BusinessLine Podcasts

Businesssline caught up with Dr Shilpa Vora, Chief R&D Officer at Marico to know more about how companies are navigating fast-changing consumption trends in post-Covid days. Vora pointed out that globally there has been a massive shift towards healthier food and lifestyle. She said consumers are increasingly seeking convenient options such as ready-to-cook and ready-to-eat options that are healthier but can also be customised as per their needs.

Looking at prominent trends that are expected to gain ground in 2024, she said companies are expected to inculcate millets into their products not just in India but across the world. “ As consumers seek more healthy food options, taste remains non-negotiable. We will also see more experimentation in terms of flavours. More and more international flavours are expected to be added to the India repertoire,” Vora explained.

On Marico’s R&D strategy, she said that agility is a core tenet. “Saffola stands for taste-forward “better-for-you” products. We do a lot of social listening and deep consumer interactions to gain insights and then develop our products based on those insights. For instance: When we launched Saffola Oats back in 2012, we realised that Indian consumers go for warm breakfast that is savoury and not sweet. That led us to build this whole category of instant masala oats.”

With a lot more focus on STEM education for women, Vora pointed that concerted efforts from various companies have ensured there are a lot more women talent now in the R&D spaceits heartening to see a lot more women being part of R&D teams in FMCG companies compared to when she started out in the field

In this businessline podcast, Dr Madhuri Vidhyashankar, a renowned gynecologist, Motherhood Hospitals, Bengaluru, talks to businessline’s Anjana PV regarding the ongoing discussions surrounding menstrual leave policies. She emphasises the prevalence of dysmenorrhea, affecting 40-50% of young girls and 50-60% of women in the reproductive age group.

Dr Madhuri points out that, while some may experience prolonged and severe pain due to conditions like adenomyosis or endometriosis, blanket menstrual leave policies may not be universally beneficial.

She highlights the availability of effective medications, ranging from mild analgesics to advanced treatments, which can alleviate menstrual discomfort for 80-90% of women. Dr Madhuri requests for an individualised approach to menstrual leave, considering the varying needs of women based on their health conditions.

The conversation delves into the changing perceptions of menstruation, noting stark differences between rural and urban areas. Rural women often view menstruation as a divine and anticipated occurrence, while urban women are well-informed and open about discussing it. Dr Madhuri acknowledges the positive shift in attitudes, attributed to comprehensive sex education.

Addressing the use of pills during menstruation, Dr Madhuri assures that, when prescribed by a gynecologist, these medications are safe and essential for managing conditions like dysmenorrhea. She advocates for open-mindedness among parents and society to allow young girls to manage their pain effectively.

She also touches upon the potential impact of menstruation-related issues on women’s productivity at work. Discrimination based on menstruation could disincentivise employers from hiring female workers, perpetuating gender bias.

The conversation concludes with a discussion on menstrual hygiene in India. Dr Madhuri commends recent initiatives like reduced GST on sanitary napkins and the availability of affordable pads through government schemes. She stresses the importance of comprehensive sex education, awareness, and eradication of social taboos for holistic menstrual hygiene practices across the country.

The year gone by was a busy one for companies in the lending arena. Sridhar Sivaram, Investment Director, Enam Holdings joins in to decode the year ahead for IPOs.

Placements at India's top-tier B-Schools are currently witnessing a decline in numbers, attributed to the prevailing global economic downturn.

In a compelling discussion shedding light on the recent downturn in placements at India's premier B-Schools, Ayush Arya engages with two prominent YouTube personalities, Abhishek Jain, renowned as The IIM Guy from IIM Visakhapatnam, and Keshav Grover, a recent graduate from IIM Jammu.

In this conversation, the duo shares invaluable insights into the challenges faced during on-campus and off-campus placements, the debate between specialisation and generalisation, and much more. They unravel the intricacies of navigating the corporate landscape in the midst of a global economic downturn and provide a firsthand account of their post-graduation experiences.

Magniflex India, a 60-year-old mattress brand from Italy, has decided to scale up its operations in India. In this podcast, businessline’s Nabodita Ganguly is joined by Anand Nichani, Managing Director of Magniflex India, to talk about the company’s expansion plan in India, the rise in demand for health-focused mattresses, and the company’s possible hotel partnership in India. Magniflex manufactures 10,000 mattresses a day and supplies them to 100 countries.

Nichani emphasises the growing awareness of health post-Covid-19, leading to a surge in demand for mattresses focused on comfort and quality sleep.

The discussion delves into Magniflex's innovative products, including the Ergo Tre Electric Bed, designed for enhanced comfort. Nichani reveals upcoming innovations and technologies, showcasing the company's continuous commitment to research and development.

The conversation shifts to market trends, target consumers, and affordability. Nichani highlights Magniflex's diverse consumer base, from industrialists to Bollywood personalities, and introduces an EMI scheme to make their products more accessible to the middle class.

Nichani also touches upon the mattress industry's challenges, particularly in convincing consumers to invest in quality sleep. He explains how the paradigm has shifted post-COVID, with people prioritising health and wellness.

The podcast concludes with insights into Magniflex's marketing strategy, hotel partnerships, and expansion plans. Nichani mentions ongoing discussions with top international and domestic hotel brands about partnerships. Listen in.

The Indian EdTech sector has seen various highs and lows -- the sector grew rapidly and it was the darling of investors during the pandemic. However, funding in the space has reduced significantly and some of the top start-ups are now facing the pressure. What will 2024 bring to the sector? businessline's Jyoti Banthia speaks to Pratham Barot, co-founder & CEO, Zell Education, and Shantanu Rooj, founder and CEO, TeamLease Edtech, to know the challenges and opportunities in the sector. Listen in.

In the evolving landscape of contemporary India, an increasing number of individuals are choosing the childfree path, challenging traditional norms and reshaping societal expectations. As aspirations shift and personal priorities take centre stage, the decision to forgo parenthood is gaining acceptance.

“DINKs,” an acronym for “Dual Income, No Kids,” represents a demographic trend that has gained prominence in India and across the globe. In India, the traditional family structure has undergone significant transformation, with an increasing number of couples opting for childfree lifestyles. This phenomenon is often attributed to evolving social attitudes, changing economic dynamics, and a desire for career-focused lifestyles. DINKs in India typically comprise two working professionals, both contributing to the household income, allowing for higher disposable incomes and greater financial independence. This demographic shift has implications for consumer behaviour, as DINKs tend to allocate resources differently.

In this insightful conversation, Aarti Krishnan, Consulting Editor, businessline, and Ayush Arya delve into the intricacies of financial planning for individuals who have chosen the childless path. The podcast explores essential topics such as emergency fund size, the decision-making process behind buying or renting a home, and the intriguing concept of FIRE (Financial Independence, Retire Early) for those without the traditional responsibilities of parenthood.

