I recently saw a post which said ‘Alert Investors already know about ULIPs’. Amazing half truth :). Once upon a time Arun Shourie said “In India what you say depends on where you sit”. This is so amazingly true – look at the Women’s Bill. BJP says it supports the bill, Congress says it wants […]
IPL has done for cricketers what no other pension scheme or benefit scheme could have done for them. It has created a need for a great pool – 10 teams X 9 players means the top 90 Indian players get to earn at least 20-30 lakhs a year. This is not bad in a country […]
How to read a book? – this could have been the title. However since normally this question is asked by my MBA students, I decided to say “What an MBA student should know..” Read on: I have been asked this question many times, so I thought it nice to put down the answer in a […]
There are many questions being asked about the sebi vs. irda battle. If the fees paid to sebi / irda depends on the assets size, then it is obvious that both of them want a part of the wealth management pie. To most observers it was clear even in 2003-4 that by 2010-11 the assets […]
What will be the outcome of the Sebi ban on ULIPs? 1. The Life insurance industry even singly is far more stronger than SEBI. 2. Implication of (1) is most Chairmen of insurance companies can pick up the phone to a Central Cabinet minister, – and most of them can reach the Finance Minister or […]
No not another ban, just another blog. Please also see ‘Sebi bans ulips’ post and the comments. Now we have another problem – the sports minister Mr. Gill has found that the DLF ad contains the word India – and that should not be allowed. Amazing how Mr. Gill has nothing to do but find […]
How did it feel when the Sensex was at 9000 and Mr. Doom Sayer was predicting sensex at 6500 as the next stop? Did you stop to WRITE down that feeling? Risk is funny – you need to feel it in the bones. And more importantly remember it!! With the Sensex up more than 80% […]