Sania Marches to Top-50..

India's Tennis Sensation Sania Mirza has officially advanced to the list of Top 50 women tennis players of world.

There had been three such instances in the past where an Indian occupied a place among the top 50 tennis singles' performers.

>>>> Vijay Amritraj was ranked 16th in July 1980.

>>>> Ramesh Krishnan was ranked 23rd in 1985.

>>>> Ramesh's father Ramanathan Krishan had been world # 3, before Open Era.

Leander Paes had been to 73, which is his best ever ranking.

After Sania's success in international tennis circuit, the interest for tennis in India has gathered momentum. There has been organisation of ATP Tata Open Ranking Tennis event in Chennai everyyear. Hyderabad has also summoned considerable interest in organising tennis events of international stature.

Tennis, a originally an European past time has been followed by Asian COuntries like China, Russia , Japan in the recent past to the extent of international participation. India has a long way to go, players like Sania can only make it jaunted.

Indian Stock Market Getting Mad..

On Monday 8th August, the Bombay Stock Exchange fell by 146 pts to drop to 7600 somthg.

Over the past two months, BSE has seen a commandable rise of about 55%.

The investors got increased by one-and half fold within 2 months.

FDI..Foreign Direct Investment in India has risen considerably.

Significant boosting of Sensex has led our companies swell their market capital value.Reliance Industries became the first private Indian co to have a market cap of $1 billion. Also there has been advancement of India to the Top-10 chart of the countries having highest market value.

During the cataclysmic deluge that poured over Mumbai, Sensex had rose by around 200 pts.

Even when India had been afflicted by phenomenal Tsunami, there was ascent of Sensex.

>>Now Is Indian Stock Sensex behaving fickle or there is some sense in the economic progression of India??

P.Chidambaram , FM had recently expressed his opinion for the investors to be more cautious in their action. Now there has been a debate in Parliament when a veteran communist party leader accused the government of creating a delusive notion of the good performance of government by allowing the pouring of foreign money in large scale.

Ok, coming to Earnings per Share of 30 cos in BSE-30, which has risen to Rs.485 today makes sense for the feeling of despise among the investors towards the Indian shares being over-priced in their equality value.

One point is that the P/E ratio of the stocks, their profit to Earning ratio has not significantly risen; has been on the proximity of 15 which weakens the possibility of economic cession owing to the complex factors of supply and demand.

Lets hope for the salubrious growth of Indian Stock Market.

~Parineeta~

"Piyu Bole Priya bole kyaa e bole janoon naa....jiya dole haule haule kyon e dole janoon naa"








Parineeta---movie produced by Vidhoo Vinod Chopra is the adaptation from original Bengali classic by Sharat Chandra Chattopadhay. Last time i had heard of the bengali adaptation in the hindi movies was from Devdas by Sanjay leela Bansali also from the author.

When you adapt time-lasted classics into a movie, the movie is bound to be a hit. After all people have acceptable reason to go to the theatre; story being attractive.

Parineeta accounts on the "not so unfamiliar" love story between a rich boy and a poor girl. Saif Ali Khan being the lead actor and stunnily beautiful Vidya Balan as lead actress.The movie runs with the background of the city of Kolkata--City of Joy; undoutedly the most ornamental city of India. Those backdrops of Victorial Memorial and Howrah Bridge were used to give the feeling of "Kalkatta-an" touch on the movie.

Sanjay Dutt and Reema Sen are also influencing in the movie; so are the songs. Besides "Piyu Bole", there are "Kasto Maza","Soona Man ka Aagan","Kaisi Paheli Zindagani" to strike your eardrum with exuberant sensuality.

Financial Hub of India

City of Mumbai...erstwhile Bombay...derived from a portuguese name meaning "Good Bay"..has been devasted by the deluge, that poured over some 944 mm of water in about 21 hours; interestingly the megalopolis of India got the record of maximum amount of rainfall in the shortest span of time..overtaking the wettest village of Manipur, Cherrapunji.Now coming straight to the issue, Mumbai is what??..A city of around 15 million people, rightly regarded as the financial or commercial capital of India with its business accounting for India's half of the corporate tax collection.

Somedays back a poll was created in ET: which Indian city should be the commercial capital of India:
a) Mumbai

b) Bangalore

c) New Delhi

Now, this question seems significant as we have seen the great megalopolis of Mumbai, can be severely affected by the nature. The deluge that poured over Mumbai in the last week of July seemed to have brought this city to a standstill.

>>Somewhat around 1000 people got killed.
>>Around 1000 flights got cancelled
>>1.5 million people got stranded in the Mumbai's local trains.
>>Roads that use to carry the ambitions of the "never-say-die" Mumbaikars soon got flooded to the extent that the mumbaikars who are used to survive outdoors came out with ferries and boats.
>>Trains to the financial hub of India got invalidated.
>>Mumbai got cut-off from rest of the world.

Mumbai has the reputation of the city where Indian corporate world delivers things. Corporate Tax of Mumbai account for more than 50% of the total corporate tax collection in India. Again, Mumbai leads from the front in regards to the collection of commercial tax, IT and revenue income of the government.

Having stated those accomplishments of this city, let me come to the point of resource management. Some estimates suggest that a bit more than 5% of the total tax collection from Mumbai is actually spent in the infrastructural development of city itself.

India has conceived the ambition of having one of its cities as a regional financial hub, somewhere in the proximity of cities like Shanghai, London, Manhattan. If a city in India can carry forward that ambition , it is none other than Mumbai.In such a case, how much feasible does it stand to spend about 5% of total tax revenue of Mumbai in Mumbai itself??

"DATA DELUGE"
150 CEOs surveyed
80% Timely warning could have prevented losses
90% There are glaring gaps in infrastructure in big cities
81% Negligible part of taxes is invested in development
90% What happened to Mumbai could happen anywhere next
80% Amchi Mumbai is still the best!

These are the results of a survey conducted among some 150 CEOs of Corporate India about issues regarding weather warning, infrastructure of Mumbai, shifting the commercial capital tag to some other city.