A load of crap from an idle brain

What a recovery it has been for the markets.  Just a year ago, the Sensex crashed to 8160 points.  Now its trading above 17000 points.  More than 100% growth in just a year.  No other sector (gold, PPF, debt, realty) would give you that kind of growth.  When the markets were down last year and i was talking about the opportunity to buy into some good companies, many of my friends dissuaded me from doing that.

“Buy when everyone sells and sell when everyone buys” is probably the only way to make money in the market.  Following the heard mentality is sure to give a lot of heart pain in the long run.

The exhilarating bounce from the lows that the Indian equity market touched on 9 March 2009 is now a year old—and what a year it has been. These 12 months have been a wildly profitable time for those brave souls who held their nerve and bought stocks, while it has been a missed opportunity for those who thought it was a short-lived bear market rally and thus preferred to sit on cash.

The benchmark Bombay Stock Exchange Sensitive Index, or Sensex, closed on Tuesday at 17,052.54, up 109% over a year ago, though just about nobody believes the next 12 months will be as good.

Read the full article here

Above picture courtesy: Livemint

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When Raj Thuggeray’s Thackeray’s security was scaled down, he cried mummy and hid inside his home.  Now, after waving black flags at Rahul Gandhi’s trip to Mumbai, some of the Shiv Sena’s leaders’ police protection has been withdrawn leading to cries of mummy again. Hahahaha…. i love the scums of Shiv Sena, their paper tiger’s empty threats and their panic the moment their security cover is withdrawn.

Three Shiv Sena legislators complained Monday that their police security cover had been withdrawn, and accused the Congress-NCP of getting back at them for their recent opposition to the government.

Two of the three lawmakers, Jogeshwari MLA Ravindra Waikar and Andheri MLC Anil Parab, were among the 342 Shiv Sena activists who were detained last week for waving black flags at Rahul Gandhi during his visit to Mumbai. Before that, Parab had led a march to Shah Rukh Khan’s home to protest the star’s statement that Pakistani players should have been part of the IPL.

The third lawmaker, Bandra MLA Prakash (Bala) Sawant, said he had not taken part in any protests but had visited police stations to talk to Sainiks who had been detained.

MLAs and MLCs in Maharashtra are provided security by the Protection and Security Department of the Mumbai Police, and are assigned policemen not above the rank of constable who carry a small weapon and work in 12-hour shifts.

Sawant complained he had been targeted despite his not having taken part in the protests. “I had only gone to meet activists detained at various police stations,” Sawant said. He added he would write to the police to ask them to restore his security. “My constituency is very sensitive and if anything happens to me the state government will be responsible.”

Read the full news here

I have always believed that all these morons dont deserve even a single police constable’s protection around them.  Since they have no qualms whipping up communal and regional feelings and exhorting their supporters to beat up innocent people, the police should also let them be at the mercy of people who want to take revenge from them.

Let them also be beaten into pulp while the rest of the world watches the fun.

Picture source: Moneytrader

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Prime Focus, the Mumbai based post production company has worked on significant portions of the recent blockbusters, Avatar and The New Moon.

Prime Focus played an essential behind-the-scenes role in two of the biggest Hollywood blockbusters of 2009 — Chris Weitz’s “New Moon” and James Cameron’s “Avatar.” The company established itself as one of the cutting-edge firms in the visual effects business by producing about 10 percent of James Cameron’s path-breaking 3D superhit and a whopping 80 percent of the shots for the second installment of the Twilight franchise.

“’Avatar’ obviously is the biggest of all,” Malhotra said. “We’ve done some exemplary work in ‘GI Joe’ and ‘New Moon’ as well. But when you’re working on ‘Avatar’ as one of the top five vendors you have got to a lot more credible space than working on just any movie.”

The London Stock Exchange-listed company’s portfolio of work runs the gambit from “Avatar” to top Bollywood hits like the Amir Khan starrer “3 Idiots” to Splinter Films’ DVD release of a live performance by Beyonce. The company already owns the lion’s share of the Indian post-production and visual effects market, and the international business is expanding rapidly.

