Sudheer's Wedding Invitation - Oct 23rd - At Tenali

Hi,

 
Hope You are  fine & doing well.

 
Its a pleasure to invite you and your family for my wedding on 23rd Oct 2015 at Pedravuru (Near Tenali).

Your presence on this occasion will make my finest time more memorable and delightful. Please treat this as my personal invitation & shower me with your blessings.

 

I am looking forward to see you at the auspicious occasion. Your presence will definitely cherish the moment.

Enclosing the wedding card for Muhurtham and Venue details. 

Regards,

Sudheer

9985357874

08951004678

9000748996 

 

​

SANKRANTHI SUBHAKANKSHALU

---------- Forwarded message ----------
From: <Sudheer.Doppalapudi@cognizant.com>
Date: Fri, Jan 14, 2011 at 1:41 PM
Subject: SANKRANTHI SUBHAKANKSHALU
To: Nethravathi.Mahadevaiah@cognizant.com, vsudheer.d@gmail.com

SANKRANT HI SUBHAKANKSHALU   HAPPY PONGAL TO YOU & YOUR FAMILY

 

 

 

 

 --
Regards,
Sudheer

Wish you Happy and Prosperous Diwali

 

Using maths to sum up bank risks better

If you manage accounts well, you can run the bank well. However, if you do your sums right, it can help banks cover their risks in the financial markets. Deutsche Bank has ventured into an interesting exercise to harness the power of maths to manage risks better.

The German bank has in a joint venture facilitated by Matheon, the German Research Centre (DFG), set up a QP Lab (Qualitative Product Lab) in Berlin to focus on risk management and handling of derivates in the financial markets. Mathematicians from the famous Humboldt University and Berlin Technical University are working with bankers to develop and design new models that will help Deutsche Bank de-risk and also handle the volatility in the financial markets better, explained Prof. Dr Juerg Kramer, President and Head of the Dept. of Mathematics, Humboldt University.

Dr Kramer, who is also member of the Executive Board of the DFG Research Centre Matheon, told Business Line that the theory of probability, new algorithms and codes are useful tools in mathematical finance that can help industry. About 25-30 researchers are working at the Lab, which gets an annual funding of €4 million from the bank.

Matheon is joining hands with industry to develop models, simulate and optimise real world processes in the area of discrete mathematics, numerical analysis, computing, etc., to solve the latter's problems. Dr Kramer is leading a large team of German mathematicians to the ongoing ICM 2010 here.

Mathematics powers several of the technologies that make our lives better. For example, the use of computers, cars, airplanes and cell phones. “We play the stock market or juggle credit-card debts”, without realising that behind all these technologies lay mathematics. Maths ensures that flight schedules can be kept, telephone networks don't break down and software runs smoothly, Matheon says.

Tata Global Beverages plans wellness products

Starting as a producer and seller of tea, Tata Global Beverages (till recently Tata Tea Ltd) has emerged a beverage company with the ultimate goal of being in the food business. This was indicated by its Chairman, Mr Ratan Tata, here on Monday.

“Change in name has been done to reflect the change in business of the company, which , going forward, will be more and more beverages and eventually and possibly into food through innovations and the accent will be on wellness and good health products,” Mr Tata observed while addressing the company's shareholders at the annual general meeting.

“We would stay away from products that tend to be unhealthy and injurious to people's health.”

Promoters' stake hike

He indicated that the promoter's stake in all group companies, including Tata Global Beverages, would be hiked and the option available was the creeping acquisition route of five per cent subject to financial limitations.

There would be restructuring of Tetley; he, however, declined to comment on the delisting of Tetley shares in the UK and listing in India.

He sounded very bullish about the tie-up with Pepsi. “The proposed joint venture will be to produce non-carbonated drinks, particularly fortified water products which truly accentuates the company's global intentions in terms of meeting markets,” he said.

The Himalayan mineral water would be part of this operation. The rationalisation of operations through mergers would depend on the scale, he said. The various initiatives pursued to broadbase product categories included infusions in Canada, organic tea in the UK and green tea in Australia and Tion in India which was a new product.

