Day: April 13, 2014

  • Indian Oil Company Balance Sheet, Where Is The Loss

     

    Petrol and Diesel Prices keep on going  up on a regular basis, citing  the rise in International Crude prices.

     

    For a common man like me, who does not know the intricacies book fudging,the figures of Indian Oil Company Limited tell me they are not incurring Loss.

     

    Would like to remain corrected.

     

     

    The Balance Sheet of IOC 2011
    IOC Balance Sheet 2011

     

    Balance Sheet 2013.

     

    Balance Sheet of Indian Oil Corporation

    ——————- in Rs. Cr. ——————-
    Mar ’12 Mar ’11 Mar ’10 Mar ’09 Mar ’08
    12 mths 12 mths 12 mths 12 mths 12 mths
    Sources Of Funds
    Total Share Capital 2,427.95 2,427.95 2,427.95 1,192.37 1,192.37
    Equity Share Capital 2,427.95 2,427.95 2,427.95 1,192.37 1,192.37
    Share Application Money 0.00 0.00 0.00 21.60 0.00
    Preference Share Capital 0.00 0.00 0.00 0.00 0.00
    Reserves 55,448.75 52,904.37 48,124.88 42,789.29 39,893.88
    Revaluation Reserves 0.00 0.00 0.00 0.00 0.00
    Networth 57,876.70 55,332.32 50,552.83 44,003.26 41,086.25
    Secured Loans 13,045.97 20,379.65 18,292.45 17,565.13 6,415.78
    Unsecured Loans 57,277.96 32,354.22 26,273.80 27,406.93 29,107.39
    Total Debt 70,323.93 52,733.87 44,566.25 44,972.06 35,523.17
    Total Liabilities 128,200.63 108,066.19 95,119.08 88,975.32 76,609.42
    Mar ’12 Mar ’11 Mar ’10 Mar ’09 Mar ’08
    12 mths 12 mths 12 mths 12 mths 12 mths
    Application Of Funds
    Gross Block 99,455.46 92,696.69 71,780.60 62,104.64 56,731.50
    Less: Accum. Depreciation 39,336.13 34,509.29 30,199.53 27,326.19 23,959.68
    Net Block 60,119.33 58,187.40 41,581.07 34,778.45 32,771.82
    Capital Work in Progress 13,434.77 12,620.44 21,268.63 18,186.05 9,170.22
    Investments 18,678.46 19,544.76 22,370.25 32,232.13 21,535.78
    Inventories 56,829.20 49,284.52 36,404.08 25,149.60 30,941.48
    Sundry Debtors 15,502.87 8,869.65 5,799.28 5,937.86 6,819.23
    Cash and Bank Balance 307.01 643.92 916.56 796.56 815.05
    Total Current Assets 72,639.08 58,798.09 43,119.92 31,884.02 38,575.76
    Loans and Advances 44,988.11 25,454.49 17,453.01 13,348.99 14,920.93
    Fixed Deposits 0.00 650.50 398.55 1.46 9.38
    Total CA, Loans & Advances 117,627.19 84,903.08 60,971.48 45,234.47 53,506.07
    Deffered Credit 0.00 0.00 0.00 0.00 0.00
    Current Liabilities 66,510.58 60,441.18 40,818.96 38,890.28 39,326.07
    Provisions 15,148.54 6,763.46 10,271.56 2,603.46 1,172.99
    Total CL & Provisions 81,659.12 67,204.64 51,090.52 41,493.74 40,499.06
    Net Current Assets 35,968.07 17,698.44 9,880.96 3,740.73 13,007.01
    Miscellaneous Expenses 0.00 15.15 18.17 37.96 124.59
    Total Assets 128,200.63 108,066.19 95,119.08 88,975.32 76,609.42
    Contingent Liabilities 28,085.59 31,505.33 25,715.07 26,317.31 25,574.96
    Book Value (Rs) 238.38 227.90 208.21 368.86 344.58
    Source : Dion Global Solutions Limited

     

    Profit and Loss Account.

     

    I am unable to form this here in the format it is provided.

     

    Visit the Link.

    IOCL P&L Account.

     

    IOCL Balance Sheet.

