Issue of 15th Mar-21st Mar 2019
LEAD ARTICLE
financial magazines online
How RBI Helped the Promoter of a Defaulting Power Company RattanIndia Power and Gave Him an NBFC Licence! – II
In the first part of the article, we discussed how the promoter of a bankrupt company RattanIndia Power managed to get a licence to start a non-banking finance company (NBFC) from the Reserve Bank of India (RBI). The question any reader would ask is: What was RBI doing when the promoters of a bankrupt company, owing thousands of crores of... Read More
Abhinandan
CROSSHAIRS
First the good news. One must congratulate the Mumbai bench of the National Company Law Tribunal’s (NCLT) for restoring our faith in the system. NCLT refused to accept at face value the outrageous proposal by 90% of the committee of creditors (CoC) to accept a one-time settlement (OTS) offer...
STOCKS
This is seventh of the nine-part Top-500 Wealth Creator series published annually by Moneylife. In the previous parts of the study for this year, we explored high performance stocks that generated 10-fold, 20-fold or even higher wealth. In case you missed those,...
Clinton Fernandes
and
Pratibha Kamath
Guidelines  1. The Grader captures the first two of the three intrinsic factors that drive a stock: valuation, returns and growth. Since growth is volatile and difficult to capture through a metric, we have used only the first two factors. In place of growth, we have provided long-term...
Moneylife Digital Team
Capacit’e Infraprojects (CIL) is a specialised construction company. While it constructs residential, commercial and institutional buildings like many other builders, it has specialised in high-rise buildings which gives it a strong edge. It avoids other activities such as land development or...
Moneylife Digital Team
MUTUAL FUNDS
The recent further fund offer (FFO) of Bharat 22-ETF (exchange traded fund), managed by ICICI Prudential Mutual Fund, received bids worth more than 10 times its issue size in its one-day offer period. The FFO saw the ETF break its own first-time launch record of bids worth Rs32,000 crore for...
Clinton Fernandes
LEGAL
When the Union government promulgated The Banning of Unregulated Deposit Schemes Ordinance, 2019 (the Ordinance) a few days ago, the immediate reaction was one of dismay.    There is no denying the fact that unscrupulous people dupe the greedy and gullible by soliciting loans and...
MOBILE APPS
HEALTH
The role of lifestyle changes for primary prevention of heart attack or other cardiovascular diseases cannot be undermined. Small lifestyle changes, over a period, can make a lot of difference and pay rich dividends when it comes to heart health. In line with this hypothesis, people who spend...
Akshay Naik
MONEY FACTS
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