Maverick

My Blog is featured on the homepage of BloginSpace.com on November 4, 2005 and has crowned the blog with the  title of "Most Likely To Be Contacted". They have also added a screenshot and a link to the site. 
Thanks to Bloginspace.

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How will you feel, if your original investment yields you 450% returns in six years?
Well, The Warburg Pincus-One of the World’s Largest Investment firm has got its investment a return of cool 450%. The Warburg Pincus has invested in Bharti Televentures (Airtel) India, $292 million in return for 19% stake from 1999-2001. Then Bharti went IPO in 2002 which reduced th’r stake to 15% .Check how they made th’r returns as pointed by Arun Natarajan by exiting the venture from 2004-2005.

August 2004: Warburg sells a 3.35% stake for about $208 million.
March 2005: Warburg sells another 6% stake for $560 million, marking the largest ever equity deal in a single scrip on an Indian stock exchange.
October 2005: Warburg sells its final 5.65% stake to UK-based Vodafone for $847.5 million.

$292 million in six years have grown to $1.616 Billion – a cool 450% return on the original investment. How they did that? As th’r philosophy states they had invested in Management and has reaped the benefits.

Diwali@Deepavali which is celebrated in all Hindu Households is approaching on Nov 1st this year. It’s one of the festivals widely celebrated across India in different forms though.
I do have Nice Nostalgic memories of Diwali..
~ Wake up early to blast the crackers infact will be the first in the street, mostly will start of the day with a 10000 wala.
~ Then Amma will make me have oil and shika bath.
~ Father will do Pooja and then give us the new dresses and its happy time for us as he gives lot of money on tht day when we touches his feet to get his blessings, but mostly it will be fresh currency notes.
~ Then We will be calling up friends and relatives wishing Happy Diwali.
~ If that year a New Rajini kanth movie releases up friends will some how get the ticket for the evening shows, and we will be there.

I knew its fun time for all the newly weds,brides will be invited to the’r parents house along with the’r husbands and will be poured with gifts. Even I need lot of gifts, donno whether I will get nextyear atlst