Aarti Krishnan brings her wealth of expertise to the table, offering valuable insights and practical tips to help child-free individuals make informed and strategic financial decisions. Whether you’re contemplating your insurance needs, weighing the pros and cons of home-ownership, or pondering the feasibility of achieving FIRE, this episode provides the guidance you need to secure your financial future.

Jairam Sridharan, MD, Piramal Capital & Housing Finance Ltd and Ruchin Goyal, MD & Senior partner, BCG India, join in to decode what lies ahead for Housing Finance Companies.

YouTube India Director Ishan John Chatterjee joins businessline’s Nabodita Ganguly to discuss the notable trends observed on YouTube in the past year. The conversation covers the rise of short-form videos, with casual creation flourishing across the country, particularly in non-metro areas and diverse languages.

The discussion explores the growing consumption of YouTube on living room screens, marking a significant trend in the platform's evolution. Chatterjee emphasises the diversity in content creation and viewership, spanning various languages, genres, and verticals across the nation.

Delving into news consumption trends, Chatterjee reveals that video has become the most preferred format for consuming news content in India. This shift transcends literacy barriers, enabling users from non-urban areas to access news content on YouTube.

Talking about the monetization of YouTube shorts, Chatterjee discusses the positive trajectory of short-form video revenue, emphasising its potential contribution to the creator economy.

Addressing concerns about fake news, Chatterjee details YouTube's multi-pronged approach to ensuring platform safety. The discussion covers community guidelines, content removal, promoting authoritative sources, and upcoming measures to address synthetic content created through AI tools.

Chatterjee also sheds light on YouTube's use of AI to enhance user experiences. He highlights recent features like YouTube Create, which leverages generative AI to unlock new creative expressions and streamline the content creation process.

Chatterjee previews upcoming trends, including YouTube's focus on branded content through Brand Connect and advancements in podcasting experiences on YouTube Music. He also mentions YouTube's global milestone of 80 million paid subscribers, showcasing its popularity in the music and premium content spaces. Listen in.

Menstrual leave policy has become a major topic of discussion these days. Many claim it is a game changer to bring inclusivity to workplaces, but some others argue that it is a policy that can create more discrimination while hiring women. Chai Sutta Bar is an organisation that has provided 12 paid leaves to its female employees as a part of their menstrual leave policy. In this podcast, businessline’s Anjana PV talks to Anubhav Dubey, co-founder of Chai Sutta Bar, about the importance of providing menstrual leaves and if corporate India is equipped for the same. 

In this podcast, Anubhav emphasises that this policy is not a recent ploy for attention but has been in practice for three months with remarkable results. The decision arose from an open debate within the company after a team member expressed the need for a menstrual leave policy. The core principle is simple: any woman experiencing menstrual pain or discomfort can opt for paid leave. Despite initial concerns about potential misuse, only a single female employee has availed of this benefit in the past three months, showcasing the effectiveness of the policy. 

The podcast also explores societal perceptions and challenges surrounding women's willingness to take such leaves and how this inclusive policy has led to an increase in job applications from women. Anubhav agrees in the podcast that he has received more job applications from women after implementing this policy.  

The conversation broadens to discuss the overall need for inclusive workplace policies, transcending menstrual leave, and how Chai Sutta Bar fosters a culture of creativity, accountability, and equality. Anubhav challenges conventional thinking by advocating for equal consideration of men in matters such as paternity leave, emphasising a holistic approach to employee well-being. He also shares insights on the positive reception of Chai Sutta Bar's initiatives, signalling a potential shift towards more inclusive corporate cultures in India.  

Listen to the podcast now.  

India has been experiencing recurring cyclones over the past few years. Recently, Cyclone Michaung shook the lives of citizens of Tamil Nadu and Andhra Pradesh. At this juncture, businessline’s Anjana PV talks to Vinson Kurian, consultant, businessline, to understand the formation of cyclones and the reasons behind them. 

Vinson breaks down the formation of cyclones in simple terms, emphasising the role of low-pressure areas over the ocean. He explains how the Coriolis force and warm ocean waters contribute to the swirling motion of air, eventually leading to the development of cyclones. The discussion extends to the factors influencing cyclone intensity, ranging from low-pressure areas to warm tropical oceans, and the crucial role of moisture.  

The conversation then shifts to the impact of climate change on cyclones. He provides insights into studies suggesting an increase in cyclone intensity due to global warming, highlighting the link between rising ocean temperatures and the enhanced availability of moisture. Vinson explores the nuanced dynamics of cyclones in the Arabian Sea versus the Bay of Bengal, showcasing how climate models project changes in frequency, duration, and intensity.  

As the discussion unfolds, he sheds light on cyclogenesis, the birth of cyclones, and the environmental factors crucial for their formation. The dialogue seamlessly transitions to the warming of oceans and its contribution to cyclone strength, emphasising the role of ocean temperature and wind shear. He also touches upon the potential impact of climate change on cyclone frequency, sharing projections about fewer cyclones but increased intensity.  

The podcast also explains about coping mechanisms and infrastructure in place to mitigate the impact of cyclones in India. Vinson discusses the significant improvements made over the years, citing the National Disaster Management Authority, the Indian Meteorological Department (IMD), and the National Cyclone Risk Mitigation Project. He highlights the role of last-mile connectivity, structural measures, technical assistance, and project management in enhancing the country's resilience against cyclones. Vinson also explains how IMD's cyclone early warning capacity has evolved over the years. 

Tune in to the podcast now!

The World Health OrganiZation has classified the SARS-CoV-2 sub-variant JN.1 as a separate variant of interest (VOI) from its parent lineage BA.2.86, due to its rapidly increasing spread. This new variant was recently found in Kerala. In this episode of businessline’s News Explained, Anjana PV and Jyothi Datta discuss the emergence of the JN.1 variant, the potential implications of this new variant, its origins, and the ongoing surge in Covid-19 cases. 

Jyothi explains that the JN.1 variant is a sub-variant of the SARS-CoV-2, which initially caused the pandemic. The variant is considered a part of a lineage that includes well-known variants like omicron. Currently, health authorities such as the Union Health Ministry of India, WHO, and CDC suggest that there is no significant increase in public health risk from the variant based on available evidence. 

The classification of JN.1 as a variant of interest rather than as part of a larger family of variants is highlighted in this podcast. This change in classification is attributed to a spike in cases linked to the JN.1 variant. The discussion moves on to the situation in India, where the first case of the JN.1 variant was detected in Kerala. 

Jyothi emphasises the need for surveillance and precautionary measures in response to the detection of the variant in India, despite the absence of a call for panic. She also states that current vaccines are seen to protect against severe disease and death, and there is no widespread call for booster shots at the moment. However, she acknowledges that vulnerable populations, such as those with weakened immune systems, may need to consult their doctors regarding booster shots. 

The podcast also dives into the possibility of future variants and the importance of continuing basic public health measures. Jyothi emphasises the need for common sense in navigating the upcoming festive season, advocating for handwashing, mask-wearing, and other preventive measures. 

