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Mohan
Senior Member
Joined: 09/Feb/2007
Location: United States
Online Status: Offline
Posts: 1855
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   Posted: 08/Jul/2007 at 8:20pm |
Originally posted by CHINKI
The way you can fill the form and transfer the funds from your bank account via internet, it should be the same via Kiosk. Neither you require any hands nor any forms to be filled.
Being a investor in their mutual fund, I keep getting a form to enrol for their Smart Money Card along with monthly statement. Once you have their Smart Money Card, it becomes like a credit/debit card. Insert that card in the kiosk, your details (personal as well as your investment)are already there. Just buy or sell units of any Mutual fund. No need to talk to any agent or their office. |
Is there any kind of fee for the smartmoney card ?
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Be fearful when others are greedy and be greedy when others are fearful.
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CHINKI
Senior Member
Joined: 07/Feb/2007
Location: India
Online Status: Offline
Posts: 2827
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Posted: 08/Jul/2007 at 12:29pm |
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Naturally, there is no fee for it.
Make people to get used to use these smart cards.
May be after some time, they may start charging for the same.
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TOUGH TIMES NEVER LAST, BUT TOUGH PEOPLE DO
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xbox
Senior Member
Joined: 10/Sep/2006
Online Status: Offline
Posts: 2001
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Posted: 08/Jul/2007 at 5:29am |
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Recently SSKI started coverage on RCL. I don't know why they took so much time for it. RCL is already sitting on huge rally in last few 2-3 months. It could have made more sense to identify stock while it was under-valued. But whom to complain...Brokerage house have very very strong own interest in their recommendation. Sometime back CITI recommended sell on Indiabulls to target 350.
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Don't bet on pig after all bull & bear in circle.
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deveshkayal
Senior Member
Joined: 04/Sep/2006
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Posts: 3903
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Posted: 08/Jul/2007 at 11:21am |
Sometime back CITI recommended sell on Indiabulls to target 350.
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That sell rating was not warranted..Most of Citi's call are buy nowadays..I hope they have learnt from their mistakes...
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DTDC plans to foray into warehousing space to cash in on the burgeoning retail sector. "Many international freight and logistics players are talking to us to be a partner in our proposed warehousing venture. Currently,we are evaluating their proposals." said DTDC Chairman. The 5000cr business offers oppurtunity for us as several retail chains have already approached us for warehousing facility,including Bharti,Tesco and Nilgiri Dairy." (ET)
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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
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xbox
Senior Member
Joined: 10/Sep/2006
Online Status: Offline
Posts: 2001
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Posted: 08/Jul/2007 at 11:55am |
I hope they have learnt from their mistakes...
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Sorry!!. I beg to differ. It is not mistake. It is a game.
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Don't bet on pig after all bull & bear in circle.
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
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Posted: 09/Jul/2007 at 12:30pm |
Originally posted by vipul
I hope they have learnt from their mistakes...
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Sorry!!. I beg to differ. It is not mistake. It is a game. |
Yes, Citi did buy a huge chunk a few days post the release of the report
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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deveshkayal
Senior Member
Joined: 04/Sep/2006
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Posts: 3903
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Posted: 09/Jul/2007 at 10:19pm |
Originally posted by Kalyan
George Soros holds more than 5% in Rel Cap |
George Soros-promoted fund and the US-based investment bank Blue Ridge will together pick up 21% in Reliance Capital's asset reconstruction business.
While George Soros will hold 11% stake in the company and Blue Ridge 10%, the three Indian partners — GIC, Indian Bank and Corporation Bank — will hold 10% each. Reliance Capital will have the remaining 49% equity. The initial investment in the business will be Rs 100 crore. The board of Reliance Asset Reconstruction Company has approved the investment and shareholding pattern of the company. The spokesperson for Reliance Capital confirmed the development.
This is the second foreign investment in the asset reconstruction business in India after the government allowed FDI up to 49% in the sector last November. Barclays was the first foreign company to sign an agreement with ICICI to pick up 10% in Asset Reconstruction Company of India (Arcil).
ARCs buy out non-performing assets of banks and then turn them around. Currently, Rs 65,000 crore worth of NPAs are lying with various banks.
As of now, Arcil dominates the asset reconstruction scene in the country.
Source: ET dated Nov 02,2006
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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
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Mohan
Senior Member
Joined: 09/Feb/2007
Location: United States
Online Status: Offline
Posts: 1855
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Posted: 09/Jul/2007 at 11:45pm |
Originally posted by basant
Originally posted by vipul
I hope they have learnt from their mistakes...
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Sorry!!. I beg to differ. It is not mistake. It is a game. |
Yes, Citi did buy a huge chunk a few days post the release of the report |
Kya kare bhai ?Citi (ko) bajane ki buri aadat si ho gayi hai (pun intended )
Edited by Mohan - 09/Jul/2007 at 11:47pm
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Be fearful when others are greedy and be greedy when others are fearful.
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