Long ago when I asked the mutual fund regulator’s office why there were no Mergers and Acquisitions happening in the mutual fund industry he said ‘because it is easy to get a new license’. Chuckle Chuckle. Now 3 companies Indiainfoline, Union Bank of India with KBC Asset Management and India Bulls have all got the […]
If you are an MBA in finance you would surely have heard of Mergers and Acquisition…well you may have even done one paper on M and A. Well this post is not about M and A…it is about what happens to the employees of both the companies. For example when TCS took over Tata Unisys […]
For many people doing their MBAs and CA there is always a challenge in defining financial services. Let us see what all financial services includes in India (as of now). Well it includes the following: Banking Life Insurance General Insurance Capital Market Services Mutual fund Leasing Hire Purchase Securitization Credit Rating Venture Capital Factoring Services […]
If you are a shareholder who started an asset management company and /or a life insurance company hoping to make money, God bless you! For those of us who are shareholders with the Birla, Hdfc, Tata groups – remember we are all funding the insurance and mutual fund businesses indirectly. Kotak bank, Hdfc ltd, […]