Build: 2.4 crore primary healthcare centres. That’s at least 3 for every village, at a cost of Rs 30 lakh each.
Build: 24.1 lakh Kendriya Vidyalayas at a cost of Rs 3.02 crore each, with two sections from Class VI to XII.
Construct: 14.6 crore low-cost houses assuming a cost of Rs 5 lakh a unit.
Set up: 2,703 coal-based power plants of 600 MW each. Each costs Rs 2,700 crore.
Supply: 12 lakh CFL bulbs. That’s enough light for each of India’s 6 lakh villages
Construct: 14.6 lakh km of two-lane highways. That’s a road around India’s perimeter 97 times over.
Clean up: 50 major rivers for the next 121 years, at Rs 1,200 crore a river every year.
Launch: 90 NREGA-style schemes, each worth roughly Rs 81,111 crore.
Announce: 121 more loan waiver schemes. All of them worth Rs 60,000 crore.
Give: Rs 56,000 to every Indian. Even better, give Rs 1.82 lakh to 40 crore Indians living BPL.
Hand out: 60.8 crore Tata Nanos to 60.8 crore people. Or four times as many laptops.
Grow the GDP: The scam money is 27% more than our GDP of Rs 53 lakh crore."
Greed, graft, politics, bribery, dirty money. Just another day in the life of a nation still rated among the most corrupt in the world. Scan the scams that have grabbed headlines, destroyed reputations and left many people poorer.
Saturday, December 25, 2010
Scams Since 1948 - 2005
1, Jeep Purchase (1948) :- Free India's corruption graph begins. V. K. Krishna Menon, then the Indian high commissioner to Britain, bypassed protocol to sign a deal worth Rs 80 lakh with a foreign firm for the purchase of army jeeps. The case was closed in 1955 and soon after Menon joined the Nehru cabinet.
2, Cycle Imports (1951) :- S.A. Venkataraman, then the secretary, ministry of commerce and industry, was jailed for accepting a bribe in lieu of granting a cycle import quota to a company.
3, BHU Funds (1956) :- In one of the first instances of corruption in educational institutions, Benaras Hindu University officials were accused of misappropriation of funds worth Rs 50 lakh.
4, MUNDHRA SCANDAL (1957):- It was the media that first hinted there might be a scam involving the sale of shares to LIC, Feroz Gandhi sources the confidential correspondence between the then Finance Minister T.T. Krishnamachari and his principal finance secretary, and raised a question in Parliament on the sale of 'fraudulent' shares to LIC by a Calcutta-based Marwari businessman named Haridas Mundhra. The then Prime Minister, Jawaharlal Nehru, set up a one-man commission headed by Justice M.C.Chagla to investigate the matter when it becomes evident that there was a prima facie case. Chagla concluded that Mundhra had sold fictitious shares to LIC, thereby defrauding the insurance behemoth to the tune of Rs. 1.25 crore. Mundhra was sentenced to 22 years in prison. The scam also forced the resignation of T.T.Krishnamachari.
6, Teja Loans (1960):- Shipping magnate Jayant Dharma Teja took loans worth Rs 22 crore to establish the Jayanti Shipping Company. In 1960, the authorities discovered that he was actually siphoning off money to his own account, after which Teja fled the country.
7, Kairon Scam (1963):- Pratap Singh Kairon became the first Indian chief minister to be accused of abusing his power for his own benefit and that of his sons and relatives. He quit a year later.
8, Patnaik's Own Goal (1965) :- Orissa Chief Minister Biju Patnaik was forced to resign after it was discovered that he had favoured his privately-held company Kalinga Tubes in awarding a government contract.
9, Maruti Scandal (1974) :- Well before the company was set up, former Prime Minister Indira Gandhi's name came up in the first Maruti scandal, where her son Sanjay Gandhi was favoured with a license to make passenger cars.
10, Solanki Exposé (1992) :- At the World Economic Forum, Madhavsinh Solanki, then the external affairs minister, slipped a letter to his Swiss counterpart asking their government to stop the probe into the Bofors kickbacks. Solanki resigned when India Today broke the story.
11, Kuo Oil Deal (1976):- The Indian Oil Corporation signed an Rs 2.2-crore oil contract with a non-existent firm in Hong Kong and a kickback was given. The petroleum and chemicals minister was directed to make the purchase.
12, Antulay Trust (1981) :- With the exposure of this scandal concerning A.R. Antulay, then the chief minister of Maharashtra, The Indian Express was reborn. Antulay had garnered Rs 30 crore from businesses dependent on state resources like cement and kept the money in a private trust.
13, HDW Commissions (1987) :- HDW, the German submarine maker, was blacklisted after allegations that commissions worth Rs 20 crore had been paid. In 2005, the case was finally closed, in HDW's favour.
14, Bofors Pay-Off (1987) :- A Swedish firm was accused of paying Rs 64 crore to Indian bigwigs, including Rajiv Gandhi, then the prime minister, to secure the purchase of the Bofors gun.
15, St Kitts Forgery (1989) :- An attempt was made to sully V.P. Singh's Mr Clean image by forging documents to allege that he was a beneficiary of his son Ajeya Singh's account in the First Trust Corp. at St Kitts, with a deposit of $21 million.
16, Airbus Scandal (1990) :- Indian Airlines's (IA) signing of the Rs 2,000-crore deal with Airbus instead of Boeing caused a furore following the crash of an A-320. New planes were grounded, causing IA a weekly loss of Rs 2.5 crore.
17, Securities Scam (1992) :- Harshad Mehta manipulated banks to siphon off money and invested the funds in the stock market, leading to a crash. The loss: Rs 5,000 crore.
18, Indian Bank Rip-off (1992) :- Aided by M. Gopalakrishnan, then the chairman of the Indian Bank, borrowers-mostly small corporates and exporters from the south-were lent a total of over Rs 1,300 crore, which they never paid back.
19, Sugar Import (1994) :- As food minister, Kalpnath Rai presided over the import of sugar at a price higher than that of the market, causing a loss of Rs 650 crore to the exchequer. He resigned following the allegations.
20, MS SHOES SCAM (1994) :- Anyone who war old enough in 1994 to read will remember the advertisements- tens of them intriguingly headlined: 'Who is Pawan Sachdeva?' For the record, it was the peak of the public issued-led advertising boom and the ads were created by the Delhi branch of Rediffusion. Sachdeva, the promoter of MS Shoes, allegedly used company funds to buy shares (of his own company) and rig prices, prior to a public issue. He is alleged to have colluded with officials in the Securities Exchange Board of India (SEBI) and SBI Caps, which lead-managed the issue, to dupe the public into investing in his Rs. 699-crore public-***-rights issue. Sachdeva was later acquitted
21, JMM Bribes (1995) :- Jharkhand Mukti Morcha leader Shailendra Mahato testified that he and three party members received bribes of Rs 30 lakh to bail out the P.V. Narasimha Rao government in the 1993 no-confidence motion.
22, In a Pickle (1996) :- Pickle baron Lakhubhai Pathak raised a stink when he accused former Prime Minister P.V. Narasimha Rao and godman Chandraswami of accepting a bribe of Rs 10 lakh from him for securing a paper pulp contract.
23, Telecom Scam (1996) :- Former minister of state for communication Sukh Ram was accused of causing a loss of Rs 1.6 crore to the exchequer by favouring a Hyderabad- based private firm in the purchase of telecom equipment. He, along with two others, was convicted in 2002.
24, Fodder Scam (1996) :- The accountant general's concerns about the withdrawal of excess funds by Bihar's animal husbandry department unveiled a Rs 950-crore scam involving Lalu Prasad Yadav, then the state chief minister. He resigned a year later.
