Source: Jignesh Mehta
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Bank Recapitalization
Source: Jignesh Mehta
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Linkfest: 21 Feb,2018
Some stuff I am reading today morning:
EPFO likely to announce 8.65% interest for EPF (FE)
Mr.Bond makes his voice heard (Mint)
Stock slide was just an appetizer for the real deal (Quint)
How Vikram Kothari conned 7 Banks (BS)
The uncertain financials of Firestone International (ET)
Stock Talk: Leel Electricals (RJ)
10 Questions for Arun Jaitley on Nirav Modi scam (NDTV)
What WhatsApp payments push means for PayTM (Mint)
The only safe way to buy the dip (DR)
The history of Punjab National Bank (Outlook)
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A Very Reliable Bear Market Indicator
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SME is where the action is
It is early days, but India has more than a million companies that potentially require capital.
SMEs create more jobs; so there is always the comfort that most of the money raised is actually going to companies, and they will use it to expand and create jobs.
I would be surprised if we don’t have 5,000 companies listed in the next few years. Every moment there are 50-60 companies in the pipeline.
One of the issues hindering the growth of SME listing is the worry of promoters that their companies will be taken over. But we hope that these 220 pioneers that are now listed will become role models.
–said Ashishkumar Chauhan, MD of BSE
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Chart: Bears Circle India Stocks
Source: Bloomberg
