Some stuff I am reading today morning:
Paytm raises revenues by 40% (MC)
Online biz model gaming is unviable (Fortune)
FMCG firms turn focus to spices for growth (FE)
India’s Hub ambition (Money Life)
On attrition in Banks (Forbes)
Smallcap: Iris Business Services (Bull Bull)
The Company you keep (Humble $)
The case for hard assets (Felder Report)
Reducing the Risk of Momentum Crashes (Alpha Architect)
The Comfort Crisis (Mr MM)
Some stuff I am reading today morning:
Utkarsh Small Finance Bank to list today (MC)
L&T plans buyback (FE)
IDBI Bank recovers just 7% of 45,536 Cr written off (Money Life)
Govt bans export of non-Basmati white rice (BS)
No plans to merge ACC, Ambuja Cement (BW)
Elon Musk’s multiplying ventures (CNBC)
Startup: LeverageEdu (Forbes)
High returns or Appropriate returns (Morningstar)
Betting against current hubris (Dan Rasmussen)
Compounding: The silent hero (Validea)
Some stuff I am reading today morning:
Tatas to invest 42,500 Cr in UK (BS)
FMCG lines up 17,200 Cr in Capex (FE)
Late Filing Consequences (BW)
Being non-compliant with rules in India (Money Life)
Foreign investors are favouring India over China (Forbes)
You missed the rally (Douglas Boneparth)
Silicon Valley’s entire business model is a scam (BI)
Buffett’s bet on Old Energy (Kingswell)
Appropriate Tension (Seth Godin)
Rich and Anonymous (Morgan Housel)
Some stuff I am reading today morning:
Special pre-open session for Reliance Industries (MC)
Outward remittances surge to $2.9 Billion in May (Rediff)
Its raining orders for small electric bus manufacturers (FE)
Total Energies signs $27 Billion deal with Iraq (Oil Price)
Technical outlook on the markets (Nooresh Merani)
Mid-Year assessment for 2023 (Aswath Damodaran)
Market’s rise has nothing to do with earnings growth (Axios)
Why I am bearish over the remainder of 2023 (Real Money)
The market will regularly tell you’re an idiot (Seth Klarman)
Without the bad parts (Seth Godin)
Some stuff I am reading today morning:
Sheela Foam to buy Kurlon for 2,150 Cr (Tribune)
20% Ethanol blending in Petrol by 2025 (Fortune)
The rise of Angel Networks in India (Inc42)
Interview with Temasek on India plans (MC)
Interview with Marko Papic (The Market)
How to get rich in the markets (Big Picture)
A blueprint for 10 Baggers (BBS)
Why is the stock market so strong (Daily Reckoning)
Warning Indicators (Katusa)
Some of our best businesses don’t grow (Buffett)