close Business Finance Invest Bullets Most Viewed
close

Insider > Bullets

Bullets

Your daily dose of crisp, spicy financial news in 80 words.

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:

Friday, 16 May 2025
share this news

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?

Thursday, 15 May 2025
share this news

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?

Wednesday, 14 May 2025
share this news

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?

Tuesday, 13 May 2025
share this news

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?

As war tensions rise, Indian defence and drone startups are seeing a spike in demand.

  • Startups like ideaForge and Zebu are developing ISR drones and affordable counter-drone systems.

  • Zebu aims to replace ₹2.5 Cr. missiles with ₹10 lakh drone-on-drone tech.

  • ideaForge drones were deployed in Operation Sindoor with real-time upgrades from on-ground teams.

  • Experts say India must scale manufacturing now—like Israel did—before the urgency turns critical.

  • IIT Madras’ ePlane Company also reports rising defence interest.

How does this affect India’s defence stocks?

New fintech players are growing quickly in the mutual fund space, even as the market slows down.

  • Groww’s AUM doubled to ₹1,547 Cr. in a year.

  • Zerodha’s AUM grew 9x to ₹4,854 Cr., with 7 lakh investors.

  • Navi’s AUM rose 44% to ₹7,120 Cr. from ₹5,000 Cr. last year.

  • Meanwhile, March saw mutual fund inflows drop to ₹25,082 Cr. —an 11-month low.

  • Still, India’s total mutual fund AUM jumped 21% in 2 years to ₹66 L Cr.

As fintechs rise fast, can traditional banks and AMCs keep up?

Google is writing a billion-dollar check ($1.4 billion to be exact) to settle claims that it secretly tracked users.

  • Texas AG Ken Paxton says Google misused facial data, voiceprints, and location info without consent.

  • Lawsuits cited Google Photos, Nest cameras, and Assistant as key offenders.

  • Texas' biometric privacy law allows fines up to $25,000 per violation.

  • The state reached a similar $1.4 billion deal with Meta last year.

With Google losing a string of antitrust cases, the question arises: Is your data really safe?

Competition in India's quick commerce market is heating up, but Swiggy is choosing caution over chaos.

  • Swiggy CFO Rahul Bothra says rivals are offering up to 40% discounts to chase market share.

  • Instamart's investments have peaked at 1,000 dark stores; Blinkit targets 2,000 by end-2025.

  • Swiggy added more users last quarter than the previous 6 combined.

  • Focus is now on "quality growth" — retaining users who spend more over time.

  • Advertising on Instamart already rivals food delivery's 8-year revenue.

Can sustainable growth win over deep-pocketed discount wars?

Also Read: Why is Reliance Betting on Quick Commerce

It is a B2B food-tech startup that raised ~10.15 Cr. in a round led by Avaana Capital. 

The funds will be utilised to:

  • Hire talent

  • Build a food R&D team

  • Global expansion

  • Expand partnerships across India

Aim: To have at least 50 different partnerships in India by the year-end. 

Target market: The HoReCa segment and other food manufacturers. 

It is now headquartered in India, set to drive 25% of its business.

With 70% of India being protein-deficient, will this move help? Or is the future of the Indian food industry in danger?

Google laid off ~200 employees from the global business unit (handles sales and partnerships). 

This follows earlier job cuts in its platforms unit (Android, Pixel, and Chrome).

In 2023, Google’s parent, Alphabet, cut 12,000 jobs (6% of workforce); by the end of 2024, Google had 1,83,323 employees.

Other tech firms are also cutting staff: Meta (5% of lowest performers), Microsoft (650 Xbox jobs), Apple (100 from digital services).

The reason? Shift towards AI. Is sacrificing jobs the new norm for tech advancement?

Also read: The Corporate Profit from Human Extinction

The government has approved a revamped Credit Guarantee Scheme for Startups (CGSS).

The maximum credit cover per borrower has doubled from ₹10 Cr. to ₹20 Cr.

 Credit for loans: 

  • 85% guarantee for loans ≤ ₹10 Cr.

  • 75% guarantee for loan > ₹10 Cr.

The Annual Guarantee Fee (AGF) for startups in 27 key sectors has been reduced from 2% to 1% per annum.

These changes aim to enhance collateral-free debt funding, enabling startups to undertake research, development and innovation.

Will better credit access fuel Indian startups?

  • In FY25, Gujarat contributed 5% of India's total exports of electronic goods and Uttar Pradesh, 15%.
     
  • Now, these states are rolling out policies to attract major electronic companies.
     
  • Gujarat is attracting chip manufacturers like Micron and Tata Electronics in Dholera and Sanand.
     
  • Uttar Pradesh plans to leverage Noida as a key electronics manufacturing centre.
     
  • Tamil Nadu, a leader (41%), already offers incentives to stay competitive.
     
  • India aims to double its 20% value addition in electronics manufacturing over the next 5 years.

Is this the effect of the Trump tariffs shifting production away from China?

After 3 years of back-and-forth, the UK and India have finally inked a Free Trade Agreement on 6 May 2025.

  • The £42.6 billion trade relationship could jump by £25.5 billion a year by 2040.
  • India will cut its high tax on UK whisky and gin from 150% to 40%.
  • UK cars, chocolate, biscuits, and makeup will also face lower taxes in India.
  • And in return, India will get about 100 more UK work visas each year.

While the deal opens doors, it may also fuel India's growing brain drain problem.
 

Fino Payments Bank is anticipating RBI approval to start transitioning into a Small Finance Bank (SFB). 

In Q4 FY24, it reported 23% Y-o-Y growth in revenue at ₹494 Cr. and 18% rise in profit before tax.

The transition aims to:

  • Deepen relationships with merchants and account holders
  • Diversify revenue streams and ensure long-term sustainability
  • Address challenges faced in the payment landscape dominated by UPI

It is the only publicly listed entity in this domain and the only tax-paying payment bank since Q2 FY24.

If the RBI clears Fino’s SFB transition, will the stock rally? Track Fino Payments Bank’s share price.

Tuesday, 06 May 2025
share this news

Elon Musk, a co-founder who sued OpenAI for "drifting from its mission" last year, had criticised its profit ambitions.

And after public pushback, OpenAI (creator of ChatGPT) dropped plans to go fully for-profit.

Now, it is making its biggest move yet—acquiring Windsurf (formerly Codeium) for ~₹25,308 Cr.

Windsurf builds AI tools that write code from natural language, putting OpenAI in direct competition with GitHub and Anthropic.

With AI advancing rapidly, could machines eventually replace human coders?

Cold-chain startup Celcius Logistics raised ₹250 Cr. (equity + debt) in a round co-led by Eurazeo and Omnivore. 

The funding is split: Equity = Expansion, and Debt = Daily Operations.

It plans to:

  • Expand its network from 600 to 1,000 cities.

  • Enhance its technological platform by the end of this FY.

  • Increase its rider count from 250 to ~750-1,000.

Revenue generated in FY24 = ₹100 Cr, with 2.5x Y-o-Y growth. 

With big names like Zomato, Domino's, etc., in its client list, will Celcius lead India's cold-chain transformation?

close
Share this bullet
share this news on facebook

Facebook

share this news on twitter

Twitter

share this news on whatsapp

Whatsapp

share this news on linkedin

Linkedin

Or copy the link to this bullet -

https://insider.finology.in/bullets?b=new-age-brokers-outpace-traditional-amcs

copy url to this news
Copied
Next Next Arrow Icon