10 things to know this week Jan 13, 2017

Here are the ten interesting things to know this week, ended Jan 13, 2017.

India:

1) Howard Marks says a piece of advice from Warren Buffett perfectly sums up the problem with economists, experts, and the media
Marks noted that perhaps the best advice he’s gotten on the foolishness of predictions came during a dinner he had with Warren Buffett. Read mode: [Business Insider]

2) Tata Sons’ chairman N Chandrasekaran may follow leadership style of JRD Tata
The brass at Tata Sons has discussed the possibility of adopting a model that was practised by Ratan Tata’s predecessor, the late JRD Tata, in which each flagship company had its own chairman. Read more: [Economic Times]

3) Would rather sit on cash than buy Nifty50 stocks: Kenneth Andrade
In a chat with ET Now, Kenneth Andrade talks about values and how the long term investing trend have change post cash ban in country along with tracking Q3 numbers and macros. Watch video: [ET Now]

4) New aircraft to trim costs by 15-17% in long run: SpiceJet Chief
The low-cost carrier, on Jan 13, announced a mammoth deal worth Rs 1,50,000 crore to purchase 205 aircraft from the US-based aircraft maker Boeing.  Watch video: [Moneycontrol]

5) InterGlobe Aviation, SpiceJet, Jet Airways: Which airline stock to buy?
Aviation companies such as InterGlobe Aviation, SpiceJet and Jet Airways performed relatively better on a year-on-year basis in terms of topline and bottomline growth.  Read more: [The Financial Express]

6) Retail growth, increase in revenue make Arvind Ltd good long term bet
Arvind’s garments segment holds several well-known foreign-licensed brands such as Arrow, Tommy Hilfiger, US Polo, Flying Machine, Calvin Klein, Nautica and Izod. Read more: [Economic Times]

Global:

7) Warren Buffett, Bill Gates and Jack Ma are betting big on this sector
Wall Street is seeing an $8.7 trillion boom in this investment strategy, says David W. Richardson.  Read more: [CNBC]

8) King dollar could kill the Trump rally, Mohamed El-Erian says
The biggest risk to the rally may turn out to be something the new administration can’t do anything about, El-Erian tells CNBC. Read more: [CNBC]

9) Three reasons for you to drive away from auto stocks
Jim Cramer shared his reasoning why investors should steer clear of automotive stocks. Read more: [CNBC]

10) Bill Gross names the key market number that investors have to watch this year
Investors need to watch only one number to figure out what returns are going to look like across the various markets, bond guru Bill Gross says. Read more: [CNBC]

10 things to know this week – Jan 06, 2017

Here are the ten interesting things to know this week, ended Jan 06, 2017.

India:

1) See single-digit earnings growth in FY17; like IT: Motilal Oswal 
Manish Sonthalia, Head Equities – PMS, Motilal Oswal says pharma and IT stocks look very cheap. He is negative on NBFCs and says growth rates are bound to come down. Watch video: [Moneycontrol]

2) Lower interest costs will aid corporate earnings
In a chat with ET Now, Prashant Jain, HDFC MF, says that India is at all-time low MCap-GDP but PEs not cheap however one can expect earnings to improve. Watch video: [ET Now]

3) Clear that Trump will pursue growth agenda: Teresa Barger
In an exclusive conversation with ET Now, Teresa Barger, co-founder and Sr MD at Cartica Capital talks says that reality of Trump Presidency may lead to allocations shifting back to EMs. Watch video: [ET Now]

4) 10 multi-bagger stock ideas by Ambit
Ambit has come out with the list of potential 10 multi-bagger stocks ideas which according to Ambit are structurally strong and all weather companies to invest in. Watch video: [ET Now]

5) Seven favourite stocks of mutual funds and why you should buy these
Be ready to stick with these names for 3-5 years. In some cases, investors would also be better off buying on dips—or price corrections—if possible. Read more: [Economic Times]

6) Stocks Back in Limelight as 3-Year Run Makes Indian Bonds Pricey
It’s time to make the switch to Indian equities from the nation’s bonds, as PM Narendra Modi boosts spending to counter the impact of his shock currency recall on growth in Asia’s third-largest economy. Read more: [Bloomberg]

Global:

7) Fed Tightening Eases Stimulus Pressure Globally, Rajan Says
The Fed’s plan to further withdraw support for the U.S. economy will ease pressure on other major central banks to keep up their own monetary stimulus, Raghuram Rajan said. Read more: [Bloomberg]

8) Wall Street Is Starting to Get Nervous About All the Money Pouring into U.S. Stocks
A big beneficiary of this dynamic has been U.S. equities, which have now seen nearly $70 billion in inflows since Nov. 8, according to Merrill Lynch. Read more: [Bloomberg]

9) The Fed might consider raising rates 3 times in 2017
Chicago Federal Reserve President Charles Evans said the central bank could raise interest rates three times this year, faster than he had expected just a few months ago. Read more: [Reuters]

10) Warren Buffett’s big bet on airlines flies high
Warren Buffett called the airline industry a “death trap” back in 2013. But he changed his tune late last year – and his investments in four major airlines have been anything but lethal so far. Read more: [CNN Money]

10 things to know this week – Dec 30, 2016

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

India:

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]

Global:

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]

 

Outlook 2017

India:

1) Outlook 2017 with Ridham Desai 
Watch CNBC-TV18’s Udayan Mukherjee in conversation with Ridham Desai, Head of India Equity Research at Morgan Stanley on the market outlook for 2017. Watch video: [CNBC-TV18]

