Priya Paul: The Success Story of India's Famous Entrepreneur and Chairperson of The Park Hotels

March 31, 20223 Minutes Read
Success Stories

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Almost half of India's population is women. But things get really surprising when you look at this gender ratio in workplaces. The workforce of India is highly male-dominated. This gap in gender representation gets wider as you start observing the leadership teams. And this fact mostly holds irrespective of whether the company is a small one or a big one.

Up until very recently, women were limited to doing domestic work. This practice owes its existence to various reasons, from the fact that people generally see women as weak to the male ego unable to handle a woman's success. While several women stood up against this patriarchy, only a few succeeded. As a result, we can almost count the number of female business leaders altogether at our fingertips.

This story is about one such fierce woman who showed the world that women are second to none when they set their minds on something. We are talking about none other than the chairperson of Park Hotels, Miss Priya Paul.

Who is Miss Priya Paul?

Priya started her career in her father's company.

When her father passed, she had to shoulder the burden of his business. She had to manage three hotels owned by her father's group. She lacked the experience of running a hotel business. Still, she overcame all challenges with a determined attitude and hard work. They say behind every successful man there is a woman. Something similar is true in the case of Priyal Paul too. Her mother and some other female family members have helped Priya along the way. As a matter of fact, her mother handled the hotel business for a good ten years. But Priya wasn't one to follow any guidebooks handed to her. Instead, she went with what her gut told her and paved her way to success with her authenticity.

Miss Priya Paul's Success

While many doubted her, her success proved her mettle. She increased her father's hotel business by 400%. She added nine more hotels to the group. Today there are 12 Park Hotels across nine cities in India. In an April 2021 report by macrotrends, The Park Hotels and Resorts is valued at a little over five billion. No wonder she is known as one of the most successful entrepreneurs of our country.

Miss Priya Paul's Ideology

A strong advocate of creativity and innovation, Priya believes that no business can survive without these two essential pillars, especially during a recession. She has taken this belief into her hotels. Each of her hotels has a different look and interior design.

Priya has always appreciated the diversity of India. She always saw merit in blending the aspirations and desires of the modern world with contemporary Indian culture. No surprise that her hotels are popular among Indian and foreign tourists. Over the past two and a half decades, Priya's revolutionary- innovative ideas and contributions have helped in changing the face of India's hospitality business.

Awards and Recognitions

Her success has won her many recognitions. In 2011 she was ranked as the 50 Most Powerful Businesswoman of India by Fortune Magazine. In 2012 she received one of the highest honours for Indian citizens - the Padma Shri award. Then again, in 2019, she was ranked as Asia's top 50 Influential Businesswoman by Forbes.While Priya Paul took The Park Hotels to new heights, some of you are yet to start your entrepreneurial journey altogether. If you want a successful career but are unsure which field to choose, you should get free online career guidance.

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January 24, 20192 Minutes Read

How to Score High Marks in 12th Standard Accountancy Exam

Accountancy is basically a numerical based subject, but demands a combination of writing skills, conceptual answering and mathematical skills from a student. In the practical world, accountancy is the art of communicating financial information to shareholders and managers. Hence, you must have good command over ledgers, debiting and crediting balance sheets and even journal entities.

For Commerce students, the Accountancy paper is of prime importance as this is one subject where you can score with the right approach to study. Studying this subject well not only helps you to improve your overall score in the board exams, but also opens up wide career prospects including that of a CA (Chartered Accountant), CMA ( Certified Management Accountant), CPA (Certified Public Accountant), ACCA (Association of Chartered Certified Accountants), BBA (Bachelor of Business Administration) and more.

As mentioned earlier, although this subject is primarily numerical based, you can expect a number of theory-based questions and hence, focus must be directed at writing well also. Here are some important to bear in mind while preparing for the 12th standard Accountancy board exams:

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  1. You need to first understand the important topics that demand more focus while studying. These include Share Capital and Debenture, Pro-rata allotment of shares, Partnership Firms, Analysis of Financial Statements and Cash Flow Statements.
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  1. Understanding the concepts is the most important thing in Accountancy. Once you get a strong hold on them, then you have a smooth sailing thereafter. Refer to the very effective online course on Accountancy on the Glow & Lovely Careers (formerly known as Fair & Lovely Career Foundation) website to get absolute clarity on concepts.
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  1. Get a strong hold on basic topics in Accountancy like ledger posting and debit and credit balances.

    4.As and when you study keep highlighting the most important points and make notes of these. Write down all the formulae and definitions in a book, like that of assets, debts, liabilities, profit and loss, etc., so that it comes handy to brush through just before you enter the exam hall.

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  1. Follow the Pomodoro technique while studying every day. This technique involves studying for 25 minutes and then taking a break for 5 minutes. This is a time-tested theory which has been proven to be very effective in terms of giving you greater focus during the time of study.

    5.Practice online mock tests every single day. This point cannot be stressed enough. The more speed and accuracy you attain, the better marks you score. And these can be attained only by practicing online mock tests every day during preparation. Devote 2 hours of your day only for this.

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  1. Refer and solve board exam question papers on Accountancy from the last 10 years. By this, you will get a solid understanding of what you can expect.

    Rigorous preparation will always lead you to success in any exam. Make sure you keep the enthusiasm going and never stop until you reach the goal you wanted to reach.

Success Stories
December 21, 20222 Minutes Read

5 Simple Math Tricks For Fast Calculations

Maths tricks are the road to quickly and efficiently solving complex math problems. Math isn't just something you can learn from books. There are other ways to learn math that can make it easier. Simple math tricks help us figure things out quickly and help us get better at math.

Some kids have trouble with math. The math tricks are helpful for students and help you keep track of time so you can answer math questions correctly in competitive exams and in real life.

The best way to make math a fun subject is to teach math tricks. So, learning simple math tricks will help students feel better about themselves and improve their problem-solving ability. With these tips, they can do very well on competitive exams and in the future. Here are 5 such tips:

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  1. Addition
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  • Take 53 + 44.
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  • Based on tens and units places, split the second number: 44 = 40 + 4
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  • Finish the ten's addition. 53 + 40 = 93
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  • Finally, add the remaining unit place digit. 93 + 4 = 97.
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  1. **Quick Multiplication **
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  • Let's try the numbers 28 and 14
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  • First, split the number 28, which gives 4 x 7
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  • Then multiply 7 by 14, and we get 98
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  • Finally, multiply the number 98 x 4 = 392
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  • So, 28 x 14 gives 392.
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  1. Multiplication of Two-Digit Numbers when one number is even:
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  • Consider an example, 12 x 37
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  • Here 12 is an even number. Divide it in half so that 12/2 = 6
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  • Then double the second number. 37 x 2 =74
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  • Finally, multiply both answers. It becomes 74 x 6 = 444
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  1. Percentage

    Let's find 5% of 375:

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  • First, Move the decimal point over by one place for the given number.
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  • 375.0 becomes 37.5
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  • Then divide the number 37.5 by 2, and we get 18.75.
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  • The answer to 5% of 375 is 18.75.
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  1. Squares of numbers ending with the digit 5
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  • Let's take the number 85 and try to find its square.
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  • We know that the square of 5 is 25. Note that down.
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  • Next, take the first digit of the number 85. That is 8. Then take the number that comes after 8, which is 9.
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  • Now, multiply 8 and 9, and we get the number 72.
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  • Finally, write the number 72 before the number 25 (which you wrote down earlier). So, what you get is 7225, which is the answer.
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