Sebi has discontinued the EDIFAR system w.e.f April, 1, 2010. In view of this, Stock Exchanges are advised to carry out the consequential amendments in Equity Listing Agreement i.e. removal of words, “and also through the EDIFAR website…..listed companies. Now a new portal viz., Corporate Filing and Dissemination System (CFDS) put in place jointly by […]
Hey do not see..we are changing! Well the NSE and the BSE have decided to change the timings for the market operations from 4th Jan, 2010. Who benefits? Really do not know..but let us see the stakeholders… The Stock Exchange, Mumbai, was started as an association – non profit making company – and was supposed […]
The advantage of working for a duopoly – especially one which is quasi government are manifold. One is you get paid like the private sector and second is you are sure to be secure, get stock options, have an indexed pension, etc. Must be funny in a rich man’s world – like Abba Said! Look […]
One reader called this column “Malice towards one and all” . Sorry Kushwant Singh, you are not alone. I have also done a ‘Round and About’ and started in on a Saturday by saying…”All this is my own work…..”Sorry Busybee, sorry Late Beheram Contractor. Let us check out some history of investor protection. It is […]
This is an amazing first hand story in the brokerage business. Once upon a time not long ago I happened to be associated with a stock broker who was the 3rd generation stock market broker. He was the Chairman of a brokerage company which we had floated to become a member of the National Stock […]
Shariah Investments in my portfolio, no thanks! Benchmark Mutual fund announced a Shariah compliant fund recently. Of course many mutual funds (Reliance, UTI, to name 2) are all in the process of launching and managing a Shariah compliant fund. What is a Shariah compliant fund? And what does it do? Shariah, the religious law of […]
“With XBRL you cant hide”, – S.Swaminathan of Iris always said that…Here is what he says: The myiris.com study has thrown up some startling findings. The study has shown that more than 200 listed Indian companies have discrepancies in their annual audited financial results. The discrepancies are such that the numbers simply do not add […]