In this week’s wrapup, we discuss Onida’s comeback, how OnePlus went from being the ultimate flagship killer to fighting questions about its own identity, plastic banknotes in India, Yes Bank’s turnaround, and how BlueStone finally turned a profit after fourteen years in the red.

With that out of the way, let’s look back at what we wrote this week.

Can Onida make a comeback?

If you grew up in the 80s or 90s, chances are you still remember the electronics brand Onida and its creepy green mascot — the iconic Onida devil. Back then, it wasn't just another TV brand. It was everywhere. So much so that it earned the tagline, “Neighbour's envy, owner’s pride.”

But somewhere along the way, Onida became an afterthought in a market it once dominated. And now, it wants to make a comeback.

And this isn’t its first attempt. It has tried to revive itself several times before. But this time, something feels different.

The question though is... is this finally the comeback that works, or are we about to watch history repeat itself?

Read Monday’s newsletter to find out.

How OnePlus Settled

There was a time when recommending an Android phone was easy. If someone asked what to buy, the answer was almost always OnePlus. It offered flagship performance at a fraction of the price, clean software, and an identity that made it the go-to brand among tech enthusiasts.

Today, that identity feels far less certain.

As OnePlus restructures its global business and faces questions about its future in key markets such as North America and parts of Europe, it’s worth asking what really changed. Was it simply outcompeted by Apple, Samsung, and Google? Or did success itself alter the company?

Read our full story to find out.

The tricky case for plastic banknotes

A few days ago, the Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), the RBI’s currency-printing arm, floated a global tender for 68,000 reams (1 ream = roughly 500 sheets) of polymer substrate — the material used to make plastic banknotes. These will be used to trial-print two denominations of Indian currency.

This news has sent the internet into a frenzy, with many assuming that the paper notes we use today will soon become worthless. But the truth is that the RBI is only planning field trials for now. And only if they go well, maybe, just maybe, sometime next year or later, could we see a few denominations of plastic currency in circulation.

And many folks believe that this is an obvious win because polymer notes last longer and could save the RBI thousands of crores in printing costs over time.

But is it really that simple?

Find out in Wednesday’s newsletter.

Yes Bank's turnaround explained

Six years ago, Yes Bank was fighting for survival. Depositors were rushing to withdraw their money, the RBI had imposed withdrawal limits, and the bank needed an emergency rescue led by SBI to avoid collapse.

Today, the picture looks very different.

Yes Bank has reported its highest quarterly profit since the crisis, bad loans have fallen sharply, deposits are growing again, and Japan's SMBC has emerged as its largest shareholder.

So, does that mean the turnaround is complete?

Read our full story to find out.

How BlueStone broke its loss-making streak

For 14 straight years since it started, BlueStone did one thing remarkably consistently — lose money. Even years of funding from marquee investors and rapid expansion couldn’t change that.

But then, almost overnight, something flipped. A few months ago, the omnichannel jewellery retailer reported its first-ever annual profit. And just a few days ago, it followed that up with another profitable quarter.

Here’s the interesting bit, though. This wasn’t just because it sold more jewellery. In fact, one of the biggest reasons behind the turnaround has nothing to do with opening more stores.

So, are these profits actually sustainable?

We broke it all down in yesterday’s Markets Edition.

Finshots Weekly Quiz v2.0 🧠

As you probably already know, the Finshots Weekly Quiz has a new avatar. If you missed out on it in the last couple of months, don’t worry. Click here to check out the rules and set a reminder to participate consistently starting next month!

Now, 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, 31st of July, 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 August.

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