Bad + Puppet Leaders of India – Economic Policy Shunted – Emergence of Social Leaders

by

The World’s Largest Democracy saw emergence of Citizen Social Leaders in the Past 6 Months and have managed to build a massive base of 6% and growing by the day fighting the disease of corruption engineered by the mentally ill Government officers and Politicians. According to leading Political Journalists and Observers in Mumbai and Delhi, the shift of confidence by Indians is towards this new class of Citizens / Social Activists and this is because of loss of public trust in the political establishment,

Read moreBad + Puppet Leaders of India – Economic Policy Shunted – Emergence of Social Leaders

Baba Ramdev Comes Clean on Income + Assets – Opens Balance Sheet

by

World’s Renowned Yoga Guru who has criticized the Corrupt Central Government led by Congress came clean on displaying his Balance Sheet of all the Companies that are under his control. The Government under Dr. Manmohan Singh has not yet revealed information on Black Money and Corrupt Politicians / Bureaucrats nor acted putting the World’s Largest Democracy in Shame.

Baba Ramdev’s Official Website DivyaYoga.Com is cracking due to heavy Traffic. We are Mirror Hosting his

Read moreBaba Ramdev Comes Clean on Income + Assets – Opens Balance Sheet

Categories /

B-1 Visa Investigation to cost Infosys + TCS + Wipro

by

Infosys has received a subpoena from a Grand Jury in the US District Court (DC) for the Eastern District of Texas. The subpoena requires Infosys to provide documents and records related to its sponsorships for and uses of B1 visas.

You should recall that Senator Grassley had, in a letter to DoS and DHS (April 14, 2011), questioned the “B-1 in lieu of H-1B” policy, stating that it may be misused to evade the H-1B visa cap, referencing the Palmer vs. Infosys case.

Read moreB-1 Visa Investigation to cost Infosys + TCS + Wipro

Is SpeakAsia the Ponzi scheme like Madoff ?

by

There is very famous proverb in Gujarati literature that “The cheaters are never starved wherever the misers dwell”. Nowadays the name of “Speak Asia” has not only become talk of the nation but it is selling like a hot cake. This company has launched very lucrative scheme to fish out innocent investors as it offers Rs. 1000 return every week if they invest Rs. 11,000 for one year.

How Does Speak Asia Ponzi like Scheme Works ?
It is very simple scheme in which even illiterate person can also participate very easily. You have to register your name with the

Read moreIs SpeakAsia the Ponzi scheme like Madoff ?

Why SBI profits Fell by 99% ?

by

India’s Largest Bank, the State Bank of India reported Q4FY11 PAT of Rs 209mn, 99% below consensus, primarily on lower NII, higher costs and provisions.

SBI has hiked lending rates by 100 bps (50 bps higher than other banks a catch-up rather than a proactive measure) in 1QFY2012 to offset some of the pressure in margins witnessed. The bank has now fully provided for pension liability of Rs117bn on account of wage hike Rs79 bn through reserves and Rs24.7 bn through profit and loss account during the

Read moreWhy SBI profits Fell by 99% ?

RBI for Regime of Free Savings Bank Interest Rate

by

India’s central bank RBI argues for interest rate deregulation on savings account deposits which currently carries interest rates of 3.5% and has not been changed since March 1, 2003. According to the discussion paper,

it is necessary that all rates move in tandem with the policy rates and the regulated savings rate has adversely affected the transmission of monetary policy. The RBI has not provided any time frame for the deregulation. Given the discussion

Read moreRBI for Regime of Free Savings Bank Interest Rate