In your interest.
Online Personal Finance Magazine
No beating about the bush.
Investors have shown touching faith in buying Tata Capital’s NCDs, given the riskiness of the product
A company with a short history and a none-too-impressive track record in financial services, raised an impressive amount of Rs3,000 crore plus (according to a press report) as ‘secured non-convertible debentures’ (NCDs). These NCDs were more like tradable fixed deposits that are listed. The...
Practise thrift and prudence during boom times
For several businesses and individuals in India, the month of March signifies many things. On the one hand, everyone is scrambling to meet targets and complete financial accounts. On the other hand, people are looking forward to year-end bonuses and rewards. Of course, I suspect this year only the former is happening!
I guess everyone is smart...
A mid-sized steel manufacturer we met recently says that steel companies have been surprised by an exceptionally strong domestic demand. While exports have fallen sharply in the October-December 2008 period, this is no longer a concern for Indian steel companies. Indeed, every major steel manufacturer, with its own sources of raw material, is running at full capacities, almost solely on...