Export ban on non-basmati rice, wheat to stay for now

India is not looking to lift the export ban on wheat and non-basmati rice for now, the Commerce and Industry Minister, Mr Anand Sharma, has said.

The export restrictions on these commodities were put in place a couple of years ago on the onset of high food inflation to ensure domestic availability.

“As of now, there is no proposal to rollback the restrictions on exports of commodities including non-basmati rice and wheat. Basmati rice exports will continue to be allowed. An appropriate view will be taken once the monsoons are over,” Mr Sharma told a press conference after unveiling the annual supplement 2010-11 to the foreign trade policy 2009-14.

Inflation

Mr Sharma also highlighted that the current food price inflation implied that the Government needed to pay close attention to domestic availability. Food price inflation has remained in double digit for several months in a row despite the policymakers' assurances that they would get a handle over the situation and that wholesale price index (WPI)-based inflation would come down to 5-6 per cent level by end December this year.

SEZ units

To a query on tax breaks for special economic zones (SEZs) in the proposed Direct Taxes Code (DTC), Mr Sharma expressed confidence that the concerns of industry would be addressed when the final version of the DTC is sent to Parliament.

“I have already discussed this with the Finance Minister and also with the Prime Minister. The Finance Minister is fully sensitive to our concerns and also the apprehensions of the industry and investors,” Mr Sharma said.

He assured industry and investors in SEZs and SEZ units that their benefits will be fully protected and policy stability will be ensured when it comes to SEZs that have already been notified and those that will be notified before the DTC comes into force.

The Commerce Secretary, Dr Rahul Khullar, later said that the Commerce Ministry was working on a “compromise solution” with the Finance Ministry on the issue of tax breaks for SEZ units in the proposed Direct Taxes Code regime.

Mr Sharma said that the financial implications of the export incentives (bonus incentives and add on to focus product schemes) announced on Monday would be about Rs 1,050 crore. The Rs 1,050 crore will not be money voted as demand for grants through Parliament.

“What we are doing here is issuing scrips as incentives. This is not in the nature of an expenditure. It is what is called tax expenditure — that is you are foregoing revenue and not actually spending any money. The tax expenditure is done through an executive order,” official sources said.

Govt announces Rs 1,050-cr sops for exporters

In the face of ‘fragile recovery' of the world economy, the Government today extended export sops worth Rs 1,050 crore.

The export policy support measures covered labour-intensive segments such as leather, handloom, and handicrafts, and some engineering sectors for both market diversification and technological upgradation. The popular Duty Entitlement Passbook (DEPB) scheme for imported inputs was extended by another six months.

The measures unveiled by the Union Commerce and Industry Minister, Mr Anand Sharma, in the Annual Supplement to the Foreign Trade Policy, include additional benefit of 2 per cent bonus over and above the existing benefits of 5 per cent (3 per cent for focus market scheme and 2 per cent for focus product scheme of f.o.b., or free-on-board, value), for 135 existing products.

The zero duty Export Promotion Capital Goods scheme introduced in August 2009 and valid for two years has been further extended by one more year till March 31, 2012 and would cover new units of paper and paperboard, ceramic products, refractories, glass, plywood, marine products, sports goods and toys and additional engineering products. As status holders contribute substantially to exports, the one per cent Status-Holder Incentive Scheme is extended by one more year to 2011-12. This scheme, to support status holders upgrade technology, was introduced in August 2009 and was valid for two years. It would now cover additional segments such as chemicals and allied products, paper and paperboard, glass and glassware, rubber, plywood, electronic products, sports goods and toys. It also provided for additional flexibility for transferability of duty credit scrips under Vishesh Krishi and Gram Udyog Yojana scheme by allowing transfer of scrip for import of cold chain equipment to units in the Food Park.

For the beleaguered readymade garment industry, the benefits under the Market-Linked Focus Product Scheme provided earlier for six months has been extended up to March 31, 2011 for exports to 27 countries of the European Union.