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The Ken
Business news is complex and overwhelming. It doesn’t have to be. Every day of the week, from Monday to Friday, Daybreak tells one business story that’s significant, simple and powerful.
Hosted from The Ken’s newsroom by Snigdha Sharma and Rahel Philipose, Daybreak relies on years of original reporting and analysis by some of India’s most experienced and talented business journalists.
Why Airtel is witnessing an exodus of its regional CEOs
While the Indian telecom sector is expected to grow by 12.5 billion dollars every three years, the rate of attrition in the industry is at a six quarter high. But the nature of the exodus is slightly different at Bharti Airtel, the country’s second largest telco.Its regional CEOs who helped it fight the big war against Jio are leaving the company.Tune in to find out why.
11:0723/12/2022
Why Metro Cash & Carry may exit India after almost 20 years
70% of Metro AG’s business in India is made of kirana or mom and pop stores.But despite being Metro’s core customer base in India, kirana stores are actually turning out to be the straw that's breaking the German retailer’s back. Tune in to find out why.With inputs from Aayush Agarwal
12:4521/12/2022
How SNBL startups are trying to make savings-led purchases cool again
The looming threat of a recession, rising interest rates, and the RBI’s new guidelines for digital lending are proving to be a roadblock for buy now, pay later (BNPL) platforms.But many new startups are using this as an opportunity to push consumers away from the more credit-centric models that encourage impulse buying towards a new, planning-based purchase model called save-now, buy-later (SNBL).How does it work?Tune in to find out.
13:2320/12/2022
Why creditors are losing faith in Byju’s
India's most valuable startup breached the loan terms, including a September deadline for filing its results for FY 2022.Byju's filings for the previous financial year, too, were delayed by one and a half years. And their last audit report does not paint a pretty picture of the company's financials for FY 2021.Tune in to find out what is causing this lack of confidence amongst the creditors of the edtech giantWith inputs from Gaurav Tyagi
11:3916/12/2022
Why the ban on sale of loose cigarettes is not alarming investors
More than 70% of the cigarettes that are sold in India are sold in loose and yet, no alarm bells went ringing in the tobacco industry when a ban on the sale of loose cigarettes was announced. Will the ban even succeed in pushing down cigarette sales?Tune in.With inputs from Ayush Agarwal
10:5614/12/2022
The e-rupee is stuck between UPI and cash
It’s been two weeks since the RBI launched a pilot version of the e rupee. But many things are still up in the air about it, including concerns about the anonymity of transactions and if it will hold against one of the largest digital payment systems in the world.Tune in.For more read: How will the e-rupee beat UPI?
10:5313/12/2022
Why communications ministry may be forced to revise the draft telecom Bill
The draft telecom Bill introduced by Communication Minister Ashwini Vaishnaw in September this year had a lot of hopes pinned on it. The telecom sector in India is governed by archaic laws. One of them even goes as far back as 1885. But the draft bill left the industry divided.Why? And what are the changes that the government might be forced to introduce to the new bill?Tune in to find out.For more on this, read this report by Pratap Vikram Singh: 900 comments on draft telecom Bill may force communications ministry to make three key U-turnsAlso, listen to this brand new episode of First Principles with NoBroker's Amit Agarwal
10:4309/12/2022
How Apple is winning India
In the year that ended in March 2022, Apple saw its India revenue shoot up to an all-time high by 45%. But for the longest time Apple's growth in India was sluggish.What's making Apple's fortunes in India turn around so drastically?Tune in to find out.For more on this, read this report by Soumyajit Saha: Indians’ love for the iPhone is stronger than ever. But Apple retailers are not happy
11:1507/12/2022
The curious case of Adani’s open offer to NDTV’s public shareholders
More than 53 lakh NDTV shares were tendered when Adani's open offer ended on Monday. But many of NDTV’s public shareholders sold their shares to Adani Enterprises at a price lower than the current market rate. Why? Tune in to find out.Also, read this edition of Ka-Ching by Anand Kalyanaraman: The puzzling case of NDTV investors selling shares below market price.
14:5105/12/2022