क्या तीसरे लिफ़ाफ़े को खोलने का वक़्त आ गया है?
तीन लिफाफों की कहानी:
मैनेजमेंट स्कूल्स में एक Three Envlopes Story काफी प्रचलित है.
एक सीईओ जब कंपनी छोड़ रहा था तो उसने नये सीईओ को तीन लिफाफे दिये और कहा जब संकट आए तो इन्हें बारी बारी से खोलना.
तीन महीने में सेल्स गिर गई, सीईओ की आलोचना होने लगी तब उसे पिछले सीईओ के लिफाफों की याद आई. उसने दराज से पहला लिफाफा निकाल कर खोला. अंदर एक लाइन लिखी थी "सारा दोष मुझ पर डाल दो".
उसने तुरंत प्रेस कॉन्फ्रेंस बुलाई और कहा सेल्स गिरने की वजह पिछला सीईओ था. सब बिगाड़ कर गया है – हम उसे ठीक कर रहे हैं.
सब मान गये और आलोचना बंद हो गई.
लेकिन घाटा कम नहीं हुआ और कुछ महीने में फिर आलोचना होने लगी. उसने फिर दराज खोली और दूसरा लिफ़ाफ़ा खोला. उस पर लिखा था Reorganise यानी बदलाव करो. उसने कुछ को हटाया, योजनाओं के नाम बदले. कुछ समय के लिए फिर लोग शांत हो गए और कंपनी के घाटे के बारे में सवाल पूछना बंद कर दिया.
लेकिन अगले क्वार्टर तक घाटा और बढ़ गया, चारों तरफ आलोचना बढ़ गई, इस्तीफे की बाते होने लगीं.
पिछले दो बार के तजुर्बों को देखकर उसने तीसरा लिफाफा खोला.
इस बार उसमें लिखा था अब आप तीन लिफाफे बनाइए.
When I saw this story, I felt like saying: Jai Maharashtra, Jai Alpha, Jai Mahila, Jai Hind! There is HOPE in Gen Next: we can all be citizen journalists doing stories that make a difference: Be the change! https://t.co/1XqhMTn2zD
📊 Q1 Earnings: Turnaround Stocks Report
I’m preparing a detailed report on potential turnaround stocks based on their Q1 earnings performance.
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Be Nithin Kamath - Zerodha co-founder
→ Born on 5 October 1979 in Shivamogga, Karnataka
→ Father worked as an executive at Canara Bank
→ Mother taught the veena
→ Family shifted to Bangalore in 1996
→ Studied Electronics and Telecommunications at Bangalore Institute of Technology
→ Started trading stocks at age 17, managing his father's account
→ Traded penny stocks through college
→ Made ₹4 lakh trading in college then lost it all in one bad call
→ Worked briefly at a call center on a monthly salary after that loss
→ Started Kamath & Associates with brother Nikhil in 2004
→ Became a sub-broker for Reliance Money in 2006
→ Frustrated by high brokerage fees and opaque pricing in the industry
→ Founded Zerodha with Nikhil Kamath in 2010
→ Introduced flat-fee discount broking to India
→ Entered the unicorn club on a self-assessed $1 billion valuation without ever raising funding
→ Built Zerodha into India's largest retail stockbroker without ads or external funding
→ Founded Rainmatter a fintech startup incubator in 2015
→ Zerodha's FY25 revenue fell 11.5% to ₹8,847 crore, profit down 23% to ₹4,237 crore, still sitting on ₹22,679 crore in cash
From managing his father's trades to rewiring how India invests.
#humanbioscope
And it’s not just the numbers!
No other country, not even mighty China, has as many players in the Badminton Women’s Singles Top 50.
🇮🇳 India: 10
🇯🇵 Japan: 6
🇹🇭 Thailand: 5
🇨🇳 China: 4
🇰🇷 South Korea: 3
And while China has 3 players inside the Top 5, India has none!
Layoff fear never logout
It follows us to bed, through weekends, festivals & family time.
We may smile and celebrate, but somewhere in the mind is always the fear:
“What if I lose my job?”
No job security. No guaranteed income.
Yet income tax is guaranteed.
#AbolishIncomeTax
Meet Nikesh Arora — Rejected 400 Times in the US.
Now Earns 17x More Than Google's CEO.
> 1989 - IIT degree in hand. Two choices - safe job in India or risk everything in the US.
> He chose the US. Applied for jobs. Got rejected 400 times. Despite an IIT degree.
> Took a security guard job. Flipped burgers. Took loans against his parents' pension.
> But saved every single rejection letter. All 400 of them.
> Finally got hired by Fidelity - a finance job. Zero finance background. Adapted on the job.
> Jumped to McKinsey for consulting. Different industry. Different skills. Adapted again.
> 2004 - Joined Google. Not as an engineer - as a business guy. Nobody expected what came next.
> Took Google's ad business from scratch to $60 Billion. Left at absolute peak.
> 2014 - Joined SoftBank - the world's biggest investment company - as Vice Chairman.
> Everyone expected him to become SoftBank's next leader. He walked away again.
> 2018 - Became CEO & Chairman of Palo Alto Networks - world's biggest cybersecurity company.
> Zero cybersecurity experience. Didn't matter. He saw the real problem nobody else was solving.
> Saw the problem - cybersecurity customers buying from 10 different vendors. Chaos.
> Built one platform that does it all - firewall, cloud, end-to-end protection. Simple idea. Massive impact.
> Took Palo Alto Networks from $18 Billion to $130 Billion in market value.
