Prithviraj Kothari of RiddiSiddhi Bullion who reshaped Bullion Industry in India

August 30, 2013 Leave a comment

Mr. Prithviraj Kothari, a Marwadi, had started off his career in the early 80’s at his dad’s 180-square feet customs notified goods shop doing simple tasks of selling custom notified goods which is situated at Mumbai’s Cursetji Shuklaji Street, the shop was among the few licensed agents that sold gold, Pashmina shawls, etc. which were seized by the customs.  He has always been a very simple person until recently when he allowed himself a little taste of luxury.  Last year, he left his 625-sq ft home for a 2500-sq ft, flat at Imperial Twin Towers which an ultra-luxury apartment at Tardeo built by Shapoorji Pallonji. Even today he drives his Toyota Etios, a higher middle class car though he runs a company which has an annual turnover of Rs 25,000 crore. Prithviraj Kothari wears simple though crisp white clothes. He occasionally slips on a suit or blazer. He is a graduate from Mumbai University and has been in the family business of gold trading since last 3 decades and still counting.

He pioneered RiddiSiddhi Bullion Limited (RSBL) in 1994, which is India’s top gold and silver trading company which sells gold and silver worth Rs 100 crore daily. Mr. Kothari began his bullion trade when Mumbai was ruled by Underworld who sold smuggled gold to small Marwadi jewellers.  This usually led to raids which were a common feature at Zaveri Bazaar back then. This had pushed the trading business to dismal state but Mr. Prithviraj Kothari did not loose hope with all this happenings, he figured out an opportunity and tied up with the overseas bank to import gold which was then sold in India. His fellows, rather everyone at Zaveri Bazar calls him by the nick name PK.  He is a man of technology, his understanding of technology and sophisticated market mechanisms helped him further grow his business.  He attracted dealers by distributing around 50 VSAT terminals (satellite antennas) to help them track international bullion prices which helped them to price their products better. Having grown each day, today he owns a 20,000 sq feet Bullion House, which is the headquarters of his company RiddiSiddhi Bullions (RSBL). In a period of 6 years he built up a cumulative turnover of 1.2 lakh crore which also earned him the “Bullion King” title. Today anything to do with bullion trading in the country has traces of Mr. Prithviraj Kothari’s idea. What paid off for him is the online spot bullion trading platform (RSBL SPOT) that he launched in 2008, which accounts for 15% of the bullion traded in India. Today, he buys truckloads of gold and silver bars and sells them to over 2,200 jewellers through his online spot bullion trading platform (RSBL SPOT), which is the only such in the country.

It should of great honor for Mr. Prithviraj Kothari to be consulted by the Indian government in helping them making the bullion market more organized. He is the person who pioneered INR trading in India. He is on advisory board of MCX and was a former president at Bombay Bullion Association. He had also been awarded with Jain Ratna Award in 2012 by the former president on India, Ms. Pratibha Patil and recently in 2013 by the Chief Minister of Maharastra, Mr. Prithviraj Chauhan for his contribution and upbringing of Jain fraternity.

He has always been a visionary since the day he stepped in business, which has brought him success today. He is a figure who wants to bring a revolution in the Bullion Industry. He does not have anything to hide about his business ambitions, like his personal life. Mr. Prithviraj Kothari monitors international bullion prices himself on his tablet for up to 16 hours a day. He has a vision to buy gold mines in Australia, Canada or Africa some day in near future. He would also like to build a gold refinery close to Mumbai for making gold coins and bars. His plan is to build one in Navi Mumbai or Panvel. This will make delivery of gold coins and bars to various jewelers in Mumbai and Gujarat easier and less risky. He has a vision to put Riddhi Siddhi Bullions Limited on the World map where people in the international market would know about the brand RSBL and trade with trust with the brand.

