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Category Archives: Inspiration

Top 100 Infotech Companies of the world

Posted on by Posted in Bay Area, Business, Cell Phones, Entrepreneurship, General, Inspiration, Marketing, Technology, USA Leave a comment

Atleast, I am there, working in one of them among the top 30-Oracle, placed at 22.

So, here is the list:

The InfoTech 100

Which companies are logging the strongest growth, which industries are the hottest, and how the winners are faring in a treacherous economic climate

How do you pick the best-performing tech companies in the world? At BusinessWeek, we sort through the financial results of 30,500 publicly traded companies and rank the tech players on four criteria: shareholder return, return on equity, total revenues, and revenue growth. The companies leading the list are those with the lowest aggregate ranking.

Amazon.com and Apple took the top two spots this year. Still, the dominance of U.S. companies is in decline: The country has 33 companies among the IT 100 this year, down from 43 in 2007. When we first started compiling the list in 1998 to rank tech’s top performers, 75 of the winners were U.S. companies.

NOTE: A more complete explanation of methodology is below the table.

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Click column heading once to reorder from highest to lowest. Click twice to reorder from lowest to highest.

Revenues Rev. Growth Return on Equity Shareholder Return Profits
Rank
 Company Name
 Industry*
 Country
 Millions
 Rank
 Percent
 Rank
 Percent
 Rank
 Percent
 Rank
 Millions
1 AMAZON.COM NET U.S. 15,955.0 23 39 29 35 22 28 29 508
2 APPLE COMP U.S. 28,747.0 15 33 39 24 44 74 10 4348
3 RESEARCH IN MOTION COMM Canada 5,765.9 55 66 8 33 24 152 1 1241
4 NINTENDO SOFT Japan 14,876.5 25 73 5 21 60 55 17 2289
5 WESTERN DIGITAL COMP U.S. 7,448.0 47 44 25 36 19 64 12 866
6 AMÉRICA MÓVIL TELE Mexico 28,761.5 14 33 40 46 10 10 56 5408
7 CHINA MOBILE TELE China 45,863.1 9 21 61 23 48 90 9 11780
8 NOKIA COMM Finland 73,344.4 6 24 55 49 8 8 60 10350
9 ASUSTEK COMPUTER COMP Taiwan 17,343.8 20 57 11 16 76 38 21 672
10 HIGH TECH COMPUTER COMP Taiwan 3,232.5 70 45 23 59 5 111 6 782
11 GOOGLE NET U.S. 18,116.1 18 51 16 19 70 22 36 4509
12 MTN GROUP TELE S. Africa 10,208.4 35 42 28 22 53 41 20 1480
13 IBM COMP U.S. 101,259.0 4 9 95 38 17 20 38 10893
14 MOBILE TELESYSTEMS TELE Russia 8,252.4 44 29 47 38 16 26 31 2072
15 TELEFÓNICA TELE Spain 81,077.0 5 7 98 44 11 16 44 12793
16 VIMPELCOM TELE Russia 7,164.6 49 47 20 27 32 19 39 1463
17 HON HAI PRECISION IND. COMP Taiwan 40,876.4 11 45 22 23 50 -3 82 1853
18 AT&T TELE U.S. 120,703.0 1 58 9 11 95 4 68 12564
19 ACCENTURE SVCS U.S. 23,276.6 16 19 65 69 3 -3 83 1450
20 LG ELECTRONICS COMP Korea 56,834.8 8 15 81 15 81 151 2 1307
21 BHARTI AIRTEL COMM India 4,605.8 61 58 10 35 20 11 55 1016
22 ORACLE SOFT U.S. 21,020.0 17 24 57 24 43 11 52 5088
23 MICROSOFT SOFT U.S. 57,954.0 7 17 76 44 12 -3 84 16419
24 MAROC TELECOM TELE Morocco 3,495.6 65 22 59 46 9 49 18 1020
25 TURKCELL ILETISIM HIZMETLERI TELE Turkey 6,328.6 52 35 35 23 47 34 24 1350
26 LG DISPLAY COMM Korea 15,267.5 24 35 33 16 78 17 41 1430
27 NHN NET Korea 686.3 100 56 12 40 15 59 14 160
28 COSMOTE MOBILE TELECOM. TELE Greece 4,396.1 63 28 49 53 7 17 43 519
29 MILLICOM INTL. CELLULAR TELE Lux. 2,630.6 77 67 6 34 23 12 50 439
30 HEWLETT-PACKARD COMP U.S. 107,671.0 2 14 83 21 61 11 54 7850
31 COMPAL ELECTRONICS COMP Taiwan 11,838.4 32 44 24 12 94 18 40 271
32 SISTEMA TELE Russia 10,862.8 34 43 27 18 71 10 57 813
33 ORASCOM TELECOM TELE Egypt 4,545.8 62 35 32 36 18 5 66 755
34 SAMSUNG ELECTRONICS SEMI Korea 104,791.6 3 15 80 12 93 25 32 7894
35 CHINA UNITED TELECOMMUNICATIONS TELE China 13,594.1 30 25 54 10 98 64 13 762
36 MOBINIL TELE Egypt 1,471.9 92 29 48 104 2 36 22 327
37 CARSO GLOBAL TELECOM TELE Mexico 16,154.6 22 7 97 43 13 4 70 1156
