Tuesday, 24 April 2018

THE DABBAWALA

THE DISCIPLINED ORGANIZERS




The dabbawalas of MUMBAI constitute a service of lunchbox delievery and return system that delievers hot lunches from home and restaurants to the people of any sector at work. They travel through bicycle,autos,local train or any other means. There main motive is to deliever the lunch box by the time by hook or by crook.

In 1890 Mumbai, MAHADEO HAVAJI BACHCHE  started a lunch delievery service with about a 100 men. 

Each Dabbawala, regardless of role, is paid around 8,000 rupees per month. Between 175,000 and 200,000 lunch boxes are distributed each day by 4,500 to 5,000 dabbawalas. Dabbawalas are self-employed. The union initiation fee is 30,000 rupees, which guarantees a 5,000-rupee monthly income to a distributer and a job for life. The 150 rupee a month fee provides for delivery of six days a week.

Tuesday, 17 April 2018

TODAY'S HISTORY

17,APRIL

IN INDIA

- 1479,  Acharya Surdasji , famous poet of hindi and a great devotee of Bhagwan Krishna , was born.

-1675, Chatrapati Shivaji attacked Fonda fort and won Karwa.

-1926, Chandrashekhar , eigth Prime Minister of India was born.

-1975, Dr. Sarvapalli Radhakrishnan was died.

-1997, Biju Patnaik , Janatadal leader and important person in politics of Orissa  was died.

-1999, Vajpayee government resigns as it loses its confidence in Lok Sabha by 1.

IN WORLD

- 1970, Apollo 13 returns back to the earth.

- 1964, Ford Mustang debuts in World Fair.




Friday, 6 April 2018

INDIA'S WARREN BUFFET

Rakesh Jhunjhunwala (born 5 July 1960) is an Indian Trader and Investor. He is qualified as a Chartered Accountant. He take care of his own portfolio as a partner in his asset management firm, Rare Enterprises.[2][3] Jhunjhunwala has been described by India Today magazine as the "pin-up boy of the current bull run"[4] and by The Economic Times as "Pied Piper of Indian bourses".[5]
As per the analysis of Forbes, he is the 53rd richest person in India, with net worth of USD 2.4 Billion (as on July 2017)
Rakesh Jhunjhunwala grew in a Marwari family in Mumbai,India.His father was an officer in the Income Tax Department.His interest towards share market grew by watching his father investing in stoke market. He graduated from Sydenham College and thereafter enrolled at the Institute of Chartered Accountants of India.
Jhunjhunwala is the chairman of Aptech Limited and Hungama Digital Media Entertainment Pvt. Ltd. and sits on the board of directors of various Indian companies such as Prime Focus Limited, Geojit BNP Paribas Financial Services Limited, Bilcare Limited, Praj Industries Limited, Provogue India Limited, Concord Biotech Limited, Innovasynth Technologies (I) Limited, Mid Day Multimedia Limited, Nagarjuna Construction Company Limited, Viceroy Hotels Limited and Tops Security Limited.[citation needed]. He is popularly referred to as the "Warren Buffett of India" and the "King of Bull Market".
Jhunjhunwala's stocks fell by up to 30% in December 2011.[7] He recovered his losses in February 2012.[8] These ups and downs forced him to reduce his vulnerability by trimming his portfolio to one-third.[9] His attempts to divest his Aptech stake had no takers. [10] In May 2012 he increased his stake in Aptech by 2.24% now holds 12.7%
Jhunjhunwala invested 26 Crores ($4.6 Million) in A2Z Maintenance[11] increasing his stake in the company by 3.57%, taking his stake in the company to 23.2 per.
He had recently produced a hindi movie KI & KA.


THE DABBAWALA

THE DISCIPLINED ORGANIZERS The dabbawalas of MUMBAI constitute a service of lunchbox delievery and return system that delievers...