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MONEYLIFE INDIA
Moneylife is an online resource for news and opinions on personal finance, banking, finance and industry sectors from India.MONEYLIFE INDIA
Moneylife is among the most ethical media companies and is known for calling a spade a spade. This is reflected in our vibrant news and views portal (www.moneylife.in), which puts out information that is of direct relevance to investors, consumers and citizens.We send out a ONLINE PERSONAL & FINANCIAL PLANNING ADVISORS A complete online guide for our premium subscriber every aspect of personal finance -- from annuities and bank accounts to Wills and zero-coupon bonds - all in the form of common questions and answers. Financial products are complex. They demand effort, time and interest. With this handbook, life is much easier.MONEYLIFE INDIA
Butterfly Gandhimathi Appliances (Butterfly) has reported total revenue of Rs206 crore in Q4FY20-21, an increase of 87% year-on-year (y-o-y). The company has posted a net profit of Rs9 crore in Q4FY20-21, an increase of 215% y-o-y. The company expects to maintain GREENPANEL: STRONG GROWTH MOMENTUM 55 minutes ago · Greenpanel Industries Limited (Greenpanel) has come out with excellent results for the March quarter and is gung-go about the future as well. While the stock has run up a lot, is there more steam left? Greenpanel makes plain and pre-laminated medium density fibre boards (MDFs). It COVID VACCINE TO BE DEFERRED BY 3 MONTHS AFTER RECOVERY Vaccination of Covid patients who have been given anti-SARS-2 monoclonal antibodies or convalescent plasma by three months from the date of discharge from the hospital, individuals who have received at least the first dose and got Covid-19 infection before completion of the dosing schedule, the second dose should be deferred by three months after clinical recovery from Covid-19 illness. BEST & WORST MUTUAL FUND SCHEMES Best & Worst Mutual Fund Schemes. The best three and the worst three mutual fund (MF) schemes over the past three years ranked by their quarterly rolling returns. Premium members get access to a more refined list of top schemes by logging into Moneylife Advisory. This is a premium Article. LIC POLICYHOLDERS CAN NOW SUBMIT MATURITY CLAIM DOCUMENTS LIC policyholders can now submit maturity claim documents online. To settle maturity and survival benefit claims, Life Insurance Corporation of India (LIC) has asked policyholders to send scanned copies of their policies, KYC documents, discharge forms and SBI TELLS BRANCHES NOT TO FREEZE ACCOUNTS IF KYC IS NOT SBI has written to all it branches asking them to not summon their customers for updating KYC (know-your customer) details, writes The Economic Times. The bank has also asked its branches not to follow their usual practice of partially freezing accounts up to May 31, ifKYC is not updated.
PEDESTRIANS FIRST
A recent statistical report had revealed that Mumbaikars face the most number of traffic jams not only in the country but across the world. As per the GPS-based study on traffic congestion in over 400 cities of the world, Mumbai has earned the dubious epithet of the ‘Most Traffic Congested City’ in the world.MONEYLIFE INDIA
Moneylife is an online resource for news and opinions on personal finance, banking, finance and industry sectors from India.MONEYLIFE INDIA
Moneylife is among the most ethical media companies and is known for calling a spade a spade. This is reflected in our vibrant news and views portal (www.moneylife.in), which puts out information that is of direct relevance to investors, consumers and citizens.We send out a ONLINE PERSONAL & FINANCIAL PLANNING ADVISORS A complete online guide for our premium subscriber every aspect of personal finance -- from annuities and bank accounts to Wills and zero-coupon bonds - all in the form of common questions and answers. Financial products are complex. They demand effort, time and interest. With this handbook, life is much easier.MONEYLIFE INDIA
Butterfly Gandhimathi Appliances (Butterfly) has reported total revenue of Rs206 crore in Q4FY20-21, an increase of 87% year-on-year (y-o-y). The company has posted a net profit of Rs9 crore in Q4FY20-21, an increase of 215% y-o-y. The company expects to maintain GREENPANEL: STRONG GROWTH MOMENTUM 55 minutes ago · Greenpanel Industries Limited (Greenpanel) has come out with excellent results for the March quarter and is gung-go about the future as well. While the stock has run up a lot, is there more steam left? Greenpanel makes plain and pre-laminated medium density fibre boards (MDFs). It COVID VACCINE TO BE DEFERRED BY 3 MONTHS AFTER RECOVERY Vaccination of Covid patients who have been given anti-SARS-2 monoclonal antibodies or convalescent plasma by three months from the date of discharge from the hospital, individuals who have received at least the first dose and got Covid-19 infection before completion of the dosing schedule, the second dose should be deferred by three months after clinical recovery from Covid-19 illness. BEST & WORST MUTUAL FUND SCHEMES Best & Worst Mutual Fund Schemes. The best three and the worst three mutual fund (MF) schemes over the past three years ranked by their quarterly rolling returns. Premium members get access to a more refined list of top schemes by logging into Moneylife Advisory. This is a premium Article. LIC POLICYHOLDERS CAN NOW SUBMIT MATURITY CLAIM DOCUMENTS LIC policyholders can now submit maturity claim documents online. To settle maturity and survival benefit claims, Life Insurance Corporation of India (LIC) has asked policyholders to send scanned copies of their policies, KYC documents, discharge forms and SBI TELLS BRANCHES NOT TO FREEZE ACCOUNTS IF KYC IS NOT SBI has written to all it branches asking them to not summon their customers for updating KYC (know-your customer) details, writes The Economic Times. The bank has also asked its branches not to follow their usual practice of partially freezing accounts up to May 31, ifKYC is not updated.
