BITCOIN AND CRYPTOCURRENCY SIMPLIFIED

Bitcoin & Cryptocurrency

For a long time, I have been hearing about Bitcoin and Cryptocurrency. Perhaps, for that reason, my curiosity to know about these two terminologies has increased to a greater extent. So, I tried to put my nose on to it just to acquire knowledge as much as I could. After a bit research, I have come up with few things that I think I must share with my readers. The advantage that you are going to get after reading this article is, you will have a basic idea about Bitcoin or Cryptocurrency and how it works.

INTRODUCTION:

First and foremost, Bitcoin and Cryptocurrency are two different words. Cryptocurrency is a cryptographed digital currency. It is encrypted with secret codes just to ensure three things, secured transaction, controlled re-creation and verified transfer of funds. It also has two other names which are, virtual currency or alternative currency, this means, it is not a physical currency. On the other hand, bitcoin is just a type of Cryptocurrency. The concept of Cryptocurrency was first described by Wei Dai in 1998. But the bitcoin was designed and created by an unknown figure, called, Satoshi Nakamoto in the year 2009.

HOW BITCOIN WORKS:

Since bitcoin is a digital currency, its transactions and exchanges are completely digital. Now, you may have a question in mind like, how can someone measure the legitimacy of such transactions? Means, you have a bitcoin, and you want to give it to your friend John. Now, how can John be assured that you haven’t already sent it to your friend Harry as an email attachment earlier or you have already made several copies of your bitcoin and stored it on your computer? Or probably, you had put it up on the internet and thousands of people already downloaded it.

Bitcoin and cryptocurrency

To overcome the issue, the creator of bitcoin came up with a solution, which is, Blockchain. It is nothing but a digital ledger. It keeps the records of all transactions that take place digitally. And to root out any discrepancies or probable anomalies and frauds, this digital ledger is not specifically placed in a certain place in a certain computer. Rather, each and everyone present in that Blockchain, manage and maintain that ledger under open distributed ledger system. Anyone can participate in that network. Moreover, one has to be within the system, to be a part of the system or that network. And, by participating and contributing towards the updating and maintaining of the digital ledger or the Blockchain one can receive bitcoin as a reward. In fact, it is the only way to create more bitcoins in the system, which they call it, Mining.

CONCLUSION:

Bitcoin carries a high value, and its value increases day by day. The reason is, less in supply and high in demand. Moreover, there is another reason for its popularity, that is, the identities of the transacting parties always remain hidden. Still, there are debates going on between various groups whether it is useful or not. But with the way the technology is advancing, maybe one day, the whole world will accept bitcoin as a Global Currency. Till then, just wait and watch.

Rotomac Scam – another multi-crore scam brought to light after Nirav Modi Case

Rotomac Scam

After the media stormed the news of the Nirav Modi case, there is yet another scam that has come to the headlines. Vikram Kothari, the Rotomac promoter had taken the public sector banks for a ride from 2008 to 2013. They too had got foreign letters of credit (FLCs) and made payments to their buyers abroad. They worked from virtual offices located in Hong Kong, Dubai, and Sharjah.

rotomac Scam

Rotomac Scam- How it all started?

The company of Rotomac Global Pvt Ltd is engaged in intermediary trade and the making of pens. They had approached seven banks including the international business branch of Bank of Baroda at The Mall, Kanpur and sought a credit of around Rs 15 crore to Rs 200 crore in that tenure. For import and export, Bank of Baroda has been cheated by around Rs 456 crore.

Instead of paying off buyers and sellers, the amount went back to the Rotomac owners and their sister companies. For instance, Rs 15.50 crore went in packing credit and was disbursed to their current account for executing an export of $4.2 million. This was remitted to other accounts of the company through RTGS.

Bank of Baroda had given a packing credit of Rs 34 crore for export orders from Starcom Resources PTE Singapore to supply 15,700 tons of wheat. The amount got remitted to an account of the Bargadia Brothers Pvt Ltd. CBI lodged an FIR stating that the company got around Rs 16 crore from Bargadia right after this incident. This shows that there was no export made and the packing credit was in fact multi-utilised.

