In your interest.
Online Personal Finance Magazine
No beating about the bush.
Tata Motors and Jagatjit Industries have introduced non-voting shares. Stay away from them
Tata Motors has announced a class of shares with ‘differential voting rights’ (DVRs). According to a report, 10 DVR shares equal one vote. In other words, if you have nine shares, you have no votes. Jagatjit Industries made a preferential issue of equity shares to a promoter company. Each share carried...
Borrowing is easy these days. But don’t end up borrowing stupidly. Here is a list of do’s and don’ts
I have grown up with the belief that borrowing is bad. The first major loan I took was for a house. What really scared me about it was the tenure. It was for 15 long years. Worries about being able to repay on time, the possibility of not earning enough over the loan period, etc. were alive in...
To focus on the short-term record of IPO gradings is the wrong way to use them. Here is the right perspective
Alot has been said about grading initial public offerings (IPOs). MoneyLIFE had even organised a seminar on this topic. Recently, a newspaper put out a list of IPOs with their grading and their post-listing performance. It shows an inverse correlation – the lower the IPO grade, the...