OLD: Investments are subject to market risk, pls read offer doc carefully
NEW: Invsts r subject to market risk, pls read whatsapp carefully— Darshan Mehta (@darshanetnow) August 12, 2016
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Linkfest: August 12, 2016
Some stuff I am reading today morning:
Aditya Birla to merge Nuvo,Grasim (Mint)
2 metrics that identify market beating stocks (Saurabh Mukherjea)
Real estate investing in India (80-20 Investor)
FINO Paytech: The people’s bank (Forbes)
Direct plans now 40% of Mutual Fund Assets (BS)
Automated stock analysis (FreeFinCal)
The single most important factor in resource stock analysis (Katusa)
Insider trading isn’t what you see in the movies (Bloomberg)
Why even the best investing advice maybe wrong (Market Watch)
Taming the Momentum Roller Coaster (AA)
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Open Secret
How come AB Nuvo, Vedanta, Cairn stock prices surged 50-100% in 1-2 months ahead of these IMP merger announcements?
— Varinder Bansal (@varinder_bansal) August 11, 2016
Sunil Munjal, the joint managing director of Hero MotoCorp between 17 August 2011 (when he was named to the post) and 16 August 2016 (when he will step down), was barely involved in the firm’s day-to-day operations. None of the company functions reported to him. He was rarely seen at press conferences organized by Hero.
However, he was present (as was the entire Munjal family) at important milestones reached by Hero MotoCorp such as the unveiling of the company’s brand in 2011 or during the inauguration of Hero’s research and development centre in March.
Between 2011-12 and 2014-15, he received Rs.131.08 crore as remuneration as the company’s joint managing director, according to company’s annual reports. At least 60% of the total remuneration came between 2013-14 and 2014-15.-from Mint
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RBL Bank Employees hit the Jackpot
The public issue of RBL Bank opens between 19 August,2016-23 August, 2016 with a price band between 224-225 Rs/share.
RBL Bank has a very generous ESOP program which can issue Stock Options upto 12 % of the Bank’s Equity.
As such,employees are keenly awaiting the listing as it will convert many of them into multimillionaires
Some key employees who will be laughing all the way to the Bank (literally !) are:
| Name of Employee | # Of Options Granted | # Of Options Exercised | # Of Options Outstanding | Value (In Crores) |
| Vishwavir Ahuja | 5,252,900 | 3,021,670 | 2,231,230 | 118.19 |
| Rajeev Ahuja | 3,502,900 | 1,927,670 | 1,575,230 | 78.82 |
| Shanta Vallury | 1,271,900 | 753,130 | 518,770 | 28.62 |
| Naresh Karia | 1,028,400 | 553,730 | 474,670 | 23.14 |
| R Gurumurthy | 1,852,250 | 1,071,065 | 781,185 | 41.68 |
| Joginder Singh Rana | 970,650 | 790,895 | 179,755 | 21.84 |
| Andrew Gracias | 1,851,650 | 820,495 | 1,031,155 | 41.66 |
| Manoj Rawat | 802,150 | 297,425 | 504,725 | 18.05 |
| Satish Dhawan | 646,650 | 389,195 | 257,455 | 14.55 |
| Sandeep Thapliyal | 796,100 | 586,700 | 209,400 | 17.91 |
| Surinder Chawla | 886,100 | 484,200 | 401,900 | 19.94 |
| Sanjay Sharma | 426,100 | 189,200 | 236,900 | 9.59 |
| Harjeet Toor | 951,100 | 352,700 | 598,400 | 21.40 |
| Rana Vikram Anand | 750,000 | 381,300 | 368,700 | 16.88 |
| Sunny Uberai | 460,500 | 186,500 | 274,000 | 10.36 |
| Rajeev Dewal | 225,500 | 20,000 | 205,500 | 5.07 |
| Amareesh Gulati | 700,500 | 150,000 | 550,500 | 15.76 |
| Neeta Mukerji | 650,000 | 0 | 650,000 | 14.63 |
| Brijesh Mehra | 1,000,000 | 0 | 1,000,000 | 22.50 |
| Vinay Tripathi | 54,000 | 20,260 | 33,740 | 1.22 |
What were you doing when RBL Bank was recruiting?