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Excerpts

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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Video

Marc Faber:Expect volatility and surprises in 2015

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Cartoon

Sticking to the basics

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Links

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)

Categories
Sellside Research

The “Sade Saath” of Reliance Industries

Came across an interesting report on Reliance Industries by Nomura

(Hat Tip DeadPresident)

Interesting to note that for the last 7 years,Reliance Industries has underperformed the Sensex every year.

7 years of despair always reminds me of the “Sade Saath” of Indian astrology.Time to show Mukeshbhai’s horoscope to the local astrologer?

Reliance Industries
Reliance Industries