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Anecdotes

Patanjali Keswani & the Markets

Patanjali Keswani is the Founder & MD of Lemon Tree Hotels

Source: Sunday Business Standard
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Anecdotes

Enam’s Nemish Shah’s Back Story

Source: The Reluctant Billionaire

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Anecdotes

The Curse of the Investor

Circa 2008

A group of investors from Ahmedabad come to Mumbai to meet an industrialist

The industrialist is at the peak of his prowess and is the toast of town

The investors tell his staff to inform him: “Hum unke pitaji ke purane mitr the. Hamara relation bees saal se upar hai. Hamein sirf aapke saath chai peena hai”

They get the reply back: “Unke pass time nahin hai. Aap chai apne aap pee lena aur paise hum se le lena”

The Investors curse: “Ek din yeh Investors se chai peene ke liye tarsege aur koi usko khada nahi rakhega”

Karma is a bitch

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Anecdotes

Loyalty Matters

But Yusuff Ali’s big break came through in 1990 amid the Gulf War.

As many packed their bags to leave the emirate, Ali decided to invest and open a “big hypermarket” in Abu Dhabi, a move that caught the attention of Sheikh Zayed, the ruler there.

“He asked me, how do you have the energy when everybody is abandoning the country,” Ali says. “I told him we are here to stay and that I learnt my business in Abu Dhabi and was not willing to run away from the problem.”

An impressed Zayed called his son, the current ruler, and told him to take care of Ali.

“That relationship continues to this date,” Ali says. “They treat me like family. Even when PM Narendra Modi was visiting, I was seated with the royal family. They treat me like their own.”

From Forbes

Categories
Anecdotes

Dhirubhai Ambani’s advice on IPO

Source : Annual Report 2017-18 of Iris Business Services