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Forbes India in association with TheIndicast.com bring you conversations with the people behind the Forbes India Magazine. Listen to what went in developing the cover story and special reports in the latest issue of the Forbes India Magazine along with expert insights on the top news from one of the most vibrant world economies
 
The Startup Fridays Podcast is a weekly podcast series where Forbes India's Technology Editor Harichandan Arakali brings you conversations with startup entrepreneurs who are finding opportunities in solving problems in multiple areas. From agriculture and satellite imagery to digital finance and cryptocurrencies, venture capital investors, and more, meet the change agents on this podcast, out every Friday
 
From the Bookshelves of Forbes India is a weekly podcast for book-lovers and keen (or novice) followers of world business and economy. Hosted by Forbes India's Pooja Sarkar, the series features insightful interviews with authors that take off from hand-picked books that are fascinating and fresh, and hold relevance to current events
 
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Cyberbullying among children in India is the highest and in multiple categories, double the rates reported by other countries, cybersecurity company McAfee said in a press release yesterday, as part of a global report, titled 'Cyberbullying in Plain Sight'. And racially motivated bullying online is on the rise worldwide, with India and the US toppi…
 
Our guest today is Aditya Prakash, co-founder and CEO of Skidos Labs, an award-winning maker of a children’s educational apps company headquartered in Denmark. Aditya co-founded Skidos in 2013, which today offers a software development kit that can infuse math education for children into any game. Before Skidos, after an MBA from the Indian School …
 
Cover story author Rajiv Singh dissects Kohli and the rapid success of One8, a Rs 100 crore plus brand built in quick time. Can Kohli replicate his cricket success in business. Podcast produced in association with theindicast.com
 
The latest issue of Forbes India is dedicated to families who have survived and thrived in the brutal world of business. These families come from diverse backgrounds, and operate in different segments but adapting, transforming, and keeping up with times are the common traits they all share. Rajiv Singh takes us through what went into making the is…
 
India’s Competition (Amendment) Bill 2022 was introduced in the parliament on Aug 5 to give the competition regulator more power, including recruiting experts to help scrutinise tech mergers and acquisitions more closely. Intel achieved ‘net positive’ water status in India, meaning it returned more fresh water through recycling and conservation eff…
 
Y Combinator has cut the number of startups within its accelerator for the Summer 2022 batch by 40 percent, citing the global economic slowdown, TechCrunch reports. The cohort, currently on, has nearly 250 companies, while there were 414 companies in the previous batch, according to TechCrunch. AWS has launched new subscriptions to its cloud tech l…
 
Google is launching a new initiative called “Simplicity Sprint” to improve efficiency and focus as the global economic slowdown grinds on, after reporting back-to-back quarters of weaker-than-expected earnings. Linus Torvalds, the Finnish software developer who created Linux, yesterday, used an Apple MacBook running on an M1 chip to release the lat…
 
Apple reported fiscal third-quarter earnings on Thursday that beat Wall Street expectations for sales and profit, but a slowdown in growth was clear. In India, the company doubled its revenue and said enterprises like Wipro were buying Apple products to attract and retain talent. And Paytm is on track to break even by September 2023, founder and CE…
 
CE Info Systems, better known as MapmyIndia, an advanced digital maps and location tech provider, yesterday announced the wider availability of its Mappls RealView, a made-in-India 360-degree panoramic street view and 3D metaverse maps service. This coincides with Google’s relaunch of Street View in India. Swiggy’s delivery agents are protesting pa…
 
The auction for the 5G spectrum got underway yesterday in India and the government received bids worth $18 billion on the first day from conglomerates including the Reliance Group and Adani Group, TechCrunch reports. PhonePe, one of the largest fintech businesses in India, is seeking a massive valuation ahead of its separation from parent Flipkart,…
 
Zomato’s shares fell as much as 14 percent yesterday, after a post-IPO lock-in period ended for the loss-making food delivery service and tech platform company. Walmart issued an earnings warning, lowering its projections for the current quarter and the full year, signalling the deepening slowdown. Atlassian names Rajeev Rajan CTO. And the Kardashi…
 
