Posts Tagged: India

MICHHAMI DUKKADAM

On eve of Jain Paryushan Festival, I request

KHAAMEMI SAVVE JEEVA (I grant forgiveness to all living beings)
SAVVE JEEVA KHAMANTU ME (May all living beings grant me forgiveness)
METTI ME SAVVE BHUYESU (My friendship is with all living beings)
VAIRAM MAJHAM NA KENAI (My enemy is totally non-existent)

MICHHAMI DUKKADAM
With best wishes and prayers for the well-being of all living beings!

Indian company to create call center jobs in the US

There is one word used over and over again in India to describe JustDial

http://i0.wp.com/tctechcrunch.files.wordpress.com/2010/03/mani_just_dial_01.jpg?resize=180%2C119

The idea is simple: You call up and within the first ring a real person picks up the phone, you ask them for any business listing – in any category – and within 45 seconds they email or text you the information or, if you prefer, connect the call.

The company will end its fiscal year at the end of March with some $32 million in revenues having answered 72 million calls in the last year. That call volume is increasing by 40%, so the company expects to break 100 million calls in the next year. In a country where nearly everyone has a mobile phone but just 50 million people have Internet access, JustDial is essentially Google and 411 rolled together.

The move is a direct volley at a service like GOOG-411, which has opted to do the same thing, but using voice recognition software. But Founder and CEO V.S.S. Mani (pictured above, in one of his call centers) is betting that nothing beats a human voice with a quick answer.

For now, JustDial’s US operations will be handled out of India, where the company employs some 4,000 people but, in a twist to the direction most call center jobs are flowing, Mani plans to hire up big in the US—up to 1,000 people mostly in under-employed, rural areas. “We need a big presence in the US very soon,” Mani says. That right– an Indian company will be creating call center jobs in the US

Union Budget 2010-2011 (Govt. of India)

  • More services to be brought under service tax net
  • Service tax to result in net revenue gain of Rs 3000cr
  • Customs duty on gold to be reduced; silver at Rs 1500/kg
  • Uniform concessional duty of 5% on all medical appliances
  • Rationalising of customs on gaming software
  • Custom duty of one of the key component of microwave oven reduced

Read Complete highlights @ http://www.financialexpress.com/news/highlights-of-201011-union-budget/584818/

Highlights of Union Budget 2010 (Govt. of India)

  • Finance Mister, Mr. Pranab Mukherjee presented the Budget for 2010 – 2011 today with an eye towards growth, yet targeted to enforce fiscal discipline. With the reduction in income tax rates (providing much relief to the already stretched wallet of the Indian tax payer!) as well as the hike in rates of petro products, the FM has shown that it is serious in terms of achieving its objective of implementing reforms in the areas of direct tax and reduction in subsidies. An unexpected announcement was that of the grant of new banking licenses to private players including NBFCs.
  • The fiscal deficit target for FY11 has been set at 5.5% of GDP, with further improvement to 4.8% in FY12 & 4.1% in FY13. The reduced government borrowing of 3.45 lakh crores for FY11 is a positive.
  • Divestments for the current year are targeted at Rs. 25,000 crores which seems achievable. Key areas requiring attention have been addressed with increased spending on infrastructure, agriculture, rural development, health and education.
  • The much awaited reforms in taxation, Direct Tax Code (DTC) and GST have not been discussed in detail but confidence was restored with rollout been fixed as 1st April, 2011. Nevertheless, with the reduction in tax rates, the FM has clearly displayed his seriousness in ensuring the smooth rollout of the DTC.
  • The Budget has partially rolled backed stimulus measures by hiking excise duty by 2% on all non-petroleum goods like cement, auto, etc. The hike in excise duty levied on petroleum products will have an inflationary impact.
  • On the corporate side, surcharge on corporate tax has been reduced to 7.5% from 10%, with the effective corporate tax now lower at 33.22% versus 33.99%. MAT has been increased to 18% from 15% which can impact some large corporates.
  • The Government has taken steps to simplify the FDI policy by consolidating all prior regulations and guidelines into one comprehensive document. This we believe is a good step in order for a developing country like India to continuously attract long term funds. The issue of FDI in sectors like Retail and Insurance have not been discussed in the Budget, but it could be brought up in the FDI policy document.

The FM has re-emphasized his commitment to the reform process and positive steps have been taken in this regard. However, the final verdict will depend on the conversion of this positive intent into actual execution.

Source : Edelweiss.in

Ways to type in Hindi …

There are several ways to type in Hindi. Some of these include:

Indian Animation Industry

In possible good news for a faltering animation industry in India, NASSCOM has forecasted that the industry will grow to USD 1 billion by 2012 from an estimated USD 494 million in 2008.

The report, released at the NASSCOM Animation & Gaming Summit 2009 in Hyderabad, outlines the key challenges for the animation and vfx markets. Noteworthy among them are: ‘the limited demand for animation due to limited promotional budgets and restricted theatrical distribution, scarcity of long-term financing for animated films, competition from foreign animation and restricted use of vfx in Bollywood.’

