Hit Counter

Authorized Blogger

Saturday, January 30, 2010

[Ebook] India Yearbook 2010 (1292 pages in 4 MB)e

Size: 4 MB Zip file containing PDF file inside it.
Pages: 1292


Click me to Download

Cover



Official Description
INDIA 2009 is an updated and comprehensive edition of the Reference Annual containing information on varied subjects related to our country like economy, rural and urban development, industry and infrastructure, art and culture, health, defence, mass communication etc. It incorporates sections on Science & Technology, Education, Information Technology, General Knowledge, Current Affairs, Sports, Events of the past year and latest ones too.

A rich source of authoritative and definitive data on all these subjects makes it a compulsory read for students as well as for researchers and academics.

My Comment
well don't take out a printout, because official book is for 345 Rs.
besides this is only for reference, when you want to see some fact/data about India or Govt. schemes.
read more...

Awards in 2009


Nobel 2009

Person
Category
Barack Obama
peace
Australian American Researcher Elizebeth Blackburn
Carol Greider
Jack Szostak of US
Medicine
Oliver Williamson and Elinor Ostrom (both Americans)
Economics
Herta Mueller a member of Romanias ethnic German Minority
Literature
Venkatraman Ramakrishnan Tamil Nadu born Indian Scientist,
American scientist Thomas Steitz
Israeli Ada Yonath
Chemistry
Charles K Rao
Williard S boyle
George E Smith
Physics


Kushwant singh (writer & Journalist)
National Amity Award 26th sep 2008.
Shekhar Gupta(editor-in-chief Indian Express )
Fakhruddin Ali Ahmed Award for National Intergration 2006-2007 on 27 sep 2008.
Egyptian President Hosni Mubarak
1995 Jawarlal Nehru Award  on Nov 18'08.
13  journalist
management Guru C.K Prahalad
Surinam's President Sardjoe
Pravasi Bharatiya Samman. (Jan' 09)
Arunachal Governor JJ Singh (Retired).
Mother Teresa Award (Life Time Achievement Award)
Ms Kiran Mazumdar Shaw (MD)
Biacon Pharma Got the Nikkei Asia Prize 2009.
Dr.A P J abdul Kalam
Hover Medal Award. +honorary doctorate of laws by Queens University (Belfast).
Suu Kyi
Mahatma Gandi Peace Award 2009.
Gujrat's Water and Sanitation Management Organisation (WASMO)
UN Public service award 2009.
Major Mohit Sharma ( Para Special Forces)
Major D Sreeram
Asoka Chakra
Deep Joshi(Social Activist)
Magsaysay Awards 2009.(5 others apart from him)
Nirmala Deshpande (Posthumously)
Paksitan President conferred the Sitara-e-Imtiaz (Star of Excellence) the third highest award of Pakistan
Gautam Bhai(Pawanar Ashram Wardha,Maharastra)
17th Rajiv Gandhi Natinal Sadbhavana Award.
Dalai Lama
International Freedom Award (by National Civil Rights Museum, USA)
Oscar Fernandes (congress)
Nelson Mandela Award



Padma Awardees in Jan 2009-

  1. Dr Anil Kakodkar(Chief of Atomic Energy Department)
  2. G Madhavan Nair(ISRO Chairman)
  3. Sister Nirmala(Missionary)
  4. Sunder Lal Bahuguna (Environmentalist)

Indira Gandhi Peace Price

Director General of IAEA Mohamed Elbardei
nov 19'08.
Bill Gates
july 25'09.

12th Rajiv Gandhi Awards

Krishna Patil
(2nd youngest Indian Girl to scale Mt Everest) Woman Achiever
G Madhavan Nair
(ISRO chief)Super Achiever
Supernani Rajshree Birla
(Social Worker Social Entrepreneur 
Sam Pitroda (Father of Yellow Revolution In India)
Global Indian Award
Rohit Kocchar (Owner of a Law firm)
The Youngl Entrepreneur
Abhinav Bindra
Sports
Avika Gor (Balika Vadhu)
Youngest Prodigy
Ramesh Chandra Agarwal(Chairman Dainik Bhaskar)
Journalism
Vineet Jain (Owner Times Group)
Industrial
Katrina Kaif
Best Actress
Sahid Kapoor
Best Actor

Beauty Queens

Ms Nikkitasha Marwaha
Miss India Worldwide 2009.
Rupal Lakhani(Gujrati origin)
Miss India Canada in Toronto.
Stefania Fernandez
Miss universe 2009 title.