Infosys reported its highest fiscal first-quarter revenue growth in more than 10 years, and its lowest Q1 operating margins of this century, so far, as the company joins rivals in prioritising growth amid another global economic slowdown. Revenue for the three months ended June 30 was $4.44 billion, a 21.4 percent increase over the year-earlier per…
 
Our guest today is Rajesh Jain, founder and group MD of Netcore Cloud. In the world of entrepreneurship, he is best known for selling one of his earliest ventures, IndiaWorld Communications, to Sify—then Satyam Infoway—for $115 million, in 1999, one of the biggest internet deals of the time in Asia. Jain founded Netcore in 1997, and has bootstrappe…
 
This is the world of social media stars and we are just living in it. They have gathered millions of followers by producing genuine content, telling engaging stories, and starting conversations about important and pressing issues as well. But these 'careers' are fickle. It takes creativity, consistency, and hard work to become a brand that marketer…
 
Wipro says its order pipeline is at an “all-time high” and expects to grow as much as 5 percent sequentially in the current quarter. Mojang Studios, the makers of the hugely popular online game and platform Minecraft, has banned any NFT implementation within the game, they said in a scathing post yesterday, criticising the culture of exclusion that…
 
Ather Energy, an electric scooter maker in Bengaluru, has released the next iteration of its popular 450X high-performance scooter. The Ather 450X-Gen3 has a bigger battery and more RAM. It will set you back by about Rs. 1,50,000. Shiprocket is expanding via Rs 200 crore stock-and-cash acquisition. And IIT Kanpur engineers have innovated a memory-m…
 
Our guest today is Vinay B Nair, Founder and CEO of TIFIN, which is a fintech venture in the US that provides technology and expertise to business clients to apply AI to personalise their financial products and services to their end customers or consumers. Vinay has a chemical engineering degree, and a doctorate in finance and economics. He founded…
 
Pratt & Whitney, an aerospace company that is part of the multinational defence conglomerate Raytheon Technologies, announced the establishment of a state-of-the-art India Engineering Center (IEC) in Bengaluru, which is planned to open in January 2023. Bharti Airtel tested a private 5G network at German automotive company Bosch’s centre in Bengalur…
 
India is working on a ‘Right to Repair’ framework aimed at serving the dual purpose of making it hassle-free for consumers to get their products repaired at a reasonable cost, and boosting the country’s circular economy, the central government said in a statement last week. IAMAI, one of the country’s biggest tech lobbies, is walking away from cryp…
 
Infosys announced a definitive agreement to acquire BASE life science, a technology and consulting firm in the life sciences industry, in Europe, adding 200 multidisciplinary consultants. Agnikul Cosmos opened its first rocket factory in Chennai with the capacity to make two fully 3D-printed engines every week. And Truecaller gets into the audio so…
 
Google’s parent Alphabet will slow the pace of hiring and investments through 2023, responding to the global economic slowdown, CEO Sundar Pichai said in an email to employees on Tuesday, CNBC reports. HCL Technologies reported its services business grew strongly in its fiscal first quarter, joining TCS in signalling customers continue to invest in…
 
MFine, a mobile health app and digital healthcare platform provider facing a money crunch in the slowdown, is merging with the diagnostics business of LifeCell International, a stem cell bank and reproductive genetic testing services company, to form a new entity called LifeWell. Vegrow, a fruits marketplace, has raised more money. And Apple slippe…
 
Rajesh Gopinathan, CEO and MD of Tata Consultancy Services, said on Friday the company continues to see strong deal prospects ahead, amid a global economic slowdown, as customers continue to invest in technology. Elon Musk wants to walk away from his proposed $44 billion Twitter deal. And Bengaluru biotech startup String Bio has raised more money, …
 
Our guest today is Sunil Thomas, co-founder and executive chairman of CleverTap, which provides a software platform that a large number of brands around the world use to better engage with their customers. Sunil started with a computer science degree, and in a career that spans more than 30 years now, he has held several top jobs in tech and busine…
 
