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Booking Losses at the Right Time: A Less-known Wealth Management Strategy

Do you book profit or book loss? You have bought the shares of ABC Ltd at a rate of Rs.100 per share. The current market price is Rs.150 per share. Also you have bought the shares of XYZ Ltd at a rate of Rs.200 and the current market price is Rs.125. Do you book profits by selling ABC or book losses by selling XYZ. Warren Buffett said, “Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.” This quote from Warren Buffet is the essence of selling loss making investments as a part of wealth management. However to the contrary most of us tend to sell those investments that makes us money and prefers to hold on to those that is already making losses. It is just probably a feeling that we could not have gone wrong and the investment would revive, or on the other hand a feeling that we have been fooled and do not want to be fooled again and do not want to take action. What to do with loss making investments? It's not whether you're right or wrong that...

Free National Roaming - NTP 2012

The Cabinet has approved New Telecom Policy 2012 that would let telecom users avail free roaming across the country. It would also offer Full Mobile Number Portability (MNP) that would let the customers retain their number even if they shift from one circle to another, anywhere in the country without any extra charges. This would introduce single license across India under a new unified licence regime and the operators doesn’t need separate license. Under this licensing regime, licence has been delinked from spectrum to reduce different licenses. The new policy would separate licences and airwaves, allowing carriers to share airwaves. There is no time frame when the new policy would be implemented. Pricing and spectrum allocation would be announced later. The Department of Telecom (DoT) will now start process to implement full mobile number portability allowing users to retain their existing number at the time of changing their service providers across any state in the country. ...

Zurker - Own your Social Network

Zurker isn't owned by a select few venture capitalists who stand to make billions and billions. There is nothing wrong with the idea of venture capitalists making billions from tech investments, but in the case of a social network, the priorities get skewed. If social networks are owned by VC's and investment banks (such as Goldman Sachs) and other investors looking purely for profit, they gradually become orientated towards one thing and one thing only: making money. How do we mine more data from the users? How do we monetize their every action? How do we get them addicted to paid apps which improve the bottom line? It's not a bad thing for a social network to make money, but if squeezing every last penny from the user base is the abiding concern, the users aren't going to get the best possible product. Try it http://www.zurker.in

Oru Kal Oru Kannadi Movie Review

"Oru Kal Oru Kannadi" (One Stone, One Mirror) which was touted to be the perfect launch pad of Udayanithi Stalin as a hero falls flat on its face. The major contributor being the dull story and the screenplay. Director Rajesh seems to be obsessed with the boy meeting a girl and falling in love story. The same storyline has been followed in this film too as was his previous two films. The only difference being his previous two films had good performers to carry the film through but in his latest venture, Udayanithi Stalin fails miserably as an actor. Saravanan (Udayanithi Stalin) and Partha (Santhanam) are best buddies working together in Sathyam Cinemas. Saravanan comes across Meera (Hansika Motwani) an air hostess trainee with Kingfisher Airlines. Saravanan follows Meera who happens to be the daughter of Chennai DCP (Shiyaji Shinde). What happens thereafter and what are the confusions that take place between them is told in this 165 minutes long film. Santhanam happens to be...

Cheque validity reduced to 3 (three) months

The Reserve Bank of India in a recent circular has directed that with effect from April 1, 2012, banks should not make payment of cheques /drafts / pay orders / banker’s cheques if they are presented beyond the period of three months from the date of such instrument. Its worthy to make note of the above guidelines. Cheques/drafts/payorder/bankers cheques issued on and after 1st April, 2012 will be valid only for a period of three months. However, please note that the instruments which are issued prior to 1st April. 2012 will remain valid for 6 months from the date of issue.

Upanishad ganga

Chinmaya Mission proudly presents the “First of its Kind” tele-serial “Upanishad Ganga”; to be aired on Doordarshan's National network(DD1),  every Sunday between 10:00 - 10:30 am for 52 weeks, from 11th March 2012. Upanishad Ganga is a mammoth effort covering the entire gamut on Indian Culture, Heritage, Philosophy and Wisdom spanning more than 5000 years. In this serial, the knowledge of ‘Upanishads’is explained in a modern context through stories.  It can transform our life, ennoble our vision, purify our hearts and inspire our efforts with selflessness.  Its a great service to our culture, our country and humanity to spread the knowledge of the Upanishads.  It is dedicated to revive the glorious cultural heritage and pride in the Spiritual Genius of Bharat.    Conceptualized by Swami Tejomayananda, Global Head - Chinmaya Mission, it is Directed by Dr.Chandraprakash Dwivedi (of Chankya fame), and acted by many renowned TV actors, this serial...

The World's First Bollywood Movie Auditioned on Facebook

Nissan conducted auditions on facebook and invited fans to be a part of a bollywood film which features the 20 winners along with Ranbir Kapoor & 100 Nissan Micras. New Star of India ~ KeepWrite ~