Bullets

Google is considering India as its next manufacturing region as it uproots itself from China. The decision to move came as a result of geopolitical tensions around China and supply chain shortages as an aftermath of Covid-19.

Pay attention to the fact that India is being considered. Taiwan and Vietnam are also eyeing the high fruit. If these two are as welcoming of sweatshops as China, India might need more than the PLI scheme to attract Google.

According to SEBI guidelines on investment advice, Algo traders are now illegal.❗ The market regulator has applied stringent laws on advisors that use algorithms as their research tools.🤖

SEBI is finally waking up to the miss-selling problem prevalent in the stock markets. I guess the in-game ads promising hundreds against just $10 were a lie, after-all.🎮 Makes you wonder how such blatant lies get through the regulators. 🤔

The Directorate General of Foreign Trade has moved broken rice from the "free" list to "prohibited". Other grades of rice will face a 20% export duty levy. The stringent laws are to avoid excess exports and a resultant shortage.

The heatwave faced by the Indian farming industry has stunted the production of the largest exporter of rice globally. Rice, a staple of many struggling countries, is soon to go into short supply as India deals with its own shortages.

Gautam Adani, Asia's richest man is $6 billion away from becoming the 2nd wealthiest person on the planet. A stock surge of around 1000% in Adani Transmissions and Adani Entreprises Ltd. is responsible for this uptick.📈

FitchGroup's Creditsights shed light on errors in the two debt reports of Adani Groups' transmission companies, but the stock prices do not seem to have reflected any change for the same. How strong of an influence do you need to be this untouchable?🤔

Tata Sons Ltd must be feeling the pressure of revival as it looks to raise as much as $4 billion through a mix of equity and hybrid debt to make Air India operations efficient.😬

Was the criticism of already running 2 unprofitable joint ventures with Singapore Airlines & AirAsia Group so bad that the big brains are ready to get indebted? And to what end? Just to prove the critics wrong?🤔

Founded in 2015 1mg has received $40 million dollars of funding from Tata Digitalraising its stakes up to 62.97%. Tata Digital, which acquired 1mg in 2015 is helping them to give striking competition coming from Reliance’s Netmed, PharmEasy & Curefit.

What ailment bugs Tata for this increased interest in pharma? Is Tata clouded by the fear of falling behind? Is 1mg increasing its dosage of profits? Or is Tata following its penchant for welfare with easier access to meds?

SBI Mutual Fund acquired over 1.07 lakh equity shares in the company via open market transactions on Sept 1, increasing the stakes to 5% from 4.98% earlier.

Is SBI's MF customer base falling so hard that it requires an attempt to steal customer attention towards it, but at what cost? How long does this repeated investing continue? Do they really hope that such a cost to them will increase the base & help them regain populace?

From ease of opening Demat accounts to educating people about investment habits, many IPO lined up, to bounce-back of the share market, all sums up how 41 million investors climbed to 100 Million in almost 3 years.

Showing such humongous numbers will help achieve a new user pool. Is that how the FM wants to show-off India as an advanced economy? You never know if it is really 100 million or a mere duplication which surged the numbers.

Morgan Stanley Asia (Singapore) purchased 9,41,557 shares at ₹2,290, taking the transaction value to ₹215.61 crore of Indian listed cement company ACC Limited (ACC). Synonymous with cement, ACC is a leading player in the Indian building materials space, with a pan-India operational and marketing presence.

Remember the Adani-Holcim Asset deal in a race to become an ‘ACC’e of the cement industry? It appears the outsiders are all buckled up & built the nerve to challenge Asia’s richest man.

Reliance Power & its subsidiary entered into an MoU with Varde Partners availing debt of up to ₹1,200 crore "for settlement, discharge, acquisition or restructuring of certain financial debt."

The a‘NIL’ factor has turned its way around & brought a golden smile of relief for Anil Ambani as FII buying have worked its magic; post announcement, Reliance Power prices jumped on Monday by 9.91% at Rs 23.30 a piece on the NSE.

Cafe mogul Starbucks declares Laxman Narasimhan, as its latest CEO. Laxman, an Indian-American business executive, has had prior experience with brands like PepsiCo and the consumer arm of Reckitt Benckiser "under his belt". For some reason, his management of the contraceptive brand Durex has come to limelight with his recent change in company.