India’s information technology services sector will sustain double-digit revenue growth this fiscal, at 12-13 percent, driven by digitalisation, strong demand for new-age technologies, and depreciation in the rupee, rating agency Crisil said in a note yesterday. Rajeev Misra, head of SoftBank Group’s giant venture-investing arm, will step back from…
 
Apple has introduced a ‘lockdown mode’ to help those small number of users who may be under threat of the most sophisticated mercenary cyberattacks, the company said in a press release yesterday. Amazon faces a new probe by UK regulators, even as it announces its Prime Day sales this month. And Axilor is raising $100 million for its second fund aft…
 
Twitter on Tuesday asked an Indian court to overturn some government orders to remove content from the social media platform it offers, in a legal challenge that alleges abuse of power by officials, Reuters reports. The EU approved two landmark sets of rules that regulate big tech companies. And Indian entrepreneurs Darshan Bathija and Sanju Kurian…
 
You may not have heard of Dixon Technologies but it manufactures electronics including consumer electronics, home appliances, and more, for some of the largest companies in India and around the world, including Xiaomi, Panasonic, Motorola, Philips, and so on. Cover story author Naini Thaker gives you a glimpse into Vachani's and Dixon's journey, an…
 
Tata Consultancy Services, told the stock exchanges yesterday that a US court, which was hearing the latest appeal in a case in which EPIC Systems, a US company, has accused India’s biggest IT services company of stealing intellectual property, has passed an order reducing the jury award of punitive damages to $140 million. TCS is legally advised t…
 
Google will delete location data of users who have visited personally sensitive places, including abortion clinics, the internet search giant said in a blogpost on Friday, a week after the US Supreme Court struck down a landmark 1973 judgement — now widely known as Roe V. Wade — that had ensured a woman’s right to an abortion in America. The revers…
 
Zendesk has agreed to be acquired by a group of buyout firms for $10.2 billion, bringing back a deal that will be one of the biggest private-equity takeovers of the year, Wall Street Journal reports. IT services employees are in no hurry to get back to the office, according to a survey by CIEL HR, Economic Times reports. And Intel has expanded its …
 
Apple’s iPhones and Android smartphones were hacked by an Italian company's spyware in Italy and Kazakhstan, Google said in a report on Thursday, according to Reuters. Flipkart has committed to decarbonising its operations by 2030 and that of its entire supply chain by 2040, the Walmart company said in a press release. And Fundamental VC, an early-…
 
Accel, one of the top global venture capital firms, best known in India for backing Flipkart and Freshworks, has raised a $4 billion fund to invest in what it calls later-stage ventures. Britain has declared a ‘national incident’ after a rare discovery of a ‘vaccine-derived’ polio virus in sewage samples in London. And the cost of raw materials nee…
 
US President Joe Biden yesterday announced his intent to nominate Indian American engineer, Dr Arati Prabhakar, to serve as Director of the Office of Science and Technology Policy (OSTP), and once confirmed to this position, also as Assistant to the President for Science and Technology. Google ended a two-year fight against France, agreeing to a fi…
 
Tata Consultancy Services, which recently extended its contract to operate India’s passport services, expects to roll out chip-based e-passports by the end of the year, Economic Times reports. Volvo Trucks is testing hydrogen fuel cells that could offer ranges up to 1000 km, CNBC reports. And scientists have shown that machine learning can help det…
 
Apple is facing another claim of nearly a billion dollars, that it knowingly throttled the performance of older iPhones, this time in Britain. Telegram, a messaging app rival to WhatsApp, said it now had 700 million monthly active users and launched a premium subscription plan. And Khumbu glacier, on which Mt. Everest’s base camp is located, is mel…
 
Our guest today is Sandeep Farias, founder and managing partner at Elevar Equity, an early-stage VC firm that backs entrepreneurs who are solving large problems for the low and middle-income communities in India and Latin America. In this episode, Sandeep talks about the ‘Elevar Method’ for identifying ideas that could become enduring businesses wi…
 