25, Urea Deal (1996) :- C.S. Ramakrishnan, MD, National Fertiliser, and a group of businessmen close to the P.V. Narasimha Rao regime fleeced the government and took Rs 133 crore from the import of two lakh tonne of urea, which was never delivered.
26, Hawala Diaries (1996) :- The scandal surfaced following CBI raids on hawala operators in Delhi in 1991. But it was S.K. Jain's diaries that had heads rolling.
27, CRB SCAM (1997) :- Another scam forged by greed and discovered through accident. Chain Roop Bhansali, a smart-talking entrepreneur, created a pyramid financial empire based on high-cost financing. At its peak, his Rs. 1,000-crore financial conglomerate had in its ranks a mutual fund, a financial services company into fixed deposits, and a merchant bank. That Bhansali knew how to work the system became evident when he also managed to secure a provisional banking license. Then his luck ran out. An executive in the State Bank of India Inadvertently discovered that some interest warrants issued by Bhansali were not backed by cash. The bubble finally burst in May 1997, but by that time investors had lost over Rs. 1,000 crore. This was among the first retail scams in India and it was played out, in smaller avatars, across the country-especially in the South where financial services companies promised returns in excess of 20 per cent and decamped with the principal. Bhansali was arrested for a few weeks and released later on bail.
28, MEHTA'S SECOND COMING (1998) :- The Big Bull returned to the bourses. This time, he allegedly colluded with the promoters of BPL, Videocon International, and Sterile Industries to rig the share prices of these companies. The inevitable collapse happened sooner than planned, Harshad Mehta orchestrated a cover-up operation that included a high=jinks effort by officials of Bombay Stock Exchange to (illegally ) open the trading system in the middle of the night to set things right, but the damage had been done. SEBI finally passed its ruling on the scam in 2001, banning the three companies concerned from tapping the market-BPL, for two years. Mehta was debarred for life form dealing in Securities Appellate Tribunal (SAT) in October 2001
29, VANISHING COMPANIES SCAM (1998) :- A passing remark heard by then Finance Minister Palaniappan Chidambaram resulted in a furore over what was badly-kept secret on Dalal street. Chidambaram was told that hundreds of companies had disappeared after raising moneys form the public. An informal scrutiny revealed that perhaps over 600 companies were missing. Chidambaram ordered a probe by SEBI. The SEBI probe conducted in May 1998 revealed that while many companies are not traded on the bourses at least 80 companies that had rises Rs.330.78 crore were simply missing. Later that year, the Department of Company Affairs (DCA) was asked to probe and penalize these companies. DCA still investigating. Investigations continue to this day.
30, PLANTATION COMPANIES SCAM (1999) :- It was as innovative a swindle as any effected in the world. Savvy entrepreneurs convinced gullible investors that given the right irrigation and fertilizer inputs, teak, strawberries, and anything else that could be grown, would grow anywhere in the country. The promoters could afford to collect money from investors and not worry about retribution (or returns, for that matter). For, plantation companies fell under the purview of neither SEBI nor Reserve Bank of India. Indeed, they didn't even come under the scope of the Department decided to change things in 1999, enough investors had been gulled: 653 companies, between them, had raised Rs. 2,563 crore from investors. To date, not many investors have got their principals back, just another affirmation of the old saying about money not growing on trees.
31, Match Fixing (2000) :- Mohammed Azharuddin, till then India's cricket captain, was accused of match-fixing. He and Ajay Sharma were banned from playing, while Ajay Jadeja and Manoj Prabhakar were suspended for five years.
32, KETAN PAREKH SCAM (2001) :- Ketan Parekh's modus operandi wasn't very different from Harshad Mehta's. If Mehta used banker's receipts, then Parekh used pay orders to ramp up the prices of his favourite scrips (the K-10). Apart from money form the banking system Parekh also rerouted money from corporated like HFCL (Rs. 425 crore), and Zee (Rs. 340 crore) to good effect. He was caught when pay-orders issued by Madhavpura Mercantile Cooperative Bank bounced. Although the total amount involved in the scam was just Rs. 137 crore, the impact was far greater.
Apparently, when a bear cartel sensed Parekh was in trouble, it stepped in and leveraged a dip in the NASDAQ to bear down stock prices. The resultant slump in the markets happened soon after Finance Minister Yashwant Sinha presented what he considered his best budget ever. Under pressure from the government, SEBI investigated the scam and heads began to roll. Among them: the entire management team of BSE, including its president Anand Rathi, CSFB, First Global, and, in an indirect connection, P.S.Subramanyam, the Chairman of UTL Evidently, for the 18 months that PSS was Chairman of UTI, the Trust had mirrored the actions of the bull cartel. The result? When the market tanked, so did the NAV of its holy cow, the US-64.
33, Tehelka Sting (2001) :- Tehelka, an online news portal, used spycams to catch army officers and politicians accepting bribes, in their sting operation called Operation Westend. Investigative journalism turned another corner in the country.
34, Stockmarket Scam (2001) :- The mayhem that wiped off over Rs 1,15,000 crore in the markets in March 2001 was masterminded by the Pentafour bull Ketan Parekh. He was arrested in December 2002 and banned from acccessing the capital market for 14 years.
35, Home Trade Scam (2002) :- Under the pretext of gilt trading, Rs 600 crore was swindled from over 25 cooperative banks in Maharashtra and Gujarat by a Navi Mumbai-based brokerage firm Home Trade. Sanjay Agarwal, CEO of the firm, was arrested in May 2002.
36, Stamp Paper Scam (2003) :- The sheer magnitude of the racket was shocking-it caused a loss of Rs 30,000 crore to the exchequer. Disclosures of the mastermind behind it, Abdul Karim Telgi, implicated top police officers and bureaucrats.
37, Oil-for-Food Scandal (2005) :- K. Natwar Singh was unceremoniously dropped from the Cabinet when his name surfaced in the Volcker Report on the Iraq oil-for-food scam.
2, Cycle Imports (1951) :- S.A. Venkataraman, then the secretary, ministry of commerce and industry, was jailed for accepting a bribe in lieu of granting a cycle import quota to a company.
3, BHU Funds (1956) :- In one of the first instances of corruption in educational institutions, Benaras Hindu University officials were accused of misappropriation of funds worth Rs 50 lakh.
4, MUNDHRA SCANDAL (1957):- It was the media that first hinted there might be a scam involving the sale of shares to LIC, Feroz Gandhi sources the confidential correspondence between the then Finance Minister T.T. Krishnamachari and his principal finance secretary, and raised a question in Parliament on the sale of 'fraudulent' shares to LIC by a Calcutta-based Marwari businessman named Haridas Mundhra. The then Prime Minister, Jawaharlal Nehru, set up a one-man commission headed by Justice M.C.Chagla to investigate the matter when it becomes evident that there was a prima facie case. Chagla concluded that Mundhra had sold fictitious shares to LIC, thereby defrauding the insurance behemoth to the tune of Rs. 1.25 crore. Mundhra was sentenced to 22 years in prison. The scam also forced the resignation of T.T.Krishnamachari.
6, Teja Loans (1960):- Shipping magnate Jayant Dharma Teja took loans worth Rs 22 crore to establish the Jayanti Shipping Company. In 1960, the authorities discovered that he was actually siphoning off money to his own account, after which Teja fled the country.
7, Kairon Scam (1963):- Pratap Singh Kairon became the first Indian chief minister to be accused of abusing his power for his own benefit and that of his sons and relatives. He quit a year later.
