15 Companies That Might Not Survive 2009

Who's next?

With consumers shutting their wallets and corporate revenues plunging, the business landscape may start to resemble a graveyard in 2009. Household names like Circuit City and Linens 'n Things have already perished. And chances are, those bankruptcies were just an early warning sign of a much broader epidemic.

Moody's Investors Service, for instance, predicts that the default rate on corporate bonds - which foretells bankruptcies - will be three times higher in 2009 than in 2008, and 15 times higher than in 2007. That could equate to 25 significant bankruptcies per month.

We examined ratings from Moody's and data from other sources to develop a short list of potential victims that ought to be familiar to most consumers. Many of these firms are in industries directly hit by the slowdown in consumer spending, such as retail, automotive, housing and entertainment.

But there are other common threads. Most of these firms have limited cash for a rainy day, and a lot of debt, with large interest payments due over the next year. In ordinary times, it might not be so hard to refinance loans, or get new ones, to help keep the cash flowing. But in an acute credit crunch it's a different story, and at companies where sales are down and going lower, skittish lenders may refuse to grant any more credit. It's a terrible time to be cash-poor.

[See how Wall Street continues to doom itself.]

That's why Moody's assigns most of these firms its lowest rating for short-term liquidity. And all the firms on this list have long-term debt that Moody's rates Caa or lower, which means the borrower is considered at least a "very high" credit risk.

Once a company defaults on its debt, or fails to make a payment, the next step is usually a Chapter 11 bankruptcy filing. Some firms continue to operate while in Chapter 11, retaining many of their employees. Those firms often shed debt, restructure, and emerge from bankruptcy as healthier companies.

But it takes fresh financing to do that, and with money scarce, more bankrupt firms than usual are likely to liquidate - like Circuit City. That's why corporate failures are likely to be a major drag on the economy in 2009: In a liquidation, the entire workforce often gets axed, with little or no severance. That will only add to unemployment, which could hit 9 or even 10 percent by the end of the year.

[Want to land a plum job without paying taxes? Here's how.]

It's possible that none of the firms on this list will liquidate, or even declare Chapter 11. Some may come up with unexpected revenue or creative financing that helps avert bankruptcy, while others could be purchased in whole or in part by creditors or other investors. But one way or another, the following 15 firms will probably look a lot different a year from now than they do today:

Rite Aid. (Ticker symbol: RAD; about 100,000 employees; 1-year stock-price decline: 92%). This drugstore chain tried to boost its performance by acquiring competitors Brooks and Eckerd in 2007. But there have been some nasty side effects, like a huge debt load that makes it the most leveraged drugstore chain in the U.S., according to Zacks Equity Research. That big retail investment came just as megadiscounter Wal-Mart was starting to sell prescription drugs, and consumers were starting to cut bank on spending. Management has twice lowered its outlook for 2009. Prognosis: Mounting losses, with no turnaround in sight.

Claire's Stores. (Privately owned; about 18,000 employees.) Leon Black's once-renowned private-equity firm, the Apollo Group, paid $3.1 billion for this trendy teen-focused accessory store in 2007, when buyout funds were bulging. But cash flow has been negative for much of the past year and analysts believe Claire's is close to defaulting on its debt. A horrible retail outlook for 2009 offers no relief, suggesting Claire's could follow Linens 'n Things - another Apollo purchase - and declare Chapter 11, possibly shuttering all of its 3,000-plus stores.

[See 5 pieces missing from Obama's stimulus plan.]

Chrysler. (Privately owned; about 55,000 employees). It's never a good sign when management insists the company is not going out of business, which is what CEO Bob Nardelli has been doing lately. Of the three Detroit automakers, Chrysler is the most endangered, with a product portfolio that's overreliant on gas-guzzling trucks and SUVs and almost totally devoid of compelling small cars. A recent deal with Fiat seems dubious, since the Italian automaker doesn't have to pony up any money, and Chrysler desperately needs cash. The company is quickly burning through $4 billion in government bailout money, and with car sales down 40 percent from recent peaks, Chrysler may be the weakling that can't cut it in tough times.

Dollar Thrifty Automotive Group. (DTG; about 7,000 employees; stock down 95%). This car-rental company is a small player compared to Enterprise, Hertz, and Avis Budget. It's also more reliant on leisure travelers, and therefore more susceptible to a downturn as consumers cut spending. Dollar Thrifty is also closely tied to Chrysler, which supplies 80 percent of its fleet. Moody's predicts that if Chrysler declares Chapter 11, Dollar Thrifty would suffer deeply as well.

Realogy Corp. (Privately owned; about 13,000 employees). It's the biggest real-estate brokerage firm in the country, but that's a bad thing when there are double-digit declines in both sales and prices, as there were in 2009. Realogy, which includes the Coldwell Banker, ERA, and Sotheby's franchises, also carries a high debt load, dating to its purchase by the Apollo Group in 2007 - the very moment when the housing market was starting to invert from a soaring ride into a sickening nosedive. Realogy has been trying to refinance much of its debt, prompting lawsuits. One deal was denied by a judge in December, reducing the firm's already tight wiggle room.

[See why "Wall Street talent" is an oxymoron.]

Station Casinos. (Privately owned, about 14,000 employees). Las Vegas has already been creamed by a biblical real-estate bust, and now it may face the loss of its home-grown gambling joints, too. Station - which runs 15 casinos off the strip that cater to locals - recently failed to make a key interest payment, which is often one of the last steps before a Chapter 11 filing. For once, the house seems likely to lose.

Loehmann's Capital Corp. (Privately owned; about 1,500 employees). This clothing chain has the right formula for lean times, offering women's clothing at discount prices. But the consumer pullback is hitting just about every retailer, and Loehmann's has a lot less cash to ride out a drought than competitors like Nordstrom Rack and TJ Maxx. If Loehmann's doesn't get additional financing in 2009 - a dicey proposition, given skyrocketing unemployment and plunging spending - the chain could run out of cash.

Sbarro. (Privately owned; about 5,500 employees). It's not the pizza that's the problem. Many of this chain's 1,100 storefronts are in malls, which is a double whammy: Traffic is down, since consumers have put away their wallets. Sbarro can't really boost revenue by adding a breakfast or late-night menu, like other chains have done. And competitors like Domino's and Pizza Hut have less debt and stronger cash flow, which could intensify pressure on Sbarro as key debt payments come due in 2009.

