Cash Machine

We have been bullish about the prospects of Noida Toll Bridge Co Ltd (NTBCL) in the past and continue to remain so, thanks to its robust long-term growth prospects and an almost recession-proof business model. NTBCL operates a bridge across the Yamuna which connects Delhi and Noida. Given the explosive growth in population and commercial activity in the National Capital Region (NCR),...

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  • Due Diligence

    More than a week after Bernard Madoff was arrested, Diana Henriques, summing up the findings of 11 stalwarts from the New York Times – the journalistic equivalent of the crew that won cricket’s Prudential World Cup in 1983 – reported that “The case is still viewed more with mystery than clarity… But whatever else Mr. Madoff’s game was, it was certainly this: the first worldwide Ponzi...

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  • “100% Guaranteed Return?”
    A few days ago, an SMS hit my mobile phone. The message read – 1st Time in History of STOCK MARKET 100% WRITTEN CASH BACK Guarantee, Earn Minimum DOUBLE PROFIT in our UNIQUE CASH, FUTURE, NIFTY PLAN. CALL/SMS us on 09724002444. I called the number back and had an illuminating conversation with a customer service representative.

    Me: I have called to inquire about your service.
    ...

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