Laidback approach led to scam

The information had come from Bank of Baroda when they took action after knowing about the Nirav Modi case. The public sector bank didn’t take any action in the last two years even after facing a 6,172 crore rupee forex scam in 2015 when the amount was sent to Hong Kong from India and the goods were supposed to be cashew nuts, rice, and pulses. Nothing was imported to the country and the money got deposited in 59 accounts under different firms.

The scam was not brought much to light in 2015, but the assistant general manager of Bank of Baroda, Mr. S. K. Garg was arrested by CBI. The head of forex division Mr. Jainesh Dubey was also arrested.

Bank of Baroda delayed their action against Rotomac. On February 17, they filed a case and tagged six other banks with them.  As the account of Rotomac is quite high, the actual amount of fraud hasn’t yet been detected. CBI fears that the directors and guarantors might soon elope from the nation to skip legal charges.

The public money is much at stake after such disappearances like Nirav Modi’s case which has scammed Punjab National Bank with 11,400 crores. Our country is quite distressed due to these high-priced criminal cases and the authorities need to check a lot to bring law and order in balance.

You may also like to read my other article – WANT A GOOD RELATIONSHIP? HERE ARE THE TOP 10 SECRETS

The Rise and Fall of Nirav Modi – A Mastermind Behind The Biggest Banking Fraud Of India

Immediate action for cancellation of the passport, seizure of properties worth Rs. 1300 crores, and look out notice from central investigation agencies, all these stories are related to celebrity jewelers and billionaire diamond merchant, Nirav Modi.

Nirav Modi

 

Nirav Modi has become the talk of the town since India’s biggest banking scam worth of over Rs.11,000 Cr came into limelight.

Nirav Modi – Early Start:

Nirav Modi (47) was born in Antwerp, Belgium. He did his schooling there and at the age of 19, he settled down in Mumbai. He then started working with his uncle in the trading business of polished diamonds for 10 years.

Nirav Modi

The Rise:

In 1999, he established a company named Firestar Diamond with 15 employees. In 2002, this company became a jewelry contract manufacturer for a diamond customer. Later in the year 2005, they have managed to buy a jewelry marketing and distribution business company in the United States. This deal gave them the relationships, style, and the account codes of the retailers in the United States.

Nirav Modi

Nirav Modi

Later in 2007, Nirav Modi had bought another company named Sandberg & Sikorsky. This company was the oldest bridal jewelry manufacturing company. In the year 2009, he opened his companies’ marketing offices in Antwerp, Hong Kong, and Dubai. And the manufacturing plants in Johannesburg and Moscow.

He became internationally famous when he got into the luxury fashion jewelry business in the year 2009. In the year 2010, when his company was making “Hero Jewellery Piece” for the launch of his brand, Sotheby’s and Christie’s came to know it and put it up for the auction. In this auction, the base price was set at 12 crores and it was sold for 16 crores of rupees.

Nirav Modi

In 2014, they jumped into the retail business and they have opened the first showroom in Delhi. Later on, he has opened many stores in Mumbai, Singapore, Beijing, Honolulu, Las Vegas, London, New York, and Hong Kong – Total 15 stores he has opened.

He was planning to open 100 such retails store around the world by 2025.

The Fall:

Nirav Modi and his colleagues made plans and they asked Punjab National Bank (PNB) that they have to import goods from Hong Kong. To bring goods, they demanded the issuance of the LoU (Letter of Undertaking) from PNB. They requested LoU to be released in the name of Allahabad Bank and Axis Bank in Hong Kong.

Nirav Modi

Nirav Modi

LoU means that the bank guarantees the payment of the goods being purchased. According to the reports, 8 fake letters of credit was given to Nirav Modi, Mehul Choksi, and other colleagues. Of these, 5 letters were given to Allahabad Bank and 3 letters to Axis Bank. On the basis of these letters, Allahabad Bank and Axis Bank financially assisted Nirav Modi and his associates to buy goods from abroad. Later, when these banks demanded money from PNB, it was informed that any information related to this transaction was not available in the bank’s system. And then, the entire fraud by the employees of Punjab National Bank came out.

As per the report, after this scandal, Nirav Modi, his elder brother, wife, and business partner Mehul Choksi already left India.

