Hey the agency model is NOT working. Well it is not working as it was intended to at least. A group of people start a bank. They work in the bank. Then they appoint employees to work there. They appoint qualified people. These people are supposed to be moral, ethical, ….etc. These people cheat. They […]
So as expected the ULIP bill is passed. I am not sure about my numbers but if the mf sales: ulip sales is 1:300, to even think the MF industry will be called for a meeting sounds funny. The mutual fund industry in India is going through a real hard grind – some partly its […]
If you are old enough to remember what is LBO it means you were born in the 1950s or 60s! LBO is a short form of Leveraged By Out. Here a set of employees would get together and decide to buy out the shareholders. Then they would take the company public and make their $ […]