Issue of 17th May-23rd May 2019
LEAD ARTICLE
financial magazines online
DHFL’s Imminent Default – I: A Rapidly Unravelling Crisis
Dewan Housing Finance Limited (DHFL) is in focus again due to continuous downgrade by rating agencies. The latest is from CARE which downgraded DHFL to BBB- on 14th May and CRISIL which has downgraded the ST rating to A4+ on 11th May. This rating by CRISIL signifies very high credit risk and very high probability of default.    DHFL... Read More
Abhinandan
CROSSHAIRS
On 7th May, Prashant Ruia, director of Essar Steel, moved the bankruptcy court, yet again, in an attempt to derail Arcelor Mittal’s Rs42,000-crore bid for the family’s flagship company. Mr Ruia has attempted to link Arcelor Mittal’s promoter, Lakshmi Niwas Mittal (LNM), to his defaulter...
STOCKS
Grauer & Weil (G&W) has interests in businesses that cater primarily to surface treatment and surface finishing requirements. The company also operates a shopping centre in the suburbs of Mumbai. The company is listed on the Bombay Stock Exchange (BSE) and commands a market-capitalisation of...
Moneylife Digital Team
MUTUAL FUNDS
In April 2019, Larsen & Toubro and Hindustan Petroleum Corporation(HPCL)  were the most preferred stocks of Indian mutual funds. The net purchases of HPCL were Rs434 crore, of which Reliance Mutual Fund made net purchases worth Rs219 crore. Oil & Natural Gas Corporation (ONGC) and Coal India...
Moneylife Digital Team
Passive investing is on the rise in India, as we saw in the previous issue’s article. Faced with constant underperformance to a given benchmark, the strategy of mimicking the same benchmark index or portfolio, rather than attempting to beat it, gained huge popularity in the developed...
Clinton Fernandes
SMART MONEY
Accounting disclosures help shape investment decisions. It is the duty of the regulator to ensure the best possible quality of financial disclosures. Merely increasing the thickness of the annual report does not serve the investor. Are the regulators and trade bodies. like Institute of...
MOBILE APPS
HEALTH
Suffering from obesity or trying to lose weight? It might be time to add avocados to your daily diet. A recent study suggests that meals which include fresh avocado can significantly suppress hunger.   Researchers at the Centre for Nutrition Research at Illinois Institute of...
Akshay Naik
MONEY FACTS
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