Some stuff I am reading today morning:
Bharat Forge bags $155 Million Export contract (BW)
Govt to exit Axis Bank (BS)
India to be world’s third largest economy by 2027 (Fortune)
Niren Shah on VC Investing (Forbes)
Startup: Practus (BI)
Insights from Todd Combs (IMI)
Humpty Dumpty Stock Market (Smead Capital)
Binance-FTX deal collapses (MC)
Blue Chip investors lose big in FTX (MSN)
Mark Zuckerberg’s Letter announcing 11,000 layoffs (BT)
Source: Exchange Filing of 3M India Ltd
Some stuff I am reading today morning:
13,000 Crore churn due to MSCI India Index rebalancing (BS)
Thread: The FTX drama that is blowing up Crypto (Shaan Puri)
Family Offices may shift to GIFS IFSC (FE)
Company: Sundaram Home Finance (BI)
Thread: Hyperbole of 3i Infotech (Leading Nowhere)
Rebalancing is not always optimal (Bharat Shah)
Do nothing dammit (Anand Sridharan)
Valuations of early stage startups are holding up (Institutional Investor)
META: Corporate Governance (Aswath Damodaran)
Changing world order is approaching Stage 6 (Ray Dalio)
Source: RHP of Five-Star Business Finance Ltd
Interesting to see the Chief Risk Officer report directly to the legendary TTS of Sundaram Finance
