Control on choices

I always believe that every man is linked to the threads of his conscious and sub conscious . Destiny is written by man himself, but there is also a undercurrent that works within your realms of what is visible and what is not . This undercurrent can be either followed through intution or instincts .
Every life undergoes trials and tribulation, whether it is mammal , reptile or insects . Understanding this through the eyes of faith or religion . The modus of life is already fixed

Here is what comes handy is the right to "CHOOSE"
Well even if every thing is just written on the wall , or it seems everything is just set still a man always gets the chance to have a preposition . To choose or not to

And there you change the course of lives and destiny, Lives courses and its experiences changes from that moment for ever . And that is why it is said

" MAn is the Architect of his own DESTINY"

Mortgage CRY!!

I love Indian Railways

Why l love Indian Railways...

I travelled through many trains in India and here in US too with all my reflection the diffrence one will always say that Rail services in Developed nation are much better ( neat clean , on time ) but there is something terribly wrong in this whole system... people dont seem to enjoy the journey...

A Platform crowded with stalls of vendors , some vending machine , some police wala passing time with themselves or eating khaini . A red shirt man carrying bags and baggage to the bogies and trail of people following him guiding him .some carts passing by selling some articles, some food items ... on tracks a stray dog sniffing, rats running through the holes and people checking the reservation charts far by ... checking as if its another university result for them ..
This is my Indian Platform .. It may sound really awful for westerners that what the hell theplace is ... As there they have those neat clean stations, where you get electronic tickets, nicely dressesd Guard, ticket checker , automatic doors in trains, Air conditioned compartments , cushioned seats, cleaned compartments.. enough space for people to sit capture one of there liked one..

But IF you see carefully none of the passenger talk to each other... they either pull out there Laptops, novels , magazines.. or a small cake like machine which i find is a boon to this type of society ( IPOD ) they call it ...Well you may say the boon of technology or the bane for human interaction you will find less people interacting except if they are in Group ..
the same notes are given tome by my friends who have travelled across europe

So here we are in this part of the world.. even one person boards the train atleast asks the other passenger " bhaisaab kahaan tak ja rahaye hai "

Well this is missing in the most civilised society .. as they say ...they dont talk to people...
is that what development does to people..

Economics

As the economy progresses we witness the windfall of taxes . In some way or the other the administration wants to get a a pie of what you earn , get or gain.
Recently I read a white paper written by learned professors of some US university . The research was based on rating the countries economy on the standards of people having enough cereals to eat, population control, Birthrate, Fertility rate etc etc.
According to there research its all linked. The research says in Developed economies it is observed the birthrate and death rate are stable and mostly found out that birthrate can descend and death rate too descends . It is commonly fact that in developed economies the health services are much better and the life expectancy is high. But the problem just like what US/UK/Denmark is facing is more and more people of retired age and more is the pressure on pension revenues, state health care system, more pressure on subsidies. I am not stating here that the elderly are too heavy to bear , the idea is indirectly the state bears the pressure and some way increase the taxes.

Developed economy faces this in much later stages in case the population rise is far more than the rate of health care system expansion.
The developed ones are facing the other side of troubles which is taking toll on many state machinery and big corporates we all know about the GM/FORD high rising pension burden stories . taking toll on these companies forcing them to shut many shops.

In some way high taxes in an economy forces people to produce more... earn more... well the fundamentals of this statement is yet to be supported with data but the idea is possible...

it is said that taxes kill business.. but in an ecosystem where taxes are uniform and higher the production and the earning can be pushed to the limits to sustain a living . Any how it is just an idea the pressures of taxes is more visible on developed countries than developing because there is always someway or the other grey area to elope from .
Indian next gen is witnessed to pay higher taxes .. they say it is good to the system , more money flow will generate more employment, better infra...
they are not shy to pay more taxes... this is a surprising fact witnessed here.

Even if India stands low in percapita rice/wheat production in worlds standards but the amount of people involved in its production is higher than many populations of many countries.
and this over engagement on agriculture gives rise to the spillover of employment on other sector for eg. manufacturing and services.This holds good considering the number of people working in developed countries and produce they give on production per acre. the reason here will be given as high class machinery , fine seeds, good fertilisers and pesticides . It holds true but to discuss the labour in this condition is a good idea.. number of people working in agriculture have decreased and gone to other sectors.


this is what will happen in India and so it is not a problem people come to city for jobs this is in fact a good indicator to growing economy.

The NRI trap

We All know India was facing a big brain drain few years back, bright talented people with grit to make good out in their lives and for there family trusting there fortunes get on with there journey to different parts of the world . Each one having some dream in there eyes and wants to have a better life than what was supposed to be in India. With promises most have made a good out of what ever they got.
Our ambassadors are spread across the world mixing, adjusting and suiting themselves to the different cultures.

