In your interest.
Online Personal Finance Magazine
No beating about the bush.
Ranbaxy promoters are getting away with a much better deal. It is time SEBI closed this loophole in open offers
The recent corporate action in Ranbaxy is interesting from a minority shareholder point of view. The promoter is selling his entire shareholding to the acquirer at a price that is substantially higher than the ruling market price. The promoter-shareholder will also have some other...
Tata Motors and Jagatjit Industries have introduced non-voting shares. Stay away from them
Tata Motors has announced a class of shares with ‘differential voting rights’ (DVRs). According to a report, 10 DVR shares equal one vote. In other words, if you have nine shares, you have no votes. Jagatjit Industries made a preferential issue of equity shares to a promoter company. Each share carried...
Borrowing is easy these days. But don’t end up borrowing stupidly. Here is a list of do’s and don’ts
I have grown up with the belief that borrowing is bad. The first major loan I took was for a house. What really scared me about it was the tenure. It was for 15 long years. Worries about being able to repay on time, the possibility of not earning enough over the loan period, etc. were alive in...