Capitalmind
Capitalmind

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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 ...

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 ...

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 ...

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 – ...

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 ...

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 ...

Global – Double Dip Recessions, HFT, Vuvuzelas

Today’s depressing news: Hussman funds making the case for a double dip recession in the US. Big Picture has four different takes on a double dip. Neal ...

Buy or Rent, BP, US Mortages, Debt-funds

Links for today: Hilarious take on the buy versus rent issue. (via @justmohit) The Social Media outrage and how it impacts BP. MediaNama: TRAI proposes do-call ...

Repo is Back. Will Banks Hike FD rates?

The 3G Auctions and an advance tax date (Jun 15) have produced an interesting twist: Banks are scrambling around for money. After nearly two years, the RBI ...

India Infoline Recommends A Buy and Sell, on the Same Stock

India Infoline publishes two very interesting reports, dated May 31. And: The first one is only for their “private client group” and the second one, a free ...