Source:Ketan Gujarathi
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A new risk in investing in India
Amongst the myriad risks associated with investing in India,one more risk is added to the list-Mr.Arvind Kejriwal
From a news article in ET:
Aam Aadmi Party convener Arvind Kejriwal pledges to take on the e-commerce players, lending his weight behind brick and mortar business fraternity, calling it an ” online scam“, which benefitted only a select few, while not only depriving the state of a precious revenue, but also putting the latter at a disadvantaged position.
He was addressing a group of traders in the Nehru Place complex. Speaking to ET, Kejriwal said, “Investigation is the only alternative left with us .
Selling an item which costs Rs 20 for Rs 18 is no business logic.”
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Sticking to the basics
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Linkfest:Dec 30,2014
Some stuff I am reading today morning:
DLF,ADAG,Jaypee top wealth destroyers in 2014 (BS)
Top 7 stocks Rakesh Jhunjhunwala is betting on (ET)
Best investment ideas for 2015 (MyInvestmentIdeas)
The 2014 Personal Finance audit (FreeFinCal)
Say goodbye to ‘Made In China’ (Bloomberg)
A wiser approach to alternative investing (ThinkAdvisor)
21 Tips to secure your banking transactions (JagoInvestor)
Warren Buffett’s 9 rules for running a business (CNBC)
Brazil’s economy just imploded (ZeroHedge)
“Attack Parliament” (Media Crooks)