It is now well known that when companies delist from the stock market, it is the investors who are punished and not the management. That is why the regulator has gradually curtailed the power of stock exchanges to delist companies. But the Finance Ministry has now proposed a set of amendments to the Securities Contracts (Regulation) Act (SCRA) that will turn the clock back and hurt...

JM is launching an equity diversified fund for which it has identified almost all stocks as either small-cap or mid-cap!

Risk appetite is back again. After a recent rally that was led mainly by the large-cap companies, several funds are now lauching small- and mid-cap funds. Sometime ago DSP Merrill Lynch launched one. Sundaram Mutual Fund is launching one. The problem is that there is no...