Categories
Observations

Having the TaxMan as your fellow shareholder

I had blogged earlier as how PSU Banks owing equity stakes in companies are a red flag.

But it appears that there are some wonderful(!) companies out there which have the TaxMan as a significant shareholder !

Symbol Entity # of Shares % Date End
JVLAGRO Tax Recovery Officer 6 Kanpur 1700000 1.01 201406
MAGNUM LTD Tax Recovery Officer Range 9 Ahmedabad 71900 1.13 201406

Many Thanks to Vishal for pointing out Magnum Ltd

Categories
Video

Can the carry trade carry on?

Categories
Cartoon

7 Habits of highly successful people

Categories
Links

Linkfest:Aug 11,2014

Some stuff I am reading today morning:

The long term investor always comes out ahead of the short term trader (WP)

10 reasons India is better prepared for US monetary tightening (ET)

Mumbai’s real estate market becomes even more surreal(RiseofHindustan)

When do Active Investment Managers underperform and outperform? (BI)

Did the UPA mislead the country on the Bali pact? (Mint)

‘Kick’ Box Office collections at 300 Crores? (FE)

Power Stocks (BL)

Churlish Congress lets slip the dogs of war (Swapan Dasgupta)

What is 8K Miles and why is DSP Blackrock buying a chunk of it? (RJ)

Mutual Funds:Why Indians don’t invest (BeMoneyAware)

Categories
Letters

Sean Connery writes to Steve Jobs

Hat Tip Andrew Bloch
Steve Jobs asks Sean Connery to appear in an ad for Apple.Here is his reply: