Source: Bloomberg Quint
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Chart: The Great Commerical Paper Crash
Source: Bloomberg Quint
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Linkfest: 01 October, 2018
Some stuff I am reading today morning:
FPI outflow hits 4-month high (MC)
Midcaps,Smallcaps see biggest monthly fall since Oct 2008 (Rediff)
Brent crude oil hits 4 year high (Reuters)
IL&FS lenders tighten the screws (ET)
Mumbai police files case against 300 NSEL members (BL)
Chennai Motown rocked by labour unrest (DigitalFC)
Madhu Kapur Vs Rana Kapoor (Mint)
Taking from the poor and giving to the rich (Amit Varma)
Undervalued financial advice (Common Sense)
4 financial laws for kids (Humble Dollar)
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Top Clicks on Alpha Ideas This Week
Here are the most clicked items on Alpha Ideas this week:
DHFL: Copy Paste Unprofessionalism (AI)
S Naren on Midcap Valuations (AI)
Bandhan Bank: Dhoka Aur Dhulai (AI)
Is Kotak next? (Hemendra Hazari)
A tight slap to a Sarkaari issue (AI)
Ranaji Maare (AI)
IL&FS : High Price for incompetency (AI)
IL&FS Dominoes set to bring house down (Digital FC)
Why Arvind’s Demerger got held up (AI)
How Leel Electricals screwed minority shareholders (Evernote)
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Weekend Mega Linkfest: 28 September, 2018
Some off beat reads for the weekend:
The London Banker who broke the world (Guardian)
On the Aadhar verdict (Jaggi)
Sexual assault by Nana Patekar (Tanushree Dutta)
How Russia swinged the election for Trump (New Yorker)
How Aung San Suu Kyi lost her way (Atlantic)
Ukraine: Peace via assassinations (ATimes)
Dying alone in Japan (SCMP)
The Cartel next door (Texas Monthly)
Travelogue: Quebec (Team BHP)
The mysterious death of Lal Bahadur Shastri (Anuj Dhar)
Why is Mr. Mathrubootham hungry? (J Mathrubootham)
How Pachisi became Ludo (Madras Courier)
3 Pakistani Startups (Dawn)
Mumbai Notebook (Anil Dharker)
East India Company: Founders of Bombay (Mint)
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Ranaji Maare
Rana Kapoor of Yes Bank sent out a startling series of tweets today
This somehow reminded me of a lovely song called Ranaji from the movie Gulaal whose lyrics can be changed to suit the current situation
Haayeee ranaji maare gusse mein aaye,
Aiso balkhaaye, agiya barsaaye,ghabraaye marro chein,
Ranaji maare…
Ranaji maari Kotak, Puri ke taane,
Ranaji maare Romesh, Ahuja ke baani,
Ranaji thaape bhoot paret ki chaaya,
Haiii ranaji thaape ill bill jinn ka saaya,
Ranaji maare..
Heyyy Board ko dear bole, Beti ko Family Office bole,
Maange hai extension badi, maange hai salary badi,
Maange hai kursi badi, stock badi,
Jaise NPA ki, jaise NPA ki,
Jaise NPA ko ignore ke ban gaye HDFC Bank
Ranaji maare..
Ranaji Madhu ko Bank se bhagaye
Pooche to bole unfit hai haii
Ranaji bole mujko de do extenstion
Mujko De Deo Extension, haii haii haii
Kyunki yeh dil maange more,
More RBI ,more RBI ,more RBI
Ranaji maare..
Bank to beech bajariya haii badnaami ho gayi,
Bank to laal chunariya, saram se dhaani ho gayi,
Bank to dhak dhalk howe, jo jo beete re,
Jaise har ek baat pe, jaise har ek baat pe,
Jaise har ek baat pe bina kisi ke RBI peeche pade
Jaise bina baat Investor ka, jaise bina baat Investor ka,
Baj gaya bhaiya band,
Jaise bina baat Investor ka baj gaya bhaiya band,
Ranaji maare…
The original song can be viewed here: