In the last few months, some serious shifts have happened in the top managements of some of India’s marquee companies. ICICI Bank saw the sudden exit of its CEO Chanda Kochhar while the RBI refused to extend the tenure of Rana Kapoor, founder and CEO of Yes Bank. At the same time, there was a
Last few weeks the markets were rife with rumours that Warren Buffett would be taking a stake in Kotak Mahindra Bank. There is an interesting background to this story. The promoter of Kotak Bank, Mr. Uday Kotak is required to reduce his stake in the bank from 29% to 20% as per the RBI regulations.
When the BREXIT vote was concluded in June 2016, it was an emphatic vote in favour of seceding from the EU. Over the last 30 months, there has been doomsday scenarios painted that the BREXIT could be disastrous for the UK. The problem is there is still not much of clarity on the BREXIT front.
When the US sanctions on Iran decision came up on November 05th, there was a sense of trepidation in world markets. After all, if Iran was banned from the global oil market then India would lose out on an important source of cheap oil and also the world oil market would find itself in a
When the government increased the MSP on Kharif crops in the Union Budget to 150% of the production cost, which was the right step towards doubling of farmer incomes by 2022 as promised by the current government. However, the farmer issues refused to die down leading to a major farmer agitation in early September. With
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
Active investing is all about taking a view on the markets and then taking a view on the stocks and buying stocks accordingly. Active investing can either be top-down or bottom, depending on which approach suits the situation better. The idea of active investing is to identify solid stocks that can create wealth in the
The chart below captures the performance of the Nifty Index versus the NSE Mid Cap Index since the beginning of 2018. The contrast is quite stark. The Nifty has actually outperformed the Mid Cap Index by almost 20%. In fact, if one were to look at the Nifty on any normal trading day, it would