Business Quotes (11)

Anil Kapoor invested in Indi.com

Bollywood actors and actress are also investing in startups. Earlier the actors used to act in movies only but now time has changed and they are doing business. They are also investing in startups, running their own company, buying IPL team etc. 

Yesterday, I came to know that Anil Kapoor has also invested in Indi.com, a global video social network. Indi.com allows individuals and companies to create and monetise content by sharing videos. Artists, retailers, NGOs, celebrities and individuals can connect with fans and supporters, and interact with them using video. 

Indi.com started in 2012 in South California by e-commerce veterans Neel Grover and Greg Giraudi, both associated with Buy.com, Rakuten.com, and Bluefly.com and it was officially launched across the US in 2013. Grover had been in talks with kapoor for over a year and that at first, he was only planning to back the product as an investor. 

According to Grover, Indi's video platform is supported by advanced inbuilt e-commerce capabilities and reaches out to senior level management of Fortune 500 companies. while users from 200 countries can access the platform. Indi will launch with an open platform, allowing companies to start their own channels. 

Story of Gautam Adani- Founder Adani Group

Gautam Adani is an Indian business tycoon and he is the founder and chairman of Adani Group. He was born on 24 June 1962 in Ratanpol in Ahmedabad, Gujarat. He is the son of Shantilal and Shanta Adani. He is married to Priti Adani who is a dentist and heads Adani Foundation as a Managing Trustee. They have two sons- Karan Adani and Jeet Adani. He did his Schooling from Sheth Chimanlal Nagindas Vidyalaya school in Ahmedabad. Later he studied bachelor degree in commerce at Gujarat University. Gautam Adani moved to Mumbai at a age of 18 with only a few hundred rupees, instead of joining his father's textile unit in Ahmedabad. He started his career as a diamond sorter at Mahindra Brothers for 2 years and then went on to set up his own diamond brokerage business in Mumbai. At the age of 20, he mad his first million within a year. His elder brother, Mahasukh Adani called Gautam Adani back to Ahmedabad to run his newly purchased plastic factory. 

According to Forbes, his personal wealth is estimated to be $7.1 billion. He founded the Adani Group in 1988 and today it is a globally integrated infrastructure player with business spanning coal trading, coal mining, oil & gas exploration, ports, multi-model logistics, power generation, Agri infrastructure and gas distribution. With business experience of more than 33 years, Gautam Adani is an Indian entrepreneur who has led the Adani Group from a modest background to create a $10.4 billion professionally managed empire in short period of time. 

The company was founded as a commodity trading business. According to Mr Gautam Adani,The Group was created with a vision of ‘Nation Building’ by developing assets of national economic significance. This reflects in the choice of businesses the group has entered and developed over the years. Adani Enterprises is the largest trading house of India in importing coal with a market share 60%. It also supplies coal to NTPC Limited, India. Adani group became India's largest private coal mining company after Adani Enterprises won the Orissa mine rights. In 2014, Adani Power emerged as India’s largest private power producer. Adani Power's total installed capacity now stands at 9,280 MW.

The Adani Foundation is the Corporate Social Responsibility arm of Adani Group, founded in 1996. The Foundation is registered under the Bombay Public Charity Trusts Act of 1950 and Society’s Registration Act 1860.The focus of the activities are mainly on three major dimensions of human development which include expansion of sustainable livelihood opportunities, improving the status of health and education and broadening the range of choices by creating rural infrastructure. 

List of most powerful businessman of the world

1. Bill Gates-Bill & Melinda Gates Foundation 

2. Larry Page-Google

3. Warren Buffett-Berkshire Hathaway 

4. Jeff Bezos-Amazon.com

5. Mark Zuckerberg-Facebook

6. Jack Ma-Alibaba

7. Lloyd Blankfein-Goldman Sachs Group

8. Jeffrey Immelt-General Electric 

9. Rex Tillerson-Exxon mobil

10. Tim Cook-Apple

Business Quotes (10)

Business Quotes (9)

The Most Powerful Women of India

Nita Ambani has been named the most powerful businesswomen in Asia by Forbes. She is the director of India's largest private sector company, Reliance Industries.  She is an Indian businesswomen, educationist, philanthropist, and a sports enthusiast. She is married to Mukesh Ambani. She has founded Dhirubhai Ambani Internatioanl School. It has more than 1000 students and 150 teachers, and is ranked as Mumbai's top school. The Reliance Foundation, founded by Nita Ambani in 2010, is entirely funded by the company, not the family. 

After her marriage in 1985, she took a diploma in special education and worked as a teacher for several years. Ambani joined the RIL board in 2014, when the Companies Act 2013 mandated every company to have at least one women director. At the group's newly set-up charitable hospital, Sir HN Reliance Foundation Hospital and Research Centre, she decided on everything from from the menu for patients to the color of curtains. For over two decades, she has played a pivotal role in Reliance's CSR initiative and has made a significant contribution to India's social sector development. 

Nita Ambani (born on Nov 1, 1963) grew up in a middle class joint family in the suburbs of Mumbai. Her father was a senior executive in Birla and mother is a homemaker. Nita did her schooling at the Rose Manor Garden School and completed her graduation from Narsee Monjee College of Commerce and Economics. Since childhood, she always has a keen interest in Indian classic dance and became a trained Bharatnatyam dancer. 

