Finshots Daily

This week the CBI booked a Hyderabad based company, Transstroy India and its directors for an alleged bank fraud totalling ₹7,926 crore. For context, the Nirav Modi scam involved ₹7,700 crores. So yeah, we need to talk about this story because this is likely going to turn into another bad loan. Sigh!

In today's Finshots, we talk about the millennial trading app Robinhood and why it's courting so much controversy.

In today's Finshots we talk about the vandalism incident at Wistron's manufacturing unit in Kolar.

In today’s Finshots Markets we look at the growth of the chemical industry in India, but more specifically one stellar performer within the pack — Deepak Nitrite.

In today's Finshots, we try and figure out why the US treasury department put India on the currency manipulator watchlist.

In today's Finshots we look at why China is importing rice from India for the first time in decades.

In today’s Finshots we talk about the Reuters report detailing a CCI investigation on the beer cartel. Don’t worry. It will all make sense soon enough.

In today’s Finshots, we look at the film exhibition business and see why movie theatres in North India are showing dubbed Telugu flicks.

In today’s Finshots, we talk about the most recent tradeable financial instrument — “water futures.”

Steelmakers have been making an impressive comeback of late. A meteoric rise in production, robust recovery in demand and record high selling prices have all pushed the incumbents in the industry on a profitable path. And through it all, the stock price of major steel producers have been on a rally like no other. So we thought we could look at the industry, understand the dynamics propelling it an...

On Tuesday, the federal government, including 46 states in the US sued Facebook for engaging in monopolistic or anti-competitive practices. And while many people have sued the company in the past, the sheer scale and influence of this lawsuit deserves special merit. So we thought we could look at the case more closely and explain why Facebook is being accused of exploiting its dominance in the soc...

On December 2nd, Down To Earth released an extensive investigative report on the menace of adulterated honey and we need to talk about it.

Australia is all set to introduce a law that would force companies like Google and Facebook to pay media companies for their news content. As chairman of the Australian Competition and Consumer Commission noted  — “There is a fundamental bargaining power imbalance between news media businesses and the major digital platforms, partly because news businesses have no option but to deal with the platf...

On Monday, news agencies started reporting that President Nicolas Maduro had seized total control of Venezuela’s political institutions with a sweeping victory in legislative elections. And while there was considerable euphoria within the Venezuelan ruling class, ground reports from the country are truly disheartening, to say the least. 96% of the country’s population currently lives in poverty an...

Spotify has reportedly confirmed that they are testing a Stories feature within the app. And while reactions to the announcement were mixed, we thought we could look at the feature more closely and see why so many companies are adopting “Stories”.

This week Shree Cement’s stock price breached its yearly high. And while that isn’t surprising in itself, the rally came against the backdrop of stellar results for the months of July, August and September, when most businesses were still struggling to cope with the pandemic. So we thought we could look at Shree Cement and its performance, particularly considering it’s part of the Nifty 50 now.

In today's Finshots, we talk about pepper imports and RBI's latest diktat for HDFC Bank.

What happens when a multinational corporation is forced* to delay a product launch because someone else owns the right to use the name? Well, ask Sony. *While there were rumours circulating that Sony was forced to delay the launch of their much-anticipated console in India because of the trademark issue, it’s still not quite clear if this was the principal reason for the apparent delay. After all,...

We’ve been bombarded with questions about the Burger King IPO. So we thought we could answer all your queries with this one story.

In today's Finshots, we talk about data breaches and how they affect people and businesses alike.

During the 1st ODI between India and Australia, two protestors barged into the Sydney Cricket Ground holding a sign that said "No $1B Adani Loan." And yeah, we need to talk about it.

Last week, Motherson Sumi unveiled its detailed 5-year plan where it set an ambitious target of reaching sales figures totalling ₹2.6 lakh Cr by 2025. That means they’ll have to quadruple sales over the next five years. And while such lofty proclamations are usually met with derision, investors and analysts have been quite optimistic about the company’s prospects. In fact, its stock price made a y...

In today's Finshots, we talk about offshore financial centres, why they're such a menace and who's responsible for all of this.

In today's Finshots, we talk about what's happening with air freighters.

In today's Finshots, we talk about planned obsolescence and the right to repair.