Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do.

There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Wednesday, 21 October 2020

STAY HUNGRY STAY FOOLISH – RASHMI BANSAL

 


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When I read any book, I scribble my comments / notes in the margins

These reflect my views / opinions about what the author is saying – including my disagreement

Often, my comments are in the nature of telling myself :

Hey ! We should try out this idea in our own business ( Head-hunting / Online Recruitment )

Following are my comments re :


                STAYHUNGRY STAY FOOLISH – RASHMI BANSAL


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Page NO 08

·         We did the same

Page no 09

·         Suppose we failed to get the journalists to notice 3pjobs.

·         3pjobs was landmark on 14 nov 1997

Page no 10

·         This is true all successful website may be the root cause of their success.

·         Recruit guru too would!

Page no 12

·         What is holiday us back

Page no 13

·         This was around the time we time we prepared an exhaustive BUSINESS PLAN and retain KPMG to find a VC – they could not.

·         This IS what keeps recruit guru going since last 12 years.

·         Once you accept VC funds, the pressure to grow & make profits, is enormous developing an innovative website. Can no more remain a hobby?

Page no 14

·         Losing focus?

·         I just could not think of burdening Nirmit with such a scenario!

Page no 15

·         May be graphical/ visual / analytical / resumes is an idea ahead of its time.

·         JAM/ RAM to be delivered on 3G smart phones will have to wait till 3G becomes de afoot standard in India.

·         This would have killed me.

Page no 16

·         For most entrepreneurs this period is just a few months!

·         May be all the websites that I developed over the last 12 years ( 7 in all) ,were to keep me mentally active / occupied .of course all of this activity cost quite a lot of money and would not have been positive without 3p subsidizing these “innovations”.

·         ALL innovations need somebody / some other source of earing, to subsidize it.And very few entrepreneurs have such support (for long enough) to survive, till he is a financial “success”

·         But “keeping me busy” cost X rupees / month making it a “Enterprprennal ventur”would cast

·         10X rupees / month – a risk, I was not prepared to undertake at my age. In 1997, Sanjeev was may be 33 years old –but I was 66 years old!!

Page no 17

·         EG: Recruit guru .com & world – wide jobs .com

·         Together, cost (may be, RS 25 LAKHS).

Page no 21

·         Priya our latest recruit (s/w developer trainee).Joined one moths back for Rs 8000/= p.m. And within 1month she is showing good promise.

Page no 22

·         I started 3p in April 1990.

·         To start 3p, deposited Rs. 3000/- & opened an on 14 Feb 1990  

·         I hired Suresh (D/E operator) 2 months later.

 Page No 23

·         My first office was maybe 30 sq.ft. and carried tea from home in a thermos & washed my cup in a common sink. After retiring as GM (powai) this was difficult where my office was 300 sq. fit & lunch got served on, my table! 

·         Brick & motor head hunting does not seem so.

Page no 32

·         He looks some courses, when I a Headed TIER-I Management Development Program of IIM –A, AT Agra, around 1966- for 5 weeks.

Page no 34   

·         I have worked with him closely when he was a consultant to L&T for re- organization around 1982/85 see my notes addressed to him.

·         EX-chairmen of HLL.

Page no 42

·         When, as DGM (personnel), I used to lead a team of managers, to IIM-A for campus Interviews.

·         Prof of computer science. He did a bit of consulting for L&T

Page no 43

·         When I purchased 12 pc (at Rs 1 lakh each) for LTIT.

Page no 44

·         “Linear Programming” was the fashion in those day.

·         I got resi-phone at Shivaji Park after a 7 year wait! 455095 around 1966.

Page no 45

·         My first appointment of Mr.Sharma in swastik products, fetched me RS. 2000/= ( 1 month’s salary ) in May 1990 that that covered the office rent!

Page no 46

·         I think Pankaj madia’s ABACUS software was first preliberalization.

Page no 47

·         As it in case of ROYAL HARBLES IN 1984/85.

PAGE NO 60

·         For us, online job portals run into hundred in India alone these were one of the first internet gassed e-commerce sites. BY now, competition is strong. Market is well – served. But, we plan to cane a niche with our unique features .

·         we too are trying to do things different by.

·         Insight  

·         Same month when Naukri was launched.

Page no 61

·         13 weeks in to the launched, customize Resume has 1004 job seekers & 36 corporates seems like a good beginning.

·         But in deep trouble, today.

Page no 63

·         In customizing of resumes, we are trying what no one has done befog, anywhere in the world.

Page no 64

·         I suppose customize world work equally well for jobseekers & recruiters in any part of world.

·         We are at this stage.

Page no 65

·         For me & my team, 12 yrs., of developing 7 jobprotals could be thought of as Foundation Unfortunately all 3 current team members are 2 yrs., 1½ yrs.,1 month with me!! So the learning & experience “is last.

·         In last few months, there was a talk of “sellout.”     

