Cover Story
Nilesh Khare, an accounts executive, till recently had little knowledge about the existence of bulls, bears and other creatures that prowl the Street. But last fortnight when the benchmark index on the Bombay Stock Exchange kissed the 17,000 mark, he decided it was time to step into the world of investing.
If you doubt whether thematic or sector funds really do well, take a look at the top 10 funds in the market. Eight of the top 10 funds over the last year have been either sector or thematic funds.
Nilesh Khare, an accounts executive, till recently had little knowledge about the existence of bulls, bears and other creatures that prowl the Street. But last fortnight when the benchmark index on the Bombay Stock Exchange kissed the 17,000 mark, he decided it was time to step into the world of investing.
When anyone signs up for a class on finance, the first thing they are taught is this: the price of any asset is equal to the cash flow it generates periodically, discounted to factor in the prevailing rate of interest.
The why, what and how-to of policy making.
Forayed: Into organised retail, the Mahindra Group’s fullyowned subsidiary, Mahindra Intertrade, under the brand name Mahindra Retail. It will roll out a chain of multi-format lifestyle stores across the country within the next year and operate in the premium lifestyle segment, selling international and private labels.
China is in the fast forward mode ahead of Beijing Olympics 2008 and Shanghai World Expo 2010.
Alan Greenspan looks back on his life and times.
These new products are begging your attention. Across various segments like beauty, wellness and accessories. Take a look… and get your pick.
Almost 24 years after the first cars rolled out of Maruti’s Gurgaon plant, the recently renamed Maruti Suzuki India Limited (MSIL) overtook its parent, Suzuki Motor Corporation, in sales for the first time.
Call it a logical progression if you will. After successfully launching the .in domain name in 2005, Net4, India’s leading IP communications service provider, has tied-up with DotAsia Organisation to launch the first Asia-based generic top-level domain .asia.
In January 2007, Business Today ran a story on Jai Corp, a company owned by Anand Jain and family, and its role in the implementation of Mukesh Ambani’s special economic zones (SEZs). Since then the Jai Corp stock has surged nearly 650 per cent.
Citibank’s Suvidha, which was developed in India, is now being rolled out across the world. Other foreign banks are also taking innovative products developed here to other countries. Is India emerging as the global banking industry’s innovation factory?
Acumen 2007 kicks off with north zone participants vying for top honours.
One is entitled for a student pilot licence after 10+2. You can then join a flight school. There are many flight schools recognised by DGCA.
In India for a week-long Asia conference, Dooner, Chairman & CEO of McCann Worldgroup, took time out to speak with BT’s Shamni Pande on McCann, Indian advertising, and rival WPP. Excerpts:
