Love it live it be in it

Author: !K5hit / Labels: , , ,

Love it live it be in it.. Good luck finding the infinite abyss

I wish there were some 'for dummies' e-tips available to help find that infinite abyss.. or maybe some mantra. But then, what would all this life had been about. No risks, no thrills, just an ominous frill.
I wish it wasn't this, but it was that.. I wish I were satiable..But then, there would have been stagnancy all around; stagnancy of thoughts, a stagnant sense of sensibility.
I wish there were no troubles and there was no panic.. But then..
trouble, panic, ...
what comes next?? Coldplay!! :D

well these words remind me of the amazing Coldplay numbers.. Don't panic, trouble..
and Don't panic reminds me of the amazing video.
ah well it has nothing to do with the thoughts above, but yeah it reminds us of the heavenly abode called Earth and tries to sensitize us about the fact how we are infecting it and rottening it.. high time..lets think green!!

Coldplay-Don't Panic..

Oh, we're sinking like stones,
All that we fought for,
All those places we've gone,
All of us are done for.
We live in a beautiful world,
Yeah we do, yeah we do,
We live in a beautiful world,
Oh, we're sinking like stones,
All that we fought for,
All those places we've gone,
All of us are done for.
We live in a beautiful world,
Yeah we do, yeah we do,
We live in a beautiful world.
Oh, all that I know,
There's nothing here to run from,
And there, everybody here's got somebody to lean on.

RIL-RPL Merger - Who benefits??

Author: !K5hit / Labels: , , ,


India’s most valuable company (by market capitalization) – Mukesh Ambani-controlled Reliance Industries Limited (RIL) has decided to absorb its Reliance Petroleum Limited (RPL) unit through a share swap arrangement.
RIL said it would issue one share for every 16 held in the unit, giving it direct control of the world’s largest refinery complex.
Below is the analysis from top brokerage houses across the country on the deal and who stands to benefit in the scheme of arrangement.
Angel Broking
RIL currently holds 70.4% stake in RPL, which is likely to increase to 75.4% on account of Chevron selling its stake back to RIL.
The merger is likely to strengthen RILs’s cash flow and balance sheet. RPL has incurred huge capex towards commissioning its refinery and is likely to generate positive free cash flow (FCF) going forward.
Thus, the proposed merger would help RIL utilise this Cash flows in its other business verticals in a fruitful manner.
Alternatively, if RPL would have been maintained as a separate entity and had paid dividend to RIL, it would have attracted dividend distribution tax of 17.99%. Thus, the merger allows RIL flexibility in using RPL’s Cash flows.
The proposed merger could benefit RIL in taking advantage of RPL’s depreciation.
While calculating book profit, RIL would be entitled to take SEZ benefit for RPL’s refinery unit and while calculating taxable income for the year, RIL could avail the benefit of depreciation tax shield.
However, things are still unclear whether RIL would actually benefit from the same.
Who benefits from the merger?
The beneficiary of the merger would depend on the swap ratio. In mergers the swap ratio is determined based on the intrinsic value of the respective companies, which is in turn decided based on various parameters, ie. market value based swap ratio, book value based swap ratio, etc.
As per the 27 February 2009 closing price of RIL and RPL, the swap ratio works out to 1 share of RIL for every share 16.6 share of RPL.
However, on book value basis, the ratio works out to be adverse for the RPL shareholders.
We believe given that RPL is yet to commence production from its new refinery the book value based swap ratio would not be an ideal indicator for fixing a swap ratio.
The case also strengthens from the fact that RPL’s IPO price was fixed at Rs60/share much above the book value of Rs29/share of the company. Thus, a book value based swap ratio does not serve any purpose in this case.
We believe swap ratio in the range of 16-17x will be Neutral for both companies. Since RPL’s listing, the hypothetical swap ratio between RIL and RPL has been in the range of 21 - 10x, giving an average of 15.7x and median of 15.3x.
However, if the ratio is more than around 18x, it would be adverse for RPL shareholders. While any swap ratio of more than 20x would be beneficial for RIL shareholders.

Dear Diary

Author: !K5hit / Labels: , ,


Diary has always been the most favorite medium of expression for oneself. It is fun to write or scribble anything on the white pages of your personal diary. Be sure of the fact that it is not checked by any other person when you are not at home. Daily diary writing is a good habit as you get a chance to analyze yourself. As the daily diary writers get engrossed in their writing they create a world of their own where they are not answerable to anyone for any of the expressions over there.
There are people who write daily diaries just to keep a track of the events in their lives. These writings usually come up in the form of flat information on the event with the date. And there are some, who write diaries to express their perception of the event instead of stating the facts. These are actually reviews. A person can mention in his daily diary “Today I watched the film Sound of Music.” and a sensitive person with analytic bent of mind will explain his experience in words. The second option is surely more attractive. Almost all the famous personalities of the world nurtured the habit of writing daily diaries. Cartoonists try out a new sketch in their diaries and novelists are known to carry their daily diaries with them in order to take note of everything interesting that is happening around him or her and later on when they start framing the novel, these dialogs, events or characters are incorporated into the main structure. Thus, we can say that a novel is born out of the scattered notes of daily diaries. Why i am mentioning to let all know i have developed this habit myself. It could be one of those initiatives that go haywire after a pumped start. Lets hope i keep it doing.

