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nareshsagar.blogspot.com – HEADLINES TECHNOLOGY BUSINESS WORLD SCIENCE ART & ENTERTAINMENT POLITICS MORE Thursday, Jun. 30, 2016 Next update in about 8 hours Archives Sagar Media in enkaysagar.wordpress.com – NorthEa…
Brexit vote: People, we’ve just watched the mainstream media lose its head | Fox News
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Creative Director of International Arts Festival (Mediale), Make It York
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Inventor RBI Governor to Vitalize Banking, Fight Black Money
July04, 2016 (C) Ravinder Singh progressindia2015@gmail.com
Prime Minister may kindly note RBI has reported ‘Large Borrowers Account for 86% of Bad Loans’ and 58% of Total Loans – I first discovered Corporate FRAUDS in 1974 when at BST found company was Reporting 45,000 T annual Production had Licensed Capacity of 144,000 T but Machines Rating was 315,000 T – Grossly Under Reporting Production.
Membership of British Council & American Center 1977 and Patent Gazettes ensured Unlimited Access to World’s KNOWLEDGE & IPR. Offered R&D and Technology to Tata, RIL, Birla, Sriram, Raunaq Singh, all top Private & PSU Companies; Writing to PMO on BOGUS R&D and Patents by CSIR-NRDC SAM PITRODA and Bad CORRUPT Projects since 1980.
Ø Something CAG admitted now I knew it in 1974 – I know how to take INDIA out of LOOT
REGIME in 2-3 Years; rest don’t have the Committment & Skills to do it in lifetime.
Ø Convert NPAs-Debt in to Equity, Reduce Holdings of Mallya or Ambanis to Under 10% –
Appoint Technical Experts to Run The Companies Than MBAs or CAs, Revive Companies in ICUs, Stop FUNDING DEAD Companies. Cut Wasteful & Unproductive Government Programs – Introduce INNOVATIVE Projects, GLOBAL Service R&D & Manufacturing Companies, Local Food Production & Processing.
Tragedy of India is that from Raghuram Rajan or Ruchir Sharma there is no one in the RBI & Indian Banking, Finance & Industry who knows Industry & Economy better that this Inventor – Their Understanding of Even Data is Pathetic. ‘Ruchir Sharma MISLEAD, China Economy is in Crisis – ROBUSTNESS OF ECONOMY DEPENDS ON IPR, EXPORTS and China today is No.1 in both.’
All ‘FREE MARKET IDEAS’ DO NOT APPLY IN INDIA OR CHINA – Banks in India do not lend to People or Companies who can generate say 50% annual return on Money Borrowed but the one who just service DEBT without creating jobs and pay 1% of the Turnover as Dividend.
THEIR IDEA OF ‘STOCK MARKET & ECONOMICS’ IN INDIA IS FRAUD OR CHINA ISFOOLISH
INDIA: – Companies Generate Wealth for Promoters & Little or Nothing for Public India. i.e.
Companies do not go for IPOs or FIXED Deposits to raise Capital but ‘Plug In To Banks.’ JINDAL POWER was Banks funded Capital Intensive 1000 MW pithead Project, Sold Power at Rs.10 Per Unit, Was DEBT FREE Within say 15-20 months – its Share Price was Rs.742December11, 2009 presently Trading at Rs.66.60 [Market Cap $15b – $0.9bJune29] – ‘BUT To Avoid Paying Taxes it Merged Power & Steel companies formed JSPL’ – run in to TROUBLE is Trying to sell Power Plant that too FUNDED By Banks. [A] There was 7% increase in Net Sales FY12 to FY15 but Borrowings have shot up 167% to Rs.45,000 Cr. [B] FY2015 Net Sales was [(-)1.5%]Rs.19,626 Cr to Rs.19,943 Cr FY2013 – borrowing JUMPED [85%] from Rs.24,618 cr to Rs.45,500 Cr. [C] FY16 results are EVEN WORSE – PAT Loss Rs.1999 Cr (-) 37%from Rs.1,455 Cr in FY15 and Turnover also is (-) 6%. JSPL DEBT UP FROMRs.13,976 Cr FY11 to Rs.60,000 Cr Estimate JUNE2016,QUADRUPLED LOANS IN 5 YEARS.