Journalism Related

Delhi Union of Journalist
Appan Menon Memorial Award.
PTI
News agency of the year by UK based Magazine.
Nirupama Subramaniam Islamabad Correspondent of The Hindu and Vinita Desmukh Editor Intelligent Pune.
Chameli Devi Jain Award for oustanding women medai person 2008-09

books

Abhishek Mazumdar(Harlesden High Street)
Metro Plus Playwright Award 2008
Christos Tsiolkas (Australias author)
best Book Prize at the prestigious commonwealth Writers Award in Auckland.2009
Liu Xiaobe (44.Chinese Dissident and writer, house arrest since dec 2008 )
2009 PEN/Barbara Goldsmith freedom to write award
Lakshinandan Bora and Mannu Bhandari
saraswati Samman and Vyas samman 2008 by Loksabha Speaker Meira Kumar
Hillary Mantel(Wolf Hall)
Manbooker prize 2009
Alice Munro(Canadas Short story writer)
Manbooker International.

Businessmen

Lakshmi Mittal
Forbes Lifetime Achievement Award





Films

Movies & Music

Zakir hussain (Tabla Maestro)
+ three musician jointly for his music album Global Drum Project
Grammy Awards 2009
A.R Rahman(1st Indian & also double Oscar winner)
1.    Golden Globe Award for best original music score.
2.    B4U outstanding Achievement trohy at the UK Asian Music Award.
3.    grassroot Grammy in US.
4.    Honorary Doctorate by Aligarh Muslim University
Director Paresh Mokashi
(film Harish Chandrachi Factory in Marathi.)
Gollapudi Srinivas Memorial foundation Award for best debutant director

55th Natinal Film Awards 2007 (given on Sep 2009)

Best Feature Film
Kanchivaram (Tamil Percept picture company/Priyadarshan)
Best Film for wholesome Entertainment
Chal De Aditya Chopra/Shimit amin
Indira Gandi Award for Best First Film
Frozen Hindi,Shivajee Chandrabhushan
Best Director
Adoor Gopalakrishnan for naalu Pennungal(Tamil)
Best Film on Family Welfare
Taare Zameen Par Hindi Aamir Khan
Best Scren Play
Gandhi My Father Hindi Feroz shah Abbas
Nargis Dutt Award for best feature film on National Integration
Dharm Hindi Sheetal Talwar/Bhavna Talwar
Best Actor
Prakash Raj for Kanchivaram (Tamil)
Best Actress
Umashree for Gulabi Talkies(Kannada)
Best Supporting Actor
Darshan Jariwala for Gandhi my Father
Best Supp actress
Shefali Shah for the Last Lear (Eng)
Best Playback Singer Male
Shanker mahadevan For Taare Zameen Par
Best Playback singer Female
Shreya Ghosal fro Jab We Met
Best Music
Ouseppachan for Ore Kadal (Malayalam)

Dadasaheb Phalke Award

 

Manna Dey
Dadasaheb Phalke Award

*** will add previous years winners later






Dadasaheb Phalke Academy Award 2009

Phalke Ratna Award
Manoj Kumar
Phalke Legend Actor Award
Shammi kapoor
Phalke Golden Singer Award
Shamshad Begum
Phalke Kalptaru Award
Prithvi Raj kapoor(Posth)
Phalke Memorable Commercial Film Award
Ashutosh Gowariker
Phalke Academy for the senior most producer of India
Surendra Kapoor

Theatre / Drama

Valayapatti AR Subramaniam(Thavil Maestro)
Sangita Kalanidhi title of the Music Academy Chennai.
Ebrahim Alkazi (veteran theatre director)
Hindiratna Samman awarded every year to non hindi speaking individual who has made distinctive contribution to various aspects of hindi language

The 62nd Cannes festival 2009

info.

