Thursday, February 26, 2015

Highlights of the Rail Budget 2015 by Prabhu

Highlights of the Indian Railway Budget 2015

Highlights of Mr Prabhu's Speech:

No increase in passenger fares
No new trains announced
Tickets can be booked 120 days in advance instead of 60 days to tackle tout menace
Outlay for passenger amenities increased by 67%
Plan expenditure to go up to a record Rs.
1 lakh crore in 2015-16 from an estimated Rs.
61,500 crore in 2014-15.
Central government outlay likely at 41 per cent (Rs.
45,100 crore) in 2015-16
We will introduce train sets saving 20% of journey time, similar to bullet trains in design, and that can run on existing tracks
The speed passenger trains across nine corridors will be increased to 160-200 km from 110 km
SMS alert to be introduced for train timings
To introduce air-conditioned coaches for suburban trains
Wi-Fi to be available at 400 railway stations
To revamp station redevelopment policy completely
To have bidding system for redevelopment of stations
To develop 10 satellite railway stations this year
800 km of gauge conversion will be commissioned
E-catering introduced in 108 trains, can order on IRCTC website
To expand water vending machines on more stations
On-board entertainment facility could be extended on Shatabdi trains
Mobile charging stations will be introduced general class coaches
More general class coaches will be added to select trains for benefit of the common man
Railways plans to spend over Rs.
8 lakh crore over five years
Pension funds, multi-lateral banks have evinced interest in Railways
Proposed the best operating ratio in nine years, of 88.5 per cent for 2015-16
Railways to go through transformation in five years; to increase track capacity by 10 per cent to 1.38 lakh kilometres
Feasibility report of high speed train between Mumbai and Ahmedabad expected by mid-2015
Wagon-making scheme to be reviewed to make it easier for private investment
To improve cleanliness & design of bed linen
All India 24x7 grievances helpline 138 to start soon
7,000 more toilets to be replaced by Bio-Toilets, New toilets at 650 stations, more vacuum toilets
Passenger travelling unreserved can procure a ticket within 5 minutes
Mobile application to address complaints of people is also being developed
Introduction of integrated ticketing will be done
Hand-held devices for ticket checkers for moving towards paperless ticketing
Centrally managed railway display network in over 2000 stations in next 2 years
Railways will play a big role in socio-economic development of the country
Railways carry a big burden of expectations
Investments in railways will have multiplier effect
Railways facilities have not improved significantly over last few years
The cycle of under-investment should end
Railways has to regain in share in freight traffic
Railways aims to deliver a sustainable improvement in customer experience and make rail a safer means of travel
Objective is to make Railways self-sustainable
Rail-cum-road ticket to be extended to many stations
We are committed to provide rail connectivity to North Eastern states
Transport Logistic Corporation of India to be set up to aid expanding freight handling capacity and provide end-to-end logistic solutions
PPP model will help to augment resources and generate more employment
6608 kms of track to be electrified
Projects worth Rs.
96,182 crore to expand capacity of 9,420 km rail lines
CCTVs to be introduced in select trains and suburban trains for women safety
Train Protection Warning System, Train Collision Avoidance System
Projects for rail connectivity to many ports and mines
To monetize assets rather than sell them
To set up full-fledged Railway University in FY16Rs.
2000 crore for Coastal Connectivity Program; Rs.
2500 crore through BOT/Annuity route
Drawing up comprehensive policy to tap latent advertising potential
Online application for all recruitment process
To impart soft skills to our staff we intend to impart regular training
917 safety work projects to eliminate over 3,000 unmanned crossings in all states
PPP cell to be revamped to make it result oriented
Railways can't function as business as usual mode
To set up infra fund, JV with IRFC for long-term funding

66 Crore fund raises from piramal fund Management

Real Estate News:

NEW DELHI: Realty firm Ashiana Homes has raised Rs 66 crore from Piramal Fund Management to partly finance the acquisition of 10 acres of licensed land at Sohna in Gurgaon.

