Planted Letter

I noticed with amusement the letter in the previous issue of MoneyLIFE. Ms Tuteja (whoever the person really is) makes references to your letters being manufactured. Does she think that letters from Aditya Puri, KV Kamath, Milind Sarwate of Marico were manufactured too? It is so obvious that her letter was motivated. It has nothing specific to say about MoneyLIFE and its various...
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  • Numbered Accounts
    If you are a mutual fund investor, your account may have been frozen from the beginning of January if you have not got a new identity - a separate Mutual Fund Identification Number (MIN). To invest, it is already mandatory to have a Permanent Account Number issued by the Tax Department (never mind that PAN has been easily faked). Banks force every account holder to ensure strict...
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  • Between The Lines Of Demand & Supply

    Capacity increases need not necessarily mean lower profitability or share price

    Indian companies are enjoying pricing power like never before. Across sectors, whether it is cement or steel, producers do not have enough capacities to meet demand. Consequently, they are in a position to increase prices and earn above-average profits. How long will the party continue? Will it end with the...

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