Archive for October, 2007

India on Monday became the 20th nation in the world to have seen its stock market benchmark touch the 20,000-point milestone.

The bellwether index Sensex breached the 20k level in intra-day trade for the first time in its over two-decades history. As many as 32 indices spanning across 19 countries have already crossed this mark.

After crossing the magical figure in late afternoon trade, the Sensex, however, fell to close at 19,977.67.

Here is the The Worst Jobs For The 21st Century List from forbes

1. News Analysts, Reporters and Correspondents:Sagging ad revenue, rising newsprint costs and Internet competition are quickly changing this industry.
2. Economists:Frequent deadline pressure, work alone or in small teams, high level of education required.
3. Announcers:Anyone hardly listen to the radio anymore?shift work, low pay , about a third of all announcers work part time.
4. Travel Agents:The travel industry is highly connected to swings in economic conditions.
5. Jewelers and Precious Stone and Metal Workers:The industry isn’t growing, largely due to the influx of mass-produced jewelry in recent years.
6. Farmers and Ranchers:Farming and ranching jobs are expected to have the largest numerical decrease.It’s not idyllic. Strenuous work, long hours, hazardous conditions due to use of machinery and dependent on the weather.

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As a result of a strong share price rally on 29 October 2007 Indian Mukesh Ambani became the richest man in the world with a net worth of $63.2 billion(Rs 2,49,108 crore).

His wealth was US$20.1 billion as of March 2007 (Forbes) and his wealth was valued at US$ 55.3 billion in October 2007 taking into account his holding in Reliance Industries and group companies(made him as the richest Indian and the 3rd richest man in the world). But as a result of a strong share price rally on 29 October 2007 Mukesh Ambani become world’s richest man !!!

5 richest people in the world with their net worth

1. Mukesh Ambani ($63.2 billion)
2. Carlos Slim Helu ($62.2993 billion)
3. Bill Gates ($62.29 billion)
4. Warren Buffett ($55.9 billion)
5. Lakshmi Mittal ($50.9 billion)

Ambani’s wealth of about Rs 2,49,108 crore($63.2 billion) on 29 October 2007

Rs 2,10,000 crore from Reliance Industries (50.98% stake)
Rs 37,500 crore from Reliance Petroleum (37.5% stake)
Rs 2,100 crore from Reliance Industrial Infrastructure Ltd (46.23% stake)

thePicky.com and it’s readers wishes Mukesh Ambani !

1. Apple II - Popular alternative to IBM PCs in 1970’s
2. Pixar - Children’s movies now increasingly rely upon computer animation instead of illustrations
3. iMac - Distinctively simple and colorful design (The “i” prefix grew to become a staple of Apple products and even pop culture.)
4. iPod - Biggest splash in portable music players since the Sony Walkman
5. iTunes - Music through its digital library.
6. iPhone - Sleek new phone from Apple.

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