American Airline Chapter 11

The move of Texas based AMR corp., parent company of American Airlines, American Eagle shook many. It filed chapter 11 ( US bankruptcy code form of bankruptcy that involves reorganization and seeking for time to deal debtors affairs and assets) in New York court on Tuesday 29th November 2011. The company took this action after so many attempts to deal it without bankruptcy.
American Airlines one of the major airlines in America out-shined after 9/11 attack. Most of the airlines tasted its affect, indeed, aviation industry is one of the most affected industry after 9/11 attack. In fact, American Airlines fell from its perch being largest airline to number 3 after competitors strategies such as mergers.
The chief executive of AMR corp. Gerard Arpey who deliberately retired from the company after bankruptcy, who struggled a lot  to avoid this move. Thomas Horton, president of AMR corporation said that "The world changed around us " makes it clear that company in a position that it is no way to sustain and compete with competitors.
Employees of American Airlines are the most affected group after this move. Many employees wages and pensions are in stake. Company planning to cut down the cost of employee wages, pension and leasing charges. Company is still hoping that it could emerge from chapter 11 within one and half year.
But, nearly 80,000 american employees are completely panic and flight attendants are not at all feeling excitement of sky travelling after company's action.
However, people who reserved their holiday travels through American Airlines are not going to affected much and experts are saying that their miles are also safe and I think it is good to redeem asap.
Another glory and pride of America diminished and shrinking American economy got another suffering. Let's hope for the end of dark days....

Swinging Markets....Crying Rupee

                $1= Rs. 52...???!!!##***
Euro Zone crisis, debt crisis, downfall of international markets, Inflation and so on...with many causes, reasons Indian stock market shaking atmost and fell down to minimum of 52 weeks. Of course, International stock markets are felling down as well. But, besides downfall of NIFTY and SENSEX Indian stock market facing another of disaster, that is, " downfall of rupee value". In International markets Indian rupee value fell down to minimum of 32 months, compare to dollar value Indian rupee value is 52.20. It is cautious sign to Ministry of Finance, India.
Reasons for this are many such as Europoean and American debt crisis, instability of indigenous IT companies, poor performance of Indian finance system, less intervention of FOREX market and especially stringent actions of RBI to control inflation.
Most of the top Indian companies such as TATA, ICICI, BHEL, DHFL, SBI, RIL, INFOSYS are under control of bear.
Due to many reasons along with above Rs. 5.5 lakhs crores are evaporated within a week. If this situation continues there will be a great disaster to Indian stock market. Stock brokers are expecting that there will be rising trend in coming days and lets just hope that.
So, investor be wise while investing....

As it already said......

( image of golden bull - wall street, NY, USA )


Investment.....
Investing our assets productively is a great deal..
Productively means it not just includes good returns but also secured principle too...
Unlike earlier days people started earning early but how to allocate your earnings to spending and saving is a great deal....
Once we think about investment we have so many options such as fixed deposits, securities, investing in metals, land, insurance, mutual funds, options, futures, swaps....hmmmm...
But what exactly matters is questioning yourself "what suits for me?". What is your own risk bearing capacity?
and so on....
Investment gurus tells so many terms by analyzing, interpreting, synthesizing, interrogating, and blah blah blah....
enough of introduction...
Now, justice for the title....
The most creeping investment of current days is GOLD...
within just couple of months it increased by 40% , no other investment yields you such returns. and it continuing its uptrend still....
So, we should think about it not just for the reason it is increasing but it is the advise of earlier people who are damn intelligent than investment gurus or fund managers.....

History of Travencore royal family - Guardians of Anantha padmanabha swamy temple

The treasure of Lord Anantha Padmanabha swamy was stored and guarded by travencore royal family. Raja Marthanda varma - who left his honor and pride of king for God Anantha padmanabha. The value of treasure he and his family guraded is about $25 millions till now which was founded in 6 underground treasure rooms one of them is not opened yet. 

