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Tuesday, 2 October 2012

Top 5 Zacks #1 Ranked Wells Fargo Mutual Funds - Best of Fund Family

Mutual Funds offer high fee to woo distributors in smaller cities
Economic Times
(##include msid=2459375,type=9 ##) MUMBAI: Mutual funds have begun reconnecting with distributors of smaller cities and towns to increase their reach in the hinterlands in the wake of the new broker commission norms kicking in from October 1.
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Economic Times
Arbitrage mutual funds shine in June, September quarters
mydigitalfc.com
Categorised as arbitrage funds, the 12 mutual fund schemes that are designed for the spot-derivatives have collectively shown a mixed performance in the past one year. Their average three-month returns as of the end of the past four quarters have seen ...
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List of Vanguard index mutual funds switching to lower-cost market benchmarks
Washington Post
The Vanguard Group on Tuesday said that it has negotiated lower cost index-licensing deals that will result in 22 of its index mutual funds switching to new benchmarks, and adjusting the stocks they invest in accordingly. The changes are expected to ...
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Fund houses go in for offshore advisory biz
mydigitalfc.com
In two years Religare Mutual Fund has built Rs 2,000 crore in assets under management (AUM) from abroad. UTI Mutual Fund's overseas arm UTI International, which handled offshore advisory business worth $700 million two years ago, has now raised it to ...
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Top 5 Zacks #1 Ranked Wells Fargo Mutual Funds - Best of Fund Family
NASDAQ
The fund has a three year annualized return of 13.04%. Brad Ursillo is the fund manager and he has managed this Wells Fargo mutual fund since 2011. Wells Fargo Advantage Large Cap Core A ( EGOAX ) invests the majority of its assets in equity securities ...
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US man gets prison for investment fraud
CanadianBusiness.com
NEW YORK (AP) — A Florida mutual fund executive on Tuesday admitted that he lied when he promised investors early shares in companies such as Facebook and Groupon and spent their money instead on a lavish lifestyle that included pricey cars and ...
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SEC moves to give mutual funds more leeway
Daily Star Online
The Securities and Exchange Commission has moved to allow mutual funds to give stock dividends to their unit holders. The present cash dividend payout structure will remain effective as well. However, the asset management companies (AMCs) and mutual ...
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Draghi, ECB give international stock funds a lift
MarketWatch
MADRID (MarketWatch)— If anyone can be credited with saving the third quarter and maybe the year for international-stock mutual funds, it's European Central Bank President Mario Draghi with his pledge to “do whatever it takes to save the euro ...
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Top 5 Zacks #1 Ranked Balanced Funds - Best of Funds
NASDAQ
Investors seeking total return, both regular income and long term capital appreciation, should include balanced funds in their portfolio. Balanced funds are perhaps the most flexible and actively managed category of mutual funds as their investments ...
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Fund Rating: Flawed metrics
Moneylife
Morningstar clearly took the data provided by the fund at face value and came up with its rosy conclusions. Mutual funds are mandated to disclose everything but hedge funds aren't; therefore, complete information was lacking. India does not have a ...
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Shekhar Gupta
CEO
Capt. Shekhar Gupta [ Pilot, DIAM, M.Ae.S.I., MAOPA [USA] ]
shekhar@aerosoft.in 
Blog : http://shekharaerosoft.blogspot.in/ 


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Singapore's PMI shrinks for 3rd month, recession looms