Here, the Enforcement Directorate (ED) is carrying out raids at various places of Nirav Modi’s showrooms and offices in order to collect the evidence in India’s biggest banking scam.

You would also like to read next article: India’s “Biggest Banking Fraud” By Punjab National Bank – Scam Of Rs. 11,000 Cr.

The Awesome Dabbawalas of Mumbai – Six Sigma Certified Service

Dressed in the traditional Maharashtrian white suit, complete with a cap, you will find the Dabbawalas carrying huge boxes – Dabbas (lunch boxes) all the time on the local Mumbai railway lines.

When you see them, you are actually witnessing world-renowned phenomenon services that have been founded by undergraduates or by the people who have very little education.

Here is a truth about everything you need to know about the legendary Dabbawalas.

Dabbawalas

Dabbawalas

The History of the Dabbawalas:

Dabbawalas is not the name of a company. The company came into existence in the year 1890 by a gentleman whose name was Mahadev Havji Bache. The name of his company is “Nutan Tiffin Company”.

The late 19th century was a time when Mumbai was experiencing rapid expansion and new opportunities for work in abundance. People traveled to the heart of the suburban metropolitan area and having lunch was a problem.

This was a time when cooking gas was not widely available in the city and everything was cooked with wood, which took an immense amount of time. For housewives, it meant, not being able to cook food in time for their husbands to take them to the office.

Mahadev saw an opportunity in this problem of housewives and started his company with just 100 clients.

Dabbawalas

The Scope of the Dabbawalas Today:

The Dabbawalas, until today, arrive at the homes at 8 in the morning and collect lunch. The lunch boxes are then carried over the bicycles and the local train to the respective offices. That is not all.They deliver those empty lunch boxes back to the homes.

Dabbawalas

While this seems simple enough, here are some statistics:

# They collect around 2,00,000 Dabbas (Lunch Boxes) each morning.

# Approximately 80 million deliveries are made annually.

# The service is delivered 6 days a week and 51 weeks a year, without fail.

# Only 1 error for every 6 million deliveries.

# The service is provided only for a sum of Rs 600 per month.

Dabbawalas

What makes the Dabbawalas so special?

This point is surely interesting to know. The Dabbawalas are an organization that has “Six Sigma” Certificates. This certification is only given to those organizations that exceptionally have a low number of errors. Corporate organizations are known to spend thousands to achieve this level of precision. But they are totally different. Almost all of them have very little education or nothing at all.

The Dabbawalas through their innovative methods have found answers to all their trade barriers. Since not many can read and write, each box is marked by colors, codes, and numbers. That determines in which office it will be delivered. Imagine a history of 1 error for every 8 million deliveries. It is without a doubt, a true achievement!

Dabbawalas

Recognition of the Dabbawalas:

The recognition of Dabbawalas has reached nationally and internationally. They have been presented by Forbes and the New York Times. The Indian Institute of Management Ahmedabad and Harvard Business School have written extensive case studies on the effectiveness of the Dabbawalas. Personalities, such as Prince Charles and Richard Branson have openly declared that they are fans of the Dabbawalas.

The future of the Dabbawalas:

Dabbawalas

They have now moved forward and are looking to start their own business where there would be milk, vegetables, and other food available. They have already committed to the country’s e-commerce giant Flipkart for services.

You Would Also Like To Read Next Article: India’s Biggest “Banking Fraud” By Punjab National Bank – Scam Of Rs. 11,000 Cr.

India’s Biggest “Banking Fraud” by Punjab National Bank – Scam of Rs.11,000 Cr.

The country’s largest banking scam has happened in the Punjab National Bank. The scam is more than Rs. 11,000 crores. On Wednesday, PNB gave the stock market a scam in the Mumbai-based branch.

In this biggest scandal, the name of businessman Neerav Modi has emerged. After the scam came to light, PNB has suspended 10 officials. PNB pointed out that transactions were done to benefit some account holders. On the basis of these transactions, other banks have given loans in foreign countries. After this news, shares of Punjab National Bank were slashed by 10 percent.

Punjab National Bank

PNB has admitted that it has been a scandal to benefit some account holders from the collusion of some people. The bank also says that on the basis of this transaction, it seems that other banks have advised these customers abroad also, that is, the other banks may have an impact on them. This news came at a time when India’s banking sector is already going through a crisis.

