The regulator announced a slew of changes to operations of mutual funds, saying it would tweak the categorisation of fund categories, as demanded by fund houses. Further, with a view to promoting skin in the game, it asked fund houses to invest in their closed-end schemes. … [Read more...] about SEBI tightens norms for investment advisory services, unveils ‘regulatory sandbox’
For the most part, the oldest companies in colonized lands are banks, railways, and post offices that were first established by colonial administrations to create an infrastructure that would better serve the colonizers’ economic needs. It was much easier for colonizers to export precious resources such as sugar, oil, or cotton back to Europe when they had functioning postal networks, transportation systems, and financial institutions. Later, when colonized countries gained independence, these companies were taken over by the newly independent governments in each country. … [Read more...] about This map shows which companies have lasted hundreds (and even thousands) of years
According to Bansal, small and midcaps look interesting especially from the valuation point of view. “If we look at the midcap space, the PE ratio of Midcap 100 is 25x which is lowest points if we take the data for the past 2-3 years,” said Bansal. … [Read more...] about D-Street Talk: Steps taken in Budget 2020, RBI policy could fuel rally in small & midcaps
How to cultivate your personal board To create your board, seek relationships with different people who can provide insight based on their various skills and backgrounds. It’s similar to what a business would seek in their corporate board members. Remember, you’re creating an informal board. You won’t actually hold board meetings or officially invite people to join. Instead, you’ll cultivate your board by asking an individual what they think about a certain situation or problem you’re facing. Over time, your personal board of advisors will be a small handful of mentors, most of whom will fit in more than one of the following categories: … [Read more...] about Why every professional should recruit a personal board of advisers
"I think the government will intervene and Vodafone Idea will not go down. It will exist. In fact, their numbers were good in terms of data retention and an increase in subscription. Some of the banks have been prudent in taking a write-back, however, it is too early to expect that everything is written off," said Sanjiv Bhasin, Director at IIFL Securities. … [Read more...] about SC’s stance on AGR a blow to financials, say experts; should you avoid the sector?