Horn Not OK Please

The second MoneyLIFE workshop in Mumbai (5 April 2008) on ‘Making a Will’ and ‘Reverse Mortgage’ was, indeed, enlightening and engrossing for the full-house audience. Thank you, MoneyLIFE. There was another item, unrelated to the event, but inserted in the handout folder. It was a sticker for the No Honking campaign by the Mumbai Police. Since MoneyLIFE’s readership comprises a wide section of...

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UTI MF Skips Dividend

I am sorry to report that UTI Mutual Fund has failed to declare dividend for its Master Plus and Software Funds after December 2006 and Master Value Fund after March 2006. Can you please take up the matter with UTI on behalf of the general public? I await your kind and positive feedback.
HM Nagdev, 104/114 P D’Mello Road, Mumbai 400 009

We wrote to UTI MF for its feedback and received this...

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No Shares for Four Years!

I remember the work done by Sucheta Dalal in 1992 regarding the Harshad Mehta scam and thought I should draw your attention to the ONGC case. In 2004, Department of Disinvestment came out with a public issue of ONGC shares held by the Government of India. MCS were the registrars. There was a mess up in the issue and there was a huge problem about wrong allotment of shares.  My son Kunal Kapil...

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