Knowledge

What should investors of DSP Merrill Lynch and Tata AIG do?

What should investors of DSP Merrill Lynch and Tata AIG do?
The answer is immediate ‘nothing to worry’. In the recent financial turmoil in US, the names affected include Lehman Brothers, Merrill Lynch and AIG. While Lehman does not have a direct consumer portfolio since it does not have any asset management or insurance company though has taken equity stakes in various domestic companies or SPV or real estate projects.

What should be your investment strategy in such volatile markets?

What should be your investment strategy in such volatile markets?
The Indian financial markets markets is going among the most volatile phases it has witnessed over the past many years post Lehman, Merrill Lynch crisis. Whether it is equity, metal, currency, oil, every new morning brings with it fear and hope of a new event overnite (especially in US markets).

Find out the best interest rates on Fixed Deposits

The common problems among most Indian investors is how to find out the best available FD rates among all Indian banks whether public, private or foreign. As it is virtually impossible to visit individual banks or their websites as there are over 100 of them operating in India.

Your mobile number is going to change

Your mobile number is going to change
Come next year, and you may have to update all your mobile and phone directories as all mobile numbers will then have 11 digits instead of current 10 digits with ’9′ being prefixed to all mobile numbers and thus ’99′ will become the first two digits of every mobile number.

Reliance mPay – Use your Reliance Mobile as a virtual HDFC Bank credit card

Reliance mPay – Use your Reliance Mobile as a virtual HDFC Bank credit card
In yet another step forward towards mobile banking, Reliance Communications and HDFC Bank have launched India’s first virtual credit card. Anyone who has a HDFC Bank credit card and a Reliance mobile can use this service and as per current estimates, around 15 lakh people qualify under this.

Locate an ICICI Bank Branch using city maps

Locate an ICICI Bank Branch using city maps
Continuing with its tradition of being the pioneer in bringing latest service innovation, one can now locate an ICICI Bank Branch through user friendly maps being provided by mapmyindia. Uptil now most of the bank’s websites provided addresses of the respective bank’s branch area wise by entering the State and City.

Why is IPL attracting big names and big money?

Why is IPL attracting big names and big money?
To take on Zee’s Indian Cricket League, the recently formed Indian Premier League (IPL) by BCCI is on the verge of attracting big money and for the first time introducing corporate flavour to Indian sports.