Tata Consultancy Services rose 12 positions from last year to rank number 46 on Kantar BrandZ’s annual list of global brands. Rival Infosys debuted on the list, joining the top 100, ranking at number 64 on the widely followed ranking of the world’s biggest brands every year. Accenture improved its ranking by one spot to place at number 26. Microsof…
 
SatoriXR, a tech startup in Chennai that offers 3D and augmented reality technologies for engineering design and manufacturing, has won Grameen Foundation India’s first Tech4Inclusion challenge. And entrepreneur Ronnie Screwvala’s UpGrad has doubled its private valuation in new funding round, ET reports. Notes: SatoriXR, a tech startup in Chennai t…
 
Coinbase is laying off almost a fifth of its workforce amid a collapse in its stock and crypto prices, CNBC reports. The cryptocurrency exchange will cut 18 percent of full-time jobs, according to an email sent to employees on Tuesday. Coinbase has roughly 5,000 full-time workers, translating to a head count reduction of around 1,100 people, accord…
 
Infosys is setting up four more delivery centres in India’s tier-2 cities to allow staff to work closer to their hometowns, and tap a wider talent base, Economic Times reports, citing Krishnamurthy Shankar, the IT services company’s head of human resources. Sequoia raises its largest India fund yet. And Spotify adds a voice AI team and tech via an …
 
Google has agreed to pay $118 million to settle a class-action gender discrimination lawsuit with around 15,500 women, according to a statement from the law firms representing the women. Meanwhile, The UK’s competition regulator wants to investigate how Apple and Google use their mobile phone dominance to kill competition. And an ed-tech company’s …
 
Our guest today is Madan Padaki, founder and CEO of 1Bridge, which provides a host of services in small towns and villages, linking brands and businesses with India’s rural economy, and creating micro-entrepreneurs from among the rural youth. In this episode, Madan, who is an entrepreneur and angel investor, talks about how rural youth have the sam…
 
Reserve Bank of India, the country’s central bank has proposed allowing integration between India’s Unified Payments Interface and credit cards, TechCrunch reports. “UPI facilitates transactions by linking savings or current accounts through users’ debit cards. It is now proposed to allow linking of credit cards on the UPI platform,” Shaktikanta Da…
 
European Union countries and EU lawmakers on Tuesday have reached a ‘provisional agreement’ on a single mobile charging standard for devices in 15 different categories including mobile phones, laptops, tablets and cameras, TechCrunch reports. This will make the USB-C charger the EU standard, and equipment makers will have to comply by 2024. And Inf…
 
India’s central government is planning to create an appeals body where people can complain against social media posts, instead of having to go to the courts, according to a press release on Monday by the country’s ministry of electronics and information technology. The appeals body will be called the ‘Grievance Appellate Committee’. Users will have…
 
If you are into fantasy sports or if you simply follow the action of the Indian Premier League, you are no stranger to the name Dream11. Co-founders Harsh Jain and Bhavit Sheth launched the gaming company in 2008. Come 2022, parent company Dream Sports has become a fantasy sports juggernaut. In this podcast, Naini Thaker talks about what makes the …
 
Satya started life in a village, some 80km north of Jaipur city, in Rajasthan. He earned a chartered accountant’s qualification and attended an advanced management programme at Harvard Business School. In a career that spans more than 30 years, he rose to become a top executive in private banking, first at ICICI Bank, in Singapore, and then at Barc…
 
India’s digital payments industry will triple to touch $10 trillion in total transaction value by 2026, according to a report by PhonePe, Walmart’s Indian fintech unit, and BCG. Coinbase is extending its hiring freeze indefinitely. NASA is outsourcing its Lunar spacesuit development to two companies including Axiom Space, which is backed by investo…
 
Sheryl Sandberg said in a post yesterday that she is stepping down from her role as Chief Operating Officer at Meta, formerly known as Facebook, after 14 years at the company. Javier Olivan, the company’s chief growth officer, will take over as COO. Sandberg will remain on Meta’s board of directors. And some startups continue to find funding amid t…
 
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