I liked the 3 farmers who came on Satyameva Jayate and said “for my family I grow vegetables and fruits separately. For commercial farming I use pesticides. Products look good, but have a lot of pesticides. Like the CxO of a life insurance company said: “I cannot be investing in Unit Linked Plans’” I […]
Unfortunately in India most customers crib, then when they get a pat on the back from a high ranking official, they withdraw their complaint. I am yet to see a court order a full repayment for mis-sold policy and heavy damages suits. There is no fear of God in ANY company. If you do bring […]
We represent the gen born in the 1960s and we know everything. Yes everything. We represent banks, psu undertakings, life insurance companies, mutual funds,…and all the employers in India. Here listen: 1. “We will recruit you and invest in training” – do not believe this. We expect you to hit the market running on Wednesday […]
Clearly inspired by Aamir Khan’s program on doctors… Sorry I do not have the reach of an Aamir..but would be happy if you write in with your problems. I can assure you that the cxo of the company that cheated you will hear about it. If it is a psu, please excuse me….i do not […]
Last week I was talking to two CXOs of life insurance companies. They had similar problems – but not really the same one. One CXO was still opening branches for selling life insurance – this kind of surprised me. As he was on the sales side, he was saying that the ‘training’ is too long. […]
There was an amazing news item now. Mr. D Swaroop said Rs. 15,000 crores was paid as commission to the insurance distributors, so they have decided to eliminate commissions. Fantastic idea, should be immediately implemented! Vow! So the investors save Rs. 15,000 crores. A quick calculation showed that the insurance companies paid Rs. 22,000 crores […]