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Powering the Data‑Center Decade: A Deep-Dive into TD Power Systems Business
Powering the Data -Centre Decade: A Deep-Dive into TD Power Systems Business TD Power Systems (TDPS) makes money primarily by designing and manufacturing AC generators and large motors for industrial and power applications, with a smaller EPC/project business, and a growing skew towards exports and higher‑value gas and industrial applications. Rising export volumes drive its economics, an improving product mix (gas generators, motors, aftermarket), and operating leverage on

Ankur Kapur
4 min read


CARE Ratings: A Tollbooth on India’s Credit Market with a Scarred Track Record
Dissecting the business model, sector dynamics, risks, and management signals behind a slow-growth but high-margin rating franchise. CARE Ratings: A Tollbooth on India’s Credit Market with a Scarred Track Record CARE Ratings makes most of its money by charging companies, banks, and bond issuers fees to rate their debt and then charging smaller annual fees to keep those ratings updated. Almost all revenue comes from this ratings work in India, so the business is asset‑light w

Ankur Kapur
8 min read


Where Can Your Money Grow? The Complete Guide to Investment Options in India
There are numerous options for investing and growing your money. The stock market, fixed deposits, and insurance policies are big favourites in India.

Ankur Kapur
2 min read
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