Bullets

Social media platform X (formerly Twitter) is still recovering from a major outage that began on 23 May.

• X Engineering confirmed on 24 May (5:33 AM IST) that logins, signups, notifications, and premium tools remain affected.

• Users report missing messages, delayed DMs, and broken access to X Pro (formerly TweetDeck).

• The company hasn't revealed the cause, sparking concern over data security and transparency.

• After Elon Musk's 2022 takeover, X cut key engineering roles, raising doubts about system reliability.

Is X suffering from the "Elon Musk" side effect?

Here are the points:

• President Trump wants Apple to build iPhones in the US—but experts say it's nearly impossible.

• Trump threatened a 25% tariff on iPhones sold but not made in the US.

• Commerce Secretary Lutnick says robots would replace "millions" of screw-tightening workers.

• Apple CEO Tim Cook told him the tech needed isn't ready yet.

• Trump could use emergency powers under IEEPA to force tariffs.

• Experts warn US-made iPhones could cost $3,500 or ~₹3 lakh and take a decade to build.

Will "Making America Great Again" mean making phones unaffordable?

Ola Electric will raise up to ₹1,700 Cr. via non-convertible debentures, its first funding move since its August IPO.

• Shares have dropped to ₹51.5, down from the IPO price of ₹76.

• Lost EV two-wheeler crown to TVS in April, with market share falling to 21.46%.

• Faced scrutiny over sales discrepancies and missing trade certificates.

• Net loss surged 50% to ₹564 Cr. in Oct–Dec 2024; revenue fell 19%.

Can raising debt keep Ola Electric's growth charged amid rising headwinds? Track Ola’s share price to see how the story unfolds.

Urban mobility startup Rapido's gross order value soared 2.5x to ₹10,312.5 Cr. in FY25.

• Rapido now handles 30 - 35 lakh daily orders across bikes, autos, cars, and logistics.

• It captured 40% of India's ride-hailing market, eating into Ola's four-wheeler share.

• Launched car rides in Dec 2023, plans to expand to 500 cities.

• Monthly cash burn hit ₹33 - ₹41.2 Cr. in 2025 as it preps for a food delivery push.

Can rapid growth justify rising losses in the race for dominance?

Also read: Will Rapido Break the Zomato-Swiggy Duopoly?

The Reserve Bank of India has cut repo rates twice since February 2025—each by 25 basis points—but the real interest rate still hovers near 3%, nearly 2x the ideal 1%-1.5%.

• Inflation has stayed below 4% for 3 months, averaging 3.4%

• GDP growth forecast dropped to 6.3%-6.5% from 8%

• Economists like Rumki Majumdar and Nagesh Kumar say more cuts are needed

• Risks from the US recession, trade wars, and weak consumption persist

With inflation under control, is the RBI being too cautious to protect growth?

Also read: What are the impacts of Repo Rate Cuts by RBI?

As India braces for record summer power demand—set to peak at 277 GW—Adani Green Energy has boosted its renewable capacity to 14,528.4 MW with a new 187.5 MW solar plant in Khavda, Gujarat.

• Adani's latest solar project goes live on 22 May 2025

• Gas-based power capacity has dropped 20% in 3 months to 20.13 GW

• Govt revives idle gas plants to avoid blackouts, citing emergency powers

Can India balance clean energy goals with urgent power needs?

Fintech player MobiKwik's financials paint a mixed picture—losses are rising, but parts of the business still show promise.

• Q4 FY25 loss widened to ₹55 Cr. despite flat revenue of ₹265 Cr.

• Lending slowdown cut margins, and loan disbursals fell 41% to ₹5,358 Cr.

• Full-year loss jumped to ₹122 Cr. from a ₹9.3 Cr. profit last year.

• The payments business grew strong, boosting FY25 revenue 31% to ₹1,164 Cr.

Active users rose to 17.6 Cr., while new merchants onboarded reached 45.9 lakh, fueling payment volumes.

Can MobiKwik balance rapid growth with sustainable profits?

India's e-commerce shipping giant Shiprocket is getting ready to go public, filing confidential IPO papers with SEBI in the coming days.

• It's planning to raise ₹2,000–2,500 Cr., including a fresh issue of ₹1,000–1,200 Cr. 

• Backed by Zomato and Temasek, it's hired Axis Capital, Kotak Mahindra Capital, JM Financial, and Bank of America as advisors.

• Revenue rose 21% to ₹1,316 Cr. in FY24, but losses jumped to ₹595 Cr. from absorbing multiple acquisitions.

Now cash-flow positive in FY25—but can this growth stay sustainable?

Also read: Why do most companies want to be listed on stock exchanges?

Inox Green Energy Services has signed new deals to provide operations and maintenance (O&M) for 285 MWp of solar projects for 2 major renewable energy firms, just weeks after entering the market.

• This deal grows Inox Green's solar O&M portfolio to 1 GW.

• Projects are spread across multiple sites.

• CEO SK Mathu Sudhana highlights India's fast-growing solar capacity as a major opportunity.

• Inox aims to expand rapidly with its tailored solar O&M solutions.

Can India's solar boom create lasting opportunities beyond power generation?

PhonePe, backed by Walmart and aiming for an IPO, is still heavily dependent on payments, despite trying to grow into a full financial platform.

• In FY24, ₹4,856.6 Cr. (95%) of its ₹5,064 Cr. revenue came from payments.

• It invested ₹800 Cr. in financial services since 2021, but earned just ₹207.4 Cr.

• Insurance did best—₹114 Cr. in FY24, up from ₹32.5 Cr., with ₹426 Cr. invested

• Rivals like Paytm (₹1,703 Cr.) and MobiKwik (₹73 Cr. in one quarter) earn more from financial services.

