The Finance Minister is expected to make an announcement today evening regarding recapitalization of PSU Banks.This cartoon comes to mind.
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PSU Banks in Focus
PSU Banks are in focus on the news of govt intending to recapitalize them as they are holding back investments due to weak capitalization. pic.twitter.com/TO3JaZmazL
— Abhishek Kothari (@kothariabhishek) September 22, 2017
Source: DRHP of Mahindra Logistics Ltd
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Linkfest: October 24, 2017
Some stuff I am reading today morning:
N Chandra’s quick moves at the Tata Group (ET)
The untold story behind IndusInd-BharatFin merger (Mint)
Diwali Sale is yet to come to the markets (Bala)
Poor showing by pharma stocks (BL)
NBCC: Building India (Forbes)
How the real rich are different (Subramoney)
Over bought (Credit Writedowns)
What’s in store for gold? (Katusa)
Crypto Currencies could be worth $200 Trillion one day (Altucher)
On Time’s role in investing (Of Dollars & Data)
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Clear Communication
