Categories
Banks

RBL Bank’s Abridged Audited Financials 2013-14

(Disclosure:I am market making in the shares of RBL Bank)

[gview file=”https://alphaideas.in/wp-content/uploads/2014/05/Abridged_Audited_Financials_2013-2014.pdf”]

Categories
Cartoon

Why the Bull and the Bear

Categories
Links

Linkfest:28 May,2014

Some stuff I am reading today morning:

Mark Mobius: Its a bull market,it will continue (ET)

Cafe Coffee Day planning IPO (Mint)

Set off losses against other income heads (FE)

Caution advised on realty stocks rally (BS)

Nifty performance Vs PE Ratio (Prashant)

How to make your bank locker 10 times more secure (JagoInvestor)

On how to be valuable in the investment business (Aleph)

Investing using P/E Ratios and earnings yields (Greenbackd)

Nostalgia will keep India’s Ambassadors on the roads (Quartz)

The “why” of war (BillBonner)

Categories
History

Why Babasaheb Ambedkar refused to draft Article 370

When Nehru directed Sheikh Abdullah to
consult Ambedkar (then Law Minister) to prepare the
draft of a suitable article to be included in the
Constitution, Ambedkar refused to oblige.

His words on the occasion are worth their weight in gold:

“You want India to defend Kashmir, feed its people, undertake its all-round development and give Kashmiris equal rights all over the country. But you do not want the
rest of India and Indians (to have) equal rights in
Kashmir. I am (the) Law Minister of India, I cannot
betray my country.”

Given Ambedkar’s principled stand,Article 370 was drafted by Gopalaswami Iyengar, a State Minister.-from IMC India

Categories
Quotes

Ben Graham on what causes chief losses to investors