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A GOOD ARTICLE TO READ IN TIME OF FINANCIAL CRISIS

One MUST READ AND IMPLEMENT IN LIFE TO SAVE OUR FUTURE It's an interesting article by Yogesh Chhabria. LATELY, I have been thinking a lot about the Lehman crisis. Spending money that they didn't have and going beyond their means is one of the main reasons for their situation today. In fact that is the cause for the current economic crisis in the US . When I see all this happening, I can only remember the good old days. Then, karz was bad. People looked down upon those who took loans. Parents would not give their daughter's hand in marriage to a man with loans. But of course, the times have changed now. Everyone I know has a loan. The buzz word is EMI (equated monthly installment). Today, you can buy everything on EMI - a house, a television, an i-Pod. In fact I know of someone who just bought a fancy BMW 3 series on EMI, instead of buying a cheaper car outright with cash. I mostly prefer to take public transport, but then I am an old man with old thoughts! Anyway, coming ba...

ActiveSync USB Problem

Are you facing a problem that your ActiveSync is not detecting the USB connection did some research & found following link which might help you resolve this problem. http://www.microsoft.com/windowsmobile/en-us/help/synchronize/troubleshooter/activesync-no-usb.mspx If the above does not resolve your problem, try downloading the latest version of ActiveSync software compatible with your device.

What goes up must come down: Asset bubble theory

Don't worry this article doesn't use terms like Commodity market or debt to equity ratio or any other term that you hate to read in your business newspaper. This is really a good and simple explanation. Please give 5-10 minutes of your free time to read it, its worth. ANCEDOTE - Once there was a little island country . The land of this country was the tiny island itself. The total money in circulation was 2 dollar as there were only two pieces of 1 dollar coins circulating around. 1) There were 3 citizens living on this island country. A owned the land. B and C each owned 1 dollar. 2) B decided to purchase the land from A for 1 dollar. So, A and C now each own 1 dollar while B owned a piece of land that is worth 1 dollar. The net asset of the country = 3 dollar. 3) C thought that since there is only one piece of land in the country and land is non producible asset, its value must definitely go up. So, he borrowed 1 dollar from A and toget...

Bailout Fails in House

A bipartisan group of U.S. House lawmakers defeated a $700 billion rescue plan for Wall Street on Monday, rejecting pleas from the Bush administration and congressional leaders from both parties of the potential dire consequences of policymakers not acting to help financial markets. The 205-228 vote against the plan sent stocks plummeting, with the Dow Jones Industrial Average down around 500 points as news of the vote spread through Wall Street. The defeat is a massive setback for the Bush administration, specifically the Treasury Department, as well as lawmakers who have been working throughout the last week on the legislation in the wake of the collapse of Lehman Brothers Holdings as well as the government's bailout of American International Group Inc. and its takeover of Fannie Mae and Freddie Mac. "There's no question that the country is facing a difficult crisis that needs to be addressed,'' said spokesman Tony Fratto. He said the president will be meeting wi...

HCL Technologies Offers to Buy Axon, Trumps Infosys

• HCL Technologies Ltd. offered to buy U.K. software consultant Axon Group Plc for about 441 million pounds ($814 million) in cash, trumping a rival bid. • HCL bid 650 pence a share, 8.3 percent more than the 600 pence offer by Infosys Technologies Ltd • Axon is an attractive target because of its expertise with products from SAP AG, the world's largest maker of business management software, HCL Chief Executive Officer Vineet Nayar said in a conference call today. • Axon rose 48 pence, or 7.6 percent, to close at 682 pence in London trading, indicating investors are counting on a higher bid. • ``Following a period of due diligence, the board is pleased that HCL has recognized the quality of the Axon business and has decided to announce its intention to make an offer,'' Axon said in a statement. • ``Infosys is considering its position and urges Axon shareholders to take no action at this time,'' the larger Indian company said in a ...

How to enable USB Storage on your office computer

Steps are as under: 1. To start with you will need adminstrator rights to follow the below mentioned procedure. 2. Read the points mentioned at the following microsoft website http://support.microsoft.com/kb/823732 your admin would have used these to disable your USB storage access. 3. Enable windows pop-up to install a new hardware when a USB Pen drive or HDD has been connected to your machine: Important This section, method, or task contains steps that tell you how to modify the registry. However, serious problems might occur if you modify the registry incorrectly. Therefore, make sure that you follow these steps carefully. For added protection, back up the registry before you modify it. Then, you can restore the registry if a problem occurs. For more information about how to back up and restore the registry, click the following article number to view the article in the Microsoft Knowledge Base: 322756 (http://support.microsoft.com/kb/322756/) How to back up and restore the registr...

Wireless Router Settings for Tata Indicom Broadband

It took me more than 3-4 days of effort to configure the Tata Indicom Broadband account on my Belkin Router with ADSL Modem. Following are the setting you need to configure your Broadband account on a router: Connection type : PPPoE Username: your tata indicom username Password: your tata indicom username IP Assigned by ISP : Yes VPI/VCI: 0/32 Encapsulation: VC MUX Idle time: 0 MTU: 1400 You are all set to go Wireless. Please ensure you put Mac Address filtering on to avoid form being part of any cyber crime.