Leisure, Lifestyle & Wellness
No Diaries this New Year!
Productivity tools and hazard detectors make life a breeze for users of smart devices
 
One of my favourite productivity tools is Evernote (www.evernote.com). Evernote makes it easy to remember things, big and small, from your everyday life, using your computer, phone, tablet and the Web. You can write notes on any of your devices and they will be automatically synchronised with all your other devices. If you are in a meeting and taking notes on your tablet or phone, the minute you login to your office/home computer, you will find them there! 
The beauty of this elegant piece of software is that it is truly cross-platform. It supports iOS, Blackberry, Windows and Android on smartphones and tablets and Mac 
 
OS X, Windows, Safari, Chrome and Firefox on Computers. It just synchronises seamlessly.
Your notes could be text, audio, picture notes, checklists or even sketches. So, remember everything, access anywhere and find things f-a-a-a-a-s-t! Best of all, it is free to install on each one of your devices. Free accounts have a 60MB (megabytes) upload limit per month; but I have never even reached half of it in any month. For advanced features, you may go in for a paid version which is available in two flavours. My current favourite; no gifts of diaries for me for the New Year!
 
Google Calendar 
If you are a regular user of Gmail (900 million active users, why not you?), I have a bunch of productivity tools lined up for you. One of the most used is the Google Calendar. It helps organise your life seamlessly!  Simple calendar options are there by default. If someone sends you a mail which has the time, date and place for a possible meeting, you have the option to directly add it to your calendar from your inbox itself—no need to manually add it to your calendar. Recurring appointments and reminders are a breeze. You can add attachments to your calendar entry and you can also show the time as busy. Many more features are inbuilt for you to explore; but, then, I would run out of space here! Google Calendar is also now available as an App for download on Android devices and it remains synced always. Just try it; I’m sure you will be hooked: don’t tell me you were not warned!
 
Write to me at yazdi@on-lyne.com if you would like to have more Gmail productivity tools and I will cover them in my future columns.
 
EMF Hazards Detector 
These days, one is exposed to so much radiation—the television, speakers, cellphone towers and your microwave oven; even your cordless telephone emits radiation. Most of it is safe. But what if it is not? You can buy a Gauss meter to measure the accurate value. However, your smartphone can also be converted as a simple Gauss meter. Use your Android Smartphone to detect such hazards emanating from electromagnetic fields (EMF) with the EMF Hazards Detector. This application will sound the alarm when an abnormal EMF field is detected. The screen colour will also turn from healthy green to dangerous red. So, scan your home and office now and find your level of exposure. Proceed to Google Play and download this light and simple to use app. To acess go to: http://tinyurl.com/b36bbbo
 
Simple Unit Converter
Often, one needs to make simple unit conversions without wading through a complex calculator. The Simple Unit Converter does just that! Once you download and run the app, you are presented with a simple screen with the following options: length, volume, weight, temperature, speed and others. Just tap on any one, based on your need, and choose the units to and from. Voila! You get the conversions instantly. A must-have for those who have children abroad, who quote the temperatures in Fahrenheit and go crazy trying to figure them in Centigrade! This is available at http://tinyurl.com/qfljsz6
 
Yazdi Tantra is a chartered accountant by training, computer consultant by profession, entrepreneur-developer by hobby and trainer in his leisure time. He is currently the vice-chairman of Zoroastrian Co-operative Bank Ltd and has been running a medium-sized computer company ON-LYNE for the past 24 years. 

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COMMENTS

SUNIL KUMAR HEMNANI

1 year ago

A very simple yet useful site , thanks for the information .

Delzin

1 year ago

I love Evernote!
Have not used the hazards detector yet. will try it out!
Thanks!

MG Warrier

1 year ago

All these innovations are 'revolutionary' and welcome. My comment here is from a different angle and refers only to the caption. Last week, I came across a CRY diary. I loved the idea of diary as a gift, if the format used by CRY is used. The diary has months and dates. For February after the date 28, there are two blank pages on which date is not printed. The year and week days are conspicuous by their absence. The advantage is, the person who gets it can start using the diary any year. And, for individuals like me, the diary can be used for more than one year, as I do not crowd the pages.

