Rameshwaram : Love story of a refugee


It is week end and again it is movie time. This time I went to watch a Tamil movie named “Rameshwaram”. The plot is simple; it is love that happens between a Sri Lankan refugee (Hero) and a native Indian Girl (Heroin). Movie lacks depth from the beginning. It has not shown the suffering of Sri Lankan Tamils sufferings nor the instances that leads to love between the Hero & Heroin, even the villains are projected are mere comedians. Hero Jeeva has tried hard to act, but lacks in all aspects like acting, dancing & even fighting. He did a good job in his previous movie Tamil M.A & RAM. But don’t know where it went wrong.

Also I think is unnecessary to showcase too much about Sri Lankan Tamils and there sufferings. I think it is not going to solve any purpose other than spoiling the image of Sinhalese who are always projected as villains. My rating for the movie would be 1.5 out of 5.

Finished reading 80/20 CEO


Just finished reading the book “80/20 CEO” by Mr. Shrinivas Pandit. Interview that happened between Mr.Pandid and Mr. Vaman Kamath has been published as a book. I’m a strong admirer of Mr.Kamath & still I had something to learn from the book. I see Mr.Kamath using lots of Jack Welch techniques. This book is more like a shorter version of Straight From the GUT, as Mr.Kamath’s experience or experiments are almost in the lines of how Jack Welch has done it. Like I said earlier, book covers the experience of a man who has rewritten rules and created a revolution in retail banking and there are things that we can carry along with us.

Best of luck.

Elizabeth: The Golden Age


Went to watch the movie Elizabeth directed by Shekar Kapur. I’m ardent fan of Mr.Kapur and there is not excuse to miss this movie. As far as the movie is concerned it is very well narrated, but as an Indian I’m not much aware of England’s history, so unable to catch up with the movie because it starts with Queen Elizabeth as queen. Though there was a small recap which Says it was an holy war between Spanish Catholic Ruler with Protestant ruled England, it was not explained in detail, director must have kept one thing in mind, English is no more with US or England, like wise English movies are also global and director must have considered to give a recap of incidents before going to the movie. Another arguable is the way Catholics are projected; I feel it is too much manipulated. I’d recommend those who are unaware of British History to read something about the movie before watching http://en.wikipedia.org/wiki/Elizabeth:_The_Golden_Age.

I’m really glad that Kapur has one again proved him & A.R.Rehman has done his part well. I’d rate the movie 4 out of 5.

10 Biggest Brain Damaging Habits


1. No Breakfast
People who do not take breakfast are going to have a lower blood sugar level. This leads to an insufficient supply of nutrients to the brain causing brain degeneration.

2. Overeating
It causes hardening of the brain arteries, leading to a decrease in mental power.

3. Smoking
It causes multiple brain shrinkage and may lead to Alzheimer disease.

4. High Sugar consumption
Too much sugar will interrupt the absorption of proteins and nutrients causing malnutrition and may interfere with brain development.

5. Air Pollution
The brain is the largest oxygen consumer in our body. Inhaling polluted air decreases the supply of oxygen to the brain, bringing about a decrease in brain efficiency.

6. Sleep Deprivation
Sleep allows our brain to rest. Long term deprivation from sleep will accelerate the death of brain cells.

7. Head covered while sleeping
Sleeping with the head covered increases the concentration of carbon dioxide and decrease concentration of oxygen that may lead to brain damaging effects.

8. Working your brain during illness
Working hard or studying with sickness may lead to a decrease in effectiveness of the brain as well as damage the brain.

9. Lacking in stimulating thoughts
Thinking is the best way to train our brain, lacking in brain stimulation thoughts may cause brain shrinkage.

10. Talking Rarely
Intellectual conversations will promote the efficiency of the brain.

Should P-Notes be scanned?


Indian markets are showing unprecedented growth & main reason behind this growth story is P-Notes in full called as Participatory notes

So what is a P-Notes?

To briefly explain, P-Notes are instruments which help unregistered Foreign Institutional Investors invest in Indian markets with the help of Registered Foreign Institutional Investors.