Broadcaster earnings to see a sharp rise as digitisation takes off

July 26, 2012 Leave a comment
  • TV18 (CNBC-TV18, CNBC-Awaaz, Colors, MTV) to reap rich dividends

Digitization of television broadcast is the next big game changer for the TV industry in India, ensuring enhanced quality of pictures and service delivery and more importantly promising a quantum jump in subscription revenue for multi-channel networks such as TV18 and others. Even as spending on advertisement spots would continue to provide substantial revenue for TV broadcasters, digital transmission through set-top boxes unleashes a big opportunity to increase incomes for Indian broadcasters in line with global standards.

Television viewership has seen explosive growth in India over the past two decades, vaulting the cable TV industry to the No. 3 spot in the world behind China and the US. However, large-scale under-reporting of cable-enabled households by operators has been a major millstone around the necks of broadcasters, severely hampering their subscription revenue. The analog cable networks have also been hobbled by overloads with the massive leap in TV channels and offerings.

Today, more than 600 TV channels are beamed into homes round-the-clock, offering a heady mix of soap operas, music, dance, fashion, films, realty game shows, news and sports. By rolling out the mandatory Digital Addressable System (DAS), the technology allows for carrying up to 999 channels and gives the TV broadcasting industry a better share of the distribution pie. It is estimated that the last-mile cable operator pockets a whopping Rs.160 billion out of the Rs.200 billion paid by viewers, leaving a meagre Rs.40 billion for broadcasters, the Times of India reported in April.

Clearly, digitization would sharply boost the earnings of companies such as TV18, which operates news channels like CNBC-TV18, CNBC-Awaaz, CNN-IBN, IBN-7, IBN-Lokmat, and whose joint venture with Viacom offers a portfolio of popular entertainment channels – Colors, MTV, Sonic, Comedy Central, VH1 and Nick – and Viacom18 Motion Pictures, the group’s filmed entertainment business. Earnings from these relatively new offerings, along with the History TV18 channel launched in tie-up with A&E Networks, are set to jump with rising viewership drawing in higher advertisement and subscription revenue.  

More than 148 million homes now have a TV in India, according to Pioneer Investcorp that tracks the cable and satellite industry, a big leap from about 88 million homes in 2000. While nearly every household in countries like the United States, Europe, Japan and other developed nations have a TV, in India, it would take many years more to achieve that landmark, underscoring the tremendous prospect for further growth of the industry in this country.

Little surprise, subscription revenues are projected to be the key growth driver for the Indian television industry in the coming years. This would be helped both by higher pay-TV homes as well as increased subscription rates, thanks to new distribution platforms like direct-to-home (DTH) and internet protocol television (IPTV)

The number of DTH subscribers jumped 62 per cent in 2010/11, and the government’s aim is for full digitisation across the country by the end of 2014. Undoubtedly, this would greatly enhance the financial health of broadcasters like TV18 Group. With the changes underway, India is forecast to become Asia’s most lucrative pay-TV market by 2015.

India has the potential to jump to the top spot in the TV industry as economic growth accelerates, boosting incomes in the nation of more than 1.3 billion people. Cable networks are the only provider of entertainment to large swathes of the population, and long-running sagas have become a staple diet for folks in both the cities and in the hinterland.

Any breakdown in broadcast of their favourite soap opera usually draws howls of protest from agitated housewives and senior citizens, who are otherwise known to show little interest in other matters. The response time of network operators to fix glitches are also quick because of the public pressure, and stands out in striking contrast to the laidback attitude of government agencies or public utilities. This highlights the power of the “idiot box”, the offerings on it and the dead-beat viewers.

Lastly, networks like TV18 with access to deep-pockets would have a decisive edge over smaller firms and newer entrants after an economic slowdown dented advertisement spending and hurt broadcasters across the board. The next big opportunity for companies is internet television, which is currently at a nascent stage in India.

With broadband connectivity expanding rapidly, the prospects are immense. The TV18 group could become a major player in this segment, thanks to its 27 channel strong national and regional network after the proposed acquisition of ETV.

Zenith Infotech and the art of cloud computing

July 18, 2012 Leave a comment

Zenith Infotech


India has one of the highest penetration and adoption rates for mobile usage in the world. Looking at the huge business potential the country has to offer in this space, most major international players have made a beeline to Indian shores.

