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Sucheta Dalal on Dignity Foundation’s stellar work among senior citizens Sometime in the early 1990s, when I was at the Times of India, Mumbai, I used to hear an animated discussion in the next cubicle about plans for the first ever magazine for senior citizens between my colleague Vithal...

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Issuers are not supposed to talk of their plans before the IPOs. Will it make a difference? Securities and Exchange Board of India (SEBI) wants to gag companies planning to raise money through public issues. They will not be allowed to discuss information that is likely to hint about the future...

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If you have an eye for detail, analytical bent of mind and an inquisitive nose, the career of a detective is for you, says Gaver Chatterjee When Chief Superintendent Donald Hackett, ace detective in Jefferey Archer’s well-loved short-story “Trial and Error” said, while keeping a watch on a...

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It could well be, if you go by the widespread pessimism among institutional investors. The Merrill Lynch survey of 213 global institutional investors is excessively gloomy. Some 60% of them see the global economy weakening. It happens to be the most negative reading in the survey’s history. As...

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ML Research Desk 03 August 2006
Introducing ML sectoral indices from the MoneyLIFE sample of companies With this issue, we introduce our proprietary sectoral indices that capture the performance of the various sectors that we track, on a three-month rolling return basis. Our database is spread across 49 broad sectors, which...

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MoneyLIFE is a really fine magazine. Excellent content and very well presented. You have been able to keep the high standard through all the issues. This is not easy. I am sure you will be able to keep it up. Just two suggestions - Moneylife should keep to the niche (of money matters)...

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It has been a deadly fortnight for Mumbai - India’s commercial capital. First incessant rains threw the city out of gear for five days, exposing fake claims of preparedness by the municipal corporation and government. Mumbai was angry, especially when the Chief Minister played down the...

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The tax department is out to harass senior citizens. Here are some solutions to fight back A couple of weeks ago, a Mumbai daily published a depressing article by Gool Bhujwala, a senior citizen who pleaded with the government to legalise euthanasia because life had become extremely difficult...

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While setting goals, balance between your dreams, strengths and qualities and what you think are reliable milestones We tend to often hurt ourselves by not accepting who we are. Feelings of inadequacy and tentativeness about whether our chosen path is 'correct', plague us at various points in...

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Of the 37 IPOs listed in the last six months, 32 are below their listing price When Standard Chartered Mutual Fund launched its new fund to subscribe to IPOs and flip them over on listing, we had warned investors to stay away from such adventurism. The market was grossly overheated then and...

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What is common between these companies? Anchor Brewing (San Francisco), a microbrewery; CitiStorage (Brooklyn, New York) doing a storage business; Clif Bar Inc. (Berkeley, California), maker of natural and organic energy bars and other nutrition foods; ECCO (Boise, Idaho), manufacturer of backup...

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Shailendra Lotlikar  and   ML Research Desk 03 August 2006
These stocks offer an attractive combination - reported financial strength and price resilience. Shailendra Lotlikar and ML Research Desk analyse them The Indian market has seen the best of its time in the last three years, rising astronomically, backed by a solid institutional interest -...

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Market movement of the last two months has left investors bewildered. After rising 97% in one year to reach lifetime highs, the market fell sharply, losing almost 30% from the top since mid-May till mid-June. It, however, went on to recover that loss in the next month, before another...

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The line between “long-term investment” and speculation is thinner than you think, says Debashis Basu “The market can stay irrational longer than you can stay solvent” - John Maynard Keynes “One of the world’s most famous speculators, Warren Buffet, … .” - Victor Niederhoffer in The Education...

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Growth funds do not promise to make positive returns in a falling market. But they do promise to beat their benchmark indices. Well, except Reliance Mutual Fund, all large fund houses had almost all their funds underperforming the benchmark in the first quarter, finds ML Research Desk In the...

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ML Research Desk 03 August 2006
The Winners: Right on top is Unitech Limited a stock that has been rising ferociously for quite some time now. Unitech has two divisions: construction and real estate. It has also diversified into infrastructure-related projects like roads and highways. The stock has gained a phenomenal 333%...

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The current obsession of global markets is inflation and interest rates. Stocks fell in mid-July because of these concerns. The concerns are so huge that investors are brushing off robust growth in earnings, both in India and the US. The minutes of Federal Reserve's meeting on June 28-29...

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I had opened a Young Stars account with ICICI Bank in the name of my daughter, Shruthi Venkat, on 30th May 2006. On opening this account, we were supposed to get a camera as a gift. This was confirmed by the Sales Executive Mr. J. Anil Kumar. During the first week of June, we received...

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What stocks to keep an eye on, if the market keeps rallying? Here is what MoneyLIFE Indices suggest Our size-based broad market indices on a rolling three-month basis have seen a slight shuffle this time, though the broad direction remains the same we had identified two months ago: that the...

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ML Research Desk 03 August 2006
Introducing ML broad market indices for the MoneyLIFE sample of companies The market is yet to find a definite direction after the massive mid-May correction. Our proprietary broad market indices for various sizes debut this issue onwards offering an insight into price changes across the ML...

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