Tune in to know more about the JN.1 Variant. 

Also read

The Indian government is bring a significant changes to the post offices after a 125 years since the enactment of the India Post Office Act in 1898. In this podcast, Shishir Sinha and V Nivedita discuss the nuances of recently Post Office Bill, 2023.

The government’s rationale behind bring in a bill to regulate post offices is that nature of the kind of businsesses these office do have evolved significantly. The current act, Post Office Act of 1898, is from the colonial era. The key amendments in the new bill include the power to intercept, open, or detain parcels suspected of carrying illegal items in the interest of national security. It also has new regulations in place for payments of duties and recovering unpaid amounts. The bill also exempts the post office and its officers from liability for losses, delays, or damages incurred during their services. The bill designates the post office as the exclusive entity for issuing postage stamps.

While these changes aim to enhance the efficiency and security of postal services, concerns arise regarding potential violations of privacy and freedom of expression. However, the government assures that subordinate legislations, including rules and regulations, will address these apprehensions. The impact of these amendments on individuals’ lives remains a subject of debate, with a need for a delicate balance between security measures and safeguarding individual rights. Tune in to the podcast now.

Most of us aren't alien to the concept of artificial intelligence. It is seeping into our work and our surroundings. 

Hari Viswanath, Deputy Editor, bl portfolio joins Nabodita Ganguly to talk about how one can tap the opportunity that AI offers, whether an investor should look out for AI-related stocks, and more.  

AI's fast-paced development is prominent, particularly at the enterprise level. Viswanath emphasizes that companies are leveraging AI services for automation, impacting various sectors, including social media marketing. 

The dialogue delves into concerns about transparency in AI companies, with speculation arising from the temporary removal and subsequent reinstatement of Sam Altman (CEO, OpenAI), a notable figure in the AI realm. This raised questions about the need for clear communication and governance within the industry. 

 The podcast also touches upon international collaboration on AI regulation, particularly focusing on India's readiness for AI-related challenges and the potential for neo-colonialism. The significance of collaboration, inclusion, and robust governance frameworks in AI development was underscored, aligning with recent global initiatives. 

The discussion concludes by reflecting on the perennial question of AI's impact on employment. Acknowledging the potential for job transformation, the conversation encouraged individuals to adapt and upskill, highlighting the positive aspects of AI in overcoming weaknesses and enhancing productivity. Tune in for a comprehensive overview of the evolving AI landscape and its multifaceted impact. 

Reliance Retail and Naturals Salon & Spa recently terminated their acquisition agreement citing disparities in the valuation of Naturals Salon & Spa.  

CK Kumaravel, co-founder and CEO of Naturals Salon & Spa, speaks to businessline about why their recent deal with Reliance didn’t work out, the trends in the beauty industry post-pandemic, and the company’s expansion plan.  

Regarding the potential acquisition by Reliance Retail, Kumaravel explains the reasons behind calling off the deal, citing differences in valuation and a lack of mutual interest. The focus is placed on Naturals' commitment to its current momentum, with the opening of numerous salons and the launch of a new beauty and retail concept called Beauty & Essentials.  

Kumaravel highlights the emergence of a new trend where people seek specialised services from beauty specialists, moving away from traditional generalists. The discussion also touches upon the expansion plans of Naturals, with the opening of salons in Dubai and other international locations. 

Kumaravel emphasises the changing dynamics in the beauty industry, with an increased frequency of salon visits and a rise in average bill values. The gig economy is identified as a significant factor contributing to increased employment opportunities and income levels in the beauty sector. The conversation also touches on the challenges faced during the COVID-19 pandemic and the subsequent recovery of the industry. Listen in.  

Going ‘green’, becoming ‘sustainable’, and having a ‘zero carbon footprint’ are corporate buzz words these days. However, for many big corporations, these words are used as a marketing gimmick instead of a pledge for sustainability. This is called greenwashing. Regulators the world over are taking notice. In India, the Advertising Standards Council of India has come out with draft guidelines for environmental claims in advertising. It is seeking public opinions on the proposed rules until December 31.

In the latest episode of EnergOnomics podcast, Richa Mishra talks to Harish Bijoor, Brand & Business strategy specialist, and Neha Kumar, Head of South Asia Programmes, Climate Bonds Initiative, about greenwashing.

In this Current Account podcast, Hamsini Karthik engages in a compelling conversation with Mr. Shalabh Saxena, the Managing Director and CEO of Spandana Sphoorty Financial Limited. Once the second-largest microfinance company, Spandana Sphoorty faced challenges but is now on a growth trajectory. Saxena shares insights into the company's journey, decoding long-term plans, and revealing a vision for FY 28. The podcast delves into Spandana Sphoorty's unique approach, focusing on customer acquisition, growth strategies, and potential shifts in identity branding.

This podcast sheds light on the innovative financial instruments known as zero coupons and zero principal instruments, particularly in the context of social stock exchanges. These instruments serve as a unique bridge between social enterprises or charitable organisations and potential donors. Unlike traditional bonds or equities, zero coupon zero principal instrument don't yield interest, nor do they return the principal amount upon maturity; instead, they operate as pure donations.

businessLine's Senior Associate Editor, Lokeshwarri SK, explains that social stock exchanges, such as those affiliated with BSE or NSE, facilitate connections between these entities and donors, providing visibility and credibility to the listed social enterprises. The recent reduction in the minimum issue price and application requirements makes these instruments accessible even to retail investors, allowing wider participation in philanthropy.

The discussion delves into the benefits of such instruments for donors and emphasises the increased transparency and credibility of social enterprises. Lokeshwarri highlights the recent milestone of Unnati, a not-for-profit organisation issuing India's first zero coupon zero principal instrument, on the social stock exchange. The funds raised by Unnati will be utilised to train and place underprivileged youth, setting a benchmark for similar initiatives in the future. As interest grows, it anticipates a surge in listings on social stock exchanges, signalling a positive shift in philanthropic dynamics. Listen in.

In this podcast, Madhusudanan R, co-founder of M2P Fintech, discusses his company's recent acquisition of Goals101, an analytics platform working closely with banks. Madhusudanan talks in depth about the acquisition, the thin line between data privacy and data sharing, and moonlighting.

Regarding the acquisition deal, Madhusudanan mentions that it involves a cash-plus-stock arrangement with an additional earn-out for founders over the next few years. The integration process will take time, with teams and sales efforts gradually merging.

When asked about data privacy concerns, Madhusudanan explains their role as a technology provider to banks. They don't directly handle consumer data but enable banks to use it responsibly, always respecting consent.

The conversation explores the company's role in addressing challenges such as fraud in the financial sector. Madhusudanan explains how they serve as a platform for digital banking and facilitate partnerships between banks and fintech companies to enhance the customer experience and operational efficiency.

