Archive for the 'PATENT RIGHTS' Category
Tuesday, May 1st, 2007
| Anil Ambani CHAIRMAN Reliance Communications Ltd., India’s second-largest mobile services firm on way to be Global number one , said on Monday quarterly profit more than doubled, beating forecasts, on higher usage in the world’s fastest-growing mobile market.
Reliance Com , which gets more than 65 percent of its revenue from wireless subscribers, said it plans to spend over 100 billion rupees ($2.4 billion) in the current fiscal year that began on April 1 to expand its telecoms infrastructure.
The firm, which had more than 28 million users at end-March, said net profit for the quarter grew 154 percent to 10.24 billion rupees, beating a Reuters survey of nine brokerages which forecast on average 9.02 billion.
The company said it would take a decision in the next six months on “unlocking value” in its Reliance Telecom Infrastructure unit, and a potential listing of undersea cable unit Flag Telecom.
“We have a number of options in front of us. Listing is one of those options,” Chairman Anil Ambani told reporters at a news conference.
Strategic partnerships or private equity investment in these two units were also being considered, Ambani said.
He added the firm would aim to sustain its expansion in operating margins, which grew to 40 percent in 2006/07 from 24 percent a year earlier.
“We have seen margin expansion across the board … Our objective is for sustainability.”
Revenue for the quarter rose almost 33 percent to 39.37 billion rupees, but fell short of market estimates of 40.86 billion.
Larger rival Bharti Airtel Ltd. last week reported its quarterly profit almost doubled to 13.53 billion rupees.
Ambani said the company would also decide in the next two months on outsourcing its network and information technology services to enhance the quality of service.
“We are at a negotiating stage with all the global dealers,” he said, adding that the deal value would be “hundreds of millions of dollars.”
India has 12 telecoms firms which offer fixed-line and mobile services on GSM and CDMA platforms. In February, Vodafone bought a controlling stake in unlisted Hutchison Essar, India’s fourth-largest cellular operator.
“I don’t see Hutch going away and Vodafone coming in its shoes should not really make a very big impact on the telecoms sector,” Ambani said, when asked about how the company would tackle competition from Vodafone.
Shares in Reliance Communications rose 3.7 percent to 477.10 rupees in a Mumbai market that closed 0.26 percent down.
The shares fell 10.9 percent in the January-March quarter, pressured in part by a failed bid for Huchison Essar, compared with a 5.2 percent drop in the benchmark index.
Source Reuters
Universal News
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Tiger WE love you and ask of you tokeep roaring loudly for BHARAT
Prince Mohan
http;//currentnewsaffairs.com
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Posted in CURRENT NEWS, FORTUNES, POWER POLITICS, INTERNET, ONLINE, MONEY, WEALTH, SUCCESS, WORLD AFFAIRS, INTERNATIONAL NEWS, INDIA, PATENT RIGHTS, SCIENCE, SCIENTISTS, PHILOSOPHY, EDUCATION, PETROL | No Comments »
Thursday, March 8th, 2007
| The E`sob’story |
| March, 08th 2007 |
| The incongruity of the tax basis arises largely from the fact that, unlike in any other country, India now seeks to tax the employer for a benefit/income which accrues to the employee, most of it without the employer having granted it or having any control over it. |
The recent proposal in the Budget for levying Fringe Benefit Tax (FBT) on employers Employees Stock Option Plans (ESOPs) is a complete reversal of the policy on the issue in place over the last 5-6 years.
The current scheme exempts employees from taxation if they sell the scrips got in an ESOP plan within one year from exercise. The proposed amendment throws up issues of technical interpretations and the tax impact for the employer. Some of these may become clearer once the rules prescribing the Fair Market Value (FMV) for the purpose of valuing fringe benefits are notified. But till such time employers are saddled with a problem they never bargained for and will have to work out solutions to mitigate the unexpected problems.
