Dangerous DEBT

The NPA is a fraction of the problem for Indian banks. They will employ a team of lawyers and / or sell NPA to ARCs to get rid of such accounts. They will get capital from the Govt.

But for entrepreneurs having an NPA, it is the mega problem for them. Their other good accounts will get affected; no one will lend them, they will be at a risk of selling of property mortgaged to the bank. It’s a very stressful situation. Mostly most small NPAs are not willful but ignorant NPAs. Read more.

Enjoy your weekend with Seth Godin & Tim Ferriss

I spent my day today with Tim Ferriss and Seth Godin.

Yes, it was more than three hours of lessons from these people.

If you want to invest your weekend in a more meaningful way, just click on the links below and hear them out.

Know the difference between a painter and an artist, daily blogging, education in the future and a lot more. He is the author of 18 bestselling books and yes he has not used snooze button since 1977. -Continue Reading...

Jewellers Strike, Jeff Bezos and Achchhe Din

Jewellers in India were on strike for nearly six weeks. They are asking the Govt. Of India to remove 1% Excise Duty levied in the budget this year.

Today in the Parliament Shiv Sena MP Arvind Sawant recommended the Govt. to consider their requests and remove the duty. He went on to say that Jewellers do not mind 1 or 2% levy but they do not want this by an additional Govt. department. They have a bad experience about this department. ... Continue Reading...

E & Y Fraud Study and The Fifth idiot

“Young players play with a great deal of fairness and sportsmanship. Once they learn how important the game is to adults, they will learn how to cheat.” – Dr. Ron Quinn, Professor of Sports Ethics at Xavier University.

Cheat to win is the mindset we adults have developed and that is spoiling our children too. The recent study on fraud conducted by E & Y indicates about 70% of the Indian executives would indulge in unethical business practices to achieve the targets.

Parents’ expectations are the biggest CRISIS in our society. Be it winning in sports or getting top ranks in schools or studying the course of interest of parents and even marrying the partner of their choice. Fulfilling parents’ dreams make children do unethical things and study the subjects of their least interest. Parental pressure and expectations are the biggest stress for the children. Continue reading...

Who wants to suffer from Existential Distress?

Existential Distress is the term I learnt from the podcast titled ‘The Man Who Studied 1,000 Deaths to Learn How to Live’ by Tim Ferriss with BJ Miller.

The meaning of these two words is:  Existential distress at the end of life has been defined as hopelessness, a burden to others, loss of a sense of dignity, desire for death or loss of the will to live and threats to self-identity.

Existential Loneliness has entered the literature and “is understood as an intolerable emptiness, sadness, and longing, that results from the awareness of one’s fundamental separateness as a human being.” Continue reading

Why everyone needs to know about Anekantavada?

Sushma Swaraj, Indian Minister of External Affairs recently said that Jainism’s principles of Anekantavada, Aparigraha (non-hoarding) and Ahimsa (non-violence) offer a solution to the present day problems the world is facing. She was referring to extremism, climate change, and inequality.

Next week when the world will celebrate Mahavira Jayanti (birth of Mahavira, twenty fourth and the last Tirthankara (Teaching God) of the present time cycle.) today I am writing about one of the most important and fundamental principle of Jainism - Anekantavada.   Continue reading..

The common link between Ki & Ka, The Fifth Idiot and a Ted Talk

Ki & Ka, the movie by R Balki was released this Friday on 1st April. The movie is about swapping of the roles of House Wife and House Husband. The movie conveys the message in quite an interesting way.

But the moot question we all must understand is the mindset of the character Kabir, played by Arjun Kapoor in his usual serious ‘2 States’ like style. Continue reading. 

Free Ebooks – Welcome to download

Welcome to commence the new financial year with the brand new thinking. Let customer experience index and employee happiness index become the part of the Annual Report and see the transformation of business performance.

I am happy to invite readers to download two of my ebooks from Amazon. It can be downloaded on Kindle App or Kindle device. Free download ends on 4th April 2016. Continue reading....

Do you know your account could be the next NPA?

The whole India is debating about Vijay Mallya. But he is sitting somewhere in the world and addressing his high debt worries. On the other extreme, there are farmers committing suicide, due to unbearable debt exposure.

In between there are SME borrowers who are the most vulnerable to the debt crisis. Most do not know the implication of debt – its short-term and long-term usage, cash flow mismatch, interest impact and in the case of default all other implications that comes with NPA status. Continue reading...

Trust your instinct & Conquer your Everest

We all are climbing our Everest. Yes, those of us who are pursuing our passion are not any less than Everest climbers. Our expedition is ongoing and we can’t return back, the only option is one way, move ahead and upward. The result may be away or not even on the horizon, but the journey must continue.
Continue reading..

Eleven questions to the CEOs/ Business Owners:

1. Employees spend their prime time of lives with the employers. They need not wait for weekends for their happiness. Happiness for employees must be there and there at workplaces. This is the responsibility of CEOs. What are you doing about it?
2. Most (85% in Indian Pvt. Sector) employees are suffering from lifestyle diseases due to work related stress and long hours of working but they do not have time for gymnasium or exercise. Courtesy – long hours of work and so-called self-imposed targets. Shouldn’t this change?  Continue reading next 9 questions...

We are DYING in EMIs

Yes,  we all know about paying EMI but what we are ignorant about is,  we all are also drying in EMI.

As per the recent ASSOCHEM survey, due to demanding schedules, high-stress levels and performance-linked perquisites in private sectors, nearly 85% of employees in private sectors are afflicted to lifestyle, chronic diseases and acute ailment, according to a recent survey conducted on the occasion of ‘World Health day’.

We human beings are not compatible to cope up with fast moving technologies and severe competition. Bill Gates writes about Business @ The speed of thought, but we are also dying at the speed of thought while doing at the speed of thought. Continue Reading....

The journey of – The Fifth Idiot

Husband of our neighbour, a young lady CA age 24 , died within one year of their marriage. He was working with a bank and the  job was demanding. Ranjan Das, 42 years young CEO of SAP India died of cardiac arrest. Sarvshreshth Gupta, an analyst with Goldman Sachs died due to long hours of working and high stress at workplace. He once told his father that his job is too much work and too little time. After months of working close to 100-hour weeks, the young banker fell to his death in his apartment parking lot at the tender age of just 22. Continue reading

Mr. Prime Minister, after DIPAM, next is HRD Ministry

The Finance Minister presented Union Budget 2016 today. Every year we hear finance minister and post that army of experts who analyse the budget. Then everything is back to normal, & we hope well new normal. Continue reading...

Duryodhana’s HR blunder & Google’s HR excellence

Google is the best company to work for. Since 2007, the company is at the top of the chart. The company employs around 57000 people. It is said that company receives 20000 resumes per week. Ethisphere does survey of most ethical companies in the world. Google is very much there in 2015 list of 132 honorees named spanning 21 countries and five continents and representing over 50 industries. The company is 2nd in the list of most admired companies in the world after Apple. The company is the most valued company on the earth @ US $547 billion. Keep reading...