- Wealth PMS (50L+)
In this week’s edition, we have
Explaining the “rights issue” of shares, the right way. ✌🏼
Reliance Industries did India’s largest-ever rights issue of ₹ 53,125 crores. In Oct 2021, Bharti Airtel announced a rights issue of ₹ 21,000 crores.
Those are indeed big numbers but what are these rights issues all about? This post is a jargon-free explainer that answers all such questions:
[From Archives] Dussehra special: Fight those demons 🥋
Dussehra is about the victory of good over evil. Not necessarily is the winner always good, or the loser always bad, as indeed there are temples that worship Ravan as well. Every person has flaws, and there’s a bunch of demons inside of us that we fight. Dussehra is about the number 10 – the 10th day of victory over a Ravan who had 10 heads, etc. So we’ll stick with that theme.
Here are the 10 of our own demons we must regularly fight in the investing world.
Wait, didn’t we need a good bank? 🏢
India’s ragpickers are an incredible story. They sift through garbage, no matter how foul, and pick out things they find useful enough to sell for money. Ragpickers provide serious value to society by reducing landfill sizes and by the very concept of reuse. If it weren’t such a wretched life, rag-picking would be a more honorable profession.
India’s biggest and most honorable ragpicker is here. It’s the “Bad Bank”, to be known, in traditionally uncreative Indian public fashion, National Asset Reconstruction Company Limited (NARCL).
Here’s what we at Capitalmind think of this concept.
[From Archives] Capitalmind Fundas 💡
As the Diwali festive season begins and so will all the bumper sales. The biggest feature that makes big purchases easy is No-cost EMIs. This is when you are told: take this product at 0% EMI for six months! And you wonder why.
Here’s is an explainer laying out the math behind this “no-cost” deal.
[Read] How do No Cost EMIs Work?
[Premium] School of Slack 😎
Tweet of the week ❤️
[Read more] About Change and Disruption from Deepak’s pen: Following the Disruption
Links we Like✨
In this section, we bring you curated articles from across the internet that we found interesting:
Have you explored Capitalmind Premium yet? ⭐️
Capitalmind Premium is a comprehensive investment research platform offering investment insights through proprietary research, model portfolios, active strategies, and a thriving investor community. Here’s a quick introduction –
(Use the coupon code CMCOFFEE at the checkout page and get a 15% instant discount on all plans of Capitalmind Premium!!)