I do not understand why government allows big business houses to control charitable trusts. Charitable trusts are meant for specific purpose mainly to help humanity in one or another way. Charitable trusts should not be allowed to hold more than 1% of shares of for profit organization or Rs 5 crores, which ever is more. Otherwise purpose of giving tax benefit to trusts will be defeated as they will be inclined to deviate from their core purpose and will serve interests of for profit organization. Indian government has allowed new…
Day: December 18, 2016
Hyperloop transportation
How much time does it take to travel from Mumbai to Pune? Three hours by train. Image if this time is cut to 25 minutes. Yes, this is possible now with the help of Hyperloop Transportation Technologies. Hyperloop is a concept where a pod like vehicle travels through a near vacuum that is contained within a tube. This technology uses less energy than conventional methods and can touch speed of 1200 Km per hour even when not running on full steam. Bipop Gresta, chairman and COO of Hyperloop transportation technologies…
Stay@in-laws
It was a cold Sunday. I had to go out to buy grocery at a nearby shop. I got ready after having nice shower and light breakfast. I get ready by 9.00 but it was a weekend. It was going to be 12.00 in the noon. I wore crisp pink shirt with blue denim jeans and sleeveless green sweater. I was about to go out when my wife asked where I was going and when I will be back. I knew I would not be able to go out now and will…