2) Outlook 2017 with Manish Chokhani  
Watch CNBC-TV18’s Udayan Mukherjee in conversation with Manish Chokhani, Director, Enam Holdings on the Market Outlook for 2017. Watch video: [CNBC-TV18]

3) Outlook 2017 with Madhu Kela 
Madhu Kela, Chief Investment Strategist, Reliance Capital states that valuations are still a bit expensive for midcaps. Watch video: [CNBC-TV18]

4) Outlook 2017 with Mohnish Pabrai – Part 1
Catch Latha Venkatesh in conversation with investment guru Mohnish Pabrai, managing partner of Pabrai Investment Fund on his outlook for 2017. Watch video: [CNBC-TV18]

5) Outlook 2017 with Mohnish Pabrai – Part 2
Catch Latha Venkatesh in conversation with investment guru Mohnish Pabrai, managing partner of Pabrai Investment Fund on his outlook for 2017. Watch video: [CNBC-TV18]

6) Outlook 2017 with Krishna Kumar – Part 1
Catch Udayan Mukherjee in conversation with Krishna Kumar of Eastspring Investments, among the biggest FIIs in India on his outlook for 2017. Watch video: [CNBC-TV18]

7) Outlook 2017 with Krishna Kumar – Part 2
Catch Udayan Mukherjee in conversation with Krishna Kumar of Eastspring Investments, among the biggest FIIs in India on his outlook for 2017. Watch video: [CNBC-TV18]

8) Be opportunistic but don’t rush in to buy banks in 2017: Udayan
After Brexit, Donald Trump’s election and demonetisation, to name a few, Indian markets will enter 2017 battered and bruised, Udayan Mukherjee said. Watch video: [CNBC-TV18]

9) Be opportunistic; NBFC seeing fad investing right now: Udayan
Speaking to CNBC-TV18 Udayan Mukherjee said that the next 3 months is going to throw up a lot of opportunities for buying. Watch video: [CNBC-TV18]

10) The Captains of India Inc
The captains of India Inc give their outlook on India-2017 exclusively on CNBC-TV18. Watch video: [CNBC-TV18]

11) Market may correct 10-15% in 3-6 months if DIIs sell: Ambit
Saurabh Mukherjea of Ambit Capital shook the world when he said it is a contracting GDP for the current year and now he says the evidence that emerged in the last few days validates the point that the economy is under pressure. Watch video: [CNBC-TV18]

12) Foreign Outflows To Continue For Next Three Months
Saurabh Mukherjea of Ambit Capital says foreign outflows from Indian stock markets are likely to continue for next three months. Watch video: [NDTV]

13) Nomura’s 2017 India Outlook – Part 1
CNBC-TV18’s Latha Venkatesh caught up with the Nomura’s top team. Here’s the exclusive interaction. Watch video: [CNBC-TV18]

14) Nomura’s 2017 India Outlook – Part 2
CNBC-TV18’s Latha Venkatesh caught up with the Nomura’s top team. Here’s the exclusive interaction. Watch video: [CNBC-TV18]

15) Buy Rural Focused Shares On Correction
Parag Thakkar, head of institutional sales at HDFC Securities, strongly recommends buying rural-focused shares in auto, pesticide and FMCG space in the ongoing correction in stock markets. Watch video: [NDTV]

Global:

16) Without China and India, global growth will fall
In an interview with ET Now, Prof. Aswath Damodaran, says Fed is not going to be the big driver of what happens in the US economy for the next year. Watch video: [ET Now]

17) Ruchir Sharma, Head of Emerging Markets, Morgan Stanley – Part 1
One of the most prominent voices on global economy Ruchir Sharma says that economic growth is coming back in most developed economies but is slowing in most emerging markets. Watch video: [CNBC]

18) Ruchir Sharma, Head of Emerging Markets, Morgan Stanley – Part 2
One of the most prominent voices on global economy Ruchir Sharma says that economic growth is coming back in most developed economies but is slowing in most emerging markets. Watch video: [CNBC]

19) Ruchir Sharma, Head of Emerging Markets, Morgan Stanley – Part 3
One of the most prominent voices on global economy Ruchir Sharma says that economic growth is coming back in most developed economies but is slowing in most emerging markets. Watch video: [CNBC]

20) Ruchir Sharma, Head of Emerging Markets, Morgan Stanley – Part 4
One of the most prominent voices on global economy Ruchir Sharma says that economic growth is coming back in most developed economies but is slowing in most emerging markets. Watch video: [CNBC]

21) Warren Buffett State of the Economy Interview 2016
Watch CNBC’s Becky Quick in conversation with Warren Buffett. Watch video: [CNBC]

10 things to know this week- Dec 23, 2016

Here are the ten interesting things to know this week, ended Dec 23, 2016.

