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Finshots
A daily 5-min podcast explaining the most important finance and business happenings in plain English. India focused.
Where is oil headed?
In today's episode we talk about OPEC+, shale oil producers and the kingmakers who may dictate oil prices in the future
04:2521/06/2021
How has Domino’s fared over the past few years
Jubilant Foodworks just put out their quarterly results for March FY21 and they were pretty impressive, considering the pandemic. So we thought we’d take a look at the company and map their journey over the past few years.
05:3519/06/2021
How the Videocon saga finally came to a close?
In today's episode we discuss how Vedanta managed to take over Videocon for an absolute bargain
05:4818/06/2021
Why the used car market is red hot in the US
In today's episode we talk about used cars and why their prices have been skyrocketing of late.
04:0717/06/2021
What really happened with Adani on Monday?
On Monday, shares of Adani group companies tumbled rather precipitously in a matter of a few hours. And while it came against the backdrop of an ET report that alleged NSDL had frozen the accounts of three foreign funds holding about 43,000 crores worth of shares in the group companies, not everybody was convinced about the veracity of the reports themselves.
So in today’s episode, we piece together the puzzle and see all the conflicting reports associated with the incident
04:5516/06/2021
What on earth is Revenge Shopping?
In today's episode we talk about revenge shopping and why people may suddenly be looking to buy luxury goods.
04:2915/06/2021
America's latest guide to innovation and competition
Last week, the US Senate passed a monumental industrial policy bill (“US Innovation and Competition Act”) that authorized a whopping $250 billion in federal funding towards science and technology research, subsidies for chipmakers, and academic research. But the implications of this bill are likely to be far-reaching and in today’s episode we discuss this and more.
05:3614/06/2021
The Toothpaste Wars
In today's episode we talk about Toothpaste wars and how Colgate is trying to hold its fort in an increasingly competitive landscape.
05:0712/06/2021
How Apple came to dominate the wearables industry?
In today's episode we talk about smartwatches, wireless earphones and Apple's place in all of this.
04:3711/06/2021
Why isn't fuel under GST?
A few days ago, the union minister for petroleum and natural gas said that he would like to see petrol and diesel included under the ambit of the GST. The reason being that it would probably bring down fuel prices. And while the suggestion does deserve merit, we have to ask - What's really stopping us from actually implementing this?
So in today's episode we discuss this and more
05:4910/06/2021
When the internet went down yesterday, sort of
In today's episode we talk about the recent internet outage and the kind of economic impact it can have
04:2309/06/2021
How Covid is now threatening to disrupt the Electronics Industry?
In today's episode we talk about how Covid may exacerbate the global semiconductor shortage
04:3408/06/2021
NARC—The last hope?
In today's episode we talk about why there's so much riding on the government's latest project, the National Asset Reconstruction Company
04:4907/06/2021
The Auto Nightmare continues
In today's episode we talk about automakers and the horrible month they just had.
05:3505/06/2021
How to wage a war against junk food?
In today's episode, we talk about Nestlé's confession, unhealthy food and new labelling guidelines
04:5104/06/2021
Ransomware-as-a-service?
In today's episode we talk about the latest cyberattack on JBS and try to quantify the impact they might have on large businesses
04:4003/06/2021
Should we stop the 5G rollout?
In today's episode we talk about Juhi Chawla's lawsuit against 5G and the evidence surrounding the adverse health effects associated with cellular technology
05:1902/06/2021
Why do people have many many babies?
In today's episode we talk about fertility rates, China's three child policy, and why is it so hard to optimize population levels
05:2601/06/2021
Why did Amazon buy MGM Studios?
You can buy almost anything on Amazon.
And Amazon can buy almost anything it wants — Which is why it should come as no surprise that they just went ahead and bought MGM ((Metro Goldwyn Mayer) — the iconic Hollywood studio for a whopping ~$8.5 billion.
So in today’s episode, we look at the deal and ask — “What is Amazon trying to do with its latest acquisition”
04:0431/05/2021
Why is the stock market not reflecting current economic realities?
