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Citi Sells HDFC Stake For $1.9 Billion

Citibank has sold it’s 9.9% stake in HDFC (not the bank) at 657.6 rupees – with 14.5 crore shares sold today in a block deal. Buyers include FIIs and a TV ...

Rolling 5 year Return at 2.45%: 2011 in Charts

Remember in 2007 how they would tell you that the markets would return great money over five years? Well, you could have gotten better returns in a 3.5% ...

Off to Bangalore, Happy New Year

This blog will most likely be in the twilight zone for the next 15 days as I go to Bangalore for a vacation with the family. Best wishes to all of you and your ...

The Disgust and the Distrust in Money

Your banker tells you an account has no fees, but later you find yourself charged a fee for “opening charges”. A broker tells you they charge you X, but ...

Karnataka Bank Offers NRE Deposits at 9.75%

After the recent deregulation of NRE rates – deposit rates for Non Resident Accounts – Karnataka Bank offers 9.75% for the “repatriable” (can take it ...

Air India Restructuring Approved, Wants 43K cr.

RBI agrees to restructuring proposal by Air India: Air India Ltd has won the central bank’s approval for a debt recast plan crucial to the state-run carrier ...

Money, Money, Money

A HUGE and informative infographic at xkcd.com about Money: ...

Behavioural Quirks and Discipline

The awesome Devangshu Datta writes about Behavioural Quirks: Very few investors have the self-awareness required to analyse their own performances as ...

Happy Diwali 2011!

Every year, I do my annual Diwali predictions, and this year will be no different. First, wishes to all of you for the festival of lights. I don’t know why ...

Panics, Taxes and Startup Gyan

I wake up way too early, following stringent baby-care regulation that parents should get little or no sleep, and find some time to write in. I’ve been in ...