She is the inspiring architect of the Mumbai Indians team, which won the champions League T20 in 2011 and 2013, and the Indian Premier League in 2013 and 2015. She is the founder and chairperson of Football Sports Development Limited that launched the Indian Super League (ISL)in 2014. It emerged as the fourth largest football league in the world in the first season (2014) and the third largest in the second season (2015).   

Business Quotes (8)

Tips (5) of Storytelling

1. Start your business story with a context. Ensure that it doesn't   take too long. Craft your story with key characters o your project  to generate curiosity. This could be your significant stakeholder's  view on the points that you are about to discuss. Sometimes  describing somebody without mentioning the name can bring in an    element of suspense. 

2. Start your day asking yourself what the day's story is. Put down  in writing memorable events as they happen in your life. Begin with  an end in your mind. Start with what you want your audience to  learn or do at the end of your story and build on how that can be  achieved. Ensure that your points are seen and heard. 

3. Concept and connect should go in tandem. A story is said to be  woven well only if there is a connect with the agenda. 

4. Pause appropriately if you want your story to make an impact. You  may pause after asking a probing question. The pace of your voice  plays a key role in message delivery. Add life to your message  through facial expressions, postures and gestures. 

5. Let your story appeal to audiences' ears and eyes. 

6. Modulate your voice naturally to catch attention, play engaging  videos, and make the audience perform kinesthetic activities such  as conducting a survey, raising their hand in agreement. 

7. The opening and ending of a story should be different. Try  starting a story from the middle. 

8. Set the audience thinking about what would be coming next.  

Business Quotes (7)

Business Quotes (6)

What is Recruitment?

The process of finding and hiring the best qualified candidate for a job opening in a timely and cost effective manner. It is a positive process of searching for prospective employees and stimulating them to apply for the jobs in the organisation. This is the first stage of the process of selection. Recruitment is a core funtion of human resource management. It refers to the overall process of attracting, selecting, and appointment suitable candidates for jobs within an organization. It is an important part of an organization's human resource planning and their competitve strength. 

The recruitment process begins when you know you need someone new in the department, either because an exiting staff member has left, or becuase there is new work to be done. It is managed by the recruitment strategy. It is not just external, the internal recruitment has a enormous impact on the performance of the company and increase the satisfaction of employees.  The recruitment is one of the best opportunities to enrich the organization, and it is the way to build the learning organization. It is the most difficult HR process with the value added for the company. The process involves managers, employees, human resources, recruitment agencies and candidates. All participants have the same goal- filing the job vacancy and they have to cooperate smoothly to reach the overall goal. The unmeasured recruitment process cannt support the success of HR in the organization. The competition on the job market is tough, and the company has to be winning the best talents. The recruitment has to be smart. 

10 Important tips for growing your company

1. A company must establish a position in the  minds of its targeted customers. 
2. The position should be singular, providing  one simple and consistent message.
3. The position must set a company apart from  its competitors.
4. Positioning needs to keep competitors out,  not draw them in.
5. Think about your own experiences as a  customer.
6. Immediately you start thinking long term  as opposed to short term. when you think  long term you    stop making the mistakes.
7. A successful investor knows when to be  arrogant and when to be humble.
8. Don't work for anyone whose investment  philosophy you don't agree with.
9. Our selling ability determines the success  or failure of any transaction. 
10. A robust economy strongly depends on good  salesmanship.   

Business Quotes (5)

Business Quotes (4)

List of 10 IT Companies in Noida

1. 18th Technology
2. 2 Sigmas Web Pvt Ltd
3. ESQ Management Solutions India Pvt Ltd
4. Emarson Computers
5. Elixir Web Solutions 
6. Ebizon Netinfo Pvt Ltd
7. Dion Global Solutions Ltd
8. Cube Software Pvt Ltd
9. Awarebase Technology Pvt Ltd
10. AM Technologies  

Business Quotes 3

Business Quotes 2

Business Quotes

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Reality of NGO

Once a boy came to my office for job. During interview I asked him where was he working before? He shared the reality and the whole process of his last organisation. It was an NGO but doing totally fraud. There were more than 200 telecallers who used to call to  the people of out of state and request them to donate some amount for a little child. That little child has brain tumer and cancer. Parents of that child is too poor and they can't admit the child into the hospital. so please donate some amount to save the child's life, in behalf we will provide you 80G certificate which will help you in tax relief. You have to donate the amount through debit/credit card on our website. They have fake certificates from top hospitals and the photographs of fake child with their parents on their website. So that people can trust easily. 
About 200 telecallers used to call to more than 200 people daily and they all used to say same thing about the same child for a month. The NGO used to get more than 3 lakh donation per day. They had office of 3 floors, in which more than 250 people were working including HRs, Trainers, accountants, telecallers, team leaders, floor managers and bosses. Whenever you will visit their office you will find crowd of candidates who went there for interview. Candidates go there everyday for the interview, few are selected everyday and few leave the organisation everyday. Not only 12th pass, but candidates from every field like Btech, BBA, MBA, BCA etc go for  the interview. 
If you will listen to the telecallers during their talk with customers, you will say that they are not requesting for donation, actually they are begging. It gives too bad feelings. 