Following are the 10 things related to this Scam News By Punjab National Bank which you need to know:

# 1 – In less than ten days, this is the second case of bank fraud that has emerged. Earlier on February 5, the CBI had registered a fraud case involving Rs 280.70 crore with PNB in 2017 against billionaire diamond trader Neerav Modi, his wife, brother, and a business partner.

# 2 – On the complaint of PNB, the CBI has registered a case against Modi, his brother Nishal, wife Ami, and Mehul Chinubhai Vakasi, with the bank officials for allegedly cheating and misusing the bank in the conspiracy.

# 3 – CBI has also raided the residence of Modi, his brother Nishal, wife Amy, and Mehul Chinubhai. All these are partners in diamonds business in the US. The name of the Diamond Companies is Solar Exports and Stellar Diamonds. Immediately after, the raids also took place at the residence of two bank officials.

# 4 – The Punjab National Bank has also intimated Bombay Stock Exchange (BSE) about this unauthorized and fraudulent transaction.

# 5 – Enforcement Directorate (ED) has registered a case of money laundering against Neerav Modi and others in connection with fraud of Rs 280 crore in Punjab National Bank (PNB). This case has been registered on the basis of the FIR of the Central Bureau of Investigation (CBI).

Punjab National Bank

# 6 – The finance ministry dismissed the fears of PNB’s over Rs 11,000 crores scam and said that this case is not ‘out of control’ and proper actions are taken about it.

# 7 – The Finance Ministry has asked all the banks to report such incidents if it has any by the end of this week.

# 8 – Four big jewelers, namely, Gitanjali, Guinea, Nakshatra, and Neerav Modi are under the scanner. The CBI, as well as the Enforcement Directorate, are looking at these people’s arrangements with different banks.

# 9 – CBI and Enforcement Directorate are investigating the last use of money from their various banks. The immediate response from these companies was not met.

# 10 – Neerav was also there in the list of Forbes’ Richest Indian in 2017.

You would also like to read next article: Criminal Elements In Our Assemblies – What You Need To Know?

Why Executives of Indian-Origin Lead The Big Companies in The World?

For decades, Indians have been playing an important part in giant global companies. Two of the world’s largest technology companies Microsoft and Google are led by the CEOs who are Indian-origin. There are many others who have made a lasting mark in the world of technology.

A little more than 30% of the 500 largest companies in the world have Indian executives. The most recent to arrive at this club is the CEO of Google.

Indian

Why Executives of Indian Origin Lead The Big Companies in The World?

Executives of Indian origin are in fashion and the reasons are two: Professional skills and their ability to understand emerging markets. They master the language very well because, although they studied their careers in Indian universities, the programs were developed entirely in the English language. Secondly, their ability to understand emerging markets is explained because they come from them. Mastercard, Pepsi, Microsoft, and Diageo are some of the firms that have fallen under the Indian charm.

A Harvard Business Review study states that, until mid-2013, 30% of the companies listed on the Fortune Global 500 were run by executives born in India. That puts this country on the same level as Switzerland or the United Kingdom as high-level talent provider. This percentage has been rising, as two key appointments have recently been made: Satya Nadella, who has taken over as CEO of Microsoft in 2014, and Sundar Pichai, who is the head of Google.

Being engineers, who have mostly studied at the best Indian universities and then completed their postgraduate and professional careers in the United States and Europe, has helped Indian CEOs to forge a sense of amity with their subordinates, who in the world of the technology are mostly engineers. Sanjay Jha, Motorola’s Chief Financial Officer, is famous for rolling up his sleeves and working with his development and software partners.

Another characteristic of Indian CEOs is that before reaching the top, they have been successful product managers within their respective companies. Sundar Pichai, for example, before becoming CEO of Google was the one who developed and launched the Chrome browser, despite the objections of then CEO Eric Schmidt. Then, he launched Chromebooks and low-cost Android phones, among other products.

National Proud:

The traditional references of India Curry, Yoga, or Bollywood, now we must add another export product: its “CEOs”.

Indian

With billions under his command, these are the companies that run by an Indian.

