Any movie star, politician, or enterprise chief’s go to to India is often full of a ton of media interactions. In any case, they usually fly right here to advertise one thing, and never essentially for a leisurely go to. PR companies line reporters up, filling the involved VIP’s schedule with a number of reporters from a number of publications.

Whereas the questions from reporters may differ, they’re often met with very cookie-cutter responses.

So whereas a few weeks again the craze was round Hollywood stars like Tom Holland, Zendaya, and fashions like Gigi Hadid, this week introduced a brand new face: that of Tim Prepare dinner. Apple’s CEO opened a few brick-and-mortar shops, tête-à-tête with Mukesh Ambani, ate vada pav with Madhuri Dixit, watched the spectacle that’s the Indian Premier League with Sonam Kapoor, and ate some pastry. In between his schedule, he additionally discovered time to entertain queries from reporters, together with two from Mint.

🍎 Prepare dinner first spoke to TechCircle’s deputy editor Prasid Banerjee in Mumbai. He noticed India changing into one in every of Apple’s largest markets, pointing in direction of the corporate’s efforts to deliver manufacturing and now the Apple Retailer to India. There may be loads of scope for development: Apple owns simply 4% of India’s ever-growing cell phone market.

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📱 A few days later, he spoke to our senior assistant editor Gulveen Aulakh in Delhi. Apple’s efforts in India have led to huge job creation within the final two years — almost 100,000, as Prepare dinner identified. Apple needs to double that headcount in India, though Prepare dinner didn’t decide to any timelines to achieve that quantity.

💻 This week additionally noticed the quarterly earnings studies filed for a number of the foremost IT corporations: Infosys, Tata Consultancy Companies, and HCL Tech. HCL Tech beat out its friends by way of earnings. Nonetheless, as in comparison with different segments, IT shares have been flying low for a number of months now. This makes it the very best time to bottom-fish and purchase low on these large-cap IT shares. In his detailed piece, Livemint’s markets reporter Asit Manohar decodes which IT inventory is extra enticing, and why.

🥶 Whereas the general public markets are in all places, non-public corporations, particularly startups, aren’t having a very good time. Valuations of corporations are nosediving as enterprise capital and personal fairness corporations have turned conservative whereas disbursing money. Many corporations are even okay with accepting down rounds — a discount in whole valuation of the corporate to obtain any cash — to proceed working, report senior editor Ranjani Raghavan and senior assistant editor Sneha Shah. Really chilly, grim instances in the course of the funding winter.

⚓️ Within the absence of extra money coming in, startups are culling their headcount each week. For people who joined startups with the promise of inventory choices, BMW bikes, and larger-than-life designations (critically, what’s a “chief happiness officer” even presupposed to do?), many high executives are returning to secure jobs — even at lowered salaries. It is down spherical season for each startups and their staff, write Ranjani and senior editor Devina Sengupta.

🚙 Since BMW bikes are nowhere to be seen, you may need to spend money on an SUV. This is a enjoyable reality: in case you lease the automobile by your employer, you may get a reduction of wherever between 20 to 40% in your subsequent 4 wheeler buy. In fact, this comes with a variety of stipulations —Akshat Rohatgi and Shipra Singh from the Mint Cash staff break all of it down for you.

🚗 SUVs are the selection du jour of Indian automotive patrons lately. Nonetheless, one automotive beats all of them: the trusty Wagon R. Much more than twenty years after its launch (its first iteration got here to India in 1999!), it’s the most-selling mannequin in India for 2 consecutive years now. The explanation? Being a low-maintenance Maruti Suzuki cannot harm. Moreover, its a number of choices: petrol, CNG, automated, handbook — all give patrons so many selections at a number of value factors. Mint’s nationwide editor and resident motorhead Sumant Banerji writes about why the Wagon R continues to promote like scorching muffins, even when confronted with competitors from all the flowery new SUVs.

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✈️ For people who do not need to meddle in a Wagon R or an SUV, there’s at all times flights. The central authorities would love you to decide on an Indian airline the following time you fly abroad. How can they do that? Bilateral flying quotas. Our aviation reporters Mihir Mishra and Anu Sharma clarify how the federal government needs you to fly native to world locations, whereas making India an aviation hub for the world.

🛫 Whereas the federal government is engaged on that, we’re seeing one other development in home flights: a revival. Month-to-month flying numbers are almost at pre-pandemic ranges, with March seeing 13 million home flyers. How India Lives illustrates how India’s metro cities are main the revival in India’s home air journey, in 5 neat charts.

🏳️‍🌈🏳️‍⚧️🏠 The final story from this week showcases why India wants the Marriage Equality Act. Dubbed as “same-sex” act by many information publications, the difficulty has been hotly contested by the Supreme Courtroom this whole week. Neil Borate, head of our private finance staff and Shipra Singh define how people from the LGBTQ+ group are discriminated towards in India’s rental market. A choice on legalising the union between any two individuals regardless of their gender preferences will go a great distance in combating this exclusion confronted by the queer group. I can solely hope the SC acts progressively (and justly) on this matter.

For those who’re in Delhi or Mumbai, do you propose on visiting the shiniest new Apple shops? Maybe you may make that go to in your Wagon R. For those who do, please do write to me — I might like to work together with fellow followers of Apple merchandise who drive tall hatchbacks. My MacBook and my Wagon R have by no means given me a lot bother, and I am going to keep loyal to them for the foreseeable future.

If in case you have any ideas, concepts, or suggestions on our journalism (or subscription), please be at liberty to jot down to me (shashwat.mohanty@htdigital.in). We’re a perpetually evolving information product, so any and each enter is appreciated!

Greatest,

Shashwat Mohanty

Assistant Editor

Subscriber Expertise Staff

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