Overvalued

This is not a great time for software companies. The rupee has strengthened; employee costs are soaring and the US is heading for a difficult period. It is at a
time like this that Persistent Systems, a well-run software company based in Pune, is coming out with a public issue. Promoters: The main strength of Persistent is its promoters. Among the lead promoters of the company are Dr...

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To be a cartoonist, you need a sense of humour, the talent to draw and a sound education
ML: You were born in Mysore?
RKL: Yes, I was born in Mysore. Ours was a big family and I was the youngest of five brothers and two sisters and they were all very talented. My father was the head master of a high school. In those days, that made him a very powerful and influential man; he was very stern about discipline and I was quite scared of him. I really loved my mother. She...
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Ulips Make Your Wealth Wilt
I have been a regular reader of your magazine MoneyLIFE and have been impressed by the number of issues you have taken up on behalf of us small investors. I have been educating myself on financial matters and make informed choices on all my investments. Some three years ago, my husband and I invested in one ULIP policy and one unit-linked pension plan from ICICI Prudential. We have...
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