Interestingly, the animation entertainment segment (which includes feature films, direct-to-DVD, advertising and TV) accounted only 22% of the total market in 2008; while vfx accounted for a mere 13% of the pie. As of today several animation films are in the pipeline for release next year. Biren Ghose, Chairman of NAGFO, who recently joined Paprikaas as General Manager, said, “Not many of the 15 or so animation films that have been announced will release next year.”

On a positive note, he said, “Visual effects (vfx) is an emerging market. About 8-12% of a movie’s budget is spent on vfx. Despite questions raised about the failure of vfx-heavy movies, it has to be noted that Aladin’s vfx budget was only 16% (10-20 crores) of the total cost. In other countries, box-office revenues are small chunk of total profit made by a feature, but in India box-office collection plays a major part in the revenues.”

He also added that animation industry should adapt to Bollywood’s example of having restructured to a higher profitability model, post recession.

Internet Statistics in India

Akamai Technologies has released its ‘State of the Internet’ study for the second quarter 2009. The study analyses internet statistics in Indian states, and takes into account traffic attacks, outages, network connectivity, and so on.

Following are few of the highlights related to Internet in India

  • Average internet speed in was above 768 kbps.
  • India has over 3 million unique IP addresses and stands at number 20 in the world for the category.
  • In terms of connectivity speed, India stands at 107th position, with 895 kbps.
  • India stands fourth in the world for observed attack traffic.
  • Globally for high broadband adoption, India stands at number 65.
  • Happy Birthday Father Gandhi Ji ..

    There is a name that profounds too big than anyone when we think of our freedom, India’s freedom. Though we are talking about freedom fighter but the irony is that this person is known for non violence or zero violence.

    Simple, Zero violence, follower of Ahimsa principles … the none other than … my and entire India’s father .. Mahatma Gandhi.

    Today we celebrate birthday of Gandhi, my hearty wishes to his soul.

    I pray and wish that every individual on earth follows non-violence taught to us by reglious souls like Mahavira, Buddha and then practiced by leader like Gandhi.

    Happy Birthday Gandhi Ji ..

    Gandhiji

    Nandan Nilekani’s Fully integrated ID card system!

    Indian govt is thinking of issuing fully inegrated ID card to every Indian, this initiative is headed by Nandan Nilekani. Following is a small hilarious act on how the Life then would be as follows:

    Operator : “Thank you for calling Pizza Hut . May I have your…”

    Customer: “Helo, can I order..”

    Operator : “Can I have your multi purpose ID card number first, Sir?”

    Customer: “It’s he…, hold……….on…….889861356102049998-45-54610″

    Operator : “OK… You’re… Mr Singh and you’re calling from 17 JalVayu. Your home number is 22678893, your office 25076666 and your mobile is 9869798888. Which number are you calling from now Sir?”

    Customer: “Home! How did you get all my phone numbers?

    Operator : “We are connected to the system Sir”

    Customer: “May I order your Seafood Pizza…”

    Operator : “That’s not a good idea Sir”

    Customer: “How come?”

    Operator : “According to your medical records, you have high blood pressure and even higher cholesterol level Sir”

    Customer: “What?… What do you recommend then?”

    Operator : “Try our Low Fat Pizza. You’ll like it”

    Customer: “How do you know for sure?”

    Operator : “You borrowed a book entitled “Popular Dishes” from the National Library last week Sir”

    Customer: “OK I give up… Give me three family size ones then, how much will that cost?”

    Operator : “That should be enough for your family of 05, Sir. The total is Rs 500.00″

    Customer: “Can I pay by Credit card?”

    Operator : “I’m afraid you have to pay us cash, Sir. Your credit card is over the limit and you owe your bank Rs 23,000.75 since October last year. That’s not including the late payment charges on your housing loan, Sir..”

    Customer: “I guess I have to run to the neighborhood ATM and withdraw some cash before your guy arrives”

    Operator : “You can’t Sir. Based on the records, you’ve reached your daily limit on machine withdrawal today”

    Customer: “Never mind just send the pizzas, I’ll have the cash ready. How long is it gonna take anyway?”

    Operator : “About 45 minutes Sir, but if you can’t wait you can always come and collect it on your Nano Car…..”

    Customer: “What!”

    Operator : “According to the details in system ,you own a Nano car,…registration number GZ-05-AB-1107..”

    Customer: “????”

    Operator : “Is there anything else Sir?”

    Customer: “Nothing… By the way… Aren’t you giving me that 3 free bottles of cola as advertised?”

    Operator : “We normally would Sir, but based on your records you’re also diabetic……. ”

    Customer: #$$^%&$@$% ^

    Operator: “Better watch your language Sir.. Remember on 15th July 2010 you were convicted of using abusive language on a policeman…?”

    Customer Faints

    World celebrates India Independence day

    Today 15 August is the day we(Indians) celebrate our independence day

    “At the stroke of the midnight hour, when the world sleeps, India will awake to life and freedom. Happy Independence Day to everyone !”

    These was the first announcement which was made by Our First PM Jawaharlal Nehru

    Also see the world celebrating India’s independence day …

    Independence Day Celebration @ Orkut.com

    Independence Day Celebration @ Orkut.com