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Famous Quotes of Dhirubhai Ambani & Ratan Tata

Quotes of Dhirubhai Ambani & Ratan Tata – The legend Dhirubhai Ambani & Ratan Tata are most popular industrialist in India. Both of them could make their dream true. They made a story of a dream so achievable in eyes of the common man. Many young people and aspiring entrepreneurs still follow Dhirubhai Ambani & Ratan Tata.

Dhirubhai Ambani Ratan Tata Quotes

About Dhirubhai Ambani

Dhirubhai Ambani was a one-man show he has built “Reliance” the single largest private sector company. Dhirubhai Ambani was a strong believer of Growth has No limit and the same is true for Reliance. He was a real businessman & true capitalist of India.

About Ratan Tata

Ratan Tata is a true leader & visionary entrepreneur. He was chairman of Tata Group. Under his leadership, the Tata group has grown exponentially. Ratan Tata is a person who turns dreams into reality. Yes, I am talking about his dream project Tata Nano car in 1 lakh Rs/-. It reminds me famous dialog of movie Guru “Sapnay mat dekho, sapnay kabhi sach nahi hote.. mera baapu kehta tha..lekin maine sapna dekha.. aur kya hamara sapna sach hua?” 

In Tribute to Shri Dhirubhai Ambani & Shri Ratan Tata, we are herewith Famous Quotes of Dhirubhai Ambani & Ratan Tata.

Famous Quotes of Dhirubhai Ambani

Dhirubhai Ambani Quote

“Only when you dream it you can do it.”

Think big, think fast, think ahead. Ideas are no one’s monopoly

“Growth has no limit at Reliance. I keep revising my vision. Only when you dream it you can do it.”

“Our dreams have to be bigger. Our ambitions higher. Our commitment deeper. And our efforts greater. This is my dream for Reliance and for India.”

“You do not require an invitation to make profits.”

“If you work with determination and with perfection, success will follow.”

“Pursue your goals even in the face of difficulties, and convert adversities into opportunities.”

“Give the youth a proper environment. Motivate them. Extend them the support they need. Each one of them has infinite source of energy. They will deliver.”

“Between my past, the present and the future, there is one common factor: Relationship and Trust. This is the foundation of our growth.”

“Meeting the deadlines is not good enough, beating the deadlines is my expectation.”

“Don’t give up, courage is my conviction.”

“Often people think opportunity is a matter of luck. I believe opportunities are all around us. Some seize it. Others stand and let it pass by.”

Thanks Sir Dhirubhai Ambani you will always live in our hearts forever.

Famous Quotes of Ratan Tata

ratan tata best quotes

“I dont believe in taking right decisions..I take decisions & then make them right..” So always believe in ur ability & efforts… ”

I admire people who are very successful. But if that success has been achieved through too much ruthlessness, then I may admire that person, but I can’t respect him.

It is easy to become a number one player, but it is difficult to remain number one. So, we will have to fight with a view to remain number one.

All of us don’t have equal talent. Yet all of us have an equal opportunity to develop our talents.

Barriers to innovation are usually in the mind.

Never Compromise on Ethics.

Ups and Downs in life are very important to keep us going, because a straight line in even in ECG means we are not live.

Thanks Sir Ratan Tata we wish you long and healthy life.

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Dhoom 3 teach us personal finance lesson

Dhoom 3

Dhoom3 movie featuring Amir Khan in negative role is making dhoom with record box office collection of 200 Cr in just 4 days. Bollywood’s Mr Perfectionist Aamir Khan has certainly regained his top position by dhoom 3. Major attraction of dhoom 3 is bike and robbery.

Dhoom 3 broke several records on its opening days in India and abroad, Box office India declared Dhoom 3 “the biggest hit of 2013” after two days of release. It’s always fun in watching movie of Amir Khan. Apart from fun this movie gives very good message on personal finance.

Dhoom 3 Story:-

The film starts in the year 1990 when Iqbal Haroon Khan (Jackie Shroff) runs a circus – The Great Indian Circus in Chicago, which has fallen on bad times. Anderson’s (Andrew Bicknell) bank, Western Bank of Chicago, which has lent money to Iqbal Khan, decides to close down the circus when he is unable to repay the loan. Young Sahir (master Siddharth Nigam), the little son of Iqbal Khan, pleads with Anderson not to shut down his father’s circus as he and his father would soon be able to turn the corner. But Iqbal Khan’s presentation before the bankers and Sahir’s please don’t help. Iqbal Khan commits suicide in front of the heartless Anderson, leaving Sahir devastated.

