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 […]
When Tata Motors launched Indica, I was skeptical, sold the share and bought it back at 25% of the price at which I sold. Just luck I guess, but I will live with that. A brilliant observer of the auto market Adil (of Car and Bike fame!) told me “I told T Motors they should […]
There is mis-selling in mutual funds. True or False? Frankly I do not know what is mis-selling so I cannot comment. This is what a rational person is supposed to say. But our powerful mandarins say yes, yes…we will legislate against it. Will the SEBI please stand up and come out with a white paper […]
When I ask people what they expect from their investments, their first answer is ‘profits’. So I now have to be more accurate in my questioning… One of the questions is ‘What returns do you expect on a realistic basis from your investments?’ Obviously in nsc and ppf they know the answer…but when it comes […]
No not another ban, just another blog. Please also see ‘Sebi bans ulips’ post and the comments. Now we have another problem – the sports minister Mr. Gill has found that the DLF ad contains the word India – and that should not be allowed. Amazing how Mr. Gill has nothing to do but find […]