8, Patnaik's Own Goal (1965) :- Orissa Chief Minister Biju Patnaik was forced to resign after it was discovered that he had favoured his privately-held company Kalinga Tubes in awarding a government contract.
9, Maruti Scandal (1974) :- Well before the company was set up, former Prime Minister Indira Gandhi's name came up in the first Maruti scandal, where her son Sanjay Gandhi was favoured with a license to make passenger cars.
10, Solanki Exposé (1992) :- At the World Economic Forum, Madhavsinh Solanki, then the external affairs minister, slipped a letter to his Swiss counterpart asking their government to stop the probe into the Bofors kickbacks. Solanki resigned when India Today broke the story.
11, Kuo Oil Deal (1976):- The Indian Oil Corporation signed an Rs 2.2-crore oil contract with a non-existent firm in Hong Kong and a kickback was given. The petroleum and chemicals minister was directed to make the purchase.
12, Antulay Trust (1981) :- With the exposure of this scandal concerning A.R. Antulay, then the chief minister of Maharashtra, The Indian Express was reborn. Antulay had garnered Rs 30 crore from businesses dependent on state resources like cement and kept the money in a private trust.
13, HDW Commissions (1987) :- HDW, the German submarine maker, was blacklisted after allegations that commissions worth Rs 20 crore had been paid. In 2005, the case was finally closed, in HDW's favour.
14, Bofors Pay-Off (1987) :- A Swedish firm was accused of paying Rs 64 crore to Indian bigwigs, including Rajiv Gandhi, then the prime minister, to secure the purchase of the Bofors gun.
15, St Kitts Forgery (1989) :- An attempt was made to sully V.P. Singh's Mr Clean image by forging documents to allege that he was a beneficiary of his son Ajeya Singh's account in the First Trust Corp. at St Kitts, with a deposit of $21 million.
16, Airbus Scandal (1990) :- Indian Airlines's (IA) signing of the Rs 2,000-crore deal with Airbus instead of Boeing caused a furore following the crash of an A-320. New planes were grounded, causing IA a weekly loss of Rs 2.5 crore.
17, Securities Scam (1992) :- Harshad Mehta manipulated banks to siphon off money and invested the funds in the stock market, leading to a crash. The loss: Rs 5,000 crore.
18, Indian Bank Rip-off (1992) :- Aided by M. Gopalakrishnan, then the chairman of the Indian Bank, borrowers-mostly small corporates and exporters from the south-were lent a total of over Rs 1,300 crore, which they never paid back.
19, Sugar Import (1994) :- As food minister, Kalpnath Rai presided over the import of sugar at a price higher than that of the market, causing a loss of Rs 650 crore to the exchequer. He resigned following the allegations.
20, MS SHOES SCAM (1994) :- Anyone who war old enough in 1994 to read will remember the advertisements- tens of them intriguingly headlined: 'Who is Pawan Sachdeva?' For the record, it was the peak of the public issued-led advertising boom and the ads were created by the Delhi branch of Rediffusion. Sachdeva, the promoter of MS Shoes, allegedly used company funds to buy shares (of his own company) and rig prices, prior to a public issue. He is alleged to have colluded with officials in the Securities Exchange Board of India (SEBI) and SBI Caps, which lead-managed the issue, to dupe the public into investing in his Rs. 699-crore public-***-rights issue. Sachdeva was later acquitted
21, JMM Bribes (1995) :- Jharkhand Mukti Morcha leader Shailendra Mahato testified that he and three party members received bribes of Rs 30 lakh to bail out the P.V. Narasimha Rao government in the 1993 no-confidence motion.
22, In a Pickle (1996) :- Pickle baron Lakhubhai Pathak raised a stink when he accused former Prime Minister P.V. Narasimha Rao and godman Chandraswami of accepting a bribe of Rs 10 lakh from him for securing a paper pulp contract.
23, Telecom Scam (1996) :- Former minister of state for communication Sukh Ram was accused of causing a loss of Rs 1.6 crore to the exchequer by favouring a Hyderabad- based private firm in the purchase of telecom equipment. He, along with two others, was convicted in 2002.
24, Fodder Scam (1996) :- The accountant general's concerns about the withdrawal of excess funds by Bihar's animal husbandry department unveiled a Rs 950-crore scam involving Lalu Prasad Yadav, then the state chief minister. He resigned a year later.
25, Urea Deal (1996) :- C.S. Ramakrishnan, MD, National Fertiliser, and a group of businessmen close to the P.V. Narasimha Rao regime fleeced the government and took Rs 133 crore from the import of two lakh tonne of urea, which was never delivered.
26, Hawala Diaries (1996) :- The scandal surfaced following CBI raids on hawala operators in Delhi in 1991. But it was S.K. Jain's diaries that had heads rolling.
27, CRB SCAM (1997) :- Another scam forged by greed and discovered through accident. Chain Roop Bhansali, a smart-talking entrepreneur, created a pyramid financial empire based on high-cost financing. At its peak, his Rs. 1,000-crore financial conglomerate had in its ranks a mutual fund, a financial services company into fixed deposits, and a merchant bank. That Bhansali knew how to work the system became evident when he also managed to secure a provisional banking license. Then his luck ran out. An executive in the State Bank of India Inadvertently discovered that some interest warrants issued by Bhansali were not backed by cash. The bubble finally burst in May 1997, but by that time investors had lost over Rs. 1,000 crore. This was among the first retail scams in India and it was played out, in smaller avatars, across the country-especially in the South where financial services companies promised returns in excess of 20 per cent and decamped with the principal. Bhansali was arrested for a few weeks and released later on bail.
28, MEHTA'S SECOND COMING (1998) :- The Big Bull returned to the bourses. This time, he allegedly colluded with the promoters of BPL, Videocon International, and Sterile Industries to rig the share prices of these companies. The inevitable collapse happened sooner than planned, Harshad Mehta orchestrated a cover-up operation that included a high=jinks effort by officials of Bombay Stock Exchange to (illegally ) open the trading system in the middle of the night to set things right, but the damage had been done. SEBI finally passed its ruling on the scam in 2001, banning the three companies concerned from tapping the market-BPL, for two years. Mehta was debarred for life form dealing in Securities Appellate Tribunal (SAT) in October 2001
29, VANISHING COMPANIES SCAM (1998) :- A passing remark heard by then Finance Minister Palaniappan Chidambaram resulted in a furore over what was badly-kept secret on Dalal street. Chidambaram was told that hundreds of companies had disappeared after raising moneys form the public. An informal scrutiny revealed that perhaps over 600 companies were missing. Chidambaram ordered a probe by SEBI. The SEBI probe conducted in May 1998 revealed that while many companies are not traded on the bourses at least 80 companies that had rises Rs.330.78 crore were simply missing. Later that year, the Department of Company Affairs (DCA) was asked to probe and penalize these companies. DCA still investigating. Investigations continue to this day.
30, PLANTATION COMPANIES SCAM (1999) :- It was as innovative a swindle as any effected in the world. Savvy entrepreneurs convinced gullible investors that given the right irrigation and fertilizer inputs, teak, strawberries, and anything else that could be grown, would grow anywhere in the country. The promoters could afford to collect money from investors and not worry about retribution (or returns, for that matter). For, plantation companies fell under the purview of neither SEBI nor Reserve Bank of India. Indeed, they didn't even come under the scope of the Department decided to change things in 1999, enough investors had been gulled: 653 companies, between them, had raised Rs. 2,563 crore from investors. To date, not many investors have got their principals back, just another affirmation of the old saying about money not growing on trees.
31, Match Fixing (2000) :- Mohammed Azharuddin, till then India's cricket captain, was accused of match-fixing. He and Ajay Sharma were banned from playing, while Ajay Jadeja and Manoj Prabhakar were suspended for five years.
