Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial

On Slack: Advanced Enzyme, Brexit Makes Sense, $9.2 Trillion Tailwind, and much more…


Slack Logo2The Slack Discussions

The Slack group at Capital Mind Premium has been extremely active and here is a brief summary of some of the interesting things discussed there in the last few days:

#general: When Aadhaar was about to make me ‘Niradhaar’


#general: Reason And Rationality: The Psychological Keys To Investing Success


#fx-commodities: Oil Drops to Two-Month Low Amid Ample U.S. Supply, Rising Dollar


#general: Rajinikanth’s ‘Kabali’ smashes all box office records, earns Rs 250 crore in India on first day

Megastar Rajinikanth-starrer gangster drama “Kabali” has collected a record Rs 250 crore on its first day, producers have said.
The Tamil language film, which released worldwide yesterday amid much fan frenzy, has earned Rs 100 crore from theatres in Tamil Nadu itself. (Link)

#general: The last VCR will be manufactured this month

Surprising fact: there’s a company still making video-cassette recorders, or VCRs. But that will change at the end of this month.
Japan’s Funai Electronics, which makes its own electronics, in addition to supplying companies like Sanyo, will produce the last batch of VCR units by July 30, Nikkei reported (link in Japanese). The company cites difficulty in obtaining the necessary parts as one of the reasons for halting production. (Link)

#general: Grofers, Swiggy start outsourcing their deliveries

Development comes at a time when investors are growing increasingly cautious about their bets in India and coaxing start-ups to trim costs. (Link)
Watch List Crystallising

#macronomics: One Reason a Brexit Makes Sense


#macronomics: Becoming Japan—–Why Global Growth Is Slumping

The risk of a global recession is edging up, as the global slowdown we first noted last fall continues (ICO Essentials, September 2015). This danger is heightened because longer-term trend growth is slowing in every Group of Seven (G7) economy, as dictated by simple math: growth in output per hour, i.e., labor productivity – plus growth in the potential labor force – a proxy for hours worked – adding up to real GDP growth. (Link)

#fx-commodities: Niger Delta Avengers say they blew up NNPC’s pipeline at Nsit-Ibom

A Nigerian militant group Niger Delta Avengers claimed responsibility for a pipeline explosion on Sunday at Nsit-Ibom L.G.A in Nigeria’s Akwa Ibom state. (Link)

#general: Verizon to End Yahoo Survival Fight With $4.8 Billion Deal

Verizon Communications Inc. will announce plans to buy Yahoo’s core assets for a bit more than $4.8 billion before the market opens, said two people with direct knowledge of the situation who asked not to be identified because the information isn’t public. The deal includes Yahoo real estate assets, while some intellectual property is to be sold separately, the people said. (Link)

#macronomics-from the past: All you wanted to know about the GST (including when and if it’s likely to be implemented)


#fx-commodities: Gold’s $9.2 Trillion Tailwind


#general: Billionaire’s Fund Says India Bad Loan Battle to Outlast Rajan

“I doubt it whether regulators and policy makers can start going easy,” said S. Sriniwasan, chief executive officer of Kotak Special Situations Credit Fund, which is part of the Kotak Mahindra Group controlled by Kotak. “If one goes by the actions of this government they are unlikely to play along with the so-called crony capitalists.” (Link)

#general: Things I Learned about Chit funds and Rural Savings

Don’t worry, I am not going to bore you about ‘Ponzi schemes’ like Sharada chits masquerading as ‘Chit funds’:-). Instead, I want to talk about the real chit funds where group of like-minded people from the same community join their hands together for savings and borrowings. (Link)

#general: New central KYC rules hit investors, e-KYC process

Apart from the KYC data already provided under Sebi rules, all investors will now have to give mother’s name and proof of permanent address in case their local address or the address for correspondence is not the same as permanent address. Among other details, the new norms also seek disclosure of ‘maiden name’. (Link)
History of Dow Jones

#stocks-fundamentals: Petroleum Minister favours merger of CPCL with IOC

Centre is expecting more co-operation from the state government, says Minister. (Link)

#general: India’s reverse Brexit: Passing the GST Bill will create millions of formal sector jobs


#general: How Rocket Internet Got Pushed Out Of Gojavas?

