Pooja Sarkar
@SarkarMania
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Cross Border Data Journalism Fellow 2024 Columbia Journalism Investigations Business & Econ @columbiajourn Book Podcaster. Prev @forbesindia
New York
Joined December 2008
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People don’t sleep anymore is it? Lawyers reply at 2am, bankers send leads at 3 in the morning, PR guys try to help at 1/2 am, why is everyone working all the time? Why have we lost our personal space so badly?
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A man called
@SonuSood
has created a helpline number an sms number to help migrants. Infact he has been helping far before the media attention. Errm a helpline number the government couldnt create?A lesson in management? A lesson about life and kindness? A lesson about compassion
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We wrote in the morning a full take down of the entire real estate sector. Let me do a short thread.
1- Prices of houses are falling, developers will find it difficult to sell under construction property because noone would want to lock their capital.
(Cont)
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1. I am greedy.I need my armani suit.
2. I sell obnoxiously priced houses
3. I raise PE money
4. I have no financial prudence
5. I raise money at costs i cant pay
6. I am caught naked in bad times
7. I wont still reduce prices. I want Armani suit you see
8. I am dying, save me!
#COVID19
Impact: Real estate body NAREDCO seeks $200 billion relief from the government.
Read:
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I will tell you an interesting story. I once went to interview
@AswathDamodaran
& he barely had time but he recorded the interview. After it was over I realised it didn’t record, i had tears flowing through my eyes. He saw & said send me the questions (cont)
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If you want to identify loyal people in these times, just go and find the ones who are using Vodafone for last 10/15 years. Ham hi log hai bas is duniya me jo shareholder se zyada committed hai🤣🤣🤣
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This panel is something I have been waiting for. The amazing ladies who have broken out
@MayantiLanger_B
@SunnyLeone
in conversation with
@panktimehta
@forbes_india
#ForbesIndia30U30
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It is unfortunate that
@kaul_vivek
&
@amitvarma
are closing down Econ Central after 15 episodes. I loved their recco and thought let me share it here! Wishing you both well for all all your other projects :-)
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Last year on my birthday I was jobless, and this year I am at my favourite island with my childhood girlfriends. Basically, life fucks you over and makes up for it all in due course. Chill.
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I am guaranteed we are doomed. Went out to buy groceries. 80% people were not wearing masks, those who did wore it on their chin or below their nose, people literally can’t walk or stand w/o brushing against each other. Still 5 people in an auto🙈 sarvanasham only.
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I don’t agree with this theory. While online has struggled massively the kirana wala bhaiya in the next lane has risen up and has done everything to tell us that he will get supplies. Also if he dosent have bread he tells us where exactly to find it. Its the kirana who won for me
"There will be a permanent shift to all online sellers and people will prefer purchasing things online more than standing in queues. Do more with less and step back & relook at your design operations" - Vivek Gupta (
@vivekgca
)
@LiciousFoods
.
@VenturesStride
@awscloud
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Happy to say, this is where life is headed this fall💞🙌🏽
Congratulations to the newly admitted members of the Columbia Journalism School Class of 2023! We look forward to welcoming you to campus and to our community.
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My parents couldn’t make it but it seems they are incredibly proud of the fact that the first generation who managed to go to college ended up at
@columbiajourn
💕
#graduationday
#Columbia2023
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And i will have time during transit at Singapore. He was going to Kerala to meet his mom back then& as promised he sent me a detailed interview. There are some people who just command immense respect by their behaviour. And my ex editor just messaged hope u recorded this time!😂
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Also please don’t forget to listen to our today’s podcast with Prof Aswath Damodaran.
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Now that the paper work is done, I can finally say, I am one of the Columbia Journalism Investigations- ICIJ 2024 fellow for Cross Border Data Journalism. Before I left India this is what I wanted to win & somehow the universe conspired💕 Excited to go back to Columbia from Nov💕
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Been a big fan of
@andymukherjee70
since I started reporting
@DNAMoney
in 2008, absolutely amazing to meet him on my first day in New York! 💞 Thank you💞
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Okay everyone, new gig! I have joined
@forbes_india
from today! Will be writing on all things Banking and Finance, Private Equity and M&A. Feel free to send ideas and love :-)
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And with this, after nearly four years its a wrap at
@ForbesIndia
, let’s go back to books, all nighters, assignments and a little of Coffee :-)
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Whats up with men wanting to get hair cut done? Hain? Kon dekh ra tumko? Ghar pe baitho🤐🙄
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I know Twitter isnt for personal space, but, last year exactly this day my life was jacked with my medical reports. Exactly a year later, 12 kgs down, happier; waiting for final PET scan reports💞 it’s your life, get up and slay it! Noone else will do it for you!💕
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8. Finally- the point is RBI has to wake up to the fact that moratorium on loans is too little. There will be bloodbath in the banking sector. And this time, noone knows who will be bailing out whom in which format. The SBI govt AIF is a lazy fund. People need to wake up.