This article aims to briefly list out the harshness or multiple-wammy created by the introduction of this new provision. It also looks at the reasons which seem to be prompting the Finance Minister to introduce such changes and suggest some alternatives which may lead to a more rational way of taxation, should the Finance Minister wish to take away the concessional tax treatment granted to ESOPs.
Key concerns
The key concerns from the employer’s perspective are:
To start with, the employer suffers a hit to its Profit and Loss Account of the notional benefits to the employee at the time of the grant of the ESOP, equal to the discount in relation to the prevailing market value.
While the P&L takes a hit, there is a question mark on the deductibility of such “expense” for the purposes of computing employer’s taxable income.
On top of that, the employer is required to pay the FBT not only on the discount at the time of the grant but also in the appreciation of the value of shares in future (over which the employer has no control).
To compound matters, such FBT paid by the employer is not tax-deductible and effectively equal to much higher post-tax expenditure.
Further, as a lot of these employees who receive ESOPs may be mobile and render services in different tax jurisdictions between the grant and exercise of the stock option, they may end up having tax obligation abroad on some part of the benefits arising out of the ESOPs. While they may not themselves suffer double taxation, there would be an economic double taxation on account of the FBT paid by the employer not being creditable against the tax paid by the employee abroad.
Lastly, foreign companies having presence in India by way of a branch/Permanent Establishment/ presence of employees may also end up having additional burden of tax by way of FBT on ESOPs, thereby substantially raising their effective tax in India.
Interpretational issues
Apart from the above, quite a few interpretational issues are being debated in industrial/professi onal circles, andinclude:
Will the FBT for employer be 33.99 per cent or a lower rate, based on valuation rules to be prescribed?
What is the cost basis for employee for the purposes of determining capital gains when the options are sold at a later date?
In fact, some quarters are also debating whether the proposed amendments will take away the obligation of the employees for payment of taxes on the stock option.
Can the employer contractually/ tax-efficiently recover the FBT from the employee?
Leaving aside the interpretation issues for the moment, it is suggested that, at a conceptual level, if the benefits of stock options are to be taxable, the levy must fall on the person deriving the benefit. Even where the benefit is sought to be taxed in the hands of the giver, it should be limited to the extent of the benefit granted and not beyond that. Such a scheme of taxation should also provide for matching deduction and credits so that economic double/multiple taxation is avoided. Unless such equity is bought about in the taxation, the concept of stock option may have a premature demise.
Suggested changes
In the light of the above, conceptually, the following changes should be considered by the Government in the scheme of stock option taxation:
The FBT on the employer, if at all, should be limited to the discount to the market value on the date of the grant, as is required to be debited in the books of accounts under the accounting standards/guideline s applicable.
Correspondingly, such expenditure should be clearly allowable as a deduction against the taxable income of the employer.
Any forfeiture of such options resulting in disentitlement for the employee and reversal of such benefits should culminate in a corresponding deduction in the FBT obligations in future.
The benefit to the employee in the appreciation of the share price over the exercise price may, if at all, be taxed in the hands of the employee at the time of the exercise. However, ideally, as the employee does not realise any gain at that stage, there should be no taxation then, but only post ultimate sale of shares. When such profit, which is in the nature of capital gains, accrues, it should be treated just like capital gains on shares, as applicable to any other investor.
Given the importance of stock options to the growing economy of India, which is competing to reward its human resource, the industry should make a strong representation to the Finance Minister to withdraw the proposed amendments or to introduce a grand-father clause which seeks to apply the changes in law only prospectively.
Nikhil Bhatia
(The author is Partner, BSR & Co, Mumbai.)
Observations
Nikhil Bhatia has rightly said
Given the importance of stock options to the growing economy of India, which is competing to reward its human resource, the industry should make a strong representation to the Finance Minister to withdraw the proposed amendments or to introduce a grand-father clause which seeks to apply the changes in law only prospectively.
