I have handled this question many times, and have come out with similar answers. However here are some questions which are IRRELEVANT …. 1. How much has the house appreciated by: Many people write in to say ‘I paid Rs. 20L now it is worth Rs. 37 lakhs’…This is completely immaterial. Your house appreciating has […]
Once in a while a man comes along willing to offer you his everything. Including his life. It is not easy, not many of us can do it. If I give somebody a book out of my super overflowing library, I keep track to get it back. I have no clue when I gave something […]
There is a huge real estate mafia which holds prices unrealistically high in Mumbai. I have no grievances – but it is mispricing all the services available in Mumbai. A trust which owns a school in Santacruz, Khar, Ghatkopar or Chembur (just 4 suburbs) can charge whatever fee it wants. Does it mean the teachers […]
So SEBI has one more work for mutual funds. They are supposed to be the conscience keepers for corporate India. Good news. Next they may be asked to get a ‘good behavior’ certificate from unit holders – saying I will redeem them only for legitimate purposes. I will not use the proceeds for buying a […]
In one of the newspapers Sandeep Shanbag was lamenting about very few Indians paying tax. This is perhaps true from the records. However whenever I eat on the footpath (rarely, but it happens) I speak to the vendors about their income, their savings, and even their investments. One thing that comes out is that the […]
Indian market today is a very difficult market to please. Is the end client really difficult to please, I am not sure but the distributor is very difficult to please. And the last mile connect is the real tough nut to crack. Whether it is your cable television provider deciding not to give you UTVi […]