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 β 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:β¦ twitter.com/i/web/status/1β¦
Karnataka Decides:#BJP slightly ahead of #Congress in early counting trends
Here's a Moneycontrol exclusive newsbreak that has echoed across the internet. π₯
#Meta is mulling a #Twitter competitor codenamed βP92β which will also be interoperable with #Mastodon.
@deepsekharc & @tsuvik bring us details about what this might look like. A thread π§΅
The app will be #Instagram-branded and will allow users to register/login to the app through their Instagram credentials, sources said. π²
@moneycontrolcom has seen a copy of an internal product brief that elaborates on the functioning and various product features of the app.
This development comes at a time when tech companies are eyeing an opportunity to capitalise on the growing trend of Twitter users looking to migrate to alternative platforms, with the chaos in #Twitter caused under the new owner @elonmusk