But as they have left India after some years back home things started to change, India started to explore what it always had in store .Opening of markets, growing middle class. Money chasing all the markets and Industries. Billions of dollars invested from Echelons of the Industries suddenly this country started to shine. Across the world the buzz became louder that this country is going to challenge the world’s biggest economies

In the mist of all the changes in the eyes of the world, our India’s image in many of our NRI’s has not change . Things still remain the same for them, India doesn’t suits there life style, life is cheap in India. Things are so improper problems of corruption, illiteracy , lack of infrastructure, poverty still clings on to like a anaconda.

Its almost a sort of confusion what NRI’s face the place is still the same for many . Those who are looking the brighter picture are even looking for packing there bags back to whre they belong.
The world is chasing the money and opportunity in that part of the world the very own NRI are still lurching on the thought that there is lot of filth and trouble in that place.

The funny part is that the other community and nationality is giving hats of to the engines of India Shining but our those ignorant NRI’s are still on the same thoughts of broken roads, failing electricity systems, lines for kerosene and rations, Corruptions with the havaldars , illegal encroachments etc. and cry for the murders and rapes happening as if there is none, in the other parts of the world . I am not getting critical for the NRI but then it is high time that our real ambassadors change the mindset and see that the juggernaut called INDIA has started to arrive in almost all the platforms resting sports , we need to work more in that .

Effect of pluto

The ruling by the world's top astronomers to boot Pluto from the planet category is sending shock waves through another set of dedicated stargazers: the world of astrologers, who are mulling how this turn of events might affect our moods, our lucky numbers and our chances of getting a date

Well as Pluto is been demoted to a dwarf planet category there are several to join : Xena an asteroid has been discovered which is there in the dwarf category. But many astrologer believe the importance will not go down instead it will provide a new meaning to the Astral charts .

Some believe that the demotion has changed its role in charts now , what all they say is all to themselves because they only understand what it means


About Pluto in your chart :
Pluto supplies the energy for the evolutionary process whereby outmoded or dysfunctional entities are transformed through death and rebirth into new ones higher on the evolutionary path. This outmoded entity is often a part of our ego with which we are identified, and without which we feel we cannot live. If we resist Pluto here instead of surrendering to the necessary ego death and personal transformation, mental illness or even breakdown can occur. Pluto causes the disintegration of psychological blocks obstructing our evolutionary growth. Its energy comes from the core of all things, and is the most intense and potent there is: atomic, nuclear, sexual, kundalini. If we allow the fear of the death of some part of our self to block it’s process, the result can be catastrophic.

Further reading
http://www.timboucher.com/journal/2006/09/03/pluto-in-astrology-what-now/

Financial quotient

Why do the Factories work in low capacity?

The Answer to the question with every layman that why if a factory has a capacity of X units actually operates in under utilization of full capacity i.e. (X-dx) unit

The answer lies in the facts of sales model
It is taken into consideration that Net working capital when calculated in the form of percentage of sales the growth is shown ideal but that is not the case in actual life, There is already some Working capital involved more than required and the Net working capital is calculated by adding that amount already involved added with the percentage of sales

Networking capital=mY (m stands for the percentage factor &Y stands for sales revenue)
Actual Net working Capital =$50+mY

Another factor is when firm operates in full capacity then to show the rise in sales figure gradually it is not possible unless there is new investment on fixed assets like plant and machinery whereas it becomes easier till a point to add sales if the capacity of the plant is under utilized.

After a point for a small increase in sales one has to undergo a investment on the plant and machinery .
In this Till point A to B the plant can show the increase in sales growth without adding the capacity but after the point B it becomes real necessity to increase the capacity utilization

Competing with the customer

In service Industry Competition has taken its own transformation .Today as a Service vendor sells a service the primary concern for the Market aspects rises from Market dynamics, Market size, Number of Players,Market share etc.
There is more to this concern as can be seen as a potential in near future - Customer themselves. There are many things a Person does themselves so that they don't have to return to the vendor and spend more money .
this is a Marketing challenge for many Organisation which are generally into the Third party services , Customer premise services, Maintenance etc. The examples does not just spreads to the realm of household services of plumber, electricians etc . even the Corporate world faces the same .

Actually to be seen in a bigger picture this is not a issue at all it has always been like this , any one who can venture on can " Do it themselves" but then how can this be fought in a market place is a tough ask.
there is no clear bound defined paradigm and periphery under which a " DO it themselves" service can be defined ,but in reality this happens with every one . How can a Basic maintenance Organisation come over with a tactic to curb this tendency . AS Phhyschologically this tendency is natural and happens with every one .
AS a human an activity is tried first and then asked for help .

There are many aspects to this physche but my article will only base this as an assumption that there can be a way out to market a service to Compete with the " DO it themselves" tendency.