38 KONINKLIJKE KPN TELE Neth. 17,900.1 19 4 99 59 6 -3 81 3810
39 CISCO SYSTEMS COMM U.S. 37,684.0 13 18 72 25 41 -4 86 8069
40 WISTRON COMP Taiwan 6,843.4 50 34 36 19 69 17 42 165
41 MOBILE TELECOMMUNICATIONS TELE Kuwait 6,038.0 54 39 30 20 64 13 49 1154
42 ACTIVISION SOFT U.S. 2,608.2 78 88 2 15 82 35 23 286
43 REDECARD SVCS Brazil 984.6 97 305 1 135 1 0 78 385
44 CYPRESS SEMICONDUCTOR SEMI U.S. 1,695.6 87 43 26 26 36 23 34 378
45 ZTE COMM China 4,705.6 59 51 15 10 99 34 25 169
46 LENOVO GROUP COMP Hong Kong 14,590.2 27 10 94 14 86 91 8 161
47 TELEMAR NORTE LESTE TELE Brazil 9,645.8 39 4 100 20 67 111 5 1478
48 CORNING COMM U.S. 6,170.0 53 18 70 27 34 13 47 2852
49 PRICELINE.COM NET U.S. 1,390.8 93 24 56 27 33 129 4 157
50 TAIWAN SEMICONDUCTOR MFG. SEMI Taiwan 9,826.4 37 19 66 25 39 2 73 3932
51 DIGI.COM TELE Malaysia 1,304.8 94 19 63 67 4 30 28 318
52 QUANTA COMPUTER COMP Taiwan 16,645.6 21 12 87 18 72 13 48 400
53 AU OPTRONICS COMP Taiwan 9,074.1 40 35 34 4 100 16 45 282
54 AMPHENOL SEMI U.S. 2,970.7 73 16 77 30 29 32 26 373
55 REDINGTON INDIA DIST India 2,265.7 83 33 38 16 77 141 3 25
56 NAVTEQ SVCS U.S. 917.9 98 48 18 17 74 110 7 176
57 SEAGATE TECHNOLOGY COMP U.S. 12,553.0 31 13 85 35 21 -13 94 1644
58 INTEL SEMI U.S. 39,155.0 12 11 91 17 73 6 65 6783
59 NVIDIA SEMI U.S. 4,097.9 64 34 37 30 28 -6 88 798
60 ADVANCED INFO SERVICE TELE Thailand 3,263.9 67 19 68 22 56 32 27 490
61 VMWARE SOFT U.S. 1,505.3 91 81 3 15 83 28 30 220
62 TRANSCEND INFORMATION SEMI Taiwan 810.5 99 55 13 29 31 7 61 75
63 SAP SOFT Germany 14,610.6 26 9 96 30 30 -7 89 2778
64 L-3 COMMUNICATIONS HLDGS. COMM U.S. 14,167.0 28 10 93 13 89 25 33 786
65 INDRA SISTEMAS SVCS Spain 3,113.8 71 54 14 21 58 -1 79 212
66 RELIANCE COMMUNICATIONS TELE India 4,707.6 58 11 89 24 45 21 37 1350
67 QUALCOMM COMM U.S. 9,678.0 38 18 71 22 54 0 77 3463
68 MEMC ELECTRONIC MATERIALS SEMI U.S. 1,982.8 86 21 60 33 25 15 46 650
69 BOUYGUES TELE France 42,538.8 10 12 88 20 66 -14 95 1977
70 DIGITAL CHINA HOLDINGS DIST China 3,259.9 68 28 50 11 97 56 15 27
71 ACER COMP Taiwan 11,426.4 33 16 78 14 87 11 51 316
72 HARRIS COMM U.S. 5,085.4 56 26 53 19 68 6 63 410
73 CHICONY ELECTRONICS COMP Taiwan 1,089.4 96 19 64 25 42 46 19 47
74 WIPRO SVCS India 4,634.6 60 30 44 25 40 -14 96 806
75 YAHOO! JAPAN NET Japan 2,330.8 81 23 58 25 38 11 53 557
76 POWERCHIP SEMICONDUCTOR SEMI Taiwan 2,855.0 74 79 4 22 57 -24 99 846
77 MANTECH INTERNATIONAL SVCS U.S. 1,578.9 88 37 31 13 92 56 16 74
78 EMC COMP U.S. 13,725.3 29 19 69 13 90 1 75 1622
79 NEUF CEGETEL TELE France 4,809.6 57 16 79 16 80 23 35 379
80 BOE TECHNOLOGY GROUP COMM China 1,511.5 90 27 51 15 84 67 11 93
81 TPV TECHNOLOGY COMP China 8,455.1 43 18 74 15 85 9 58 180
82 INVENTEC COMP Taiwan 7,958.3 45 29 46 16 75 -12 93 175
83 FOXCONN TECHNOLOGY COMP Taiwan 2,444.6 80 67 7 22 55 -27 100 197
84 SAIC SVCS U.S. 8,935.0 41 11 92 20 63 4 67 386
85 TOKYO ELECTRON SEMI Japan 7,578.5 46 26 52 20 65 -18 98 812
86 DELTA ELECTRONICS COMM Taiwan 3,257.3 69 30 45 23 51 -4 85 351
87 AUTOMATIC DATA PROCESSING SVCS U.S. 8,569.1 42 14 84 21 62 1 76 1130
88 ADVANCED SEMICONDUCTOR ENG. SEMI Taiwan 3,108.9 72 20 62 26 35 -2 80 539
89 ROGERS COMMUNICATIONS TELE Canada 9,915.1 36 15 82 14 88 7 62 624
90 UNITED INTERNET NET Germany 2,136.7 84 17 75 41 14 3 71 219
91 SATYAM COMPUTER SERVICES SVCS India 2,118.7 85 31 43 23 46 3 72 422
92 NAN YA PCB COMM Taiwan 1,156.8 95 48 19 25 37 -8 90 317
93 NANYA TECHNOLOGY SEMI Taiwan 2,312.8 82 49 17 23 52 -17 97 539
94 ADOBE SYSTEMS SOFT U.S. 3,398.9 66 32 42 21 59 -10 91 799
95 HCL TECHNOLOGIES SVCS India 1,517.4 89 33 41 32 26 -11 92 330
96 TD AMERITRADE HOLDING NET U.S. 2,793.0 76 11 90 31 27 6 64 787
97 NIKON SEMI Japan 7,319.1 48 13 86 16 79 9 59 488
98 NIDEC COMP Japan 6,601.4 51 18 73 13 91 4 69 366
99 COMMSCOPE COMM U.S. 2,500.4 79 46 21 11 96 2 74 148
100 INTUIT SOFT U.S. 2,851.6 75 19 67 23 49 -5 87 424

NOTES: *INDUSTRIES: Dist=Distributors, Comm=Communications equipment, Comp=Computers and peripherals, Net=Internet companies, Semi=Semiconductors, Soft=Software, Svcs=Services, Tele=Telecommunications †Total return is for less than one year

METHODOLOGY AND GLOSSARY: To compile the information for the Infotech 100, BusinessWeek began with financial data from Standard & Poor’s Compustat, a division of The McGraw-Hill Companies that has computerized data on over 30,500 publicly traded corporations. We trimmed this universe to information-technology companies. To qualify, companies had to have revenues of at least $300 million.

We divided this collection of about 800 companies into eight industry categories, such as software and semiconductors. Companies whose stock price has dropped more than 75%, whose sales shrank, or where other developments raised questions about future performance were eliminated from contention. We also dropped some phone companies whose monopoly or near-monopoly power gives them an unfair advantage over competitors. The remaining group of companies was ranked on four criteria: return on equity, shareholder return and revenue growth (which were given equal weight), and total revenues (which were weighted). The rankings for each company were added together, and those with the lowest aggregate score topped the list. Then the top 100 companies were reranked as a group.

Revenues Latest available revenues for the most recent 12-month period for U.S. companies and the latest annual revenues for non- U.S. companies. Includes all sales and other operating revenues.

Revenue Growth Percentage change in revenues compared with the previous corresponding year-ago period, in native currency.

Return On Equity Net income available for shareholders divided by common equity, in native currency.

Total Return The total return to shareholders, including dividends for the 12 months ended April 30, 2008.

Profits Latest available profits for the last 12-month period for U.S. companies; the latest annual profits for non-U.S. companies. Net income from continuing operations before extraordinary items.

Note: Data compiled by Standard & Poor’s from sources such as statistical services, registration statements, and company reports that S&P believes to be reliable but are not guaranteed by S&P or BusinessWeek as to correctness or completeness. This material is not an offer to buy or sell any security.

The Best Management Lesson

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I happened to read this wonderful post. So, sharing it with you:

 

This excerpt is taken from the speech of Former President of India APJ Abdul Kalam given at Wharton India Economic forum in Philadelphia on March 22,2008.

A Leader Should Know How to Manage Failure

Question: Could you give an example, from your own experience, of how leaders should manage failure?

Kalam: Let me tell you about my experience. In 1973 I became the project director of India’s satellite launch vehicle program, commonly called the SLV-3. Our goal was to put India’s “Rohini” satellite into orbit by 1980. I was given funds and human resources — but was told clearly that by 1980 we had to launch the satellite into space. Thousands of people worked together in scientific and technical teams towards that goal.

By 1979 — I think the month was August — we thought we were ready. As the project director, I went to the control center for the launch. At four minutes before the satellite launch, the computer began to go through the checklist of items that needed to be checked. One minute later, the computer program put the launch on hold; the display showed that some control components were not in order. My experts — I had four or five of them with me — told me not to worry; they had done their calculations and there was enough reserve fuel.

So I bypassed the computer, switched to manual mode, and launched the rocket. In the first stage, everything worked fine. In the second stage, a problem developed. Instead of the satellite going into orbit, the whole rocket system plunged into the Bay of Bengal. It was a big failure.

