Anand Tilak’s Post

The end of an era indeed. Has there ever been a time when Mr Ratan Tata was not in our lives? He was in the salt in our food and the morning cup of tea. In our newspapers. His father, in our history books. In the dish antenna. The clothes we wear. The money in our pockets. His organization was the company that every student aimed to get placed at in the campus drive. The gold that adorn our great Indian weddings. The lavish after-bash and honeymoon stays. If you do well in life, your home, your car, and your mutual fund investment are all likely to be a Tata product. If you die, there's a good chance that your family will receive your term insurance payout from a Tata company. Now, that's something, isn't it? At every stage in our lives, we encounter Tata in some form. But is that why we are mourning his loss today? When the 1991 economic reforms opened up India to the world, Mr. Ratan Tata emerged as one of the key figures who shaped India's path forward. He didn't just see the LPG reforms as a chance for corporate expansion but as an opportunity for India to turn into a global economic powerhouse. Under his leadership, the Tata Group grew from being a $5 billion enterprise to a $150+ billion business conglomerate, yes.  But here are some of the other things that happened too: - The Tata Group contributed to about 4% of India's GDP and 2.25% of its taxes. - It employed a million people worldwide. - Tata Tea became the second-largest global tea producer, strengthening India's position as a key player in the global tea industry, and increasing international market access for India's tea exports. - Tata Steel was the fifth-largest steel producer in the world, contributing directly to India's status as the second-largest steel producer in the world, and significantly enhancing its ability to compete with China. - Through its historic Jaguar Land Rover acquisition, not only did Tata Motors upgrade its offerings, but also elevated India's status in global automotive manufacturing. All of this and more were built on a foundation of trust, empathy, integrity, and ethical business practices - values that Ratanji himself was known for. After all, how many leaders focus on People, Process, and Profit? And in that order? Ratanji was never in it for glory or short-term wins. He was a problem-solver for society. A visionary who cared about long-term value creation. He was one of the pioneering architects of modern India. I am not sure if the world will ever see another industrialist of his calibre. Expecting him to be born again is wishful thinking. The kind of being that Ratanji was, I doubt he has any unfinished business to come back. And if there's anyone who deserves such freedom, it is Ratanji. As for us, we can choose between - a) self-interest and immediate gains or b) learning to lead with purpose and integrity like Ratanji. I hope we make him proud. Thank you Ratanji for showing the world how it is done. 🙏 #RatanTata

Reliance Industries Limited has topped the SKOCH India Involved Ranking 2023 that measures how India Inc is committed to Viksit Bharat. The ranking and the index has been put together by SKOCH, a leading Indian think-tank dealing with socio-economic issues and focusing on inclusive growth, after a six month-long study, analyzing a number of companies across 231 indicators to rank the top-20 corporates on comprehensive 'India Involved Ranking'. It is followed by Hindustan Unilever and Adani Group. Reliance Industries has always followed its 'We Care' philosophy, which puts doing good before doing well. "We care for the planet. We care for humanity. We care for our beloved motherland, India. And, of course, we care for all our partners, employees and shareholders," is how its Chairman and Managing Director Mukesh Ambani explained Reliance philosophy. Reliance has always believed in 'What is good for India, is good for Reliance'.   Its investments, projects, ambitions, achievements are all a testament to its faith in India, to the unlimited India opportunity, and to the boundless Indian talent. Reliance has time and again demonstrated its commitment to a Viksit Bharat. Reliance Foundation, which spearheads the Reliance Group's social initiatives, is the largest corporate philanthropy in India, having touched lives of 8-plus crore Indians. Sameer Kochhar https://lnkd.in/gKw8uvKr

