Companies are trying to force investors to accept abridged annual reports

Sometime last year, the Securities and Exchange Board of India (SEBI) had toyed with the idea of amending Clause 32 of the Listing  Agreement of stock exchanges to allow companies to send abridged annual reports to their shareholders, with the option of sending detailed reports only on specific investor request. The...

Only an unsound bank will offer spectacular rates

Rising interest rates, high inflation and the consequent liquidity squeeze by the Reserve Bank of India (RBI) has finally seen a rapid rise in bank deposit rates. High interest rates are bad for the economy but good news for senior citizens who do not have taxable income and for people in the 40+ age bracket who like bank fixed deposits...

Travel Cards are great if you remember these four negative factors

Sunil Kumar of Jaipur went abroad last year to scout for business. This time, instead of the usual wad of foreign currency or travellers cheques, he decided to get himself a Travel Card, which is touted as safe, convenient and extremely cost effective.

Unfortunately, Kumar discovered that there was a big hidden cost...