India, the world's largest vaccine maker, has now become a vaccine importer.

What went wrong with our #COVID19 vaccination strategy? India’s vaccination drive was supposed to be the light on the horizon. Not just for its own pandemic response but also for several other countries, particularly low- and middle-income ones, which relied on India’s pharmaceutical expertise to flatten their #coronavirus curves.

Clubhouse wants to become the next big thing in social media. But that's easier said than done.

Why? 3 reasons.

1/3: While its rise has been impressive, #Clubhouse's audience is still a droplet in a sea compared to its competitors’. 2/3: There’s competition a-brewin’. Twitter has gone live with a similar audio-only feature called Spaces. Spotify recently acquired Clubhouse rival Betty Labs. Discord, Facebook, Slack and LinkedIn are working on live audio offerings too.

Who let the #Doge out?! #Dogecoin is having a sensational April!

In a span of only 24 hours, the price of the “meme cryptocurrency” more than doubled, with its valuation skyrocketing to above $40bn. Dogecoin is now one of the top 10 cryptocurrencies on the planet by market cap.

Airtel is a big deal in Africa.

Bharti #Airtel may be fighting an uphill battle to safeguard its premier position in the Indian telecom hierarchy. But its subsidiary in #Africa has been on a relentless uphill climb since it began operations there a little over a decade ago. #AirtelAfrica is one of the three largest telecom operators on the continent. As of 2020, it provides voice services to 110.6 million customers and data services to 35.4 million customers.

SPAC me the money!

Special Purpose Acquisition Companies, or SPACs are all the rage in Wall Street of late. They are an alternative to traditional IPOs if the intent is to take the company public.

[1/4] The process is quite reverse, actually. In an IPO, a company with a defined prospectus is looking to raise funds from the market. A SPAC, on the other hand, is a company with money on its hands, looking for new business collaborations (mergers/acquisitions) to focus on.

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Tata kehte hain TCS bada naam karega!

#Tata Sons is one of the biggest #business conglomerates in India and around the world. Its reliance on the IT-specialisation wing, TCS has only increased.

[1/4] In FY19, TCS’ contribution to Tata’s revenue increased from 70% the year before to 90%. Contribution of non-@TCS companies shrunk by 23%.

#TCS is among the top three most valued #IT brands, but Tata’s reliance on the subsidiary may be risky.

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#Thread

#US Senator @ThomTillis recently unveiled an 18-point plan to hold #China accountable for the #COVID19 #pandemic.

We discuss why companies are shifting manufacturing base and supply chains away from China and how #India stands to gain much.

Read on
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(1/n) A swelling chorus of voices around the globe is asking China to pay up for the damages incurred due to the deadly coronavirus outbreak. The United States-led by President #DonaldTrump is leading the troop (no surprises there!)

(2/n)

#Thread

What are MSMEs? And why did the #Government set aside ₹3.7Lcr ($49bn) for #MSME support?

As the name suggests, #MSMEs (Micro, Small & Medium Enterprises) are small businesses. Their definition varies by country.

In India, the definition was changed last week.

1/n Previously, MSMEs were defined according to investment in plant/machinery (if they were in #Manufacturing) or investment in equipment (if they were in #Services).

It went like this:

2/n

#Zomato is paying roughly $22 for acquiring a new #UberEats customer. Here's a quick and dirty working to determine Zomato's customer acquisition cost (CAC) from the deal... A. Zomato's current monthly users = 70m
B. Zomato's current monthly orders = 40m

i.e. 57% of Zomato users convert into placing orders...

C. Uber Eats' currently monthly orders = 10m
D. Assuming the same 57% is applied to Uber Eats...that implies = 18m monthly users
...