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India's Infrastructure Deficit

§Highways 66,590 Km of NH (2% of network, 40% of traffic): only 12% Four-lane; 50% Two-lane; and 38% Single-lane §Ports Inadequate berths, rail / road connectivity and draft are constraints §Airports In dequate capacity: Runways, aircraft handling capacity, parking space & terminal buildings §Railways Old technology; saturated routes: slow average speeds (freight: 22 kmph; passengers: 50 kmph); low payload to Tare ratio (2.5) §Power 13.8% peaking deficit and 9.6% energy shortage; 40% T&D losses; absence of competition; and inadequate private investment Prospects Investment requirements of infrastructure sector huge India growth story to continue domestic demand Need to bridge infrastructure gaps to sustain economic growth Opportunities for international investors significant India can leverage on its vast human capital to successfully adopt the PPP model( Public Private Partnerships)

We are into 3G stage now :-)

Indians have already joined the elite list of countries to announce a policy for third generation mobile service that will enable customers to enjoy voice, video, data and downloading facilities on their mobile phones. INDIA has 60 Mhz of 3G spectrum available. The auction will take place in the 2.1 Ghz band. The government has set a base price of Rs 2,020 crore (Rs 20.20 billion) for each bid for a pan-India license. Initially, there will be three to five operators to sell the 3G services, including state-run BSNL and MTNL. The state-run telecom firms have an edge to start the 3G services earlier than others as they do not have to bid for the spectrum as they only have to match the highest bid in their respective circles. The plan: There is no firm date set for the auction of 3G spectrum, but it is likely to take place before February 2009 since the government may need the money to keep its deficit within control current estimates put the initial entry fee bids that the government wi...

The Indian Rescue Plan :-)

So Finally, India has planned a bigger rescue for economy slowdown... Following are the highlights of the mega Stimulus Plan announced by the government to boost the economy: Additional plan expenditure of up to Rs 20,000 crore (Rs 200 billion) Excise duty reduced across the board by 4 per cent. IIFCL authorised to raise Rs 10,000 crore (Rs 100 billion) via tax-free bonds. PSU banks to announce package for borrowers of home loans. Rs 350 crore (Rs 3.50 billion) additional funds for export incentives. Back-up guarantee to ECGC for up to Rs 350 crore. 2 per cent interest subvention for labour-intensive exports. Rs 1,100 crore (Rs 11 billion) to ensure full refund of Terminal Excise duty. Additional Rs 1,400 crore (Rs 14 billion) for textile sector under TUF Scheme. The guarantee cover for loans to MSME doubled to Rs 1 crore (Rs 10 million). The lock-in period for such collateral-free loans reduced. Government departments allowed to take up replacement of vehicles. Import duty on naphth...

Not so fascinating year for TATAs

It's been a rough year for Ratan Tata and the TATAs. 2008 started off in a grand way, with the acquisition of the iconic British marquees Jaguar and Land Rover (JLR) and the launch of most awaited NANO... JLR deal gave the Tata group the necessary global credentials. Things started skidding off-course when the Nano project had to be pulled out of Singur, West Bengal. Soon the global financial meltdown set in, hurting several group businesses The devastation of the Taj Mahal Palace and Tower, the jewel in the Tatas' hospitality crown. TATAs are facing one of the toughest years in its entire existence of over a century. Ratan Tata's grave facial expression in his recent public appearances--be it during his visit to the devastated facade of the Taj or at the height of the Nano conflagration in Singur--reflected the challenges he faces. The global meltdown has hit group businesses. The Tatas are finding it tough to access credit and equity, thanks to the tight liquidity condit...

Flavorzzz of life in a new fashion... :-)

If u have been a reader at liveankit, i have been requesting u to write something u feel like and send me on mail... Does it looks nice if i say sorry everyday???? :-D:-D:-D for not writin... Well I am happy tht Jagriti on the first request made to her, has contributed something quite meaningful and logical, based totally on experience, no theories and philosophies.. she has the following (In italics ) to be shared.. Life What’s life???? Is it all what u think about it???????? May be or may not b… Now the ques is what is it????? Let’s start from the beginning…. For an infant its food (or milk I can say) and his mother………… or if anything else is there we are unknown it’s outside our knowledge because what an infanot can do without senses. For a child life just moves around his friends (doesn’t matter he know d meaning of friendship or not),his parenots, his toys,,,,,,n whatever else he like….. For a college going life z all ...

