Categories
Links

Weekend Mega Linkfest: 28 December, 2018

Some off beat reads for the weekend:

The Rise, Lean and Fall of Sheryl Sandberg (Buzz Feed)

Happiness Vs Satisfaction (Daniel Kahneman)

Sikh Militancy 2.0 (Swarajya)

Being a Punjabi (Open)

Being Assamese (Outlook)

How 2018 smashed Bollywood’s Star Concept (DailyO)

2018- The year of maximalist weddings (Supriya Nair)

‘The Apprentice’ resurrected Trump (New Yorker)

Confessions of a HK Expat teacher (SCMP)

What military service taught me about America (Guardian)

The Shah of Iran’s ultimate party (Madras Courier)

The real Chanakya (Gossip Guru)

The search for Mrs. Sen (Aarefa Johari)

St. Thomas Cathedral : 300 years of Christmas (Mint)

In Photos: Jobs in 19th Century India (QZ)

Categories
Exchange Filings

Hubtown : How to lose 23 Cr in 10 Days

Hat Tip: R Joseph

On 14th Nov, 2018 at 13:02 pm, Hubtown Ltd announced to the Exchanges that it had acquired 51% of a company called eCommerce Magnum Solution Ltd for a consideration of 48.19 Crores

Interestingly, this Company has Zero Revenues.

A mere two hours later, on 14 Nov, 2018 at 15:13 pm, Hubtown Ltd announced to the Exchanges that it had sold all the shares so acquired for 25 Crores , thus incurring a loss of around 23 Crores in ten days.

Categories
Tweets

Akash Prakash: Foolish Strategy

Source: Kush Katakia

 

Categories
Links

Linkfest: 28 December, 2018

Some stuff I am reading today morning:

FIIs abandon India (Mint)

eCommerce food companies under scrutiny (ET)

Fund raising in Capital Markets have tanked (BL)

Lemon Tree, Warburg Pincus to develop co-living platform (BQ)

Vistara: Mission International (Fortune)

What they don’t teach you anywhere (Samir Arora)

Not a great year for MF industry (FC)

Trends that hit banking sector in 2018 (MC)

Zero Fee Index Funds (Quartz)

Stealth Wealth (White Coat Investor)

Categories
Cartoon

Believe

“Our guest today is Santa Claus, who will tell us never to stop believing in Santa Claus rallies.”