Let’s say the analysts were expecting a company (even of the standing of Colgate or HUL) to declare an EPS of Rs. 20.50 but it ends up earning Rs. 19.0, how does the market react? It panics. To be more precise the media shrill goes up, and the analysts come and give tons of reaction […]

I have been meeting a lot of people..of course. I ask them many things and of them one of the imp questions is “what I wish I had known when I was in my 20s or 30s”…here… I should not quit my current job without having a job in hand I should NOT encash my […]

I have always held a view that there should be no “dividend” plan at all in mutual funds. Remember in a company you get dividends and this is over and above the shares that you hold..so there could be some sense of taking a dividend. However in a mutual fund the Amcs are CHEATING you […]

How do you get on to be on the path to being wealthy? Well, it is not exactly easy, but yes there are some habits which are worth COPYING from the more successful people. Till you are able to do them all, at least fake it. Let me enumerate a few: Exercise: I think physical […]

Piramal Capital & Housing Finance, a subsidiary of Piramal Enterprises Limited, has sanctioned a ~INR 200 crore facility to the Appaswamy Group (Appaswamy) via a structured equity transaction to enable the acquisition of 3.34 acres (~60 grounds) land in Kotturpuram, the heart of Chennai. Amazing how a Mumbai based Nbfc has gone and got business from […]

When I use the word retirement the 23 year old (at whom my book Retire Rich: Invest Rs. 40 a day) is really targeted may or may not pay attention. Which is fair enough because this person’s parent is still in service…so where is the question of this kid thinking/ worrying about retirement? However, this […]