Lets Discuss this horrifying Issue :(

Well, Everyone is aware that we are into new crisis now.. The issue of penetration of terrorism.. The list is again topped by MUMBAI.. it has become BOMBay and a new destination for mass destruction... sad to hear... it feels killing ourselves when we see these things happen... Together we can.. Together we will make the difference.. This article /post invites the opinions of u ppl on this recent dud... Hitesh Prashar: Mumbai terror is over but not in the hearts of all ,specially the common man. There are certain amount of controversies that have been left behind, on which common man wants an answer from the govt. There are certain proof that the terrorists involved in Mumbai attacks were in constant touch with their masters in Pakistan , giving updates on their every move and taking orders. Terrorists were trained in Lashkar camps &being instructed from Pak. Interrogation of the lone gunman nabbed alive by the Mumbai Police after Wednesday's Terror attacks on the ...

5 companies that are fast in growth :-D

Top Five Companies in Deloitte's 2008 Technology Fast 500. The top five Fast 500 winners are: Hughes Communications Inc . A Germantown, Maryland-based provider of broadband networks and services, reported a revenue growth rate over five years of 138,762 percent, moving from revenues of $699,000 in 2003 to $970,648,000 in 2007. This is its first appearance on Deloitte's Fast 500 ranking. Ticket Software LLC A Vernon, Conn.-based privately held company that provides software solutions for the ticket industry, reported revenues of $83,760,000 in 2007, a leap of 111,580 percent from 2003 revenues of $75,000. This is its first appearance on the Fast 500 ranking. Starent Networks Corp. A Tewksbury, Mass.-based company that provides networking solutions for mobile operators. Reported revenues of $145,797,000 in 2007. A leap of 80,008 percent from 2003 revenues of $182,000. This is its first appearance on the Fast 500 ranking. Abraxis BioScience Inc a Los Angeles-based biotechnolog...

West Bengal - It is not that bad...

West Bengal may have lost NANO.. it is criticized for business politics issues... but its not that Bad... Located in the eastern part of India, is one of the most diverse states in terms of culture and ethnicity. It is the 13th largest state in terms of area The fourth most populous in the country. Its capital, Kolkata, is one of the largest cities in India. With a gross state domestic product of US$ 48 billion, the state leads in production of various goods. Its agricultural output ranks third in India. Being an agrarian state, it offers tremendous potential for agri-business, given its natural endowments of fertile soil and five agro-climatic zones, coupled with aggressive land reform programmes. It is the largest producer of vegetables and fruits in the country. West Bengal is the leading exporter of finished leather goods; around 70 per cent of the country's leather goods are exported from the state. Jute textile manufacturing is another important industry. It is the sec...

The Day starts with Sorry:-):(

Sorry everyone.. as usual , i m startin my post with an excuse, i hve been writing less... well, a genuine reason , exams starting.. The schedule is out.. its from 10th till 29th.. everyone of you would be busy too... Sometimes i feel tht when someone gives an excuse, he doesnt gives in the form of excuse, on his part , he has a genuine reason.. obviously a person cant be genuine for alll... suppose a reason for not writin is genuine for me, but tht doesnt means tht this genuine reason can be generalized for all.. An excuse is an excuse for not being compliant with your commitment, it can never be genuine( barring the unavoidable natural disasters or nature's rules).. It is just a back up we use when we feel tht we are not meeting the obligations.. as I do... Hafte baad aaye.. sorry likha.. solid sa excuse dia aur chalo is baar kaam chal gaya... :-):-D:-):-D Another milestone approaching, we are touch 3k very soon..!! I wish sensex doesnt comes to that level.. the way it shows the...

Banking in HDFC fashion :-)

Where the most of the global banks have struggled. the HDFC Bank has been able to manage an ability to grow at over 30 per cent annually in the last nine years consecutively and that too with superior credit risk management practices. The merger of retail focused-Centurion Bank of Punjab (CBOP) with HDFC Bank effective May 23, 2008, will shore up revenues in the medium-term. Post Merger The inherent synergies of HDFC Bank and CBOP in their retail focus was the driver for the merger, which added around 400 branches to HDFC Banks' branch strength of 760 (as on March 2008) 15-20 per cent increase in the asset base to more than Rs 1.7 lakh crore. has helped increase the size of HDFC Bank But it has also led to some pressure on key ratios (see Merger Effects) for the combined entity CBoP ratios were lower than that of HDFC Bank. Re-branding of CBOP was completed in May itself; Training processes to assign all the employees of CBOP in their new roles is marching ahead with almost ...