Mostly the identity of these investors is anonymous, thus it leads to possibility of terrorist misusing this privilege for creating wealth & for money laundering and leaving the markets more vulnerable.

I personally feel that we have used these P-Notes for getting more FII inflows & now it is time to regulate the markets.

All that glitters are not GOLD, that pretty much apply to P-Notes. So, I personally feel P-Notes must be scanned by SEBI(Securities and Exchange Board of India).

Show people what is in it for them? it works


A blind boy sat on the steps of a building with a hat by his feet. He
held up a sign which said: “I am blind, please help.” There were only a
few coins in the hat.

A man was walking by. He took a few coins from his pocket and dropped
them into the hat. He then took the sign, turned it around, and wrote
some words. He put the sign back so that everyone who walked by would
see the new words.

Soon the hat began to fill up. A lot more people were giving money to
the blind boy. That afternoon the man who had changed the sign came to
see how things were. The boy recognized his footsteps and asked, “Were u
the one who changed my sign this morning? What did u write?”

The man said, “I only wrote the truth. I said what u said but in a
different way.”
What he had written was:”Today is a beautiful day & I cannot see it.”

Do u think the first sign & the second sign were saying the same thing?
Of course both signs told people the boy was blind. But the first sign
simply said the boy was blind. The second sign told people they were so
lucky that they were not blind. Should we be surprised that the second
sign was more effective?

SO on this festival season lets promise to,
Be thankful for what we have. Be creative. Be innovative. Think
differently and positively. Invite the people towards good with wisdom.

Live life with no excuse and love with no regrets.

When Life gives us a 100 reasons to cry, show life that we have 1000
reasons to smile.

Creating Private Limited Company In India


Pre-requisites to incorporate a private limited Company in India by foreign citizens:

Step-1:
i) Obtaining Director Identification Number (DIN-1) for all the Directors of the proposed company.

Documents required – Passport of the applicant containing address of the applicant and passport size photograph.

If all the particulars are given, DIN-1 provisional number can be generated in half a day’s time.

DIN-1 application for foreign citizens require attestation by Notary of the country concerned.

Once the signed copy of physical form attested by notary of foreign country is sent to MCA Office, Noida, it will take a week’s time approx to get the number approved. Once approved by the MCA authority, provisional DIN-1 which has already been generated will be final.

ii) Obtaining Digital Signature for at least one Director of the proposed company.

It requires ID Proof, Address Proof and the applicant’s signature on the application form. It will take 2 to 3 days once the application is received duly filled in all respects.

Step-2:

Making online application to ROC for availability of Name in Form 1A.
The particulars required for making this application are:

-Name of the proposed company
-State in which the registered office of the proposed company will be situated
-Main Objects, in brief
-Names of Subscribers to the Memorandum of Association (it is nothing but, first shareholders of the company, who should sing MOA & AOA)
-Proposed Authorized Share Capital of the Company

This process will take 3 to 5 days approx.

Step-3:
Once the name is approved by ROC, then preparation of MOA, AOA, other forms & documents viz., Form 1, Form 18 & Form 32 along with other documents have to be done and filed with ROC.

Approximately it will take a week’s time to complete incorporation formalities.

Q : How many days we have to wait for this getting Name approval and registering ROC

Ans:- Name approval process will take 3 to 5 days. Entire Registration process will take Minimum 15 to 20 days provided all the information has been furnished promptly.

Q: If the director is registering for first Time can we apply without DIN? Or should we apply for DIN first?

Ans:- Applying for DIN is prerequisite before proceeding for registration of the Company

Q: What is “Subscribers to MOA”?

And:- It is nothing but, first shareholders (also known as promoters) of the Company, who should sign the Memorandum & Articles of Association.

Q: Can registration be done in any part of India?

And:- Place of registered office can be in any part of India. Depending upon place of registered office, registration has to be done in the respective State.

Q: Need details about all the forms

Ans:- These are Statutory forms which have to be filed for registration of the Company.
Form 1 – Contains details of promoters of the Company
Form 18 – About the place of registered office of the Company
Form 32 – About Directors of the Company

Q: Suppose 2 directors are non india citizens can they start the company?

