Thursday, April 26, 2007

News

India’s $300-billion retail industry is gripped by a new concept discount malls. Top realtors and local retail chains are developing malls in regional boroughs, specifically to sell premium branded goods at prices 30% to 40% cheaper than the maximum retail price (MRP).

Top relators are developing malls to sell premium brands at prices 30-40% cheaper than MRP

At least 50 discount malls are expected to come up in the next two years across the country.





Wednesday, April 18, 2007

NEWS

Life Insurance Corporation of India (LIC) has ended the year with new business premium of Rs 39,541 crore - an increase of 118.6% over the corresponding period last year.

Renamed as Jet Lite, Air Sahara is on a revamp spree. With Shahrukh khan as the brand ambassador, the airline intends to compete with other low-budget airlines.

A continuous buying of funds in technology sector stock today resulted in a 212 point rise in the Sensex in early trade.

Tuesday, April 10, 2007

The people of INDIA

Salary & Govt Concessions for a member of parliment(MP)

Month Salary : 12,000

Expense for consitution per month : 10,000

Office expenditure per month : 14,000

Traveling concession (8 per km) : 48,000 (eg: for visit)

Daily DA TA during parliment meets : 500

1 st class (A/C) (all over india : Free

Rent for MP hostel at Delhi : Free

Electricty costs at home : Free up to at 50,000 units

Local phone call charges : Free up to 1,70,000 calls

Total expences for a MP per Year : 32,00,000

Total expences for 5 years : 1,60,00,000

For 534 MP's the expences for 5 years : 8,54,40,00,000(nearly 855 crores)








Space Journey

Billionaire software programmer Charles Simonyi is set to rocket into space Saturday in a flight to the International Space Station (ISS) that will make him the world's fifth space tourist.

The 58-year-old Simonyi, who was born in Hungary and made his fortune as a pioneer at U.S. software giant Microsoft, will spend 10 days on the station conducting experiments, blogging, and at least part of the time, marvelling at how far he's come.

Simonyi will bring with him a paper ribbon containing a program he wrote on the 1960s Soviet-made Ural-2 computer, as he said, to remind me where it all began.

Monday, April 2, 2007

Welcome


Hai everybody welcome to all blog members
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