CA Kanan Bahl Profile picture
May 29 6 tweets 4 min read Twitter logo Read on Twitter
Jadeja was once called, “A player of bits and pieces.”

Never write off yourself!

Life goes from 0 to 100 very quickly! Keep working hard!

#IPL2023Finals #Jadeja #CSK
Dhoni started his international career in 2004 with 0(1) against Bangladesh

If Dhoni ends his career now, he’ll end the same way he started, 0(1)

Oh, but what a beautiful career between these two innings :)

#Dhoni #MSDhoni #CSK
Rayudu felt very humiliated when he declared retirement from International cricket after not getting selected in 2019 WC squad.

But oh, how he controlled and changed the course of this innings :)

#Rayudu #CSK
We all called Rahane, Harane after his dismal performance in the Tests lately!

But see how the gentleman proved us all wrong again today :)

#Rahane #CSK
Wriddhiman Saha aged 38, never got the opportunities he deserved

But oh, what a finish! Excellent IPL final by him :)

#Saha #GT
Let’s us not forget the most crucial discovery our nation got this season

The person whom his own team didn’t retain went on to score second highest number of runs anyone has ever scored in the history of IPL

Shubhman Gill :)

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More from @BahlKanan

May 31
A team of 125 people were recently caught in Haryana scamming people worth ₹100 Crores+🤯

These criminals defrauded over 28,000 people from 35 states & UTs across the country📉🔻

I read a lot about how they scam so that you don't fall prey! A thread🧵👇
[1] How did they defraud people?

🔸UPI Scams
🔸Fake Listings on OLX
🔸Work from home opportunities - ₹30,000 per month
🔸Sextortion - Post video calls

Let us understand how they scammed people using UPI and OLX
[2] OLX Scam

Fraudsters used to lure people with attractive sale offers of:

👉Bikes
👉Cars
👉Mobile Phones

by posting ads on Facebook or OLX

Contd..👇
Read 10 tweets
May 26
Virat Kohli made ₹240 Cr in 2021 from endorsements alone🤯

This is the amount at which an entire IPL team's rights were bought in 2008😲

BCCI is going to make ₹50,000 Cr+ just from IPL during 2023-2027📈

What makes IPL one of world's biggest sporting league? 🤔A thread🧵👇 Image
Main players in the IPL Business Model Ecosystem

🔸BCCI: The organisers of IPL;
🔸Team Owners: Companies or rich people like SRK;
🔸Broadcasters: Viacom18, Star Network;
🔸Sponsors like Title sponsors etc.

Revenue streams for these players👇 Image
[1] Broadcasting Rights

🔸Sold for ₹48,390.5 Cr for 5 seasons from 2023-27🤯

🔸Jump of 3x from 2018-22 rights amt & 11.8x from first 5 yrs📈

🔸Star sports has TV rights & Viacom 18 (Jio Cinema) has app rights

🔸Amt is divided b/w BCCI (50%) & all 10 IPL teams equally (50%) Image
Read 17 tweets
May 10
Medical Insurance in India is rising at 14% p.a.📈

In 2020, when my grandfather got admitted to the hospital after Covid, the bill was a whopping ₹20,00,000

In 2025, this will cost ₹40,00,000🤯

Here's more on why you should buy insurance today🧵👇
[1] Lower Premiums For Life

👉Age is not just a number🔞

👉Insurance purchased in the early 20s are much more affordable than for people in 30s and 40s

👉This is because in the 20s you would be in the pink of your health and most probably you won't make claims Image
[2] Reduced Chances of Rejection

🔸Applications of people:

👉Aged 60+
👉Diagnosed with illnesses like heart problems

🔸Have higher chances of rejection than people at a young age who suffer from fewer health issues

🔸Premiums are also expensive for people with comorbidities🔻 Image
Read 8 tweets
May 9
After 8 years of hardwork, I finally treated myself with an iPhone

6 ways on how you can buy it to within ₹50,000 (without exchange)🧵👇 Image
[1] Wait for the right sale

Big Billion Day Sale is there but many times, e-comm players come with special offers on specific phones.

Flipkart was running a sale on iPhone 13. It was priced at ₹57,999. On other platforms (Croma), it is priced at ₹62,999.

Saved: ₹5,000 Image
[2] Use the right credit cards

Someone from your good friends will always have the relevant credit card which has maximum cashback available.

Used Flipkart Axis Bank Card for availing 5% discount on ₹57,999.

Saved: ₹2,900
Read 15 tweets
May 4
Adani Enterprises Ltd. reported 183% jump in Profit After Tax (PAT)📈

However, the Auditors have issued a qualified opinion🤯

To know:
🔸What is a qualified opinion?🤔
🔸What are the qualifications/objections?
🔸Who is the auditor?

Read on👇 twitter.com/i/web/status/1…
[1] What is a Qualified opinion?

A qualified opinion means that based on auditor's findings

the financials of company are fairly presented, except for a specified issue.

This means that a particular issue is material in auditor's view but co. didn't consider in its financials. twitter.com/i/web/status/1…
[2] What are the qualifications/objections?

👉Objection 1: The matters raised by Hindenburg are pending investigation.

These matters are pending investigation before the Supreme Court and SEBI. Therefore, the auditors can't comment on the consequences.
Read 8 tweets
Apr 16
From struggling to buy milk for his son to having a net worth of ₹650 Cr+🤯

Vijay Kedia has become one of India's most successful investors

Let's learn about his exceptional stock-picking skills and the secrets to his success.

A thread🧵👇 Image
[1] Early life

🔸Born in Kolkata in 1959 into a Marwari family

🔸Graduated in commerce from Calcutta Univ

🔸In 2016 he recd. Honorary Doctorate for Excellence in Mgmt

🔸Joined the family stockbroking business at 19 after his father's death but started pursuing trading as well Image
[2] Start of Investment Career

🔸Initially, @VijayKedia1 made profitable trades but suffered significant losses that wiped out his profits

🔸He realised the need to focus on fundamental investment.

🔸Moved to Mumbai from Kolkata to learn more about investment. Image
Read 17 tweets

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