CBI Will Hire You If…

Handicapped by a shortage of officers with specialised technical knowledge to handle complicated cases, the Central Bureau of Investigation (CBI) is resorting to hiring professionals on contract for three years extend-able by another two years. On the hire-list are computer professionals, experts in engineering, insurance, taxation, banking and foreign trade, to help CBI deal with modern-day...

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Lagging Schemes of Leading Funds

Only a few fund houses exhibit superior performance on a continuous basis. Moneylife had identified these in the Cover Story “Best Fund Houses” (25 February 2010). We had found that some fund houses performed consistently well across different strategies and emerged on top even on other parameters like downside risk and size of assets under management (AUM). This time, we tried to identify...

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Falling Short

Nearly 87% of equity schemes fell short of their benchmarks in September, the best month for equities in one year

Last month witnessed spectacular gains in the Indian stock markets as foreign institutional investors (FIIs) loosened their purse strings quite aggressively. Both the benchmark indices, the BSE Sensex and the S&P CNX Nifty, surged 12% due to a spurt in volumes. This was the...

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