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Feb 11 • 8 tweets • 4 min read
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.
May 13, 2023 • 16 tweets • 18 min read
#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…
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.
Jun 27, 2022 • 6 tweets • 7 min read
#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!
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.
⚡️ 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.
May 18, 2022 • 5 tweets • 9 min read
#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.
#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.
May 18, 2022 • 4 tweets • 8 min read
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.
#MCProOpinion: Banks’ results for the March quarter have been excellent, but operating profit growth has hit a soft patch. What can boost their profits in FY23? 🤔
by @aparnaviyer02 | #Economy#Bank#MCProOpinion: The Rupee can weaken further in the near term, but there is something that can save the day over the medium term.
#IFBA2021: Kajaria Ceramics Limited wins the award for Best Family Business (Mega Category) at the first ever Indian Family Business Awards - presented by @moneycontrolcom, co-created with @WaterfieldHQ.