Six Flags. (SIX; about 30,000 employees; stock down 84%). This theme-park operator has been losing money for several years, and selling off properties to try to pay down debt and get back into the black. But the ride may end prematurely. Moody's expects cash flow to be negative in 2009, and if consumers aren't spending during the peak summer season, that could imperil the company's ability to pay debts coming due later this year and in 2010.

Blockbuster. (BBI; about 60,000 employees; stock down 57%). The video-rental chain has burned cash while trying to figure out how to maximize fees without alienating customers. Its operating income has started to improve just as consumers are cutting back, even on movies. Video stores in general are under pressure as they compete with cable and Internet operators offering the same titles. A key test of Blockbuster's viability will come when two credit lines expire in August. One possible outcome, according to Valueline, is that investors take the company private and then go public again when market conditions are better.

Krispy Kreme. (KKD; about 4,000 employees; stock down 50%). The donuts might be good, but Krispy Kreme overestimated Americans' appetite - and that's saying something. This chain overexpanded during the donut heyday of the 1990s - taking on a lot of debt - and now requires high volumes to meet expenses and interest payments. The company has cut costs and closed underperforming stores, but still hasn't earned an operating profit in three years. And now that consumers are cutting back on everything, such improvements may fail to offset top-line declines, leading Krispy Kreme to seek some kind of relief from lenders over the next year.

Landry's Restaurants. (LNY; about 17,000 employees; stock down 66%). This restaurant chain, which operates Chart House, Rainforest Café, and other eateries, needs $400 million in new financing to finalize a buyout deal dating to last June. If lenders come through, the company should have enough cash to ride out the recession. But at least two banks have already balked, leading to downgrades of the company's debt and the prospect of a cash-flow crunch.

Sirius Satellite Radio. (SIRI - parent company; about 1,000 employees; stock down 96%). The music rocks, but satellite radio has yet to be profitable, and huge contracts for performers like Howard Stern are looking unsustainable. Sirius is one of two satellite-radio services owned by parent company Sirius XM, which was formed when Sirius and XM merged last year. So far, the merger hasn't generated the savings needed to make the company profitable, and Moody's thinks there's a "high likelihood" that Sirius will fail to repay or refinance its debt in 2009. One outcome could be a takeover, at distressed prices, by other firms active in the satellite business.

Trump Entertainment Resorts Holdings. (TRMP; about 9,500 employees; stock down 94%). The casino company made famous by The Donald has received several extensions on interest payments, while it tries to sell at least one of its Atlantic City properties and pay down a stack of debt. But with casino buyers scarce, competition circling, and gamblers nursing their losses from the recession, Trump Entertainment may face long odds of skirting bankruptcy.

BearingPoint. (BGPT; about 16,000 employees; stock down 21%). This Virginia-based consulting firm, spun out of KPMG in 2001, is struggling to solve its own operating problems. The firm has consistently lost money, revenue has been falling, and management stopped issuing earnings guidance in 2008. Stable government contracts generate about 30 percent of the firm's business, but the firm may sell other divisions to help pay off debt. With a key interest payment due in April, management needs to hustle - or devise its own exit strategy.

- With Carol Hook, Danielle Burton and Stephanie Salmon

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Some health Tips

Hey people u have to write here some treatments.......it may be related to any season..........but now its season of summer & all need good health so....keep replying & post ur suggestions & ur tricks .........& enjoy all the seasons.........

Summer :

in summer our body needs water....& cold .......& if u are suffring from any type of problem like....vomiting , headach , low bp , accidity , pain in stomach & feel very hot .........u should imidiatlly make neembu pani ( lemon water , soda.....)

Heres the method :-

1) take 1 tumblar water.
2) take a middle sized lemon.....cut it & take out its juice then mix it with the water.
3) take salt & put it in the water according to ur taste.
4) take sugar 1 table spoon & mix with water.
5) take flavoured jira ( sika & pisa hau jira ) & mixed it also.

Now mixed all the items & u can use ice cubes in it. Your neembu pani ( lemon water . Soda ) is ready......after take it u feel relex & fresh ....u can take it anytime. No sideeffect......

Make it at home & enjoy.......

Write what did u feel after taking it........

Hey friends
if u or anyone else at ur home is suffring from " jaundice ".....u can give them ayurevedic medicine at home...


Method :-

1) take 10g alum's powder ( fitkari ka powder).
2) take 20g jira's powder ( kaccha & bina sika hua jire ka powder ).
3) mix both types of powder .

How to take :-

1) quantity of powder :- u have to take it equalent of a "gram" with simple water (1 chane
ke baraber )
2) in a day , take three times this medicine ( in the morning, in the noon &in the evening )

note :-

this medicine's taste is not so good.......i know it bcz i took it.....so, for no taste u can take it with banana . But bcz of only taste dont throw out it from the mouth......by this medicine u will cover up fastly.......there is a benifit ,no need to take any doctors medicine....but u can go for check up. So take this medicine till u would not come in ur privious happy & healthy life...................:)

so try this one also. Its not costly & recover fast......so take it & enjoy ur life


for getting rid of dark circles below eye lids

tip 1:

grate 2' piece of cucumber. Squeeze through a muslin cloth and extract the juice. Dip cotton pads in this and place on eyelids. Relax for 15 minutes.

Tip 2:

take 1 tspn tomato pulp,1 pinch of turmeric powder â½ tspn of limejuice and 1 tspn of gram flour. Make a paste and apply gently. Remove gently with moist cotton pads after â½ an hour.

Tip 3:

soak 2 almonds overnight. Peel and grind to a smooth paste. Add a few drops of limejuice to this apply for 20-25 minutes. This should be followed daily and gradually after 2 weeks, every 3rd day and finally when the difference is visible, to once aeek. A paste of almonds can be stored in a clean bottle in the 'fridge.

Tip 4:

apply a paste made by crushing a handful of mint leaves.


Its summer season & days are too hot.........then for cold should we do?????//

1. U should take milk in the morning ,if possible should take in night also.
2. U should drink a lots of water. Near 10 glasses in a day must take.
3. Should not go anywhere in noon.......& of u go then take one glass of neembu pani.
4. In the early morning u should take 1st one glass of honey & lemon with boiled water
( 1 table spoon honey & 2 lemon juice with boiled water ( temp. Of waher should be there
which can u take))
5. Do excercise & meditation, its good for health.

