@liveankit

With USD 500 million coming from Goldman Sachs, and in becoming the first website to go ahead of google on US charts , facebook is rocking these days. Zuckerberg's master piece has converted the IAD into FAD, the facebook addict disorder, people getting crazy about it, with all brackets falling into the category, on one side where we have kids, students into it, the other side includes corporates and biggies using facebook as a daily food. Facebook in 2010 surpassed the gigantic Google as the most visited website in the US, registering 8.9% of all US web visits between January and November 2010, according to New York-based Internet tracker Experian Hitwise. However personally I feel that the craze for facebook is mainly due to the platform it has created for the people, specially the way it became a daily stuff due to regular innovations and needs. Even in terms of finance, the Facebook has raised $500 million from Goldman Sachs and a Russian investor in a deal that values t...

Well, most of us dream to be into this section of ppl, not because of their flamboyant lifestyle, but for the VAS they are provided with ...( VAS - VALUE ADDED SERVICES) The most popular accounts are the NRE and NRO accounts. NRE ACCOUNT An NRE (non-resident external) accounts gives an individual the opportunity to deposit money earned from abroad. It can be either in the form of a savings or current or term deposit account. Apart from the account holder, a resident can also operate the NRE account for making local payments as long as he has the power of attorney. NRO ACCOUNT NRO (non-resident ordinary) account gives one the privilege of depositing overseas earnings as well as Indian earnings. An NRO account can be in the form of saving, current and term deposit account. However, one can have a resident of India as a joint account holder. Income arising in foreign currency, remittances received through proper banking channel or from NRE account and any past dues from India can be depo...

The Satyam Computer Services Ltd saga has attracted comment that has chiefly focused on three angles: the ethical conduct of founder B. Ramalinga Raju; the negligence of the auditors, Price Waterhouse; and the role of independent directors. Satyam Maytas Deal The story wasn't about Satyam trying to rescue Maytas, but Maytas trying to save Satyam. How would the Maytas acquisition have helped? Satyam would have paid at least Rs 5000 crore to acquire the two companies from the promoters (the Raju family). The money was non-existent. So, it would have pretended to pay the money and ended up with the assets (the two Maytas companies). The promoters may have never got paid but that would have served them right.And everyone would have been alright Satyam would have had assets, real assets on its books instead of non-existent cash; the Raju family would have continued to manage Satyam, but would have been poorer by quite a bit; and invest...

If u see the newspapers, this term is being given a great mileage after the SATYAM DUD… I would like my readers to know more abt it..   Corporate governance involves a set of relationships amongst the company’s management, its board of directors, its shareholders, its auditors and other stakeholders. These relationships, which involve various rules and incentives, provide the structure through which the objectives of the company are set, and the means of attaining these objectives as well as monitoring performance are determined. The key aspects of good corporate governance include transparency of corporate structures and operations; the accountability of managers and the boards to shareholders; and corporate responsibility towards stakeholders. While corporate governance essentially lays down the framework for creating long-term trust between companies and the external providers of capital, it would be wrong to think that   the   importanc...

Was talking on change since long... a new change for the globe... The World's largest Economy has a new present... Barack Hussein Obama.. A Black leading the nation of Whites... Yes... talking about United States of America... now i would like to call it OMERICA... OBAMA's America... The best thing abt USA is .. whtever it does... it does like a giant... be it the growth, be it the advancement, wars, acquisitions, crisis... or the elections.. The world was watching the presidential elections of USA...  A brief abt Obama... Barack Hussein Obama(  August 4, 1961) is the  President-elect  of the  United States of America  and the  junior   United State Senator  from  Illinois . Obama is the  first African American  to be elected  President of the United States . He is a graduate of  Columbia University  and  Harvard Law School  where he was president of the Howard Law Review. Obama worked as a  community organizer  and practiced as a  civil rights  attorney before serving three te...