Blog about Financial Education, Advisory & Planning
Jindal Drilling & Industries Limited (JDIL), a part of the D.P. Jindal Group, is a leading company in offshore drilling in India’s Oil & Gas sector for over 30 years. It provides horizontal and directional drilling services, using positive pulse telemetry based MWD systems and steerable downhole mud motors. JDIL, in Nov 2021, acquired an …
Jindal Drilling & Industries Ltd – Drilling deep Read More »
Maruti Suzuki India Limited (MSIL), formerly known as Maruti Udyog Limited, is the largest passenger vehicle manufacturer in India with products ranging from basic hatchbacks to premium MUVs. As of September 2021 MSIL has a market share of 49% in the Indian passenger car market. Industry experts indicate lead times for automotive chips have increased notably from …
“Retrospective Taxation”, these two words have roiled foreign investors looking at India over the years, and led to multiple disputes between the Indian government and global majors like Vodafone and Cairn. Going back in history, in May 2007, Vodafone bought majority stake in Hutchison Whampoa for $11 bn. The Indian government has raised a demand of Rs 7,990 cr …
Phillips Carbon Black Ltd (PCBL), part of the RP-Sanjiv Goenka Group, is the largest manufacturer and supplier of carbon black in India catering to the needs of elastomer, plastic, paints and ink manufacturing industries. The major market for carbon black is tyre industry. They also manufacture special black for non-rubber applications. PCBL has capability & …
Indian equity markets remained subdued over the last month with the broader markets gradually declining as USD-INR hit new highs and crude prices inched up. Rupee depreciated to Rs.72.50/$ 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 …
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 …
How can you find the unknown treasure trove left behind by the deceased parents or spouse or by someone for whom you are the legal heir? Bank: The RBI has mandated banks to publish a list of inactive or inoperative accounts for 10 years or more on the bank’s website. It is possible for the …
NRI or non-resident Indian is a citizen of India or a person of Indian origin who goes out from the country for some official purpose/employment, carrying on their own business or with the intention to stay outside the country for more than 182 days or more during a financial year and 365 days or more …
Are you an NRI, wanting to invest in Indian mutual funds? Read More »
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 …
A plan about investing Rs.5000/month SIP (Systematic Investment Plan) for 20 years requires a 20 year old continuous working life and similar savings trend. The question is what if one dies earlier. You must take a TIP or Term Insurance Plan. A TIP makes the financial plan death-proof and allows you to do SIPs for …