In today's episode we talk about a rather interesting theory that’s now trying to explain why stock markets continue to rise despite gloomy economic prospects.
06:0029/05/2021
The Curse of hosting the Olympics
In today's episode we talk about the Olympics and the economic incentives influencing decisions at the top.
05:0028/05/2021
What is a Global Minimum Tax Rate?
In today's episode we talk about global minimum tax rates and why the US is seemingly pushing for it.
04:2727/05/2021
How did solar get so cheap?
In today's episode we talk about how a power source that was once considered a vanity object suddenly came to dominate the energy mix
04:3926/05/2021
When Cyclones hit Mango farmers
In today’s episode we talk about Cyclone Tauktae, its impact and how this might affect the farm economy in India.
04:3625/05/2021
RBI's bonanza to the government
In today's episode we talk about why the RBI decided to transfer 99,122 crores as dividends to the government for a period of just 9 months
04:2224/05/2021
Why people really buy the dip?
In this week’s Episode we take a break from talking about the mundane stuff and look at something else entirely — “Why do people try and catch falling knives? Why do they buy the dip?”
05:3822/05/2021
The New Auditing Engagement
In today's episode we talk about new guidelines on auditing commercial banks, NBFCs, and housing finance corporations.
04:3921/05/2021
A new platform for trading gold?
In today's episode we talk about the newly proposed gold exchange
04:4520/05/2021
Will Cairn really seize and sell Air India's planes abroad?
In today's episode we discuss how Cairn Energy could potentially get the Indian government to settle even without seizing and selling government owned planes abroad.
05:4019/05/2021
Losing an Oil field
In today's episode we talk about a bountiful oil field and why India let it slip through its fingers
05:1818/05/2021
Why Musk denounced Bitcoin?
The value of Bitcoin crashed recently after Elon Musk made a very public announcement regarding the cryptocurrency. It came out of the blue and it left everyone surprised.
So in today’s episode, we look at the announcement itself and see why Elon Musk risked antagonizing millions of crypto investors all of a sudden.
06:3217/05/2021
A rebound in the cards for DMart?
Last week, DMart posted its results for the March quarter and while profits jumped 55% compared to the same period last year, the stock price didn’t reflect these changing dynamics. So what’s happening here? Why aren’t investors upbeat about the company’s prospects despite these changing fortunes?
Well, in this episode we discuss this and more.
05:5115/05/2021
The story of the most profitable company in all of Japan
Softbank just recorded an annual profit of $43 Billion. And while it was mainly driven by the company’s investments in high profile startups, this marks a spectacular turnaround for Softbank who only last year recorded losses to the tune of $13 billion. So it’s imperative to ask — Have Softbank and Masayoshi Son, its enigmatic founder, finally turned a corner? Is the company the greatest venture capital investor of all time?
Well, that’s what we try and find out in today’s episode.
06:0214/05/2021
The Commodity Binge
After we spoke out edible oil yesterday, multiple people wrote to us asking about the general increase in commodity prices. We are talking about things like iron ore, copper, and wood. And while we’ve already talked about some of these items in the past, we still thought it would make sense to look at some of the other factors affecting the demand-supply equation. So in today’s episode, we talk about the global economic recovery and how it’s pushing commodity prices to stratospheric levels.
04:2113/05/2021
Edible Oil to the Moon
In today's episode we look at why edible oil is so damned expensive these days
05:1712/05/2021
Does your fund manager have skin in the game?
On April 28, 2021, SEBI introduced a new rule. They mandated key employees of asset management companies i.e. mutual fund companies to invest about 20% of their salary in the schemes they run or oversee. They’ll have to tie it up for 3 years or for the duration of the scheme, whichever is shorter.
Basically, it’s a diktat forcing fund managers and other key personnel to have their skin in the game. But what is skin in the game?
05:2011/05/2021
Zomato and the Unit Economics Problem
Zomato is finally going public and the Draft Red Herring Prospectus — detailing the company’s financials and business prospects, is now out there for the world to see. And since there’s absolutely no way we will be able to cover everything inside the prospectus, we will focus on just one thing - Unit Economics. Basically, trying to see if Zomato has finally found a way to fulfil an order without spending more money than it earns.