32, KETAN PAREKH SCAM (2001) :- Ketan Parekh's modus operandi wasn't very different from Harshad Mehta's. If Mehta used banker's receipts, then Parekh used pay orders to ramp up the prices of his favourite scrips (the K-10). Apart from money form the banking system Parekh also rerouted money from corporated like HFCL (Rs. 425 crore), and Zee (Rs. 340 crore) to good effect. He was caught when pay-orders issued by Madhavpura Mercantile Cooperative Bank bounced. Although the total amount involved in the scam was just Rs. 137 crore, the impact was far greater.
Apparently, when a bear cartel sensed Parekh was in trouble, it stepped in and leveraged a dip in the NASDAQ to bear down stock prices. The resultant slump in the markets happened soon after Finance Minister Yashwant Sinha presented what he considered his best budget ever. Under pressure from the government, SEBI investigated the scam and heads began to roll. Among them: the entire management team of BSE, including its president Anand Rathi, CSFB, First Global, and, in an indirect connection, P.S.Subramanyam, the Chairman of UTL Evidently, for the 18 months that PSS was Chairman of UTI, the Trust had mirrored the actions of the bull cartel. The result? When the market tanked, so did the NAV of its holy cow, the US-64.
33, Tehelka Sting (2001) :- Tehelka, an online news portal, used spycams to catch army officers and politicians accepting bribes, in their sting operation called Operation Westend. Investigative journalism turned another corner in the country.
34, Stockmarket Scam (2001) :- The mayhem that wiped off over Rs 1,15,000 crore in the markets in March 2001 was masterminded by the Pentafour bull Ketan Parekh. He was arrested in December 2002 and banned from acccessing the capital market for 14 years.
35, Home Trade Scam (2002) :- Under the pretext of gilt trading, Rs 600 crore was swindled from over 25 cooperative banks in Maharashtra and Gujarat by a Navi Mumbai-based brokerage firm Home Trade. Sanjay Agarwal, CEO of the firm, was arrested in May 2002.
36, Stamp Paper Scam (2003) :- The sheer magnitude of the racket was shocking-it caused a loss of Rs 30,000 crore to the exchequer. Disclosures of the mastermind behind it, Abdul Karim Telgi, implicated top police officers and bureaucrats.
37, Oil-for-Food Scandal (2005) :- K. Natwar Singh was unceremoniously dropped from the Cabinet when his name surfaced in the Volcker Report on the Iraq oil-for-food scam.
India's biggest scams
Read as S. No, Person involved in scam, Scam Amount
1, Ramalinga Raju, Rs. 50.4 billion
2, Harshad Mehta, Rs. 40 billion
3, Ketan Parekh, Rs. 10 billion
4, C R Bhansali, Rs. 12 billion
5, Cobbler scam
6, IPO Scam
7, Dinesh Dalmia, Rs. 5.95 billion
8, Abdul Karim Telgi, Rs. 1.71 billion
9, Virendra Rastogi, Rs. 430 million
10, The UTI Scam, Rs. 320 million
11, Uday Goyal, Rs. 2.1 billion
12, Sanjay Agarwal, Rs. 6 billion
13, Dinesh Singhania, Rs. 1.2 billion
1, Ramalinga Raju, Rs. 50.4 billion
2, Harshad Mehta, Rs. 40 billion
3, Ketan Parekh, Rs. 10 billion
4, C R Bhansali, Rs. 12 billion
5, Cobbler scam
6, IPO Scam
7, Dinesh Dalmia, Rs. 5.95 billion
8, Abdul Karim Telgi, Rs. 1.71 billion
9, Virendra Rastogi, Rs. 430 million
10, The UTI Scam, Rs. 320 million
11, Uday Goyal, Rs. 2.1 billion
12, Sanjay Agarwal, Rs. 6 billion
13, Dinesh Singhania, Rs. 1.2 billion
Republic Of Scams
Total Scam Money (approx) Since 1992: Rs. 73000000000000 Cr. (73 Lakh Crore)
1992 -Harshad Mehta securities scam Rs 5,000 cr
1994 -Sugar import scam Rs 650 cr
1995 -Preferential allotment scam Rs 5,000 cr
Yugoslav Dinar scam Rs 400 cr
Meghalaya Forest scam Rs 300 cr
1996: -Fertiliser import scam Rs 1,300 cr
Urea scam Rs 133 cr
Bihar fodder scam Rs 950 cr
1997 -Sukh Ram telecom scam Rs 1,500 cr
SNC Lavalin power project scam Rs 374 cr
Bihar land scandal Rs 400 cr
C.R. Bhansali stock scam Rs 1,200 cr
1998 -Teak plantation swindle Rs 8,000 cr
2001 -UTI scam Rs 4,800 cr
Dinesh Dalmia stock scam Rs 595 cr
Ketan Parekh securities scam Rs 1,250 cr
2002 -Sanjay Agarwal Home Trade scam Rs 600 cr
2003 -Telgi stamp paper scam Rs 172 cr
2005 -IPO-Demat scam Rs 146 cr
Bihar flood relief scam Rs 17 cr
Scorpene submarine scam Rs 18,978 cr
2006 -Punjab's City Centre project scam Rs 1,500 cr,
Taj Corridor scam Rs 175 cr
2008 -Pune billionaire Hassan Ali Khan tax default Rs 50,000 cr
The Satyam scam Rs 10,000 cr
Army ration pilferage scam Rs 5,000 cr
The 2-G spectrum swindle Rs 60,000 cr
State Bank of Saurashtra scam Rs 95 cr
Illegal monies in Swiss banks, as estimated in 2008 Rs 71,00,000 cr
2009: -The Jharkhand medical equipment scam Rs 130 cr
Rice export scam Rs 2,500 cr
Orissa mine scam Rs 7,000 cr
Madhu Koda mining scam Rs 4,000 cr"
1992 -Harshad Mehta securities scam Rs 5,000 cr
1994 -Sugar import scam Rs 650 cr
1995 -Preferential allotment scam Rs 5,000 cr
Yugoslav Dinar scam Rs 400 cr
Meghalaya Forest scam Rs 300 cr
1996: -Fertiliser import scam Rs 1,300 cr
Urea scam Rs 133 cr
Bihar fodder scam Rs 950 cr
1997 -Sukh Ram telecom scam Rs 1,500 cr
SNC Lavalin power project scam Rs 374 cr
Bihar land scandal Rs 400 cr
C.R. Bhansali stock scam Rs 1,200 cr
1998 -Teak plantation swindle Rs 8,000 cr
2001 -UTI scam Rs 4,800 cr
Dinesh Dalmia stock scam Rs 595 cr
Ketan Parekh securities scam Rs 1,250 cr
2002 -Sanjay Agarwal Home Trade scam Rs 600 cr
2003 -Telgi stamp paper scam Rs 172 cr
2005 -IPO-Demat scam Rs 146 cr
Bihar flood relief scam Rs 17 cr
Scorpene submarine scam Rs 18,978 cr
2006 -Punjab's City Centre project scam Rs 1,500 cr,
Taj Corridor scam Rs 175 cr
2008 -Pune billionaire Hassan Ali Khan tax default Rs 50,000 cr
The Satyam scam Rs 10,000 cr
Army ration pilferage scam Rs 5,000 cr
The 2-G spectrum swindle Rs 60,000 cr
State Bank of Saurashtra scam Rs 95 cr
Illegal monies in Swiss banks, as estimated in 2008 Rs 71,00,000 cr
2009: -The Jharkhand medical equipment scam Rs 130 cr
Rice export scam Rs 2,500 cr
Orissa mine scam Rs 7,000 cr
Madhu Koda mining scam Rs 4,000 cr"
Friday, December 17, 2010
Meeting with SK
I met a person yesterday. He joined TCS recently. He is a visiting prof. in one of the University in US. He hailed from financial services background. I am putting his advice in his own words.
