And BCCI had the final laugh...

It's not that common to see that India flexing the muscles of superpwers and getting the things done the way SHE wants.

But if it's cricket, it's possible. We have seen the same recently. People just can't neglect India. Australia may be the world champions on the field. But India is the superpower in cricket and dictates the game. Otherwise who in the world will dare to take panga with ICC and the Aussies . As said by somebody , here cricket is religion and cricketers are Gods (as long as they perform). You just drop the heroes from the team and then see the streets of Kolkata, mumbai, jalandhar ... No need for me to write anything here. Basically it's all linked with our pride, self esteem and insult.

This is what happened during the recent test series in Australia during the Sydeney test. This time it was Ponting and his men (where victories have gone to the heads). They thought of using the typical aussie sledging tactis against the Indians. Poor kangaroos, little idea they had about the whole episode backfiring at them and putting them in poor light.

For India it was a question of pride. Here Tendulkar is our GOD. And Honorabe mr. Procter has neglected our very own tendulkar's testimony. ha ha. How in the world was that possible. And how millions of Indian fans were going to accept the same. On top of it Mr. Bucknor added enogh fuel to keep the fame burning with intensity. And then... it was a big drama in India as you know, also it had created enough sympathy for us. What best one could have imagined. Support poured in right from common man, politicians, cricketers across the world, the very own Australian media. Mr. Ponting might have won the test match in Sydeny, but the battle was started which eventually he was going to lose.

First signs of ICC taming down came when BCCI took a very tough stand on halting the series. I read somwhere about 2.2 M USD penatly being imposed on Indian board, had India decided to discontinue with the series. Let me tell you it's peanuts for the BCCI. Though everybody was well aware that India would never have discontinued with the series. It had put enough pressure on the ICC and first signs of ICC getting bogged down started showing. Finally Mr. Sharad Pawar who is heading the BCCI is a seasoned politician after all. :-). Mr. Bucknor was sent back to Jamaica, the other gentleman had to pack off his bags. This was enough. India had a moral victory at that point of time. The tension relieved to some extent.

Then India went ahead and almost dominated the remaining 2 matches. Inbetween some other enquiry commission was appointed. Guys, I believe it was all drama. Finally we all were aware what the result was going to be.

Again Mr. BCCI applied the pressure tactics and finally all racial charges against Harbhajan were dropped. SO final victory came India's way and has definitely put Australia in poor light. We are not still very sure what mr. Bhajan said. Whether he said or not said that's also a big question. It all was possible because BCCI has the money, India has the viewers. I doubt if Bangladesh or Zimbabwe would have been successful. :-)

Aussies some advice for you as well. By now you must have realised that you may be winning 16 matches in a row, but you have a long way to go. First try to behave yourself. Your tactics may work against few but not all. You will agree that this time your selection proved wrong. Aussies we may not be as good as you on the field, but we have enough power. So please don't take panga. Think twice next time.

Winning matches may be simpler for you, but winning hearts is not so easy and that's what you need to learn. Look at West Indian team. they dominated in the last 70th and early 80s. They were also world champions. But they were down to earth. The victories didn't reach the heads.

It's a long way to go for you...

Stock Market Crash...

Stock market crash
From Wikipedia, the free encyclopedia
Jump to: navigation, search


A stock market crash is a sudden dramatic decline of stock prices across a significant cross-section of a stock market. Crashes are driven by panic as much as by underlying economic factors. They often follow speculative stock market bubbles.
Stock market crashes are social phenomena where external economic events combine with crowd behaviour and psychology in a positive feedback loop where selling by some market participants drives more market participants to sell. Generally speaking, crashes usually occur under the following conditions: a prolonged period of rising stock prices and excessive economic optimism, a market where P/E ratios exceed long-term averages, and extensive use of margin debt and leverage by market participants.
There is no numerically-specific definition of a crash but the term commonly applies to steep double-digit percentage losses in a stock market index over a period of several days. Crashes are often distinguished from bear markets by panic selling and abrupt, dramatic price declines. Bear markets are periods of declining stock market prices that are measured in months or years. While crashes are often associated with bear markets, they do not necessarily go hand in hand. The crash of 1987 for example did not lead to a bear market. Likewise, the Japanese Nikkei bear market of the 1990s occurred over several years without any notable crashes.

Mathematical theory of stock market crashes

The mathematical characterisation of stock market movements has been a subject of intense interest. The conventional assumption that stock markets behave according to a random Gaussian or normal distribution is incorrect. Large movements in prices (i.e. crashes) are much more common than would be predicted in a normal distribution. Research at the Massachusetts Institute of Technology shows that there is evidence that the frequency of stock market crashes follow an inverse cubic power law.[6] This and other studies suggest that stock market crashes are a sign of self-organized criticality in financial markets. In 1963, Benoît Mandelbrot proposed that instead of following a strict random walk, stock price variations executed a Lévy flight.[7] A Lévy flight is a random walk which is occasionally disrupted by large movements. In 1995, Rosario Mantegna and Gene Stanley analyzed a million records of the S&P 500 market index, calculating the returns over a five year period.[8] Their conclusion was that stock market returns are more volatile than a Gaussian distribution but less volatile than a Lévy flight.
Researchers continue to study this theory, particularly using computer simulation of crowd behaviour, and the applicability of models to reproduce crash-like phenomena....

