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January 19, 2011

Now PWC wants to stay/delay the SEBI proceedings

Capital market regulator Sebi said it would pass an exparte order against Srinivas Talluri and S Gopalakrishnan, former partners at Satyam’s auditor Price Waterhouse (PW), if they failed to appear for an hearing on February 5. “In case the noticees fail to appear in person or through any representative and make arguments on merits of the case on the given date and time, the Sebi proceedings shall be concluded ex-parte on the basis of the material available on records,” said MS Sahoo, whole-time member, Sebi, in an order on Tuesday. Both former partners had requested Sebi to keep their proceedings at abeyance till the ongoing criminal trials are concluded. They argued that there was a lot of commonality in the allegations made by Sebi and CBI in their show-cause notices. Both of them submitted that their response in the present proceedings would amount to disclosing their defense which would seriously prejudice them in the criminal trials.

Compulsory off for SBI staff to sniff out frauds

The banker who never goes on a holiday is suspect. Perhaps, he doesn’t want anyone to discover what he has been up to. He may have given funny loans, done fake trades, played around with clients’ money, and covered his tracks by cooking up books. The easiest way for the bank to catch him is to send the person on leave and ask someone else to do the job. In MNC banks and brokerages, it has been a customary practice for decades. Now, the country’s largest lender, State Bank of India, is trying it out. SBI has told all its officers to take compulsory ‘preventive vigilance leave’ for at least 10 days every financial year. The decision, taken by the high-powered committee of the bank’s board, was communicated to employees a week ago. It follows a string of frauds that have rattled several financial institutions in recent months. While reviewing high-value frauds, the committee found they had been perpetrated by officers who had established a reputation for being dedicated and hardworking. These are employees who did not avail of any leave earned by them. The frauds only came to light when such employees went for training or took leave for some other reason.

Don't be Miser when its crucial

During the wedding rehearsal, the groom approached the vicar with an unusual offer.

"Look, I’ll give you £100 if you’ll change the wedding vows. When you get to me and the part where I’m to promise to ‘love, honour and obey’ and ‘forsaking all others, be faithful to her forever,’ I’d appreciate it if you’d just leave that part out." He passed the clergy man the cash and walked away satisfied.

It is now the day of the wedding, and the bride and groom have moved to that part of the ceremony where the vows are exchanged. When it comes time for the groom’s vows, the vicar looks the young man in the eye and says:

"Will you promise to obey her every command and wish, serve her breakfast in bed every morning of your life and swear eternally before God and your lovely wife that you will not ever even look at another woman, as long as you both shall live?"

The groom gulped and looked around, and said in a tiny voice, "Yes." The groom leaned toward the vicar and hissed, "I thought we had a deal."

The vicar put the £100 into his hand and whispered back, "She made me a much better offer."