"....I am not used to hard working. I do smart working. People ask what is smart working? Spending n number of hours in working is not smart working. I am currently asking the senior management to take half a day off from the routine work and think through the long term plans. This is one example of smart working. People are confused about the two terms responsible and accountable. I can explain the difference with an example. The delivery manager is accountable for the product / service delivery to the customer. But it is the project manager who is responsible. If the product / service delivered is a success it is the project manager along with the team gets praised. However, if anything goes wrong it is the delivery manager who takes all the blame. In the project the Project manager is accountable for the delivery and it is the project lead / module lead / team lead is responsible for the same. For the module it is the module lead who is accountable and the developer is responsible. Hence we must understand what we are responsible for and what we are accountable for. This enables us to work smarter. We must take time out for us and think through our long term plans and work accordingly.
We can read books. The reading habits among the generation Y is reducing. It is ok even if we read a novel. But reading is more important. It will be good if we read any of the management books. Reading triggers our thinking and makes us creative. Creative working will help us to be smarter."
"....I am not used to hard working. I do smart working. People ask what is smart working? Spending n number of hours in working is not smart working. I am currently asking the senior management to take half a day off from the routine work and think through the long term plans. This is one example of smart working. People are confused about the two terms responsible and accountable. I can explain the difference with an example. The delivery manager is accountable for the product / service delivery to the customer. But it is the project manager who is responsible. If the product / service delivered is a success it is the project manager along with the team gets praised. However, if anything goes wrong it is the delivery manager who takes all the blame. In the project the Project manager is accountable for the delivery and it is the project lead / module lead / team lead is responsible for the same. For the module it is the module lead who is accountable and the developer is responsible. Hence we must understand what we are responsible for and what we are accountable for. This enables us to work smarter. We must take time out for us and think through our long term plans and work accordingly.
We can read books. The reading habits among the generation Y is reducing. It is ok even if we read a novel. But reading is more important. It will be good if we read any of the management books. Reading triggers our thinking and makes us creative. Creative working will help us to be smarter."
Friday, September 10, 2010
Remembering my teachers
This month I got an opportunity to read the book of Sudha Murthy Wise and Otherwise. Fortunately on 5th of September I read the chapter related to teachers and Gurukul methodology of teaching. This triggered my thoughts about the teachers who groomed me throughout the student life. I am not able to remember all the teachers. However, I still remember a few.
My first tribute is for a teacher who taught me how to act and dance. She was then from a small town working as a teacher for the KG students. I am not aware of her whereabouts now. I take this opportunity for thanking her for showing me how to lead a lively life.
Next I remember a history teacher. Before I continue further I would like to make a disclaimer that I was not much interested in reading history subjects. He had the natural tendency to grab the attention of students in his class. I consider him as my role model for attracting the students.
Now I want to remember and thank my maths teachers (Kanthimathi, Renganathan, Ramasamy). They molded my analytical thinking and created interest in mathematics.
Lastly Keith Halcro, John Penlington, Siva Sockhalingam, Angela, and Kate Lanka transformed me into a business personality. I thank all my teachers today for all the efforts they invested in developing me as a unique personality.
My first tribute is for a teacher who taught me how to act and dance. She was then from a small town working as a teacher for the KG students. I am not aware of her whereabouts now. I take this opportunity for thanking her for showing me how to lead a lively life.
Next I remember a history teacher. Before I continue further I would like to make a disclaimer that I was not much interested in reading history subjects. He had the natural tendency to grab the attention of students in his class. I consider him as my role model for attracting the students.
Now I want to remember and thank my maths teachers (Kanthimathi, Renganathan, Ramasamy). They molded my analytical thinking and created interest in mathematics.
Lastly Keith Halcro, John Penlington, Siva Sockhalingam, Angela, and Kate Lanka transformed me into a business personality. I thank all my teachers today for all the efforts they invested in developing me as a unique personality.
Friday, June 4, 2010
Valuable Lessons to be Learned from Noah's Ark
ONE: Don't miss the boat.
TWO: Remember that we are all in the same boat.
THREE: Plan ahead. It wasn't raining when Noah built the Ark.
FOUR: Stay fit. When you're 60 years old, someone may ask you to do something really big.
FIVE: Don't listen to critics; just get on with the job that needs to be done.
SIX: Build your future on high ground.
SEVEN: For safety's sake, travel in pairs.
EIGHT: Speed isn't always an advantage. The snails were on board with the cheetahs.
NINE: When you're stressed, float awhile.
Also Remember that the Ark was built by amateurs; the Titanic by professionals.
TWO: Remember that we are all in the same boat.
THREE: Plan ahead. It wasn't raining when Noah built the Ark.
FOUR: Stay fit. When you're 60 years old, someone may ask you to do something really big.
FIVE: Don't listen to critics; just get on with the job that needs to be done.
SIX: Build your future on high ground.
SEVEN: For safety's sake, travel in pairs.
EIGHT: Speed isn't always an advantage. The snails were on board with the cheetahs.
NINE: When you're stressed, float awhile.
Also Remember that the Ark was built by amateurs; the Titanic by professionals.
Saturday, May 8, 2010
About Sundara by his friends
Sundara is friendly towards all the people. He is considered to be clever. He is one of the person I would most like to work with. He is smart and confident. He is considered as flexible and kindest. He is most hard working and talkative. As a person he is most often wrong.
Sundara during initial period of career
Sundara is one of the calmest person. He is serious and critical. Sundara irritates me most often. He is very reserved and talk less.
Wow what a difference between the two. How is it possible to make such a transition? What made him change his attitude and behaviour?
Is this called as change management? Does this mean I am suceeding as an Agent in change management?
Sundara during initial period of career
Sundara is one of the calmest person. He is serious and critical. Sundara irritates me most often. He is very reserved and talk less.
Wow what a difference between the two. How is it possible to make such a transition? What made him change his attitude and behaviour?
Is this called as change management? Does this mean I am suceeding as an Agent in change management?
Saturday, May 1, 2010
Analysts' perspective of Global Economics
US Sub-prime crisis has reached an end now. India Inc is gaining confidence to grow its business to generate profitability and show growth.
Ohhh what a timing for the market. Now sovereign debt crisis is in the market. Already the stock market experienced a rolar-coaster ride this week. The market was weak due to the global economic imbalance caused due to the fear of sovereign crisis. It was expected that the crisis might affect all the countries as almost all the countries rearranged economic situation during sub-prime crisis and provided easy money throughout the period. Now due to this generous spending by govt. it is criticized that there is less money or huge debt piling up with each country.
As a layman it is interpreted that these Analysts are more cynic that they are not able to accept whatever is available in front of their eyes and instead they think of a situation which is expected not to occur. Is this a reaction due to the education they had or is it due to the inability to think long???
Ohhh what a timing for the market. Now sovereign debt crisis is in the market. Already the stock market experienced a rolar-coaster ride this week. The market was weak due to the global economic imbalance caused due to the fear of sovereign crisis. It was expected that the crisis might affect all the countries as almost all the countries rearranged economic situation during sub-prime crisis and provided easy money throughout the period. Now due to this generous spending by govt. it is criticized that there is less money or huge debt piling up with each country.
