I found the article titled ‘New Rabbit’ in MoneyLIFE very interesting. SEBI now wants to sell IPOs through the auction route, but before worrying about perfect price discovery when companies price their IPOs, SEBI should ensure that the same rules would apply when companies opt for delisting. They should give minority investors an exit at the highest price of the past three years as discovered...

I refer to “Rising market risk”. As you advertise and say, MoneyLIFE helps investors to ‘be ahead of the curve’. You have more often than not predicted right in the past also, and it seems that your worries about market risk are not unwarranted. The Sensex has touched the 20000 mark and when the market begins to defy gravity, you know that everything is not as hunky-dory as it may seem from...

I refer to “Who is influencing your career” (MoneyLIFE, 8 November 2007) by Purvi Sheth. The younger generation today only looks at financial gain while planning their careers. Although money is important, a fat salary should not be the only criterion for choosing to work with a company. In order to do well, the colleagues that one has to interact with at work must also be good. The work...