Noida MMS Scandal.Talibanisation or Next Door Incident.

Author: !K5hit / Labels: , , ,


I am surprised by the mere fact of discussion being done on a MMS scandal in a population of 1 billion. The Noida MMS scandal is topping charts of being the most read article on TOI after it came into light. What we fail to understand here is that masses get bored of reading Kasab,AIG,Satyam,Raju,manmohan singh or India. It becomes so obvious and easy to be excited about the spice a particular "NEWS" or specifically its the human tendency to be interested in whats happening next door? I do not disagree with the seriousness of the crime and the damage meted out to the girl. But arent we aware that in such a huge system there ought to be some viruses plaguing it. With the intiation of this incident will be lot of reactions extended and demanded. It will surely be talked out, know why?.. because it is spice, we are bored and above that we are democracy. It is just a projection of how sick the human mind can become or the portrayal of degrading Moral value and the protectionist nature of Parents to coverup the ills their pupils bring. the internet is filled with MMS and other explicit content as result of someones' emotions to get a high, being recognised, being hurt or anything. Crimes are always result of motives or emotions. Maybe the nations media need to be redirected. Maybe their is a expoitation of democratic freedoms granted to the press. The Nation and its people need to be focused on most important aspect of Indian Society:Development. And having said that i do not recommend the swaping of moral issues with our drive of economic progress, it should cover all aspects of an ideal society be it economic,social,political or communal. There is a sense of change in the nation, lets capitalise on it.

What do you consider is the biggest invention/discovery till date in the history of human existence?

Author: !K5hit / Labels: , ,


Pour in your response to this question in the comments section. Only 1 entry allowed in the response!!

Lets see where your imagination lands you on this one. Happy reading !!

Valentine's day- know everything about it

Author: !K5hit / Labels: , , ,


Come February 14th and candies,chocolates,flowers,teddies and gifts are exchanged between couples. It i a celebration with its origin in the western countries. Not surprisingly enough around billion greeting cards are sold for this particular eve worldover next to christmas.Approx. 85 percent of cards however are bought by women. The day is most closely associated with the mutual exchange of love notes in the form of "valentines." Modern Valentine symbols include the heart-shaped outline, doves, and the figure of the winged Cupid. Cupids with bows and arrows represent Roman mythology. Cupid was the son of Venus, the goddess of love. The shot of the arrow would strike the unsuspecting desired person or god, making him fall in love.
Even though the history of Valentines Day is unclear, it has become one of the most popular holidays. It dates back its origin to two among the numerous Early Christian martyrs named Valentine(Valentine of Rome & Valentine of Terni) No romantic elements are present in the original early medieval biographies of either of these martyrs. One legend contends that Valentine was a priest who served during the third century in Rome. When Emperor Claudius II decided that single men made better soldiers than those with wives and families, he outlawed marriage for young men — his crop of potential soldiers. Valentine, realizing the injustice of the decree, defied Claudius and continued to perform marriages for young lovers in secret. When Valentine's actions were discovered, Claudius ordered that he be put to death. According to one legend, Valentine actually sent the first 'valentine' greeting himself. While in prison, it is believed that Valentine fell in love with a young girl — who may have been his jailor's daughter — who visited him during his confinement. Before his death, it is alleged that he wrote her a letter, which he signed 'From your Valentine,' an expression that is still in use today. during the Middle Ages, it was commonly believed in France and England that February 14 was the beginning of birds' mating season, which added to the idea that the middle of February — Valentine's Day — should be a day for romance. The oldest known valentine still in existence today was a poem written by Charles, Duke of Orleans to his wife while he was imprisoned in the Tower of London following his capture at the Battle of Agincourt. It is on display at the British Museum in london.

say no to drugs- part 4

Author: !K5hit / Labels: , ,

As we continued with the "Chillax" session, i noticed a strange figure, a man in a rotten state in the dark sitting alone under a shed nearby. We ignored,we forgot,we laughed,we fagged,we drank, a lot. It was awesome to relish nirvana playing from the car boot increasing the pace of bloodflow in my veins. Girls gave up midway.Guys continued their thing. Sun broke out early that day. I bid bye to all of them. I always liked being alone after a hangout. That man was not there. What could bring a man alone to drink all night? I remembered to have noticed him with the last memories i had. I slept more in the car.
There was a knock on the car. As i opened my eyes sunlight caught my eyes straight. I must have slept long. couldn't notice the person there. I lowered the window. In came a blow, a strong blow to my head.. I couldn't resist. I had seen this person somewhere. Oh, it was this... this... i got unconscious.