STI NEWS;Portfolio should be like a cricket team” plus 1 more

Posted by Youtube offer Tuesday, April 5, 2011 View Comments

STI NEWS;Portfolio should be like a cricket team” plus 1 more

Portfolio should be like a cricket team

Posted: 05 Apr 2011 09:41 AM PDT


OVER THE next few days, India's victory in the World Cup (and cricket in general), will be connected to a wide variety of things. So I guess it's okay if I explain a certain point in investing by using a cricket team as a metaphor. In a lot of the public analysis that is done of an investment portfolio (whether of an individual, or of a mutual fund), the presence of any underperforming component...

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Imprisonment not must for issuer of bounced cheque: SC

Posted: 05 Apr 2011 09:40 AM PDT


Imprisonment is not a must while punishing a person who issues cheques which bounce, the Supreme Court stated in the case, Kaushalya Devi vs Roopkishore. In this case, the drawer of cheques was convicted under the Negotiable Instruments Act. However, he deposited Rs 2 lakh out of Rs 3.5 lakh against the cheques. The magistrate felt that under that circumstance, fine would suffice and imprisonment...

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