Safe heaven

  ELSS funds are excellent prospects for investors. They are the only way to get good equity exposure while sav­ing tax. All tax-saving investmentsSince its inception, equity linked saving scheme (ELSS) funds have performed well in compari­son to most other types of diversi­fied equity funds. Over the last three years, the average returns of these… Continue reading “Safe heaven”

The perfect choice Deloitte hires the best people and creates leaders

    When Deloitte begins the new financial year from 1 June 2015, the 170-year- old professional services firm, which is also the world’s largest in terms of revenue and number of professionals, will have a person of Indian origin – Punit Renjen – as its global chief executive officer, for the first time in… Continue reading “The perfect choice Deloitte hires the best people and creates leaders”

DEMERGER Unlocking value

In the recent past, India Inc has been moving into restructur­ing mode, where companies are either demerging their various divi­sions or doing away with the holding structure altogether. For instance, Adani Enterprises Ltd (AEL) recently announced that it’s doing away with the holding company structure of its stake in two listed companies – Adani Ports… Continue reading “DEMERGER Unlocking value”

Course correction

  Maithripala Sirisena, thenewly elected President of Sri Lanka, did some deft geopo­litical course correction by choosing India for his first state visit, thereby rectifying the pro-China tilt that had come to mark the last phase of the Mahinda Rajapaksa regime. Chi­na’s growing proximity to Sri Lanka, especially the visit of a Chinese sub­marine to… Continue reading “Course correction”