DR. NIMAIN CHARAN BISWAL

  MAHA SHIVA RATRI WISHES FOR THE DAY (18-Feb-2023) FOR EVERYONE I am writing this message without any religious bias and religious confinement. Nobody should think that way, I am making it very clear at the outset. However, I do write on some important festivals celebrated across India from time to time as you see, to let people know its importance and significance for the society and people at large. I write on some festivals as I know about it well being from the faith and I do not write on others on which I do not know well, but I have utmost respect for everyone's faith and I appreciate  very much when anyone writes on such festivals if they know well to make the best use of it (no misuse). I myself being born and following a specific faith, I do respect it utmost, I have tried to keep myself committed as much as possible within my birth and faith, even many would not know, I did not touch liquor in my life time, no smoking, pan, bidi and I have respected my ...

MARKET CAPITALIZATION BASED BUSINESS EMPIRES ARE LIKE BIG BALOONS Globally it has been seen and experienced empirically over time, that the Business Empires when stand on being largely dependent on market capitalization valuations and largely leveraging on market capitalization, they remain like Big "Baloons" swelled in size with a lot of air. The Market Capitalization Value is Notional, it is not intrinsic value most of the times, it is based on speculations and not on the realities many times. A few years back, not very long ago, I was travelling with the Chairman and the Owner (Majority Share Holder) of an European Corporation. We were traveling together for a number of days, staying in the same hotels and spending lot of times together while working on an operational mission.  Hence we had enough opportunities and time to exchange views and ideas. They were a family managed group, doing business of about USD 500 million (in turnover) as per records then, wer...