Industry must protect the interests of the new generastion as the ESOPs are by and large given in the high tech areas of business . I f these are not protected there is a possibilty of more talent migrating from India to those countries where such taxes are not imposed .
The August body of Parliament must DISAAPROVE this proposal of the Honourable FM to allow the wealth creation by those who help companies create intellectual and physical properties which are the present and future wealth of our nation .
EVERYONE must read INDIA DEBATES-WHY SHOULD INDIA NOT GET THE PATENT OF “ARYABHATS” “ZERO at
http://blogs.mindbodynsoul.com/wp-admin/edit.php?paged=4
If you can’t support the R & D at least donot disturb whatever is going on .
Be Blessed
Her Holiness Maha Maya Ananta
http://www.mindbodynsoul.com
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Posted in CURRENT NEWS, FORTUNES, POWER POLITICS, INTERNET, MONEY, WEALTH, SUCCESS, WORLD AFFAIRS, INTERNATIONAL NEWS, INDIA, PATENT RIGHTS, ZERO PATENT, SCIENCE, PHILOSOPHY, EDUCATION, ZERO, BLOGS | 1 Comment »
Monday, February 19th, 2007
• Claims that search engine advised illicit websites
• Row follows fears about You Tube’s content
Andrew Clark in New York
The Guardian
America’s biggest media companies have accused Google of knowingly encouraging copyright theft by suggesting to illegal movie download sites that they place adverts to appear in response to search terms such as “pirated” and “bootleg”.
Rupert Murdoch’s News Corporation, Viacom, Walt Disney and Time Warner are among a group of leading television and film producers that has complained about a lack of controls at Google.
Their anger centers on a case going through the courts in New York state surrounding five defunct movie download websites with names such as TheDownloadPlace.com, MoviesAdvance.com and EasyDownloadCenter.com.
Run until last year by two 26-year olds in Missouri, the sites allowed users to download Hollywood hits such The Incredibles, Charlie and the Chocolate Factory, Meet the Fockers and Mr. & Mrs. Smith in their entirety.
Legal documents allege that Google accepted adverts and endorsed “sponsored links” from the websites’ operators, Brandon Drury and Luke Sample. The company even offered credit on payments from the duo.
Google is accused of suggesting to the pair that their adverts appear when people enter various movie titles on its search page - or when terms are entered such as “bootleg movie download”, “pirated” and “download Harry potter movie”.
The row is a sign of deteriorating relations between media companies and Google. For months television companies and film studios have been struggling to agree deals to control the way their content is used on You Tube - the video-sharing site acquired by Google last year.
Google’s main source of income is a fee paid by advertisers whenever anyone clicks on a sponsored link. The company routinely helps clients choose suitable search terms to prompt their links.
The firm, which trades under the slogan “don’t be evil”, assured the media companies on Friday that it would tighten its systems to prevent a recurrence of sponsored links to bootlegging sites.
A Google spokesman said: “We prohibit advertisers from using our advertising program to promote the sale of copyright-infringing materials. Hundreds of thousands of advertisers responsibly abide by our ad content policies and we’re committed to preventing those who don’t from using our program.”
The broader question of controlling content on Google’s network of websites remains contentious. You Tube users routinely upload clips from popular shows.
News Corp’s Fox network last month got tough with You Tube by filing a subpoena demanding the name of a subscriber who posted entire episodes of the television series 24 and The Simpsons on the site. You Tube has since complied.
The media firms would prefer to use You Tube as a shop window offering a controlled selection of tasters from their movies and television shows.
In a step towards such control, News Corp’s MySpace social networking site yesterday announced plans to block unauthorized music and videos using technology from a company called Audible Magic. The software allows MySpace to compare uploads with a database of copyrighted material and to block content that shows a match.
In a pilot, MySpace intends to use the technology to filter out any clips by Universal Music’s roster of artists - which includes the Black Eyed Peas, Miss Dynamite and Snow Patrol.
