$10 Billion Forex Losses: Shock or Strategy The asymmetric nature of the shock to the US and Indian economy is playing to the RBI’s advantage, but some of the risks – particularly if investors decide to flock back to Chinese tech stocks – will truly test the RBI’s resolve, writes Ram Iyer.

The last two weeks have seen a sharp decrease of $10billion in India’s forex reserves. In ordinary circumstances this would have raised alarm bells of investors pulling out dollar deposits in search of better returns from the long anticipated and now confirmed first of a series of 25 basis points rate hikes by Jeremy Powell. Although this may well be true, the picture is incomplete without considering the impact of the Russia-Ukraine war on our coffers. With the reduced reserves the RBI has strengthened the rupee making our oil import…

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Onward Assist: The way forward for cancer diagnosis, treatment and outcome NSRCEL-incubated Onward Assist is a start-up aimed to build solutions that can help improve cancer treatment outcomes

Early diagnosis/prognosis of a cancer type is critical, but the clinician is expected to look at a huge volume of data. Imaging modalities like Pathology are complicated to report, and time-consuming. There are only 500 cancer pathologists in India, who have the skill to report on a biopsy slide and give an accurate report. But in India, there are about two million cancer patients being reported every year, leading to huge waiting times and sub-optimal outcomes. Moreover, the Founders say that interviewing oncologists made them realize that most diagnostic and…

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He who pays the piper calls the tune

Is it fair to cast on investors the responsibility that founders build well-governed enterprises, asks G.Sabarinathan1 Troubled startups and their financial benefactors are back in the news again for the wrong reason. We first had the issue of a founder who allegedly waxed a little too eloquent on a phone call with his banker.  Enquiry into the said founder seems to have expanded with a few arms of the government jumping into the fray, wanting to know more.  Yet another company’s fund raising efforts seems to have run into trouble…

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Beyond the glass ceiling The Women in Management (WiM) Club at IIMB recently hosted a panel on reimagining the new generation of business leaders. Dr Deepti Ganapathy shares her takeaways from the discussion

This year, the 7th edition of the Women Leadership Summit at IIM Bangalore hosted a thought-provoking panel discussion with speakers who work in the private sector, government as well as entrepreneurs. The theme for this year- “Re-imagining the New Generation” where we set forth to re-imagine a future generation by setting a frame of reference from our present actions in moving one step closer toward gender parity. As the moderator of the panel, I sought to peel through these questions, layer by layer so that our audience were able to…

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Ikshana: Another way to look at eyewear

Set up in March 2021, eyewear accessory brand Ikshana aims to be the most creative and sought-after platform for eyewear accessories that changes the way people look at eyewear. The brand consists of a range of products such as charms, arm covers and crochet covers which are used to add to the users’ existing frames and sunglasses. “The easy to slide on and off products promote sustainability of glasses and create an affordable fashion solution with unique styling. Ikshana also makes eyewear accessories that kids would appreciate and easily add…

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Kids fashion…the sustainable and eco-friendly way

Kids outgrow clothes very fast and significant amounts of non-renewable resources get used to make their clothes that are used only for a short time. The start-up PureCloth.co has found a way to reinvent the way kids’ clothes are made. To extend usage, PureCloth has devised the ‘Grow-with-me’ collection which applies the art of design featuring extendable outfits that grow along with the kids. The firm follows Circular Fashion Design Principles; all their outfits are designed and manufactured to be disassembled so that they can be repaired, reused, remade and…

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Meet the founders from NSRCEL who wowed the Sharks on Shark Tank India

This year, Shark Tank India, the Indian franchise of the popular American business reality show, set foot into its maiden season. Shark Tank India’s premise revolves around entrepreneurs making presentations to a panel of investors, popularly known as Sharks. The entrepreneurs pitch their respective ventures to these sharks decide whether they would like to invest their time and resources in the said venture. This maiden season of Shark Tank India proved to be a matter of pride for NSRCEL, the innovation and entrepreneurship centre of excellence at IIMB, as it…

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2021: Looking back at the venture capital industry

Prof. G.Sabarinathan1 examines the swelling tide of capital, the growing allocation to alternative investments, institutional evolution and demand-supply dynamics that have impacted the role of the VC industry in the governance of investee firms It has been an eventful week for venture capital (VC). In USA, which I will focus on for now, Elizabeth Holmes, founder of Theranos was convicted.2 Interestingly, Holmes’ conviction coincided with the end of a year when the US VC industry hit a funding record of $ 330 billion in 2021! Coincidentally, perhaps, the Indian VC…

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From safe childhood to secure future… NSRCEL-incubated start-up Hapchi aims to build a safe childhood for every child by accompanying children along their transformational journey through all the years of pedagogy

Hapchi is a body safety and skill development organization that aims to empower children from an early age. The firm’s age-appropriate, structured, step-by-step holistic program is designed for children aged between three and sixteen years, to help them develop skills such as assertiveness, resilience, persistence and emotional regulation. This in turn will help the children cope with and handle issues such as threats of abuse, bullying, cybercrime and mental health concerns, with the involvement of parents and schools. The Hapchi team works at the grassroots level with children as the…

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Towards green jobs and cleaner air As COP26 is all set to start on Nov 1, Dr Deepti Ganapathy, faculty in the Management Communication area at IIMB, whose soon-to-be-published book on ‘Media and Climate Change’, talks to Vancouver-based Brent Perry, CEO, Sterling PlanB, who is spearheading SHIP Zero, on what is takes to chart a course to true zero emissions for trans-oceanic shipping

Studies have shown that annual UN climate summits receive intense global media coverage. This coverage not only keeps the local public engaged and leads to an interesting exchange of knowledge about climate politics but also mobilizes people to combat Climate Change. In my soon-to-be published book on Media and Climate Change, I noted that this was evident at COP 19 held in Copenhagen, where nearly 130 heads of state from 191 countries and over 40,000 scientists, activists and industrialists registered for the convention. Alok Sharma, President for COP26 and Minister…

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