logo
Mind Over Money: A Walk at Sunrise, Yoga, and Bhagavad Gita: The Routine That Grounds Bonanza's Shiv Goel

Mind Over Money: A Walk at Sunrise, Yoga, and Bhagavad Gita: The Routine That Grounds Bonanza's Shiv Goel

Economic Times14-06-2025

Q) Thanks for taking the time out. Could you tell us about how you begin your day?
Live Events
Q) You've spoken about being spiritually aligned. How has spirituality shaped your leadership style and decision-making at Bonanza Group?
Q) 'Giving' is a beautiful theme in your life. Could you expand more about how it brings peace in your life?
Q) How do you stay grounded amid the pressures of the corporate world?
Q) How do you prioritise your work, personal life and other commitments?
Q) What final advice would you give to young working professionals?
(You can now subscribe to our
(You can now subscribe to our ETMarkets WhatsApp channel
In this edition of Mind Over Money, we explore the deeply reflective world of Shiv K. Goel , Director at Bonanza Group , whose day begins not with spreadsheets or strategy calls, but with a sunrise walk, yoga , and spiritual readings from the Srimad Bhagavad Gita For Goel, success isn't defined solely by business milestones but by the ability to remain grounded, composed, and purpose-driven amidst the chaos of corporate life.In this conversation, he shares how his morning rituals and spiritual alignment shape his leadership style, instill resilience, and inspire a life rooted in empathy, balance, and inner clarity. Edited Excerpts –Starting my day with a sunrise walk followed by yoga helps create a space of inner stillness and presence. The walk offers mental clarity and solitude, while yoga brings physical balance and mindfulness.This routine sets the tone for the day, allowing me to approach decisions with a calm, focused, and composed mind.My spiritual alignment offers twofold benefits. Firstly, it helps me handle successes and failures in both personal and business life with balance, recognizing God's will.Secondly, it reinforces the karma principle, guiding Bonanza Group to operate with deep integrity, treating all stakeholders with fairness, respect, and transparency.I see 'giving' as a natural part of life that aligns with the universe's greater order. Daily acts like feeding birds, cows, and the less privileged remind me that life is about giving.It brings peace by restoring balance amidst the pursuit of success. Selfless giving humbles the ego and fosters empathy.Reading and listening to spiritual texts, especially Srimad Bhagwat Ji, reminds me that while we're responsible for our actions, the outcomes are in divine hands.This helps me stay centered, optimistic, happy and resilient during challenges. It's a reminder to lead with purpose, not pressure.The Giriraj Ji Parikrama in Govardhan acts as a spiritual reset for me. Walking 21 km in silence, immersed in devotional music, allows for deep inner reflection and removes distractions.This helps me realign priorities, discern what's important, and cultivate gratitude. This periodic withdrawal builds resilience, clarity, and spiritual strength.There's no substitute for hard work; success is built on consistent effort. Truly listening to mentors, your team, and your inner voice is also crucial.Ultimately, life is about balance. A professional life driven by purpose, ethics, and spiritual values is more fulfilling and sustainable. Work hard, stay humble, remain spiritually anchored, and meaningful success will follow.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Sebi bans two from markets for 3 yrs; impounds illegal gains of ₹4.83 cr
Sebi bans two from markets for 3 yrs; impounds illegal gains of ₹4.83 cr

Business Standard

time2 hours ago

  • Business Standard

Sebi bans two from markets for 3 yrs; impounds illegal gains of ₹4.83 cr

Markets regulator Sebi has barred two individuals from the securities markets for three years and impounded illegal gains of over Rs 4.83 crore made by them for orchestrating a fraudulent scheme using out of the money (OTM) stock options to misappropriate funds from investors. Apart from the securities market ban, the regulator also slapped a penalty of Rs 25 lakh each on Shivprasad Pattiya and Alkesh Narware and directed them them to pay the fine within 45 days, Sebi said in the order passed on Friday. Further, Sebi directed Pattiya and Narware to disgorge unlawful gains worth Rs 4.83 crore with an interest of 12 per cent per annum jointly and severally from February 2022. In the final order, Sebi found that the front entities had opened the trading accounts under the instructions of the operator group (Shivprasad Pattiya and Alkesh Narware) and these trading accounts and bank accounts were under the control of the operator group. Sebi observed that the caller group had identified prospective investors (complainants) which had credit balance in their ledger and obtained their credentials in the name of Algo/software trades and the same were also under the control of the Shivprasad Pattiya and Alkesh Narware. The trades executed through the mobile in the accounts of the complainants and the front entities were also under the control of the Pattiya and Narware, Sebi said. "...it is established that the entire fraudulent scheme is attributable solely and squarely to the noticees (operator group) and they were the controlling minds and beneficiaries of the fraudulent arrangement. "The acts of the noticee amounts to manipulative, deceptive device and artifice to defraud while dealing in securities," Sebi's Quasi Judicial Authority N Murugan said in the order. Pattiya and Narware were found to have violated the provisions of PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) rules. The order came after the Securities and Exchange Board of India (Sebi) received alerts on suspicious trades in illiquid 'Out of the Money' stock options with unusual price variations. NSE also got complaints from investors who suffered losses after sharing trading credentials for Algo-based trading via WhatsApp groups. Thereafter, Sebi conducted a probe to look into the role of a group of entities led Shivprasad Pattiya and Alkesh Narware allegedly misused online trading kits, promised guaranteed returns, and executed manipulative trades. The investigation covered the period from January 2021 to February 2022.