Steve Weinstein, an analyst at Pacific Crest Securities, said neither the media firms nor Google wanted to get into the kind of bitter copyright face-off that led to the downfall of the once ubiquitous music sharing site Napster. But he said a solution to the problem was elusive: “The studios don’t know and Google doesn’t know how best to make this work yet.”
Back story
Downloading films has never been easier, thanks to the sheer number of services available. The most prominent is BitTorrent. Users download software and find a “tracker” site which tells them where the movies they are looking for are stored. Despite some high-profile closures, web services continue to act with impunity. One of the most famous is The Pirate Bay, run by a Swedish group that believes copyright is wrong. After police raids, it announced that it was raising funds to buy its own island.
Bobbie Johnson
http://currentnewsaffairs.com
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Posted in CURRENT NEWS, FORTUNES, POWER POLITICS, INTERNET, ONLINE, MONEY, SUCCESS, WORLD AFFAIRS, INTERNATIONAL NEWS, US, PATENT RIGHTS, MATHEMATICS, WEB | No Comments »
Friday, February 16th, 2007
| Dubai, Feb 16 (PTI) Giving a fillip to their socio- cultural ties, India and Saudi Arabia have decided to hold bilateral exchange programmes involving students, youths and sports persons.
The decision was taken during a meeting between visiting Indian delegation headed by Minister for Youth Affairs and Sports Mani Shankar Aiyar and Saudi officials led by Prince Sultan bin Fahd where the two sides discussed ways of activating a memorandum of understanding signed last year during King Abdullah’s visit to India.
To commence with, a 10-member Indian youth delegation will visit Saudi Arabia in March this year. The two countries also agreed on establishing institutional contacts between Rajiv Gandhi Institute of Youth Development and corresponding youth institutions of Saudi Arabia, officials said.
In this regard an expert team will visit Saudi Arabia in April and exchange of visits by young councillors from India and Saudi Arabia will take place. A delegation from the Governorate of Muzahmia would visit either Faridabad or Mewat.
In sports, the two sides yesterday decided to cooperate in training and group exchange programmes. The disciplines that were taken on priority were football, volleyball, basketball, handball, athletics and equestrian.
It was also decided that the Joint Committee (comprising experts from both sides) would meet in India in the first week of September this year to finalise the details of the exchange programme. The Saudi side agreed to send its youth delegation to coincide with this meeting.
The Indian minister, who is on a two-day visit to the Kingdom, also extended an invitation to Prince Sultan bin Fahd, President of the Youth Affairs and Sports, to visit India, which was accepted. PTI
source PTI.
http://blogs.mindbodynsoul.com
http://www.mindbodynsoul.com
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Posted in CURRENT NEWS, INTERNET, ONLINE, HOME BUSINESS, WORLD AFFAIRS, INTERNATIONAL NEWS, INDIA, PATENT RIGHTS, BLOGS, WEB | No Comments »
Sunday, January 21st, 2007
BE A PROUD HINDU – Announce to the world that we have arrived with rejuvinated energy and Super Power. We are the largest Democracy in the Universe Human Beings know of.
Hinduworldtoday.com is being launched very shortly as a news portal of the Hindus for the Hindus by the Hindus.
Hindus are world’s foremost democratic, secular and spiritual society and welcomes the whole Universe.
We are looking for free lance Hindu citizen journalists, reporters, correspondents, bureau chiefs and country heads from all parts olf the world to participate and to contribute their thoughts and environments around them to highlight the achievements of Hindus. Suggestions for making the Hindus in the world as the most dynamic ,vibrating ,abundant and affluent society which can help create peace ,love , unity ,brotherhood in the world and erase poverty and disease from the face of the heavenly planet mother earth.
Hindus constitute a billion plus approximately, fifth of the world’s population today and with the fertile technology minds combined with the universal, spiritual, vibrating, dancing, life force energy are in a position to change the shape of the world for betterment of the generations to come.
When you have so much of the GOD\S energy and power then it is our duty to help the Creator Create a world full of his love and grace.
