RBI has extended the due date for exchanging the Pre-2005 notes to 01.01.2015.Now person having pre-2005 notes can exchange the notes from nearest bank branch till 01.01.2015.Further these note shall be valid legal tender till further orders can be used in market in normal course.
He is rated among the country’s top stock market investors, having made his fortune by identifying shares of multinational FMCG companies when they were going cheap in the 80s.
Now 85, Chandrakant Sampat looks at capital markets in general with a sense of foreboding, his belief in capitalism having been shaken by the events of the past few years.
And he has thrown his lot with the camp of economists and market participants who believe that easy money policies of central banks and unbridled consumerism has set the stage for increased social and financial turmoil in the days ahead.
tax 'N' accounts people
Tarun Kumar Gupta
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