A New Fabric
The entire market is less enthusiastic about textile companies and with good reason. The rupee had been strong and exports have suffered. Indian textiles are not very competitive in global terms while the local market is well-supplied. Although Alok Industries has reported good operating results for the March quarter, the stock has not moved much. Total sales for the quarter...
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  • Do It Yourself Investing

    As far as we know, MoneyLIFE was the first magazine to have introduced what is called ‘stock screens’ and published the details of the different methodologies to pick stocks. We don’t randomly choose ‘Pick of the Fortnight’. This approach has now been copied by other publications. Naturally, we are keen to find out about the quality of a book that offers stock screens as the main method to buy...

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  • Bringing Water to Parched Lands
    The reality of ‘world water scarcity’ is often lost on people living in cities, but the water dispersal gap between urban and rural India is another area of inequality that is impeding rural progress. Watershed Organisation Trust (WOTR) was founded by two far-sighted individuals - Father Bacher and Crispino Lobo (managing trustee) - who pioneered a watershed development project...
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