Financial Crisis

Well frends,

Thought of writing sumthing useful, so came up with the post abt “Financial Crisis”.
I am here to write wat I feel, my way of understanding things…cheer me up by writing ur views.

Financial crisis is a situation wen sum institutions suddenly lose a large part of their value/money. Recently the financial crisis in Us, had shaken the entire world.

I am hearing various terms like recession, inflation…What r all these…what thy exactly mean?? Y the financial crisis in one country is affecting the whole world… Y the rich get richer and the poor get poorer… Is it the right time to buy a house/property? Or should v invest our money in GOLD... (which is considered always as a profitable asset..) Is software industry is stable?? Is it the right time to do an MBA (due to shrinking job market in US and UK)?? Does the financial crisis affect the Real-estates business and Construction industry?? Will financial crisis change the India’s attitude towards MONEY? Is it safe to use credit cards while shopping (Due to bankrupt!!)

Let me start my views on these questions!!

As the financial crisis hit US, there was the downfall in the turnover for most of the companies….Many banks like ICICI (though thy didn’t accept the fact) in India also faced such situation. The case of ICICI is the worst as I saw many ppl standing in long queue withdrawing the entire amount thy deposited.

Due to financial crisis in US, Almost all the countries was affected including India which depends upon US for its software development/Projects….Most of the Software companies get their projects from US.. Many software companies in order to sustain thier profit, they reduced the salary by certain percent and many even gave pink slips (Remove the employess with no reason) to their employee’s.

Let me ask one thing? Is this financial crisis affects Ashiwarya or Big B in spending their money? Is it affecting Sachin Tendulakar or Ambani brothers in any way? They are still spending money lavishly . Mukesh Ambani bought his wife Nita Ambani a Rs. 242 crore Airbus 319 corporate jet as a birthday gift (What she gonna do with that yaar…is she gonna drive it all alone...). Mukesh is probably hoping to give his wife Nita a gift most women can only dream of - a 27-storey mansion. The house is currently under construction and is expected to be ready by next year. Next year I ll suggest Mukesh to buy a country and name it Nitaland!!! Sounds very silly na!!!!

Then it makes me to ask whether software industry is stable or not? Cost-cutting by companies is the most famous term that u can come across any paper. Cost cutting in terms of giving Pink slips, no hike in salary, reduction in wages to certain percent, no extra allowances like medical, travel etc. were the steps taken by the companies.

Placement cell is affected vigorously… Still companies like Wipro have not called up the students whom they recruited recently.

Nowadays MBA students are facing a bizarre job scenario. Though MBA degree is a long term value addition to one’s resume and will not lose its value at any cost. My question is “ Is this the right time to do an MBA from reputed foreign university? A shrinkage job market in the US & UK, bad education loans, increased rate of interest, rupee depreciation, rising cost of living abroad are the reasons which makes ppl to think twice before flying abroad.

Finding Answers to rest of the Questions!!!! Meanwhile Knowledge shared is like knowledge gained!!! So start sharing it!!!!

Life @ pondicherry - Part II

I think v the beach-deprived people from Bangalore definitely need to drive down once in a while (about 6-7 hours) to enjoy the beautiful beaches.
After Beach, soon which comes to my mind is SHOPPING…which I luv to do…Outing with my friends is one of my all-time favorite activity!!

Pondicherry consists of parallel and perpendicular streets without zigzag turns. So even if u get lost, u can find out the way!! That’s the specialty of Pondicherry!! Ranging from Raymond shop to platform sellers, from Pizza corner to road side hotels...from Grocery shop like Nilgiris to Vegetable/ Fish markets….all comes within the four corners of Pondicherry.

Most ppl park their vehicles at one place and shop till they drop. During festivals, you can see hundreds of heads in the Central shopping area and also in beach…Being a civil engineer, I admire the infrastructure development of Pondicherry...You can ask me wat attracted me? The Beaches, Ashrams, Temples, Parks, Petrol banks, Bank branches, ATM centers, Markets, Food courts, Shopping Malls, Recreational Centers, Large to small accessories….everything can be reached by feet.

We gals from hostel take the list of our one month needs, shop from 3 pm to 9pm (though our intime is 8.30 pm)…Coming late to hostel is always a thrill for US…lol...

While saying abt shopping, important point which I should mention is COST…of course u won’t get the fashionable, modernable as u get in big cities like Bangalore, but still wide varieties can be seen within your budget…

Even now, my mom whenever I go to Pondicherry, gives me a BIG (quite a big yar..) list which includes cashews, groundnuts, oils, other grocery items, Incent sticks frm Aurobindo Ashram, decorative items from platforms and it goes on and on….

A must see place in Pondicherry is Auroville - which is about half an hour’s drive away. Auroville was built by a French lady now known as the ‘Mother,’ a disciple of Sri Aurobindo.

As soon as you enter, you ll be welcomed by wide variety of plants and flowers…The samathi is decorated everyday with rainbow colors of flowers…. (I always wonder how they arrange it daily awesomely) you can always find the pin drop of silence there.

While you come out, I am sure you feel that u r relieved of stress and tension and you gain the confidence to face the problem with courage. Your mind is freed now. You feel as if you have got the POWER to WIN!!!

I never missed a chance of going to ashram at least once in a month. What a calm serenity…Its really HEAVEN IN EARTH!!!

Outside people can also stay in ashram’s guest house which is located in a serene atmosphere, just opposite the beach. The rooms were names after various English words such as Passion, Serene, Love etc.