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Its been 25 years that
@thesushmitasen
was crowned miss universe. There truly is noone like her.
#foreverafan
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The inventor of waterballs💕 the best💕
remembering JASPAL BHATTI, the master of satire, on his birthday!
(3 Mar 1955 - 25 Oct 2012)
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In 2008, when I started working, even with my 🥜 salary,
@kaul_vivek
made me do SIPs. 12 years on still strong on them. I really want every woman to please read this piece & manage your own finances.
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Finally the thesis is done. If you are a publisher in India, may be you wanna take this investigative story. Or whatever.
#DoneandDusted
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India has a football captain, India has a cricket captain. You should know that the football captain is amazing. 💕
#sunilchhetri
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There is a real estate firm which has sold 354 units worth Rs 183 crore (resi+com) in NCR. The firm has offered smart EMI plan where 1st 3 months EMI is free & full refund if buyer cancels by June. I wish I was this creative. 🤪
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Its my first cover story for the magazine. Inside blackstone, how they assess deals and how they have been reshaping themselves in India. Please send love feedback :-)
#CoverStory
India is
@blackstone
's crown jewel of its Asia portfolio.
@SarkarMania
catches up with Tuhin Parikh and Amit Dixit, to piece together how the Indian arm has evolved since it began in 2005 with a “business-builder” mindset.
#Blackstone
#PE
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Here is my first story for
@forbes_india
and I really hope that you read it! Because its free and talks about the state of real estate vintage fund! Go read :-) send love, hate but do read!
#Enterprise
| Eight years on, Aditya Birla Real Estate Fund is yet to return money to its
#investors
even as it looks to raise its second fund: | By
@SarkarMania
#RealEstate
#investing
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Found my coin stack from childhood, anyone else has these coins left? 🥰
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there is a song on the Cauvery dispute called Pyaasi by
@swarathma
guess people can listen to it and go back to work than burning stuff
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Done 2 years
@forbes_india
today, last two was all about learning coming year should be all about scaling up. :-) thanks to the editor and the team! 💕🙏💕
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My friend is a lawyer and these days he gets atleast 3/4 calls for divorce cases in a week. The best part is he is a corporate contracts lawyer🙄😂
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Working from small town n all sounds pretty good until the power goes out for hours, wifi dies the moment it gets windy. Then you have to find a friend in bombay to help you upload files via whatsapp. Whoever is creating for the next billion pehle internet toh lagwa do🙄
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I think
@SonyLIV
has paid all its money to buy sports rights and they don’t have a penny to make a decent app. 😏
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Small town life dosen’t mean it is slow. It’s just how you re-prioritise your life & decide what you wanna embrace and what you wanna let go💞
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With time silence between the spaces take over our lives. The known becomes unknown, friends become strangers yet there are some whom you hold on to :-) being older isn’t that bad too!
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My story on
#CafeCoffeeDay
#CafeCoffeeDay
: How increased levels of borrowing and encumbered shares took
#VGSiddhartha
's Coffee Day group to the brink | By
@SarkarMania
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Got ready after a long long time to record a pre budget show! the annual christmas party of financial reporters is here😂🖖🏼
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My di sent me this video and said you are the only one in our family who would be standing in the front row. Thats actually quite shameful for me to hear because if we cant take others along in the journey whats the point. I hope we all can take people along.💕
On the occasion of
#InternationalWomensDay
, we invited 30 people to participate in a social experiment.
The results, were striking.
