Discover and read the best of Twitter Threads about #businessbasics

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(1:8) From where does the rupee come and go? #BusinessBasics #Jagrukjanta
(2:8) First things first.

For printing currency notes, the ink is mainly imported from Swiss company SICPA and the paper comes from two mills: Hoshangabad, MP and Mysore, Karnataka.

Then comes the printing presses and mints.

Notes are printed at units in Nashik, Dewas, Mysore
(3:8) & Salboni.

While coins are minted in the mints located in Mumbai, Kolkata, Hyderabad and Noida.

The RBI presently manages the currency operations through its 19 Issue Offices located at Ahmedabad, Bengaluru, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati,
Read 8 tweets
(1:6) Who owns these companies? #BusinessBasics #JagrukJanta Image
(2:6) Nobody owns them.
Rolex, IKEA, Mozilla Firefox, TED & Wikipedia.

WHY??

Because they are owned by different non-profit organizations.
(3:6) Owning NPOs of the above-mentioned companies:-

Rolex- Hans Wilsdorf Foundation

IKEA- Stichting Ingka Foundation

Mozilla Firefox- Mozilla Foundation

TED- TED Foundation

Wikipedia- Wikimedia Foundation.
Read 6 tweets

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