"We have bought 10 acres of land with development rights from local land aggregators for about Rs 100 crore. We will be developing a residential project on this land," Ashiana Homes Director Rohit Raj Modi told PTI.

The company raised Rs 66 crore from Indiareit Fund Scheme V, being managed by Piramal Fund ..

Thought Of The Day

Our business in life is not to get ahead of others but to get ahead of ourselves--to break our own records, to outstrip our yesterdays by our today, to do our work with more force than ever before.

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Stewart B. Johnson

The 25 Highest-Earning Hedge Fund Managers And Traders

A little over one year past, Steve Cohen’s SAC Capital Advisors pleaded guilty to insider-trading connected charges stemming from a sweeping federal investigation into the hedge fund firm. Cohen’s SAC Capital, one among the foremost no-hit hedge fund companies ever, united to pay $1.8 billion to the national and stop managing cash for outdoor investors. Instead, Cohen, World Health Organization was ne'er reprehensively charged, born-again SAC Capital into a family workplace that manages his personal fortune and rebranded it Point72 plus Management.
Cohen topnotch Forbes’ list of the highest-earning hedge fund managers and traders, creating Associate in Nursing calculable $1.3 billion in 2014. In the end, not lots has modified for Cohen. before pleading guilty, abundant of the cash managed by SAC Capital already belonged to Cohen. Point72 plus Management, that has some 800 staff, still functions sort of a major hedge fund and manages over $10 billion.
Cohen has continued to with success interchange the simplest way that's in line with his glorious performance data, however his earnings in 2014 particularly stand out as a result of numerous hedge fund managers struggled mightily in 2014. the common hedge fund came back three.3%, per HFR, whereas the quality & Poor’s five hundred index came back thirteen.7%. Forbes estimates that the highest six earning hedge fund managers every created slightly over $1 billion last year and that they square measure concentrated along at the highest of the list. however Forbes believes that Cohen edged out the opposite 5 prime earners.
Cohen’s leading hedge fund earnings highlight a very important rising development within the wealthy hedge fund business as a number of the foremost no-hit and closely watched hedge fund traders more and more concentrate on largely, or perhaps solely, managing their own wealth. Legendary hedge fund manager Saint George Soros is tied for second on the Forbes list of the highest-earning hedge fund managers and traders, making $1.2 billion in a pair of014, however he stopped managing external funds in 2011. In fact, even before 2011, the number of outdoor cash overseen by Soros was comparatively little compared to his own capital. Soros remains concerned in managing Soros Fund Management, however Scott Bessent handles the firm’s regular operations.
PLEASE CLICK HERE to envision the complete LIST OF THE TOP-EARNING HEDGE FUND MANAGERS AND TRADERS.
All of the highest hedge fund earners on the Forbes list at first created their fortunes by marking huge returns with alternative people’s cash and aggregation fees, except for several of them a giant chunk of their earnings of late comes from change of integrity their own capital, whether or not they manage many external cash or not. it's exhausting for hedge fund managers World Health Organization did well in 2014 however haven’t big giant fortunes to vie within the earnings race.
Still, there square measure several hedge fund managers that stay terribly targeted on gathering fee-paying assets. Ray Dalio has engineered Bridgewater Associates into the industry’s biggest manager of capitalist capital. Bridgewater Associates manages $157 billion and generates many fee revenue. Bridgewater’s huge Pure Alpha macro hedge fund came back three.6% web of fees in 2014 and its Pure Alpha Major Markets fund came back eight.7%. His All Weather fund came back eight.6% web of fees in 2014. Dalio created Associate in Nursing calculable $1.2 billion in a pair of014.
To get a way of what a foul year within the hedge fund business sounds like, in 2014 the twenty five highest-earning hedge fund managers and traders created a combined $12.5 billion. That’s $11.8 billion but what the highest twenty five earning hedge fund traders created in 2013, once they conjointly earned $24.3 billion because the stock exchange boomed. The overwhelming majority of hedge fund managers are unable to stay up with the U.S. stock market’s rise for the last six years.
moved since the commerce whereas the remainder of the automotive vehicle sector has soared. In typical activist vogue, Wilson and his hedge fund partners see some $25 billion on GM’s record and wish a number of it came back to shareholders. GM, meanwhile, has aforementioned it desires a giant money balance because it deals with compensation claims from its faulty ignition switches and alternative restructuring and strategic problems. The means Wilson sees it, weight unit may do Associate in Nursing $8 billion share repurchase and still stay at rock bottom finish of the company’s targeted money balance vary of between $20 and $25 billion, on condition that Wilson thinks the money balance ought to grow to $28 billion by the tip of 2015.
Still, Wilson says this can be not solely a capital allocation issue. He claims there square measure alternative problems weight unit shareholders have to be compelled to weigh in on, from margin improvement, to floundering international operations in Europe and South America, innovation and demanding relationships with suppliers. “You can’t have a stockholder resolution on margin improvement,” says Wilson. “We assume the corporate has considerably underperformed its potential.”
The most distinguished hedge fund manager Wilson represents in his weight unit effort, David Tepper, issued a press release on Tuesday language his hedge fund firm had mentioned variety of problems with the company’s management, together with “the lack of transparency in GM’s govt compensation program and … whether or not it properly incents effective capital readying.” Tepper conjointly concerned “GM to deal with these problems profitably and refrain from jaundice.”
In its statement, weight unit appeared to recommend that Wilson and also the hedge fund managers had not been operational with full transparency, language that Wilson initial told weight unit corporate executive Virgin Mary Barra regarding his conceive to win a board seat at a gathering he had requested for alternative functions which subsequently the corporate had discussions with a number of the hedge funds Wilson painted, however those hedge funds failed to indicate a need to nominate a board representative.
In his interview with Forbes, Wilson was diplomatic toward Barra. “She has solely been corporate executive simply over a year and she or he has had a good variety of distractions since she initial jumped into the position,” says Wilson. “I would argue that she is during a specific spot in this she bears very little of the responsibility for the underperformance. there's a singular chance to press the push button.”
There is conjointly sensible chance for Wilson and alternative hedge fund agents within the activist battles being waged in today’s stock exchange.

