Tuesday 26 December 2017

Living Quite Desperation - Break out

Dialogue from the Movie Dead Poets Society will help us relive the moments of our pre adulthood. This movie should be watched for Robin Williams’s (Role : Keating , School Teacher) sterling performance and also for the Beautiful Must Watch Movie.

Start

The students are all back in their normal seats and Keating leaps
up onto his desk.

                               KEATING
               Why do I stand up here? Anybody?

                               CHARLIE
               To feel taller.

                               KEATING
               No!
Keating rings the bell on his desk with his foot

                               KEATING
               Thank you for playing, Mr. Dalton. I
               stand upon my desk to remind yourself
               that we must constantly look at things
               in a different way.

Keating glances around the classroom from atop the desk.

                               KEATING
               You see, the world looks very different
               from up here. You don't believe me? Come
               see for yourself. Come on. Come on!

Charlie and Neil quickly rise from their seats to go to the front
of the classroom. The rest of the class follows them. While Keating
continues speaking, Neil and Charlie join him on the desk and then
Keating jumps down.


                               KEATING
               Just when you think you know something,
               you have to look at it in another way.
               Even though it may seem silly or wrong,
               you must try! Now, when you read, don't
               just consider what the author thinks.
               Consider what you think.

                               KEATING
               Boys, you must strive to find your own
               voice. Because the longer you wait to
               begin, the less likely you are to find
               it at all. Thoreau said, "Most men lead
               lives of quiet desperation." Don't be
               resigned to that. Break out!

Keating notices Spaz and another boy leaving the desk immediately.

                               KEATING
               Don't just walk off the edge like lemmings.
               Look around you.

END


Scene:



Source:



Friday 22 December 2017

Indian and Quantum Theory

I don’t want to predict because I am no seer.

However, there is one field where Indians will dominate / be comfortable with it in the future. Not because we are extremely good at it, but because it is part of us.

It is Quantum theory.

Quantum theory is defined as “Quantum theory is the theoretical basis of modern physics that explains the nature and behavior of matter and energy on the atomic and subatomic level. The nature and behavior of matter and energy at that level is sometimes referred to as quantum physics and quantum mechanics.”

According to New Scientist Magazine “Quantum theory can be mind bending…requiring a mastery of statistics…..Rife with uncertainty and riddled with paradoxes”

Many including acclaimed scientist such as Albert Einstein considers Quantum theory as weird.

I am reminded of famous Santi Patha (Peace Invocation)  from Isavasya Upanishad (Vajasaneyi Samhita Upanishad):

Om Puurnnam-Adah Puurnnam-Idam Puurnnaat-Purnnam-Udacyate
Puurnnasya Puurnnam-Aadaaya Puurnnam-Eva-Avashissyate ||
Om Shaantih Shaantih Shaantih ||

Literal translation from Isavasya Upanishad book by Swamy Chinmayananda (Page 62):

"That is Whole, This is Whole;
From the Whole, the Whole becomes manifest.
From the Whole, when the Whole is negated, what remains is again the Whole". 

For a normal reader the above will be considered as the weirdest statement, yet in India this mantra give us a direction.

Here we have to remember Albert Einstein for his statement on Quantum Entanglement “Spooky action at a distance”.

For lay persons what is this spooky action at a distance?

“That concept is also known as entanglement, and it’s what allows particles that have once interacted to share a connection regardless of the separation between them.”

To understand entanglement visually please visit the below video which captures the bafflement of Einstein over Entanglement. For impatient ones directly go to 27:39 onward and for patient ones please watch the entire video which is wonderful.



In India many believe God in different ways and state that devotion to God is ultimate. 

Similarly, Rig Veda shloka on creation ,creator and a doubt whether the creator knows it or not will baffle the outsiders. Yet Indians live with it harmoniously.

Srishti se pehle sat nahin thaa, asat bhi nahin
Antariksh bhi nahin, aakaash bhee nahin thaa.
Chhipaa thaa kyaa, kahaan, kisne dhaka thaa?Us pal to agam, atal jal bhi kahaan thaa.
Srishti kaa kaun hai kartaa?Kartaa hai ya vikartaa?Oonche aakash mein rahtaa.Sadaaa adhyaksh banaa rahtaa.Wohee sach much mein jaantaa..Yaa nahin bhi jaanataaHain kisi ko nahin pataa,Nahin pataa,Nahin hai pataa, nahin hai pataa.


