India has generally been a country that has tried to be friendly with the powers that be. Of course, Indira Gandhi did have the courage to ask the US take a walk when they tried to threaten her during the Bangladesh War in 1971 as did Shastri in 1965. Barring these two instances, India has
Like in the case of Satyam, the government moved in quickly to dismiss the current board of IL&FS and replaced it with an independent board led by Uday Kotak. With men of the pedigree of Uday Kotak and Vineet Nayyar at the helm, there is a ray of hope that the issue may see earlier
Is this the beginning of bearish phase!? Nifty corrected 13.25% from an all time high of 11760.20 on August 28, 2018 to 10199.20 on October 08, 2018. Sensex corrected 12.71% to 34032.25 from a high of 38989.65 on August 29, 2018. All started on August 13, when the rupee breached the level of 70 against
Have mid caps bottomed out; is the standard question that most investors want to know. The answer is slightly more nuanced than the straight forward discrete answer that you will normally expect. Mid caps are going through a churn at four levels. Firstly, the dividends of cheap oil are no longer there for the asking
If you open the bond markets page or the economy reports, the one concept you will often get to hear is that of Open Market Operations or OMOs in short. The government through the RBI intervenes in the money markets and bond markets in many ways. The main purpose is to maintain balance and stability
IL&FS is often being referred to as a shadow bank these days. That is not exactly a charitable definition. In China, Shadow banks refer to quasi banks that operate outside the financial system. IL&FS is not exactly outside the finance system in India because the RBI does regulate it as Critical Investment Company (CIS). Although
Further to our update dated 13/9/2018 with respect to the transfer of membership of commodity derivative business from M/s. Navia Commodities Broker P Limited(Transferor) to M/s. Navia Markets Limited(Transferee) we would like to inform that all client accounts and their positions as of 28thSeptember 2018 have been transferred to M/s. Navia Markets Ltd. Following are few points
When bond yields go up, as they have gone up in the last 1 year, the impact is not just on the bond markets. Of course, your bond portfolio and your bond fund NAVs dot take a hit. But did you know that a rise in interest rates also hits the equity markets? Here is
We are delighted to announce that as per SEBI Circular No.SEBI/HO/MIRSD/MIRSD1/CIR/P/2017/104 dated September 21, 2017; we have submitted our application for integrating broking activities in Equity Markets and Commodity Derivative Markets under single entity to Multi Commodity Exchange of India Ltd (MCX), which has been processed and provided in- principle approval. Pursuant to the above approval, we are
We at Tradeplus took various steps to be part of the Kerala Floods relief measures. As part of the measures our employees contributed to relief materials for Kerala. See here for more details. Further we had announced a waiver of Subscription Fees for one month to our clients who have contributed to Kerala’s CM Relief
