Category: Observations
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The Govt Quoting Scriptures
Hat Tip : JD
Source: Economic Survey 2018-19 of India
Reminds me of these lines by Shakespeare
“The devil can cite Scripture for his purpose.
An evil soul producing holy witness
Is like a villain with a smiling cheek,
A goodly apple rotten at the heart.
O, what a goodly outside falsehood hath!”
― William Shakespeare, The Merchant of Venice
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Strange are the markets
B K Birla passed away today at the ripe old age of 98.
Om Shanti, Om Shanti, Om Shanti
What is interesting is the reaction of the markets to the two companies he was Chairman of – Century Textiles and Kesoram Industries
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Britannia: Not a Good Day
Today, there were rumours of Britannia’s MD Varun Berry resigning.
The stock price started tanking and Britannia came out with a clarification denying the same.
What is amusing is that when the stock price didn’t recover, they issued the same clarification again to both the exchanges !
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What a difference a decade makes
