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The Infant Learner
Some stuff I read this week:
A. This week’s Special:- The Secret of Dirty Money
“The Panama paper” is biggest collaborated investigation in world media journey so far.In this investigation name of 140 politicians from more than 55 countries are revealed, who are connected to offshore companies in 21 tax havens. During the investigation 260 GB leak data ,11.5 millions leak documents of Mossack Fonseca are investigated.
Panama is a country which is considered as a tax haven for offshore entity. Mossack Fonseca is a law firm which provide commercial law & Investment advisory services to their clients and having offices in 40 countries.The firm specialized in “Tax planning ” & one of the memo said that ” 95 % of our( Mossack Fonseca ) works coincidentally consists in selling vehicles to avoid taxes“.The leak documents purport to show Mossack Fonseca’s dealings with world leaders, company officers’ internal discussions about court cases, and communication about sheltering money obtained through crimes.For more details please go through the following links:
Link 1 :- What do the Panama Paper reveals ( Video )
Link 2 :- 5 charts on the Panama Papers leaks ( World Forum )
Link 3 :- The Panama Papers, explained with piggy banks ( VOX)
Link 4 :- About the Panama Papers Story ( Sueddeutsche )
Link 5 :- Panama Papers India Part 1: ( Indian express )
Link 6 :- Some of the names on the list of Panama papers ( Project-ICIJ )
B. Entrepreneurial Diary
( “Business means solution of a particular problem and Creating value for customer as well as value for company ” – Paramjeet Redu )
Losing Money ( AVC )
16-Year-Old Protege Aims To Reshape The $11B Shampoo Market ( Forbes )
An outsider’s view of Indian startup ecosystem (Medium )
How do entrepreneurs know when the time is right? ( Virgin )
Start Up Story : UrbanClap ( Your story )
Start Up Corner : Swagene ( Business Standard)
From Rs.5000 to Rs.5500 Crore, Inspiring story of an Entrepreneur ( Weekend Leader )
Refused by IIT, This Blind Man Went on to Become an MIT Grad and CEO of a Rs 50 Crore
Company ( The Better India )
C. Other Stories
Success Always Starts With Mistakes ( Micro Cap )
RBI Governor to students: Exert your independence ( Business Today )
Stock Analysis:United Nilgiri Tea ( Public Note )
IVRCL is an example of what’s wrong with India Inc ( Equity Master )
The 29,000 Crore coal over-invoicing scam ( EPW )
Indian e-Commerce just hit a new Normal (Founding Fuel )
Firewalling The Vault ( Outlook )
Vodafone India starts process for IPO ( Bloomberg )
“I read everything: annual reports, 10k’s, 10q’s, biographies, histories, five newspapers a day. On airplanes, I read the instructions on the backs of seats. Reading is key. Reading has made me rich over time” – Warren Buffett
“I constantly see people rise in life who are not the smartest, sometimes not even the most diligent, but they are learning machines. They go to bed every night a little wiser than they were when they got up and boy does that help, particularly when you have a long run ahead of you” – Charlie Munger
You have to apply yourself each day to becoming a little better. By applying yourself to the task of becoming a little better each and every day over a period of time, you will become a lot better”- Carol Dweck