For pimples and scars left by it

mix 1 tsp of lemon juice and one tsp of rose water, apply on face and wash off after 15 minutes repeat this daily for 15-20 days and watch the difference

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cold and cough

cold and cough

Symptoms:

Following are the signs that indicate the presence of this ailment:

Running or blocked nose
Sneezing
Sore throat
Congestion
Headache
Low fever with body pain
Loss of appetite
Lethargy
Insomnia

Causes:

The aggravation of kapha due to the intake of cold food, drinks and fried stuff etc causes cough. Seasonal changes is also one of the reasons for cough Improper digestion of food transforms into a mucus toxin (Ama) and this circulates through the body and reaches the respiratory system, where it causes colds and coughs.

Remedies:

The body should be kept warm - especially the feet, chest, throat and head. Sweating is very helpful.
Take half a teaspoon of ginger juice with half a teaspoon of honey, three times a day (morning, noon and night). In winter, warm the mixture by mixing a teaspoon of warm water in it.

Mix half a cup of warm water with one teaspoon of lemon juice and one teaspoon of honey.
Dosage: Take several times a day.
In cases of dry cough (especially during the night), peel a small piece of fresh ginger. Sprinkle some salt on it and chew.
Take equal amounts of cardamom, ginger powder, black pepper and cinnamon (1 teaspoon each). Add sugar equal to the total amount of mixture and grind to make a fine powder.

Dosage: Take half a teaspoon twice daily, with honey or warm water after meals.
In cases of sore throat, a clove or two cardamoms or a few raisins can be chewed.Gargling with warm salty water two to three times a day is also beneficial.

Dos and Don'ts:

The food and activities that are to be avoided are as follows:

Cold foods and drinks
Ice cream, sweets
Fried foods
Milk products (cheese, creams, yogurt)
Sweet fruit juices
Breads
Meats
Nuts
Pastries
Sleeping during the day
Taking a cold shower
Exposure to cold wind, fans, air conditioners

Following are the substances and activities that should be taken in cough:

Boiled or steamed vegetables
Vegetable soup
Spice teas

Herbal teas
Hot milk with a piece of crushed ginger
Half a teaspoon of turmeric powder mixed in milk provides relief.

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Softwarism!! ( IT Humor )

Gandhism:

You have two cows. But you drink goat's milk.

Indiraism:

You have two bulls. You adamantly consider them as cows.

Lalooism:

You have two cows. You buy Rs. 900 Crore worth of cattlefeed for them.

Rajnikantism:

You have two cows. You throw them into air and catch their milk in your mouth.

Rajivism:

You have two cows. You paint them both to get colourful milk.

Softwarism:(Ultimate....):

Client has 2 cows and u need to milk them

1 . First prepare a document when to milk them (Project kick off)

2 . Prepare a document how long you have to milk them (Project plan)

3 . Then prepare how to milk them (Design)

4 . Then prepare what other accessories are needed to milk them (Framework)

5 . Then prepare a 2 dummy cows (sort of toy cows) and show to client the way in which u will milk them (UI Mockups & POC)

6 . If client is not satisfied then redo from step 2

7 . You actually start milking them and find that there are few problem with accessories. (Change framework)

8 . Redo step 4

9 . At last milk them and send it to onsite. (Coding over)

10. Make sure that cow milks properly ( Testing)

11. Onsite reports that it is not milking there.

12. You break your head and find that onsite is trying to milk from bulls

13. At last onsite milk them and send to client (Testing)

14. Client says the quality of milk is not good. (User Acceptance Test)

15. Offsite then slogs and improves the quality of milk

16. Now the client says that the quality is good but its milking at slow rate (performance issue)

17. Again you slog and send it with good performance.

18. Client is happy???

By this time both the COWs aged and cant milk. (The software got old and get ready for next release repeat from step 1) !!!!!

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How to know BAR CODES of different countries

Dear all friends
The whole world is scared of China made "black hearted goods"
Can you differentiate which one is made in Taiwan or China? Let me tell! u … the first 3 digits of barcode 690.691.692 is made in CHINA. Do not ever buy it for your own health.

471 is Made in Taiwan

This is a human right to know, but the government and related department never educate the public, therefore we have to rescue ourselves. Remember.



00-13: USA & Canada
20-29: In-Store Functions
30-37: France

40-44: Germany
45: Japan (also 49)
46: Russian Federation

471: Taiwan
474: Estonia
475: Latvia

477: Lithuania
479: Sri Lanka
480: Philippines

482: Ukraine
484: Moldova
485: Armenia

486: Georgia
487: Kazakhstan
489: Hong Kong

49: Japan (JAN-13)
50: United Kingdom
520: Greece

528: Lebanon
529: Cyprus
531: Macedonia

535: Malta
539: Ireland
54: Belgium & Luxembourg

560: Portugal
569: Iceland
57: Denmark

590: Poland
594: Romania
599: Hungary

600 & 601: South Africa
609: Mauritius
611: Morocco

613: Algeria
619: Tunisia
622: Egypt

625: Jordan
626: Iran
64: Finland

690-692: China
70: Norway
729: Israel

73: Sweden
740: Guatemala
741: El Salvador

742: Honduras
743: Nicaragua
744: Costa Rica

746: Dominican Republic
750: Mexico
759: Venezuela

76: Switzerland
770: Colombia
773: Uruguay

775: Peru
777: Bolivia
779: Argentina

780: Chile
784: Paraguay
785: Peru

786: Ecuador
789: Brazil
80 - 83: Italy

84: Spain
850: Cuba
858: Slovakia

859: Czech Republic
860: Yugoslavia
869: Turkey

87: Netherlands
880: South Korea
885: Thailand

888: Singapore
890: India
893: Vietnam

899: Indonesia
90 & 91: Austria
93: Australia

94: New Zealand
955: Malaysia
977: International Standard Serial Number for Periodicals (ISSN)

978: International Standard Book Numbering (ISBN)
979: International Standard Music Number (ISMN)
980: Refund receipts

981 & 982: Common Currency Coupons
99: Coupons

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ME and MY BOSS

When I Take a long time to finish, I am slow,

When my boss takes a long time, he is thorough

When I don't do it, I am lazy,

When my boss does not do it, he is busy,

When I do something without being told, I am trying to be smart,

When my boss does the same, he takes the initiative,

When I please my boss, I am apple polishing,

When my boss pleases his boss, he is cooperating,

When I make a mistake, I' am an idiot.

