“Only one Wall Street CEO’s balls can be in a vise at a time” and right now it’s Jamie Dimon’s turn.-old Wall Street Saying
Linkfest:May 16, 2012
Some stuff I am reading today morning:
Bharti Airtel under money laundering probe (BusinessLine)
Can Mannapuram Finance shares jump 100%?(FirstPost)
With Nitin at the Wheel, HUL on a roll again (ET)
SEBI Watch:Price Manipulation in Adani Exports Ltd (SEBI)
The next generation of reforms in India (Raghu Rajan)
What happens when the world economy goes Japan (DailyReckoning)
Warren Buffett reveals two new surprising investments (BusinessInsider)
The Best Exotic Marigold Trailer
India, like Life itself, is what you bring to it
What was that again?
“Indonesia looks like it has hit the sweet spot, whereas India is nursing a headache from its latest boom,” says Frederic Neumann, Co-Head of Asian Economic Research at HSBC in an article titles “Will Indonesia replace India in the BRICs?”
The fall of Adani
The Indian markets are unique in the sense that companies having the same promoter are often considered as a “sector” or a “pack” even though the underlying businesses are quite different.
Now the entire Adani pack is hitting their 52 week lows
Stock | Latest Close | 52 Week Low |
ADANIENT | 239.95 | 239.95 |
ADANIPORTS | 114.9 | 114.9 |
ADANIPOWER | 50.15 | 50.15 |