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General

Insurer Misselling, 30’s feeling, shady MF deals, Yuan unpegged

MoneyLife: Insurer admits mis-selling (Birla Sun Life) After Tara Foods, Fatpipe Networks withdraws its IPO. Krugman: That 30’s feeling. Focus on jobs, not ...
Breaking

IRDA wins the battle to regulate ULIPs

It’s final. The government has decided that the ULIP turf war will be decided in favour of IRDA. The government has brought down curtains on the two-month ...
General

SEBI bans HDFC MF AVP Nilesh Kapadia for Front-Running

In a detailed investigation, SEBI found Nilesh Kapadia, AVP-Equities at HDFC Mutual Fund guilty of front-running trades that the fund was going to take: The ...
Startups, Stocks

TTK Prestige: Pure Speculation?

A couple of readers warned me that all was not well in the rise of TTK Prestige I had earlier mentioned. Look at the deliverable quantity, they said. And here ...
General

Links: Satyajit Das, Dilbert Investing, Asian Bubbles

Satyajit Das: Nowhere to Run, Nowhere to Hide, at Naked Capitalism. The Global Crisis is about to get worse. Das is a great read. Scott Adams, “Betting on ...
Startups, Stocks

TTK Prestige: New 52 Week High, Huge Volume

The recent result announcements were mindblowing. Their Trailing Twelve Month Earnings per Share was Rs. 46, up from about 20 last year. They make pressure ...
High-Price-scaled.jpg
Opinion

On Yahoo: Riding the Equity Wave

My latest at Yahoo is a column on equity investing. Some people are afraid of the stock market – it’s a gambling den, they say. Stocks move for no ...
General

Direct Tax Code Changes – Life Is Better.

The Income tax department has recently announced some proposed changes to the Direct Tax Code, as a discussion paper. I can’t seem to find the actual DTC – ...
General

HSBC Credit Card and Plat5 offer: Beware!

I have been getting calls from HSBC about their “Premier Circle” program where they offer: Free 3 day/2 night stay at certain hotels all over India Two ...
General

Inflation (WPI) at 10.16%

Inflation for May 2008 came to 10.16%. Unfortunately, the March data was revised – from an index value of 250.8 (earlier reported), the value was changed to ...