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Happily Ever After
Author: Raoji
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Linkfest: 19 September, 2019
Some stuff I am reading today morning:
IIFL Wealth to list today (BS)
Govt should not give in to temptation of stimulus (D Subbarao)
Supreme Court responsible for the economic slowdown (Harish Salve)
Saudi Arabia blames Iran for attacks (Zero Hedge)
NCLAT keeps Bakshi deal with McDonalds on hold (BS)
Why MNC pharma stocks are beating Indian peers (Mint)
London overtakes Mumbai in rupee trading (BL)
India’s dessert market is changing (Forbes)
Search for stocks with ‘cheap optionality’ (Thomas Braziel)
Insights on VC Pricing (Aswath Damodaran)
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FMCG: Worst in 15 Years
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Mega Trend: India Textiles Market
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U Gro Capital: First We Grow
Hat Tip: Equi Alpha
Sachindra Nath is the Executive Chairman & Managing Director of Ugro Capital Ltd
He also is a Director/Promoter in various other Entities including Poshika Financial Ecosystem Pvt. Ltd
Now what is amusing is that Poshika Financial Ecosystem Pvt. Ltd. received 24.5 Cr from Ugro Capital as advisory and fund raising charges ! Basically, when Ugro was meeting investors and raising money, Sachinder Nath’s private Co raked in the moolah too
Now Nath has defended this with the following tweet:
As Bhavik Mehta points out, the information on this in the public domain is meagre