In the same way, Cloud Computing is set to be the next big wave after the mobile era.

Cloud computing is nothing but providing IT related resources such as computing, storage, system security, network and application platform as a service. As with any new business opportunities which depend upon IT infrastructure, cloud computing will change the way we compute.

The importance of cloud computing can be gauged from the fact that the Indian government, under the chairmanship of Infosys’ Executive Co-Chairman S Gopalakrishnan, has set up a committee to recommend a framework for cloud computing services. The committee will suggest a framework to promote cloud computing in and from the country.

In cloud computing, end users are not required to buy software or devices as they are offered by service providers on a rental basis. Cloud computing is the way forward to bring affordable services in areas such as healthcare, education, e-governance and banking to masses.

Cloud computing is one of the thrust areas of the proposed National IT Policy that envisages to increase revenues of IT and ITES Industry from USD 100 billion at present to $300 billion by 2020.

Amid increasing usage by small and medium businesses (SMB), the public cloud market in the country is expected to reach USD 685 million by 2014, according to a study by research firm Zinnov. Public cloud market is expected to expand at a CAGR of 55% in the near future and will become a default choice for new IT investments, especially in the SMB segment.

Cloud computing can change the way we do business in today’s demanding and fast evolving commercial environment. Both big and small industries are opting for ‘cloud’ to store data and computation. In fact, cloud has changed the way offices and companies the world over function. It has helped them achieve seamless collaboration with stakeholders, cut down expenses and become more competitive.

In the current scenario of intense and increasing competition, it is essential for business houses, especially small and medium ones, to understand the concept of cloud and find the right vendor. Different cloud applications may be available in the market, but there is a need to buy the right product that is smart, innovative, and most importantly, reliable. Cloud applications of Zenith Infotech, a US-based Indian IT giant that specializes in delivering state-of-the-art cloud computing solutions is a case in point.


Zenith Infotech is one of the pioneers in the cloud computing space. The company offers a number of cutting edge solutions, which include both public and private cloud applications. Their features include technology with unique advantages and its workforce that has in-depth expertise in the area of sales, marketing and international operations.


SmartStyle Computing, the flagship product is an advanced private cloud solution comprising advanced servers, storage, and network and storage virtualisation technology that allows value added resellers (VARs), IT service providers, and system integrators to deliver ITaaS (IT as a service) to their customers.

Zenith Infotech also provides a number of add-ons, such as MirrorCloud, around the core SmartStyle Computing solutions. This enables customers to mirror the contents of a Windows server or desktop to a SmartStyle with an RPO of less than 30 seconds. TigerCloud, another Private Cloud solution for SMBs launched by Zenith Infotech this year, has also been a roaring success.

In addition to the technology, Zenith Infotech’s package offers training, marketing assistance, and 24×7 technical support. The company has approximately 20,000 customers globally. Zenith Infotech has won many international awards for its cloud computing solutions. The company focuses on continuously innovating its cloud computing solutions, and that is why it has invested a total of Rs 230 Crore on R&D programmes since inception.

Samsung Galaxy Note with Updated Android 4.0 ICS comes to India

May 23, 2012 Leave a comment

The combination of smartphone and tablet Samsung galaxy note started rolling out in India the biggest mobile market for Samsung.  The most awaited Android 4.0 Ice Cream Sandwich (ICS) licensed update available to Galaxy Note users in India.  The biggest expectations with ICS Updated Galaxy Note is to deliver the performance of tablet and mobile together.  Galaxy Note users will enjoy improved versions of app like S-Note Application, My story and many other app with updated ICS Galaxy Note.

Samsung GALAXY Note

With ICS update the complete graphic user interface (GUI) of Galaxy Note will change and it will be more enhanced.   The update will bring many new features like Android Beam and Face Unlock to Galaxy Note.

There is also a “Firmware Update Available” with nice 318 MB package so don’t forget to update your wired/wifi connection.

