a hypothetical letter to my hypothetical client. Any similarity to something like this already written by somebody is a sheer accident. Hello Mr. Client, Sebi has vide its circular said I have to tell you all the earnings that I have from your account. I wish they had said that mutual fund houses should […]
Planning to do a series of articles on Couples and Money. I do not wish to see how many articles, but this is clearly one of the earliest. A couple may fall in love or have an arranged marriage, but they surely meet before their marriage…so these are things which they should surely talk about. […]
No health deteriorates overnight. Sure we have heard of cancer, liver and kidney failure – but there are always some signals. Ignore them, and you are dead. Literally. Similarly are there some signals that you can pick up from a business that pre warn you about failure? Well here a few that I remember from […]
Hindu Business Line carried an article by Aarti by the same title. She starts by saying it is blasphemous to even ask this question. I agree that it is the way the media has ‘asked’ people to think. However, I belong to an old school of thought. It is easy to say ‘costs are everything’. […]
There is a provision to increase the expenses that the ‘aam aadmi’ will pay for the services of an asset management company…so welcome to the party. I mean the party that the AMCs will now start having. What are my objections to the new provisions? Frankly, I have no strong opinion on what the […]
Most people are generally under the impression that the Government of India (actually the party in power) misuses the psu money and that is bad. True, well almost. HOWEVER, please note that some advantages that the psu undertakings enjoy should not be ignored. For a very long time you could pay your advance tax ONLY […]
When Nanda’s grandson was involved in the famous (infamous?) BMW case, Nanda was rumored to have spent upwards of Rs. 7 crores. As a person who has seen 4-5 cases go to the supreme court, I can believe this figure. Recently I heard of a Senior Lawyer charging Rs. 25 lakhs for a 2 day […]