That day, the chairman of the Indian Space Research Organization, Prof. Satish Dhawan, had called a press conference. The launch was at 7:00 am, and the press conference — where journalists from around the world were present — was at 7:45 am at ISRO’s satellite launch range in Sriharikota [in Andhra Pradesh in southern India]. Prof. Dhawan, the leader of the organization, conducted the press conference himself.

He took responsibility for the failure — he said that the team had worked very hard, but that it needed more technological support. He assured the media that in another year, the team would definitely succeed. Now, I was the project director, and it was my failure, but instead, he took responsibility for the failure as chairman of the organization.

The next year, in July 1980, we tried again to launch the satellite — and this time we succeeded. The whole nation was jubilant. Again, there was a press conference. Prof. Dhawan called me aside and told me, “You conduct the press conference today.”

I learned a very important lesson that day. When failure occurred, the leader of the organization owned that failure. When success came, he gave it to his team. The best management lesson I have learned did not come to me from reading a book; it came from that experience.

What a fantastic management lesson !

Courtesy: http://trak.in/tags/business/2008/06/02/best-management-lesson/

Learning from legends

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I read a good and nice post at one of the blog here. Being a big fan of Warren Buffetm, I thought of sharing it here too.

I saw a great interview of Bill Gates and Warren Buffett at the University of Nebraska last week. I have not spent much time consuming Warren Buffett-isms over the years, but I was duly impressed with his wisdom, so while I was at it, I watched three other interviews of his with Charlie Rose. Here are some of the highlights:

Buffett On Ethics: Imagine that what you are doing every day is being scrutinized by a smart, skeptical reporter who is going to write an article about it every day on the cover of your local paper. If you ever think you actions would embarrass you or your company in front of your family, customers, peers, etc., don’t do it.

Buffett On Founders: I only buy a business if I can buy the managers with it. It is okay if the managers love the money, but much more important is that they demonstrate a true love of what they are doing.

Gates on Reading Vacation: Gates takes two weeks per year where he sequesters himself for a “reading vacation.” He takes books with him and papers/proposals written by employees from all over Microsoft. [Dharmesh and I have been talking about doing one of these for awhile, but haven't got around to it yet]

Buffett on Decisions: Asset allocation is done by me only, not by committee or vote, I make those decisions. A committee/vote would tend to bring our decisions toward the mean and make the likelihood of finding a unique opportunity lower.

Buffett & Gates on Reading: I was surprised to hear how much they both talked about reading and how important reading was to their daily work. I read all the time and know many others that do so too, but I don’t hear people talking about how important reading is in their daily lives like these guys did. When asked if Gates could be a superhero, what power he’d want to have, he said he’d like to be able to be the fastest reader in the world and Buffett agreed.

Buffett on most his important skill: Ability to focus. I thought that it was interesting to hear in light of the attention deficity disorder going on in our culture.

Buffett on the “ovarian lottery”: Called himself lucky over-and-over again to be born in the US in this era where his natural gifts were well suited for our society. Made a comment that if born several hundred years earlier, he and Gates probably would have been some other animal’s lunch because they did not see well and could not climb trees well.

Buffett on predicting success: He quoted an interesting study he had seen that tried to correlate “things” (i.e. business school, grades, athletics, etc.) with future business success. The study found that the thing that most closely correlated with future success was the inverse of the age at which you started your first business (i.e. paper route, lemonade stand, painting co, other).

Buffett on baseball: It turns out Buffett is a huge sports fan, especially baseball. He is an especially big fan of Ted Williams’ book “The Science of Hitting” which is all about getting a pitcher in a position where he has to throw the batter a strike…He likens his investment decisions as “waiting for the right pitch.”

Buffett on his schedule: Likes to keep it open and says “no” to as many meetings as possible. Reads 80% of the workday. When he goes home at night he either keeps reading or plays bridge. Schedules online bridge games on the weekends with Gates.

Gates on his schedule: Jam packed every day with meetings. He goes home at night to have dinner and then gets caught up on emails.

Buffett’s career advice: It’s platitude, but do what you love sooner, rather than later. Don’t wait your whole life to do what you love like most people do.

Buffett on life: He advises people to make decisions based on their “inner scorecard” and pay less attention to the “outer scorecard” (i.e. what other people think). He says if you follow an outer scorecard, your life will be a little hollow when you get to be his age. …He advises people to reverse engineer their lives from what they want to be when they are 70 and map the steps needed to get there from today.

Buffett on friends: Buffet says that “real” friends are a referendum on your life. …Buffett also seems to reject the platitudes around working with friends as it appears many of his closest friends are people who work in his business.

Buffet on investments: His criteria are that he must fundamentally understand the business (often this means it is simple); the business must have an enduring competitive advantage; the business must have management he trusts, admires, and love what they do; and the business must be attractively priced.

After spending several hours listening to Warren Buffett over the last week, I became really impressed. I hope you enjoyed the highlights…

– Brian Halligan.

