World
Internet links biggest fear for Indians on the move: Survey
Not high roaming bills but the lack of internet connectivity is the biggest fear of Indians while travelling, a survey revealed on Wednesday.
 
Nearly 34.5% of people feared the lack of mobile network while travelling while just 6.9% are afraid of high roaming bills, said the survey conducted by web brower Opera and lifespan accommodation company Wudstay.
 
"Internet connectivity is an important pre-requisite for travellers. People prefer being connected to the internet in order to share updates when on the move," said Sunil Kamath, Vice President, South Asia and Southeast Asia, Opera.
 
About 7.8% Indians are concerned about losing their smartphones during the journey.
 
The survey also showed that 32.8% Indians use mobile data for social media posts while 28.4% use their mobile data to find information about the places they are visiting. 
 
Nearly 16.4% people use their mobile data to stay connected with their family and friends, whereas 17.2% of people spend their data using GPS while travelling.
 
The survey also revealed that about 13.8% people are willing to go without food for an entire day for a lag-free internet connection. 
 
Interestingly, 14.7% will give up on showering during their entire vacation to enjoy a great internet connection.
 
While 33.6% of people reported they are willing to sacrifice drinking for an evening to have a good internet connection another 28.4% will not use a restroom for six hours to have a good internet connection. 
 
"Technology drives the experience of the modern traveller. This survey has helped us identify what is essential for our customers," added Prafulla Mathur, Founder and CEO, WudStay.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

 

User

Mad IPO Rush: Should Retail Investors Jump in?
Ever since the FERA (Foreign Exchange Regulation Act) dilution issues of end-1970s, retail investors have believed that applying for initial public offerings (IPOs) of companies is the best way to start equity investment. Strangely enough, 25 years after India scrapped controls where government decided the listing price, investors cannot get over the temptation to plonk money in IPOs. The memory of losses in 1992-93 (IPO mania), 2000-01 (dotcom bubble) and the 2007-08 (big global Bull Run) is quickly forgotten after a string of positive listings. 
 
Last week’s mega listing of Quess Corp, whose Rs 400 crore IPO was oversubscribed 144 times and listed at a 58% premium to offer price, has got people’s eyes gleaming again. The Quess success comes after a spate of positive listings such as those of Mahanagar Gas, Ujjivan, Thyrocare Tech, Dr Lal PathLabs, Alkem Labs, TeamLease Services, etc. Should one explore IPOs again? Which ones should we invest in? These questions are being asked again, and it is time to reiterate Moneylife’s view on IPOs. 
 
We believe that there will always be a few lucky breaks when it comes to IPO investment; but, as an investment product, it is not worth the risk. This is because the promoter and the investment banker fix a price and time to maximise their own gains. This cannot possibly be good for the buyer; moreover, an IPO that leaves money on the table is considered mispriced. IPOs are also prone to hype, manipulation and dubious practices, since there are many gainers from a successful listing. The truth is that smart investors looking for long-term value can succeed only by carefully chosen stocks at a reasonable value and not by chasing IPOs based on pumped-up offer documents and a few successful listings.

User

COMMENTS

Mohan Sivanand

7 months ago

The very fact that you don't see IPOs during bear-market phases only shows that they're biased towards the seller, not the investor. Even so, I did enter one IPO (V-Guard) in my several years of investing , but only because I have happily used V-Guard's good products. But all I got was 123 shares for maybe Rs80 each in 2008, I think. I thought that Rs80 was costly when the price almost halved the next year. I did buy more. As for V-Guard, all those "small" prices are history now, but the point is to avoid IPOs and wait for a bear market to buy shares at a huge discount. Otherwise your money usually does better in a liquid fund or even an FD.

Arun Adalja

7 months ago

sebi s new system of allotment does not give benefit to retail as they do not get any share.it is wastage of time and money.retail investors will leave primery market if sebi does not change system.

sundararaman gopalakrishnan

7 months ago

Well said..the retail investors are taken for a ride by promoters and investment bankers by pricing IPO's very high,keeping them high for a couple of weeks so that they can exit and the retail investor is left in the lurch

Ajay Prakash

7 months ago

If patanjali goes IPO route, then things will turn ugly.. for shit companies like l&t Infotech, IPO is soft exits for promoters #blindmoney

Ajay Prakash

7 months ago

If patanjali goes IPO route, then things will turn ugly.. for shit companies like l&t Infotech, IPO is soft exits for promoters #blindmoney

R Balakrishnan

7 months ago

People are happy to lose money. Even if they win, they get some 11 to 20 shares on allotment. Investors who lose, deserve to. Year after year, we tell them, they think they know better. Good luck to them

REPLY

Meetheen Mundeth

In Reply to R Balakrishnan 7 months ago

I am in Saudi Arabia and happened to see your 1.5 hr video on stock analysis. Really surprised to see the contents therein. Who can give me an advice on my portfolio? I want to make it lean n efficient. Thanks in advance.

pradeep gowda

In Reply to R Balakrishnan 7 months ago

They should read The Intelligent Investor Once.

Hot and Cold Stocks of Mutual Funds in June 2016

Pharma stocks such as Sun Pharmaceuticals and Lupin witnessed strong buying by equity mutual...

Premium Content
Monthly Digital Access

Subscribe

Already A Subscriber?
Login
Yearly Digital+Print Access

Subscribe

Moneylife Magazine Subscriber or MSSN member?
Login

Yearly Subscriber Login

Enter the mail id that you want to use & click on Go. We will send you a link to your email for verficiation

We are listening!

Solve the equation and enter in the Captcha field.
  Loading...
Close

To continue


Please
Sign Up or Sign In
with

Email
Close

To continue


Please
Sign Up or Sign In
with

Email

BUY NOW

The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine and Lion Stockletter)