Investment banking: demystifying the jargon in the corridors of corporate finance. Arti Samant, whose Kitchen Accessories Company is becoming a name to reckon with in the startup circles, feels overwhelmed to figure out how to keep control on her finances. She started selling aprons and chef hats and gloves as a hobby but it soon became famous after celebrities who shopped there featured her on their social media. Orders started pouring in and the income, it grew exponentially. She even hired senior management teams to streamline business flow and finances.…
Day: March 30, 2019 Articles
Everything you need to know about portfolio management
When Aditya started working he was very excited about his salary and would dream of how to spend it, what he would buy, who he would treat, where he would travel. He was however a responsible son and also gave his parents money for monthly expenses. Saving however, was the farthest from his mind. Whatever deductions his company made towards his tax liabilities and the mandatory saving schemes such as PF, PPF, insurance policies, Aditya was ok with it. Once his salary package grew, he even made some small investments…
What are depository participants? Here’s all you need to know
Sheena was pouring over her father’s investment paperwork and it wasn’t easy. Her father is set in his ways of doing things and a firm believer in tradition. “These papers are in a mess! How do I make him understand?” She kept thinking this over-and-over while she kept trying to make sense of it all. Finally, she decided, and went to her father with a proposition. “Dad, I think you really need to organise your investments.” Her father looked at her the same way all Dads look at their daughters,…