There are rumours reporting that a minor 36 MB update and not the full ICS update available.  So check wisely before updating you device with ICS.



Categories: Mobile Phone

Mahindra Satyam acquires vCustomer’s International Operations

March 19, 2012 Leave a comment

Mahindra Satyam, a leading global consulting and IT services provider today announced the 100% acquisition of BPO firm vCustomer’s International operations for USD 27Mn. This is the first 100% acquisition by Mahindra Satyam since it became part of Mahindra Group and marks the entry of Mahindra Satyam’s BPO operations into other verticals such as Retail and Consumer Technology in addition to significantly enhancing Technical Support credentials.

The combination of vCustomer’s expertise in the Retail and Consumer Technology verticals with Mahindra Satyam’s domain expertise and customer base will further strengthen the ability to address evolving market needs.

Mr. C P Gurnani, CEO – Mahindra Satyam, commented “This is a landmark moment in Mahindra Satyam’s resurgence and reflects our investment appetite to enhance domain depth and global scale, across diverse verticals. The focus and operations of vCustomer maps perfectly with our global operating model – allowing for seamless integration and smooth transition of processes and associates.

Mr. Sujit Baksi, Chairman of Mahindra Satyam BPO Board stated “The expertise of vCustomer aligns well with our operations and enhances our competencies. We look forward to collaborating and creating new benchmarks of excellence.

Commenting on the business outlook, Mr. Sanjay Kumar, Founder and CEO vCustomer said “vCustomer has harnessed formidable expertise and a diversified geographical presence across the Retail and Consumer Technology sectors. Mahindra Satyam’s synergy and commitment to investment in business growth will spur growth plans and help build new service offerings.

Categories: Uncategorized

Mr. Sanjeev Mansotra Chairman & Global CEO, CORE Education & Technologies

September 13, 2011 Leave a comment
Categories: Sanjeev Mansotra

Wide Selection in Design T-Shirt Will Leave You Spoiled For Choice

September 3, 2011 Leave a comment

It was noted that the new and trendy t shirt design attracts people of all ages and make it possible for developers all around the world to revive the creative passions. However, the rate at which the industry is growing T-shirt has left thousands of fans of fashion completely spoiled for choice. To help shorten the process of buying T-shirts, then read on.

Today, t-shirt design is considered a crucial factor influencing the choices and purchasing decisions of potential buyers. Tee with cool pictures, quotes, images and slogans to give an advantage over others, and help you stand out from the crowd. Designers use their creativity and ability to offer the finest T shirts, which are difficult to find elsewhere. Design t-shirts with cool graphics and prints are more than normal because of them allow you to make a request and get the best value for money. These tees will reflect your thoughts and you can express your unique sense of humor without having to utter a single word.

With many years of experience, competence and creativity of designers constantly update their t shirt together with innovative styles and patterns. However, your choice is limited when you choose to shop at physical stores. For a wide variety of choices T-shirts you need to move your search online.

Internet-based stores to offer wide selection of t-shirt design with bright colors, styles and competitive prices. Online stores usually have negligible costs and are able to offer fresh tees at great prices. The savings from these online stores in the absence of overhead costs to the consumer is finally approved and allows you to buy clothes for men online in india at very profitable.

Besides the convenience to purchase online is well above any other type of shopping. With the help of advanced tools and features, you can easily find the perfect design t-shirts, which are present to cool quotes, unique prints, stylish graphics and an out-of-the-box slogan. Some stores also offer the opportunity to shop for themes and categories that will continue to ensure that the whole process is easy to buy T-shirts.

To place an order for the Tees you just add items to your cart. Usually, you will receive the delivery within few business days.

Tantra Universe T shirts

Anti Corruption T-Shirts

 Tantra Universe Women T Shirts

Read Books T-Shirts

  Tantra Universe Men T Shirts

My Shadow T-Shirts

  Tantra Universe Kids T Shirts
Small Packages T-Shirts
Categories: E-Commerce Tags:
%d bloggers like this: