Why Investor Dislike Birla’s Grasim – Aditya Birla Nuvo Merger ?

August 17, 2016

Grasim Aditya Birla Nuvo DealGrasim Industries Ltd has proposed to merge Aditya Birla Nuvo Ltd with itself. Shareholders of Aditya Birla Nuvo would get 3 shares of Grasim for every 10 shares they hold. Thereafter, Aditya Birla Financial Services – would be demerged and listed as a separate entity where for every 1 share held in Grasim a shareholder will get 7 shares in Aditya Birla Financial Services which would be then listed separately.

Wouldn’t it be better to first demerge Aditya Birla Financial Services from Read more

Next Gen Indian Private Banks Converge into IT Companies

March 23, 2016

Indian Banks Go DigitalOver the last 2 years we have been constantly accumulating high asset quality Indian Private banks and we have mentioned the same to our followers on twitter. Ir-respective of which Party comes to power to Govern India, modern Indian private banks have always been on the leading edge of innovation offering bouquet of financial services leveraging the power of Information Technology.

During the late 90s they were the first one to begin with Computerized Banking. In the 2000s they invented Internet Banking and in the last Read more

Rise of Specialty Internet Only Banks in China

February 29, 2016

Internet Only Banks in China WeBank, founded in late 2014, is the first private internet bank in China. Tencent owns a 30% stake in WeBank, while investment firms Baiyeyuan Investment (Not listed) and Liye Group (Not listed) each own 20%. The entity as a whole has registered capital of Rmb3 bn (US$482 mn). WeBank’s scope covers personal banking, corporate banking, and international banking.

In May 2015, WeBank launched its first product ‘Weilidai’, providing personal credit lines to users without the need for guarantee or collateral, Read more

What CLSA Recommends to BUY in Market Correction ?

January 22, 2016

The Indian Equity Market has corrected about 20% from the High’s of 30,000. The Index is back to Pre-Modi NaMoBullRun Rally. Amidst the fall, Smart Investors are lapping up stocks which can generate Free Cash Flow. Barring the PSU Banks, other stocks still trade well above their all-time lows.

CLSA French Research House one of the biggest movers and shakers of Indian Market likes the following stocks which have corrected significantly and appear attractive. Read more

Ambit Cuts SENSEX Target to 28000

September 1, 2015

SENSEX Targets FallAmbit Capital Research one of the best entities that has been in sync with how the markets move has cut year End BSE Sensex target to 28,000 from 32,000. Ambit cites reasons that a decisive mandate for the BJP in the 2014 General Elections, the Indian economy was entering its fourth wave of economic expansion but that has not materialized.

Even as their Sensex target moved from 36,000 initially (in November 2014) to 32,000 (FY16 Sensex EPS Read more

Out of The Box Approach Analyst from UBS Downgrade Yes Bank

July 8, 2015

We’d like to commend the remarkable job done by Out of the Box thinking Analysts covering the Finance / Banking vertical at UBS Securities. What they did is instead of completely relying on data provided by companies to them, they went a step ahead and collected 7,000 collateral documents (used to secure loans) filed at Ministry of Corporate Affairs [MCA] which are pertaining to 100 potentially stressed companies covering approximately US$100bn in loans to understand the exposure and lending practices of banks. Then they tested the financial stability of Banks against Read more

Next Page »