It is very difficult to be in the PMS (Portfolio Management Services), Mutual fund business, Broking, Investment banking, …at some stage there is a conflict. There is a conflict between pricing an issue for the IPO and for the customer. What do you do when the promoter of a small company asks you to handle […]
This is perhaps the most amusing comment i have read in recent times. I also like N Vittal’s statement – ‘you only hear bali ka bakra, do you hear bali ka haathi or bali ka Sher?’. Similarly for many of today’s writers (including yours truly) the easiest thing to do is to attack the bakra. […]
A couple of weeks back I had written a post about how the slow down will hurt some industries. Fairly clearly those companies (industries) which have a high cash burn ratio – and who cannot reduce fixed costs will bleed first. Financial services industry – life insurance, broking retail, general retail – are all vulnerable. […]