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Kirit Somaiya exposes the fraud at NSEL
Arun Shourie hit the nail…MMS and Montek are two great careerists not economists. @ndtv
— Maya S (@balamy) August 20, 2013
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Linkfest:Aug 21, 2013
Some stuff that I am reading today morning:
India likely to go ahead with overseas Rupee Bonds (WSJ)
NSEL sacks MD,six others after payment default (BS)
RBI announces measures to address market conditions (RBI)
TCS a 100 Billion $ Market Cap firm in the making (Mint)
Dear UPA,here’s why you deserve the #RajivLootDiwas hashtag (Firstpost)
Avoiding landmines in the Indian Equity Market (BeyondProxy)
Term Insurance-No sorry ! (BasuNivesh)
Activist Investors:A roar or a bark? (WSJ)
Passive index investing feels wrong (Monevator)
The beauty of limits (NYTimes)
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The difference between now and 1991
The current crisis is much worse than 1991 because this time there’s no Narasimha Rao to bail us out.
— Sunil Rajguru (@sunilrajguru) August 20, 2013