Source and Courtesy: http://blog.hubspot.com/blog/tabid/6307/bid/41/Learning-From-The-Legends-Quick-Insights-From-Buffett-and-Gates.aspx

Compilation of Dhirubhai Ambani’s Famous Quotations

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1. True entrepreneurship comes only from risk-taking.
2. Pursue your goal, even in the face of difficulties. Convert difficulties into opportunities. Keep your morale high, in spite of setbacks. At the end you are bound to succeed.
3. My advice to young entrepreneurs is not to accept defeat in the face of odds. Challenge negative forces with hope, self-confidence and conviction. I believe that ambition and initiative will ultimately triumph. The success of the young entrepreneur will be the key to India’s transformation in the new millennium.
4. Dhirubhai will go one day. But Reliance’s employees and shareholders will keep it afloat. Reliance is now a concept in which the Ambanis have become irrelevant.
5. I have trusted people and they have put their trust in me. I have encouraged youth, and they have never let me down. I have asked my people to take initiative and to take risks. It has paid me rich dividends. I insist on excellence. This helps us to be leaders. Reliance is built on some of these principles.
6. The secret of Reliance’s success was to have ambition and to know the minds of men.
7. Growth has no limit at Reliance. I keep revising my vision. Only when you dream it you can do it.
8. The problem with Indians is that we have lost the habit of thinking big!
9. We can prove to the world that India can do it. That Indians are not afraid of competition. That India is a nation of achievers.
10. I dream India of becoming a great economic superpower.
11. We must forge a new partnership for a great India. A strong and constructive partnership between industry, government and society.
12. We must always go for the best. Do not compromise on quality. Reject if it is not the best — not only the best in India, but globally.
13. If India wants to be a great nation, we must have courage to trust. This is my sincere belief.
14. All we have to do is to break the shackles that chain the energies of our people, and India’s economy will record a quantum leap and move into a new, higher orbit of growth, competitiveness and productivity.
15. I can never fully repay the debt I owe to Mumbai. To all of you. My past was shaped in Mumbai.
16. For those who dare to dream, there is a whole world to win!
17. I am deaf to the word ‘no.’
18. I am 100 per cent pro-liberalisation. I do not think any industrialist is against it. But we should protect our industries, from unfair competition.
19. There is no question about that (retirement). Business is my hobby. It is not a burden to me. In any case Reliance now can run without me.
20. I give least importance to being Number one. I consider myself to be fortunate in this position and would like to contribute to nation building in some way.
21.Does making money excite me? No, but I have to make money for my shareholders. What excites me is achievement, doing something difficult. In this room extraordinary things must happen.
22. Think big, think fast, think ahead. Ideas are no one’s monopoly.
23. Our dreams have to be bigger. Our ambitions higher. Our commitment deeper. And our efforts greater. This is my dream for Reliance and for India.
24. First and foremost, I owe my success and achievements to the affection, friendship and trust of millions of employees, customers, shareholders, and business associates, who have stood by me and been a major source of my strength all along.
25. I believe that the success of Reliance cannot be attributed to the qualities and achievements of one individual, or even a group of individuals, but has to be viewed as a triumph of a process, and a spirit that binds the entire Reliance family together.
26. I consider myself a pathfinder. I have been excavating the jungle and making the road for others to walk. I like to be the first in everything I do.
27. I, as school kid, was a member of the Civil Guard, something like today’s NCC. We had to salute our officers who went round in jeeps. So I thought one day I will also ride in a jeep and somebody else will salute me.
28. My fulfillment lies in the satisfaction of every member of the Reliance family, comprising thousands of workers, managers, business associates and over five million shareholders. Being instrumental in creating wealth for over 5 million India families, and bringing prosperity and well being to their life is the best source of satisfaction and joy for me.
29. Give the youth a proper environment. Motivate them. Extend them the support they need. Each one of them has infinite source of energy. They will deliver.
30. You do not require an invitation to make profits.
31. If you work with determination and with perfection, success will follow.
32. Between my past, the present and the future, there is one common factor: Relationship and Trust. This is the foundation of our growth.
33. We bet on people.
34. Meeting the deadlines is not good enough, beating the deadlines is my expectation.
35. Don’t give up, courage is my conviction.
36. We cannot change our rulers, but we can change the way they rule us.
37. Roll up your sleeves and help. You and your team share the same DNA.
38. Be a safety net for your team.
39. Always be the silent benefactor. Don’t tom-tom about how you helped someone.
40. Dream big, but dream with your eyes open.
41. Leave the professional alone!
42. Change your orbit, constantly!
43. Money is not a product by itself, it is a by-product, so don’t chase it.

