Issue of 20th Jul-26th Jul 2018
LEAD ARTICLE
financial magazines online
Kitex: Strange, New Facts about Employee Cost and Sales to an Unlisted Entity
Kitex Garments Ltd has been one of the most fascinating stories of the past few years’ massive run-up in small-cap stocks. The narrative about Kitex, until 2016, was one of hard work, perseverance, doggedness, ingenuity, camaraderie and the power of doing good, out of God’s Own Country—Kerala. The Kitex group is the largest private sector... Read More
DIFFERENT STROKES
This government is in a tearing hurry to show results. Over the past four years, it has introduced, axed or amended innumerable statutes, with minimal discussion or explanation. If a proposed legislation were unlikely to find support in both houses of parliament, it was rammed through as a...
STOCKS
Following the carnage in smaller stocks since late-January this year, many stocks are now available at a low valuation. One such stock is Allsec Technologies, with a market-capitalisation of about Rs400 crore, return on assets of 47% and price-to-earnings ratio (P/E) of just 6.4. This is...
Moneylife Digital Team
There is a widespread assumption that logistics companies, which are closely linked to the movement of goods, would grow as fast as the economic growth of a country, if not more. However, Indian logistics companies are struggling to grow. Take the case of Allcargo Logistics (ACL), an...
Moneylife Digital Team
MUTUAL FUNDS
What happens when well-made, captivating and funny advertisements released by an industry association hide the underlying risk and hype the safety? This is exactly what the Advertising Standards Council of India (ASCI) should be debating, or the market regulator SEBI (Securities and Exchange...
Clinton Fernandes
INSURANCE
Indian insurance industry grew at an impressive pace in 2017. While life insurance premiums grew by 8% in 2017 (compared with those in 2016), non-life premiums grew by 16.7% in the same period (as per Swiss Re Sigma 2018 Report). The Report also mentions India’s insurance penetration to have...
S Narayanan
FIXED INCOME
ECL Finance has planned a Rs2,000 crore issue of secured redeemable non-convertible debentures (NCDs)  amounting to Rs500 crore with an option to retain over-subscription up to Rs1,500 crore. The NCD issue has been rated “AA/Stable” by CRISIL and “AA with stable outlook” by...
Clinton Fernandes
TECHNOLOGY
This classic 2048 puzzle is a fun, and a very simple number puzzle game that is rather addictive. You join the numbers and get to the 2048 tile!   This 2048 game is an upgraded version of the current popular 2048 game. This is a super 2048 puzzle, it supports classic (4x4), big (5x5),...
Hotstar is a live streaming app that lets you watch your favourite TV shows, movies, sports and live news on-the-go. It is India’s largest premium streaming platform with more than 100,000 hours of drama and movies in 17 languages, and coverage of every major global sporting...
HEALTH
Curry leaves (the humble kadi patta or mitha neem) and coriander leaves are the two most underrated greens in a world where customers are aware of super-foods and super-veggies, thanks to the proliferation of digital media. In this article, we are going to look at the health benefits of these...
Girija Santhanam
Increasingly, in the face of mounting evidence, doctors are reluctantly coming to the view that what is really bad in a diet are carbohydrates and sugar. Interestingly, this was known all along; but a combination of interests from food companies, zealous researchers and politicians had...
Moneylife Digital Team
MONEY FACTS
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