Friday, 28 June 2019

Topics Related to Chartered Accountancy.

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Wednesday, 13 April 2016

One of the Famous and Great Chartered Accountants of India

Famous Chartered Accountants of India
Mr.Rakesh Jhunjhunwala

 An Indian Investor and Trader. He is a qualified Chartered Accountant. He manages his own portfolio as a partner in his asset management firm, Rare Enterprises.Jhunjhunwala has been described by India Todaymagazine as the "pin-up boy of the current bull run" and by The Economic Times as "Pied Piper of Indian bourses".He is even a producer of Movies Ki and Ka & English Vinglish.His daily gain was almost Rs8.4crore per day.
Net worth of Rakesh Jhunjhunwala was nearly growing by Rs 60 Cr a week and 240 Cr month. If we break down further he made hourly around Rs 35 lakh in stock market. This money is enough in buying Audi or BMW car every hour. His Net worth is Rs12728,24,00000($1.91 billions). 
Mr Jhunjhunwala raised his stake in casino or Delta Corp by picking up shares worth Rs 11.4 crore (12.5 lakh shares at Rs 91.75 apiece). Delta Corp shares hit an intraday high of Rs 103.80 on Tuesday, close to its 52-week (adjusted) high of Rs 112.45.
He invested in two companies last week. One of them was Kochi-based brokerage Geojit BNP Financial Services in which Mr Jhunjhunwala reportedly bought 6.25 lakh shares over two days on behalf of his wife Rekha Jhunjhunwala. Mr Jhunjhunwala has been a large shareholder in Geojit BNP Paribas since 2004 and is also on the company's board. Shares in BNP Paribas hit a high of Rs 52.95 on February 2, highest since May 2009.
His other investment last week was in construction firm Man Infra. Mr Jhunjhunwala bought 3 million shares in Man Infra for Rs 10.8 crore (at Rs 36 apiece). Man Infra shares hit a high of Rs 48.80 on Monday, their highest level since December 2010.
Over the last few months, Mr Jhunjhunwala has bought shares in IT firm Polaris Consulting & Services, budget carrier SpiceJet and commodity bourse MCX. He also owns stake in jewellery maker Titan, liquor makers United Spirits and Radico Khaitan, drugmaker Lupin, ratings company Crisil, agro-chemical company Rallis India, Orient Cement, Edelweiss Finance Services, automaker Escorts, HT Media, home finance firm DHFL, IT training firm Aptech, A2Z Maintenance, Viceroy Hotels, auto parts manufacturer Autoline Industries and Prakash Industries, according to media reports.
OTHER INVESTMENTS:
Mr Jhunjhunwala has also collaborated with his guru Radhakrishnan Damani to venture into film production.
On frobes list
#1011 Billionaires (2016)
#56 India's Richest (2015)
He is a inspiration to CA aspirants.



Piyush Goyal




Piyush Goyal is the Minister of State with Independent Charge for Power, Coal, New and Renewable Energy in the Government of India. He is currently a Member of Parliament (Rajya Sabha) and was earlier the National Treasurer of the Bharatiya Janata Party (BJP). He headed the BJP's Information Communication Campaign Committee and oversaw the publicity and advertising campaign of the party including the social media outreach for the Indian General Elections 2014

He has had a strong academic record - all-India second rank holder Chartered Accountant[3] and second rank holder in Law in Mumbai University. He has participated in Leadership Programs at Yale University (2011), Oxford University (2012) and Princeton University (2013) and is currently pursuing the Owner / President Management (OPM) Program at Harvard Business School. He did his schooling from Don Bosco High School, Matunga

A well-known investment banker, he has advised top corporates on management strategy and growth; also served on the Board of India’s largest commercial bank, State Bank of India and Bank of Baroda.

Piyush was a member of the Standing Committee on Finance and the Consultative Committee for the Ministry of Defence. An active member of the Managing Committee of Indian Merchants Chamber, he is also involved with NGOs in diverse fields such as tribal education and welfare of the physically challenged (Jaipur Foot
During his 28-year-long political career, he has served on the National Executive and held several important positions in the BJP. He was also nominated by the Government of India to the Task Force for Interlinking of Rivers. He was the Dy. Campaign In-charge for the Parliament elections in 1991 and played a key role at the central level in all elections since 2004.

He was the minister-in-waiting for US President Barack Obama who visited India on 26th January, 2015