Secondary Sources: Imminent Recession?, Chinese Consumers, Financial ...
Wall Street Journal (blog)
–Imminent Recession?: Menzie Chinn is skeptical of recession predictions. “So, given the dearth of forecasts of recession, and the fact that not all indicators are trending down, I rate the likelihood of imminent recession as low — but of course the ...
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'We're Heading for Recession,' Zell Predicts for Economy
CNBC.com
Text Size. By: Jeff Cox CNBC.com Senior Writer. A compounding lack of confidence in the future has kept American companies from investing in their businesses and is leading the country back intorecession, real estate mogul Sam Zell told CNBC.
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Greece recession to enter 6th year, budget shows
San Jose Mercury News
ATHENS, Greece—Greece's brutal recession is set to extend into a sixth year in 2013, when the economy will contract by another 3.8 percent, according to forecasts in the draft budget submitted to Parliament on Monday. This year's recession will see ...
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Singapore's PMI shrinks for 3rd month, recession looms
Reuters
SINGAPORE, Oct 2 (Reuters) - Singapore's manufacturing sector contracted for a third consecutive month in September as new orders fell further, a business survey showed, bolstering the view the trade-dependent city-state likely slipped into recession ...
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Holiday sales seen rising 4.1 percent in 2012
The Associated Press
At the same time, there's uncertainty about who the next president will be and some Americans worry that the U.S. debt crisis could lead to another recession. "In all the years, this is the most challenging year doing a forecast," said Matthew Shay ...
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Feldstein: We're Not in a Recession
Fox Business
In the Wall Street Journal with signs do point to recession and -- Of the husband funds saying that it is his conviction quote that the US economy has already. Entered into a recession so. -- Marty Phelps I think professor Martin Feldstein is the ...
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Recession Proof Craft Breweries Thriving in Sluggish N. American Beer Market
Sacramento Bee
Recession Proof Craft Breweries Thriving in Sluggish N. American Beer Market. By just-drinks.com.just-drinks.com. Last modified: 2012-10-01T14:56:38Z. Published: Monday, Oct. 1, 2012 - 7:55 am. Copyright 2012 . All rights reserved. This material may ...
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Recession hit region hard, Marist Poll finds
Poughkeepsie Journal
The Great Recession left a big dent in the consciousness of mid-Hudson residents and has shaped their views of what they expect, and want, in the future, an extensive survey made public Monday shows. Economic concerns rose to the top of the list in all ...
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The Growth Recession Of 2012 And The Presidential Election
Forbes
The components of the revised second quarter GDP report paint a picture of an economy at risk of slipping into a full-blown recession. Consumption growth of 2.0% during the first half was actually somewhat stronger than during 2011. And, a triple in ...
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RAHN: A vote for Obama is a vote for recession
Washington Times
The Congressional Budget Office (CBO) and many leading economic forecasters have predicted that we are likely to go into another recession by the first quarter of 2013 if the administration and Congress allow the economy to go off the “fiscal cliff” at ...
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King Of Good time Now King of bad Time Red Kingfisher in deep blues




Barely a smile greets a visitor in the office. Four young women sporting the airline’s trademark red uniform are clearly not in their element. And they would not speak on the problems faced by the airline.
In 2005, when Kingfisher Airlines was launched, the air hostesses were compared with ramp models and the hospitality was decidedly five-star. Chairman Vijay Mallya appeared himself in video announcements on board to announce that each passenger was like a personal guest for him.

Now, employees look and sound confused. Conversations about vacations have given way to worried talk on unpaid salaries and equated monthly instalments (EMIs) on loans.

Only a handful of employees got their March salaries, after which no one has been paid. From November to March, they received salaries after holding out threats. Several strikes a month are now a norm in the airline, crushed by the weight of debt.

“Mr Mallya, a member of Parliament, famous for his extraordinarily expensive lifestyle, has driven this airline to bankruptcy by sheer mismanagement and bad financial planning,” a group of prominent citizens had said in a letter to Prime Minister Manmohan Singh on February 27.

Mallya has been struggling to convince banks about recasting a mountain of debt the carrier is sitting on after a series of defaults.

Provident fund payments to staff were held up and tax to be deducted at source was not paid by the airline, leading to the tax department freezing its accounts. Murugavel Janakiraman, CEO of  BharatMatrimony.com said the website has seen a 30% rise in the number of Kingfisher air hostesses looking for grooms in the past six months. “They had no time to think about marriage when they had a rocking career. But as their career started suffering, they are looking at marriage a safe option.” A pilot who recently defaulted on his EMI said it hurt him to see Mallya leading a lavish life while his staff languished. There are dozens like him telling stories of dashed dreams.

“We are living off our savings. You can cut down on food but what do you do about school fees when you haven't been paid for seven months? No one cares. Whom do we approach? The government is going out of its way to help him,” said Prakash Pande, an engineer based in Mumbai.

Radhika, 26, had joined the airline as a flight attendant in 2008. In May, the landlord asked them to vacate after non-payment of rent for three months. Radhika is back home in Kolkata. One of her colleagues has traded down for a café job while she applies to other airlines for jobs.

Shillong-bred Jennifer had gifted her parents a trip to London in 2009.  Last April,she sent back her younger brother, who she admitted to a Delhi school, after her pay stopped coming.

“Pilots are flying just to show more flying miles on their CV, just as many airhostesses and others are clinging to their jobs to gain experience,” said Jennifer. Prakash said young air hostesses from smaller cities who came in search of careers to big metros are among the worst-hit.

A few years ago, these people were being lured by rival airlines with six months’ pay as signing bonus.

Permission for foreign direct investment (FDI) in airlines is offering new hopes for the troubled employees. “But nothing is certain. Everybody knows we are in desperate need for jobs and are offered peanuts,” Jennifer said.

Mallya has been actively seeking FDI, but no airline has confirmed an interest. The employees wait for rescue, while passengers are busy running down the brand that once spelt style.







American says installation job caused seat snafu
Wall Street Journal
David L. Campbell, the airline's vice president of safety, said in an interview that the clamps might have been installed incorrectly during maintenance work by American crews and an outside contractor, Timco Aviation Services. He could not recall a ...
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Red Kingfisher in deep blues
Hindustan Times
Radhika, 26, had joined the airline as a flight attendant in 2008. In May, the landlord asked them to vacate after non-payment of rent for three months. Radhika is back home in Kolkata. One of her colleagues has traded down for a café job while she ...
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Kingfisher Must Pay Wages Before Flying Again, Official Says
Businessweek
Kingfisher Airlines Ltd. (KAIR), the Indian carrier that's grounded its fleet and not paid staff since April, must settle wages before it can resume flights, according to an official at the nation's civil aviation ministry. The airline's management was ...
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India's Kingfisher halts flights for 3 days
The Associated Press
By ERIKA KINETZ, AP Business Writer – 1 minute ago. MUMBAI, India (AP) — Kingfisher Airlines has grounded flights for at least three days after a violent strike over unpaid wages at the cash-strapped Indian carrier. The company said late Monday that ...
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Kingfisher engineers on strike over non-payment of dues
NDTV
Published on Oct 2, 2012 by ndtv. Kingfisher Airlines has hit yet another turbulent patch with a section of engineers going on strike Sunday evening over non-payment of salaries, affecting flight operations. The airline cancelled around 20 flights today.
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Johnnie Walker Could Gain in India as Mallya Struggles
Businessweek
Kingfisher Airlines will need a capital injection of $600 million in the next two months after defaulting on loan payments following five years of losses, industry consultant CAPA Centre for Aviation said in August. Mallya -- worth $1 billion as of ...
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Kingfisher cannot pay even a month's salaries, CEO says
NDTV
Around 30 of the 250 striking engineers from Kingfisher Airlines were at the meeting with Mr Aggarwal at the airline's office in Mumbai on Monday. The meeting was called by the CEO, nearly 24 hours after the engineers went on strike, in an attempt to ...
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Kingfisher Airlines declares partial lock-out till Thursday
Moneycontrol.com
Kingfisher Airlines Limited today announced that following a series of protracted and unabated incidents of violence, criminal intimidation, assault, wrongful restraint, by a small section of recalcitrant employees, the management has been forced to ...
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Moneycontrol.com
Kingfisher promises to resume operations in a few days - NewsX
NewsX
Kingfisher Airlines, which has declared a partial lockout, today said it would resume operations in a few days and the backlog of March salary would be given to its employees soon. Top officials of the airline, who met DGCA chief Arun Mishra, also ...
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Signs of a good friend Some of my very good friends with whom I had a great time in my life.

19400


To become a blogger and Author, lot of research has been done looking into the benefits of friendship even in the time of Global recession, and the research has found exactly what you might expect. 

It turns out that the better quality relationships you have; the more likely you are to be happy. Therefore it’s good for your happiness to be a great friend to someone and to have a group of good friends supporting you. But it can be hard to pinpoint exactly what makes a good friend. 

Signs of a good friend

Friends will come and go in your life, but more important than how long a 

friendship lasts, is that a good friend will love you for who you are. The way 

you can tell the sign of a good friend is by looking at the actions they take –

big and small – that show they care. 

Some of my very good friends with whom I had a great time in my life. 

Dhiraj Dutta

Bhagwan Mulani

Capt Pulkit Gupta

Dr Er Prof Sanjay Fuloria

Capt Faisal Ali Khan

Capt Sameer Tiwari

Capt Azam Khan

Capt Pinaki Roy

Capt Prashant

Capt Girish Tare

Capt Richard Bourland

Capt Dan 

Capt Rennil Busbus

Capt Aditya Singh Chauhan

Amit Choudhary

Er Yashi Shrivastava

Capt Somesh Bhatnagar

U Devraj

Pankaj  Pradhan 

RJ Paromita

Capt Rashmi

Capt Monu Khanna

Abdul Raheem 

Capt Viral Das

Capt Morais 

Akshaye Vaid

Upali Keppitipola

Dr Sudhir Das

Manisha Kumar

Meenakshi Singh

Deepak Motwani

Firoz Patel

Jayesh Mehta

Rahul Jain

Aakriti Gupta

Rakesh Jain

Vishal Rathore

Vibha Singh

John Baptist

RJ Pavleen Kaur Sabia

More to be add soon ... 



