Priten Bangdiwala

*News Headlines from Business News Agencies:* *Business Standard* 📝 Oil buyers, producers dialogue needed for market stability: Hardeep Puri 📝 India's semiconductor design sector booms despite Q2 hiring dip: Report 📝 Taj Gvk Hotels Q3 PAT jumps 39% YoY to Rs 17 crore 📝 SAT Televenture to acquire Tikona Infinet for Rs 669 cr in cash, stock deal 📝 Sebi allows MFs to invest in foreign funds with Indian securities exposure 📝 Kotak Alternate Asset Managers to raise Rs 1,600 cr via healthcare PE fund 📝 Coal Minister urges CIL to boost production and reduce import reliance 📝 TechEagle launches eight drone hubs with healthcare partners across India 📝 Fitch affirms IIFL Finance's rating after RBI lifts ban on gold-loan biz 📝 October weather did not favour Ukraine's winter crops: Scientists 📝 Exide Industries Q2 result: PAT falls 13.66% to Rs 233.4 cr on higher costs 📝 UAE opens its annual oil-and-gas summit, pledges to increase output *Economic Times* 📝 CIL should prioritise augmenting coal production, supplies to reduce import: Minister 📝 Aptus has appointed Atul Jain as Managing Director and Chief Executive 📝 China's Haier Group plans JV with JSW Group envisaging Rs 1K cr investment 📝 BFSI office leasing continues to surge as digital growth points to new record in 2024 📝 India to emerge as a Global South leader in AI global governance: Abhishek Singh 📝 India re-elected as President of International Solar Alliance till 2026 📝 Bajaj auto domestic 2-wheelers sales dropped 8 pc in Oct (YoY), exports surge 22 pc 📝 Ashok Leyland total sales fell 9% to 15,310 units in Oct 📝 Bangladesh fast tracks payment to Adani Power after supply cut 📝 Welspun Corp gets Rs 1,300 cr pipe supply order in US 📝 India to revamp power demand forecasting for better planning 📝 Crystal Crop acquires I&B Seeds to expand vegetable, flower seed business *Mint* 📝 RBI likely selling dollars to support rupee amid equity outflows: Report 📝 IRFC Q2 Results: Net profit rises 4% YoY to ₹1,613 crore, revenue up 2% 📝 Indian rupee touches all-time low due to equity outflows from domestic market 📝 Lulu Retail Holdings expects to raise $1.43 billion from its Abu Dhabi IPO 📝 DLF’s New ‘Ultra-Luxury’ Project to Have the Costliest Apartments in India 📝 Reliance Jio IPO may hit Indian market in 2025: Report 📝 NBFCs brace for slower growth as asset stress, fund costs pinch 📝 Skillmatics likely to go for India listing in 3 years: CEO Dhvanil Sheth 📝 SBI Mutual Fund average AUM surges to record ₹11 lakh crore in Q2 📝 Bosch to cut over 7,000 jobs as it lowers growth forecast for 2024 📝 InCred plans insurance, mutual fund arms as it seeks to diversify offerings

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What does leadership truly mean? Our visiting faculty, Prof. Srikant Sastri, offers a compelling answer by highlighting how the share market evaluates CEOs and other leaders. Prof. Sastri, Co-founder, Crayon Data, and Chairman, i3G Network and IIM Calcutta Innovation Park, brings invaluable insights on leadership to BSM classrooms. With BSM’s PGDM in Business Management, you can learn the intricacies of leadership and how industry leaders transform team aspirations into strategic and impactful actions. Join the ranks of future business leaders with BSM. Admissions open for 2024. Apply now: bit.ly/3vjhFey Srikant Sastri #badrukaschoolofmanagement #bsm #residentiallearning #dualspecialisation #hyderabad #pgdm #businessmanagement #application #process #scholarships #blockteaching #globalfaculty #futureleaders #futureforward #futureskills #workplacereadiness #workplaceready #corporatepartnerships #internships #placements #finance #strategy #marketing #problemsolving

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The Ph.D. program at IIM Visakhapatnam stands out for its rigorous academic training combined with a unique global perspective. A key highlight of the program is the international immersion opportunity at Agder University, Norway, which allows scholars to engage with cutting-edge research and collaborate with world-class faculty in a global academic setting. This partnership not only enhances the research quality but also exposes participants to diverse methodologies and cross-cultural insights. Unlike other IIMs, this distinctive feature elevates the program, providing scholars with a rare combination of local expertise and international experience, making it a pioneering initiative among Indian management schools.

