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Economy
RBI Raises Rates by 0.25%
As widely expected, the Reserve Bank of India has raised rates by 0.25% – of both the Repo and Reverse Repo, to 5% and 3.5% respectively. Note however that ...
Commentary
SEBI Gets Mutual Funds To Pull Their Socks Up
SEBI has changed the rules for mutual funds again, in support of the small investors. First, for New Fund Offers (NFOs): They will only be open for 15 days. ...
General
What’s with the DIIs?
From data on the NSE, the last month or so has seen continuous selling in the cash market by Dmestic Istitutional Inestors (DIIs) and continuous buying by the ...
Stocks
Bharti-Zain deal near financial closure
Bharti has issued terms for the the Zain acquisition (read more here). From Mint: India’s Bharti Airtel, in talks to buy the African mobile operations of ...
Foundations
Quant approach can outperform: Montier
Using a quantitative approach to investing (not just trading, investing) can be better than “expert” judgements, says James Montier. This article explains: ...
General
Frank Partnoy on Off-Balance-Sheet Transactions
A video definitely worth watching. Frank Partnoy – who wrote the excellent book “Infectious Greed” which I will review on another day – talks about how ...
General
The Rakesh Jhunjhunwala Household
A story about the (almost) billionaire talks about all of the stuff beyond the trading room. His children, an 18,000 sq. ft. holiday home, how his wife had to ...
Commentary
Links: Lehman, ICICI, Billionaires, IIP and Sugar
WSJ: Lehman Torpedoed Lehman – A bankruptcy court examiner investigates and finds that senior Lehman executives fudged its balance sheet, kept the board ...
Breaking
LIC Wealth Plus Guarantees NAVs, Mis-sold
Read Manish Chauhan’s excellent post on Agents misselling LIC Wealth Plus. The product promises the highest NAV in the next seven years, and some agents are ...
Economy