Nostalgic Ads...

Nirupama - The Nirma Girl

Washing powder Nirma, washing powder NirmaDudh si safedi, Nirma se aaye Rangeen kapda bhi khil khil jayeSabki pasand Nirma Washing powder nirmaanirmaa
If you have been hearing this for the past 25 years, there has to be something special attached। Maybe it is the fact that the brand name is derived from
Nirupama, the company owner’s daughter who died in a car accident but whose image has become iconic with the brand.

Karen Lunel - The Liril GirlLa la la la la la la la laa la laa।

Quite simple isn’t it. When Alyque Padamsee decided to shoot an ad for Liril with a relatively unknown model, Karen Lunel who was wearing a lime green bikini in the icy cold waterfalls near the Guna caves in Kodaikanal, not even the folks at HLL would have thought it would become such a phenomenon. Not only did it capture the imagination of an ultra-conservative Indian society, it also multiplied Liril’s sales figures. So much so that McCann Erickson, the agency who was handed over the Liril account recently from Lowe India (formerly Lintas) who has held it for the last 30 years will have the ominous task of creating a new vigour in the brand. Karen Lunel worked as an airhostess for Air India (apparently she was on duty in the flight when Rajiv Gandhi celebrated his birthday on his way back from USSR in 1988) and later became a DJ for Times FM. She is married to Tibetan Tashi Hishey and has a 18-year old son, Scott.

Salma Sultan Doordarshan News reader of yesryears

Salma Sultan’s famous rose brightened up her otherwise cold renditions of the government press releases praising their own achievements. Set to retire in 1984, legend is that she was granted an extension after shedding a tear while reading the news about the Prime minister Indira Gandhi’s death.
Having got her first chance as a newsreader only because her compatriot Gopal Kaul came with a completely shaven head to avoid reading the news, her long association with Doordarshan continues even today after producing serials like ‘Panchatantra’ and ‘Jalta Jawal’ for DD under her production house Lensview Pvt Ltd.
These are the days of celebrities Anthony and Bani as they say and sometimes I miss those ‘Sorry for the Interruption‘ boards. Especially during reality shows.

Lalitaji >> Surf

Lalitaji“Bhai saab, aagar itni saari safedi yadee kaam dam me mile to koi yeh kyoun le, yeh na le“।An obvious reference to the the cheaper competitor, Nirma(once available for Rs.3 per Kg) by Lalitaji, posing as the ‘typical no-compromise, quality conscious, bargaining Indian housewife’ set the momentum for Surf as a brand that stands for quality at an affordable price.

Kavita Chaudhary went on to achieve more fame in the television saga ‘Udaan’ portraying the real-life story of Kanchan Chaudhary Bhattacharya, Kavita’s own sister who become an IPS officer overcoming the odds. Kavita is also a gold medalist from the National School of Drama. For a while she got into making corporate and ad films and did not have much success with her forays into screenplay and dialogue for movies as well as a socio-drama called ‘Your Honour’. Apparently, she is now planning to direct one।

Courtesey : mutiny.wordpress.com

Nano is here to stay...

Last week Ratan Tata kept his words and delievered his promise। Yes you are right Tata gave the much awaited 'People's car' with the agreed prise and within the agreed timelines. As he rightly said Pachaouri need not have nightmares। Not Sunita narain or the green activists need to worry because of Nano.

I always wonder if these NGOs are really against the development। The whole life they just think about protesting and not progressing। When Sunita Nairain can come in her luxury car why should not others? Why only the small Nano will create trafic problems and why can't be her car or Pachouri's CAR? Surprising।

Okay I agree with the environmentalists who are trying to the noble cause of the 'Global Warming control'। Then they should protest against the Government policies, the policy makers, the law makers and not against the one who is a visionary, who is trying to bring out the revolution. It reminds me of the old stories I read in school book। Way back in 16th century when Gallilio galieli put forward the concept around earth's motion, there was a huge outcry. i don't exactly rememebr. but I more of less think the same here. Not only he, there were so many revolutionary, visionaries who faced the wrath of the society. But still nobdoy could stop them.

I guess Nano is a paradigm shift. No body would have imagined a lower middle class, middle class having a car. It was just assumed as a rich man's area. Now even an autoriksha driver can think of Nano. Who knows tomorrow you and may be using Nano as our cabbi. See below how a Nano can change the society. Little bit of exageration, but worth have a look....

Flash Slideshow