Solution To Defunct Demat Shares
In our last issue, NR Desai wrote to us about his 6000 defunct shares of Electrolux lying in IDBI Bank demat account. IDBI charges him Rs100+ per month. The shares cannot be rematerialised. The Bank puts a price of Rs25 per share when the shares are not traded. Desai claims to have paid over Rs3000 to IDBI over the last nearly three years. He wanted to know how to get out of this. In...
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Food luxury

Luxury is not just designer labels. It can also be food. The hippest cuisine the world over right now is Japanese says Hemali Mehta

The term ‘being with it’ does not merely mean wearing designer labels, having the right social contacts or being at the most coveted soirees. Instead, the cuisine you serve at your brunch and sit-down dinner parties, as well as the restaurant you choose to eat...

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Don’t Bank on Them

To grow, banks constantly need capital. That is bad for shareholders. Choose your bank stocks by following these principles

In any rapidly-growing economy, the financial sector leads the way. This seems logical since, to build any business, you first need capital. Also, with    rising disposable incomes, spending by individuals and, therefore financial transactions, increase, thus benefiting...

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