When my boss makes a mistake, he's only human.

When I am out of the office, I am wondering around.

When my boss is out of the office, he's on business.

When I am on a day off sick, I am always sick.

When my boss is a day off sick, he must be very ill.

When I apply for leave, I must be going for an interview

When my boss applies for leave, it's because he's overworked

When I do good, my boss never remembers,

When I do wrong, he never forgets

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A Violinist in the Metro

A man sat at a metro station in Washington DC and started to play the violin; it was a cold January morning. He played six Bach pieces for about 45 minutes. During that time, since it was rush hour, it was calculated that thousands of people went through the station, most of them on their way to work. Three minutes went by and a middle aged man noticed there was musician playing. He slowed his pace and stopped for a few seconds and then hurried up to meet his schedule.


A minute later, the violinist received his first dollar tip: a woman threw the money in the till and without stopping continued to walk. A few minutes later, someone leaned against the wall to listen to him, but the man looked at his watch and started to walk again. Clearly he was late for work.


The one who paid the most attention was a 3 year old boy. His mother tagged him along, hurried but the kid stopped to look at the violinist. Finally the mother pushed hard and the child continued to walk turning his head all the time. This action was repeated by several other children. All the parents, without exception, forced them to move on.

In the 45 minutes the musician played, only 6 people stopped and stayed for a while. About 20 gave him money but continued to walk their normal pace. He collected $32. When he finished playing and silence took over, no one noticed it. No one applauded, nor was there any recognition. No one knew this but the violinist was Joshua Bell, one of the best musicians in the world. He played one of the most intricate pieces ever written with a violin worth 3.5 million dollars.


Two days before his playing in the subway, Joshua Bell sold out at a theater in Boston and the seats average $100.

This is a real story. Joshua Bell playing incognito in the metro station was organized by the Washington Post as part of an social experiment about perception, taste and priorities of people. The outlines were: in a commonplace environment at an appropriate hour:


Do we perceive beauty?
Do we stop to appreciate it?
Do we recognize the talent in an unexpected context?


One of the possible conclusions from this experience could be:

If we do not have a moment to stop and listen to one of the best musicians in the world playing the best music ever written, how many other things are we missing? Think on!!!!

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Ego

There was once a learned scientist. After a lot of practice and efforts, he developed a formula and learned the art of reproducing himself. He did it so perfectly that it was impossible to tell the reproduction from the original.


One day while doing his research, he realized that the Angel of Death was searching for him. In order to remain immortal he reproduced a dozen copies of himself. The reproduction was so meticulous that all of them looked exactly like him. Now when this Angel of Death came down, he was at a loss to know which of the thirteen before him was the original scientist, and confused, he left them all alone and returned back to heaven. But, not for long, for being an expert in human nature, the Angel came up with a clever idea.

He said to the scientist addressing all thirteen of them, "Sir, you must be a genius to have succeeded in making such perfect reproduction formula of yourself. However, I have discovered a flaw in your work, just one tiny little flaw." The scientist immediately jumped out and shouted, "Impossible! where is the flaw?" "Right here" said the Angel, as he picked up the scientist from among the reproductions and carried him off. The whole purpose of the scientist and his formula of reproduction failed as he could not control his pride and lost his life.


So while one's Knowledge and Skills takes one to the top of the ladder and makes one successful, however the three letter word "EGO" can pull one down immediately. Let go one's Ego.

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TCS to increase working hours, may freeze variable pay

KOLKATA: It’s official now. Tata Consultancy Services (TCS), the country’s biggest software company in terms of sales, may freeze variable pay to



its over 1 lakh employees as part of a string of cost-management initiatives to cope with the pangs of the global meltdown. The company has also decided to increase employee working hours from April 1, 2009, to 45 hours per week from the present 40 hours that every TCSer needs to clock each week. This was indicated by TCS chief executive officer & managing director S. Ramadorai here on on Thursday.

"In a bid to rein in total manpower costs and spruce up employee efficiency and productivity levels, TCS will take a relook at its performance-linked variable pay practices. Variable compensation payout accounts for 7.5-to-8% of our revenues and this will now be reviewed," said Mr Ramadorai. Manpower costs account for 53% of TCS’s total costs.

Elaborating on other initiaitives to beef up internal efficiences, Mr Ramadorai also confirmed that TCS is increasing employee working hours to 45 hours a week from the present 40 hours per week level. "We believe the additional five hours can be effectively used to upgrade employee skills wherever necessary," said Mr Ramadorai.

Incidentally, the variable component of a TCS employee’s salary is linked to the performance of the company, the business unit of the individual and the individual’s performance. At present, it ranges between 20-to-35% of an employee’s gross salary. Comprising of distinct `company’ and `employee’ components, the variable allowance payment to each TCS employee happens on quarterly and monthly basis respectively, said a TCS official. More importantly, the variable pay increases with seniority.

The latest developments come at a time when TCS is under increasing pressure from global clients to reduce its cost of service delivery and is even losing clients who are trying to drive a hard bargain. "I cannot share client specifics. But it’s true that we have lost some clients. One client, for instance, demanded a 70% discount which was simply unsustainable," said Mr Ramadorai, in response to a specific query.

Dwelling on TCS’s plans to unlock internal efficiencies in times when the company was experiencing muted growth, Mr Ramadorai said: "Our capex was at Rs 1400 crore in 2008-09. You can now expect our future infrastructure-related spends to either get delayed or reduced. They will be rationalised based on real-time decisions once we take a call on the infrastructure budgets for the next fiscal.

TCS managing director S. Ramadorai, however, is unwilling to confirm whether the company’s Rajarhat software campus rollout will hit a roadblock in the backdrop of the company’s decision to cutback future infrastructure-related spends.
Not too long ago, TCS had indicated plans to unveil a spate of cost management initiatives that included ways to rationalise or consolidate TCS’s infrastructure globally to save costs. Other measures recommended were saving on energy costs through efficiency programs and optimising on travel and communication costs. The TCS management had also indicated that it was re-examining its capex program to conserve cash in the current volatile environment.
Tata Realty Infrastructure Ltd (TRIL), the real estate arm of the Tata group, has been roped in to execute development of the TCS upcoming
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campus at Rajarhat.

