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On Slack: 5% India Inflation Goal, Ola TaxiForSure, Monsoon Slacks Off, Power of Compounding, 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: SEBI Tries To Fix the HFT Issue without Closing the NSE Probe

Six years after it allowed the National Stock Exchange (NSE) to introduce high frequency trading (HFT) and algorithmic (algo) trading without any debate, rules or regulations, the Securities and Exchange Board of India (SEBI), on 5th August, put out a discussion paper on “Strengthening of the regulatory framework for algorithmic trading & co-location”. (Link)

#general: How leading institutions are changing the rules on portfolio construction

The world’s largest investors are determined to make the leap from big to great. Getting there will depend on a new understanding of strategic asset allocation. (Link)

#general: Ola lays off 700 employees, shuts down TaxiForSure business

Ola has shut down its TaxiForSure business and has laid off 700 employees, according to three people directly aware of the developments at India’s largest cab aggregator. (Link)

#general: Devendra Fadnavis opens Mumbai’s first farmer-to-consumer market

Maharashtra chief minister Devendra Fadnavis says efforts will be made to make available premises of government offices to establish direct markets. (Link)

#general: Rajan calls for reducing govt, regulatory oversight of PSBs

In a strong pitch for phasing out the government role in top-level appointments at public sector banks, RBI Governor Raghuram Rajan today suggested empowering their boards to take all major governance decisions freely without having multiple “constituencies to satisfy”. (Link)

#general: SC asks Unitech to refund Noida home buyers for delay in possession, builder says doesn’t have money

The Supreme Court on Friday has directed realty major Unitech to refund money to investors in a delayed Noida housing projects – Burgundy at Sector 96. (Link)

#general: HC admits Tata Capital’s winding-up petition to recover 3i Infotech dues

The Bombay High Court has admitted the winding-up petition filed by the Tata Capital Financial Services to recover dues worth about Rs 29 crore from 3i Infotech. The court has also restrained the company from disposing of its assets, except in the ordinary and usual course of business, without the leave of the court. But the software company has got four weeks to challenge the decision before the division bench of the court. (Link)

#bonds-funds: Investors pump in Rs 1.02 lakh cr in MF schemes last month

Investors pumped in over Rs 1 lakh crore into various mutual fund schemes in July, with liquid and income segments contributing most to the inflow.
This follows an outflow of Rs 21,535 crore in June. (Link)

#macronomics: Citibank Sees 5% India Inflation Goal in Reach as Bonds Rally On

Citibank is predicting Indian sovereign bonds will extend a rally that’s driven benchmark yields to seven-year lows and a recent inflation spike will cool toward the end of the year. (Link)

#general: E-Insurance Account mandatory from October 1’2016

How to convert your insurance policies in electronic form. (Link)

#bonds-funds: Mutual Funds Boost Returns With Unicorn Markups


#general: The Building Blocks of Investing Nirvana

Our recent post showed that it’s possible to get equity downside protection and still outperform. The hard part is building a portfolio that reliably delivers that outcome. Our guiding principle: Target profitable, resilient businesses at attractive prices. (Link)

#macronomics: The Land of Genghis Khan Is Having an Epic Economic Meltdown

Back in 2008, Mongolia honored its revered national hero Genghis Khan with an enormous, stainless steel statue on the bank of the Tuul River about a half-hour’s drive outside of the capital of Ulaanbaatar. The 13th century conqueror’s name graces the capital’s international airport and his image is also plastered on the tugrik, the local currency. (Link)

#general: Monsoon slacks off, surplus wiped off

Southwest monsoon slacked off on its good run so far. The rains during the week were 28 per cent below normal, wiping off the seasonal surplus.
Monsoon from June 1 to August 17 was 606.2 millimetres, which was only normal. (Link)

#general: Nitish Kumar’s liquor prohibition move leaves Carlsberg high and dry

Carlsberg’s concern is shared by peers such as Diageo Plc, United Breweries and Molson Coors that have been present in Bihar for quite a while. (Link)


How the power of compounding gave birth to the National Pension SystemLink
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How to apply for IPO using ASBA?Link
Never Hold Mutual Fund Units in Demat Form!Link
Options Strategies Quick GuideLink
Principle 3: Minimize costLink
Big Winners and Big DrawdownsLink

• Apple, Amazon, Microsoft and Alphabet…

• All among the largest and most revered companies in the world.

• All have retuned unfathomable amounts to their shareholders.

• All have experienced periods of tremendous adversity with large drawdowns.

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.


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