In an interesting turn of events, Indian equity brokers are turning themselves into real estate brokers.
Not a day goes by, when one does not get an email from brokers hawking a real estate project.
Some of the equity brokers who have become very active realtors are ICICI Direct, Kotak, Karvy, SMC, Indiabulls etc
It would be interesting to see how much of their income comes from realty brokerage as opposed to equity brokerage
This post is in continuation of my coat tailing series (see here).
Prof. Mankekar is a well known celebrity investor in the Indian Capital Markets.The investments of the Mankekar family are in the name of Prof Mankekar, his wife Laxmi and his son Kedar. (Prashant has pointed out that some investments are made in the name of Om Kedar Investments also)
His latest holdings as on Sept 2012 as per stock exchanges websites is given below:
| Company Name | Entity Name | # of Shares | % |
| Wockhardt | Laxmi Shivanand Mankekar | 2175506 | 1.99 |
| MT Educare | Laxmi Shivanand Mankekar | 1058015 | 2.68 |
| MT Educare | Shivanand Shankar Mankekar | 882489 | 2.23 |
| Shasun Pharma | Shivanand Shankar Mankekar | 2100000 | 3.81 |
| Strides Arcolab | Shivanand Shankar Mankekar | 2215163 | 3.77 |
| Claris Lifesciences | Shivanand Shankar Mankekar | 1132033 | 1.77 |
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Some stuff that I am reading today morning:
Mohnish Pabrai:What I learned from Warren and Charlie (MotleyFool)
How long will the courts humor Sahara group? (FirstPost)
Why Bob Dhillon is betting on Indian real estate (ET)
Investing risks in 2013 (Mint)
Arshiya International: Zero stock target (SaanpAurSeedi)
Portfolio Construction (AltaisAdvisors)
Family Floater health insurance in India (OneMint)
India’s empty democracy can’t protect it’s people (Bloomberg)
Bernie Madoff:Insider trading is nothing new (CNBC)
A shocking death, a financial lesson (NYTimes)
Source PCMag