Niveshak April 2015 Issue with Page Flip version

Friday, May 1, 2015 , Posted by Team Niveshak at Friday, May 01, 2015

Dear Niveshaks,

The month of April saw the BSE Sensex plunging over 2%, down over 2600 points from its record high of 30,024.74 hit in the month of March. Reasons for this drop could be - the FPI community being worried about the potential levy of Minimum Alternate Tax (MAT), growth recovery being slower than expected as playing out in the quarterly corporate results, slowdown in the reforms process (GST and Land         Acquisition Bill)
Japanese pharmaceuticals company Daiichi Sankyo sold off its 8.9% stake in Sun Pharmaceuticals as a part of its strategy to exit India as a result the shares of Sun Pharma ended down 9% on NSE. French IT firm Cap Gemini announced the acquisition of US rival IGATE Corp for $4 billion which will bolster the company’s presence in North America and make it its biggest market.

The government has raised the limit of foreign direct investment in pension sector to 49 per cent in line with the FDI cap in the insurance sector. All investments in the pension sector, however, will have to abide by the pension sector regulator PFRDA. On the startup funding front, Ratan Tata invested in Chinese handset maker Xiaomi, the first investment by any Indian in the smartphone maker. He has already made personal investments in home-grown e-commerce players like Snapdeal, Urban Ladder, Bluestone and

Cover-story for the month of April 2015 edition is on our very own Niveshak Investment Fund, which has proved its strong foothold against these market conditions as well. The cover story gives you a glimpse of this success story. The article of the month subsequently talks about ‘The Predicament of Corporate Governance in Public Sector Undertakings’ taking Coal India into consideration. On the other hand FinGyaan covers a deep insight into green financing. The authors have diligently chosen the topic ‘Grass on the Other Side: Does Green Finance have a future?’

As we all are aware that BRICS play an important role in the World Economy and so will BRICS Bank do, thus our FinSight for the month is ‘BRICS Bank – Origination to Realization’. With the volatility in markets everyone starts blaming Derivatives, but what are derivatives? FinLife will be able to throw some light on it. Classroom which talks about Marginal Standing Facility will be followed by few words from our senior team bidding adieu

We would like to thank our readers for their immense support and encouragement. You remain our prime motivation factor that keeps our spirits high and give us the vigour and vitality to keep working hard.
Thank you.
Stay invested!
Team Niveshak
(click on image or here to view)

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