Join the huge stream flowing from the universal soul our father .Freedom and self respect is our birth right and we have it. We want every human being to be a free person in the world as we all come from the same father.
Maha Maya Ananta,
Visit: http://www.hinduworldtoday.com
Apply with bio-data to pfcl2@yahoo.co.in
P .S. You can also have a free listing in the directory at www.hinduworldtoday.com
Press Release by http://blogs.mindbodynsoul.com
THE LARGEST DEMOCRACY IN THE UNIVERSE INVITES ONE AND ALL WHOLE HEARTEDLY TO JOIN AND SHAPE A NEW WORLD FOR OUR CHILDREN WHICH IS FULL OF PEACE , PROSPERITY , ABUNDANCE AND AFFLUENCE OF THE UNIVERSAL SOUL OUR ORIGIN AND FATHER ,
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Friday, January 19th, 2007
The hard core truth is that America can not win a war
in today’s time of disunion . Importantly America can not
fight the ground level wars without which even Alexander
the GREAT could not have conquered Babylon and other
countries .
Today is Now which is the time of technology and the seperiority
can not remain one sided .
We now live in a Global Village created by Dear Bill Gates and we
must all appreciate every one’s contribution to the Heavenly Planet
Mother Earth .
Let us rise above the religions , politics of greed , power , ego ,
selfishness and have a FAMILY REUNION OF THE WHOLE PLANET HEAVENLY MOTHER EARTH .
Do not wait for some extra terrestrial civilisation or comet power to descend and threaten and force us to be one to fight them in unity .
Preserve the UN and the Planet and it’s civilisation which has a history
older than the Historians were born to document what they were dictated
by the Victors of their times .
Time is ripe for the world policeman to unite the whole world or else his
title will shortly become meaningless and powerless .
HER HOLINESS MAHA MAYA ANANTA
http://commonwealthtv.tv
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Posted in CURRENT NEWS, FORTUNES, General, POWER POLITICS, INTERNET, ONLINE, WEALTH, WORLD AFFAIRS, INTERNATIONAL NEWS, US, IRAQ, NUCLEAR WEAPONS, PATENT RIGHTS, SCIENTISTS, PHILOSOPHY, PETROL, U.N, WEB | No Comments »
Tuesday, January 9th, 2007
| LONDON, Jan 8 (Reuters Life!) - For sale: the world’s smallest country with its own flag, stamps, currency and passports.
Apply to Prince Michael of Sealand if you want to run your own nation, even if it is just a wartime fort perched on two concrete towers in the North Sea.
Built in World War Two as an anti-aircraft base to repel German bombers, the derelict platform was taken over 40 years ago by retired army major Paddy Roy Bates who went to live there with his family.
He declared the platform, perched seven miles off the east coast of England and just outside Britain’s territorial waters, to be the principality of Sealand.
The self-styled Prince Roy adopted a flag, chose a national anthem and minted silver and gold coins.
The family saw off an attempt by Britain’s Royal Navy to evict them and also an attempt in 1978 by a group of German and Dutch businessmen to seize Sealand by force.
Roy, 85, now lives in Spain and his son Michael told BBC Radio on Monday his family had been approached by estate agents with clients “who wanted a bit more than a bit of real estate, they wanted autonomy.”
He suggested Sealand, which has eight rooms in each tower, could be a base for online gambling or offshore banking.
Asked to describe the delights of living on what he described as a cross between a house and a ship, the 54-year-old said: “The neighbors are very quiet. There is a good sea view.”
Apply to Prince Michael of Sealand if you want to run your own nation, even if it is just a wartime fort perched on two concrete towers in the North Sea.
Built in World War Two as an anti-aircraft base to repel German bombers, the derelict platform was taken over 40 years ago by retired army major Paddy Roy Bates who went to live there with his family.
He declared the platform, perched seven miles off the east coast of England and just outside Britain’s territorial waters, to be the principality of Sealand.
