Household savings fall to a 50-year-low at a time when borrowing and spending are touching new records. The new mantra of lenders is to bank on Gen-Zers taking the lead on loans and spending. But with the demand, comes debt and default. Unsecured lending is booming at a record pace, with the market expected to top Rs 4.5 lakh crore by this financial year. Meanwhile, credit card default tops Rs 4000 crore and retail debt stress rises. Host Anupriya Nair explores if India s demographic dividend is turning into a demographic debt disaster with Ritesh Srivastava, Founder of retail debt resolution platform FREED and A M Karthik, VP & Head of Finance Sector Rating, ICRA in this episode of the Morning Brief podcast.
India could soon see its largest-ever pharma deal as the 10th biggest pharma company by revenues Torrent is trying to buy the fourth largest one Cipla. But, is the bullet too big to bite for Torrent? Is the funding feasible? Will the compatibility not of portfolio but of philosophy, and people, be a challenge? Will Torrent’s M&A ambition extend beyond pharma and power to possibly once again finance? Host Anupriya Nair solves this complex bond along with Economic Times’ Arijit Barman, Kiran Somvanshi & Sangita Mehta in this episode of The Morning Brief podcast. Tune in! Credits: ET Now, trendlyne
There is a buzz again that Cipla is toying with the idea of selling out to private-equity firms Baring Asia and Blackstone, at least partially, if not seeking a full exit. In this episode of The Morning Brief, Vikas Dandekar, Editor - Pharma and Life Sciences at ET Prime, walks down memory lane with host Anupriya Nair. Also discussed in this episode is, why the speculated Cipla sale is not a mere M&A deal and what could be on the mind of founder Yusuf Hamied. But emotions aside, do the valuations add up to excite investors? ET s Arijit Barman gives us the buzz from the deal makers. Listen in!
A new share from Reliance sets foot on Dalal Street making a special debut, Jio Financial Services comes out of the shadows of the parent company RIL after a much-awaited demerger. But street signs aside, what is Jio Financial Services? What is the business plan? Will the Ambanis gun for booming consumer lending or disrupt the B2B space? Can the financial sector replicate the telecom playbook or is the pricing game no good here? Host Anupriya Nair talks to The Economic Times Arijit Barman and Pratik Bhakta to get insights on the lending ambitions of India s most valued conglomerate.
Too Big Too Fast - From funding FOMO to aggressive acquisitions to now vanishing valuations and a debt trap. The story of Byju s, which is far from over, has lessons for founders and funders. Where they just plain lucky to be at the right place at the right time? Is it a case of flawed processes and not fraudulent practices? Will debt be the death knell for educators P&L? In this episode, hear out Salman SH, ET Prime, as he details what is going on with Byju s and why directors and auditors are fleeing. Host Anupriya Nair also speaks to Sriram Somayajula, Co-Founder & CEO of IndigoLearn who explains Why Startups (especially BYJUs) Do Not Deserve Debt.