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👇
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)
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
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.
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
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.”
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.
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
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
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.
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
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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Led by the KVS Manian,
Federal Bank is diversifying away from Gold loans into a complete bank now!
The bank reported a superb set of numbers yesterday,
A thread🧵on the business of Federal Bank & what lies ahead?
Let's go👇
What is happening?
After disappointing the investors for 5 years
Federal Bank has finally started to report record profits.
Lets analyse the business of Federal Bank
On of the biggest Assets,
KVS Manian has join Federal bank!
Shri. KVS Manian joins Federal Bank after an illustrious career spanning over two and a half decades at Kotak Mahindra Bank Ltd. During his tenure at Kotak, he played a pivotal role in the bank’s transformation from a Non-Banking Financial Company (NBFC) to one of India’s leading private sector banks.
His leadership was instrumental in driving the growth and profitability of Kotak’s Corporate, Institutional, and Investment Banking, as well as Wealth Management divisions.
As international investment resumes,
Parag Parekh has just launched an S&P 500+Nasdaq 100 FoF
Who can invest in these funds?
What is the minimum investment size?
A thread🧵on PPFAS gift city funds & should u invest thru it?👇
Background:-
The Reserve Bank of India (RBI), in coordination with the Securities and Exchange Board of India (SEBI), has placed overall industry-wide caps on foreign investments by Indian mutual fund houses.
The restrictions, primarily designed to manage foreign exchange reserves and control currency volatility, have currently caused a halt in fresh investments into most international mutual funds
What is GIFT city?
GIFT City, or Gujarat International Finance Tec-City, is India's first operational smart city and an International Financial Services Centre (IFSC) located between Ahmedabad and Gandhinagar.
GIFT City provides a highly attractive environment for US investment through its International Financial Services Centre (IFSC), which acts as a foreign jurisdiction on Indian soil.
Most households have traditional Life insurance policies with an "Assured Sum of money" from LIC and other insurers
Most do not know what to do with these policies now
A thread🧵 on what you should do with ur LIC Policies?👇
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)
As international investment resumes,
Parag Parekh has just launched a PMS for investments to the US.
Who can invest in this PMS?
What is the minimum investment size?
A thread🧵on PPFAS gift city PMS and should u invest thru it?👇
Background:-
The Reserve Bank of India (RBI), in coordination with the Securities and Exchange Board of India (SEBI), has placed overall industry-wide caps on foreign investments by Indian mutual fund houses.
The restrictions, primarily designed to manage foreign exchange reserves and control currency volatility, have currently caused a halt in fresh investments into most international mutual funds
What is GIFT city?
GIFT City, or Gujarat International Finance Tec-City, is India's first operational smart city and an International Financial Services Centre (IFSC) located between Ahmedabad and Gandhinagar.
GIFT City provides a highly attractive environment for US investment through its International Financial Services Centre (IFSC), which acts as a foreign jurisdiction on Indian soil.
The insurer rejected the claim, stating that excessive drinking is the cause of liver damage!
Can your health insurer reject your claim due to smoking & drinking?(even if u declare it)
A thread🧵on claims due to smoking and drinking in health insurance?
Lets go👇
How does smoking and drinking affect your health insurance?
Both smoking and drinking are injurious to health
For Smoking:-
If you smoke more than 6 cigarettes a day no insurer issues a policy.
For Drinking:-
If you drink upto 200ml per week insurers may issue a policy but they may load the premium
Medical Conditions that you may develop:- 1. Lung Cancer 2. All kinds of respiratory problems inclusing asthama 3. Heart diseases
4.Diabeties 5. Liver problems 6. Kidney damage and many more