Jeet Adani is the younger Son.........
He did his schooling from Seth C.N. Vidyalya School in Ahmedabad. Later, he studied at Gujrati University but only still his second year for a Bachelor's Degree in commerce as he was a university dropout.

At young age of 18, he went to a Mumbai with a few hundred a rupees and worked as a diamond sorter at Mahindra Bros. After two years he set up his own diamond brokerage outflit at Zaveri Bazar. His elder brother Mansukhbhai bought a plastic unit in Ahemdabad in 1981 and wanted Gautam to run it.To be continued........

Gautam Adani And His Personal Background
He was born in a Gujrati Jain Family to, Shantaben & Shantilal Adani who had migrated town of Tharad in Northern Gujrat in a search of livehood. Adani has seven siblings the eldest being Mansukhbhai Adani Gautam is married to Priti Adani who is dentist and heads Adani Foundation as a managing Trustee. They have to sons namely Karan Adani who is the elder of two who is married to the Paridhi Shroff the daughter of Cyril Shroff arguably the biggest name in India corporate law terrain and Jeet Adani is their youngest son.

To Be Continued.....

Gold Import dip 45.6% to $ 2.05 bn in September

Gold Import dip 45.6% to $ 2.05 bn in September
NEW DELHI: After recording a sharp rise in August, gold imports dipped 45.62% to 2.05 billion in September, a development that will help check the country's Current Account Deficit (CAD).

The sliding prices of yellow metal is one of the reasons for the plunge in imports. The prices are declining both global and domestic markets.

The Gold Import Stood At $ 3.78 billion in September 2014.
This year, the import of yellow metal were up 62.2%  and 140% in July and August, respectively.

The contraction imports helped in narrowing the trade deficit to $10.47 billion in September.

India is the largest importer of gold in world. The imports mainly cater to the demand of  jewellery industry.

However, in the recent past, large imports of the precious metal have also widened the CAD, which occurs when value of import of goods and services is more than exports.

In 2014-15 gold was the third largest commodity which was imported in India after crude oil and electronic items. During that fiscal, the country imports the stood at USD 34.32 billion.

The CAD in 2014-15 shrank to 1.3 percent of GDP ($27.5 billion) from 1.7 percent ($32.4 billion) in 2013-14.

Globally gold price decline 0.2 percent to $1,138.35 an ounce on September 2 in Singapore. The prices were hovering $1,260 an ounce to first week of September last year.

Falling for the third straight day, gold prices were down by Rs.10 to 26,820 per ten grams at the billion market on October 31. It was Rs.28,175 per ten gram on September last year in the domestic market.

  

Azim Hashmi Premji who was born in 24th july 1945. He is an Indian business tycoon and philanthropist who is the chairman of Wipro Limited. informally is known as the Czar of the Indian IT industry and also guiding Wipro through four decades of diversification and growth to emerge as one of the Indian leaders in software industry. 

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42 years ago, April 3, 1973, the first cell phone was made  by Motorola Engineer Martin Cooper. He called his competitor at Bell Labs to gloat at having beat them.