Despite economic prosperity and multiplying 24-hour business channels, retail investors are staying out of IPOs, mutual funds and pension funds—gypped by self-serving intermediaries and irritated by cumbersome rules of unaccountable regulators. Sucheta Dalal analyses
Media reports suggest that the government is giving up on the fond hope of raising Rs30,000 crore from the capital...
The new governance code is so impractical that it cannot further the cause of good governance or protect investors
“Birds do not build nests on a tree that does not bear fruits,” quotes corporate affairs minister, Salman Khurshid, from Chanakya’s Arthashastra to express his hope that corporate India will ‘generously adopt’ a brand new ‘voluntary’ code of corporate governance released...
Seven rules to ensure that your broker doesn’t give you a raw deal
In the past fortnight, I received emails from four desperate individuals. Each of their stories had a common theme: that money had simply vanished from their brokerage accounts and they were left with hefty liabilities. Each investor is involved with what seems a futile battle to get the regulator’s attention. Some are...
