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Nita Ambani strives for a Model United Nations

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In living up to its title as an international school, Nita Ambani’s, Dhirubhai Ambani International School aims to work towards international peace and security in the United Nations and preparing they pupils to take part in the future of World Government. The Dhirubhai Ambani International Model United Nations (DAIMUN) is an attempt by the Mukesh Ambani’s Reliance Group to emulate the goals of prestigious United Nations by fostering the spirit of international unity. Through this initiative of Nita Ambani’s, Dhirubahi Ambani International School wants to promote an environment where in delegates from different countries come together on a common platform and maintain international peace and security.

Nita Ambani aims to ensure the students of her school a great opportunity to make their voices heard on the global front. DAIMUN gives an opportunity to the delegates to get the most realistic experience ever. DAIMUM was created in 2004 by a group of students at Dhirubhai Ambani International School and with the students’ efforts; DAIMUN is fast becoming one of the world’s most recognized Model United Nations. Dhirubhai Ambani International Model United Nations was created on the lines of THIMUN which stands for The Hague International Model United Nations. After Mr. Remco van der Zwaag visited DAIMUN, THIMUN granted recognition to it because of the potential of this model run by Dhirubhai Ambani International School.

The 2009 DAIMUN which lasted for 4 days, 19th to the 20th of December was an elaborately planned and enormously successful affair. The theme chosen for the DAIMUN was ‘The Energy Crisis’ which is most apt due to the energy crisis which is currently the one of the greatest threats to humanity. The items on agenda were carefully picked after in-depth research and going through various feasibility studies. In DAIMUN each participant is confronted with real-life situations faced by the world that needs to be debated at the United Nations. In Dhirubhai Ambani International Model United Nations, participants are taught to defend their view point on various issues to find an effective solution to the problem on an international platform. Through DAIMUN, awareness on global issues can be created along with the development of debating and diplomatic skills.

Nita Ambani, wife of Mukesh Ambani, seeks to cultivate a culture of excellence and zeal in the selection of the delegates. Since these delegates will represent the country in the United Nations, only those candidates are selected who show the potential to be talented and professional. It offers a unique platform to the candidates promising intelligent and animated debates. Dhirubhai Ambani International Model United Nations strives to create awareness of fellow human beings and aims to uphold the very concept of United Nations as one voice that speaks for international brotherhood on the international platform.

Chinese whispers

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The announcement by the Chinese of an end to a fixed foreign exchange rates regime, allowing the remminbi to appreciate, has given stocks, commodities and risk-on currencies a boost in early trading. Investors moved out of the safe haven USD with Cable reaching 1.49 before falling back slightly and the Aussie Dollar also performing well on the back of the news. The move by the Chinese is wildly seen to be a political rather than economic one. With the G20 meeting coming up shortly and the current ‘currency manipulation’ bill working it’s way through the US congress, the decision to let the Yuan have a much greater degree of flexibility sends a positive message to the Americans. The markets have open higher as the announcement has released some of the pressure that was building and any potential trade dispute between the US and China is much less likely. As well as the G20 meeting, the Chinese may have had one eye on pre-empting the forthcoming US Treasury report on FX polices and international money transfer of US trading partners. Tim Geithner may have been ready to single out China explicitly – not something the ruling party in China needs or wants as it tries to gradually integrate China into the world economy.

The Euro has also performed well this morning, the successful Spanish bond auction last week and the announcement that the EU will release the results of stress tests on 25 European banks, has helped the single currency exchange rates move towards 1.25 against the USD and 1.19 versus Sterling. EU president Herman Van Rompuy said data on any institution that failed or performed poorly in the stress tests (published in July) will be publicly available. Such a strong commitment to transparency has gone down well in markets, but there are still doubts around. Such confidence by EU leaders on the strength of its banks (some of which are quite clearly struggling to raise funds in the market) either shows serious confidence in the figures banking chiefs are giving them, or that the tests are designed a priori to show banks strength to the markets. Call me a cynic, but the latter rather than the former seems much more plausible, until we get greater detail on the underlying assumptions of the tests will cannot know for sure quite what the stress tests are telling us.

The weekend before any budget is always marked by wild speculation on what might happen to taxes or spending over the next year. The theme this time is universally negative as one would expect. What is going to get cut (child tax credits, public sector numbers & public sector pensions if the papers are to believed) and how fast (straight away) has dominated thinking ahead of tomorrow emergency budget. A hike in VAT to 20% along with the anticipated rise in capital gains tax and also significant increases in taxes on items such as alcohol and cigarettes seems likely. However, it remains speculation and Sterling will likely tread water in the run up to the announcement at midday tomorrow. Whatever happens, it is the most important budget in the UK for many years and investors will be looking to the Chancellor to create the right balance between reducing the deficit and maintaining economic growth.

Advantages of opting for accounting services Toronto

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It enables financial decisions of a business

Helps you in monitoring an agent’s performance

Grants access to the solvency and productivity of a business

Helps in preparing annual transaction reports that enables external companies to know more about the company

Apart from these benefits, a genuine Toronto Tax Accountant will help you to run your business smoothly without any hassles.

Combating Recession with Government Grants

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For instance, numerous Americans lost their jobs and many more lived in terror of seeing the infamous pink slip on their desks. From the depths of despair, a few turned adversity into an opportunity by starting their own businesses. Business and commercial property grants offered by the US government proved invaluable to many such entrepreneurs.

