Author: Raoji

Categories
Links

Linkfest: July 04, 2017

Some stuff I am reading today morning:

Interview with Rakesh Jhunjhunwala (ET)

Mutual Funds aim at 5 fold increase in assets by 2025 (BS)

The changing face of life insurance in India (Mint)

GST is not the last of Modi’s reforms (Bloomberg)

Stock Talk: Aditya Birla Financial Services Ltd (Amit Jeswani)

Difficulty of doing business (Subramoney)

Value Investor Interview: Brent Beshore (Safal Niveshak)

The most important item while analyzing a Balance Sheet (Katusa)

Two Confusions (Seth Godin)

Is 44$ oil a bargain if Saudi-Iran war is inevitable? (DR)

Categories
CoatTailing

Portfolio of Ajay Upadhyay

This post is in continuation of my coat tailing series (see here)

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Ajay Upadhyay is a well known investor in the Indian equity markets.

His significant portfolio holdings as on 31 March,2017 as per stock exchanges is as given below:

Company Name NSE Symbol/BSE Code Entity % Value (In Crores)
Asian Oilfield Services Ltd.
 530355 Ajay Upadhyaya 1.15 5.73
Genus Power Infrastructures Limited GENUSPOWER AJAY UPADHYAYA 1.05 13.01
Navin Fluorine International Limited NAVINFLUOR AJAY SHIVNARAIN UPADHYAYA 2.03 59.9
Sathavahana Ispat Limited SATHAISPAT Ajay Upadhyaya 2.16 4.78
Visaka Industries Ltd VISAKAIND AJAY UPADHYAYA 2.24 17.85
Categories
Observations

Nani Palkhivala’s Dream finally comes true

Nani Palkhivala was one of India’s greatest sons-a top class lawyer, speaker, writer and a foremost authority on taxation.

One of his biggest peeves was Octroi in Mumbai. In his own words: “It is the only impost which taxes the people to a tolerable extent in terms of money and to an intolerable extent in terms of time and energy.”

He gave many lectures against it and tried hard to get it scrapped….but in vain.

The BMC-Politician corruption nexus was too strong for him to break.

On 01 July, 2017…his dream finally came true.

With the rollout of GST,  octroi in Mumbai (and elsewhere) was finally abolished.

He would be smiling from the heavens.

Categories
Tweets

3 words of advice from Manish Chokhani

Categories
Links

Linkfest: July 03, 2017

Some stuff I am reading today morning:

Businesses race to adapt to GST (Mint)

Equity brokers scramble to avert shutdown (BL)

The unsung heroes who made GST a reality (ET)

Why this is Indian IT Industry’s Kodak moment (Ravi Venkatesan)

Don’t underestimate India’s cunning Narendra Modi (Forbes)

Modi in Israel (Bharat Karnad)

Picking up nickels (Pension Partners)

10 best ways to ruin your financial future (Nocturne Capital)

Why we are keeping our old car for atleast 2 more years (Pete)

There is no such thing as  an Einstein Investor (Robert Shiller)