Reborn as the richest man in India
Chapter 95 Net worth 400 million rupees
"You have to answer your questions, brother. I can handle all the big things. I admire you." Gawali boasted at the side.
As soon as Gao Haga read the contents of the newspaper, the worry in his heart disappeared immediately.
There are some speculations in the newspapers. As for the case of Pandit and his cotton being burned, it lists some people who had issues with Pandit and his companions, but there is a lot more written about them.
After all, the dispute between them and Pandit had only subsided not long ago, so it was normal for someone to talk about it.
"Big News, what is the name of the president?" Gao Haga pretended to think for a moment.
"News Gopalan." Gawali reminded him immediately.
"Oh, yes, that's that guy. I have a deep impression of him. Didn't he stare at Pandit and the others like a mad dog and bite him some time ago?" Pandit smiled slightly and said, "I heard recently that Pandit punished him. It's very sad. It's almost closed. I was thinking about if I could help him out if I had the chance. I didn't expect that this guy would really cause trouble and get us into trouble. Jiawali, please don't use these tabloids in the future. You told us, just see for yourself."
Gawali suddenly felt a little embarrassed: "Let's not talk about this anymore. When I came over just now, I heard Neil say that he made a lot of money from stocks. Tell me, what's the inside information?"
"Didn't you hear anything else?" Choudary looked at Gawali. They didn't know how long Gawali had been at the entrance and how much he heard.
"What else? Is there any good thing? Okay, you can hide it from me. Tell me about it." Gawali sat on the sofa regardless of his appearance and yelled, seeming to hide his secret from several people. Things are a bit dissatisfying.
The Gaohaga people looked at each other calmly, feeling that there was nothing unusual about Gawali, and they probably didn't hear what was said before.
Compared with the others, Gawali was taller and his behavior was a little rougher.
They are usually very carefree and can't hide things, so the Gaohaga people didn't think much about it.
On the afternoon of the third day after the cotton burning, Qiaogo received another call from Sen'ao.
It turned out that Pandit had no choice but to go to Bosh and Fajia for help.
He knew that Bosh had a close relationship with him, and he mainly asked Bosh to help contact him.
Fajia knows very well that Pandit and the others cannot have any problems in the future. If they really break the contract, it will be a huge blow to Mumbai's cotton export industry.
Therefore, he also asked Bosh to help Pandit contact him as much as possible.
So Bosh called Senao.
Someone like Bosh must know that Sen'ao knows his whereabouts.
"Then let's meet and ask Pandit to come to the warehouse." Qiao Ge said with a smile.
Bosh's face still needs to be given, and time is almost up.
It's enough to let Pandit wait for two days. If he delays it any longer, Qiao Ge is afraid that something will happen.
After all, Gao Ha's group is still watching with eager eyes, and he can now take advantage of the cotton.
During the past few days when I was hiding, Mumbai was not peaceful, and even the entire state of Maharashtra was not peaceful. Police from all over the country were cooperating with Mumbai to track down the arsonist.
As surrounding cities deployed a large number of police personnel to assist, local security and crime detection rates dropped significantly.
For example, a newspaper in Pune reported that a shooting occurred in a rural house on the outskirts of Pune a day ago. Four men were attacked by more than a dozen unknown persons. Three people died on the spot, and the whereabouts of another person are unknown.
Local villagers said that these people were not from the village. There were originally four people living in the house. They rented houses in the village. They did not usually stay in the village and only came to live for a few months a year.
Due to the tight police force, the local police station sent people to clean up the case hastily and ended the case as a vendetta.
Even if it was exposed by newspapers, it would be settled in the end.
In addition to the unrest, a big thing happened in the stock market.
There was a stock that had been skyrocketing for more than half a month recently, but it collapsed yesterday morning.
It was a newspaper that broke the news, saying that the company was actually an empty shell, all the accounts were fake, and all the assets that could be offset were mortgaged.
Yesterday afternoon, the owner of that company was arrested by the police. He readily admitted that the company had falsified its accounts and that the company was completely insolvent.
Even if Qiao Ge doesn't understand the stock market, he still understands that someone must be playing tricks here. He secretly transferred and hollowed out the company, and let this guy come out to take the blame.
Then this guy's family members or some relatives must have received great benefits. After a few years in prison, they can enjoy popular food and drink spicy food. It will be a good deal no matter what.
"I don't know who was unlucky enough to buy the shares of this company and actually became a shareholder and was frozen." Qiao Ge thought to himself.
The stock market is indeed dangerous. No matter where it is, there are always various manipulations.
At 3 p.m., Pandit met Jogo at the Pease Cotton Mill.
In fact, he had guessed that Qiao Ge was here, but they didn't want to see him, and he couldn't come in.
Fortunately, I found Bosh. Bosh's face is really useful. As expected, this kid has a good relationship with Bosh.
Looking at the boy sitting across from him, Pandit had mixed emotions.
I have been in the cotton business all my life, but in the end I have to bow my head to a 16-year-old boy, and I can't help but feel filled with emotion.
He quickly calmed down and said, "Qiaogo, is it okay if I call you this?"
"Of course, you are the elder." Qiao Ge said with a smile.
The other party is here to give money, so of course his attitude is good.