January 17, 2011

108 names of Sh. Ganesh

    1. Akhuratha : One who has Mouse as His Charioteer
    2. Alampata : Ever Eternal Lord
    3. Amit :Incomparable Lord
    4. Anantachidrupamayam :Infinite and Consciousness Personified
    5. Avaneesh :Lord of the whole World
    6. Avighna :Remover of Obstacles
    7. Balaganapati : Beloved and Lovable Child
    8. Bhalchandra : Moon-Crested Lord
    9. Bheema :Huge and Gigantic
    10. Bhupati :Lord of the Gods
    11. Bhuvanpati :God of the Gods
    12. Buddhinath :God of Wisdom
    13. Buddhipriya : Knowledge Bestower
    14. Buddhividhata : God of Knowledge
    15. Chaturbhuj : One who has Four Arms
    16. Devadeva : Lord! of All Lords
    17. Devantakanashakarin : Destroyer of Evils and Asuras
    18. Devavrata : One who accepts all Penances
    19. Devendrashika : Protector of All Gods
    20. Dharmik : One who gives Charity
    21. Dhoomravarna :Smoke-Hued Lord
    22. Durja : Invincible Lord
    23. Dvaimatura : One who has two Mothers
    24. Ekaakshara : He of the Single Syllable
    25. Ekadanta : Single-Tusked Lord
    26. Ekadrishta : Single-Tusked Lord
    27. Eshanputra : Lord Shiva's Son
    28. Gadadhara : One who has The Mace as His Weapon
    29. Gajakarna : One who has Eyes like an Elephant
    30. Gajanana : Elephant-Faced Lord
    31. Gajananeti : Elephant-Faced Lord
    32. Gajavakra : Trunk of The Elephant
    33. Gajavaktra : One who has Mouth like an Elephant
    34. Ganadhakshya : Lord of All Ganas (Gods)
    35. Ganadhyakshina : Leader of All The Celestial Bodies
    36. Ganapati : Lord of All Ganas (Gods)
    37. Gaurisuta : The Son of Gauri (Parvati)
    38. Gunina : One who is The Master of All Virtues
    39. Haridra : One who is Golden Coloured
    40. Heramba : Mother's Beloved Son
    41. Kapila : Yellowish-Brown Coloured
    42. Kaveesha : Master of Poets
    43. Krti : Lord of Music
    44. Kripalu : Merciful Lord
    45. Krishapingaksha : Yellowish-Brown Eyed
    46. Kshamakaram : The Place of Forgiveness
    47. Kshipra : One who is easy to Appease
    48. Lambakarna : Large-Eared Lord
    49. Lambodara : The Huge Bellied Lord
    50. Mahabala : Enormously Strong Lord
    51. Mahaganapati : Omnipotent and Supreme Lord
    52. Maheshwaram : Lord of The Universe
    53. Mangalamurti : All Auspicious Lord
    54. Manomay : Winner of Hearts
    55. Mrityuanjaya : Conqueror of Death
    56. Mundakarama : Abode of Happiness
    57. Muktidaya : Bestower of Eternal Bliss
    58. Musikvahana : One who has Mouse as His Charioteer
    59. Nadapratithishta :One who Appreciates and Loves Music
    60. Namasthetu : Vanquisher of All Evils and Vices and Sins
    61. Nandana : Lord Shiva's Son
    62. Nideeshwaram : Giver of Wealth and Treasures
    63. Omkara :One who has the Form Of OM
    64. Pitambara :One who has Yellow-Coloured Body
    65. Pramoda :Lord of All Abodes
    66. Prathameshwara :First Among All
    67. Purush : The Omnipotent Personality
    68. Rakta : One who has Red-Coloured Body
    69. Rudrapriya :Beloved Of Lord Shiva
    70. Sarvadevatman :Acceptor of All Celestial Offerings
    71. Sarvasiddhanta : Bestower of Skills and Wisdom
    72. Sarvatman :Protector of The Universe
    73. Shambhavi : The Son of Parvati
    74. Shashivarnam : One who has a Moon like Complexion
    75. Shoorpakarna :Large-Eared Lord
    76. Shuban :All Auspicious Lord
    77. Shubhagunakanan : One who is The Master of All Virtues
    78. Shweta : One who is as Pure as the White Colour
    79. Siddhidhata : Bestower of Success and Accomplishments
    80. Siddhipriya : Bestower of Wishes and Boons
    81. Siddhivinayaka : Bestower of Success
    82. Skandapurvaja : Elder Brother of Skand (Lord Kartik)
    83. Sumukha : Auspicious Face
    84. Sureshwaram :Lord of All Lords
    85. Swaroop : Lover of Beauty
    86. Tarun : Ageless
    87. Uddanda : Nemesis of Evils and Vices
    88. Umaputra : The Son of Goddess Uma (Parvati)
    89. Vakratunda : Curved Trunk Lord
    90. Varaganapati : Bestower of Boons
    91. Varaprada : Granter of Wishes and Boons
    92. Varadavinayaka : Bestower of Success
    93. Veeraganapati : Heroic Lord
    94. Vidyavaridhi : God of Wisdom
    95. Vighnahara : Remover of Obstacles
    96. Vignaharta : Demolisher of Obstacles
    97. Vighnaraja : Lord of All Hindrances
    98. Vighnarajendra : Lord of All Obstacles
    99. Vighnavinashanaya : Destroyer of All Obstacles and Impediments 
    100. Vigneshwara: Lord of All Obstacles 
    101.  Vikat : Huge and Gigantic 
    102.  Vinayaka : Lord of All 
    103.  Vishwamukha : Master of The Universe 
    104.   Vishwaraja : King of The World 
    105.   Yagnakaya : Acceptor of All Sacred and Sacrificial Offerings 
    106.   Yashaskaram :Bestower of Fame and Fortune 
    107.   Yashvasin : Beloved and Ever Popular Lord 
    108.   Yogadhipa : The Lord of Meditation

January 15, 2011

CitiBank Fraud

In a recent Citibank fraud ,the bank is expected to have robust computerised information system, enterprise risk management, application of BASEL norms. The foreign-listed bank is regulated by Sarbanes Oxley Act of 2002 in the US and its Indian counterpart is required to comply with the corresponding SEBI Clause 49 Listing Agreement. The bank is regulated by SEBI and the Reserve Bank of India (RBI) and is to be inspected and audited by senior management, internal audit and I-T audit teams, accredited information system auditors as well as external statutory auditors.

Then what went wrong that the fraud remain undetected?

I believe the spirit to hear the truth was missing. I believe that  there are CA's (auditors) in the economy that can give you your desired sweet and goody goody audit report but there are also CA's in the market that can go to depth of any matter and warn against the most disguised transactions and dealing.