#ZACHMultimediaIndiaInsights  #ZACHMultimediaMegaBillionaires #ZACHMultimediaUberRich - "Ambani family's wealth 10% of India GDP: Barclays-Hurun India report "Adani family, the most valued first-generation family business valued at Rs 15.45 trillion [Reliance Chairman Mukesh Ambani with wife Nita Ambani, sons Akash and Anant Ambani, daughter-in-law Shloka Mehta, daughter Isha Ambani and son-in-law Anand Piramal, poses for pictures upon their arrival for Anant and Radhika Merchat (Photo: PTI)] By Jaden Paul, Prachi Pisal for Business Standard, 8 Aug 2024 "The Ambani family has topped the inaugural Barclays-Hurun India most valuable family businesses list, with a valuation of Rs 25.75 trillion, which is almost equivalent to one-tenth of India’s Gross Domestic Product (GDP), stated the 2024 Barclays-Hurun India report on the most valuable family businesses in the country. The family’s business empire, led by Reliance Industries, primarily operates in the energy, retail, and telecom sectors. "The rankings are based on the company valuations as of March 20, 2024. The methodology excludes private investments and liquid assets and adjusts for cross-holdings to prevent double counting. The value of Ambani wealth includes their share in Reliance, Jio Platforms, Reliance Retail, etc. "The Ambani family is followed by the Bajaj family in the second position with a valuation of Rs 7.13 trillion. The Pune-based automobile business is headed by Niraj Bajaj, a third-generation leader, as per the report. The Birla family ranks third at Rs 5.39 trillion, led by fourth-generation Kumar Mangalam Birla. The business primarily focuses on metals, mining, cement, and financial services.   "The top three family businesses’ interests are valued at $460 billion, equivalent to the GDP of Singapore, stated the report. "The list further features the Sajjan Jindal-led family, valued at Rs 4.71 trillion in fourth place, and the Nadar family with a value of Rs 4.30 trillion in fifth place. The Nadar family’s Roshni Nadar Malhotra is the only woman in the list of top 10 family businesses. "The 2024 Barclays Private Clients Hurun India Most Valuable Family Businesses list does not include first-generation families. However, the Adani family, set up by current chairman Gautam Adani, has emerged as the most valued first-generation family business with a value of Rs 15.44 trillion. The list further includes the Poonawalla family, the owners of Serum Institute of India, valued at Rs 2.37 trillion in the second position. Third on the list is the Divi family, another pharma major, with a valuation of Rs 91,200 crore. "“With 28 companies in the industrial products sector valued at Rs 458,700 crore, and 23 companies in the automobile sector and 22 in the pharmaceuticals sector valued at Rs 1,876,200 crore & Rs 7,88,500 crore..."... ... https://lnkd.in/gBZMpMgQ

Hey Folks👋🏻,here are some quick updates from different companies inside the market (18/11/2024)📈. +India's gems and jewellery exports rose by 9.18% to Rs 25,194 crore in October: The Gem and Jewellery Export Promotion Council (India). +Audio products company boAt Lifestyle has reportedly finalized bankers for its IPO next year. +Mercedes-Benz India will increase the prices of its vehicles by up to 3% starting 1 January 2025. +New business premium of life insurance companies stood at Rs 30,347 crore in October, a 13.16% year-on-year increase. LIC's new business premiums stood at Rs 17,131 crore, a 9% year-on-year increase. +ABB India: received a warning letter from SEBI for violation of insider trading rules by 2 of its employees. +ICICI Bank: has changed its credit card terms from 15 November. Changes include a spending limit on different types of payments. +Mahindra and Mahindra Limited [Automotive and Farm Equipment Business]: Mahindra XUV 400 has received a 5-star safety rating from Bharat NCAP Official. #GemJewellery #boAt #IPO #MercedesBenz #LIC #ABBIndia #SEBI #ICICIBank #MahindraAutomobiles #NCAP #QuickTakes #Updates #ManishKJha

Shri Ratan Tata, one of the most iconic business leaders of our time, has left an enduring legacy not only through his visionary leadership but also his unwavering belief in empowering communities. From steering the Tata Group through challenges to leading its global expansion, his journey exemplifies resilience, foresight, and social responsibility. 🌍 At the Money Club, we are inspired by his advocacy for financial inclusion as a catalyst for equitable economic growth, especially in a diverse country like India. We are building on the foundation he laid: 1. Community-Driven Financial Platforms: Money Club pioneers online ROSCAs, where lower income communities pool their savings, offering easy access to funds for those in need while also helping them build credit histories so that they can be included in the broader financial system. 💸 2. Tech-Enabled Solution: Ratan Tata believed in the power of technology. At the Money Club, we empower communities with simple, intuitive digital tools to strengthen their financial resilience. 📱 3. Reaching the Unbanked: Money Club focuses on empowering remote, unbanked, and underbanked populations, giving them control over their financial decisions. 🌱 4. Trust and Inclusivity: Following Tata’s values of trust and integrity, we’ve built a transparent platform where individuals can pool resources while ensuring safety of their hard earned money, and uplift each other—ensuring financial support for all. 🤝 At the Money Club, we continue to walk the path Ratan Tata envisioned, fostering inclusive financial systems that empower every Indian to thrive. Shri Ratan Tata’s legacy will live on forever. 🙏 #RatanTata #FinancialInclusion #MoneyClub #TataGroup #Empowerment #FintechForGood #InclusiveGrowth #Bharat #MadeInIndia #Legacy

