Well Said @KotakSecurities #KotakMidCapMeet15


wealthymattersGreat to hear Mr Kamlesh Rao,CEO Kotak Securities, state at the @KotakSecurities ‪#‎KotakMidCapMeet15‬ @GrandHyattMum that social media is probably the greatest source of banking developments these days. Eg the competition to cheques and debit cards is the mobile wallet.

‪#‎KotakMidCapMeet15


wealthymattersAt the @KotakSecurities ‪#‎KotakMidCapMeet15‬ ,Grand Hyatt Mumbai

‪#‎KotakMidCapMeet15


Kotak SecuritiesHappy to accept the invitation to @KotakSecurities ‪#‎KotakMidCapMeet15‬ tomorrow. I’m honoured to be one of only 2 finance bloggers to be invited, Mr Sandip Sabharwal being the other.

Looking Forward to hearing Mr Nilesh Shah, Mr Kenneth Andrade and hopefully Mr Sandip Sabharwal speak on mid-caps.

My friend and fellow blogger, Bhavikk Shah has already sent me his question to ask Mr Andrade , should I get the chance.

And I extend the same chance to all my readers. Please comment your questions below. Should I get the chance, I’ll try to get your queries answered by these ace investors.

It’s Glorious To Be Rich


wealthymattersThe richest 1% of Indians own 53% of the country’s wealth, according to the latest data on global wealth from Credit Suisse. The richest 5% own 68.6% of the country’s wealth, while the top 10% have 76.3%.

India’s richest 1% owned just 36.8% of the country’s wealth in 2000, while the share of the top 10% was 65.9%. Since then the richest have managed to steadily increase their share of the pie, as the chart shows. This happened during the years of the National Democratic Alliance (NDA) government from 2000-04, during the first United Progressive Alliance (UPA) government backed by the Left, during the second UPA tenure and now in the first year of the Modi government; the share of the top 1% has now crossed 50%. The colour of the government has been no impediment to the steady rise in the riches of the wealthy. Read more of this post

#ITforParivahan : Ride-Safe @nitin_gadkari , @MORTHIndia , @vinit_goenka , @TVMohandasPai


#ITforParivahan wealthymatters#ITforParivahan is a government initiative to crowd source ideas for use of IT in transportation.

Ride-Safe, is my idea for ensuring the safety of women in public transport. It is a comprehensive, personalized, modernized and extended take on the emergency safety chains found in all Indian train compartments. Should you have ideas for improving my idea, please be sure to comment them below. Ride-Safe is my submission to #ITforParivahan.

Ride-Safe calls for: 1)A physical SOS button on cell phones,2)An electronic number plate on all vehicles used in public transport And 3)A remotely operated vehicle slow-down unit in all vehicles used in public transport. Read more of this post