Confirming this, TCS’s global human resources head Ajoyendra Mukherjee said: "TRIL has been given the mandate to execute the Rajarhat software campus over the next 24-odd months. I cannot share investment numbers at this point, but I can confirm that 15,000 employees will work in the upcoming Rajarhat campus which will come up at our 40 acre plot. Once the new campus is set up, we may relocate a section of TCS’s employees operating at some of out leased facilities in Salt Lake Sector V."

TCS has some 8000 IT professionals on its rolls in Kolkata who are distributed across the company’s eigth-odd centres in the Salt Lake Electronics Complex (Saltlec). Six of these facilities are leased while two are owned by TCS.

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One lakh Indians will return from U.S. in next 3-5 years

Washington: As many as 100,000 Indians and an equal number of Chinese will return to their native countries in the next three to five years, a move that will greatly boost their economies and undermine technological innovation in America, a new U.S. study warns.

The study on immigration by a team at Duke, Harvard and Berkeley universities led by Vivek Wadhwa, an Indian-American technology entrepreneur turned academic, says "America's loss is the world's gain".

There are no hard numbers available on how many have returned, but anecdotal evidence shows that this is in the tens of thousands, says Wadhwa, executive-in-residence for the Pratt School of Engineering at Duke University and fellow at the Labour and Worklife Programme at Harvard Law School.

"With the economic downturn, my guess is that we'll have over 100,000 Indians and as many Chinese return home over the next three-five years," says Wadhwa. "This flood of western educated and skilled talent will greatly boost the economies of India and China and strengthen their competitiveness.

"India is already becoming a global hub for R&D. This will allow it to branch into many new areas and will accelerate the trend," he says.

"The US has always had the luxury of being arrogant about immigration because it has been the strongest magnet for the world's best and brightest," but as the study shows "there are other strong magnets now".

"We are effectively exporting our economic stimulus. Policies like those which the US just enacted which prevents some banks from hiring foreign workers will have the opposite effect from what they intended - they will send jobs abroad and scare away top talent," Wadhwa said.

The study released Monday Ewing Marion Kauffman Foundation, based in Kansas City, Montana, indicates placing limits on foreign workers in the US is not the answer to America's rising unemployment rate and may undermine efforts to spur technological innovation.

"A substantial number of highly skilled immigrants have started returning to their home countries in recent years, draining a key source of brain power and innovation," said Robert E. Litan, vice president of Research and Policy at the Kauffman Foundation.

"We wanted to know what is encouraging this much-needed economic growth engine to leave our country, thereby sending entrepreneurship and economic stimulus to places like Bangalore and Beijing."

The report builds on an earlier Kauffman Foundation report by Wadhwa documenting a queue of one million H-1B holders and their families anxiously awaiting longer-term work visas and growing frustrated with the immigration process.

Until recently, America has been the prime destination for the world's best and brightest immigrants.

"Immigrants have made tremendous personal sacrifices," said Wadhwa. "They would leave behind relatives and friends and accept second-tier status in American society.


"Now countries like India and China are providing equal career opportunities and a better quality of life. So the most highly educated and skilled are often returning home."

The two-year study covered 1,203 Indian and C

hinese subjects who had studied or worked in the US for a year or more before returning home.

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Balance Sheet of Life

Our Birth is our Opening Balance!

Our Death is our Closing Balance!

Our Prejudiced Views are our Liabilities

Our Creative Ideas are our Assets

Heart is our Current Asset

Soul is our Fixed Asset

Brain is our Fixed Deposit

Thinking is our Current Account

Achievements are our Capital

Character & Morals, our Stock-in-Trade

Friends are our General Reserves

Values & Behaviour are our Goodwill

Patience is our Interest Earned

Love is our Dividend

Children are our Bonus Issues

Education is Brands / Patents

Knowledge is our Investment

Experience is our Premium Account

The Aim is to Tally the Balance Sheet Accurately.

The Goal is to get the Best Presented Accounts Award.

Some very Good and Very bad things ..

The most destructive habit....... ........ .....Worry

The greatest Joy......... ......... ......... ...Giving

The greatest loss.......Loss of self-respect

The most satisfying work........ ......Helping others

The ugliest personality trait....... .....Selfishness

The most endangered species..... ....Dedicated leaders

Our greatest natural resource.... ......... ...Our youth

The greatest 'shot in the arm'........ .Encouragement

The greatest problem to overcome.... ........ ...Fear

The most effective sleeping pill....... Peace of mind

The most crippling failure disease..... .......Excuses

The most powerful force in life........ .......... Love

The most dangerous act...... ..A gossip

The world's most incredible computer.... ....The brain

The worst thing to be without..... ......... ..... Hope

The deadliest weapon...... ........ ........The tongue

The two most power-filled words....... ........ 'I Can'

The greatest asset....... .......... ........ ....Faith

The most worthless emotion.... ......... ....Self- pity

The most beautiful attire...... ......... ........SMILE!

The most prized possession.. ........ .....Integrity

The most powerful channel of communication. ..Prayer

The most contagious spirit...... ......... ......Enthusiasm

Life ends; when
you stop Dreaming,

Hope ends; when
you stop Believing,

Love ends; when
you stop Caring,

And Friendship ends; when
you stop Sharing...!!!
friend

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What is recession?

This Story is about a man who once upon a time was selling Hotdogs by the roadside.

