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Radhakishan Damani (RD) - Journey from Dalal street to a billionaire

Many of u might have not read about this underrated billionaire bcoz he maintains low profile .

There’s a saying for him that “wo itni khamoshi se kaam karte hai ki unki kamyabi shor macha deti hai”.

1/13

 Radhakishan Damani was born to a Marwari family. Famously known as Mr. White (coz he mostly wears white clothes) . Radhakishan Damani started his career as a stockbroker.

2/13
But he soon understood that if he wants to earn money from the market, then he needed to invest and trade his own money in the stock market, instead of being just a stockbroker. And soon he started stock trading his in the Indian stock market.

He made huge profits from it

3/13
In 2001, After reaching such great heights, he suddenly quit the stock market business and decided to enter the retail industry

4/13
He launched DMart supermarkets and hypermarket chain in 2002 .

Well have u ever thought why DMart offers high discounts as compared to other stores ?

This credit goes to the strategy applied by Radhakrishan Damani

5/13
I will give u point by point explanation of the startegy he has employed

1. Almost every store is owned by DMart , that means they don't have to pay for rent. And with this startegy they have never faced shutdown of any store of theirs since their inception

6/13
2. DMart has always remained on basic items & has never forayed into electronics , the reason being it requires big space & a long time to sell.

7/13
3. U must have seen stores like Metro Mall launching their own brands , but DMart never does this as it always relies on third party .

8/13
4. Loyal Customer base- In these all years it has given high discounts to its customers. And their main audience is middle class & lower middleclass group.

5. Slotting fee - This is the another reason why they are able to offer high discounts.

9/13
Basically slotting fee is the rent the manufacturer pays to retailer for a particular shelf in the supermarket so that his product gets sold fast .

6. Operational Cost - If u have ever visited DMart u may have noticed that they don't have fancy interiors.

10/13
This the another reason why they are able to offer high discounts .

7. Vendor relationship-

The FMCG industry has a payment norm of 12-21 days, but Dmart pays its vendors on 11th day itself. This helps him stay in the good books of the vendors and avoids stock outs.

11/13
Basically, his strategy is to “Buy it low, Stack it high and sell it cheap”!

From a revenue of 260 cr in 2007 they have jumped to a revenue of 5000 crores in 2019 . DMart has almost 220+ stores running across India

12/13
DMart is valued around 2 lac crores at present.
Radhakrishan Damani is also the mentor of Rakesh Jhunjhunwala. It will not be wrong to call him "Sam Walton of India"

13/13

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DO U KNOW WHO WAS THE FOUNDER OF YOUR FAVOURITE CHILDHOOD MAG CHANDAMAMA

A boy was born in Pottipadu, a little-known village in Cuddapah district in Andhra Pradesh some 109 years ago. The village school taught only epics like the Ramayana, Mahabharata, and the Bhagavatam.


The teacher told the children how to lead a righteous life. They were advised to get by heart the truths contained in our ancient works.

The boy, Nagi Reddi, later moved to Madras (now Chennai), where he attended a regular school for a few years. Before he could complete

his studies, he was called upon to join the family export business. As a youth, he was drawn to the country's fight for independence. He got involved in the Khadi movement. But his presence was required in Burma (now Myanmar) to look after the business.

However, the business suffered huge losses during the
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YAGYOPAVEET - A FORM OF GAYATRI

Yagyopaveet ( wearing the sacred thread ) symbolises, in itself the realisation of the supreme truth behind the Gayatri Philosophy.


Gayatri mantra has 9 words, 3 Charans, 3 Vyahiritis and one Omkar so has the Yagyopaveet for it possesses 9 sutras, 3 threads, 3 knots and one supreme knot - the Brahma-Granthi . Since the Yagyopaveet lies over one's shoulders, chest, abdomen and back .

This signifies Divine control over shoulders, which undertake the heaviest responsibilities of life, over the heart which is supposed to be representing idealisms & emotions, over the abdomen where dwells the valour of a man and over the back, which represents alertness and

vigour . Thus, the influences that Gayatri excercises through Yagyopaveet on the total personality & endeavours of a man are never forgotten during entire life .
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Story of Metro Man E. Sreedharan

There are some builders who need to get everything right in the first go. They cannot fail for on them rests millions of hopes. They are the class of nation builders. One such great builder of modern India is the Metro Man E. Sreedharan.


After graduating from college, Sreedharan started preparing for Indian Railway Service Examination (IRSE) while supporting himself as a college lecturer.

