Issue of 5th Apr-11th Apr 2019
LEAD ARTICLE
financial magazines online
IL&FS Shocker: Govt Quietly Paying Up on Sovereign Guarantees to ADB and KfW for Failed Group’s $ 50.4 Million Loan
In a shocking revelation of new information, it turns out that the government of India, in 2009, had issued a sovereign guarantee on behalf of Infrastructure Leasing & Financial Services (IL&FS), which is at the centre of what is fast turning out to be one the biggest financial scandals in India. IL&FS is a shadowy private company, which has... Read More
STOCKS
In the past nine weeks, we uncovered the top-500 Wealth Creator stocks and the top-20 equity mutual fund (MF) schemes of the 10 years—2008 to 2018. Unlike our past issues, we staggered this year’s annual study over nine articles. The idea was to dive into the details of Wealth Creator stocks...
Clinton Fernandes
Solar Industries India (Solar) makes industrial explosives (packaged emulsion explosives, bulk explosives and explosive initiating systems) and had a market share of about 24% in India, in FY17-18. It also has the world’s largest facility for packaged explosives. Solar’s revenues have been...
Moneylife Digital Team
SMART MONEY
Debt is truly a four-letter word. In moderation, it could help to improve shareholder returns. An excess, generally, leads the company to the debt recovery courts or repeated doses of equity infusion which keeps diluting shareholder returns. The one important requirement for taking on debt is...
MUTUAL FUNDS
The best three and the worst three schemes over the past three years ranked by their quarterly rolling returns. Premium members get access to a more refined list of top schemes by logging into Moneylife Advisory  
Moneylife Digital Team
FIXED INCOME
Shriram City Union Finance Ltd (SUCF), a systemically important non-banking finance company (NBFC) plans to raise a total Rs750 crore secured, redeemable non-convertible debentures (NCDs). The NCD issue will be the first tranche of a series of borrowings planned by the...
Moneylife Digital Team
L&T Finance (LTF), a systemically important non-banking finance company (NBFC) is back with a new issue of secured non-convertible debentures (NCDs). LTF plans to raise a total Rs1,000 crore, including the base issue of Rs500 crore. These NCDs will be the second tranche in a series of...
Moneylife Digital Team
MOBILE APPS
TECHNOLOGY
India is one of the largest markets for Smartphones that use Google's Android operating system (OS). However, due to lack of digital literacy, many Indian continue to fall victim of new threats like click fraud, Trojans, spyware and hostile down-loaders. Alarmingly, many popular handsets from...
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