Sometimes this is the news which comes straight from the horses mouth.
courtesy Karthi
February 18, 2008
What are stock market Tips?
February 4, 2008
Return of Zamindars
I was analyzing Emmar MGF IPO, when I realized this line.
Emmar has 13,024 acres of land of which 80% is agricultural land.
That means that a privately held company had 10,419 Acres of farmland. Now as per my understanding, most states in India have implemented Land reforms. They put a limit of 25 to 40 acres of land that a single individual can hold. The only exceptions to this rule were
a) Plantations. (which needs size to get economies of scale)
b) Privately Held forests (Seizing this land would not have resulted in any benefit to the government, as the only way govt could reuse this land was by cutting down trees. And that does not go really well with the environmentalists.)
Now I know Emmar is just like any other Real Estate development company that has amassed a huge landbank and intends to get it converted to residential/commercial property and develop it. But my question is under what laws was it allowed to purchase such large tracts of agricultural property?
And don’t tell me that the company seized over 10,000 acres of land and is just waiting for the government approval to pour concrete over it. Most of the land must be fertile and the company must be growing some crops/vegetables on it to generate some revenue. If so, isn’t it return of Zamidari System?
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On a lighter note, I liked this cartoon on Premature Ejaculation
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February 1, 2008
How to skip boring meetings?
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A cop stopped a man for speeding. “Sir, are you aware you were doing 80 in a 40 mph zone?”
The man answered, “I have a good excuse, officer: it’s my new sneakers. They were made in China and they’ve turned me into a lead foot!”
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BTW Augustin has forwarded a wonderful ppt describing how Indian Management works.
January 30, 2008
So How difficult is it to create a hit Song
Scott Adams believes that he has an answer, or at least one of the answers.
Dilbert Blog is one of the most if not the most interactive blogs on the net.
The song writing started out by Adams asking the blog readers to write catchy phrases which almost mean something.
A band weeded the response from the readers and based a song with them.
And now we have a video:-
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January 26, 2008
Circle of Life
Ruhi has published a nice flowchart which can solve almost all of the life’s problems.
January 16, 2008
December 24, 2007
December 2, 2007
adult FAQ
What do a Rubix cube and a penis have in common?
The longer you play with them, the harder they get.
What is the difference between a woman and a washing machine?
You can bung your load in a washing machine and it won’t call you a week
later.
How do you make your girlfriend scream while having sex?
Call her and tell her
November 13, 2007
ICICI Bank Cheques
The only way anyone can qualify to be employed at ICICI bank is by proving beyond any substantial doubt that they are insensitive, dimwit morons.
I have been banking for 7 years now, and after fiddling with different banks I can say that: if anybody needs an Ulcer or high blood pressure, then please please go and open an account with ICICI Bank. If you have not lost your temper, felt frustrated or have not given a death threat, then ICICI bank is missing in your life.
The bank tortured me for more than 3 months before they issued me my chequebook/debit card. (This was after I had transferred more than 3 Lakhs into my trading account).
If you intend to call one of their call centers, then please keep the rest of your day free. Firstly, you will be made to listen to a long commercial informing you about different ways to grab your money. Then you would be asked to navigate through a maze of confusing options and any error their would result in being thrown back to square one. After about 20-30 minutes, if you do get a chance to talk to a real person… then the moment you open your mouth, they will say “Sorry, this is a wrong help desk… please chose .. blah blah blah” and before you know you will be back to listening their advertisements and recorded announcements.
If after half an hour or so you do finally are able to get in touch with the right person… then go ahead treat yourself. However, please do not ask them any questions, because those incompetent SoB are not there to help you.
What is triggering this post?
Well on 10th of Oct, I made this big mistake of depositing a high value USD cheque at one of their drop boxes. Being an international financial instrument, the date of issue on the cheque was in standard USA’s month/day/year format (10/01/07) and not in the country’s proprietary day/month/year format. Hence ICICI bank did not forward it to the issuing bank, but returned it to me.
A pardonable mistake… but the only problem was that instead of taking 1-2 days to notify me about this… the bank took 33 days. By this time I not only lost interest on my amount, but also lost more than 5,000/- because the USD weakened and the exchange rates moved in unfavorable direction.
Who should be blamed:
Fool me one, shame on you.. Fool me twice shame on me. 
Inspite of the repeated messages and signs I need to be out of my mind to continue troubling the ICICI Bank with my banking needs.
My mistake. Sorry ICICI bank, I will never trouble you again.
on a lighter note… here is how ICICI call center works
October 30, 2007
dumb or smart?
A young boy enters a barber shop and the barber whispers to his Customer,”
This is the dumbest kid in the world. Watch while I prove it to you.”
The barber puts a five rupee coin in one hand and two one rupee coins (1+1=2) in the other, then calls the boy over and asks, “Which do you want, son?”
The boy takes the two one rupee coins and leaves.
“What did I tell you?” said the barber. “That kid never learns!”
Later, when the customer leaves, he sees the same young boy coming out of the ice cream store. “Hey, son! May I ask you a question?
Why did you take two one rupee coins instead of five rupee coin?”
The boy licked his cone and replied,
“Because THE DAY I TAKE THE FIVE RUPEE COIN, THE GAME IS OVER
Moral:
When you think the other person is dumb, you are making a fool of yourself.
Ankur Aggarwal
sree
Sandip Chaudhuri
vbr
skabeesh