It was really long ago when I met Mr. Ramesh Chauhan, the erstwhile owner of Thums Up, Limca and Gold Spot. It was some time in the early 1990s that this deal happened. I was asked to do a valuation of the brand – and well, I did it. The final selling price was very […]
The biggest risk in the financial services business today is the Regulatory risk. The more the regulators think that they can prevent frauds and cheating the more they will move into the controls of a business. Sebi has been making a lot of changes in the mutual fund business – there is a good chance […]
So now the mutual fund industry can sell its units abroad…and the limit is US $ 10 billion. Fairly obviously the media is excited (they need to do ONE story a day you see). 3 Journos tracking the industry wanted to know ‘what impact will the inflow of US $ 10 billion have on the […]
I personally have little at stake in the mutual fund business, but surely the current mess is likely to stay much longer. 2 products which are similar in nature having a different kind of sales incentive is a big danger to one being crowded out. Of course other than the regulator everybody knows it. Khyati […]