WHY RATAN TATA'S NAME IS NOT ON THE BILLIONARES LIST by Entrepreneur.Ravinder Singh

Here is a Real Story of Ratan Tata:


So many people around the world want to know that "What is the Net Worth of Ratan Tata"?

TATA Group is running 96 businesses and out of which 28 Companies are publically listed on the various stock exchanges.
Tata Group is world's top 50 Group according to Market capitalization and Reputation.

Have you ever thought why Ratan tata's name is not in the list of
billionaire' s club? why Ratan Tata is not a billionaire on the Forbes magazine list of billionaire people of the world?

The reason is that, TATA Group's 96 companies are held by its main Company "TATA Sons" and the main owner of this TATA Sons is not Ratan Tata but various charitable organizations developed and run by TATA Group.

Out of which JRD TATA Trust & Sir Ratan Tata Trust are the main. 65% ownership of TATA Sons which is the key holding company of the other 96 TATA Group Company is held by various charitable organizations.

So this 65% ownership ownership of Tatasons Limited is not reflected on Ratan Tata's personal Financial Statement but on the various charitable organizations. and this is the reason why Ratan Tata is not in the list of Billionaire club.

if we put this 65% ownership of Tata Sons in Ratan TATA's own personal financial statement then Ratan Tata's Net worth can become more than $ 70 billion. and that's much more than the Warren Buffet's Current Net Worth of $ 62 billion, the world's richest person according to Forbes magazine 2008.


However, it doesn't mean that Ratan Tata is poor. In one interviews he had told the reporter that, "I have my own Capital". He is the chairman of Tata Group so obviously he earns lots of money every year as a bonus, remuneration and salary. However, Ratan Tata's Net worth is not $ 1 Billion.

He is not a billionaire on paper. but in reality he is the richest
person of the world. His net worth in reality is more than Bill Gates and Warren Buffet.

SO the good thing about Tata Group is that, They do Charity out of their Money...

And that is the reason TATA Group has generated so much of Goodwill over last 5 generations.

Prime Minister.Manmohan Singh Ji (Resume)

Can anyone beat this resume ?
Once can hardly find very few world leaders can compete with resume.
RESUME

EDUCATION /Qualification:

Stood first in BA (Hons), Economics, Panjab University, Chandigarh,
1952.
Stood first in MA (Economics), Panjab University, Chandigarh,
1954.
Wright's Prize for distinguished performance at St John's College,
Cambridge, 1955 and 1957.
Wrenbury scholar, University of Cambridge,
1957.
DPhil (Oxford), DLitt (Honoris Causa); PhD thesis on India's
export competitiveness.

OCCUPATION /Teaching Experience:

Professor (Senior lecturer, Economics, 1957-59.
Reader, Economics, 1959-63.
Professor, Economics, Panjab University, Chandigarh, 1963-65.
Professor, International Trade, Delhi School of Economics,Universit y of Delhi, 1969-71.
Honorary professor, Jawaharlal Nehru University,New Delhi,
1976 and Delhi School of Economics, University of Delhi,1996 and CivilServant.

Working Experience/ POSITIONS:

1971-72: Economic advisor, ministry of foreign trade.
1972-76: Chief economic advisor, ministry of finance.
1976-80: Director, Reserve Bank of India.
Director, Industrial Development Bank of India.
Alternate governor for India, Board of governors, Asian Development Bank.
Alternate governor for India, Board of governors, IBRD.
November 1976 - April 1980: Secretary, ministry of finance (Department
of economic affairs); Member, finance, Atomic Energy Commission; Member, finance, Space Commission.
April 1980 - September 15, 1982: Member-secretary, Planning Commission
1980-83: Chairman, India Committee of the Indo-Japan joint study
committee September 16, 1982 - January 14, 1985: Governor, Reserve Bank
of India.
1982-85: Alternate Governor for India, Board of governors,
International Monetary Fund.
1983-84: Member, economic advisory council to the Prime Minister.
1985: President, Indian Economic Association.
January 15, 1985 - July 31, 1987: Deputy Chairman, Planning Commission.
August 1, 1987 - November 10, 1990: Secretary-general and commissioner, south commission, Geneva.
December 10, 1990 - March 14, 1991: Advisor to the Prime Minister on
economic affairs.
March 15, 1991 - June 20, 1991: Chairman, UGC.
June 21, 1991 - May 15, 1996: Union finance minister.
October 1991: Elected to Rajya Sabha from Assam on Congress ticket.
June 1995: Re-elected to Rajya Sabha.
1996 onwards: Member, Consultative Committee for the ministry of finance.
August 1, 1996 - December 4, 1997: Chairman, Parliamentary standing
committee on commerce.
March 21, 1998 : Leader of the Opposition, Rajya Sabha.
June 5, 1998 : Member, committee on finance.
August 13, 1998 : Member, committee on rules.
Aug 1998-2001: Member, committee of privileges 2000 onwards: Member,
executive committee, Indian parliamentary group.
June 2001: Re-elected to Rajya Sabha.
Aug 2001 : Member, general purposes committee.
May 22, 2004 onwards: Prime Minister of India.
BOOKS:
India's Export Trends and Prospects for Self-Sustained Growth -Clarendon
Press, Oxford University, 1964; also published a large number of
articles in various economic journals.

