Issue of 18th Jan-24th Jan 2019
LEAD ARTICLE
financial magazines online
Sun Whistleblower Complaint to SEBl – 2: Huge Transactions between Aditya Medisales and Private Companies of Sun’s Promoters
In just over three years, between 2014 and 2017, Aditya Medisales Limited (AML) has had over Rs5,800 crore of transactions with Suraksha Realty, controlled by Sun Pharma’s co-promoter, Sudhir Valia, alleges the new 172-page complaint (with documents) sent by the whistleblower on Sun Pharma to the market regulator, Securities and Exchange... Read More
CROSSHAIRS
In what seems like an exercise in confusing and confounding issues, we have a series of developments on Essar group’s attempt to retain Essar Steel with its fantastic, last minute offer to pay back its entire debt, including money owed to unsecured creditors.    The activity began to...
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 long-term...
Moneylife Digital Team
The Securities and Exchange Board of India (SEBI) has received a new complaint, a few weeks ago, against Sun Pharma. This too has been filed by the same whistleblower who had filed a complaint in September last year, which was first reported by Moneylife.   Access to Sun Pharma...
MUTUAL FUNDS
In December 2018, Axis Bank and ICICI Bank were the most preferred stocks of Indian mutual funds. The net purchases of Axis Bank were Rs1,067 crore, of which ICICI Prudential Mutual Fund made net purchases worth Rs152 crore. Housing Development Finance Corporation and Maruti Suzuki India were...
Moneylife Digital Team
January is the start of a new calendar year; but for many people, it is also the start of the search for a tax-saving product for the current financial year. Saving taxes is equal to earning extra income. Several tax-saving products, ranging from traditional insurance policies to...
Clinton Fernandes
SMART MONEY
Two weeks ago, I shared some general thoughts on multi-baggers, how hard it is to identify them, and promised to share my thoughts on what are some of the characteristics of multi-baggers—of course, with the benefit of hindsight. Here are some pointers that may help.    A ‘new’ idea...
TECHNOLOGY
A few days ago, there was a news report on how mobile operators are selling location data of their subscribers, which is available on dark net (an underground marketplace).    Using this, the reporter from Motherboard was able to successfully track location of a mobile device without...
MOBILE APPS
HEALTH
Deficiency of vitamin-D is common in older people and may lead to increased bone resorption, bone loss and impairment of muscle function. Older people are, often, encouraged to take supplements of vitamin-D to keep their bones, teeth and muscles healthy. However, contrary to this popular...
Akshay Naik
BOOK REVIEWS
Bad Blood is a story that has been be told, thanks to the courage, persistence and methods of John Carreyrou, a twice Pulitzer Prize-winning journalist of The Wall Street Journal.    It took him over three years of intense follow-up, standing up to the pressures from law firms,...
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