Categories
CoatTailing

Bank Of India shows which stocks to avoid

When a PSU Bank holds equity stakes in a company, it is usually because the company has defaulted on its loans and the Bank is forced to take equity as part of the debt restructuring arrangement.

This portfolio of Bank Of India perfectly illustrates this:

Symbol Entity # of Shares % Date End
3IINFOTECH BANK OF INDIA 8933208 1.55 201406
AICHAMP Bank Of India 480200 1.75 201406
CRANESSOFT BANK OF INDIA 11291723 9.59 201406
EUROCERA BANK OF INDIA 1023751 3.03 201406
GTL BANK OF INDIA 6099512 3.88 201406
GTLINFRA BANK OF INDIA 78160268 3.38 201406
KFA BANK OF INDIA 8723635 1.08 201406

 

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Categories
Cartoon

How to measure portfolio performance

Categories
Video

Faber:I expect a big stock selloff in the fall

Categories
Links

Linkfest:Aug 08,2014

Some stuff I am reading today morning:

Ajay Piramal Group may buy into IL&FS (ET)

Raymond Bickson quits as Indian Hotels MD (BS)

Airtel offloads 4.5% stake in Bharti Infratel (BL)

A stock is a product or a good (Safir)

Google is now the largest holding of PPFAS Mutual Fund (RJ)

Review:HDFC Click2Protect Plus (GoodMoneying)

Fired managers outperform hired managers (TRB)

Ignore yield (AlephBlog)

How to prepare yourself for the end of QE (DailyReckoning)

Investing by the pool (CrossingWallStreet)

Categories
History

The West doesn’t give a damn

The recent massacres of Christians and Yazidis in Iraq by Islamic Militants reminds me of the Bangladesh War when Bangla Hindus were butchered by the Pakistani Army.

This interview of Indira Gandhi reveals how clueless and indifferent the West was to their plight…just as they are now.