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Customers who until now had to keep two separate cards — credit and debit card in their wallets — can now manage with a single card. Standard Chartered has launched a new card which will provide the customer the choice of the same plastic as a credit card or a debit card. Other banks are also looking at similar products. There are close to 27 million credit cards and 110 million debit cards now. Most banks have been pushing debit cards to their customers by converting their ATM cards to debit cards.et-
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Is this a victory as the Cong says or a surrender as the Left says? What do you think?
Posted by :
Don OmarTracked by: 0 Boarder
both of them have harems. why dont you apply? you will get to know first hand what goes on in the private room in the jet...muaahh...
In reply to:
Is this a victory as the Cong says or a surrender as the Left says? What do you think?
Posted by :
radhika_nandlal
We need the likes of VIJAYA MALLYA to keep the chinese burning with jealousy.
Did u see his newest jet with a private room? WOW.
If you have wealth flaunt it like Vijay Mallya.... our bengaluru vijay, he is having a blast... he is teaching ordinary poor people like me what style means....He is having a whale of a time at 50 with a long hair, a prosperous paunch and a great time living life so what even if he is a PAGE III BUSINESS man.. our bengaluru man teaches India what style is... unfortunately there were no vijaya Mallyas during the days of lalbahadur shastri.... 
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Mudar Patherya
January 9, 2008 Print Email
Mudar PatheryaThe most rewarding financial advice would conventionally be one where you multiplied your money five-fold, or ten-fold. But what about one where the returns are considerably higher? Or perpetual? Or where the gains extended beyond the material to the intangible? Ah.
Ironically, this financial advice is freely dispensed. And ironically most easily dismissed. It is packed into just five words: What’s in it for God?
I can vouch from experience. One day in the midst of some canny number-crunching, my late father provoked my 22-year-old sense of worldly wisdom. “Sure, this stock market thing of yours is important, sure it can make you money that will buy you a house, car and comforts, but beta, what’s in it for God?”
I didn’t think too much about it. Rs 4,200 out of a savings account of Rs 4,500 were apportioned to a specific charity identified by my father, coupled with a provision that God, should thou help me make a killing on the stock market, I would write out another cheque of 10% of the gains for charity. And so on. The selfish young man in me was making God a business partner and saying ‘Let’s see what happens now?’
This is my report card: I escaped the 16 August 1985 meltdown. Survived the Budget 1986 crash. Made some money here and there. Bought a house cash down. Run a successful consultancy. And am living happily ever after.
The operative word is contentment. You may not find the Patherya of today in the Fortune or Forbes shortlist but he is a contented fellow, has probably earned enough to keep a roof on his head for the rest of his life (if he does not short sell in a bull market), has a happy family and is at peace with the world. My understanding: God kept his part of the deal. He gave me cash and kind to live well and happily.
The doubter is now a convert. When anyone asks, “What is the best financial advice you would recommend to treble my portfolio in six months?” I use the five-word sesame.
The one book that catalysed my thought process—apart from the uncanny J-curve after I had pledged the 10%—was The Soul of The Firm by C William Pollard. “When you walk into the lobby of our headquarters in Downers Grove, Illinois, you see on your right a curving marble wall that stretches 90 feet and stands 18 feet tall. Carved prominently in the stone of that wall in letters nearly a foot high are four statements that constitute the objectives of our company: ‘To honour God in all we do, To help people develop, To pursue excellence, To grow profitably.’
We live in a more interconnected world. This altruism is now being institutionalised and corporatised far more actively. Private charity has now metamorphosed into an enlightened corporate social responsibility agenda. And while people and companies will never be able to find a tangible reason to support charity, the consistent belief is that it is the giving away that helps in the bringing in. It is the investing in good that is really investing for good.
Mudar Patherya heads Trisys, an annual reports consultancy. He can be reached at mudar@trisyscom.com
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Singur deal looks done.
