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Firstsource Solutions IPO

ICICI OneSource (now Firstsource Solutions) has an IPO between Jan 29 and Feb 2 (2007) with the following details: Price: Rs. 54 to Rs. 64. Shares: 6.93 cr. ...

GBN IPO Analysis

Global Broadcasting Network (GBN) is coming out with a primary issue (IPO): Total money needed: Rs. 105 cr. Price band per share: Rs. 230(LB) to Rs. 250 (UB) ...

Don't believe the headlines

Look at the following two headlines: Infosys Q3 net rises 6% at Rs 983cr Sintex Q3 net up 27% at Rs 25.9cr These are headings from the same web site, and it ...

Mutual Fund Identification Number (MIN) now mandatory

AMFI has notified all mutual fund investors that as per enhanced KYC (Know Your Customer) norms, a new unique identification number will be issued to mutual ...

Is a Rs. 10 mutual fund better than a Rs. 100 fund?

A number of people think that the unit price of a mutual fund matters when they purchase; i.e. that a cheaper unit price is better. Why? They say that they ...

Markets have crashed, where do we go from here?

The Sensex is now under 13,000, with the last three days accounting for a 1000 point drop. This is a 7% drop in three days; and with heavy volumes. Minor ...

Invest in the Reliance Long Term Equity Fund?

Reliance Mutual Fund has opened a new fund offer for a fund called Reliance Long Term Equity Fund Type: Closed ended Equity fund (3 years) after which is ...

Invest in the HSBC Tax Saver NFO?

I don’t recommend the HSBC ELSS offering, called HSBC Tax Saver Equity fund. (See this for some other comments) Here’s what I think. 1) It’s ...

Info Edge (India) IPO : Too Many Questions.

Info Edge India Ltd. has an Initial Public Offer (IPO) going at a price of (between) 290 and 320 Rs. per share. The company is better known for its portals: ...

Bonus shares: A tax saving scheme?

Update 2022: This tax saving scheme is now gone, with the income tax bill saying that shares cannot be used to do bonus stripping. Lots of Indian companies ...