For Audio listen below (Bharat Ek Khoj Serial)





One of the primary beliefs in India is God is in everything. 

The world enjoys reading and learning from Bhagavad Gita. One of the statements in it will appear surprising to many yet has connection to the Quantum Entanglement:

O son of Kunti [Arjuna], I am the taste of water, the light of the sun and the moon, the syllable om in the Vedic mantras; I am the sound in ether and ability in man.(Bhagavad-gita 7.8)

I am the original fragrance of the earth, and I am the heat in fire. I am the life of all that lives, and I am the penances of all ascetics. (Bhagavad-gita 7.9)

O son of Prtha, know that I am the original seed of all existences, the intelligence of the intelligent, and the prowess of all powerful men. (Bhagavad-gita 7.10)

I am the strength of the strong, devoid of passion and desire. I am sex life which is not contrary to religious principles, O Lord of the Bharatas [Arjuna]. (Bhagavad-gita7.11)

All states of being—be they of goodness, passion or ignorance—are manifested by My energy. I am, in one sense, everything—but I am independant. I am not under the modes of this material nature. (Bhagavad-gita 7.12)

Deluded by the three modes [goodness, passion and ignorance], the whole world does not know Me who am above the modes and inexhaustible. (Bhagavad-gita 7.13)

Considering the way an Indian grows adapting to the way the world works, he is better positioned to understand Quantum Theory which deals with probabilities.

I will end here by quote of Heisenberg (a German theoretical physicist and one of the key pioneers of quantum mechanics and was awarded Noble Prize in Physics (1932) “for the creation of quantum mechanics”) which appeared in Fritjof Capra website:

“In 1929 Heisenberg spent some time in India as the guest of the celebrated Indian poet Rabindranath Tagore, with whom he had long conversations about science and Indian philosophy. This introduction to Indian thought brought Heisenberg great comfort, he told me. He began to see that the recognition of relativity, interconnectedness, and impermanence as fundamental aspects of physical reality, which had been so difficult for himself and his fellow physicists, was the very basis of the Indian spiritual traditions. ‘After these conversations with Tagore,’ he said, ‘some of the ideas that had seemed so crazy suddenly made much more sense. That was a great help for me.’”

References:







Rig Veda Shloka (Discovery of India): https://www.youtube.com/watch?v=NyFdtM_VPAg

For Audio of Discovery of India only : https://www.youtube.com/watch?v=vet9pMZ0OW8


Bhagawad Gita shloka: https://krishna.org/krishna-says/



Book: Isavasya Upanishad by Swami Chinmayananda

Sunday 10 December 2017

Terry Laughlin - Guru Indeed

According to Terry Laughlin “Total Immersion” means “to do with complete engagement”.  Terry believed that “one must learn ease before focusing on speed and endurance”. He was a saint as he advised to conserve / channel energy efficiently.

After reading his easy freestyle manual it seems Terry wanted swimmers to unite / be part of water. As if he is saying do not swim but allow water to take you for a ride.

I will reproduce a small section from The New York Times Obituary on Terry Laughlin (known for Total Immersion technique in Swimming):

“Total Immersion teaches swimmers, both novice and experienced, to balance their bodies in the water and use controlled motions that integrate the entire body, not just the arms and legs. The aim is to conserve energy and enhance efficiency. With time and effort many swimmers learn to move more like a dolphin than a flailing Labrador.”

Reference:

Stop blaming Board of Directors of Indian Companies

General Electric , founded by Thomas Edison, JP Morgan etc., was an iconic American Company that survived three centuries (founded on 1892).

Market Capitalization as on December 08,2017 stood at USD 153 billion ( Jeffery Immelt retired on October 2017) down from USD 387 billion (September 07,2001 Jeffery Immelt CEO joining date).

It is understandable he performed as a CEO during a period dominated by Technology Stocks, credit crisis.

However, one thing that came out recently about Jeffery Immelt was unbelievable.  

According to Wall Street Journal "General Electric Co. executives didn’t notify the company’s board until this month about its regular flying of a spare business jet for its CEO, and it didn’t tell directors that GE had received an internal complaint about the practice several years ago, according to people familiar with the matter."

In short if Jeffery Immelt was flying in a business jet, a spare empty business jet (i.e. extra aircraft) was flying next to it.

Unbelievable.

The best thing GE can do is recover the entire amount for flying the empty business jet from his Full and Final Settlement.

