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 […]
Most of the Governments of the world have been subsidised by the middle class. Let me explain. The biggest borrower in India is the Government of India – about 80% let us say. Now this government along with the RBI can decide the interest rates for most of us. They decide: at what rate PPF […]
Can airlines really be profitable if ALL THE AIRLINES: – BUY aircrafts from the same manufacturers – Land at the same airports (and pay the same charges) – Use the same airport infra – recruit from the same pool – have a union that will decide the salaries and the bonus – fly the same […]
This is a question that is always difficult to answer. The best thing to do is to fully deflect the question! However with a low IQ it is possible to attempt an answer to this! Even though I do belong to the Peter Lynch gang of saying ‘If you have spent 10 minutes thinking or […]
In the 1990s big corporates would borrow money from banks and lend it to smaller corporates. All of them played this game – Bajaj Auto, Tube Investments, Parle, Ranbaxy, etc. as lenders and smaller companies like Shaan Interwell, Indiana dairy, Sun Ceramics,….as borrowers. However the overall return that the lenders got could not have exceeded […]
at various levels the common man has been told lies. The common man being the common man, he believes the newspapers, the television channels, the experts who come on television, the advisers, the media experts…..and everybody and everyone. Let us see some more of the lies that he/ she believe: 1. India is a socialistic […]
Sometimes you get rich by not getting ESOPs! If the private life insurance companies did not give you ESOP, rejoice. It must be really difficult if you have such a tough competitor like LIC! Look at what all they do: 1. They give in writing to corporates – we will give you 9.35% p.a. return […]