The power of Imagination

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Well, the power of Imagination is very big. From my personal front, I have always believed and continue to believe that whatever we do and whatever happens starts very much from our minds. There is a possibility that we may sometimes give up due to some unavoidable situations but LIFE is great and it always give us opportunities to see our dreams as reality but we only ignore them. So, guys we have to dream and live to our dreams to see a better future for our country. One might think, how all of a sudden I thought of this notion. It was not sudden as when I saw the movie “Nanhe Jaisalmer“, I truly felt like that young guy. By my feeling, I don’t mean that I am a great fan of some celebrity or anything as such but yes, I am passionate about my dream and I could feel the frustration and enjoyment of the dream and imagination of a young guy from Jaisalmer in the movie. I would recommend everyone to watch this movie of they are living for a dream to make it a reality.
I would like to make this post short as I know I have said a lot of things which my friends don’t like but I support them and I am going to continue in my beliefs. So, I am ending this post with the starting and ending caption of the movie:

If you want some thing then you have to believe in it and if your belief is strong you will achieve it. – Samir Karnik

IMAGINATION IS A POWER YOU CANNOT IMAGINE……

India 2nd least globalised economy

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Well, today I have decided to have two posts on a single day. Probably, this is the second occasion on which I will be having two posts on a single day. Though, this one was previously planned but the latter one was never.
Today’s first post is going to bring the real picture of India and its economy. Well, yesterday I went through an article which ranked India 2nd least Globalised Economy among the 72 countires and I am strongly in the support of the survey. I am not denying the fact that we are growing at 8%, our share market is just running BULL like anything, there are at least 20 CEOs who draw a salary in crores, we have now the third richest person from our country, we are earning in lakhs per annum after graduating from IIMs, IITs and IIITs but the fact is still our majority of population lives in the rural areas, we do not have roads reaching there, there are many places where people need to know what is a mobile. I have always said no MNC, in fact, nobody can ever come to us to change us, we have to do it from ourselves. We, Indians, have to change and I feel no IT nor any industry can have an effect on us unless we try to drag our brothers and sisters.
The complete article is as below:

Amid all the hoopla around India emerging as one of the world’s fastest growing economies and figuring in the list of the most attractive destinations being eyed by the World Inc, the country has been named as the second least ‘globalised’ nation.

International consultancy and research firm AT Kearney has ranked India at the 71st position in its annual ranking of the world’s most globalised nations, AT Kearney and Foreign Policy Globalisation Index 2007.

The list of 72 countries is topped by Singapore for the third consecutive year, followed by Hong Kong, the Netherlands, Switzerland and Ireland in the top five. India fell 10 places from its 61st position in 2006.

The country was placed at the second bottom position last year as well in a list of 62 nations. This year 10 countries have debuted on the index and all of them have come at ranks higher than India.

AT Kearney said that India’s low position is despite the country’s services export and the total trade rising by more than a third.

“India’s standing as a premier offshoring destination with a booming economy often masks the fact that 70 per cent of its population lives in rural areas,” the joint report by global consulting firm A T Kearney and US-based magazine Foreign Policy said.

Despite a doubling of Internet users in 2005, only five per cent of India’s population had access to the Internet and less than half of its population was attached to the power grid, it noted.


Courtesy: Rediff.com

WISDOM OF Warren buffet

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Warren Buffett, Chairman of Berkshire Hathaway, is arguably the world’s greatest investor and the third richest man with a net worth exceeding $52 billion (Rs 213,200 crore). Also known as The Sage of Omaha, he is also full of wisdom and wit. Here are some of his gems of advice for investors who look at the stock market to make a fortune, culled from various publications, his speeches and writings:

  1. Never invest in a business you cannot understand.
  2. Always invest for the long term.
  3. Remember that the stock market is manic-depressive.
  4. Buy a business, don’t rent stocks.
  5. Price is what you pay. Value is what you get.
  6. Stop trying to predict the direction of the stock market, the economy, interest rates, or elections.
  7. I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
  8. Wall Street is the only place that people ride to in a Rolls-Royce to get advice from those who take the subway.
  9. Buy companies with strong histories of profitability and with a dominant business franchise.
  10. It is optimism that is the enemy of the rational buyer.
  11. As far as you are concerned, the stock market does not exist. Ignore it.
  12. The ability to say ‘no’ is a tremendous advantage for an investor.
  13. If you’re doing something you love, you’re more likely to put your all into it, and that generally equates to making money.
  14. My idea of a group decision is to look in the mirror.
  15. Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well.
  16. The smarter the journalists are, the better off society is.
  17. Success in investing doesn’t correlate with IQ once you’re above the level of 25. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.
  18. Diversification is a protection against ignorance. It makes very little sense for those who know what they’re doing.
  19. You’re neither right nor wrong because other people agree with you. You’re right because your facts are right and your reasoning is right – that’s the only thing that makes you right. And if your facts and reasoning are right, you don’t have to worry about anybody else.
  20. There seems to be some perverse human characteristic that likes to make easy things difficult.
  21. In the short run, the market is a voting machine but in the long run it is a weighing machine.
  22. It’s only when the tide goes out that you learn who’s been swimming naked.
  23. Somebody once said that in looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if they don’t have the first, the other two will kill you. You think about it; it’s true. If you hire somebody without the first, you really want them to be dumb and lazy.
  24. There are three kinds of people in the world: those who can count, and those who can’t.
  25. It takes 20 years to build a reputation and five minutes to lose it.
  26. The first rule is not to lose. The second rule is not to forget the first rule.
  27. Wide diversification is only required when investors do not understand what they are doing.
  28. Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.
  29. We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
  30. Our favourite holding period is forever.
  31. If past history was all there was to the game, the richest people would be librarians.
  32. Why not invest your assets in the companies you really like? As Mae West said, ‘Too much of a good thing can be wonderful.”
  33. Your premium brand had better be delivering something special, or it’s not going to get the business.
  34. You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right.
  35. We do not view the company itself as the ultimate owner of our business assets but instead view the company as a conduit through which our shareholders own assets.
  36. Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of earnings that is not reportable by us under standard accounting principles than to purchase $1 of earnings that is reportable.
  37. Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market.
  38. The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price.
  39. Risk can be greatly reduced by concentrating on only a few holdings.
  40. Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.
  41. Lethargy, bordering on sloth should remain the cornerstone of an investment style.
  42. An investor should act as though he had a lifetime decision card with just twenty punches on it.
  43. An investor needs to do very few things right as long as he or she avoids big mistakes.
  44. Turnarounds’ seldom turn.
  45. The advice ‘you never go broke taking a profit’ is foolish.
  46. It is more important to say ‘no’ to an opportunity, than to say ‘yes.
  47. It is not necessary to do extraordinary things to get extraordinary results.

