System cannot be run ideally

After a strong Lokpal Bill was passed by the Parliament, there is wave of victory across the Nation. But there is a need to have a law to check corruption in the judiciary and one to enact electoral reforms that would effectively control money power in elections. Lokpal would only cover public servants, including ministers, whereas the fountainheads of corruption in India were big businesses and corporates and it is said that they are running the Legislature..!! Further, Judiciary is said to be run by Legislature...!!! Isn't it strange..?? The two are always seen to be related to each other. Then to whom do one blame..??

When it comes to Legislature, Judiciary becomes unable to trap the corrupts and when it comes to Judiciary, Legislature says, no one is greater than Judiciary.

When Anna wanted the Judiciary to be brought in the view of Lokpal, the question of hurting the Supremacy of Judiciary was produced in front of them, of-course, one cannot un-trust the Judiciary, but where is its transparency..??

Also, it is damn sure that Lokpal may also misuse its powers. Then what is the use of the Graft..???

We need to refine our system just like the scientific principles. Scientific principles cannot be applied ideally, or can be, but in the extreme ideal conditions, which are not possible in practical.

Same thing is applicable with our system. We have to accept the flaws in it. One cannot think of the pure system and he cannot blame it, also. In our ancient stories and mythology also, we can see number of flaws. These incidents prove that unless there is a flaw, we cannot look for another way and so we cannot take the world ahead.




So, from the current scenario, I feel that, the time of next Revolution has come, and it is going to take us to the new era, just like I said above. Our System will take number of turns but will never run ideally.

Branding of a Product....isnt an easy task...!!!

We all study marketing mix with basic 4 P's and we are just aware with one of the P, i.e. PRODUCT..!! Just aware means..??? Have we ever wonder what that PRODUCT actually means..??? Coming with today's learning, I came to know that, when PRODUCT is to launched in the competitive market, the marketer has to prove its Brand image, then only he is going to get the result of his efforts...i.e. Revenues..!!
When a product is to be given a Brand value, it has to be introduced with a distinct image than that of the competitor's one. Here comes the Competitors Analysis System. A marketer proves the exclusivity of his product. A study focusing on the competitor's product, its features, the effect of competitors on his product; gives the probable position of his product. This study also helps in the improvements to be done to cope-up with the market demands.
The above analysis of the product with number of different competitors predicts the most probable value of the product, and if the product is made superior, then it gains the brand image....!! So, every learning marketer needs to carry out this analysis so as to create the brand image of his own or his organization's product..!!!
With thanks to Prof. Siddharth Mishra,,,
Rohit Bawankar

Japanese economy recovers post tsunami, narrows contraction margin to 1.3%

Japan's economy contracted 1.3 per cent in the three months ended June, much less than expected, indicating that the island nation is on the road to recovery after a devastating tsunami in March.

The world's third-largest economy, which is also grappling with an appreciating yen and sluggish exports, was widely expected to shrink by over 2 per cent in the June quarter.

Japan's GDP declined 1.3 per cent in the three months ended June 2011, according to figures released by the Japanese Cabinet Office on Monday. The less-than-expected economic contraction was mainly on account of better consumer spending. Nevertheless, the better economic reading from Japan boosted Asian stock markets on 16th August. Most of the key indices, including Japan's Nikkei 225, China's Shanghai Composite Index and Hong Kong's Hang Sang closed in the green. Stock markets worldwide were rattled last week amid mounting concerns about the health of American economy as well as the escalating European debt turmoil.

Coal India snatches RIL crown

Barely nine months after it listed on the stock exchanges, state-owned Coal India has mid-wived one of the most incredible stories on Dalal Street by toppling Reliance Industries from its perch and becoming the country's most valuable company.

The Calcutta-based hewer of coal today notched up a market capitalisation of Rs 2,51,296 crore, nudging ahead of Mukesh Ambani's flagship company which reported a value of Rs 2,47,129 crore.

The Coal India stock, which first listed on the bourses on November 4 last year, has risen 16.21 per cent till date, while Reliance has wilted 32 per cent during the same period.

Both are principally energy resource companies: one is the largest producer of coal, while the other is the biggest refiner of crude oil.