The interview concludes with Madhusudanan discussing the company's support for moonlighting, allowing employees to pursue their passions alongside their jobs. He envisions a future where companies need to be more accommodating to attract and retain top talent. Madhusudanan briefly outlines the company's plans, aiming to break even by the year's end and considering an IPO in the next two to three years as part of their long-term vision.

Lok Sabha on Wednesday faced a major security breach as two youths jumped from the visitor gallery to the hall, created a smokescreen, and shouted slogans. It is a coincidence that 22 years ago, on December 13, there was a terrorist attack on Parliament.

In this podcast, Nivedita interviews Sinha, a witness to the incident, who describes the breach during the parliamentary session's zero hour. Two individuals entered the Lok Sabha, releasing yellow smoke and shouting slogans advocating dictatorship and the protection of the constitution. Sinha recounts the chaos and the subsequent arrest of four individuals, two from inside and two from outside the Parliament.

The slogans included calls for dictatorship and claims of patriotism. With 40–50 MPs present, including a few ministers on roster duty, the intruders attempted to approach the front row.

Sinha highlights the professional nature of the intrusion and expresses concern about the incident, drawing parallels to his experience during the 2001 terror attack. When asked about security measures, he notes advancements such as barcode readers and holograms on passes, indicating a likely increase in security measures following this breach. Listen in.

Commencing with a recognition of the far-reaching implications of climate change on Tamil Nadu's economic landscape, the podcast conversation featuring Supriya Sahu, Additional Chief Secretary to Government, Department of Environment, Climate Change, and Forests, Government of Tamil Nadu, delves into the intricacies of the challenges faced by the state.

Sahu underscores the urgency for a comprehensive strategy, acknowledging the varied ecosystems within Tamil Nadu. She particularly highlights the tangible impacts of climate change, such as escalating temperatures and erratic rainfall, which shape the everyday experiences of the populace. Sahu advocates for a multi-sectoral and multi-dimensional approach to navigate these challenges to ensure a resilient and adaptive response to the dynamic climate scenario.

The stage is set for a detailed exploration of the Tamil Nadu Climate Change Mission and its initiatives, providing a glimpse into the government's proactive stance in mitigating environmental threats while fostering economic sustainability. Sahu introduces the Tamil Nadu Climate Change Mission, a comprehensive initiative that aims to make the state climate resilient.

The mission involves a special purpose vehicle, the Tamil Nadu Green Climate Company (TNGCC), to coordinate climate action. Three flagship missions under TNGCC include the Green Tamil Nadu mission for afforestation, the Wetlands Mission for restoring vital wetlands, and the Tamil Nadu Climate Change Mission. 

The Tamil Nadu Climate Change Mission focuses on ground-level policies and actions with district-level involvement. Sahu explains the importance of policy directives and highlights the significance of engaging local communities through initiatives like the Climate Literacy Programme in schools, making schools carbon-neutral, and the establishment of climate-smart villages. 

Sahu also details the targets set for various initiatives, such as the 10 climate-smart villages, which aim to implement climate-resilient practices in sectors like agriculture, industry, and transportation. She highlights government efforts to support farmers in adapting to climate change, including missions like Palmyra and Millet that promote climate-hardy crops with reduced water dependence.

The discussion extends to waste management, where Sahu discusses the challenges posed by urbanization. Government initiatives include waste-to-energy projects, biomaturation plans, and partnerships with organisations like the World Bank and the United Nations to address waste-related challenges.

The conversation concludes with Sahu addressing the perceived contradiction between economic growth and environmental protection. She emphasises the need to empower stakeholders, such as industries, through initiatives like green indexing and highlights ongoing projects aimed at enabling local communities to measure, report, and evaluate climate action at the village level. Listen in. 

(Host: V Nivedita, Guest: Supriya Sahu & Edit: Nabodita Ganguly)

Chennai-based Modulus Housing which started after the Chennai floods in 2015, identifies a need for quick, portable housing solutions. The company specializes in micro-construction projects (less than 3000 square feet) using rapid modular technology. These units are built in factories, ensuring controlled quality and can be easily assembled and disassembled for reuse.

Recently, it secured a significant order from the Bihar government to construct 20 bedded hospitals across 173 sites in 23 districts, worth around 65 to 70 crores. It is looking to collaborate with various State governments, notably Bihar, Meghalaya, Nagaland, and others to improve healthcare infrastructure in that State. It is also eyeing expanding in Africa after piloting its solution with Habitat for Humanity.

Overall, the conversation highlighted their journey from inception to their current significant order from the Bihar government, emphasizing the company's focus on rapid, portable, and reusable micro-construction solutions, especially in the healthcare sector.

The long-awaited election results are finally here, revealing significant shifts in political landscapes. The BJP is set to dominate the Hindi heartland, making a strong comeback in Rajasthan and Chhattisgarh while retaining Madhya Pradesh. Meanwhile, the Congress seems to be victorious in Telangana. To decode and understand these results, businessline’s V Nivedita is joined by Poornima Joshi, Chief of Bureau Delhi, and Richa Mishra, Chief of Bureau Hyderabad.

Rajasthan, known for its tradition of ousting incumbents, witnessed the BJP sweep with 115 seats compared to the Congress's 69. Despite expectations of consolidation among certain social groups favouring the Congress, the BJP's strong organisation, unwavering popularity of the Prime Minister, and strategic use of fresh faces contributed to their success.

The conversation shifts to potential chief ministers in the BJP-ruled States. Vasundhara Raje is seen as a strong contender in Rajasthan, given her significant support within the party. In Madhya Pradesh, Shivraj Singh Chauhan is considered the natural choice due to his incumbent status and electoral success. Chhattisgarh's leadership remains uncertain, with the party possibly opting for an OBC face.

In Telangana, the Congress, led by Revanth Reddy, emerges victorious, and he is seen as a safe choice for Chief Minister. The podcast concludes with discussions on the broader implications of these results for the national political scenario. While the BJP gains momentum, the Congress faces challenges in seat distribution and alliance-building within the opposition. The India Alliance's (a political alliance of 28 political parties) effectiveness may hinge on the Congress's ability to navigate internal politics and cooperate with regional parties against the BJP in the upcoming general elections in 2024. Listen in.

The return of Hardik Pandya to Mumbai Indians and Sam Altman to Open AI has put the spotlight on returning leaders. Was it an error of judgement to let them go in the first place? Kamal Karanth, co-founder of Xpheno, a specialist staffing firm discusses this with Raghavendra Vaidya, MD &CEO of Daimler Truck Innovation Centre India.

Anand Sri Ganesh, the CEO of IIMB's start-up incubator NSRCEL talks about its journey and the start-ups that have come out of it.

November 12 was a dreadful day. A tunnel collapse occurred in the Uttarkashi district of Uttarakhand, resulting in the entrapment of 41 workers. 

