Indian Equity Research and Investment Strategy
How to Get More Returns in Mutual Fund SIP with Swing Strategy ?
Max Life Insurance – Revised Deal, Positive for Max Financial
Will the Digital Neo Banking Platforms Succeed in India ?
Should you own the Life Insurance Business ?
Does HDFC AMC deserve High Valuation ? Review
Valuation of Indian Markets & Relentless FII Selling
Why Indian StockMarket Quoting at High P-E ?
Why Value Investing Does not Work in India ?
Infosys Technologies‘ FY2012 Results are Pathetic. Revenues stood at USD 1771 mn posting a decline of 1.9% QoQ missing the already muted guidance of USD 1810 mn. EBITDA margins stood at 32.6%, declining 110 bps QoQ primarily due to rupee appreciation. While the utilization declined 440 bps QoQ to 73%, rationalization of other expenses has witnessed some tailwinds.
Guidance: INFY guided for FY13 US$ revenue growth (more…)
I normally never write against somebody unless they are really terrible. Today I would like to prove how bad is Sundaram BNP Paribas Mutual Fund operating in India. Sundaram BNP Paribas has the worst IT Systems and Customer Care. In this age of Web services, where even Karnataka Government is delivering Online Services towards Citizens, lethargic IT Managers at Sundaram BNP Parbias Mutual Fund operate with the Cover Your Ass attitude without any accountability or responsibility even when a customer is seeking for help badly.
If you call their help line 1-800-425-7237, it goes to a Voice Mail. Makes me wonder is their only one person answering the (more…)
The Supreme Court’s February 2, 2012 judgment on the 2G spectrum scam case and heightened public scrutiny of Government actions practically rule out the awarding of natural resources on a discretionary basis. We can easily conclude that the old process of awarding natural resources, such as coal blocks, mineral ores, Sand, etc on a discretionary basis will come to an end.
Recent Revelations by Investigative Journalists about the Coal Scam in India has made the purpose of the (more…)
The Office of the Prime Minister, Dr. Singh has been indicted in the Famous 2G Wireless Spectrum Scam, Mother of All Scams – The Coal Block Allotment Scam and just a while ago the former chief of Army exposed the Rs 600 Crore Substandard Vehicle Supply Scam in the Defense. The financial budget for FY 2012-13 is not yet passed and the ruling party’s greed is unending without any sense of Moral responsibility.
We do not want to go over again on the impotence of (more…)
The Central Government doesn’t seem to get anything right – Budget Proposals Rolled back, Railway Minister Sacked, etc All these are steps backward for the forward looking Equity Analysts as the Congress Government does not want anybody with Brains to push Progressive Reforms and Policies but require muppets and puppets 🙂 [Old Man always seen complaining, Coalition Compulsions, Ufff!!!] Now that a media favored by the ruling party leaked a massive mother of all scams investigation report by CAG that will rock the nation soon – CoalGate – Coal Blocks Allocation Scam. Did the media have vested interest in telling Government, especially the PMO to go CYA 🙂
Anyway, Goldman Sachs has upgraded India (more…)
The Government of India in the Finance Bill of 2012-13 has proposed a Income Tax Collection by means of TDS of 1% to Nail Down Citizens who have been evading Income Tax despite making a moolah in Land Deals. What does the Bill say ?
Excerpts of the Proposed Income Tax TDS on Immovable Property is as follows
1. Definition of Immovable Property according to the Bill, (more…)
