Your demat account is generally secure, thanks to safeguards by depository participants (DPs). But you cannot rule out frauds. Sometimes a dishonest DP official may transfer your shares to another account for personal gain. So follow these steps to make your demat account more secure:
Even if you don’t trade your shares, track your demat account [...]
While using credit cards, we not only pay for the purchases we make, we have to pay an additional charge, from which the credit card company pays it’s employees, for the advertisements and so on. No wonder credit companies are having to confront mortal costs in fraud ( again, passed on to us). What on [...]
There are many definitions given to management. Let us see what some people say about management:
Mary Parker Follet – Management is the art of getting things done through people.
Sir Charles Reynold – Management is the process of getting things done through the agency of a community. The functions of management are the handling of a [...]
For centuries, people have recognised the power of luck and have done whatever they could to try seizing it. We see that some people are consistently lucky and others aren’t. Lucky people, get that way via some basic principles-seizing chance opportunities; creating self-fulfilling prophecies through positive expectations; and adopting a resilient attitude that turns bad [...]
If you suddenly run into good fortune and have spare cash, consider prepaying at least a part of your loan, at one go or annually. This way, your principal will come down and your years of indebtedness will get reduced. Best of all, it will considerably cut down the total interest amount you will pay. [...]
It is a very sad condition for card holders, who lose it. Although many banks deactivate credit cards as soon as the card holder calls in to say it is stolen or lost, others require a written complaint, along with a police FIR – and that too during office hours. In the meantime, a thief [...]
Another important principle revolved around the way in which lucky and unlucky people deal with misfortune. For example, an athlete participating in the Olympics, when he wins the bronze medal, he is happier than the silver medallist. The reason for this is the silver medallist thinks that if he had performed slightly better, he might [...]
The most vital aspect of the business is undoubtedly, capital management. Capital management is the most interesting and valuable work at the top management level. A business firm cannot remain static; its tendency is either to move forward or backward. Only when there is adequate financial resources, expansion can take place. Capital management is concerned [...]