What makes a good friend? | Reach out Australia


It can be hard to pinpoint exactly what 
makes a good friend. Read this fact sheet for signs of a good friend, and get 

tips on how to be there for someone.

Having good friends is really important to your happiness. Figure out the signs 

of a good friend, and learn tips for how to be there for your friend when they 

need it.

This can help if…

you’re not sure about a friendship
you don’t know what to do or say to a friend
you want to figure out what a good friend is

What can I do now?

Get tips on being a good listener
Ask your friends what you can do to help them
Find out what to do if you’re having a hard time with friends
Why good friends are so important

A lot of research has been done looking into the benefits of friendship, and the 

research has found exactly what you might expect. It turns out that the better 

quality relationships you have; the more likely you are to be happy. Therefore 

it’s good for your happiness to be a great friend to someone and to have a group 

of good friends supporting you. But it can be hard to pinpoint exactly what makes 

a good friend. 
Signs of a good friend

Friends will come and go in your life, but more important than how long a 

friendship lasts, is that a good friend will love you for who you are. The way 

you can tell the sign of a good friend is by looking at the actions they take –

big and small – that show they care.

Some common signs of a good friend include 
someone who will support you no matter what
someone you can trust and who won’t judge you
someone who won’t put you down or deliberately hurt your feelings
someone who is kind and has respect for you
someone who will love you because they choose to, not because they feel like they 

should
someone whose company you enjoy
showing loyalty
being trustworthy and willing to tell you the truth, even when it’s hard
someone who can laugh when you do
someone who is willing to stick around when things get tough
someone who makes you smile
someone who is there to listen
someone who will cry when you cry.
How to be a good friend

If you want to do all or many of the things listed above for someone you care 

about, you’re already a good friend. It’s also common though, to not know exactly 

what to do or say to be there for someone. Some practical things you can do to be 

there for a friend include:

Listen. Listening is so important not to underestimate, but it can be hard to do. 

The best way to listen is to try and understand the situation from your friends’ 

point of view. If you aim to do this, you’ll naturally find yourself beginning to 

ask the right sort of questions and they will appreciate having someone who 

really cares about how they feel and what they’re going through. You don’t have 

to have all the answers, and you shouldn’t assume your friend wants advice – they 

might just want to talk so that they can work out what they’re going to do 

themselves.

Ask them what they need. If you’re worried about someone and you want to be there 

for them, just ask them what they need- that way you know what they find helpful 

during tough times, and you can be there in a way that’s most useful to them.

Get physical. Smiles and hugs are a great way to show friends that they’re not 

alone, that you’re there for them, and that they are important.

Keep in touch. Even if you guys aren’t nearby each other, making an effort to 

keep in touch through facebook, emails, texts and calls will show your friend you 

are there for them.

Tell them how you feel. You don’t have to make a big deal of it all the time but 

sometimes there are moments where letting someone know that they’re important to 

you through something you say, can make a big difference to how someone is 

feeling.

Get the facts. If your friend has a medical condition, or a mental health issue, 

a good way to offer support is to learn about what they’ve been diagnosed with. 

Taking an interest in what they’re going through shows that you care, and that 

you’re planning to stick around no matter what’s going on.

Be willing to make a tough call. If you think the safety of your friend is at 

risk, you might need to act without their consent and get help (see the sidebar 

for where you can seek help). It can be a hard choice particularly when you’re 

worried about their reaction, but remember that you are acting because you care 

and you don’t want them to be hurt.


-- 
Happy Landings   ...........

Capt Shekhar Gupta
CEO
AeroSoft Corp
Asiatic International Aviation Corp
A# 108 Ambikapuri Extn, AirPort Road Indore 452 005 India
T: +91-731-6450535, +91-731 6452650
F: 91-731- 4236650
M: 91-93297 37330,
91-99775-13452
W :       www.AeroSoftCorp.com,
             www.asiaticair.co.in,