REPLY

Delzin

In Reply to MG Warrier 1 year ago

As the 'keeper of diaries' I would love a diary as a gift but being a busy new mom, honestly what comes to my rescue is my handy phone with apps that synchronize my calendars and notes. I can have my appointments on the go, make notes in the grocery check out line and leave voice notes as I drive!

Nifty, Sensex rise on low volumes – Monday closing report
Nifty is going strong and will start to weaken on a close below 7,851
 
We had mentioned in Friday’s closing report that Nifty, Sensex may remain listless and that Nifty will head higher if it closes above 7,900. The market was bullish on Monday after last week’s listless trading and the major indices closed with small gains of upto 1%. The trends of the major indices are given in the table below:
 
In corporate news, the shares of SMS Pharmaceuticals climbed 11.8% in early trade Monday on getting approval from the US health regulator for one of its unit in Andhra Pradesh. "SMS has received approval from the US Food and Drug Administration (USFDA) for manufacturing facility (unit 7) located at Kandivalasa village, Pusapatirega Mandal, Vizianagaram district, Andhra Pradesh," says the Telangana-based pharma company in its filing. The US health regulator had conducted inspection of this plant in third week of April. The shares of the company closed at Rs132.00, up 7.32% on the BSE.
 
Jaiprakash Associates Ltd: Aditya Birla flagship UltraTech, Dalmia Bharat backed by private equity investor KKR and Shree Cement are among prospects approached to take over the Jaypee Group's cement business, according to media reports.
 
Tube Investments of India Ltd : Chennai-based Tube Investments of India Ltd will sell 14 per cent of Cholamandalam MS General Insurance to its joint venture partner Mitsui Sumitomo Insurance Company of Japan for Rs882.67 crore, said a communication from Tube Investments to the Bombay Stock Exchange.
 
Bosch India Ltd: Bosch Limited has announced that with a view to adjust production to meet the demand for products and to avoid unnecessary build-up of inventory, it is proposed to suspend all manufacturing operations at their Jaipur Plant from 26 December 2015 to 2 January 2015.
 
HT Media Ltd: HT Media's arm, HT Overseas Pte Ltd is acquiring 5% stake in Singapore-based news agency Dealstreetasia Pte Ltd for an undisclosed amount. 
 
The top gainers and top losers of the major indices are given in the table below:
 
The closing values of the major Asian indices are given below:
 

User

PACL which has raised Rs55,000 crores, seeks stay from Delhi HC against SEBI’s recovery order
PACL, despite its similar request pending before the Supreme Court, has approached the High Court seeking stay on SEBI's proceedings to recover the money
 
PACL Ltd, formerly known as Pearl Agrotech, has appealed to the Delhi High Court for a stay order against recovery proceedings initiated by market regulator Securities and Exchange Board of India’s (SEBI) against the company, says a report.
 
According to the report from CNBC TV18, the market regulator had maintained that since PACL's similar request is pending before the Supreme Court, there was no need for the company to approach the High Court. The next hearing of the case in Delhi HC is scheduled on 4th January, the report says. On the other hand, PACL told the HC that SEBI wants the money to be transferred to itself and the market regulator cannot act like an intermediately. 
 
Earlier, SEBI, as part of its recovery proceedings, attached all bank and demat accounts, mutual fund portfolios of PACL and it eight directors and promoters. In a release, SEBI said, the recovery proceedings have been initiated for their failure to comply with its order issued on 22 August 2014 directing, PACL and its directors and promoters to wind up the schemes, and refund Rs49,100 crore to the investors within three months from the date of the order. This amount is excluding further interest and all costs, charges and expenses incurred in the recovery proceedings.
 
According to SEBI, the amount due to investors of PACL would be over Rs55,000 crore. This  includes promised returns, further interest, all costs, charges and expenses incurred in respect of all the proceedings taken for recovery of Rs49,100 crore from PACL. 
 
The mobilisation of funds by PACL traces back prior to 1997. Upon receipt of a complaint, SEBI on 30 November 1999 and 10 December 1999 issued letters asking PACL to comply with the provisions of the collective investment scheme (CIS) Regulations. 
 