The rescue operation, lasting 17 days, involved various government departments, ministries, and private companies, showcasing a massive, coordinated effort. 

The initial attempt using an auger drilling machine faced challenges due to damaged equipment and debris. Rat miners, known for their risky digging practices, played a crucial role. Their expertise in navigating tight spaces proved essential in manually clearing debris and creating passages for the trapped labourers. Kala says, “Who could have thought that the banned practice of rat hole mining would come to the rescue of the labourers, especially after sophisticated equipment such as the Auger drilling machine failed to create a rescue assage?" 

Kala emphasises the dangers and illegality of rat mining, citing the National Green Tribunal's 2014 ban due to unscientific methods, environmental damage, and health risks. He suggests that, while rat mining might not be a solution, these miners could be trained for relief and rescue operations, offering alternative employment opportunities. 

The discussion touches on the need for established procedures in mining, the financial constraints faced by rat miners, and the importance of environmentally friendly techniques. Rishi concludes by expressing hope for better training and employment opportunities for rat miners in non-mining sectors, highlighting the challenges and complexities surrounding this issue. Listen in.   

Making an advertisement is an expensive process, but the cost is worth it if the company can be sure that the advertisement will make an impact. The question is how can the company be sure of it? Traditionally, companies will undertake research in the form of surveys to know how consumers react to the product. Now, these firms are exploring newer ways, including using neuroscience, to find out what the customer is thinking. This kind of marketing is called neuromarketing, and it measures physiological and neural signals to gain insight into customers’ motivations, preferences, and decisions, that can help brands make more informed decisions.

In this episode of the businessline podcast, V Nivedita speaks to Sunila G Benjamin, Director, NIQ BASES, to understand how this analysis works and how brands are looking to use new techniques to increase sales and make their advertisement more memorable to the consumer.

In this podcast, Benjamin explains how NIQ BASES employs neuroscience to gain insight into consumer behaviour. She also elaborates on their approach, leveraging EEG and eye tracking to gauge consumer responses to ads without posing questions. She describes how neuro testing allows for real-time analysis, by identifying segments where ad effectiveness drops and pinpointing specific elements that need adjustment by providing examples. Listen to this podcast to know how brads are using neuroscience to create attention-grabbing advertising campaigns.

In this podcast, businessline’s Haripriya Sureban is joined by Arjun Rao, General Partner, Speciale Incept Advisors LLP; Sangeeta Gupta, Senior Vice President and Chief Strategy Officer, Nasscom; and Geethanjali Radhakrishnan, Founder and Managing Director, Adiuvo Diagnostics, where they talk about the evolving landscape of deep tech start-ups in India. 

The conversation highlights the nascent stage of India's deep tech sector, which constitutes a small fraction of the overall technology start-up ecosystem. However, the momentum is building, with a focus on diverse areas such as health tech, agri-tech, space tech, and more. The guests emphasise the unique advantage India offers for solving micro and macro problems on a large scale, catering to a global market. 

The dialogue also touches upon the role of government initiatives, such as the National Deep Tech Startup Policy, which aims to support and nurture deep tech start-ups. They discuss the need for clear roadmaps, capacity building, and public-private partnerships to ensure the effective execution of the policy. 

The guests also discuss the sectors where deep tech start-ups in India are making an impact, including health tech, space tech, and AI. 

The podcast also explores the significance of AI in the deep tech landscape, noting its convergence with other technologies. Generative AI is highlighted as a transformative force, enabling the democratisation of AI and influencing various industries. 

The conversation extends to India's global presence in the deep tech arena. The importance of risk capital, IP building, and global credibility in establishing a strong presence on the global stage is also emphasised. 

The dialogue concludes with a discussion on the National Deep Tech Startup Policy's potential impact and the need for continued efforts to move from policy formulation to effective implementation, addressing challenges, and fostering the growth of the deep tech ecosystem in India. 

Come elections

every political party is talking about what they will give if elected. And if you have a close look at most of these manifestos, you can see several commonalities. Often, most parties make promises of moderating fuel prices – particularly cooking fuel (domestic LPG).

A similar trend has been seen in the ongoing assembly elections, where parties have promised gas cylinders at a subsidised rate, and some have also offered to give a certain number of cylinders free.

In this episode of the Energonomics podcast, Richa Mishra talks to Chandra Prakash, President, All India LPG Distributors Federation, and Ajay Bansal, President, All India Petroleum Dealers Association, about the challenges they face and their demands this election season. Listen in.

Jio Financial Services is soon to become a Core Investment Company (CIC) from a Non-Banking Financial Company (NBFC). The move comes in response to a directive from the Reserve Bank of India (RBI), which mandated the conversion from a NBFC structure to that of a holding company.

In this podcast hosted by Anjana PV, Senior Assistant Editor Hamsini Karthik, shares her insights into the concept of a Core Investment Company, emphasising its role as a holding entity with the primary function of holding various subsidiaries. This structure allows the CIC to efficiently deploy capital to its subsidiaries as needed. The shift for Jio Financial Services involves demerging its diverse verticals -- lending, asset management, insurance, among others -- into separate entities.

The decision to convert to a CIC stems from the dissonance between Jio Financial Services’ current balance sheet and the typical structure of an NBFC as it lacks the assets and business structure associated with NBFCs. Additionally, its various subsidiaries perform a variety of functions, from payroll, insurance, asset management, to lending, and this does not align with the categories defined for pure-play NBFCs.

Hamsini Kartik highlighted that the conversion to a CIC structure could bring more transparency to Jio Financial Services’ business model and help enable true value discovery. The company’s current valuation has faced challenges due to its unconventional structure, leading to a holding company discount. The move to this model is expected to address this issue, allowing for a more accurate reflection of the value of each subsidiary.

The podcast emphasised that while the long-term impact remains uncertain, this move represents a pivotal moment for investors to witness the genuine value of Jio Financial Services’ diverse ventures.

In this businessline podcast, V Nivedita talks to Anilkumar SG, founder and CEO, Samunnati Financial Intermediation & Services Private Limited, about the impact of climate change on farmers in India and the efforts made by companies to mitigate these challenges.
The podcast begins by addressing the effects of climate change on Indian farmers. Anilkumar talks about how climate change is not a distant future threat; it is happening now. Farmers are already experiencing untimely floods, erratic monsoons, and the emergence of new pests and diseases. He also highlights the specific impacts on sewing patterns, citing examples like unpredictable monsoons and temperature fluctuations affecting crops like mustard.
The conversation goes into detail about the awareness of Indian farmers and how the government is trying to tackle these challenges head on. The importance of providing a safety net for farmers transitioning to climate-smart agriculture, ensuring financial protection against potential losses during the adaptation phase is also discussed.
In the latter part of the podcast, Anilkumar addresses the broader impact of climate change on related ecosystems, focusing on carbon levels in the soil and air. He emphasizes the need to find a balance that addresses both carbon emissions and soil health.
The episode concludes by providing a comprehensice overview of the challenges posed by climate change to Indian farmers and sxplores potential solutions at both individual and policy levels.