"Speaking of which, you and I have no real conflicts or grudges," Pandit said. "At that time, we were only targeting the cotton market. There was no loss to you, right?"
Qiao Ge thought about it and it seemed like this was the case. Pandit and the others really weren't targeting him.
Although they later influenced those large foreign purchasers to stop purchasing their own cotton, this was also human nature.
If I were in their shoes, I would probably do the same thing.
No matter what, the cotton they spent ultimately benefited them.
"You're right. Then let's be direct. I know your purpose. There is no problem selling cotton to you. As long as you pay, the goods can be taken away immediately. But how much do you bid?" Qiao Ge shook his head and asked the other party. This is considered a release of goodwill, and I have no reason to refuse.
After all, Pandit and the others are still very influential in Mumbai, and it is better to dissolve enemies than to make enemies.
Especially Gao Ha's side is full of malice towards me, so I can't make the relationship between the two parties extremely bad. This is unwise.
In the end, the two parties settled the deal at US$220 per pack, which is almost the current highest price.
Although the price of cotton is still rising, Qiao Ge knows that this price has already broken the historical record, and there will be a limit to its further rise.
It’s a high price but no market, because besides Pandit and the others, who would come to pick up such high-priced cotton?
Moreover, I am selling directly to Pandit, not exporting. The transportation fees, loading and unloading fees and all kinds of mess are paid by Pandit. I only pay some labor fees in the early stage, and the warehouse storage is my own. This cost Almost negligible.
Therefore, the original cost of about US$10 was saved and became my own profit.
203,000 bales of cotton, with a total price of US$44.66 million, equivalent to 562.7 million rupees.
The cost of purchasing cotton by myself was only 181.2 million rupees, which meant a profit of 381.5 million rupees.
Cotton is a special case with such high profits.
When the time comes, I will give Gao Hagar and the others 220 million principal plus interest, and I will still have 342.7 million rupees left. Plus other assets, it will be almost 400 million rupees. I will suddenly become a billionaire. The goalkeeper with a threshold of 100 million, but continued to take two or three steps forward.
The total price of cotton makes Pandit feel a little pained. In the past, the cotton they purchased was at least dozens of dollars lower than the export price. Otherwise, how could they make the difference?
The purchase price this time is the export price. Even when I exported it, the price was less than 220 US dollars, because I had agreed on the price with the foreign purchaser before. In other words, I lost money on this transaction. Losing more than 100 million.
But compared to the impact and losses caused by the breach of contract, my losses this time are already considered light.
He originally thought that Qiao Ge would bargain with him and take the opportunity to raise the price. For example, if it reached US$230 per pack, he would probably have no choice but to accept it.
However, such a result would make him feel unhappy, and his relationship with this boy would naturally not be very good in the future.
Unexpectedly, Qiao Ge was very happy in the end and settled for US$220 without further explanation.
This young man is quite interesting. He didn't make things worse for himself when he was in trouble, making things too difficult for him.
This made him feel more favorable towards Qiao Ge.
"Qiao Ge, if you want to continue doing business in the cotton industry in the future, we can take you with us. The purchase price will be the same as ours. As for exports, you don't have to worry. We will take care of the foreign purchasers." Pandit said.
Qiaogo didn't expect Pandit to say such words, which was equivalent to pulling him into the gang.
"Of course, I am a newcomer. Please take care of Mr. Pandit in the future." Qiao Ge said with a smile.
Pandit and the others are big merchants, so the price of cotton they purchase is naturally lower than that of other small merchants. Since they have integrated themselves into their circle, the cost will of course be much lower, and they don't have to worry too much about exports.
In the future, I may not necessarily focus on cotton exports, but I have a garment factory and there is demand for cotton. The lower the purchase price, the better.
Pandit smiled. Qiaogo now has a net worth of nearly 400 million, but he is barely qualified to enter their circle. The main reason is that Qiaogo's goodwill this time has been recognized by him.
"Qiaogo, there is one more thing I need to ask you for a favor." Pandit said again, "I hope you can talk about this transaction in the newspaper."
"Understood, I will explain it in the big news paper right away." Qiao Ge understood what Pandit meant. As long as this transaction is spread, the price of cotton in the market will definitely fall.
Because Pandit and the others bought 200,000 bales, the demand for cotton will not be that great, which will prompt some hoarders to rush to ship. Otherwise, if they miss Pandit and the others this time, the price will definitely fall back.
Qiao Ge has no reason to refuse this kind of favor, a good man will do it to the end.
"Big News?" Pandit frowned. He hated this newspaper deeply, especially the hateful Gopalan. If he hadn't taken his identity into consideration, he would have really wanted to beat him up personally.
Qiao Ge hurriedly explained, saying that he had now invested in the newspaper.
Pandit smiled. He still had some ambition. Now that Qiaogo was in charge of the big news newspaper, he would no longer cause trouble for the newspaper.
I believe that Qiao Ge will not let Gopalan slander him again.
For such breaking news, Qiaogo must take care of his own newspaper first, which can expand the influence of big news newspapers.
~~~~
Note: I will update two chapters first, and there will be another chapter at ten o'clock in the evening. I hope everyone will support me. Thank you, I will work hard to write.
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