The meeting between the West Bengal government and the Opposition in the presence of governor, Gopal Krishna Gandhi, seeking a breakthrough in the Singur impasse, appeared to have achieved success with the state accepting the ‘land for land’ formula, and offering 47 acres inside the factory complex now held by WBIDC and another 27 acres acres held by the power department inside the factory complex, along with state held (or ‘khas’) land of 43 acres and unclaimed land of 5 acres nearby.
-BS
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State Bank employees have threatened to go on an indefinite strike from October 20, protesing against the merger of associate banks of SBI with itself.
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0606
Yes eshers,I saw it and my best wishes to both of them
Cheers...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by : eshers
Dear Googol,
I just checked your message and noticed Bhavani has already replied for it.
Cheers
Tracked by: 78 Boarders
Don't just start buy the puts from tomorrow, wait for 3 or 4 days then buy it.......
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by : radhika_nandlal
Mohan,
Next two days i would mostly focus on buying PUTS coz DOW'S MACD fast line slipped below its slow line.. when this happens dow slides by a good 5% but it takes a day or two for it to slip so the best time to buy PUTs would be now... but i have gone horribly wrong last week and it may prove injurious if you followed me... i am not guaranting anything, i am just mentioning my trade direction..
Is this a victory as the Cong says or a surrender as the Left says? What do you think?
Posted by : radhika_nandlalTracked by: 0 Boarder
We need the likes of VIJAYA MALLYA to keep the chinese burning with jealousy.
Did u see his newest jet with a private room? WOW.
If you have wealth flaunt it like Vijay Mallya.... our bengaluru vijay, he is having a blast... he is teaching ordinary poor people like me what style means....He is having a whale of a time at 50 with a long hair, a prosperous paunch and a great time living life so what even if he is a PAGE III BUSINESS man.. our bengaluru man teaches India what style is... unfortunately there were no vijaya Mallyas during the days of lalbahadur shastri.......
In reply to:
Is this a victory as the Cong says or a surrender as the Left says? What do you think?
Posted by : radhika_nandlal
Atal Bihari Vajpayee is a sad man coz his colleagues in BJP have no vision, they dont know how to sit in the opposition, they are putting their party before the nation and getting beaten in the political game.... as a politician u always put the nation before ur party but Advani et al havent studied the GITA as well as ATAL has.
Is this a victory as the Cong says or a surrender as the Left says? What do you think?
Posted by : vkk43Tracked by: 0 Boarder
Of course it is a victory....
In reply to:
Is this a victory as the Cong says or a surrender as the Left says? What do you think?
Posted by : MMB Messenger
Dear Boarders,Do let us know your views and opinions on the poll.-MMB Messenger
Tracked by: 0 Boarder
I can suggest you one trade for this month, since we have more bullishness, you can look to sell 4000 PUTS or 3900 Puts and wait till the expiry to pocket the premium money.... or if you are more bullish you can sell 4200 PE also...
this is just a suggestion, you check and take decision, Naked sells or risky in nature.......
In reply to:
How to write PUTS to Purchase stocks
Posted by : mohanji
Dear Aru,
Your posn seems to be quite favourable for monday.I hv noticed that you generally trade in deep in the money options.Can you please enumerate your reasons for the same? ..I sort of avoid them ..being costly and carrying the risk of high valatilty.Regards
Is this a victory as the Cong says or a surrender as the Left says? What do you think?
Posted by : radhika_nandlalTracked by: 0 Boarder
Atal Bihari Vajpayee is a sad man coz his colleagues in BJP have no vision, they dont know how to sit in the opposition, they are putting their party before the nation and getting beaten in the political game.... as a politician u always put the nation before ur party but Advani et al havent studied the GITA as well as ATAL has....
In reply to:
Is this a victory as the Cong says or a surrender as the Left says? What do you think?
Posted by : radhika_nandlal
Shortly electorate will put Raja, Karat, maya, devegowda, and Mamta in nuclear reactors courtesy L&T.
The elite, creme de la creme i.e the IITians of singur took out a protest rally against mamta for interfering with the NATION'S PROGRESS.
