Management vision2020

A  Distribution Management System (DMS)  is a collection of applications designed to monitor & control the entire distribution network efficiently and reliably. It acts as a decision support system to assist the control room and field operating personnel with the monitoring and control of the electric distribution system. Improving the reliability and quality of service in terms of reducing  outages , minimizing outage time, maintaining acceptable frequency and  voltage  levels are the key deliverables of a DMS. Most distribution utilities have been comprehensively using  IT  solutions through their  Outage Management System  (OMS)  that makes use of other systems like  Customer Information System  (CIS),  Geographical Information System  (GIS) and  Interactive Voice Response System  (IVRS). An outage management system has a network component/connectivity model of the distribution system. By combinin...

"All my friends. Settle down let me talk, I will get more and more emotional (crowd gets louder and louder as he composes himself). My life, between 22 yards for 24 years, it is hard to beli eve that that wonderful journey has come to an end, but I would like to take this opportunity to thank people who have played an important role in my life. Also, for the first time in my life I am carrying this list, to remember all the names in case I forget someone. I hope you understand. It's getting a little bit difficult to talk but I will manage. The most important person in my life, and I have missed him a lot since 1999 when he passed away, my father. Without his guidance, I don't think I would have been standing here in front of you. He gave me freedom at the age of 11, and told me that [I should] chase my dreams, but make sure you do not find short cuts. The path might be difficult, but don't give up, and I have simply followed his instructions. Above all, he told me to ...

"All my friends. Settle down let me talk, I will get more and more emotional (crowd gets louder and louder as he composes himself). My life, between 22 yards for 24 years, it is hard to beli eve that that wonderful journey has come to an end, but I would like to take this opportunity to thank people who have played an important role in my life. Also, for the first time in my life I am carrying this list, to remember all the names in case I forget someone. I hope you understand. It's getting a little bit difficult to talk but I will manage. The most important person in my life, and I have missed him a lot since 1999 when he passed away, my father. Without his guidance, I don't think I would have been standing here in front of you. He gave me freedom at the age of 11, and told me that [I should] chase my dreams, but make sure you do not find short cuts. The path might be difficult, but don't give up, and I have simply followed his instructions. Above all, he told me to ...

Securitization           S ecuritization is the process of pooling and repacking of homogeneous   long term illiquid financial assets and non-performing assets into marketable securities, which can be sold to investors. Thus it is taking a primary role in imparting liquidity & profitability to marketers by converting long term illiquid and non-performing assets into short term liquid and performing assets. The process leads to creation of financial instruments that represents ownership interest in/ is secured by segregated income producing assets /pool of assets, where the pool of assets collaterises the securities. These assets are generally secured by personal/real property such as automobiles, real estates or equipment loans (but in some cases unsecured). Securitization in India is regulated by the SARFAESI Act 2002- (Securitization & Reconstruction of Financial Assets & Enforcement of Security Interest). Pro...

Mutual Funds             The concept of mutual fund is originated in Belgium in 1882. A trust that pools that pools the savings of investors who share a common financial goal is known as a ‘Mutual Fund.’ The money thus collected then invested in financial market instruments such as shares, debenture and other securities like government paper etc. The income earned through these investments and the capital appreciation realised are shared by its unit holders in proportion to the number of units owned by them. Investments in securities are spread over a wide cross-section of industries and sectors, thus allowing risk reduction to take place. Diversification reduces risks because all stock/debt instruments may not move in the same direction and in the same proportion at the same time . Features / Benefits (1)         Mobilising Small Savings : Mutual funds mobilize the funds by selling their own...