He was illiterate, so he never read newspapers.
He was hard of hearing, so he never listened to the radio.
His eyes were weak, so he never watched television.
But enthusiastically, he sold lots of hotdogs.
He was smart enough to offer some attractive schemes to increase his sales.
His sales and profit went up.
He ordered more a more raw material and buns and use to sale more.
He recruited few more supporting staff to serve more customers.
He started offering home deliveries. Eventually he got himself a bigger and better stove.
As his business was growing, the son, who had recently graduated from College, joined his father.
Then something strange happened.
The son asked, "Dad, aren't you aware of the great recession that is coming our way?"
The father replied, "No, but tell me about it." The son said, "The international situation is terrible.
The domestic situation is even worse. We should be prepared for the coming bad times.."
The man thought that since his son had been to college, read the papers, listened to the radio and watched TV.
He ought to know and his advice should not be taken lightly.
So the next day onwards, the father cut down the his raw material order and buns, took down the colorful signboard,
removed all the special schemes he was offering to the customers and was no longer as enthusiastic.
He reduced his staff strength by giving layoffs.
Very soon, fewer and fewer people bothered to stop at his hotdog stand.
And his sales started coming down rapidly, same is the profit.
The father said to his son, "Son, you were right".
"We are in the middle of a recession and crisis. I am glad you warned me ahead of time."

Moral of The Story: It's all in your MIND! And we actually FUEL this recession much more than we think we do!

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Good video on Super Brain Yoga --must watch

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My Training Programs & Consulatation Services

R.K. ASSOCIATES
TO WHOM EVER SO IT MAY CONCERN

To,
Dear Sir/Madam,
We are introducing to ourselves, we are major dealing with following Services

TRAINING PROGRAMS:
 Fundamentals of computers, Ms-dos
 Windows, Ms office
 Training on internet
 Java
 web designing & graphics designing
SERVICES:
 Computer sales & service
 Hardware & networking
 D.T.P
 Word processing, power point presentations designing
 Data entry & data processing
 Software’s, utilities, tools installation & sales
 Technical writing [documentation, articles, content supply, scribing]
 Email marketing, ad campaign, search engine submission
 Data / information collection & sharing as per your request
 E-books, tutorials supply
 Web designing
 Graphics designing
 Applications designing & filling
 Bulk - printouts, scanning & SMS
 Projects typing
CONSULTATION SERVICES:
• Investment advices
• Email / SMS sending & Tele-calling
• Free Classifieds publishing
• Home tuitions
• Real estate consultation
• Life / general / motor / health insurance
• Shares trading
• Placement services [referral / direct]
• Book marking
• M.O.B.
• Training on money earning programs in online
Thanking you,
Yours Sincerely,

RAJESH.K
CELL: 9948778585
For R.K. ASSOCIATES.
NOTE:
I. To know more visit www.rajeshkolluri.tk / send a mail to kolluri.rajesh@gmail.com
II. Quotation will be given for multiple services on your request.
III. Feel free to contact me for any kind of request / query.
IV. Pay less expect more gain more / all services will be done at nominal cost
V. Complete solution for all your computer related needs & works

DOOR NO: 3-8/2, BAGH AMEERI, KUKATPALLY, HYDERABAD – 72, CELL: +91-9948778585

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Type's of Pc's...........

Types of PC's

There are a lot of terms used to describe computers. Most of these words
imply the size, expected use or capability of the computer. While the
term computer can apply to virtually any device that has a
microprocessor in it, most people think of a computer as a device that
receives input from the user through a mouse or keyboard, processes it
in some fashion and displays the result on a screen.

* PC - The personal computer (PC) defines a computer designed for
general use by a single person. While a Mac is a PC, most people relate
the term with systems that run the Windows operating system. PCs were
first known as microcomputers because they were a complete computer but
built on a smaller scale than the huge systems in use by most
businesses.

* Desktop - A PC that is not designed for portability. The expectation
with desktop systems are that you will set the computer up in a
permanent location. Most desktops offer more power, storage and
versatility for less cost than their portable brethren.

* Laptop - Also called notebookslaptops are portable computers that
integrate the display, keyboard, a pointing device or trackball,
processor, memory and hard drive all in a battery-operated package
slightly larger than an average hardcover book.

* Palmtop- More commonly known as Personal Digital Assistants (PDAs),
palmtops are tightly integrated computers that often use flash memory
instead of a hard drive for storage. These computers usually do not have
keyboards but rely on touchscreen technology for user input. Palmtops
are typically smaller than a paperback novel, very lightweight with a
reasonable battery life. A slightly larger and heavier version of the
palmtop is the handheld computer.

* Workstation - A desktop computer that has a more powerful processor,
additional memory and enhanced capabilities for performing a special
group of task, such as 3D Graphics or game development.

* Server - A computer that has been optimized to provide services to
other computers over a network. Servers usually have powerful
processors, lots of memory and large hard drives.

* Mainframe - In the early days of computing, mainframes were huge
computers that could fill an entire room or even a whole floor! As the
size of computers has diminished while the power has increased, the term
mainframe has fallen out of use in favor of enterprise server. You'll
still hear the term used, particularly in large companies to describe
the huge machines processing millions of transactions every day.

* Minicomputer - Another term rarely used anymore, minicomputers fall in
between microcomputers (PCs) and mainframes (enterprise servers).
Minicomputers are normally referred to as mid-range servers now.

* Supercomputer - This type of computer usually costs hundreds of
thousands or even millions of dollars. Although some supercomputers are
single computer systems, most are comprised of multiple high performance
computers working in parallel as a single system. The best known
supercomputers are built by Cray Supercomputers.

* Wearable - The latest trend in computing is wearable computers.
Essentially, common computer applications (e-mail, database, multimedia,
calendar/scheduler) are integrated into watches, cell phones, visors and
even clothing!

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That is INDIA!!!! I LOVE MY GREAT INDIA..I!!!!!!!!

FACTS TO MAKE EVERY Indian PROUD

Q. Who is the GM of Hewlett Packard (hp) ?

A. Rajiv Gupta

Q. Who is the creator of Pentium chip (needs no introduction as 90% of the today's computers run on it)?
A. Vinod Dahm

Q. Who is the third richest man on the world?
A. According to the latest report on Fortune Magazine, it is Azim Premji, who is the CEO of Wipro Industries. The Sultan of Brunei is at 6 th position now.

Q. Who is the founder and creator of Hotmail (Hotmail is world's No.1 web based email program)?
A. Sabeer Bhatia

Q. Who is the president of AT & T-Bell Labs (AT & T-Bell Labs is the creator of program languages such as C, C++, Unix to name a few)?
A. Arun Netravalli

Q. Who is the new MTD (Microsoft Testing Director) of Windows 2000, responsible to iron out all initial problems?

A. Sanjay Tejwrika

Q. Who are the Chief Executives of CitiBank, Mckensey & Stanchart?
A. Victor Menezes, Rajat Gupta, and Rana Talwar.

Q. We Indians are the wealthiest among all ethnic groups in America , even faring better than the whites and the natives.
There are 3.22 millions of Indians in USA (1.5% of population). YET,
38% of doctors in USA are Indians.