India:

1) My Favorite Fanatics of 2016 – Bill Gates
Nandan Nilekani is in Bill Gates ‘Favorite Fanatics of 2016’ list, who says that he is amazed by Nandan’s service to philanthropy and public service. Read more: [Gates Notes]

2) How Modi government lobbied Moody’s for a ratings upgrade, but failed
India criticised Moody’s ratings methods and pushed aggressively for an upgrade, documents reviewed by Reuters show, but the US-based agency declined to budge citing concerns over the country’s debt levels and fragile banks. Read more: [Economic Times]

3) Rs 7.4 lakh cr debt at write-off risk; keep a watch on the banks in distress
Domestic lenders run the risk of taking a significant haircut if things turn ugly for the risky corporate groups, which account for one-fourth of the whopping Rs 30.2 lakh crore corporate debt outstanding at last count. Read more: [Economic Times]

4) Stick with stocks of enduring brands for big returns through thick & thin
Companies with enduring brands generally have a diversified portfolio, sell their products worldwide and generate consistent revenue and operating profit margins. Read more: [Economic Times]

5) Should you invest in index funds?
Passive fund management has earned great name for itself in 2016 in developed markets. Actively-managed mutual funds have struggled to beat passively-managed funds during the year. Read more: [Economic Times]

6) Continued strong growth, improving cash flows make Techno Electric stock analysts’ top pick
Techno Electric & Engineering Company, which provides engineering, procurement and construction (EPC) services to the power sector, has been consistently reporting industry leading growth. Read more: [Economic Times]

Global:

7) 54 years later, Buffett’s Berkshire Hathaway crosses $250,000 a share
A-class shares of the Buffett’s Berkshire Hathaway briefly passed $250,000 in morning trade Tuesday, a landmark eclipsed 54 years and a day after Buffett bought his first Berkshire shares and began the march toward turning the company into a giant. Read more: [CNBC]

8) The Trump rally may be getting an artificial boost that could end abruptly in January
In December, investors often take profits on their stock winners in order to lock in their capital gains taxes for the year. That’s not happening. Read more: [CNBC]

9) Wall Street economists are doubtful the Fed will deliver on rate hikes
Officials will raise the Fed’s key short-term rate just twice in 2017, starting with a move in June, an FT survey of 31 Wall Street economists found. Read more: [CNBC]

10) Finland will soon hand out cash to 2,000 jobless people — the idea, universal basic income, is gaining traction
The Finnish government plans to randomly select about 2,000 unemployed people to give them benefits automatically, The New York Times reports. Read more: [CNBC]

Impact of Demonetisation

1) The Demonetisation Scare – Part 1
Samir Arora, Founder of Helios Capital joins in on CNBC-TV18 to discuss cash clean-up impact on markets, economy and earnings. Watch video: [CNBC-TV18]

2) The Demonetisation Scare – Part 2
Saurabh Mukherjea of Ambit Capital says its a short term pain for the long term gain. Watch video: [CNBC-TV18]

3) The Demonetisation Scare – Part 3
Nilesh Shah of Kotak AMC says that from price correction point of view the market has priced in the govt’s demonetisation drive. Watch video: [CNBC-TV18]

4) Demonetisation Good For Economy In Long Term
Saurabh Mukherjea of Ambit Capital says that no country in the world has taken structural changes without taking short-term pain. Watch video: [NDTV]

5) Market will swing like a pendulum in 2017, warns Nilesh Shah
In a chat with ET, Nilesh Shah, MD, Kotak AMC, says the market will swing in a narrow tight range rather than crash on either side way down as well as way up. Watch video: [ET Now]

6) Market makers with Hiren Ved, Alchemy Capital
If US growth hopes materialize, all markets will get a boost, says Hiren Ved, Alchemy Capital. Watch video: [ET Now]

7) S Naren, CIO, ICICI Mutual Fund
S Naren, CIO, ICICI Mutual Fund talks to Bloomberg about the RBI status quo policy, the aftermath of demonetisation and his outlook on markets in 2017. Watch video: [Bloomberg]

8) Anup Maheshwari, Head of Equities at DSP BlackRock Mutual Fund
Bloomberg spoke to Anup Maheshwari, Head of Equities at DSP BlackRock Mutual Fund on the trajectory of interest rates and fund flows in 2017. Watch video: [Bloomberg]

9) Kenneth Andrade, founder of Old Bridge Capital
Bloomberg spoke to Kenneth Andrade, founder of Old Bridge Capital on the impact of the government’s currency purge on the market and the economy, the themes we would now invest in. Watch video: [Bloomberg]

10) Demonetisation Has Been Less Painful Than Feared: Sundaram Fin
TT Srinivasaraghavan, MD, Sundaram Finance states that demonetization has been less painful than feared. Watch video: [CNBC-TV18]

10 things to know this week – Dec 02, 2016

Here are the ten interesting things to know this week, ended Dec 02, 2016.

India:

1) Market Makers with Kenneth Andrade
Catch Kenneth Andrade – Founder & CIO of Old Bridge Capital in an exclusive conversation with ET NOW, as he speaks about the art of compounding, rural recovery, and more. Watch video: [ET Now]

2) Long-term India story positive, margins to improve: R Sukumar Rajah
In an exclusive interview with ET Now, R Sukumar Rajah, MD & CIO, Asian Equities, Local AM, Franklin Templeton Investments, says sees a lot of positives and a lot of value in emerging markets. Read more: [Economic Times]

3) 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]

4) What the Q2 numbers mean for India’s IT industry
The numbers reflect why companies must go beyond outsourcing, and focus on digital and AI services. Read more: [Forbes India]

5) Billionaire Ambani Extends Free Telecom Services Until March 31
Billionaire Mukesh Ambani extended free services being offered by his Reliance Jio, saying the company was working to iron out voice- and data-quality problems to help lure customers from rivals. Read more: [Bloomberg]

6) India-dedicated funds withdrew $2b in a month; top 10 largest offshore funds    
The domestic financial markets have seen large outflow of FII money over the past 30 days, given the twin impacts of higher yields in developed markets and a demonetisation drive back home. Read more: [Economic Times]

Global:

