Vista SP1 on February 15th?

PCWorld and Digitimes report: A DRAM spokesperson from a company called Nanya believes that Vista SP1 will hit the street on Feb. 15th. PC World followed up with a phone call to Microsoft but they only confirmed a Q1 release.

read more | digg story

Spiritualism

Few days back on a TV Channel I saw the Bhajan for Lord Shiva and the singer is one of the popular saints now-a-days. Saints are acquiring whose money, assets and resources from devotees and making their ashrams. They are using very professional management tactics to increase the number of devotes from every section of society. They sell books medicines, audio-visual CD’s/DVD’s of their prayers, Bhajans and other programmes. They print magazines and sold it to their devotees. All the above methods show that spiritual gurus are using highly professional management tools. By acquiring more and more resources, assets, money etc how do these spiritual gurus helps society. It looks like a commercialization of religious activities and making profit out of religious faith of peoples.

It is not good for our society and the resources of these ashrams must be tracked whether they are used in proper way or not for development of society.

Personally I am not against any religious activity as I have full faith in god but wants that no commercialization of religious activity should exist in our society.

Please send me your feedback for above.

Reliance Power IPO

On January 15 the public issue of Reliance Power (Anil Dhirubhai Ambani Group) opened and oversubscribed 10.2 times on same day which is a historic in Indian share market history. I hope that it will be oversubscribed 50 times by its last date i.e. 18^th January 2008 because peoples are selling their existing holding in big quantities to invest money in this IPO and the BSE sensex and Nifty sensex is going down continuously.

All over the country peoples are opening demat account in large number as it is necessary to have a De-Mat account for bidding in IPO. Reliance is issuing 26 crores shares in this price bank of Rs.405-Rs.450 with a discount of Rs.20/- per share. Company has spent a lot of money and using various methods for advertisement of this IPO. From Mumbai dabbawalas (Sex Sigma rated) to TV channels everywhere company is giving ads.

The grey market sources said that the price of share after listing will be approx. Rs.900 although it is not a reliable information but looking at the history of reliance group one can definitely rely on the goodwill of company. Company has around 13-14 power projects based on coal, gas and hydroelectric.

If we look at the power sector, it has great potential and all the shares of power sector companies like NTPC, Power Grid etc. are performing well.

Even many mutual fund companies are planning to launch their new offering immediately after the Reliance Power IPO in a hope that the refund sent to bidders may be attracted for their funds.

Please provide me your views for this IPO.