Shooting the Foot

India Infoline messes up investors’ complaints and hurts itself more in the process

MoneyLIFE had published an article (issue dated 23rd Nov 2006) on how investors suffered due to the negligence of India Infoline Limited (IIL) during the initial public offering (IPO) of IDFC in July 2005. The issue has just got murkier. IIL now claims that it has over-compensated investors. The issue was...

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  • Band Bajaya
    Cijo Paul, a mutual fund distributor at Ernakulam, urgently needed to issue a cheque. He is the kind of person who moves all surpluses in his savings account into fixed deposits that earn higher returns. So, he needed to deposit cash in his account before issuing a sudden cheque.

    Like most city-based people, Paul had accounts with two private
    banks, which allow anywhere banking or...

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  • Benefits of Folic Acid

    The benefits are more widespread reports Tanushree Kar, quoting recent studies

    Supplementing the diet with folic acid can cut a person’s risk of suffering a stroke by almost 20%; this is what a fresh look at cumulative published research suggests. Although doctors and health authorities have always recommended folic acid supplements and advocated fortifying routine foods with this...

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