Take One: Big story of the day
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Empty Nest: Why the funding birds abandoned NestAway
A startup raises around $110 million from marquee backers, gets valued at close to $220 million, and then eventually gets sold at $11 million! Well, that's the story of NestAway. Did the pandemic kill the home rental startup or was it a victim of the funding winter? Or is there something else?
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India's Goldilocks economy: Will the RBI change its policy stance?
The RBI's MPC is widely expected to keep the repo rate unchanged at 6.5 percent on the back of better-than-expected GDP numbers and 18-month low inflation
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How Air India's million little steps are taking it on a journey to find lost glory
Since it launched a turnaround program in September last year, Air India has gone on to place a record order for 470 aircraft while also pumping in money into technology, hiring, training, and infrastructure
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Monsoon pivotal for government to manage inflation & growth in pre-election year
Approximately 50 percent of the country's net sown area relies on the monsoon rains, which also replenish water reservoirs
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Weakened Indian crypto exchanges find alternatives to buttress their business
Hurt by risk averse market sentiment and crippling fall in trading volumes, crypto exchanges in India have become leaner and expanded beyond cryptocurrencies to sustain their business. The jury is still out on whether these measures will help avoid or accelerate their demise
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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