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Opinion

Bad ICICI Lombard Experience

I want to mention on this blog about a bad ICICI Lombard health insurance experience. Our company has a group policy that covers health of all individuals, and ...
Opinion

FIIs are not the source of all problems

A recent economic times article berates “the games FIIs play” as a reason for the massive volatility in today’s markets. Here’s my take ...
Foundations

Big dips: How to choose stocks in a downturn

The Nifty’s fallen 15% since its highs, and even then I had said that it was not undervalued. I seem to put my foot in my mouth when I comment but I ...
Stocks

Mindtree has listed, and cost of IPO funding

Mindtree solutions has listed today on the NSE. (See my IPO analysis). It turns out that the issue was phenomenally oversubscribed (100 times) and the ...
Opinion

ESOP FBT: An Open Letter to the FM

Dear Mr. Chidambaram, I must request you, sir, to relook at your proposal for Fringe Benefit Tax (FBT) on Employee Stock Options (ESOPs). I have watched you ...
Economy

Budget Impact: Tech

Tech companies will be affected by the Budget, but how? Neutral: MAT applies Minimum alternate tax of 11.33% will now be applicable to all tech companies. That ...
Breaking

MIN is no longer required

In a statement today, AMFI has withdrawn the requirement of a Mutual Fund Identification Number (MIN) for investment in mutual funds. (Read my earlier article ...
Economy

Personal Impact: Budget 2007

Neutral: Lower income taxes, increased cess An increase in education cess from 2% to 3% will take income taxes up, but the FM has provided an increase in slab ...
Economy

Corporate India impact: Budget 2007

Corporate India gets affected in different ways in Budget 2007. Minor Negative: Hike in Cess Education cess is up to 3% from 2%. While this sounds like a 1% ...
Economy

Absent in Budget 2007

One of the biggest positives in Budget 2007 was the lack of negative news that was expected, and did not happen. No “EET” regime I had earlier ...