Capitalmind
Capitalmind

4402 ArticlesDeepak Shenoy

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India Gets Protectionist: Stop Those Pesky Foreigners Who Make Things Cheaper Than Us

We’re getting into protection zones. The Finance Ministry yesterday announced a 20% “safeguard” duty on steel. This is to protect domestic ...

JP Morgan AMC Isolates Amtek Bonds Into A Side Pocket, Will Allow Redemptions of the Rest

JP Morgan, which has been in the news because if refuses to let people exit short term funds (currently has a gate of 1% per day), has now offered a redemption ...

WSJ: How Nitin Mangal Was Made To Suffer For Writing That Negative Story on IndiaBulls

The Wall Street Journal has released a detailed report of how Indiabulls apparently intimidated a research analyst, Nitin Mangal, who had been arrested last ...

Inflation Gets Some Base Effect Love With 3.66% – But You're Unlikely To See It This Low Again

Consumer Price Inflation (CPI) for August 2015 is at just 3.66% which is the lowest in this series. A heavy base effect contributes to this low number, as we ...

Macronomics: 1.2% Current Account Deficit in June But It's The Sep Quarter That Matters

We write about the BoP data for the June quarter, while illustrating the reasons behind CAD widening slightly more this June. We also explain why the September ...

IIP at 4.22% But Big Past Revisions Make It Unreliable

The Index of Industrial Production (IIP) for July 2015 moved up 4.22% from a year ago. Even last month’s numbers were revised upwards to 4.36% (from ...

Kesoram Sells Tyre Subsidiary to JK Tyre 1month and 5 Days After Vehemently Denying It Would Sell Tyre Subsidiary To JK Tyre

Kesoram Industries’ press release, August 7: “Nonetheless Reiterate”, “No Intentions” – means: Oh come on, there is no way ...

Amtek Auto Management Clarifies, Stock Moves Up, But Drama Still Ahead

The Senior MD at Amtek Auto, John Flintham, was on ET Now for a clarification of what the situation was:   So what he’s saying is: Amtek is speaking ...

Wait, The Government Can Default Too?

More rating craziness, with CARE downgrading what seems to be an ultra-safe instrument.They have cut the rating for a 100 cr. bond issued by Hindustan Organic ...

Premium: Action Plan: What To Do With the Jitters In Corporate Debt Owning Mutual Funds

Today we’re going to look at debt mutual funds, and how they will be impacted when there are concerns that the debt they own has a potential of not being ...