Issue of 19th Apr-25th Apr 2019
LEAD ARTICLE
financial magazines online
Jet Airways Bungling: Employees, Shareholders, Customers & Taxpayers Will Pay the Price
Jet Airways, once India’s biggest airline, has been grounded, leaving the lives of nearly 20,000 employees and lakhs of customers in disarray. Employees haven’t been paid since December-January. Customers find their holidays in chaos; funds blocked in refunds; while they are forced to book again at steep rates, to salvage hotel bookings. All... Read More
STOCKS
Navin fluorine International Limited (NFIL), part of Padmanabh Mafatlal group, has been a huge value creator between 2014 and 2017. But the stock has been stagnating for the past two years. Is it consolidating for another major upward move? NFIL makes refrigerant gasses, inorganic/bulk...
Moneylife Digital Team
MUTUAL FUNDS
Mutual fund expenses have come down after Securities Exchange Board of India (SEBI), in September 2018, revised the total expense limits charged on schemes. Expenses charged on actively managed open-ended equity-oriented schemes, which form the bulk of the MF industry’s revenues, are around...
Clinton Fernandes
In March 2019, Larsen & Toubro and State Bank of India were the most preferred stocks of Indian mutual funds. The net purchases of Larsen & Toubro were Rs1,019 crore, of which Reliance Mutual Fund made net purchases worth Rs356 crore. Bharat Petroleum Corporation and Axis Bank were the most...
Moneylife Digital Team
FIXED INCOME
JM Financial Products Limited (JMFPL), a non-banking finance company (NBFC), plans to raise Rs1,000 crore through the issue of secured non-convertible debentures (NCDs). The forthcoming issue will be the first tranche of a series of borrowings planned by JMFPL.   Subscriptions...
Moneylife Digital Team
SMART MONEY
Our mutual fund (MF) industry is a lazy one. Competition is driven by distributors who force the industry to compare daily returns on long-term products and forget the existence of ‘credit’ risk in debt products. We had faced such issues once during the 2008 crisis, when one fund house had to...
MOBILE APPS
TECHNOLOGY
While Android is the operating system (OS) of choice for a majority of mobile users and manufacturers, unfortunately, very few handsets come with core Android. Almost all mobile-makers modify the Android OS as per their requirement (that is, keep control in their hands and add unnecessary...
HEALTH
In the fight against obesity, researchers have been trying, for decades, to find a way to convince teenagers to skip junk food and eat healthily, with little to no effect. Adolescents are exposed to extensive marketing for junk food -- one of the biggest obstacles that researchers have to...
Akshay Naik
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