10 things to know this week – Dec 30, 2016

Here are the ten interesting things to know this week, ended Dec 30, 2016.


1) Ajay Piramal strikes it big with contrarian calls
By staying alert to investment opportunities and betting on long-term potential, Ajay Piramal has built a diversified empire of successful businesses. Read more: [Forbes India]

2) Auto sales hit a rough patch
While two-wheeler sales were down in November it is still to early to assess the final impact of demonetization on the auto sector. Read more: [Forbes India]

3) Large borrowers with troubled loans are hurting banks: RBI  
Large borrowers form 88.4% of gross non-performing assets, or NPAs, as on 30 September in comparison to 86.4% at the beginning of this financial year, says RBI. Read more: [Live Mint]

4) Indian IT: Back to the future  
Boffins at outsourcing firms need to rev up the pace of change and address internal structural issues first to ensure their organizations remain future-proof. Read more: [Live Mint]

5) Why analysts are bullish on Titan Company
Around 20-30% of the unorganised gold jewellers may shut shop in the coming years as their competitive advantage—low making charges due to tax evasion—will get wiped out due to tighter regulations. Read more: [Economic Times]

6) Castrol is worth a bet with focus on personal mobility
Castrol’s strategy to improve profitability by focusing on the personal mobility segment, which includes two-wheelers and passenger cars and a gradual turnaround in volume. Read more: [Economic Times]


7) Here Are the Best and Worst Performing Assets of 2016
From stocks to currencies, these were the biggest movers. Read more: [Bloomberg]

8) How Anyone Can Invest Like Warren Buffett
What do George Soros, Warren Buffett and a computer have in common? Turns out, a lot. Read more: [Bloomberg]

9) Trump wants to spend $1 trillion on infrastructure. Here’s how he can get a better deal
Trump can learn a lot from Europe when it comes to infrastructure spending, says Richard Hurowitz. Read more: [CNBC]

10) These bets helped Warren Buffett become biggest-gaining billionaire of 2016
Buffett had added about $12 billion to his fortune in 2016, making him the biggest gainer among wealthy individuals in the U.S., according to both Bloomberg and Forbes. Read more: [Market Watch]


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