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When we are at 4450 I did all of those, when i sold the 4700 PUTs I have buyed 4450 Puts ( 2 of them ), and when i sold 4600 puts I have buyed 4300 Puts, I had a very bearish views that market might go to 4200...anyway for eacg sold put I am having a covering for two puts so that in the event of nifty crashes it will provide me the profits.
Friday When i saw the profits in 4300 PUts and I expected a good outcome but wanted to keep some cushion, I had squared off the 4300 Puts and only kept 4450 puts.
since now the expectation of NIFTY going to 4600 and above I will take out the 4450 Puts with loss, anyway I will be making that with the sold puts.
My reason for the deep in the money is that i had the bearish view. and wanted to have some cover as well....
In reply to:
How to write PUTS to Purchase stocks
Posted by : mohanji
Dear Aru,
Your posn seems to be quite favourable for monday.I hv noticed that you generally trade in deep in the money options.Can you please enumerate your reasons for the same? ..I sort of avoid them ..being costly and carrying the risk of high valatilty.Regards
Is this a victory as the Cong says or a surrender as the Left says? What do you think?
Posted by : radhika_nandlalTracked by: 0 Boarder
Shortly electorate will put Raja, Karat, maya, devegowda, and Mamta in nuclear reactors courtesy L&T.
The elite, creme de la creme i.e the IITians of singur took out a protest rally against mamta for interfering with the NATION'S PROGRESS.
...
In reply to:
Is this a victory as the Cong says or a surrender as the Left says? What do you think?
Posted by : radhika_nandlal
This song BIG YELLOW TAXI by COUNTING CROWS is my favorite... especially the line I DONT CARE FOR THE SPOTS ON MY APPLE, LEAVE ME THE BIRDS AND THE BEES..... its an environmental awareness song but this one time i am not humming this song... lol... okay here are the lyrics...
They paved paradise and put up a parking lot,
With a pink hotel, a boutique,
And a swinging hot spot.
Don't it always seem to go
That you don't know what you've got till it's gone?
They paved paradise and put up a parking lot.
They took all the trees and put them in a tree museum.
And they charged all the people
A dollar and a half just to see 'em.
Don't it always seem to go
That you don't know what you've got till it's gone?
They paved paradise and put up a parking lot.
Hey, farmer, farmer, put away that D.D.T., now!
Give me spots on my apples
But leave me the birds and the bees, please!
Don't it always seem to go
That you don't know what you've got till it's gone?
They paved paradise and put up a parking lot.
Late last night I heard the screen door slam.
And a big yellow taxi took away my old man.
Don't it always seem to go
That you don't know what you've got till it's gone?
They paved paradise and put up a parking lot.
Lal indira's visions were all wrapped no matter what other credentials lalbahadur might have had..... had they the vision of Atal or PVN we wouldnt have seen retail now, we would have seen it back then in the 1970s... i would be a big star not an ordinary homemaker today.....
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I think this month series is having most premium embeeded in to it, I agree. how much you want to pay is depend on the various calculation involved with voltility and other things....
In reply to:
OPTION Trading Tips
Posted by :
dijyya
Dear Aru,
Thanks for your suggetion. Actuly I am not against your view, but only write my feelings. I like to trade in option. perssonly beleive you will gat more reward in less risk if play in right time. How much % premium will have to pay for Nifty. Upto January starting of new series Nifty Option are available @ 3% Premium. But now days its cost are anything between 4% to 5%.
Thanks once again, my English is not so good, you have to read between the lines.
Tracked by: 78 Boarders
0605
Dear Bhavani,
Pl.replace the snow covered cars with a smiling Vanaja before your II BOD is declared.
Cheers,...
In reply to:
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Posted by : Bhavani27
I wonder,ANNA,how delighted those kids and their mom would be to see that their picture is appearing repeatedly on the front page on MMB. Their happiness could well be more than that of their father\\`s.
SARVAM KRISHNAARPANAM
Bhavani
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