Business

Used Car Dealer Sales Tricks Exposed

Don’t act so surprised, Your Highness. You weren’t on any mercy mission this time. Several transmissions were beamed to this ship by Rebel spies. I want to know what happened to the plans they sent you. In my experience, there is no such thing as luck. Partially, but it also …

Read More »

Do you know how a Bill becomes an Act

  In the previous article I wrote about the difference between an ORDINANCE and a BILL. Now in this article let us learn about the process of a Bill becoming an Act. A Bill is a draft proposal of law. A Bill will become an Act after it passes through …

Read More »

Do you know who owns Indian Banks?

There are many Banks in India. Do you know who owns them? This article is about bank owners. Hope this helps understand banks better.   Public Sector Banks (PSBs) – PSBs (also called as nationalized banks) are those banks where Government of India holds more than 51% equity share capital. …

Read More »

Blind faith in business and its side effects

  One of our clients is having this problem. He has developed a very cordial relationship with his deputy. The deputy is working in his organization for the last 15 years. So, a great amount of trust is built between them.   The trust has turned into blind faith. Is …

Read More »

Am I eligible for External Commercial Borrowings (ECB)

  Mr. Keshavaiah, owner of an educational institution (Trust) wanted to know whether his institution is eligible to take ECB (say, foreign loan or loan from Non Resident lenders). He was living peacefully with whatever he had. It’s only after one of his extraordinarily intelligent friend suggested him to avail …

Read More »