Factcheck for investors

In India the financial investment market is still fraught with insider trading  and general company malpractices. Unlike US there werent many sites or information outlets where you can go and fact-check the companies. Now Indians too have an option (specially NRIs who most of the time have no clue about the Dalal street). Watchoutinvestors.com site provides lot of fact check services for the investors.

Their objective: -

Arms investors with a self-defense tool to protect themselves from entities and, wherever available persons associated with such entities, who have been indicted by a regulator for an economic default and/or for non-compliance of laws/guidelines and/or who are no longer in the specified activity.

They should add RSS support and community forum as well. Transparency and trust expedites transactions. Good initiaitve.