Sankaran Kaliappan

CTO @SezzleIN, Founder of @JourneeIN, Entrepreneur by heart, NASSCOM - Technology Explorer, Proud father of an angel.

[Sankaran Kaliappan @hisankaran]

The cost of a new device/service is no longer just financial: it’s also deeply personal. https://t.co/Kyy4FBl8Ii

[kris gopalakrishnan @kris_sg]

Sam Altman says cognitive atrophy is one of the most overlooked risks of the AI era. We all need to exercise our minds similar to exercising our bodies.
https://t.co/iNNBg2slCJ

[Kunal Shah @kunalb11]

Only good use of success is access.

[ONDC India @ONDC_Official]

Great news for commuters in Delhi! 🚍🎟️📱

Delhi Transport Corporation (DTC) (@dtchq_delhi) bus services are now integrated into the ONDC Network.
Commuters can easily purchase city bus QR tickets via the @One_Delhi App on the ONDC Network.

ONDC Network par ab har business ke liye Bharat khulega.

#ondc #DigitalIndia #everyonescommerce #BharatKhulega #DTC

@PiyushGoyal | Rajesh Kumar Singh | Sanjiv Singh | @anilarch | @NandanNilekani | @AdilZainulbhai | @rssharma3 | @buzzindelhi | @sureshksethi | @dilipasbe | @jaxayshah | @ramann_siva | @ashishchauhan | @pramodkvarma | @SujithNairK | @kumarraja1 | @praveendel | @KoshyTK | @shireeshjoshi | @jainvibhor

[Dilip Asbe 🇮🇳 @dilipasbe]

0.5 Bn / day.

Time to revise the India Vision from 1 Billion / day to 100 Bn / month.

@RBI @DasShaktikanta @NandanNilekani @nsitharaman @AshwiniVaishnaw @FinMinIndia @PMOIndia

[Vijay Shekhar Sharma @vijayshekhar]

To every Paytmer,
Your favourite app is working, will keep working beyond 29 February as usual.
I with every Paytm team member salute you for your relentless support. For every challenge, there is a solution and we are sincerely committed to serve our nation in full compliance.
India will keep winning global accolades in payment innovation and inclusion in financial services - with PaytmKaro as the biggest champion of it.

[Gaurav Sharma @GauravSharma]

@daltonc We are entering the "exponential curve" of revolutions...
https://t.co/V1SVJNhWKo

[Vijay Shekhar Sharma @vijayshekhar]

Superb context of @IndiGo6E’s Food & Beverage revenues as shared by @grovermanu :

*Indigo F&B sales* revenue (FY'23): Rs 762 Cr
*Barbeque Nation* revenue (FY'22): Rs 761 Cr

🛫 Indigo's In-flight sales, mainly Food & Beverages, soared to Rs 762 Cr for FY'23, even surpassing Barbeque Nation's entire FY'22 revenue.

Let's decode its impact for the airline 💡

*Customer Experience Perspective:*

• Total F&B revenue = Rs 760 Cr
• Avg. order value = Rs 250
• Passengers ordering/year ≈ 3.04 Cr
• Passengers ordering/day ≈ 83,000
• Daily Indigo flights = 1,800
• Passengers ordering food/flight ≈ 46
• Avg. Passengers in an Indigo flight = 160
~30% of passengers consume F&B items in a flight.

*Financial Perspective:*

• Assumed Gross Margin on F&B ≈ 70%
• Profit from F&B sales ≈ Rs 532 Cr

Indigo's F&B sales profit is even higher than Jubilant FoodWorks total profit for FY'23 (356 Cr)

While many airlines face survival challenges, Indigo thrives with over Rs 500 Cr profit solely from F&B sales.
~LB view

[Deepak Shenoy @deepakshenoy]

This is HUGE! RBI says banks and NBFCs have to release documents of properties and collateral mandatorily within 30 days!
* Have to remove encumberance within 30 days, and return docs
* Docs can be returned from any branch, not just home branch of customer
* Loan docs must mention where the borrower can get them back once he repays
* If the bank/NBFC doesn't return docs or release the encumberance charge within 30 days - they pay 5000 rs. per day of delay
* If bank/NBFC loses the docs - they will pay and assist owner in getting docs back or attested copies (but they get another 30 days i.e 60 days before the 5K per day penalty, only if they lose the docs)
* If the loan taker dies, Banks/NBFCs need to have a detailed procedure on how heirs can get original docs.

Applies for even past loans where full repayment happens after December 1, 2023.

This is awesome for homeowners who borrow, but also for collateral based lending like for cars, securities and all the other stuff. And applies to NBFCs also, so housing finance companies can't escape.

[Sankaran Kaliappan @hisankaran]

@GabbbarSingh May be forging a new avatar!! One relief is that he is a real human not AI.

[LLM Security @llm_sec]

* People ask LLMs to write code
* LLMs recommend imports that don't actually exist
* Attackers work out what these imports' names are, and create & upload them with malicious payloads
* People using LLM-written code then auto-add malware themselves

https://t.co/Va9w18RpWu

[ET Money @ETMONEY]

The govt has changed the way debt funds are taxed

Earlier, #debtfunds had a tax advantage over FDs

Investors paid lower taxes in debt funds for investments over 3 yrs

Now, both will get the same tax treatment

So, are #FDs more attractive now?

Are debt funds irrelevant? A 🧵

[Paul Graham @paulg]

It would be interesting if AI destroys Google's search business, and YouTube ends up being the most valuable thing they have left. Stranger things have happened.

[Sankaran Kaliappan @hisankaran]

So Google just got easy access to the official documents.

[Digital India @_DigitalIndia]

⚡️#JustAnnounced

#DigiLocker integrates with #Google’s Android platform that will help millions of Indians to access important digital documents in their ‘Google Files’ section anywhere, anytime!

@abhish18 @GoogleIndia @digilocker_ind #DigitalIndia #GoogleForIndia

[kris gopalakrishnan @kris_sg]

The world has reached 8 billion people — some interesting analysis https://t.co/oRzsqlvt7W

[Futurism @futurism]

"It actually could be a threat to us." https://t.co/rhEvc1dBN1

[Austen Allred @Austen]

Apple is crushing the ad businesses of a bunch of its biggest competitors while simultaneously spinning up its own massive ad business, and the takeaway most people have is, “Apple really cares about my privacy.”

Incredible work from their marketing and PR teams.

[Pramod Varma @pramodkvarma]

Here’s your opportunity to contribute to something that’s never been attempted, unbundling transaction flows and creating an interoperable network via open protocols!

[Sankaran Kaliappan @hisankaran]

@blrcitytraffic Yes, they came and just posed for pictures as if they are checking CCTV footages and left. Getting FIR copy is out of topic. Fixing it there is need of the hour. People should be comfortable going to police station and get timely help when they are in need. (2/2)

[Sankaran Kaliappan @hisankaran]

@blrcitytraffic Pure marketing gimmick (IT cell is functional). But on ground when my friend lost his bike and the police folks did not just take compliant. It took him everyday visit to the police station for next 7days only then they listened and send someone for photo shoot!! (1/2)