#MCExplains | 🚨TCS just announced they're going to fire 12,000 employees by March 2026.

CEO calls it becoming "future-ready" Apparently the future, while it may need a lot of AI, may not need so much human intelligence.

🧵Follow this thread for more details⤵️

#TCS #IT #AI TCS may well set a precedent.

There have been reports of startups cutting jobs. 🤯Other IT services firms may be updating their "workforce optimization" plans as we speak

#TCS #IT #Startups

#MCExplains | 🇺🇸 The US just pulled off a brilliant geopolitical financial move 💸

🚨While everyone was watching tariffs and trade wars, Washington quietly rewrote the rules of global money.

🧠💡The GENIUS Act isn't just crypto regulation—it's dollar dominance 2.0....the game has changed

🧵Follow the thread for more updates 👇

#US #Crypto #Cryptocurrency #Finances #Business #Dollar 🧠💸Last week's GENIUS Act legitimized stablecoins under strict #US oversight: full reserves, regular audits, increased compliance.

On the surface? Boring 🥱 financial regulation.

But scratch deeper and you'll see the strategic masterstroke... ⚡️

Nifty Trades Flat as High Valuations Meet Weak Earnings 😴📉

Despite all the drama around us, the Nifty decided to take a nap in the past one month and stay in a narrow range. But here's what's really going on behind the scenes...

Follow this thread to know🧵

#Nifty #Markets It’s not the market being lazy. Corporate India just reported some of the weakest earnings we’ve seen in years. 🏭💔
#IndiaInc #Earnings

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?

Does it offer value?

Here’s a comprehensive breakdown of how it operates and what-if scenarios⏬🧵
moneycontrol.com/news/business/… First, how does Paytm make money?

#Paytm makes more than half of its revenue from processing payments – 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.

#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)?

Watch LIVE 🔴

… twitter.com/i/web/status/1… #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:… twitter.com/i/web/status/1…

The #Oscars2023 Quiz 🧠

How well do you know the winners? 🏆
Who made history? ⭐️
Who set the stage on fire? 🔥

Test your knowledge of this year's #AcademyAwards winners, performers, and presenters, and let us know your answers in the comments 👇

#Oscar #Oscars

A thread 🧵 How many Oscars did #EverythingEverywhereAllAtOnce win? 🏆

(Hint 🤭 The movie has won everything, everywhere, all at once at #Oscars2023)

#Oscar #Oscars #AcademyAwards2023

#Oscars2023 LIVE updates 🔴

All eyes are on India's entry #RRR 🤩

Get the latest updates here 👇
moneycontrol.com/news/trends/en…

#Oscars #Oscars95 #RRRForOscars The first #Oscar goes to Pinocchio movie for Best Animated Feature.

Get the latest updates here 👇
bit.ly/3FhNpTk

#PinocchioMovie #Oscars #Oscars2023

It's Oscars season ⚡️

The 95th #AcademyAwards are all set to take place on March 13 🔥

Who are the nominees? Who is making history? 🧐

Take our pre-Oscars quiz & test your knowledge ahead of this year's biggest film ceremony 👇
moneycontrol.com/news/trends/en…

#Oscars2023 #Oscars Who will host the Oscars 2023 ceremony? 🕺

Did you know the host? Do you think you can answer the other questions correctly? Test now 👇
moneycontrol.com/news/trends/en…

#Oscars2023 #Oscars

Here's a Moneycontrol exclusive newsbreak that has echoed across the internet. 🔥

#Meta is mulling a #Twitter competitor codenamed ‘P92’ which will also be interoperable with #Mastodon.

@deepsekharc & @tsuvik bring us details about what this might look like. A thread 🧵 The app will be #Instagram-branded and will allow users to register/login to the app through their Instagram credentials, sources said. 📲

@moneycontrolcom has seen a copy of an internal product brief that elaborates on the functioning and various product features of the app.

#GSTAt5: The Goods and Services Tax regime is set to complete five years on June 30. 🙌

On the run-up to its fifth anniversary, here's a 🧵of our best stories to bring you up to date with everything related to #GST.

Keep scrolling down 👇 #GSTAt5: It has been almost five years since the GST was introduced in India and it is now time to review whether one of the country’s most transformational tax reforms since Independence has delivered on its promise!

Read here 👇
moneycontrol.com/news/business/…

By: MS Mani ✍️ | #GST

Challenges such as slowing growth, supply chain disruptions, soaring inflation, rising interest rates & fears of recession present an opportunity to transition to new ways to gain market share.

Read what #Infosys Chairman @NandanNilekani said🔽
moneycontrol.com/news/business/…

@hrprya✍️ Read what Infosys Chairman @NandanNilekani said at the company’s 41st Annual General Meeting 👇
moneycontrol.com/news/business/…

#Infosys #IT #Employment

Axis MF frontrunning saga 🧵

⚡️ This is where it all started, when #MCInsider wrote an item about a dealer at a fund house driving around in a Lamborghini, pointing to disproportionate assets to income (May 2).

