hulo ppl,
didnt see many sims aspirants of dis yr.not a very pleasing feedback on d placement scenario.would like to know wat kind of case studies come up?and how are d interviews?i blv there are 2 interviews?is one of dem a stress int?would someone plz reply to d queries?also wat is d selection to rejection ratio?have my int on d 5th anyone in g307 or g301?do mail me at [email protected]
and all d best
HI ROCKY AND MANISHA,
It seems we have different groups on same Date and time.
Mine is -G-108
Rocky-G-106
Manisha- G-107
Anyways,we all r from mumbai so lets meet there in Pune..
What all r U giuys doing for the interview?
It seems we have different groups on same Date and time.
Mine is -G-108
Rocky-G-106
Manisha- G-107
Anyways,we all r from mumbai so lets meet there in Pune..
What all r U giuys doing for the interview?
HEY FOLKS....
good to have so many frnds now in this thread...
thanks akshay ,rocky....for all the good info...
cudos to raghav for such great knowledge stuff...keep it up..!!
ALL THOSE HAVING THEIR GD/PI s COMIN UP......
"Give your BEST..and get the BEST...!!" :bigups:
take care...
keep writing...!!
helllooooooooooo have given sibm on 31st sims ANY ONE IN G109 ON 3RD FEB.......I AM IN DLHI SO PLZ MSG ME ON 9815001562
a.sharma16 SaysAs far as My knowledge tells me its still Dr. Manmohan Singh.......so you should have been correct......however, the interviewer could be just making sure that you are sure about the answer or maybe he had his facts wrong.....;)........so you just relax cz afterall you were correct....rest leave all to luck..............
HEY IT IS ALWAYS THE PM.....so it is dr manmohan singh.
hi there people
my GD/PI is on 4feb
batch no:G-205
time-08:15-1300
in delhi
any body wth the same batch???
my GD/PI is on 4feb
batch no:G-205
time-08:15-1300
in delhi
any body wth the same batch???
forgt to ask one thng--hw many people wuld be there in a single GD??
nybody cn nip in wth a suggestion
thnx!!
there will be arnd 10 ppl per batch....thats the norm...
anybody in batch g-113? pune 11th feb. 12-45 pm
another question....can we wear a blazer and go? i dont have a suit!
digi_the1 Sayshelllooooooooooo have given sibm on 31st sims ANY ONE IN G109 ON 3RD FEB.......I AM IN DLHI SO PLZ MSG ME ON 9815001562
i have the same one
G109 -12.45 - 6
mine no 9810931741
Why the Iraq scam report is so explosive?
The Volcker report, which made public details of an elaborate scam devised by the Saddam Hussein regime, has sent shockwaves throughout the world. From Germany, France England to Russia, India and Australia, the report by the Independent Inquiry Committee headed by Paul A Volcker names almost 2,400 firms and individuals who paid the Saddam regime money under the guise of the United Nations' Oil for food Programme. If you are wondering just what the scam is and why the report is so damning, read on:
When was the Independent Inquiry Committee set up?
UN Secretary General Kofi Annan appointed the Committee on April 21, 2004, to investigate allegations of corruption in the Oil for Food Programme. Allegations had sprung up in various publications, including Baghdad's al-Mada newspaper, which published names of 270 individuals and companies.
Who were on the Committee?
Paul A Volcker, former chairman of US Federal Reserve, headed the Committee, which also included South Africa's Justice Richard Goldstone and Switzerland's Mark Pieth, chairman of the Working Group on Bribery in International Transactions at the Organisation for Economic Cooperation and Development.
What did the Committee find?
The Committee found that Saddam's regime had devised a scheme to fox the UN and pilfer money for itself from the Oil for Food Programme. Volcker's Committee named the firms who had paid Saddam's regime money knowingly and unknowingly as part of the humanitarian UN Programme. The number of firms who had paid Saddam was more than half the number of firms that had dealings with Iraq under the programme.
What was the Oil for Food Programme?
After Iraq invaded neighbouring Kuwait in 1990, the UN imposed economic sanctions on the country. In the face of a global appeal to save the people of Iraq from bearing the brunt of the sanctions on its dictatorial regime, the UN started the Oil for Food Programme in December 1996.
Under the Programme, Iraq could sell its oil at UN-prescribed prices in exchange of humanitarian goods. Under the Programme, Iraq sold $64.2 billion worth of oil to 248 companies and 3,614 firms sold $34.5 billion worth of humanitarian goods to Baghdad. The programme ended in 2003.