> Now earns 17x more than Google's own CEO.
> Finance → Consulting → Tech → Investing → Cybersecurity. 5 industries. One unstoppable man.
He grew up in an Air Force family moved cities constantly as a kid. That's where he learned his biggest skill adaptability.
Most people climb one ladder their whole life.
Nikesh climbed 5 and reached the top of every single one.
"400 rejection letters. He saved all of them. Not as wounds as fuel."
In the late 1920s, she was in Germany pursuing her doctoral degree in Anthropology at the Kaiser Wilhelm Institute under the prominent academic Eugen Fischer. Fischer was driven by a mission to prove that racial inferiority was biologically determined, operating on a strict hypothesis of Aryan superiority.
Risking her academic career as a scholar under such a man, she directly contradicted Fischer’s theories. She presented her own research findings that there was no biological basis for racial superiority, least of all tied to skull size. Unsurprisingly, Fischer gave her the lowest possible grade yet she stood resolutely by her scientific integrity.
Her name was Irawati Karve, India’s first female anthropologist and a true trailblazer who rejected age old customs and gender inequality.
Born in 1905 in Burma, her name was inspired by the Irrawaddy River.
Throughout her life, she consistently challenged dogmatism. Her celebrated book 𝘠𝘶𝘨𝘢𝘯𝘵𝘢, a critical study of the Mahabharata, won the Sahitya Akademi Award, even as it drew the wrath of orthodox sections of society.
In one of her papers, she offered a profound critique of religious intolerance -
"Many Hindus dream that if the government were wiser, it could rid India both of Muslims and Christians so that one has an entirely Hindu India. It is foolish to think one can establish uniformity and keep it as such through ages. Without the Muslims and Christians, there were bitter wars between Buddhists and non-Buddhists, between Jains and Hindus in the South and between Shaivas and Vaishnavas. The rational humanitarian’s aim cannot be the establishment of one religion but to bring about conditions by which people of different cultures can live together in mutual understanding and respect."
On August 11, 1970, Irawati Karve passed away. Her fierce courage, intellectual honesty, and invaluable contributions deserve to be remembered and celebrated.
RT if you stand with the CA profession. 🔄
This JPC proposal should concern every CA — not just small firms.
1️⃣ Small Company definition expanded massively
Paid-up capital: ₹20 Cr
Turnover: ₹200 Cr
2️⃣ Audit exemption proposed for certain private companies — subject to prescribed conditions.
What looks like “Ease of Doing Business” today could become a major blow to the audit profession tomorrow.
If thousands of companies move outside mandatory audit:
❌ Tier-3 & Tier-2 CA firms will feel the impact first.
❌ Even Tier-1 firms may eventually face pressure.
❌ Audit assignments → ↓
❌ Professional opportunities → ↓
❌ Fee pressure → ↑
Big 4 / large firms may absorb the shock.
But the real impact could fall on the thousands of small & mid-sized CA firms across India.
Audit is not merely a compliance cost.
It is a pillar of financial transparency, accountability and stakeholder confidence.
#CA #CharteredAccountants #Audit #ICAI #CompaniesAct #CAProfession #JPC
Ram Bajaj
8696424223
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Stat Audit should not be removed
Stat Audit should not be removed
Stat Audit should not be removed
Stat Audit should not be removed
Stat Audit should not be removed
Stat Audit should not be removed
Stat Audit should not be removed
Stat Audit should not be removed
Assam wants to shrink Kaziranga’s eco-sensitive zone from 10km to 1km for a stadium and other development. Yet every monsoon floods force elephants and rhinos towards higher ground through these very corridors.
Let’s build stadiums elsewhere as we cannot build another Kaziranga.
On behalf of the Government and the people of Karnataka, I warmly congratulate Professor Deepak Dhar, INSA Distinguished Professor at the International Centre for Theoretical Sciences (ICTS-TIFR) in Bengaluru, who has been awarded the 2026 ICTP Dirac Medal. Awarded annually by the International Centre for Theoretical Physics (ICTP), the Dirac Medal is one of the world’s most prestigious honours in theoretical physics. Professor Dhar shares this year’s honour with Bernard Derrida, Marc Mézard and Haim Sompolinsky, in recognition of “their pioneering contributions to equilibrium statistical mechanics and for extending its concepts and methods into non-equilibrium statistical mechanics, optimization problems, theoretical neuroscience, and, finally, artificial intelligence.”
I am delighted to note that Professor Dhar is the second Indian to receive the Dirac Medal, after Professor Ashoke Sen, who was awarded the Medal in 2014. Professor Sen is ICTS-Infosys Madhava Chair Professor at ICTS.
This makes Bengaluru the home of both of India’s Dirac Medallists!
ICTS, a centre of the Tata Institute of Fundamental Research, is a leading global hub for research in the theoretical sciences and a vibrant meeting point for the global scientific community. Its world-class research is complemented by a rich calendar of programs and discussion meetings. Every day, ICTS is helping strengthen India’s place on the global scientific map while nurturing a wider appreciation of science in society.
The Government of Karnataka has supported the establishment and further expansion of ICTS for a mathematical and physical sciences cluster. This is part of our plan for India’s first Quantum City, adjacent to ICTS at Hesaraghatta. The proposed Quantum City will bring together research, advanced laboratories, start-ups, industry and academic institutions.
I finally started my own YouTube channel - something many of you had been asking me to do for years
So now, do go and subscribe
Do tell others who might be interested
Here is the link
https://t.co/FfxhZXKprX