As per a Goldman Sachs report, local kirana stores are not the best format for India !
Smoking some awesome stuff…
Pointing to a shareholder, Anil Ambani said his interventions led to a one-year delay on the plan to merge with Aircel and added that the company will be writing to the regulators to ensure such “blackmailers” are not allowed into such forums.
Ambani also wondered whether these delays are motivated, fielded by corporate rivals, or based on merits.
“We are not in any situation here to be tortured, tormented or blackmailed by anybody. We will do our best, we have various options.
-from Mint
Some stuff I am reading today morning:
ICICI Lombard to list today (Mint)
This Value Picker doubles wealth every 2 years (ET)
HFCL : New bull market, old players, same shit (Money Life)
Industry Analysis: Luggage Industry (Equity Unravelled)
Why small businessmen in Gujarat are becoming financial speculators (Scroll)
Shareholders are super pissed off with Siddhartha of CCD (RJ)
Are your shares safe in your demat account? (Subramoney)
Ironman as a lesson for investors (DR)
Would you fire this fund manager? (Validea)
Value investing is dead,Long Live Value Investing (PragCap)
Nifty has fallen -2.75% from it's peak
These are some Balanced Funds which have beaten (fallen more) Nifty in this fall pic.twitter.com/0iw9SUPd0d— Nagpal Manoj (@NagpalManoj) September 25, 2017