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MIT Technology Review

March 5, 2013 2 Comments

wealthymatters

Keeping abreast of technology is a great way to build wealth.By adopting appropriate technology faster you could increase your personal efficiency and remain competitive.The same goes for your businesses.

If you have a knack for foreseeing how the technological breakthroughs of today will pan out tomorrow, you could make a pile out of investing in stocks and start up-companies.

If you are a technocrat, and have a head for business,perhaps you could be inspired to start a hi-tech start-up of your own?

However you choose to use technology,here is a site to help you keep up with technology breakthroughs:Link.And don’t worry,even if math and science were bugbears in school,you’ll find this site easy reading.

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Office Space Solutions

March 1, 2013 4 Comments

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Real estate is expensive in India.Period.And rates can verge on the ridiculous in places like Mumbai.To add to the woes,renting/leasing is not so easy,if you are not an established business.

That said,I am of the school of bootstrappers who choose not to put down any money till cash starts flowing into the business. So its work out of home/the garage/hotel etc. till a business justifies rents or purchase of property. After all with a mobile phone,laptop and vehicle,its possible to get a lot done at no extra expense.

But there comes a time, when a semblance of an office,means that potential vendors or customers take you a little more seriously.At such times,here are 2 options you could try out: Read more of this post

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Effective Personal Income Tax Rates In The Last Decade

March 1, 2013 Leave a comment

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Arun Bhatia Family

March 1, 2013 3 Comments

wealthymatters If you have been following the Air Asia JV in India,you are bound to have come across the company Telestra Tradeplace. If you are curious to read more about the people behind this obscure company,continue reading this post.You will definitely get to know more about how business is actually done.

According to filings with the Registrar of Companies,Telestra Tradeplace was registered in August 2001.It has a paid up capital of Rs 1 lakh and made a profit of Rs 31.09 lakh in the year ended March 2012 as against Rs 52.9 lakh a year ago. The company has invested around Rs 1.5 crore in Cavim Realty, indicating an interest in the real estate business.As of September 2012, the Bhatia family owns the entire shareholding of the firm. Read more of this post

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More About Tony Fernandes

February 23, 2013 1 Comment

wealthymatters If you have just recently begun hearing about Tony Fernandes of Air Asia in terms of the new JV in India,and want to know a little more about him,here is an interview from Indonesia.It makes for interesting viewing and gives an insight into his mind.This could prove to be useful if you are trying to estimate how this JV will effect your airline stocks.Also there is much material for entrepreneurs to mine for nuggets to improve their own businesses. Read more of this post