– Satya Nadella, CEO of Microsoft [the US $86,000 million]:

He is also well known as Mr. Nice because he is a good person. However, after his appointment, he has fired 18,000 people, which raised the price of Microsoft’s share. He is an electronic engineer, computer engineer, and business administrator.

– Indra Nooyi, CEO of Pepsi [the US $67,000 million]:

Since 2006, she runs the second largest food company in the world. She is the first female CEO in the company’s 117 years and holds a position of exception for a woman in the strong Indian macho culture.

– Sundar Pichai, CEO of Google [the US $66,000 million]:

He is 43 years old and since 2004, he is working at Google. Sundar Pichai was graduated in technology from the Indian Institute of Technology, Kharagpur. He then studied at Stanford and did an MBA at the Wharton School of the University of Pennsylvania.

– Rakesh Kapoor, CEO of Reckitt Benckiser [the US $13,750 million]:

Brands of cleaning products, such as Vanish, Woolite, Dettol, and Harpic are in the portfolio of the British Reckitt Benckiser. That is one of the largest players in the industry worldwide.

The fact is that a country which is often associated with poverty is also the birthplace of great business presidents. And they have become a source of national pride and the Indian press often highlights the achievements of its compatriots.

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Start Small to Go Big: Here are 10 Profitable Businesses you can start from home

work from home

Everyone wants to start a own business and earn money. And what’s more important in starting a business? It’s certainly the capital you require at the initial stage. It is not difficult to become an entrepreneur if you have money in your pocket and you are ready to work hard to start your own company. There are many people in this country who have started their business with no money at all and one of the best examples is Dhirubhai Ambani. We all have heard his story and know about his work and achievements. If you are determined to become an entrepreneur, then you can start your business right now. Here are the top 10 profitable businesses you can start from home.

Top Own Business Ideas that Work

1. Travel Agency

This is one of the best businesses in today’s scenario. You can open up your own travel agency and help people book their tours. You can always tie-up with another agency and work from home.

Travel Agency

2. Home Food Delivery

If you love cooking, then this is it! People nowadays crave for homemade foods. It provides a convenient option to those who live away from their homes and work in a different city.

Home Food Delivery

3. Tuition centers

If you are educated and you know the subjects well, then you can always start tutoring kids at home.

Tuition centers

4. Bakery

If you can bake it, then you can make it. A lot of people these days look for homemade bakery items and they are also ready to pay a little extra for it.

Bakery

5. Blogging

Passionate about something? Write it! Blogging is one of the easiest ways to start earning money. Starting your website will cost just a little, but once that is done, you can start your website and keep blogging to earn good amount!

Blogging

6. YouTube Channel

Start a YouTube channel about whatever you like the most.  Once it starts attracting a good number of people, you are good to go. More the views, more the income you will earn.

YouTube Channel

7. Event Managers

Managing the events means coordination, networking and having a good strategy. If you are good at it, then you can become an event manager.

Event Managers

8. Ghostwriting

Is there a writer in you? Have you been scared to publish something under your name? Then, ghostwriting is the best option for you.

Ghost Writing

9. Online Fitness Guru

Everyone wants to be fit. Why not help those who cannot go to a gym? How? Yes, you can train them how to be fit online. You can sit at your home and train people while earning some good amount of money.

Online Fitness Guru

10. Cooking Classes

Cooking classes are very famous in urban areas where everyone wants to learn different cuisines. If you have got the talent, then you must start your own cooking classes.

Cooking Classes

Starting your own business requires some patience and trust in yourself. If you think you can do it, then you must do it and not be afraid of the failures. Understand what you know the best and always be ready to learn from your mistakes.

own business

You may also like to read –10 IMPACTS OF SOCIAL MEDIA ON RELATIONSHIPS

Rise of women in the corporate world

corporate world

Woman’s involvement and growth in the corporate world has always been a buzz-creating topic. Every year, the corporate world changes and the hold of women in this world keeps increasing. Women have graciously emerged as excellent leaders, entrepreneurs, and employees during the past 5 years in India. A lot of people still think that women have not yet reached the significant benchmark in the corporate world, but now there is a lot of data to support women’s development.

corporate world

Here are some facts and figures which will uncover the success and rise of women in corporate world

  1. Women as entrepreneurs in 2017

corporate world

Women are becoming successful founders of startups. There are a number of women-owned businesses not only in India but around the world. The growth rate of women entrepreneurs has been increasing every year throughout the world. Women are excellent at multitasking and leading teams while they already have proven their expertise in budget management which makes them the best entrepreneurs. Women entrepreneurs are positively affecting the global economy and proving very successful due to trustworthiness, leadership, tolerance, patience and, commitment!

