Aditya Shah Profile picture
Aug 26, 2023 16 tweets 5 min read Read on X
At the age of 28,
Dr. Vikram Sarabhai convinced the Indian government to Set up ISRO🤯
He had a dream to reach the moon

As Chandrayaan-3 lands on the moon
Dr. Vikram Sarabhai's incredible dream has come true

A thread🧵on the inspiring & incredible Dr. Vikram Sarabhai

Lets go👇 Image
Dr Vikram Sarabhai was born in a well-to-do family of industrialists.
Sarabhai completed his doctorate degree from Cambridge University.
His Ph.D. was mentored by the great CV Raman(Nobel Prize winner) Image
In a small room in Ahemadabad, he set up a Physical Research Laboratory

It is one of the finest institutes in the world concentrated on Space exploration Image
Vikram Sarabhai wanted to research on Cosmic Rays and how the earth’s atmosphere traps these rays. The PRL was established as an extension of “The Retreat”, the family home of the Sarabhais.
His Passion for Space exploration was immense

At 28, he persuaded the Indian Govt to set up ISRO.
He was convinced that a developing nation like India could go to the moon. Image
He Said

"Here are some who question the relevance of space activities in a developing nation
To us, there is no ambiguity of purpose
We do not have the fantasy of competing with economically advanced nations in the exploration of the moon or the planets or manned space-flight Image
But we are convinced that if we are to play a meaningful role nationally, and in the community of nations, we must be second to none in the application of advanced technologies to the real problems of man and society.” Image
In,1963
he launches a small rocket into space from a small Village called Thumba in Trivandrum.

He was successful in launching the rocket.

This would go on to become a major rocket launching site for ISRO in the coming years. Image
Spotting of Genius President of India APJ Abdul Kalam:-

Dr Sarabhai spotted the talent of APJ Abdul Kalam,
Not only did he spot him, but he also mentored him Image
President Kalam once said about the greatness of Dr Sarabhai👇

"“I was spotted by Prof. Vikram Sarabhai because I was not highly qualified, but I was working hard, I had acquired the knowledge at the time, when he spotted me as a young scientist.
Then he gave me full responsibility to grow, not only he select me when I was in the lower bottom, but he gave me responsibility to grow and ensured that I succeed and if I failed, he was by my side.”
He helped build India's first satellite:-

In 1975 India's first satellite Aryabhatta was built.
Dr Sarabhai passed away in 1971 but a lot of cosmic work was used in creating India's first satellite Image
Setting up of IIM-A:-

Vikram Sarabhai was also one of the founding members of the Indian Institute of Management, Ahmedabad.
Today it continues to be a beacon for innovation and entrepreneurship. Image
In 1966,Dr Vikram Sarabhai was given Padma Bhushan for his incredible contribution to space research in India.

In 1972 he was also given the Padma Bhushan Image
Some incredible quotes by Dr Vikram Sarabhai:-

Dr. Sarabhai was a visionary who had an incredible passion and dedication for space research.

As India goes to the moon
We have to thank Dr. Vikram Sarabhai for his incredible vision.

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More from @AdityaD_Shah

Nov 18
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At 79,
V Jagannathan, Star Health Founder together with the TVS group has now launched
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Galaxy launched a superb new health insurance policy yesterday with
🩺No premium rise until 55years or first claim,
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The policy looks loaded with great benefits🤯🤯

A thread🧵on the features of the new Galaxy "Promise" health insurance?👇Image
At 62,
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At 79,
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Galaxy Insurance🤯 Image
Galaxy Insurance launched its new policy

Galaxy "Promise" in 3 variants
🩺Signature
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So here is the policy analysis👇Image
Read 18 tweets
Nov 7
🚨What to do with your LIC policies?

Do u have a LIC policy sold by a relative/uncle and don't know what to do with these policies now?

Policies with an "Assured Sum of Money" have very poor returns

A thread🧵 on what you should do with ur LIC Policies?

Let's go👇 Image
What is life insurance?

A Life Insurance policy provides financial security to the family of the insured, in case of their death during the policy period, and in some cases a maturity benefit to the insured person, after a set period of time.
Types of life insurance

There are policies which

🏦combine insurance+investments(Savings policies)
🏦which only provide life insurance(Preotection policies) Image
Read 16 tweets
Nov 2
In 2000s-
IT outsourcing was a big trend
IT Stocks became big wealth creators!

Now Pharma outsourcing is the big trend i.e CRAMS/CDMO
US BioSecure Act will mean more business for Indian CDMO companies

What is CRAMS/CDMO?

A thread🧵 explaining the big outsourcing opportunities in Pharma & how companies are taking advantage

Lets go👇Image
What is CRAMS/CDMO?

Contract Research & Manufacturing Services (CRAMS)

Contract development and manufacturing organization
(CDMO)

What are they?
🧪The pharmaceutical market uses outsourcing services from providers in the form of contract research organizations (CROs) and contract manufacturing organizations (CMOs).

🧪CRAMS is one of the fastest-growing segments in the pharmaceutical Image
Read 23 tweets
Oct 18
Axis Bank-A turnaround story?

One of the cheapest Large Private sector
Amitabh Chaudhary is slowly and steadily giving a makeover to Axis Bank

Axis Bank reported its results yesterday

A thread🧵on the results of Axis Bank and the way forward?

Lets go👇 Image
In January 2019,

After RBI did not approve the extension of Shikha Shama as the CEO of Axis Bank

Amitabh Chaudhary then CEO of HDFC Life was then drafted in to head the bank Image
Over the last 4-5 years,

Axis has shown a tremendous improvement in the ROE and RoA matrix due to the changes made the bank in operation

This has also coincided with many other large banks showing an improvement Image
Read 13 tweets
Sep 28
🚨Provident Fund rule changes

Provident Fund is an excellent debt product that is completely exempt(EEE) from taxation

Effective Oct 1,
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A thread🧵 on Provident Fund & how do the rule changes effect u?

Lets go👇 Image
What is Provident Fund(PF)?

A Provident fund is another name for pension fund.

Its purpose is to provide employees with payments at the time of exit from their place of employment ot at the maturity of the scheme.
Types of Provident Fund:-

1. Employee Provident Fund
2. Public Provident Fund
3. Voluntary Provident Fund
Read 17 tweets
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A platform for short-term power trading!

The stock tanked yesterday on the news of market coupling moving ahead
Will market coupling seriously affect IEX?

A thread🧵on the business of IEX and the key concerns

Lets go👇 Image
What is happening?
Once fancied as a platform business.

IEX shares tanked 10% yesterday on the back of the news that the govt is considering market coupling once again

What is happening, lets deep dive Image
Business for IEX:-

The Indian Energy Exchange or IEX is an electronic power trading marketplace for electricity corporations and boards to trade contracts related to energy.

In simple terms, just like how individuals can trade in the stock market to gain profit, electricity corporations can trade on the IEX to increase profitability and have better price discovery.

In India, power distribution can be segregated into long-term markets, including contracts between Generation Companies (Gencos) and Discoms for up to 25 years, and short-term markets, including contracts for up to 1 year.Image
Read 18 tweets

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