Apr 13, 2010

Who is this Rs. 70 crore Sunanda Pushkar? What is she doing?

UPDATE: Shashi Tharoor resigns... Prime Minister Manmohan Singh accepts..
Junior Foreign Minister Shashi Tharoor submits resignation to Indian PM - TV 11:09pm IST
Apr 19 2010

Shashi Tharoor Personal statement on the IPL allegation

Published 15 hours ago in Tharoor.in

1. A consortium led by Rendezvous was set up to bid for an IPL team. They approached me for help and guidance. I steered them towards Kerala. Rendezvous includes a number of people, including many I have never met, and Sunanda Pushkar, whom I know well.
Good to know that Sunanda Pushkar is there in the consortium :)
Who is this Sunanda Pushkar? What is she doing?
According to rediff.com : Trained as a beautician, she runs a spa and has lived in Dubai
According to linkedin.com : http://ae.linkedin.com/pub/sunanda-pushkar/13/425/B15 Sunanda Pushkar is Sales manager at TECOM! TECOM is commited to Smart City in Cochin.
Beautician Sunanda is a stakeholder in Team Kochi! 18pct That's serious lolly.Waiting for Shashi's tweet on lady love

Sunanda Pushkar who can invest Rs. 70 crore into IPL of her own? 1700 crores was the amount TECOM invested in Cochin. Initially, the Dubai Internet City invested over $400 million in Smart City

Shashi Tharoor more than a mentor to Kochi team?
Published in mid-day.com

The complete probable list of partners of IPL Kerala team as per reports are Rendezvous (25% free), Rendezvous (1% purchased), Anchor (27%), Parinee (26%), Film Waves (12%), Anand Shyam (8%) and Vivek Venugopal (1%). Rendezvous free equity is held by Kisan, Shailender and Pushpa Gaikwad, Sunanda Pushkar, Puja Gulathi, Jayant Kotalwar, Vishnu Prasad, Sundip Agarwal.
1. Rendezvous 25% free,
2. Rendezvous 1%,
3. Anchor 27%,
4. Parinee 26%,
5. Film waves combine 12%,
6. Anand Shyam 8%,
7. Vivek venugopal 1%

Rendezvous free (25%) equity are held by Kisan, Shailender & Pushpa gaikwad, Sunanda Pushkar, Puja Gulathi, Jayant Kotalwar, Vishnu Prasad and Sundip Agarwal.

Here are the Tweets by ShashiTharoor and LalitKModi

Apr 10, 2010

Prashant Saran of SEBI bans ULIPs temporarily

Prashant Saran of SEBI bans ULIPs temporarily

Prashant Saran of SEBI bans ULIP - Unit Linked Insurance Policy companies temporarily. These companies include

  • Aegon Religare Life Insurance Company Limited
  • Aviva Life Insurance Company India Limited
  • Bajaj Allianz Life Insurance Company Limited
  • Bharti AXA Life Insurance Company Limited
  • Birla Sun Life Insurance Company Limited
  • HDFC Standard Life Insurance Company Limited
  • ICICI Prudential Life Insurance Company Limited
  • ING Vyasa Life Insurance Company Limited
  • Kotak Mahindra Old Mutual Life Insurance Limited
  • Max New York Life Insurance Co. Limited
  • Metlife India Insurance Company Limited
  • Reliance Life Insurance Company Limited
  • SBI Life Insurance Company Limited
  • TATA AIG Life Insurance Company Limited

These companies are ordered
not to issue

  • Any offer document
  • Advertisements to sell these ULIPs
  • Brochure soliciting money from investors or
  • Raise money from investors by way of new and/or additional subscription for any product (including ULIPs) having an investment component in the nature of mutual funds, till they obtain the requisite certificate of registration from SEBI.

For complete details of order click here

ULIP means Unit Linked Insurance Policy. A ULIP is a life insurance policy which provides a combination of risk cover and investment.

Are Investment Returns Guaranteed in a ULIP?
Investment returns from ULIP may not be guaranteed.” In unit linked
products/policies(ULIP), the investment risk in investment portfolio is borne by the
policy holder”.  Depending upon the performance of the unit linked fund(s)
chosen; the policy holder may achieve gains or losses on his/her investments. It
should also be noted that the past returns of a fund are not necessarily indicative
of the future performance of the fund.

