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Chat -> Transcripts -> Anand Rathi (AR)
me: investors feel that their grievances, especially small time and ICE companies are not taken care of in time... why is not the BSE acting fast?
AR : me, BSE is attending to the investors complaints against listed companies reasonably fast if you have any specific case please write to me.
Mister Money: But when indiainfo.com gets listed, should i invest?
AR : money, depends on the price at which the issue is made.
me: could there be a representation on the bse board for a small investor or investor body/organisations.
AR : me, SEBI nominates the representatives on the BSE board and sometimes the representatives of the investors are also appointed on the board. 50% of the board nominees are other than members.
Mister Money: why not just sack them and take on better staff?
AR : Mm, BSE administration is being professionalised and a desired training is being imparted to the existing staff.
Mister Money: when do you think the shakeout in dotcoms will begin?
AR : MM, the shakeout in every industry is a continous process and in a competitive environment the strong ones will only survive. this is applicable to dot com companies as well.
HeroNo.1: I wanted to know whether to invest in new economy stocks or old economy stocks..
AR : hero, you have to balance your investments in new as well as old economy stocks it is therefore advisable to invest through good mutual funds.
ishrath: why does BSE need derivatives since its already having badla?
AR : israth, badla and derivatives are different products and serve different needs.
Mister Money: Should carry-forward be reintroduced?
AR : MM, carry forward is already continuing.
1942love: do you know contractors made a lot of money at BSE during Clinton visit?
AR : 1942, whenever any event takes place, the contracts are assigned on competitive terms and obviously people doing the job will make some profits.
HeroNo.1: what will happen to carry forward in a rolling settlement system?
AR : hero, there is a proposal to the SEBI board to continue a rolling settlement system, as without a carry forward system the liquidity would be very poor.
1942love: do you thing union problem will continue next week?
AR : 1942, union problem is already under control, even in the last two days there was no problem.
Mister Money: How is your firm, Anand Rathi Securities doing?
AR : Mm, our firm is doing well. Thanks.
Mister Money: What did you think of Bill Clinton when you met him?
AR : Mm, Bill Clinton was very impressive. I think he has great respect for Indians and the Indian democracy.
1942love: do you know some of your well known staff is bribed by the contractors to pass their bill at inflated price, I CAN NAME THEM.
AR : 1942, please send me the names of the contractors.
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