·       May 13-24 2009 in Cannes France.
·       The Pixars Film "UP" opened the festival.
·       first time that an animated film opened the festival.(3D)

List of Winners

Palme d'Or (Golden Palm)
The White Ribbon by Michael Haneke (Austria).
Grand Prize
A Prophet by Jacques Audiard (France)
Jury Prize
Fish Tank by Andrea Arnold (Britain and Thirst by Park Chan wook (S. Korea)
Special Prize
Alain Resnais
Best Director
Brillante Mendoza (Kinatay)(The Phillippines)
Best Actor
Christoph Waltz for Inglorious Basterds (US)
Best Actress
Charlotte Gainsbourg for Anarchist (Denmark)
Best Screenplay
Feng Mei for Spring Fever (China)
Camera d'Or (First time director)
Samson and Delilah by Warwick Thornton (Australia)
Best Short Film
Arena by Joao Salaviza (Portugal)

Misc

Global Leadership Award conferred on
Sabana Azmi.
Tamil Film Mudhal varai has won the award for
Best Drama Feature in the Best Feature film (International)-Genre Awards category at the New York International Independent Film Video Festival
Carrier Underwood (lyricist and pop singer)
44th Academy Country Music Awards ceremonyEntertainer of the Year Award.
Pandit Jasraj (Hindustani Classical Vocalist )
Saraswati Samman by Saraswati Music College

Ending words

1.    if you’re reading this & come across new awards and names, do post them on this thread so I can update this ebook
2.    This award list was compiled by Vandna Jain of IO Forum
3.    These colorful tables / document / pdf created by Mrunal Patel.
Award List for GS Current Affairs by Vandana Jain
read more...

Securities and Exchange Board of India ( SEBI)

What is SEBI?


· Securities and Exchange Board of India = SEBI
· It regulates both the primary and secondary markets. (explained in my previous article)
· It protects the interests of the investors in securities
· It promotes the development of the securities market.
· SEBI was established in 1988 but was given statutory powers in 1992, and started working effectively since 1993.
Why did the government create SEBI?

As you know that in India, the Government won’t do any major reform or action unless the things get messed up really bad. The same was the case why SEBI was given the power to control both primary and secondary market because they were in complete mess. So lets first see, what was the problems in primary and secondary markets before SEBI came in picture.

The problems in Primary market before SEBI came

· primary market was extremely restrictive regulations on the issuers enforced by the Controller of Capital Issues (CCI)
Now lets assume I'm the big businessman.
· Primary market is where i issue my security for the first time.
· I can't fix the prices of my shares, as I like, because i've to follow the rules made by CCI.
· but that dude always underprice my issues.
· When I put my equity shares for the first time in Primary market = this is IPO (initial public offering)
· but now as you know that I can't fix high prices for my IPO due to CCI dude.
· so my IPO is very cheap.
· so lots of people will send application to buy it because its cheap (= over subscription)
· so i'll have to give the IPO shares via lottery only to a few people.
· but those who get my cheap IPO via lottery will immediately go to secondary market and sell it at higher price.
· = I lost money (that I could have made if CCI dude allowed me to sell my IPO @ higer price.)
· and those lucky dudes who won the lottery made money without really doing anything.
· As you can see, all this is not good for industrial Development.

The problems in secondary market before SEBI came


Secondary market = where you trade the securities that you purchased from primary market.
For general understanding- the stock markets = secondary market = where you sell/buy shares.
So lets see the

problems of Stock markets before SEBI came


· first organized stock exchange was established in 1875 in Bombay (now Mumbai)
· there were almost 20 regional stock exchanges in 1992,
· but trading was concentrated in Bombay Stock Exchange and it enjoyed a monopoly
· Users from outside Bombay found it extremely difficult to trade in BSE due to poor technology and high cost of telecommunications. (they didn’t have internet or cellphones with free incoming calls in 1992!)
· BSE imposed a high entry barrier, so that competition among brokers was absent.
· That’s why services provided by the brokers were, thus, extremely inefficient and costly. (its same like Indian railway’s stinking toilets- you can’t complain because railway don’t have much competition.)
Specific problems in Share market before 1992

open outcry” system

· means trading used to take place in trading ring where non-brokers were not allowed in.
· These traders will shout the prices like we've in vegetable markets.
· There wasn't any mechanism to verify the prices at which trading actually took place.
· So, brokers used to charge prices to the investors (buyers and sellers of securities) that were usually different from the actual prices
· =brokers used to report higher than actual prices for buy orders and lower than actual prices for sell orders).
· If investors (buyers or sellers) demanded a more accurate price, orders often got cancelled (for example, the broker could simply claim that such a favourable price was not obtained in the market).
The settlement system

· payment of money and delivery of securities after trade by the brokers to both parties (buyer and seller of shares)
· it favored the brokers and was to the disadvantage of the investors.
· the settlement was “futures-style” and was on a fortnightly basis.
· means that trading done during a fortnight would be settled at the end of the fortnight.
· system of badla =enabled the brokers to carry forward their liability (of money or securities) to next settlement.
· so, brokers could postpone settlement almost indefinitely, if the prices were not favorable to them.
· This led to a high degree of risks. Large-scale problems arising out of failure to make payment or deliver shares, would lead to closure of BSE for days together,
· this used to recur at the rate of almost once every other year.

bad delivery” of Shares

· Even after you buy the shares and get the paper in your hands- you had to send the shares to the registrar of the company to register the ownership of that share in your name.
· At this stage, the problem of bad delivery arose due to a number of problems
· if the signature of the seller did not match with the one maintained with the registrar, the shares were sent back.
Reasons for inaccurate signature

· The seller of the shares, who probably purchased the shares years back, might unwillingly sign in a different manner.
· But in many cases, manipulations by unscrupulous operators were responsible.
· counterfeit shares (wherein any signature were put by the counterfeiter),
· Engineering bad deliveries by selling party’s brokers or by the companies themselves to delay settlement in order to support price manipulation.
· The time lag between buying shares and getting it registered in the name of the buyer used to take anything between 1-3 months if everything was alright.
· The time lag normally went up to six months on an average in case of bad delivery.

Anyways so above were the problems with primary + secondary market so Govt. made a law to give powers to SEBI to control them both. And so CCI was abolished.

NSE (National stock exchange) was established to end the monopoly of Bombay Stock Exchange.

NSE (National stock exchange)

· NSE was a new exchange promoted and owned by public sector financial institutions (like IDBI, UTI, LIC, GIC, IFCI, etc.) and banks.
· NSE is professionally-managed (as opposed to the other exchanges that are managed by brokers or members still today)

You saw the problems of BSE ago, and to curb them,
NSE came with 4 innovations



Computerized trading

· First, physical, floor-based, brokers-dominated trading outside the eyes of the investors was replaced by anonymous, computerized order matching system
· where trading is done in front of the investors.
· The order-matching system is characterized by strict price-time priority,
· wherein an order is executed according to the price parameters set by the investors.
· The OTCEI, which was set up in 1992, was the first computerised exchange in India.
· NSE started operations in 1994 with electronic trading, while all other exchanges introduced electronic trading subsequently.
· By March 31, 1999, all the 23 stock exchanges in the country had computerised on-line screen based trading.
Satellite communication

· to spread the reach of the exchange to all over the country was attempted successfully, for the first time, by NSE.
· This was in stark contrast to the other exchanges which till then had the reach limited to their cities of operation for over a century.

