Coal India Limited would be the World’s biggest listed coal producer!

Coal India Limited is set to make history with Rs 15,200-cr IPO, Coal India’s initial public offering (IPO), the nations biggest and priced at a discount to global peers, is likely to attract investors and set the stage for it to become a global industry benchmark, akin to Brazil’s Vale in iron ore.

The government said investors can bid for Coal India (CIL) shares in the Rs 225-245 price band that will help it raise as much as Rs 15,200 crore. Ten per cent of the company, or 63.16 crore shares are on sale, which if priced at the top end, could make it the seventh most-valuable firm in whole of India with a market capitalization of $34 billion.

Coal India, with an output of 431 million tonnes a year, would be the world’s biggest listed coal producer. Its coal reserves are also the largest in the world with 10.6 billion tonnes compared with Peabody’s 9.3 billion tonnes and China’s Shenhua’s 7.4 billion tonnes.


Economic Times

One of the youngest HNI’s in the world - Mark Zuckerberg

Mark Elliot "Zuck" Zuckerberg (born May 14, 1984) is an American entrepreneur who co-founded the social networking site Facebook. Zuckerberg co-founded Facebook with fellow classmates Dustin Moskovitz, Eduardo Saverin, and Chris Hughes while attending Harvard. He is a billionaire due to his 24% share of Facebook.

Zuckerberg launched Facebook from his Harvard dormitory room on February 4, 2004.The idea came to him because the Harvard administration was unable to implement an online directory in response to student requests.

Mark started Facebook with the intention of bringing the youth to a place where they can share, learn and have a good time. Mark’s success didn’t take too long & soon Facebook became very popular throughout the world making Mark one of the youngest HNI's in the world. Mark has become a great inspiration for everyone in this world.

Source:Wikipedia

The Top five tech guru’s in the world!!!

The recent Forbes Magazine showed the list of Top tech Guru's of the world, Let us take a look at them:

1.Bill Gates

Bill (William Henry) Gates, chairman and co-founder of Microsoft, with a net worth of 54 billion dollars is also believed to be the second richest man according to the Forbes.

2.Larry Ellison

Born to an unwed Jewish woman, Larry Ellison is the co-founder and CEO of Oracle Corporation. Oracle is the world's leading supplier of software for information management, and the world's second largest software company.

3.Sergey Brin

Sergey Brin, the co-founder of Google, was born in Moscow. Google today runs over one million servers in data centers across the world, and processes over one billion search requests every day. His net worth is estimated at $15 billion.

4.Larry Page

Larry Page, Google's other co-founder, was born into a Jewish family in Michigan. His net worth is estimated at $15 billion. The world's No.1 search engine, Google has seen an impressive growth in these 12 years with profit to the tune of $6.520 billion and total assets of $40.497 billion.

5.Michael Dell

Michael Dell, the founder of Dell Inc, one of the world's most successful IT companies.. His net worth is estimated at $14 billion. Dell became an entrepreneur at a very young age of 12, made his first $1,000 by selling stamps, and later sold newspaper subscriptions for Houston Post, making enough money to buy a BMW at 16.


Source: Rediff

The Innovation Secrets of Steve Jobs!

Steve Jobs is one of those entrepreneurs who seem universally either loved, but not many will argue with his ability to innovate in the technology product arena over the years.

He was instrumental in creating Apple, which has pioneered a dazzling array of new products, and recently surpassed Microsoft, to become the world’s most valuable technology company. Carmine Gallo, in a new book titled “The Innovation Secrets of Steve Jobs’ outlines Jobs insanely different principles for breakthrough success. In this book he lays down eight principles of innovation which every entrepreneur in this world should follow for guaranteed success.

Eight Innovation Secrets from Steve Jobs which every entrepreneur should know:
1.Do what you love
2.Put a Dent in the universe
3.Kick Start your brain
4.Sell dreams, not products
5.Say no to 1000 things
6.Create insanely great experiences
7.Master the message
8.See yourself as the brand
This book would help not only the entrepreneur’s but everyone who wishes to be innovative in their endeavors.

Amazing innovators from Rural India!!!

As the Indian economy continues to progress with time, one cannot ignore the fact the rural India has always been the backbone of various sectors including food. Here’s an interesting insight into the lives of these five amazing innovators who have made a difference in the rural lifestyle, thereby helping it grow at a much faster rate.

1.Uddhab Bharali

Uddhab Bharali is a serial innovator who has designed and prototyped around 85 devices for different purposes.

He first developed the polythene-making machine in 1988. Some of his innovations include:
Pomegranate De-seeder: It separates the outer cover and thin inner membrane without damaging the seeds. It has a capacity of deseeding 50-55 kg of pomegranate fruits per hour. The machine has been exported to Turkey and the United States of America.
Arecanut Peeler: Annoyed by the injuries caused while peeling the areca nuts manually, he developed an areca nut peeling machine with a capacity of peeling 100-120 nuts per minute.
Cassava peeler: It is a portable electric machine that can process up to five kg of cassava per minute. NIF facilitated the technology licensing on non-exclusive basis to a Guwahati based entrepreneur. One unit has even been sold to a customer based in Kenya.

2.Bachubhai Savjibhai Thesia

Bachubhai is known as 'Khopadee' (brains) in this small township. To many he may appear a persistent explorer of crazy ideas, but his reputation as a serial innovator has spread far and wide.
Doing away with the steering wheel, Bachubhai (58), an inventor and innovator, has developed a lever operated farm machine capable of doing most agricultural operations.

3.Dhirajlal Virjibhai Thummar

Here’s a man who created a new wilt resistant groundnut variety when In 2004, he saw a complete crop failure as the whole field got infested with the stem rot disease resulting in wilting.
'Dhiraj 101', the new variety of groundnut, selected from the GG 20 variety is early maturing and is resistant to wilt due to stem rot. At 3,200-3,500 kg per hectare, the yield is also higher than that of the locally cultivated varieties (GG 20 & GG 2).

4.Pandharinath Sarjerao

A farmer from Maharashtra, Pandharinath Sarjerao More developed an affordable, semi-automatic transplanter for timely sowing of onion seedlingsThe task of transplanting onion seedlings manually is time consuming and labour intensive.
Pandharinath's onion transplanter is a tractor drawn semi-automatic unit. It can perform three functions at a time viz. transplanting the onion, applying the fertilizer and making the irrigation channels.

5.Mushtaq Ahmad Dar

Mushtaq Ahmad Dar (28), a young innovator from Kashmir, has developed a machine that can crack walnuts and peel the green ones.He has also made a portable climber that can be used to climb trees and poles. Presently, he is developing a machine for cracking almonds.
Looking at their achievement s we can surely say that innovations takes place in the mind of those who care to do things for others, the people with vision and passion to contribute something for the society.


Source: Rediff