Google which is cash surplus, just announced an additional capital raise of $80 bn.
Google annual profit is $160 bn, last quarter $62 bn, and market cap $4.5 trillion. That is close to total profits and market cap of all Indian listed companies put together.
It’s a wake up call to all companies to invest into the future, whatever the present maybe.
Now that IPL is done and dusted, time for India to focus on business of business.
BBC just showed the video 😂😂😂😂😂
They paraded ONLY 5 roads taking 9 mins and they were talking about a million 😂😂😂😂
Their fans were stealing Liverpool parade pictures today 😂😂😂😂😂😂😂
Absolutely agree, Sudhir Bhai. Esop taxation at exercise is bizarre because employees have to run helter skelter to borrow money to pay tax on illiquid shares or founders have to arrange for a loan. Investor wants co to get his money and not go for tax…so Esop grants also tend to get constrained.
Capital Gains Tax at Sale like all other income…this change is overdue to encourage employees take risk with founders for a big pay day
@PMOIndia@FinMinIndia
@LFC Slot is such a narcissistic asshole! Is it a tribute to them or himself? We have worked incredibly hard to put you in a position to perform? Brother seriously? He's the reason you still have a job you fucking asshole!
Late buyers always want to get early buyer returns without the early buyer risk.
They say seeing the future isn’t possible but if you want exceptional market returns you have to see the future to a degree.
Early buyers buy when the story is still unclear and most people are still waiting for confirmation.
Late buyers buy after the thesis is everywhere on this app and the risk/reward has already shifted.
Early buyers get paid for taking additional uncertainty risk while late buyers pay a premium for clarity on the thesis.
India total economy was smaller than the US state of California
Yet the government sometimes behaves as if it can dictate terms to big foreign investors, This attitude is pushing investment away.
India net FDI fell 96.5% to $353 million in FY25, the lowest ever recorded, Quality control orders went from 14 in 2017 to 765 by December 2024.
2015 Model BIT asks foreign investors to exhaust local courts for 5 years before they can seek international arbitration. None of this happened because of a weak government.
It happened because a strong government believed its own growth story and stopped fixing what was broken underneath, Political comfort is the enemy of economic reform.
The headline GDP number says India is the fastest growing major economy, The per capita GDP number in dollar terms says India is 16th in the world, behind Bangladesh and Ethiopia.
The rupee fell about 5.5% in 2025 and became the worst performing currency in all of Asia. That was the seventh consecutive year of decline.
When you measure growth in a currency that keeps losing value, the number on the scoreboard keeps rising but the purchasing power of every Indian keeps falling, The scoreboard is lying.
The government pattern is visible now. Tax crypto but do not regulate it, Announce PLI but raise tariffs alongside, Push Make in India but terminate investment treaties with 58 countries.
Every reform comes with an equal and opposite restriction, The incentive to do real surgery goes down when elections keep getting won - a macro paradox.
Inflation is low, deficit is managed, politics is stable. But none of that fixes the fact that India's GDP in 2025 was smaller than California.
Winning is not the same as growing
I dont get why people are saying Trump is not doing what he set out to do as president. Seems to me he is accomplishing exactly the things he set out to do:
Wishing you success @sanjeevsanyal in enacting this “common sense” law.. Here is hoping that one day soon , we all get liberated to focus on what actually matters .. Make India competitive rather than continue fighting the demons of a socialist past ..
Jane Street just showed the inside of their AI training data center in Texas.
4,032 GPUs. 56 racks. 8,000 km of fiber. liquid cooling running through every server because air cooling can't handle the heat anymore.
but the part that got me was the origin story.
Ron Minsky, who co-heads their technology group. said their first compute cluster was literally six Dell boxes stacked on top of each other at the end of a desk row. they called it "the hive."
the trading systems sat out in the room with the traders because they wanted to be able to unplug them if something went wrong.
at one point, someone vacuuming the office unplugged a live trading system in the middle of the day.
from six Dell boxes and a vacuum cleaner incident to a liquid-cooled GPU data center processing trades in under 100 nanoseconds.
that's a 20-year arc.
Ken Griffin on the single factor he looks for when hiring at Citadel:
"show me an athlete who did well academically."
"an athlete because they know what it takes to win and they've had to experience loss."
talent is everywhere. what's rare is someone who knows how to lose, recover, and still perform at a high level.
same thing separates profitable traders from everyone else.
Either align with the market, or have the patience to wait until the market recognises your stock.
But staying in between constantly complaining that stocks are manipulated or operated will not help.
bunch of cowards never pause and retrospect learn even after decades