The PM at the CII meet

http://www.mbauniverse.com/innerPage.php?id=ne&pageId=326

The prime minster at the CII annual session gave a speech and listed out 10 point social charter. Here are the listed 10 points.

1. Respect for and welfare of employees
2.CSR should not be only for tax purposes
3.Pro-active involvement of industry in promoting employment to less privileged
4.Resist excessive remuneration for to promoters and senior execs
5.Invest in people
6.Desist from non-competitive behavior
7.Invest in environment friendly technologies
8.Promote enterprise and innovation
9.Fight corruption at all levels
10.Promote socially friendly media

What has attracted the attention of the media are the forth and sixth points, those on remuneration for senior execs and a sentence related to non-competitive behavior where the PM said "Even profit maximization should be within the bounds of decency and greed!" And that is the reason why i spent a whole hour of my prep time for the CFA searching for the PM's speech. But as my CFA preparation seems to come to a halt, no regrets!

Relief...well, sort of

Gmail gave me excellent news today. CFA institute is paying $300 for anyone who is changing the CFA center to outside and appearing for the exam. It will at least partially offset the flight cost to travel to Colombo. Yup, there is a good chance that the moron writing this blog will be in Colombo for a day. The credit goes to Pranshu who has really helped me out in getting the tickets. I seriously don't know what I would have done without him.

This whole business of changing locations sort of put off the prep I was doing for the exam itself. Now one hand there is the problem of traveling to a totally new country called Sri Lanka and on the other, I have to answer questions such as 'how do u translate the financial statements of a subsidiary in another country?'

By the way, any comments on how to improve the blog will be appreciated.

Shocked!!!

After almost a week of being disconnected from the world, i got my on the net yesterday. And boy, what a shock it was! I came to know that the CFA level II exam for which I had been slogging for a month during the last huge vacation of my life might not be held after all. Did I need this now? Wish I had just spent the vacation visiting relatives who right now think I am too uptight to visit them. Or spent it traveling to all those exotic places which I would probably never get a chance. I am baying for someone's blood now.

The whole vacation now looks like a huge disappointment. All I did in this vacation was watch TV and study for that dammed CFA exam. Argggggggggggggg!! I had planned to learn cooking, driving, stitching and what not.