Author: Raoji
Linkfest:July 21, 2014
Some stuff I am reading today morning:
Govt to clear air on Insurance FDI (ET)
FTIL to sell 15% stake in MCX to Kotak Mahindra (Mint)
As RBI opens floodgates,get ready for Railway Bank/Airtel Bank (FirstBiz)
Real Estate:Getting REIT right (FE)
How to generate retirement income for parents (GoodMoneying)
Do not put Rs.1.5L in PPF (FreeFinCal)
From physical shares to demat (BS)
Contrarianism-Why 1 Million Lemmings could be wrong (TheEscapeArtist)
Cliff Asness:Be realistic of 2.5% Real Returns (AlphaArchitect)
How two men won Tawang for India despite Nehru (JSircar)
Amazing World Cup Montage
Weekend Mega Linkfest: July 18,2014
Some off beat reads for the weekend:
The downing of MH17-A precedent for the World’s battlefields (Atlantic)
How Russian hackers stole the NASDAQ (BusinessWeek)
Booming until it hurts (RobertShiller)
Fear & Foreboding in South Block (Open)
An Israeli shot in India’s arm (Tehelka)
Taking the taste of Bikaner global (ForbesIndia)
How Actors were transformed into Apes (Smithsonian)
Why do we have blood types? (Mosaic)
The Craigslist Killers (GQ)
If Bollywood Directors had directed the “Dawn of the Apes” (UnrealTimes)
Travelogue:Conquering the Marsimik La (TeamBHP)
How I write (WilliamDalrymple)
Goodbye Yahoo Chat ! Goodbye Orkut ! (GreatBong)
What is the biggest misconceptions Indians have about India? (Quora)
Jains want Palitana to be declared a vegetarian zone (Outlook)
(Disclosure:I am market making in the shares of ICICI Pru Life)
As the table below shows, ICICI Pru Life is the most profitable life insurer in India, beating even the giant LIC in profits.
Life Insurer | Profits (In Crores) |
ICICI Pru | 1496 |
LIC | 1437.59 |
Bajaj Allianz | 1285.64 |
SBI Life | 622.17 |
HDFC Life | 451 |
Kotak Mahindra Life | 189.74 |
Source: IRDA (figures are for 2012-13)