Tuesday, 12 March 2002

NEVER A LENDER BE !

Here are ”Sovereign debt as a percentage of GDP “figures for various countries, as provided by Times of India (July 15,2011):

  • Japan   ………………….  220  %

  • Greece   ………………..  142  %

  • Italy   …………………….. 119  %

  • Russia   ………………….. 99   %

  • Ireland   …………………  96.1 %

  • USA  ………………………… 91.6 %

  • France  …………………….. 84.3 %

  • Canada  ……………………  84  %

  • Portugal  …………………… 83.3 %

  • Germany  …………………  80  %

  • UK  ……………………………. 77.2 %

  • India  ……………………….. 69.2  %

  • Brazil   …………………………66.1  %

  • Spain  ………………………….60.1 %

  • Taiwan  ……………………… 39.7  %

  • S.Korea  ………………………30.9 %

  • S.Africa ……………………….35.7 %

  • China  ……………………….  17.7  %

Greece just managed to avoid a default of re-payments to its private creditors by getting them to ” agree “ to write-off  59 % of the debt !

Greece might have escaped going bankrupt by the skin of its teeth

Question is :

Will others be equally lucky ? Will the world see a financial meltdown ?  Or , is it only a question of when ?

Lenders , beware ! By lending recklessly ,you have become, the enemy # 1

With regards


HEMEN  PAREKH

Wednesday, 27 February 2002

TOP WINNERS THIS ELECTION

[ Title of article in Economic Times / 25,Feb 2012 ]

To summarize, election- promises of India’s political parties:

  • In the past
Free rice / TVs / bicycles  /  electricity  /  fans / mixers / grinders / gold coins  etc
·     In current  State – level elections
Laptops and Tablets
·     Who is promising  ?
BJP  / Samajwadi Party  /  Shiromani Akali Dal
·     Who will benefit  ?
High School students [  750,000 in Punjab  /  3,500,000   in UP  ]
·     Cost of promise
Rs  30,000 Crores  (  $ 6 Billion  )
·     Will they keep their promises  ?
You bet ! After winning  state elections last year , AIADMK -led   government  in Tamil Nadu placed orders for   ONE MILLION   laptops on   HCL / LENOVO   for  Rs 1300 Crores ( $ 275 M )
·     Winners
Computer / Tablet  Manufacturers
·     What can voters expect in 2014 National elections ?
A mobile Smart phone for every voter ?

With regards

HEMEN  PAREKH

Wednesday, 2 January 2002

SMART PHONE MFRRS.

You know it better than anyone else

Some 6 Million Smart Phones / Tablets will be sold in India in 2012

All because of the Apps

Apps like  “ My Jobs “  widget , which Suneet Tuli [ Datawind ] plans to pre-install on all Aakash / Ubislate Tablets , starting end Jan

To quote Suneet :

“ Dear Hemen

Thank you for your proposal. I think this is a great app and would be useful to our customer base. We would be happy to include your App on all our devices “

May be you would too

If so feel free to phone me ( M ) 0-98,67,55,08,08

With regards

HEMEN  PAREKH

WHY IS MY JOB BETTER

On Android Market , you will find a number of “ Job Search “ apps, such as :

> Monster Job Search            > Job Street Job Search
> Indeed Jobs                       > LinkUp Job Search Engine
> Job Search HireADroid        > Career Builder
> Dice Job Search                 >  TimesJobs ………………  etc

All of these apps ask jobseekers to enter , one or more , of the following “ Search Parameters “, on a small mobile screen( - since it cannot accommodate long drop-lists ? ) :

>  Job Title                >  Keywords            >  Type of Job
>  Skills                    >   Function             >  Location
>  Company Name     > Boolean [ and / or / not ]

Then return between 50 to 1500 so-called “ matching jobs “, which , a jobseeker must open / read , one at a time , to finally “ zero –in “ on 5 !

These apps are trying to replicate the PC context on a 3” screen – assuming jobseeker will remain glued for 4 hours !

“ My Jobs “ begs to differ !

It believes in matching the resume of each jobseeker , every morning , with 400,000 + jobs in our database , find those 5 perfectly matching jobs  and deliver only those 5 onto his mobile screen!

In the words of author Chuck Martin [ The Third Screen ], it makes “ My Jobs “ , a “ Finder “ type app , rather than a “ Searcher “ type apps – which , Chuck believes , are totally unsuitable for the mobile context

I request you to give me an opportunity to personally explain the advantage of “ pre – installing “ My Jobs “ app on Smart phones / Tablets being manufactured by your company

Do not hesitate to phone me on 0-98,67,55,08,08 (Mumbai )

With regards

HEMEN PAREKH