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In this article I write on how there are now bankruptcy cases where 100% debt recovery has happened and some reforms have happened to recognise the importance of the Committee of Creditors.

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The RBI released its annual report for FY 23-24. One must admit that its reports are a delight to read, and surely demystifies much of commentary that external stakeholders speculate on. Hence an OpEd like this can never do justice to the report that the RBI presents. So what do I read from the latest RBI annual report… my long-form commentary in The CapTable https://lnkd.in/gjjndc6N #RBI #Inflation #savings #banks #FinTechs #India #economy #payments #savings #investments #household #Inflation #unemployment #climaterisks #geopolitics Reserve Bank of India (RBI)

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India emerging as world's innovation hub!! India's GCC Ecosystem Set to Hit $100 Billion by 2030, Emerges as Global Innovation Hub: Inductus Report https://lnkd.in/g4gmGMaT

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It's been nearly half a decade since I started understanding and tracking #ESG and #sustainability across global #corporations (thanks to Maneesh Sagar and RS Metrics) only to realize #ESG and #sustainability are widely misunderstood. As I dived further academically, I realized that this misunderstanding was quite widespread, not just among consumers but also among corporations who were trying to practice it, and this was at the core and the way it was #marketed, not just the #products and #services but also the core theme of #green Picking up one conversation with some of the greats in the #industry and taking the first thing that affects the #consumer, I realized #greenmarketing and #greenwashing are two terms that often get tangled in discussions about #corporate #responsibility and #environmental #sustainability. And that led to the research on how #greenmarketing can sometimes serve as a disguise for #greenwashing or as a lot of us call it, "The Thin Green Line." In recent years, as #consumer awareness about #environmental #issues has soared, #businesses have increasingly turned to #greenmarketing to showcase their efforts in #sustainability. While green marketing is meant to highlight genuine #ecofriendly initiatives, it sometimes slips into the murkier #waters of #greenwashing. Haven happened multiple times; you begin to realise that the green sheen is only surface-deep, masking practices that are not truly sustainable. While #greenmarketing taps into the growing consumer preference for environmentally responsible products, companies have used green-themed #packaging, #ecofriendly #product claims, and sustainability-oriented #advertising to appeal to this demographic and with an idea to build #brand #loyalty and a reputation as a #responsible business. But slowly and steadily, no one realizes how this line is often crossed (knowingly and unknowingly), and they slip into #Greenwashing, ultimately misleading the #customer. Often found around tactics, green marketing is often found around marketing and advertising that have ➡ Exaggerated Claims: Products are advertised as ‘green’ based on a thin veneer of sustainable practices, often emphasizing minor or irrelevant attributes while ignoring more significant environmental impacts. ➡ Lack of Proof: Companies may claim environmental benefits without providing #transparency or #evidence to support these claims. ➡ Misleading Imagery and Language: Using nature-inspired #images and terms like ‘natural’, ‘eco’, and ‘green’ can suggest environmental benefits where none exist. While there could be endless thro's and fro's around this, here is a small glimpse of our #research paper that highlights and explains where this thin line is and where #corporations have gone wrong in crossing it with a focus on #food #industry. Always grateful to Vijay Singh Dahima for keeping my research fire alive and keeping me within the boundaries of the topic

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👉 MDI Gurgaon is delighted to share an insightful interview with Prof. Arvind Sahay featured in 𝐁𝐖 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐖𝐨𝐫𝐥𝐝. In this detailed conversation, Prof. Sahay discusses the evolving landscape of MBA education, the role of AI in management, and the competencies needed for future business leaders. A must-read for aspiring professionals and educators alike. 👈 #MDIGurgaon #Leadership #BusinessEducation #AI  

