Finshots Daily

Last week, in an unprecedented move, shareholders of Lakshmi Vilas Bank ousted seven directors from the company all in one go. Insiders stated that the decision was predicated on the fact that Lakshmi Vilas Bank had been underperforming for a while now. But here’s the thing. There’s more to this story than what meets the eye. And so today, we will talk about what really went down at Lakhsmi Vilas Bank.

In today's Finshots, we talk about What happens when things aren't exactly as they seem.

In today's Finshots, we talk about Google and its new policy that might force developers to shell out a 30% commission on all in-app sales involving digital goods.

Are people selling junk bonds because they might actually be junk? That’s the question we try and answer today.

In today's Finshots, we talk about airports, Adani and break even equations.

In today's Finshots, we talk about the latest ruling on the Vodafone Tax matter and explain the whole case in as few words as possible.

A couple of weeks ago, Tata Sons and the construction giant Shapoorji Pallonji Group were on the verge of fighting another bitter courtroom battle that would have further strained their relationship. But then within a matter of days, both parties reached a compromise that would help them walk away from the feud rather amicably. And if you’re wondering what this story is about and why any of this is relevant, today’s Finshots Market is for you.

In today's Finshots, we discuss how a pandemic affects women and their role in the unpaid labour market.

In today’s Finshots, we talk about high denomination currencies and what’s happening to them.

Yesterday, HSBC shares plunged to their lowest level since 1995 after an investigative report alleged that the bank facilitated a money-laundering scheme.

And obviously we need to talk about it.