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  • Digvijay Singh, Zakir Naik Al Qaeda Link

     

    I have posted an article ‘Rahul Vinci (not Gandhi) Profile.

     

    I received some Links from my reader Mr.Anil Gupta, whose sources are generally authentic.

     

    quote of Zakir Naik on Hinduism
    Zakir Naik on Lord Ganesha

     

    In one Link I found references made to Sonia Gandhi being linked to Zakir Naik, the Islamic preacher and a promoter of Al Qaeda ideology.

     

    Further Links and videos were not found, YouTube video removed.

     

    I am posting the information as I found on this  subject.

     

    I am not able to find confirmation about Sonia’s Link with Zakir Naik.

     

    Readers may send in their comments to prove or disprove that Sonia is linked with Zakir Naik.

     

    What is established is that Dgivijay Singh,Congress Party’s general Secretary appeared in Zakir Naik’s TV Channel.

     

    The YouTube Video Is deleted.

     

     

    Sonia Links with Zakir Naik who runs Islamic peace Foundation & PeaceTv ( Illegally running in India) & Links with Indian Mujhadeen—-
    http://www.expressindia.com/latest-news/Stern-signal-on-broadcast-of-sensitive-channels/797070/
    http://beta.thehindu.com/opinion/op-ed/article402892.ece
    http://www.time.com/time/nation/article/0,8599,1927126,00.html

     

    Congress General Secereatry Digvijay Singh in Peace Tv function——
    http://www.youtube.com/watch?v=CZDtJ80iTRA

     

     

    Instead, they found pro-Taliban videos and speeches by Zakir Naik — a popular but controversial Mumbai-based televangelist who has, among other things, defends Al-Qaeda chief Osama bin-Laden.

    “If he is fighting the enemies of Islam”, Naik said in one speech, “I am for him. If he is terrorising America the terrorist—the biggest terrorist — I am with him.” “Every Muslim” Naik concluded, “should be a terrorist. The thing is, if he is terrorising a terrorist, he is following Islam”. Naik has never been found to be involved in violence, but his words have fired the imagination of a diverse jihadists — among them, Glasgow suicide-bomber Kafeel Ahmed, 2006 Mumbai train-bombing accused Feroze Deshmukh, and New York taxi driver Najibullah Zazi, who faces trial for planning to attack the city’s Grand Central Railway Station.

    Language like this spoke to concerns of the young people who were drawn to separate jihadist cells that began to spring up across India after the 2002 violence, mirroring the growth of the Indian Mujahideen. SIMI leader Safdar Nagori set up a group that included the Bangalore information-technology professionals Peedical Abdul Shibli and Yahya Kamakutty; in Kerala Tadiyantavide Nasir, Abdul Sattar, and Abdul Jabbar set up a separate organisation that is alleged to have bombed Bangalore in 2008″

    Recently, Sonia Gandhi’s Congress party’s General Secretary, Digvijaya Singh, was on Peace TV, run by Dr. Zakir Naik. Addressing a large gathering of Muslims, Digvijaya Singh gave us a glimpse of how India’s ruling party Congress views Zakir Naik, thanks to their practiced version of “secularism”

    Transcript.

    Now read on
     
    # Main “Huzoor” Doctor Zakir Naik sahib ka bahut aabhari hoon.

    # Mujhe is baat ki khushi hain, ki wey Shanti ka sandesh poore vishwa mein phehla rahe hain. Shanti se hi pragati hoti hain.

    # Please go abroad, but I also request you to travel into those parts of India where 1000 years of Hindu Muslim coexistence is being breached and you be the bridge to join them.

    # Dr. Zakir sahib ne toh saare Dharm ke kitab padh chuke hain.

    # Mujhe mere Guru, mata aur pita ne kahin nahin sikhaya ki koi dharam kharab hota hain.

    # Insaan accha yaa bura hota hain, magar dharam kabhi bura nahi  hota.

    # Aapka yeh shanti ka sandesh, is poore mulk mein pahunchna chahiye. Is mulk mein pahunch kar kone kone tak jaana chahiye

    # Kuch log aise hain, jo Islam ko galat tareeke se pesh karte hain.

    For more check the Link.

