illuminating minds

Entrepreneur competition

2007-04-04T10:58:00.000+04:00

Kellogg MBA team won the Sustainable Venture Capital Investment Competition at UNC Kenan Flager.
The teams interacted with real entrepreneurs from real companies to evaluate their business plans for VC funding, and developed a cohesive investment strategy that they pitched to real venture capitalists. Teams were judged on their ability to identify and mitigate risk, VC industry knowledge, application of triple-bottom line frameworks, communication and teamwork.

Who Prints Money???

2007-03-12T09:58:00.000+04:00

This is an interesting question to answer. My sister and myself keep sharing about things we do not know. Money is the only powerful tool for trade and every person uses it for any trading.

Well now the question is who prints the money???

As I'm an Indian, let me tell about the the Indian currency. RBI which the apex monetary authority of India prints the currency, prints money.
The Reserve Bank manages currency in India. The Government, on the advice of the Reserve Bank, decides on the various denominations. The Reserve Bank also co-ordinates with the Government in the designing of bank notes, including the security features. The Reserve Bank estimates the quantity of notes that are likely to be needed denomination-wise and places the indent with the various presses through the Government of India. The Reserve Bank derives its role in currency management on the basis of the Reserve Bank of India Act, 1934.

For more information about look into this site
http://www.rbi.org.in/currency/FAqs.html

Bad CRM

2007-03-12T08:14:00.000+04:00

This is a bad experience which most people experience.

Well I'm working in Bangalore and I approached to a 2 wheeler showroom to buy a scooter.
But the response has been annoying with regard to the RTO procedures.
When will vendors and sellers learn to provide comfort for the customers who actually provide the vendors their bread everyday.

HUH!

Mixed Economy

2006-12-06T08:25:00.000+04:00

Dharavi the largest slum in Asia........
Bollywood - India's richest movie stars dwell........
Poor vs rich

A series of train blasts
Unstoppable help from the city dwellers to their fellow men during these blasts
Cruelty vs Humanity

All this in the same city - MUMBAI
This is not the only city that has such glaring extremes in India.
Many other places in India face such differences.
Now a peep into rural India - it would be a shock to know that the rural conglomerate comprises of 70% of the population of the second higest populated country - India.
The potential that could be tapped out of these markets is immense and unimaginable.

A network created to facilitate commerce between rural and urban India would be unbeatable.
India is undoubtedly a mixed economy.

DNA

2006-11-28T15:24:00.000+04:00

Did you know what is the expansion of DNA - Deoxyribose nuclei acid. It consists of a type of sugar called deoxyribose and the whole of helix is a nuclei acid.
RNA or ribonuclei acid acts as a bridge between the DNA and the proteins.

Nature at its best

2006-11-15T15:15:00.000+04:00

Its amazing to know that there are such amazing places to visit in Karnataka. Jog falls, Sivasamudram falls,Sugriva caves in Hampi, Mysore palace, Bandipur forest and so on..... There 5 National parks and 50 wildlife sancturies.

Nature at its best.

Inspiring Investors

2006-10-27T07:59:00.000+04:00

Today while I was doing my research at office I bumped into many sites related to investments. They sounded very optimistic and represented the current economy.

Warren Buffet and Benjamin Graham who are masters of investment strategies in their own era have always inspired me. Amazing guys .... I have always admired their books and talks.

Buffet made his first investment at the age of 11 in 1930 and his second investment at the age of 13 in 1932 and told his uncle that he would be a millionaire at the age of 30 ....he earned his first million in 1961 when he would have been probably 30/31 years old.... He could predict this not because he had the confidence in the volatality of markets but because he had confidence in himself and the drive to acheive it.

In the preface of the book " The Intelligent Investor" written by Benjamin Graham ( only the preface has been updated by Warren Buffet) - Buffet mentioned that Benjamin was his inspiration to become the king in the stock markets. Buffet shares complete credit for his stock knowledge and investment strategies to the tips provided in this book by Benjamin , which he read at the age of 19....

Well I 'm reading this book now when I'm 20 and I 'm equally inspired by these two men .......who knows I might see my name at the age of 30 or 35 in the millionaire list....well dreaming is an act that's unstoppable and I dream about this.

????!!!! and lots more

2006-10-26T09:00:00.000+04:00

I want this to be a fun filled knowledge center. Anybody reading this should feel chiiled out and when they close the window they should feel they know something new for the day. I believe in balancing knowledge and wisdom....I feel a person who can balance that is next to god....Well I'm trying to accomplish that....when I successfully do it this blog will not exist... I know while reading this u'll feel u r in a black hole...chill I just wanted write something so i'm... hope you have fun while reading this blog.

Phew! I'm done.

Starbust Galaxy

2006-10-26T08:15:00.000+04:00

The images of starbust galaxy- Messier82 obtained by the hubble space telescope show that young stars are being born 10 times faster than they are inside the Milky Way Galaxy. The hot stars not only emit radiations but also particles called stellar wind. These winds combine to form fierce galactic superwind. Many more stars are formed by the reaction caused by the superwind - it compresses gas to form stars and blasts plumes of hot Ionised hydrogen gas.........which settle above and below the galaxy.

I just wonder how many such reactions are taking place and how many stars are taking birth .....while I'm writing this or while you are reading this?
There is so much more to explore.....what an endless journey with the UNIVERSE!

Hyundai- set to improve traffic conditions

2006-10-25T08:40:00.000+04:00

Hyundai is on a spree to act socially responsible. It has DONATED 100 Accent CRDi cars to help the Tamil Nadu government to improve the traffic conditions.

I wonder why this donation is confined regionally .......probably we'll have to wait for it to go national!!!

Entrepreneurs everywhere......

2006-10-24T15:09:00.000+04:00

Energy everywhere........people young at heart and mind are seen overwhelming with energy,passion and knowledge.
This is an inspirational write up triggered by the success stories of the people mentioned in the following link
http://rajatgupta.wordpress.com/2006/08/23/indias-young-entrepreneurs/ .......... They are live examples, to prove the strength and potential of youth.

Its not just the enterprising nature of these guys that is appreciable but the drive to make a living out of their passions which very few human beings can achieve.

Guruji.com - Indian search engine

2006-10-24T11:38:00.000+04:00

IITans pave way to an Indian search engine that is completely indigenous. It has been built to serve to the Hindustan minds (with more relevance). The search clicks published on this search engine may solve the problem faced by most people who bump into unessecary links with less relvance rate.
Anurag and Gaurav have understood the tastes of India but, the challenge is how far will they keep up with the other engines raging with new innovations and expansions........