1. BACKGROUND/OVERVIEW “Borrow Rs.100 from a bank, it’s your problem. Borrow a hundred million it’s the banks problem” Debt is classified as an NPA (Non-Performing Asset) when loan payments have not been made for a period of 90 days. It was RBI’s independent initiative to conduct a review of the NPA monitoring system during the … Continue reading COLLATERAL MISMANAGEMENT AND INCREASING NPA’s
"Creativity is the solution to all problems"- Brian Chesky , co Founder and CEO at Airbnb For those who don't know, Airbnb is an online marketplace where people can lease or rent short term lodging. The $31 billion company does not own any lodging but is merely a broker. So how did two unemployed friends(3 … Continue reading How Airbed & Breakfast became Airbnb ?
So just a few days back I was with my cousins , as we were celebrating Rakhi and the youngest of the lot my two brothers of 6 and 7 repeatedly kept on saying that they wanted to go to McDonalds , and we had to repeatedly answer them that they were closed and they … Continue reading The McDonald’s Delhi story !
“Information is meant to be shared. Pictures are meant to be looked at “ We all have heard the name of the movie THE SOCIAL NETWORK, and as far as I remember I loved it and till date have watched it a gazillion times (partial blame on Andrew Garfield).So this is the book on which … Continue reading THE ACCIDENTAL BILLIONARES BY BEN MEZRICH BOOK REVIEW
India has an ever growing 2 billion telecom (telephone, mobile) subscribers. Before Jios majestic arrival prices and connectivity both soared. But Jio tried changing that on both the spheres. Its entrance into the telecom sector has led to a massive ripple effect. India’s 2nd and 3rd largest operators Vodafone India and Idea Cellular have agreed … Continue reading THE LINCHPIN CALLED JIO FOR THE TELECOM SECTOR
"There is no intoxicant more dangerous than cheap money and excessive credit “- Benjamin.M.Anderson So as you might have guessed from the cover above this book is about someone who ended up making huge bucks. Well to clear the mystery, Greg Paulson made $4billion in 2007 by betting against the housing marketing (his bet was … Continue reading THE GREATEST TRADE EVER BY GREGORY ZUCKERMAN BOOK REVIEW
Right now my favorite pass time is going and asking and seeing whether shop vendors have paytm or not. Last week when we went for shopping, all our payment were through the one and only “paytm wallet”. So a brief intro. of this game changer is that it was formed by Vijay shekhar sharma (Vjs), … Continue reading PAYTM KARO! PAY THROUGH MOBILE!