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Showing posts from December, 2018

Sterlite spending Rs. 100 crore in Thoothukudi

Today in ET the news said this. Total consolidated revenue for the FY ending Mar 2013 was Rs.48,379 crore. Thus as per 2013 standard the company is investing around 0.21 % of its revenue  for the Social Infrastructure of Thoothukudi. Tax paid by Sterlite in 2013 is Rs. 1,618 crore.  That amount is 1600% higher than the Rs.100 core earmarked for this purpose. Looking at it in another angle, Sterlite is paying an additional Tax.However, instead of routing it through the government, it is directly investing the amount in it's local community. Just a passing thought.

Build an A Team

http://www.berkshirehathaway.com/letters/1989.html "When I call off the names of our managers - the Blumkin, Friedman and Heldman families, Chuck Huggins, Stan Lipsey, and Ralph Schey - I feel the same glow that Miller Huggins must have experienced when he announced the lineup of his 1927 New York Yankees." === Warren Buffett had an amazing team of leaders in the organisations that he invested in. He continuously lauded them and attributed his success to their dedication and commitment. In our organisations are we building an A Team? Do we have dedicated and committed team members? If you are a Business Owner (or want to be one in the future) and not a Job Owner, then your first task should be to build up enough revenue per month to start looking for a A Team. Your team is what will help grow your organisation to great heights. You need to build a trusted close team of comrades who will take the organisation to great heights. It is quite difficul...