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.

Cost Cutting Mantra: for Personal Management

Everyday layoff and job cutting will become the common word for every one. This year Most of The B-School are not able to adevrtise about the highly paid candidate rather than plaing the all candidate.
What kind of majors are required for the cost cutting:
i. Entertainment:

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

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

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

Unethical solution for Global Crisis

TATA announces for there employee to be ready for any type of decision. The same thing and similar things going on all over the world but without any information.
As we know that in India as well as most of the developing economy having some drawback like corruption and black money which hide and posses by the most of the influential person’s accounts in international bank.
During the 1991 India was facing very big economic crisis that time Manmohan Singh suggested to government that to legalize the Gold if they will deposit in government bank by paying anything.
Similarly they took some decision to just run country economy. Is this possible in India. Most of the Important post like Civil Servant, MP, MLA present and former as well as minister and some of the mediocre having a lot of illegal money but they are not able to use it directly because of taxing process as well as some constitutional reason. But they have huge amount as well as property in India and abroad.
In the same pattern most of the African country and Asian country have same kind of people but they are a bit afraid to enjoy the money.
If really government wants to move the market they have to give some flexibility to them to invest the money by some way government will not ask the queries as well as they can also invest their money in share, property, as well as jewelery and some other developing work.
I hope this huge amounts really some how move the sick industry which don’t have work. This is my personal opinion I would like to other person opinion regarding this by this way again the market can start moving and flourishing.

Recession : control the market

THis is not the new word for todays. AS the recession duration and prediction increasing day by day. BUt the good thing which i observe in the market are the midiocore the spoil the market for their own benefit.They make the project without any planning.@ if we take the example of the real state. The real state divert the money which they collect from 1st project and spending on third or fourth without thinking about the first.
Traders are taking the order from vendor and supplier in the same way as real state.
People are mad for money to invest in financial market their hard core money.
Oil sector and steel prices fluctuating and increasing like it will never come back.
Employees salary increasing like leaps and bounds employe offering without thinking how they will cover the money.
Price rise was in the same row. For the middle class and lower class people’s life become the hell becouse they are not able to manage and sustain the life.
Now the above all things are some how control and also coming back. after the three months again when bank will start to recover the money from the business man then again prices of the steel, real state as well as the employee salary will be some how under control.
THe best things i am observing those who are middle class are the lower class are coming again. those who’s gredds was under control.
Now the costing for any project which can start now can make very lower costing.
So again the company should think about the value for money and cost effectiveness withe short term planning.