India Bets

On the arrival of March 31 there is no more bigger scare to salaried class than the tax saving grind.
Every one goes through this more over every salaried person undergoes the same fright every year that whether the savings enough , whether one will be able to save the tax and keep the govt. goons at bay.So here is another way of looking at this the promotion of savings to be done by each person at the limit of one lakh under which things like - ELSS MF, Edu loans, Infrastructure bonds, PPF, NSC, POST office savings comes in.
Well so most people look for faster way to earn and they look on to Mutual funds where the view is they give bigger returns than instrument mentioned . Flip side is they have there risks but as many are betting on the Indian Economy and running bull market the bet is like promising risk which is too hard to leave by.

AS the growth story goes on and on and many making millions every small investors mainly the salaried class looks into this opportunity .
So her eon a opportunity to bet. Bet on a Fund manager who is running some fund by some Asset management comapny with the likes of HDFC, SBI, ICICI, REliance, Sundaram, ING, Principal , Birla etc.

SO how can Govt. still thinks of banning on betting well they say share market is not betting well it is right in some sane senses but what about insane senses .
Well this is sheer pleasure of betting on the growing story of Indian bull market .

There is ban on betting on Cricket, sports . Ban on playing roulette, poker. But there is no ban on Derby, no ban on lottery and of course betting on some share , some company some person who owns them ..
There is some reasonable explanation done in every legal and illegal activity by every govt. across the world and most have the same funda .

anyhow each of us are onto the same betting on the investment of there hard earned money to give returns some day .. poor Middle class

Ferrari: My Beast.........

Ferrari: My Beast.........

India Winning

Tata Wins Corus

On the Eve of last day of January 2007, Tata finally got hold of Corus at 608 pence per share . Winning against the war against CSN . Well the story is is such a big news in Indian Corporate that one cant stay away from being jubilant about it. Well as a company Tata steel has played a big gamble paying more than what the corus deserved .The Management of Tata steel says it will be reaping benefits in 3 years. Now technically we speak about this than the deal has burn holes in Tata's pockets . They may not be worth that much $11.3 Billion but there name is such that any banker is ready to put bet on them . 100 years of history . The biggest corporate house of India having varied interests in - IT, Telecom, Tea/drinks, Retail, Steel, Automobile, Metals, Components, hotels, Consumer durable, FMCG what not.
9 times the EBITA is the value they paid with ultimately CSN would be laughing its fortune as the company itself is a shareholder in Corus.

But then this is moer to do with pride , I would like to commensurate the courage what RAtan tata showed in getting up to his decision that yes they will buy this. He knew that if tata steel has to do good it is now because seldom such big organisation are put to sale. The golden opportunity to make into big league see as they have climbed to the ranks of being No.5 producer in the world no wonder the deal has done wonders for them.
Tata group time and time have been accused of being complacent, uncle auntie company which has a rusted machinery . Tey are not quick to respond to market like the new age business gurus lf likes of - Bharti, Ambani, Shrinivasan.But see with one deal things have changed in the minds of public. Now TaTa is a new age energy symbol to chalenge the world that yes we are there and we can put our name in the big leagues of the world.


The most promising thing is Tata steel is so indian that every one has the connections with it it has grown within India with Indian minds and labour workind day in day out making the cheapest cost steel in the whole world.Well All news channel came up with the buzz of Brand India has arrived yes we are sure with two or three more such bg deals the world will suddenly wake up that yes this country has lot of money. RIL is looking ahead to bid for GE plastics well if that goes through they also are looking at $10 billion+ investments, already videocon, subex, Ranbaxy, dr. Reddys have done bog ticket acquisitions . And evidently its for sure that more will be coming .

To surprise the world here we come ....

India in the middle of mortgage outsourcing

In a tough business environment, mortgage companies need to think outside the box and ally with outsourcing partners who can provide innovative solutions to leverage the full benefits of global sources.
With the latest Nasscomm report of ‘Mortgage outsourcing to reach $1.1 Billion by 2010 ‘ making Indian shops jump in joy. As with growing competencies within the operations of BPO’s the focus has already gone a paradigm shift from being a non-core service provider to Critical services provider.
There is rise of different process outsourcing in Mortgage domain, which is a luring opportunity for the players across the globe to gear up and grab a pie of this cash rich opportunity. The mortgage lenders in USA, UK and other Developed countries already depend on services of software which is essential mortgage technology starting with Loan origination systems, Mortgage banking solutions, to workflow management systems etc. The need is not just stops there with margins in loans dwindling the cost reduction pressure have triggered outsourcing in big level.

Mortgage outsourcing trends is not just for conventional processes of loan origination, Document preparation, underwriting, collections and settlements but there are discrete processes like title preparation, title searches, flood certifications 1003 data entry with processing, Settlement, HUD preparation, escrow management, lien management and many more
On the parallel side there are trends of virtual loan officers fast catching up, here the employees does the lead generation and completes the 1003 form. The US office conducts the credit checks and offshore professional competes the form and then on they also do the underwriting process and finally sent to US office for final approval.

