Mid-cap stock picks for journalists and editors

11 June 2014

swamy

Although integrity is not exactly rocketing skywards in the Indian media, declaration of assets is anathema to most journalists. The Editors Guild of India (EGI) has periodically tried to bring up the issue but in vain. So, honesty and accountability is a largely voluntary affair.

How heartwarming, therefore, that the maverick business journalist Swaminathan S. Anklesaria Aiyar should open his family books to make the point that it is not just Gujarat-based Adani alone that has benefitted most from Narendra Modi‘s rise but midcap stocks like those held by his family members, too (see graphic).

Let the record show that Aiyar’s grandfather and the grandfather of veteran Bihar Congressman Rameshwar Thakur ran a chartered accountancy firm in Karachi in the early 20th century under the masthead “Thakur, Aiyar & Associates”, which paid 97 per cent in income tax.

Infographic: courtesy The Economic Times

Read the full article: Market boom not led by Modi‘s cronies

***

Also read: H.R. Ranganath declares assets, liabilities on TV

Ravi Belagere: Income, outgo, assets, liabilities, profit, loss

Aditya Nigam: Editors must declares assets, liabilities

One Response to “Mid-cap stock picks for journalists and editors”

  1. Shiv Kumar Says:

    Swaminathan Aiyar should stick to writing columns and tell his relatives to invest via well performing mutual funds beloning to houses like Franklin Templeton. This is basically a safe TamBrahm kind of portfolio that will preserve wealth but won’t give any kind of decent appreciation.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: