(source:Bloomberg)
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Europe is imploding !!
(source:Bloomberg)
(source:Bloomberg)
Rakesh Jhunjhunwala has been on a buying spree (more at BusinessLine)
“Everybody was telling me that if you don’t increase the fares you are going to turn the railway coaches into coffins,” Dinesh Trivedi, former railways minister, told India Ink in March 2012
A prescient statement considering yesterday’s railway accident which killed 29 people
Some stuff I am reading today morning:
Rupee freefall hurts foreign investors (WSJ)
Weak Cement prices will affect profitability (Mint)
JSW Energy:Desperately seeking black gold (BusinessStandard)
The ultimate bullish presentation for gold (BusinessInsider)
Is Facebook the rusty hinge of the stock market? (DailyReckoning)
Even the underwriters were sick of Facebook ! (DealBreaker)
Bollywood gossip of the week (RajeevMasand)
A great chart from US Funds…India is plodding as compared to China