Youth world

Yuvraj shines as India crushes Aussies..

2011-03-25T12:44:00.000-07:00

After almost two decades the aussies are out of world cup before the semis. India took revenge from Australia of the defeat which they suffered in the final of the world cup 2003. Earlier australia won the toss and Ricky ponting choose batting first on the dusty peach of Montera scorein a reasonable target of 270. India had a good start but as Sehwag went back the scoring rate was came down. But as they say big players perform in big matches, Tendulkar showed his class and scored a half century. After him the Gambhir and Kohli made a partnership of 123 runs ,Gmbhir too scored half century but in the end it was again Yuvraj Singh who along with Suresh Raina took India to a famous win ensuring that this World cup will will have a new world champion. Now in the semis India face their arch rival Pakistan, so get ready for more action.

Life insurance, general insurance & and reinsurance

2011-03-25T12:23:00.001-07:00

Explain in detail life insurance, general insurance & and reinsurance.

Ans: Life insurance is a contract between the policy owner and the insurer, where the insurer agrees to pay a designated beneficiary a sum of money upon the occurrence of the insured individual's or individuals' death or other event, such as terminal illness or critical illness. In return, the policy owner agrees to pay a stipulated amount (at regular intervals or in lump sums.

History of life insurance: Insurance began as a way of reducing the risk of traders, as early as 2000 BC in China and 1750 BC in Babylon. The first insurance company in the United States was formed in Charleston, South Carolina in 1732, but it provided only fire insurance.

Over its existence of around 50 years, Life Insurance Corporation of India, which commanded a monopoly of soliciting and selling life insurance in India, created huge surpluses, and contributed around 7 % of India's GDP in 2006.The Corporation, which started its business with around 300 offices, 5.6 million policies and a corpus of INR 459 million. According to The Brand Trust Report 2011, LIC is the 8th most trusted brand of India.

General insurance: General insurance or non-life insurance policies, including automobile and homeowners policies, provide payments depending on the loss from a particular financial event. General insurance typically comprises any insurance that is not determined to be life insurance. It is called property and casualty insurance in the U.S. and Non-Life Insurance in Continental Europe.

India general insurance was nationalized with the General Insurance Business (Nationalization) Act of 1972. By this process of nationalization, the government of India took charge of about 55 insurance companies in the country and about 52 insurers who were in the general insurance business. The General Insurance Corporation of India saw its inception from Section 9(1) of GIBNA.

With the formation of the General Insurance Corporation (GIC), the government's shares related to general insurance were transferred to it. The merger of the general insurance companies led to the formation of the four subsidiaries under the General Insurance Company of India. They were the National Insurance Company Limited, the New India Assurance Company Limited, the Oriental Insurance Company Limited and the United India Insurance Company Limited.

Reinsurance is insurance that is purchased by an insurance company (insurer) from another insurance company (reinsurer) as a means of risk management, to transfer risk from the insurer to the reinsurer. The reinsurer and the insurer enter into a reinsurance agreement which details the conditions upon which the reinsurer would pay the insurer's losses .

Types:

Facultative Reinsurance In facultative reinsurance, the ceding company cedes and the reinsurer assumes all or part of the risk assumed by a particular specified insurance policy.

Treaty Reinsurance is a method of reinsurance requiring the insurer and the reinsurer to formulate and execute a reinsurance contract.

NIC: National Insurance Company Limited was incorporated in 1906. National Insurance Company Ltd (NIC) is one of the leading public sector insurance companies of India, carrying out non life insurance business. Headquartered in Kolkata, NIC's network of about 1000 offices, manned by more than 16,000 skilled personnel, is spread over the length and breadth of the country covering remote rural areas, townships and metropolitan citiesNational Insurance is the second largest non life insurer in India having a large market presence in Northern and Eastern India.

ICICI Lombard, Bajaj Allianz and Iffco-Tokio, general insurance industry gave a tough fight to the established players in all departments of business to capture 26 per cent of market share

Except Reliance General, the new players gave a tough fight to the established players in all departments of business to capture 26 per cent of market share.

