There is a recent Credit Suisse report talking about the debt increasing in Corporate India. It does not capture the evergreening that Indian Psu banks are capable of doing. However here is an article showing you India’s top borrowers – and how the net worth of many of these companies will not be enough to […]
The name of the reader does not matter….here is it My employer is starting to provide option to employees to opt (voluntary, not mandatory) for NPS Corporate sector model in which employer will deduct my Special Allowance (which is fully taxable@20.6%) with an amount of Rs 3675 (10% of my basic salary of 36750 per […]
If you know people in the BFSI space chances are you will know many people in that space, right? So what happens is you get one or two calls a week from people who are looking for a change. Not that they are unemployed, but they are just looking. Well, well. Then there are people […]
When my mother’s grandfather had a cow at home, he got milk. The cows would be given good food (left overs would be given to the Ox, not the cows), it used to be at home, it would be worshipped, it would be given basic medicines, and a lot of the milk would go to […]
Just outside many railway stations you find some pharma company offering to check your blood pressure and blood group. Do remember the blood group involves a prick! Not sure if people throng such places to save some money, but do they realise the risk that they are taking? The fact that some untrained person is […]
The government of India runs many businesses – almost nothing is justified, though. Most PSU businesses are run so that the Central Government (bureaucrats) and the Ruling party (as of Sep 2013, it is the Congress). Now if you see how the Cent Gov spends money on holding seminars, workshops, etc on Corporate Governance it […]
Not because RR is of my age, but somehow I seem to be liking this guy! Speaking at Frankfurt RR made one statement saying ‘I am not sure whether keeping interest rates at zero or such low figure is a good idea’ . Agree with him. Completely agree. If today I were to get money […]