With in a year results were out. Sreedharan had secured an all India IRES rank of 7th. Sreedharan rose quickly in Railways

to become the youngest divisional manager at the age of 26 years. G. P. Warrier, a stalwart in Railways, recognized the spark in Sreedharan and gave him early opportunities to work on Pampan Bridge and later on Calcutta metro project.

Pampan Bridge, an engineering marvel built by Britishers in 1914, connects the holy town of Rameshwaram to mainland India. The bridge suffered severe damages in the cyclone of 1964. Sreedharan was given an impossible task to make the bridge operational in 3 months. Cyclone had

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Sir M. Visvesvaraya - The Man behind Hindustan Aeronautics Limited

From Aden to Hyderabad, Sir MV's civil engineering contributions are spread across the country and abroad.


Contrary to the popular belief, the main reason behind Bengaluru's rise to fame as the scientific & high-tech industrial hub is not really the climate, but mainly the strategic planning & tireless efforts by visionaries, who had long ago realized the importance of education &


role of industries in overall prosperity. One such example is that of the establishment of Hindustan Aeronautics Limited in which Sir M Visvesvaraya had played a crucial role, and how his efforts helped the city become the hub for aerospace research.

Way back in the mid 1930s, Sir M Visvesvaraya (Sir MV) had undertaken an extensive industrial tour to Europe & USA (at his personal expense) and soon after his return, came up with detailed proposals on setting up modern industries including automobile & aircraft factories in 🇮🇳

As expected, the British Govt immediately rejected all his proposals, but Sir MV was hopeful and started preparing the groundwork so that he wouldn't waste any time when opportunity would knock at the door in future.
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FIRST INDIAN COMPANY THAT STARTED TO DEVELOP & MANUFACTURE THE VACCINE PRODUCTS

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Inspired by the Swadeshi revolution of the early 20th century, a young boy named Narendranath Dutta decided to dedicate his life for the national cause, but didn't know where to start.

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Despite being born & brought up in a very poor family, he had great human values (He was the son of a Sanskrit teacher), and by the time he finished schooling, he had realized the importance of healthcare and its role in national development.

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That's how he chose to pursue his higher education in medicine, and thanks to his hard work, he had managed to secure a medical seat with scholarship.

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But the scholarship was only for the college fees, which forced him to explore additional income in the form of part-time jobs apart from his full time study.

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Such was his humility that he actually agreed to work as a coolie at a nearby shipyard every night, and by sunrise, he would be back in the hostel to freshen up, and spend the whole day attending medical college.

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Vibhu Vashisth
@VIBHU_Tweet
🌺श्री गरुड़ पुराण - संक्षिप्त वर्णन🌺

हिन्दु धर्म के 18 पुराणों में से एक गरुड़ पुराण का हिन्दु धर्म में बड़ा महत्व है। गरुड़ पुराण में मृत्यु के बाद सद्गती की व्याख्या मिलती है। इस पुराण के अधिष्ठातृ देव भगवान विष्णु हैं, इसलिए ये वैष्णव पुराण है।


गरुड़ पुराण के अनुसार हमारे कर्मों का फल हमें हमारे जीवन-काल में तो मिलता ही है परंतु मृत्यु के बाद भी अच्छे बुरे कार्यों का उनके अनुसार फल मिलता है। इस कारण इस पुराण में निहित ज्ञान को प्राप्त करने के लिए घर के किसी सदस्य की मृत्यु के बाद का समय निर्धारित किया गया है...

..ताकि उस समय हम जीवन-मरण से जुड़े सभी सत्य जान सकें और मृत्यु के कारण बिछडने वाले सदस्य का दुख कम हो सके।
गरुड़ पुराण में विष्णु की भक्ति व अवतारों का विस्तार से उसी प्रकार वर्णन मिलता है जिस प्रकार भगवत पुराण में।आरम्भ में मनु से सृष्टि की उत्पत्ति,ध्रुव चरित्र की कथा मिलती है।


तदुपरांत सुर्य व चंद्र ग्रहों के मंत्र, शिव-पार्वती मंत्र,इन्द्र सम्बंधित मंत्र,सरस्वती मंत्र और नौ शक्तियों के बारे में विस्तार से बताया गया है।
इस पुराण में उन्नीस हज़ार श्लोक बताए जाते हैं और इसे दो भागों में कहा जाता है।
प्रथम भाग में विष्णुभक्ति और पूजा विधियों का उल्लेख है।

मृत्यु के उपरांत गरुड़ पुराण के श्रवण का प्रावधान है ।
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Statue of Equality (Ramanuja) Muchintal, Hyderabad, Telangana

The Statue of Equality is a monument in India dedicated to the 11th-century Vaishnavaite Sage Bhagavad Ramanuja, commemorating 1000 years since his birth. It was inaugurated by Prime Minister Narendra Modi ji in 2019.


