Activity before investing and Stillness after investing – recipe for compounding! Crowds prefer the opposite
— Kalpen Parekh (@KalpenParekh) August 16, 2016
Linkfest: August 17,2016
Some stuff I am reading today morning:
NSE plans to list (Bloomberg)
Only Kumarmangalam Birla wants Grasim-Nuvo merger (OB)
Toyota India’s big small challenge (Forbes)
Beware of Insurance Comparison Portals (Basu Nivesh)
Restaurants back out from food tech startups (ET)
Ravi Jaipuria’s $5 Billion dream (Mint)
Here is proof banks mis-sell (Mint)
Blessed by Misfortune (Bill Bonner)
Successful investments have 2 things in common (DR)
Stick to your investing strategy (Cordant Wealth)
We may not be winning any medals at the Olympics but this survey over 500 Economists puts India at # 1
BSE to launch IPO before 31 March,2017
(Disclosure:I am market making in the shares of BSE)
BSE Ltd, India’s second-biggest exchange, plans to hire Axis, Edelweiss, Jefferies and Nomura as joint global coordinators for a $150 million initial public offering in India, IFR reported, citing two sources close to the transaction.
Deutsche Bank, Motilal Oswal and SBI Capital Markets will also be hired as bookrunners, reported IFR, a Thomson Reuters publication.
BSE will file a draft prospectus for the IPO by next month and plans to launch the offering before March 31, 2017, IFR added.-from Financial Express