CHINA: – China is Totally MISUNDERSTOOD – IDEA OF CHINA IS TO CREATE 50% OF WORLD MANUFACTURING JOBS – When Global Market for Smart Phones is 1.9b 2016 – if China wants to Capture Say 900m or more – it has to keep Prices Lowest.
Indian Economy in Deep Crisis – How To Get Out of It?
India’s economy is in DEEP CRISIS, 50% Registered Companies are making Losses actual could be 80%, Not Going For IPO & Fixed Deposits to raise capital, ZERO Intellectual Property, our success and progress depends entirely on two things –
RBI – ‘Large borrowers’ share of gross bad loans jumped to 86.4% from 83.4% of the total and their share of total loans increased to 58% from 56.8% in September 2015, it said.’
1st – Smart & Intelligent Banking
2nd – Middlemen Free – Black Money Free India
i.] SMART BANKING: – I in past and Specifically in 2011 wanted banks to be Smart – ENGAGE 50,000 Engineers-MBAs to MONITOR COMPANY FINANCE & TECHNOLOGY NEEDS. Banks have no idea of Real Financial & Tech requirements of the Companies and release FUNDS in large or single installment – Excess Money is diverted to Less Critical Projects or Businesses of Hoarding Commodities and Trading or Unrelated SUBSIDIARIES.
Ø THIS WILL DRY UP DIVERSION OF FUNDS TO SUBSIDIARIES – Example – Instead of
Entire Collapse of RIL with 103 subsidiaries – Loss Making Subsidiaries shall fall.
Ø Companies shall go to STOCK MARKETS to raise Funds or Issue FIXED DEPOSITS.
Shareholding of Public Shall exceed 50% in 10 Years from 5% or so presently.
Ø Rs.30,00,000 Cr Can Be SAVED in three years by March2019 for FUNDING R&D
STARTUPS, Tech MSMEs & Food Processing etc Creating 20 Crore Jobs.
ii.] INTELLIGENT BANKING: – This SPECIAL UNIT may be common to Group of Banks shall Ensure That all Engineering Companies are LED by Qualified Professionals, Inbuilt R&D Program and New Products Developed, COMPETITIVE RANKING, Study Actual PROFIT MARGINS, VALUE ADDITIONS, TAX CONTRIBUTION, JOBS CREATION, Adequately Pay Staff, Invest in Quality Control, Energy Efficiency, Pollution Control, DIVIDEND Distribution.
Ø This is Like Complete ‘HEALTH CHECK UP’ of 10,000 Companies initially before Loans.
iii.] MIDDLEMEN, MONEYLENDER & BLACKMONEY FREE INDIA: –
Ø ‘MUDRA YOJNA’ funding Micro & Small Businesses is BIG Success,
Ø Extended it to Farmers & Food Processing Units – CONVERT SHORT TERM CROP LOANS
TO MEDIUM TERM LOANS FOR STORAGE OF FOODS TO REALIZE BEST PRICE; & LONG TERM LOANS for Food Processing Units.
Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
Y-77, Hauz Khas, New Delhi-110016, India. Ph; 091- 9871056471, 9718280435, 9650421857
Ravinder Singh* is a WIPO awarded inventor specializing in Power, Transportation,
Smart Cities, Water, Energy Saving, Agriculture, Manufacturing, Technologies and Projects
BW Businessworld Marketing Whitebook
Dear Mr. Kumar Sagar,
It is that time of the year again when BW Businessworld launches the essential handbook for marketers – BW Businessworld Marketing Whitebook – which is now in its 12th year.
With perspectives from top industry leaders and data and information across industry sectors, BW Businessworld Marketing Whitebook helps marketers in their everyday decision making. The theme of the book this year is ‘Game Changers of Marketing’.
Block your date to be part of the book launch, which is preceded by a half-day conference on the theme bringing together leading marketing chiefs of the country.
Our Keynote Speaker in Mumbai is Mr. Sanjiv Mehta, Chairman & Managing Director, Hindustan Unilever.
Launch date: July 27, 2016
Venue: ITC Grand Central Parel, Mumbai.