Parmy Olson: WhatsApp's no-ads promise was too good to last under Meta's ownership
Parmy Olson: WhatsApp's no-ads promise was too good to last under Meta's ownership

Mint

time9 hours ago

  • Mint

Parmy Olson: WhatsApp's no-ads promise was too good to last under Meta's ownership

Parmy Olson The app's founders Jan Koum and Brian Acton were deadset against ads on this chat platform, but when they sold it in 2014 to Mark Zuckerberg's Facebook (now Meta), they couldn't have expected its new owner not to monetize its eyeballs. But then again, they made big money. And money talks. Founders Jan Koum and Brian Acton were firmly against ads on WhatsApp. Gift this article It's hard to think of a more extraordinary business deal than Facebook's $19 billion acquisition of WhatsApp in February 2014. Its creators were outliers. With a lean staff of just a few dozen people, they had no marketing department, no sign on the door and had spent zero cents from their sole investor, Sequoia Capital. It's hard to think of a more extraordinary business deal than Facebook's $19 billion acquisition of WhatsApp in February 2014. Its creators were outliers. With a lean staff of just a few dozen people, they had no marketing department, no sign on the door and had spent zero cents from their sole investor, Sequoia Capital. But WhatsApp had 450 million users, mostly outside the US. Founders Jan Koum and Brian Acton also hated ads. They'd spent a combined 20 years working at Yahoo bonding over their frustration with a business model that sucked up personal data to show us pop-ups. Building ad systems was 'depressing," Koum told me in an interview in mid-2014. But not too depressing to sell their online chat service to Mark Zuckerberg's Facebook (now Meta Platforms) just a few months later. Eight of WhatsApp's roughly 50 employees made more than $100 million off that deal, while Koum gained a net worth of $6.8 billion. Also Read: Mint Quick Edit | Ads on WhatsApp: What's up, Meta? Just over a decade later, ads are finally coming to WhatsApp. They'll appear in its 'Updates' (formerly Status) tab, where users post images and videos. Advertisers will also be able to promote Channels there and collect thousands of followers. Meta described the rollout as 'gradual." Zuckerberg has long been under pressure to monetize WhatsApp, a prominent cash sink whose user base has soared to more than 3 billion but which has yet to pay its own way. Now, with Meta's costly push into AI, including a $14.3 billion investment in data labelling startup Scale AI, the company is moving on the last big piece of real estate it can squeeze cash from. Meta had already begun monetizing WhatsApp through business messaging tools and click-to-WhatsApp ads on Facebook and Instagram, but this is the first time that ads will appear on WhatsApp itself. Ads fly in the face of what WhatsApp's founders wanted. For a few years after his sale, Koum resisted Facebook's efforts to feature ads on WhatsApp, his co-founder Acton later told me, while Acton himself tried to convince Sheryl Sandberg, then the company's COO, to adopt a metered-user model. His idea was to monetize WhatssApp by charging users a tiny sum after a certain large number of free messages were expended. Sandberg stuck by the ad model that had already allowed Facebook to print money for years, telling Acton that his idea wouldn't scale. By the time he left the company, Acton knew that he couldn't stop the inevitable. 'At the end of the day, I sold my company," he said. Still, both internal and public resistance to ads has made Meta's monetization plans for WhatsApp a fitful journey over the last decade. Meta's chief marketing officer Alex Schultz admitted on LinkedIn that the company had announced ads a few times already. 'This time it's for real," he added. Meta first publicly announced its intention to bring ads to WhatsApp Status in November 2018, then put the plans on hold and nixed them in 2020, before announcing in 2023 that a rollout was back on. The U-turns are down to the staunch views of WhatsApp's founders, who infused company culture even after they vested their stock options and left Meta. WhatsApp users are also accustomed to an ad-free app that keeps their conversations private with end-to-end encryption. When Meta tweaked its privacy terms in 2021 to add more business-messaging features, many ditched it for rival apps like Signal and Telegram. Meta had to move slowly. Now it's trying to make up for lost time. It will target ads based on users' country or city, channels they follow and how they interact with ads they see on Status or on stablemate apps Facebook and Instagram if their accounts are linked. That's less invasive than the targeting done on Facebook or Instagram, but it's still a form of clutter that WhatsApp's founders abhorred. And Zuckerberg could still push for deeper insights as revenue from Status starts to pour in. Meta's investors can rest easy knowing the company has yet another platform to capitalize on as Zuckerberg spends heavily on AI. The rest of us have yet another reminder that tech visionaries can sometimes be as naive as they are idealistic. Sam Altman's efforts to start OpenAI as a non-profit that lived off donations from billionaires was arguably a pipe dream; hence his partnership with Microsoft. DeepMind's Demis Hassabis spent years trying to break away from Google in the hope that it would spin off a valuable AI lab after spending $650 million on it. He was wrong and his company was drawn deeper into Google. Koum and Acton may have also been wrong to think they could sell WhatsApp to one of the world's biggest ad businesses and keep it ad-free. Of course, $19 billion can quieten ideals. In the end, money talks. ©Bloomberg The author is a Bloomberg Opinion columnist covering technology. Topics You May Be Interested In

