Some stuff I am reading today morning:
RBI may go for modest rate hike today (MC)
GST rate on Cement could be reduced (BS)
Adani Ports considering Rs. 5,000 Cr debt repayment (BT)
Moodys: Banks’ risks to Adani is limited (Fortune)
Bharti ARPU jumps to Rs.193 (FE)
PPFAS note on Coal India (Crazy Naval)
The AI bubble of 2023 (TRB)
How much portfolio insurance do you need? (Morningstar)
Thread: How Chandler brothers turned $10M into $5B (BB)
The four Horsemen of the Tech Recession (Stratechery)
Some stuff I am reading today morning:
Adani prepays loans worth $1.11 Billion (BS)
Adani rout deepens (CNBC)
Govt weighs ITC stake sale (FE)
New angel tax strikes fear in startups, VCs (MC)
Stringent penalties on non-payment of Crypto TDS (Forbes)
Fears of US Recession recedes (The Street)
Decoding Paytm’s profitable quarter (BT)
Indian Railways on a modernisation drive (BI)
Tesla in 2023 (Aswath Damodaran)
What will make you a great fund manager (Simon Evan)
Some stuff I am reading today morning:
SBI reports highest ever Q3 profits at 14,205 Cr (Fortune)
Banking sector is stable and healthy (RBI)
Govt to hike Dearness Allowance for over 100 Million employees (BS)
Why I bought Ambuja Cement (Samir Arora)
Deconstructing the Adani affair (Prof Aswath Damodaran)
Global Gold demand soars in 2022 (BW)
SEBI gets cracking on front running (FE)
Fed may start cutting rates (Morningstar)
11 things that 0 interest rates enabled (Young Money)
10 harsh lessons from 10 years of Entrepreneurship (DF)
Some stuff I am reading today morning:
Parliament adjourned over Hindenburg report (BW)
NSE puts 3 Adani firms under ASM framework (BS)
Adani to release Credit Report today (MC)
Why Adani should thank Hindenburg (Swarajya)
Reliance Retail now accepts digital rupee payments (Fortune)
Market Linked debentures hit below the belt (Money Life)
Budget tax proposals may hit REIT returns (FE)
Tata Hitachi on a growth path (BI)
On Position Sizing (Morningstar)
The Why of Tech Layoffs (Om Malik)
Some stuff I am reading today morning:
Adani not to proceed with FPO (BSE)
Fed raises rates by 25 bps (CNBC)
Union Budger 2023-24: Firm but Good (BS)
Increased infrastructure spending focus of Budget (Forbes)
Insurance stocks plunge post Budget (BT)
Budget has made every payment abroad costlier (MC)
Should you opt for new tax regime? (FE)
Startup: Attero recycling (BI)
It’s not easy being a stock market villain (WaPo)
CY22 Letter to Investors (OAM)