BUSINESS
Jain Irrigation downgrade – an accident waiting to happen
The problem is partly its creation and the other half is the government’s
BUSINESS
Should DHFL be given the same treatment as IL&FS?
The notes to DHFL’s accounts raise many questions about the competence of the current management to run the business
BUSINESS
Modi’s ‘Housing for All’ gets a wake-up call from NHB
Unless a solution is found, a new crop of non-performing loans will soon make their appearance
BUSINESS
Recovery in commercial vehicle segment is unlikely to happen anytime soon
The growth of inland waterways and the dedicated freight corridor will impact long-term truck demand
BUSINESS
Policy | The government should respect what the market is trying to tell it
Last Friday, 357 stocks touched new 52-week lows
BUSINESS
Policy | Why NSE’s move to disallow derivatives in DHFL is wrong
There are other ways of protecting small investors and dampening trading interest in a stock. Increasing margins is one key example.
BUSINESS
Markets | Suzlon’s default is not a surprise
Structural issues in the wind power sector, wrong management calls, poor financial numbers and the very structure of FCCBs offer a clue on why bondholders would be lucky to get their money back.
BUSINESS
DHFL episode offers lessons in how not to run a NBFC
Further defaults and inability to meet its payments on the part of DHFL will again spread fear in the sector. It will set off a fresh round of risk aversion and liquidity squeeze for NBFCs as banks refrain from funding the shadow banking sector.
BUSINESS
IndiGo promoter dispute: Airline hits an air pocket, time to wear your seat belts
Gangwal approaching Sebi suggests that lawyers on both sides have failed to reach a compromise
BUSINESS
Roll back the increase in capital gains tax on foreign portfolio investors
The government must move swiftly to contain the damage to investor sentiment
BUSINESS
Budget 2019 | Markets get a raw deal from Budget 2019
Market expectation of tweaking taxes has not be met but surprises in the form of lower promoter shareholding and buyback tax has dampened mood
BUSINESS
Government dials wrong number in bailing out PSU telecom giants
It’s time for the government to cut its losses
BUSINESS
Initial options data suggest Budget could be a non-event for markets
A reduction in capital gains tax or securities transaction tax can however set the market on fire in the short-term
BUSINESS
G-20 Trump-Xi meeting: Symbolic at best
The question is: how long will the celebrations in the markets last?
BUSINESS
Niti Aayog’s electric vehicle deadline brings disruptive innovation home to automakers
Without government help, Niti Aayog’s targets will not be met
BUSINESS
Common online platform for RERA is fine but what the Act needs is teeth
All the good work done by RERA goes down the drain if justice is delayed and not delivered.
BUSINESS
Markets | Much-needed move by Sebi to prevent misuse of clients' shares by brokers
With the broking business in the doldrums, some brokers raise money by borrowing against clients’ shares
BUSINESS
Looking into Jet Airways’ black box for lessons to all stakeholders
The promoter, the management, the lenders, the strategic partner and the government were all flying blind
BUSINESS
Stars aligning: Why it makes more sense to go for a gold run!
With global uncertainties so high, even central banks are stocking up on gold
BUSINESS
Markets | Sebi's tightening of rules for rating agencies is likely to be a futile exercise
All the new rules will do is repackage the rating process
BUSINESS
Sebi needs a bloodhound, not another toothless watchdog
It’s time to crack down hard on errant auditors
BUSINESS
Why Sebi’s Rs 1 crore bait to trap insiders is unlikely to find any takers
The reward offered is too hedged by conditions to be enticing to whistle-blowers
BUSINESS
No country for individual investors; why DHFL should be made a test case for investor protection
Enough is enough: when will the authorities wake up and stop the wholesale duping of small investors?
BUSINESS
Sovit Manjani: An accountant's journey to becoming a systems trader
Journey of a trader is lonely. It's his efforts and strong self-belief that pulls him through. Sovit Manjani is an old school trader who relearnt everything in his late 30s to become a systems trader