MBA pune university timetable

2011-03-23T04:42:00.000-07:00

DATE	TIME : 11.00 A.M. TO 2.00P.M.	TIME 3.00 P.M. To 6.00 P.M.
	SEMESTER- I	SEMESTER- IIII
Tuesday 19.4.2011	101 : OBPPM	301 : BPSM
Wednesday 20.4.2011	102 : MA	302 : MCS
Thursday 21.4.2011	103 : ME	303 : Elective Paper- I
Saturday 23.4.2011	104 : SQM	304 : Elective Paper- II
Monday 25.4.2011	105 : LAB	305 : Elective Paper- III
Tuesday 26.4.2011	106 : BOM

DATE	TIME : 11.00 A.M. TO 2 ..00 P.M.	TIME 3.00 P.M. To 6.00P.M.
	SEMESTER- II	SEMESTERIV
Wednesday 27.4.2011	201 : MM	401 : Entrepreneurship Development &
Thursday 28.4.2011	202 : FM	402 : International Business Management
Friday 29.4.2011	203 : HRM	403 : Current Trends in Management
Saturday 30.4.2011	204 : MOM	404 : Elective Paper VI
Monday 2.5.2011	205 :MLM	407 : Elective Paper IX
Monday 2.5.2011		405 : Elective V
Tuesday 3.5.2011	206 : MIS	408 : Elective Paper X
Tuesday 3.5.2011		406 : Elective VI

India back on track; Yuvraj scores a ton

2011-03-21T03:23:00.000-07:00

Yuvraj ton helped India to reach a score of 268 batting first. Now India will face Australia in Quarterfinals in Ahmedabad on the other hand West Indies will face Pakistan.

Earlier India batting first had a shaky start when they lost Tendulkar in start. Gambhir tried to give momentum to Indian innings with virat Kohli but he also fell soon on 22. Yuvraj along with Kohli manage to stir the Indian innings and later scored 113 runs until he was caught and bold by Pollard. India managed to score 268 runs and Rampaul took 5 wicket hall. In response West Indies had a good start to their innings but were once again did not manage to grab the wib because of disappointing performance from the middle and lower level batsman managing to score only 188 runs.

Indian innings		R	B
G GAMBHIR	c Russell b Rampaul	22	26
S TENDULKAR	c †Thomas b Rampaul	2	4
V KOHLI	b Rampaul	59	76
Y SINGH	c & b Pollard	113	123
MS DHONI	st †Thomas b Bishoo	22	30
S RAINA	c Rampaul b Sammy	4	8
Y PATHAN	b Rampaul	11	10
H SINGH	c Pollard b Russell	3	6
R ASHWIN	not out	10	7
Z KHAN	b Rampaul	5	3
M PATEL	(b 5, lb 2, w 9)	1	2

Bowling	O	R	W
R Rampaul	10	51	5
SJ Benn	4	32	0
AD Russell	9.1	46	2
DJ Sammy	6	35	1
D Bishoo	10	48	1
KA Pollard	10	49	1

TOTAL= 268

WEST INDIES INNINGS		R	B
DS Smith	b Khan	81	97
KA Edwards	lbw b Ashwin	17	17
DM Bravo	c H Singh b Raina	22	29
RR Sarwan	c Ashwin b Khan	39	68
KA Pollard	c Pathan b H Singh	1	3
DC Thomas	st Dhoni b YSingh	2	8
DJG Sammy	run out (Raina/Patel)	2	4
AD Russell	c Pathan b Y Singh	0	5
SJ Benn	c Patel b Khan	3	12
D Bishoo	not out	6	11
R Rampaul	b Ashwin	1	4

Bowling	O	R	W
R Ashwin	10	41	2
Z Khan	6	26	3
H Singh	9	35	1
YK Pathan	7	28	0
SK Raina	2	12	1
Yuvraj Singh	4	18	2
MM Patel	5	20	0

Sunday treat - today it will be a colourful world cup

2011-03-19T21:23:00.000-07:00

Indeed its gonna be a sunday treat for the people of India. Dhoni will like to give india a huge win and silent his critics who have raised questions on his captainship. After the last match many have said that magic or luck have Dhoni has ended and may be rightly so. Ashish nehra the most talked about person, talked or abused, must be hoping to improve its performance and on the contrary many people would even want that he didn''t get selected for the same. Anyways we would like to see India getiing a crushing win against West Indies.

You can watch India vs West Indies live on starsports from 2pm onwards. Also u can watch live streaming on espnstar.com

ENJOY THE FESTIVAL OF COLOUR. HAPPY HOLI TO ALL.

FUNNY IMAGES

2011-03-19T06:50:00.000-07:00

Click on funny images (above) to view some of the funny pics you never seen.

MATERIAL HANDLING EQUIPMENTS

2011-03-19T05:22:00.000-07:00

Material handling equipment relates to the movement, storage, control and protection of materials, goods and products throughout the process of manufacturing, distribution, consumption and disposal. Material handling equipment is the mechanical equipment involved in the complete system. Material handling equipment is generally separated into four main categories: storage and handling equipment, engineered systems, industrial trucks, and bulk material handling.

Suitable to almost all industrial requirement, a wide variety of material handling equipments are available in the market. Material handling equipments differ from each other in the following aspects:

1. Suitability for the type of material: Some material handling equipment is suitable for bulk load while others are suitable for packaged load or individual pieces.

2. Direction of movement: Some equipments can move materials only in horizontal directions others can move in vertical direction, while there are some which can move materials in horizontal as well as vertical direction.

3. Speed of movement: Some equipments have fixed path, while in others, path can be verified.

4. Path followed: Some equipments have fixed path, while in others, path can be verified.

5. Power required for the operation of the equipments: Material handling equipments can be power driven or manual driven or gravity driven.

6. Supervisions required: some equipments require close supervision while others do not.

Considering the above characteristics, material handling equipment may be grouped as under;

Wheelbarrows, hand trucks and trolleys, etc –

These are generally used in small scale industries w here laborers bring materials, single or in unit loads for the operator and carry away the semi- finished goods/finished goods after the operation. Most commonly used equipments are:

· Wheelbarrow: A wheelbarrow is a kind of vehicle that is built to be pushed around with a load. It is usually used in gardens. Most of the time it has one wheel, but sometimes has two. Wheelbarrows are used to carry heavy stuff which some people cannot carry.

· Hand trucks: It is an L-shaped box-moving handcart with handles at one end, wheels at the base, with a small ledge to set objects on, flat against the floor when the hand-truck is upright.

· Trolleys: They are some of the most common form of transport in warehousing and distribution environments, for moving bulk loads. A very simple design that offer a basic flat platform with four castors and a fixed handle which is used to either push or pull the platform with the load on the platform.

Conveyors:

They are Useful for moving materials from one place to another. They are especially useful in applications involving the transportation of heavy or bulky materials. Conveyor systems allow quick and efficient transportation for a wide variety of materials, which make them very popular in the material handling and packaging industries. Many kinds of conveying systems are available, and are used according to the various needs of different industries.

Industrial trucks:

Industrial trucks are wheelers with a precision to carry and move materials by transportation of vehicle itself. Industrial trucks are used to move materials over variable paths, with no restrictions on the area covered by the movement.

Used to move materials over variable (horizontal) paths with no restrictions on the area covered (i.e., unrestricted area)
Provide vertical movement if the truck has lifting capabilities
Used when there is insufficient (or intermittent) flow volume such that the use of a conveyor cannot be justified
Provide more flexibility in movement than conveyors and cranes
Not licensed to travel on public roads—"commercial trucks" are licensed to travel on public roads.

The major types of industrial trucks are: hand trucks, fork lift trucks, etc.

Cranes:

These are used to move materials over variable paths within a restricted area. General characteristics of cranes:

Used to move loads over variable (horizontal and vertical) paths within a restricted area
Used when there is insufficient (or intermittent) flow volume such that the use of a conveyor cannot be justified
Provide more flexibility in movement than conveyors
Provide less flexibility in movement than industrial trucks
Loads handled are more varied with respect to their shape and weight than those handled by a conveyor
Most cranes utilize hoists for vertical movement, although manipulators can be used if precise positioning of the load is required

Ropeways: are used for overhead transport of materials over greater distance.

Slides and Chutes:

They are employed to transfer jobs under gravity from one location to another. Chutes have either sheet metal or roller base for transferring material down to incline. Chutes generally feed parts to the conveyor.

Tractors:

They are employed to transport material over long distances.

Bibliography:

1. MLM Nirali prakashan Pg. no 8.9

2. Wikipedia

3. http://www.ise.ncsu.edu

4. Google search

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2011-03-18T09:32:00.001-07:00

Schedule of the world cup is given below.

Match	Date	Teams	Venue
1	19 Feb	India vs Bangladesh	Dhaka
2	20 Feb	New Zealand vs Kenya	Chennai
3	20 Feb	Sri Lanka vs Canada	Hambantota
4	21 Feb	Australia vs Zimbabwe	Ahmedabad
5	22 Feb	England vs Netherlands	Nagpur
6	23 Feb	Pakistan vs Kenya	Hambantota
7	24 Feb	South Africa vs West Indies	New Delhi
8	25 Feb	Australia vs New Zealand	Nagpur
9	25 Feb	Bangladesh vs Ireland	Dhaka
10	26 Feb	Sri Lanka vs Pakistan	Colombo
11	27 Feb	India vs England	Bangalore
12	28 Feb	West Indies vs Netherlands	New Delhi
13	28 Feb	Zimbabwe vs Canada	Nagpur
14	1 Mar	Sri Lanka vs Kenya	Colombo
15	2 Mar	England vs Ireland	Bangalore
16	3 Mar	South Africa vs Netherlands	Mohali
17	3 Mar	Pakistan vs Canada	Colombo
18	4 Mar	New Zealand vs Zimbabwe	Ahmedabad
19	4 Mar	Bangladesh vs West Indies	Dhaka
20	5 Mar	Sri Lanka vs Australia	Colombo
21	6 Mar	India vs Ireland	Bangalore
22	6 Mar	England vs South Africa	Chennai
23	7 Mar	Kenya vs Canada	New Delhi
24	8 Mar	Pakistan vs New Zealand	Pallekelle
25	9 Mar	India vs Netherlands	New Delhi
26	10 Mar	Sri Lanka vs Zimbabwe	Pallekelle
27	11 Mar	West Indies vs Ireland	Mohali
28	11 Mar	Bangladesh vs England	Chittagong
29	12 Mar	India vs South Africa	Nagpur
30	13 Mar	New Zealand vs Canada	Mumbai
31	13 Mar	Australia vs Kenya	Bangalore
32	14 Mar	Pakistan vs Zimbabwe	Pallekelle
33	14 Mar	Bangladesh vs Netherlands	Chittagong
34	15 Mar	South Africa vs Ireland	Kolkata
35	16 Mar	Australia vs Canada	Bangalore
36	17 Mar	England vs West Indies	Chennai
37	18 Mar	Sri Lanka vs New Zealand	Mumbai
38	18 Mar	Ireland vs Netherlands	Kolkata
39	19 Mar	Australia vs Pakistan	Colombo
40	19 Mar	Bangladesh vs South Africa	Dhaka
41	20 Mar	Zimbabwe vs Kenya	Kolkata
42	20 Mar	India vs West Indies	Chennai
43	23 Mar	First Quarterfinal	Dhaka
44	24 Mar	Second Quarterfinal	Colombo
45	25 Mar	Third Quarterfinal	Dhaka
46	26 Mar	Fourth Quarterfinal	Ahmedabad
47	29 Mar	First Semifinal	Colombo
48	30 Mar	Second Semifinal	Mohali
49	02 Apr	FINAL	Mumbai