in today’s Business Line there is a brilliant article about the film industry. Just replace the word ‘film industry’ by ‘financial services’ and YOU have the same story happening. Obviously i am too junior in the hierarchy, and will respect the food chain. Grass cannot (does not need to) argue with the Tiger or Lion…read […]
Buying any financial product is not easy. Let us look at a product like life or even general insurance. Fact is, you are buying a ‘security’ – you want to be reasonably sure you are dealing with a good company, right. What do people look for: 1. Can I buy it online: Ease of […]
how many of you have noticed that the Sensex and the Nifty may have gone nowhere in the past few weeks…but I have seen some explosive growth in: Cholamandalam Finance, EID Parry, Carborundum Universal, Tata Motors, Cummins…. just an observation and back patting myself…. PS: i MAY have a trading position in these shares too… […]
Please remember the Indian Army has not been tested since 1971. We have no clue how well prepared it is to take on a war even by Bangladesh…. And our army cannot get its General’s date of birth right… In Kashmir they ‘need’ to be there to keep it normal – does it sound like […]
PSU companies make profits only if: – they have a monopoly – price is controlled or quantity is regulated – the market is very unfair – there is so much profit that all companies make profit. PSU banks fall in the 4th category! The government owns about 25 banks – and it has no reason […]
for those of you tracking my running at Stanchart Mumbai Marathon – Scmm – I did a time of 2:29:28…..for my HM this is of course the nth time I am doing it..and presumably my best timing….remember 5 years ago there were no chips to use….
How people love a rising market! So one good day and the world wants to announce that the worst is behind us. My foot. Remember it took a long time for the world to recover from the Lehman collapse – a company who had an audited balance sheet. When it comes to countries, you […]