May
26
How to invest in stock markets ?
May 26, 2008 | Leave a Comment
Another useful email that I got was related to investing in the Indian stock market, especially after the crash and the learnings from that. Topic of the email: How to invest in stock markets?
1. Select businesses with good growth opportunities. Read business magazines that offer research on good businesses and read those articles thoroughly.
2. Select [...]
May
26
Checklist for entering an IPO
May 26, 2008 | Leave a Comment
I came across this post in an email about a sort of checklist about whether to invest in an IPO and thought that this was worth sharing; even if this helps a few people, it will be worth posting.
How to decide whether to invest in a particular IPO?
• First and foremost, find out the listed [...]
May
25
Tips for safely handing your banking account
May 25, 2008 | Leave a Comment
Most of us take a banking account for granted, not bothering to pay much attention to the bank unless we have a need or if something goes wrong. When was the last time you bothered to validate all the statements you got from your branch with the actual transaction record ? This seems like something [...]
May
23
Booking a plane ticket – try the website directly
May 23, 2008 | Leave a Comment
This was very surprising. I was trying to book a ticket from Srinagar back to Delhi for around the 3rd week of June, and started with the regular websites that I was using – Yatra.com and MakemyTrip.com. They both seemed to have around the same lowest fare, on Spicejet. So this seemed fine and I [...]
May
23
Airlines have to refund tickets
May 23, 2008 | Leave a Comment
In India, low cost airlines came up with a way to make more money. If a passenger booked a ticket and proceeded to travel on the airline, then well and good. However, if the consumer decided to cancel the ticket, then this would be a good way to make some more money. So do 2 [...]
May
23
Deccan fined Rs. 50,000 for canceling ticket
May 23, 2008 | Leave a Comment
In the Indian air travel market, there are a number of low cost carriers (also known as discount airlines) that charge very low fares (or rather, they announce low fares, and then charge extra for fuel surcharge and taxes). If you have booked a ticket, and go through with you flight on the low fare, [...]
May
23
“National Consumer Helpline” has been set in the University of Delhi with support from the Department of Consumer Affairs, Govt. of India and with financial assistance from Consumer Welfare Fund. A tool free number -1800 11 4000 (available from MTNL and BSNL phones) has been setup for this purpose. The project recognizes the need [...]
May
16
Supreme Court warns banks against using force
May 16, 2008 | Leave a Comment
India’s legal system can work very slowly, what with the massive backlog of cases that it has. Due to this backlog and the time it could take to get a case heard, people resort to their own form of justice or get frustrated waiting for a resolution to the cases. In the case of a [...]
May
6
Bank drop boxes don’t always work
May 6, 2008 | Leave a Comment
We have come to regard bank drop boxes as a great extension of the branch; dropping checks, payment, check book requirements, and similar requests into these drop boxes. For credit card payments, where the required date is very close or even today, it seems like we can just drop the check in the drop box [...]