The self-styled Prince Roy adopted a flag, chose a national anthem and minted silver and gold coins.
The family saw off an attempt by Britain’s Royal Navy to evict them and also an attempt in 1978 by a group of German and Dutch businessmen to seize Sealand by force.
Roy, 85, now lives in Spain and his son Michael told BBC Radio on Monday his family had been approached by estate agents with clients “who wanted a bit more than a bit of real estate, they wanted autonomy.”
He suggested Sealand, which has eight rooms in each tower, could be a base for online gambling or offshore banking.
Asked to describe the delights of living on what he described as a cross between a house and a ship, the 54-year-old said: “The neighbors are very quiet. There is a good sea view.”
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Posted in CURRENT NEWS, FORTUNES, General, POWER POLITICS, INTERNET, ONLINE, HOME BUSINESS, MONEY, WEALTH, SUCCESS, WORLD AFFAIRS, INTERNATIONAL NEWS, US, INDIA, PATENT RIGHTS, SCIENCE, SCIENTISTS, PHILOSOPHY, ASTRONOMY, EDUCATION, COSMOS, ELECTIONS, U.N, BLOGS, WEB | No Comments »
Friday, January 5th, 2007
Free lance Investment Banker for Financial Syndication, VC, PE for the World’s Largest Portal
We have created a world class portal for the development of human beings into self reliant,
abundant and affluent enterprising people to transform today’s social systems into Healthy,
Wealthy and Wise vibrating life force energies of tomorrow.
A great lot of effort and man hours have been put into it besides the promoters capital.
Till now we are only supported by little bit of google ppc ads.
We intend creating regular unique and original text, audio and video content
on 24×7 basis hoping to cover the entire cosmos and the MINDBODYNSOUL.
The time and new technologies are ripe now for the portal to be given a massive launch
from this level ahead.
We require funding to achieve this marvel as we are sitting on the richest treasures
of original, real content of the Vedas and scriptures in the entire India with our devoted
connections with the seers and sages, Yoga and spiritual lights of the Universe.
Positive thinking mind body n soul speaks some great things coming up
at www.mindbodynsoul.com and http://blogs.mindbodynsoul.com.
The portal wants to create and market online in house creations on Audios, Videos
and other formats like IP TV.
We look for an experienced investment banker with hard core contacts and performance
in the start up funding of second round for this portal which will be the search engine cum
directory of it’s kind also in it’s field.
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The site will have some very high value e commerce services like matrimony which
is the hottest product in this part of the world.
Social networking, bookmarkletable, authority sites and online courses of many high
quality subjects on nature care and alternative Healing System, Ayurveda, Yoga and
Universal life force energy enhancement and healing for all groups men women and children.
Entire world with 6 billion plus people are our audiences and we shall always be there to hold
their hands to walk them through their minds to make them realise that they are the light and
sound vibrating and dancing enery children of the god the universal soul and are travelling the heavenly
planet mother earth as spiritual beings of the divine light to get the human experience.
The subject is very noble and for the investors there is lot of money in it in the activities
of the portal mentioned above. The exit rout will be easy from now on to next 3 to 5 years.
We are in fastest growing emerging market of world.
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The investors will be rewarded well besides their money doing great Philanthropic Activites.
People dedicated to the cause of quality life and sciences for the developement of humanity
with passion can join in on performance based remuneration from business plan to the final
round of value based funding.
The remuneration will be justified to the standards of the financial services business.
Rakesh Choudhary
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Posted in CURRENT NEWS, FORTUNES, INTERNET, ONLINE, HOME BUSINESS, MONEY, WEALTH, SUCCESS, WORLD AFFAIRS, INTERNATIONAL NEWS, US, INDIA, PATENT RIGHTS, MATHEMATICS, SCIENCE, EDUCATION, U.N, BLOGS, WEB | No Comments »
Monday, December 18th, 2006
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Making it clear that “nuclear swaraj” will be maintained, Prime Minister Manmohan Singh today acknowledged that the US law on civil nuclear deal contained “areas of concern” on which “clarifications” would be sought from Washington during further talks which are going to be “difficult”.
