Categories
Links

Linkfest: March 21,2017

Some stuff I am reading today morning:

Behind the scenes story of Voda-Idea merger (ET)

Punters,leveraged HNIs nervously eye DMart listing today (Money Control)

Amazon’s attempts to break into the grocery market (Mint)

Cognizant may slash more than 10,000 jobs (BS)

India hunts for solution to bad debt crisis (Bloomberg)

These people belong to casinos,not markets (TRB)

The risk of a crash has never been higher (Pension Partners)

Be willing to do the grunt work if you want to be rich (FS)

The dirtiest word in Finance: Market Timing (Alpha Architect)

Using debt like growth equity (A VC)

Categories
Plug

Pre IPO : HDB Financial Services

HDB Financial Services is the Financial Services arm of HDFC Bank.

It’s latest Financial Results can be downloaded from here.

A very limited quantity of its shares are on offer for sale.

For those interested,please email me at Alpha Ideas

Categories
Links

Linkfest: March 20,2017

Some stuff I am reading today morning:

Domestic bourses braces for Yogi ripples from UP (ET)

India MCap to GDP ratio nears 100 (Money Control)

How to sound like a stock market expert (VRO)

Adani to begin mining Australian coal by 2020 (Bloomberg)

IPO Review: C L Educate (SP Tulsian)

Why Basant Maheshwari is bullish on PNB Housing (RJ)

3 Surprising Ways language affects Net Worth (Morningstar)

Uberization of Finance (Prof. Varma)

Showing up (Seth Godin)

Long Term investing is about saving yourself from yourself (FS)

Categories
TopClicks

Top Clicks on Alpha Ideas This Week

Here are the most clicked on items this week on Alpha Ideas :

Best IPOs in the last 15 years (AI)

Two Stock Ideas that will create wealth (ET)

S Naren: History is on the side of Indian Equities (Bloomberg)

Lessons from Raymond-Bharat Patel fracas (MoneyLife)

Trendspotting in Stocks (Bala)

Top 5 Holdings of Nalanda in India (AI)

How Mrinal Singh manages his portfolio (MorningStar)

Radhika Piramal’s plans for VIP Industries (Forbes)

Interview with Porinju Veliyath (Quint)

Nifty 9000 se 9000 tak (AI)

Categories
BookReview

Book Review: My Journey with Vada Pav

I love reading books written by Indian entrepreneurs as they bring to life the challenges and difficulties of operating a business in India.

The book My Journey With Vada Pav written by Venkatesh Iyer is the story of Goli Vada Pav-a chain of 350 Vada Pav stores across 90 Cities in 21 States.

The book is written in a very light and breezy style and narrates in a humorous way the challenges and pitfalls the author faced while building up his business.

There are many interesting anecdotes of how Venkatesh built his brand, built his logistic and manufacturing partners,his franchise network and so on.

One anecdote that I found very amusing was this:

A franchise owner calls up the Central Kitchen to complain that the Vada has a small stone in it.

The phone is picked up a very junior kitchen staff who after listening to the tirade replies: “Panch rupay ke vada mein patthar nahin to kya heera milega !”

The book also highlights how political risk can destroy a business in India-the business was almost killed owing to political douchebags.

Feeling hungry after reading this book…off to get myself a Vada Pav !