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A 3-min daily newsletter explaining the most important #financial news in a language you'll understand 🇮🇳 | Now simplifying #insurance- @joinditto
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Jul 17 8 tweets 2 min read
Rs 50,000 Cr Scam at NSE That Shook Investor Faith Image 1) For years, India’s National Stock Exchange was a symbol of trust.
Modern. Transparent. Bulletproof.
But in 2015, one of the biggest financial scandals in Indian history quietly began to unravel — the NSE co-location scam.
Jul 10 10 tweets 2 min read
Jio failed to acquire Telenor! Can you guess why? Image 1) In 2017, Indian telecom was a warzone.
Jio had just entered the market with free data and unlimited calling. Airtel was bleeding, Vodafone and Idea were scrambling to merge, and smaller players were dying a slow death. In the middle of this chaos stood Telenor India — the local arm of Norway’s state-backed telecom giant.
Jul 9 11 tweets 3 min read
Wadia VS Britannia: How an MNC outsmarted an Indian Tycoon! Image 1) It started with a biscuit.
In the 1970s, Britannia was a modest, British-controlled company selling biscuits to Indian families. But by the 1980s, the winds of Indianisation were blowing strong, and industrialist Nusli Wadia — heir to the Bombay Dyeing fortune — began sniffing opportunity.
Jul 7 11 tweets 2 min read
How Naveen Jindal’s Biggest Acquisition Was Erased Overnight Image
Jul 5 10 tweets 2 min read
This Rs 91,000 Crore Scam Shook India!
Here's all you need to know! Image 1) It was India’s Lehman moment.
IL&FS wasn’t some obscure shadow bank. It was a giant. A massive infrastructure lending company that had been around since 1987. It had hundreds of subsidiaries, sovereign wealth fund investors, and one of the highest credit ratings in the business. Everyone believed IL&FS was too big to fail. And then, it did.
Jul 4 10 tweets 3 min read
Why did SEBI take action on Jane Street? Here's all you need to know👇

1/n Image Nine out of ten traders in the derivatives market lose money. And if you’ve ever wondered who that elusive one-in-ten winner is, chances are it’s a firm like Jane Street.

Jane Street is a US-based quantitative hedge fund famous for its low-profile, high-return approach to trading. It uses high-frequency algorithms to execute billions of rupees worth of trades in milliseconds. But now, the firm is under the scanner of the Securities and Exchange Board of India (SEBI).

2/n
Jul 4 10 tweets 2 min read
What really happened in the 2G Scam?👇🧵 Image 1/ In 2008, India's telecom ministry handed out mobile spectrum - the invisible highway for your calls and data - in a way that would go down as one of the most controversial decisions in Indian political history.

What should've been an auction... was a race to the minister's desk.
Jun 24 14 tweets 3 min read
Did Kingfisher Airline end the Good Times for Vijay Mallya? 👇🧵 Image 1/ The promise:

In 2005, India saw the launch of an airline like no other.

Plush leather seats, in- fight entertainment, gourmet food, flight attendants handpicked from beauty pageants - Kingfisher Airlines wasn't just a carrier. It was a lifestyle.
Jun 23 15 tweets 3 min read
The Real Reason Behind Jet Airways Bankruptcy! 👇🧵 Image 1/ The Promise:
In 1993, when Indian aviation was still a state-run monopoly, a travel agent named Naresh Goyal launched Jet Airways.

The pitch? A world-class, full-service airline that could compete with global giants.
Jun 19 20 tweets 3 min read
The CEO of this IT major resigned after facing pressure from the founder! 👇 Image 1/ In 2014, Infosys - the poster child of India's IT revolution - did something no one expected. It brought in an outsider. A man who wore crisp suits instead of kurtas, who spoke of Al and automation instead of billable hours. Vishal Sikka.
Jun 18 8 tweets 2 min read
India is not for beginners! After government bans bike taxis, people start booking themselves as parcels to book rides on Rapido👇🧵 Image 1/ That's not a joke, it's Bengaluru's latest jugaad.

Since passengers aren’t technically allowed, some riders are now labeling them as “parcels” and delivering humans across the city like courier packages.
Jun 18 14 tweets 2 min read
L&T threw out the founders of this IT major from their own company!👇 Image 1/ In 2019, engineering behemoth Larsen & Toubro (L&T) - a company known for building megastructures and submarines - decided it wanted a bigger play in tech. And not just any tech. It had its eyes on Mindtree, a nimble, homegrown IT firm started in 1999 by four friends with a shared dream.
Jun 17 17 tweets 3 min read
This man was responsible for the biggest bank defaults- Jet Airways, IL&FS, DHFL! Here’s the full story👇 Image 1/ In the early 2000s, YES Bank was the underdog — a fresh, private sector bank launched by two ambitious men: Rana Kapoor and Ashok Kapur. While the big boys like HDFC and ICICI dominated the space, YES Bank promised agility, innovation, and aggressive lending.
Jun 16 12 tweets 2 min read
The CEO of this $365 billion corporate empire was fired in a 30 min meeting! 👇 Image 1/ In 2012, the mighty Tata empire seemed to be entering a new era. Ratan Tata had handpicked Cyrus Mistry, the soft-spoken heir to the Shapoorji Pallonji fortune, as the next chairman of Tata Sons.
Jun 2 10 tweets 2 min read
The Indian Government lost Rs. 1.2 Lakh Crore because of this one mistake! 👇 Image 1/ In 2015, the government launched a scheme called Sovereign Gold Bonds or SGBs to cut down our excessive gold imports.
Apr 28 15 tweets 3 min read
The economics of the Indus Waters Treaty explained🧵👇 Image 1/ Back in 1960, India and Pakistan signed the Indus Waters Treaty to peacefully share river waters. India got the eastern rivers, and Pakistan got the western ones. Despite wars and tensions, the treaty held strong — until now.
Apr 16 12 tweets 2 min read
Have you also seen “BluSmart, “Gensol,” and “Anmol Singh Jaggi” flashing on your screens multiple times in the last few days.

Well, we did too, so we decided to break down what is actually happening. 🧵 👇 Image 1/ Anmol Singh Jaggi is the founder of the cab service — BluSmart. He also founded Gensol Engineering — a public company focused on solar energy and EV leasing.
Apr 14 20 tweets 3 min read
The economics of reviving extinct animals 🧵👇 Image 1/ How would you feel if something that died over 12,000 years ago suddenly came back to life?

Well, it sort of has. And no one in history has pulled this off before.

Here’s the wild story of how scientists almost brought back the dire wolf.
Apr 11 20 tweets 3 min read
A simple explainer on tariffs and the new world order! 🧵👇 Image 1/ If we got a rupee for every time we heard “tariff” this month, we’d be sitting on a small fortune.

Because Donald Trump has made tariffs the centrepiece of his economic strategy. Again.

But tariffs aren’t new. In fact, they’re one of the oldest economic tools in the book.
Mar 27 14 tweets 3 min read
India buys over 30% of the world’s scrapped tyres! But why? 🧵👇 Image 1/ India is one of the world’s largest tyre manufacturers, producing 20 crore tyres annually.

And we don’t just cater to domestic demand. Our tyre exports are booming too—₹12,000+ crore worth in just H1 FY25.

But here’s the irony–
Mar 12 13 tweets 2 min read
IndusInd Bank lost nearly ₹20,000 crore in a single day! What went wrong? Let’s break it down 🧵👇

1/ Earlier this week, IndusInd Bank admitted to an accounting issue related to its derivative transactions. Image 2/ Because of this, the bank had to adjust its valuation down by ₹1,500–2,000 crore.