To support the trend of outsourcing it is believed that when the operating models will mature and gain acceptance, it will have the capacity to help mortgage lenders reduce their costs and improve customer service in better way. This observation can be derived from the contemporary process efficiencies attained by many players such as – Genpact, WNS, IBM – Daksh working in India who are not only writing the rules of the game but also standardizing the models for others to follow. The mortgage lenders may also leverage offshore resources to find new customers and process a major portion of the loans in a low-cost environment.


New horizons…
MISMO the MBA (Mortgage Banking Association) body is pushing hard for the wide spread adoption of Electronic mortgage which we call eMortgage. The great revolution is on the verge that will trigger deeper impacts to the biggest players in the Industry. The rules are going to be same; same scrutiny of documents, same scrutiny of signature, same credit checks and credit score assessment but the operation and approach of these activities will change for the good.
Operations in eMortgage broadly divided as Pre closing, Closing, Post closing, Recording and servicing and the vast opportunity of – smart document tracking, e Packaging, Compliance checking, Underwriting, eVaulting and other closing services making the whole picture of process driven ecosystem; With the gaining adoption of eMortgage these processes are going to be a cause of concern they will make or break the businesses. MISMO has already laid standards to run the processes but the operations of these processes observing synergy is the trick to conquer.
Outsourcing of consulting services are also the upcoming opportunity that is coming to hit the offshore centers the transformation of outsourcing for routine and mundane task is going to pave way for knowledge driven expertise run by KPO’s. The services in demand are Disaster Management, eSecurity, BPM, Electronic quality control, Compliance standards adoption and certification, Staff training and many more
The Landscape
There are many players already servicing to the mortgage outsourcing in India with Tier I comprising of IBM, Genpact, Equinox, WNS, Infosys BPO etc. and Tier II – I Gate. Nirvana, e4e, Global Indecomm, I-seva, Vision net; what is observed is many players are acquiring and expanding their expertise to meet the demand of the Mortgage Industry outsourcing. In the current scenario the bigger players are looking for higher margin business opportunities which they foresee in the form of eMortgage process outsourcing and consulting services but Industry is underdeveloped for such leap of operations, in coming times the Conventional operating processes are expected to bring a new wave in BPO’s. There is going to be surge of investments, with space for every one from large player to midsize and smaller outfits. All can serve this new opportunity of BPO. Bigger lenders will outsource to players who have relevant competencies, expertise and certification this is what triggering the buying spree which has happened in form of Genpact buying moneyline lending services, WNS acquired Arizona based Tucson, I flex buying equinox, Office tiger buying mortgage ramp. The trend visible is, almost all the players are either adding up newer services, Ramping up the operations, increasing servicing lines or building competencies, getting certification, buying licenses otherwise partnering with US based players. It is evident that time to market is everything to grab the opportunity

New Year

Happy new year 2007
As dawn of new year in every part of the world celebration hit like a festival . Today this festival of celebration of new year has made hotel, restraunts, pubs, malls cheer for . With more money in people's pocket lot of splurge in joyous activities all for drinks, dance and less of food . What is night for people going parties is a sleepless night for police . In the middle when clock strikes 12 midnight people raise their roar and start celebrating a policemen stands up on the road just to watch whether drivers are driving properly , is every thing in control
. It is same for all the people who are working in nights but an ordinary question comes to my mind what makes us celebrate 2007 for our country India.

AS i rejoice to my nations growth and prosperity with economy indicating that things will be bigger and better in coming times . I see an army of organisations from different parts of globe investing, starting operations making partners etc. the markets in india are going to catch fire with almost every sector will get a thrust on - telecom ,banking, retail, It, Cement, Real estate, Shipping, Aviation, Automobile . To see the flip side I am scared of a hole which is created by lack of goods . To an extent I am scared of monsoons again and the harvest that will that suffice our needs and farmers pockets as every day I hear one more casuality in farmer families in Bandha( UP), Vidharba it makes me think whether to rejoice 2007 or not.

As I am writing this blog in one corner of Noida (UP) there would be excavatuion going on where few bones of little children will be brought out afer digging some maniac's house and people searching some remains to identify whether they knew those little souls in one corners farmers still fighting for some causes for ther land taken away for a automobile manufacturing unit and in one corner brigades of soldiers fighting with militants to keep this 1 billion sleep in peace. Well This stories happens with many countries and India is no different . With all these heartning stories there are some triumphs too the ideas of microfinance is making lives richer in rural india, Telcom is bringing death of distance, HLL's project shakti is empowering women to come out of the shackels and take charge.

Things are happeneing for the good and all what is required is some simple contribution. Help the poor, do your good work, Keep your city clean , Practise honesty on a brighter note the wish for new year