Sucheta Dalal
4 Problems With Travel Cards

Travel Cards are great if you remember these four negative factors

Sunil Kumar of Jaipur went abroad last year to scout for business. This time, instead of the usual wad of foreign currency or travellers cheques, he decided to get himself a Travel Card, which is touted as safe, convenient and extremely cost effective.

Unfortunately, Kumar discovered that there was a big hidden cost...

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Red-Hot Mid-Caps
Ask any fund manager about the current valuation of the equity market and he would probably sum it up in just one line - the Sensex trades at a PE of 19 times while the Nifty at 18 times earnings. The problem is that this is the average PE and totally useless. It is like putting your head in the oven and feet in the fridge and taking the temperature. How about measuring the...
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A Tale of Two Destinies

Shreedhar Kanetkar on how two legends of US industry got together and what it meant

Once upon a time, there was an investment banker named John. He was young and, unfortunately, not very happy. After years of close association, one of his firm’s most valued clients (we’ll call it Company X) had moved to end the relationship.

John felt the blow keenly, for the relationship had been forged...

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