Shockingly indiscreet comments by Nawshir Mirza, Independent Director, Tata Power in today’s ET
Chart: US Venture Returns
Hat Tip:Brent Beshore
Linkfest: November 09, 2017
Some stuff I am reading today morning:
Dubai real estate-The promised land for Indian investors (MC)
BharatFin-IndusInd spread offers trading opportunity (ET)
Arvind’s demerger plan (Mint)
HDFC Life to have muted listing (BL)
Foxy Funds, Sneaky Answers (Amit)
How Amazon could upend the pharmacy business (Quint)
Luxury Market: Indians are not label whores (Vir Sanghvi)
Fang Futures (Macro Tourist)
Never do that again (Morgan Housel)
Considerations for cashing out of the stock market (Ben Carlson)
National Peroxide reported a profit of around 48 Crores last year.
Now it turns out,one of their employees embezzled 36 Crores !
Source: Nov 08, 2017 Exchange Filings of National Peroxide
Considering that National Peroxide is such a small company, one wonders about the quality of internal audits at other Wadia Companies like Bombay Dyeing,Brittania, Go Air etc !
Portfolio of Sequoia Capital in India
This post is in continuation of my coat tailing series (see here)
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Sequoia Capital is a legendary PE firm known for having backed Apple, Google etc
Its listed holdings in India as on 30 September,2017 as per stock exchanges is as given below:
| Company Name | Symbol | Entity | Value (In Crores) |
| Just Dial Ltd | JUSTDIAL | SEQUOIA CAPITAL INDIA GROWTH INVESTMENT HOLDINGS I | 43.66 |
| Quickheal Technologies Ltd | QUICKHEAL | Sequoia Capital India Investment Holdings III | 70 |
| Ujjivan Financial Services Ltd | UJJIVAN | SEQUOIA CAPITAL INDIA INVESTMENTS III | 160.48 |


