- Wealth PMS (50L+)
We start with a post from Deepak Shenoy where he reflects on the month gone by and tries to imagine a future led by disruption. We follow it up with an explainer about a development in e-currency space which may not sound as fancy as bitcoin but is no less disruptive.
That’s not all – we cover an IPO story, developments on Vodafone Idea front, share the most amazing discussions on our slack community, and finally, as we call it, some food for thought for the weekend via the “Links we Like” section.
Markets this week 🚦
CNX 500 somehow managed to stay afloat while all but one sector underperformed the broader index. Interestingly, amid the pandemic, pharmaceuticals are reluctant to participate in the 3 month rally.
Looking back to understand the future! 🔭
Each month Deepak Shenoy writes a letter to our wealth clients sharing how our portfolios did, what we are thinking, and an overview on how are we reading the markets.
In this one, he writes, “We actually want enough people to win before us so that we know there’s something to win”. The reason for such a quote is as interesting as the quote itself.
(If this is one of those weekends where you would like to get a read of how markets have performed since last a year or so. Here’s a montage in the form of all the previous wealth letters.)
An e-currency that solves real life problems! 💸
The NPCI has launched the e-RUPI, a new way of giving someone money for a specific purpose.
We see in this post how the concept works, why you might not be able to fudge petrol bills anymore, and how you can have time-limited, usage-limited money in a way that is extremely useful.
Revive or Die? Or worse yet, stay a Zombie? ☠️
An unfavourable verdict of a two-decade-old legal battle between India’s mobile operators and the Government of India has put one of India’s oldest telecom operators in a fix. Yes, we are talking about the merged company – Vodafone Idea Ltd.
Even before the unfavourable outcome, the company was failing to keep up with its peers. In this post, we dwell upon what led to all this and what lies ahead for the telecom operator.
Operating profits is the past, loss making moat is the new sexy! 😍
The IPO frenzy shows no signs of abating. Yet another loss-making company is on its way to list on the Indian bourses.
Devyani International Ltd. – the largest franchisee of Pizza Hut, KFC, and Costa Coffee in India – is launched its initial public offering on August 4. The move comes on the heels of the big-bang Zomato listing.
With brands like KFC, Pizza Hut, Costa Coffee, and Vaango in its stable, Devyani seems to offer something for everybody. Is it enough?
[Premium Read]: Devyani International: Pizza & Burger On One Plate ➕
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Links we Like✨
In this section, we bring you interesting links from across the internet
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