Horror, GE Board was kept in dark about spare jet.

Lesson for me stop blaming Board of Directors in Indian Companies.

References:

Saturday 18 November 2017

Prophetic Interview

Some interviews tends to be prophetic. They list down the paths for future. Similarly, interview of Steve Jobs by David Sheff was very prophetic. Interview was titled Playboy Interview: Steve Jobs (February 1985).

Bold ones are my questions /  musings today 32 years post the interview and in italics are portions of the interview as answers for them.

Birth of Imac, Iphone, Tablet was inevitable

“It’s often the same with any new, revolutionary thing. People get stuck as they get older. Our minds are sort of electrochemical computers. Your thoughts construct patterns like scaffolding in your mind. You are really etching chemical patterns. In most cases, people get stuck in those patterns, just like grooves in a record, and they never get out of them. It’s a rare person who etches grooves that are other than a specific way of looking at things, a specific way of questioning things. It’s rare that you see an artist in his 30s or 40s able to really contribute something amazing. Of course, there are some people who are innately curious, forever little kids in their awe of life, but they’re rare.”

Why start ups were required?

"Ten to 15 years ago, if you asked people to make a list of the five most exciting companies in America, Polaroid and Xerox would have been on everyone’s list. Where are they now? They would be on no one’s list today. What happened? Companies, as they grow to become multibillion-dollar entities, somehow lose their vision. They insert lots of layers of middle management between the people running the company and the people doing the work. They no longer have an inherent feel or a passion about the products. The creative people, who are the ones who care passionately, have to persuade five layers of management to do what they know is the right thing to do.

What happens in most companies is that you don’t keep great people under working environments where individual accomplishment is discouraged rather than encouraged. The great people leave and you end up with mediocrity. I know, because that’s how Apple was built. Apple is an Ellis Island company. Apple is built on refugees from other companies. These are the extremely bright individual contributors who were troublemakers at other companies."

About his exit from Apple?

"You know, Dr. Edwin Land was a troublemaker. He dropped out of Harvard and founded Polaroid. Not only was he one of the great inventors of our time but, more important, he saw the intersection of art and science and business and built an organization to reflect that. Polaroid did that for some years, but eventually Dr. Land, one of those brilliant troublemakers, was asked to leave his own company—which is one of the dumbest things I’ve ever heard of."

What’s missing in Indian companies?

“..the intersection of art and science and business and built an organization to reflect that..”

 If we can inject that liberal-arts spirit into the very serious realm of business, I think it will be a worthwhile contribution. 

What Warren Buffet should have known prior to investing in IBM?

“If for some reason, we make some giant mistakes and IBM wins, my personal feeling is that we are going to enter sort of a computer Dark Ages for about 20 years. Once IBM gains control of a market sector, they almost always stop innovation. They prevent innovation from happening.”

“I think there will be lots of innovation in the areas of software but not in hardware.”

What changed Jobs?

“That’s not quite the way it happened. I was walking around in the Himalayas and I stumbled onto this thing that turned out to be a religious festival. There was a baba, a holy man, who was the holy man of this particular festival, with his large group of followers. I could smell good food. I hadn’t been fortunate enough to smell good food for a long time, so I wandered up to pay my respects and eat some lunch.

For some reason, this baba, upon seeing me sitting there eating, immediately walked over to me and sat down and burst out laughing. He didn’t speak much English and I spoke a little Hindi, but he tried to carry on a conversation and he was just rolling on the ground with laughter. Then he grabbed my arm and took me up this mountain trail. It was a little funny, because here were hundreds of Indians who had traveled for thousands of miles to hang out with this guy for ten seconds and I stumble in for something to eat and he’s dragging me up this mountain path.

We get to the top of this mountain half an hour later and there’s this little well and pond at the top of this mountain, and he dunks my head in the water and pulls out a razor from his pocket and starts to shave my head. I’m completely stunned. I’m 19 years old, in a foreign country, up in the Himalayas, and here is this bizarre Indian baba who has just dragged me away from the rest of the crowd, shaving my head atop this mountain peak. I’m still not sure why he did it.”

Why Japan is struggling today?

“Japan’s very interesting. Some people think it copies things. I don’t think that anymore. I think what they do is reinvent things. They will get something that’s already been invented and study it until they thoroughly understand it. In some cases, they understand it better than the original inventor. Out of that understanding, they will reinvent it in a more refined second-generation version. That strategy works only when what they’re working with isn’t changing very much—the stereo industry and the automobile industry are two examples. When the target is moving quickly, they find it very difficult, because that reinvention cycle takes a few years.”