When one *LION* 🦁 meets another, the *ROAR* echoes across industries. In the wild, the *LION* 🦁 is known as the *KING* of the jungle. But what happens when one *LION* 🦁 meets another? A spark ignites, a roar amplifies, and the 🌍 *WORLD* stands witness to greatness. For me, as the founder of Lion Insurance Brokers Pvt Ltd, this metaphor took on a real-life dimension when Last Night had the honor of meeting the business World’s very own *LION* 🦁 – Mr Gautam Adani, often hailed as the Shah Rukh Khan of the Indian business landscape. Just as Shah Rukh Khan redefined Bollywood with his charisma and vision, Mr. Adani has reshaped industries, reimagined possibilities, and redefined what it means to dream big in India. His story is not just one of success, but of relentless determination, unwavering focus, and boundless innovation – qualities every *LION* 🦁 aspires to embody. At Lion Insurance Brokers, we pride ourselves on empowering businesses to thrive by offering tailored insurance solutions that protect dreams, enable growth, and fuel ambitions. Meeting a visionary like Mr. Adani reaffirmed my belief in the power of resilience, calculated risk-taking, and unwavering faith in one’s purpose. Here’s to every entrepreneur, dreamer, and risk-taker out there: When *LIONS* 🦁 cross paths, they don’t just *ROAR* – they *INSPIRE* others to believe in the extraordinary. Let’s keep *ROARING* , innovating, and conquering new frontiers together. #leadership #entrepreneurship #inspiration #insurance #visionaries #kingofhejungle #lioninsurance

#ZACHMultimediaIndiaInsights  #ZACHMultimediaMegaBillionaires #ZACHMultimediaUberRich - "Ambani family's wealth 10% of India GDP: Barclays-Hurun India report "Adani family, the most valued first-generation family business valued at Rs 15.45 trillion [Reliance Chairman Mukesh Ambani with wife Nita Ambani, sons Akash and Anant Ambani, daughter-in-law Shloka Mehta, daughter Isha Ambani and son-in-law Anand Piramal, poses for pictures upon their arrival for Anant and Radhika Merchant (Photo: PTI)] By Jaden Paul, Prachi Pisal for Business Standard, 8 Aug 2024 "The Ambani family has topped the inaugural Barclays-Hurun India most valuable family businesses list, with a valuation of Rs 25.75 trillion, which is almost equivalent to one-tenth of India’s Gross Domestic Product (GDP), stated the 2024 Barclays-Hurun India report on the most valuable family businesses in the country. The family’s business empire, led by Reliance Industries, primarily operates in the energy, retail, and telecom sectors. "The rankings are based on the company valuations as of March 20, 2024. The methodology excludes private investments and liquid assets and adjusts for cross-holdings to prevent double counting. The value of Ambani wealth includes their share in Reliance, Jio Platforms, Reliance Retail, etc. "The Ambani family is followed by the Bajaj family in the second position with a valuation of Rs 7.13 trillion. The Pune-based automobile business is headed by Niraj Bajaj, a third-generation leader, as per the report. The Birla family ranks third at Rs 5.39 trillion, led by fourth-generation Kumar Mangalam Birla. The business primarily focuses on metals, mining, cement, and financial services. "The top three family businesses’ interests are valued at $460 billion, equivalent to the GDP of Singapore, stated the report. "The list further features the Sajjan Jindal-led family, valued at Rs 4.71 trillion in fourth place, and the Nadar family with a value of Rs 4.30 trillion in fifth place. The Nadar family’s Roshni Nadar Malhotra is the only woman in the list of top 10 family businesses. "The 2024 Barclays Private Clients Hurun India Most Valuable Family Businesses list does not include first-generation families. However, the Adani family, set up by current chairman Gautam Adani, has emerged as the most valued first-generation family business with a value of Rs 15.44 trillion. The list further includes the Poonawalla family, the owners of Serum Institute of India, valued at Rs 2.37 trillion in the second position. Third on the list is the Divi family, another pharma major, with a valuation of Rs 91,200 crore. "“With 28 companies in the industrial products sector valued at Rs 458,700 crore, and 23 companies in the automobile sector and 22 in the pharmaceuticals sector valued at Rs 1,876,200 crore & Rs 7,88,500 crore..."... ... https://lnkd.in/gBZMpMgQ

