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Greece votes ‘No’


Some stuff I am reading today morning:
Greece says ‘No’ (Guardian)
The uncanny similarity between Indigo and Jet’s IPOs (Mint)
Spanner in RBL Bank’s IPO wheel (ET)
Chabbria to acquire Tilaknagar Industries (BS)
Why I do not do Equity Advisory any more (Subramoney)
First Call Research Report:Rural Electrification (MyIris)
10 Worrying signs that your stock may be a value trap (Value Picks)
15 problems with real world portfolios (Common Sense)
The joy of portfolio boredom (Alpha Baskets)
The broker who saved America (TRB)
fund managers with 20 years of exp across cycles r evaluated on 3 year returns by ppl with 5 year exp 4 investors who hv 2 yr time horizons
— Kalpen Parekh (@KalpenParekh) July 4, 2015
Lalit Modi is in the news lately for his challenges to the establishment.
Check out his latest tweet:
My Q to #rahulgandhi and #robertvadra did you ever receive any hospitality from @lalitkmodi – and did u declare it to @INCIndia #lalitgate
— Lalit Kumar Modi (@LalitKModi) July 3, 2015
As a history buff,I am reminded of another fearless Modi-Lalit Modi’s grand father Rai Bahadur Gujarmal Modi :
“Gujarmul-ji was a fearless man.Once, a delegation from the sugar industry wanted to meet Morarji Desai when he was Prime Minister.Gujarmal-ji lead the delegation.
When the delegation went to meet Morarji-bhai,he,as was his habit,started preaching.Before he could finish, Gujarmul-ji started interrupting him.This went on for some time.Morarji-bhai continued in his inimitable style.
Gujarmul-ji then said, ‘Mr.Prime Minister,we have not come to meet Morarji-bhai.We have come to meet the person who is occupying the Prime Minister’s chair.We bow to the chair.So long as you are sitting in this chair we bow to you.Once you leave this chair we will never come to meet you’
Morarji-bhai found his match in Gujarmul-ji and fell quiet”
-from KK Birla’s autobiography “Brushes with History“
Some off beat reads for the weekend:
The Rahul Yadav story you’ve never heard before (Haresh Chawla)
Shibulal: 60 and Rebooted (Forbes)
Lessons for journalists from Lalit Modi (Newslaundry)
Dying lonely in Japan (R&K)
A Nepali taxi driver in Qatar (Wilson)
A world without work (Atlantic)
What do Rahul Yadav’s IIT friends say about him (Qz)
Auto Review: Hyundai Creta (Team BHP)
The future of emerging markets (Laura Tyson)
Did Sanjay Gandhi slap Indira Gandhi 6 times? (Scroll)
Nikki & Bobby come to town (Open)
Games Cricket Godfathers play (Outlook)
What Jackie Chan taught Will Smith (Forbes)
Indian miner Adani makes his case (Sydney Morning Herald)
Gandhi bumps (Media Crooks)
Snoop Dogg feels the bite of Parsi legal culture (Scroll)