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Tweets

It’s different this time

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Realty

Jerry Rao wants to give you 15% assured returns

Jerry Rao is a well-known entrepreneur most famously known for starting Mphasis.

His latest venture is Value and Budget Housing Corporation (VBHC) of which he is the Executive Chairman

I was surprised to get this offer from VBHC which promises the investor an assured return of 15%

[gview file=”https://alphaideas.in/wp-content/uploads/2015/07/Chennai-Investment-Scheme-V1.pdf”]

Basically, VBHC is using the credit profile of the Investor to get itself low cost HFC funds.This is surprising as only last year, VBHC had raised funds from pedigreed investors like Carlyle group and IFC.

What happened Jerry?The money ran out?

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Links

Linkfest:July 23,2015

Some stuff I am reading today morning:

SEBI busts Billion $ tax-evasion shops in the stock market (FE)

Gasoline-powered cars are toast (Bloomberg)

ex-Infosys CFO thinks odds against Infosys turnaround (MoneyControl)

Equity fund inflows hit record (ET)

Nomura research report:HDFC Bank (MyIris)

How Dolly Khanna got out of Hawkins Cookers (RJ)

Syngene:Premium valuations for outsized opportunity (BS)

Why shouldn’t you call your investors dumb (Bloomberg)

Market timing with value and momentum (Alpha Architect)

The sugar collapse is more dramatic than the gold collapse (Telegraph)