Sumanta Dey

Corporate Affairs | Public Policy

[Amani @Amani_Chowdhry]

https://t.co/YLEoi89q8Z

[Sumanta Dey @dey_sumanta]

My years at Unacademy were the toughest in my 2 decade career, only because the learning curve was the steepest. Learnt many things for life and will always be thankful to @gauravmunjal and @TheKaranShroff

This is the cherry on the top, even if the cherry has shrunk in size🙏

[Gaurav Munjal @gauravmunjal]

Unacademy has initiated the process of doing an ESOPs Buyback of 50 crores.

Grateful to the Board for carving out a Cash Pool for the Employees even though the Valuation is significantly less than our last Fundraise.

8 people are making more than 1 crore in this Buyback. 17 more than 50L. And 38 more than 10L.

Over the next few weeks, we will be reaching out to everyone to participate in this Buyback.

[Karan Shroff @TheKaranShroff]

Shivaji Park.
A place that holds generations of memories.

We @Lightfurygames captured something around it.
It may look familiar… until it doesn’t.

Watch till the end. 👀 Stay tuned for @ecricketgame

#ComingSoon #CricketFever #Cricket #CricketUpdates #CricketFans #CricketNews

[Sumanta Dey @dey_sumanta]

@ravihanda I don’t think people understand the math. Tax incidence vs. potential upside, worst case loss etc., and how this preserves some value of ESOPs, even if it isn’t as spectacular. Alternative is you don’t get any shares in new entity (which is what many startups have done in M&A)

[Sumanta Dey @dey_sumanta]

@gauravmunjal Candour and clarity in true GM style! Best wishes always. The rocket ship will fire once more and escape its orbit this time.

[Sahil Bloom @SahilBloom]

This is a harsh truth nobody told you about success:

[Sumanta Dey @dey_sumanta]

The greatest flex today is the ability to do nothing.

Not actively seeing stuff on a screen, not actively listening to music / podcasts, not conversing with people just to fill up the time.

Sort of like intermittent fasting, but for the brain. And being at peace with it.

[Sumanta Dey @dey_sumanta]

@TVMohandasPai “A cynical, mercenary, demagogic press will in time produce a people as base as itself.”

~ Joseph Pulitzer

[Kishore Subramanian @Kishore1975_]

The Devil Lies in the Details. The Hindenburg report claims to be thorough, yet when you dive deeper, it becomes clear that the devil isn’t just in the details—the devil is writing them.

Here's what I see :-

1. Investigation by 40 Independent Media?

Despite supposedly corroborating evidence from 40 independent media outlets, the report still hinges on assumptions and speculative connections.

Question :- Media Investigations are the key to reliable findings ?

2. Findings or Firing Shots in the Dark?

We think our findings….. we welcome…….

Hindenburg claims their findings raise questions, but in reality, they seem to be firing shots in the dark, hoping to create panic rather than seeking real transparency.

3. Financial Times Investigation

The report leans on a Financial Times investigation, alleging Adani associates manipulated shares, but where’s the concrete proof? Again, more assumptions than facts.

4. Suspecting SEBI: Hindenburg suspects SEBI of inaction due to alleged complicity, but this suspicion is built on circumstantial evidence at best—pure conjecture at worst.

Summary
————-

Unpacking the Hindenburg Report: All Smoke, No Fire.

1Speculative Language: "We think" & "we suspect" show more assumptions than facts. Where's the evidence?

2Unverified Claims: Relying on vague "media reports" without clear sources—serious allegations need solid proof.

3No Material Evidence: Claims of manipulation based on "trading patterns" lack the concrete data to back them up.

4Isolated Incidents: Generalizing from a few cases to accuse an entire group—classic overreach.

5Logical Fallacies: Correlation isn't causation—assertions need evidence, not assumptions.

6Emotional Language: Loaded words like "fraud" without backing—more about stirring panic than informing.

7Disclaimers: Admits no responsibility for accuracy. If even they don’t trust their findings, why should we?

8Conflict of Interest: With a financial stake in Adani's decline, can Hindenburg be truly objective?

This report appears designed to destabilize Indian democracy and capital markets, fuel opposition noise, and create chaos to unseat Modi. Read critically and don’t fall for the fallacies.

#SEBI #Hindenberg #HindenbergReport #BJP

[Sumanta Dey @dey_sumanta]

Being a Developed nation is as much a mindset, as it is an economic metric.

And it starts with not giving a damn to bullshit.

[Sumanta Dey @dey_sumanta]

I find it astonishing that we, as a nation, have collectively spent so much of our precious bandwidth in responding to the utter nonsense that is the latest Hindenburg ‘expose’.

[Sumanta Dey @dey_sumanta]

Yes, our institutions should be made accountable to maintain the highest standards of Governance. But, that is why we have our own whistleblower systems. And it has largely worked, as seen in several cases.

[Sumanta Dey @dey_sumanta]

Would the SEC tie itself in knots, if an India based short-seller — that is being investigated by it for market manipulation— published such a bizarre report against the SEC Chair? Or would American Corporate Leaders care two hoots? They’d just chuck the ‘report’ in the dustbin.

[Sumanta Dey @dey_sumanta]

High time we stop giving importance to hit-jobs from mercenaries. A flimsy ‘report’ — which is a blatant attempt to distract ongoing investigations, — and senior Govt., Market, and Corporate leaders have to waste productive time to refute it? Why do we care so much?

[SKOCH Group @skochgroup]

"Digital/Online Gaming is a very large sector. From the economic & social perspective, the sector is crucial not only to the growth story but also it has a social angle to it, that we want to tackle as part of a task force."- Mr @dey_sumanta speaking live at 98th #SKOCHSummit

[Sumanta Dey @dey_sumanta]

@followthemani @Reuters @columbiajourn Congratulations Sriram, and wish you the very best!

[Sumanta Dey @dey_sumanta]

@dhaval241086 Congratulations Dhaval ji!

[Sumanta Dey @dey_sumanta]

@GabbbarSingh In Bihar, we had a unique exp. Our colony (civil) was next to rail colony. When elec went off in eve for us, we’d look into distance to see if there was a power cut in rail colony too. Rule was, if it went off in both colonies, it’d be back sooner. If not, … a long wait for us!

[Sumanta Dey @dey_sumanta]

@ravihanda Good one! I’ll add a step:

First, dip the cone (with wrapper package) in cold water. Wet wrapper makes it difficult to peel quickly. Teach him how one has to put in effort to earn money first! 😊

[Sumanta Dey @dey_sumanta]

@Goenka_Tushar1 @chandrarsrikant @AnandJRAnand Very poor reader experience @moneycontrolcom

How is one supposed to read an article if pesky ads pop-up every 10 secs? Severely undermines the hard work put in by reporters! Either stop ads, or make the experience bearable at least. Or better, put a paywall. Happy to pay!