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A monthly magazine for business leaders and decision makers
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IRCTC May Hit the Market with IPO on 30th September

IRCTC May Hit the Market with IPO on 30th September The state-owned Indian Railway Catering and Tourism Corp. Ltd (IRCTC) plans to launch its Initial Public Offering (IPO) immediately after the sharp turnaround in the market with benchmark Sensex, which gained 8% or 2899 points after the government cut corporate tax on Friday. The Indian Railway and Tourism Corporation (IRCTC) is the subsidiary of Indian railway that handles ticketing and catering operations. The stake sale will be bringing down the government share in the…

The Toughest Lesson in Long Term Investing – Mr. Punit Jain

Dear Investor, I often ask myself why people find it so difficult to invest for the long term in the stock market. There are so many trading and demat account holders in India. But so few who are successful investors. My thoughts on this: The Trading versus investing approaches These two approaches are so different that perhaps the first step for a novice new investor is to try to understand both these concepts and decide which approach he should start with. Trading is the purchase (or sale) of a stock to take advantage…
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