In this episode of the Current Account podcast, Hamsini Karthik talks to Mahesh Balasubramanian, Managing Director, Kotak Mahindra Life Insurance to know about the recent trends in the life insurance industry.

In this podcast, businessline’s Prabhudatta Mishra talks to Dr. Gyanendra Singh, the director of the Indian Institute of Wheat and Barley Research, Karnal, about the intricacies of agriculture and its impact on India’s economy.

The podcast kicks off with Mishra’s inquiry about the Institute’s preparations to meet the demands of farmers, especially considering the early seed collection. Singh proudly shares that the Institute has already supplied a significant number of seeds, with an impressive 28,000 bookings from farmers within 20 hours.

The conversation also talks about the target set by the Government of India for wheat production, emphasising the importance of stable production to prevent price fluctuations.

He elaborates on the climate-resilient varieties developed by the Institute, which have significantly mitigated the impact of adverse weather conditions on wheat production in recent years. Singh, drawing from his wealth of experience, explains the complexities associated with altering cropping calendars, emphasising the need for careful consideration of climatic requirements and economic viability.

The discussion takes an interesting turn as Mishra explores the possibility of advancing wheat sowing in certain regions to enhance productivity. Singh provides insights into the challenges associated with altering the cropping calendar and emphasises the need to focus on increasing productivity per unit area and diversifying crops.

The podcast concludes with Singh highlighting the Institute’s celebration of the International Year of Millet 2023, advocating for increased cultivation of millets and barley to promote a healthier diet.

The episode provides a comprehensive overview of the current state of wheat production, the challenges faced by farmers, and the innovative solutions offered by the Indian Institute of Wheat and Barley Research.

The energy sector impacts our lives. The way it affects our lives can also be seen in the cinema. Several iconic films feature the kidnapping of technicians at oil fields, coal miners, and electricity bills. How have Indian films depicted the energy sector? And, has it changed over the years? A group of researchers from the University of Cambridge studied this in a bid to understand the evolution of household energy demand. In a published paper in 2020, ‘Films as source of everyday life and energy use: A case of Indian cinema”, they used 19 Indian feature films to document household energy and appliance use. In this special episode of the EnergOnomics podcast, Richa Mishra takes a look at how films have shown the shift in this sector.

Infosys co-founder Narayana Murthy’s recent comment about long working hours triggered a debate amongst internet users. In this podcast, V Nivedita from businessline is joined by Ashwini Deshpande, Head of the Department of Economics and Professor of Economics at Ashoka University, to discuss Indian work culture and productivity.

Recent data from the International Labour Organisation has revealed that employed Indians work an average of approximately 47.7 hours per week, one of the highest figures worldwide. Despite these extended work hours, India’s productivity rates remain comparatively low.

Deshpande explains how productivity can be measured for various inputs, such as labour and capital, and how it is vital for an economy. High labour productivity means that workers’ efforts contribute to increased output, potentially leading to higher GDP and economic growth.

However, the professor highlights that the productivity situation in India is not uniform across all sectors. India’s labour force predominantly engages in the informal sector, which varies in terms of conditions, technology, and capital. Consequently, making sweeping judgments about India’s labour productivity across all sectors is inaccurate.

She also explains how increasing work hours may enhance output but emphasizes the importance of considering broader consequences.

The podcast also addresses the predicament that many recent graduates face when they enter the workforce unprepared. Employers often discover that these young professionals lack the technical skills necessary for their roles, further impacting productivity.

In conclusion, the discussion acknowledges the existing job availability crisis in India. It iterates that the challenge is not solely about working hard but represents a more extensive issue encompassing productivity, employment opportunities, and social infrastructure.

In this episode of the Current Account podcast, Hamsini Karthik talks to Rajashree Nambiar, co-founder, MD & CEO, Ecofy, an NBFC in the green lending space.  

Ecofy's core mission revolves around providing financing for environmentally friendly assets, including 2 and 3-wheelers, solar rooftops, and energy-saving equipment. 

Nambiar shares that the green lending segment presents numerous opportunities, driven by the market's substantial size and increasing demand.  

She also highlights Ecofy's commitment to ensuring asset security by embedding IoT devices in the financed assets, allowing real-time monitoring and enhanced portfolio control. The podcast looks at what sets Ecofy apart from traditional lenders.   

Hamsini Karthik and Rajashree Nambiar also discuss Ecofy's risk management and asset quality. Despite being in business for only a short period, Ecofy has seen promising results in terms of loan quality, thanks to their digital, data-driven underwriting process and IoT-enabled assets that provide real-time information for better monitoring. 

The episode also touches on Ecofy's capital structure and its alignment with ESG (Environmental, Social, and Governance) funding philosophies, which provide them with a potential cost of fund advantage.  

Listen in! 

Narayana Murthy, a pioneer in the IT industry, recently said that youngsters in India should work 70 hours a week. This statement has led to many debates and discussions. In this podcast, Anjana PV talks to Dr Milu Maria Anto, Clinical psychologist, Assistant professor and Head of the Department of Psychology, Prajyoti Niketan College, Pudukad, about the consequences of working for 70 hours on an employee’s mental health.

Dr Milu begins by highlighting that the discussion of working 12 to 14 hours per day is a complex issue and cannot be evaluated based on the number of hours worked. She emphasises the importance of considering various factors such as physical health, mental health, cognitive abilities, socioeconomic status, workplace environment, and gender when discussing work hours. She mentions that European Commission guidelines suggest a 48-hour work-week, but each country has its own regulations.

The conversation delves into the impact of long working hours on mental and physical well-being. She points out that working such long hours can lead to anxiety, depression, reduced personal time, and decreased socialisation. Dr Milu also discusses how work stress and burnout can contribute to physical health issues and even suicide. Long hours can affect cognitive functions, attention, concentration, memory, and emotional well-being.

When asked about the ideal timing for work to achieve a proper work-life balance, she suggests that 5 to 6 hours per day would be ideal for employee well-being, considering an average of 40 hours per week. Dr Milu also mentions the importance of flexible work hours and schedules to accommodate individual preferences.

The discussion extends to who bears responsibility for achieving a better work-life balance. Dr Milu believes that both employers and employees share this responsibility. A balance should be struck through effective communication, flexible work environments, and mutual respect for personal space and self-worth. There is no one-size-fits-all solution, as different industries, geographical locations, and cultural contexts in India require varied approaches.

Regarding productivity, Dr Milu emphasises that quality of work and efficiency are more important than the quantity of hours worked. Each person has a unique way of performing, and recognising this individuality can enhance productivity. She advises that the focus should be on the quality of time spent working.

