We don’t have a Markets edition this week, but here’s a recap of the stories we wrote this week.

Is Aladdin Jio’s secret weapon to disrupt mutual funds?

Reliance and BlackRock have formally asked SEBI’s for permission to launch mutual funds in India. Is this the Jio moment of disruption in the mutual fund industry? It’s hard to say because the industry is heavily regulated and you can’t throw cash to buy loyalty. Performance reigns supreme here and Reliance won’t be able to escape that. But maybe the ace up its sleeve is a tech platform that BlackRock has been perfecting over the past few decades. Read the story here.

Is there a problem with India’s Metro Rail?

India has earmarked around ₹90,000 crores for building metro rails in the past decade. We’re commissioning 6 km of new track every month. And we will soon have the second-largest network in the world. But, as a new whitepaper points out, the number of metro riders might be far below projections. What gives? You can read our story here to find out.

Did a 1997 merger ruin Boeing?

The passenger aircraft manufacturing industry is a veritable duopoly — with Airbus and Boeing ruling the roost. But over the past few years, Boeing has been ceding ground quickly to its rival. It has been hurt by fatal air crashes, delayed deliveries, and poor quality of its aircraft. What plagues Boeing? We argue that it might hark back to a merger it undertook way back in 1997. Read our story about how this merger changed Boeing’s culture from an ‘engineering-focused’ firm to a ‘cost-conscious’ one here.

Should we blame immigration for Canada’s economic woes?

When an economy which has seen a massive influx of migrants starts to stutter, it’s easy to blame the newcomers for everything going wrong. But as the Bank of Canada points out, it may not always be the case. While housing becoming unaffordable is a result of ill-thought-out policymaking, it hasn’t hurt the price of everyday goods. Also, Canada’s economic problems go way back — to a decline in innovation and competitiveness itself. Read our story to find out what ails Canada.

An explainer on the Carta scandal

Carta is a US-based startup that helped other startups to digitally manage their captables. It would help keep track of who owned shares and what kinds of shares. It was a great business idea. But then. Carta also decided to dabble in being a brokerage for private shares a couple of years ago. And that conflict of interest has come back to haunt them now. Our story laid out this dilemma.

That’s it from us this week. See you on Monday!

Until then…

Don’t forget to share this newsletter on WhatsApp, LinkedIn and X (formerly Twitter).

📢Finshots is now on WhatsApp Channels. Click here to follow us and get your daily financial fix in just 3 minutes.