If people start writing accounts of fraudulent public dealings of Essar group then it will fill volumes. However the media esp the print media has been always silent about them and public continued to get duped. Finally Argo Capital Management ltd has been successful in being able to convince a major daily (Financial Times Global Edition) to print the truth and break this mummm. (The ad was forwarded to me by my dear friend whose name I cannot take because it might conflict with her profession)
In 2006 Essar had went to court against Argo’s Cayman Island Branch. Here is a brief summary about it. So in 2010 Argo is finally having its own sweet revenge.
Prax had a wonderful theory: According to him, Big media houses officially get lucrative pre-placement/private deals. After that they promote these dubious offerings and cash out.
Plagiarized from one of my friend’s status message:
“We say we love flowers, yet we pluck them.
We say we love trees, yet we cut them down.
And people still wonder why some are afraid when told they are loved….”
I don’t know if it is true, whether it is technically and economically feasible. However I like the idea.
AMAZING : Chinese Concept – The train that never stops at a station:
A brilliant new Chinese train innovation – get on & off the bullet train without the train stopping. VERY COOL CONCEPT !
No time is wasted. The bullet train is moving all the time. If there are 30 stations between Beijing and Guangzhou, just stopping and accelerating again at each station will waste both energy and time.
A mere 5 min stop per station (elderly passengers cannot be hurried) will result in a total loss of 5 min x 30 stations or 2.5 hours of train journey time!
How it works (view the movie – in mandarin though!):
1. For those who are boarding the train : The passengers at a station embarks onto to a connector cabin way before the train even arrives at the station. When the train arrives, it will not stop at all. It just slows down to pick up the connector cabin which will move with the train on the roof of the train.
While the train is still moving away from the station, those passengers will board the train from the connector cabin mounted on the train’s roof. After fully unloading all its passengers, the cabin connector cabin will be moved to the back of the train so that the next batch of outgoing passengers who want to alight at the next station will board the connector cabin at the rear of the train roof.
2. For those who are getting off: As stated after fully unloading all its passengers, the cabin connector cabin will be moved to the back of the train so that the next batch of outgoing passengers who want to alight at the next station will board the connector cabin at the rear of the train roof. When the train arrives at the next station, it will simply drop the whole connector cabin at the station itself and leave it behind at the station. The outgoing passengers can take their own time to disembark at the station while the train had already left. At the same time, the train will pick up the incoming embarking passengers on another connector cabin in the front part of the train’s roof. So the train will always drop one connector cabin at the rear of its roof and pick up a new connector cabin in the front part of the train’s roof at each station.
Ankur Aggarwal
sree
Sandip Chaudhuri
vbr
Skabeesh
shobhendrasrivastava
