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Excerpts

Karma in India

If the due process of law was followed  in time then Vijay Mallya would have been history by now !….the irony is that the victims,the KFA Employees ( a captain on a panel voiced this) want him free so he’s able to pay them their dues….for if he goes behind bars so goes their hopes!….

a stock market scamster comes to mind who was arrested & convicted as he owed the  banks heavily but has been on bail  on an Apex Court Appeal now pending for years and has been able to repay the Banks despite his accounts being frozen ! ~ tacit!? …think about it !….manipulated & rigged stocks & got into trouble….then manipulated & rigged stocks again to repay !….the World is round indeed !

wrote Gaurav

Hmm…maybe NSEL victims should plead for Jignesh Shah’s release !

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Ads Video

Break the Bias

The Titan Ad that has gone viral.

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Links

Linkfest: March 09,2016

Some stuff I am reading today morning:

Govt buries EPF tax (BS)

Govt to divest 5% stake in Container Corp (Mint)

IRFC 7.64% Tax Free Bonds (One Mint)

JP Associates fails to pay interest (FE)

Congress can block legislation only till July 2016 (ET)

Legislative risk in PPF (Subramoney)

Shame on the banks who lent to Mallya (Gaurav)

ICICI Direct Research:Top Stock Picks (RJ)

Ranbaxy Whistle-blower takes on ‘Made in India’ (Bloomberg)

Bottom Fishing and new Bull Markets (Common Sense)

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Plug

Pre IPO Opportunity in the shares of ICICI Lombard

ICICI Lombard is India’s largest private player in the general insurance space (auto,health,travel etc)

The Annual Reports of the Company can be obtained from here and the latest disclosures from the company can be obtained from here.

Fairfax recently bought a stake in the Company valuing the Company at 17,225 Crores or around 390 Rs/share

A limited quantity of its shares are on offer for sale at a significant discount to this valuation.Kindly note that you need a NSDL demat account to avail this offer.

For those interested,please email me at Alpha Ideas.

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Humor Image

Meanwhile,the retail investor…