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Fidelity Mutual Fund advertises the fact that it has a very cerebral research-based approach. Its advertisements advise you to stay invested through ups and downs and not time the market. But what is the origin of Fidelity and how straight-laced was it in the initial years? Fidelity’s website...

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“The total addressable market in India has overtaken Australia and South Korea. Apart from Japan and China, it is the fastest growing market in the Asia-Pacific” - Raghu S, National Manager-programmes, Acer in Financial Express “Our global franchise has been seeing a huge amount of investor...

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Ahmedabad is yet to take off in as big a way as Pune or Hyderabad. That’s the opportunity, says Gaver Chatterjee Ask any expert on the five hot cities for investment in the realty sector and Ahmedabad may not quite figure in the list. But no expert will deny that the city holds potential for...

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Meet Shraddha, an NGO that fights autism with creativity and love to empower a set of differently-abled adults says Sucheta Dalal If you have noticed some beautifully finished silk bags with bangles or gajras for handles, stunningly crafted gift boxes, decorative candles or festive leaf pressed...

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Fix what is possible, argues Sucheta Dalal Jeremy Seabrook, a renowned dramatist and author, writing in the Financial Express (Embalming the Fractured Society) says that a recent survey by Agewell Research and Advocacy Centre in New Delhi found that about “one-third of elderly people face...

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Ahmedabad is yet to take off in as big a way as Pune or Hyderabad. That’s the opportunity, says Gaver Chatterjee Ask any expert on the five hot cities for investment in the realty sector and Ahmedabad may not quite figure in the list. But no expert will deny that the city holds potential for...

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It will test your patience. It may even turn you into a wreck, says Girish Borkar The Finance Ministry has made e-filing of returns mandatory for most companies other than those claiming exemption under Section 11. In order to comply with the e-filing provisions, I downloaded three separate...

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Hexaware is another stock that has shown strong recent price strength but is probably running ahead of itself Hexaware is a provider of IT and business process outsourcing services with specialisation in enterprise solutions, application management, e-commerce, and embedded systems, born out of...

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Five years after iPod revolutionised the music distribution business, a fresh set of changes is about to happen Five years ago, the music industry was revolutionised by the mind-boggling popularity of Apple’s iPod. Is the competition now catching up with the iconoclastic company? Will some...

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Foreign firms eye Indian broking business The direct business beneficiaries of the scorching rise in stock prices are brokerage firms. From small fragmented regional ones to large organised corporate entities, most stock brokers are minting money. In fact, the scope and scale of the business...

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Credit card companies have a funny system of overcharging the customers in foreign currency transactions. You catch them and they promptly reverse it. If you don’t, they make crores through this malpractice Last time, I wrote how it is prudent to keep checking your credit card account to...

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Sensex is up 51% since June 14. Among the 49 sectors we track, steel, auto and printing & publishing were the worst performers. What are their prospects? From the panic bottom it hit in mid-June, the market has risen by about 50%. The continuous robust growth of the Indian economy, supported...

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Consumers are “protected” while buying matchboxes but not when they buy a property with their life savings When we buy something, we look at the printed price, whether it is a chewing gum or a matchbox or a school textbook. Law demands the printing of maximum retail price (MRP) on every...

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The title seemed so out of sync with MoneyLIFE’s contents. And then, on page 314, the link was suddenly brought home: “In economic terms, India is now the world centre for cricket”. It seems India now provides 60% of the world’s cricket income of multi-million dollars and that, for being the...

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A s a boy, Stuart Kelly loved books so much that he was willing to work on weekends to pay for them. He would starve himself so he could give his lunch money to the cause. There was just one problem. He found: “From Shakespeare to Sylvia Plath,great writers had written works which I could not...

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Each time the market swoons, the media blames it on them and the regulator wants to “legalise” them. What are hedge funds and how do they function? There is a sense of shock and awe in India about hedge funds. What is it that gives these funds such an aura? Just as the seemingly omnipotent...

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American Girl started as a direct-mail operation in Middleton, Wisconsin in 1986 and now sells more dolls than everyone else except Barbie. It does not merely sell handsome 18-inch high dolls. It offers the “whole world” as the corporation’s literature puts it, of each of its eight fictional...

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Some technical analysts rely on an arcane 13th century arithmetic series, called the Fibonacci sequence. A recent study says that it is false belief Many traders believe that clues to where the market is headed lie in the work of Leonardo of Pisa, a mathematician who lived in the 12th and 13th...

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A skill much in demand and plenty of training courses available, says Gaver Chatterjee Walk into a beauty parlour today and chances are that 50% or more of the clients are involved in getting their hair dressed. One couldn’t have dreamt of it in India a decade ago; even hair bleaching was not...

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Its gravity is weak, its atmosphere thin, its surface sealess, its soil poisonous, its sunlight deadly in its levels of ultraviolet, its climate beyond frigid. It would kill you in an instant.” It, if you haven’t guessed, is Mars. The writer is Oliver Morton, and if you haven’t...

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