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Tarun
3,713 posts
Tarun
@tarunmallappa
I write about technology, economy & business. Not a VC. Helping create more (profitable) entrepreneurs in India.
Bangalore, India
Joined November 2009
There's a culture in Big4s - if someone leaves office at 6PM, the managers ask "half-day kya" ? EY will undertake a massive campaign internally, to undo the damage this episode has done to them; In the short-term, there will be 'forced' relaxations on work-hours; there will- In India, if you are, - not involved in a property dispute - have a healthy marriage - are in good health You are perhaps among top 1% of the population.
- A businessman lives 5x below his networth; a salaried person lives 5x more than his networth. Reason: certainty of cashflows.
- This is for those few living outside the bubble that is India. - This couple perhaps earn 450/ day. - Are among a vast 40% of India's population living in abject poverty. - Don't be fooled by the richness you see from the 10% of population. We still have a long way to go.
00:00 - If you are, - in India - in your 20s - have the urge to get into manufacturing Get a small set-up going & start manufacturing engineering goods for exports. Cater to the OEMs and large exporters. You will thank me in 10 years. India's engineering exports is a $100 Bn industry
- For the un-initiated, EY India is not a real company. Its just an Indian family firm who has signed-up to adopt the brand and policies of a global structure. Mr Rajeev Memani is the un-contested emperor of a famiky-run kingdom which he 'bequeathed' from his father in a very
- We must get this man back. Go into debt if you have to, India but get this man back/ Dr Sikka says India must build foundational models, build a vast number of applications on top of it. What we have is unique and nobody in the world has it. So, who else will build that for us
00:00 - Reportedly, pani-puri vendors are also getting GST notices based on RazorPay/Phonepe transactions, asking them to comply. If you are a small business owner running an informal set-up accepting payments on UPI apps then, please register under GST and comply. 👇
- The Birlas want a slice of the Indian paints’ pie. And they are going after the market-leader, Asian Paints. 1. Just 2 months ago, this nondescript store near my house carried an exclusive Asian Paints board for over 10 years. But today, I saw a new one.. 👇 Piqued by
- Airports are supposed to be 'shitty' because they are just a transit point. In India people don't understand that the cost of having fancy airports ultimately shows up on the airfares. Facts: SF airport is owned by the state. Many fancy airports in India are owned byWhy is the San Francisco airport so shit? Had the worst experience ever! Extremely rude staff at United Air. Literally throws bags on the belt! The whole terminal has a very depressing vibe to it(I'm used to Bangalore T2 airport) Seats/floors are dirty. Dissappointed :/
- After analysing the ice-creams market in India, I have come to this conclusion that one cannot build a profitable ice-cream company in India without owning the milk supply-chain. Almost all of the leading (profitable) players incl Amul, Arun, HUL, MotherDiary source the key
- India has 35 Lakh truck operators & Blackbuck is already serving 1/4th of them through their platform. One of those few (truly) SaaS companies to have come out of India. As I have said before, IPOs are to be seen as a beginning and not the end. I skimmed through their RHP and
- The single most important factor fuelling India's consumption story is not purchasing-power or mobile penetration, It's not even e-commerce. It's a cultural one - Growth in nuclear families. This cultural change will cause a tectonic shift in the social fabric of our country. 👇
