In your interest.
Online Personal Finance Magazine
No beating about the bush.
The rush for currency bourses is taking a ridiculous turn. Three bourses were launched in a month and three more are in the pipeline – the National Multi Commodity Exchange (controlled by Anil Ambani), the Bangalore Stock Exchange and a consortium of banks, led by Federal Bank.
P Ravikumar, former CEO of the National Commodity Derivatives Exchange, now a director at Federal Bank, is...
If you have been wondering how the Sensex pulled back at least 500 points or more (intra-day) on at least two occasions recently, then look no further than Life Insurance Corporation (LIC). The government-controlled insurance behemoth is single-handedly playing the role that Unit Trust of India used to play before its two debacles and the subsequent split.
We learn that LIC has been making...
While past performance is no guarantee of the future, some companies have done exceptionally well amidst all the gloom and doom and deserve to be watched. Take a look at Hero Honda which reported a 50% rise in its net profit for the September quarter. Hero Honda is India’s largest motorcycle maker and has been facing stiff competition from its peers, especially Bajaj Auto, in the premium...