In your interest.
Online Personal Finance Magazine
No beating about the bush.
At least, the Securities & Exchange Board of India has proved what was well known all this while – that Ketan Parekh is active
On 5th June, the Securities and Exchange Board of India (SEBI) banned 26 entities ‘connected’ with Ketan Parekh who had traded in five scrips (Cals Refineries, Confidence Petroleum India, Bang Overseas, Shree Precoated Steels and Temptation Foods). In doing so, the...
TV anchors/owners, investment bankers, fund managers and brokers - everybody is pining for a repeat of 06-07
On Tuesday, 27th May, even as finance minister Pranab Mukherjee was being interviewed by CNBC, the Sensex had lost a couple of hundred points – it ended the day almost 300 points below its previous close. No, Pranabda’ said nothing that caused the Sensex to drop. In fact, he was...
How UTI Scuppered the Senior Citizens Unit Plan
UTI Mutual Fund (UTIMF) caused a lot of anger when it terminated the Senior Citizens Unit Plan (SCUP) in 2008, just 15 years after it was launched. The scheme was sold with the slogan –“Makes your old age worry free, once and for all”, so its unilateral termination caused both shock and anger. But UTIMF, and the Government of India, got away...