Indians bailed out many US companies on the brink of closure

I am reading an article from yahoo.com
Indian companies made 143 acquisitions across various sectors in the United States over the last two years, bailed out many companies on the brink of closure and created some 30,000 jobs, according to a seminal new study.

In 2007-08 alone, 94 deals between the range of $0.8 million and $1,005 million were concluded with the disclosed value in 55 deals totalling $4,432 million, according to the joint study released by the Federation of Indian Chambers of Commerce and Industry (FICCI) and Ernst and Young.

In 2008-09, Indian companies were involved in 49 US-bound acquisitions. Of these, deal values were disclosed in 24 cases and their value totalled $960 million. The size of the deals were in the range of $0.70 million and $172 million, the report noted.

Indian Ambassador to the US Meera Shankar released the study titled 'India Contributes to Employment, Capital Growth and Tax Revenues in the US - Direct Investment by Indian companies in 2007-2009' at a function at the East West Centre here Tuesday.

Speaking of a transformation that the India-US bilateral relationship had witnessed in recent years, Shankar highlighted the complementarities and convergences in the relationship.

The US being the largest economy in the world was naturally a key economic partner for India, she said pointing out the growing two-way investment between both countries.

FICCI President Harsh Pati Singhania and Secretary General Dr. Amit Mitra also spoke about the developing economic ties between India and the US and the numerous opportunities for further cooperation.

The study shows that IT&ITeS (information technology and information technology enabled service), consumer products, pharmaceutical and manufacturing are the key sectors where companies are active in outbound acquisitions.

However, the IT&ITeS sector is the sector where a majority of the deals took place. The IT&ITeS sector, in fact, accounted for 50 percent of the total number of deals in 2007-08 and 40 percent of the total number of deals in 2008-09.

The report attributed the rise in Indian outbound investments to the US to strong economic growth, and easy availability of debt finance for companies.

Several Indian multinationals are still looking at acquiring US companies, despite the economic downturn which has raised the cost of overseas acquisitions.

http://in.news.yahoo.com/43/20090624/838/tbs-indian-firms-acquire-143-us-companie.html

Racist Attacks on indian students in Australia

Recently, there are attacks on indian students in melbourne and sydeny which gives a bad name to australia. Australian's are known for their racism and bullying in india which is clearly seen when there is an India Vs Austrlia Cricket Match, or you can say
Harbhajan Singh Vs Andrew Symonds and so on. There is an strong 97,000 population of Indians in Australia and now the australian's can feel the presence and they also fear the development of Indian community in india just like Lebanese and Italians.

You can read about the attacks on indians in australia from following links:
http://youthcurry.blogspot.com/2009/05/crocodile-dandi.html
http://timesofindia.indiatimes.com/Fresh-attack-on-Indian-student-in-Australia/articleshow/4630194.cms

Palm Cove- Cleanest Beach Australia 2003

Palm Cove Beach- Cleanest Beach of Australia -2003
Just have a look at this video.
I am Working just opposite to the beach.

India 2 Australia

I landed at cairns airport, Australia on 16th march via Singapore and Brisbane.
It was 27 hours of flight all together with stay at two airports and flying.
It’s a long journey from Patiala, Punjab, India to Cairns, Queensland, Australia.
It took hell out of me to complete all the process, be it completing legal papers, the financial matters, shopping and all that required to start a new life at a new place.
I am very much thankful to my friends, family and all the relatives, known and unknown person who helped me to reach where I am today.
Special thanks to my relatives who sponsored me and also those who can do anything for me. I got their support when I needed it most. It all goes well because I am lucky to have my entire dear and near one in my life. I could never planned all this study and living in Australia without support of my family and friends.

Review "Make Friends And Use them"

Just Going thru New posting in my frnd’s blog…
Make Frind n Use them

Gud point taken “Make Friends And Use Them”
I gt 2 rem d old dayz wen i used 2 heard this Line…
Five F's:
Find
Friend
Feed
F**k
Forget
This is one of the Commonest of common practices used in Todayz Corporate World…
Everythng is fair in luv n war…on d same lines “evrythng is fair in the war of corporates”
Just make good frnds arnd u in d office, in d colony, in d othr offices and wen u think d game is over juz threw them in d bin…
I just posted my views about this in my earlier posts:
Expectations and People
BTW ppl think they hve d license to play wid d emotions of othrs…n d worst thng they keep on doing these thngs on a daily …juz a part of their routine work or job…
Bt rem Life pays u bak in a similar fashion….
A one line quote in hindi:
“Ye dilo ka khel hai zalim…humne kisi ka toda or khud ka bacha na sake”
So, d ppl belonging to this catgory of making frnds n using dem Beware…
So juz luk out for d same class of ppl arnd u..
Hope u r nt a part of this “mke a fnrd and use them”

IELTS Examination....

Phew...
Atlast i got my ielts examinatin result ...
7.5 band out of Total 9 Band..
Thanks to my family and friends who supported me and helped me during preparation.
I think this much score is sufficient to get admission in some good university abroad.
Hope, to get great piece of help from all you guys who gonna read this post and i need a lot of advice and knowldge about universities in australia(current pref).
Please post your comments....

Friends!!

Today, after a long time i am writing this post just because of my friends whom i met today...
It's nice feeling to see all the friends together after a looong time since october 2007..
Hey ...but i am sad as i am not getting my customary gift " Parker Pen "

Keep Smiling and best of luck for your life...