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Links

Linkfest: 26 March, 2018

Some stuff I am reading today morning:

A letter that is spooking ICICI Bank shareholders (Arvind Gupta)

Trade wars will lead to economic crisis (Robert Shiller)

IPO Review: Lemon Tree Hotels (Quint)

Stock Talk: Advanced Enzymes (Dhruva Pandey)

Hiranandanis to invest 3500 Cr in oil & gas sector (Mint)

Mutual Fund advisers are leeches (Mystic Wealth)

How Chinese trade secret theft nearly killed my company (CNN)

The last days of Whitney Tilson’s Kase Capital (IIAlpha)

What could you build with just $10,000? (Hacker Noon)

The Market Generals are dead (Zero Hedge)

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TopClicks

Top Clicks on Alpha Ideas This Week

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

Indian Hotel Industry at Inflection Point (AI)

Karda Constructions: Your money can hurt us (AI)

Which stocks to invest when Nifty breaks 10,000 (MC)

23,000 dollar millionaires have fled India since 2014 (ET)

ICICI Securities: Nailing the Cyclical High (AI)

Lemon Tree Hotels: Employees check out faster (AI)

Taylormade Renewables: Mind boggling assets (AI)

The Mystery that can shake the markets (AI)

When Mutual Fund CEOs get over-smart (Mint)

Stock Talk: Sintex Plastics (Dolly)

Categories
Links

Weekend Mega Linkfest: 23 March, 2018

Some off beat reads for the weekend:

How organised crime took over Russia (Guardian)

The Great British Tea Heist (Smithsonian)

Why the Rohingya can’t return (HP)

The Kurds keep remaking the Middle East (Atlantic)

Trump rolls the dice on China trade (ATimes)

The road out of Gwadar (Dawn)

Cutting ‘old heads’ at IBM (Pro Publica)

A moral reckoning in Silicon Valley (New Yorker)

The farmer’s long march to Mumbai (Rural India)

Road Trip: Prague & Germany (Team BHP)

Spoof: Saudi Prince & Jared Kushner (The Onion)

A Marathi Food movie with a caste problem (Arre)

Average intelligence on Earth has come down by 10 points (J Mathrubootham)

Stephen Hawking Diary (Outlook)

See if you can pass the FBI Special Agent test (Brightside)

Categories
Excerpts

The Mystery that can shake the markets

As the probe into the alleged Rs 13,400-crore fraudulent LoUs at Punjab National Bank widens, the family of a chief executive officer (CEO) of a top private bank along with the CEO has come under the scanner of the government’s investigative agencies, sources have told The Indian Express.

Sources said that probe agencies are looking into the role of the bank CEO’s family in connection with loans given to Gitanjali Gems Ltd promoted by Mehul Choksi. This bank is part of a consortium of 31 banks that extended loans and guarantees of Rs 5,280 crore to Gitanjali Group.

Sources said agencies are probing the alleged role of the CEO’s spouse in getting the loans approved by the private bank for Gitanjali Gems. For securing these loans, sources said, a commission was allegedly charged by the spouse. Sources said agencies are planning to summon this CEO in the first week of April for questioning.

-from Indian Express

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Cartoon

Prudence, Preparation & Panic