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    RBI wants traders out of currency derivatives (a fun, detailed read)

    @mayasmom Appreciate it ❤️
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    RBI wants traders out of currency derivatives (a fun, detailed read)

    @slash198765 I agree, please subscribe on boringmoney.in and share it with your friends as well :)
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    Indiamart buying back its stock at a 37% premium over market price. A fun read to understand why

    @redeemedtomanhood I understand your argument. You're arguing that since the company is giving out "more" money, its cash balance will go down, and hence, the value of the remaining shares will go down. But that's not how market pricing works. Shares going up and down is a combination of the...
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    Indiamart buying back its stock at a 37% premium over market price. A fun read to understand why

    @redeemedtomanhood Let's say I own 10 shares, and the buyback is priced at Rs 100 and the total money that the company wants to spend in the buyback is Rs 500. I can then sell 5 shares and get Rs 500. I have 5 shares remaining. Now, if the buyback were to be priced at, say, Rs 80, I would need...
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    Indiamart buying back its stock at a 37% premium over market price. A fun read to understand why

    @redeemedtomanhood No, that's not what I'm saying. All I've said is that they priced the buyback higher than usual so that they can make more money than they usually would. I haven't said that it's at the expense of smaller shareholders. Retail shareholders anyway have a separate quota. The...
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    RBI wants traders out of currency derivatives (a fun, detailed read)

    Original Source: https://boringmoney.in/p/rbi-wants-traders-out-of-currency (my newsletter Boring Money -- if you like what you read, do visit the original link to subscribe and receive similar future posts directly in your inbox) -- The most vanilla reason to use a derivative is to hedge...
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    Indiamart buying back its stock at a 37% premium over market price. A fun read to understand why

    TLDR: Founders have three options to take money out from their company: pay themselves a salary, issue a dividend, run a buyback Of these, buybacks are the most tax efficient for the receiver of the money (salaries would be tax efficient for the company) Since the buyback price is high, it's...
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    Byju's got sued by its lenders in the US. Then it sued its lenders in the US. Here's a fun read about what happened

    @lolasode Thanks for reading! For anyone that wants to listen to this, I have a really good voiceover. Spotify
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    Indiamart buying back its stock at a 37% premium over market price. A fun read to understand why

    @douglastalks You can also subscribe over on whatsapp! While I will continue to post here for the near future, it'll have to stop someday :) Here's the WA sub link: https://chat.whatsapp.com/GwG9W0nLRIEHQa85lHFy9y. You can also read about my zero spam promise here.
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    Indiamart buying back its stock at a 37% premium over market price. A fun read to understand why

    If you’re the founder of a company, there are a few ways you can get some money out from the company’s bank account into your own bank account. You can draw a higher salary or bonus. You’re presumably still an employee; CEO, director, chairman, whatever. So you can just pay yourself a higher...
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    A fun read on the recent pump-and-dumps that SEBI caught (the one involving Arshad Warsi)

    @resjudicata Not everyday, but if you've subscribed to my substack you csn expect something similar every ~10 days :)
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    A fun read on the recent pump-and-dumps that SEBI caught (the one involving Arshad Warsi)

    @justin6871 Thanks man, such a compliment. The Aahuti Mistry part is quite funny. Based on call records, she was Manish Mishra's main point of contact with the lot. So, in a way, she just did her job as a celebrity manager by bringing in business for Arshad.
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    Byju's got sued by its lenders in the US. Then it sued its lenders in the US. Here's a fun read about what happened

    Original Source: https://boringmoney.in/p/byjus-is-sued-by-its-lenders -- Four years ago I read an article in The Ken titled The making of a loan crisis at Byju’s. The gist of the story was that Byju’s was an edtech doing phenomenally well selling its digital courses to parents of young...
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    A fun read on the recent pump-and-dumps that SEBI caught (the one involving Arshad Warsi)

    @justin6871 Thank you! Out of curiosity, could you share what you think the videos missed but I got in my post? Would give me some perspective.
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    A fun read on the recent pump-and-dumps that SEBI caught (the one involving Arshad Warsi)

    @athens A substack! Link is in the post. You can also listen to posts on Spotify :)
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    A [you know who]'s foreign funds + Jindal Poly Films' lawsuit

    @psaltichrysostom There's nothing to say there at this point, honestly. It's an Adani company but the regulations are lax so Vinod is both a related party and not a related party at the same time, depending on when you ask.
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    The Indian government restricted FDI in media so BBC bypasses it by creating a new Indian entity fully owned by Indians. A fun read

    @lordswarrior Someone on my blog pointed out that the Indian government has been trying to bring in a "google tax" to tax foreign companies that earn from advertising or sales in India without an entity itself in India. But it isn't implemented yet. Link...
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