Tuesday, February 24, 2015

Inspirational Interview With Prof. Jatinder Pal Singh Broca, MBA/BBA/PGDBM Faculty

Name: Prof. Jatinder Pal Singh Broca
Course Name: MBA/BBA/PGDBM

Q. once did you be part of the teaching profession? Why did you select to be a professor?

A. "TEACHING and LEARNING are my passions since decades. after I was within the trade I wont to teach my juniors subordinates, students UN agency visited our unit for coaching etc. i used to be closely related to the college of my unit. after I joined the Bank I unbroken on teaching managers clerks, students, entrepreneurs, ladies, etc. i used to be invited by several banks and monetary establishments and Govt bodies to deliver lectures on numerous topics/subjects.

I know my STRENGTHS thus I keep teaching to shut in my strengths. Teaching is that the noblest profession I feel because it will build lots of distinction within the lives of persons whom we have a tendency to teach or act with. The feedback that i buy and therefore the blessings i buy keep American state charged and driven even these days at the age of 65!!"

Q. Tell U.S.A. one thing regarding yourself and your institute?

A. primarily i'm a B technical school Mech and have a PGDBM. Worked in trade for seven years. move to BANKING. Retired from BANK OF Asian country as a CHIEF MANAGER in 2009 at the age of sixty. Presently enjoying my second innings as a GUEST/VISITING school during a few schools in national capital teaching MBA/BBA/PGDBM Students and sharing my expertise and experience with the New Generation.

