A shocking news about how 55,000 (conservative estimate) blood donors got infected with HIV in a Chinese public-health scandal.
India too has its fair share of public-health scandals esp. the infamous forceful sterilization’s, but none were as grave as this one.
January 19, 2007
55,000 Blood donors affected with HIV
January 18, 2007
Never Mess with Workers
I am not sure whether to call it a work of art or plain vengeance.
January 17, 2007
Lexophile Humor
Another forward worth sharing.
1. A bicycle can’t stand alone; it is two tired.
2. A will is a dead giveaway.
3. Time flies like an arrow; fruit flies like a banana.
4. A backward poet writes inverse.
5. In a democracy, it’s your vote that counts; in feudalism, it’s your Count that votes.
6. A chicken crossing the road: poultry in motion.
7. Pay your exorcist’s bill or you will be repossessed.
8. With her marriage, she got a new name and a dress.
9. Show me a piano falling down a mine shaft and I’ll show you A-flat miner.
10. When a clock is hungry, it goes back four seconds.
11. The guy who fell onto an upholstery machine was fully recovered.
12. A grenade fell onto a kitchen floor in France resulted in linoleum Blownapart.
13. You are stuck with your debt if you can’t budge it.
14. Local Area Network in Australia: The LAN down under.
15. He broke into song because he couldn’t find the key.
16. A calendar’s days are numbered.
17. A lot of money is tainted: ‘Taint yours, ‘taint mine.
18. A boiled egg is hard to beat.
19. He had a photographic memory which was never developed.
20. A plateau is a high form of flattery.
21. The short fortune teller who escaped from prison: a small medium at large.
22. Those who get too big for their britches will be exposed in the end.
23. When you’ve seen one shopping center, you’ve seen a mall.
24. If you jump off a Paris bridge, you are in Seine.
25. When she saw her first strands of gray hair, she thought she’d dye.
26. Bakers trade bread recipes on a knead to know basis.
27. Santa’s helpers are subordinate clauses.
28. Acupuncture: a jab well done.
29. Marathon runners with bad shoes suffer the agony of de feet.
30. It is better to have loved a short woman than never to have loved a tall.
Note: No trees were killed in sending this message, but a large number of electrons were inconvenienced.
Can anyone explain me the meaning of 10th and 11th lines?
January 16, 2007
My Father describing me.
Two men sank into adjacent train seats after a long day at work. One asked the other, “Did your son go back to college yet?”
“Yep. Two days ago.”
“Hmm. Mine’s a senior this year, so it’s almost over. In May, he’ll be an engineer.”
“What’s your son going to be when he gets out of college?”
“At the rate he’s going, he’ll be about thirty.”
“No, I mean what’s he taking in college?”
“Every penny I have.”
“Doesn’t he burn the midnight oil?”
“He doesn’t get in early enough to burn the midnight oil.”
“Surely sending him to college has some benefit?”
“Well, it has cured his mother of bragging about him!”
January 14, 2007
January 12, 2007
Power finance Ltd IPO
Power finance is one of the many power sector public companies which are raising funds via an IPO. This IPO is soon going to be followed with IPOs of Power Grid Corporation, Rural Electrification Corporation and National Hydroelectric Power Corporation.
Details:
Price Band: Rs 73-85
No of shares to be alloted 117.3 million (10.22% stake)
Offer period: 31st Jan- 6th Feb
date of listing: ???
Analysis
Cons: Although the company is categorized in the power sector. It is in the business of Institutional Lending… so rate it like any other bank or NBFC. (non-banking financial corporation)
Hence you should take into account the risk of interest rate fluctuation, Dollar-Rupee exchange rate, NPA, etc.
Pros:
1) Power sector is expected to grow and lots of new projects and expansions are likely in the next 10 years. So the business should also grow.
2) In India most Power Corporations have a long term contract with the government. Hence the cash-flows are quite stable, and hence NPA is low in this sector. Power Finance and other lenders benefit from this scenario.
3) The balance sheet of the company looks very clean. There was consistency in the yoy financial reports and no spurt in the profits/other income which is usually observed for companies cooking up books for the IPO.
I would say, Treat it like any other financial corporation which is ready to benefit from the booming electrification and infrastructure development of the nation.
