Two years back Mr Tata said – ‘I am unfortunately a person who has often said, you put a gun to my head and pull the trigger or take the gun away, I won’t move my head.’ Finally, the devil has won and Ms. Mamta Devil Banerjee has succeeded in pulling the gun on Mr. [...]

Today morning, when I picked up Economic Times, something which was long awaited was there on the front page as headlines – ‘TCS signals hard times, nips staff salaries’. As soon as I read this, I gave a call to one of my engineer friend who is working with TCS and I was amazed to [...]

Yesterday night I received a message from one of my friend on my cell phone which read like this – Latest Blockbuster movie “Saare Zameen Par”, premiere on BSE and NSE, produced, directed and acted by Ambani Brothers! Jokes apart, if such a movie comes out I don’t have the slightest of doubt that it [...]

Last year 112 stock got listed on Indian bourses and out of every 10 IPO listed on stock exchange 3 gave a return of more than 100%, five outperformed sensex and 3 are trading a loss of issue price. Primary market is luring retail investors like never before and paying a smart risk free return [...]

Close to 100 firms got listed this year and out of these around, 30% gave 100% premium to investors and an equal percentage meant loss for investors. Over all, we can say that year 2007 was a great year for investors and companies as well as Indian stock markets are ripe for IPOs and both [...]

Everyday as the clock ticks 9:55 in the morning, my colleague logs on to check out the status of market. Since last few days, he is restless as the market is tumbling non stop. I am no investment wizard but being a Chartered Accountant, I am supposed to know market dynamics and this makes me [...]

If you are investing in shares and availing benefit of sec 10 (38) which exempts long term capital gain on shares, there is a bad news for you. CBDT has considered a proposal to limit the scope of exemption only to companies constituting BSE 500 index. This is done to prevent any misuse of section, [...]

When Mr. Rakesh Jhunjhunwala made a prediction in 2005 that Sensex will cross 25000 by 2010 we mocked at him attributing his statement to lack of experience in stock market. As sensex kissed the magical figure and closed yesterday above 15K for the first time, the research analysts are forecasting a safe and steady ride [...]

Germany’s investment in India has increased by more than two fold at 303 million dollar in fiscal 2005-06 compared to 145 million dollar in the previous year, according to Indo-German Chamber of Commerce. The bilateral trade between India and Germany has also increased by 30.8 per cent for the first six months of 2006 at [...]

India today said it will take up its objection to Pakistan limiting trade with New Delhi under the South Asia Free Trade Area at SAARC Ministerial Council meeting in October, but made it clear that tariff concessions offered to Islamabad would continue. “SAARC Ministerial Council could be held in October. We would be raising the [...]