OTHER ACCOMPLISHMENTS:

Adam Smith Prize, University of Cambridge, 1956
Padma Vibhushan, 1987
Euro money Award, Finance Minister of the Year, 1993;
Asia money Award, Finance Minister of the Year for Asia, 1993 and 1994

INTERNATIONAL ASSIGNMENTS:

1966: Economic Affairs Officer
1966-69: Chief, financing for trade section, UNCTAD
1972-74: Deputy for India in IMF Committee of Twenty on International
Monetary Reform
1977-79: Indian delegation to Aid-India Consortium Meetings
1980-82: Indo-Soviet joint planning group meeting
1982: Indo-Soviet moni toring group meeting
1993: Commonwealth Heads of Government Meeting Cyprus 1993: Human
Rights World Conference, Vienna

RECREATION:
Gymkhana Club, New Delhi; Life Member, India International Centre, New
Delhi

Name: Dr Manmohan Singh
DOB: September 26, 1932
Place of Birth: Gah (West Punjab)
Father: S. Gurmukh Singh
Mother: Mrs Amrit Kaur
Married on: September 14, 1958
Wife: Mrs Gursharan Kaur
Children: Three daughters

1931 BRITISH INDIA One Quarter Anna BOMBAY Mumbai MINT..I Have...Ravinder Singh

This is a beautiful red uncirculated One Quarter Anna from British India. Struck at the Bombay (Mumbai)Mint and dated 1940 during the reign of George VI who was the king of Great Britain and Emperor of INDIA.

Weight: 4.42 Gram, 25 milimeter,bronze. Standard catalog of world coins by krause-mishler#531

who invented Yahoo........By Entrepreneur.Ravinder Singh

Founded==> Santa Clara, California(March 1, 1995)
Headquarters==> 701 First Avenue Sunnyvale, California, USA

Co-founder==> Jerry Yang,David Filo,

Industry==> Internet, computer software

Revenue==>▲$7.22 billion USD (2008)
Operating income==>▲$4.13 billion USD (2008)
Employees==>15,200 (2008)
Website www.yahoo.com

Dr. Vijay Mallya

Born === December 18, 1955 (age 53)on Bantwal, Karnataka, India
Occupation ===Rajya Sabha MP, Chairman- United Breweries Group, Kingfisher Airlines, Force India, Royal Challengers Bangalore, United Racing and Bloodstock Breeders
Net worth ▲US$1.2 billion

Achievements
1.Establishment of Mallya Hospital in Bangalore. The hospital is located in Vittal Mallya Road, named after his father.
2.Helped to fund the Mallya Aditi International School, a prestigious private school in Bangalore.
3.Initiated the development of prized real estate UB city, in the heart of Bangalore. The project hosts corporate offices, retail and service apartments.

Expensive Thinking.......by Ravinder Singh

PLAN while others are playing.


STUDY while others are sleeping.


DECIDE while others are delaying.


PREPARE while others are daydreaming.


BEGIN while others are procrastinating.


WORK while others are wishing.


SAVE while others are wasting.


LISTEN while others are talking.


SMILE while others are frowning.


COMMEND while others are criticizing.