 

 

Page no 67

·         My first job at MIDCO (1958-59) did give me a lot of “exposure” but even switchgear factory of l & T was small in 1959 and petrol pump manufacture was only a part.

Page No.69

·         3p jobs .com was launched just 6/7 months after Naukri.in the next 2/3 years, there were dozens of jobprotals. But in each of our portal we tried to do thing “differently” e.g.: 

o    World-Wide-Jobs to do thing -job alerts on mobiles

o    RecruitGuru.com - parsing of text resumes   

o    India Recruiter – generating “function profile.”

o    Customize Resume –creating “versions” of profile.

Page no 71

·         3P is at Rs. 6 Cr. After 20 Yrs.

Page no 72

·         Some 30 yrs. Ago, ESSAR bought a second hand sponge iron plant in Europe & got L&T to dismantle ship @rect it at Hazira. This was the beginning of ESSAR’S steel Business.

Page no 74

·         No one knows how many TONs of MONEY Sharad Pawar (current Agriculture minister)made by making DUTY FREE.

·         Million ton is lying in godowns at kandla port right now! For last 6 months imports (incl. Renuka) are waiting for prices to go up before releasing in the market! Current price is approx. Rs- 45/- kg up 50% in last 6 months!!

Page 83

·         What happened to us when retained KPMG to find a VC funding in 2001- after the DOTCOM bust. 


Thursday, 15 October 2020

CLEAN DISRUPTION OF ENERGY AND TRANSPORTATION – TONY SEBA

 



======================================================================================

When I read any book, I scribble my comments / notes in the margins

These reflect my views / opinions about what the author is saying – including my disagreement

Often, my comments are in the nature of telling myself :

Hey ! We should try out this idea in our own business ( Head-hunting / Online Recruitment )

Following are my comments re :



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Page No 4  

·         OPEC ministers are, today meeting in Geneva to reach agreement on QUOTA’s upper limited on oil production by countries.

·         What Naukri /monster/time’s jobs are doing.

 Page No 7                                                                                                    

·      In India, over the past 2 years, this has come down form RS.8 TO RS.5 per kWh.

 Page No 8

·         Store-dot.com {Israel} has developed on automobile battery that con believes change in 5 minutes {200 labour charges}.

 Page No 9                   

·         What Elon musk is trying with his power wall battery packs?

Page No 10

·         Today’s newspaper carries report about Mumbai Municipality, going in for 3D maps of the city.

Page No 12

·         Today paper says ground solar power plant of Infosys {6.6 mw} is producing power at. Rs 2.8/kwh (averaged over next 20 years) by end 2018 Infosys plans to product all its energy using solar.

·         Read my Blogs:-

o   Sun is the Solution

o   Unlimited Power and around the Clock

Page No 13

·         ADANI group just announced they will build a 1500 MW solar plant in Australia by end 2018 just 2 year vs. for similar size coat based plant.

·         Like the story of Ahi-Ravana & Mahi Ravana.

Page No 20

·         By sept 2016, India’s installed solar power capacity 8626 MW (8.6GW) and plan to go up to 100 GW BY 2022 [i.e. .91 GW in 6 years} I.e. 15 GW Per year}

 

 

Page No 24

·         To reach 100 GW by 2022 (from current 8.6 GW ), India would need to cold 15GW year for next 6 years.

·         Last week purchased by Elon Musk {TESLA}

Page No 26

·         Went up to& 49 per barrel, of few OPES agreement yesterday to cut output by 1.4 billion barrels/day.

Page No 27

·         Many [High-end] homes in India use “Piped Gas” for cooking. Rest of the city-folks use “Bottled LPG” for cooking. Indian Villages still burn coal or wood for cooking.  It seems quite likely that Indian Village will “Bypass” the “Gas-cooking” era and go straight to cooking with power produced from solar!!

Page No 32

·         Infosys installation has reached.

·         India plans to add 100GW [100,000MW] in 6 years (i.e.16000 new per year)

Page No 34

·         2 weeks back , Elon Musk,  launched roof -top tiles which are basically SOLAR PANELS!!

·         That is disruption at work!! No need for separate installation of PV panels.

·         In 12 months new homes in USA will boast this.

Page No 35

·         These “Tiles” will [Perhaps], eliminate those “soft costs” (permission + installation + taxes + maintenance) associated with “stand Alone” PV panels.

Page No 36

·         Read my blog: Unlimited Power: and round the clock? 

Page No 36

·         I believe, India commissomend one 650 a few weeks ago.

Page No 42

·         Birth idea for Credit Card?

 

Page No 55

·         In India, Fix Deposits [FD] yield 5% -8% returns, so no individual will invest in a solar project that pays, less than 6% unless it is BALCK MONEY cash, lying in a locker!

Page No 58

·         Approx.  70paise /KWH.

Page No 78

·         Infosys commissioned its 606 MW plant a few weeks back and plan to change over to solar. Completely by 2018. ADANI put-up world’s largest solar plant [650mw] , A few weeks work and plan to generate 10,000 mw by 2022 (10% OF 100GW)

PAGE No 79

·         Read my blog “sun-our “[the new sos]”

Page No 81

·         Yesterday Way MO dropped prices of its LIDAR by 90%!      

