IDFC to bring global partner aboard: "IDFC?s executive director Vikram Limaye told ET the firm was looking at a strategic partnership ?to either manage the fund or advise foreign flow of funds into the Indian equity market?. He declined to give details."
IDFC is a very good long term bet. It would give atleast 10 to 20% annually compounded... If it reaches 140 to 150 again it is good to accumulate. I hold it from when it was in 75Rs mark during 2009 fall... keep buying on dips...
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