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General Forum: Current 'Affairs' | | Indian stock market plunges to 800 points | |
| /*Uncle's views,on the fate of..
/*can export
Posted by: Mr. Siri Siri At: 5, Jun 2006 10:59:48 AM IST
Keerty,
what do YOU say,apart from posting your uncle's
the fate of India's technological
progress in the areas mentioned below?
The issues I mantioned are of national importnace,important
to ALL the people of our country,irrespective of their caste/creed/language/region.
US attractes the best talent from across the globe and in its Defence/Nuclear/NASA
research labs scients from all over the globe are working to make the US superpower.
US attracts talent from all over the world,it produes rockets/bombers/jets/nuclear reactors
and sells them back to the poor third world countries who have been
fighting among them for petty reasons.While India can exporting annually IITians to US
and software comapnies ,cant it do something to retain the brain power and
make progress in Agriculture(very backbone of our contry)/Defence/Space/Nuclear research?
It can certainly do provided our leaders try to rise above petty politics and think of our nation.
In our democracy everybody can chose his/her occupation of choice
but our national interests must not suffer due to some deficiencies in policy making.
The comment on S/w companies is made with these national
concerns in mind,taking an outside ring view of the situation
in our country in the scientific progress in the fields mentioned above,
.
The same great C.V.Raman would have perished in darkness if had stayed
in India.He could discover the Raman effect using the facilities abroad.
Even now the situation is not different.
Ours is a rich country with poor people,poor research facilities,poor progress,
poor policies.
Think of it.
Posted by: Mr. Siri Siri At: 5, Jun 2006 10:53:37 AM IST
Long live ur uncle....
Posted by: ★Vinåyåkåm★ chitt♥♥r At: 3, Jun 2006 7:37:00 PM IST
M.R.
To explain the importance of that line,I opened another thread in this same section but tp people were probably afraid of backlash (with govt?) and deleted the thread.
Since so many people(so far 3, who are far behind the number of people who understood it,who are ofcorse not invisible to you guys) have rised their fingers at the line,let me explain a bit.
As you know now a days techies from premier institutes like IITs either go abroad or opt for career in software industry due to handsome pay packages offered in this industry,which are not forthcoming either in gov service or in core engg fields.
Due to this "internal brain drain" of engineers to software industry,there is dearth of qualified ,high caliber engineers
in our national research labs and infrastructural projects.We need them in rersearch labs to lead our country to great hights in the field of Defence,Space,and Atomic energy and Agriculture ,just to name a few.Without young talent in these fields we can never hope of producing another C.V.Raman/ Homi Baba/Vikram Sarabhai/Swaminadhan ,just a few names who made India proud and created history of sorts in their respective fields.
Something needs to be done to retain the best talent in these fields so that India does not lag behind the rest of the world.
These concerns are of no concern to many people,but hese are really important concerns.It is definitely not the fault of a particular S/W company to attract the best talet from across the country.(Thats the reason it was half jokingly called that way.Since in reality its effects are felt in our society)
It has something to do with our policy makers.
Posted by: Mr. Siri Siri At: 3, Jun 2006 12:47:02 PM IST
MR gaaru
good information.Thanks
Posted by: Mrs. shaloo At: 2, Jun 2006 8:32:07 PM IST
Excerpts from an article published on rediff long ago, written by Vivek Patil
_____________________________________________
Basics of Sensex
1. "Sensex" is the popular name for the Bombay Stock Exchange Sensitive Index.
2. It is the oldest stock market index currently in use.
3. Sensex is the index of market capitalisation.
4. The base value is 100 on April 1, 1979.
5. Sensex consists of only 30 representative stocks.
6. These 30 are the most active and representative stocks selected from over 6,300 scrips that are listed on the BSE.
7. The total market capitalisation of these 30 stocks accounts for more than 38 per cent of the aggregate market capitalisation of all BSE stocks.
8. The Sensex composition is modified by the BSE authorities at irregular intervals, to keep it in tune with the latest realities of the market.
9. A major reshuffle took place in the Sensex on August 19, 1996, when 15 stocks were replaced.
10. Recently, on April 10, 2000, four stocks were replaced. Satyam Computer, Zee Telefims, Dr. Reddy's Labs, and Reliance Petroleum have been included in place of Indian Hotels, Tata Power, Tata Chemicals and IDBI.
Basics of Sensex calculation
1. Market capitalisation is the market value of equity shares, (i.e. market price multiplied by the number of shares). For instance: if ACC has an equity capital of Rs 1.72 billion with each share having a face value of Rs 10 and its closing price on BSE on April 10, 2000 was Rs 166, then ACC's market capitalisation on that date is 17.234*166/10 = Rs 28.61 billion.
2. Calculate market capitalisation of all 30 Sensex stocks on a particular date in the same manner and add this up to get the total market capitalisation of Sensex stocks.
3. Assume that this total market capitalisation is equal to the closing Sensex value on that particular date. The Sensex of any future date can be calculated as a proportion of market capitalisation applied to this Sensex value.
4. An example below shows that the total market capitalisation on April 10, 2000 was Rs 3,731.38 billion, when the Sensex value was 5442.86. If, the total market capitalisation on April 17, 2000 was Rs 3,346.18 billion, then the Sensex for April 17, 2000 is calculated as:
5442.86 * 334617.19 / 373137.82 = 4880.97
Posted by: Malakpet Rowdy At: 2, Jun 2006 7:10:58 PM IST
Pardon my low IQ, but all I could see was an offensive reference towards Infosys. I dont see any sense of humor in calling it a brothel, even if you mean to refer to the words like 'Body Shopping' and all that ...
That way, as I said, someone can call your home a brothel too and ask you to look at it from a humorous perspective - would you accept it?
Posted by: Malakpet Rowdy At: 2, Jun 2006 6:36:23 PM IST
M.R.
Have you understood anything about it?
Tell me what you have understood.Add some sense of humor and think of it.
A clue: It is a serious as well as a funny statement.People have not quite understood it so far.Some side of it,that is.
Posted by: Mr. Siri Siri At: 2, Jun 2006 4:36:17 PM IST
//...The discussion gone through window.....//
Posted by: Mr. manoopuli At: 2, Jun 2006 4:34:18 PM IST
ayaa siri garu .. today u call Infosys a brothel and tomorrow someome might call your home a brothel .. wherez the end to all this? Naakaitey idi chaalaa anavasaramaina godava anipistondi
Posted by: Malakpet Rowdy At: 2, Jun 2006 4:20:36 PM IST
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