rajesh purohit / blog

Everyone loves milking a cash cow, especially politicians. But the story here is very different. Fed is desperate to avoid any kind of deflation be it Milk industry. The slowing demand of milk and milk product is bringing milk prices down and in turn making it tough for dairy farms to survive. Unlike automobile industry, they can't turn cows on and off. They have to milk cows, which results in surplus of milk in market and driving down the prices. Federal government is planning on option to give incentives to farmers and dairy owners to 'retire' cows to bring down the milk production and to make price climb again. But this could result in downfall of meat industry; more cows are slaughtered more is the meat supply which in turn bring down the meat prices for consumer. It's lose-lose situation for federal government. By the way, if milk production is down, pr ices will go up again, the dairy owner/farmer will try to 'milk the situation' and surplus milk will flo...

Dividends are payments made by a corporation to its shareholder members. When a corporation earns a profit or surplus, that money can be put to two uses: it can either be re-invested in the business (called retained earnings), or it can be paid to the shareholders as a dividend. Now in case of banks and big blue chips across the world, it’s weird that banks are still paying dividends to shareholders and bonuses to their employees. By the vary definition of bonus and dividend any child can understand that these should only be paid only when organisation is in profit and have surplus left after setting aside money for future expansions. Banks in US, UK and Europe are bailed out by the taxpayers of those countries and banks are using this amount to pay investors and awarding themselves!! I agree that Mutual funds, retirees, teachers, pension funds are all beneficiaries of dividend payments. They get dividend payments from banks, Nevertheless it should be done only when they are generatin...

The sociologist William Ogburn once wrote, Never before in the history of mankind have so many and so frequent changes occurred ... they have been occurring faster and faster until today mankind is almost bewildered in his effort to keep adjusted to these ever-increasing changes This is not relatively recent observation but actually was made in 1922!! There is always a tendency to believe that our era is more turbulent than the time before.

Normal 0 false false false EN-US X-NONE HI The research by Nath and Mahajan (2008) develops theory to investigate what factors defines whether or not a firm’s top management team (TMT) will have Chief Marketing Officer (CMO) and does the presence of CMO affects firm performance in the face of these factors. None of the research prior to this tries to relate firms branding strategy with TMT’s structure choice. However, there has been increasing need to develop and enhance ability to account for marketing’s contribution to firm performance and has been voiced in earlier researches [ (Bolton, 2004) and (Hyde, Landry, & Tipping, 2004) et al]. The purpose of this empirical research was to prove that CMO’s presence on TMT affects positively to the firms performance. Unfortunately, research could not prove this hypothesis and found n...

Ramalinga Raju, chief of Satyam Computer Services was very respected man in India and his home town Hyderabad. Even in wildest dream no one would have thought he would become Stein Bagger of Denmark or Madoff of USA. Stein Begger’s story is somewhat similar to Raju. He too got entrepreneur of the year award, his company was progressing at fast pace, Accounts were audited by world’s top audit firms KPMG audited IT Factory's accounts from 2005 through 2007. Deloitte did the same in the previous two years. From 2003 through 2007, IT Factory reported that its revenue grew 69 times and its profit rose 288 times, to 121 million kroner ($22 million). This year, says Mr. Jensby, the chairman, IT Factory expected to roughly quadruple its profit. Mr. Bagger used a web of phantom firms to get money from banks and then used these same companies to place big purchase orders for IT Factory software and services. He was buying from himself using other people's money. But Stein was no match in...

The recent attack on India shows that when it comes to history Pakistan is better than India. And it comes to intelligence India is worst than any other country. India likes surprises. And we are getting those from our neighbour since 1947!!! First will cover on history part if you are wondering how can they be good if they think Pakistan was never ruled by Hindus! Just dig up part of history not too far; The Pakistan Army launched a number of covert operations to infiltrate and sabotage Indian airbases. On September 7, 1965, the Special Services Group (SSG) commandos were parachuted into enemy territory. According to Chief of Army Staff General Musa Khan, about 135 commandos were airdropped at three Indian airfields (Halwara, Pathankot and Adampur). The daring attempt proved to be an "unmitigated disaster". Only 22 commandos returned to Pakistan as planned, 93 were taken prisoner (including one of the Commanders of the operations, Major Khalid Butt), and 20 were killed in e...

Is baar jab woh choti si bachchi mere paas apni kharonch le kar aayegi Main usey phoo phoo kar nahin behlaoonga Panapney doonga uski tees ko Is baar nahin (This time when that little girl comes to me with her bruises, I will not blow gently at her wound, nor distract her, I will let her pain grow. Not this time.) Is baar jab main chehron par dard likha dekhoonga Nahin gaoonga geet peeda bhula dene wale Dard ko risney doonga,utarney doonga andar gehrey Is baar nahin (This time when I see pain on faces I will not sing the song that eases pain I will let the pain seep in, deep�. Not this time.) Is baar main na marham lagaoonga Na hi uthaoonga rui ke phahey Aur na hi kahoonga ki tum aankein band karlo,gardan udhar kar lo main dawa lagata hoon Dekhney doonga sabko hum sabko khuley nangey ghaav Is baar nahin (This time I won't apply any balm Nor will I ask you to shut your eyes and turn your head While I gingerly apply medicine I will let everyone see the open, naked wounds� Not this tim...

Okay folks, thanks for your time and comments on my thoughts about what I felt after attack on my country. Some of you pointed that we need to do 'something' to improve ourselves and our country. And this something was typically 'reduce corruption', 'remove politician' or even a hoax that we use some section/sub-section 49-0 in our constituent (which is incorrect off course). I'm a patriotic no less than any of you. What I simply asked is what current status of my country is and why I should feel proud of it. There were no suggestions on that. Bhagat singh, Rajguru are history and were never part of this country. And don't forget Gandhi didn't comment on their death sentence and never went on hunger strike and now he is father of our beloved nation. Someone talked about unity saying we are together in grief. Why we have to unite only in grief? Why can't we celebrate chhat puja, Ed, Diwali together in hormony? Why can't we teach all citizen o...

Today I was forced to think about my own identity and my feeling towards my nation. Till Wednesday evening I was proud to be called an Indian. However, Mumbai attack forced me to think why I should be proud to be part of this country and I couldn't think of any thing optimistic. Indians or south Asians normally are very positive about life. They are fond of recollect old days memory (which are generally almost 400 years old) and try to be content thinking of prosperity their forefather enjoyed that time. Nevertheless, when I was asked why I'm proud of India so much I had to take some time to dig out the reasons. So I decided to write down the points which I consider is positive about my nation, a nation, which is under attack from all direction (insider and outsiders equally). Unity – My foot! Everyone knows how united we are. Nagpurian can't live in peace in Pune, though both are in same state. North Indians do not like south Indians in their team/projects or vicinity an...