...Case I - PANDIT TO AFAUZI 1. What was the cause of fear in RBM? The causes of fear in RBM are more on the psychological / psychos about war. He used to think that if there is a war then people would be loaded with sufferings; killed, injured, maimed, and would become homeless. The country’s economy will also reduce. Sufferings people injury and they might also become orphans, women would become widow and the humanity would suffer. 2. What were the symptoms of fear displayed by RBM? The Symptoms of fear displayed by RBM are as follows: a. He looked pale and worried. b. He was less talkative, not lively and his interaction with others persons decreased. c. He had developed constipation and used to eat very little. d. He felt tired after walking even a few hundred yards. 3. How did the RMO come to know of the war phobia of RBM? The Regimental Medical Officer (RMO) interviewed RBM. In his inspection RMO found nothing medically wrong with RBM but got trace of scares of the prospects of war. The phobia of war in RBM through his discourse to the RMO on the bad effects of a war on environment, economy, costs, etc. He stated that people would be loaded with sufferings; killed, injured, maimed, and would become homeless. The children would become orphans, women widowed, and the humanity would suffer. He vehemently advised the RMO to make all attempts to stop the war and if he could, at least oppose it. After a brief conversation, the RMO was convinced that all the symptoms...
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...LEADERSHIP SYYLE OF VIKRAM PANDIT (CITIGROUP) [pic] Individual's leader style was produced in their initial youth. Throughout the process, one's principle intelligent leadership could be influenced by nature's domain and instruction that could be additionally affected by the level of confidence and responsiveness. As stated by (Nanjundeswaraswamy and Swamy, 2014) Leadership is a social process of persuasion in which the leader looks for the voluntary interest of subordinates in an exertion to achieve association objectives. A leader might be characterized as an individual who delegates or impacting others to act in order to do specified goals. Today's associations need compelling persons who comprehend the complexities of the quickly changing nature. On the other hand if the job is very organized and the leader has great association with the representatives, adequacy will be high from the workers. The leadership is a process that is dependent upon the aggregation in which the leader impact the devotees by utilizing their authority thought and movement (Northouse,2010).During the process, it is liable to cause misjudging and clash that normally be seen as correspondence issue or diverse personalities. Nevertheless, the cover of it possibly will be accomplished the same as different leadership style (Darling and Laffel,2010).Difference in leadership style normally disappoint peoples or even understand a disregard in entrepreneurial based associations....
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...SAMANVYA BUILDING In January 2004, Mr. Pandit decided to buy a residential property and rent to various tenants. On 1st January 2004, he borrowed Rs. 30 lakhs from a housing bank on a condition of repaying the loan in 10 annual installments with an interest @ 10% per annum. He put in his own savings of Rs. 15 lakhs and bought a property having 5 flats in a fast-developing locality. The cost of the property was Rs. 30 lakhs comprising land valued at Rs. 15 lakhs and the building valued at Rs. 15 lakhs. The entire year of 2004 was spent in repairing and repainting the property. The cost of one-time repairs was Rs. 5 lakhs and that of repainting, which was completed on 31st December 2004, was Rs. 1.20 lakh. Mr. Pandit expected that this paint would last for 3 years before it was repainted. The life of the property after repairs was expected to be 20 years. Mr. Pandit was informed that the cost of repairs and the first year’s interest on the bank loan had to be added to the cost of building as it were incurred in bringing the asset to a position of generating revenue. On December 31st of 2004, Mr. Pandit paid the first installment of the loan together with interest @ 10%. The flats were ready to let out on 1st January 2005. Five tenants signed the agreement and paid interest-free deposit equivalent to 10-month rent. The monthly rent of each flat was Rs. 8000. The three tenants paid their rent regularly on the last day of the month during 2005. One tenant, Mr. Khanna, had...
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...and statues of the supreme Hindu god Krishna and his female friend Radha. Gadadhara Pandit Dasa pours water as an offering which marks the half-way point in his three hour morning worship service, which is a daily celebration. Which he thinks is a better way to start the day. That's deeply moving forthe soul and makes the rest ofhte day much more clear because you have nourishedhte mind and soul for the morning , according to Pandit. Pandit -whose name means "Saint" begins to chant he Hare Krishna mantra, and explains the reapeating of names for Krishna is a spiritual event of sorts, by allowing the Gods to enter his soul. Since soun is an awesome tool they tend to focus on the vibration itself, TI cn cause abalanches and coan move emotions in several different directions. By saying Hare Krishna mantra, Hare Krishna, Hare Krishna, Krishna,Krishna, Krishna, Hare; Hare Krishna is actually a present there. Pandit grew up as an only chils in an observant Hindu family. His family moved from India and to California when he was 7. And when his father's business began to fortunes ebbed and flowed he stared asking questions. Later in life, in his late 20's, he moved to Bulgaria to help his father with his import-export business. He was not able to speak the language so he spent evenings alone and lonly so he began reading the sacred Hidu text, the Bhagavad Gita since he had few friends, Pandit found solce in Hare Krishna explanations for different beliefs; why does life flucuates-(because...
