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General
Homeowners have even the Moral Right to walk away
Roger Lowenstein writes in the New York Times: John Courson, president and C.E.O. of the Mortgage Bankers Association, recently told The Wall Street Journal ...
Stocks
SEBI Standardizes F&O Contract Lot Sizes
SEBI has now specified new lot size standards for all futures/options contracts: Price Band (Rs.) Contract Size Lot Size (No. of units of underlying) Value ...
Stocks
JSW Energy, Godrej Properties, DB Corp: 3 IPOs kick off 2010
What a start to the year for the IPO market. In three days, three IPOs have happened, and here’s where they are: Monday: JSW Energy. (A Power Sector Issue of ...
Economy
Banks Reducing MF Investments
Sangita Mehta at The Economic Times: (HT and Thanks: Ninad Kunder) Data released by RBI shows that banks’ investments in mutual funds have fallen by Rs ...
General
Tax Collections Show Spirit
Income tax collections upto December 2010 make for a buoyant-economy story. Net direct tax collections during first three quarters of the present fiscal (up to ...
General
Stock Lending and Borrowing Scheme (SLBS)
A little known fact in India is that stocks can be borrowed for shorting. The Stock Lending and Borrowing Scheme (SLBS) was started in April, 2008 on the NSE, ...
Commentary
Income Tax Phishing Scam: Don’t Give Details
The Income Tax Department has warned that any mails requesting credit card details are fraudulent. Information has been received from several quarters that ...
General
Cliff Young Beats the Odds at 61 (Off-Topic)
Twenty seven years ago, a 61-year-old Cliff Young showed the world what legends are made of. There’s an 875 km. race in Australia every year, between Sydney ...
Stocks
Reliance (RIL) sells 2675 cr. of Treasury Stock
Reliance Industries today sold 2,675 cr. of its own stock at an average price of 1,035 per share, to fund . LiveMint says the money will most likely go to fund ...
Economy