FEBRUARY 01 2024
specials 34 / Editor's Note
An Indian Apartheid
Ideals of the proletariat, their commune and a proletariat dictatorship lay fossilised as painful photos of scores of migrant labourers walking many hundred miles to reach the safety of their village hit headlines in India in the early days of the first wave of Covid-19 in 2020
Suchetana Ray - February 01, 2024
strategy 4 / Feature
A Deeper Alliance With Deepfake
While it has gained notoriety for its unethical use, deepfake technology has the ability to revolutionise businesses in areas like advertising, education and political campaigning. Regulatory support and greater inclusion in the formal IT sector can lend it the much-needed legitimacy
Nandini Keshari - February 01, 2024
strategy 4 / Feature
Aviation on a Net-Zero Flight
The aviation industry’s rapid growth is triggering concerns over carbon emissions. Investing in sustainable aviation fuel, modern infrastructure and technology, besides giving the obvious returns of reduced emissions, will help amplify India’s pitch as a responsible partner in the global climate action story
Naina Gautam - February 01, 2024
cest la vie 6 / Pursuit of Happiness
Taking Off On The Right Foot
Hailing from Amarkantak, a town nestled amid mountains in Madhya Pradesh, love for activities like mountain climbing, paragliding and bouldering came naturally to Abhimanyu Saxena, co-founder of edtech start-up Scaler
Chitra Nair - February 01, 2024
the big story 1 / Lead Story
Time for Sunrise in the East, Says Amit Mitra
The eastern region has been dealt a raw deal for a long time, says former West Bengal finance minister Amit Mitra. The oversaturation of economic activities in the western and southern regions will push investors towards the cheaper, resource-rich east, he believes. Edited excerpts:
Parth Singh - February 01, 2024
enterprise 3 / Feature
CBAM Knots in India’s Textile Story
Months after the European Union launched the transitional phase of its Carbon Border Adjustment Mechanism, the textile sector, though not yet included in the target sectors, in India finds itself highly unprepared for the impact. From challenges posed by environmental compliance demands to rivals’ growth and slow governance support, the industry faces a complex fabric of issues
Ankita Mookherjee - February 01, 2024
the big story 1 / Lead Story
Rage of the Fast and Furious
Southern states are angry despite being beneficiaries, along with western states, of the country’s unequal industrial development. In their rush to gather new forms of industrial opulence, they continue to benefit from the cheap labour of central and eastern regions. Will the former share their riches for a more equitable growth of the union of states?
Abdul Haleem Sherif
& Ayaan Kartik
& Parth Singh - February 01, 2024
the big story 1 / Lead Story
Rathin Roy: Tax Sops, Investments Won’t Erase Growth Fault Lines
Social factors play a big role in preventing development of states, says Rathin Roy, economist and former member of the Prime Minister’s Economic Advisory Council. Critical of the penchant to manufacture for the rich, he calls for a political conversation around the need to address unmet demands for affordable access to basic necessities like healthcare, education, housing and textiles. Edited excerpts:
Parth Singh - February 01, 2024
markets 5 / Feature
Ola on Full Charge for Its IPO Ride
The electric two-wheeler manufacturer is betting big on its proposed IPO, with nearly half the shares on offer for sale coming from founder Bhavish Aggarwal’s account. While its position as a market leader is a huge confidence booster, Aggarwal’s past failures, unfavourable reports around regulation violations and battery mishaps might dent its prospects
Vinita Bhatia - February 01, 2024
cest la vie 6 / Hardbound
Wipro's No to Narayana Murthy: A Rejection That Changed Indian IT Sector’s Face
Before he set up what was to become one of Indian IT sector’s biggest success stories, Narayana Murthy was rejected by Wipro chairman Azim Premji. The Infosys chairman later found out that Premji considered this one of his gravest errors of judgement. In her latest book An Uncommon Love Story, Chitra Banerjee Divakaruni explores little known facets of Murthy’s life and the influential role his wife Sudha played in it
markets 5 / Feature
Meltdown in the Power Corridors
After years of dominating the power trading market, the Indian Energy Exchange stares at loss of leadership position and relevance as the Central Electricity Regulatory Commission gears up to implement market coupling of power exchanges. Seen as the first step towards a centralised power distribution, this move could pose an existential threat to IEX
Ayaan Kartik - February 01, 2024
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