7) Italy’s referendum explained: What you need to know
Italian citizens will vote on constitutional reform on Sunday in what is seen by many analysts as the most significant European political event of 2016. Read more: [CNBC]

8) OPEC deal sends oil spiking 14% in 3 days
Crude has spiked 14% in just the past three days, ending Friday at a 17-month high of $51.68 a barrel. Read more: [CNN Money]

9) Buffett’s Big New Buys Are Soaring
News that Warren Buffett’s Berkshire Hathaway bought shares in some of America’s biggest airlines has ignited investor interest in the industry. Read more: [The Motley Fool]

10) Warren Buffett’s Strategy to Get Income from Any Stock
Just because you need income doesn’t mean you should ignore exciting stocks that don’t pay dividends. Read more: [The Motley Fool]

10 things to know this week – Nov 04, 2016

Here are the ten interesting things to know this week, ended Nov 04, 2016.

India:
1) Looking at cyber security sector for next few years
In an exclusive interview with ET Now, Ramesh Damani says he is looking at cyber security sector for next few years, as there are very few companies in this space in India. Watch video: [ET Now]

2) Equities over long term best asset class worldwide
In an exclusive interview with ET Now, Mark Mobius, Executive Chairman, Templeton EM, says equities over long term best asset class worldwide for savings and growth. Watch video: [ET Now]

3) Top five mistakes Mark Mobius wants investors to avoid
The opportunities that India presents are incredible. Investors must avoid making simple mistakes in order to make the most out these while taking investment decisions. Read more: [Economic Times]

4) Why Warren Buffetts value investing model doesnt work in Indian market
Ambit Capital in a report said value investing does not always work in the context of the India market. Read more: [Economic Times]

5) 7 signs of a company in financial trouble
Net profit margin measures how well a company manages its expenses relative to its net sales. Deteriorating net profit margins indicate that expenses are too high. Read more: [Economic Times]

6) Road to wealth creation: Do you prefer a 10-bagger portfolio or a Coffee Can one?
In the ‘Coffee Can’ approach to portfolio building, long-term investing is done where the time horizon is usually more than 10 years. Read more: [Economic Times]

Global:
7) This is what could happen to the stock market if Donald Trump wins
Wall Street’s view that Clinton would win the election has been replaced by fear that Trump could, which probably won’t be a pretty picture for stocks. Read more: [CNBC]

8) The FBI is probing new emails tied to Clinton, here’s what you need to know
The FBI is looking into new emails related to Hillary Clinton, FBI Director James Comey said in a Friday letter. Here are the key facts. Read more: [CNBC]

9) Elon Musk Reveals Solar Roof Made of Glass Tiles in LA
Elon Musk showcased his ambitions to make Tesla Motors Inc. a clean-energy behemoth Friday, unveiling a new “solar-roof” product at Universal Studios in Los Angeles, California. Read more: [Bloomberg]

10) Berkshire profit falls; appears to keep Wells Fargo stake
Book value per share, Warren Buffett’s preferred measure of growth, rose 2.4% from the end of June to $163,783. Read more: [CNBC]

Diwali Special

1) Rakesh Jhunjhunwala & Katrina Kaif  
Catch market veteran Rakesh Jhunjhunwala in an exclusive conversation with Katrina Kaif. Watch video: [ET Now]

2) Outlook for the new year – The Brokerage View
Saurabh Mukherjea and Vikas Khemani in an exclusive conversation with ET NOW, as they discuss the bets for the new samvat. Watch video: [ET Now]

3) Outlook for the new year – The Street View
Catch Smair Arora of Helios Capital and Hiren Ved of Alchemy Capital in an exclusive conversation with ET NOW, as they discuss Brexit, Global Macros, wealth creation ideas, and more. Watch video: [ET Now]

4) Special interaction with Manish Chokhani
Ahead of Diwali ET Now brings you investment advisor Manish Chokhani to share the growth outlook for Indian markets in the coming year. Watch video: [ET Now]

5) The Hinduja Brothers talk business – part 1
First time in 7 years, the Hinduja brothers come together for a rare TV interview. Catch them get candid with ET NOW in this exclusive interview.  Watch video: [ET Now]

6) The Hinduja Brothers talk business – part 2
First time in 7 years, the Hinduja brothers come together for a rare TV interview. Catch the Hindujas get candid with ET NOW in this exclusive interview. Watch video: [ET Now]

7) Market makers with Shankar Sharma
Shankar Sharma in an exclusive conversation with ET NOW as he speaks about the themes for the new year. Watch video: [ET Now]

10 things to know this week – Oct 28, 2016

Here are the ten interesting things to know this week, ended Oct 28, 2016.

India:
1) Cyrus Mistry has damaged the group’s image: Tata Sons
Mistry was replaced by the Tata Sons board on Monday, and Ratan Tata was brought back as interim chairman.  Read more: [Economic Times]

2) We should be careful and optimistic of mid-cap space: Sunil Singhania
The advent of second generation business leaders and the rise of startups have resulted in confidence about the future of mid-caps, says Sunil Singhania. Read more: [Forbes India]

3) Future returns from mid-caps will be less than before: Sanjay Bakshi
Professor and value investor Sanjay Bakshi believes the overall mid-cap space is more optimistically valued today than at any time in the past 15 years. Read more: [Forbes India]

4) Has Wipro’s Rishad Premji triumphed over Infosys’s Vishal Sikka?
Wipro’s M&A strategy, overseen by Rishad Premji, is the most aggressive among home-grown IT firms, and can become a template for TCS and Sikka’s Infosys. Read more: [Live Mint]

