[alephnerd]

Oh, well, I'm not a domain expert in this space. I'm a VC - my job is to be confidently wrong ;). The closest I've ever been to this industry was bombing an FPGA optimization interview at Citadel eons ago, but I also don't like humidity or snow for 9 months in a year, but I do like Malort and Hyde Park - such is life.

All I know is a set of firms like Millenium, Citadel, Jane Street, etc ki gaand phatne wale hain. You don't pull these kinds of shenanigans during or in the run-up to General Elections, Bihar Assembly Elections, or UP Assembly Elections. People have been screwed over for less.

[leosanchez]

I don't see how elections are relevant here. And also, in India every year there is some kind of election. If not Bihar, then West Bengal

[alephnerd]

> I don't see how elections are relevant here

Everything revolves around elections in India. It is a highly political environment and elections are a big business (just getting a party ticket nomination to campaign for an MLA seat itself costs around $10-20 million).

And the public sentiment against big business in India has gotten much stronger lately due to the past several years of inflation. Jibes against Adani and the stock market crash in 2024 after the General Election solidified that view.

> If not Bihar, then West Bengal

West Bengal state elections don't matter - it's not a swing state, and the local TMC has removed any breathing room for other parties like the BJP, INC, or CPIM in the WB political arena.

Bihar on the other hand is a swing state which is up for grabs this year due to the succession crisis within the ruling JD(U), and it's election is always used as a petri dish for messaging and campaigning across Hindi-speaking North India.

The Bihar and UP state elections always set the tone for the General Election. The others are important, but nowhere near as important.

[leosanchez]

I still don't see how banning JS will benefit BJP in next election. The avg Indian wouldn't even know what Jan Street does.