Here is a very good video of Warren Buffet given at University of Florida, worthy of watching here.

Chak Diya India…

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Team India won the first T20 World Cup beating arch-rivals Pakistan yesterday. It was a great match worthy of watching and in fact one of the proudest moments for the Indians for all around the globe. The biggest achievement of this world cup is the complete Indian team is young and they are the people who believed in themselves and they gave enough proofs of this right from the match against South Africa to Australia to Pakistan. I too believe strongly in what Dhoni said at the end of the match “I think the guys think they can win and they did it”. Individuals can create milestones but teams can create HISTORY. We did not have the three pillars of the present Indian Cricket-Sachin Tendulkar, Rahul Dravid and Sourav Ganguly but still we did it due to some great team performance.
I watched the match at my office and I enjoyed every moment of it with all my 100-200 odd colleagues around. We jumped, screamed and shouted with the every fall of the Pakistan;’s wicket. This became my one of the memorable moments of my life.
[youtube=http://www.youtube.com/watch?v=gcgXjPRNToI">

Mir Ranjan Negi-The Real SRK of Chak de…

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Well, guys we have a real hero in “Mir Ranjan Negi“, the character of whom, was played by SRK in the recent blockbuster movie “Chak de India”. Its a privilege to know such people and it requires a lot of courage to be a real WINNER. So, here is a small article on him from Rediff.com:

Shah Rukh Khan is reaping the rewards of playing it differently.

At a time, when the nation seems gripped by cricket, the actor has chosen to play coach of an Indian women’s hockey team in the just-released Chak De! India.

A story of shame, disillusionment, and glory at last, has hit the right note critically. A tale of how we forget our heroes and continue to condemn accidentally-perceived villains.

It belongs to a soft-spoken man from Indore, who was sentenced to 16 years of misery and national censure only because he chose not to speak.

Pakistan beat India 7-1 in the final of the 1982 Asian Games. The blame for the collective loss came on one man — Mir Ranjan Negi.

For a nation looking to make sense, the shocking result, after India started as favourites, the most damning thought took root. Someone raised his hand, pointed a finger at Negi and labelled him a traitor.

‘He was offered one lakh for every goal he let in,’ said the Hindi edition of the now defunct newspaper Blitz, concluding that the Indian goalkeeper sold himself for seven lakh rupees.

There was no defence from Negi. His teammates, though Negi assures, stood by him, did not defend him either. The Indian hockey Federation, embarrassed by the whole situation, dropped the goalkeeper like a hot potato. The allegations were thus justified.

“Wherever I went people used to say, ‘Oh! you are the one who took money’,” recalls Negi.

He never again wore the India colours. His house was attacked. Mid-way through his wedding ceremony in Indore, power was cut-off and the rest of the function took place in darkness.

“I cannot tell you what I went through at that time. I was scared to go out of my house. I grew a beard so that people would not recognise me. My relatives would take me around and introduce me as a national goalkeeper, they did it all innocently not knowing how much it hurt me.”

But the soft-spoken man lived with that hurt for 16 years, never once abandoning the game that was the cause of his downfall.

Then, one day, came a reprise came in the form of an offer to coach the Indian goalkeepers for the 1998 Asian Games. As fate would have it, India won the men’s gold after beating South Korea via the penalty shoot-out. Ashish Ballal, who was not in the goalkeepers’ camp and who had been brought in on Negi’s insistence, emerged hero.

Negi then went on to help the women’s hockey team win the gold medal in 2003 Afro-Asian Games.

But, still, none of all this success vindicated him more than the movie Chak De! India has.

After facing the fury of the nation, none could have moved the country more than a film, India’s biggest mass medium, on Negi’s despair and eventual triumph.

“But I don’t think the movie covers even 10 per cent of what I went through,” says Negi, who not only coached the hockey players to help them play their part to perfection, but helped the filmmakers with visualising and making the story-boards.

Even so, “It is Shah Rukh Khan’s film,” he insists. “I don’t want to be a hero.”

