Categories
Excerpts

A good time to get rid of some stocks

Source: R Balakrishnan

Categories
5Stocks CoatTailing

Top 5 Investments by LIC in Q1 FY2014-15

This post is in continuation of my coat tailing series (see here)

To know what other top investors are  buying/holding/selling in India, subscribe to our Investor Wisdom Newsletter

Symbol Entity # of Shares on 30 June,2014 # of Shares on 31 March,2014 Additional Shares Purchased Additional Investment (Crores)
ITC Life Insurance Corporation of India 1.15E+09 1.1E+09 43901425 1552.574
TATAPOWER LIFE INSURANCE CORPORATION OF INDIA 3.39E+08 2.99E+08 39461806 407.4431
DRREDDY LIFE INSURANCE CORPORATION OF INDIA & ASSOCIATES 3375274 2008098 1367176 373.7859
CIPLA Life Insurance Corporation of India 59733411 52497490 7235921 319.8277
AMBUJACEM LIFE INSURANCE CORPORATION OF INDIA 91461009 85991736 5469273 118.0543
Categories
Anecdotes

What V G Siddhartha of Cafe Coffee Day learnt from Dhirubhai Ambani

One of Dhirubhai Ambani’s sayings was “Money lost can be earned again, but lost time is lost forever.

He truly lived by that as this anecdote shows:

V G Siddhartha of Cafe Coffee Day recounts the time he was in Mumbai and used to work in Tulsiani Chambers, Nariman Point, where Dhirubhai Ambani also had an office. “There was just one lift in the building which was mostly occupied. Every day at 9:30 a.m., Dhirubhai would climb up four floors in a suit and tie because he didn’t want to waste time waiting for the lift. And I used to wonder why the rest of us couldn’t do that.”from Forbes

Categories
Links

Weekend Mega Linkfest: July 25,2014

Some off beat reads for the weekend:

Burger King is run by children (BusinessWeek)

A desperate town hands over its DNA (PSMag)

How the Israel-Palestine peace deal died (NewRepublic)

An ode to the Bee Gees (ParisReview)

Travelogue:Sana’a ,the capital of Yemen (IdleWords)

Pitbull:Get Rich or Die Shilling (BusinessWeek)

Music,fantasy and colour in V Shantaram’s Navrang (JaiArjun)

Aap Ki Adalat to replace the judicial system (UnrealTimes)

India’s Chinese Dream (ProjectSyndicate)

Travelogue:Mandarmani & Tajpur (TeamBHP)

Israel’s Other War (NewYorker)

What happened to Dinesh D’Souza? (Atlantic)

Why the Japanese are having so few babies (Economist)

Turning Ethiopia into China’s China (BusinessWeek)

Persistence of the Rahul Gandhi Question (Open)

Categories
Retail

Why Warren Buffett finds retail a tough sector to invest