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Shankar Sharma has finally realized that there is no future in being a doomsday prophet. He has got down to the sensible task of recommending stocks to novice investors though his choice of stocks leaves much to be desired
In a shocking blow to the confidence of petty investors, a MNC which was highly lauded for its corporate governance and which was backed by visionary stock pickers like Ramesh Damani and Kenneth Andrade has grudgingly admitted that its accounts are not “true and fair” and that a fraud appears to have been perpetrated
A research analyst who sought to make quick money by taking advantage of insider information is in serious trouble. His attempt to avoid detection of his insider trades by using his mother’s account has come a cropper. He has now not only to refund his ill-gotten gains but also faces serious criminal charges
MNC stocks are supposed to paragons of virtue and corporate governance. However, a MNC stock backed by stock wizards Ramesh Damani and Kenneth Andrade has sorely disappointed and caused immense grief to its investors. Luckily, Ramesh Damani may have made good his escape though Kenneth Andrade’s IDFC MF is left holding the can
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