Event Registration: 2.00 PM (Followed by cocktails & dinner).
To ensure your place, please RSVP to: Prateek.goyal@exchange4media.com / 9769124432
We look forward to welcoming you to the event as our guest.
Regards,
Prateek Goyal
(OnBehalf) of Mr. Annurag Batra
Chairman & Editor-in-Chief
exchange4media Group
Chairman & Editor-in-Chief
exchange4media Group
Aanjan, Jonathan & Aadityansh – Champions of the JK Tyre IndiKarting National Series
Aanjan, Jonathan & Aadityansh – Champions of the JK Tyre IndiKarting National Series
· Winners get a sponsored drive in the JK Tyre-FMSCI National Rotax Championship
Noida, 4th July 2016: The fifth and final round of the JK Tyre IndiKarting National Series, powered by Tata Motors was a resounding success as Wonder Speedway played host to India’s largest karting series. The series received over 1000 entries till the fourth round and the final round saw over 300 entries from all over the country across all categories.
In the end it was Aanjan Patodia in the Pro Senior, Jonathan Kurikose in the Pro Junior & Aadityansh Kaulshi in the Pro Cadet category who took the laurels. They earned the maximum points in their respective categories after 15 races across five rounds and in the process, claimed the fully sponsored drives in the JK Tyre-FMSCI National Rotax Championship.
The finals of the Pro Senior category was the most exciting affair of the day Aaroh Ravindra from Mumbai led the standings by a sole point going into the final round. However, Aanjan drove superbly in the final race to claim the title. Aaroh finished 2nd ahead of Rahul Saran from Bangalore. The Pro Cadet had Mumbai’s Hoshmand Elavia in 2nd, followed by Bangalore’s Saatvik Kogileti in third. Aditya Joshi from Pune & Mira Erda from Vadodara were 2nd & 3rd in the Pro Junior.
The winners will now graduate from the 4-stroke karts to the much faster Rotax 2-stroke karts with top speeds of 100-105 Kmph in the JK Tyre-FMSCI National Rotax Karting Championship, the country’s only recognised karting championship. This will give them a unique opportunity to race and test their skills against some of the best talents in the country.
Earlier in the day, tough competition saw numerous entertaining battles in the various races. Aaroh Ravindra from Mumbai entered the final round of the National Round virtually neck & neck with Aanjan Patodia. Race one of the Pro Senior proved to be Aaroh’s undoing, when he had a jumped start. He then fell down the order, but climbed back up in wonderful fashion to third. However, the jump start penalty took away the brilliant result. Aanjan Patodia won ahead of Varun Anekar & Alex Bora. The reverse grid in second race saw Aaroh win ahead of Rahul Sharan & Aanjan. In the final race of the event, Aanjan once again proved his mettle and took the chequered flag ahead of Aaroh & Varun. In the Pro Junior category, Mira Erda picked up two victories while Jonathan Kuriakose bagged one.
The Pro Cadet saw Hoshmand Elavia win from 2nd on the grid ahead of National Series leader Aadityansh. local lad Aryan Vasishta finished in 3rd place. Race two had Saatvik Kogileti hold of Aryan, while Hoshmand came from the back to take the 3rdplace. The third was once again dominated by Hoshmand while Aadityansh & Saatvik completed the podium.
“We are delighted with the response that we have received for the JK Tyre IndiKarting National Series. The idea behind this series was to promote karting among the masses and this series has achieved just that. JK Tyre has always believed in promoting motorsport and making it more accessible and affordable to talent irrespective of affordability in a sport which has traditionally been highly inaccessible. We are sure that this initiative will prove to be a milestone in unearthing and promoting new talent in the country.” said Sanjay Sharma, Head Motorsports and Corporate Communication, JK Tyre & Industries.
“The five Round JK Tyre IndiKarting National Series has achieved our goal of opening up motorsports to the masses. The huge number of entries & the fact that over 65% participating in any form of motorsport for the first time is proof. We are really thankful to JK Tyre & Tata Motors for believing in us & supporting this venture” said Rayomand Banajee, promoter of IndiKarting
The Naresh Kumar Sagar Daily
The Times Group
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