If you are looking for a better investment option ISKCON LTD will be a good choice!! It is not a real investment guide. An imagination if ISKCON goes for IPO and becomes a limited company which will never happen!!
ISKCON is running recession free business using Indian God Sri Krishna. Even if the recession attacks other businesses the Krishna Consciousness will arise in the recession hit people and hence ISKCON will continue to give good performance. Only a small part which might hit id fund raising activity though it will sustain as it has other way of fund raising apart from corporate donations.
ISKCON is running very innovative business. Even from the god to Prasadam! You might find Lord Krishna, Lord Narasimha some where near your house. But ISKCON gods are innovative products as they are Radha Krishna Chandra, Prahlada Narasimha etc. Even customers also get confused that they are different gods from what they usually see.
ISKCON has variety of Pasadam. It starts from simple Pngal to Gobi Manchurian. They have cakes, donuts, fizzas. Sometime the temple visitors get confused and visit the temple on the eve of Christmas. Music also very different and hears like rock band. The youth are targeted in this way and business is focused to be achieving further heights.
They are also investing in real estate. They are building Theme Park, Krishna Lila Park and are going to open their own super markets there. They already have their supermarket inside the temple. Market yard is hundred times more than the worshiping area which is their main business. From food to food grains, music to books, readymade dress to fancy item are available there.
Mid day meal program is also running successfully where in even government and some other major MNCs have their shares. In spite of number of cases and blames by the authorities it is being praised a lot by the general public.
ISKCON might be the first corporate office which is open to the general public.
Monday, 28 December 2009
Wednesday, 2 December 2009
Money lost in the mid way of data transfer
Money!! If you imagine hard notes when some body tells the word money, consider you are still in the age of you grand father’s. Today money is in the form of electronic data. It is there in Banks computers, in your credit card, in your internet banking account. If you loose these data, you will loose your money.
With this brief idea, let me tell an incident. I usually recharge my prepaid mobile and pay bill through my internet banking account. I was recharging my mobile and I was redirected to my bank’s website from the mobile recharging portal. I clicked on pay button and confirmed the payment with my passwords. The information flow from the bank’s site to the payee site not happened and the recharge was not done. That means the mobile company did not get the amount. But the bank has already paid the amount. It was deducted from my account. Then, where is the money? It was lost with the data! That money was useless for that particular time until the communication error I corrected and refunded bank to the account!
Now consider the implication. Let the amount be little low, say a ten thousand rupees. Let the time taken to refund the amount be 5 day. When the bank calculates the interest for his account for the month this amount will not be considered and will not be paid. So he will loose three rupees. If it is just in the case of SB account which has lowest interest, what will be the implication of such money lost in the mid way through out the country?
I can easily say if the total amount lost in the data transfer for a day is pooled into BSE to purchase some share it BSE will gain at least a hundred points
With this brief idea, let me tell an incident. I usually recharge my prepaid mobile and pay bill through my internet banking account. I was recharging my mobile and I was redirected to my bank’s website from the mobile recharging portal. I clicked on pay button and confirmed the payment with my passwords. The information flow from the bank’s site to the payee site not happened and the recharge was not done. That means the mobile company did not get the amount. But the bank has already paid the amount. It was deducted from my account. Then, where is the money? It was lost with the data! That money was useless for that particular time until the communication error I corrected and refunded bank to the account!
Now consider the implication. Let the amount be little low, say a ten thousand rupees. Let the time taken to refund the amount be 5 day. When the bank calculates the interest for his account for the month this amount will not be considered and will not be paid. So he will loose three rupees. If it is just in the case of SB account which has lowest interest, what will be the implication of such money lost in the mid way through out the country?
I can easily say if the total amount lost in the data transfer for a day is pooled into BSE to purchase some share it BSE will gain at least a hundred points
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