Sebi had acted against 10 brokerages after over 10,000 investors failed to get shares in last year's Coal India IPO in spite of legitimate applications.
This makes stock-picking by retail investors difficult, but market experts say they need to understand that institutional players do not have a cookie-cutter approach to investing.
The price of an old car versus that of a brand new one always tilts the scales in favour of the former.
Bank to argue with the Reserve Bank that new norms don't apply to floating rate schemes.
The loss followed a massive fraud allegedly committed by Shivaraj Puri, a relationship manager at the bank's Gurgaon branch.
Last week, when the Builders Association of Navi Mumbai organised a property exhibition, they were taken by surprise when 200,000 visitors turned up for the four-day event.
Banks and housing finance firms may seek legal mortgage as well as completion guarantee clause.
ULPs have become more consumer-friendly. But do you really need one?
Mutual funds breathed easy today, with the flow into liquid and liquid-plus schemes soaring to Rs 30,000-35,000 crore. This is in contrast to the situation over the past few days when a liquidity squeeze caused by the Coal India issue soaking up cash forced companies and banks to withdraw money from mutual funds.
After cashing out of the recent stock market rally, investors aren't ploughing their money into just initial public offerings (IPOs), bonds or real estate. The feel-good factor has prompted many of them to splurge on luxury cars, exclusive holidays and designer brands.
With the stock market nearing its all-time high, the best way out is to sell them in tranches.
Your financial health, for instance, can be diagnosed by looking at a few ratios.
More credit bureaus to ensure faster dispute resolution.
Divide your investments properly for self-consumption, growth and income. Life will be simpler.
hree big players -- ICICI Lombard General Insurance Company, Bajaj Allianz General Insurance and Apollo Munich -- have launched policies in tie-ups with spas, gymnasiums, yoga institutes, diagnostic centres and health food retailers to offer discounts to customers on these services and products.
When an investor opts for a systematic investment plan (SIP) in mutual funds, the purpose is to average the cost of buying a bouquet of stocks, inculcate discipline and not having to worry about daily market fluctuations.
The IPO grey market premium does not value a company accurately. You may burn your fingers.
The market regulator is working in association with exchanges and fund houses to iron out the technical aspects of such a system. According to the sources, a series of meetings have already taken place.
The long-awaited, tax-saving infrastructure bond issue is out. Industrial Finance Corporation of India is the first company to issue these, at 7.85 and 7.95 per cent.
Sadly, so will lending rates. Do not hurry to put all your money in existing offers.