Issue of 3rd Aug-9th Aug 2018
LEAD ARTICLE
Are Equity ULIPs Better than Equity Schemes of Mutual Funds?
On 1 February 2018, i.e., the day of the Union Budget 2018, finance minister Arun Jaitley announced capital gains tax @10% on long-term capital gains (LTCG) of equity and equity-oriented mutual fund (MF) schemes, starting this financial year. This announcement caused a lot of stir in the equity market. The broad-market indices—the S&P BSE... Read More
Moneylife Digital Team
DIFFERENT STROKES
At the beginning of 2018, all 17 offices of the insurance ombudsman were headless; even today, nine posts remain vacant. The Securities Appellate Tribunal (SAT) has over 400 cases pending because the government has not bothered to make appointments; left with only one out of three members and...
MARKETS
The market has powered its way to all-time highs and shows no sign of stopping. A second rate hike from the Reserve Bank of India (RBI) could dampen the bulls spirit only for a day. The market bounced back forcefully the very next day. The bulls simply couldn’t care less about oil price,...
STOCKS
Firstsource Solutions Ltd (FSL) is the fourth largest listed business process outsourcing (BPO) player in India with a market-capitalisation of almost Rs5000 crore. The company was incorporated as ICICI infotech Upstream Ltd on 6 December 2001 and got its present name on 21 November 2006. It...
Moneylife Digital Team
GMM Pfaudler was incorporated in 1962 as Gujarat Machinery Manufacturers Private Limited (GMML). Pfaudler Inc of United States (Pfaudler) acquired 40% stake in GMML in 1987 and, in 1999, increased the stake to 51%. GMML then changed its name to GMM Pfaudler Limited (GMMP). Pfaudler is the...
Moneylife Digital Team
Gujarat State Petronet Limited (GSPL) is part of Gujarat State Petroleum Corporation (GSPC). GSPC holds 37.65% in GSPL which is into building the infrastructure required for transmission of natural gas and allows other companies to use this infrastructure on an open access basis. GSPL’s...
Moneylife Digital Team
Havells India (Havells) is well-known for manufacturing a range of electrical and electronic equipment, viz., cables, electronic consumer durables (ECD), switchgears, lighting & fixtures and has recently acquired Lloyd, a well-known air-conditioner brand. For the quarter ending June 2018,...
Moneylife Digital Team
LEGAL
A few days back, in an informal group discussion on issues affecting consumers, the general refrain was that insurance companies, life and general, are eager to sell insurance but deny claims, on flimsy grounds. Policyholders are, thus, forced to approach consumer courts for...
INSURANCE
Sunita, 35, is an accounting professional. Having become self-employed a year ago, she applied for a comprehensive health cover for herself. To her dismay, the insurer rejected her application.   At the time of application, insurers ask an applicant to fill a proposal form. The form...
S Narayanan
TECHNOLOGY
Sid, 32, is a digital-marketing geek who writes a weekly blog explaining how to create a successful website, promote content and generate income from it. His blog is perused by thousands of readers working in the digital-marketing space and also by new bloggers, website owners and potential...
Clinton Fernandes
HEALTH
A recent clinical trial (Diabetes Remission Clinical Trial - DiRECT), discovered that nearly half of the participants with type-2 diabetes, who followed a weight-loss programme, experienced the remission of their condition within six years of their diagnosis. Now, a study published on 2nd...
Akshay Naik
MONEY FACTS
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