I am a master in India

Chapter 29 Trouble is coming
120 million rupees may seem like a lot, but at the current official exchange rate, it's just under $4.

Tsk, when you think about it, it doesn’t seem like much money.

However, seeing bundles of 500-rupee notes piled up on the table is still very visually impactful.

In this foreign exchange speculation feast, Ron invested a total of 50 rupees.

This included his savings, the company's gross profit, and Anand's own pocket money.

As mentioned before, they have been doing currency exchange.

This process continued till the end of last month, long before the rupee fell.

It was also because of this interest rate difference that they were able to exchange 50 rupees for 2.6 US dollars.

When it reached the black market, it was sold to Khad Khan at 1.5 times the official price.

During the entire transaction, Ron made two profits from the difference in price, one from the exchange rate difference caused by the depreciation of the rupee, and the other from the premium on the black market.

After receiving two waves of dividends in a row, the principal has more than doubled.

What constitutes excessive profiteering? It's all spelled out in the Indian Penal Code.

Well, that's an exaggeration. His business is at best a gray area.

And as for India, those who understand it all know that everyone in this country is an outlaw.

Ron was just adapting to the local customs; his achievement was not worth mentioning.

120 million rupees, shaving off Anand's 6 and leaving 4 as company operating capital.

For the remaining 110 million, Ron planned to keep two sets of accounts. One set was the open account, which was the company's operating income.

The other set is secret accounts, which is what Khad Khan calls black money, and they are not subject to tax.

The revenue sources of Mumbai Travel Information Company are very vague and impossible to define, making it very easy to manipulate the accounts.

India's supervision in this area is non-existent, otherwise the scale of black money would not be more than half of the legal economy.

Ron could only sigh and say it was outrageous, but he also accepted it with pleasure.

After dividing the money in his hands and depositing part of it in the bank, Ron now began to think about another thing.

“Anand, where do you think is the best place to rent an office in Mumbai?”

"Ron, you mean a nice house with air conditioning?" Anand's eyes lit up.

"Yes, we are doing serious business, so of course we have to find a more impressive place to work."

"Yes, a beautiful house! To South Bombay, the richest place in India!"

Anand seemed even more anxious than Ron. As soon as the two came out of the bank, he couldn't wait to get in the car.

"Wait a minute, Anand. This is your money. Do you want to deposit it in the bank?" Ron stuffed 6 rupees wrapped in paper in advance into his hand.

"This is my money, 6?!" Anand shouted excitedly.

"Yes, we all made a killing."

"Ron, Ron Baba! We are rich!" Anand stuffed the money into his arms and hugged it tightly.

"What did you call me?!"

"Ron Baba, adding Baba after the name shows respect. I like you, Ron!"

"No, shut up!" Ron felt a chill run down his spine.

His mind was now filled with Anand's chubby face, mixed with the cute look of little Nia.

Yue~, Ron shuddered subconsciously.

"Why, you don't like it?" Anand stared at his face.

"Call me Ron."

"But Baba..." "Oh my god, keep your voice down. If you really think of me as a friend, just call me Ron!"

"Okay, Ronba..." Anand shut up and glanced at him.

"Okay, aren't you going to take me to see a beautiful house with air conditioning?" Ron waved his hand.

"Okay! Follow me!" Anand cheered and led the way.

Mumbai's development is visible from south to north. Starting from the southernmost India Gate, the area around it is full of modern high-rise buildings or magnificent Gothic buildings.

The Taj Mahal five-star hotel, the Reserve Bank of India, the Bombay Stock Exchange and the Victoria Railway Station form a landmark complex in Mumbai and are the CBD of the entire area.

It is also home to luxurious supporting facilities such as universities, theaters, hospitals, courts, and villas for the rich. It is the essence of the entire Mumbai.

A little further north from here, in the central area, is the community where ordinary office workers live. This is where Ron's current apartment is located.

After passing the central part and heading north, the first thing you encounter is the famous Dharavi, the largest slum in Asia.

If you look down from the sky at night, the brilliant light band from south to north gradually dims. By the time you reach the northernmost tip of Mumbai, it's no different from a rural area.

Anand has been in Mumbai for many years and is familiar with every street and alley here.

"If you ask me which is the most suitable location for our office, it would definitely be the fortress area." Anand pointed proudly at the street ahead.

"It looks nice here, with busy streets and European-style architecture. I imagine there are many colonial-era offices left here."

“Not only that, Victoria Railway Station is also in the Fort area, as is the India Gate, the Taj Mahal Hotel, and even the marina.”

Following the direction of Anand's finger, Ron saw tall buildings, park squares, old Gothic houses, convenience stores and roadside stalls lined up along the street.

The fort area was where the British first gathered after occupying Mumbai. They built a wall to surround themselves.

Until now, many houses from the 18th and 19th centuries are still preserved in the fortress area. When Ron first saw it, he thought he was in a European-style street.

"How's the rent here?"

"It's not expensive. There are cheaper ones. I promise to find the most suitable price." Anand shook his head happily.

"Okay, let's find a bigger place. We need to recruit more people."

"Okay! I have an acquaintance, I know who to find!" Anand shouted, running across the street without stopping.

Ron wanted to call him back, as there were still some details to tell him, but thinking about the money he had made recently, he decided to relax.

He was going to check out Victoria Railway Station, which was currently being looked after by Anand's cousin Vinod.

After a fifteen-minute walk, he saw the iconic spire of Victoria Station.

It would be nice if we could find a suitable office in the fortress area.

Ron was thinking this, and before he knew it, he had arrived at the train station entrance. Here he saw a familiar figure, Vijay.

He is one of Anand's friends and now also follows Ron in the tourism business. At this moment, he is standing at the intersection looking around anxiously.

"Vijay, who are you waiting for here? Is a guest missing?"

"Mr. Soul!" Vijay turned around and saw him, and immediately ran over in a hurry, "Hurry, there's trouble!"

"what?"

"Someone's here to cause trouble, and he looks fierce!"

"Who? You need to explain everything to me clearly. Why are they causing trouble?"

"Several of them. Vinod said they used to be thugs here and also did business with foreigners."

Ron understood a little, thinking that it was probably a colleague who came to visit him.

Indeed, their business has been so prosperous recently. Money is so tempting, how could there not be people who are jealous?

(End of this chapter)