While on tip-sheets, a reader has sent this interesting case pertaining to the liquor company Khoday India which produces brands such as Peter Scott. The company had a net loss of Rs5.2 crore in FY06 and a net profit of Rs11.5 crore in FY07. In late April, a report by the Atherstone Institute of Research (copy available with us) was reproduced by several web-based investor forums and Internet...
In early June, an investor event conducted by www.myiris.com, held a discussion titled “How Much of the News Can You Trust” which saw a heated debate among participants from CNBC India, NDTV Profit, UTV Business and MoneyLIFE. Although most participants denied there was ‘any’ editorial interference in their work, public perception is that news is, indeed, compromised by management interference...
Index funds are among the best options for investors who do not have the time to research stocks and monitor their own portfolio. But many fund companies do not promote index funds because they do not want the investing public to know the obvious superiority of this product. Index funds simply buy all the stocks represented in a popular index and, therefore, the performance of such a fund...
