In your interest.
Online Personal Finance Magazine
No beating about the bush.
On 28th April, Business Standard reported that the finance ministry proposes to scrap Reverse Book Building (RBB), which allows investors to decide the exit price at which companies can delist. The report said that the finance ministry has decided on a formula-based exit price. Yet, the finance ministry is currently seeking public opinion on whether to scrap RBB and introduce a fixed exit...
It is not just cricket. The Indian Premier League (IPL) is a business cutting across various sectors. It extends from the companies that bid for the team or telecast rights (DLF, Reliance, GMR, Deccan Chronicle, India Cement, UB group, Sony Entertainment) to the advertisers, to glamorous new cricket team owners (Shah Rukh Khan, Preity Zinta and Jeh Wadia) to the 24X7 television channels...
This fortnight seemed to be eventful with markets losing over 800 points in the first week and recovering almost 700 points in the next week. In the previous issue, we had identified 82 companies for our momentum list of which 38 companies ended positive even though the Sensex was down by 100 points.
Heading the list of top performers was India Glycols, which was up 21% while Lupin...