Kapil Dev-Help Him Realise His Dream

Dear All,

This is my small attempt to realise the Dream of Kapil Dev_ i.e to Help him in the task of finding new Talent for Indian Cricket.

If you feel, Kapil Dev, is doing the right thing by being part of ICL, please email to both the organizations(reply option can be utilised) i.e., ICL and BCCI to come together for the good of CRICKET

The email Id's are
response@iclonline.in, questions@bcci.tv


Some Information to facilitate, to arrive at an assessment.
I am only fascinated only with KAPIL DEV', and nothing else.


Extraced from Wikipedia regarding ICL
Quote:-

Transparency Issues

Independent analysts have difficulty gauging the financial viability of the ICL due to the lack of transparency of the league's operations. Terms of contracts are rarely known and advertising revenue from match telecasts — considered to be the driver of all revenue — have never been disclosed. Because they are unsanctioned by the ICC, they do not have access to the best facilities across the whole country or access to the best players which limits their ability to capture high gate revenues. This lack of transparency leads to questions regarding the overall viability of the ICL's business model.

Unquote:


Extraced from Wikipedia regarding Kapil Dev
Quote:-
In May 2007, Kapil Dev joined the upstart Indian Cricket League (ICL) floated by Zee TV as the chairman of executive board and defended his decision as complimenting BCCI's structure rather than opposing it - "We are not looking to create a rival team but helping the Indian board to find more talent". In June 2007, BCCI responded by revoking the pension for all players who have joined ICL, including Kapil. on 21 August 2007, Kapil Dev was removed from the chairmanship of the National Cricket Academy, a day after he addressed a formal press conference of the new Indian Cricket League.

Unquote


A Closing quote from my favourite author:
Ambrose Bierce [pseudonym Grile Dod] (1842-c1914), American journalist and author wrote The Devil's Dictionary (1906);
CIRCUS, n. A place where horses, ponies and elephants are permitted to see men, women and children acting the fool.

EPayments-A brief introduction.

To me Epayment means, movement of funds from one bank account to another bank account, electronically, without the cheque or minimal human intervention.

Common types of Epayments currently in India are: Credit Card, Debit Card, Epayment of Government Taxes, Electronic Clearing Services(ECS-Debit), Electronic Clearing Services(ECS-Credit), RTGS and NEFT.

Further, this can be classified into two types: Push-Amount is credited to the beneficary's account by a specfic action of the Remitter, each time. Examples are Credit Card, Debit Card, Epayment of Government Taxes, ECS-Credit, RTGS and NEFT.

Pull-Amount is debited from the Remitter and credited to the beneficary, basing on a Standing Instruction. Example is ECS-Debit.

Of the above two, the PUSH type is secure from the remitter's views, whereas the beneficaries viz EMI Recovery, Utility Bills prefer PULL  type. Hence, customers should be inclined towards PUSH, rather than PULL

The major advantage of Epayments is the flexibility to the customers, apart from cost-saving to customers and financial instituions.

 

           Banking Industry in India, is huge, and there are many facets to it. As I believe in Epayment Mechanisms, I am interested in Banks who are participants of RTGS/NEFT Epayment Systems. At present 96 Banks are part of RTGS, including Co-operative Banks. Hence, this list is an a good start.

          Reserve Bank of India, has done an extraordinary job in creating the essential infrastructure for Epayment Systems.

          The Reserve Bank of India had introduced NEFT system in 2005 and RTGS in 2004. As on date, the total number of banks participating in NEFT is 87 and that in RTGS is 96. There are over 49,000 bank branches participating in these two electronic funds transfer systems.

National Electronic Funds Transfer (NEFT) system is a nationwide funds transfer system to facilitate transfer of funds between NEFT enabled bank branches. The beneficiary using NEFT system gets the credit on the same day or the next day depending on the time of settlement.

The acronym 'RTGS' stands for Real Time Gross Settlement. RTGS system is a funds transfer mechanism where transfer of money takes place from one bank to another on a 'real time' and on 'gross' basis. This is the fastest possible money transfer system through the banking channel.

Source: Reserve Bank of India Press Release Press Release: 2008-2009/248   

starting today

Hi folks,
just an attempt to be in touch with what is happening in India.
I would be focussing on two major aspects,
01) Climate change
02) Life Insurance.
As the days pass, I feel, with knowledge sharing, all of us will gain
WELCOME