Weekend Hustlers - The Mayukh Show

Imagine a world where banks, despite their soaring profits, are held to an unforgiving standard. This is not fiction but the current reality in India, where the Reserve Bank of India (RBI) is cracking down hard on financial institutions . From stopping new customer onboarding to increasing risk weights on loans, the RBI's measures are shaking up the industry. Why is the RBI tightening the noos...

In a groundbreaking move, Zoho, a SaaS giant from Chennai, is setting the stage for India's entry into the semiconductor manufacturing arena. With plans to establish a state-of-the-art facility in Tamil Nadu, this initiative aligns perfectly with India’s goal of becoming a top-five global semiconductor producer by two thousand twenty-nine. But what’s really behind India’s struggle to join the...

In a nation where every bite counts and fitness is the new craze, India's battle with weight loss is taking a fascinating turn. With obesity rates soaring, many Indians are turning to a quick fix: weight-loss drugs from abroad. But what happens when a U.S. pharma giant gets early approval for a revolutionary drug in India? This story uncovers the real impact on the pharmaceutical industry, the...

In the world of artificial intelligence, one company stands out as a key player: Nvidia . Founded in a small Denny's restaurant in 1993 by Jensen Huang, Nvidia started as a graphics chip supplier for gamers. Today, it powers groundbreaking AI technology like ChatGPT, transforming industries from entertainment to transportation. With a bold vision and innovative chips, Nvidia's journey from...

Mercedes-Benz has made history by selling seventeen thousand four hundred and eight cars in India in 2023, marking its highest-ever sales in the country. Excited by this success, the luxury carmaker plans to launch twelve new models and open more dealerships in India. But there's a key player behind Mercedes' triumph - Landmark Cars. This biggest car dealer for Mercedes-Benz in India has b...

In 2016, Ruja Ignatova , a charismatic businesswoman, promised the world that her cryptocurrency, OneCoin , would surpass Bitcoin. Investors from around the globe poured billions into what they believed was the next big thing. But by 2017, OneCoin’s investors faced a shocking truth—they couldn't convert their coins to cash, and Ignatova had vanished. What started as a glittering opportunity tu...

In 2022, Ethereum made a bold move to reduce its energy consumption by ninety-nine percent by switching to proof of stake, earning praise for its environmental benefits. However, Bitcoin, the world's most popular cryptocurrency, continues to consume as much energy as the entire country of the Philippines. While there is no technical barrier preventing Bitcoin from making the same change, socia...

On March 2022, Amazon made a bold move by acquiring the iconic Hollywood studio, Metro Goldwyn Mayer (MGM), for eight point five billion dollars. This deal is more than just an investment; it's a strategic play to bolster Amazon's Prime Video library with MGM's vast content catalog. Founder Jeff Bezos once said, “When we win a Golden Globe, it helps us sell more shoes.” This highlights...

Mirae Asset Financial Group , a South Korean giant, has done what many global financial firms couldn't in India. While big names like Goldman Sachs and JP Morgan exited the Indian market, Mirae thrived. Since entering in 2008, Mirae's Indian arm has skyrocketed , growing its assets 234 times to an impressive 1.6 lakh crore rupees by March 2024. Their success is rooted in patience, local ma...

In 2023, Hindenburg Research, a U.S.-based research firm and short seller, dropped a bombshell report accusing the Adani Group of stock price manipulation and accounting fraud. The report claimed that Gautam Adani and his family made over one hundred twenty billion dollars, mostly in the last three years. Using shady tactics like fake shell companies in offshore tax havens, they allegedly manipula...

In the heart of Gurugram’s bustling D.L.F Cybercity, Masters’ Union, a new B-school with big dreams, is facing a tough challenge. Founded by Pratham Mittal, the school once boasted a stellar placement record, rivaling India’s top business schools. But this year, with over half the students from the latest batch still searching for jobs, the pressure is mounting. In a high-stakes game of placements...

Once a shining star in India's education technology world, Unacademy is now facing tough times. Founded by the ambitious Gaurav Munjal, this Bengaluru-based startup was once valued at $3.4 billion. However, like its rival Byju’s, Unacademy is now struggling to stay afloat. The company is exploring options like mergers, acquisitions, or bailouts to survive. Unacademy’s story is a mix of rapid r...

