The BSE Sensex grew more than 4.5% growth during March. However, the assets under equity mutual funds rose by 3.8% when compared with the past month’s figure. The total average AUM of equity mutual funds stood at Rs210,451.8 crore for the month. On adjusting the net flows, the net rise in the assets stood at […]
I do not need to tell you that there is a huge Irda vs. Sebi or a mutual fund vs. unit linked insurance plan debate in the country…do I? LOL. However this has ensured that many journos have called me…for a view. It is nice that they take my view – however I am not […]
Hi, Just got this information from a reliable source to be passed on. …..I hope he has done the necessary research about the credibility… If you have come across any bright students coming from poor financial background who have finished their 10th standard this year and scored more than 80%, please ask them to contact […]
Lalit Modi seems to be having a fantastic ability to surround himself with people who cannot understand him. He was falsely implicated in a drug case, he has had problems with almost every association. His own association threw him out, other associations do not want him… Now he has shifted the IPL out of Bangalore […]
XBRL stands for eXtensible Business Reporting Language. It has become and is fast becoming THE reporting language internationally. It makes sense to all those people who use accounting information. Extensible means the application can be extended adding machine and human readable tags. Applications: a) for financial statements b) for taxes c) accounting and business reporting […]
Sebi has discontinued the EDIFAR system w.e.f April, 1, 2010. In view of this, Stock Exchanges are advised to carry out the consequential amendments in Equity Listing Agreement i.e. removal of words, “and also through the EDIFAR website…..listed companies. Now a new portal viz., Corporate Filing and Dissemination System (CFDS) put in place jointly by […]
Recently a friend of long standing (2nd standard if I am not wrong) commented that my column should be a part of a newspaper and titled ‘Malice towards one and all…” a column which only people born in the 1960s would remember I guess. When ITC (cancer), McDonalds (BP) and Pepsi foods (Diabetes) talk about […]