E-Voting rights

Here is a news item which gives voting rights to minority shareholders.



Shareholders of a company can now cast their vote electronically on company resolutions through an Internet-based e-voting platform. The e-voting platform for corporates was inaugurated by Mr Salman Khurshid, Minister for Corporate Affairs, at a function organised by the Bombay Stock Exchange (BSE) and Central Depository Services Ltd.

"It is a major step forward that would bring more transparency to the system," Mr Khurshid said, adding that he wished the same could happen in the election of political representatives as well.

Dont know how much it can protect minority investors

The e-voting platform has been developed by CDSL Ventures Ltd (CVL), a wholly-owned subsidiary of Central Depository Services Ltd (CDSL).

"The e-voting system will empower shareholders to participate in the decision-making process of companies in which they have invested, thus making their vote count," Mr S.S. Thakur, Chairman of CVL, said.

During the voting period investors can cast their vote by visiting the Web site ( www.evotingindia.com) and log on using their demat account number and permanent account number (PAN) and password.

how will be sending me the password? can that be changed ? Need to look it .

Companies would benefit from this system as the remote voting process would also result in savings on various cost overheads, which are currently incurred for postal ballot.

Thanks
Pradeep Reddy Lekkala

Boom Boom Gold

Whaooo ..just heard a rumor in market that RBI is going to buy gold once more..Reason they know that dollar is going to come down in near future and all there dollar denoted assets are going to come down, so inorder to hedge it they are buying the gold ,so that any increase in gold value should counter with dollar dropping .Question is how much Gold should RBI buy to counter the dollar free fall atleast for near term.

Will explain with facts in coming posts

Go Edserv Go up.................

I guess this is worst desperate post from my side expecting Edserv to go higher.I am happy that its green right now.But the inevitable question is how far can it stay in green ?

Who leaked the liberham report?

I also joined the bandwagaon of questiong (BTW who am i asking this ? ...i guess to myself...since my words are not heard by the govt)...so coming to point. who is responsible for the leakage of this report? how to find this ? dont have any clue right...mee to no as of now

but i can see that NDTV got the report first as they boast it by sharing on their server or is it INDIAN EXpress which claims it has printed the report first in the newspaper, whoever it be,,either of them had reported first as they say..so why can't we book them and ask how gave the report to them ? is it not possible ?

When we know that one report is with liberham and other with home minister. how come a copy went to media? someone in homeministry leaked it right? since justice liberham is sincere i beleiev

now why did they leaked to media is another question which is asking me ? is it ruling party got kicked in a@@ by the entire opposition coming together in attacking UPA on farmers issue
i guess so..to divert the blame on govt on price rise issue govt looks wantedly side track the issue and divide the opposition

congrats to govt



now its too late for me to post it now..will resume it tomorrow Thanks
Pradeep Reddy Lekkala

Link of Liberhan Commission report

Though i don't have much time to read into the contents of the report am attaching the link where in people interested in ATR and commissions report can have a look at it.

http://www.mha.nic.in/uniquepage.asp?Id_Pk=571