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SBI Life: Refuse To Pay Up, Lie, and Drag Aged Widow to Court for 6 Years

SBI Life is at it again. Now, they’re refusing to pay out insurance, and appealing cases against aged women all the way to the Supreme Court! Also see: ...

Market Manipulation Alert: SEBI Will Allow ESOP Trusts To Buy Shares from the Market Again

I’m going out on a limb here and calling the SEBI decision to allow companies’ ESOP Trusts to buy shares from the market again, as a terrible mistake. This ...

SEBI Plugs Loophole for Unnecessarily High IPO Dilution

In SEBI’s latest board meeting, SEBI has diluted the IPO rules for listing, as we had mentioned in our earlier post (SEBI For IPO Reform, Might Remove ...

High Court: SBI Life To Blame for Converting Rs. 50,000 to Rs. 248

In a judgement by judges Sunil Ambwani and D.K. Upadhyaya of the Allahabad High Court, SBI Life Insurance has been reprimanded for ruining the savings of an ...

Scam Alerts: SEBI Dings Hedge Fund, then Whatsapp Tipster and more…

We’re starting the week with a few fraud cases. Factorial Master Fund Gets Dinged for Insider Trading L&T Financials An offshore fund based in the Cayman ...

SEBI For IPO Reform, Might Remove Barriers to Lower IPO Dilution

SEBI will rejig IPO regulations because the current rules are likely to get gamed, said the SEBI Chief UK Sinha. A quick background: Current rules mean that if ...

Interviewed on ET NOW: BEML, Sintex, Astra Microwave

I was featured in ET Now on Wednesday, on a show with Ayesha Faridi and Nikunj Dalmia at 1:20 pm yesterday, talking about a few stocks. I talked about a few ...

Sell in May and Go Away Except When It’s A Darn Good Year Already

The Nifty, Year to Date, till May has had the second best return since 1999, eclipsed only by the stellar return in 2009. Will it sustain? In most earlier ...

J&K Bank Accused of Hiding NPAs

A news article at GreaterKashmir has accused J&K Bank of “Evergreening” NPAs. They have, it seems, not recognized potential defaults even though they ...

Why Did Reliance Buy Network18 When It Already Owned Network18?

The buzz in the media industry is that Reliance Industries (RIL) has decided to buy Network18. What fantastic news, you think, until you understand that ...