5) Know why global funds are pulling out investments from Indian cos
A growing number of companies globally are recognising that sustainable business practices are a critical factor in generating long-term financial growth. Read more: [Economic Times]

6) 3 ground rules for picking a multibagger among smallcaps: Mark Mobius  
As people’s income increases, they will be investing more in markets and small and midcaps. Read more: [Economic Times]

Global:
7) Latest Clinton email probe could hand the election to Trump
News of the re-opened Clinton email probe now gives Trump a winning hand to play in this tumultuous election, says Jake Novak. Read more: [CNBC]

8) Warren Buffett’s simple rule: Bad news first
Buffett knows that most people will try to lead with good news. The problem is, they often use the upside of the situation to paper over the risk of having to share bad news at all. Read more: [Market Watch]

9) Asset Managers Bleed $50 Billion as Industry Crisis Deepens
The business of picking stocks and bonds for clients is getting smaller by the day. Seven top asset managers this week reported a total of $50 billion in third-quarter net redemptions. Read more: [Bloomberg]

10) Marc Faber drops the doom, says commodity prices will rise, oil to hit $70 soon
Long-depressed commodity prices are set to finally head higher for two key reasons, Marc Faber, the publisher of the Gloom, Boom & Doom report, told CNBC. Read more: [CNBC]

Ritesh Jain’s what I read this week

Ritesh Jain is the CIO of Tata Asset Management.

Oct 22, 2016 – Why a 15-yr-old hedge fund shut shop
There is some interesting stuff about how India’s economic growth has coincided with a growing employment crisis, says Ritesh Jain of Tata AMC. Read more: [Economic Times]

Sep 20, 2016 – The mega CIC puzzle and how easy liquidity is aiding underground economy
You kept asking where is the money? But all through last year markets and analysts have been trying to crack this puzzle as to why the growth of currency-in-circulation has increased so sharply in the recent months. Read more: [Economic Times]

10 Sep, 2016 – Pain points of our economy, and those in Europe
Hanjin Shipping, one of the world’s biggest shipping company filed for bankruptcy. Will Europe be the trigger point of a bubble burst this time around? Read more: [Economic Times]

03 Sep, 2016 – Dollar has a threat
It is the underlying technology of digital currency like bitcoin. We are talking about blockchain technology. Read more: [Economic Times]

27 Aug, 2016 – Tough call for e-commerce – discount
An increasing number of people in India are dumping online shopping and returning to good old retail stores.  Read more: [Economic Times]

20 Aug, 2016 – Bond bubble, globalisation disconnect
Last week, I had written about how technology is at work to reverse the globalisation process. Read more: [Economic Times]

13 Aug, 2016 – The cost of low oil price 
The slump in oil prices has driven many oil exports dependent economies to adopt austere measures and cut down on non-essential expenditures.  Read more: [Economic Times]

Aug 06, 2016 – Money trail & TN’s ticking time bomb 
One thing that has been baffling investors and economists alike is the surge in currency in circulation since October 2015. Read more: [Economic Times]

Jul 23, 2016 – Benz, Banjara & helicopter money 
In the last 3 years, if we were bombarded with the term QE, be prepared to hear more about “helicopter money” in the near future.  Read more: [Economic Times]

Jul 09, 2016 – 5 interesting things I read this week
One thing is common among whatever I have been reading – all of them are of the opinion that ‘helicopter money’ is the only solution when central bank policies have failed to revive growth and inflation. Read more: [Economic Times]

Jul 09, 2016 – How to survive in a low-return world 
Nandan Nilekani, co-founder of Infosys in an article titled ‘The New Road to Nirvana’ articulates how the world is moving away from globalisation and what developing countries like India could do to thrive in this new economic environment. Read more: [Economic Times]

10 things to know this week – Oct 21, 2016

Here are the ten interesting things to know this week, ended Oct 21, 2016.

India:
1) Why Moats Matter
An economic moat provides a gauge of a company’s competitive advantages and overall strength, and it is a highly valuable tool for investors of all levels. Read more: [Morning Star]

2) 5 mantras from Buffett that can make you a millionaire
If you follow a disciplined approach, stay with quality companies and invest on dips, long-term gains can help you hit the jackpot. Read more: [Economic Times]

3) GST will lead to mergers and rise of world class consumer companies: Mark Mobius
There will be an incredible increase in earnings for many companies. As much as 20% in some cases. But I have to emphasise that with the GST, you now have a bigger market for many companies. Read more: [ET Now]

4) Move away from gold to equity: Prashant Jain
Prashant Jain, HDFC MF, says markets have lagged economic growth for fairly long periods of time, the market cap to GDP ratio is sitting at nearly 10-year lows. But all that is set to change. Read more: [ET Now]

5) Why you should sell stocks of firms supplying equipment to thermal power plants
It’s time to sell capital goods companies supplying equipment to thermal power producers as they have been under pressure due to sectoral issues. Read more: [Economic Times]

6) Pernod Ricard’s sales growth in India hits regulatory bump
The Indian unit of the world’s second largest distiller Pernod Ricard has reported one of its slowest sales growth during its first quarter ended September, and blamed regulatory challenges in the country for the slowdown. Read more: [Economic Times]

Global:
7) Warren Buffett loves this business – maybe a little too much
Buffett sold stakes in the world’s two largest reinsurers—Swiss Re and Munich Re—last year, saying their prospects look worse in the next decade than they did in the last. Read more: [Bloomberg]

8) Tesla burns way more cash on R&D than traditional car makers
Tesla have been at the forefront of the electric vehicle and self-driving initiatives spreading throughout the auto industry. Read more: [Business Insider]

9) Amazon could be a lot bigger than we think
Amazon may have a far bigger reach in retail than commonly understood – signalling more threats to mass market retailers. Read more: [USA Today]

10) Advice from three of the world’s most successful investors
Where and how to find yield has become a common theme for heavyweight investors Carl Icahn, David Tepper and Jeff Gundlach. Read more: [CNBC]

10 things to know this week – Oct 14, 2016

Here are the ten interesting things to know this week, ended Oct 14, 2016.