The podcast concludes by addressing how employers can foster better mental health for their employees. Dr Milu suggests that employers should create a supportive environment, led by example, communicate effectively, and reward performance. They should also recognise and utilise the strengths of each employee. Employees, on the other hand, should take care of themselves, respect their personal space, and maintain their self-esteem.

Narayana Murthy, a pioneer in the IT industry, recently said that youngsters in India should work 70 hours a week. This statement has led to many debates and discussions. In this podcast, Anjana PV talks to Dr Deepak Krishnamurthy, Senior Interventional Cardiologist, Sakra World Hospital, Bengaluru, about the consequences of working for 70 hours on an individual’s physical health.

Krishnamurthy suggests that, breaking down a 70-hour work week, it translates to 14 hours a day for a five-day workweek or 12 hours a day for a six-day workweek. While it might be possible for someone to sustain this level of work intensity for a day or two, expecting it to be a regular practice is not just unrealistic but also harmful. The effects on an individual’s physical and mental health can be profound.

He explained that studies conducted worldwide have shown that consistently working more than 55 hours per week increases the risk of developing cardiovascular diseases, such as heart attacks, cardiac arrests, strokes, high blood pressure, and diabetes. These health consequences are not immediate but accumulate over time, leading to severe conditions in the long run.

Many countries, including European nations and the United States, have recognised the detrimental impact of excessive working hours on health and have implemented limits on work hours, typically ranging from 30 to 45 hours per week, with a maximum cap at 55 hours. These regulations are in place to protect the well-being of employees and ensure a reasonable work-life balance.

The misconception that young individuals should be able to endure such long work weeks is also misplaced. While some may be able to cope with it for a few years in their twenties, the health effects become increasingly apparent as they enter their thirties and forties. Cardiovascular diseases, high blood pressure, diabetes, disturbed sleep, anxiety, depression, and stress-related disorders are just a few of the consequences that can manifest as a result of prolonged and excessive working hours.

Furthermore, the notion that people over the age of 40 should take it easy while those below 40 can handle the workload is flawed. The risk of health issues, especially cardiovascular diseases, sets in before the age of 40 due to cumulative damage that occurs over the years. Once these changes occur in the circulatory system, they are challenging to reverse, making it vital to promote healthier work practices from an early stage in one’s career.

Krishnamurthy also suggested that the rise in heart-related issues is not solely due to a 70-hour work week but is a multifaceted problem. It’s a reflection of our changing lifestyles, including the stress levels we experience, the long working hours, a lack of physical activity, unhealthy dietary choices, and the increased prevalence of risk factors such as smoking. These factors have become more pronounced in recent years, contributing to the surge in heart attacks among younger individuals.

COVID-19 has also played a role in increasing the risk of heart-related issues. People who have recovered from moderate or severe cases of COVID-19 may have a higher risk of developing cardiac arrest and heart attacks. However, it’s essential to note that while COVID-19 may be a contributing factor, lifestyle and other risk factors play a more significant role in the increased incidence of heart attacks.

While hard work and dedication are important, they should not come at the cost of an individual’s physical and mental health. It is crucial to implement stricter labour laws and regulations that limit working hours to ensure that employees are healthy, productive, and capable of sustaining their careers without compromising their well-being. Achieving this balance is essential for the overall well-being of the workforce and the long-term success of any nation.

In this episode of blpodcasts, we look at the exciting world of deep tech innovation in India.

Host V Nivedita explores how India’s startup ecosystem is evolving beyond replicating Western models and venturing into deep tech solutions based on scientific discoveries and engineering innovations.

Sanjeev Malhotra, the CEO of the NASSCOM Centre of Excellence for IoT and AI, an initiative supported by the Indian government and various state governments, talks about the various functions of the centre and more.

Listen in to learn how this centre is building an ecosystem to nurture startups that focus on deep tech solutions, from agricultural sciences to quantum computing.

Nippon Paint, the fourth-largest paint company in the world, is looking to expand its footprint and grow in new territories. The company, which has a strong presence in Southeast Aisa and India, is eyeing growth organically and via acquisitions in West Asia and Africa.  

Sharad Malhotra, President, Nippon Paint (India) & Senior VP, NIPSEA Group, and Alpansh Sharma, General Manager, Nippon Paint Middle East FZE, elaborate on their plans and targets in this exclusive interview. Edited excerpts: 

In this podcast, businessline’s Thomas K Thomas is joined by Matt Hicks, President & CEO, Red Hat, where they talk about global tech spend, headwinds and opportunities, and India’s potential for the Linux company. 

Hicks acknowledges the challenges Red Hat faces, including economic uncertainty and industry downturns, but remains optimistic about the company’s mission and the positive impact of open source. 

Hicks emphasises three key focus areas for Red Hat moving forward. First is the focus on open hybrid clouds, enabling developers and operators to deploy solutions in various environments, including data centres, public clouds, and at the edge. This aligns with the growing importance of edge computing and AI. 

The second area is the continued emphasis on containerization, which offers the mobility and flexibility needed to train AI models and deploy them across different environments. 

Finally, Hicks talks about the importance of refining the core technology while still investing in new areas like AI. This approach ensures sustainable growth and fosters discipline in choosing where to invest in emerging technologies. 

When discussing AI, Hicks shares that Red Hat focuses on the infrastructure, plumbing, training, and deployment of AI models, helping organisations refine their models using their own data without moving massive datasets. They also optimise AI inference, leveraging the power of their open-shift platform. 

Regarding data privacy regulations, Hicks believes that while they introduce challenges, they don't necessarily fragment the technology landscape if there is a common technology base. Open-source technology, which transcends borders, can still thrive while complying with data privacy regulations at the local level. 

In terms of India's market and talent pool, Hicks expresses enthusiasm for India's dynamic market and strong technical talent. He sees India as a significant engineering hub for Red Hat and anticipates continued growth in the region. Listen in.   

Every day, from Monday to Friday, millions of Indians engage in a gritty battle. While most days it may be uneventful or of limited consequences at a broader level, there are always pockets of action in the war zone where something significant is happening that makes some participants wealthy and a few others poorer. And then, of course, there are those odd days when there is the painful ‘blood in street’ or triumphant ‘to the moon’ kind of moves across the board. The battle that begins at 9.15 a.m. rages on till 3.30 p.m., only to begin again the next day! But what exactly is the battle over?

It’s all about identifying the fair value of a stock, which is probably the most enigmatic of all battles. Listen in to this interesting podcast to find out more about the art of valuing stocks.

In this businessline podcast, Anjana PV talks to Sumit Kumar, Chief Business Officer, TeamLease Degree Apprenticeship, on the downtrend experienced in the campus placement scenario in our country. The podcast explores the evolving landscape of employment and placement opportunities in India, with a particular focus on the role of educational institutions and the need for adaptability in the face of industry changes.

