Source: Exchange Filings of Imagicaaworld Entertainment Ltd

Some stuff I am reading today morning:
India, China clash near Arunachal Pradesh border (FE)
HDFC-HDFC Bank merger to shake India’s debt market (MC)
India to attract $10 Billion in green energy FDI in 2023 (BS)
LIC: Elephant learning to dance (Fortune)
Leena Nair at Chanel (Forbes)
Company: South West Pinnacle (BI)
On the Build-Your-Own-Index Boom (Advisor Hub)
Who says you can’t time the market? (Felder Report)
How much time to spend thinking about your own portfolio? (Buffett)
Consoles & Competition (Stratechery)
Source: Prospectus of Arihant Academy Ltd
Surprised to see that an Education co is raising funds for working capital requirements. Coaching centres are well known for their minimal need for working capital

As expected, there is 0 inventory and 0 trade receivables. But what is this other current liabilities?

Amusing to see that most of the other current liabilities is advance coaching fees !

Source: RHP of Landmark Cars Ltd

Source: RHP of Abans Holdings Ltd