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3. Construction workers are going home & ideally they go back for Kharif season but it is highly unlikely they will come back by Dec 2020 or Feb 2021. Most workers will wait for things to improve/ toil their land/ find MNREGA jobs. Construction is done for for most part. (Cont)
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Grateful to the government for making
@HDFCBank_Cares
pay me Rs 24/- as part of ex gratia interest on interest payment. I will definitely use it to eat phuchka in the evening. 🙏
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There is a VC fund manager who mistakenly sends me deal numbers because he thinks I am Pooja from his team. It jas been happening for some 4 years now. If only every PE fund had a Pooja in it😂😂😂 because I don’t cover VCs 😭😭😂😂😂
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I literally have tear in my eyes. I don’t know this stranger but you really helped us. we confirmed with Mangala Hospital and she is moving him there as I type. Thank you🙏
@SarkarMania
@ChandrusWeb
@mybmc
try Mangala Hospital at 022-29250544. They had beds around an hour ago.
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My friend
@sonalishelar
who is an activist and a lawyer has created this portal that allows anybody to put info of persons and families in need of meals and raashan and connects them to NGOs providing them in those areas
please send her lots of love&RT!
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#ForbesIndiaCeleb100
| Leveraging on his personal values as a cricketer, the master blaster, Sachin Tendulkar (
@sachin_rt
) continues to flourish as a covetable brand five years after his retirement: | By
@kathakalichanda
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Absolutely excited that my book podcast will complete a year tomorrow! I still can’t imagine that I read books every week and the guests who came over the last year were absolutely top of their league. Sincere gratitude to everyone who helped this show stay afloat💕🤗💕
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This is one of the happiest moments of my life. Can’t believe the amazing people I get to work with everyday and we are extremely excited to bring you something great next year :-)
#grateful
Seven recent graduates are returning to Pulitzer Hall as Columbia Journalism Investigations fellows: “These emerging investigative reporters represent the best of the journalism school,” said program director Kristen Lombardi (
@klombardi1
). Learn more:
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What a year- full of injections, surgery, losing 10kgs, becoming a gym addict, holding a paint brush for the first time, healing,smiling & living under the rock💞🦥 2021, You were something else!
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Temasek has invested S$11 billion in Indian in last 15 years and in last 4/5 years they have deployed $400 million in startups and tech firms. What’s happening, what’s their strategy? My story! Read share send love, feedback :-)
.
@Temasek
's game plan for India investments: So far, the global investment firm has deployed S$11 billion here in 15 years, moving from emerging markets theme to internet-enabled companies. Healthcare and warehousing on the cards too | By
@SarkarMania
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Friend: what games are you playing online?
Me: i play fastest finger first on Fresh2Home and Dmart app😏🙄
#life
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As a customer haveing dealt with BOB and HDFC over the last year, I can genuinely say BoB is way ahead in the game and they are just getting better everyday💕
How did
@bankofbaroda
's fortunes change? It is certainly not easy to make an elephant dance, one which is 115 years old. Over the decades, the bank added many innovations it could boast of. And yet, the bank was rarely seen to be top class
@livemint
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Its been a year that I quit my job to pursue a small dream that I cherished for over a decade- to get my masters from Columbia University, to be the first generation to go to college. Now that college is over, holidays are over. It is time for work. Career Updates soon.
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2. with job loses, salary cuts, no visibility of any clear future over the next six months, it is quite difficult for anyone to book houses. The sales numbers that are being peddled around is highly questionable & we have to wait for Rera data for the same. (Cont)
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Super excited about something we are doing today!!!
#whatittakes
#blackstone
#stephenschwarzman
#podcast
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I have been posting about my observation on how this pandemic will throw up inequality in India. Finally found a data pt too early to say but still- Mercedes records highest sale for Navratri at 550 deliveries. Bajaj’s say bike sales down by 30%. waiting for Hero +Maruti Nos.
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4. Financial Closure- Except for top three listed developers most developers have a gearing of over 1.2x how will they pay back their loans is a question best answered by them. Interest cost for most guys have gone up since Sep 2018, banks are staring at impairments. (Cont)
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The credit card bill is 24 rupees, I have also been offered moratorium. this life is the best.
