Good investing reading – 26 July 2013

Good Investing Reading

 

The great Indian listed firm robbery – Business Standard

Don’t miss this.

It will make you smirk when you read the incredible claim and also lament the state of our capital markets where such things can take place.

 

RBI had no option but to kill the debt fund – Firstpost

This article captures the recent moves of the RBI in tightening liquidity and how it is affecting interest rates and the exchange rate.

 

Orchid’s continuing struggle against a tide of debt – Business Standard

This is an instructive article about the dangers of too much debt. Orchid Chemicals has been in the news for the last 5 years mostly for negative reasons. Read this and hopefully avoid such stocks early on.

 

Reliance unit hopes to turn a new page in India’s retail story – Livemint

To wrap up this edition of Good Investing Reading, here is a positive story in a sector about which people have a negative view right now. It talks about Reliance Retail’s growth and how they are turning to profitability.

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