According to surveys, women are more hardworking and ambitious. There is also an increase in the number of women billionaires in the past decade. Also, venture capitals are more inclined towards women-owned firms this year compared to past few years.

Here are some of the highly admirable women entrepreneurs of 2017:

  • Aditi Gupta – Menstrupedia.com
  • Chitra Gurnan – Thrillophilia
  • Neeru Sharma – Infibeam.com
  • Neha Behani – Moojic

corporate world

  1. Women in Technology

Women are highly creative and can bring more innovation which has led to an increase in the number of women in technology. When we move back, names like Kalpana Chawla, Kiran Majumdar, etc come to our minds. These are the names which have promoted engagement of women in technology. From research and development to IT field, women have carved their names in history with a golden pen. More Indian women are now scientists and work on massive projects. Women also form an important part of the IT field with exceptional creativity.

Here are some well-known women in technology:

  • Padmashree Warrior
  • Vanitha Narayanan
  • Rashmi Sinha
  • Kumud Srinivasan
  • Virginia Sharma
  • Raji Arasu

corporate world

  1. Women at higher designations

Designations like CEO, MD, and Founder etc are earned with hard work and passion. Women are no longer deprived of these designations. Compared to past few years, there is an intense increase this year in women with higher designations. There are a lot of reputed companies like HP, Facebook, and Intel which are having women as their CEO’s, MD’s and at other posts.

Here are some women with higher designations:

  • Krithiga Reddy, Head and Director online operations – Facebook India
  • Aruna Jayanthi, CEO – Capgemini India
  • Neelam Dhawa, MD – HP India
  • Kumud Srinivasan, President – Intel India
  1. Women as employees

corporate world

As employees, women have faced a lot of gender discrimination. But along with time, Indian women have started entering into different fields and have become more independent. Though India ranks 120th among 131 nations in women employees, every year, the ratio of women in employment is increasing.

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Imposing personalities: top 10 successful public figures in India

imposiing personalities

Success doesn’t depend on results, but in efforts. Being the best is not so important, doing the best is all that matters. Here are the top ten imposing personalities in India. But, I’d like to present them as the most successful public figures in India.

Top 10 imposing personalities in India

1. Mukesh Ambani

imposing personalities
The name itself is familiar all-around India. He owns a net worth of $38 billion. Mukesh Ambani tops our list for the most imposing personalities. He chairs and runs the gas giants Reliance Industries with a revenue of $51 million.

Founded by Dhirubhai Ambani in 1966, the Reliance Industries has grown to become one of the most valuable companies in India.

2. Azim Premji

imposing personalities
A student who gave up his studies from the most prestigious Stanford University. But, life had another fate written for him. He has a net worth of around $19 billion. Azim Premji’s Wipro makes a $9 billion in revenue which makes it the third-largest outsourcer in India.

3. Hinduja Family

imposing personalities
With a net worth of $18.5 billion, The Hinduja Group is run by four brothers Srichand, Gopichand, Prakash, and Ashok. Their businesses range from banking and cable connections to trucks and lubricants.

4. Lakshmi Mittal

imposing personalities
Lakshmi Mittal has a net worth of around $16.5 billion. He serves as the CEO and chairman of the world’s largest steelmakers. After separating the business from his siblings, Mittal steel went on to merge with France’s Arcelor in 2006. ArcelorMittal bagged a net profit of $1.8 billion in 2016 benefitting from the increase in demand and price for the steel.

5. Pallonji Mistry

imposing personalities
Pallonji Mistry controls the 152-year-old construction giants Shapoorji Pallonji Group. Headquartered in Mumbai, the family holds 18.4% stake in Tata Sons. Pallonji Mistry has a net worth of $16 billion.

6. Godrej Family

imposing personalities
Established by Ardeshir Godrej in 1897, the 120-year-old consumer-goods giants hold a revenue of $4.6 billion. Today, the Godrej Group is chaired by Adi Godrej, a former MIT graduate. Godrej Group has a net worth of $14.2 billion.

