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Online Personal Finance Magazine
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Cranes Software started business in 1991 as a distributor of anti-virus software and became the sole distributor of MATLAB (a technical computing software that has a base of 500,000 technical users worldwide) in 1993. Cranes started its training business in 1997 to address the need for post-professional technical training in areas such as real-time embedded systems and mathematical modelling....
When Pavan Vijay of Corporate Professionals (India) Pvt Ltd told us that he would make statutory filings and compliance a breeze for the corporate sector, we were sceptical. There are too many electronic systems that have underperformed their hype. But takeovercode.com may well become the answer to the prayers of harried professionals – chartered accountants, company secretaries and management...
“There was only one place to make money in the mutual fund business, as there is only one place for a temperate man to be in a saloon: behind the bar and not in front of it.” – Paul Samuelson, Economist
In the US, a typical mutual fund churns over its entire portfolio at least once every year and owns 160 stocks. In India, the size of an average portfolio is smaller but churning is more...