As a layman it is interpreted that these Analysts are more cynic that they are not able to accept whatever is available in front of their eyes and instead they think of a situation which is expected not to occur. Is this a reaction due to the education they had or is it due to the inability to think long???
Sunday, April 4, 2010
True and worth implementing..
“A poor man had no land and prayed to God for some land. God appeared to him and told him that all that he could cover from dawn to dusk would be his land.
The man set off the next morning without sleeping a wink. Though he had covered enough land to satisfy his needs, very soon, he began to run and run filled with a desire to own more land, more than anyone else.
By dusk he had covered a lot of land. But he fell down dead, exhausted.
Usually this is the story of most of our lives.
Desires that are real and are born out of a genuine need will have their own energy and will sustain them.
However, most of our desires are created out of jealousy and have a negative energy.
When we are not able to bear the excellence of others, we get jealous. Comparison is the seed, jealousy is the fruit.
Comparison and jealousy are actually non-existent. We create such thoughts ourselves and talk endlessly on how to overcome them.
Imagine that the room you are in is dark. Can you remove it if you wanted to?
Can you take it to another room? Of course not.
The reason is that darkness has a negative existence. It does not really exist.
If you bring light into a room, the darkness will at once cease to exist. In the same way, jealousy has a negative existence. You cannot deal with it directly. Even if you tell yourself repeatedly not to feel jealous, you cannot overcome it. If you queue up all the people in the world in an ascending order of money, where would you be?
You will be somewhere in the middle. You will not even be able to count the number of people who are on either side of you in the queue. Now, you will have to decide if you are going to look at the queue in front of you and feel jealous or look at the queue behind and feel relaxed and grateful to God.
Everything is in your hands.
We will never face failure if we live our lives competing with ourselves. Win yourself with yourself, never with others.
Every minute of comparison with others is a waste of time in the path of progress. A great problem in the rat race is that even if you win you are only a rat. To stop comparisons, you need to be aware of your own worth; you need to realise your uniqueness without being proud..”
The man set off the next morning without sleeping a wink. Though he had covered enough land to satisfy his needs, very soon, he began to run and run filled with a desire to own more land, more than anyone else.
By dusk he had covered a lot of land. But he fell down dead, exhausted.
Usually this is the story of most of our lives.
Desires that are real and are born out of a genuine need will have their own energy and will sustain them.
However, most of our desires are created out of jealousy and have a negative energy.
When we are not able to bear the excellence of others, we get jealous. Comparison is the seed, jealousy is the fruit.
Comparison and jealousy are actually non-existent. We create such thoughts ourselves and talk endlessly on how to overcome them.
Imagine that the room you are in is dark. Can you remove it if you wanted to?
Can you take it to another room? Of course not.
The reason is that darkness has a negative existence. It does not really exist.
If you bring light into a room, the darkness will at once cease to exist. In the same way, jealousy has a negative existence. You cannot deal with it directly. Even if you tell yourself repeatedly not to feel jealous, you cannot overcome it. If you queue up all the people in the world in an ascending order of money, where would you be?
You will be somewhere in the middle. You will not even be able to count the number of people who are on either side of you in the queue. Now, you will have to decide if you are going to look at the queue in front of you and feel jealous or look at the queue behind and feel relaxed and grateful to God.
Everything is in your hands.
We will never face failure if we live our lives competing with ourselves. Win yourself with yourself, never with others.
Every minute of comparison with others is a waste of time in the path of progress. A great problem in the rat race is that even if you win you are only a rat. To stop comparisons, you need to be aware of your own worth; you need to realise your uniqueness without being proud..”
Friday, April 2, 2010
Personal growth and team performance
Hey buddy can you upgrade the system available in the xxx server. Yeah sure, I can do that. Nevertheless I am waiting for the go ahead signal from abc. He has sent me the mail already. Can you fwd the mail. You are there in the mail chain. No I am not there in the mail chain. See this is the mail I received (Actually the mail is from somebody else for another activity). Alright I shall do what ever you say (You are not going to listen to me even if I try to explain. You just want to give me some work even if there is no work. You think that I am soo dumb that I will trust your words. Unfortunately I donot trust you because of this behaviour).
Hi mate, there is a P1 issue raised in the server stating that there is an issue created due to the upgrade process we started. Your name comes into picture as we are using your id for the activity. I mentioned that I am waiting for the go ahead from the person abc for this upgrade process. You forced me to do it saying that he sent a mail. Now that a P1 issue was raised whatever activity we did today goes waste. Over and above it creates a negative impression about the team here to others. We could have avoided this situation had we trusted each other atleast professionally. From my past experience with you I understand that you work for your personal growth and give a damn about others. You want to make use of them. Arguable you are not concerned about their personal growth and success. This makes you a below average manager. You might perform better had u been concentrated on developing these skills. Its high time you start looking into this.
Hi mate, there is a P1 issue raised in the server stating that there is an issue created due to the upgrade process we started. Your name comes into picture as we are using your id for the activity. I mentioned that I am waiting for the go ahead from the person abc for this upgrade process. You forced me to do it saying that he sent a mail. Now that a P1 issue was raised whatever activity we did today goes waste. Over and above it creates a negative impression about the team here to others. We could have avoided this situation had we trusted each other atleast professionally. From my past experience with you I understand that you work for your personal growth and give a damn about others. You want to make use of them. Arguable you are not concerned about their personal growth and success. This makes you a below average manager. You might perform better had u been concentrated on developing these skills. Its high time you start looking into this.
Self Confidence By 11 Simple Rules
Self confidence gives us the freedom to commit mistakes and cope with failure without making us feel worthless. If only we have confidence in ourselves, can we gain confidence of others. After all, most people are reluctant to back a project that’s being pitched by someone who is nervous, fumbling and overly apologetic. On the other hand, you might be persuaded by someone who spoke clearly, who held his or her head high, who answered questions assuredly, and who readily admitted when he/she did not know something.
So where do you rate yourself on the scale of 1-10 for your confidence level? Do you think you fall in the low confidence bracket? Here’s some good news for you. And the good news is that self-confidence can be learned and built on.
Let’s start the process of building self-confidence. Remember there is no quick fix solution for it. Nonetheless, practice makes a man perfect. So all you have to do is try and implement the following given tips in your day to day life.
Recognize your insecurities: We all have insecurities in life. It can be anything from acne, to regrets, to friends at school. Giving a name to the things which make you feel unworthy, ashamed or inferior helps to combat them. You can try to pen down your thoughts and you will find that it makes you feel much lighter and happier. Remember that no one is perfect. The man or woman sitting next to you might have the same amount of insecurities as you have. If writing doesn’t come easily to you, you might want to talk it out with your friends or loved ones. Sharing your thoughts will help relieve the burden you have been carrying all alone.
Identify your successes: No matter how insecure you might feel, God has blessed each one of us with some talent. Discover the things you are good at and then focus on improving them. Give yourself permission to take pride in your talents. Give yourself credit for your successes. Inferiority is a state of mind in which you’ve declared yourself a victim. Do not allow yourself to be victimized.
Be thankful for what you have: A lot of the times, at the root of insecurity and lack of confidence is a feeling of not having enough of something, whether it’s emotional validation, good luck, money, etc. By acknowledging and appreciating what you do have, you can combat the feeling of being incomplete and unsatisfied. Finding that inner peace will do wonders for your confidence.
Be positive: Avoid self-pity or sympathy of others. Never allow others to make you feel inferior–they can only do so if you let them. If you continue to loathe and belittle yourself, others are going to do and believe likewise. Instead, speak positively about yourself, about your future, and about your progress. Do not be afraid to project your strengths and qualities to others.