Automobile boss Anand Mahindra congratulated Laxman on the change of station. As impermeable as Durex may be, Laxman Narsimhan will forever be "the one that got away".

Zomato plans to begin intercity deliveries with its brand new Intercity Legends segment. CEO Deepinder Goyal mentioned in his blog that the new model has great scalability. The intercity orders will be tackled using flights and mobile refrigeration units.

The program's pilot phase will create its initial footfall in the South Delhi cities like Gurugram. The food delivery platform plans to rapidly expand its geographical reach.

Let's hope there are no plane crashes due to rushed deliveries! ✈💥

Gautam Adani seems to have gotten a fix for the news; he just can't seem to get out of it (as a subject or shareholder)! The "Fortune"-ate mogul is making headlines for becoming the world's 3rd richest person. 💰
While Mr Tesla and Amazon seem to have lost $19 billion and $39 billion, respectively, Adani gained $61 billion.

Meanwhile, Ambani has fallen out of the top 10 billionaires list📉. Guess Adani's leaving an "oil slick" behind him! 😂

Following the closure of its grocery arm, Superstore, Meesho is set to lay off 300 employees. Farmiso, which was the initial name for the grocery segment, had already laid off 150 employees when it rebranded to Superstore to highlight its grocery services.

With big brands like Reliance and Tata making headway through their pre-existent presence in other fields, Meesho had affordability on its side. What's the point of changing the cover when the book's story is flawed, to begin with?

Reportedly, Anant Ambani,the youngest son of Ambani and Reliance fame's Mukesh Ambani, has bought Dubai's most expensive home at ₹640 crore 🤑. As if "brain drain" wasn't bad enough, now India needs to worry about legacy businesses' fund drain.

Anant, along with Isha and Akash, is the next generation of Ambanis that will be taking the reigns of Reliance Industries. The exorbitant purchase seems to have changed the famous line "with great power, comes great responsibility" on its head. 😵

Hero Electric, the EV cousin of Hro Motocorp, is partnering with Reliance Industries' Jio BP. The EV business is taking not-so-baby steps. The collaboration with Jio BP is to support charging infrastructure.

Hero Electric, a splinter organisation of Hero Motocorp, came into existence with the arbitration ruling that hampered the latter's ability to enter the EV space.

I suppose Hero Electric is going on a trip on its own path 🛵, and not looking to make friends along the way.

As a part of its 2026 goal to reach a pre-tax profit margin of 10%, American Car manufacturing brand Ford is set to lay off 8,000 employees. The first step of the layoff will begin with 3,000 employees being laid off from USA, Canada and India. The lay-offs will also be to cycle employees who might not be skilled to work in the upcoming EV environment.

So much for "Family Wali Feeling".

Maruti Suzuki has decided to recall 166 units of its Suzuki DZire Tour S owing to Airbag Control Unit failure. Owners of suspected units produced between the 6th and 16th of August will be contacted by authorised workshops for free repairs.

Thankfully for Maruti Suzuki, the repairs are preventive. A "free repair" in the face of a grievous incident would have been a PR nightmare. How mediocre production led a brand to be a market leader, I'll never know.

Imagine paying at a shop, and instead of handing you confectionary (we don't expect change back anymore), the shopkeeper sends you off! Wait, where's your money?! Well, the shopkeeper's charging you in lieu of using your money.

This dystopian scenario wouldn't have been too far from reality had RBI allowed payment intermediaries to charge users for UPI payments. The charge aimed to help intermediaries generate revenue against the free mode of payments. Guess the intermediaries are on their own now.

Inox Leisure shares tumbled down the red stairs today as Consumer Unity & Trust Society (CUTS) filed a complaint against the multiplex giant to the Competition Commission of India (CCI). The complaint was in regards to the company's obviously anti-competitive merger with PVR.

"How is the merger anti-competitive?" you ask? Well, imagine a scenario where you dislike one multiplex provider because of exorbitant F&B prices. What are you gonna do? Switch? Well, you cannot; it's just one big company!