Page No 89

·         Read my blog “Back Factory of the world?”

Page No 91

·         By 2022, India’s coal based power plants are expected to have a utilization of just 48%! Their unviability threshold is 52% so most will shut down!!

Page No 92

·         Similarly, India will bypass the “Credit/Debit Card” ERA, and jump to mobile wallet ERA by 2020.

·         What happened in India?

Page No 93

·         Read my blog Unlimited Power & Round The Clock? 29 July 2016.

Page No 106

·         All of this is fine, it the charging stations [For those electric car batterers], get there power from SOLAR  Plants.  If they continue to get from fossil fuel plant, quite a lot of advance is lost.

 

 

Page No 108

·         Ho charging stations! Or just different: “type”  (induction) of charging in an otherwise “Normal / standard “ charging station?

Page No 112

·         Point out to tony.

Page No 118

·         Absorbing in a car priced at 30000/-

o   15000 ( for petrol ) or

o   1500 ( for electricity)

Page No 121

·         April 2016: Google result says: Tesla’s currant battery cost is 150-200/kWh. Competed to reach 100/ kWh [2017]

Page No. 122

·         Cell production started last week 19/01/2017

·         70mw rooftop solar inaugurated last week.

Page no 123

·         Eco times [14 Jan 2017], talks of

o   super charger station, charging tesla cars in 30 mints to give 274 km range.

o   1600 km /year FREE charge, each year.

o   120 for a trip LA to NY

·         Already reached 100/ kWh!!

Page No 124

·         In April 2016 tesla got advance booking for 400,000/[Model 3]Cars @ $1000 each [costing 35000]I.E Advance of 400 MILLION order work 14 billion.

·         Already reached 100 kWh by 2017 Jan.

·         Tesla already reached $100 in 2017Jan

Page No 127

·         In Jan 2017, it has! Except that tesla model 3, (incorporating that battery ) will start delivery, in Jan 2018!!

·         120 for a 4500 kWh trip from LA TO NY! (Approx.rs 8000/-) In India, that trip would cost RS -45000 in Land Rover!

·         Reached 7 years earlier!

·         My be 2017 will see a mad scramble by all car mfre

·         Anand Mahindra followers tony Saba!

Page No. 131

·         Read book; what is mine is yours!

Page No 137

·         Many such cars were displayed at las Vegas, CES ( Consumer Electronic show)  last week. There was even a drone, capable of flying ONE passengers ( cum one pilot)  frame chines co.

·         Uber loss does not expect “driver less cars” driving on Indian Roads! [From a recent TV interview].

Page No 143

·         Last month, Google subsidiary WayMo, dropped price of its LIDAR devices, by 90% 

·         From $75000 to $7500 ( for Top of range.)

Page No 147

·         Like mobile phone manufactures who are already ‘LOCKED IN” using Android OS!

·         Who had their own “Private/ Proprietary “ O/S.

Page No 148

·         Since Anand Mahindra is a fan of Tony Sera he must have realized this!

Page No 155

·         Read my today’s blog on Facebook:

o    “Universal Basic income “[or undisputed Bad Idea?]

Page No 164

·         The only once reported in Medicare

o   3 miles is land

o   Cherno by

o   Fukushima

Page No 168

·         In a TV interview yesterday,  CEO of a clean energy co. MASDAR city [near Dubai] said there latest SOLAR installation gives elcrotrocity   for 2.59 cents /kWh!!

 

Page No 177                                                                                                                                                      

·         Oil prices are hovering around $50-55 per barrel, for last couple of years. This has benefited India-and NDA government. Which came in to power in MAY 2014?

Page No 178

·         Industry experts do not expect this to go beyond $ 60 in next 12 months.

Page No 180

·         I Sat up 3P in April 1990 in a 60 sq. fit office in a business center.

Page No 182

·         Already decided

·         Target is to add 100 GW to solar and 75 GW OF wind by 2022

Page No 189

·         Only 2 days break president Trump Okayed TWO mega-pipeline project in USA / Canada border & south measuring thousands of km.

Page No 205

·         2016 was the hottest year in history.

·         2016 saw a water-famine in California! Water supply to homes was cut.

Page no 214

·         Donald Trump took over as US President on 20 Jan and has pledged to “revive” the “coal and oil” industries, with massive. Investments.29/01/2017.

·         In India, plant road factor of coal used power plan is expected to fall to 48% by 2022.

·         These plants become economically “Unriable”below52%.most will shut down.

 Page No 226

·         Delhi /Mumbai/ Kolkata etc. Are close to 400-500 mg/m3 now days. 02/02/2017

·         Latest solar installation at MASDAR city costs 2.59 cent /kWh. Saudi Arabiya is planning to create 41000 mw of solar by 2022.

Page No 231

In MASDAR, already dropped to 2.59 c 02/02/2017