And the management is very well aware of the two kind of CA's but they do not really want to hear the bitter truth, rather the want the formality to have CA certified audit report completed at the earliest.

I believe that if auditors are given powers and freedom to express in true sense than these kind of frauds cpuld be avoided from spoiling the image of Indian Accounting.

January 14, 2011

Comparison of AMD K 125 with Inter N 450 & 455

AMD Athlon II Neo K125 processor is a single core processor for netbooks and other entry level ultra-thin notebooks or laptop. The operating frequency of the processor is 1.7GHz and has one MB of Level 2 cache. When compare to Intel Atom N450 or N455 processor you will find Athlon Neo K125 processor is one step advance. Atom N450 and N455 processor operates with 1.66 GHz frequency and has 512KB of L2 cache.

AMD Athlon Neo processor K125 supports DDR3 memory and it connects with memory via integrated memory controller. The maximum memory module it support is DDR3-1066.The processor communicates with other peripheral chipsets through a 16 bit bi-directional Hyper Transport link which operates with data rate of 2GT/s.
The maximum CPU bandwidth of AMD Athlon II Neo K125 processor is 17GB/s the socket it support is S1

The TDP or Thermal Design Power of Athlon Neo K125 is 12W. When comes to advance technology, it incorporates MMX, 3D Now technology and instruction set from SSE-SSE4A. Also it incorporated AMD virtualization technology that offers running multiple operating system in single machine. However, Intel Atom N455 and N450 both the processor doesn’t comes with Intel virtualization technology. Other features of AMD Athlon II Neo K125 processor comes with are AMD64 technology and Enhanced Virus Protection.
Though Intel Atom N455 processor supports both DDR2 and DDR3 memory but N450 processor supports only DDR2 memory while Athlon Neo K125 supports DDR3 memory.

Second of all, K125 processor comes with ATI Radeon HD 4250/4225 graphics which is much better than Intel GMA 3150 (comes with Atom 450/455). Thus overall performance of Athlon Neo K125 equipped machine will be better than Intel Atom N450 integrated devices. However Intel Atom N450or N455 comes with Hyper threading technology so for multitasking, it works better.

The passmark score for K125 processor is 425, windows 7 experience index is 4 which is very close to that of Intel Core 2 Duo T5670 having 4.7.

January 13, 2011

Hadd hai !!!!!

Went to unit visit yesterday in Baddi...

Time 2.30 PM

Me : (Yaar 2 baj gaye saale ne ab tak khaane k liye nahin pucha is se accha to office canteen mein hi kha leta)

Promoter : Sir Aap Godown mein stock inspection bhi karenge?

Me : (Abe yaar Baksh de mujhe... Jaanee dee...) Nahin uski liye hamari stock audit alag se hota hai but i would like to have a look at the stock.

After godown visit and while returning finally promoters stops the car at a restaurant on the way.

Promoter : Ankit G, Bhukh to khaas hai nahin, aap kya lenge?

Me : Kuch Light sa hi le lenge sir.

Promoter : Ok mere liye Amritsari Kulcha aur ankit g k liye ek Juice.

Saale sharam bhi nahin aai mere saamne baith k Amrisari Kulcha kha raha hai aur mujhe ek juice... aisi ki taisi teri..... Aisi back date mein DP cancel karunga teri to $*!@#!.

January 12, 2011

Hard of Hearing

A man is talking to the family doctor. "Doc, I think my wife's going deaf."

The doctor answers, "Well, here's something you can try on her to test her hearing. Stand some distance away from her and ask her a question. If she doesn't answer, move a little closer and ask again. Keep repeating this until she answers. Then you'll be able to tell just how hard of hearing she really is."

The man goes home and tries it out. He walks in the door and says, "Honey, what's for dinner?" He doesn't hear an answer, so he moves closer to her."Honey, what's for dinner?" Still no answer. He repeats this several times, until he's standing just a few feet away from her.

Finally, she answers, "For the eleventh time, I said we're having RICE!"

January 9, 2011

Buying a car Battery

A car battery is principally used to start the engine. It is also used to filter or stabilize power and to provide extra power for the ignition, lighting and other accessories when their combined load exceeds the capability of the charging system, i.e., when the engine is idling. It also provides power to the electrical system when the charging system is not operating. The battery lies hidden under the bonnet and is an essential component of your vehicle. Regular care is a must, for if it in bad shape, the car will refuse to move. "Push-start" is a solution but cannot be carried on for long. A well-maintained battery lasts for two years. Regular care of your battery is a must, otherwise your car will not move. "Push-start" is an option but not a long term solution. A well maintained battery usually lasts for two years. 
Points to note when buying a new battery
Climatic conditions determine the kind of battery you should buy. Colder climates require batteries with higher CCA ratings than in a hot climate. 

