Did Kingfisher Airline end the Good Times for Vijay Mallya? 👇🧵 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.

The Real Reason Behind Jet Airways Bankruptcy! 👇🧵 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.

The CEO of this IT major resigned after facing pressure from the founder! 👇 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.

India is not for beginners! After government bans bike taxis, people start booking themselves as parcels to book rides on Rapido👇🧵 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.

L&T threw out the founders of this IT major from their own company!👇 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.

This man was responsible for the biggest bank defaults- Jet Airways, IL&FS, DHFL! Here’s the full story👇 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.

The CEO of this $365 billion corporate empire was fired in a 30 min meeting! 👇 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.

The Indian Government lost Rs. 1.2 Lakh Crore because of this one mistake! 👇 1/ In 2015, the government launched a scheme called Sovereign Gold Bonds or SGBs to cut down our excessive gold imports.

The economics of the Indus Waters Treaty explained🧵👇 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.

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. 🧵 👇 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.

The economics of reviving extinct animals 🧵👇 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.

A simple explainer on tariffs and the new world order! 🧵👇 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.

India buys over 30% of the world’s scrapped tyres! But why? 🧵👇 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–

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. 2/ Because of this, the bank had to adjust its valuation down by ₹1,500–2,000 crore.

UPI Transactions No Longer Free? 🧵👇

1/ UPI has undoubtedly reformed the digital payment landscape, especially by keeping transactions free for both merchants and users. 2/ But that could change as Fintechs have requested the government to reintroduce MDR (Merchant Discount Rate)—a fee merchants pay for real-time payment processing on UPI and RuPay Debit Cards.

Do we need 24 hour stock markets?🧵👇

1/ Until 1952, US stock markets used to work 5.5 days a week!
Then, they switched to a 5-day schedule but added 30 minutes to weekday trading hours to compensate.
But now, markets are expanding again—almost 24/5. 2/ Over time, trading hours gradually increased:

- 1974: NYSE extended its closing time from 3.30 PM to 4 PM.
- 1985: Opening time shifted from 10 AM to 9.30 AM.
- October 2024: NYSE Arca announced plans for 22-hour trading.

1/ Running an airline is tough. Costs are high, competition is cutthroat, and profits are rare. Just ask Jet Airways or Go First. Even Air India needed a Tata bailout.

But amid all this, one airline seems to be making a comeback—SpiceJet. Here’s how. 🧵👇 2/ For years, SpiceJet was in trouble—debt-ridden, losing market share, and struggling to stay afloat. But in Q3FY25, it turned a profit of ₹26 crores. A huge shift from its ₹300 crore loss in the same quarter last year. So, what changed?

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Is Volkswagen being forced to leave India by the government? 👀🚗

The govt is asking them to pay up $1.4 billion in taxes!

But why? Find out below 🧵👇 2/

Indian tax authorities claim that Volkswagen owes them huge import duties.

It all comes down to how they import car parts. Let’s break it down.

Automakers like Volkswagen don’t build cars from scratch in India. Instead, they source parts from all over the world.

Think of it like assembling an IKEA table—you get multiple parts from different places and put them together.

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RBI cuts repo rate by 25 basis points to 6.25%, a first in 5 years!

What does this mean for you, your loans, and the economy?

Let’s break it down in simple terms🧵👇 2/7

The RBI’s Monetary Policy Committee (MPC) just cut the repo rate by 25 basis points to 6.25%. This is the first rate cut in five years!

But what is repo rate? 🤔

It’s the interest rate at which the RBI lends money to banks. When this rate goes down, borrowing becomes cheaper, making loans more affordable.

Reliance Industries 2024 AGM just ended!

The only thread you need to know EVERYTHING about RIL AGM 2024

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🧵👇 Updates about Jio Telecom

-Jio now world's largest mobile data company with a 490-million users, on average consuming over 30 GB of data monthly
-Jio's network carries nearly 8% of global mobile traffic.
-​​Jio users to get up to 100 GB of free cloud storage, to store and access photos, videos, documents, all other digital content, and data

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Boeing is in trouble, and a deal it struck around 25 years ago is to be blamed.

What?!! 👀👇🏽 You see, Boeing started as an "engineers" company.

But then in 1997, the aircraft manufacturer merged with McDonnell Douglas and things started to change.

The new entity started focusing more on affordability, rather than quality.