PERSIST while others are quitting.

COLLEGE DAYS

(kab milnge naa jane hum
yaaron fir se sabhi
laut kar ab naa aayege woh masti bhare din kabhi
ho dil ye apna kahe ki ae doston )-2


(i am really gonna miss this place
i am gonna miss my college days)-2

yaad hai woh saare lactures
humne jo bunk kiye the
proxy kaa pakda jaana
ho lafde kya kam kiye the

milke likhna woh journal
or submission last minut par
exams ki woh taiyaari
ho likna woh 3 ghante
or bahar aake woh kehna
saala kya bekar paper set kiya tha yaar

milta 1st class kabhi yahan
to lagti thi KT kabhi
laut kar ab naa aayege woh masti bhare din kabhi
ho dil ye apna kahe ki ae doston
(i am really gonna miss this place
i am gonna miss my college days)-2

yaad aayege tachers humko dil se humesha
yaad aayega ye campus or iski apni duniya
ho yaad aayega humesha ye aashiyaan
(i am really gonna miss this place
i am gonna miss my college days)-4

This is my Dream car come true on 6 Aug 2009

Price: 11.58lakh

On-road price = Ex-showroom price + Road-tax + Insurance =====>11,87,417

0-100kmph: 16.2sec
Top Speed: 152kmph (achieved)
Mileage: 10.7kmpl (City); 14.4kmpl (Highway)

For: Ride; Image; Comfort
Against: Refinement; Handling; Interior quality

Standard Features
Feature Availability
Air Conditioner yes
Power Windows yes
Power Steering yes
Anti-Lock Braking System yes
Air-Bags (Driver | Passenger) yes/yes
Leather Seats yes
CD Player yes


Specs Availability
Overall Length 4650 mm
Overall Width 1918 mm
Overall Height 1925 mm
Kerb Weight 2170 kg
Mileage (Overall) 11.4 km/liter
Seating Capacity (person) 7 person
No of Doors 5 door
Displacement (cc) 2179 cc
Power 140 PS @ 4000 rpm
Torque 320 Nm @ 1700 rpm
Transmission Type Manual
Gears/Speeds 5 Gears
Minimum Turning Radius 6 meter
Tyres 235/70 R 16, 105 S

E-learning is likely to grow at 90% annually worldwide by IBM survey

Electronic-commerce
Business was once conducted by barter. Money was invented to make it easier but business was still conducted face-to-face. Then along came the telephone and buying and selling could be carried out at the end of a cable. People no longer had to actually go to the market. E-commerce is an extension of that cable. These days you can conduct business without in reality handling goods or cash.

But e-commerce is much more that merely a substitute for traditional shopping. E-commerce operates from business to consumer and business to business. Business-to-business e-commerce goes further and includes electronic data exchange or interchange (EDI), a speedy, automated system of information exchange between companies who work closely together. Another example is standardization of specifications within a given field, for ease of price calculations in a competitive market.

E-commerce is an ideal medium. Sending data over a network is more efficient and much faster than “traditional” methods and thus, far more cost effective.


E-business
This is really nothing more than using the Internet and its related technologies to conduct normal business operations. Whether in advertising, sales, purchasing, human resources, marketing or management, the Internet can be used to increase productivity, reduce costs and thus increase turnover. In other words it’s a management tool. And what’s more, it’s a management tool that is accessible to all businesses, whether a one-man-operation or a large corporation.

E-banking or net banking
This is one of the management tools of e-business. It provides efficiency for banks and businesses and convenience for individual customers. All banking functions can be carried out via the Internet: checking the status of accounts, transferral of funds between accounts, carrying out financial transactions, even using the account for online purchases.

The effect of Internet on business

We’ve all heard the saying “It’s a small world”. Internet has indeed made the world even smaller and brought people closer. Perhaps not physically, but certainly in a virtual sense. With its communication advantages, the Internet revolution has touched practically every aspect of our private and professional lives. There is no doubt that its effects will grow. Communication costs will reduce. Travel time and costs will reduce as electronic data transfer increases. Information availability will explode even further and education will be available to remote areas. Trade via Internet will rapidly increase. The market will expand and be easier to reach.


One thing is for sure – this is just the beginning!