A new stock exchange, the Amagi Media IPO & more...
In this week’s wrapup, we talk about the Amagi Media Labs IPO, why the ICAI wants an option for couples to file taxes together, the new Pesticide Management Bill, what happens now that quick commerce’s 10-minute delivery promise is gone, and what will happen if India gets a 500% tariff from the US.
Also, in this week’s Markets edition, we talk about the Metropolitan Stock Exchange (MSE), a new stock exchange that is about to give competition to the NSE & BSE. You can read it here.
With that out of the way, let’s take a look back at what we wrote this week.
The Amagi Media Labs IPO
For decades, running a TV channel meant satellites, cables, and massive upfront costs. Amagi helped flip that model by moving broadcasting, ad insertion, and monetisation to the cloud, quietly becoming a key backbone of the global FAST and OTT ecosystem. Today, over 70% of its revenue comes from North America, and its software powers hundreds of content providers worldwide.
Now the company is heading to the public markets. The opportunity is clear. But so are the questions around costs, competition, and whether recent profitability can hold at scale.
So is Amagi building the future pipes of global television, or riding a transition that’s still finding its footing?
Read our Monday story to find out more.
Should married couples be taxed together?
For years, India’s tax system quietly encouraged people to get creative with taxes. Under the old regime, deductions were stretched, incomes were split, and a lot of money simply slipped through the cracks. The new tax regime tried to fix that by making taxes simpler and cleaner. And it mostly worked.
But there’s still one loophole that refuses to shut — marriage. Some couples can legally, or almost legally, shift income to a spouse to pay less tax.
Now, the Institute of Chartered Accountants of India (ICAI) thinks it’s time to address this head-on by allowing married couples to file joint tax returns if they want to. The idea is simple. Remove the incentive to hide income and stop revenue from leaking out.
But will that actually plug the gap and make the system fairer? We broke it down in Tuesday’s newsletter.
The Pestiside Management Bill explained
Agriculture is what feeds India, both as food and as a livelihood. Because of how important agriculture and of course food is to India, there’s a complete ecosystem and economy behind it. Tractors, packaged foods, and of course agrochemicals. India is the 4th largest producer of agrochemicals in the world, after the US, Japan and China.
But despite having such a massive agrochemical industry, we barely use any chemicals in our own crops. That might sound like a good thing until you realise that pests chew through crops, farmers use unregulated pesticides and consumers end up paying the price with their lives.
That’s why we had an Insecticides Act from 1968. A 57 year old law was regulating an entire industry which literally had direct control over how your food is cultivated. That’s where the new Pesticide Management bill came into play. But what exactly does the new Bill change? And what does it leave out?
Find out in our Wednesday story here.
The 10-minute delivery promise is gone. What now?
India’s quick commerce story hit a speed bump this New Year. Gig workers went on strike, the Labour Ministry stepped in, and asked quick commerce platforms to drop the “10-minute delivery” promise.
At first glance, it feels like a small change. After all, groceries still arrive pretty fast. But that tiny promise played a much bigger role than most of us realise, not just in how platforms operate, but in how we decide to click “order”.
So what really changes when speed can’t be marketed anymore? We broke it down in Thursday’s story.
What will happen if India gets a 500% tariff?
A 500% US tariff sounds hypothetical, but it would be devastating. Indian exports would instantly become unviable, wiping out demand across pharma, textiles, engineering goods, and IT services. And that’s a serious problem because the US is India’s single largest export market.
Replacing that demand isn’t as simple as signing new trade deals. Other markets are smaller, slower to absorb exports, and often unsuited to what India sells best. Even multiple FTAs can’t replicate one deep, wealthy buyer overnight.
So if the US shuts its doors, can India realistically respond, or just soften the blow over time?
Read our Friday story for a full breakdown.
Finshots Weekly Quiz v2.0 🧠
Hey folks! A few months ago, we hit pause on the Finshots Weekly Quiz because we were cooking up something new. And last month, we finally unveiled the Finshots Weekly Quiz v2.0. If you missed out, don’t worry. Click here to check out the rules and set a reminder to participate consistently starting next month!
But for now, it’s time to announce the winners. First up, the very first winner of Finshots Weekly Quiz v2.0 for December 2025. Drumroll, please… 🥁 Ashutosh Nayak! Congratulations.
Next, let’s move on to the top scorers from our previous weekly quiz. There were a whole bunch of you who participated, and many of you ended up with the same scores. So we’re calling you Bulls, Bears, Unicorns, Blue Chips, and Rising Stars. Here’s how the leaderboard looks right now:
If your name has been featured on the leaderboard, then congratulations! If not, don’t lose hope. If you attempted last week’s quiz, keep at it and answer all the weekly quizzes this month. You never know when the turntables! Click on this link to take this week’s quiz, which is open till 12 noon, Friday, 23rd of January, 2026. The more answers you get right, the better your chances of appearing on the Finshots Weekly Quiz leaderboard. We’ll publish it every Saturday in the Weekly Wrapup. And the winner will be announced in the first week of February.
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Insurance Masterclass Series: Claims made Simple!
A prominent insurer is set to raise term insurance rates in the next few days. Which makes this a good time to understand how life and health insurance actually work, beyond just premiums.
That’s why we’re hosting a free Claims Webinar Series, where we break down how claims are processed in the real world, why delays and rejections happen, and what truly makes a difference when it matters most.
📅 Today, 17th Jan | ⏰11:00 AM
Health Insurance Masterclass
How hospitals process claims, common deductions, the mistakes buyers often make, and how to choose a policy that won’t let you down when you need it most.
📅 Tomorrow, 18th Jan | ⏰11:00 AM
Life Insurance Masterclass
How to protect your family, choose the right cover amount, and understand what really matters during a term insurance claim.