The Core truth

“And I’m not sure. I’ll always stay connected with Apple. I hope that throughout my life I’ll sort of have the thread of my life and the thread of Apple weave in and out of each other, like a tapestry. There may be a few years when I’m not there, but I’ll always come back. And that’s what I may try to do. The key thing to remember about me is that I’m still a student. I’m still in boot camp. If anyone is reading any of my thoughts, I’d keep that in mind. Don’t take it all too seriously. If you want to live your life in a creative way, as an artist, you have to not look back too much. You have to be willing to take whatever you’ve done and whoever you were and throw them away. What are we, anyway? Most of what we think we are is just a collection of likes and dislikes, habits, patterns. At the core of what we are is our values, and what decisions and actions we make reflect those values. That is why it’s hard doing interviews and being visible: As you are growing and changing, the more the outside world tries to reinforce an image of you that it thinks you are, the harder it is to continue to be an artist, which is why a lot of times, artists have to go, “Bye. I have to go. I’m going crazy and I’m getting out of here.” And they go and hibernate somewhere. Maybe later they re-emerge a little differently.”

I have not read Steve Jobs by Walter Issacson. To know Steve Jobs philosophy I will advise to read this interview.

Saturday 11 November 2017

Learnings

Learning from Harvard Business Review (May – June 2017)

Recruitment Procedures

SAP uses a metaphor to communicate this idea across the organization: People are like puzzle pieces, irregularly shaped. Historically, companies have asked employees to trim away their irregularities, because it’s easier to fit people together if they are all perfect rectangles. But that requires employees to leave their differences at home—differences firms need in order to innovate. “The corporate world has mostly missed out on this [benefit],” Anka Wittenberg observes.

This suggests that companies must embrace an alternative philosophy, one that calls on managers to do the hard work of fitting irregular puzzle pieces together—to treat people not as containers of fungible human resources but as unique individual assets. The work for managers will be harder. But the payoff for companies will be considerable: access to more of their employees’ talents along with diverse perspectives that may help them compete more effectively. “Innovation,” Wittenberg notes, “is most likely to come from parts of us that we don’t all share.”

Neurodiversity as a Competitive Advantage by Robert D. Austin and Gary P. Pisano

Data Management

Single Source of Truths (SSOT) i.e. Master Data
Multiple Versions of Truth (MVOT) i.e. Extracts from the Master Data

Data was once critical to only a few back-office processes, such as payroll and accounting. Today it is central to any business, and the importance of managing it strategically is only growing. In September 2016, according to the technology conglomerate Cisco, global annual internet traffic surpassed one zettabyte (1021 bytes)—the equivalent, by one calculation, of 150 million years of high-definition video. It took 40 years to get to this point, but in the next four, data traffic will double. There is no avoiding the implications: Companies that have not yet built a data strategy and a strong data-management function need to catch up very fast or start planning for their exit.

What’s Your Data Strategy? By Leandro DalleMule and Thomas H. Davenport

Business in Africa

He went for a five-day visit. “Immediately all these poor people were asking for money,” he told me. “But then I realized there are a lot of rich people, too, and although it’s hard to make it in this market, it’s just as hard for everyone else as it is for me.” Back in China he called an acquaintance at the customs authority and asked him what was the heaviest, most expensive to ship product being exported in large quantities to Nigeria. The answer? Ceramics.

Qi’s story is an example of how Chinese companies are patiently forging a new institutional reality in Africa. Perhaps because government agencies and other institutions are very much under construction in China itself, Chinese companies are unafraid of incomplete and evolving institutions. They make things up as they go along—pivoting toward different local partners and adapting their plans to changing conditions. They are open to the ideas of their African counterparts. At once relentlessly realistic and irrepressibly optimistic, they act without waiting for conditions to be perfect, and in so doing, they alter those very conditions.

As Ron Bloom, President Obama’s onetime senior counselor for manufacturing policy, put it, “If you get an auto assembly plant, Walmart follows. If you get a Walmart, an auto assembly plant doesn’t follow.

The World’s Next Great Manufacturing Center by Irene Yuan Sun

Stress Management

HBR has run articles showing that you can cultivate personal resilience by taking some downtime, via scheduled or unscheduled breaks, or by cutting yourself off from technology.

