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Arun Bhatia Family


wealthymattersIf 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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The Agarwals


Mythologically, the Agarwals trace their origin to Agroha, a small town in Haryana,in North India and regard King Agrasena as their progenitor. A Bania subcaste, the Agarwals are made up of 18 clans, among them the Gargs, Goyals, Bansals, Mittals, Singhals and Jindals. As traders and entrepreneurs,in India, the Agarwal community,like the Chettiars of Tamil Nadu and the Moplahs of Kerala, have no mean reputation  — the community is prosperous and has proven its mercantile mettle over the centuries. Businessmen from Agarwal clans are among the wealthiest in India and include the Bharti Group’s Sunil Bharti Mittal, Vedanta Resources’ Anil Aggarwal, Naresh Goyal of Jet Airways and ArcelorMittal’s Chairman and Chief Executive Officer LN Mittal.

wealthymattersIn traditional business families from such communities, members are used to having strategy for breakfast, accounts for lunch and operations for dinner from an early age.  Even so, the extent of domination by the Agarwal community in the virtual world is astonishing.Even among trading communities, the Agarwals have proven to be especially prolific at launching e-commerce ventures.Even those with a distinguished academic record end up starting their own ventures.The who’s who of e-commerce entrepreneurs is drawn mostly from the ranks of the Agarwals. Companies run by young Agarwal businessmen, among them Flipkart, Snapdeal, Yebhi, and Myntra, account for the majority of sales by Indian e-commerce companies. And last year, for every $100 in funding for e-commerce companies, $40 went to firms founded by an Agarwal.  Read more of this post

Billionaire Matrimonial Alliances


The Serious Business Of Marriage

 

And should the Big Fat Indian Wedding be your thing,try this blog-Link

How India’s Wealthy Are Related By Marriage And Business.


How India's Wealthiest Are Related By Marriage And Business

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Shri Siddhivinayak Maharaj


wealthymatters.comShri Siddhivinayak is one of the popular deities of Mumbai.His temple is located at Prabhadevi.Here is the link to the temple website : http://www.siddhivinayak.org/

The idol of Shri Siddhivinayak here is carved out of a single black stone and is 2’6” high and 2′ wide with the trunk on the right. The upper right and left hands hold a lotus and an axe respectively while the lower right and left hands hold a japmala and bowl full of Modak respectively. As it resembles the sacred thread, a snake appears on the left shoulder to right side belly. On the forehead of deity is an eye, which almost looks like the third eye of Lord Shiva. On both sides of the Lord Ganesh idol, are placed one idol each of Riddhi and Siddhi goddesses who appear to be peeping from behind Ganeshji. Because of these two deities along with Lord Ganesh, this temple is known as the Siddhivinayak Ganapati Temple. These goddesses signify sanctity, success, wealth and prosperity. Read more of this post

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