The intriguing and conflict of interest-laden story of JaVAS’ parentage and ownership – from being incubated within Jabong, to then being sold to Quickdel Logistics and finally, Snapdeal.(Link)

#general: Indians top list of non-GCC investors in Dubai real estate

A total of AED57 billion ($15.5 billion) was invested in Dubai’s real estate market in the first half of 2016, the latest figures from Dubai Land Department (DLD) show.
The figure was invested by 26,000 investors from 149 countries, the DLD said, with GCC nationals contributing the lion’s share – AED22 billion ($5.98 billion) – via 8,000 transactions.(Link)

#stocks-fundamentals: Government set to start talks on merging 13 state oil companies to create behemoth

The government is set to start consultations for an ambitious plan to merge 13 state oil firms to create a giant corporation whose revenue dwarfs global energy major Chevron which competes with US conglomerate General Electric in the Fortune-500 ranking. (Link)

#general: Advanced Enzyme IPO: Company forced to clarify ‘non-veg’ rumours

While the Advanced Enzyme IPO was in progress, a rumour began making rounds that the enzymes were produced from animal sources, making the business a ‘non-veg’ one. (Link)

#general: Nintendo shares plummet after investors realize it doesn’t actually make Pokémon Go

Nintendo shares have skyrocketed since Pokémon Go’s release and instant transformation into global cultural phenomenon, but they fell dramatically today after investors realized that Nintendo doesn’t actually make the game. Nintendo put out a statement after the close of trading on Friday pointing out that the bottom-line impact will be “limited” as it only owns 32 percent of The Pokémon Company, and that revenue from the game and its Pokémon Go Plus smartwatch peripheral have been accounted for in the company’s current forecasts. (Link)

#general: One chart that explains Alphabet, Google’s parent company


#general: Amazon Prime comes to India: Here is everything you need to know

Amazon Prime is finally here in India and users will be able to get free shipping for anything they order with no price cap. (Link)

#bonds-funds: Here’s How Direct Plans Can Add Significant Wealth Over Time

(Link1) (Link2)

#bonds-funds: Rs 25,300 cr worth of NCDs to flood Indian debt market to satiate investors’ hunger for yield

The corporate debt market is hot these days. With India Inc lining up Rs 25,300 crore worth of non-convertible debentures, or NCDs, in the coming months, things are only going to get better. (Link)

#fx-commodities: A Year After Iran Deal, Oil Flows But The Money’s Stuck

A jump in oil exports, business deals signed with global companies and inflation tamed: One year since Iranian negotiators gathered with the world’s top diplomats to unveil their nuclear accord and Iran’s economy is on the mend. That’s the good news for President Hassan Rouhani in the final year of his first term. (Link)

#general: Flipkart pips Snapdeal and Future Group, acquires Jabong

Flipkart’s unit Myntra, has acquired Jabong from Global Fashion Group to become India’s biggest fashion shopping destination.
This acquisition will strengthen Flipkart Group’s position in Fashion and Lifestyle segment to compete with Amazon Fashion in India. (Link)

#general: Google’s £400 million acquisition of London AI startup DeepMind just got very interesting

Google forked out over $600 million (£400 million) for a little-known London startup called DeepMind in 2014 without specifying how the company’s AI technology would be used to increase Google’s revenues, which already run into tens of billions of dollars every year. (Link)

#macronomics: The New Road to Nirvana

Brexit marks a turning point in the continuous trend towards globalisation. (Link)

#fx-commodities: India’s Coffee Output May Hit Two-Decade Low After Dry Spell

India, Asia’s third-largest coffee producer, may harvest a smaller crop than forecast after dry weather hurt flowering. (Link)


50 Blogs Every Serious Trader Should ReadLink
Corporate Governance be damned – Link
Deconstructing Peter Lynch – Link
Dual Momentum Investing: An Innovative Strategy for Higher Returns with Lower Risk – Link
Hello, Azim seth – Link
How The Economic Machine Works by Ray Dalio Link
MACD: A Sweet Anticipation by “Ed Seykota”Link
May you live in “exciting” times! An Updated Picture of Country Risk – Link
Consideration of F & O income as speculative or non speculative, and calculations of Turnover in it – Link
Tax treatment of F&O gain or loss – Link
DISCLAIMER: Please do not treat anything at in this email or Capitalmind Premium as investment advice. Capitalmind Premium does not provide any recommendations of securities. However, you may choose to consider our content as one input in your decision making process. While we may talk about strategies or positions in the market, our intent is solely to showcase effective risk-management in dealing with financial instruments. This is purely an information service and any trading done on the basis of this information is at your own, sole risk.


Like our content? Join Capitalmind Premium.

  • Equity, fixed income, macro and personal finance research
  • Model equity and fixed-income portfolios
  • Exclusive apps, tutorials, and member community
Subscribe Now Or start with a free-trial