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Quotes

The pompous Mr.Narayana Murthy

“Almost all inventions such as cars, electric bulb, radio, television, computers, Internet, wifi, MRI, laser, robots and many other gadgets and technology happened thanks to the research by Western Universities.

On the other hand, let us pause and ask what the contributions of Indian institutions of higher learning, particularly IISc and IITs, have been over the last sixty-plus years to make our society and the world a better place? Is there one invention from India that has become a household name in the globe? Is there one technology that has transformed the productivity of global corporations? Is there one idea that has lead to an earth shaking invention to delight global citizens?

Folks, the reality is that there is no such contribution from India in the last 60. The only two ideas that have transformed the productivity of global corporations-The Global Delivery Model and the 24-hours workday-came from the company called Infosys.”-said Mr.Narayana Murthy

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Links

Linkfest:July 16,2015

Some stuff I am reading today morning:

Arbitrage funds are the real stars of the equity party (ET)

Default fears grows for state electricity boards (Mint)

US Fed on track to raise rates this year (Money Control)

States seek to have their own land laws (BS)

Emkay Research Report:Banking & Financial Services (RJ)

Short Investing Philosophies in 10 words or less (Motley Fool)

Stock Market hoaxes (Moneybeat)

Why buy and hold works (Common Sense)

Pope Francis takes the zombie side (Daily Reckoning)

How Warren Buffett calculates ROE (VRO)

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Tweets

They are back !

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Image

When I was 20

20

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Links

Linkfest:July 15,2015

Some stuff I am reading today morning:

Iran nuclear deal can give big gains to India (ET)

8 reasons why July could be an extraordinary month for Bajaj Auto (OneMint)

HDFC Sec Research Report:Indusind Bank (MyIris)

Is the end of real estate brokers near? (Mint)

Are tax free bonds an attractive investment option? (FE)

Luxury cars become more affordable (BS)

We are eager to find a guru and ape him blind folded (Mystic)

The hierarchy of investor needs (Motley Fool)

Twitter shares spike on fake Bloomberg story (BI)

Saving is never easy (Bankers Anonymous)