Then comes the Auroville - A universal town which wants to be a place where men and women of all countries live in peace and progressive harmony, above all creeds, all politics and all nationalities. The purpose of Auroville is to realize human unity.

It is also called as Matrimandir. It has been beautifully planned and constructed (Civil Engineers are indeed builders to the nation… just like me...Lol). It also has its solar power plant and is surrounded by manicured gardens.
When there is no sun or after the sunset, the sunray on the globe is replaced by beam from a solar powered light.

With this, let me give full stop to this post. By now you would have got the desire to land in Pondicherry. What 4 waiting... Start booking Tickets. Happy journey!!!

Life @ Pondicherry - Part I

Hai frends!!
I am just bak with an interesting post… (I am sorry for not postin last week...i was spending time with my dad who has come home for GJ holidays...)
So frends...Tis week I thought to put some spotlight on “My life in Pondicherry” short as “Pondy”….presently as “Puducherry”...huh this name sucks na…

Well wat comes to my mind wen I hear the name “Pondicherry” is… native place…the place which has taken care of me for the past 21 yrs…I did my schooling and college there…From my childhood days, I always saw a stead-fast development in the city just like in myself…hahahha

The place which has taught me Folk dance (includes my first-stage performance), Classical Music ( Sa re Ga Ma Pa Tha Ne Saa) and took certain hindi classes for me( kya aapko hindi maalum hai?)…,finally gave certification in typewriting and AutoCAD.. All glory to Pondicherry..!!! Till my 7th std, I was just my mom’s kid..not knowing of places, not even the streets or road’s name…Later on , It was wen I joined CLUNY School, slowly I started to discover the already discovered Pondicherry with my skool was from my college 2nd yr, the year I joined hostel..Leavin behind my parents in b’lore...My discovery’s was at peak...

To start with, Pondicherry has a lovely beach that stretches with no ends… the sea crashing onto the rocks is such a beautiful sight!!Clean roads, a small parapet wall, sitting benches and recently constructed small bamboo tents for ppl 4 chit-chats…all make the beach an enjoyable place to visit. In short u’ll fall in love with Pondicherry beach at very first-sight..!!!
I have gone to beach many times with my hostel buddies and my group in class. I never hesitate to travel from kalapet (almost 8-9 kms away from town..!!) to beach..For most of us Gandhi statue is an attraction in the beach and it is our gathering place. There will b always one exhibition or the other selling all girlish items…. I luv to do shoppin over there!!!

With just 20 to 40 bucks, we can leave with our stomach full..I ve never left the beach without having at least a choco-bar (forgive me mom for not telling u!!!)…Low-cost snacks like mango slices with spicy powder, yummy potato chips, all chat items, mouth-watering icecreams rangin from kutch-ice ( in fact one of my close frends nick name is also kutch-ice oly..tats is a different story..) to choco-bar.., sliced and salty cucumber, samosas, panchu muttai , sundal with small bytes of raw mango ( of course, lover’s special..Lol) all kinda’s of bajjis to bonda’s served vid spicy chill-sauce….hmmmmm…isn’t ur tongue watering now..
One of my visits to beach with lavi, mano, reva, sriji, jyothi and dathi was the most treasured one...

We group of 9 gals in my class bunked classes and went to kalapet beach and also with hostel buddies I had gone to Auroville beach where v had (also DID..!!) lots of lotties…

Along ECR road also, we can see the wide spread Bay of Bengal. One day I and padma went a ride in a friend’s scooty in the full stretch of ECR road…Indeed an unforgettable ride!!
All range of hotels can be seen near the coastal area. And the most attracted one among ppl is Promenade which is a luxury 5STAR hotel. Do u no what was my b day gift frm my brother?? I can treat my friends in any hotel for the bill worth 1500 bucks!!! I was really flyin high on the eve of 4th Nov. I informed lavi and arundhathi and and atlast v decided @ midn9 to taste in Promenade!! we were amazed to see the interiors..We ate nicely for 1200 bucks. There is a 50-50 story behind tis, lavi and dathi will burst out in laughter wenever v remember 50-50( Ask me in person!!)

During my last visit (august 08), myself and padhu walked from one end to the other talking abt everything under the sky from 6.30 to 8.30 pm..!! we reached home late by 9 pm!!! It was one of my memorable moments in life...

Memories continue till next post…till then WAIT & WATCH!!!

Add “ICE” n ur Mob Phone

Important Information to all my buddies!!!!

Isn't it true that we all carry our mobile phones with hundreds of names/numbers stored in its memory but yet nobody other than ourselves, know which of these numbers belong to our near and dear ones?

Let us think of a scenario wherein;

We are involved in an accident or had a heart attack and the people attending us got hold of our mobile phone but don't know which number to call to inform our friends or family members. Yes, there are hundreds of numbers stored but which one is the contact person in case of an emergency?

For this reason, we must have one or more telephone numbers stored under the name ICE (In case of Emergency) in our mobile phones.

Read below for more details......

"ICE" Campaign

Recently, the concept of "ICE" is catching up quickly. It is simple, an important method to contact during emergency situations.

As most of us carry a mobile phone, all we need to do is store the number of a person who should be contacted during emergency as "ICE" (meaning In Case of Emergency).

In an emergency situation, Emergency Service personnel and hospital staff or any one on the site would be able to quickly contact your next of kin, by simply dialling the number stored as "ICE".

Please pass on this information. This might help some one or our self !

For more than one contact name simply enter ICE-1, ICE-2 and ICE-3 etc.

Let's spread the concept of ICE by storing an ICE number in our mobile phones today!
Remember: ICE: means In Case of Emergency.

This is very simple to do and very useful