The drugmaker’s reluctance to part with cash may have given it one of the strongest balance sheets in Indian pharma, but investors are increasingly rewarding risk takers.
Dispatches from our Gulf desk
The Saudi-backed EV maker says claims of a possible collapse are untrue, but investors remain worried about the company’s future.
From India to Europe, governments are piling in to build centres to support (and profit from) the AI boom. What does the UAE have that others don't?

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The fall of this e-commerce giant within a decade of its launch was marked by blind optimism, a total disregard for customers and a massive failure to read the tea leaves.
Meet fellow subscribers, share perspectives, and be part of a deeper offline TMC community experience.

The food-tech pioneer is on the brink of losing its decade-long fight for survival, laying bare the pitfalls of the cloud kitchen business.
The math learning platform is growing fast and expanding globally. Success will depend on how smartly it can manoeuvre the very pitfalls that have crippled peers.
From starting life as a mere offshoot of a poultry company to achieving unicorn status, Drools has quietly rewritten the rules of India’s pet food market. But competition remains a challenge.
The on-demand company has entered the billion-dollar valuation club, thanks to its smart intra-city play. The segment is now hotting up, with both startups and legacy players joining the race.
We look at Spinny, a unicorn, to demonstrate how the used-car business is a graveyard of ideas pretending to be internet-first or internet businesses only to realize years later that the soul of the business lies in brick and mortar.
We look at Hike’s failed super app bet, its messaging flop show and where the company stands today.
We take a look at the company’s trajectory from a messaging platform to a super app and its rise to prominence.
Telecom and retail both continue with their ‘hit and miss’, while O2C delivers an unsurprisingly poor performance in Q4. This is a year RIL will be glad to see the back of.
A three-part series that documents the rise and decline of the original Indian social media company.
A wealth of knowledge from India's top writers curated for you by The Morning Context.

In a failing news ecosystem, independent journalists keep the story alive. A sneak peek into how they do things to get the best results and the challenges they face.
The managing partner at Key Capital talks about his new—and the region’s first-ever—secondaries fund and why long investment cycles are not everyone’s cup of tea.
Success today is not defined by what you know, but by how quickly you can learn, adapt, and act. These capabilities go beyond the classroom and shape how you operate in real-world situations. Build them early, and stay consistent.
Dubai stocks saw their best day in a long while on Wednesday, property data for the first quarter shows the market held its own and other updates from the week.
Dispatches from our Gulf desk
The food-tech pioneer is on the brink of losing its decade-long fight for survival, laying bare the pitfalls of the cloud kitchen business.
A 10-percentage-point gap between what India plans domestically and what it promises the UN tells you everything about its climate strategy.

In light of the recent exits of top executives at Swiggy’s quick commerce business, we look at the reasons behind the departures and whether it’s impacting the business.
The drugmaker’s reluctance to part with cash may have given it one of the strongest balance sheets in Indian pharma, but investors are increasingly rewarding risk takers.
Dispatches from our Gulf desk

In a failing news ecosystem, independent journalists keep the story alive. A sneak peek into how they do things to get the best results and the challenges they face.
A wealth of knowledge from India's top writers curated for you by The Morning Context.
The managing partner at Key Capital talks about his new—and the region’s first-ever—secondaries fund and why long investment cycles are not everyone’s cup of tea.
Success today is not defined by what you know, but by how quickly you can learn, adapt, and act. These capabilities go beyond the classroom and shape how you operate in real-world situations. Build them early, and stay consistent.
Dubai stocks saw their best day in a long while on Wednesday, property data for the first quarter shows the market held its own and other updates from the week.

Give your team the knowledge of independent, deeply researched and well written stories with our unique team subscription plans.

Give the gift of in-depth and beautifully written stories to your family and friends.

The fall of this e-commerce giant within a decade of its launch was marked by blind optimism, a total disregard for customers and a massive failure to read the tea leaves.
Meet fellow subscribers, share perspectives, and be part of a deeper offline TMC community experience.

Detailed stories on technology startups, business and economic current affairs.