Dress sharp: Although clothes don’t make the man, they certainly affect the way he feels about himself. When you don’t look good, you don’t feel good. It changes the way you carry yourself and interact with people. This doesn’t mean you need to spend a lot on clothes. Rather than buying a bunch of cheap clothes, buy half as many select, high quality items. In long run this decreases spending because expensive clothes wear out less easily and stay in style longer than cheap clothes.
Walk faster: Your gait tells a lot about your personality. Is it slow? Tired? Painful? Or is it energetic and purposeful? People with confidence walk quickly. They have places to go, people to see, and important work to do. You can increase yourself confidence by putting some pep in your step. Walking 25% faster will make to you look and feel more important.
Compliment other people: When we think negatively about ourselves, we often project that feeling on to others in the form of insults and gossip. Refuse to engage in backstabbing gossip and make an effort to compliment those around you. In the process, you’ll become well liked and build self confidence. By looking for the best in others, you indirectly bring out the best in yourself.
Take the front seat: Back benchers might seem to have a lot of fun in schools and colleges but that does nothing to boost their self confidence. Don’t be afraid to get noticed. By deciding to sit in the front row, you can get over your irrational fear of getting noticed and build your self confidence.
Speak up: It’s a general observation that many people are afraid to speak or ask questions in a group discussion or a public gathering. They are afraid that they might be judged for saying something stupid. Generally, people are much more accepting than we imagine. In fact most people are dealing with the exact same fears. By making an effort to speak up at least once in every group discussion, you’ll become a better public speaker, more confident in your own thoughts, and recognized as a leader by your peers.
Work out: A healthy mind resides in a healthy body. If you are fit, you are surrounded by positivity and energy. If you are out of shape you feel unattractive. This leads to demoralization. Just a little discipline in your life can help shape up your self confidence in a big way.
Smile: Last but not the least; try to smile as much as possible. People are always appreciative of a smiling face. You will be welcomed by anyone who comes in your contact. A smiling face is always received with warmth and affection. Acceptance and recognition from others helps in building self confidence.
So where do you rate yourself on the scale of 1-10 for your confidence level? Do you think you fall in the low confidence bracket? Here’s some good news for you. And the good news is that self-confidence can be learned and built on.
Let’s start the process of building self-confidence. Remember there is no quick fix solution for it. Nonetheless, practice makes a man perfect. So all you have to do is try and implement the following given tips in your day to day life.
Recognize your insecurities: We all have insecurities in life. It can be anything from acne, to regrets, to friends at school. Giving a name to the things which make you feel unworthy, ashamed or inferior helps to combat them. You can try to pen down your thoughts and you will find that it makes you feel much lighter and happier. Remember that no one is perfect. The man or woman sitting next to you might have the same amount of insecurities as you have. If writing doesn’t come easily to you, you might want to talk it out with your friends or loved ones. Sharing your thoughts will help relieve the burden you have been carrying all alone.
Identify your successes: No matter how insecure you might feel, God has blessed each one of us with some talent. Discover the things you are good at and then focus on improving them. Give yourself permission to take pride in your talents. Give yourself credit for your successes. Inferiority is a state of mind in which you’ve declared yourself a victim. Do not allow yourself to be victimized.
Be thankful for what you have: A lot of the times, at the root of insecurity and lack of confidence is a feeling of not having enough of something, whether it’s emotional validation, good luck, money, etc. By acknowledging and appreciating what you do have, you can combat the feeling of being incomplete and unsatisfied. Finding that inner peace will do wonders for your confidence.
Be positive: Avoid self-pity or sympathy of others. Never allow others to make you feel inferior–they can only do so if you let them. If you continue to loathe and belittle yourself, others are going to do and believe likewise. Instead, speak positively about yourself, about your future, and about your progress. Do not be afraid to project your strengths and qualities to others.
Dress sharp: Although clothes don’t make the man, they certainly affect the way he feels about himself. When you don’t look good, you don’t feel good. It changes the way you carry yourself and interact with people. This doesn’t mean you need to spend a lot on clothes. Rather than buying a bunch of cheap clothes, buy half as many select, high quality items. In long run this decreases spending because expensive clothes wear out less easily and stay in style longer than cheap clothes.
Walk faster: Your gait tells a lot about your personality. Is it slow? Tired? Painful? Or is it energetic and purposeful? People with confidence walk quickly. They have places to go, people to see, and important work to do. You can increase yourself confidence by putting some pep in your step. Walking 25% faster will make to you look and feel more important.
Compliment other people: When we think negatively about ourselves, we often project that feeling on to others in the form of insults and gossip. Refuse to engage in backstabbing gossip and make an effort to compliment those around you. In the process, you’ll become well liked and build self confidence. By looking for the best in others, you indirectly bring out the best in yourself.
Take the front seat: Back benchers might seem to have a lot of fun in schools and colleges but that does nothing to boost their self confidence. Don’t be afraid to get noticed. By deciding to sit in the front row, you can get over your irrational fear of getting noticed and build your self confidence.
Speak up: It’s a general observation that many people are afraid to speak or ask questions in a group discussion or a public gathering. They are afraid that they might be judged for saying something stupid. Generally, people are much more accepting than we imagine. In fact most people are dealing with the exact same fears. By making an effort to speak up at least once in every group discussion, you’ll become a better public speaker, more confident in your own thoughts, and recognized as a leader by your peers.
Work out: A healthy mind resides in a healthy body. If you are fit, you are surrounded by positivity and energy. If you are out of shape you feel unattractive. This leads to demoralization. Just a little discipline in your life can help shape up your self confidence in a big way.
Smile: Last but not the least; try to smile as much as possible. People are always appreciative of a smiling face. You will be welcomed by anyone who comes in your contact. A smiling face is always received with warmth and affection. Acceptance and recognition from others helps in building self confidence.
Saturday, March 27, 2010
The art of love
The 4 letter magic word has taken me to a new height both in my personal and professional life. I would like to put forth my experience of this magic to the general public.
In my first impression this weapon of LOVE is sharper in nature is to be handled with care. However, with undue care if demonstrated the power, there is no alternative weapon to defeat this.
The basic question that arise in an individual's mind is how to make use of this skill? My first thought is that the art of love starts with developing trust. Once trust is developed the stream of love will start to flow automatically. Another major factor to consider is that there might be clear transparency of thought between the people. It is identified that the psychology of animal behavior reveals that an animal can identify people who are demonstrating true care and affection from those who fake it. The same thing holds true with human beings. The children are using this quality without any training. However, the same kid as it grows tends to deviate from and start to lose focus on this quality. Hence if careful focus is given towards this will improve the art of developing long lasting relationship either in personal and professional life. The same quality is applicable in demonstrating love towards others.
In my first impression this weapon of LOVE is sharper in nature is to be handled with care. However, with undue care if demonstrated the power, there is no alternative weapon to defeat this.
The basic question that arise in an individual's mind is how to make use of this skill? My first thought is that the art of love starts with developing trust. Once trust is developed the stream of love will start to flow automatically. Another major factor to consider is that there might be clear transparency of thought between the people. It is identified that the psychology of animal behavior reveals that an animal can identify people who are demonstrating true care and affection from those who fake it. The same thing holds true with human beings. The children are using this quality without any training. However, the same kid as it grows tends to deviate from and start to lose focus on this quality. Hence if careful focus is given towards this will improve the art of developing long lasting relationship either in personal and professional life. The same quality is applicable in demonstrating love towards others.