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...New Leaders of Financial Giants – Case of Citi Group and Merrill Lynch: Question 1: Introduction This report will review the precarious positions of Citigroup Inc. and Merrill Lynch at the beginning of the subprime mortgage crisis. Both companies had been hit hard by the recent economic problems, and both had recently hired new management in an attempt to navigate through these difficult times. Since risk management failures were viewed as the primary catapult of the crisis, the thinking was that managers with risk management experience would be able to introduce innovative techniques to improve the respective company’s positions. The report will analyze some of the solutions that were proposed, and attempt to apply options analysis through binary trees to quantify these proposals. The Subprime Mortgage Crisis of 2008 Before analyzing the current predicaments of the two companies in the report, an understanding of the subprime mortgage crisis (which includes a discussion on MBS’s and CDO’s) is necessary. An entity, known as the ‘Servicer’, issues debt securities called Mortgage Backed Securities (MBS) and raises funds. The funds are used to grant home loans or mortgages. The borrowers or homeowners make monthly payments to the services. These payments include both principal and interest components. The servicer transfers these payments to Mortgage Backed Security Holders or the investors after deducting some spread which can be viewed as profit margin or...
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...24/01/2011 Bhimsen Joshi passes away Pune: Legendary Hindustani vocalist Pandit Bhimsen Joshi, 89, passed away here on Monday morning. He was critical and battling for life for over a week at the Sahyadri Hospital here. Pandit Bhimsen Joshi receiving the Bharat Ratna in 2008 The Kirana gharana maestro was on ventilator support for three days. However, his condition deteriorated on Saturday. Bhimsen was known for his unique voice and his mastery over the Kirana gharana style. He had sung many songs in Hindi, Marathi and Kannada. His bhajans too were famous. His rendition in the national integration song was an outstanding piece. Bhimsen was admitted to the hospital following a severe bout of diarrhoea. He was put on respiratory support for about a week. The last of the titans of Hindustani classical music, Pandit Bhimsen Joshi was a rare genius who could transcend the mundane and transport his audience to the sublime with his gifted voice that captured both anguish and ecstasy. What made him arguably the most popular Hindustani music vocalist of the current times was his impassioned renditions with a powerful and penetrating voice that showcased the aesthetic majesty of the 'Kirana' gharana of which he was the celebrated exponent, as also the eloquent expression of light classical, devotional and the popular variety. It was an awe-inspiring fusion of intelligence and passion that perhaps separated Joshi from other classical vocalists who dogmatically stuck to their...
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...Leadership Given above is an emergent model of Leadership, this model operates at the philosophy level where the underlying thought is given at the base of the model. The left hand side of the model points to the necessary and sufficient conditions as inputs into making an effective leader . ( We shall explore later to see what may be these conditions ) . The right hand side of the model tries to articulate what goes on inside the effective leader with his philosophy of life being at the core of his operations as an effective leader . Values and beliefs form the next circle and these are manifested in behavioral attributes. With this model at a single point in time we will explore leadership over the time continuum . Deepak Pandit EFPM 08 While it is possible to consider several necessary conditions of leadership the following three emerge as clear candidate’s for inclusion in the above list in the left hand side of this model. • • • Followership Competency Vision The sufficient condition for this model is related to the core philosophy of life that the leader operates on and this is at a spiritual plane. We cannot have an effective leader unless he has an overarching philosophy of life which makes him rise above himself and his immediate near/ dear ones to have a spiritual objective for his life . It is interesting to note that this sufficient condition could operate in both directions positive or negative and this can be illustrated with ...