PEDESTRIANS FIRST
A recent statistical report had revealed that Mumbaikars face the most number of traffic jams not only in the country but across the world. As per the GPS-based study on traffic congestion in over 400 cities of the world, Mumbai has earned the dubious epithet of the ‘Most Traffic Congested City’ in the world. COVID DISRUPTIONS, GAS PRICE CRASH PUSHES PETRONET LNG OUT In what may be a big casualty of Covid-19 related market disruptions, India's Petronet LNG Ltd has shelved it's $2.5 billion investment plan in US LNG developer Tellurian's upcoming Driftwood LNG terminal in Louisiana. Government sources said that with COVID, HIGH TAX BURDEN TO SLOWDOWN CONSUMPTION RECOVERY Covid triggered economic turbulence along with no relief on the tax front is expected to delay the consumption recovery, said India Ratings and Research (Ind-Ra). Accordingly, the ratings agency said that with no relief in sight on the tax front, households are AADHAAR-ENABLED DIGITAL INDIA, MINUS SAFETY OF CASH AND These were to be effective October 2019 but have been repeatedly postponed, citing the pandemic as an excuse. Ironically, when the lock-down is pushing people into digital transactions and, probably, more complaints, RBI’s latest directive on 21st May has extended the compliance deadline to 30 September 2021. So, laudable directions, such as asking banks to credit ‘financial compensation RURAL LOAN COLLECTIONS IN SECURITISED POOLS WOULD BE 10 hours ago · India Ratings and Research (Ind-Ra) says it witnessed a drop in April 2021 collections or in the May 2021 pay-outs, in the rated securitisation transactions across asset classes. As per early signals, the ratings agency says the second covid wave is expected to significantly affect May 2021 loan 49% FIRST-TIME BORROWERS BELOW 30 & 71% NON-METRO BASED The increased diversity in borrower profiles is indicated by the fact that, in 2020, 49 per cent of first-time borrowers were less than 30 years old and 71 per cent were based in non-metro locations, while 24 per cent were women, according to a joint report by Transunion CIBILand Google titled
MONTHLY AUTO REGISTRATIONS IN MAY 2021 TUMBLE BY 55%; FADA 4 hours ago · With monthly auto registrations falling by 55% and by a whopping 71% over May 2019, the Federation of Automobile Dealers Associations (FADA) requested prime minister Narendra Modi to instruct Reserve Bank of India (RBI) to grant moratorium for auto dealers and release guidelines for relaxation of loan re-payment equivalent to number of days of lockdown each state has been declaring GREENPANEL: STRONG GROWTH MOMENTUM 55 minutes ago · Greenpanel Industries Limited (Greenpanel) has come out with excellent results for the March quarter and is gung-go about the future as well. While the stock has run up a lot, is there more steam left? Greenpanel makes plain and pre-laminated medium density fibre boards (MDFs). It CHINA-BASED HACKERS LURING INDIANS INTO FAKE TATA MOTORS SCAM Cyber-security researchers in India on Thursday said they have discovered a malicious free gift campaign pretending to be an offer from Tata Motors that is collecting users' data, and the campaign has been traced to China-based hackers. The research wing of PATANJALI'S CORONIL LANDS IN ROW IN NEPAL, FACES Coronil, the so-called immunity booster kit manufactured by yoga guru Ramdevs Patanjali group in India, has landed in a controversy in Nepal after the Himalayan nations Department of Ayurveda and Alternative Medicine imposed a ban on its distribution. MONEYLIFE STOCKGRADERS 1. The Grader captures the first two of the three intrinsic factors that drive a stock: valuation, returns and growth. Since growth is volatile and difficult to capture through a metric, we have used only the first two factors.* LATEST
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Karvy Default Shows Prolonged Regulatory FailureSucheta Dalal
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Karvy Stock Broking Ltd (KSBL) was expelled by the National Stock Exchange (NSE) on 22nd November—a whole year after the market regulator, Securities and Exchange Board of India (SEBI) had suspended its operations and barred it from taking on...Economy & Nation
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“India Has No Damned Business to Remain Poor”: FC Kohli ’s Vision Extended far beyond TCSWalter Vieira
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Nifty, Sensex may move sideways – Weekly closing report Moneylife Digital Team / IANS 27 November 2020 _ To Bookmark you need to Log In _ __ __ __* __
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