Some stuff I am reading today morning:
RBI MPC meet today (Mint)
Oil goes below $90 (Oil Price)
Competition heats up for India oil market (BS)
Bank of England raises interest rates by 50 bps (MC)
SEBI orders forensic audit of Future Retail (BT)
The Religion of Speculation (Young Money)
You don’t need to know what a company does (Onveston)
Reality catches up (Morgan Housel)
Crypto: Scaling Ethereum (ZH)
2Q 2022 Letter to Investors (Greenlight Capital)
Some stuff I am reading today morning:
PLA drills around Taiwan to continue (Global Times)
DRI detects custom duty evasion of Rs. 2,217 Cr by Vivo India (Fortune)
Shipping firm Maersk warns of weak global demand (CNBC)
What will make Indigo earn profits? (MC)
Spicejet up for sale (Money Life)
Uber sells entire stake in Zomato (BS)
Lockin expiring for internet stocks (BT)
Pet food category turns profitable for FMCG cos (FE)
Crypto: Solana Wallet hack (Decrypt)
Investor Memo on 10th Anniversary (Sage One)
Some stuff I am reading today morning:
China vows military operations around Taiwan (SCMP)
Changes to windfall tax (MC)
Uber to exit Zomato in 3,300 Cr block deal (FE)
Gujarat’s Chiripal Group under IT scanner (Money Life)
ED probing crypto exchange WazirX for money laundering (BT)
Adani Enterprises becomes 4th Adani co to cross 3L Cr market cap (BS)
The turnaround of Yash Pakka (Forbes)
What ails Byju’s? (Fortune)
4th Anniversary Newsletter to Investors (Aurum Capital)
Q2 2022 Letter to Investors (Massif Capital)
Wishing everyone on the auspicious day of Nag Panchami
Some stuff I am reading today morning:
Govt garners record 1.5 Trillion Rs from 5G spectrum auction (BS)
Reliance’s plans to roll out India’s most advanced 5G network (BSE)
Pelosi may visit Taiwan today (CNBC)
5 possible Chinese Military responses to Pelosi Taiwan visit (ZH)
FPIs return to Indian equities (FE)
Thread: Fluoro Polymers (Manoj Krishna Reddy)
Q2 earnings takeaway from cloud hyperscalers (SSI)
How the weakening rupee is impact study plans in the US (Forbes)
Breaking points (Ted Lamade)
How Russian Oil is making its way to Asia (Oil Price)
Some stuff I am reading today morning:
No ITR deadline extension (BS)
RBI to hike rates by 25-35 bps (MC)
Parle Products tops most FMCG categories (Rediff)
Prashant Jain: The legacy (Fortune)
Is Crypto Ban possible in India? (BW)
Lessons from investing in my son’s future for last 12 years (Free Fincal)
The fundamental problem for every investment adviser (Klement)
Staying rich (Humble $)
China issuing ‘red lines’ statements about China (ZH)
German cities begin turning off lights to save energy (Oil Price)