Categories
Links

Weekend Mega Linkfest: 05 May,2023

Some off beat reads for the weekend:

IPL: A League of its own (Open)

Thread: Why Manipur is on fire (SS Jha)

Russia’s new vision for taking on the West (Crisis)

Iran regime change via Reza Pahlavi (TOI)

Syria-Turkiye talks depends on water (Cradle)

Its raining IMF in Suriname (Al Jazeera)

The SCO & Indian challenges (ORF)

Thread: The Fourth Laddu (The Liver Doc)

Billionaires shouldn’t exist (Jacobin)

Who are the Anglo-Indians? (Zocalo)

Thread: Hari Singh Nalwa (Sadaa Shree)

Chanakya on when the enemy is stronger (HUYF)

Thread: The incredible story of Touria Chaoui (David Zabinsky)

Drive: Char Dham Yatra (Team BHP)

Thread: Expressions of Love in Arabic (Bayt Al Fann)

Categories
Chart

US Banks : Tumble Rumble

Source: Financial Times

Categories
Exchange Filings

EMIL: Minority Headache

Electronics Mart India Ltd held a postal ballot seeking permission of shareholders to approve the variation in the objects of the IPO of the co.

Around 224 shareholders voted. 26 shareholders voted against the resolution.

Since # of shareholders who voted against the resolution were more than 10% of the total shareholders who voted, the company has to comulsorily make an exit offer to these dissenting shareholders.

The interesting thing is that the total no of shares held by these shareholders is only 2,483 shares…approx only 2L Rs !

Categories
Links

Linkfest: 05 May, 2023

Some stuff I am reading today morning:

ECB raises rates by 25 bps (BS)

Tata Play files India’s first confidential IPO (Fortune)

Challenges for Jio Financial (BT)

The mysterious Indian giant of oil shipping (Money Life)

Auto giants set their sights on India’s EV market (CNBC)

EV Ride Hailing startup Blu Smart now valued at $250 Million (MC)

ACKO & Lohum tieup for insurance of EV batteries (Saur Energy)

Startup: Skoodle (Forbes)

Second Axiom of investing (Anand Sridharan)

The Unified Content Business Model (Stratechery)

Categories
Links

Linkfest: 04 May, 2023

Some stuff I am reading today morning:

Fed hikes by 25 bps ( FED )

On US debt crisis (Stanley Druckenmiller)

Ajay Banga appointed next World Bank President ( MC )

ED raids Mannapuram Finance (Money Life)

Adani stocks under selling pressure (BT)

Minda Corp wants to increase stake in Pricol (FE)

On India’s rural economy (Forbes)

How bad will US Commercial Real Estate get? (Climateer)

Forget Crypto, Buy Gold (Daily Reckoning)

What happened when a company adopted AI (NPR)