thanks for the encouraging words. I do hope you will keep visiting us. By the way, I think we may have some common interest as I visited your blog also. Kindly visit my website customermath.com and you may find some interesting material to read and even for your blog.

You will shortly start seeing some posts on customer satisfaction and retention space.

thanks

avinash

I am a small entrepreneur and I don’t want to work for anybody. Then why would Malvinder Singh want to work for somebody especially when you are wealthy (Rs. 10,000 crores received on sale of Ranbaxy shares)as well as when you have couple of successful ventures already established like Fortis, Religare and SRL.

Guess what? It seems I was right. Today I read in the papers that Malvinder Singh has negotiated a Rs. 25 crore annual compensation package for himself. Now lets wait and see when he quits Ranbaxy and the amount of his severance package.

By the way, Malvinder has claimed that he did the deal because it was in the best interest of shareholders. Her’s how he calculates shareholders interest. He sells his shares at Rs. 740 a share while the shareholders will get on an average around Rs. 540/share.

I repeat that I do not question malvinder’s right to sell his shares at the best price but he should not go about town claiming that he did everything for the interest of the company and the shareholders. At least, I would not hold it against him if he was honest enough to say that he went through the deal because it was in his family’s best interest.

If any of you think different, do let me know.

Avinash Narula