India:
1) PM takes McKinsey’s help to get him a good ease of doing biz score
Senior-most bureaucrats from the PMO met representatives of McKinsey and top executives of the Indian subsidiaries of Boeing, Unilever, Coca Cola, ABB and Vodafone. Read more: [Economic Times]

2) Rural economy is a structural story, buy for next 3-5 yrs: Nilesh Shah, Kotak AMC
Nilesh says if there is a revival in the agriculture prices, then there will be more money flowing into the rural economy and there are a lot of rural facing companies benefitting from that. Read more: [ET Now]

3) Guess why insurance companies stay away or don’t sell policies in Gujarat
The claim ratio – claim paid by a company divided by total premium collected – is at about 130-140% for Gujarat, while it is 60-70% for the rest of the country. Read more: [Economic Times]

4) Four years under Cyrus Mistry’s watch, Tatas march to a new drumbeat
Cyrus Mistry, nearly four years into his tenure as Tata boss, is slowly steering the group in a new direction and growing out of the shadow of his predecessor. Read more: [Economic Times]

5) Infosys Cuts Sales Forecast Again as Clients Trim Spending
Infosys Ltd. cut its annual sales forecast for the second time in three months as growth slows in the banking and financial services sectors and clients adopt a more cautious spending approach. Read more: [Bloomberg]

6) Piramal Enterprises to buy 5 Janssen drugs for Rs 1164 crore
Janssen is the pharmaceutical arm of Johnson & Johnson. Piramal has agreed to acquire the brand names and all related IPs associated with the products, including the know-how to make both the active pharmaceutical ingredients and finished dosage forms. Read more: [Economic Times]

Global:
7) Cash is piling up faster than Warren Buffett can invest it
Nearly $73 billion piled up at Berkshire Hathaway, it’s 90-odd businesses generate roughly $1.5 billion in cash every month. Read more: [CNN Money]

8) Sorry, Wells Fargo. JPMorgan Chase is king of banks
JPMorgan Chase, which passed Wells Fargo in market value earlier this year, has been a favorite on Wall Street thanks to its solid results. Read more: [CNN Money]

9) Mark Cuban points to machine learning as the next ‘grand slam’ in technology
Pokemon Go may have sparked the world’s craving for augmented reality, but billionaire Mark Cuban says the industry still has a long way to go. Read more: [CNBC]

10) The Next Recession Is Coming. Big Deal.
In a Wall Street Journal survey, a group of economists “put the odds of the next downturn happening within the next four years at nearly 60 percent”. Read more: [Bloomberg]

10 things to know this week – Oct 07, 2016

Here are the ten interesting things to know this week, ended Oct 07, 2016.

India:
1) Warren Buffett of Canada Prem Watsa sees India as ‘shining star’ in the world
Watsa describes Narendra Modi as the ‘Lee Quan Yew’ of India and hopes that the Prime Minister would be re-elected so that he can continue to transform India. Read more: [ET Now]

2) Patel’s Big Day out an Abrupt Shift from Rajan’s Stormy Era
It was meant to be independence day for India’s central bank. It might instead be viewed as mission accomplished for PM Modi’s government. Read more: [Bloomberg]

3) We don’t focus on buying the highest dividend yield stocks in the market
An exclusive interview with Shreyash Devalkar of BNP Paribas Mutual Fund where he talks about the market, his stock selection process and ideas. Read more: [Value Research]

4) Investors can make money from smaller firms narrowing the valuation gap with market leaders
Many smaller companies who have little chance of winning are catching up with market leaders, opening up opportunities for investors. Read more: [Economic Times]

5) IPO watch: Endurance Tech a good bet on strong prospects
Endurance Tech is a key supplier to Bajaj Auto, Royal Enfield and European carmaker Fiat. The biggest risk for the company is its client concentration. Read more: [Economic Times]

6) Unmatched efficiency, growing market share make IndiGo stock a good long-term investment
IndiGo is well ahead of its competitors in terms of operational efficiency – less delays, cancellation, consumer complaints, etc. Read more: [Economic Times]

Global:
7) Putin’s Ultimatum to the Next U.S. President
Judging from the list of grievances that President Vladimir Putin has laid out, even a relatively Putin-friendly Donald Trump will have a hard time satisfying him. Read more: [Bloomberg]

8) Bill Gross: Markets are a casino and ‘this cannot end well’
Central bankers have turned investing into a casino game with an unpleasant outcome likely, the bond king said. Read more: [CNBC]

9) Brexit fears send British pound to new 31-year low
The British pound slumped to its lowest level in 31 years on Tuesday on fears that the U.K.’s divorce from the European Union will be bad for the economy. Read more: [CNN Money]

10) Passive investing is on a tear, and for very good reason, experts say
Studies find just over half of assets in mutual funds and exchange-traded funds are now passively invested, meaning they follow an index of some sort. Read more: [CNBC]

