Issue of 19th Jul-25th Jul 2019
LEAD ARTICLE
financial magazines online
Audit Farce – I: How Companies Can Cook Their Books
Auditors are suddenly in the news. They are either being investigated or, scared of such actions, they are jumping the ship even from well-known companies. In reality, what is an audit? An auditor goes through the books and other supporting records I present to him about a narrative of all financial transactions during the period. So, his... Read More
CROSSHAIRS
On 11th July, Mauritius-based AIDQUA Holdings, which has a 27.89% stake in New Tirupur Area Development Corporation (NTADCL), filed an intervention petition before the National Company Law Appellate Tribunal (NCLAT).    The failed Infrastructure Leasing & Financial Services (IL&FS)...
STOCKS
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
Caplin Point Laboratories (Caplin) is a mid-sized pharmaceuticals company focused on generic formulations. It caters exclusively to the foreign markets and has a significant presence in Latin American countries. Promoted by CC Paarthipan, chairman, Caplin was established in 1990 and got...
Moneylife Digital Team
MUTUAL FUNDS
Most actively-managed equity schemes have underperformed their respective benchmarks in the past three years. The same actively-managed equity schemes had risen to fame due to stellar outperformance in the past. Does that mean you should exit actively-managed equity schemes now? Let’s take a...
Clinton Fernandes
FIXED INCOME
Shriram Transport Finance Company (STFC) plans to raise Rs10,000 crore through the issue of secured, redeemable non-convertible debentures (NCDs). Subscription to the issue commenced on 17 July 2019 and will end on 16 August 2019, or earlier, at the company’s discretion. The NCDs are offering...
Moneylife Digital Team
MOBILE APPS
HEALTH
When it comes to healthcare, it turns out that new does not necessarily mean better. According to the findings of a research, published in scientific journal The BMJ, more than half of the new drugs entering the German healthcare system have not shown any new benefit.    Dr Beate...
Akshay Naik
MONEY FACTS
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