45 days remain to file your tax returns in India. However, AIS/TIS records have not yet been updated.
Hopefully, the department won't blame the Strait of Hormuz.
@raghuspeaking Trillions invested in education can uplift millions out of poverty.
What's the point in generating wealth for ultra-rich investors who have already accumulated wealth for 7 generations?
Rather, uplift millions or billions of people.
Taxpayer would love to reach Pune from Mumbai in 48 minutes via bullet train!!
The reason I like this government is they spend on long-term infrastructure projects that will benefit for decades.
Thank you, Supreme Court of India!
For first time calling homemakers “nation builders” and pegging their monthly income at a minimum ₹30k
A landmark step that finally gives real value to selfless work of housewives across the country.
Lot of interesting POVs coming on Zepto’s IPO.
The bear case on Zepto is quick and easy. They are harping on the fact that they are losing money on every order.
The bull case starts one layer deeper, and with some nuance.
They are looking at Ad revenue.
It is almost pure margin. No extra dark store, no extra rider, no extra inventory to add. It sits on top of orders that already exist, and it flows into Zepto's NRV, which was ₹8,134 Cr in Q4 FY26.
To see where this goes, anchor it to the best version of this model, which is Amazon.
In 2025, Amazon's ad business did $68B in revenue, up 21.8% YoY.
But here is the part people miss.
Even at that size, ads are still only ~8.8% of Amazon's total revenue, and it peaked at 9.36% in Q2, slowly moving towards 10%.
That small, high-margin slice is what quietly funds Amazon's thin-margin retail business.
Zepto is running the same playbook, just much earlier.
As its ad share of NRV moves towards that ~10% Amazon zone over the next 4-5 quarters, almost every rupee of that ad revenue is profit.
Now add densification on top of this:
- 1,139 dark stores
- 2,140 orders per store per day, up from 1,425 orders just a year back
- And cost per order going down from ₹93 to ₹42.
So two things are happening at the same time. Cost per order is falling, and high-margin ad revenue is rising as a share of the mix.
When both move together, profitability looks pretty close to the reach for Zepto.
Will the strategy behind this model convince the public investors? What do you think?
USA Iran War Has Restarted!
Ensure you have emergency supplies for 4 days of drinking water and about 10 days of food!
I have been maintaining this for the last 1 year!!
More than 80% of companies will now be classified as small companies requiring reduced compliance!
Small Company Reform!
To further improve Ease of Doing Business, MCA revised the thresholds for defining Small Companies under the Companies Act, 2013.
✅ Paid-up share capital threshold increased to ₹10 crore
✅ Turnover threshold increased to ₹100 crore
✅ More companies qualify for simplified compliance requirements
✅ Reduced filing burden and lower compliance costs