Blog about Financial Education, Advisory & Planning
About 2.5 cr Indians travel abroad each year to holiday, according to data from The United Nations World Tourism Organization (UNWTO). A multiple times that number travel on a vacation within India. But most of us don’t prioritize travel insurance, and are often unaware of what it covers. Here’s a brief look at the kinds …
Many salaried individuals’ like me make mistakes like omission, some end up entering wrong numbers while filing their IT returns. This leads to a receipt of income tax notice u/s 143 (1) by taxpayers. Such a notice is just intimation & not a tax demand & hence does not necessarily mean tax avoidance/fraud. Here is …
Equity markets have corrected over 10% the last month with USD-INR hitting new highs and crude prices scaling multi year highs. Rupee depreciated to above Rs.74/$ for the first time on 5th October 2018. Departing from the trend of the last few months, both large & mid-caps have declined last month driven by a sharp …
The Sensex has plummeted nearly 2525 points from October 1 to 11, 2018. In the first week of October, the BSE benchmark index plunged 1,851 points marking the biggest weekly fall in absolute terms. The biggest 2 day fall in SENSEX was recorded on January 21/22, 2008, when it dived 2,273 points. Here are the …
The Supreme Court on 26th September 2018 ruled that Aadhaar/UIN is not required for mobile connections or opening a bank account. Many of us would have already linked our biometric details to banks, telecom service providers & digital wallets through e-KYC or c-KYC process. So now that the Supreme Court has said that it is not …
Phillips Carbon Black Ltd (PCBL), part of the RP-Sanjiv Goenka Group, is the largest manufacturer and supplier of carbon black in India catering to the needs of elastomer, plastic, paints and ink manufacturing industries. The major market for carbon black is tyre industry. They also manufacture special black for non-rubber applications. PCBL has capability & …
Indian equity markets remained subdued over the last month with the broader markets gradually declining as USD-INR hit new highs and crude prices inched up. Rupee depreciated to Rs.72.50/$ for the first time on 10th September 2018. With the NIFTY/SENSEX move being driven by top 10 stocks, there has been a large gap created with …
The burning topic today in India is about bank NPAs, NPA recovery especially from businessmen who have defrauded the banking system of crores of rupees & fled the country. As we complete 10 years of the Lehman Crisis, it seems we have not learnt any lessons from it though we must ensure that such a …
Fairchem Speciality Ltd (FSL), a Fairfax investment company, is an exclusive formation of specialty chemicals company from the merger of Adi Finechem Ltd (manufacturer of oleochemicals and nutraceuticals) and Privi Organics India Ltd (manufacturer of aroma chemicals). The combined entity caters to various industries ranging from printing inks, paints, adhesives & paper coatings, flavors & …
Fairchem Speciality Ltd- Creating fragrance out of waste Read More »
Meghmani Organics Ltd. (MOL) is an India-based chemical company with varied business interests. It has three business segments namely pigment, agrochemicals and basic chemicals. MOL has presence in more than 75 countries, serving over 400 customers across all three business segments. It has a distribution network with subsidiaries in USA, Indonesia, Dubai, Europe, a representative …