Full article here

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With India playing only 2 test matches in the next 11 months, the ranking might not hold if South Africa manage to beat England and take the crown.  Still, its a golden letter day in the history of cricket in India.  For the first time ever, the Indian cricket team takes the crown of being the Number 1 test team in the world.  Its a long day coming from the earlier decades when India was regularly beaten by rivals.  Today they travel well and have won tests in Australia, South Africa, won series in New Zealand, West ?Indies, Pakistan, England.

Few things unite India like cricket, and on December 6, 2009, millions of Indians were united in celebration as their team ascended to the top of the ICC Test rankings.

Fittingly, the victory that made it possible was marked by standout performances from the men who have played a crucial role in India’s ascent. Virender Sehwag has scored more runs than any other Indian batsman over the last 25 Tests – played over a two-year period beginning November 2007. His innings of 293 – played at a pace that left the bowlers ample time to finish the demolition job – proved pivotal as India fulfilled its destined tryst with the top slot.

Harbhajan Singh and Zaheer Khan have been India’s highest wicket-takers during this period. Both picked up six wickets apiece for the match, with Zaheer coming up with a five-wicket haul to polish off the tail on Sunday morning and take India to a comfortable win by an innings and 24 runs.

Full news here

Pictures source: Cricinfo

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The seventh dossier was passed to Pakistan a few days ago.  Am sure it went into the dustbin as usual.  In spite of all evidence passed, Pakistan refuses to admit its complicity in the attacks.  Even if it does, there is nothing much to do about it.

The Pakistani army and its rogue intelligence agency, ISI have the official policy of using terrorism as an instrument of strategy against its neighbours. Too bad, it has finally spiralled out of control and Pak itself is under constant bombardments from the monster it created.

Not to mention, the Afghan – Pak border has become such a hotspot for the terrorists that the Americans are regularly using drones to bomb the hell out of the place.   To take out one terrorist, the US drones kill 100.  Pathetic ratio, no doubt.   It only makes it easy for the jehadis to indoctrinate the suffering people.   More terrorists are born, the cycle continues.

Till the US comes to its senses and crushes the evil nexus of the Pak army, ISI and the jehadi factory, they are in for a long haul in Afghanistan and there is not going to be any peace in the neighbourhood.

Previous entries on the Bombay attack – 1, 2, 3, 4, 5, 6, 7, 8

Above picture source: IBNLive

Macho Shiv Sena leader Bal Thackeray has again come under limelight after he slammed India’s cricketing legend Sachin Tendulkar in an editorial piece in Shiv Sena’s mouthpiece ‘Saamna’.

According to the reports, Bal Thackeray has come down heavy on Tendulkar’s remark. The master blaster had asserted that he is extremely proud of being a Maharashtrian, but he also added that Mumbai is a part of India and he plays for India.

Criticising master blaster for his remarks, Bal Thackeray urged Tendulkar to stay away from politics and concentrate on his game.

On Sunday, Tendulkar sent a poignant message to all who have been fighting for the cause of the Marathis.

Source: Headlines India

Ya, Sachin should concentrate on the game of cricket because Bal Thuggeray  continues his business of inciting hatred and violence even with one leg in the grave along with his nephew Raj Thuggeray.  While the bloody Congress / NCP government you elected to keep you safe and sound is busy politicking and finding out how much it would cost (swindle) to put up Shivaji’s statue in the  Arabian sea.

Meanwhile the price of daily essential goods skyrocket and farmers continue to commit suicide in droves all over Maharashtra unable to repay their debts.  And we are busy with our marathi pride.

We deserve such swines.

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The father of the Indian nuclear programme celebrates his birth centenary today – October 30.

He laid the foundation of India’s huge atomic energy establishment almost singlehandedly, nurturing and expanding it with his dynamic vision. Thanks in no small measure to Homi J. Bhabha’s dream, India’s atomic energy programme has acquired global stature today, capable of designing and testing nuclear weapons and aspiring to meet its growing demands for nuclear energy.

Born to Jehangir Hormusji Bhabha and Meherbai on Oct 30, 1909, in Bombay (now Mumbai), the young Bhabha led a sheltered and emotionally secure childhood. The very first glimmerings of a keen and inquisitive mind became apparent when a specialist told his very worried parents why he slept little — a hyperactive brain that kept him awake at nights.

