Issue of 21st Jun-27th Jun 2019
LEAD ARTICLE
financial magazines online
Jet Airways and Sensible Banking: Will Public Sector Bankers Ever Pass the Test?
One sentence, in an article published in LiveMint, indicates why there are no suitors for Jet Airways, leading to bankers, mainly unaccountable public sector banks (PSBs), finally, opting for bankruptcy proceedings on 17th June. It says, “A senior banker involved in the discussions said one or two parties have indicated their interest in Jet... Read More
STOCKS
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...
Moneylife Digital Team
The stock of Bharat Electronics Limited (BEL), a defence public sector undertaking (DPSU), returned 4.60x (excluding dividends) to investors from March 2014 to December 2017. Since then, it has fallen by about 41%. Is it worth looking at it from a long-term perspective? BEL, established in...
Moneylife Digital Team
MUTUAL FUNDS
In May 2019, Bharti Airtel and Vodafone Idea were the most preferred stocks of Indian mutual funds. The net purchases of Bharti Airtel was Rs1,681 crore, of which ICICI Prudential Mutual Fund made net purchases worth Rs545 crore. State Bank of India and ICICI Lombard General Insurance Company...
Moneylife Digital Team
Quantum Mutual Fund has announced the launch of a new open-ended equity scheme focused on stocks which meet the ESG (environmental, social and governance) criteria. The new fund offer (NFO) opened today, on 21 June 2019, and will close on 5 July 2019. Subscriptions will continue after the NFO...
Clinton Fernandes
Aditya Birla Sun Life Mutual Fund has announced the launch of a new open-ended equity scheme focused on the pharmaceuticals and healthcare services sector. This will be the ninth open-ended pharma- and healthcare-focused scheme in the mutual fund (MF) industry. The new fund offer (NFO) period...
Clinton Fernandes
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