Value investing legend Seth Klarman says it’s essential to avoid losses while making investments, as losses are the essence of risk and investors should venture into risky securities only when the risk-reward ratio is clearly in their favour.
The company had clocked a loss of Rs 20 crore in the year-ago period. Its total income rose to Rs 830.9 crore from Rs 781.6
The regulator imposed this restriction as a temporary measure after discovering that Axis Capital had essentially guaranteed the redemption of NCDs under the pretence of
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