Ans:- There is no objection for non Indian citizens to start a company in India and to act as Directors. But they have to appoint Alternate Directors representing them, to comply with the statutory requirement of convening quarterly Board Meetings and to take day to day decisions to run the company, signing other documents and forms for getting various registrations as applicable to the company. It is recommended to allot atleast 1 share each to 2 Indian citizens to comply with the statutory requirement of convening Annual General Meeting every year & EGM as and when required.

Q: Can we register the company without the directors coming to india?

Ans:-This is possible provided foreign citizens execute power of attorney in favor of Indian citizen attested by Notary/Magistrate in the Foreign Country. Then the authorized person can sign in the Memorandum & Articles of Association on behalf of foreign citizens.
More clarification on this point will be sent soon.

Q: Need more specific Breakup time frames like how long for name checkup, then the time for next process, also define total process involved like submitting forms to different departments etc?

Ans:- Entire incorporation process will take 15 to 20 days appox provided all the information has been provided immediately.

Subsequent to formation of the Company generally the following formalities have to be complied with:
a) Applying for PAN (Permanent Account Number) & TAN (Tax Deduction Account Number)
b) Opening of Bank Account
c) VAT & CST Registration, if applicable
d) Preparation of Common Seal & Share Certificates
e) Appointment of Auditors
f) PF Registration (applicable only if 20 or more employees are there)
g) Professional Tax Registration
h) Other Registrations & Licenses, such as Excise, Customs, STPI as applicable to the company

Mobile The Future Opportunity


Right now we are doing some research to explore opportunities in mobile technology, happened to come across this presentation done by bill gates which i wanted to share with you.

Adding my blog to technorati


Currently in the process of adding my blog to technorati. Folowing there instructions to list to Claim the blog.

You can check for my Technorati Profile

Management Decisions


This is one funny forward I got it from Aparnaa who blogs at http://lunchtime-arratai.blogspot.com/

Once PVNR (PV Narasimha Rao), L.K. Advani and Laloo Prasad Yadav were
travelling in an Auto Rickshaw. They met with an accident and all three of them died. Yama was waiting for this moment at the doorstep of death. He asks PVNR and Advani to go to HEAVEN. But, for Laloo, Yama had already decided that he should be sent to HELL. Laloo is not at all happy with this decision. He asks Yama as to why this discrimination is being made. All the three of them had served the public. Similarly, all took bribes, all misused public positions, etc. Then why the differential treatment? He felt that there should be a formal test or an objective evaluation before a decision is made and should not be just based on opinion or preconceived notions.

Yama agrees to this and asks all the three of them to appear for an English test.
1] PVNR is asked to spell “INDIA” and he does it correctly. Advani is
asked to spell “ENGLAND” and he too passes. It is Laloo’s turn and he is asked to spell “CZECHOSLOVAKIA”. Laloo protests that he doesn’t know
English. He says this is not fair and that he was given a tough question and thus forced to fail with false intent. Yama then agrees to conduct a written test in Hindi (to give another chance assuming that Laloo should at least feel that Hindi would provide an equal platform for all three).

2] PVNR is asked to write “KUTTA BOLA BHOW BHOW”. He writes it easily and passes. Advani is asked to write “BILLY BOLI MYAUN MYAUN”. He too passes. Laloo is asked to write “BANDAR BOLA GRRRRRR…..” Tough one. He fails again. Laloo is extremely unhappy. Having been a student of history (which the other two weren’t), he now requested for all the 3 to be subjected to a test in history Yama says OK but this would be the last chance and that he would not take any more tests.

3] PVNR is asked: “When did India get Independence?”. He replied “1947” and passed. Advani is asked “How many people died during the independence struggle?” He gets nervous. Yama asked him to choose from 3 options: 100,000 or 200,000 or 300,000.Advani catches it and says 200,000 and passes. It’s Laloo’s turn now.Yama asks him to give the Name and Address of each of the 200,000 who died in the independence struggle. Laloo accepts defeat and agrees to go to HELL.

Moral of the story: IF YOUR MANAGEMENT HAS DECIDED TO SCREW YOU, THERE IS NO ESCAPE.