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In an exclusive interview with ETEducation, Prof. Prafulla AGNIHOTRI, Director of IIM Sirmaur, shared valuable insights on the future of management education in India. He emphasised the crucial role of premier institutions like IIM Sirmaur in fostering innovation, entrepreneurship, and collaboration with industry and government. Prof. Agnihotri highlighted the importance of distinguishing between the growth and development of a country. He stressed the need for an inclusive approach that considers all stakeholders and the industry's demand for job-ready professionals. He also underscored the role of programs such as our one-year, full-time Leadership in Smart Manufacturing (LSM) program, conducted in collaboration with RWTH Aachen University, Germany. Being the only IIM to offer a sectoral program in Tourism Management, Prof. Agnihotri explained how India’s evolving demography drives the need to modulate the pedagogy. The program is dedicated to nurturing industry-ready managers with adept soft skills to complement their functional abilities. While discussing the responsibility of producing efficient leaders, Prof. Agnihotri emphasised the importance of prioritising student mental health to address global challenges. Our institute is committed to providing support through initiatives like the 'slow track' program, which helps alleviate academic pressure and ensures student well-being. To learn more about how premier B-schools are transforming the Indian entrepreneurial landscape, read the full article here: https://lnkd.in/gQ4UWJdJ #iim #iimsirmaur #thehimalayaniim #bschool #eteducation #economictimes #entrepreneurship #tourismmanagement #makeinindia

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𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧𝐬 𝐕𝐞𝐧𝐭𝐮𝐫𝐞 𝐒𝐭𝐮𝐝𝐢𝐨 𝐉𝐨𝐢𝐧𝐬 𝐂𝐎𝐒𝐈𝐃𝐈𝐂𝐈: 𝐀 𝐍𝐞𝐰 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩 𝐟𝐨𝐫 𝐆𝐫𝐨𝐰𝐭𝐡 We are thrilled to announce that Innovations Venture Studio has officially become a Member of the Council of State Industrial Development & Investment Corporations of India (COSIDICI) which is the national federation of State Level Financial Institutions (SLFIs) comprising of State Financial Corporations (SFCs), State Industrial & Infrastructure Development Corporations (SIIDCs) and State Industrial Development Investment Corporations (SIICs), engaged in promotion, development and financing of industry mainly in the small and medium sector. This Council, through its Member Corporations is dedicated towards servicing the building blocks of the economy viz. the MSME sector. They are positioning SLFIs in the world stage for them to face the latest trends in IR 4.0, Cyber security, ESG Compliance etc. The SLFIs are providing effective financial assistance to the MSME units owing to their expertise, local knowledge and quick response thus contributing to the economy of the States. COSIDICI is headed by the Director General, Shri Hans Raj Verma and Ms. Laya Madduri, IAS, Secretary to the Government of Assam, Deptt. of Finance and Managing Director of Assam Financial Corporation, Guwahati as President of COSIDICI. Shri Hans Raj Verma has over 38 years of experience in the Civil Service and given a strategic vision for TIIC, Chennai which is India's 2nd oldest DFI, which was established in 1949. This vision of TIIC 2.0 encompassed the emerging tech platforms and pro-active engagement with all the stakeholders. This strategic alliance marks a significant milestone for Innovations Venture Studio as we continue to expand our reach and impact within the Indian entrepreneurial ecosystem.  This platform can be utilized by Innovations Venture Studio for a PAN India presence through which Innovations Venture Studio can get access to the best practices of other States and State Development Institutions of the respective States and directly benefit the MSMEs Sector. COSIDICI's extensive network and resources will provide us with valuable opportunities to connect with SLFIs,  SMEs, industry leaders, and government agencies. We look forward to sharing our vision and exploring potential collaborations with the COSIDICI members. By joining COSIDICI, Innovations Venture Studio aims to: ·  Strengthen our network: Connect with various SLFIs, SMEs and industry experts. · Access valuable resources: Leverage COSIDICI's resources and support to drive growth. · Contribute to the entrepreneurial ecosystem: Collaborate with other members to foster innovation and development. We are excited about the possibilities that this strategic alliance holds and are committed to positively impacting the Indian entrepreneurial landscape and strengthening the MSME Sector. #innovation #partnership #entrepreneurship #SME #MSME #startup #India

