Let us accept some facts early on: There are more bankruptcies than billionaires… We do not have any data about Indian investors, but MORE than agree with Sucheta Dalal and Moneylife that the number of investors have dwindled. This is terrible for the economy, but clearly a regulatory failure. Since we do not know by […]
Hi I started my blog in Jan 2008 – so it is now 54 months old. Not some iconic passage of time! In the beginning there used to be 10-12 readers, now there are about 5k regularly and once in a while it peaks to 15000. This is normally because of some link by yahoo […]
a few days ago I had done a lament about the quality of data available in India. It is almost impossible to do stories like: Are most people from Mumbai investing? Are more women investing in 2012 than 2002? or Are IFA assets more sticky than Bank brought assets? or Why are the assets under […]
For many companies – which come under the MCA mandate there is a need to file their annual returns in xbrl format. This happened because there were some companies which were filing very poor quality of info while filing the details with the RoC. The sad part of non compliance by a few people is […]
Could XBRL have helped in detecting frauds? Well the answer is a little complicated. Let me put it this way. If the Company Law Rules said a director should not be reappointed if he has already been a director, and you file a Form 32 in xbrl, within 2 minutes of filing you will get […]
Arjun Parthasarthy – i think used to be a debt fund manager with IDFC mutual fund, and I have spoken to him a couple of times, long long ago. Now he runs a website www.arjunparthasarthy.com – I have not yet visited the site, but I found an article in DNA money authored by him. In […]
The mutual fund industry is going through a lot of crisis. New money is not coming in, people from other industries are not too keen to join the industry, aum is falling. Of the new money that is coming, it is clear that the older and bigger funds are doing well, but the smaller ones […]