Courtesy: rediff.com

Chak de…

Posted on by Posted in Films, Inspiration, Views 3 Comments

So, finally I saw the Bollywood Movie “Chak de India“. I did stop watching movies in the past and after a long time, I saw this movie. The theme of the movie was too good. An attempt to revive the glory of the national sports, Hockey. A very well made and deserving movie to made to Oscar library. I won’t do justice if I don’t mention Preeti Sabarwal, the most beautiful face of the Bollywood, launched this year. In fact, even I was bowled over by her beauty, attitude (the way she handled the rediff chat)and acting.
But the most important thing is: I was touched by the basics of the movie as I could very much relate my life with it; but not to forget I am yet to go a long way more. At the personal level, I simply loved the movie and I highly recommend it for home collection. I also loved the title track of Movie-Kuch Kariye. But before that, here are the some points that I would like to bring in front of my readers:

1. “Never give up”: The film was able to put an exemplary case in front of us. If we want it and work hard towards it, then we can definitely get it. Try till the end and the end will be yours to make a history.
2. “Dare to dream”: This is very important. Few among us dare to dream and most importantly, dare to chase our dreams. It is a fact of our lives- When we start growing, we think ourselves to be like somebody, to do something which will leave a footprint for others to follow-we study hard for it, then get into some job; start earning money, get married, then there comes the responsibilities and somehow we tend to lose our dreams and get into the cobweb of rat race. I have not attended any rat race game of orientation program of Famous “You Can Win” Author Shiv Khera and so does not what he teaches in that program. But my dear friends, this world is conquered by those people who break out of this rat race. I still remember one of the statements made by my senior friends-”Welcome to the Rat Race” when for the first time I entered this IT industry.
3. “Point to Prove”: We always set ourselves goals for us. But if we look at them, they are mostly realistic goals. If you watch the movie, there is a statement made by Shahrukh Khan when being questioned that this women team can never win the world cup: “That is the thing that has to be done”. So, we tend to break the rules and become a rebel to see the different world, the world which we see when we were some children. Normally, what happens in our lives is “We tend to lose our dreams in order to prove some points to the society, to the people, to our families”. We can do the same through our dreams but in this case, the approach will be different. We chase our dreams to prove a point and not the other way around where we chase the statements of other people to prove a point. There is a big difference between the two and we need to understand it.

So, guys LIFE IS A STRUGGLE and we have to CHASE OUR DREAMS to PROVE POINTS and it can’t be well said without the video clip and the lyrics of the title song with its captions as below:

1. The captions:

Sometimes winning is everything
Take a stand; Now or never
Choose a high;
Leave a mark; Now or never
Kill doubt
Stand for something; Prove something
Make waves
Never say die
Live your dream; Conquer your fears
Take a risk; Erase boundaries
Beat the odds; Trust your instincts
Take up a challenge; Never give up
Prove yourself; Own your words
Right a wrong; Dare to dream
Push the limit; Play with pride
Wake the spirit; Go for glory
Tougher the better; Face your demons
It’s your time; Taste victory

The Lyrics:

kuch kariye
kuch kariye
nuss nuss meri khaule…
hoye kuch kariye
kuch kariye
kuch kariye
buss buss bada bole…
ab kuch kariye
ho…
koi to chal zidd fariye
doobe, kariye ya mariye
haye..
koi to chal zadd fariye
doobe, kariye ya mariye
chak de…
ho chak de india
chak de…
ho chak de india

nowhere to run nowhere to hide
this is the time to do it now

goonjon mein galiyon mein
ration ki phalliyon mein
mahalon mein beejon mein
id-on mein teej-on mein
raeton ke daano mein
filmon ke gaano mein
sadkon ke gaddon mein
baaton ke addon mein
hunkara aaj bhar lein
dus baarah baar kar lein
rehna na yaar peeche
kitna bhi koi kheenche
tass hai na
mass hai ji
zidd hai to ho
zidd hai ji
pisna yuhin
pisna yuhin
pisna yuhin
bas kariye….
koi to chal zidd fariye
doobe, kariye ya mariye
haye..
koi to chal zidd fariye
doobe, kariye ya mariye
chak de…
ho chak de india
chak de…
ho chak de india

nowhere to run nowhere to hide
this is the time to do it now

ladtee patangon mein
bhidti umangno mein
khelon ke melon mein
balkhati railon mein
ganno ke meethe mein
phakkar mein cheente mein
dhundo to mil jaaye
patta wohi jo mein
rang aisa aaj nikhre
aur khul ke aaj bikhre
mann gaaye aisi boli
rugg rugg mein jal ke boli
tass hai na
mass hai ji
zidd hai to
zidd hai ji
pisna yuhin
pisna yuhin
pisna yuhin
bas kariye….
koi to chal zidd fariye
doobe, kariye ya mariye
haye..
koi to chal zadd fariye
doobe, kariye ya mariye
chak de…
ho chak de india
chak de…
ho chak de india

The Video:

And remember, this applies to all individuals who have dreams through which they want to prove something to this world. So, Chak De and lets chase our dreams with utmost honesty and sincerity…