In 2014, Sri Chinna Jeeyar came up with the idea to commemorate the 1000th anniversary of Sri Ramanuja's teachings by building the Statue of Equality. The statue is constructed on an estimated 34 acres in Hyderabad, India.


It consists of a 216 foot tall statue of Ramanuja and is surrounded by 108 Divyadesams (model temples) and includes an educational gallery. The project budget is 1000 crore rupees.The foundation stone for the Statue of Equality was laid by Chinna Jeeyar.


The statue was built by Aerosun Corporation in China before being shipped to India. It is made of panchaloha, a combination of gold, silver, copper, brass and titanium. The statue relies on donations to fund its construction.


The temple is located on the 27,870 square metre second floor with a 120 kg statue of Ramanuja, representing the years he lived, meant for daily worship. The 1,365 square metre third floor including a Vedic digital library and research center.
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@Aamani_03
॥ॐ॥
अस्य श्री गायत्री ध्यान श्लोक:
(gAyatri dhyAna shlOka)
• This shloka to meditate personified form of वेदमाता गायत्री was given by Bhagwaan Brahma to Sage yAgnavalkya (याज्ञवल्क्य).

• 14th shloka of गायत्री कवचम् which is taken from वशिष्ठ संहिता, goes as follows..


• मुक्ता-विद्रुम-हेम-नील धवलच्छायैर्मुखस्त्रीक्षणै:।
muktA vidruma hEma nIla dhavalachhAyaiH mukhaistrlkShaNaiH.

• युक्तामिन्दुकला-निबद्धमुकुटां तत्वार्थवर्णात्मिकाम्॥
yuktAmindukalA nibaddha makutAm tatvArtha varNAtmikam.

• गायत्रीं वरदाभयाङ्कुश कशां शुभ्रं कपालं गदाम्।
gAyatrIm vardAbhayANkusha kashAm shubhram kapAlam gadAm.

• शंखं चक्रमथारविन्दयुगलं हस्तैर्वहन्ती भजै॥
shankham chakramathArvinda yugalam hastairvahantIm bhajE.

This shloka describes the form of वेदमाता गायत्री.

• It says, "She has five faces which shine with the colours of a Pearl 'मुक्ता', Coral 'विद्रुम', Gold 'हेम्', Sapphire 'नील्', & a Diamond 'धवलम्'.

• These five faces are symbolic of the five primordial elements called पञ्चमहाभूत:' which makes up the entire existence.

• These are the elements of SPACE, FIRE, WIND, EARTH & WATER.

• All these five faces shine with three eyes 'त्रिक्षणै:'.
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@LancPAExaminer @buzz\_chronicles @buzz\\\_chronicles @buzz_chronicles save as category @pdfmakerapp grab @pdfmakerapp grab this @readwiseio save @readwiseio save thread @threader compile summarize @Threadreaderapp unroll please @ttttreads unroll @unrollthread.com @SaveToBookmarks
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@SaveToBookmarks Namaste! There you go! Original tweet by @buzz_chronicles: "@SaveToBookmarks Namaste! You can find it here. Original tweet by @AchuthArora: ...". Enjoy 👌

Hi! There you go! Original tweet by @SaveToBookmarks: "@buzz_chronicles @AchuthArora @OllieEmberson @rattibha No more missed tweet 😉!

...". See You soon! 👉
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Boss is always Boss @Mitesh_Engr

Mitesh Sir's FUTURES BREAKOUT TRADES 101:

• How to pick stocks at right time?
• What to look for?
• Importance of BO post consolidation
• How to manage SL
• How to get huge profits
• Multiple Examples

In collaboration with @niki_poojary


Importance of Trading only BO or BD stocks by @Mitesh_Engr Sir: 👇

•Two questions to always ask:

~Why stock is going up/down and when?
~ Who is behind big up/down and when?

• Trade only stocks with Momentum
• Instant results
• Small SL or huge profits


Sir's take on how to Trade: 👇

• Observe fight between buyer & seller
• Position will be created within first 3 hours
• Operators will win
• Just find BO or BD
• Look for huge volume support
• Give company to operators
• ATP importance explained


How to take trade in Breakout/Breakdown stocks by @Mitesh_Engr Sir: 👇

• Check Support & Resistance
• Wait for 2-3 months consolidation
• Surge in volumes
• Trade on 3 min charts
• Small SL
• Keep trailing
• Always pyramid in profit


When and Why to Pyramid? By @Mitesh_Engr Sir

• Adding to winning positions
• Signals of continued strength
• Potentially large profits
• An Example of pyramiding in one of his trades
MPLEARNINGS , ALL , MPTRADERULES
Ramblings of a Sikh
Ramblings of a Sikh
@RamblingSingh
1/ Jassa Singh Ahluwalia & his role in the history of Shri Harmandir Sahib (A Thread)


2/ Jassa Singh was born in 1720/21 at a village called Ahlu in the Lahore District of Punjab.


3/ Jassa Singh was educated in Delhi, in Persian, Arabic & more, under the care & supervision of Mata Sundari Ji.

Mata Sundari Gurdwara in Delhi.


4/ In 1733, Jassa Singh's mama, Thag Singh (ਤਾਗ ਸਿੰਘ), requested Mata Sundari Ji's permission to take Jassa Singh back to Punjab.


5/ At first Mata Ji refused but eventually gave permission for Jassa Singh to go with his mama, giving Jassa Singh a blessing and weapons, informing him, it was now the right time to take up arms.
HISTORY
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Anu Satheesh
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Thiruvairanikulam Mahadeva Temple
Ernakulam Kerala🚩
#temples

Temple is known as Sabarimala of Women

Thiruvairanikulam Mahadeva Temple is situated on the banks of the Periyar River. Siva Temple has a separate sannidhi for Parvathi Devi which will be open only for 12 days a year


The Nadathurappu Mahothsavam happens every year on Malayalam month of Dhanu. On opening day, a grand procession starting from Akavoor Mana carries the ornaments of Devi to the temple. Swayamvara Archana is the main pooja here to clear the obstacle in marriages.
Legend is that 👇


Vigraham existed in another place called Iranikulam. A Namboodiri of Sreemoolanagaram used to visit the Iranikulam temple regularly. Akavoor Chathan, a boatman will take him to the Iranikulam temple and back. Because of Bhakthi of Namboodiri, Shiva traveled with him to his place.


Akavoor Chathan identified Siva chaitanyam and their family built a temple here. Parvati devi herself will cook Nevidyam here for Shiva, which was witnessed by a priest. Devi was angry at this and decided to leave the place. But when the priest offered his sincere apology👇


Devi blessed him and told that she will be present here 12 days in a year. Thus the period which begins from Thiruvathirai Day in Dhanu is known as the Nadathurappu festival.
Temple Nada opens today night.
Picture credit: Google.
🙏🕉🙏
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Andrey \uf8ff Azimov
Andrey  Azimov
@AndreyAzimov
The best way to know if people like your product is NOT:

- Have a lot of emails in the waiting list
- Become #1 on PH
- Become #1 of HN or Reddit
- Have people that saing "I'll pay"
- Have a lot of free users

The best way to know if they're actually pay for it.

The only thing that matters is your product providing a value, and you can't know this until people will pay money for it.

We can have a first signal of a product/market fit after the launch by check how many sales we've got in the first 24h. Some scale:

200+ This has a high potential.
100+: This has a potential.
50+: Some people need it.
10+: People almost don't need it.
0+: People don't need it.

This is for a single time payment product. For a subscription probably it should be less because people hate subscription.

And obviously, you should have a lot of traffic like 3-5k+.

Here is a stat for my products (macOS apps) for the first 24h after the launch:
STARTUPS
Vibhu Vashisth
Vibhu Vashisth
@VIBHU_Tweet
Do you know?

The Golden Shine on the artificial jewellery of modern times is a gift by Nagarjuna.

Now,u might be wondering,who is Nagarjuna?

Nagarjuna was the name of an ancient Indian scholar&scientist whose name is associated with the fields of Alchemy,Chemistry& Metallurgy.


He conducted a number of alchemic and Metallurgical experiments directed towards transforming base elements into Gold.
According to Eduard Sachau's Alberuni's India, Nagarjuna was termed as a Metallurgist who was born 100 yrs before Alberuni's time, who was born in 973 CE.


According to some records Nagarjuna was born in 9th century CE near Somnath,Gujarat and according to some Tibetan & Chinese sources he was born in Vidarbha,Maharashtra from where he later migrated to Deccan region.


Edward Schau quotes in his book,'They have a science similar to Alchemy and Nagarjuna is famous for this science which they call as 'Rasayana'.

Nagarjuna's book 'Rasaratnakara' is one of the earliest documented texts on Alchemy,Chemistry & Metallurgy in Sanskrit.Nagarjuna successfully discovered through his experiments the alchemy of transmutation of base metals into Gold.This was not real gold but a gold like substance.
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