#IFBA2021: Sonu Bhasin (@sonubhasinFAB), Founder - FAB, on trends that have transpired over the years when it comes to family-run businesses and how some of these businesses are catering to the requirement of the 21st century.
Nifty Trades Flat as High Valuations Meet Weak Earnings 😴📉
Despite all the drama around us, the Nifty decided to take a nap in the past one month and stay in a narrow range. But here's what's really going on behind the scenes...
Follow this thread to know🧵
#Nifty #Markets
It’s not the market being lazy. Corporate India just reported some of the weakest earnings we’ve seen in years. 🏭💔
#IndiaInc #Earnings
Let’s talk numbers: The Nifty just had its fourth straight quarter of single-digit growth. 📉
The March quarter? A measly 3% profit growth. Ouch. 🤕📊
If there is one #Paytm explainer you read, make it this one. After the #RBI cracked down on #PaytmPaymentsBank, the question was how will @Paytm be affected?
What part of the business could be lost and what will remain? Where does it go from here?
#Paytm makes more than half of its revenue from processing payments – 38% of its revenue came from processing payments for merchants (including device subscriptions) in Q3 of FY24 and 21 percent from processing payments for consumers.
So, #Paytm uses this huge customer base to cross-sell loans and other services such as broking, movie and travel tickets, and cloud services.
@Paytm makes 2.5 percent to 3.5 percent of #loan value upfront on the disbursement of loans. In December quarter, Paytm distributed loans of Rs 15,535 crore, up 56 percent YoY basis.
#KarnatakaElectionsResults: The state came out to vote on 10 May. DK Shivakumar, Siddaramaiah, Basavaraj Bommai, & HD Kumaraswamy fight for the next CM position.
Which Party will gain majority status - #Congress or #BJP or JD(S)?
#KarnatakaElectionsResults | In the next 2-3 hours, it will become clear. Exit polls show that the two national parties will score in a big way. The exit polls have given 30-32 seats to JD(S). I am a small party, there is no demand for me...I am hoping for a good development:… twitter.com/i/web/status/1…
Karnataka Decides:#BJP slightly ahead of #Congress in early counting trends