How did Saddam fool the UN?
Baghdad was allowed the power of choosing who it sold the oil to, a loophole which the Saddam regime exploited to garner $1.8 billion for itself.
The dictator gifted oil vouchers to supporters across the globe. Beneficiaries also included vocal anti-sanctions politicians. The vouchers could be sold to companies at higher prices, a part of which found its way into Iraqi accounts.
In the invoices for the oil sales that were presented to the UN, the illegal payments were disguised as 'after-sales service fees' or 'inland transportation fees'.
Did all companies and individuals pay Saddam knowingly?
The Volcker report says some companies that were dealing through agents and middlemen might not have known they were bribing the Saddam regime. In the case of individuals, however, there was no such unknowing bribing.
Which companies paid Saddam?
The list of nearly 2,400 firms that paid up to Saddam knowingly or unknowingly reads like a who's who of global business. It includes British pharma giant GlaxoSmithKline, Germany's automobile behemoth DaimlerChrylser, Swedish carmaker Volvo, German engineering company Siemens and the Australian Wheat Board.
One hundred and twenty nine Indian firms -- including Ajanta Pharma, Alembic Chemicals, Godrej Boyce, Kirloskar Brothers, Tata International and V N Enterprises are also mentioned in the report.
The Committee asked all the companies in the list to explain the payments. Virtually none of the Indian firms replied, says the Volcker report.
Who are the politicians named in the report?
A number of politicians figure in the report as beneficiaries of Saddam Hussein's largesse. They include Vladimir Zhirinovsky, head of the Liberal Democratic Party in Russia, former French interior minister Charles Pasqua, French UN Ambassador Jean-Bernard Merimee, British member of Parliament George Galloway and Indian External Affairs Minister Natwar Singh.
How do politicians fit in the scheme of the scam?
The Volcker report says Iraq 'selected oil recipients in order to influence foreign policy and international public opinion in its favour.' Thus the oil vouchers went to prominent pro-Iraq global voices, who the report classifies as 'non-contractual beneficiaries'.
These 'non-contractual beneficiaries', in turn, sold the vouchers to oil companies who bought oil at UN-prescribed low prices.
Who are the 'non-contractual beneficiaries' from India?
Jammu and Kashmir Panther's Party leader Bhim Singh, the Congress party, Reliance and Natwar Singh are the four 'non-contractual beneficiaries' from India named in the Volcker report.
The report says Natwar Singh and the Congress party sold their oil vouchers to a Swiss oil trading company, Masefield AG.
What has been the global reaction to the report?
Most of the companies named have said they had no knowledge that their money was going to Saddam's regime an argument which the report concedes as possible.
The individuals and organisations named as non-contractual beneficiaries have questioned the evidence and demanded that Volcker's Independent Inquiry Committee reveal its sources. Some have also alleged that the report is a witch-hunt for critics of the Iraq war.
helllooo dude i couldn't understand your message......hey your grp is 108 someone posted it up here...mine is 109
digi_the1 Sayshelllooo dude i couldn't understand your message......hey your grp is 108 someone posted it up here...mine is 109
i have 109
confirmed . 3rd feb -12.45 - 6.00 pm
i have 109
confirmed . 3rd feb -8.45 - 6.00 pm
mine is 12.45....
i have the same one
G109 -12.45 - 6
mine no 9810931741
got it got it sorry my mistake mainae thek sae pada nai tha...ciao tomoorow
Allright guys read this......
- The US economy will slow down in 2006, especially in H2, towards a 2-2.5% growth rate.............based on the simple idea that the U.S. consumer is shopped-out and US consumption growth is bound to sharply fall. In summary my call is based on the following factors: consumption has been growing faster than income for too many years; the U.S. household savings rate is negative; the main driver of U.S. consumption has been the housing price bubble; this housing bubble will flatten and burst in 2006 thus slowing down consumption towards 2%; both job creation and real wage growth will be mediocre in 2006 leading to poor income generation for U.S. consumers. Moreover, debt to income ratios have increased excessively for U.S. households (while the increase in wealth will fizzle down once the housing bubble burst); while debt servicing ratios are increasing driven by higher U.S. short rates now and higher long term rates in 2006. These factors would be enough to slow down consumption towards 2% but, on top of them, a likely stagflationary oil shock (with oil above $70) would further slow down consumption by reducing real incomes and by forcing the Fed to tighten further short rates towards a 5% plus Fed Funds rate.
