Finally a convert !!!!!!!!!

I am now into what is called as Joka Management Institute (also called IIM Calcutta) .

The fact that I am into one of the best management institutes would have been impossible without cooperation from my friends, family ,TIME faculty and co - students . Thank you very much for the cooperation.

Thank you guys!!!!! I would like to help you as much as possible in your endeavours.

PS:
IIM Calls : A,C,L,I,K
Converts : C,K,L
WL : I

Who is more punishable?

This blog is with reference to the recent judgement ruling Allister Pereira guilty in a hit and run case back in November 2006.

Pereira was supposedly under the influence of alcohol when he drove his car into the pavement which resulted in 7 deaths and another 8 people getting injured. Let us see what the possible reasons are for this mishap.

1. Drunken Driving

2. More importantly, the fact that those people were sleeping on the pavement.

As Pereira has been given a less than justified punishment of 6 months, we only criticize the police for not investigating properly. Are we missing the bigger picture somewhere?

We always blame somebody for an event and fail to understand why it happens and never take precautionary steps.

Had he not been under the influence of alcohol , but if the brakes of the car had failed he would still have killed those people.

Now let us understand why people sleep on the pavement. They do because they do not have a proper home to sleep. Why people do not have a home to sleep? Because people without a home keep giving birth to children even if they do not have the capability to take of themselves. They have a right to keep themselves hungry. They do not have a right to keep their children hungry. How long will they hope that their lives will get better in the future? Please understand that by giving birth to children more and more they are only worsening their lives. Do you want your children to suffer like you do. First get yourself a decent home that can take care of your needs. Even if you take some 20 years to get that, it is worth it. First make sure you can support your child's basic needs.

You do not have any right do deny children their basic rights citing your economic status. Please do think over it. Do you want your children to sell lottery tickets on roads just because you are not economically sound? Why should your children suffer because you could not control your lust?

Think through and make your lives better

( Sorry if I had hurt any of your sentiments , but I had to say this in this way only )

What a DAY !!!!!!!!

What a day we have had!!!!!!! When I woke up from my bed, a great news was waiting to cheer me. Yes, it is the TATA- CORUS deal. This is the largest deal ever by an Indian company. Strangely Corus is around 4.5 times the size of Tata Steel. Tata Steel is going to pay around $ 11 billion to become the world's 5th largest in terms of steel output. This did not come as easily as said. First Tatas gave a bid in October'06 to buy Corus. When all of us were happy that the deal will go through, there came the Brazilian company Companhia Siderúrgica Nacional (CSN) outbidding Tatas. It led to a round of revisiting of bids by both the companies . Both of them were given Jan 30 as the last date to give their finalised bid. As both the companies were very keen on the acquisition, it was later decided that there will be an auction consisting of 9 rounds. Though nothing much happened in the initial 2 rounds, at the end Tata managed to outbid CSN by 5 pence a share to emerge the winner.

The merger of Arcelor and Mittal steel kickstarted the consolidation in the steel industry, where the market is very fragmented. Even after the Tata-Corus deal, the top 5 companies command only 20% market share. Hence there are possibilities of much more M&A s possible in the coming years.

One more great news to us is the Century scored by Sachin Tendulkar. He shut the mouths of his critics by scoring a hundred of just 76 balls. A huge six over the mid wicket was the image of the day. The ball never returned. Deservingly, Sachin was both man of the match and man of the series. Let us hope that we see Sachin at his prime in the upcoming world cup.

India is proceeding in the right direction. Way to go !!!!!!!!!!! Come on India dhikadho