Congratulations! You are now in the second year of MBA and one year away from a job in corporate India. This is a good time to prepare financially for the financial life ahead. Let us see what are good things to do for a financially responsible start of your life! a. Get a clear hang […]
Hi kids of the graduating batch of 2013! There are certain things that I ‘forgot’ to tell you in 2011. It is also called ‘suppresso veri’ – well it is a legal language to mean ‘hiding of the truth’ but my job did not allow me to tell you the following. The following is also […]
To be successful you need to have tremendous Self Image. Now the line between self image, self worth and ego is not easy to draw. So one has to keep learning…. When a kid joins corporate India – he/she could get mauled by a boss with a huge ego. The kid has to know when […]
It was about 10 years ago that I suggested an asset replacement fund for a friend. He and his wife were just starting life and wanted to save/ invest in a scheme which would gather enough money to buy assets. Assets in this case were actually expenses (but we cheat ourselves by calling them assets). […]
OMG once upon a time (about 20 years ago) one had to go to a British Council or the USIS to get something on Financial Planning. Today every body from a credit card salesman to a real estate agent everybody talks of financial planning. So it has become more and more difficult to understand FP. […]
I have always held the view that you should have your own medical and life insurance – do not trust your company to cover you sensibly. Most general insurance (medical) decisions in corporate India is a finance and HR decisions. Rarely, if at all are they equipped to handle this decision. Let me give you […]
Could XBRL have helped in detecting frauds? Well the answer is a little complicated. Let me put it this way. If the Company Law Rules said a director should not be reappointed if he has already been a director, and you file a Form 32 in xbrl, within 2 minutes of filing you will get […]