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⭐ Divergent Leadership - Short-Duration Executive Programme 🎯 IIMB's Executive Education wing launches a new 3-day executive programme on 'Divergent Leadership', directed by Prof. Debolina Dutta and Mr. Subhash Khare. The programme is designed for mid-to-senior leaders seeking to navigate ambiguity and lead organizational changes with agility. Through frameworks, assessments and actionable insights, participants will: > Assess and enhance their #DivergentThinking skills. > Build personalized strategies for adaptive leadership. > Translate ambiguity into opportunities within their organizational context. Created with a blend of interactive pedagogy and real-world application, this programme equips leaders to thrive amidst disruption and complexity. 👉 Learn more about the programme: https://lnkd.in/gtdTq9ig Parthasarathy S Abhishek Dubey Junaid Ahmed Preethi subramani Vinitha vandana Padmini Srinivasan #iimb #iimbangalore #executiveeducation #executiveprogram #leadershipdevelopment #divergentleadership #changemanagement

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“PoC fatigue" often stems from two factors: the pursuit of a perfect AI solution and the headcount-based billing model prevalent in IT/ITeS firms. Instead, we propose pragmatic AI implementations with robust error control, complemented by human involvement for high-error tasks. This approach minimizes setup costs and enables outcome-based recurring billing.

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Really looking forward to attending this gathering, to hear from and to learn with some of the foremost thinkers on how communication leaders have a central role to play in addressing risk, brand, people and stakeholder related challenges that modern corporations face today. #ASSEMBLY2024 Control Risks Lloyd Mathias Rituparna Chakraborty Siraj Azmat Chaudhry Sree Sreenivasan

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An increasing number of #Britishschool brands are expanding their horizons to emerging markets in #EastAsia, #SoutheastAsia, and #India. These diverse markets present new growth avenues, but success will depend on the brand’s ability to be adaptable, innovative, and strategic in finding the right partnerships. Watch this video for insights on how to navigate these opportunities.   Sudeep Laad L.E.K. Consulting      #LEKEducation #education #EducationConsulting #Strategy #K12 #K12Schools #Educationinvestment #APAC #Futureoflearning  

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"I couldn’t have had a better mentor and friend to guide me through the process. Arvind was super thorough, patient and accommodating. Through our brainstorming sessions, Arvind emphasized the importance of focusing on what I wanted from my MBA program rather than getting distracted by external noise. This perspective on how well my goals can be met by the program, helped me prioritize programs based on a structured approach. When I was preparing for interviews, I needed structure amidst the chaos, and that’s precisely where Arvind helped. Through mock interview sessions, he coached me on how to structure my answers effectively, ensuring they were impactful and delivered the necessary punch. In short, Arvind’s advice proved invaluable in eventually securing admission to IESE and Oxford Saïd MBA programs." These were Jegyasa's kind words on working with me/ admitStreet. When Jegyasa reached out to me, her motivation for an MBA and career goals post-MBA (strategy consulting) were clear. She needed guidance on which B-schools to prioritize, and subsequently preparations for her IESE and Oxford Saïd MBA interviews. To start with, we evaluated the top MBA programs across dimensions including consulting career opportunities, alumni network, profile-fitment, her geographic preferences, etc. This gave us an objective view of which programs to prioritize and why. Typically, this is one of the first personalized steps I work with candidates on, as it structures their thought process and directly impacts the outcome. Subsequently, for our mock interview sessions, we identified high-impact anecdotes from Jegyasa's professional and personal experiences. Given there were a bunch of anecdotes, it was important to prioritize and structure effectively. For each mock session, I could see her prepare in advance by adding pointers in our school-specific 'MBA Interview Questions' document. After each mock, she improved along my feedback dimensions across content, structure and delivery. Our final mock was excellent, and gave her (and me) the confidence about her actual interviews! I'm glad that Jegyasa received her well-deserved admits from IESE Business School and Saïd Business School, University of Oxford. I wish her the best in her journey at IESE and going forward! Check out the link in comments for a deep-dive on Jegyasa's success story.