In a spirited intervention, Singh dismissed opposition’s charge that India would become a “client” State of the US if the new American legislation on the deal was accepted.
Nothing will be done that will “dilute, compromise or cast any shadow” on the independence of the country’s foreign policy, he said, asking Leader of the Opposition L K Advani not to “worry about India losing its nuclear swaraj (independence).” He, however, noted that outcomes of international negotiations were “not entirely predictable nor always under our control but compromises, if any, cannot violate basic principles.” The Prime Minister, however, candidly admitted that there were “areas” in the bill which “continue to be cause for concern to us” and that these will have to be discussed with the US during negotiations on 123 Agreement, which will operationalise the deal.
“Clearly, difficult negotiations lie ahead,” he said but emphasised that while going ahead with the process, vital national interests will not be compromised.
India and the US have to work out a bilateral agreement known as 123 Agreement to implement the understanding reached on July 18, 2005 and in the March two, 2006 Separation Plan.
credits PTI
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Saturday, November 4th, 2006
| Religion transcends science-Where science ends religion begins- ‘OSHO’ . This is a historical fact known and acknowledged by the world that India’s sage scientist ‘Aryabhat’ invented ‘ZERO’ ‘0’ .Zero is the most important part of the numerals without which the world cannot function.
In the ancient times because of lesser population and pollution, the skies of the universe were free from the cluttering thoughts, images and sounds of the human minds.
Indian sage scientists had direct communication with God the universal father and soul.
During Narsimha Rao’s government in India in the early nineties ,one small town lawyer raised this issue when the government of India signed the WTO and DUNCAN arrangements with world bodies .His raising the issue of the patent of ‘0’ ‘ZERO’ of India stormed the country . The news was blasted all over in the print and electronic media.
The issue created so much of heat that the parliament of India, the largest democracy in the world, was forced to take up this issue for discussion.
People say this hot news reached the White House in America while Bill Clinton was the president. President Bill Clinton asked his secretary of commerce to urgently arrange a top cabinet meeting to discuss the issue. In the meeting the president asked the secretary of commerce to explain the situation .She said that the world acknowledges the historical fact that Aryabhat the great Hindu sage scientist of India had invented the ‘0’ ‘zero’ on which today’s world economies and science functions. Infact nothing functions without ‘zero’.
The noble president of the U.S.A asked the lady, the secretary of commerce to express the amount of damage it could cause to the U.S.A if the Indians are granted the rights to the patent of ‘zero’.
She calculated and explained that Unites States of America would be sold to India within a week of granting them the patent of ‘zero’ due to the number of zero’s U.S.A punches every second. The entire U.S economy of trillions of dollars will be at the mercy of the Indians in South Asia.
All the members of the cabinet including the mighty president were stunned and stone freed for a few moments.
The president asked the lady in a low tone what can the Indians do if we do no grant them the patent of zero. She replied Mr. President we are the mightiest super power currently in this world on the planet earth. The Indians cannot do anything if we do not allow them the patent rights of zero.
President grinned and announced the meeting is dismissed and we’re not gonna allow them the patent ‘0’ at the cost of America’s future .Let them do what they can, if they can. Indians could not help it and the matter subsided.
The truth remains that Indian sage scientist not only invented ‘0’ but also invented decimal and calculated the distances from the sun and moon and other planets in our solar system without the scientific labs and the telescopes ,but through there meditative minds.
All true Indians worldwide are invited to rise and continue to participate in this greatest debate and give their comments on this blog, until it reaches its logical conclusion.
This can change the cause of history of the future.
Join into create a new history.
Love God, Love Yourself,
Be Blessed,
Her Holiness Maha Maya
http://blogs.mindbodynsoul.com
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