One stock where major speculation is brewing is Chennaibased SSI Ltd. Look at the array of investors who have come together to take a stake in SSI: Morgan Stanley mutual fund (3.96%), Morgan Stanley India Investment Fund (5.94%), MIRAE Asset India Discovery Institutional Equity Investment Trust (1.57%), MIRAE Asset India Solomon Equity Investment Trust No 1 (1.61%), Reliance Tax Saver (ELSS)...

Financial Theory rests on four pillars. The pillars are shaky, says Debashis Basu

When you pass out with a finance degree what are the most important ideas on markets and finance you get indoctrinated on? There are four key interconnected ideas that are supposed to form the theoretical bedrock of investment, portfolio management and financial planning. These are:

Efficient Market...

'Know Your Clients', ask regulators of brokers.Well, investors should know their brokers as well

Guns and Ammunition I know but finance, I am clueless about", wrote Brigadier N Pereira to me after a tough battle to recover money from his so-called stock broker. He won this battle only because he turned lucky and received quick help from the Securities and Exchange Board of India (SEBI) and...