The portion of the premium after deducting for all charges like

  • Premium Allocation Charge
  • Mortality Charges
  • Fund Management Fees
  • Policy/ Administration Charges
  • Surrender Charges
  • Fund Switching Charge
  • Service Tax Deductions
  • Premium for risk cover 

is utilized for purchasing units. It is popular in India because agents are being given hefty commissions, also there are pyramid like schemes to sell these schemes. Retired government officials and professionals are being used by the insurance companies to sell these products to friends and family... You will be asked to join health/life ULIPs rather than a mutual fund because the commission for ULIPs.

Apr 8, 2010

Cheers Mobile Kerala Tariff Customer Care No. 9516000121

Cheers Mobile, Kerala has created its Customer Care No. 9516000121 (9516 series) or care@cheersmobile.in.
Etisalat DB Telecom Pvt. Ltd, Leela Info Park, 2nd floor, Phase I, Kusumagiri P.O. Kakkanad, Kochi - 682030 is the official address given at the website cheersmobile.in which is down at the moment.

Cheers mobile is owned by Etisalat and DB group in India. The current tariff is

The starter pack is Rs.49 valid for 365 days with Rs.0 talktime.
Cheers to cheers inside home network 10 paise per minute, cheers to others it is 30 paise per minute. The STD rates are Rs.1/minute to all providers inclding cheers.
SMS 10 paise per Cheer2Cheer SMS , 30 paise otherwise.
Another attraction is that for Rs.100 topup you get Rs. 90.66 worth talktime.

The customer care number for Cheers Mobile in Kerala is/will be 9516000121 , you can dial 121 from a cheers mobile.
Nodal officer and Appellate Officers are
Kerala SathishJoghee 9516 036 760 nodal.ker@cheersmobile.in
Kerala Biju Nair 9516 036 760 appellate.ker@cheersmobile.in

Holidays- Movies- Vishu- Travel hot in Kerala

Another holiday season in Kerala, April 2010, after Maundy Thursday and Easter weekend April 10th second saturday. After the Ambedkar jayanthi (Bank Holiday) on 14th , we have Vishu on 15th. making 16th a virtual holiday extending to weekend 17th saturday and 18th sunday. Train tickets on 16th are sold out. The banks/state agencies might not function. The holiday shopping fever starts. The "Dream Season" for Kerala tourism starts, as schools are also closed domestic tourism will increase. Movies to watch include "In Ghost House Inn: Harihar Nagar Part 3" (Super Hit), also watch out for Mohan Lal-Suresh Gopi movie Janakan, Mohanlal (Special Appearance as advocate?)
The weekend before Vishu will have many film releases like Janakan, Pulliman, Plus Two, Pappy Appacha and Alexander The Great.

Apr 6, 2010

Kerala_State_Film_Award::Swetha Menon is Best Actress (Paleri Manikyam)

The Kerala State Chalachitra Academy has announced the jury for the Kerala
State film awards for the year 2009 on April 2010.

Kerala State Film Awards 2009/2010 Winners

Best Actor : Mammootty (Kerala Varma Pazhassi Raja (2009), Paleri Manikyam
: Oru Pathira Kolapathakathinte Katha, Kutty Shrank)
Actress : Swetha Menon (Paleri Manikyam : Oru Pathira Kolapathakathinte
Director : Hariharan (Kerala Varma Pazhassi Raja (2009))
Popular Film : Ividam Swargamaanu 2009
Script Writer : M T Vasudevan Nair
Best Film – Paleri Manikyam oru Pathira Kolapathakathinte Katha
Supporting Actor: Manoj K Jayan ( Kerala Varma Pazhassi Raja (2009) )
Supporting Actress : Padmapriya (Kerala Varma Pazhassi Raja (2009))
Music: MohanSithara (SoofiParanjaKatha )
Comedian : SurajVenjaranmood (Ivar Vivahitharayal)
Singer (male) : Yesudas (Madhya Venal)
Singer (female) : Shreya Ghoshal (Banaras 2009)
Editor : Sreekar prasad (Pazhassi raja)
Child artist : Niveditha (Brahmaram 2009)
Special Jury Award : Jagathy Sreekumar