PACL challenged these letters before the High Court of Rajasthan in December 1999, claiming that its scheme does not fall under the definition of CIS as defined under the CIS Regulation and SEBI Act. PACL also challenged the constitutional validity of the CIS Regulations. 
 
The Rajasthan High Court on 28 November 2003, held that PACL's schemes were not CIS as defined under Section 11AA of the SEBI Act. The HC also quashed SEBI's letters issued to PACL. 
 
SEBI filed an appeal before the Supreme Court against the order of Rajasthan HC. The SC on 25 February 2013, while allowing the appeal upheld the constitutional validity of CIS Regulations, and directed SEBI to investigate the matter and take appropriate actions. 
 
After conducting an inquiry, SEBI on 22 August 2014, issued an order directing PACL, its promoters and directors to wind up all the existing CIS and refund the monies collected by the company to investors as per the terms of offer within a period of three months from the date of the Order. 
 
PACL filed an appeal before the Securities Appellate Tribunal (SAT), which was dismissed on 12 August 2015. The SAT directed PACL and its promoters-directors to refund the money within three months. Since the company and its promoters-directors failed to refund the money to the investors as per the directions of SEBI and SAT, the market regulator said it has initiated the recovery proceedings.
 
Meanwhile, All India PACL (Pearls) Investors Association (AIPIA)-led by Vishwas Utagi, has decided to to take out a massive morcha of around one lakh investors to SEBI and hand out claims of investors to the market regulator. 
 
AIPIA is also requesting investors to submit filled forms for claims at its offices. Here is the address of its Mumbai office... 
All India PACL (Pearls) Investors Association 
C/O Maharashtra State Bank Employees Federation, 
Dadyseth House, 1st Floor, (Rear), Nanabhai Lane, 
Fort, Mumbai- 400 023

User

COMMENTS

PPM

1 year ago

I have a personal experience with the PACL agent in my native, which is almost near to Kannyakumari.

When the agent called me, he introduced himself as the agent of LIC and I accepted to meet him to discuss about the policy.

When we met, he told Pearl Agro is same as LIC and approved by GOI. I asked for the approval letter and the website of their company. The moment I asked for more details he started sweating and left me saying that he would come with his officer, but never happened.

One or two questions asked in time might have helped those who invested in PACL.

PPM

1 year ago

India is a true banana republic and the legal system will only work for the cheaters.

Vaibhav Dhoka

1 year ago

The failure of recovery is due to multiple agencies which do not co ordinate and have nothing to loose.Our courts are very much eager to grant INJUNCTION which keep the subject in abeyance.

Meenal Mamdani

1 year ago

This delay in rendering justice to the investors is abominable.

SEBI passed its first judgement against PACL in 1999.

This was challenged in Rajasthan HC by PACL at the end of 1999. Rajasthan HC too 5 years to deliver a judgement in favour of PACL in 2004.

SEBI appealed against this verdict in Supreme Court which gave a judgement in favor of SEBI after a gap of 10 years in 2014. PACL challenged this judgement before the SAT and mercifully SAT ruled against PACL in an unbelievably prompt manner, less than 1 year.

Now the investors are protesting before SEBI. Instead, they should be protesting before the Supreme Court for the unconscionable delay of 10 years to arrive at a judgement.

It looks like PACL counted on this delay by the SC, so that it could continue to use the investor funds for 10 years, as the other entities look positively prompt in comparison. SC may be the final court of appeal but if it cannot deliver judgement in a timely manner, should it even accept the case?

In USA, the SC accepts a fraction of the cases that come before it, depending on the implications of the case on the wider financial system. The rest are sent back to the lower body whose ruling stands.
Since this would take the case back to Rajasthan HC whose judgement the SEBI disagreed with, why could this case not go to SAT directly, short circuiting the inordinately long wait?

PACL comes out a winner in this case even if the final judgement has gone against it as it has had the use of investor funds for 16 years.

Is this justice?

REPLY

Binod Sarma

In Reply to Meenal Mamdani 1 year ago

Well said Meenal Mamdani .... True, people should go & have dharnas outside the supreme court for such inordinate delay .... Companies like PACL are using judiciary lacuna to delay proceedings & judgement.

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