Professional managers

· the traditional exchanges were and still are managed by the member brokers.
· This gave rise to many malpractices, a conflict of interest being the most important one. Since the brokers themselves were in charge of enforcement of rules and regulations, they never took a decision in favour of the investors that went against their interest.
· This gave rise to a conflict of interest between the members as brokers and members as responsible for enforcement of rules and regulations.
· NSE avoided this problem right from beginning because it was set up as a limited liability company with brokers as franchisees.
· This led to a situation where brokers were not held responsible for enforcement of rules and regulations, and
· those who were entrusted with enforcement (professional managers) were not brokers.
· As a result, NSE’s staff is free of pressures from brokers and is better able to perform regulatory and enforcement functions.

Weekly settlement

· If you buy shares from me, you’ve to give me the money in 1 week and I’ve to give you the shares in the same 1 week.
· the traditional practice of fortnightly settlement cycle + system of badla that allowed extension of even this fortnightly cycle was replaced by a strict weekly settlement cycle without badla.

Result-BSE Is busted

· Equity trading at NSE commenced in November 1994.
· Within one year of operation, NSE surpassed the BSE in terms of turnover.
· BSE was working since 1875, with monopoly now it had to face competition with N.S.E
· So in March 1995, BSE also adopted similar innovation to keep up in the race.

All this, lead to 5 good things Stock markets


Improved Transparency:

Investors can see with their own eyes the prices that are currently being quoted in the market, and choose to trade or not.
Anonymity= no cartels

· The electronic trading platform makes trading completely anonymous.
· Traditionally, lack of anonymity in trading in the floor-based system
· gave rise to cartels (of brokers) and made price manipulation easy. NSE
· was a break from this tradition as well and removed much of the scope for
· price manipulation.
More brokers = competition =good for clients

· NSE throws open the business of stock broking to all and everyone (subject to fulfillment of certain criteria).
· In contrast, BSE restricted new entry into the brokerage business until NSE came into picture.
· Now More than a thousand brokers entered the market with the NSE leading to steep increase in competition and the consequent fall in the brokerages* by a very substantial amount.
· This led to a drastic fall in transaction costs. (*the broker’s Commission)
No more bad delivery

Automation of the trading system eliminated all the problems associated with manual trading (e.g., bad delivery/ signature etc.)
Investors outside Mumbai can earn money

· Investors from all over the country have got access to an exchange on same terms and conditions as investors within Mumbai for the first time.
· Earlier, Bombay stock exchange was the pre-dominant one in the country,
· but investors outside the city found it extremely difficult and costly to do business in the exchange. (no cellphones with free incoming!)
· Thus, true to its name, NSE turned out to be the first national stock exchange.
· This benefited the investors from outside Mumbai more than perhaps the investors within the city.


National Securities Clearing Corporation Limited (NSCCL)

· It’s a subsidiary of N.S.E, to prevent the counter party risk. (established in August 1995)
· counter-party risk means the risk that one of the two parties in a transaction may fail to honour their commitment to pay cash [buyer] or stock [seller] on the scheduled settlement date
· For every trade (buy or sell) done on the NSE, NSCCL becomes the counter-party.
· means, the seller sells the securities to the NSCCL, and the buyer buys from the
· NSCCL.
· Even if a brokerage firm fails to make payment (or deliver securities), NSCCL makes the payment (or deliver securities).
· This has almost eliminated counter-party risk and contained the recurrence of payment crises that characterised Indian stock markets for almost a century.
Demat account


· You read above, how the ‘bad delivery of shares’ was engineering by the brokers.+ the menace of counterfeit shares.
· To curb this problem, SEBI came up with the novel idea that is ‘Dematerialization of share holding
· This means, you’ve to get a Demat account in the bank and
· when you buy shares, you don’t get a ‘piece of paper’. That share gets automatically credited to your demat account. and when you sell it, it automatically gets deducted from your account.
· In November 1996, the National Securities Depository Ltd. (NSDL), the first depository in India, was established For this purpose.
· SEBI played an active role in gradual shifting from physical certificates to dematerialised holding by introducing a mandatory element in the process.
· Currently almost cent percent trading and settlement are done in a dematerialised environment. another advantage - since you don't have the shares in 'material' (physical form) = no one can steal it from you / burn it down.

· But things are not that safe and sweet, thanks to IPO scam-Demat Queen Roopal Panchal
read more...