Years later, Sahir (Aamir Khan) has still not forgotten the high-handedness of the bank and swears revenge. He loots various branches of Western Bank of Chicago, leaving behind a message in Hindi & a clown mask. He uses his acrobatic circus skills to escape. Unable to catch him, Chicago Police calls in ACP Jai Dixit (Abhishek Bachchan) and his partner, Ali (Uday Chopra), for help in solving the case. Jai baits Sahir into robbing again by making it known he’s on the case and he believes the thief is an amateur. Sahir poses as an informant for Jai, and manages to gather information on the bank while giving Jai a lead to follow. Eventually, Sahir robs the bank and escapes, but Jai & Ali follow him. During the pursuit, Jai manages to shoot Sahir in the shoulder before he disappears again. Sahir has the big premiere of The Great Indian Circus with his female lead acrobat, Aaliya (Katrina Kaif), involving a trick with him disappearing in one place and showing up in another. The show is a success, but afterwards, Jai, Ali, and the police surround him, knowing he’s the thief. Jai says the proof is the gunshot wound Jai inflicted in Sahir, but when Sahir is examined, there is no evidence of a gunshot wound anywhere in his body. Jai & Ali leave while Sahir retires to his dressing room. It’s then revealed that Sahir has a twin brother, Samar, who helps him pull off his trick and rob the banks, and it was Samar who sustained the gunshot wound.

They robed bank several times. Finally Due to fear of robberies, Bank of Chicago closes its operations & movie ends with

Personal Finance lesson from Dhoom 3 –

Dhoom 3 Teach us following lessons on personal finance.

  • Never take excessive loan. Consider your financial position & ability to repay before taking any loan.

Iqbal Haroon Khan (Jackie Shroff) has taken excessive loan for running Great Indian Circus.

  • If you take any loan make sure to pay that loan in time. Never default.

Iqbal Khan (Jackie Shroff) defaulted & commits suicide.

  • Don’t believe on unknown person blindly while taking important financial decision in life.

ACP Jai Dixit (Abhishek Bacchan) blindly believes in Sahir (Amir Khan) and disclosed new security system of bank to him.

Don’t forget to watch Dhoom 3 movie and yes remember personal finance lessons given here from movie dhoom 3.

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Watch Dhoom 3 Trailar on youtube.

Inflation Indexed National Saving Securities (IINSS-C) Review

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Inflation Indexed National Saving Securities

Inflation is eroding value of your money. Now do not let inflation erode the value of your money. Earn 1 .5 percent more than the inflation rate. Government of India has come up with new investment option called as Inflation Indexed National Savings Securities Cumulative (IINSS-C) bond scheme that will protect your savings from inflation and allow you to earn more interest on your savings. 

Eligibility for Investment –

The Bonds may be held by

  • Individual, not being a Non-Resident Indian-
  • Hindu Undivided Family (HUF)
  • Charitable Institution 

Limit of Investment –

Minimum limit for investment in the bonds is 5,000 Rs/- and maximum limit for investment is 5 lakh Rs/- per applicant per annum.

Rate of Interest – 

The Bonds will bear interest at the rate of 1.5% (fixed rate) per annum + inflation rate calculated with respect to final combined Consumer Price Index [(CPI) Base; 2010 = 100]. Final combined CPI will be used with a lag of three months to calculate incremental inflation rate (i.e. final combined CPI for September would be used as reference CPI for all days of December). Interest will be compounded with half-yearly rests and will be payable on maturity along with the principal.

There will be two parts in the interest rate. One, fixed rate of 1.5% per annum and second, inflation rate.

For example, if inflation rate during the six months is 5%, then interest rate for this six months would be 5.75% (i.e. fixed rate -0.75% and inflation rate -5%).

Tax Treatment –

Income Tax: Interest on the Bonds will be taxable under the Income-Tax Act, 1961 as applicable according to the relevant tax status of the bonds holder.

For example: If the inflation rate is 8% and the interest income is Rs 475 on Rs 5,000 (the face value), an investor falling in the 30% tax bracket would pay tax of Rs. 146.77 (30.90%). So, the net interest income becomes Rs.328.22. This amount is 6.56% of the invested amount; a rate below the inflation rate of 8%. 

Should I Invest? 

Before investing in Inflation Indexed National Saving Securities you must consider following facts – 

  • Looking at current inflation rate you will find this bond attractive but tax treatment of these bonds makes it unattractive compare to other investment option available in market.
  • Remember inflation rate is always fluctuating and when the inflation rate comes down bond may lose its sheen. If inflation rate reduced to 6-7% than Inflation Indexed National Saving Securities end up giving you lower return compare to FD.

To get more idea checkout historic CPI inflation data given below (Reference – inflation.eu)

Inflation history india

  • Like other tax saving bonds you cannot trade these bonds in secondary market.
  • Bond Tenor is 10 years Early repayment/redemption before the maturity date is allowed after one year of holding from date of issue for senior citizens i.e. 65 years and above of age, and  for all others after 3 years of holding, subject to the penalty charges at the rate of  50% of the last coupon payable. Early redemption to be allowed only on coupon dates.

