Just like my post on Sathya Sai Baba here is a post on Narendra Modi. Not a great fan of his role in the riots, but a big fan of his administrative capabilities. Have interacted with enough of the bureaucrats of Guj to know that he has done a great job. I have no clue […]
It is funny how many people want to get returns far (the operating word is far) greater than the index! Over a 54 year period my father has got a return greater than 14% p.a. in Hindalco. This is not good, it is great. The two important things are ‘r’ the rate of return and […]
I know many Chartered Accountants, Cost Accountants and Company Secretaries do visit this blog…I am also sure that they keep themselves abreast of MCA notifications… Here is a notification that is putting a lot of responsibility on practising accountants and secretaries….well if you want to get paid well, learn to accept responsibility also…read on..Circular_MCA_14-2011_12apr2011
One reader has asked ‘How will I benefit by reading your book’. An honest answer is ‘I do not know’. This is because in life there are 3 important things in behavior change. First is knowing what is good for you (Learning – Saraswati), then finding a guru – means a person whom you respect, […]
I know very intelligent people, very close to me, very successful, very humble – and many of them are Sathya Sai Baba bhakts. One thing I have learnt in life is ‘criticising is easy’ but ‘delivering is difficult’. When I have to criticise somebody I look at ‘what would have I done’ and ‘given the […]
I was talking to a regulator about some changes in the financial reporting that is happening world wide and will happen in India shortly. The Reserve Bank of India has accepted it, the MCA has accepted it, SEBI has mandated…. One obvious question (esp if you are a regulator) is to ask (no clue why) […]
Once upon a time long, long ago I used to be a practising Chartered Accountant. In 1988 I used to be at the ITAT (Income Tax Appellate Tribunal) quite regularly (definitely on Fridays when the department used to file its Reference Applications!). A few people who used to be regular thereat were some super seniors […]