Read at 👇
moneycontrol.com/news/business/…. ON May 4, just 2 days later, #AxisMF suspended two of its officials/fund managers. The names of the fund managers (one of whom was the chief dealer) coincided with the word on the street that one of them was the suspect, driving the said Lamborghini, as also broken by #MCInsider.

#MCMasterclass ⚡️ "Crypto isn't a quick rich scheme. If you want to be speculative and take risks, allocate a small portion of your portfolio," says @simplykashif of @Bitinning.

Watch highlights here 👇


#CryptoCrash #Crypto #Cryptocurrency #MCMasterclass⚡️ "Same person has a different behavioural mindset when they invest in stocks and in crypto. As the market grows and so does the education around it, things will fall in place," says @simplykashif of @Bitinning.

Watch highlights👇


#Crypto

#MCMasterclass ⚡️ Why is there a #CryptoCrash and what’s next? 🤔 @darshanbathija of @VauldOfficial discusses with Moneycontrol's @chandrarsrikant.

Missed the LIVE? Watch for highlights 👇


#Crypto #Cryptocurrency What's next for this asset class? 🧐

Find out from @darshanbathija of @VauldOfficial with Moneycontrol's @chandrarsrikant on #MCMasterclass.

Watch the highlights 👇


#Crypto #Cryptocurrency #CryptoCrash

#NewsAlert: Cabinet approves Amendments to National Policy on Biofuels -2018.

Stay tuned for more details! Main amendments:-
🔹More feedstocks for production of biofuels
🔹Advance 20% ethanol blending to ESY 2025-26 vs 2030
🔹Units located in SEZ/ Export Units (EoUs)
🔹To add new members to NBCC
🔹Permission for export of biofuels in specific cases
🔹To delete/amend phrases in Policy.

India’s #power situation may be “comfortable” in May-Aug, but could be challenging in Sept-Nov if #coal supply is impacted during monsoon, @IEX_India_ CMD Satyanarayan Goel told @rachitaprasad.

Read the full interview in our special series #PowerShock 👇
moneycontrol.com/news/business/… @IEX_India_ @rachitaprasad @IEX_India_
CMD Satyanarayan Goel said that September is going to be another difficult month.

Read the full interview to find out why 👇
moneycontrol.com/news/business/…

@rachitaprasad ✍️ | #PowerCrisis #Power #CoalCrisis #CoalShortage #Electricity

LIVE now!🔴 #MCMasterclass ⚡️ Should investors buy low and HODL amid the #CryptoCrash? What's next for cryptocurrencies? 🤔

Find out from @tanvi_ratna @simplykashif @sidharthsogani @darshanbathija @gauravdahake, with @chandrarsrikant



#Crypto #MCMasterclass ⚡️ "Crypto will bounce back when equities do", says @gauravdahake of @bitbns.

Join the LIVE at with @chandrarsrikant

#Cypto

#Zerodha CEO @Nithin0dha does not believe that there's an opportunity to build many businesses valued at $100 million in India.

Read his full interview with Moneycontrol's @PriyankaIyer to find out why 👇
moneycontrol.com/news/business/…

@zerodhaonline #Startup #Funding #Fintech @Nithin0dha @PriyankaIyer @zerodhaonline @Nithin0dha says that "The problem with raising money at high valuations is that once you've set the wrong expectations to your investors, then you have to do whatever to meet those expectations."

Read the full interview at 👇
moneycontrol.com/news/business/…

@PriyankaIyer ✍️

The LIC Mega listing is the big buzz on Dalal Street this morning, and Moneycontrol is on the ground, tracking the debut. 🔥

Stay tuned for the latest news and updates, reactions and more ⚡️ moneycontrol.com/news/lic-ipo-n…

Get all the LIVE updates at 🔗 moneycontrol.com/news/business/…

#LICIPO #LICListing | #LIC shares are all set for the big debut this morning, and the market sentiment seems to be a little sombre for the #IPO.

Track Moneycontrol for all the latest on price action & expert opinion.
moneycontrol.com/news/lic-ipo-n…

LIVE updates at 🔗 moneycontrol.com/news/business/…

#MCPersonalFinance: To help you save on your travel bookings and to make the most of your holidays, we have here the best travel #creditcards available in the market for both domestic & #InternationalTravel. ✈️
moneycontrol.com/news/photos/bu…

by @thanawala_hiral | #Travel | @kayezad @thanawala_hiral @kayezad All your bags are packed, you're ready to go. The third wave has eased and destinations far & near beckon.✈️

But before you book that #ticket there are a few things you should keep in mind. Read👇
moneycontrol.com/news/business/…

by @thanawala_hiral | #Travel #MCPersonalFinance @kayezad

Adani Group is making its largest acquisition by value ever. It will be spending $10.5 billion to buy Ambuja and ACC.

Read more about it 👇
moneycontrol.com/news/business/…

@AdaniOnline #ACC #Ambuja #AdaniGroup Did Adani Group pay too much for Ambuja-ACC?

Read 👇
moneycontrol.com/news/business/…

#ACC #Ambuja #AdaniGroup