Sunday 20 June 2021

How you should approach your work?

I knew if I was going to make this work, I had to equip myself better. This would be a long, tough journey. I had to educate myself more deeply, learn as much as I could about music, especially the riches and beauties that others might miss. My new concern with musical pleasure might even turn into an advantage here, opening my ears to sounds the celebrity critics would scorn. I also had to learn how to write better, with more incision and imaginative grasp of the subject at hand. Above all, I had to think about the reader, with far more clarity than I had done before.

Writer: How I Became the Honest Broker

Source: Alpha Ideas blog

Thursday 10 June 2021

Truth comes out of the bottle

Interview of Yuri Bezmenov on his political assignment in India. 

Highly recommended to watch this video and decipher on your own:


Source: Ayudhika

Monday 7 June 2021

Mutual Fund and Insider Trading

It is believed that those at the top of the pyramid are apostle of  ethics. It is when the surface is scratched the true human being and his character is revealed.

Headlines: Debt scheme redemptions: SEBI to charge key officials of Franklin MF with fraud

It is surprising to know that Insider Trading is associated with Mutual Fund. The correct headline should have been:

Mutual Fund and Insider Trading.

Extract from the newspaper Business Line:

Vivek Kudva, Head of Asia Pacific for FT, his wife Roopa, who is a partner and managing director of Omidyar Network India, and his mother, Vasanthi, are alleged to have redeemed over ₹30 crore from the debt schemes between March 20 and April 3, 2020. SEBI found that the concerns of redemption concentration and liquidity risk were known to Vivek Kudva as per various e-mails dated March 18 and 19.

Now who is Vivek and Roopa Kudva:

Name

Vivek Kudva

Roopa Kudva

Qualifications

IIT Delhi, IIM Ahmedabad

IIM Ahmedabad

Associated with (Current and Past)

Franklin Templeton Investments, Head of APAC Distributions.

MD Omidyar Networks India

 

 

Nestle, Director

 

 

IIM Ahmedabad, Member Governing Council

 

 

Tata AIA Life Insurance, Director

 

 

Infosys, Director


 

Member, Banks Board Bureau

 

 

SEBI, RBI etc.

 

 

MD and CEO CRISIL

Source: LinkedIn

 

 

 

 


May be after few years we will read the following :

..defendants  .. settle proposed enforcement actions without either admitting or denying the allegations..

Please note the enquiry of the case is at a very early stage and this may be contested in the courts.