New business Hub Jammu and Kashmir

As Indian government approve the Rs 10Billion budget for the employment generation for five year in Jammu and Kashmir.

As per stats is concern the J&K again become a peaceful place in addition to some local political issue but it's really not going to affect there development.

Bascally, Kashmir is heaven on The earth. There are all beauties like lakes, gardens, climate and environment.

This place will be grow for the Tourism and Education. But it really needs a lot of local support otherwise this can be only the bubble.

Recession increase the chance to grow Dubai again

Recession is over..

Now the all the world is gaining confidence to grow again...

As the international politics and business reason Dubai got confidence grow because of the following reason:

1. it's center point of the European country, Africa and Far East.

2. It's middle east based and safe country for the all the middle east and europe.

3. world class standard.

4. Costly but good place.

5. safe.

6. best place for the air connectivity.

etc this is the place having good relation with all the country..

Fundamentals of project Management

Going back to the original question "What are the Fundamentals of Project Management?". It is my opinion that the top-liners should be:

General Management - day to day stuff

Financial - estimating, forecasting and budgeting

Monitoring & Control - risks, issues and planning

Organisation - everyone from the Board of Directors downwards

Resources - mainly the team and anyone brought in to assist, advise or consult

Communication - anyone and everyone affected by the project

Managing Relationships - team, stakeholders, suppliers and internals

Reporting - up, down and sideways

Business Boom and Investment started

Daily when i started read business news and find every company started to invest. It's really good time for the all who deeply involved in world progress.

Now a day's we have to keep in mind all the facts by which we lost and face big recession specially the US and European country.

Now strategically planning and keep all the worst facts in mind that anything happen rather than the all time good.

There are some facts about the recent data only Indian and Chinease Economy is really play decision making role in coming time..

Recession Over

Business news and Classified booming there no. of pages are increasing.

same Job sites are updating the profile people are getting call from employer.

now really recession over.

it's just a time after storm and twister.

really before one year till march everything was unpredictable. now everything is changing..

things are moving.

people are spending money,,

now really recession is over...\\

before going to invest be careful.. dont forget the concept of Warren Buffet...

more serious trouble with the unfolding Dubai debt crisis, analysts

one country have many more good plan every day and people feels that it is going to face serious problem..

some new plan launch by Dubai :
Dubai to introduce 900km of cycling lanes
Dubai to open seven new parks
UAE National Day: Preparations in full swing

except this there are many more. during my stay in UAE i am intracting a lot of people from various region every body feel to live in Dubai and UAE becuse of the Rules and regulation, No fear for life, world class living standard...

Dubai is only facing very short term problem but very soon it will recover and become one of the strong place in the world after

Dubai Vision: Strong determination and Gloabl Vision

In MENA( Middle East North Africa) and Frontier Conference shows the determination and vision of the His Highness Shaikh Mohammad Bin Rashid Al Maktoum. Really he has strong will power to make it true in reality.

In this conference during the key note address he emphasised on some points and his aim for Dubai:
* To make Global financial Hub
* International standard Infrastructure.
* Biggest Tourist spot.

These above points are related to connect some points:
Dubai is center point to connect the East and west like East side Hong Kong and Tokyo
and west side New York and London. Dubai is one of the connecting point for these two ends of the world having best infra and rules and regulation to monitor the Financial center. Still it is one of the main part of the Middle east to control the financial market of the Middle east.

It have very much planned infrastructure with very motivated working people. Dubai is also developing the academic hub for the full fill the future requirements of the professional by providing the world class education.

For biggets tourist spot very soon Dubai is going to become the place of the world largest building earlier it have Sixth biggest port and Sixth biggest airport and comming time they are expecting to complete one more phase to become world's no. one air port hvinf125 airlines and 210 destination covering.

Dubai Mall is one of the biggest Mall in the world and other of the tourist and sports destination are on add position. Dubai Metro is one of the wonders without driver is also the biggest achievement.

Some other poinst Sultan Ahmad Bin Sulayen, Chairman of the Dubai worl:'" We believe that the economic fundamental of Dubai are strong and throgh the excellentleadership of his highness shaikh Mohammad Bin Rashid Maktoum, Dubai will continue to grow. Dubai world is part of long term vision of Dubai, creating the world class destination for living, Business & tourism."

He also emphasized the issue of the economic melt down is over and now again Dubai is ready to fly with more strong determination and global vision.

