Daybreak

With its phenomenal success, UPI has changed the way Indians interact with money.

Now, the NPCI along with other fintech platforms are making efforts to launch UPI for international use.

But the government needs to ensure UPI remains secure and reliable as it expands beyond the country's borders.

Note: In the previous version of this episode, the host mistakenly referred to NPCI as NCPI. The error is regretted and has been corrected.

A few days ago, Zomato announced that it was withdrawing its services from 225 cities in India on account of "not so encouraging" performance.

Last week, the food tech giant also reported its financial results for the last quarter of 2022. It saw its losses soar 5X to nearly 350 crore rupees.

The volume of orders also declined during this period. But in these numbers there also lies hidden a glimmer of hope for the company.

Tune in.

With increased competition within the country, the over-hundred years old Ayurvedic brand, Dabur, is looking to acquire and expand. It wants to change its story.

Just last year in October, it acquired a 51% stake in Badshah Masala, one of the country's leading spices companies.

But why does the world leader of Ayurveda brands need to reinvent itself?

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Whether it is to decide where to eat or what to buy, online reviews play important role. But fake reviews are turning out to be quite a menace.

To bring them under control, the Indian government released a set of guidelines for e-commerce platforms.

But they forgot to mention an important point.

Tune in to find out.

Lately, Indians have been spending increased amounts of money on travelling to foreign countries. In the month of November last year, Indian travellers spent 1 billion dollars abroad. 

The government and even regulator RBI took notice of the new trend.

And now, in the Union Budget 2023, a new tax has been added to overseas spending through the Liberalised Remittance Scheme (LTS).

Britannia's market share has consistently been inching up over the last decade or so. And its shares have doubled in value in the past five years. 

Apart from biscuits, the company also wants to crack the dairy business. But in the year ended March 2022, the biscuit giant’s revenue was nearly $1.7 billion and out of it only $60 million came from dairy. 

Despite this, the biscuit giant has grand plans to expand its dairy business.

Tune in to find out more

With a dipping market share and no leader in India, many in the industry say Google Pay is losing its agility in the country.  

While the reasons range from slow roll-out of new features to overlooking merchants, one has played a big role in Google Pay's current position.  

And it has a lot to do with the relationship it shares with its banking partners.  

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Even with comparatively higher tax rates the old tax regime has remained popular amongst Indian taxpayers.  

The government, in the new budget, announced changes to incentivise the new  regime.  

However, what will suit taxpayers still depends a lot on whether they find the changes attractive enough.   

Tune in.

In the last three quarters, the revenues of India's largest telco have been seeing a steady slowdown. 

A Rajasthan government's free-smartphones-for-women project came along just in time and won Reliance Jio managed to bag 60% of the contract value.

But now Jio is waiting, fingers crossed, for the new budget with reports of the government shelving the project.

If the project does come through, what would it mean for Reliance Jio?

Tune in to find out.

From moment Nykaa went public on the stock exchanges in 2021, it became an investors’ favourite.

Its stock had listed at an 80% premium to its issue price of Rs 2,001 per share on the BSE. Its parent company FSN e-Commerce Ventures hit a valuation of 1 lakh crore rupees. And founder Falguni Nayar’s net worth tripled and turned her into a billionaire.  

But lately, things have not been going so well for the fashion e-retailer. Its shares have been on a free fall.

Tune in to find out why.