Teflon-Coated

Listed TV stocks don’t make money for shareholders but only for their employees. However, their stocks still seem to defy gravity

Their stock prices suggest that television companies are doing very well and their valuations are astronomical (see table). The question is: who are they being run for? To pamper the egos of their principal shareholders, for the minority shareholders or for their...

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  • Fertile Ground?
    The Indian economy grew at a surprisingly high rate of 9.3% in the first quarter, with industry and services spearheading this growth. One sector, that is the core of Indian economy has, however, remained in the background - the agricultural sector. India is a predominantly agrarian economy and agriculture is the largest private sector activity in the country with close to 60% of...
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  • SEBI’s Information System
    If the Securities and Exchange Board of India has to be
    as helpful to investors as it is to companies, investment bankers and mutual funds, it has a lot of work to do.
    It can start by doing something simple: make its website comprehensive, easier to navigate and keep it updated.
    If you are tracking mutual funds, for instance, the SEBI website will challenge your patience. While it...
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