• PhonePe was last valued at $12 billion after raising $850 million.

Will investors back a fintech that's still mostly a payments app?

Groww is making a big move into wealth management by acquiring Fisdom in an all-cash deal valued at around ₹1,237 Cr.

• Fisdom, started in 2015, offers services like mutual funds, bonds, PMS, and tax filing

• Backed by Prosus, Saama, and Quona, it operates across 15+ Indian cities

• Revenue grew 28% to ₹84 Cr. in FY24, with losses down to ₹57.4 Cr.

• Groww eyes this as a key step before its IPO, following a recent investment move by Singapore’s GIC

Can tech-led platforms simplify financial planning for millions?

Want to read more about Groww? Click on the link.

From the streets of Chennai to the roads of Southeast Asia, EV startup Fyn Mobility is shifting into high gear.

• Backed by over ₹20 Cr. from investors like Vijay Kedia and Swiggy CFO Rahul Bothra.

• Fyn plans to expand its electric fleet and upgrade its tech for smarter logistics.

• The company serves giants like Amazon, Flipkart, and Blue Dart, cutting delivery costs by up to 20%.

• Now eyeing global markets, it's in talks to raise another $10 million for international growth.

Can India’s EV pioneers drive global change in clean logistics?

India’s AI boom is facing a serious skills crunch, with just one qualified GenAI engineer available for every 10 job openings, says a report by Quess Corp.

• India has 4.16 L AI professionals, but only meets 49% of industry demand.

• GenAI, NLP, and computer vision roles are hardest to fill.

• Demand for AI talent grew 45% in one year.

• Companies offer 15–20% higher salaries for GenAI roles.

Can India lead the AI revolution without the talent to build it?

Also read:

• Jarvis Invest- Expert Advisor or AI Hype?
• Is ChatGPT making you an AI Slave?

In the race to own the future of AI, Google leads with more patents than any other tech giant, says IFI Claims.

• With 1,837 AI-related patents, it’s ahead of Samsung (1,706) and Huawei (1,399).

• It holds 50% more than Microsoft and nearly double IBM.

• In the US alone, Google has 880 filings.

• While Microsoft focuses on text and Nvidia on visuals, Google's all in on speech tech.

• It’s also leading in agentic AI—think smart tech that can make decisions on its own.

Will these breakthroughs serve humanity—or just build a future of AI slaves?

Amazon trimmed about 100 jobs in its devices and services unit, which manages products like Kindle, Echo, Alexa, and Zoox self-driving cars.

• The layoffs are part of regular business reviews to improve efficiency and align with new product plans.

• Smaller cuts have also hit Wondery podcasts, stores, and communications teams recently.

• Despite this, Amazon added around 4,000 jobs between late 2023 and early 2025.

Is Amazon's push for corporate profit risking human extinction?

Also read: Google Hits Ctrl+Alt+Delete on 200 Jobs

Warren Buffett once called airlines a "death trap" for investors. But Azim Premji just invested ~₹1,067.5 Cr. in Akasa Air.

It holds a 5% market share with 28 planes and losses worth:

• ₹2,400 Cr. in first 2 years

• ₹1,600 Cr. in FY24

• ₹2,000 Cr. in FY25 (expected)

Akasa’s new valuation stands at ₹3,843 Cr.; Premji and Claypond 360 will own a 20% stake. 

Can Premji succeed where others like Mallya failed?

Infosys has terminated nearly 800 freshers at its Mysuru campus due to poor performance and lack of basic skills.

• Most were from Covid-era batches hired remotely in 2020–2021.

• Trainers flagged weak English, low participation, and poor engineering basics.

• Failure rates jumped from 5% to nearly 30%, despite extra training.

• Remote hiring led to poor screening and possible impersonations.

Infosys was cleared by the Karnataka Labour Department and the Board of Practical Training, which oversees apprenticeships, after investigating allegations from the fired employees.

With talent gaps growing, will companies turn to AI roles faster than planned?

Indian Oil Corporation saw net profit plunge 67% to ₹12,962 Cr. in FY25 from ₹39,619 Cr. in FY24, despite steady retail and crude oil prices.

The company absorbed nearly ₹20,000 Cr. in unpaid LPG subsidies, averaging ₹170 per cylinder.

• Gross refining margin fell 60%.

• Petrochemicals posted a ₹5,216 Cr. loss.

• Stock dropped 45% from February 2024 highs, then rebounded 35%.

• Gross borrowing rose to ₹1.34 lakh Cr.

With EVs charging ahead, are oil giants like Indian Oil being left behind?

AI leadership roles have jumped 40-60% in FY25, driven by high demand across industries.

• Top sectors hiring: IT, consulting, BFSI, healthcare, fintech, ecommerce

• Key roles: Chief AI Officer, VP-AI, AI product head, GenAI director

• Companies like Accenture, Wipro, and IBM are leading the hiring wave

• Salaries: Chief AI officers earn ₹1.2-2.5 Cr., VPs ₹70 lakh- 1.2 Cr.

• Demand expected to grow 15-20% annually.

Can the rapid rise in Artificial Intelligence leadership talent keep up with industry needs? Are we risking human extinction for profit?

Thousands of homebuyers in NCR were trapped by a fake relief plan, and now the Supreme Court is intervening.

• 1,200+ petitions claim builders took money, then vanished, leaving buyers to repay loans.

• 19 banks and finance firms, including ICICI, PNB, HDFC, and Indiabulls, gave builders full loans before construction.

• Supertech alone got ₹5,157 Cr. in loans through the scheme, across 21 projects in 6 cities.

• CBI will investigate 7 cases; 40 builders are under the spotlight.

Can we fix housing unaffordability when buyers still pay for homes that were never built?