Take One: Big story of the day
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Akasa Air is on an unprecedented flight plan. Can it really redefine flying in India?
In under 10 months since it started operations, the airline has cornered about five percent market share, while adding a record 19 aircraft to its fleet. All eyes are on where it manages to go from here
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Why Info Edge lost faith in 'bijnis'
Sanjeev Bikhchandani backed B2B marketplace bijnis in 2018 and remained bullish on the startup for five years, owning the biggest stake with 26.27percent. He eventually realised that with high cash burn, unsustainable unit economics and a funding winter, bijnis didn't make sense
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March quarter earnings show green shoots, monsoon key for consumption revival
Aggregate net profit of Nifty companies grew 16 percent while net sales jumped 13 percent in the March quarter. Manufacturing companies fared well, the ones exposed to consumption and outsourcing faced demand-related challenges
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It's a deal: US debt ceiling suspended for two years with spending cuts
The deal proposes to suspend the debt ceiling until January 1, 2025, past the next presidential election, in exchange for cuts in federal spending and curbs on welfare programs for low-income families
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How Schoolnet is ensuring India's poorest children don't fall further behind
With its online learning platform designed for rural areas with no internet connectivity, the company is improving learning outcomes with new-age interventions
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Why Kris Gopalakrishnan is spending hundreds of crores to study the human brain
The Infosys co-founder has earmarked close to Rs 750 crore towards research over the next decade. A bet of this scale on a niche and underfunded cause in India makes him stand out among his peers
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Roti, Kapda, Makaan, Bima: InsuranceDekho's cover drive in Bharat
Ankit Agrawal's army of agents has fanned out across Tier II cities and beyond, taking insurance deep and wide to masses in the hinterland. Can the gambit of combining 'offline' trust with 'online' tech pay off for InsuranceDekho?
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Out of the woods: How Small Finance Bank staged a smart recovery
With their feet on the ground and a more diversified lending model, some of these unlisted banks are now getting ready to tap the capital markets
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Rearview mirror, lost alignment and a leap of faith: How Spinny emerged as a dark horse
After two back-to-back flop ventures, the stigma of being a 'failed entrepreneur', and the third venture, too, hanging by a thread during the early years, Niraj Singh displayed remarkable resilience to stage a comeback and put Spinny on the winning track
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Who are the big sharks of the Indian stock markets?
Topping the chart is Radhakishan Damani, promoter of Avenue Supermarts that runs and operates retail format stores D-Mart. At the end of March, Damani's cumulative holding was worth Rs1.53 trillion
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US debt ceiling: Of political game theory and unsustainable debt
Is the market chatter around the US debt ceiling much ado about nothing? The concern isn't as much about a debt default, that's ruled out, but the fireworks that will begin once the contours of the last-minute deal are known. Here's why