Saturday, March 13, 2010
Love @ I sight P2
I meet her for the first time in my life. Though I show myself as normal, I feel the nervousness within me. I strive hard not show it outside. I smile at her and say hello how are you. I replies with a default smile. I was not able to speak to her as we were surrounded by the crowd. I was not interested to screen a free romantic show to the crowd. I just shift myself from one person to another in the crowd and waiting for the right time to speak with her. I waited patiently for a long time. I can feel that the tension within the air oozes out. After some time I feel normal again and gain in confidence. I started cracking jokes with the people to be normal. I just started thinking how will she be feeling in this situation. What will she be thinking about. Will she be having the same feeling like me? Is she waiting patiently as I do to have the first talk? Am I falling in love with her in the first meet? Is this the right sensation I interpret? How am I going to tackle this situation?
Thursday, February 4, 2010
Love at first sight
I enter for the first time into that building. I can feel that my sleepless eyes are expecting some relaxation. I was nou aware that I am going to meet my dream girl in this building. I was gazing randomly as usual. I was taken aback when I heard a sweet voice from behind. I turn to see who called me. There I saw an angel smiling at me and saying hello to me. I felt that I am flying in the air. I shake hand with her and ask her name. Suddenly I feel that the building is collapsing and falling down. I feel heavy weight above me. I open my eyes to see the damage. I realise that I fell down from bed and is holding my pillow over me.
Sunday, January 17, 2010
Solar Eclipse 2010 - Jan 15
The date is now inscribed in the history of natural science as the world experienced the longest solar eclipse of the century. The full eclipse also called as Ring of fire lasted for around 7 min and 31 sec. The previous longest record was 7 min and 29 sec. The eclipse is called as ring of fire as when the full eclipse occured only the outer ring of sun was seen visible from earth which looked as a ring of fire.
I was feeling a sense of pride and anxiety to watch the nature's wonder of the century. I got an opportunity to watch the eclipse with the help of the specialized glasses meant to avoid the dangerous rays that might emanate from sun. As the eclipse started around 11.15 and lasted till 3.30 I was forced to miss my lunch :(. The reason was that people requested me not to consume anything during the eclipse period as the gravitational forces might vary during the period. I am honestly not aware of any change in the gravitational forces. I noted that majority of my friends had late lunch around 4 pm in the evening. I took the picture of the eclipse with the help of the mobile camera. I will try to upload it in the blog.
I was feeling a sense of pride and anxiety to watch the nature's wonder of the century. I got an opportunity to watch the eclipse with the help of the specialized glasses meant to avoid the dangerous rays that might emanate from sun. As the eclipse started around 11.15 and lasted till 3.30 I was forced to miss my lunch :(. The reason was that people requested me not to consume anything during the eclipse period as the gravitational forces might vary during the period. I am honestly not aware of any change in the gravitational forces. I noted that majority of my friends had late lunch around 4 pm in the evening. I took the picture of the eclipse with the help of the mobile camera. I will try to upload it in the blog.
Wednesday, January 13, 2010
I am feeling dejected what can I do? Can I take new responsibility in my personal life? Will I be able to perform my tasks? Will I be able to take more responsibility? Can I survive in this competitive world?
The single mantra for all the questions mentioned above and more similar questions is "Confidence". From my part experience and a keen analysis of other's experience I make the interpretation that a unique kind of core competence is "self confidence". The same will act as competitive advantage when passion to win gets added with it. A confident individual with a passion to win though is not specialised in a specific area will tend to do research in the area. There by the individual can gain theoretical knowledge. With a little effort the same can be converted into practice. However on the other hand a person with more experience and less confidence will likely to ruin the proceedings as there is always a factor of doubt and fear of failure remains as a barrier.
The single mantra for all the questions mentioned above and more similar questions is "Confidence". From my part experience and a keen analysis of other's experience I make the interpretation that a unique kind of core competence is "self confidence". The same will act as competitive advantage when passion to win gets added with it. A confident individual with a passion to win though is not specialised in a specific area will tend to do research in the area. There by the individual can gain theoretical knowledge. With a little effort the same can be converted into practice. However on the other hand a person with more experience and less confidence will likely to ruin the proceedings as there is always a factor of doubt and fear of failure remains as a barrier.
Saturday, January 2, 2010
Ontology and Epistamology of my new year resolution
I wrote my first blog on this new year. The blog is about my new year resolution. After writing the blog I started thinking how I made these resolutions and how am I going to measure them. This thought made me realise the interesting facts about how I made my resolution.
I started the resolution with an apology. This is a typical way to make resolution as per Babylonian tradition. I read once that babylonians start the year with an apology resolution. A similar style is seen with the roman tradition. However, the romans make resolution not to hurt others. Hence, I adopted the style in my new year resolution. Another style is seen with the chinese where they start the year with a clean slate erasing all the old sins. Thus i my next inclusion is to adopt the style. Upon further reading I realised that majority of Indian population wants to perform something that they want to improve in life. This has made me to come up with the final two resolutions.
Now comes the burning question of how will I measure it. Is my resolution goals Simple. My resolutions are 1. not to repeat past mistakes, 2. Respect others, 3. Be organized, 4. Make efficient use of time. Thus I can say that my goals are simple. Can I measure them? ofcourse I can measure them as I know how many times I repeat the past mistakes. How many times I hurt others by not respecting their views. How many times I miss my target. How many times I waste time. Hence, I can measure them. Are they achievable? As the timeline is 365 days to acheive I can definitely achieve them to be a part of my habit. This again shows that I have got a time line which in this case is 365 days. Are they relavant to me? Yes as the goals can improve my habit in both personal and professional life.
I started the resolution with an apology. This is a typical way to make resolution as per Babylonian tradition. I read once that babylonians start the year with an apology resolution. A similar style is seen with the roman tradition. However, the romans make resolution not to hurt others. Hence, I adopted the style in my new year resolution. Another style is seen with the chinese where they start the year with a clean slate erasing all the old sins. Thus i my next inclusion is to adopt the style. Upon further reading I realised that majority of Indian population wants to perform something that they want to improve in life. This has made me to come up with the final two resolutions.
Now comes the burning question of how will I measure it. Is my resolution goals Simple. My resolutions are 1. not to repeat past mistakes, 2. Respect others, 3. Be organized, 4. Make efficient use of time. Thus I can say that my goals are simple. Can I measure them? ofcourse I can measure them as I know how many times I repeat the past mistakes. How many times I hurt others by not respecting their views. How many times I miss my target. How many times I waste time. Hence, I can measure them. Are they achievable? As the timeline is 365 days to acheive I can definitely achieve them to be a part of my habit. This again shows that I have got a time line which in this case is 365 days. Are they relavant to me? Yes as the goals can improve my habit in both personal and professional life.
Friday, January 1, 2010
My new year resolution.
Wish all d readers a very happy new year.
Hope I have started my new year blog with the right note. As a typical human being I would like to start this year with my new year oaths.
To start with I would like to apologies everybody if i had made any mistake in my past life. I would like to come out of my past sins and is willing to start my life in a clear slate. As majority of Indian say I would like to be more organized and make efficient use of my time in this new year. I hope I do not hurt any body. I wanna make others happy n wanna respect the feelings of others. I hope i can follow these resolutions and can make it a habit. I would request sincere help from all to make this resolutions a successful one.
Hope I have started my new year blog with the right note. As a typical human being I would like to start this year with my new year oaths.
To start with I would like to apologies everybody if i had made any mistake in my past life. I would like to come out of my past sins and is willing to start my life in a clear slate. As majority of Indian say I would like to be more organized and make efficient use of my time in this new year. I hope I do not hurt any body. I wanna make others happy n wanna respect the feelings of others. I hope i can follow these resolutions and can make it a habit. I would request sincere help from all to make this resolutions a successful one.
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