The conversation begins by highlighting a notable development: the prestigious Indian Institute of Management, Calcutta (IIM Calcutta), is actively seeking support from its alumni network to aid in providing placement and internship opportunities for its students. Sumit stated that though this might reflect as a desperate move, it is a positive approach in addressing the challenges of the current job market.

The discussion points out that fresh hiring, particularly in the Information Technology (IT) sector, has witnessed a significant slowdown. Various IT companies and startups have temporarily halted their hiring plans due to prevailing uncertainties. The situation is concerning, especially for recent graduates seeking their first employment opportunities.

It also acknowledges the grim situation in the IT sector and sheds light on the brighter side. Sectors such as telecom, retail, logistics, and healthcare continue to hire actively. This indicates that the impact of the job market’s conditions is sector-specific, with some areas remaining relatively resilient.

The employment landscape is not uniform across all fields of study. Engineering and computer science-related disciplines appear to be more affected by the current job market conditions. However, other sectors, including telecom, manufacturing, and retail, are still actively seeking talent.

The podcast also details upon the issue of how the job market’s fluctuations are impacting salary packages. The impact on salaries depends on the specific skill sets and field of study. Specialised skills in areas such as green technologies and Environmental, Social, and Governance (ESG) continue to command premium salaries. This highlights the importance of choosing educational paths that align with the evolving demands of the job market.

Sumit stresses the critical importance of both upskilling and embracing new technologies. Organisations need to incorporate artificial intelligence (AI), and individuals should proactively upgrade their skills to remain competitive and relevant. The consensus is that a lack of technological adaptability can hinder employment prospects.

The discussion delves into the connection between the quality of education and employability. It’s pointed out that learning gaps in the educational system have a direct impact on the employability of students. Reports, such as the Acer report in 2019, have highlighted these learning gaps, emphasising the need for improvement.

Sumit suggests a tripartite collaboration involving students, academia, and industry as a means to bridge the skill deficit in the country. This collaboration aims to create a sustainable talent supply chain. The podcast highlights the importance of industry-academia partnerships, which are evolving from simple guest lectures and industrial visits to more integrated programs that align with job market needs.

The podcast concludes on an optimistic note, underscoring the significance of maintaining a positive attitude towards learning and skill development, even when confronted with job market challenges. The experts emphasise the value of being open to opportunities like apprenticeships, which can be instrumental in building a diverse skill set.

In this podcast, Meenakshi Verma Ambwani takes a look at the world of consumer durables and electronics during the festival season. Join us as we explore how brands across various categories are capitalizing on this festive period to boost consumer discretionary spending and drive higher revenues. Discover the strategies and insights that are shaping the industry’s outlook as she speaks with NS Satish, President, Haier Appliances India, who shares valuable perspectives on their festival strategy and the industry’s mood.

Get to learn how the white goods industry is gearing up for a pivotal festival season. Find out how Haier Appliances India is embracing the ongoing World Cup as a key broadcast sponsor, and seizing the opportunities presented by Navratri and Diwali.

Understand the world of consumer durables and electronics as Meenakshi Verma Ambwani explores the dynamics of the festival season and its far-reaching effects on the industry. Don’t miss out on this in-depth conversation with a key industry leader as we navigate the intricacies of this exciting season. Tune in now!

Farming can prove to be a strenuous endeavour, influenced by various factors such as the size and scope of the farm, farming methods, seasonal variations, climate, and location. Recognizing its significance and considering political and policy considerations, agricultural income is typically exempt from taxation in India.

Seizing this potential, a number of online platforms, using a fractional investment model, are offering access to agricultural income and farm project investment opportunities to individual investors.

These platforms, including FAAB, Growpital, Krishifunds, and others, present investors with the chance to diversify their portfolios through investments ranging from ₹5,000 to ₹15 lakh. These investments come with promised returns of 10-15 per cent over periods ranging from 12 to 36 months.

Agricultural investments have had a mixed history in India, as those who invested in the 1990s can attest. An illustrative example is Anubhav Plantations, which sold shares in teak plantations with guaranteed returns but abruptly shut down a few years later, leaving its numerous investors in a precarious and unpaid situation.

This raises the question of whether the latest agricultural income opportunities are secure, subject to regulation, and dependable. How do they function?  Listen to this interesting podcast to find out more.

In this podcast, businessline’s Isha Rautela is joined by Ankur Bansal, Co-Founder and Director at BlackSoil Capital, who discusses the company’s investment journey and the state of the start-up ecosystem, particularly in terms of venture debt.

Bansal acknowledges that the start-up ecosystem faced challenges securing funding, but more recently, it has shown signs of improvement. Venture debt typically aligns with new rounds of capital, so the slowdown in equity investments also affects venture debt. However, he notes that the market has adapted by working with companies that have raised larger rounds or have sufficient liquidity from previous funding.

Bansal emphasises the importance of underwriting and finding businesses that truly need venture debt to address specific use cases, such as reaching breakeven or improving unit economics. He mentions that companies in India are increasingly focusing on becoming cash flow positive, which has led to improvements in stock prices and is seen as a positive trend.

When discussing Black Soil Capital's core investment strategy, Bansal highlights the importance of profitability and mentions that a significant portion of its portfolio comprises EBITDA-positive companies.

Regarding sectors to avoid, Bansal mentions businesses with poor gross profit margins, as well as those in sectors with headwinds or unpredictability. For instance, he highlights their avoidance of sectors like fintech due to various factors, including market conditions and regulatory changes. He also mentions their current focus on the EV and climate tech spaces.

Bansal also mentions the international market's growing interest in start-up investments, especially in regions like MENA and Southeast Asia.   

When asked about Black Soil Capital's future plans, Bansal hints at upcoming announcements related to new funds but doesn't provide specific details. He stresses the continuous fundraising and deployment of capital as a fundamental part of their business model and indicates a willingness to collaborate with banks and financial institutions to provide insight into the start-up ecosystem. Listen in.  

In this insightful podcast episode of the Current Account podcast, businessline’s Hamsini Karthik talks to Akshay Mehrotra, Co-Founder & CEO, Fibe, shares insights behind their “numberless” credit card, which is brought out recently in collaboration with Axis Bank. The card offers security and ensures user privacy and safety. He emphasises that this card is designed to simplify payments, blurring the lines between credit and debit card transactions. The card also empowers users with control over transaction types and limits through a mobile app. He also highlights the evolving landscape of credit payments through UPI and how numberless cards enhance security in this context.

The conversation delves into the transition from EarlySalary to Fibe and how this shift aligns with catering to a younger, digitally-savvy consumer base. He also addresses the underwriting process for younger borrowers, highlighting that creditworthiness is determined from the point they become salary-creditable. This means that even young professionals at the outset of their careers can access credit for specific needs.

Looking ahead, Mehrotra envisions Fibe as a comprehensive platform for consumer financial management. The episode wraps up with a discussion on how the company is strategically partnering with various financial aggregators, banks, and super apps to ensure wide accessibility and meet the surging demand for their services.