Monday, 30 March 2015

10 Things You Should Know About India's Richest Man, Dilip Shanghvi

There is a new entrant to India's richest list. You may not know much about Dilip Shanghvi or his business, but being the richest man in the country takes some doing. Here's a basic list of things you must know about the man who beat Mukesh Ambani to become India's richest man.
1. Dilip Shanghvi is currently India's richest man with an estimated wealth of $21.6 billion according to Bloomberg, a lead of $100 million over Mukesh Ambani.
2. Shanghvi is a first-generation entrepreneur and promoter of Sun Pharmaceutical Industries that he began with an investment of Rs 10,000.
3. Shanghvi is a commerce graduate from Calcutta University and worked as a drug distributor before deciding to make and sell his own drugs.
4. Shanghvi created Sun Pharma in 1982 and opened India's first pharma research and development centre in 1993.
5. After India opened her economy, Shanghvi took the IPO route and took the company public even as the shares were oversubscribed 55 times over.
6. Over the past year itself, Sun Pharma has gained 46 per cent at the stock exchange while last week it went from Rs 883 per share to Rs 1037.
7. Shanghvi has acquired over 16 companies including Ranbaxy, US-based Caraco Pharma and Israeli company Taro Pharma among other.
8. In 2012, he gave up his position as chairman of the company and put Israel Makov, former president and CEO of Teva Pharma, to spearhead the company's global ambitions.
9. Overall, Sun Pharma is now the world's fifth largest pharma company.
10. Apart from pharma, Shanghvi has also invested in energy and acquired a 23 per cent stake in Tulsi Tanti's Suzlon Energy for almost $300 million.

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Tuesday, 24 March 2015

11 Things Young India Must Know (The Millionaire Lifestyle)


"Winners always put in extra effort even when it hurts."
"Preferences are negotiable, convictions are not."
"Less than 5 per cent people have written goals... the balance 95 per cent work for them."
"Where you will be five years from now shall depend on two things: the books you read and the company you keep."

1. Take pride in performance
People who take pride in their performance hold themselves accountable to much higher standards than others do.
They always strive to do the right thing, first time every time.
To them, good is not good enough.

2. Get involved
Remember, 'If we are not part of the solution then we are the problem'.
There are people who have a habit of constantly criticising anything and everything no matter where they are.
They only want to criticize without taking any corrective measures.
However, if you don't want to get involved then you have no right to criticise.
Either get involved or shut up.


3. Always put in extra efforts
If you read through the life history of the most successful people, you will find they have all lived by one principle and that is, "I shall always give more than what I get, to my family, my organisation, my customers and my society".
Winners always put in extra effort even when it hurts.
Nobody has become a champion in this world without putting in the extra effort. It is the extra that turns the ordinary into extra ordinary.
This principle applies to any profession; Medicine, Law, Accountancy, Architecture etc.
Would you want to go to an ordinary Surgeon or to an extra ordinary Surgeon?

4. Take a stand
If you look at the life histories of most great leaders, you will find that they were never neutral.
They always took a stand either for something or against something.
They had conviction.
There is a big difference between a preference and a conviction in life.
Preferences are negotiable, convictions are not.
Under pressure, a preference becomes weak whereas a conviction becomes stronger.

5. Be focused
Studies show that less than 5 per cent people have written goals.
This means that they are the only ones who have a very clear destination.
The balance 95 per cent work for them directly or indirectly.
Think about it -- how can you reach a destination that you don't have?
Suppose you go to watch a football game where both teams are enthusiastically charged up ready to play.
Suppose at this point the referee took the goal post away, what is left of the game? Nothing!
They have no goal post, how do you keep the score?
Destination determines direction.

6. Choose your friends carefully
Sometimes you hear that the leader is good, but his advisers are bad.
This statement is not true.
You will find that all over the world, by and large, leaders always choose their own advisors.
Remember we do not get advisors in life of the kind of people we want, we get the kind of people we are.
We don't get friends of the kind of people we want, we get the kind of people we are.
We get attracted to the kind of people who are similar to the kind of people we ourselves are.
Where you will be five years from now shall depend on two things: the books you read and the company you keep.


Today where we are is also the result of the books we read and the company we kept in the last five year.


7. Build high self esteem
Self esteem is defined as the way we feel about ourselves.
You notice that one day we get up in the morning feeling good, the world looks nice, productivity goes up, relationships are a lot better.
The reverse is just as true.
Self esteem is inversely related to egos.
There are two kinds of egos that are destructive.
'The know it all': people with this kind of ego demonstrate arrogance.
They put down and look down upon others.
Think about it, why does a human being put down other human being?
It is sadistic but true, there are some people who feel good when the other person feels bad.
They feel superior when the other person feels inferior which means they don't want to lift themselves up, but they want to pull others down.
The second kind of ego is called the fragile ego, they take anything you say personally and get hurt.
What do both these egos do to team work?
They just destroy it.


