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The Launch Of Wonder Home Finance, The RK Group’s Newest Venture


Grains, edible oils, utensils, fuels,aromatics, printing, moneylending, cinema,ship chandling etc.etc, a whole hodgepodge of seemingly unrelated businesses of the PSTS, PSTP, PSTC family meant I always knew it was possible for people to be simultaneously present and successful in widely divergent businesses.I also knew that if I listened carefully enough to the insiders,I’d understand the method behind what to outsiders looks like madness in these ventures.Ask me too how PSTS,PSTP&PSTC became shadows of themselves,and I have my views.Unfortunately such study is only good enough to tell me what not to do,what to guard against or insure.And all brakes is no good when you are setting out to build.What I really need in my position today are insights into the habits of P,S &T to which I could attribute their success.And to figure that out,I have nothing more than a few old papers and familylore affected by a few generations of retellings to rely on.And perhaps rely a bit on my gut instincts bred by the DNA we share.

So as luck would have it,when I heard of the story of another family of three brothers,in another small town,in another far corner of the country, that in contemporary times rose from grain to become the largest producers of marble in the world and then went on to set up a state of the art cement manufacturing unit in collaboration with ThyssenKrupp and Pfeiffer with the aim to become the foremost name in premium cement in the country and was now venturing into housing finance ,I simply had to attend the Wonder Home Finance launch event in Jaipur on Aug1 and try to learn as much as I could by keeping my eyes and ears open. Read more of this post

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SBI Credit Cards-Caveat Emptor


wealthymattersThe following is Dhriti Mitra’s story in her own words:

I got a SBI credit card issued for the first time (due to the promotional calls done by SBI for getting a credit card issued at no charge).

I had applied for a SBI credit Card in the month of March 2018 and received the SBI credit card in the month of April 2018. I happen to receive messages from VK-SBICRD that they are unable to issue a credit card due to internal policy. Eventually I got the same message even after receiving the credit
card (last message received on 30th June 2018, 8:14am)wealthymatters Read more of this post

Beware ATM Hacking


If like me, you are forced to increasingly use ATMs, and that too in areas with rampant card-fraud and cloning,as banks reduce working-hours,cut manpower and close down branches,do watch the video below and take the necessary precautions to keep your money safe.

Let Fazza Inspire You


Let the video run a bit,I assure you there is an English translation of sorts after the first half minute.

There are some beautiful words here obscured by bad translation. Wealthymatters readers with knowledge of Arabic,especially of the Khaleeji variety, please use the comments section below to help better the translation.

 

Shiva’s Home vs Kubera’s Kitchen


One day, Kubera paid a visit to Kailasa, the abode of Shiva, the hermit-god, where he met Shiva’s elephant-headed son, the corpulent Ganesha,the god of wisdom.

Kubera thought to himself, “Ganesha clearly loves food and Shiva can clearly not afford to feed him to his heart’s content.”

So as a favor to Shiva, Kubera offered to feed Ganesha one meal.

When Ganesha accepted the invitation and entered Kubera’s kitchen, Kubera said, “Eat to your heart’s content.”

Kubera soon regretted his words.

Ganesha’s appetite was insatiable. He ate everything that was in the kitchen and still asked for more. Food had to be bought from the larder and then from the market. But Ganesha was still hungry. “More please,” he said raising his trunk. Read more of this post

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