Coal India's push to the top came in just seven trading sessions since it burst into the sensex on August 8. That itself is a fairytale ride: no other company has leapt into the index in a short span of nine months since listing.

The change at the top, though not unexpected, is a reflection of the huge demand for natural resources such as coal in an economy that is projected to grow at 8 per cent.

The fortunes of the two companies ' Coal India and RIL ' seem to have diverged because of perceptions of investors in a market that has been extremely volatile lately.

RIL has been under-performing the markets over several months primarily because of disappointment over the company's inability to ramp up gas output at its famed KG-D6 block. Revenues from its oil and gas exploration account for just 5.7 per cent of its gross turnover of Rs 276,371 crore in 2010-11, but that doesn't seem to have weighed with investors at all.

In the trading today, the Coal India stock closed with a gain of 2.64 per cent at Rs 397.85, translating into a market capitalisation of Rs 2,51,296 crore. On the other hand, the RIL share ended lower by Rs 4.20 at Rs 754.80.

"The writing was on the wall. There were two reasons for Coal India overtaking RIL. While investors have been bullish over the prospects of the coal producer and this has only strengthened after its good first-quarter results, the RIL share price has been falling over the past few months," said an analyst with a foreign brokerage.

For RIL, the change in the pecking order is tinged with a little bit of irony: it had emerged as India's most valuable company nearly four years ago after dislodging another state-owned giant ' ONGC. It has now been beaten by a nine-month old PSU newbie on the market.

The RIL stock has also been pounded after a draft report of the CAG said the company had been shown undue favours by the Union ministry of petroleum and natural gas and the Directorate General of Hydrocarbons (DGH) in its Krishna-Godavari (KG) block.

Experts point out that there are many things that are going in favour of Coal India, which is the largest coal producer in the world.

Akhil Jain, analyst at Aditya Birla Money, said in a report that the company enjoyed a competitive advantage over its global peers on account of its large coal reserves, lower cost of mining and lower capital expenditure costs.

The availability of huge reserves in India will see many coal-based power projects coming up. Moreover, after the Fukushima nuclear power disaster in Japan, concerns over safety are likely to result in a slowdown of future nuclear projects.

Another analyst says Coal India has huge cash reserves and will not be affected by the current environment of high interest rates or the economic uncertainty overseas.

Star Batch: news

Star Batch: news: ONGC overtakes RIL as India's second-most valued firm.
Maruti to source diesel engines from Fiat.

ONGC pips RIL to become 2nd most valued firm

After losing its position as the country’s most valued company to state-run Coal India, billionaire Mukesh Ambani-led Reliance Industries today slipped below another PSU major, ONGC, in the market valuation charts.

State-run ONGC pipped corporate giant Reliance Industries (RIL) in late morning trade to emerge as the country’s second-most valued company with a slightly higher market valuation.

At around 11.45 am, ONGC commanded a market valuation of Rs 2,38,528 crore on the BSE, which was a little over Rs 600 crore higher than that of RIL.

RIL’s market value stood at Rs 2,37,882 crore at that time, as its shares were trading 1.81 per cent down on the bourses. In contrast, the ONGC stock was trading with a gain of 1.07 per cent.

At the same time, Coal India Ltd (CIL) maintained its top position with a market capitalisation of Rs 2,50,580 crore.

At the end of yesterday’s trade, CIL had a market cap of Rs 2,46,780.36 crore, followed by RIL at the second position (Rs 2,42,267.27 crore) and ONGC at third (Rs 2,36,003.02 crore).

Advertisements Effectineness

How may be the customer is looking towards any brand advertisement....??
What should be his attribute towards advertisement assessment...??
How can we evaluate the worth of advertisements...??
Kindly give ur Ideas.....

US debt ceiling-what will be its impact..??

US govt has decided to icrease the debt ceilnig. What gonna be its impact on worlds economy?
US is the biggest market for most of the countries. Sice US economy is slowing down due to increasing debts, un-employment is going to increase...!! Slowering of economy is alos going to affect export of potential markets like India!
So, overall, US debt issue is more critiacal!
Expert discussions are highly welcome!