NPS was launched in the year 2004 by the Indian government as a defined contribution pension system. This was the time that the government realised the folly of the indexed pension that it All employees who joined the Indian government service from 2004 come under this scheme. The previous defined benefit pension system for government […]
Over the last many years after interacting with people I still cannot understand human behaviour. I can only say that I tried doing something! Over the past 3 days we did an event called the “India investment show”. Fund managers, analysts, company managements, come and make presentations – and the common man can walk in […]
When 3 of my clients came to see me for a portfolio review, I realized what a difficult job I had on my hands. Dilip, Devrajan and Kavya – 3 clients who had such different but risky portfolios that my work was cut out. Dilip had a portfolio of Rs. 6 crores (market value, had […]
An investment show is being held in Mumbai, Worli. Here are the details: Name of the show: India Investment Show To be held on: June 6-7, 2009 at Nehru Centre, Mumbai. Entry fee: NIL Like every year, we are putting together an exciting show for you. Register by visiting http://equityshow.myiris.com. The show kicks off on […]
“With XBRL you cant hide”, – S.Swaminathan of Iris always said that…Here is what he says: The myiris.com study has thrown up some startling findings. The study has shown that more than 200 listed Indian companies have discrepancies in their annual audited financial results. The discrepancies are such that the numbers simply do not add […]
The reason it will take years for the market to reach equilibrium – where buyers and sellers can easily meet – is that the market for newer homes has more sellers than buyers! Who is selling? The first is those who bought in the past few years and owe more on their house than what […]
As some of us have been saying, we’re witnessing the unwinding of one of the greatest financial bubbles of all time. Not just in India – much more so in the USA. Yet home prices will not simply go to zero like some shares did.(Remember Mazda, Silverline, Shaan, Indiana Dairy?) However DLF shares fell from […]