This was at the recent Economic forum at Davos...... Also at the recent State to Union address day before, Bush has particularly mentioned India and China as major economic stalwarts to watch out for.......These all are impressive details at international level which encourage us to surge forward ....Commerce minister Kamal Nath as upped his earlier predictions of FDI flow from 10USD to 15USD for fiscal 2006 -2007 .......however the glitch comes when at national level our standards keep falling.......take the recent airport privatisaion affair.....CPI is bound to bring disorder in some way or other .......what it doesnt relaise is if we are promoting the 'Incredible India' theme, we have to look the part!!!!!
- The US economy will slow down in 2006, especially in H2, towards a 2-2.5% growth rate.............based on the simple idea that the U.S. consumer is shopped-out and US consumption growth is bound to sharply fall. In summary my call is based on the following factors: consumption has been growing faster than income for too many years; the U.S. household savings rate is negative; the main driver of U.S. consumption has been the housing price bubble; this housing bubble will flatten and burst in 2006 thus slowing down consumption towards 2%; both job creation and real wage growth will be mediocre in 2006 leading to poor income generation for U.S. consumers. Moreover, debt to income ratios have increased excessively for U.S. households (while the increase in wealth will fizzle down once the housing bubble burst); while debt servicing ratios are increasing driven by higher U.S. short rates now and higher long term rates in 2006. These factors would be enough to slow down consumption towards 2% but, on top of them, a likely stagflationary oil shock (with oil above $70) would further slow down consumption by reducing real incomes and by forcing the Fed to tighten further short rates towards a 5% plus Fed Funds rate.
This was at the recent Economic forum at Davos...... Also at the recent State to Union address day before, Bush has particularly mentioned India and China as major economic stalwarts to watch out for.......These all are impressive details at international level which encourage us to surge forward ....Commerce minister Kamal Nath as upped his earlier predictions of FDI flow from 10USD to 15USD for fiscal 2006 -2007 .......however the glitch comes when at national level our standards keep falling.......take the recent airport privatisaion affair.....CPI is bound to bring disorder in some way or other .......what it doesnt relaise is if we are promoting the 'Incredible India' theme, we have to look the part!!!!!
Hello Aspirants,
All the best for the GD/PI.
Regards,
Madhur Bharadwaj
PGDM (Marketing & Systems)
there will be arnd 10 ppl per batch....thats the norm...
anybody in batch g-113? pune 11th feb. 12-45 pm
another question....can we wear a blazer and go? i dont have a suit!
hey dude!!!! whats up!!!!! nice question man....me too just plannin to wear a blazer and go.... dont have a suit and all!!!!! dont think it should be a problem.... i mean how strict can the stiff upper lip of the army get!!!!! hopefully they will realise that we have only come for a college interview and not to join the NDA:satisfie:
Hello Aspirants,
All the best for the GD/PI.
Regards,
Madhur Bharadwaj
PGDM (Marketing & Systems)
Thanks to seniors and peers and yes all the best to all fellow aspirants
Regards
Raghav
hey friends best of luck for tomorrow's interviews may you all make it to pune & those of you with other calls please try hard to convert those calls
.
.
hi
raghav u have really enlightened all of us about the current affairs, thanks alot.
my D day is 11th Feb in Pune G-102
time : 8.15am to1.00pm,is there anybody with same??????:)
ATB
hey friends best of luck for tomorrow's interviews may you all make it to pune & those of you with other calls please try hard to convert those calls
[Hi guys,
Where r u buddies.I just hope that each one of u does really well in u r GD/PIs.
Guys do let us know how was is it.
Wat was the procedure, GD topics or case study topics, questions asked by the panels, and DIFFERENCE between two round of interviews.
Especially Akshay and Raghav do share u r exp.
Hi saurabh(junior), manisha and phrozenfire I guess we all have GD/PI on the same date at the same time , lets meet at the pune centre and r u guys leaving for pune on 11 itself or leaving on 10th.
Regards,
Rocky
G-106
11th Feb(12.45-6)
Pune
guys
the interview was fine .had nothing as such called stress factor attached to it
have a essay of about 200 words also where a genreal topic is given
the Gd -Case study was simple and crisp . disciplinedeffort by the coordination commitee
hatss off
Regards
raghav