Categories
SME

Narmada Agrobase: Your money, Our debt

Source: DRHP filings of Narmada Agrobase

Amusing to see that the amount being raised in the IPO (7.48 Crores) more or less matches exactly with the debt on the books. (7.47 Crores)

Categories
Cartoon

Easy Peasy

Categories
ForecastingFolly

Forecasting Folly: 2017-18 Edition

Source: ET

Categories
Links

Linkfest: 04 April, 2018

Some stuff I am reading today morning:

Direct Tax Collections break records (BS)

Jio Payments Bank is now live (Quint)

Modi’s creative destruction (Mint)

I-T Department issues notice to Deepak Kochhar (ET)

89% of PSU Bad Loans are not recovered (Vivek Kaul)

Fortis-Manipal deal may run aground (MC)

Top Sectors by Market Cap (Calm Investor)

Trump’s war with Amazon gets personal (Vanity Fair)

Why do successful people fear being broke? (Rad)

49 Lessons from 49 Years (Get Rich Slowly)

 

Categories
Observations

2798 Reasons why Buyers will bid for Air India

Source: Kotak Research Report