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Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

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Royalty to parent

Fundamental analysis

A fee, usually a percentage of sales, that an Indian subsidiary pays its foreign parent for brands or technology.

In plain terms

A related-party payment that moves profit from Indian minority shareholders to the parent. Watch for increases in the rate.

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Indian stock market glossary · Market Vidyalaya