Credit card rules can be bizarre. Read the fine print on your credit card bill and spend prudently
In June 2007, MoneyLIFE carried a cover story on the complex and indecipherable credit card rules and how consumers are often duped or harassed by them. In fact, nearly 80% of complaints to the Reserve Bank pertain to credit cards. Our report had a simple conclusion: ‘customer beware’. There...
How to use IPO grading as a tool to reduce the risk of betting on a new stock
The concept of mandatory rating of initial public offerings (IPOs) has been implemented after a two-year struggle and strong and continued opposition from market intermediaries. It is now up to genuine investors to take advantage of this globally unique concept by checking gradings, along with other facts, before...
Companies are trying to force investors to accept abridged annual reports
Sometime last year, the Securities and Exchange Board of India (SEBI) had toyed with the idea of amending Clause 32 of the Listing Agreement of stock exchanges to allow companies to send abridged annual reports to their shareholders, with the option of sending detailed reports only on specific investor request. The...
