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There is a flip side to the Basantani story as well. In the credit card business, issuers were forced to find a solution to the problem of wilful defaulters and fraudsters. With the help of MasterCard, they created a defaulters’ list (popularly known as the Satyam List, since it was hosted by that company) to weed out bad borrowers. The regulator reacted much later by encouraging the growth of...

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  • Momentum

    Some of our Momentum stocks have gone up hugely last fortnight with the market rally. We are making seven changes to the list

    Gainers
    The market briefly celebrated two key positive developments; softening crude prices and an end to the political uncertainty with the Congress-led alliance. Stocks in our momentum list did fairly well with an average 4% rise over the fortnight. The market...

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  • Medium Term

    One deletion and five additions mark the medium-term list this time. Most of our A grade stocks have done extremely well due to the market rally

    Gainers
    With clarity on the political front and crude prices softening, our medium-term Stockgrader did very well over the past fortnight. Some of the stocks went up, thanks to great results, while other stocks went up in anticipation of good...

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