Story of Bandhan Bank

Chandrashekhar Ghosh's (Founder and CEO of Bandhan Bank) father owned a sweet shop in Agartala. Ghosh used to help out in childhood. His father had other things in mind for him and sent him away to study. Ghosh completed a masters in statistics from Dhaka University and joined Bangladesh Rural Advancement Committee (BRAC), the world largest non-government development organisation based on the number of people it employs. It is also into micro-finance. That's where the seeds of Bandhan Bank were sowed. 

Ghosh returned to India and worked with several NGOs, which exposed him to the difficulties of raising small loans. He found moneylenders charging 200% from the poor people who had no resource to bank finance. Eventually, Ghosh started Bandhan in Kolkata as a microfinance company in 2001 with his savings of Rs2 lakh. That started an unlikely journey that saw Bandhan beat 23 business houses, some of them much larger than Bandhan, to be a given a licence in April 2014 to start a bank. There were only two licences given, the other went to IDFC. 
By that time Bandhan had become the country's largest microlender on assets. It had a loan book of Rs6,200 crore and 5.4 million borrowers. That played big role to convince the RBI that it will add a new dimension to banking. Now Bandhan Bank has 8.3 million customers, 20,600 employees, Rs8.900 crore deposits, Rs 14,278 crore loans that have not been repaid, 633 branches and 250 ATM. 

Book Launch- Kavya sugandh and manavta part 2

Book Launch- kavya sugandh and manavta

Stand Up India

HT, New Delhi, march 26,2016, page-15

After the launch of the startup India programme, the government is now gearing up for stand up India, which mandates each bank branch to provide one loan to a Dalit or a borrower categorised as scheduled tribe or scheduled caste, and the other to a women entrepreneur. While the scheme is already operational, Prime Minister Narendra Modi will officially kick off the programme next month in Noida. 

The launch comes amid a raging controversy over the suicide of Dalit student Rohith Vermula in Hyderabad in January. Banks have been asked to ensure that all the 1.25 lakh branches meet their targets. 

Modi has held several meetings with bankers and senior finance ministry officials on the scheme, sources said. Loans under the Stand Up India programme will range from Rs 1 lakh to 1 crore, and will be given for greenfield projects in the non-farm sector. A refinance window via Small Industries Development Bank of India (SIDBI), with an initial amount of Rs 10,000 crore, will be available under the scheme, which is expected to benefit 250,000 borrowers. The government has already launched the Start Up India scheme to promote entrepreneurship.  

Fraud Job Consultancy

Last year I hired a girl for my office. She shared everything about her last organization. It was a fake job consultancy where she was working. They used to call to candidates of another district on the name of Shine, Naukri or Monster. They use fake mobile number, fake account and fake office address. They charge different-different amount for guaranteed job. Candidates trust them and send money to their given bank account. After get money they change their mobile number. They charge amount between Rs2000 to 10,000 based on candidates, their qualification and job profile. They convince candidates by saying that they will provide job in top companies on good salary package. They run their office in a room or small office. whenever they caught by police by any way they give some money to them and start their work again. There are many fraud job consultancies like this in big cities like Delhi. Helpless candidates couldn't do anything. 

So guys, You must be alert anytime from these fake calls. 

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Reality of BPO

There are many boys and girls who are working in call center after Btech. Because they didn't get placement from college and not getting job in their own field. One of my neighbors who took a loan from bank to to Btech. He couldn't get placement from college. So, he had to move to Delhi. Firstly he tried a lot to get job in his own field, but when he failed; he had to work in call center. His salary is very low Rs8000/month. Now he use to say that doing Btech is waste of money and time. There are many boys and girls who are facing the same situation. Not only Btech, but the students from every field are in the same category. The big problem is how will they manage lodging, fooding, family and even they have to give money to bank also. 

Companies give lower salary to employees specially BPO companies, because they know that there are big unemployment here. Hundreds of new candidates visit their companies for interview daily and number of candidates leave the job every month. They hire candidates from every field like 12th, graduation, BBA, BCA, Btech, MBA etc. They have requirement of employees so they do so. They select candidates on basis of communication skill and personality and nothing els. It doesn't matter which degree you have. The number of BPO companies are increasing day by day. Outsourcing is better than advertising. The big companies are investing less on advertisement and more in outsourcing. They give contract or project to BPO companies. BPO companies sell products and services by direct calling to targeted customers and it is more profitable. 

Startup Story- LimeRoad

Suchi Mukharjee studied at St Stephen's College, Cambridge University and London School of Economics. She worked at Lehman Brothers, eBay and Skype before founding LimeRoad, an online discovery platform for lifestyle products, in 2012. 

According to Mukharjee, LimeRoad believes in the individuals, not institutions, shape history.  We believe that individuals will transform the Indian lifestyle retail industry as we know it. And we at LimeRoad are going to help them do it. Entrepreneurship is the most powerful way to fulfill one's ultimate potential.   

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