12% scientists in USA are Indians.
36% of NASA scientists are Indians.

34% of Microsoft employees are Indians.
28% of IBM employees are Indians.
17% of INTEL scientists are Indians.
13% of XEROX employees are! Indians.

Some of the following facts may be known to you. These facts were recently published in a German magazine, which deals with WORLD HISTORY FACTS ABOUT INDIA .
1. India never invaded any country in her last 1000 years of history.
2. India invented the Number system. Zero was invented by Aryabhatta.
3. The world's first University was established in Takshila in 700BC. More than 10,500 students from all over the world studied more than 60 subjects. The University of Nalanda built in the 4 th century BC was one of the greatest achievements of ancient India in the field of education.
4. According to the Forbes magazine, Sanskrit is the most suitable language for computer software.

5. Ayurveda is the earliest school of medicine known to humans.
6. Although western media portray modern images of India as poverty striken and underdeveloped through political corruption, India was once the richest empire on earth.

7. The art of navigation was born in the river Sindh 5000 years ago. The very word 'Navigation' is derived from the Sanskrit word NAVGATIH.
8. The value of pi was first calculated by Budhayana, and he explained the concept of what is now k! nown as the Pythagorean Theorem. British scholars have last year (1999) officially published that Budhayan's works dates to the 6 th Century which is long before the European mathematicians.

9. Algebra, trigonometry and calculus came from India . Quadratic equations were by Sridharacharya in the 11 th Century; the largest numbers the Greeks and the Romans used were 106 whereas Indians used numbers as big as 10 53..
10.. According to the Gemmological Institute of America, up until 1896, India was the only source of diamonds to the world.

11. USA based IEEE has proved what has been a century-old suspicion amongst academics that the pioneer of wireless communication was Professor Jagdeesh Bose and not Marconi.
12. The earliest reservoir and dam for irrigation was built in Saurashtra.

13. Chess was invented in India .

14. Sushruta is the father of surgery. 2600 years ago he and health scientists of his time conducted surgeries like cesareans, cataract, fractures and urinary stones.. Usage of anaesthesia was well known in ancient India .
15. When many cultures in the world were only nomadic forest dwellers over 5000 years ago, Indians established Harappan culture in Sindhu Valley ( Indus Valley Civilisation).
16. The place value system, the decimal system was developed in India in 100 BC.

Quotes about India .

We owe a lot to the Indians, who taught us how to count, without which no worthwhile scientific discovery could have been made.
Albert Einstein.

India is the cradle of the human race, the birthplace of human speech, the mother of history, the grandmother of legend and the great grand mother of tradition.
Mark Twain.

If there is one place on the face of earth where all dreams of living men have found a home from the very earliest days when man began the dream of existence, it is India .
French scholar Romain Rolland.

India conquered and dominated China culturally for 20 centuries without ever having to send a single soldier across her border.
Hu Shih

(former Chinese ambassador to USA )

ALL OF THE ABOVE IS JUST THE TIP OF THE ICEBERG, THE LIST COULD BE ENDLESS.
BUT, if we don't see even a glimpse of that great India in the India that we see today, it clearly means that we are not working up to our potential; and that if we do, we could once again be an evershining and inspiring country setting a bright path for rest of the world to follow.
I hope you enjoyed it and work towards the welfare of INDIA .

Please forward this to all known INDIANS................

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Time Mgt: Never save something for a special occasion..!

Please do read this ... do not be too busy Earning a Living an
d in the process Forget to Live.

Here is a hair raising story which shows the importance of
Time Management and understanding what Life and Priorities
are all about.

Trust you will enjoy the read and start Living each day..
each moment...!!!

A friend of mine opened his wife's saree drawer and
picked up a silk paper wrapped package:

"This, - he said - isn't any ordinary package." He unwrapped
the box and stared at both the silk paper and the box.

"She got this the first time we went to New York, 8 or 9 years ago.
She has never put it on. Was saving it for a special occasion.
Well, I guess this is it. He got near the bed and placed the gift
box next to the other clothings he was taking to the funeral
house, his wife had just died.

He turned to me and said:
"Never save something for a special occasion.
Every day in your life is a special occasion".

I still think those words changed my life.
Now I read more and clean less.
I sit on the porch without worrying about anything.
I spend more time with my family, and less at work.

I understood that life should be a source of experience
to be lived up to, not survived through.
I no longer keep anything.

I use crystal glasses every day.
I'll wear new clothes to go to the supermarket,
if i feel like it.

I don't save my special perfume for special occasions,
I use it whenever I want to.

The words "Someday..." and "One Day..." are fading away from my dictionary.

If it's worth seeing, listening or doing, I want to see, listen or do it now.

I don't know what my friend's wife would have done if she knew
she wouldn't be there the next morning, this nobody can tell.
I think she might have called her relatives and closest friends.

She might call old friends to make peace over past quarrels.

I'd like to think she would go out for Chinese, her favourite food.

It's these small things that I would regret not doing, if I knew my time had come.

I would regret it, because I would no longer see the friends
I would meet, letters... letters that i wanted to write "One of this days".

I would regret and feel sad, because I didn't say to my
brothers and sons, not times enough at least, how much I love them.

Now, I try not to delay, postpone or keep anything that could
bring laughter and joy into our lives.

And, on each morning, I say to myself that this could be a special day.

Each day, each hour, each minute, is special.
If you got this, it's because someone cares for you and
because, probably, there's someone you care about.

If you're too busy to send this out to other people and you
say to yourself that you will send it "One of these days", remember that

"One day" is far away... or might never come...

Live everyday .. every moment as if it is your last day... last moment....!! !!