Kerala- place where officials  founded lots of treasure is under travencore royal family till 1947. In that time itself it was very active in business which is used to do 100 crores of business. It had active business relationships with Netherlands and also with England. ( especially in dealings of 'Thorium' - metal used in Nuclear weapons ). All the trading was done by Travencore kings especailly Raja Marthanda varma, strategically executed by dewan ( Minister ) C.P. RAMASWAMY AYYAR who was a lawyer.  He was well known as guradian of national treasure with his strategies. 

In 1947 when nation got the freedom, there was 565 royal families existed, among them 6 families are not agreed to merge with India. Travencore  stood first among them. C.P.RAMASWAMY AYYAR wanted to make travencore as an independent nation but he couldn't do so.

Once Raja Marthanda Varma left his positon as king and named himself as Padmanabha Dasa ( slave of Lord   padmanabha ) his family also followed him and till how they add Padmanabha Dasa before their name, in case of females in the family know as 'Padmanabha sevaki'. 

Interestingly he announced that all the wealth of Travencore belongs to Anantha Padmanabha Swamy temple, not even single penny belongs to royal family. From then his family took responsibility of securing wealth.

NOW, the Government ordered to count the wealth of temples and Kerala's Lord Padmanabha Swamy temple shook the records with one lakh crores from 5 underground treasure room and one not yet opened as it completley built by iron walls and doors.

So, no one don't know what exactly  exists inside the door?, it is a  million dollars question...

Thiru 'Anantha' puram

It is story about one Hindu Indian temple which attracted attention of world, it is the story about lord Anantha Padmanabha swamy and his treasure which became headline in recent days, it is the story about Travencore royal family which protected the treasure from thousands of years. It is the story about world's richest god - Lord Anantha padmanabha swamy @ god's own place - Kerala, India.

Recently, supreme court ordered to reckon the treasure of temples in India. In these value of Anantha padmanabha swamy temple's treasure shocked whole world. Treasure consisting of infinite gold coins, gold sculptures, diamonds and esteemed valued stones and so on.....

which till now valued more than lakhs of crores or millions of dollars and it is stored in 6 treasure rooms under the temple of Lord Anantha padmanabha swamy.

To know the details of this treasure, how it came, from whom it came, how it is stored we have to go back of history Thiruvanthapuram, Kerala, southern part of India.

In order to know the origin of treasure, we have to know the history of Travencore kingdom and its royal family which is ruling Travencore till date from thousands of years.

My next post conists history of Travencore dynasty....

simply speechless

INDIA WINNER OF ICC CRICKET WORLD CUP - 2011

ONLY ONE ANSWER OF 14 COUNTRIES

" JAI HO"......

worldwide philanthropy

The perfect example for humanity....

Recession, dot com bubble burst, inflation, what ever ....nothing is going to effect the true nature of human. "Live and let live" is the principle which we never forget... The concept of "giving pledge" is exemplary for that.

Charity, corporate social responsibility whatever it is a good sign the people around world especially billionaires, industrialists donating most of their fruits of hard work for needy. Giving pledge is a concept in which billionaires take pledge to donate their wealth for philanthropic causes. Chairman and CEO of "Berkshire Hathaway" Mr. Warren Buffet took pledge to donate 99% of his wealth and chairman of Microsoft Corporation Mr. Bill gates also took pledge to donate most of his wealth. Youngest CEO in the world Mark Zuckerberg ( CEO of Facebook ) has pledged large share of his fortune. Here is the list of people who shared their fruits of wealth

http://givingpledge.org/

This concept carried worldwide, Mr. Warren Buffet and Bill gates who are in trip to India expressed their pleasure for the response of billionaires in India. Most of the Indian businessman came forward to donate for philanthropic causes.

Indian biggies like Ambani's, Tata's , Jindal's, Ruia's ,Azim premji, Narayana Murthy, GMR donated generously to charity even though corporate social responsibility is not compulsory.

Cheers and appulase...