In your interest.
Online Personal Finance Magazine
No beating about the bush.
CD manufacturer Moser Baer is changing tracks. Avoid the new song
Data storage media manufacturer Moser Baer is changing tracks and the market is expecting a lot from it. Moser is a leading player in removable data storage media and ranks among the top three optical storage media manufacturers. Its products range from floppy disks to compact discs (CDs) and digital versatile discs (DVDs). The...
Mutual fund prospectuses need to be drastically changed. They do not force fund houses to report performance but make them write out high-sounding nonsense such as “Investment Philosophy”. Unable to philosophise much, funds produce some general pap under Investment Philosophy.
As it is, funds are finding it increasingly hard to come up with new ideas. Not only should the investment...
A new system of short-selling is being planned. Unless it is made fool-proof, it may be prone to abuse
The finance ministry and Securities Exchange Board of India (SEBI) are reportedly set to introduce short-selling for mutual funds and banks. Short-selling is selling securities without owning them. To do that, banks and MFs will have to borrow shares from a notified intermediary and deliver...