Reborn In 17th century India with Black Technology

The reaction brought by the establishment of the Mangaluru Stock Exchange was very positive. People generally were very intrigued and had a very good first impression of this move made by His Majesty and the government. Taking advantage of the people's curiosity and in order to further educate the citizens about the stock market, information and knowledge about stock trading had been continuously provided to the public in the form of articles written by the Minister of Finance, the Director of the Reserve Bank of Bharat, the Director of the Tax Bureau, and various professors from the Economic Department of the Bharatiya Institute of Sciences. These were publicized in *Bharatham Daily* in almost every issue since 18th July.

Knowing that in order to list a company on the Mangaluru stock exchange the company's revenue had to be disclosed, and at least 10% of the shares had to be put into the market, a lot of reputable companies, who are still running their companies in a conservative, fully owned method, did not consider listing their companies. But it was another matter for the small companies who were lacking almost everything.

Young Disha, a successful entrepreneur and the founder of the medium-scale Arogyam Furniture Company, whose main products were rolling chairs and ergonomic chairs, had wanted to break into the general furniture segment in the empire. But sadly, Disha was disappointed to discover that the segment had already been almost occupied by some of the large furniture enterprises built on top of large-scale demilitarized industrial enterprises. However, Disha was not deterred; she wanted to use her ingenuity and innovation to break through the blockade by introducing a line of matching furniture for the higher middle class. But unfortunately, she was cash-srapped. All the cash she had gained from selling her furniture went into expanding the production and paying for the raw material suppliers. What's more, she had invested even her profits into the company, which made her very low on liquid assets.

When she found the information about the stock market, she was very intrigued, and when she studied it more in depth, her eyes brightened, realizing that it was an opportunity.

Disha only had a few shareholders holding around 30% of the equity, while she held 70% of the majority, so she wasn't worried, since giving 10% to the public would result in very little to no managerial rights loss in exchange for the much-needed cash flow.

What's more, she was very confident in the company's performance, given that it is a market leader in the chair segment for medical purposes. Not to mention, she had sold almost 420,000 units last year alone, out of which almost 30% was contributed by exports to Europe.

Disha finally decided to list her company on the stock exchange.

Rohan Thakral and Kiran Malhotra, the director and chief researcher of Dashamuni Pvt. Ltd., were extremely excited by the opportunity made available due to this stock market. Chief Researcher Kiran Malhotra had invented a detergent formula which would not only use activated carbon and floral fragrance, but this detergent could also be made into a liquid or powder.

Director Rohan Thakral was very interested and excited about this discovery, and he immediately wanted to market it. But sadly, the preparation of the detergent required quite costly chemical equipment, which is currently only built by the Raya Machinery Company. Dashamuni Pvt. Ltd. was doing quite well for itself but not well enough to purchase large-scale chemical manufacturing equipment capable of mass-producing thousands of tonnes of chemical reagents per year.

So, when the news about the stock market was made public, Rohan Thakral, who had a lot of faith in the royal family, almost immediately decided to list Dashamuni Pvt. Ltd. on the stock market.

Akshay from Akshay Carriages and Co. decisively chose to enlist his company in the stock market, dishing out a whole 20% to the public. When Akshay started the company, he used to personally build carriages in his workshop along with a few friends and artisans. The capability of his workshop was only a few dozen carriages per month. However, when the empire switched to military economy, his carriage workshop was nationalized, and he had become the director. Using all the resources of the empire, he managed to grow the factory hundreds of times. By the time privatization came around, his workshop had become a large-scale carriage manufacturing enterprise capable of manufacturing dozens of carriages per day, hundreds per week, and almost 1,000 per month.

Akshay held almost 93% of his company, so he wasn't worried about it going out of his control when he listed it on the stock market. What he was more worried about was whether he could get enough benefits from listing, because despite being a large-scale manufacturing enterprise, he still believed that the cost of carriages was too high.

His idea was to increase the scale of manufacturing, increase the scale of mechanization by implementing automated machines similar to Machine Tools Version 3 or its modified alternatives built for special purposes as much as possible, and implement strict quality control standards that were more stringent than the BSO.

All of this required a lot of money. He had the option of taking a loan from the bank, and no bank could refuse him considering his very healthy assets, but he wanted continuous funds. So, he planned to list his company on the stock exchange and fuel the company's expansion with expansion.

Frontier Construction Firm, run by Peshva Reddy, Kombu Minerals, run by Arjun Kombu, Joshi Silks, run by Raghav Joshi, and Oppenheimer Goldstein and Co., run by Ezekiel Oppenheimer and Moshe Goldstein, all applied for an opportunity to list their companies on the Mangaluru Stock Exchange.

All the enterprises wanted to take this opportunity to overtake the top players in the sector and stay ahead of the curve. Unknowingly, the stock market had become one of the most important tools for entrepreneurs to develop their businesses.

Joseph Oppenheimer, who had just taken the post as the general manager of the Mangaluru Stock Exchange, was surprised to see so many listing applications from dozens of high-quality companies almost immediately. Honestly speaking, Joseph did not have any experience running a stock exchange, but being in the financial sector for almost all of his life, he knew the ins and outs of the stock market. He happily started his work by approving dozens of high-quality companies and sending auditors to audit the new applicants.

"The rise of the Bharatiya Empire is unstoppable," he said to the reporter who came to interview him. With these words, the excitement among the entrepreneurs increased by many magnitudes.

Unfortunately, this opportunity was somewhat out of reach for the rare industrial enterprises and new entrepreneurs that had been established in the northern part of the Empire over the past 16 months, inspired by the industrial enterprises of the South.

These enterprises were all saddened when they learned about the location and the conditions of the stock exchange. They neither had the reputation nor the resources to list their companies on the stock exchange, especially considering that they hadn't been established for too long or did not have so many resources under their control. They lamented that their one year's progress couldn't even be compared to a few months' progress of an enterprise established in the southern part of the empire.

However, maybe the situation is about to change...

---

21st July 1659

Akhand Bharatiya Empire, Ahom State, Guwahati

The state of Ahom has developed significantly compared to other northern states. The main reason for this is that the majority of timber raw materials for the Empire's industry come from the state of Ahom, contributing a staggering 75% of all high-quality timber used in the Empire. In fact, due to timber being a non-renewable resource that can only be harvested once a tree reaches adulthood, only around 40% of the timber processed in Ahom is procured locally. The rest is sourced from the state of Videha, the birthplace of Goddess Sita (Nepal), and the state of Kashyapamar (Kashmir, Jammu, and Ladakh), accounting for 45% and 15% respectively.

The reason why the state of Ahom still holds a dominant position in timber-related industries is that, during the existence of the Mughal Empire, the Bharatiya Empire Didnt have access to the Himalayan region and procured all its timber from the Ahom Kingdom. Through this process, the timber industry grew significantly and contributed immensely to Ahom's economy. When the Mughal Empire fell and Ahom became part of the Bharatiya Empire, technological barriers were removed. The Kingdom of Ahom immediately capitalized on this, invested heavily in timber processing industries, and secured a dominant market position while the states of Videha and Kashyapamar were still struggling with the aftereffects of the war. Find more chapters on empire

Currently, Ahom processes all the timber required for the navy locally and ships it directly to the shipyards instead of selling their timber to processing factories in the South, earning greater profits.

Another reason for Ahom's development is the unusual manner in which it became part of the Bharatiya Empire. It was not conquered but willingly joined, and since it had not faced the full wrath of total war with the Mughal Empire, most of its economy and industries were preserved. Hence, Vijay aimed to stabilize the hearts of its citizens and demonstrate the benefits of joining the Bharatiya Empire as quickly as possible. As a result, even before focusing on other northern regions with high potential, such as Bengal or Punjab, Vijay gave significant attention to Ahom.

Infrastructure projects in Ahom began much earlier than in any other state. For example, while other states were still constructing their Arkha Dristhi communication stations, Ahom has already completed constructing them in all tier-one cities of the state. This is particularly impressive, considering that Ahom is not a small state. For reference, the current state of Ahom consists of Bhutan, Meghalaya, Arunachal Pradesh, Sikkim, Nagaland, Manipur, mizoram and Tripura from 21st-century India.

With such support, if the state of Ahom does not develop, it would indeed be a miracle.

---

Raja Jayadwaj Singha stood in front of a large palace with a happy expression on his face. This was the Bank of Ahom he had just established. In fact, the moment the concept of a bank was introduced, he wanted to get involved with it almost immediately. However, being cautious by nature, he did not want to be the first bird. Even though the first bird gets all the prey if it succeeds, the first bird will also lose everything if it fails.

Being a king of a dynasty that is over a century old, Jayadwaj Singha didn't want to take risks. Even if he could not obtain the absolute maximum interest, it was enough for him to make steady profits while reducing risks. He had waited so long and observed the three banks in the Empire to see how profitable they were before making his decision.

Only after analyzing these factors did he decisively invest almost all of his wealth from the family treasury to establish a bank solely owned by his dynasty.

"Huh huh huh." Every time he thought about being the only person, aside from the royal family, to totally own his own bank, he couldn't help but feel proud and laugh from time to time.

Just then, suddenly, "Your Majesty, today's newspaper," an old man dressed like a butler in traditional Ahom clothes handed over the *Bharatan Daily* newspaper.

Jayadwaj Singha quickly read the newspaper, and his happy expression immediately disappeared. 'What is His Majesty doing? Is he trying to target me? Or is he trying to target the northern part of the subcontinent as a whole? Or else why wouldn't he include us within the stock market governance board?' He ground his teeth in annoyance. But once again, looking at his bank, which was only now undergoing the finishing touches, he suddenly realized that no one actually knew about his bank except for maybe the elites of the Empire who paid attention to this sort of news.

'So, my bank is not included because it has no reputation?' he thought, stroking his chin. Suddenly, an idea struck him. *"That may be so, but it's not right to always depend on others. Maybe I should start a stock market on my own,' he thought. Jayadwaj Singha was quite interested in the idea of a stock market as described in the *Bharatham Daily* newspaper.

"Utkarsh, procure the requirements through the government channels to establish a stock exchange. Didn't the newspaper say that the stock exchange is regulated by the SCE? Directly contact them under my authority as a king of the Empire."

Then another thought crossed his mind.

"His Majesty did not establish the stock market on his own. Instead, he did it with two other supporters. I think this might be due to some regulation for establishing the stock market. So let's be cautious. Contact the five prominent merchant families currently having the most influence in the Bank of Āryāvarta and inquire if they have any intention to cooperate."

The old man Utkarsh respectfully nodded, gave a slight bow, and left.

P.S. Upgraded to 24H2, Win11 but Balabolka Just shuts off randomly sometimes and there is a prob with Bluetooth Fuk, I need to reinstall drivers fuck Microsoft