Debashis Basu

All stories by Debashis Basu

What Zomato, Ola, Paytm Need To Learn

What Zomato, Ola, Paytm Need To Learn

Rediff.com19 Jul 2022

Start-ups don't care that mad-money funding comes to a hard stop after an IPO, observes Debashis Basu. As a listed entity, corporate actions have to take the interests of all shareholders, especially minority shareholders, into account. So far, we are not seeing any sign of it, observes Debashis Basu.

As US Fed Sneezes, Will India Catch A Cold?

As US Fed Sneezes, Will India Catch A Cold?

Rediff.com15 Jun 2022

If the central banks act harshly now, the markets will crash and then rally. If they are hesitant, the pain will be prolonged, predicts Debashis Basu.

Sebi And Phenomenon of Confusing Rules

Sebi And Phenomenon of Confusing Rules

Rediff.com2 Jun 2022

Since 2016, Sebi has made many rules to prevent unauthorised trading by stockbrokers. Yet, one comes across dozens of cases of blatant overtrading in client accounts, every year, leading to massive losses to investors, observes Debashis Basu.

What Went Wrong at Axis Mutual Fund

What Went Wrong at Axis Mutual Fund

Rediff.com24 May 2022

Following the money and freezing anything unaccounted is the only way to set an example for others, suggests Debashis Basu.

What Zomato, Ola, Paytm Need To Learn

What Zomato, Ola, Paytm Need To Learn

Rediff.com19 May 2022

Start-ups don't care that mad-money funding comes to a hard stop after an IPO, observes Debashis Basu. As a listed entity, corporate actions have to take the interests of all shareholders, especially minority shareholders, into account. So far, we are not seeing any sign of it, observes Debashis Basu.

NSE's Colo Case: Will CBI Do What Sebi Didn't?

NSE's Colo Case: Will CBI Do What Sebi Didn't?

Rediff.com9 May 2022

It is the biggest issue we have ever faced in the securities market, where a sensitive and systemically important institution and first-line regulator was not only exploited by unscrupulous elements but functioned like a private fief, points out Debashis Basu.

How Governments Harm Job Creators

How Governments Harm Job Creators

Rediff.com21 Apr 2022

From small restaurants to mighty software companies, it is businesses, not the government, that create jobs. Yet, in a cruel irony, they have to fight extortive and brutal State power every step of the way, says Debashis Basu.

We need Modi the Thanedar, not Chowkidar

We need Modi the Thanedar, not Chowkidar

Rediff.com8 Apr 2022

I am not sure if Modi can ever act as a chowkidar, even if he wants to. But he can surely act as a thanedar, by ensuring a fast resolution of corruption cases once they come to light. Exemplary action is easier and will burnish his anti-corruption image, argues Debashis Basu.

Stock Markets Unconcerned About Inflation

Stock Markets Unconcerned About Inflation

Rediff.com24 Mar 2022

We have not suffered such huge price shocks across so many basic commodities, at the same time, in decades. Has the inflationary impact of all this been factored into stock prices as yet, asks Debashis Basu.

NSE Rot Goes Deeper

NSE Rot Goes Deeper

Rediff.com11 Mar 2022

The rot is is not limited to Chitra Ramkrishna and the yogi, observed Debashis Basu.

Will Markets Fool Majority Once Again?

Will Markets Fool Majority Once Again?

Rediff.com15 Feb 2022

There are overvaluation and excesses in many pockets of the market. This is most obvious in the IPO market, where loss-making companies have inflicted large losses on investors, observes Debashis Basu.

Tax Torture And Taxtortion

Tax Torture And Taxtortion

Rediff.com2 Feb 2022

The tax department will remain a source of endless nightmares for citizens and 'transparent taxation' will remain an empty slogan and a cruel joke, observes Debashis Basu.

How Covid Gave Investors A Booster Dose

How Covid Gave Investors A Booster Dose

Rediff.com15 Jan 2022

COVID-19 forced people to work from home turned into the fuel for new demat accounts, observes Debashis Basu.

Why Should Govt Be In Fintech?

Why Should Govt Be In Fintech?

Rediff.com15 Dec 2021

The temptation to get into businesses that are hot is perhaps too great for any politician, no matter what his public slogans are. Nehru plunged into hot sectors of his time -- engineering and iron and steel. Modi has plunged into digital payments -- the hot sector of his time, notes Debashis Basu.

History Repeats In Paytm Fiasco

History Repeats In Paytm Fiasco

Rediff.com1 Dec 2021

Even if the Paytm fiasco does not mark the end of the bull run, at least some sanity will return to the wild IPO market, observes Debashis Basu.

Public sector bankers have got away for too long

Public sector bankers have got away for too long

Rediff.com25 Nov 2021

Nothing has ever been done to make bank officers accountable, except for the rare actions when there is a public controversy, argues Debashis Basu.

Bad Bank. Good Intention. Bad Lending

Bad Bank. Good Intention. Bad Lending

Rediff.com9 Nov 2021

Rogue lending under political influence was rife in the Congress-led regime and is not happening in the Modi regime, certainly not on that scale. But if PSBs cannot lend as indiscriminately as they did last time in the name of 'credit expansion', how well will these banks do, asks Debashis Basu.

Who Thinks For The Small Investor?

Who Thinks For The Small Investor?

Rediff.com22 Oct 2021

A quaint Indian idea called face value is putting high-performing companies out of the reach of retail investors, observes Debashis Basu.

Algos In Wild Bull Market: Disaster Waiting To Happen

Algos In Wild Bull Market: Disaster Waiting To Happen

Rediff.com28 Sep 2021

Time-automated trading through algos can massively amplify irrationality, leading to more volatility and still more irrationality in an ever-spiralling loop, warns Debashis Basu.

The Mudra Mela Muddle

The Mudra Mela Muddle

Rediff.com13 Sep 2021

Not only has the Mudra loan mela generated no jobs, it has frittered away trillions of taxpayers' money and it's time to bury the scheme, argues Debashis Basu.

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