And he added some more points This crisis emposed new equationon major economies and opened promising horizons for new markets such as India and China as a part of a stage during which the roles and importance of these markets will grow.

Last but not least on the issue of the integrity on the relation with Abu dhabi and Dubai that these emirates are integral and complement to each other in same as the other emirates...

Now lets begin the era of the world class city....

CEO salary is the matter of Parliamentry debate

In a company CEO is highly paid person that complete team which making the the profit to company multiple time.

After a one year aqgain this issues raised by the Corporate affairs minister Salman Khurshid today said the new Companies Bill, 2009, has done away with the 11 per cent cap on the remuneration of chief executive officers and directors.
A final review on the matter would be taken by the Parliamentary Standing Committee, which is vetting the provisions of the bill. At present, a company's total payment to its directors and managing agent, secretaries and treasurers or manager in any financial year can't exceed 11 per cent of the net profit.

"The proposal that has come before Parliament does not have any cap. The Parliamentary Committee will take a final review and would take a decision. But the prevailing atmosphere in the world, from the US all the way to India, is today inclined towards some restrictions. Now whether that is necessary to apply a legislation or is there some other way of achieving it is something that has to be considered," Khurshid said.

these issue will be under consideration.. as a common human view of the people realy it creats the disparity in social sector they must have to pay the best salary but it must be on the basis of the profit rather than the basic salary...

Later, Prime Minister Manmohan Singh had put to rest the controversy by saying, "Our government as such has not taken a view on this. CEO salaries are best determined by the boards of the respective companies."

Raju's is not as corrupt as Indian Politician and officer's

Ramlingam raju is now in Jail and now alot of charges are against him. Daily i used to read a lot article against him as well as some of the Magazine give special coverage in front page. But as if we see his good work then his wrong work is small in comparision to our Beurocrat and Politician.

He is guilty in this case a lot of person are finger out.

As per his good work is concern he provided a lot Job opportunity.
He earn alot foreign currency.
He paid a lot Taxes to Indian government.
He set up so many company for emloyment as well as infrstrcuture development.
He represented India In Many country as INtelligent ITians and BUsiness TYcoon.
He also contributed a lot of money to charity work as well as for the social contribution.

If we try to see the negetive side of his work:
1. He make the wrong balance sheet with help of AUDITOR( AGAIN POLICY and LOOPHOLE of government system.
2. He make a wrong employment list in which again government involment.

All together playing with government plocy with the goverment system.

Similarly if we see the most of the Business people have a lot of restriction to do the business, they have to follow the POlitcian and Beurocrat even what ever the capability Businessman have.

May be i am not right here but as the capability Raju have really its should be appreciable.
This time government should give him some favor rather than punishing him government should take action against the person who supported him as well as share the amount.

Also government should have to develop the flexible and strong controlling system by which the Good people like Raju cannot be make the wrong success path.

Warren Buffet's advice for 2009

Warren Buffet's advice for 2009


We begin this New Year with dampened enthusiasm and dented optimism. Our happiness is diluted and our peace is threatened by the financial illness that has infected our families, organizations and nations. Everyone is desperate to find a remedy that will cure their financial illness and help them recover their financial health. They expect the financial experts to provide them with remedies, forgetting the fact that it is these experts who created this financial mess.

Every new year, I adopt a couple of old maxims as my beacons to guide my future. This self-prescribed therapy has ensured that with each passing year, I grow wiser and not older. This year, I invite you to tap into the financial wisdom of our elders along with me, and become financially wiser.

Hard work: All hard work bring a profit, but mere talk leads only to poverty.
Laziness: A sleeping lobster is carried away by the water current.
Earnings: Never depend on a single source of income.. [At least make your Investments get you second earning]
Spending: If you buy things you don't need, you'll soon sell things you need.
Savings: Don't save what is left after spending; Spend what is left after saving.
Borrowings: The borrower becomes the lender's slave..
Accounting: It's no use carrying an umbrella, if your shoes are leaking.
Auditing: Beware of little expenses; A small leak can sink a large ship.
Risk-taking: Never test the depth of the river with both feet. [Have an alternate plan ready]
Investment: Don't put all your eggs in one basket.

I'm certain that those who have already been practicing these principles remain financially healthy. I'm equally confident that those who resolve to start practicing these principles will quickly regain their financial health.

With Best Regards,
Warren Buffet