Waaree Energies shares may break April 2025 peak after Friday's 12% jump: Anand James
Waaree Energies shares may break April 2025 peak after Friday's 12% jump: Anand James

Economic Times

time9 hours ago

  • Economic Times

Waaree Energies shares may break April 2025 peak after Friday's 12% jump: Anand James

Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel After a blistering 12% rally on Friday, Waaree Energies is back in the spotlight. With the stock inching closer to its April 2025 peak, Anand James of Geojit believes this breakout attempt may finally stick, setting the stage for fresh excerpts from a chat with Anand James, Chief Market Strategist, Geojit Investments Limited on trading strategy for the week ahead:Yes, 25k is indeed a daunting challenge. Previous attempts to clear the same had proved to be short-lived as there was hardly any follow-through momentum, thus leading to a sharp withdrawal. Hence, the reapproach of the 25k mount is accompanied by concerns about sustainability. Being at the upper Bollinger band as well, it would require further momentum to continue the uptrend. ADX at 13.2 does not indicate strong momentum either. Nevertheless, upswing attempts may be seen initially, but may not clear the 25200-460 band. Alternatively, inability to float above 25045 could see dips, but will wait for 24865 to switch would be entering the expiry week with a surprise jump above 25000, that has attracted call OTM buyers only as far as 25500. The same pattern is visible in the 3rd July expiry contract as well with PE buying accumulated at 24800. This raises the expectation of a trading range limited to the 25500-24800 region, calling for a short strangle option strategy with these at the strikes for the two legs. An alternative approach would be to short straddle at 25000, with stop loss placed at 25500 and 24800 on either is now sandwiched between the weekend and expiry, elevating the caution that is usually commanded by day. Even though Monday has to deal with weekend news flows, there is always an optimism, being the start of the week. But with expiry falling on Tuesday, such vibes will be restrained. This would mean that premium expansion and directional entry-exits will be largely front loaded, as there will be little opportunity to escape from theta decay post Thursday, with Friday being the weekend eve and Monday being the expiry late 2023, Sensex F&O has seen a steady increase in trading volume. Between March and December 2024, it consistently accounted for about 70% of the total trading volume across both the NSE and BSE. This momentum accelerated further in January 2025, when the Sensex saw a 12% month-on-month volume spike, coinciding with its shift in weekly expiry from Friday to Tuesday. Now, a new phase of expiry restructuring is set to reshape this dynamic. From September 2025, the Nifty will move its expiry to Tuesday, while the Sensex will shift to Thursday. This change could significantly alter the volume patterns across the two may reclaim lost ground with Tuesday expiries, attracting traders looking to capitalize on early-week strategies and weekend time decay. This could lead to increased activity on Mondays and Tuesdays. Meanwhile, with Thursday as the new expiry, Sensex will see shorter positioning windows earlier in the week, which may temper the intense volume surges, especially on the expiry day. That said, the new trading dynamics will take a while to play out, and it is also possible that Sensex will get more opportunities to price the events of the week, having more trading days ahead of expiry. Time will weakness in the small and mid-caps was visible throughout the week. On Thursday, when Nifty closed almost flat, the small cap 250 index fell nearly 2%. And on Friday, when Nifty rose 1.29%, small cap 250 index rose only 0.6%. Friday's optimistic rise has not managed to retrace even 50% of Thursday's fall, raising fears of an extended fall to 16650-16500. Alternatively, a rise above 16900 will help shrug off the weakness, but we feel that upsides may be outright jump from one end to the other end of the Bollinger will render the stock unattractive to jump into right away. But we feel that the April 2025 peak, which the stock has attempted several times unsuccessfully, will be broken in this attempt. Longs entered on dips to 2895 may have stop loss placed below (CMP: 409)Target – 450Stoploss – 399The stock recently confirmed a breakout from an inverted Head & Shoulders pattern and continues to maintain its upward momentum. On the monthly chart, the SMIO histogram has crossed above the zero line, suggesting a shift in long-term sentiment. Additionally, the RSI is holding near 60, indicating sustained strength without being overbought. On the daily timeframe, the appearance of an inverted hammer—a classic bullish reversal signal following a dip—adds further conviction to the upside on this technical setup, the stock is expected to move toward the 450 mark in the near term. To manage risk, a stop-loss should be placed just below ₹399.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store