From a Mumbai chawl to the Forbes rich list!
A year ago, everybody complimented Manoj Tirodkar for his restlessness to grow and create value. Today, the same lot will turn around and say that is his millstone. T he punishment has been severe. Tirodkar's listed entities Global Telesystems Limited (GTL) and Global Telesystems Infrastructure (GTL Infra), two sister concerns with large holdings by foreign investors have been mauled by investors in the past week. On Monday alone, GTL plummeted 62 per cent in one trading day, the second-highest fall in a single day in over a decade for BSE-500 stocks after the Satyam crash. To put it in perspective, since last Thursday, the two companies together have lost Rs 4,420 crore (Rs 44.2 billion) in market capitalisation a 63 per cent erosion. While GTL infrastructure owns the assets and earns rental income, GTL sells the equipment and offers other services to operators. Click NEXT to read more... A s in the past, conspiracy theories abound. First there was speculation that foreign investors in the counter were dumping the stock on fears that Mauritius may start taxing capital gains. Then there were whispers of corporate rivals hell-bent on launching an assault on the company and the fire sale was a precursor to a takeover. Such gossip usually gets aggravated in the street, especially when it comes to GTL, as many still associate with Tirodkar's chequered past. GTL's chairman is not new to controversy. At 27, he had become a poster boy of the dotcom boom in 2000-01, only until it later emerged that the stock was part of a pack of securities whose prices were jacked up artificially by the now-tarnished and banned operator, Ketan Parekh. Click NEXT to read more... A KP redux was also the talking point, and what was more worrying was the fact that Tirodkar was not buying up the falling shares to provide support. Was he, then, not confident of his telecom tower operations?
At a dinner banquet last year at the Taj Mahal rooftop - after successfully concluding a merger between Aircel's towers and group company GTL Infrastructure - Tirodkar was hailed as sagacious, humble and hands-on by a motley bunch of suave bankers, analysts and media persons.
Tirodkar, for most, epitomised the new entrepreneurial India, transcending his humble beginnings in the chawls of Mumbai's Girgaum as a charting broker in the shipping industry, and claiming his place in the Forbes
Forbes 500 List - News
Tirodkar, for most, epitomised the new entrepreneurial India, transcending his humble beginnings in the chawls of Mumbai's Girgaum as a charting broker in the shipping industry, and claiming his place in the Forbes rich list while rubbing shoulders
Qiu Guanghe, chairman of fashion retail Semir, was among the group and also made the 2011 Forbes Billionaires List earlier this year. Yet even Semir has gotten caught in a downdraft of investor sentiment toward the fashion industry of late.
Its global network of seasoned business leaders, some of who pop on Forbes's billionaires list, advise emerging market entrepreneurs on strengthening and scaling their operations to global excellence. The organization, as the summit's agenda reflects,
After another year of being widely recognized as one of the top high schools in the nation, Mira Costa High has been left off Newsweek magazine's recently released list of America's 500 Best High Schools. Nearby schools that made the list include Palos
The four companies that were value picks last week all outperformed the MSCI Emerging Markets index, with Brasil Foods and Gulf Resources also beating the S&P 500. Since June 13, Brasil Foods rose 3.85%; Gulf Resources rose 22.07%, AsiaInfo rose 1.25%
Forbes 500 Companies | Sound Investment: Prudential Annuities
Prudential annuities are provided by one of the world s Greatest and most productive financial organizations which actually covers two distinct companies: Prudential, PLC and Prudential Financial, Inc. Prudential PLC is the one that operates outside the United Kingdom while the Prudential Financial, is one of the most popular financial institution in America since it is a U.S. based company. Prudential Financial, Inc. is one of America s leading suppliers of various annuities. It ranks extremely on both the Fortune 500 list and the Forbes 500 list as well. Moreover, the most recent net income of the company is beyond 9 billion dollars. Also, its sister company is the second biggest life insurance provider in the U.S. – Prudential Life Insurance Company. While Prudential Financial operates out of the United States, it bears a place in the world-wide financial market. With more than 40 thousand employees in 37 counties, it is indeed one of the world s most vigorous financial institutions. It has more than 50 million clients world-wide, making it easy to see why ranks within the top 125 public companies on Fortune Magazine s Global 2000 list. Individuals who holds a certain annuity plan usually deposits money on insurance companies at a particular interval. In the case of a pension plan annuity, these payments are often scheduled with the individual s regular paycheck. Each pay period, a particular amount of money is withheld from the employee s pay and then deposited into the annuity fund. Many retirees count on the monthly payments they acquire from retirement plans through Prudential annuities. After having contributed monies on a weekly or bi-weekly basis for a number of years, they can be secure that the interest made on their annuity monies will be enough to maintain their quality of life for many years to come.
Ranking List: Forbes Top 500 America's Best Colleges Representing Top 20% of All US 4-Year Colleges, Many Higher... 
RT : i saw the list of forbes 500 CEO's...my name wasnt there...so i went to work... :D
RT : Fuck a hoop dream I'm trying to be on the Forbes List, Fortune 500 type shit Forbes 500 List - Bookshelf
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