Namaste! Aaj ka news roundup, Newswala style!

MARKETS

Markets: India’s business growth has been at its fastest in six months , thanks to a booming service sector and more jobs. The economy has got a solid boost, and things are looking bright!

TOP STORIES

Jobs are Charging Up! 🤩

What Happened?

The electric vehicle (EV) market in India isn’t only vrooming—it’s hiring at full pace!

Auto giants like Tata Motors , Mahindra & Mahindra , and TVS Motor are on a recruitment spree, snapping up talent in battery tech, electric powertrains, and vehicle integration. 

Job postings have surged by 25-30% , with recruitment firms working overtime.

Why It Matters

This isn’t just about filling seats—it’s a sign that India’s EV market is supercharged for growth.

The sector is expected to create 5 million direct and 30 million indirect jobs by 2030 .  

With the government pushing for faster EV adoption , companies are scrambling to grab top talent.

If you know your way around batteries, electric motors, or software for EVs, congratulations! You’re in demand.  

Final Words

India’s EV revolution isn’t just about cleaner roads—it’s about brighter career opportunities too.

With big names hiring like crazy, the industry is set to drive India’s job market forward . 

The biggest shock to the system? Tesla has officially entered the chat.

After Elon Musk’s meeting with PM Modi, Tesla has posted 13 job openings across Mumbai and Delhi. 

PAISON KA KHEL

₹226 Cr Fraud Hits Bank of India 😰

Looks like Bank of India (BoI) just got a power surge—of the wrong kind !

The bank reported a ₹226.84 crore loan fraud by Gupta Power Infrastructure to the RBI, with ₹212.62 crore already set aside as provisions. 

Despite this shocker, BoI is still charging ahead, reporting a 35% rise in Q3 net profit to ₹2,517 crore.

Total income climbed to ₹19,957 crore, while net interest income powered up to ₹6,070 crore.  

India’s Export Rocket Takes Off , 🚀

India’s electronics exports have crossed ₹2.5 lakh crore in just 10 months of FY25 , making it the third-largest contributor to exports.

A huge chunk of this success? Smartphones —now dominating 60% of total electronics exports, up from 52% last year.  

Apple’s iPhones   🍏 alone contributed ₹16,500 crore in January, pushing the month’s total smartphone exports to ₹25,000 crore .

However, potential U.S. tariffs under a Trump comeback loom as a challenge.

TOP STORIES

Producers Bleed Money While Stars Shine 🍿

What Happened?

The Malayalam film industry is in deep financial trouble. In January 2025, out of 28 films released, only Rekhachithram turned a profit, while the industry lost a staggering ₹110 crore in just one month.

Across 2024, only 24 out of 200 films made money, leading to total losses of ₹600-700 crore.

Actors are walking away with 60% of the budget while producers are left to bear the brunt of the losses.

Big names demand high paychecks even when their films flop, and production budgets are spiralling out of control.  

Why It Matters?

Ironically, Malayalam cinema is thriving in terms of content. 

• Manjummel Boys became the highest-grossing Malayalam film ever, making over ₹240 crore on a ₹20 crore budget. 

• Premalu , made for just ₹3 crore, raked in ₹136 crore—making it possibly India’s most profitable film of the year.

Yet, for every success, there are multiple disasters. Identity , starring Tovino Thomas, cost ₹30 crore but earned only ₹6 crore. 

Some productions have seen their budgets inflate by 500% with zero financial discipline. Directors and actors cash in, while producers are left selling their cars to cover debts.

The Problem? 

The OTT boom gave actors unrealistic pay expectations . When platforms pulled back, refusing to overpay for Malayalam films, the industry was left scrambling.

Now, most producers are borrowing money at 20-25% interest rates—practically financial suicide.

GLOBAL NAZARA

Where Billionaires Stand in a Queue 🚶‍♂️🚶‍♂️🚶‍♂️

It turns out that billionaires wait in line too, especially when it comes to the Future Investment Initiative (FII) Summit in Miami.

The Saudi-backed event saw heavyweights like Elon Musk , Ken Griffin , and Uber’s CEO vying for the best seats to watch Donald Trump take the stage.  

The FII Summit in Miami focused on fostering global investment opportunities and strengthening US-Middle East economic ties.

Activist Hedge Funds vs. UK Investment Trusts  ⚔️

The UK’s £274 billion investment trust industry is feeling the heat as activist hedge funds, led by Saba Capital Management , try shaking things up. 

Boaz Weinstein , known for making markets sweat, has been pushing to revamp seven investment trusts suffering from hefty trading discounts. 

His grand plan? Convert them into open-ended funds. But boards aren’t budging, fighting back with share buybacks to keep investors happy.

TOP STORIES

Swiggy Rolls the Dice on Quick Commerce 🎲

What Happened?

Food delivery giant Swiggy just dropped another ₹1,000 crore into its supply chain subsidiary, Scootsy —because apparently, ₹1,600 crore in December wasn’t enough.

The company, in a stock exchange filing, revealed that the latest investment will be done via a rights issue, pricing each Scootsy share at ₹7,640.

Where’s All This Money Going?

Straight into the engine room—funding working capital and expansion, especially for Instamart, Swiggy’s quick commerce arm.

And with Scootsy’s revenue shooting up from ₹1,580 crore in FY22 to ₹5,796 crore in FY24 (a jaw-dropping 267% jump in just two years), it looks like Swiggy is doubling down on a winning bet.

Why It Matters?

This isn’t just about food delivery anymore—Swiggy and its rival Zomato are in a full-blown sprint to dominate the quick commerce game.

Think of it as a modern-day gold rush, but instead of pickaxes and shovels, it’s warehouses and last-mile delivery networks.

Swiggy’s logistics arm is its ticket to controlling the entire supply chain, reducing reliance on third-party vendors and keeping costs in check.

The proof? Swiggy’s supply chain revenue jumped 23% year-on-year in Q3 FY24, hitting ₹1,693 crore.

MIRCH MASALA

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