CEC of SC and CBI enquiry into mining thugs' businesses ..

The Supreme Court appointed Central Empowerment Committee could not have come up with a more strongly worded report on the illegal mining activity happening in the obalapuram mining area, bordering AP and Karnataka. Run by the politically strong Bellary Reddy brothers and Jaganmohan Reddy, son of the late YSR of AP, the report by the SC and the CBI enquiry ordered by AP govt will send shivers down the spine of the mining thugs (respectable ministers in the Karnataka Govt..) Yediyurappa must be gleeful with joy at the curious turn of events. Reddy brothers cannot find any help from Sushma Swaraj, their political mother and messiah...

Illegally appropriating state property and living off it, throwing weight around, is not only a crime, it works against natural justice and amounts to robbing in daylight. While poor people are imprisoned when they do small thefts, here respectable thugs from the govt., rape the govt of crores of rupees of revenue and walk scot free. What an irony ?

The govt needs to act fast and as per the CEC report, recover not only the costs of iron ore taken out, but impose model punishment with a hefty penalty and imprisonment, so that such daylight robberies re not repeated in future, by anybody, either from the ruling party or the opposition.

The hands of the govt and the judiciary needs to be strengthened. The representatives of the people should come forward and show they really care to fight corruption . It is hoped all political parties will help the CBI and SC to stop this robbery by ministers in the Karnataka govt.

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Vsisit to Raj bhavan, Bangalore..

The first time I visited Raj Bhavan was on Gandhi Jayanthi Day, Oct 2, 2008. Jobin also was with me.

Some months back I came to know that Bayikutty ammamma's son, Lt Navin from Indian Navy is joining the Raj Bhavan as the ADC (Aide De Camp) of the Governor, H R Bharadwaj. When babychayan gabe me a call on Thusday evening, while I was shoping, it was  big surprise, both of them were in Bangalaore Raj Bhavan wand wanted to visit us on Friday.

Accordingly on Friday, both of them and Navin came in the official Raj Bhavan car. They were here for an hour and more and returned.

Accordinglu we alo gave them a return visit on Saturday. We went to the fruit market, bought some fruits and at 4.45 PM left home to Raj Bhavan. We reached there by 6.30 PM. 

Navin took us around and showe the majestic halls. the meeting room, office room , the lawns etc.. It was a majestic sight to see. We were back home at 10.30 PM.

Next sunday, we are planning to ask Navin to come to the Orthodox Church, to be introduced to our priests. 

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The hate master silenced by the batting maestro ..

Sachin Tendulkar silences the hate master (paper tiger, Bal Thackeray) by claiming that he is first an Indian and then a Marathi. Mumbai is for Indians and not only for Marathis .. Mumbai was made by the efforts of people from all over India and not just the Marathis ..

It is very difficult to understand why Thackeray is claiming Mumbai as his family property only to be used/misused by his sons and nephews.. Shouldn't regional chauvinism and parochialism too be branded as criminal misdemeanour ? It ends up in physical violence inflicted on some innocents and is basically disruptive in nature and acting against the integrity of the nation.

Will this man who is yet to come to his senses after the shocking electoral defeat last week, signalling that he no more represents the Marathi Manoos, stop his senseless rants and try to realise the damage caused by his statements ?

Will the media too stop taking this up, giving unnecessary importance to an anti-social element ?

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How HP evaluates its Inventory Costs ?

We know of limited inventory costs, ie. Item costs, holding costs and shortage costs. In some cases, we also discuss about obsolescence costs.

HP did a study of its inventory related costs around end 90s and beginning 2000. To its dismay HP found that inventory costs were almost equal to the PC business' total operating margin and the conventional inventory holding costs accounted for just 10 % of its total inventory related costs. In a global scenario with global suppliers and global customers, there were some other interesting costs to be worried about.

In the scale of inventory related costs and presented in descending order , first comes the Component Devaluation Costs. When prices dropped for excess components which were with the company, the distribution channel and in the pipeline with the transporters, the company incurs a devaluation cost at all these points in the SC.

The Price Protection Cost is the cost incurred by the company when the prices have dropped after the items have been shipped to the retailers. All unsold items with the retailers are compensated for the difference in costs and sold in the markets. 

The third important cost is the Product Return cost. For all unsold items, HP gives a 100 % return to the distributors. 

The fourth important component is the Obsolescence costs. This is the cost of writing off the cost of unsold items in the inventory, after the life of the products has ended.

The costs listed above accounted for almost 90 % of the inventory related costs incurred by HP. It would be interesting trying to find how to counter these excessive inventory costs. 

Source G Callioni et al, "Inventory Driven Costs", Harvard Business Review, March 2005.

People's representative Yediyurappa's extravaganza..

The Right To Information Act has been a very powerful act in Indian history. It has been revealing lot of facts from different sources..

The amount spent by Karnataka CM Yediyurappa to renovate his house was Rs 1.7 crores. And during the floods last month he was seen asking for donations from the people  going around with a begging bowl ..

What a big disconnect in what these leaders preach and what they practice !!

http://timesofindia.indiatimes.com/india/Yeddyurappa-spends-Rs-17-crore-to-redo-home/articleshow/5224576.cms

A major embarrassment for BJP after the recently concluded unethical truce between the mining thugs and the CM ( for BJP to remain in power !!)

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GMR airport in Hyderabad..

GMR Hyderabad is a big airport ..

Almost as big as Bangalore Int'l airport..

 

Return to Bangalore.. Waiting for the 3.20 Jet to Bangalore..

 

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Ford Model-T car

The first car to be mass produced ... A beauty .. 

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