👀 The Week At a Glance
This week we talked about India's crypto regulations, this week's unicorn, the first publicly traded human, and a lot more!
Hey there, good morning! Here’s a quick recap of what happened in the world of business and finance this week. Binge on!
🚫 Can Crypto Be Regulated?
The Indian government has been trying very hard to control and regulate crypto. But why does it want to regulate the people’s current fav asset? And is regulation even possible? ReadOn to find out!
💳 New Week, New Unicorn
India is creating unicorn after unicorn and this week’s unicorn is Slice. The startup is trying to change how young India spends and their perception of credit cards. Here’s how.
🌩 Predicting the Weather Can Make You Rich!
Do you have a knack for knowing when it’s going to rain? Then weather derivatives are the financial instrument for you. Here’s our explainer on how these instruments can help you make money.
🏦 No Banks for India Inc!
Companies like Reliance, HUL, and Tata literally sell anything and everything. But there’s one thing they can’t do: own banks. And even though they did come very very close to having banks, the RBI spoiled the party for them. Want to know the full story? ReadOn!
🤔 Are Founders Bad CEOs?
Twitter investors seem to be celebrating founder CEO Jack Dorsey’s resignation. But aren’t founder CEOs the key to a company’s success? And what exactly is going on at Twitter? ReadOn to know.
📈 The First Publicly Traded Human
You may have traded the shares of a lot of companies. But what if we told you that you could also buy the shares of human beings. Here’s our piece about the first publicly traded human and the bizarre business of selling shares of humans.
🗞️ Here's What Else Made the News and Moved Markets:
👉 Wouldn’t it be great if we could use one app for everything? This is exactly why many companies were creating super apps. But Zuckerberg doesn’t need to put in this effort. Other companies are now making WhatsApp a super app. How? This week JioMart, Upstox, and Uber all announced you could avail of their services on WhatsApp. So, will you be shopping or creating a demat account using WhatsApp soon?
👉 A leaked email recently revealed that Elon Musk’s SpaceX could soon be facing bankruptcy. This is because the company is facing a production crisis. It needs more Raptor engines for its Starship rockets, which will be crucial for sending humans to the moon and Mars. In fact, things are so bad Musk apparently asked employees to work weekends.
👉 Bharti Airtel executives are reportedly looking to buy a controlling stake of 51% in Dish TV, its main competitor in the DTH space. But for this, it needs to convince Essel Group (Dish TV’s parent) and Yes Bank (Dish TV’s largest shareholder) to sell its shares. Will Airtel manage to gain control over its rival?
If you want such bite-sized updates about what’s happening in the business and finance world, consider following us on Instagram.
And now you can listen to our stories as well because the Revolution ReadOn podcast is live!!! Here’s where you can catch it on Spotify, Apple Podcast or Amazon Music
Don’t forget to share the pieces you loved with your friends and let us know what kind of content would you like to read!
With love,
Team ReadOn ❤️
Join us on Whatsapp to get daily updates! 👇