we can buy growing 10 percent per year
September 14, 2016
September 13, 2016
Indian market will stay expensive, outperform -Jhunjhunwala
it is likely to stay an expensive market and be an outperformer,
says jhunjhunwala sharing his outlook on performance
of global equity markets. Growth in India can hold above
7 percent, jhunjhunwala says, adding, as one of the growth leaders the country will
attract fairly good foreign capital. On global market jitters ahead of the US
Federal Reserve meeting later this month,
Chief Investment Officer, Benson Avenue Capital and asked him about the turnaround seen in US markets.
According to him, the correction seen on Friday in the US markets could have been a one-off event because
of extremely low volatility and because of two catalysts. One, where most Fed watchers have increased their
view that rates are going to rise and two, some indications showing Donald Trump doing better in polls,
which did not go well with people on Friday.
However, now most markets are settling in with the idea that rates are going up. So,
positioning is to stay long equity but be cautious on bonds and that is what is playing
through right now.
Reliance Jio announces free voice calls, cheaper data tariffs
Reliance Industries Chairman Mukesh Ambani today announced free voice calling, zero roaming charges and cheaper data tariffs for Jio customers.
Ambani also announced a 'free welcome offer' for Jio customers from September 5 till December 31. R Jio will offer
users data services free for four months, after which it will offer 10 tariff plans starting at Rs 19 a day for occasional users, Rs 149 a month for low data users and Rs 4,999 a month for heavy data users.
Devoting an hour of his speech at the RIL's 42th Annual General Meeting, the billionaire industrialist said Jio is
targeting 100 million users in a shortest possible time.
The company also announced "super-affordable" handsets under the LYF brand starting Rs 2999.
Ambani said: Customers should pay for only one service, voice or data not both.... Worldwide operators charge only for data, and voice and messages are free... All voice calls for Jio customer will be absolutely free... The era of paying for voice calls is ending. Jio will usher India into the new era.
He said roaming charges will also be nil across India for Jio customers.
Stating that the data must be "affordable", he said Jio's base rate will be one-tenth of the prevailing data rates.
"In our data plans, the effective rates will be 5p per MB or Rs 50 per GB... The more data you use, the lower will be the rate," he said.
Differentiating Jio's 4G services from others in the market, he said that pricing strategy should be "simple" for
every India.
"There are 22,000 telecom tariffs across country. Jio's pricing strategy only has 10 main plans," he said promising
that Jio users would also not face any blackout days such as Diwali and New Year when operators tend to charge double.
Ambani also announced a discount offer for students under which they will get 25 per cent more data on Jio's tariffs.
Under the free welcome offer, which Ambani termed as the largest introductory offer anywhere in the world, the company is offering free data, voice and video "to everyone absolutely free" starting September 5 till December 31, 2016.
Ambani also announced a 'free welcome offer' for Jio customers from September 5 till December 31. R Jio will offer
users data services free for four months, after which it will offer 10 tariff plans starting at Rs 19 a day for occasional users, Rs 149 a month for low data users and Rs 4,999 a month for heavy data users.
Devoting an hour of his speech at the RIL's 42th Annual General Meeting, the billionaire industrialist said Jio is
targeting 100 million users in a shortest possible time.
The company also announced "super-affordable" handsets under the LYF brand starting Rs 2999.
Ambani said: Customers should pay for only one service, voice or data not both.... Worldwide operators charge only for data, and voice and messages are free... All voice calls for Jio customer will be absolutely free... The era of paying for voice calls is ending. Jio will usher India into the new era.
He said roaming charges will also be nil across India for Jio customers.
Stating that the data must be "affordable", he said Jio's base rate will be one-tenth of the prevailing data rates.
"In our data plans, the effective rates will be 5p per MB or Rs 50 per GB... The more data you use, the lower will be the rate," he said.
Differentiating Jio's 4G services from others in the market, he said that pricing strategy should be "simple" for
every India.
"There are 22,000 telecom tariffs across country. Jio's pricing strategy only has 10 main plans," he said promising
that Jio users would also not face any blackout days such as Diwali and New Year when operators tend to charge double.
Ambani also announced a discount offer for students under which they will get 25 per cent more data on Jio's tariffs.
Under the free welcome offer, which Ambani termed as the largest introductory offer anywhere in the world, the company is offering free data, voice and video "to everyone absolutely free" starting September 5 till December 31, 2016.
September 12, 2016
September 11, 2016
Rakesh Jhunjhunwala Latest Portfolio Holdings
Company % Holding No of Shares (in Lakhs) Rs Crore
A2Z Maintenance and Engineering 16.7 123.88 16
Adinath Exim Resources 4.05 1.66 0
Agro Tech Foods 8.2 20 116
Anant Raj 2.12 62.5 35
Aptech 41.57 170.56 124
Aurobindo Pharma 1 30 394
Autoline Industries 10.18 12.51 10
Bilcare 8.51 20.03 10
CRISIL 5.67 40 444
DB Realty 1.03 25 15
Delta Corp 6.84 155 182
Dewan Housing Finance 4 58 237
Escorts 4.08 50 60
Edelweiss Capital 100 55
Federal Bank 1.1 98.5 237
Firstsource Solutions 3.8 250 61
Geojit BNP Paribas Financial 7.88 180 36
Geometric 19.35 122.51 122
Hindustan Oil Exploration Company 1.5 19.61 8
HT Media 15 11
Ion Exchange (India) 6.02 8.75 9
Karur Vysya Bank 3.9 47.5 221
Kesoram Industries 6.83 75 55
Lupin 1.76 78.83 737
Mcnally Bharat Engineering 3.21 9.98 6
MCX 3.94 20 174
NCC 11.54 296.08 89
Orient Cement
9
Pipavav Defence and Offshore 1.43 105 48
Polaris Consulting & Services Ltd 4.99 38.18 64.91
Prakash Industries 8.45 150.02 70
Prime Focus 6.14 113.95 38
Prozone Capital Shopping Centres 2.46 37.5 6
Rallis India 10.34 201.06 472
Radico Khaitan 6.85 11.5
SpiceJet 1.92 100 19
Sterling Holiday Resorts 3.47 31.3 78.25
Titan Company 9.05 804.66 1,799
TV18 Broadcast 1.34 229.4 56
VIP India 6.7 95.8 92
Viceroy Hotels 14.64 62.08 12
Jet Airways 1.05 11.95
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