News | inves4: Indian Equity Investing

China is imposing quarantines of up to 7 weeks for cargo ship crew, and it’s bad news for the supply chain

China is imposing mandatory quarantines of up to seven weeks for returning Chinese seafarers. Crew changes are getting more difficult due to stricter government requirements, says the Global Maritime Forum. Ships are rerouting to work around China’s restrictions, prolonging shipments. China’s strict COVID-19 quarantines are making it difficult for ships to change crews, contributing to … Read more

Samsung may ‘kill’ one of its most popular smartphones

It has been in the works for a while now and won’t come as a surprise but it looks like the Samsung Galaxy Note series of smartphones will soon fade into oblivion. Samsung didn’t launch a new Galaxy Note smartphone this year and officially confirmed it had no plans to do so and now a … Read more

India Inc to show significant EBITDA growth in next 12-18 months: Moody’s

Benefiting from strong consumer demand and high commodity prices, Indian companies will show significant growth in EBITDA over next 12-18 months, according to Moody’s. The rating agency, which has 22 Indian corporates under its scanner, said growing government spending on infrastructure will support the demand for steel and cement. Also, rising consumption, push for domestic … Read more

Niti Aayog floats idea of full-stack digital banks

Government think-tank Niti Aayog on Wednesday proposed setting up of full-stack ‘digital banks‘, which would principally rely on the internet and other proximate channels to offer their services and not physical branches, to mitigate the financial deepening challenges being faced in the country. The Aayog, in a discussion paper titled ‘Digital Banks: A Proposal for … Read more

The Hinduja family feud puts a century-old business empire in jeopardy

As a child in London, one of Karam Hinduja’s favorite pastimes was watching Bollywood movies with his grandfather Srichand , the patriarch of a sprawling global business empire. “He and I, without fail, once a week, whatever was new, whether it was good or bad,” Karam said in a recent interview in Geneva. “That’s a … Read more

Government to introduce cryptocurrency regulation bill in winter session of Parliament

A bill to prohibit all private cryptocurrencies in India, with certain exceptions to promote the underlying technology and its uses, is among 26 bills to be introduced in the upcoming winter session of Parliament. Titled ‘The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021’, it is among the list of new bills for introduction, … Read more

Co-op societies are not banks, RBI cautions

The Reserve Bank of India (RBI) has cautioned members of the public not to deal with co-operative societies undertaking banking business by adding ‘bank’ to their names. “The Banking Regulation Act, 1949 was amended by the Banking Regulation (Amendment) Act, 2020, which came into force on September 29, 2020. Accordingly, co-operative societies cannot use the … Read more

Tesla makes some of the least reliable cars, Consumer Reports says. See which brands came out on top.

Tesla’s cars range in price from $45,000 to $130,000. Consumer Reports published its annual reliability study on Thursday. Tesla and Lincoln came in last, while Lexus, Mazda, and Toyota were named the most reliable brands. The most reliable 2022 models were the Lexus GX, Kia Niro Electric, and Toyota Prius Prime. The world’s most valuable … Read more

Young Wall Streeters are pumping their bonus checks into crypto. Here’s an inside look at how they’re making trades — and what their firms’ compliance departments have to say about it.

Personal-trading policies at banks largely allow crypto investments without any sort of compliance check-ins first. Young bankers are piling into crypto investments. Banks have strict rules around personal investments, but crypto trades go largely untracked. But that could change as firms get more involved in digital assets. Seth, a 22-year-old investment-banking analyst in Chicago making … Read more