10 things to know this week – Sep 30, 2016

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

India:
1) How to bring retail investors into the stock market
Too few distributors and too little knowledge are all stopping small investors from enjoying the market highs, says Nilesh Shah. Read more: [Economic Times]

2) If you want multibagger returns from smallcaps, avoid these five mistakes
Some of the smallcap stocks have indeed rallied ahead of fundamentals, but experts say the downside still remains limited. Read more: [Economic Times]

3) Successful equity investing requires hard work, analysis, market understanding, not ‘tips’
Sensex has grown from a value of 100 to 30,000 over the years, and we focus so much on the positive outcome that we forget the underlying process. Read more: [Economic Times]

4) With an eye on the cloud, Persistent Systems continues to innovate
Anand Deshpande is helming changes at Persistent Systems to keep the software developer fighting fit in the age of cloud computing. Read more: [Forbes India]

5) Tyre sector looks attractive; MRF, Ceat, Apollo Tyres can be good bets
A continued drop in input costs – that of natural rubber and crude oil – has kept profit margins of the tyre industry at elevated levels. Read more: [Economic Times]

6) Domino’s fails to deliver for Jubilant, firm loses Rs 6,200 crore in market value
JFL’s market value has halved to Rs 6,500 crore from a peak of Rs 12,700 crore in July 2015. Read more: [Economic Times]

Global:
7) Does Warren Buffett have a new favorite bank?
Buffett told the Fox Business that he was going to wait until November to talk about Wells Fargo, the presidential election and other topics. Read more: [CNN Money]

8) Wells Fargo isn’t the only one: Other bank workers describe intense sales tactics
Most Americans were shocked when they learned that thousands of Wells Fargo employees had opened millions of fake accounts. Read more: [CNN Money]

9) Pepsi beats Coke thanks to junk food
Pepsi has outperformed Coke for the past few years. And it looks like that trend won’t end anytime soon. Pepsi reported sales and earnings that topped forecasts. Read more: [CNN Money]

10) India isn’t just growing fast, it’s much more competitive
India was the most improved country in the 2016 ranking, moving up 16 places to 39th. It’s a major improvement from two years ago when it languished in 71st position. Read more: [CNN Money]

10 things to know this week – Sep 23, 2016

Here are the ten interesting things to know this week, ended Sep 23, 2016.

India:
1) There is greater value for the patient investor: Prashant Jain, HDFC MF
Prashant Jain says we are moving in the right direction but are a long way off from where we can say that Indians have begun to allocate a reasonable part of their savings to equities. Read more: [Economic Times]

2) Long-term investors will continue to favour India: Kunal Kapoor, Morningstar
Kunal Kapoor, CEO, Morningstar, says Franklin Prima Fund. The HDFC 200 comes to mind, Birla Front Line those are some of the funds that analysts like and use to invest in India for the long haul. Read more: [Economic Times]

3) Tyre stocks up on fall in rubber prices
The sharp fall in rubber price can be attributed to sudden jump in its production. Read more: [Business Standard]

4) Hold consumption related stocks for the long-term
Hope of a favourable monsoon and the excess cash in the hands of government employees on the back of 7th Pay Commission to aid consumption. Read more: [Business Standard]

5) The art of discovering today’s multibaggers day before yesterday
The sharp rally in mid and small-cap shares in the last three years has given fund managers the opportunity to pick winners that helped boost performance of their schemes. Read more: [Economic Times]

6) Jubilant FoodWorks CEO Ajay Kaul resigns, does that mean investors should also quit?
Ajay Kaul resigned after 11 years at the helm of the India franchise of Domino’s Pizza. Kaul has stepped down to pursue opportunities outside the Jubilant Group. Read more: [Economic Times]

Global:
7) America’s $38 trillion global trade deal you’ve never heard of
The U.S. is negotiating a trade deal that’s worth $38.5 trillion and spans 50 countries — and most people have never heard about it. Read more: [CNN Money]

8) Russia is seriously running out of cash
After almost two years in recession, the country’s rainy day fund has shrunk to just $32.2 billion from $91.7 billion in Sep 2014, just before oil prices started to collapse. Read more: [CNN Money]

9) China’s toxic debt pile may be 10 times official estimates
Toxic loans in the Chinese financial system could be 10 times as high as official estimates suggest, Fitch Ratings has warned. Read more: [CNBC]

10) Goldman Sachs cutting nearly 30% of Asia investment banking jobs
Goldman Sachs is cutting almost 30 percent of its 300 investment banking jobs in Asia outside Japan in response to a slowdown in activity in the region, two sources familiar with the matter told Reuters. Read more: [CNBC]

10 things to know this week – Sep 16, 2016

Here are the ten interesting things to know this week, ended Sep 16, 2016.