7. Shiv Nadar

imposing personalities
Founded in 1976, the HCL Technologies has a net worth of $13.6 billion. Cofounded by the IT pioneer Shiv Nadar, the company provides jobs for over 120,000 employees worldwide. Shiv Nadar is also a leading philanthropist in India. He donated over $662 million to Nadar foundations which backs the children for their education.

8. Kumar Birla

imposing personalities
Kumar Birla is the fourth-generation head of the Aditya Birla Group. With a net worth of around $12.6 billion, Birla Groups trades span around cement, aluminium, telecom, and financial services. The group also has a $41 billion revenue.

9. Dilip Shanghvi & family

imposing personalities
With a net worth of $12.1 billion. Sun Pharmaceutical Industries is the fourth largest Pharma outfit in the world. Founded by Dilip Shanghvi 1983, the company is India’s most valuable pharma outfit with a revenue of $5 billion in 2017.

10. Gautam Adani & family

imposing personalities
With $11 billion worth of businesses, Gautam Adani finishes our ten-man list. He controls the Mundra Port in Gujrat which is the largest port in India. His businesses span through power generation and transmission, real-estate, and commodities.

You may also like to read: Modern India: what to expect in seventy years?

Get Set, Ready And Write a Book

Hey guys, let me begin this post with one simple question, do you want to write a book but don’t know how to begin? If you don’t know there are many free apps, software, and tools available online to download and use for a cohesive writing. I am a writer and I know how tough it can get to draft a story without any distractions. So, to help all the aspiring and budding writers, I have compiled a list of apps that can help you compose a story in a uniform, organized and focused manner.

Apps To Help You Write Better

  1. MS Word:

    Write with these apps
    MS Word is easy to use writing app. Image courtesy Clipart Library.

    This is my favourite app that I have been using for more 7 years for drafting stories. When I began my career as a writer I used to draft the write up on a paper and then type it on a word file. Sound crazy, right? But, it’s true. I used to do until I realized how seemingly Word can shape up your story with a nice paragraph, spacing, templates and lot more. It has a format for all. Whether you are a prose writer or fiction writer the various templates available on Words can help you to pen down the best of the best with easy typing. For example, I composed this post in 15 minutes using Words doc, and I am not kidding at all. MS Word can also be used for creating official documents. Check out Microsoft Word Tips And Tricks To Increase Productivity.

  2. Google Docs:

    App to write better
    Google Docs – Write and save on cloud. Image courtesy App4Smart

    If you have a team of writers working on a book or if you are working with someone on a project that requires a collaborative contribution in terms of words then Google Docs should be your pick. Using the app you can share and prepare a piece of content for multiple users. The Google docs have all the features of MS Word and provide privilege for its user to decide its sharing and editing settings. Google Docs can be used to create and edit documents online for free.

  3. FocusWriter:

    Write well with Focus writer app
    FocusWriter app is for focused writing. Image courtesy YouTube

    The tool is perfect for those who don’t like to distract from anything whether it be top menu bar or side navigation bar like the one found in Word. FocusWriter is a text app that has no feature besides the typing. The user can use the app to write end number of words for a book or article and get the task completed with least distraction. Checkout FocusWriter review to know more about the app here, https://www.techradar.com/reviews/focuswriter

  4. Evernote:

    EverNote helps you write better and manage work. Image courtesy Evernote Blog

    Another great app for writing. Evernote was introduced as a productive tool, but writers are also using the app to draft stories and write books. The tool is easily available on Google Play Store for free. It offers various amazing features o writers. Learning how to use Evernote for writing fiction is easy. All you need to do is download the app and start exploring it through its friendly navigation.

    Conclusion:

    So, these were the four free apps and tools that can be used for a focused writing experience. As a writer, I would also like to suggest that to be a great writer you will have to indulge in a writing style that is infinite. Write for your fans, followers, and online audience by using tools such as Blogger and WordPress. Get a blog started and write what you feel for. This will not only enhance your online presence but will also help you establish a name among the online readers. Click the link below to learn how to start a blog: httpss://www.theblogstarter.com/