Meesho, a powerhouse in India's e-commerce scene, is at a critical crossroads. Having turned the market on its head with budget-friendly, unbranded products and zero commission for sellers, Meesho now faces intense competition and internal challenges. With new ventures underperforming and growth in its existing business nearing a ceiling, the SoftBank-backed startup must find a fresh growth en...

Quant Mutual Fund, India's fastest-growing fund house, is under SEBI's scrutiny for alleged front-running, a practice where insiders trade stocks ahead of big orders for personal gain. While investors have profited, they might have earned more without this illegal activity. The situation is dire for CEO Sandeep Tandon, with issues like conflicts of interest and poor governance adding to th...

Imagine rushing to an ATM, only to find it empty or out of service. This frustrating scenario is becoming more common in India, despite the increasing number of ATMs. Between 2016 and 2024, the number of ATMs has grown by just 14%. While digital payments are partly to blame, a significant issue lies in the complex journey of upgrading and securing these machines. From RBI's strict guidelines t...

Eight years after starting operations in India, Stripe , a leading global fintech company, is pulling back. Once open to all, Stripe is now an invite-only platform in India. This change means new businesses can only join if invited by Stripe’s team. Despite getting approval from India’s central bank to operate fully earlier this year, strict regulations and the challenges of onboarding new users h...

The Reserve Bank of India (RBI) made headlines with a staggering profit of ₹2.20 lakh crores in the financial year 2023. But how did it achieve such a feat? The answer lies in a fascinating concept called seigniorage. Seigniorage refers to the profit a bank makes from printing currency. By creating money at a low cost and circulating it at face value, the RBI generated huge earnings. This story de...

Investing in the stock market can be risky, but what if there was a way to trade without losing much money? Fantasy stock gaming platforms are offering just that. For a small entry fee, you can predict stock movements and win big prizes, from gold coins to luxury cars. Using real-time data from major exchanges, these apps mimic the real stock market experience. However, SEBI is not happy and has i...

In the high-stakes world of tech giants, few names stand out like Elon Musk. The CEO of Tesla, known for his audacious ideas and larger-than-life persona, recently found himself at the center of a massive pay scandal. This isn’t just another corporate drama; it's a billion-dollar gamble that could change the face of executive compensation forever. From courtroom clashes to boardroom battles, t...

Indians love cars, and Hyundai has become a favorite in this booming market. In twenty twenty-three alone, Indians bought over four million cars, making India the third-largest car market globally. With the rise of electric vehicles, the market is set for major changes. Hyundai India is gearing up for a record-breaking IPO, aiming to raise three billion dollars. This move could surpass the biggest...

Imagine a world where the wealthiest people pay their fair share of taxes. French economist Gabriel Zucman recently proposed just that at a G20 meeting in Brazil. His idea? A global minimum tax on billionaires to stop them from hiding their wealth and avoiding taxes. With billions hidden in offshore accounts, governments lose huge amounts of tax revenue every year. Zucman’s plan aims to change thi...

Zimbabwe's economic journey over the past fifteen years has been marked by extreme highs and devastating lows, primarily due to hyperinflation. Imagine living in a country where prices double every day, and a loaf of bread costs millions of dollars. Zimbabwe has faced such chaos, leading to the creation of six different national currencies in a bid to stabilize its economy. The latest attempt...

In the dead of night, a group of men quietly navigates the footpath between King Circle and Dadar TT in Mumbai. Unseen and unheard, they begin a calculated excavation, their actions shrouded in mystery. By morning, life resumes without suspicion, but something valuable is missing. The stolen item isn’t gold or jewels—it's copper cables worth seven lakh rupees. As the price of copper soars, thi...

Imagine sitting on a treasure chest filled with gold. But instead of keeping it nearby, it's halfway across the world. This is exactly the dilemma the Reserve Bank of India faced when they decided to move one hundred metric tonnes of their gold from the UK back to India. Why was it there in the first place? And why bring it back now? The answer might surprise you... #GoldRush #RBIMoves #Golden...

Outcome Health, a once high-flying health-tech startup, was involved in a significant fraud scheme that targeted the company's clients, lenders, and investors, and involved approximately $1 billion in fraudulently obtained funds. This case is another example of the government taking on what prosecutors in the trial called the technology world's "fake-it-till-you-make-it" culture,...