Lacuna in Annual Reports

The Annual Reports of listed Indian companies are able to hide a lot of information currently. This should be made available for the general investors to take a more sophisticated analysis of the businesses.
Some of the data that should be incorporated in the annual reports are:
1. Past 3 years and Current External Credit Rating (which is anyway publicly freely available)
2. Long term loans repayment schedules (Investors can then see how much the company will get further stressed in the years going ahead as repayments loom)
3. Securities provided to secure the loans
4. Market Valuation of the properties once in three years (This is anyway done for the sake of banks.
5. Promoter pledging and purpose for pledging
This will allow the investors understand/discover the true/appropriate market value of the companies)

As an investor, I would like to know my company better and these can be a better way for investors to understand their companies.

London riots - Proof of Deindividuation - "Civil society": An oxymoron phrase

http://youarenotsosmart.com/2011/02/10/deindividuation/

The London riots just prove that the innermost bad desires are inherent in every person irrespective of whether they are in the developed world or in the developing world, whether in a civil society or not. As a matter of fact, the phrase "civil society" seems to be an oxymoron phrase now. People are civil by intimidation or by force, it just doesn't seem normal. Greed, action, thrill, survival instincts are all part of true human nature. It is only by continuously conditioning that we stop doing it and think twice before burning down other's properties and looting others' things.

P.S: written long ago, but forgot to post it.

Crowdsourcing to the next level

http://timesofindia.indiatimes.com/world/europe/Icelanders-hand-in-draft-of-worlds-first-crowdsourced-constitution/articleshow/9419934.cms

A similar idea is being tried in India to form a strong lokpal bill by the civil society to check corruption in the high places and the government is vehemently opposing it as many of their crooked tricks to loot the country will have to be surrendered.

Do something nice

Well, this post is a bit late considering Christmas got over a few days ago, but being generous and nice neednt always be associated only to Christmas. You can start it, do it and should do it at any point of the year.

Here is one B-E-A-U-tiful idea of being nice, generous, make your brain work too and make the people a little surprised and happy and give you that goody-goody feeling.

"The Generosity Game

The following concept, created by John Stoner (and monitored for the Institute by Matthew Mezey) has many similarities with the Random Kindness approach.
Here's another possibility, close to my own heart: the Generosity Game! It's my own project, and you can see the website if you haven't already (at http://www.generosity.org).
For those who haven't seen it the idea is this:
You do something good for someone, and you do it anonymously. For example, you could pay the toll of the car behind you at a tollbooth. One thing we've done is go to a wonderful bakery, and buy a treat for the next person who walks in the door after we leave. Be creative!
And you pass on one of these cards to the person you do it for. On one side, they say
'It's Your Turn.'
On the other, they give these instructions:
'This is for you! Now it's your turn: go do something good for someone else. Do it anonymously. Pass on this card.'
So, you see, the card passes itself on! Someone is the recipient of your good deed (and the card), goes and does something for someone else, passes on the card. Then that person has some good thing done for them (and gets a card), and they do something for someone else ... isn't it great?

Anyway, I've found that doing this a lot does open your heart in a particular way. It opens your heart to being generous with others as a part of your life, and it opens your mind to what resources you can bring to that generosity.
Honestly, I've been very weak in taking it on as a personal practice. But the few times a week (or month) that I do it myself have turned my attention more towards what I have to give. Which I'd say is a positive thing.
"
http://www.generosity.org/download.html

Go ahead, do something nice and make the world a happier place to live in and help someone smile today :)

Prediction comes true

As mentioned in my last blog post, a petition has been filed in the supreme court.

http://www.hindu.com/thehindu/holnus/001200907081984.htm

Now we have got to see how this turning point is negotiated.

What next?

News: "The Delhi high court ruled July 2 to decriminalize homosexuality in the Indian capital, a groundbreaking decision that could bring more freedom to gays in this deeply conservative country. The Delhi High Court ruled that treating consensual gay sex as a crime is a violation of fundamental rights protected by India's constitution. The ruling, the first of its kind in India, applies only in New Delhi."

Now, if the same issue comes up in any other state high court and the gay community supports its argument with the fact that the Delhi court has allowed it and if the state high court rules against the Delhi high court, won't this be appealed in the supreme court as two different high courts have ruled differently for the same problem? As this issue is much beyond the Delhi demographic region, shouldn't the Delhi high court passed this on to the supreme court or shouldnt its result be applied to the whole of India till another opposing rule comes from another high court.

I am not sure if the default status of consensual gay sex in India is a crime if there is such a law in the first place at all.

Maybe gay Delhites will have temporary relief but there should be an easiness that the supreme court has not yet ruled in the gay's favour.