Grant: A lot of evidence speaks to that. But I think we tend to define breaks too narrowly. Kim Elsbach of UC Davis has done research showing that one of the best ways to give people a break is to assign them mindless work. Rote tasks can free up your mind to think creatively. As people advance and develop more-complicated skills, we make the mistake of taking repetitive tasks off their plates. Switching between challenging, creative problems and, say, entering data into a spreadsheet for a few minutes can help us recharge.

“Above All, Acknowledge the Pain” by Adi Ignatius

Learning to Manage

“I understand that when people don’t know how to cook, it might be hard to imagine making three meals out of one expensive chicken. But it’s not difficult to learn, and it’s a pleasure. If we all learn basic cooking skills, we can make extremely affordable food.”

Life’s Work: An Interview with Alice Waters by Alison Beard

Friday 10 November 2017

Stop Toleration

Unofficially everyone knows that Hindi Film Industry is plagued by Casting Couch or the Directors/ Producers/ Actors Cut.

Ashley Judd, Gwyneth Paltrow, Angelina Jolie these are big names who spoke against Harvey Weinstein. Around 50 actresses have spoken about it.

The outcome Kevin spacey, Ben Affleck, Stevan Segal all these names tumbled out of the dark corners.

Removing Kevin spacey from a completed, ready to release movie and replacing him with Plummer by Ridley Scott is not bold but a strong message about not tolerating the intolerant.

When will the Bollywood actresses come forward and speak about their sexual harassments.
Are they still afraid to speak against the heavy weight directors / producers / actors?

".....it was prevalent that a married actor would have a discreet affair with the young heroine he was working with and expect the girl to show no emotion or sign of involvement. And if, God forbid, she did indicate any of those in a weak moment all hell would break loose She would lose her films with the co-star, not be spoken to by the hero and his camp, be removed from whatever movies she had with “his people”. - Raveena Tandon.
What is required is someone to stand up and speak about one industry veteran and others will get the courage to speak.
Hope some actress speaks and the Paper Gods of Screen are brought down to lick dust.
Let’s remember:
“Unlimited tolerance must lead to the disappearance of tolerance. If we extend unlimited tolerance even to those who are intolerant, if we are not prepared to defend a tolerant society against the onslaught of the intolerant, then the tolerant will be destroyed, and tolerance with them. [...] We should therefore claim, in the name of tolerance, the right not to tolerate the intolerant.” - Karl Popper.
Bollywood Actresses stop tolerance and drag out the Harveys’ of Bollywood.
References:

Saturday 28 October 2017

Aramco Listing

Investopedia defines Initial Public Offering as “An initial public offering (IPO) is the first time that the stock of a private company is offered to the public. IPOs are often issued by smaller, younger companies seeking capital to expand, but they can also be done by large privately owned companies looking to become publicly traded.”.

Aramco has decided to go for IPO (valuation is assumed to be around USD 2 Trillion).

Offering Aramco shares is like i am offering part of my revenue stream (i.e. Income) for listing.  Why Should I do so?

I will do it because i know there is going to be an end in my revenue stream as i am 73 years old.

Aramco according to their website “Saudi Aramco is the state-owned oil company of the Kingdom of Saudi Arabia. We are the world’s top exporter of crude oil and natural gas liquids.”.

The obvious question, Aramco is not a small company seeking capital to expand. One of the reasons for sale of shares is attributed in “the Interest of more transparency” according to Prince Salman.

Is Aramco listing because?

Oil is no more going to be the controlling factor over world economy in coming decades.
Growth of Electric Vehicles.
Better to cash out.

Reference:

Forgotten Saints

History books should teach something about everything. It is then that students can pursue any one line of thought.

India is a land of spiritual masters. Few minutes back I happened to know about a great saint “Baba Farid”. The chance encounter of knowing this name was its appearance on a Hindu Wedding Card.

Baba Farid is well known in Punjabi Literature.

134 hymns of Baba Farid is part of the Guru Granth Sahib. One of the works of Baba Farid is presented below:

“The day of the bride’s wedding is pre-ordained.
On that day, the Messenger of Death, of whom she had only heard, comes and shows its face.
It breaks the bones of the body and pulls the helpless soul out.
That pre-ordained time of marriage cannot be avoided. Explain this to your soul.
The soul is the bride, and death is the groom. He will marry her and take her away.
After the body sends her away with its own hands, whose neck will it embrace?
The bridge to hell is narrower than a hair; haven’t you heard of it with your ears?
Fareed, the call has come; be careful now - don’t let you be robbed.”