8. Build character
Character is something that a person would or would not do even if no one is watching.
It is integrity and authenticity in its true form.
There is a big difference between reputation and character.
Reputation is what other people think about us whereas character is what we know who we are and they can be two totally different things.
Some people are honest because they don't want to get caught telling lies.
They are doing the right things for the wrong reasons.
They are only building a reputation.
Some people are honest because they believe it's the right thing to do.
They are doing the right thing for the right reason. That is character.

9. Live purposefully
What is a purpose?
A lifetime goal is called a purpose.
How do you define your purpose?
Supposing you are aged 100 today and you were to look back at your life, what is it that you want to say, is your accomplishment?
That accomplishment is your purpose.
Have a lofty purpose in life.
Only a lofty purpose has the power to move the spirit.
Shoot for the moon, even if you miss, you will become a part of the stars.
A great philosopher once said, "I would rather fail in doing something great then succeed in doing nothing".
There is glory in such failure too.

10. Start your day on a positive note
Why should we start our day on a positive note every day?
It is because just as our bodies need food every day, our minds need positive thoughts every day.
Starting the day on a positive note sets the tone for the entire day.
Staying positive is like fire; unless we keep adding fuel, it dies out.
Similarly if we don't feed our minds with positive thoughts, everyday, positivity dies out.
Many times you hear that success is tough.
My answer is: Try failing and see if that is easy!

11. Make courtesy a way of life
A courteous person who is not very sharp will go much further in life than a sharp, discourteous person.
Courtesy is made up of little sacrifices in life.
Every courtesy has a moral background.





The Millionaire Lifestyle




Sunday, 22 March 2015

15 Rules Every Well Dressed Man Should Know (The Millionaire Lifestyle)

If you’re in your 20s, chances are that you’re invited to few weddings, meetings and parties this summer. While the women seem to have it easy with dozens of stores and websites catered to finding the perfect dress, it’s a little more difficult for the guys out there. Sure you can just throw on a suit and go, but do you know all the rules required for wearing the perfect suit? One small error could have you going from dapper to disheveled (okay, maybe not that dramatic, but you know what I mean). No need to fret though, I’ve compiled a list of the 15 rules every well-dressed man should know, so you can go out there this wedding season and conquer the dance floor and attend meetings  looking extremely dashing while doing so.  

1. The width of your tie should always match the width of your lapel. Skinny ties always make a great fashion statement, but pair them with a wide lapel and it could look completely awkward. Choose your lapel according to the look you’re going for. Confused about which one to choose? Thin lapels are more modern, while thick ones are classic (think Mad Men). If you can’t afford to buy a suit each season, I’d stick to the classic, wider look.

    2.  Let’s talk about accessories. Your belt should be fairly thin and should always match the color of your shoes. If you’re wearing a chunky belt, it could take away from the rest of the look. When it comes to a suit, you want everything to blend evenly.

 3.Thinking of rocking a pocket square? I know, it’s a more classic look, but in reality it’s one that lets you add a little bit of your personality to the suit. If you decide to wear a pocket square, make sure it doesn’t match the pattern or fabric of your tie. To avoid being too similar, wear a tie in a solid color with a printed pocket square.


     4.    Always make sure the shoulders fit. The shoulder pads in your jacket should end at your shoulder, this is crucial because the shoulders are the hardest to tailor. Don’t spend all that money on something you won’t end up wearing, unless you’re going for a zoot suit, but please, don’t do that.


     5.   Also, make sure that your suit jacket is long enough to cover the zipper of your pants and your butt.


66.   A gap between the collar of your shirt and your lapel is a signal of an ill-fitting jacket. Make sure the two garments overlap for a polished look.

 7.  You should be able to slip your hand between your chest and your buttoned jacket with it being a bit snug, but with some room to move your hand.
8.    ALWAYS unbutton your jacket before sitting down, you can really risk ruining it if not.

    9.   The top button of a two button jacket (or the middle button of a three button jacket) must fall at or above your belly button.
    10. Not sure how to tie your tie? Go for the classic Windsor knot. Make sure that when tied, the tie should be no longer than the waist of your pants; shorter is ok.

     11. Speaking of ties, always make sure the color of your tie is darker than the color of your shirt.


     12. If you’re going with a single button jacket, a vest could add some class (and warmth for the colder days) to your suit. If you are going for a vest, remember to unbutton the last button. I don’t really know why this is a rule, but it is. Although many men don’t always follow this and still pull the look off perfectly.

     13. Your sleeve cuff should be exposed out of your jacket sleeve about half an inch (about the same amount that should be visible of the back of your collar).


     14. Make sure that your socks are long enough that there is no exposed leg when you sit down.

       15. Finally, the hem of your pants should hit right at the top of your shoe.

 I know, it’s a lot to remember, but a classic, well-tailored suit is a crucial investment and one that you can use for years to come.

The Millionaire Lifestyle