Ignition Trouble

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;...

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Card Trick

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...

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Bada Recharge

I am a retail investor and a sub-broker with Kotak Securities; and I have a complaint regarding the passback given to the retail investors in IPOs by way of cash or kind. Very often, many sub-brokers issue newspaper advertisements offering such passbacks to lure investors to invest in IPOs. I can give you the names of some such sub-brokers who issue ads in my city - Jamnagar, Gujarat. They...

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