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Month: February 2013

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Network18 Trust Gets Big Loan From Company, Won’t Buy More Shares

Network18 has a press release in response to SEBI’s regulation on Employee Trust activitystating that the Network18 Senior Professional Welfare Trust (which ...

RBI Announces Guidelines For New Banks

It’s finally here. RBI has announced guidelines for new private sector banks. Phew. The first paragraph says why I’m thankful: Over the last two decades, ...

Suckered: Manipulating Expiry Prices, Ruchi Soya Edition

SEBI has just passed an ex-parte interim order (meaning, without hearing the defence of the accused, and potentially more orders to follow) against entities it ...

Nifty P/E At 18.9, EPS Growth Dips to 12%

The Nifty’s reported Price to Earnings Ratio – revealed by the NSE every day – can be compared with the growth in actual underlying Earnings. ...

Citibank Forces Suvidha Accounts To Rs. 100,000 Minimum Balance

Two people in my family received a registered post from Citibank when we weren’t around; and knowing Citibank I was sure something bad was going on, so we ...

India Has Highest P/E Among BRIC + Links

India seems to be the most expensive BRIC country in terms of P/E, going by FT: (HT @deepakmohoni)   This is of course much to do with how the the index ...

9 Point Financial Plan, Indian Edition and Comic Strips

Scott Adams, of Dilbert fame, has a 9 point financial plan for you: Do these steps in the order shown… 1. Make a will 2. Pay off your credit cards 3. Get ...

#Linkfest: Direct Plans Win, Be-Sahara, ESOP Disclosures …

Links for today: Direct plans garner 56% of new inflows in Jan, says ET. Out of 60,000 cr., of fresh investments, nearly 33,000 cr. has come into direct plans. ...
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IIP Falls Marginally in Dec 2012

The Index of Industrial Production (IIP) in December 2012 has fallen 0.55% from Dec 2011. This supposedly indicates lower growth but I find the index so ...

Urban CPI Inflation Above 11% With Both RBI and Government Insensitive

2013 rings in with a Consumer Price inflation of 10.79% and urban inflation above 11%. It’s really time to stem the rot. With the continuous retrograde focus ...