Speech by Mr. Damodaran, Chairman, SEBI
M Damodaran, Chairman of SEBI, launched MoneyLIFE on Februaury 25th at The Hilton, Mumbai. We bring you the excerpts from his speech made during the occasion.
“What gives me a lot of happiness is when magazines of these kind provide free, frank and fair advice, somehow SEBI's tasks get performed outside of SEBI. We are here to ensure that investors are protected and we believe...
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  • Ulips And Foreign Banks
    Iam a client of a foreign bank at Bangalore and would like to highlight the business model they follow. A lot of their revenues mainly come from commissions and the distribution revenues of third party products, mainly investment-related products such as insurance, mutual funds, equity, bonds, fixed maturity plans etc. Insurance products generally fetch around 50% of the first year’s...
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  • Turbulence Over?

    Is Jet Airways out of its bad patch?

    Jet Airways is probably the best Indian airline with a clear market leadership, especially among corporate customers, the highest-paying category of air travellers. But business is tough. On the one hand, there is rising competition from low-cost carriers (LCCs) and, on the other, higher cost of aviation turbine fuel, employee costs and general...

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