Author: kumbhorg

Some stuff I am reading today morning: INR now @ 91.01 $ (Rediff) Trump orders blockade of Venezuela oil (CNBC) Indian Investors are thinking long term (CM) India’s Equity: Update your beliefs (ML) The 1.6 Lakh Cr Trader (MC) PE Firm: ChrysCapital (Forbes) High Income # Wealth (Niteen S Dharmawat) Money lessons for daughters (Fortune) What I learnt from reading in 2025 (Masters Invest) Buy The Dip is a poor strategy (AA) Discover more from Alpha Ideas Subscribe to get the latest posts sent to your email.

Be it in the IPL auctions or on the field, several IPL teams are always in the quest for the IPL trophy. After having a strong auction, some of the teams have formed a very formidable squad and are capable of winning the IPL trophy in the upcoming season.The Kolkata Knight Riders looked like a very formidable side after having aced all their auction bids with the large amount of purse they had. The Chennai Super Kings, on the other hand, overturned their trend and now have a bunch of youngsters in the team, while they have overlooked experienced cricketers.IPL…

The Toronto Maple Leafs are in the market for a top-four defenseman and a top-six forward TSN: After the Quinn Hughes trade, to no surprise, the Calgary Flames got more calls on defenseman Rasmus Andersson, according to Pierre LeBrun. “What is going to be interesting is how the Flames handle that potential trade. Do they move him as a traditional rental? He’s a pending UFA. Or do they involve the agent, Claude Lemieux, into a potential sign-and-trade to get more value in a trade? One thing I should mention is that among the teams that have circled back on Rasmus Andersson is the Toronto…

The Prime Minister has said Russian oligarch Roman Abramovich must “pay up now” to victims of the war in Ukraine or face court action.Mr Abramovich, the former owner of Chelsea Football Club, pledged in 2022 that money from the sale of the club would be used to benefit victims of the Russian invasion of Ukraine.The money has been frozen in a British bank account since the sale after he was sanctioned following Russia’s invasion of Ukraine.But there has been a delay in releasing the funds due to a disagreement between the UK government and his lawyers.Speaking in the Commons, Sir…

Hood River County, Oregon – December 16th, 2025 – This month last year, Abundant Mines quietly began to launch a feature that would go on to change how the bitcoin mining industry defines performance. Today, the company is celebrating the one-year anniversary of Hashrate Redirect™, a pioneering system that ensures clients continue earning bitcoin even when their machines are offline. For too long, mining providers have misled customers with uptime metrics that measure whether a facility has power, not whether a machine is actually hashing. A rig could be powered off, broken, or awaiting repairs and still count toward a…

Warner Bros Discovery has rejected Paramount Skydance’s $108.4bn (£80.75bn) takeover bid.Paramount had said its offer was “superior” to a $72bn deal that Warner Bros struck with Netflix for its film and streaming businesses.But Warner Bros’s board “unanimously” recommended a rejection of the offer and agreed the deal with Netflix was in the firm’s best interests, a statement to shareholders said. Warner Bros declined to comment and the BBC has also asked Paramount and Affinity Partners, which reportedly pulled out of the bid, for a response.Affinity was founded by US businessman and President Donald Trump’s son-in-law Jared Kushner.A key backer of…

Cricketer Matheesha Pathirana (PTI Photo/Ravi Choudhary) Former India cricketer Krishnamachari Srikkanth expressed surprise at the massive sum paid to Sri Lankan pacer Matheesha Pathirana during the IPL 2026 auction, where Kolkata Knight Riders secured him for a staggering INR 18 crore. Known for his unusual bowling action, Pathirana attracted intense interest on auction day, with Delhi Capitals and Lucknow Super Giants engaging in an early bidding battle before KKR stepped in and eventually outbid Lucknow to land the pacer at a record price. Pathirana made his IPL debut in 2022 but truly made his mark in 2023, becoming a key…

For years, federal hiring followed a rigid formula. Degrees acted as gatekeepers. Experience defined eligibility. Salaries rarely compete with the private sector. Technology talent, in particular, remained scarce inside government systems built for another era.The Trump administration has now chosen to disrupt that structure. With the launch of the U.S. Tech Force, the federal government is rewriting its recruitment rulebook, opening high-paying technology roles to applicants without college degrees or formal experience, and signalling a deeper shift in how the state plans to rebuild its digital capacity according to a report by Fortune.A federal role without traditional barriersThe Office of…

The crypto market opens December 17 under caution, with .cwp-coin-chart svg path { stroke-width: 0.65 !important; } .cwp-coin-widget-container .cwp-graph-container.positive svg path:nth-of-type(2) { stroke: #008868 !important; } .cwp-coin-widget-container .cwp-coin-trend.positive { color: #008868 !important; background-color: transparent !important; } .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.positive { border: 1px solid #008868; border-radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.positive::before { border-bottom: 4px solid #008868 !important; } .cwp-coin-widget-container .cwp-coin-price-holder .cwp-coin-trend-holder .cwp-trend { background-color: transparent !important; } .cwp-coin-widget-container .cwp-graph-container.negative svg path:nth-of-type(2) { stroke: #A90C0C !important; } .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.negative { border: 1px solid #A90C0C; border-radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.negative { color: #A90C0C !important; background-color: transparent !important; } .cwp-coin-widget-container .cwp-coin-trend.negative::before { border-top: 4px…

Enjoyed this article? Share it with your friends! Screenshots shared on X show an email from Yida Gao, the head of Shima Capital, telling founders that the firm plans to close down operations. In the message, Gao reportedly said he would step down as managing director and begin an “orderly wind-down” of the fund.The email appeared after the US Securities and Exchange Commission (SEC) filed charges against Shima Capital Management LLC and Gao. Did you know? Want to get smarter & wealthier with crypto? Subscribe – We publish new crypto explainer videos every week! Sidechains in Crypto Explained EASILY (Animated)…