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PODCAST

Daybreak

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.

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All Episodes

8:53

Can Zepto’s 10-minute coffee dodge the fate of...

Daybreak ·

2025/08/03

India’s coffee scene looks like it is booming with new cafes, trendy menus, and big international names. But the truth behind is that almost no one is making money.And then came along Zepto Cafe, the 10-minute coffee delivery, that wanted to change everything. In early 2025, it was clocking 100,000 daily orders and a $100 million run rate. But just months later dozens of its locations shut down.Why did Zepto, with its speed, scale, and infrastructure, end up like every other coffee brand in

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10:24

US consumers may not notice the ‘Made in India’ tag,...

Daybreak ·

2025/07/31

A 25% tariff on Indian textiles maybe a blow to India’s exports but that’s only half the story.The latest trade move by Donald Trump could hit closer to home for American consumers. India is the third-largest supplier of apparel and home textiles to the U.S. after China and Vietnam. Both countries already face heavy tariffs from the US. Together, China, Vietnam, and India account for nearly 60% of American clothing imports.So what happens when all three get taxed?In this episode, we examine

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10:31

Clinics have made IVF the new C-section. VCs can't...

Daybreak ·

2025/07/30

IVF chains in India aren’t deterred by paltry things like probabilities. They’ve made IVF the new C-section—essentially, a revenue-generating procedure pushed before natural alternatives are even considered. All at 4X the cost of a C-section, or around Rs 2 lakh for a single cycle.The result is a $1.4 billion IVF market in India—10 times the market for cataract surgery, the most common procedure worldwide.Unsurprisingly, venture-capital and private-equity firms have swooped in for the

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12:58

Lenskart's all set for its IPO but the franchisees...

Daybreak ·

2025/07/29

Lenskart has grown into one of Asia’s biggest eyewear companies and is now gearing up for a massive IPO. It is aiming to raise ₹2,150 crore through a fresh issue as part of an ₹8,000 crore public offering. But as the company prepares to go public, a storm is brewing behind the scenes.A group of former franchise store owners is accusing Lenskart of unfair practices and even fraud. They're alleging they were kept in the dark about store finances and undercut by company-owned outlets opening

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8:21

At India’s airports, Adani wants the runway, the...

Daybreak ·

2025/07/28

When Dreamfolks Services launched in India, it built the system that made airport lounge access work. It connected banks, card networks, and travellers to lounges across the country. For years, it stayed behind the scenes, powering the perks many took for granted.Now, it’s being pushed out.In this episode, we look at how Adani, India’s largest airport operator, is moving quickly to take control. Not just of the runways, but everything inside the terminals. Lounges, food courts, duty-free

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13:01

Who’s using the e-rupee?

Daybreak ·

2025/07/28

Globally, virtual currencies are back in the limelight. In India, UPI transactions hit record highs almost every month. Yet, the value of cash in circulation has gone up by Rs 2 lakh crore. Sure, the transaction value of the e-rupee, or the digital form of the fiat currency, has increased, but it’s driven more by banks doling out allowances to employees than any real market demand.But the reality is that the landscape of money’s partial substitutes in India, a digital-payments pioneer,

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39:27

On Substack, online knowledge olympics, and the...

Daybreak ·

2025/07/24

In this episode, hosts Snigdha Sharma and Rahel Philipose are joined by interdisciplinary artist and internet truth-teller Anurag Minus Verma to talk about what’s really happening to Substack and why it matters. The online publishing platform began as a utopian space for writers and artists that promised no algorithms, no ads and no hustle for likes. It allowed for writers and readers to forge direct connections for a simple 10% cut. But with a fresh $100 million in VC funding and a growing

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11:42

How Chanda Kochhar was found guilty

Daybreak ·

2025/07/23

On July 22, 2025, a court found former ICICI Bank CEO Chanda Kochhar guilty of accepting a ₹64 crore bribe from Videocon Group promoter Venugopal Dhoot. The bribe was allegedly routed through her husband’s company, NuPower Renewables, just a day after ICICI sanctioned a ₹300 crore loan to Videocon in 2009.In today's episode, we trace the complete timeline, from the first whistleblower alert in 2016 to the 11,000-page CBI chargesheet and the 2022 arrests of the Kochhars. We also look at how

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10:55

Why should your degree get you a job anymore?

Daybreak ·

2025/07/22

India’s job market is broken.We’ve known that for a while. But the reason why is worth paying attention to. It’s not a lack of talent.Every year, India adds millions of graduates to its talent pool. Thousands enter the workforce—freshly certified and ready to be hired.The real problem is the growing disconnect between qualification and competence.Tune in. 🎓 Are you an Indian student in the US or recently graduated? Tell us what your journey’s been like: Take the survey

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12:32

FMCG giants are caught in a spice war

Daybreak ·

2025/07/22

India’s packaged-food bigwigs ignored spices for a long time. Not anymore.Since 2020, everyone from ITC to Tata Consumer Products, from Dabur to Wipro, has been scrambling to cement their place in this essential corner of the Indian kitchen. They’ve pounced on spice brands, sometimes paying top dollar for them, all while their investors cheered them on. In fact, the stocks of Tata Consumer and ITC have both outperformed the S&P BSE FMCG index over the last five years.Turns out, this was

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13:28

What happened to Kashmir's saffron?

Daybreak ·

2025/07/20

It takes 150 crocus flowers to make just one gram of saffron. For comparison, a spice like cumin, gets you hundreds of kilos per acre whereas saffron yields barely two.Despite getting a prestigious GI tag from the Indian government and even a National Mission dedicated to its revival, Kashmir’s saffron production has plummeted:from 8 tonnes in 2011 to just 2.7 tonnes in 2024. So what’s going wrong? And can India learn something from Iran, which currently dominates 90% of the global saffron

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9:20

iPhone 17 mass production in India is faced with a...

Daybreak ·

2025/07/17

iPhone 17 components have started arriving at Foxconn’s plant in Tamil Nadu. It signals Apple’s quiet but serious shift toward next-gen production in India, potentially starting as early as August. But as India is stepping into a more central role in Apple’s global supply chain, Foxconn is being forced to pull hundreds of Chinese engineers out of India. These are people who helped set up and run these complex manufacturing lines. The move has raised eyebrows with many interpreting it as

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13:38

No one knows how Cibil rates your finances. Not even...

Daybreak ·

2025/07/16

CIBIL or Credit Information Bureau (India) Ltd is one of only four credit information providers in the country that is licensed by the RBI. It is considered the oldest and the most reliable. It essentially calculates your credit score, a three digit number between 300 and 900, and provides it to banks so they can judge your creditworthiness. Usually, anything over 700 is considered good. But this whole process is anything but straightforward. In fact, it is shrouded in mystery. Each of

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12:32

You think Ola Electric is in trouble? You’re not even...

Daybreak ·

2025/07/15

On June 23, Ola Electric’s stock crashed to an all-time low of ₹43. This week, the stock staged a brief rebound, jumping nearly 20% in a single session. But at ₹47, it’s still trading far below its IPO price of ₹76 and more than 70% off its post-listing peak.On an earnings call, founder Bhavish Aggarwal insisted the company was on track. With rising margins and tighter cost control, he said, Ola would hit EBITDA break-even at 25,000 units a month.But a closer look at Ola’s financials tells

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11:56

The new tech job you’ve never heard of and why...

Daybreak ·

2025/07/14

Welcome to the world of AI trainers.A growing army of freelancers is quietly shaping the way large language models think.Hired by companies like Turing, Mercor, and Deccan AI, these trainers are tasked with finding blind spots in models built by OpenAI, Meta, Anthropic, and Google—and fixing them.The goal? Fewer hallucinations. Smarter, more coherent responses. A model that feels just a little more… human.It’s a noble endeavour. But also a billable one.And as this new line of white-collar

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12:42

Why IIMs are betting big on bachelor's degrees

Daybreak ·

2025/07/13

Until recently, the prospect of an IIM offering a standalone undergraduate degree seemed unlikely. Traditionally known for their elite postgraduate programs, the Indian Institutes of Management (IIMs) have long been synonymous with MBA excellence. That image is now undergoing a significant shift.IIM Sirmaur is among the many who have introduced a bachelor’s program. IIM Kozhikode and IIM Sambalpur have followed suit. IIM Bangalore and IIM Lucknow are also preparing to launch similar

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13:13

India can’t build the next Nvidia now but it can...

Daybreak ·

2025/07/10

Just last year, Nvidia CEO Jensen Huang sat across from Mukesh Ambani at the company’s first-ever AI summit in India.Dressed in his trademark black leather jacket, Huang addressed a packed room of tech founders, policymakers, and academics. He made a bold prediction: India, long known for exporting software, will soon be exporting AI.But this wasn’t just another keynote. It was a power play.At the same event, Nvidia and Reliance announced a major partnership to build AI infrastructure in

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10:23

47 million in India lost life insurance in one year....

Daybreak ·

2025/07/09

47 million Indians just lost their life insurance coverage. But not one of the country’s biggest insurers seem bothered.In this episode, we look at the silent collapse of credit-linked life insurance—policies that were once bundled with microloans and quietly protected millions of low-income borrowers. But now, that model is breaking down.Blame mounting defaults, shaky microfinance lending, and a post-pandemic spike in death claims. As lenders pull back and insurers retreat, entire

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9:28

From Manipal to Shapoorji, India's private credit...

Daybreak ·

2025/07/08

Private credit is having a moment in India. Hardly a week goes by without a blockbuster deal. Whether it’s Deutsche Bank’s $3.4 billion debt package, KKR’s $600 million loan to Manipal, or a fresh round of financing for Shapoorji Pallonji.But beneath the surface, pressure is building.As interest rates fall and competition heats up, yields are tightening. Banks, once sidelined, are eyeing a comeback. They are realising they should once again lend to companies they gave up to non-bank lenders

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11:33

Whitehat Jr taught Karan Bajaj a few lessons. Now...

Daybreak ·

2025/07/07

After swearing off startups post a $300 million exit, Karan Bajaj is back with Complement 1, a healthtech venture offering personalised coaching for cancer patients. But this isn’t just a pivot, it’s a whole new playbook.This time, it’s personal: Bajaj’s mother had cancer, and he says this is the product he wishes she had.Built for the American market, Complement 1 is taking a B2B route, targeting insurers, employers, and cancer centres. But early traction has been tough. Unlike edtech,

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582 results

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