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Dear
@MumbaiPolice
this taxi cartel sits here everyday outside indiabulls finance and refuse short distance fares. Can you do something about them? Thanks
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Hi everyone!! The podcast with
@AswathDamodaran
is here where talks about his book, challenges for EM/Indian markets, valuations-why OYO is overrated, Valuation metrics in the Covid world! Please listen in share and share more:-) 🙃🙃
🔉'From the bookshelves...' podcast Ep. 14: What are the chances your company will survive
#COVID19
? Listen to 'dean of valuation'
@AswathDamodaran
discuss his book 'Narrative and Numbers', shedding light on valuing companies during the pandemic and more:
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In all this budget nuisance, happy to say I have enrolled in a proper weekend art school in Kolkata. I hope to do it sincerely and learn a lot💞 Thanks Twitter fam for encouraging me when I had just learnt to hold the brush.💕
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Favorite day of the year is here💕 may you be blessed with knowledge🥰
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Hope you all are having a great pujo too💕 wish you a good year ahead!
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Some weeks back a college student sent me a cold mail asking me if she can use data from my story. And if i can explain somethings. Today she sent me her final project thesis. I have never seen a bachelors student write such a deep dive report on green bonds. 💕
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Gave this gyan today to a friend, pasting it here. Simplicity is inclusive. Everything else is English. If as a financial journalist you can’t tell your readers/ listeners in simple english what it means to them then what’s the point?
#writing
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Just realised,finished a year at Forbes India. Time flies. It’s been the most happy one year that I have spent in a newsroom after many many years! Way too privileged to work with people who love, care and go out of their way to indulge my crazy story ideas! Also the best editor.
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KKR India was the first global private equity investor to deploy debt capital in India. Under current scenario the book has seen some stress. It now plans to control the debt stack to be in a better position going forward! My story. Will love feedback :-)
Lessons for KKR from lending transactions that have gone sour in an era when governance levels have hit new lows: Need for more due diligence and a proactive, eagle eye on debt portfolio | By
@SarkarMania
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It’s exactly a year that I came back from my break in journalism. It happened to be one of the worst and a good one by the end of it. Here are the few learnings.
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What really is Jio Platforms Ltd and what really happens! More answers inside. My story.
FAQs: Answering six key questions on the Reliance-Jio Facebook deal—who gets the money; what about the valuation, and more | By
@SarkarMania
#RelianceJio
#FacebookJioDeal
#Facebook
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My first crush, my main man, would have been 36 today. Take some time, tell people you love that you care, go on that date; smile a little more. It is all worth it in the end :-)
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Just to update on yesterday, as expected, my parents and I have tested positive. I havent met anyone outside in last seven days so noone needs to isolate😂🤣 stay safe and thank you for the messages 💞
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When the government believes Rs 2 crore price tag is affordable housing in Mumbai Merropolitan Region, then please tell me what should the new minimum wage should be for people in this city? Batao bhai.
"No market can keep booming all the time. Sometimes, it needs to go bust as well, to be able to thrive all over again."
Indian real estate has a price problem not a supply problem.
My piece
@livemint
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It is the number 1 best selling book in the banking category. May you make a lot of money and may you buy me more coffees at starbucks🙏🙏 🙃🙃
@kaul_vivek
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I want to give a massive shout out to people who are alone in this lockdown! It gets hard somedays- to cook, clean, work & unnecessary webinars-zoom calls! But you are stronger than you know it, there are days when it all falls apart but the beauty is it again resurrects! 😌
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And we are always so proud of Shashi Bhaiya. And i will be sharing every article on him. Not saying goodbye to the bhaiya but Saluting Major Nair for his service to the nation and he lost his life while doing so in Kashmir.
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Sources Confirm B.V.Krishnan, chief executive officer of KKR India Financial Services has quit the firm. Krishnan was heading the NBFC business of the global PE firm in India. Here is a story Forbes India did on September 23 on its debt book.
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The queue outside Dmart is longer than a mandir darshan at Shirdi on peak days. aaj toh work from Dmart queue hai🤣
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This old couple is just the most heart warming thing I saw today when I left my finance class. 💕
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We are breaking this story: Blackstone to sell shares in Embassy Parks for nearly $250 million
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Real estate broker called to say prices in Mulund is down by 10%. If I wanted a house.
Me:
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My parents said if i come to the puja i will get new clothes😂 so Pooja went to Puja in her own house 😂
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Here is my story on KKR India’s wholesale lending book. Please to read, share. send love and feedback. :-)
Lessons for KKR from lending transactions that have gone sour in an era when governance levels have hit new lows: Need for more due diligence and a proactive, eagle eye on debt portfolio | By
@SarkarMania
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Shubho Nobo Borsho! Happy Bengali New Year from us to yours! May you have a lovely year ahead even though Fed is busy forcing us into a recession💕
#NewYear
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