In your interest.
Online Personal Finance Magazine
No beating about the bush.
Franklin India High Growth Companies Fund will invest in companies “that have higher growth rates and potential than the average growth rates in the economy”, according to a media report quoting Vivek Kudwa, the president of FT India. Well, that means little because all, but the worst, of the listed companies have grown and will grow at a pace faster than the Indian economy’s. Over the...
Be selective while investing in the autocomp sector. Here is a guide from ML Research Desk
Not long ago, newspapers were full of stories of the rosy scenarios that awaited auto component companies. In 2004, after auto component exports hit $1 billion, India seemed to be the place for global giants in auto and auto components to do business. That year was supposed to be the inflexion point;...
Reserve Bank of India’s (RBI) Deputy Governor, V Leeladhar, made a telling comment at a public meeting recently. He said 80% of customer complaints pertained to credit cards, forcing the regulator to expand the scope of the Banking Ombudsman Scheme to include these complaints. It is important to remember that this statement comes
after the tough 2005 RBI guidelines have eliminated a...