Tarzan Soundtrack - You'll be in my heart by Phil Collins: One amazing I love hearing again and again

The Lyrics:

Come stop your crying

It will be all right

Just take my hand

Hold it tight

I will protect you

from all around you

I will be here

Don't you cry

For one so small,

you seem so strong

My arms will hold you,

keep you safe and warm

This bond between us

can't be broken

I will be here

Don't you cry

'Cause you'll be in my heart

Yes, you'll be in my heart

From this day on

Now and forever more

You'll be in my heart

No matter what they say

You'll be here

In my heart

Always

Why can't they understand the way we feel 

They just don't trust what they can't explain 

I know we're different, but deep inside us 

We're not that different at all 

And you'll be in my heart 

Yes you'll be in my heart 

From this day on 

Now and forever more 

Don't listen to them 

'Cause what do they know 

We need each other, to have, to hold 

They'll see in time, I know 

When destiny calls you, you must be strong 

I may not be with you 

But you got to hold on 

They'll see in time, I know 

We'll show them together 

'Cause you'll be in my heart 

Yes you'll be in my heart 

From this day on 

Now and forever more 

Yes you'll be in my heart 

No matter what they say 

You'll be in my heart 

Always and always 

Just look over your shoulder 

Just look over your shoulder 

Just look over your shoulder 

I'll be there 

Always

Source: Youtube.com

Artist Credit: Phil Collins

Album Track: Tarzan Soundtrack - You'll be in my heart by Phil Collins 

Six members of Satyam top brass involved?

Investigations into India's biggest corporate fraud have revealed more dirt. Sources have told NDTV that at least six members of Satyam's top management may have been involved in the scam and that former chief of Satyam B Ramaliga Raju may have been siphoning off money since 2003.

The sources also revealed that B Ramaliga Raju, may have faked over 6,000 salary accounts to divert salary into false accounts.

Raju may have flouted KYC norms in opening the accounts, they said. STPI certificates obtained by NDTV show Satyam's transactions.

The sources said that Raju may have pledged fixed deposits to go into fictitious accounts, adding that Raju's deposits with foreign banks were maturing in third quarter of  09.

Even as investigations in the Satyam saga continue, efforts may be on to sell it either as a whole or in pieces.

Is Satyam up for sale and if it is, who are the buyers? These two questions can change the fate of more than 50, 000 employees of Satyam.

As the Satyam saga unfolds, the mystery over Satyam's buyers is also unfolding. NDTV has learnt that Tech Mahindra is still interested in a merger option with Satyam. In fact, the company is keen on a deal at the earliest. Besides, it s also willing to do its independent due diligence of Satyam. However, Tech Mahindra is not willing to take on non-business related liability of Satyam.

The new board members also agree that they have offers from various suitors.

But many suitors might be interested in buying parts of Satyam rather than the whole company. Satyam gets almost 40 per cent of its business through SAP and suitors may be interested in getting that business. Moreover, even the BFSI business will be a target for many buyers. Essar has already evinced interest in Satyam's BPO business.

However, most eyes are on companies like Larsen & Tourbo (L&T), which through Satyam may be looking to give their infotech business the required scale.

L&T already has a 4 per cent stake in the company and its top officials have already made the rounds of the corporate affairs ministry, further fuelling reports of its interest.

But, the big concern, which will have a direct impact on Satyam's valuation, will be its liabilities and how much of it will have to be borne by its new owners.

Source: http://www.ndtv.com 

The bad times: Issue 01 Citi Group

Citigroup said on Friday it is splitting up into two businesses as it reported a fourth-quarter net loss of $8.29 billion — its fifth straight quarterly loss.

In Citigroup's reorganization, one business, Citicorp, will focus on traditional banking, while the other, Citi Holdings, will hold the company's riskier assets.

The move will allow Citigroup to sell or spin off the Citi Holdings assets to raise cash. It also reveals the company's growing focus on back-to-basics lending and deposit gathering and dismantles the "financial supermarket" created a decade ago.

Some investors have been calling for a breakup of Citigroup for years, as the bank struggled to keep up with its Wall Street peers. Those calls grew louder as the mortgage crisis caused the company's troubles to mount.

There has been harsh blame for Citigroup's woes directed at the board, too — and the company said Friday it plans to get rid of more board members after the recent departure of long-time director and former Treasury Secretary Robert Rubin.

"There has been one announced departure from the board. Together with other anticipated departures, this gives us the opportunity to reconstitute the board and we will do so as quickly as possible," said Richard Parsons, Citi's lead director, in a statement.

The New York-based bank's fourth-quarter loss amounted to $1.72 per share. Analysts expected a loss of $1.31 per share. While the per-share loss was higher than the consensus estimate, the total loss was smaller than the $10 billion many investors feared. For the year-ago fourth quarter, Citigroup had a net loss of $9.83 billion, or $1.99 per share.

For the latest quarter, Citigroup marked down $7.8 billion in securities and banking revenue, and $5.3 billion on the value of credit derivatives. It also lost $2.5 billion in private equity and equity investments, $2 billion in restructuring costs, and $6 billion to add to reserves.

The company's new structure is a reversal back to 1998, when John Reed's Citicorp merged in 1998 with Sandy Weill's financial services conglomerate Travelers Group.

The new Citicorp will include the retail bank; the corporate and investment bank; the private bank, which serves wealthy individuals; and global transaction services.

Citi Holdings will include Citi's asset management and consumer finance segments, including CitiMortgage and CitiFinancial. It will also be in charge of Citi's 49 percent stake in the joint brokerage with Morgan Stanley, and the pool of about $300 billion in mortgages and other risky assets that the U.S. government agreed to backstop late last year.

Citigroup said it entered a definitive agreement on that deal with the government on Thursday. The government has already lent the bank $45 billion.

Source: http://www.ndtv.com 

Chronicles of me:

It’s just that few survive. The ones who stand out from the crowd. The ones who follow their hearts. The ones who laugh it over the coffee about the facts and figures distorted by few for their interests (what ever!)! Well some stands through and some fall apart. What gives one that strength is what he/she feels about the whole they have been through. Life never takes away options. It’s us who give it up. So get up, stand up and fight for yourself.

Left Post:

Met the coach pappu da, told me to change the stance and oh yes we did beat Capgemini the first win of the season, 3 wickets in two over’s and for a change did not bat :) All on b'day..:)