a UAE company) for aprox Rs. 4,200 crore.SWAN brought it's spectrum licence for a mere Rs. 1,537 crore.
Unitech wireless sold 60% of its shares to telenor(a Norwegian company) for Rs. 6,200 crore. Unitech bought the spectrum licence for a mere Rs. 1,661 crore.
Tata Teleservices sells 26% of its shares to DoCoMo(a Japanese company) for Rs. 13,230 crore.
The total value of stakes later resale in th enine companies that had 2G licences amounted to Rs. 70,022 crore.
For the same licence , the DoT had recieved only Rs. 10,772 crore.
By allowing the resale of stakes, DoT lost more than Rs. 60,000 crore.
Corporations involved:-
Unitech Group.
Swan Telecom.
Loop Mobile.
Videocon Telecommunications Limited.
S Tel.
Reliance Communications.
Sistema Shyam Mobile (MTS) – Sistema Mobile Russia.
Tata Communications.
Vodafone Essar.
Media persons and Lobbyists involved:-
Nira Radia, a former airline entrepeneur turned corporate lobbyist whose conversations with politicians and corporate entities were recorded by the government authorities and leaked creating the Nira Radia tapes controversy
Barkha Dutt, an NDTV journalist alleged to have lobbied for A. Raja's appointment as minister
Vir Sanghvi, a Hindustan Times editor alleged to have edited articles to reduce blame in the Nira Radia tapes.
PETITIONERS:-
Subramaniam Swamy, activist lawyer and politician.
Paranjoy Guha Thakurta, a journalist who was one among the very first to write on the irregularities in the awarding of 2G spectrum allocation by the Telecom Ministry.
Prashant Bhushan, on behalf of the Centre for Public Interest Litigation.
Anil Kumar, on behalf of the civil society organisationTelecom Watchdog
What is 2G speectrum???
2G or second generation wireless telephone technology is a digital network for transmission of voice(calls) and data(sms, internet,etc)
Wireless means that the voice and data are transmitted through electromagnetic radiations.
The 2G spectrum is a band of frequencies, much like a "rainbow" which is a spectrum of light.
DoT(Department of Telecomm) has to ensure the following:-
The government earns revenue from the sale of the spectrum to different cell phone companies.
The spectrum allocation process is equitable,optimum and transparent.
Adequate spectrum is made available.
How the scam has done???
Here the story begins....
A.Raja becomes the UPA telecomm minister(May 2007).
2007 September:-
SWAN Comm, Unitech, Loop and DATACOMM apply for 2G allotments.
(2007 October):-
A.Raja rules out 2G spectrum auction opening ignoring the TRAI's recommendations on the distribution.
2008 January:-
Pan-India fee for spectrum allocations fixed at Rs. 1,658 crore.
2008 April:-
Dot, under A.Raja's charge, circumvents TRAI recommendations to allow for sale of stakes in companies.
These changes in the guideliness would result in huge losses to the Dot and ultimately the INDIAN PUBLIC.
What has happened???
2007 September-October:-
SWAN Telecom sells 45 % of its shares to Etisalat (a UAE company) for aprox Rs. 4,200 crore.SWAN brought it's spectrum licence for a mere Rs. 1,537 crore.
Unitech wireless sold 60% of its shares to telenor(a Norwegian company) for Rs. 6,200 crore. Unitech bought the spectrum licence for a mere Rs. 1,661 crore.
Tata Teleservices sells 26% of its shares to DoCoMo(a Japanese company) for Rs. 13,230 crore.
The total value of stakes later resale in th enine companies that had 2G licences amounted to Rs. 70,022 crore.
For the same licence , the DoT had recieved only Rs. 10,772 crore.
By allowing the resale of stakes, DoT lost more than Rs. 60,000 crore.
Corporations involved:-
Unitech Group.
Swan Telecom.
Loop Mobile.
Videocon Telecommunications Limited.
S Tel.
Reliance Communications.
Sistema Shyam Mobile (MTS) – Sistema Mobile Russia.
Tata Communications.
Vodafone Essar.
Media persons and Lobbyists involved:-
Nira Radia, a former airline entrepeneur turned corporate lobbyist whose conversations with politicians and corporate entities were recorded by the government authorities and leaked creating the Nira Radia tapes controversy
Barkha Dutt, an NDTV journalist alleged to have lobbied for A. Raja's appointment as minister
Vir Sanghvi, a Hindustan Times editor alleged to have edited articles to reduce blame in the Nira Radia tapes.
PETITIONERS:-
Subramaniam Swamy, activist lawyer and politician.
Paranjoy Guha Thakurta, a journalist who was one among the very first to write on the irregularities in the awarding of 2G spectrum allocation by the Telecom Ministry.
Prashant Bhushan, on behalf of the Centre for Public Interest Litigation.
Anil Kumar, on behalf of the civil society organisationTelecom Watchdog
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