Blog about Financial Education, Advisory & Planning
Vesuvius India Ltd (VIL) is part of the Vesuvius Group of UK, a world leader in the molten metal flow engineering. Vesuvius, UK, holds 56% of VIL’s share capital. In India, VIL is the largest player in the steel flow control segment in the refractory industry with market share of about 50% and overall market …
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 & …
Garware Wall Ropes Ltd (GWRL) is engaged in the manufacturing of ropes, twines and cordage, nettings, multi-filament yarns, and geotechnical nets and fabrics of nets and net-related products. It provides innovative and application focused solutions to diversified applications across fishing, aquaculture, agriculture, sports, and other segments. The fisheries segment is the biggest contributor to overall …
Though frontline index such as NIFTY & SENSEX have been range bound, broader markets have taken a beating with many smaller companies falling by over 30% from their peak. Some of it is correction of excesses in the midcap space; it is also providing some good opportunities to enter some quality stocks at reasonable valuations. …
Sharda Cropchem Ltd (SCL) is a generics agrochemical company, marketing and distributing a wide range of formulations and active ingredients (crop protection chemical) globally. It follows a differentiated asset-light business model focusing on product registrations and outsourced manufacturing. It operates in formulations and active ingredients solely based on generic (off-patent) molecules. This differentiates it from …
Last week I was reading an article about how Rahul Dravid was cheated by a Bangalore based firm Vikram Investments of Rs.4 cr. Though there were reports of many other celebrities being duped, Dravid has been the first to lodge a complaint. Similarly it was reported that badminton star Sania Nehwal was cheated of Rs.75 …
One common way to avoid tax is by investing in the name of a non-working spouse or minor children. Money gifted to your spouse or minor child does not attract tax. However if the money is invested, the income it generates is clubbed to the income of the giver and taxed accordingly. In case of …
Most of us want to retire early but hardly do we plan for a better retirement when we are working. To add to that some ill-planned money moves can also ruin the dream of early retirement. Some steps we should take to retire early: Start investing early Ideally, one should start planning his retirement immediately …
Equity markets are close to all-time highs and the question is whether markets are currently overvalued or not and if this is a good time to invest. Markets in India tend to move in a 5 year cycle. Market valuations do play an important role in determining returns over the short term to medium term …
In my previous article I had discussed how to use our retirement corpus. Now we also need to understand, as young professionals how to build up the retirement fund. The 2 basic rules to follow would be: 1. The earlier you start the better as you have more time to save money. 2. Have the …
Retirement planning – Invest early, invest wisely Read More »