Friday, February 11, 2011

Air India's special scheme during World Cup

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 by=punem sexena=MUMBAI: India's national carrier, Air India is offering special discounts for youth and senior citizens during the forthcoming World Cup tourney, an official said Thursday.

The national carrier has announced 50 percent discount travel on economy class and easy fares on its entire domestic network during the Cricket World Cup season, between Feb 15 and April 5. 

The 'Cricket Special Promotional Officer' would be available to the young and elderly lovers of the game, those aged below 30 and above 63. 

However, they would have to shell out other charges like fuel charge, passenger service fee, user development fee and others on this promotional offer.

Stock markets losing Rs 100 cr per minute in 2011

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Sensex
NEW DELHI: Bear run at stock markets is costing investors dearly, with value worth over Rs 100 crore on an average being eroded in every single minute of trade so far this year. 

In total, the stock market wealth has come down by a whopping over Rs 11 lakh crore since the beginning of 2011, as the benchmark Sensex plummeted by over 3,000 points. 

The total average loss for every investor also stands at a staggering amount of Rs 10 lakh, taking into a total of little over one crore investors present in the market. 

The Sensex has come down sharply from 20,509.09 points at the end of 2010 to 17,463.04 points at the end of today's trade. 

During the same time period, investors' total wealth, measured in terms of cumulative value of their holdings in all listed stocks, has plunged from Rs 72,96,725.79 crore on December 31 last year to the current level of Rs 61,94,190.42 crore. 

While we are in the second month of the year, there have been 28 days of trade so far in 2011 after taking into account the holidays. On these days, the trade has been conducted for a total of 182 hours or 10,920 minutes, as markets remain open from 9 am to 3.30 pm only. 

Taking into account a total of about 182 hours of trade during these 28 days, the average loss for investors has been Rs 39,376 crore in every day of trade. 

At the same time, the investors have lost an average of Rs 10.96 crore in every minute of trade, while the per-second loss works out to be about Rs 1.6 crore. 

There are about 1.9 crore demat accounts in the country, but the total number of active stock market investors are estimated at little over one crore, after taking into consideration the inactive accounts and the fact that some might have more than one account. 

Accordingly, the average loss for every investor would be more than Re one for every second of trade, while the cumulative average loss for every investor so far in 2011 stands at over Rs 10 lakh. 

However, there are some investors, mostly promoters, whose market value loss of whose stock holdings runs into thousands of crores. The cumulative loss for all the promoters together is estimated at about Rs 6,00,000 crore so far in 2011. 

On the other hand, the market value has come down by an approximately Rs 5,00,000 crore for all the other types of investors, including mutual funds, other domestic and foreign institutional investors, HNIs and retail investors.

Monday, February 7, 2011

Time to list the ideal politician dad

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punem sexena=New Delhi. Another world 'Mahatma' needs. Mahatma Gandhi's principle of non-violence movement and the last man standing in line can wipe the tears of the eye. That prestigious U.S. magazine "Time" of the world's ideal politicians have topped the list of Mahatma Gandhi.
Magazine list of the world's 25 most ideal politicians 'dad' with the Mughal Emperor Akbar and religious leader, the Dalai Lama is also ranked. The list was released on Sunday.
Rivers of blood shed in this list to Alexander the Greek warrior, Genghis Khan and the Mongol German dictator Adolf Hitler included. Jedong Mao's China, Britain's Winston Churchill, Lenin and the Russian people's "ideal" is.
Magazine's 'Bapu' addressing the Mohandas Gandhi has been written about them, their peaceful protests in the British Raj because he was the life of India's freedom struggle.
According to the magazine, the all-time great Mughal Emperor Akbar, the capital's history around the Mughal Empire in establishing key contribution. Akbar 'smart warrior described as giving them poets, painters and philosophers have told the Kdradan.
According to the magazine, the Tibetan spiritual leader the Dalai Lama, Tibet expelled from China's campaign to free the biggest mover. Expulsion in 1959 after living in India he continued walking on the ideal of non-violence of Mahatma Gandhi's rights advocates are Tibbtwasioan.
Besides all this time the list of former U.S. President Ronald Reagan, Egyptian queen Cleopatra immortalized in history, Franklin Roosevelt, Queen Victoria, Italy's dictator, Mussolini, former British Prime Minister Margaret Thatcher, like the celebrities.
Guy was in own ..
- Have more than sixty years, the world still have their ideals are lighted. - Barack Obama [U.S. President]
Even if India is the birthplace of Gandhi, but South Africa has assimilated them. - Nelson Mandela [South Africa's former president]
I would keep the top on Gandhi's ideals. He used to say that changes in the world you want to see, do it yourself first. I am most affected by this statement. - Shakira [Colombian pop singer]
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