September 2, 2013 Leave a comment
For Whom Wealth Matters
January 3, 2013 Leave a comment
What are your fondest memories from your interaction with Tata?
” When we inaugurated our management council room, which I believe is the most advanced council room with perhaps the finest technology in Asia, I had a discussion with my colleagues and we decided to name it after Jamsetji Tata. Jamsetji Tata, as you know, was an extraordinary businessman. He donated one-third of his wealth to start the Indian Institute of Science.
So, when we decided to name the management council room, I decided to invite Ratan to inaugurate that. He was a little bit surprised that we were naming our number one conference room after Jamsetji Tata. I told him, ‘Jamsetji is a beacon and an example on how businesses should be conducted.’ He came and inaugurated it, he had lunch with us, interacted with youngsters. And every one of my colleagues was so impressed with his grace, courtesy and humility.”
December 22, 2012 4 Comments
Here is what Rakesh Jhynjhunwala has to say on what money means to him:
If you ask me what money means, I’d say it’s used as a means of exchange, among other things.But J Paul Getty, one of the world’s richest men, said: If you can count it, you don’t have enough of it.
Money is the harsh reality of life. Some love for it, some die for it, some use it well, some waste it, most fight for it, but most others desire it. Read more of this post
August 14, 2012 2 Comments
Originally posted on hifzan shafiee:
One of the most important principles of Islam is that all things belong to Allah, and that wealth is therefore held by human beings in trust. Therefore, our possessions are purified by setting aside a proportion for those in need.
Zakat – also known as zakah – is one of the Five Pillars of Islam, and serves principally as the welfare contribution to poor and deprived individuals. The payment of zakat is obligatory for every sane and mature Muslim whenever there is an economic activity resulting in the net increase in their wealth.
Zakat not only purifies the property of the contributor but also purifies his heart from selfishness and greed. It also purifies the heart of the recipient from envy and jealousy, from hatred and uneasiness and it fosters instead goodwill and warm wishes for the contributors.
Paying zakat compulsory, and the Qur’an states that those who pay zakat…
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June 23, 2012 3 Comments
This is a nice scheme I came across today and I though I’d share it here.The scheme is good for people with children.A great way to get them to read and at the same time teach them to give the same joy they receive.Here is the link http://www.wegivebooks.org/books . Happy reading.
June 21, 2012 4 Comments
NB:Don’t judge by appearances.
Originally posted on allaboutlemon-All Around, In, And Out Of My Own Universe:
THE GINGHAM DRESS
A lady in a faded gingham dress and her husband, dressed in a homespun threadbare suit, stepped off the train in Boston , and walked timidly without an appointment into the Harvard University President’s outer office.
“We’d like to see the president,” the man said softly.
“He’ll be busy all day,” the secretary snapped.
“We’ll wait,” the lady replied.
For hours the secretary ignored them, hoping that the couple would finally become discouraged and go away.
They didn’t, and the secretary grew frustrated and finally decided to disturb the president, even though it was a chore she always regretted.
“Maybe if you see them for a few minutes, they’ll leave,” she said to him!
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June 20, 2012 2 Comments
Grace Groner was born in the year 1909, in a small farming community, in Lake County-Illinois.She had a twin sister, Gladys. They were orphaned at age 12.The twins were then taken in by George Anderson, one of the prominent members of the community,who later adopted them.He paid for both of them to attend boarding school and later the nearby Lake Forest College. They were always considered “family” by the Anderson family.
Grace graduated in 1931.At the time, it meant a great deal more than it does today to be a lady and a college graduate.After graduation Grace took up a job at the nearby as a secretary,an accomplishment for working women of her generation.She stayed on at Abbott Laboratories for 43 years,till her retirement.For many years Grace lived with Ann Findlay, an elderly relative of George Anderson, in a small apartment in the building that housed the Lake Forest movie theater, which was owned by the Anderson family. Lake Forest,a town just north of Chicago, is one of its richest suburbs. Read more of this post