Issue of 29th Jun-5th Jul 2018
LEAD ARTICLE
financial magazines online
The Paradox of Poor Profit Growth and Rising Stock Prices
It is well-known that net profits drive stock prices. The higher their growth, the higher is the expectation of growth and the higher is the stock price. Of course, the correlation works best in a bull market. In a sluggish or a bear market, stocks may not respond to higher profits, thanks to bearish sentiment. There are opposite situations... Read More
Moneylife Digital Team
CROSSHAIRS
The government’s handling of bad loans and bank frauds is likely to be a powerful campaign tool in the 2019 election and this alone should ensure that it is handled well.    The government has done well in putting in place a strong Insolvency and Bankruptcy Code (IBC) that has already...
STOCKS
After hearing investment gurus and looking at great long-term value creation by businesses, many retail investors are in search of ‘megatrends’, a hit-or-miss strategy, which we have analysed here. One such megatrend is ‘data-play’. It is being said that Indians are consuming massive amounts...
Moneylife Digital Team
Capacit’e Infraprojects Limited (CIL) was incorporated in 2012 and the company has been growing rapidly ever since. CIL is an EPC (engineering, procurement and construction) company which provides end-to-end construction services to major real estate developers in India. CIL has expertise in...
Moneylife Digital Team
The stock of Multibase India, a 75% indirect subsidiary of Dow Corning Corporation, galloped at a CAGR (compounded annual growth rate) of about 56% from FY08-09 to FY17-18. Most investors know little about the stock because the company is hardly communicative. Its website reveals little and...
Moneylife Digital Team
SMART MONEY
Infosys completed 25 years of being a public limited company. What may be fresh in most people’s minds are the recent controversies and the public battles. In this process, we ignore the tremendous wealth that has been created: more, in fact, than what 99% of the listed companies have...
MUTUAL FUNDS
Managers of debt mutual fund (MF) schemes have been very active in the past several months, as fears of a rise in interest rates had a major impact on the returns of their schemes. Long-term debt schemes delivered negative growth in the past one year, the worst in the entire debt scheme...
Clinton Fernandes
INSURANCE
‘Give me a hand and I will walk with you…’ so goes an Irish song. You pay premiums for your health insurance policy and the insurance company should pay the claim that may arise due to ill health. This is the way it should pan out.   Ajay’s experience is, however, very different. He...
S Narayanan
FIXED INCOME
Chennai-based Shriram Transport Finance Company, an asset financing non-banking finance company (NBFC), has come out with its biggest non-convertible debentures (NCD) issue. The total issue size is Rs5,000 crore and has been rated ‘CRISIL AA+/Stable’ by CRISIL and ‘IND AA+:Outlook Stable’ by...
Moneylife Digital Team
LEGAL
We Indians take false pride in our ability to innovate through, what we call, ‘jugaad’. While this may, occasionally, involve truly out-of-the-box solutions, it usually involves tweaking rules or outright breach of law.    For example, a two-wheeler, meant for two, turns into a family...
TECHNOLOGY
If you would like to change the ringtone of your phone to something you love, Ringtone Maker Pro is the tool for you. It provides amazing features, lets you to manipulate and personalise ringtones for your Android phone. You don't need to be a composer or an artist; with the ringtone editor...
The FIFA App has been updated—this version helps you select your favourite teams and keeps you up-to-date with the latest FIFA World Cup™ news. You can even re-live key moments in World Cup history with exclusive videos and photos.   You are also able to follow minute-by-minute action...
HEALTH
In the past, caffeine consumption has been associated with lower risks for a variety of ailments such as type-2 diabetes, heart disease and stroke. However, how exactly it works has remained unclear. A new study shows how. Apparently, caffeine promotes the movement of a regulatory protein...
Moneylife Digital Team
When I read the blurb of book The Power of Your Subconscious Mind by Dr Joseph Murphy, I did not quite believe it. It claimed that it was one of the most powerful books ever written! It has changed over one million people to date, etc. After the first fast reading of the book, I was convinced...
MONEY FACTS
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