Cold Cranking Amps (CCA)
The most important consideration is sizing the battery's CCA rating to meet or exceed, depending on the climate, is the car's OEM cranking requirements. CCA's are defined as the discharge loads measured in amps that a fully charged battery at 0 degrees F (-17.8 degrees C) can deliver for 30 seconds while maintaining the voltage above 7.2 volts. 

Batteries are sometimes advertised by their Cranking Performance Amps (CA) or Marine Cranking Amps (MCA), which is measured at 32 degrees F (0 degrees C) or Hot Cranking Amps. 

HCA is measured at 80 degrees F (26.7 degrees C), which is not the same as CCA. Do not be misled by CA, MCA or HCA ratings. Multiply the CAs by 8 to convert Cas to CCAs. To convert HCAs to CCAs, multiply HCAs by 0.69. 

Buying batteries with double or triple CCA ratings that exceed the OEM requirement are a waste of money for hot climates. However, in colder climates the higher the CCA rating the better, due to increased power required to crank a sluggish engine and the inefficiency of the cold battery. As batteries age, they are less capable of producing CCAs. 

One of the major battery manufacturers, Exide, publishes the following table:
Available Power from battery
Temperature Degrees F
Power Required to crank engine
If more CCA capacity is required, two (or more) 12 volt batteries can be connected in parallel. Within a BCI group size, generally the battery with more CCA will have more plates because a larger surface area is required to produce the higher current.

Reserve Capacity (RC)
The Reserve Capacity rating is the second most important consideration while buying a battery. This is because of the effects of an increased parasitic (key off) load and in emergencies. Reserve Capacity is the number of minutes a fully charged battery at 80 degrees F (26.7 degrees C) can be discharged at 25 amps until the voltage falls below 10.5 volts. More RC is better in every case! In a hot climate, for example, if your car has a 360 OEM cranking amp requirement, then a 400 CCA rated battery with 120 minute RC with more electrolyte would be more desirable than one with 1000 CCA with 90 minutes of RC. If more RC is required, two six-volt batteries can be connected in series or two (or more) 12 volt batteries can be connected in parallel. Within a BCI group size, generally the battery with larger RC will weigh more because it contains more lead.


Low maintenance (non-sealed) and maintenance free (non-sealed or sealed) are the two most common types of car batteries.
The advantages of maintenance free batteries are less preventative maintenance, longer life, faster recharging, greater overcharge resistance, reduced terminal corrosion and longer shelf life, but they are more prone to deep discharge (dead battery) failures due to increased shedding of active plate material.

In hot climates, buying non-sealed batteries is recommended because a sealed battery will not allow you to add water when required, or to test the specific gravity with an external hydrometer. Some manufacturers introduced a third type of car battery, "dual", that combined a standard battery with switchable emergency backup cells. For about the same cost a better approach was to buy two batteries and isolate them.

It is best to buy a commercial or AMG battery for excessive vibration applications. Car batteries are specially designed for high initial cranking amps (usually for five to 15 seconds) to start an engine; whereas, deep cycle (or marine) batteries are designed for prolonged discharges at lower amperage.

"dual marine" battery is a compromise between a car and deep cycle battery; However, a car battery will give you the best performance in a car. For RVs, a car battery is used to start the engine and a deep cycle battery is used to power the accessories. The batteries are connected to a diode isolator and both are automatically recharged by the RV's charging system when engine is running. 

Batteries are generally sold by model, so the group numbers will vary for the same price. This means that for the SAME price you can potentially buy a physically larger battery with more RC than the battery you are replacing, e.g. a 34/78 group might replace a smaller 26/70 group and give you an additional 30 minutes of RC. 
If you do this, be sure that the replacement battery will fit, the cables will connect to the correct terminals, and that the terminals will NOT touch the hood when closed. 

BCI and the battery manufacturers publish application guides that will contain the OEM cranking amperage requirements and group number replacement recommendations by make, model and year of car, and battery size, CCA and RC specifications. Manufacturers might not build or the store might not carry all the BCI group numbers. To reduce inventory costs, dual terminal "universal" batteries that will replace several group sizes are becoming more popular and fit 75% or more of cars on the road today. 


Determining the "freshness" of a battery is sometimes difficult. A battery that is more than six months old should never be bought because it begins to sulfate. Sulfation occurs when lead sulfate can not be converted back to charged material and is created when discharged batteries stand for a long time or from excessive water loss.


As with every thing else, it is necessary that you check the warranty period of the battery before you buy it.

It is extremely important to note that

batteries contain a sulfuric acid electrolyte, which is a highly corrosive poison. It produces gasses when recharged and explode if ignited. When working with batteries, you need to have plenty of ventilation, remove jewelry, wear protective clothing and eyewear (safety glasses), and exercise caution. Whenever possible, you are requested to follow the manufacturer's instructions for testing, jumping, installing and charging.