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Yesterday, at the TiE Global Summit 2024, we had the privilege of unveiling India Alpha – The Techade of Opportunity, a Kalaari Capital report. The report launch was graced by Deepak Chopra MD (official), who discussed how India can unlock its potential to lead on the global stage.    Our report explores India’s rise as a global economic powerhouse across sectors like Consumer, Deeptech, SaaS and AI. Below are a few key insights from the report.   The India Imperative: Seizing the Global Spotlight > India, with 900M under 35, boasts the world’s youngest and most ambitious workforce, giving it a unique demographic edge. > In a digital-first era, India’s working population—68% of the world’s total by 2030—will drive unparalleled productivity.   India’s Mosaic of Demand: The Billion-Buyer Boom > 70% of Indians own smartphones, with an average usage of 7+ hours daily. > By 2030, consumption across core categories will double, adding $2T, with startups leading the digital lifestyle shift.   Factories & DeepTech: Engines of Growth > ‘Make in India’ offers a $1.5T opportunity, with manufacturing exports set to triple by 2030. > India ranks as a top destination for global businesses and leads in DeepTech startups, excelling in EVs, semiconductors, space, and robotics.   The Great Ind(AI)n Software Story > Patent filings have tripled in the last decade, with computer/software IP being the single largest contributing category. > India contributes 19% of global AI projects, ranking 2nd worldwide. > Software revenues will surpass $500B by 2030, powered by the world’s 2nd largest SaaS ecosystem.   India’s Startup Ecosystem: Driving the Techade > India is home to 140K+ startups, ranking 3rd globally, with 45x growth in the last decade. > By 2030, India will see its number of unicorns triple from 100 to 300. > Startups will quadruple their GDP contribution, rising from $35B today to $100B+ by 2030, driving significant economic impact.   The process of creating this report has been an enriching and collaborative effort. It was incredibly fulfilling to work closely with our talented investment team over the past few months. The team delved into extensive research to uncover the trends that will shape India’s future.   Jayraj Bharat Patel , Harsh Choudhary , Sana Gupta , Piyush R Golecha   At Kalaari Capital, we've been committed to enabling entrepreneurs for over two decades, and we are more dedicated than ever to supporting India’s entrepreneurial ecosystem.   This report is not just a reflection of opportunities—it’s a call to action. Whether you're building, investing, or just curious about India’s potential, I encourage you to explore the insights and trends that will define the years to come.   👉 Access the full report: https://bit.ly/41tnHHm   Let’s unlock India’s Alpha, together.   #IndiaAlpha #TechadeOfOpportunity #KalaariCapital

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I’m so proud to have hosted Debashis (Deb Ashis) Chatterjee, Director of Indian Institute of Management, Kozhikode on The Mohua Show! We had an incredible conversation about leadership in the age of AI, IIM Kozhikode’s transformative journey and why compassion and impact are at the heart of great leadership. This episode is a must-listen for leaders and changemakers. If you haven't heard it yet, here's the link - https://lnkd.in/gpbSMTAR

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While cautious, investors are excited about the next phase of Consumer startups in India. Whether it is the incumbents or the ones at very early stages, we believe that large scale businesses will be built in the consumer space across premiumization, digital entertainment, tech led services themes across sectors in the coming decade. The below article captures our view in much detail. If you are building in Consumer Tech/Services space and are solving a complex problem, we would love to talk to you. Gemba Capital Adith Podhar Vipul Rawal ↗️ Kamini Shivalkar Shashank Gupta

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