Mohnish Pabrai has issued the clarion call that the low rate of mortgage penetration in India coupled with high demand for housing makes HFC stocks a no-brainer investment. Mohnish’s theory is in line with the theory advocated by other experts and we have to act on it ASAP
Deepak Parekh, who used to be a staunch critic of NAMO, now cannot stop singing his praises owing to the seriousness of the Govt to carry through big transformation reforms. However, it is unfortunate that a light-hearted remark by him has been misunderstood by novices
The misadventures of N. Jayakumar and his Prime Broking have caused NSCCL a staggering loss of Rs. 94 crore. At the behest of NSCCL, Prime Broking has been ordered to be wound up. However, the victory may be pyrrhic because the chances of recovering any sum from the defunct company appear to be bleak
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