Over the last few days, many have shared their experiences with the great Shri Ratan Tata. I want to share mine. In August 2018, after deciding to leave the corporate world and pursue entrepreneurship, I had the privilege of meeting Shri Ratan Tata. During our conversation, he asked me a simple yet profound question: “What is your company's #purpose, SayeNvest Caps?” I responded, “I want to build an institution where DRI (Discipline, Respect, and Integrity) is paramount—because the "World loves REBELS with a CAUSE, not the REBELS”. While he appreciated my mission and vision, he gently steered the conversation back to the core subject: purpose. He shared how having a clear purpose is critical to building a lasting institution. A prime example of his purpose-driven leadership is the growth of Tata Motors, especially following his difficult encounter with Mr. Bill Ford. Years later, not only did he acquire Ford’s luxury brands, Jaguar and Land Rover, but he also fulfilled his purpose of creating a car for the masses—a purpose that has since evolved to serve customers around the globe. That conversation with Shri Tata left a lasting impression on me, shaping my thoughts on how purpose influences a company’s success. Purpose is more than a marketing tool—it’s a company's soul guiding everything from culture to strategy. In today’s values-driven world, a clear purpose offers a competitive edge and paves the way for long-term success. Here’s how a strong sense of purpose can transform a company: - Guiding Vision and Strategy - Attracting Talent and Building a Motivated Workforce - Differentiating in the Market - Driving Innovation - Building Strong Stakeholder Relationships - Sustaining Growth in the Long Run Crisis Resilience Purpose is the foundation on which great companies are built, and Shri Ratan Tata exemplified this with grace and vision. We at SayeNvest Group will always be indebted to Shri #RatanTata for his valuable guidance and advice. #leadership #India #tata Tata Group TATA SONS LIMITED Tata Motors SayeNvest Caps Advisory Limited SayeNvest Asset Management SayeNvest Real Estate Advisory SayeBank SayeNsure Insurance SayeTech Technologies SayeOne Media Corporation

Journey of R Thyagarajan who gave away his entire wealth of more than Rs 6000 Crore to employees. He is founder of Rs 90000 crore Shriram Group a conglomerate with interests in various sectors such as finance, insurance, and real estate. The group is headquartered in Chennai, Tamil Nadu, India. Thyagarajan's approach to business is often characterized by his focus on providing financial solutions to the underserved and unserved segments of the population, particularly in rural and semi-urban areas of India. His emphasis on customer-centricity and innovation has contributed to the group's success over the years. -> He was born and brought up in a well to do farmer family in Tamil Nadu. -> He studied mathematics at the undergraduate and master's level in Chennai before spending three years at the Indian Statistical Institute in Kolkata. -> In 1961, he joined New India Assurance Co. as a company employee. He also worked at Vysya Bank, as a regional lender, and JB Boda & Co., as a reinsurance broker. -> People in Chennai came to him seeking money to buy used trucks, and he gave them loans from his inheritance. Gradually, that side venture morphed into his life's main act. At 37, he founded Shriram Chits with friends and relatives. -> Shriram Group was founded by Thyagarajan in 1974, and under his leadership, it has grown to become a significant player in the financial services industry in India. -> He settled into an advisory role now, he entered this industry to prove lending to people without credit histories or regular incomes isn't as risky as it's perceived. -> He drives a normal car and doesn't own a mobile as he believes they are a distraction. He also lives in a small house. -> He says the group doesn't look at credit scores, because most customers aren't part of the formal financial system. Instead, staff rely on references from existing customers. -> He feels Lending to the poor is a form of socialism -> Thyagarajan gave away all his shareholdings in Shriram companies to a group of employees, transferring them to the Shriram Ownership Trust, which was set up in 2006. -> Over the years, Thyagarajan set up other firms, and Shriram eventually grew into a group of more than 30 companies. Today, the Shriram Group serves about 23 million customers and its journey is an inspiration. #msme #msmeindia #entrepreneurship #leadership #inspiration #success #bankingindustry #economy #growth #india Findestination Shriram Finance Limited Shriram Housing Finance Ltd.Shriram Life Insurance

Celebrating 60 Years of BajajCapital - A Journey of Fulfilling Dreams of Every INDIAN Join us on a journey through six decades of wealth creation, where every stroke of genius has shaped our story. From humble beginnings to remarkable milestones, we've pioneered new horizons and sparked imaginations. Six decades ago, BajajCapital began with a seedling dream – to empower lives through financial wisdom. Today, we stand tall, a towering sequoia, branches intertwined with yours, reaching towards a shared sky. This diamond jubilee celebrates not just our growth, but the invaluable partnership that nourished us. Together, we navigated turbulent markets, sowed seeds of trust, and harvested a bountiful crop of financial security for countless lives. You, our partners, were the sun, the rain, the fertile soil – the very lifeblood of our journey. This milestone isn't just a marker in time, it's a testament to collaboration's power. Your expertise, unwavering faith, and tireless efforts fueled our innovation and shaped our impact. We stand humbled by your contribution, knowing that the successes we celebrate today are woven with your threads. As we step into the future, we look not just forward, but alongside you. Together, let's rewrite the rules of financial empowerment, forging new paths and scaling even greater heights. Thank you for being the roots that anchor us, the branches that stretch with us, and the leaves that whisper our shared story. Rajiv Bajaj Sanjiv Bajaj Jai Bajaj Venkatesh Naidu Kalpesh S Dave Aabhinna Suresh Khare Sunaina Khanna Alok Agarwala Anil Chopra Uttam Agarwal raj dhall HARISH SABHARWAL Rachit Mongia Vinay Taluja BajajCapital Insurance Broking Ltd. #BajajCapital #60yearsofENRICH #journey #60YearsStrong #timeline #timelinevideo #linkedin