11:5610/05/2021
We are stopping coverage for a few days
These are a few useful COVID resources.
For beds and other medical resources — https://indiacovidresources.in/ (Please do note that most information available on the website is vetted by third parties. So you might have to do some due diligence before transacting with these suppliers)
For Donations — https://donate.indiacovidresources.in/
(A bunch of verified organizations that are trying to help Indians in any which way they can)
For Vaccinations — https://www.cowin.gov.in/home
(Please get yourself and your loved ones vaccinated. It works)
01:3227/04/2021
Regulating Artificial Intelligence
It’s been a tough couple of weeks this and we want you to know that our thoughts and prayers are with you and your families. I have no doubts that we will emerge from this crisis stronger than ever. But until then, I hope you take care of yourself, stay indoors and get yourself and your family members vaccinated, whenever an opportunity does arise.
In the meantime, here is our latest story on AI regulations and what this might mean for the industry.
05:1926/04/2021
Why the government changed its vaccination strategy?
In today's episode we talk about the new decentralization strategy and compare it to the centralized vaccination program that has let us down so badly
05:2523/04/2021
Why are we running out of medical oxygen?
In today's episode we discuss why medical oxygen is so hard to come by these days.
05:0822/04/2021
The day football changed forever
A couple days ago twelve top European football clubs decided to create a new breakaway competition called the European Super league with the stated goal of reforming football. And while this might seem like a rather benign enterprise, the announcement has thrown the footballing world into chaos. So in today's episode we explain why this is the case and lay bare the economic incentives driving outcomes.
This story was written with inputs from Indifoot sports, an Indian startup trying to improve grassroots football in India
08:4621/04/2021
Is there a future for Natural Gas?
Natural gas was supposed to be the future. Or at least it was supposed to be the bridge, through which we’d transition to a better tomorrow. However as this report from Bloomberg notes, companies and investment firms are now increasingly moving away from fossil fuels altogether as demand for natural gas continues to plummet. So in today’s episode we look at the factors shaping the future of this relatively clean source of energy and how things might shape for incumbents who’ve bet big on this dream.
04:5820/04/2021
Citi's Retail Exit
A few days ago, Citigroup decided to shutter its retail business in India. And while many people have already spoken about it, we wanted to offer a bit more context. So in today's episode we talk about this and more.
04:3219/04/2021
Understanding the Sugar industry
This week shares of sugar-producing companies rallied as much as 10% in a single day and while many people have asked us to cover these stocks, we thought maybe we could start by giving a brief overview on the sector. So in today's episode, we talk about the dynamics of the sugar industry.
06:0117/04/2021
The Vaccine Scaling Problem
A couple of weeks back, the CEO of Serum Institute of India announced that the launch of a new Covid-19 vaccine Covovax developed jointly in association with Novavax is likely to be delayed to September in the country. This came against the backdrop of a US Ban on exports of key raw materials required to manufacture the vaccine. And if the export controls aren’t lifted soon enough, it could upend the global war on Covid altogether. So in today’s episode, we look at why this is such a massive problem and what are the complications involved.
05:1316/04/2021
A $100 Billion IPO for Coinbase?
In today's episode we talk about one of the leading crypto exchanges going public.
05:4514/04/2021
What is China's Digital Yuan?
The Central Bank of China has started rolling out digital yuan in many cities across the country and it's making a lot of people sweat. So in today's episode, we talk about the advent of a Digital Yuan and how they're fundamentally different from other forms of currency.
05:0713/04/2021
The 21-year Crusade against the Ambanis
Last week SEBI slapped a ₹25 crore fine on members of India’s wealthiest family - the Ambanis, over an alleged takeover violation and we need to talk about it.
05:5612/04/2021
An illustrative guide explaining the rise of the Speciality Chemical Segment
In today's episode we discuss a rather elaborate explanation on the rise of the Indian Speciality Chemical Industry.
07:5110/04/2021