Excellent family ties with the Tatas and their association with national leaders such as Mahatma Gandhi, Vallabhbhai Patel and Jawaharlal Nehru and also with the British imbued the sensitive boy with a sense of nationalism and perspective.

In 1924, Homi Bhabha passed the Senior Cambridge exam at the age of 15. But by then he had grasped the complexities of Einstein’s Theory of Relativity as well as the intricacies of classical painting.

His arrival in Cambridge, a fount of nuclear physics, three years later in 1927, permitted his native genius to bloom for the next 12 years, where he obtained his PhD in physics with specialisation in cosmic rays, in 1934. He was just 25 then.

Bhabha met many of the greatest physicists of the time, namely Niels Bohr, James Franck, and Enrico Fermi, who played key roles in the Anglo-American atomic weapon programmes.

In March 1944, even before the world acquired a nodding acquaintance with the mighty potential of nuclear energy, Bhabha, then a professor, wrote to Sir Dorab J. Tata, who headed the Tata Trust, proposing an institute for nuclear physics in India.

“When nuclear energy has been successfully applied to power production in, say, a couple of decades from now,” Bhabha wrote with remarkable prescience, “India will not have to look abroad for its experts but will find them ready at hand.”

Thus the Tata Institute of Fundamental Research (TIFR) came into being on Dec 19, 1945, just four months after Hiroshima and three years before Indian independence.

Bhabha served as its first director, which placed him at the commanding heights of the country’s nuclear future, until his premature death in a plane crash in the Swiss Alps on Jan 24, 1966.

Bhabha was very particular about maintaining excellence. Addressing the then National Institute of Sciences, Bhabha said: “This is a field in which a large number of mediocre or second rate workers cannot make up for a few outstanding ones, and the few outstanding ones always take at least 10-15 years to grow.”

As the new nation’s prime minister, Nehru entrusted Bhabha with complete authority over all nuclear-related affairs and programmes. Both of them shared a close rapport. In April 1948 at Bhabha’s bidding, Nehru agreed to legislate the Atomic Energy Act in the Constituent Assembly, creating the Indian Atomic Energy Commission (IAEC).

On Jan 3, 1954, the IAEC decided to set up a new facility, the Atomic Energy Establishment, Trombay (AEET). In August the same year, the Department of Atomic Energy (DAE) came into being with Bhabha as its secretary. Till date, it remains answerable only to the prime minister. Prime minister Indira Gandhi renamed AEET the Bhabha Atomic Research Centre (BARC).

Full article here

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The paper tiger of Maharashtra does what he does best, barking from behind the high walls of Matoshree or in the editorials of Saamna.  No one takes Bal Thuggeray serious anymore, but you cant discount the comedy that one gets out of his comments.

Stunned by his party’s third consecutive defeat at the hustings, Shiv Sena chief Bal Thackeray today blamed the people of Maharashtra for “pushing the state back into hell” by re-electing the Congress-Nationalist Congress Party (NCP) combine.

In an editorial in the Shiv Sena mouthpiece Saamna, which expressed the party’s shock and anguish over its rout in the 2009 assembly polls, the Sena chief and the newspaper’s editor wondered what were the great achievements of the Democratic Front government in the past 10 years that made people to vote for it.

“There was corruption, load-shedding, Maoist terror which killed policemen, suicides of thousands of farmers, Mumbai terror attacks, etc,” Thackeray noted in the editorial.

The results of the assembly elections held Oct 13 gave the Congress 82 seats and the NCP 62 — totalling 144 in the 288-member assembly. The opposition alliance got a drubbing with only 90 seats, the Shiv Sena getting 44 and the Bharatiya Janata Party (BJP) 46. The Maharashtra Navnirman Sena (MNS) got 13 seats.

Thackeray blamed the people for the defeat of the Shiv Sena-Bharatiya Janata Party (BJP) saffron alliance and for bringing back a “naalayak” (useless) government.

Rest of the news here

I would seriously miss this fellow when he steps into the grave.

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