In your interest.
Online Personal Finance Magazine
No beating about the bush.
In 2003, Goldman Sachs made the acronym BRIC famous in a research report. According to Goldman, the emerging economies of Brazil, Russia, India and China (BRIC) would be far more prosperous and powerful in 2050 than they are today. There were different reasons attributed for different countries. One of the key reasons for India's coming prosperity was supposed to be its large population, which...
Within a few months of a new chairman taking charge of the Securities and Exchange Board of India (SEBI), there is an important breakthrough in the messy process of bringing offenders to book in the IPO scam, also called the multiple-application scam. Twelve accused, mainly connected to the Dadia family, have filed consent terms and without admission or denial of guilt paid up the highest...
Investors often look at working capital – the difference between a company’s current assets and its current liabilities – as part of the process of selecting candidates for investment. The arithmetic is easy and it can be illuminating to study trends in a company’s working capital position or to compare its working capital management practices with those of its peers. But such analysis...