Partly true

The Reel's claims are accurate. Mainstream outlets published reports of a $10 billion BYD investment in Hyderabad, which BYD officially denied as untrue four days later.

Some of it's right, some isn't. Reel by @simplified.mu · checked 8 Oct 2026 · Money

The Reel we checked

@simplified.mu

How one analyst spotted a fake $10 billion headline before the company denied it. Jayant Mundhra delivered a keynote at Marwadi University on how to read IPO…

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Simplified By Marwadi University and Jayant Mundhra · from 14:59

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🚩 What's concerning

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Republic World published extensive reports on a proposed $10 billion BYD investment while admitting it could not independently verify the plans with the company.

"Republic Business could not independently verify the development from BYD on its investment plans in India." Republic, 2025-03-29

What we checked

✓

Chinese car maker BYD was going to invest $10 billion in India, as reported by every news outlet last year.Republic

BYD management issued a press release four days later stating they were not making any such investment.Said in the full video; no news source checks it as fact.

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