The federal government offers commercial property grants to purchase and renovate office buildings. The best part is that these grants are free and do not have to be repaid!

Besides unemployment, debt is weighing heavily in the minds of many Americans. If you are one of the many entwined in a debt trap, the federal government offers you a welcome respite through it’s debt consolidation grants. These grants are free money offered by the government to help you ease some of the debt pressure and help you get back on your feet and forge ahead. If you meet the eligibility criteria, the money is yours to keep helping you enhance your life as well as that of your family members and increase your creditworthiness for the future.

Besides financial enhancement, the government offers federal personal grants for individual development for worthwhile purposes like:

Home improvement
Education
Child care
Medical bills assistance
Unemployment assistance
If you want to avail of any of the above, simply apply for a grants online and await evaluation. Numerous websites are dedicated to the cause of providing information and making it easier for you to apply for grants online. So, apply and take your first step towards creating the life you have always dreamed of!

Nita Ambani – The Cricket Aficionado

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his year Mumbai Indians had a great run at the Indian Premier League season three and some of the credit if not all goes to the team’s co-owner and wife of Mukesh Ambani, Mrs. Nita Ambani. One of the most influential business women in the country, Nita is now a cricket aficionado with immense passion for the game and she has been educating herself on the nuances of the game since her journey with IPL began in 2008. In an interview to editor-in-chief of Indian Express, Shekhar Gupta, Ms. Ambani said that she is an obsessed mother now with all her time devoted to cricket. She admitted that IPL is like a dream run for her and this association has consumed all of her attention to the point that she ate, slept and breathed only cricket during the season. Her dedication certainly paid off in the splendid display of ‘cricket-rionics’ during the IPL 3 finale. She has stood by as a pillar of support during the good and bad times that the team has been witness to.

In 2008, Nita Ambani strengthened the Mumbai Indians team with a successful bid of seven players including Sanath Jayasuriya, Harbhajan Singh and Zaheer Khan. Before the onset of second season of Indian Premier League, Mrs. Ambani spoke to Hindustan Times and confessed that before venturing into IPL, her knowledge of cricket was very elementary and was restricted to few successful names of the cricket world. Initially she was involved only with designing of the jersey and the making of Mumbai Indians’ theme song but after a poor start in IPL 2009; she decided to accompany her team everywhere as per the schedule.

Chairman, Dhirubhai Ambani International School and co-owner of Mumbai Indians, Nita Ambani spearheaded the smartest strategy by making the bid for the most sought after player of IPL 3, Kieron Pollard. The constant travelling with the team to different locations also brought her closer to the team and helped empower the team with more confidence.

In this year’s IPL, Nita Ambani, wife of Mukesh Ambani, started out by bidding for a knockout of a team, holding up with them through all times and cheering them on in every single match the team played. According to the team and the management, Nita is a lucky mascot for them and her presence in almost every match boosts their morale.

On being asked about the disappointment after losing the finals, Nita said, “I had said in my interview just before the finals that may the best team win. And in sports, I think, it’s not just about winning but also about handling losses. And that’s what I have learnt living with these boys for the last several weeks. Surely I was disappointed, but it is what you have gained in your journey of life that matters. And for me, cricket has been a big learning experience.” According to her, IPL will get bigger and better in the seasons to come.

Reliance Group – Making the world a better place

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India’s biggest network, Reliance Group is known for its useful contribution in the field of education. Reliance Group is among the most illustrious corporate which have groomed a tradition of thinking for the greater good of the country. Walking in the footsteps of the founder, Dhirubhai Ambani, RIL chairman, Mukesh Ambani and his wife Nita Ambani have been quite active in investing for educational initiatives. Reliance forayed into the field of education in 2003 by instituting the Dhirubhai Ambani International School (DAIS) in Mumbai. This school was established to provide education of the highest quality to almost 1000 students. After this set up, Reliance Group decided to open up more such schools in Mumbai and other metros.

Reliance started their move to offer quality education to the Indian students and also established the Dhirubhai Ambani Institute of Information and Communication Technology in 2001. In 2003, the status of the university was conferred upon this Reliance institute and in 2004 it was included in the list of universities maintained by the University Grants Commission. Ms. Nita Ambani, wife of Mr. Mukesh Ambani led the project of establishing the ‘world class’ university with undergraduate, postgraduate and Doctoral courses.

This university will have tie ups with several international universities in order to offer world class education to the students. According to Ms.Nita Ambani the university will be located either in Mumbai or Delhi and Reliance Group is looking for the space to set up this university. For all Indian students who have dreamt of pursuing MBA in one of the most prestigious B-schools in the world Stanford University, the Reliance Group has made it possible through starting the Reliance Dhirubhai Fellowship programme in 2008. Under this scholarship programme, Stanford awards five scholarships every year to Indian students.

Dhirubhai Ambani Foundation presents SSC merit rewards every year to top three meritorious students and one physically challenged students in Gujarat, and Union Territory of Daman, Diu, Dadra and Nagar Haveli. Ten meritorious students from each of the districts, selected by CBSE are also rewarded and this encourages the students to pursue further studies. These initiatives by Mukesh Ambani controlled Reliance Group will help change the educational scenario in India and for the Indian students wanting to study abroad.