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...company’s head count down to about 250,000, down by a third since before the financial crisis in 2007. The bank’s shares increased more than 6 percent on Wednesday. The moves, the first since Michael O’Neill, the bank chairman, abruptly deposed Vikram S. Pandit as chief executive and replaced him with Michael L. Corbat, were seen as another retrenchment from Citi’s former position as a financial megamarket in the United States and around the world. But the announcement did not signal a new strategy or direction for the nation’s third-biggest bank by assets. “Ultimately, it misses the point,” said Michael Mayo, an analyst at Crédit Agricole Securities. “They need a more radical restructuring.” Since the abrupt power change in October, which sent shock waves across Wall Street and left some within the bank rankled by the brutal transition, there has been unease throughout the upper ranks of Citigroup, according to several people close to the bank. Much of that wariness stemmed from a concern that Mr. O’Neill would work through the new chief executive to impose an unflinching round of cuts that further pare down the bank, according to these people. A career banker and Marine, Mr. O’Neill had tussled with Mr. Pandit over the lack of speed in trimming costs after taking the helm of the board in 2009, according to several people close to the board. The latest cuts come after exhaustive meetings in November that convened nearly every head of the bank’s businesses at Citigroup’s...
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...76). Pi bumps into his Imam, Pandit and Priest where they criticize the faults of the opposing religion and force their own religion upon him. Out of frustration, Pi blurts out the famous Mahatma Gandhi (who was also a follower of the Hinduism religion) quote, which explains that every religion is true; it is just the way one understands and believes in it. I chose this quote because I can connect with Gandhi’s beliefs through what Pi is saying. The Hindu religion itself has over hundreds of thousands of Gods, which divide into smaller beliefs/practices such as Sikh, Jainism etc. Pi’s lines also allows me to reflect how people in society have become so diverse in what they believe in that they blind themselves in their own beliefs/values disregarding the religious views of others. Ever since the day I was born, I was raised in a Hindu family following the morals and values that were passed on from my ancestors to my parents. As a young child, I always had a belief that that the Hindu religion is the superior of all religion since it is the third largest religion and has over one billion adherents (Religion Facts). I resided in Toronto in my early childhood where I interacted with people from different cultures and religion. I always looked at them in a different way comparing them to the values and morals that I was taught. This part of my life represents the first three stages of the heroic quest pattern. At the age of 6, I was introduced to a Pandit (defined as priest in India)...
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...An assortment of Gaudiya-Vaisnava Nectar About Sri Vishnu Priya-devi: Vishnupriya is bhu-shakti. She is also Satyabhama. Daughter of Sanatana Mishra, who was a very learned brahmana and Vaishnava. From childhood she was very religious, following all vratas and worships. She especially worshipped Tulasidevi and bathed 2 or 3 times daily in the Ganga. This is where she met Sacidevi who would bless her saying, "May you have a good husband." From that time Saci thought of making her her daughter-in-law. She was Lord Chaitanya's second wife after Lakshmipriya departed this world. The pious brahmana Sri Kashinatha mishra arranged this marriage. The marriage was held with great pomp and proper rituals. The whole Navadwipa came to see this divine pastime that even demigods cannot see. The Lord hardly gave her attention after this marriage. She bore all this quietly. The night he left to take sannyasa He showed His 4-armed form to her. She would put one grain of rice in a pot for every round of HKM she chanted, and cook that and share with mother Saci. Ideal widow. About Sri Raghunandana Thakur: He was the son of Mukunda dasa (who is brother to Sri Madhava and Narahari Sarkar). This family hailed from Srikhanda. R.T. was Kandarpa Manjari in Vrajalila and Krishna's son also named Kandarpa in Dwaraka lila. One when his father went on business, the 8-year old R.T. fed the home Deity laddu. He was fearful his father would think he hadn't done the offering when the Deity...
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...is a dark and very close retelling of the original text. The principal characters are played by Irfan Khan, Tabu, Pankaj Kapur, Om Puri and Naseeruddin Shah. While Bharadwaj has more or less retained the narrative of the original play, he does move around the settings of Macbeth and Lady Macbeth. Pankaj Kapur (Abbaji - Duncan) is the reigning don of Mumbai’s underworld and Tabu (Nimmi - Lady Macbeth) is his mistress who loves Kapur’s right hand man Irfan Khan (Maqbool - Macbeth). Bharadwaj has intelligently adapted the characters of the play to suit his characters and the time in which it is set by replacing the three witches or soothsayer’s of the original by two corrupt policemen with a knack for astrology, played by Om Puri (Inspector Pandit) and Naseeruddin Shah (Inspector Purohit). Macbeth, a story about personal ambition, has strong themes of violence, political turmoil and guilt. These ideas are maintained by Bharadwaj to a great extent; however the change in the characterisation of Macbeth and his Lady ensures that the overwhelming theme in the movie is also love/passion. Shakespeare’s Macbeth kills Duncan purely out of ambition; Maqbool’s motivations go beyond those of being the don. Maqbool out of love for Nimmi as well as the hearsay that Abbaji may not be as good as Maqbool originally thinks he is, leads to a scared yet determined Maqbool to end Abbaji’s life. The policemen too, unlike Shakespeare’s witches, have an active role to play in the movie. They time and...