India:
1) IT and telecom offer opportunity to make money: Sankar Naren
Today there are many pockets where things are not doing well like technology and my old favourite, telecom. I think these kind of sectors do present opportunities. Read more: [Economic Times]

2) IPO watch: Robust growth prospects to help ICICI Pru Life
The IPO of ICICI Prudential Life Insurance Company offers a good investment opportunity in a sector that is opening up for retail participation. Read more: [Economic Times]

3) Yes Bank’s aborted QIP under Sebi scanner
Sebi is investigating whether its listing norms were breached in Yes Bank’s QIP offer, and the possibility of insider trading in the lender’s stock Read more: [Live Mint]

4) How to value your investment the right way
For an investor, efficient capital at a low valuation should tick all boxes. It does except when the argument of growth plays the spoilsport.  Read more: [Economic Times]

5) Stock investing is not only about buying the right stock
When it comes to picking stocks, there are five types – cyclicals, steady companies, companies based on trends, turnaround companies and asset backed companies. Read more: [Economic Times]

6) Key market mantra: First preserve, then prosper
The biggest risk in equity investing is permanent loss of capital. It is imperative to prevent this even before thinking of creating wealth. Read more: [Economic Times]

Global:
7) Trump: Janet Yellen should be ‘ashamed of herself’
Trump said that Yellen should be “ashamed of herself” for keeping interest rates low and creating a “false stock market.” Read more: [CNN Money]

8) Wells Fargo CEO is ‘sorry’ — but he’s not stepping down
Wells Fargo CEO John Stumpf is “sorry” for the fake-account scandal at his bank, but he’s got no plans to exit despite a growing firestorm. Read more: [CNN Money]

9) Bogle: What I learned from my biggest investing mistake
Like Wells Fargo CEO John Stumpf, the Vanguard founder learned the hard way that the best method of handling a mistake is to admit it. Read more: [CNBC]

10) Increasingly risky to delay US rate hike, Fed’s Rosengren says
The Fed increasingly faces risks if it waits too much longer so a gradual policy tightening is likely appropriate, a top Fed official said on Friday. Read more: [CNBC]

10 things to know this week – Sep 09, 2016

Here are the ten interesting things to know this week, ended Sep 09, 2016.

India:
1) Is telecom still a monopoly?
Once an inherently monopolistic industry, telecom is now a brutally competitive network market. Read more: [Live Mint]

2) India’s richest man offers free 4G to one billion people
India’s richest man is rolling out a $20 billion mobile network that could bring lightning-fast Internet to hundreds of millions of people. Read more: [CNN Money]

3) Piramal Fund to invest Rs2,320 crore in Lodha’s World Towers Mumbai
The investment is perhaps the single largest debt-financing deal in Indian real estate; funds to be used to provide an exit to HDFC Property Fund as well. Read more: [Live Mint]

4) High pizza cost tricky? Analysts like Jubilant Food post poor Q1
Brokerage firms like JP Morgan, Credit Suisse and Morgan Stanley are overweight on the Domino’s Pizza maker hoping for a positive growth in Q2. Read more: [Money Control]

5) L&T Technology IPO: Here’s what you should know
L&T Technology Services, the engineering and research and development (ER&D) arm of engineering major L&T, is set to hit the market with an IPO on September 12. Read more: [Economic Times]

6) Top fund managers are on the hunt for good ideas
A sharp upswing in markets over a short period of time poses a challenge to fund managers as they have to discover new investment themes and ideas. Read more: [Economic Times]

Global:
7) Donald Trump: Fed has created a ‘false economy’
“They’re keeping rates down because they don’t want everything else to go down,” Donald Trump told Reuters on Monday. Read more: [CNN Money]

8) If you missed our interview with Vladimir Putin, here are the key takeaways
The almost two-hour conversation delved into subjects ranging from the U.S. presidential election to the Syrian civil war, oil prices and state asset sales. Read more: [Bloomberg]

9) Jeff Bezos rules the world — Amazon at all-time high
Amazon now has its own planes, several hit TV shows, a massive cloud computing business, it still sells books, toys, and tons of household items online. Read more: [CNN Money]

10) The teacher who was an RBI governor
The world of ideas chiselled with rigorous thinking remains the main job for Raghuram Rajan and policy work an outgrowth of the same. Read more: [Live Mint]

10 things to know this week – Sep 02, 2016

Here are the ten interesting things to know this week, ended Sep 02, 2016.

India:
1) Insurers need better underwriting
Listing will force the industry to bring in underwriting discipline and ensure that companies make money from their core business rather than from investment profits. Read more: [Live Mint]

2) As JLR’s new products impress, Tata Motors June quarter profit fall may be ignored
Amid improving sales and success of new models, investors may ignore the large drop in June quarter profit as a large part of it was owing to currency fluctuations. Read more: [Live Mint]

3) Why is Infosys trading at a 20% discount to the Nifty?
Infosys valuation discount reaches record levels. Read more: [Live Mint]

4) How Indo Count’s capital-light model helped it carve a profitable niche
With a capital-light business model, Indo Count has carved out a profitable niche for itself in the home textiles business. Read more: [Forbes India]

5) Investors, analysts give thumbs down to AB Nuvo-Grasim merger
Shares of both companies tank at the stock markets. Read more: [Forbes India]

6) DSP BlackRock Micro Cap Fund: Rocky Road
Holdings in certain stocks helped the micro-cap scheme. However, given its nature, growth in size may pose challenges. Read more: [Live Mint]

Global:
7) I’m not the only one who knows about the turmoil: Jim Rogers
There’s economic havoc on the horizon, but no safe haven for investors, says legendary investor Jim Rogers. Read more: [Business Insider]

8) Bill Gross: The Fed has mastered market
The Federal Reserve, with its bargain-basement interest rates, is also hurting capitalism, bond king Bill Gross says. Read more: [CNBC]

9) Keep your powder dry as market downturn is coming, Pimco asset manager says
Global recession might not be on the cards, but investors are starting to worry that central banks are running out of ammunition. Read more: [CNBC]

10) India’s economic growth is still the envy of the world
India’s breakneck growth rate has slowed, but not enough to cost it the title of world’s fastest growing big economy. Read more: [CNN Money]