Q. What regarding teaching at B-Schools inspire you the most?

A. I feel text books ar simply instruments to pass the exams and find a degree / credentials however once the scholars enter the massive dangerous world they need to face the tough realities and a tricky completion to urge employment that provides them opportunities to find out to grow to prosper and become some one very helpful to the society. they have to be driven to present back one thing to the society. thus I build it a degree to travel on the far side the text books and share my information and skill with the scholars to assist them suppose and analyze and grow!!

Q. that subjects does one teach? which of them does one just like the most?

A. apart from Accounting and Computers, I will teach any subject and am teaching numerous subjects {to numerous|to varied|to numerous} students in various schools. i prefer selling, Advertising. BANKING, HRM, E Business, Strategic Management and a few alternative subjects too.

Q. what's your teaching philosophy?

A. Work Hard, provide Your Best To Your Students to create Them very Knowledgeable And smart Future accountable Citizens!!

Q. does one believe teaching ought to be additional application primarily based than theory? If affirmative, then however does one support it?

A. "YES i'm a firm believer of this dictum. I build my very own case studies supported my readings from the news papers and business magazines and build them suppose and analyze them. I conjointly encourage Role enjoying and tell them to find out new Skills particularly soft skills. I encourage them to develop a reading habit and detain bit with what's happening around U.S.A. daily."

Q. UN agency in your life has influenced you the most?

A. My college lecturers, my school lecturers my senior managers in trade and within the bank. All of them have intercalary valuable experiences to my life and have helped American state to grow and mature and become a more robust person.

Q. What suggestions would you prefer to create within the courses you teach?

A. depart Of The Prescribed info In Text Books. Teach Them New Skills, build Them Visit Industries And Submit Their Reports On What They Saw What They Learnt Etc Invite Self created Entrepreneurs To Share Their Experiences With Them. Teach Them the way to Participate In cluster Discussions and the way to organize For Job Interviews, the way to brace oneself for Competitive Exams Etc.

Q. As a college, what reasonably comes does one expect students to figure upon?

A. world comes which will build an enormous distinction within the lives of others. don't follow the herd. Take innovation to new heights. Add price to your expertise etc.

Q. however ar current technological advancements ever-changing your teaching style?

A. affirmative these days I even teach during a school that uses MOOCs (Massive Open On line Courses) to deliver students the most effective in numerous subjects sitting in their homes and/ or aiming to a centre on the subject of their place of keep. net has modified our lives. GOOGLE is today's GOD! New technologies build our lives pleasurable convenient and livable! typically I feel i used to be born ten years early (I was born in 1949).I sees my son growing and prosperous within the field of code. He teaches American state. I learn from him .GOD BLESS HIM.

Q. what's the impact of mobile technology boom influencing your space of specialization?

A. affirmative these days the globe Has very Become a worldwide Village With most property With the surface World. I Keep Reading regarding New Technologies underneath Development And Share Them With My Students.

Q. however is social media influencing your discipline?

A. these days SOCIAL MEDIA is a crucial a part of OUR life! SOCIAL MEDIA selling is IN. i take advantage of FACEBOOK to show my students! I POST attention-grabbing ARTICLES for my students to browse and react. I take photos of a number of my sessions and post them on FB STUDENTS REACT absolutely TO SUCH THINGS TODAY! thus SOCIAL MEDIA is basically useful to attach senior persons like American state with the GenNext!

Q. however will the economy story of Asian country modification your discipline?

A. I keep reading the media reports regarding the newest economic developments in our country and infrequently share my reads with my students with a view to assist them to develope a vision for following few years around. we have a tendency to ar very living in attention-grabbing times these days i feel ! God Bless American state !!

Q. What changes does one see on the horizon in your space of discipline?

A. additional specialise in harnessing new technology to deliver best teaching practices and methodologies to empower the scholars to become helpful to the society.

