I get a little amused when 24 year old anchors analyze SRT’s shots and say ‘He should not have played this shot’…there is a Marathi saying…which is so un-parliamentary that I cannot use it on my site, but fits it well. SRT has played great cricket and led a great life – I am […]
Let us look at some things which were heralded as a fantastic solution for a problem. Then we will see how these have NOW become problems and not a solution as it should have been. Insurance, Home loan, car loan, educational loan, derivatives, leverage, credit cards, ………….. Look at business Insurance. It is a brilliant […]
How Can You Get the Best Deal? Try creating a group or a pool if you have a friends circle / professional circle (like BNI), or any such group. Even if 3-4 of you are buying a car together there is a chance that you will get a good deal. Of course you must […]
Why do men lie about money? It is simple: a) they will not admit to the world – even to the wife and kids that they are not earning enough. b) it is a community thing – some communities like to show off, some do not have the need to show off. c) men live […]
The most important requirement for a start up is not just PROFITABILITY, but also the availability of CASH. Cash flow is not the same as profitability – and many businessmen do not realize this. If you are a supplier of material which is not critical for a business, chances are your payment will be […]
After the fate of IFRS in India, people are wondering will XBRL stay? Or will somebody push it to 2015 and beyond? The answer is really difficult. Let us look at what is happening to XBRL worldwide. The US’s SEC started it slowly – for the top companies – but has now mandated it. BSE […]
If you are a honest manager in a PSU and you feel for the company and for the country, you better have good writing skills! That is the only way you can vent your feelings for Mr. Praful Patel, Mr. Murali Deora,…etc. these gentlemen have singularly tried (and somewhat succeeded) in killing Air India (Indian […]