    Nehru Family.

    On Zakir Naik.

    Digvijaya Singh on Zakr Naik Show

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  • Jesus Married Mary Papyrus Authenticated

    I was intrigued when I read the Book The Da Vinci Code by Dan Brown where he mentions that Jesus Christ was married to Mary Magdalene , they had a

    child and the heir to Jesus , a girl, was living in France.

     

    Papyrus sys Jesus was married and it is auhentic
    An ancient papyrus, pictured, suggesting Jesus married Mary Magdalene, is genuine

     

    And that Jesus appointed Mary to carry on with his Ministry.

     

    I cheeked the facts and Dan Brown was correct.

     

    I have posted articles on this.

     

     

    Before proceeding further in this story we need to remember that The Bible was compiled some 300 years after the death of  Jesus Christ by Constantine in a conclave of cardinals in an effort to retain his Roman Empire.

     

    Over 300 legends about Jesus were collected and the conclave chose those that met with the approval of Constantine.

     

    This is the Bible.

     

    Recent emergence of a text indicated that Jesus was married to Mary Magdalene.

     

    The document was called a modern Forgery.

     

    Now by carbon dating the document indicating that Jesus was married to marry Magdalene is  not a forgery and is genuine.

     

    Story:

     

    The studies, published Thursday in the Harvard Theological Review, represent the latest chapter in the years-long saga surrounding what Harvard theologian Karen King has dubbed the Gospel of Jesus’ Wife. King brought the text into the global spotlight in September 2012, at a symposium in Rome, but the publication of her analysis was held up for more than a year when questions were raised about the text’s authenticity.

     

    …The fragmentary text, written in an Egyptian Coptic language, is controversial not only because Jesus appears to refer to his wife, but also because it discusses the worthiness of a woman named Mary for what might have been a leadership role. Here are a couple of other intriguing phrases: “she will be able to be my disciple” … “I am with her,” as in “I dwell with her.”…..

     

    The papyrus fragment was purportedly acquired by an East German collector in the 1960s, sold to its current owner in 1999, and made available to King for study in 2011. The owner has remained anonymous, adding to the mystery surrounding the scrap’s origins.

    Skeptics, including Vatican officials, insisted that the text was a modern-day forgery because the phrases were ungrammatical and appeared to be inexpertly cribbed from other apocryphal scriptures in circulation.

    To settle the argument, researchers subjected the business-card-sized scrap of papyrus to radiocarbon tests and micro-Raman spectroscopy. One of the carbon-dating tests indicated that the papyrus went back somewhere between the year 659 and 869, with the most likely date around 741. Other tests showed that the chemical makeup of the ink was consistent with inks that were used between the first and the eighth century.

    Citation. NBC News.

    Jesus was Married.

     

     

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  • Rahul Vinci (Not Gandhi) Profile

    There is a lot of information on Rahul Gandhi, like his mother Sonia Gandhi.

     

    The name in the Degree reads as Rahul Vinci.

     

    Picture showing Rahul Gandhi's qualificaton
    Rahul Gandhi qualification,12th Class

     

    What’s your name?

     

    For Indians,to say the least,  it is discomforting  if  Rahul Gandhi were to become the Prime Minister.

    Tha is ,ifthe follwing information is available to them.

    Which is not, as all the information about Nehru\Indira Gandhi.

     

    It may be that the information doing the rounds is politically motivated and incorrect and may be forgeries.

     

    Rahul Gandhi's Degree states he failed the exams
    Rahul Gandhi’s Cambridge Certificate.
    Note The name and Grades

     

    But is it not the duty of the people who are being written about,to come out with their version and nail the untruth?

     

    Nothing has come out from Sonia and Rahul Gandhi on these lines.

     

    In my view, those who protest too much are guilty.

     

    Also those who remain silent .

     

    It means either a supreme attitude of arrogance or they are guilty as charged.

     

    You decide.

     

    Rahul Gandhi and his girl friend.

     

    Nobody can complain about some one having a girl friend.but when you are a Public figure, you need to be open and be one of character.

     

    You can not afford to have illegal relationships and talk about morality as Karunanidhi does.

     

    You set a bad example for the Country.

     

    As to Education, one need not be highly educated.

     

    Kamaraj was not educated and he did not say he was holding a M.Phil in Economic Development from Trinity College.

     

    The tendency to lie on basic parameters like education, marital status speaks volumes about one’s character.

     

    It transpires that Rahul Gandhi and his girl friend Juanita  Veonique were staying together in Kumarakom, Kerala .

     

    John M. Itty, a retired college professor in Alapuzha district, has contended that action should be taken against Gandhi and his girlfriend Juvenitta – who spent three days in the backwaters of Kumarakom – under the law because they stayed together even though they were not married.

    Itty had made his contention in a written complaint to the Kottayam Superintendent of Police S. Gopinath.

    Gopinath said his office received the complaint Monday but no action was taken on it.

    “I did not see Itty. All I received was a complaint that both Rahul Gandhi and his girlfriend should be charged under the law. Maybe he is trying to get some cheap publicity and that is why he resorted to raise such a complaint. I did not take any action because there was no offence,” Gopinath told IANS.

    The professor’s son Shinoy John, a management student, said he knew his father had filed a complaint but did not know the details. “Right now my father is out of station,” he said.

    Gandhi and his girlfriend had spent three days at the Kumarakom Lake Resort with sister Priyanka, brother-in-law Robert Vadra and their children joining them. They left Kochi for Lakshadweep Islands Tuesday.

     

    A retired professor in Kerala filed a complaint on this

     

    And Rahul Gandhi failed in Hindi examination in school and dropped out of college thrice.

     

    If Mr. Vinci has indeed graduated from Trinity College with MPhil in Development Studies or Economics. Good for him.

     

    But if he hasn’t, which may be a higher possibility as he failed in the subject of National Economic planning & policy as per the certificate, its fine too, as long as he doesn’t intentionally lie about it to mislead people.

     

     

    Business.

     

    Rahul Gandhi owns 83% in a little known Mumbai-based engineering company, Backops Services.

    However, even though the affidavit filed by Gandhi with his nomination papers for the Amethi Lok Sabha seat reads that he owns 83 per cent stake in ‘Backops Services’, the fourth floor office of the firm at Puran Nivas on Arthur Bunder Road, Colaba, displays the name ‘Backops Engineering’.

    The company has an official website — back-ops.com, which contains the bare minimum information about the company’s job and lists a mobile number, 35452225, to contact the company. The phone was switched off on Thursday.

    Housed near the Taj Mahal Hotel, adjacent to the Radio Club, the Mumbai office of Backops employs about 10 people. Nobody knows who the ‘boss’ is here.

    When Business Standard visited the building in the evening, the office was locked and no employee was seen. The 50-year-old building also houses a foreign exchange dealer, a firm of architects, an export house and a dental clinic.

    Employees of some of these companies, under condition of anonymity, said they have often seen Gandhi here. “He was seen last about six months back. Normally he comes here every three to four months. Milind Deora (son of Murli Deora and a Congress MP) also comes here accompanying him,” one of them said.

    He accused Mr. Digvijay Singh of treating the Prime Minister as “some kind of regent in the Maino dynasty, waiting for Rahul to grow up.”

    Dr. Swamy, however, argued that there was a legal bar on Mr. Gandhi becoming the Prime Minister “arising from Italian law which made him a citizen upon birth.

    He has never renounced this inherited citizenship and that he has travelled on Italian passport all over Europe on an alias.”

    Dr. Swamy said Mr. Gandhi should “learn from the experience of his mother whose attempt to become the Prime Minister in 2004 was aborted when the then President of India Abdul Kalam wrote a letter (which is still to be published) which was read by two witnesses present when Ms. Sonia Gandhi received that letter, namely Natwar Singh and Manmohan Singh.

    It should now be perfectly clear to Ms. Sonia Gandhi as well as her two children that there is no legal way by which any of them can ever become the Prime Minister of India.”

    Citations.

    Rahul Gandhi legally barred

    Rahul Gandhi’s Mumbai Firm

    Rahul Gandhi with Girl Friend in Kerala.

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