Issue of 17th Jul-23rd Jul 2020
LEAD ARTICLE
Online Moneylife Magazine
Fixed Deposits: Government-owned Finance Companies of Kerala and Tamil Nadu Are Offering Attractive Rates; Are There Hidden Risks?
As interest rates on bank fixed deposits (FDs) go below 6%, those looking to earn high returns are moving to non-traditional avenues such as company deposits. Some companies are allowed to raise capital through borrowing directly from retail investors. We will discuss the FDs offered by three firms, namely, Tamil Nadu Power Finance and... Read More
Clinton Fernandes and
Maya M
CROSSHAIRS
19th July marks the 51st anniversary of bank nationalisation. For decades there were mixed views on whether this was a smart move that led to explosive growth or a bad one, which only laid the ground for the loot of public funds through the neta-banker-businessmen nexus.    This year...
MARKETS
The stock markets have just made a new ‘post-COVID era’ high, closing on the index level of 6th March, which was the start of the quick and vicious market decline, till 23rd March. But, even after four months, and a stunning 42% rise over from the low of 23rd March, no one really has a clue...
STOCKS
DHP India Ltd (DHP) is micro-cap company with a steady and profitable business. It makes pressure regulators for propane, butane and liquefied petroleum gas (LPG), hose assemblies and brass fittings, in its factory located at Howrah (West Bengal) with an installed capacity of 1.5 million...
Moneylife Digital Team
Guidelines    1. The Grader captures the first two of the three intrinsic factors that drive a stock: valuation, returns and growth. Since growth is volatile and difficult to capture through a metric, we have used only the first two factors. In place of growth, we have provided...
Moneylife Digital Team
The Indian pharmaceuticals industry supplies 20% of the global demand for generic medicines by way of volume and more than 60% of the global demand for vaccines and anti-retroviral (ARV) drugs. India’s pharmaceuticals industry is now the world’s third largest in volume terms and 13th largest...
Moneylife Digital Team
SMART MONEY
Banks accept deposits. It is depositors’ money that is being lent. But, well, the depositor puts money in a bank in good faith. If banks lose a lot of money, capital adequacy requirements are violated. If it is a private bank, it can be rescued through a change of ownership. If it’s a public...
MUTUAL FUNDS
In June 2020, Kotak Mahindra Bank and Bharti Airtel  were the most preferred stocks of Indian mutual funds. The net purchases of Kotak Mahindra Bank were Rs1,871 crore. Housing Development Finance Corporation  and Larsen & Toubro were the most sold stocks. The net sales of Housing Development...
Moneylife Digital Team
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