The general consensus among big bankers and fund managers is that NTPC is a good buy. I am not here to say whether it is a good buy or not. In fact personally I hold enough NTPC in the family portfolio to be happy about the consensus view. However this article is about NTPC as […]
Thanks to my training back ground and having written the book ‘Retire Rich: Invest Rs. 40 a day’ I have done some workshops on ‘Retirement Planning’ at various locations. There is one question which I HAVE TO ANSWER: ‘How much money as a corpus do I need to retire?’ – and if I say Rs. […]
Surely you must have seen advertisements saying only 1141 tigers are left in the world…well that was in 2009: Only 7 telephone companies left Only 44 asset management companies left Only 19 life insurance companies left Only 44 good/ decent fund managers left Only 68,000 amfi exam passed advisers left Only 300,00,000 life insurance agents […]
This is second in the series of what is an Idr..let us see who are the participants: Main Players: Issuer Company, Overseas Custodian, the domestic depository, and the Registrar and Transfer Agent Issuer company: Foreign Listed Company – i do not know whether there is any quality criteria. The investor gets an exposure to the […]
A few days ago I had done a small note on Ayn Rand. She was a Economic Philosophy writer who found that US A had too much governmental interference. If you are a student of Economics you understand the word ‘rent’ in the correct sense. Rent seekers are those people who have been able to […]
It is that time of the year when everybody is buying gold. Or at least the guys who are selling gold think customers should be buying gold. If you are in a Hindu country – not by constitution but by sheer numbers – you will be pushed into thinking everybody is buying gold. My wife […]
What is an IDR? IDR is Indian Depository Receipts issued by a domestic depository in India and denominated in Rupees. It represents an ownership interest in a fixed number of underlying equity shares of the Issuing company. These shares are called Deposited Shares. Why should a company issue an IDR? A foreign company which cannot […]