What will you say to a first standard kid who says – “I can’t do my homework myself. Mummy! Can you do it for me?”. I think the answer most likely will be “Who is going to sit for you on the exam day?”. Does not the same logic apply for us (adults) who are… Read More »
This system of pure auction will be more beneficial to investors and at the same time provide better clarity on the actual demand for an issue. In regular book-built issue the institutions always bought more shares as in the case of over-subscription of issue the company would allot the shares on a prorate basis. Consequently… Read More »
Those who have been in the working life for quite some time keep a track of the latest gadget or trek trip. Who can do without a new car or an i-phone? Shopping at malls on weekends and boozing at pubs during weekdays is a regular life now. After all one should enjoy life! The… Read More »
Many a time the salaried person thinks that the CTC (Cost-to-Company) mentioned in the appointment letter divided by 12 will provide him the monthly income. Unfortunately it is not so. There are so many deductions like taxes, EPF, company sponsored food, ESI, Gratuity contribution, medical claim component, LTA, etc which are deducted or can only… Read More »
SBI Card is a joint venture between State Bank of India and GE Capital and currently it has a card base of 30L.
Having a budget does not mean that one has to be an Uncle Scrooge (as in Walt Disney). A budget is meant for maintaining ones’ comfortable life style and also achieves dreams and goals with less financial stress. A good budget will plan for any contingencies and also positive events. It will also have provisions… Read More »
Here is a chance to relook at your portfolio when the spirits are high. While you need a plan to build a house, to build a life, it is even more important to have a financial plan or goal. Having patience and discipline with long term investment horizon would definitively aid you to meet your… Read More »
On most cases of banks declaring bankruptcy, there is an inordinate delay on the part of the Reserve Bank of India (RBI) and the DICGC in settling the deposit insurance for depositors. The reasons cited include the progress in the process of liquidation and attempts to revive the banks.
Legal insider trading in a company means trading on a company’s stock or other securities by employees of the company and done based only on public information related to the company. In other words, insider trading is legal only up to the point when trading is done without taking advantage of the non-public information to… Read More »
The reason investors choose FMPs is for their high returns which are also guaranteed. In order to give assured returns, FMPs opt for very secure investment options like AAA rated corporate bonds whose maturity tenure matches the maturity tenure of FMP. However in the recent times, some of these FMPs started investing in commercial paper… Read More »