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How to Beat The Indian Politician - vote na do

Useful Info. Please read
and pass on...
How to Beat The
Indian Politician
Section
49-O of the Constitution:
(A Repetition
worth a read)
Did you know
that there is a system in our Constitution, as per the 1969 Act, in Section
"49-O" that a person can go to the polling booth, confirm his identity, get his
finger marked and convey to the presiding election officer that he doesn't want
to vote anyone!
Yes such a
feature is available, but obviously our seemingly notorious leaders have never
disclosed it. This is called "49-O".
Why should you
go and say "I VOTE FOR NOBODY"... because, in a ward, if a candidate wins, say
by 123 votes, and that particular ward has received "49-O" votes more than 123,
then that polling will be cancelled and will have to be re-polled.. Not only
that, but the candidature of the contestants will be removed and they cannot
contest the re-polling, since people had already expressed their decision on
them. This would bring fear into parties and hence look for genuine candidates
for their parties for election. This would change the way of our whole political
system... it is seemingly surprising why the Election Commission has not
revealed such a feature to the public.....
Please spread
this news to as many as you know... Seems to be a wonderful weapon against
corrupt parties in India... show your power, expressing your desire not to vote
for anybody, is even more powerful than voting... so don't miss your chance. So
either vote, or vote not to vote (vote 49-O) and pass this info
on...
"Please
forward this mail to as many as possible, so that we, the people of India , can really use this power to
save our nation". Use your voting right for a better INDIA

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Is India poor, who says? Ask Swiss banks

With personal account deposit bank of $1500 billion in foreign reserve which have been misappropriated, an amount 13 times larger than the country's foreign debt, one needs to rethink if India is a poor country?.

DISHONEST INDUSTRIALISTS, scandalous politicians and corrupt IAS, IRS, IPS officers have deposited in foreign banks in their illegal personal accounts a sum of about $ 1500 billion, which have been misappropriated by them. This amount is about 13 times larger than the country’s foreign debt. With this amount 45 crore poor people can get Rs 1,00,000 each. This huge amount has been appropriated from the people of India by exploiting and betraying them.

Once this huge amount of black money and property comes back to India, the entire foreign debt can be repaid in 24 hours. After paying the entire foreign debt, we will have surplus amount, almost 12 times larger than the foreign debt. If this surplus amount is invested in earning interest, the amount of interest will be more than the annual budget of the Central government. So even if all the taxes are abolished, then also the Central government will be able to maintain the country very comfortably.

Some 80,000 people travel to Switzerland every year, of whom 25,000 travel very frequently. “Obviously, these people won’t be tourists. They must be travelling there for some other reason,” believes an official involved in tracking illegal money. And, clearly, he isn’t referring to the commerce ministry bureaucrats who’ve been flitting in and out of Geneva ever since the World Trade Organisation (WTO) negotiations went into a tailspin!

Just read the following details and note how these dishonest industrialists, scandalous politicians, corrupt officers, cricketers, film actors, illegal sex trade and protected wildlife operators, to name just a few, sucked this country’s wealth and prosperity. This may be the picture of deposits in Swiss banks only. What about other international banks?

Black money in Swiss banks -- Swiss Banking Association report, 2006 details bank deposits in the territory of Switzerland by nationals of following countries:

Top five

India---- $1456 billion
Russia---$ 470 billion
UK-------$390 billion
Ukraine- $100 billion
China-----$ 96 billion

Now do the maths - India with $1456 billion or $1.4 trillion has more money in Swiss banks than rest of the world combined. Public loot since 1947: Can we bring back our money? It is one of the biggest loots witnessed by mankind -- the loot of the Aam Aadmi (common man) since 1947, by his brethren occupying public office. It has been orchestrated by politicians, bureaucrats and some businessmen. The list is almost all-encompassing. No wonder, everyone in India loots with impunity and without any fear.

What is even more depressing in that this ill-gotten wealth of ours has been stashed away abroad into secret bank accounts located in some of the world’s best known tax havens. And to that extent the Indian economy has been stripped of its wealth. Ordinary Indians may not be exactly aware of how such secret accounts operate and what are the rules and regulations that go on to govern such tax havens. However, one may well be aware of ’Swiss bank accounts,’ the shorthand for murky dealings, secrecy and of course pilferage from developing countries into rich developed ones.

In fact, some finance experts and economists believe tax havens to be a conspiracy of the western world against the poor countries. By allowing the proliferation of tax havens in the twentieth century, the western world explicitly encourages the movement of scarce capital from the developing countries to the rich.

In March 2005, the Tax Justice Network (TJN) published a research finding demonstrating that $11.5 trillion of personal wealth was held offshore by rich individuals across the globe. The findings estimated that a large proportion of this wealth was managed from some 70 tax havens.

Further, augmenting these studies of TJN, Raymond Baker -- in his widely celebrated book titled ’Capitalism’s Achilles Heel: Dirty Money and How to Renew the Free Market System’ -- estimates that at least $5 trillion have been shifted out of poorer countries to the West since the mid-1970. It is further estimated by experts that one per cent of the world’s population holds more than 57 per cent of total global wealth, routing it invariably through these tax havens. How much of this is from India is anybody’s guess.

What is to be noted here is that most of the wealth of Indians parked in these tax havens is illegitimate money acquired through corrupt means. Naturally, the secrecy associated with the bank accounts in such places is central to the issue, not their low tax rates as the term ’tax havens’ suggests. Remember Bofors and how India could not trace the ultimate beneficiary of those transactions because of the secrecy associated with these bank accounts? IS THERE ANY ONE WHO WOULD SAVE INDIA ?God... No No No, even he can’t..........!!

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Amazing India

india invented the Number System

India is the world's largest democracy

The earliest reservoir and dam for irrigation was built in Saurashtra

Sushruta who lived in 600 BC is the father of surgery

Zero was invented by Aryabhatta

Chess (Shataranja or AshtaPada) was invented in India

India is the world's largest, oldest, continuous civilization

Algebra, trigonometry and calculus came from India

The word navy is also derived from Sanskrit 'Nou'

The decimal system was developed in India in 100 BC

India never invaded any country in her last 10000 years of history

Varanasi is the oldest, continuously inhabited city in the world today

The value of pi was first calculated by Budhayana in the 6th century

Ayurveda is the earliest school of medicine known to humans

The art of Navigation was born in the river Sindhu 6000 years ago

India was the richest country on earth until the time of British

The World's first university was established in Takshashila in 700 BC

Sanskrit is the mother of all the European languages

India is the largest English speaking nation in the world

India has the second largest pool of Scientists and Engineers in the World

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