Factor mentioned above makes Inflation Indexed National Saving Securities not suitable for investment.

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Top 100 Wealth Creator Stocks -2013

Top 100

Motilal Oswal is leading financial service provider in India.  Recently motilal oswal group has presented 18th Wealth creation study report (2008-2013). We here with crisp excerpt of report including Top wealth creator stock from 2008-20013.

Report Highlights –

  • Uncommon Profits in companies – Uncommon Wealth Creation in stock markets.
  • Successful Emergence of Value Creators is very rare; a strong corporate-parent in a non-cyclical  business significantly increases the probability.
  • Endurance of Value Creators is mainly threatened by disruptive innovation/competition, major regulatory changes, and capital misallocation.
  • State-owned companies have become marginalized in Wealth Creation with their share collapsing from 51% in 2005 to 9% in 2013.
  • The worst is over for Indian equities; the risk-reward equation is favorable for long-term investing.

Most Interesting part I find in this report is comparison of Mission Mars v/s Mission Enterprise.

Mangalyaan and Uncommon Profits: Mission Mars v/s Mission Enterprise

Emergence of new enterprises in the business space may well be compared with launch of Mangalyaan (India’s Mission Mars-Craft) into outer space!

Mission Mars: Mars is 750 million km from Earth! Mangalyaan is designed to complete this journey in 300 days which means a mind-boggling speed of 2.5 million km per day or 30km per second! This kind of speed creates its own problems, and there are lot of dangers of the spacecraft’s very survival.

Mission Enterprise: The entrepreneur’s journey is also a very long one into the future. The launch of a business is almost like the launch of Mangalyaan.

A successful Mission Mars brings tons of rich scientific data back to Earth. A successful Mission Enterprise brings tons of Uncommon Profits for the company, and also makes investors rich by Uncommon Wealth Creation.

MOSL identified and analyzed top 100 wealth creators in Indian Stock market for period of 2008 to 2013.

Top 10 Wealth Creator stocks

Top wealth creator

Top 10 Fastest Wealth Creator stocks

fastest wealth creator

Top 10 Consistent Wealth Creator stocks

Consistent Performer

 

 

 

 

 

 

 

 

Top 100 Wealth Creator Stocks

1 TCS

2 ITC

3 HDFC Bank

4 Infosys

5 Sun Pharma

6 ONGC

7 HDFC

8 Tata Motors

9 Hindustan Unilever

10 Wipro

11 HCL Technologies

12 Asian Paints

13 M & M

14 ICICI Bank

15 Nestle India

16 State Bank of India

17 Hinustan Zinc

18 UltraTech Cement

19 Kotak Mahindra Bank

20 Lupin

21 Axis Bank

22 Godrej Consumer

23 Dr Reddy’s Labs

24 Cairn India

25 Wockhardt

26 Titan Inds

27 Hero Motocorp

28 Bosch

29 Grasim Inds

30 GSK Consumer

31 IOCL

32 IndusInd Bank

33 Dabur India

34 Oracle Financial

35 Bank of Baroda

36 United Breweries

37 Cipla

38 Castrol India

39 BPCL

40 Cadila Healthcare

41 Colgate-Palmolive

42 Maruti Suzuki

43 Shree Cement

44 Pidilite Inds

45 GSK Pharma

46 Yes Bank

47 Marico

48 REC

49 Zee Entertainment

50 Ambuja Cements

51 Shriram Transport

52 Apollo Hospitals

53 LIC Housing Finance

54 Cummins India

55 Motherson Sumi

56 M & M Financial

57 Emami

58 United Spirits

59 Piramal Enterprises

60 ACC

61 Eicher Motors

62 P & G Hygiene

63 Canara Bank

64 Punjab NatlBank

65 Berger Paints

66 Havells India

67 Ipca Labs

68 Exide Inds

69 Tech Mahindra

70 Petronet LNG

71 Divi’s Lab

72 Kansai Nerolac

73 Torrent Pharma

74 Bhushan Steel

75 Federal Bank

76 Blue Dart Express

77 Sanofi India

78 CRISIL

79 MphasiS

80 Strides Arcolab

81 Shriram City Union

82 Bayer Crop Science

83 Gillette India

84 Sun TV Network

85 Bata India

86 Sundaram Finance

87 ING Vysya Bank

88 Amara Raja Batteries

89 TTK Prestige

90 Gitanjali Gems

91 Union Bank

92 Coromandel Inter

93 Dish TV

94 MRF

95 Bajaj Finance

96 Supreme Inds

97 Page Industries

98 GRUH Finance

99 Mcleod Russel

100 Britannia Inds

As per me MOSL has done wonderful job and this analyses will surely help stock market investor.

Download – 18th Wealth Creation report by Motilal Oswal