Don’t Break Them


wealthymatters

This is Ratan Tata’s Credo

Keeping promises makes you reliable and trustworthy.It lies at the heart of your reputation as a businessperson.Don’t talk big.Do what you say you will.And soon you will find that people will fight to work for you,to work with you and invest in your businesses.

Facing Criminal Charges…….


wealthymattersToday’s papers are full of Kumar Mangalam Birla being named in a first information report (FIR) related to alleged irregularities in coal block allocations.His is hardly the first prominent name to make it to the news in such fashion.Following is a list of other such names:

Aug 2013
Anil and Tina Ambani summoned as witnesses in the 2G scam case. In Feb 2011, Anil Ambani was subjected to sustained interrogation by the agency.

April 2013
Bharti Airtel chairman Sunil Mittal and Essar Group promoter Ravi Ruia had to submit personal bonds in a CBI special court as guarantees for their appearance in a case related to alleged excess allocation of radio airwaves in 2002.

July 2013
CBI had accused the industrialist MP Naveen Jindal of cheating and graft in one of its FIRs in the coalgate scam. CBI has also booked companies Jindal Steel and Power Limited and Gagan Sponge, which were allotted Amarkonda Murgadangal coal block in Birbhum, Jharkhand in 2008. Read more of this post

Calling A Spade A Spade


“We have lost the confidence of the world. We have been slow to recognise that in the government.”Wealthymatters

Billionaire Matrimonial Alliances


The Serious Business Of Marriage

 

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

Narayana Murthy On Ratan Tata


wealthymatters,comWhat 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.”