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HomeMoneyIndian Tycoon gifted 1,260 cars, 400 flats to employees! for Diwali Festival

Indian Tycoon gifted 1,260 cars, 400 flats to employees! for Diwali Festival

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The businessman, who once made his son do blue-collar jobs to learn the value of money, has gifted more than what his employees could have expected from the company. The diamond tycoon has gifted 400 flats and 1,260 cars as Diwali bonuses to his employees. The company has spent as much as 51 crores on Diwali bonuses this year. The company, Hare Krishna Exports, also marks its golden jubilee this year.

surat businessman Indian Tycoon

As many as 1,716 employees were named as the company’s best performers. The hefty bonuses, which were announced at an informal meeting of employees on Tuesday, have been an annual affair at this company. In 2015, the company had gifted 491 cars and 200 flats to its employees.

Last year, talking to the Indian Express Dholakia who is fondly called ‘kaka’ in his firm, had said he doesn’t treat workers as employees but family members.

surat businessman Indian Tycoon

“We don’t treat diamond polishers as employees but as family members as they hail from the same area from where we belong. We have given them gift as per their performance in the company,” he had said.

The businessman hails from Dudhala village in the Amreli district. In his early days a businessman, he established and grew his diamond business using a loan from his uncle. He also made headlines when he sent his son Dravya to Kochi with three sets of clothing and Rs 7,000 emergency money, to make the young lad learn what’s it’s like to stand on his own feet.

Source: Indian Media

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Sameer is a writer, entrepreneur and investor. He is passionate about inspiring entrepreneurs and women in business, telling great startup stories, providing readers with actionable insights on startup fundraising, startup marketing and startup non-obviousnesses and generally ranting on things that he thinks should be ranting about all while hoping to impress upon them to bet on themselves (as entrepreneurs) and bet on others (as investors or potential board members or executives or managers) who are really betting on themselves but need the motivation of someone else’s endorsement to get there.

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