Q. One touching incident that happened to you in your teaching career?

A. i feel that: WHAT EVER smart you are doing IN LIFE COMES BACK TO YOU 10 FOLD during this terribly LIFE.NOT IN NEXT LIFE. several such incidents are there in my life. can share typically. Thanks for giving American state the chance.

Q. there's a shortage of eminent professors at b-schools. With additional and additional institutes providing the Master in Business course, does one suppose Master in Business can become simply another degree?

A. I believe YOUR VIEWS affirmative Master in Business can simply be well worth the price of the paper on that the degree or credentials is printed!!

Q. does one suppose the course info is at par with trade expectations?

A. NO! NOT AT ALL!

Q. If you hadn't been a academic, what would you be? What ar your professional/career goals?

A. "MOTIVATOR/MENTOR/FRIEND thinker AND GUIDE TO STUDENTS.

MY GOAL remains to stay IN SEARCH OF EXCELLENCE. i feel THAT surpassLENCE HAS NO LIMITS! LOVE WHAT {you do|you ar doing} ND DO WHAT YOU LOVE!! KEEP the kid IN YOU ALIVE! These are my COMMANDMENTS of my life! GOAL IS TO EXCEL in no matter field one is in. thus God facilitate me!!"

Q. Your feedback for ManagementParadise.com

A. {an surpasslent|a superb|a wonderful} supply {of information|of data|of information} and knowledge for people who wish to find out and excel in life. However, it desires efforts and disposition to be a learner.

~: END :~

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inspirational interviews,indian famous persons inspirational speech text.

GK for Today

Todays Current Affairs Section is a compilation of recent current events. This section is updated almost daily.

Rajya Sabha passes Constitution (Scheduled Castes) Orders (Amendment) Bill, 2014

State Bank of India and Indian Army signs MoU on Defence Salary Package

Chris Gayle becomes first batsman to hit double century in World Cup history

TRAI removes interconnection usage charges (IUC)

NGT issues the whip on vintage cars

Rana Bhagwandas first Hindu Chief Justice of Pakistan passes away

Monday, February 23, 2015

Important Tips to Get Daily Updated Current Affairs and General Knowledge (GK) for Competitive Exams

The Person who is Daily Updated with Current news and Update will always very smart and Successful.

We will discuss some consequential tips that will avail to prepare ‘Current Affairs’ and ‘General Knowledge’ (GK) portion of competitive exams with facileness. We all ken that most of the competitive exams come up with these two subjects, and most of the students feel great difficulties to score good marks in it.

There is always something transpiring in this bloody sizably voluminous world, so it’s not east to stay updated with all the latest affairs all the time. We require to strategize our orchestration of action to prepare it accordingly; otherwise it will be tough nut to break for sure.

“Current Affairs” and “General Knowledge” cover many topics like from economy to sports or inculcation to politics, or even technology to automobiles. In every second some issues are transpiring around the world in these sectors, and to accumulate the excerpt of some highlighted news, and memorize it is a good plan to prepare current affairs and GK.

Some Consequential Tips to Follow:

Read Newspapers conventionally:-

We all ken that “Old is Gold”, same thing applies here additionally. We require to make a habit of reading newspapers customarily. I’ll suggest you to read more than one newspaper. It will be better if you read one newspaper of your mother language, and other of English. Some utilizable newspapers are “The Times of India”, “The Hindu”, “The Telegraph” etc. You require to commence this habit at least 6 months afore the genuine exam that will avail you to get access to all the consequential events of that period of time.

You require to consistently visually examine what’s transpiring around you in your country and world as well. Trust me guys, you will surely find it intriguing after several days. We all ken that staying updated is always a good conception, as it will stand you apart from the rest.

Read Magazines exhaustively

This is another great option to prepare the subject we are verbalizing about. There are many leading magazines that fixate on current affairs and General Erudition. You require to buy it from your local magazine seller, and commence reading it exhaustively. These magazines resplendently categorize the articles with its genres to make it intriguing to read on. Some of the utilizable magazines are Pratiyogita Darpan and Manorma.