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...IJRFM Volume 1, Issue 5 (September, 2011) (ISSN 2231-5985) HISTORICAL BACKGROUND OF ARTICLE 356 OF CONSTITUTION OF INDIA Sudhir Bisla* THE GOVERNMENT OF INDIA ACT, 1935 This Act first introduced the concept of division of powers in British India. It was an experiment where the British Government entrusted limited powers to the Provinces. But since there was very little faith lost between the British and the Indian people, the British took precautions to keep a sufficient check on the powers given to the Provinces. These precautions were manifested in the form of emergency powers under Sections 93 and 45 of The Government of India Act, where the Governor under extraordinary circumstances, exercised near absolute control over the Provinces Drafting Committee of the Constituent Assembly On August 29, 1947, a Drafting Committee was set up by the Constituent Assembly. Under the chairmanship of Dr. B.R. Ambedkar, it was to prepare a draft Constitution for India. In the course of about two years, the Assembly discussed 2,473 amendments out of a total of 7,635 amendments tabled.[2] When it was suggested in the Drafting Committee to confer similar powers of emergency as had been held by the Governor-General under the Government of India Act, 1935, upon the President, many members of that eminent committee vociferously opposed that idea. Dr. B.R. Ambedkar then pacified the members stating: 'In fact I share the sentiments expressed by my Hon'ble friend Mr. Gupte yesterday that...
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...nation. The origin of politics dates back to early 2100 B.C with the monarchical rule practiced in the lands of Sumeria shaping the concept of legislation. But since the conception of the ideology of governance, the fairer sex has not had an equitable representation at the helm of decision making. In spite of being the largest democracy in the world, women’s representation is only 9.1 percent in the Indian parliament. In this male-dominated power game of politics, there are women leaders who have revolutionized the space of policymaking with their adroit and finesse. Listed below are the stories of five powerful female Indian politicians of all time who showed the world that women can be brilliant administrators. • Vijay Lakshmi Pandit, an Indian diplomat and politician, heralded as one of the world’s leading women in public life in the 20th century, was the daughter of noted aristocratic nationalist leader Motilal Nehru. She was an active worker in the Indian nationalist movement and was imprisoned by the British three times on accounts of her struggle to free India. In 1937, she was elected to the provincial legislature of the United Provinces and was designated as the minister of local self-government and public health making her the first woman in India to hold a cabinet post. During the course of her work as a diplomat for independent India, she became the first woman President of the United Nations General Assembly in 1953. After holding office as the governor of...
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...not earn and that people of color do not enjoy. Second, it creates real advantage for them. There is white privilege on Purdue’s campus. Just recently, Mitch Daniels was caught speeding. He was going at approximately 42 miles per hour in a 20mph zone (Paul 2015). About thirteen seconds into the conversation, the officer, in spite of the obvious infraction communicates to Daniel that she’s going to let him go. What we witness here is the disarming power of white and privilege. It’s almost as if Daniel had done mind trick on the officer. Sandra Bland who is an African American woman was pulled over for a minor infraction on her Texas college campus earlier this year, but it was immediately clear that mind tricks weren’t available to her (Pandit 2015). She was brutally arrested and found dead in jail few days later. In addition, no mind tricks were available to Floyd Dent and Corey Jones. Mitch Daniels was only given a warning. I received my first ticket when I was going above 10 miles per hour. I wasn’t given a warning even though that was my first ticket. Officer told me that it was above the limit for the warning. I’m always afraid to drive above the speed limit. My friend who is white tells me that he has been stopped for speeding more than once but he never fears that he would be arrested for traffic violations or might be in danger when being stopped by the police. That’s white privilege. He didn’t ask for it, he didn’t do anything to receive it; this is an “unearned advantage”...
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...the relative ease in which a company can manipulate the classification of their leases, it makes it hard for creditors to make valued judgements of a company’s balance sheet. The current guidelines of AASB 117 require a company to classify its leases as either a finance lease or an operating lease. Only finance leases are required to be disclosed on a company’s statement of financial position with operating leases being excluded. This is one potential issue arising for creditors as the balance sheet might therefore be an unreliable measure of a company’s financial position. Operating leases are a form of off-balance sheet reporting that “potentially enhances the appearance of firm performance and financial position” (Altamuro, Johnston, Pandit & Zhang, 2014). Dhaliwal, Lee & Neamtiu (2011) state that “Operating leases are, for many companies, the largest type of off- balance sheet items” which truly shows the difficulty for creditors to make an accurate...
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