Another spiritual master unheard of by an average Indian is Hazrat Babajan (Died on 21st September 1931 around 125 years of age).
The unbelievable part of Hazrat Babajan was her travel undertaken when she was around 18 years of age (we are talking of early 19th century). She travelled all the way from Afghanishtan to Peshawar to Rawalpandi to India. It is assumed Hazrat Babajan left her mortal body in Pune after a spiritual stay of around 25 years.
It is believed that Meher Baba was initiated by Hazrat Babajan.
The sad part we have never heard about these great saints from anyone nor taught to us in history class.
As a mark of respect to another Great Sufi Saint Hafez (1315 – 1390). I will share here one of his poetry on Perfect Equanimity. I think we are living in times when we the Pretenders are surrounded by Pretenders:
Perfect Equanimity
Look how a mirror
will reflect with perfect equanimity
all actions
before
it.
There is no act in this world
that will ever cause the mirror to look away.
There is no act in this world that will
ever make the mirror
say ‘no.’
The mirror, like perfect love, will just keep giving
of itself to all
before
it.
How did the mirror ever get like that, so polite,
so grand, so compassionate?
It watched God.
Yes, the mirror remembers the Beloved
looking into itself as the Beloved shaped existence’s heart
and the mirror’s
soul.
My eye has the nature of God.
Hafiz looks upon all with perfect equanimity,
as do my words,
dear.
My poems will never tell you no,
because the Mirror is
not like
that,
and if God ever hits you with a don’t -
He has His fingers crossed,
He is just fibbing
for your own
good.
From: Love Poems From God by Daniel Ladinsky

References:

Tuesday 10 October 2017

A Vigilant Investor

It is not surprising that Bombay Stock Exchange (BSE) received an important notice about a Stock and on disseminating it stock reacted immediately with an upper circuit. 

However, the news was already published in newspaper a day before.

This is about Adani Transmission Ltd (BSE Code: 539254).
I will reproduce the words appearing in the BSE Website, Adani Transmission, with exchange dissemination time:
“Exchange Received Time 10/10/2017 10:09:58
Exchange Disseminated Time   10/10/2017 10:10:05 Time Taken 00:00:07
Submission of Media Release relating to entering into a period of Exclusivity with Reliance Infrastructure Limited (RInfra) until January 15, 2018 in relation to discussions for the proposed acquisition of the integrated business of generation, transmission and distribution of power for Mumbai City from RInfra.
On 10:09 a.m the price was Rs.181.00 by 10:12 a.m. the stock hit upper circuit Rs.193.15.
Business Line newspaper (online dated October 09, 2017) reported the following (select portion from the online news is presented below):
MUMBAI, OCTOBER 9: Anil Ambani-led Reliance Infrastructure Ltd (RInfra) has announced transferring its Western Region System Strengthening Scheme (WRSSS) transmission undertakings to its two subsidiaries as part of the process to sell the businesses to Adani Transmission Limited.
RInfra and Adani Transmission have signed a binding termsheet agreement for RInfra’s three operational transmission projects —WRSSS B, WRSSS C and Parbati Koldam Transmission Company Limited (PKTCL), which is a joint venture company of RInfra and Power Grid Corporation of India (each having 74 per cent and 26 per cent equity respectively) in 2016.
Under this transaction, Adani Transmission would acquire 100 per cent ownership in WRSSS B & C and 74% ownership in PKTCL. WRSSS B & C transmission projects and stake in PKTCL …...
Post reading the news in Business Line (assuming news was published post exchange closing hours) next morning i.e. 10th October 2017 at 9.15 a.m. Adani Transmission should have hit upper circuit.
However, the curious aspect, information was already intimated to BSE by Reliance Infrastructure Limited (BSE Code : 500390) on October 09, 2017 at Exchange Received Time 09/10/2017 14:49:56 Exchange Disseminated Time 09/10/2017 14:50:00.
It appears Adani Transmission Ltd intimated the news late to BSE.
Will BSE officials take cognizant of it and take action on Adani Transmission Ltd for not submitting news on the same day itself. 
A vigilant investor / the reporter / Reliance Infra shareholder could have purchased Adani Transmission Ltd on October 09,2017 at 3.00 p.m. when the rate was Rs.174.25 and enjoyed a 10% return on next day.
Reference: