Cost Management & MIS
Profit Maximization objective of business is dependent upon two variables i.e. Revenue Maximization and Cost Minimization. Both these systems together lead towards maximization of top line and bottom lines of balance sheet. Cost can be classified in three broad categories depending upon their linkages with revenue: Cost Directly linked with Revenue Generation Cost Indirectly linked with Revenue Generation Cost Not linked with Revenue Generation Cost can also be categorized as costs related to: Business Acquisition […]
Prevailing Wars in world
Towards Global Governance World is constantly going through many wars. At present world is engulfed with Middle East war which has eclipsed Russian – Ukraine War of last two years and still continuing. Wars have been integral part of human civilization. Ancient wars like Mahabharat & Ramayana are part of our ancient history. In recent time World War 1 & 2 have been most destructive war which ended with invention and use of most destructive […]
Indian Army Requires Much More than Empty Praise
There is flood of praise for Indian Army after recent incidents in Kashmir. Social Media is flooded by posts on subject. However as citizens we should reflect whether this is sufficient ? A few questions first: How Many of us are encouraging our children to opt for Defense Services as a Career ? How many if us are willing to adopt hardships of Defense Life including possible severe physical handicap or even death ? It […]
World Technology Day
Today is National Technology Day. Two decades back in 1998 India took a giant step in Nuclear Technology. Digitization has subsequently taken Internet Technology to Masses and impacted lives in big way. Digital Infrastructure created has helped in big way to cope up with current lock down due to Covid19. The next step may be to integrate Startup Culture with thousands of local level innovations (Jugaad ) in a big way. These innovative solutions need […]
Bhagwad Geeta & Winning Covid 19 War
Bhagwad Geeta ‘s first chapter ( 1:2 to 1:12) starts with a dialogue when Duryodhan approaches Dronacharya and conveys to him about his lack of confidence in Bhishma , the commander in chief of army. He asks Drona to protect Bhishma. Ayaneshu cha sarveshu yathaabhaagam avasthitaah; Bheeshmam evaabhirakshantu bhavantah sarva eva hi. (1:11) Tasya sanjanayan harsham kuruvriddhah pitaamahah; Simhanaadam vinadyocchaih shankham dadhmau prataapavaan.(1:12) “ Our army led by Bhishma is insufficient, whereas Pandav’s army, led […]
Post Covid World : Opportunities For India
Covid 19 has thrown unprecedented challenges to country and world as a whole. All of a sudden we are faced with a situation where wheels of economy has completely stopped. A major part of our population has become dependent on Government doles. Since business cycles have been disrupted globally – no one is sure how businesses of every size shall survive. Revenues of Govt. have also been badly hit which shall in turn impact development […]