Endeavor to read some business magazines and sports magazines too along with a general magazine. This will increment your chances of cracking the competitive exams with facileness. Some subsidiary business magazines are Business Today, Business Line etc.

Follow News Channels

You will require to follow news channels at least circadianly. Now most of the leading news channels are active for 24*7. You require to pick up a congruous time for yourself to visually examine any favorite news channel of yours. You can optically canvass ABP News, NDTV, Times Now, ET Now, Zee News etc. Endeavor to go through all the breaking and highlighted news, and make it a habit.

I ken that optically canvassing news channels for long will bore you, so I’ll suggest you to allocate only 30 minutes for it in a whole day. All the leading ones shows the glimpses of all consequential events of the day quite frequently, so 30 minutes will be enough for you to boost up your current affairs and GK erudition.

Maintain a Diary

My edifier used to tell me that whenever you learn something endeavor to indite it down in your diary, as it will avail you to memorize it in a better manner. He is so right, as this method availed me a lot to score good marks in every exam that I appeared for. As I already mentioned afore that an abundance of events are occurring in the country and around the world, so it is facilely understandable that it is not facile to recollect everything. It’s always a superb conception to maintain a diary of current events.

You require to update this diary on a circadian substratum with all the events that you consider as paramount ones. This diary will become quite utilizable for the revision part, as it will provide you information about all the paramount events at a place. You should keep revising the diary frequently, as it will avail you to memorize paramount denominations, dates, awards etc.

Channelize your Preparation Accordingly

All the competitive exams are not same, as all of them have different pattern, even when it comes to the same topic as ‘Current Affairs’ or ‘GK’. For example for civil accommodations exam, you require to give paramountcy on events of National value. On the other scenario, in matter of bank job exam, the focus should be on the news on banking sectors, and economic and business news.

Thus I’ll suggest you to prepare as per the exams you are appearing for, as channelizing your preparation according to the pattern of the exam will expedite your chance of getting culled.

Use Internet Resources

“Google, YouTube and Wikipedia are my favorite teachers’; one of my friends told me this once. This is quite true indeed, so you should utilize all the available online resources to study current affairs and GK for exams. For example this blog is all about “Current Affairs”, so you can check this blog conventionally by subscribing to us (check the sidebar for subscription options). You can actively take part some forums that are fixating on current events. The good part is you can follow the websites of all leading newspapers online if you don’t have enough time to read newspapers.

Use Convivial Networking Sites for Good

Believe me or not you can surely use convivial networking sites to your benefits. Especially to prepare current affairs and General erudition Facebook, Twitter, LinkedIn and StumbleUpon may avail you a lot. You can join some Facebook pages, or follow some twitter accounts that are cognate to current affairs. You can join our Facebook Page too for this matter, or connect with me at LinkedIn or circle me in Google Plus for all the information on recent happenings to boost up your General Cognizance ability.

Give Priority to your Vigor

We conventionally find difficulties when we endeavor to learn everything at once. In that process rudimentally we study a lot, but recollect a minute. We require to first cull our vigor areas for our preparation. Endeavor to give priority to your vigor areas. It may be Sports, economy, Regime Affairs or technology. Suppose you are applying for Bank exams, then you should prepare industry cognate news. Along with that you may pick any 2-3 areas of your vigor like sports or technology. You require to prepare these sections to the utmost level. I can assure you that these strategies will avail you to score much better in Current Affairs section.

Participate in Online Quizzes

You should participate in some free quizzes that are available online to evaluate yourself. For this matter you can facilely access our “Quiz Section”. This will give you opportune conception whether you are yare for the sizably voluminous exam day or not. As an integrated factor it will withal provide you confidence i.e. very much essential. You can download Monthly-sagacious current affairs questions from Here.

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The Top 100 CEOs of India

# CEO is the blood of a organization here is the top CEO and their Development

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