After RPL, Wockhardt and EMAAR MGF, investors will be more than cautious before taking a plunge into the primary market, at least in the near future. Everyone thought they will be making huge money in RPL but the way it traded on the opening day was shocking. When a construction legend like EMAAR MGF had to back out from their money-raising mission, despite investing huge amount in marketing...
I am seeking your help as a subscriber to MoneyLIFE. I have received a letter from UTI MF titled ‘Alternate Product offered in lieu of UTI SCUP’, their option form, my account-statement-cum-redemption form, and application form from New India Assurance Co Ltd. These have been delivered well after the last date for exercising the option. I have not sent them the option form. I have also not...
I am a regular reader of your magazine right from the first issue; I buy it at full price on the stands (due to my laziness, I have not subscribed as yet)! You had written about English Indian Clays (EICL), a Thapar group company in your Street Beat section some months ago. Based on that, I bought 60 shares of that company at Rs2,000 (of course, it is my responsibility if I take anyone’s...
