Daybreak

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Business news is complex and overwhelming. It doesn’t have to be. Every day of the week, from Monday to Friday, Daybreak tells one business story that’s significant, simple and powerful. Hosted from The Ken’s newsroom by Snigdha Sharma and Rachel Varghese, Daybreak relies on years of original reporting and analysis by some of India’s most experienced and talented business journalists.

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Can Apollo Hospitals fix its digital cash burn with Rs 299 from 10M users?

Apollo 24/7 has bled money for five years. But its loyalty program, Apollo Circle, might be the cure. For 299 rupees yearly, members get free teleconsultations, priority access, and discounts—locking them into Apollo's ecosystem of hospitals, pharmacies, and diagnostics. The strategy is working: average orders doubled, losses shrank, and Apollo Health Co turned profitable. Now the company wants Circle to drive breakeven next year while funneling customers away from neighborhood clinics into its high-margin private labels and hospital services. It's a playbook borrowed from Amazon—and Apollo's betting everything on it. Tune in. Listen to the latest 90,000 hours episode here. Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.

13 min
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The Shanti Bill opens India’s nuclear sector. An American firm is first in line

India wants to generate 100 GW of nuclear power by 2047. As of now, it produces less than 9 GW. For decades, nuclear energy in India was built, owned, and run only by the state. That is now changing. In December, Parliament passed the Shanti Bill, opening the sector to private players. And an American nuclear company, Holtec International, wants to build 200 small modular reactors across India, mostly close to industrial hubs. Supporters say smaller reactors can be built faster and closer to demand but critics warn about regulation, safety, and accountability. Tune in. Are you a founder or hiring manager? We want to hear your best curveball interview questions. Take our survey. Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.

16 min
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How Indigo ran out of pilots—gradually, then suddenly

India's largest airline crisis made headlines for weeks. Last month, Indigo cancelled nearly 4,000 flights over 10 days, forcing the government to cut 10% of its schedules until March. The culprit? A severe pilot shortage that the airline had two years to prepare for. While Air India doubled its pilot strength ahead of new flight duty rules, Indigo ended up with fewer pilots than before. The airline's response has been less than encouraging. Cut leaves, slash night allowances, and even telling unhappy pilots "where else will you go?" With India needing 30,000 new pilots over the next 15 years, IndiGo's treatment of its crew is coming back to haunt it. And the monopoly mindset that fueled its growth may now be its biggest liability. Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.

13 min
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The mystery fund that played God and wreaked havoc on the stock market

This episode revisits one of The Ken's most consequential stories from 2025. When journalist Anand Kalyanaramn started investigating unusual patterns in India's options market, he uncovered alleged manipulation on a massive scale. Someone was controlling market movements to guarantee profits—making billions while regular traders lost everything. SEBI identified Jane Street as the culprit; and the firm is appealing the allegation. Today, Anand explains how the alleged scheme worked, why India was vulnerable, and what this landmark case means for the future of fair markets. *The host mistakenly says that SEBI began investigating Jane Street in 2025. While the interim order was issued in July 2025, the investigation itself began in 2024.Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.

20 min
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Why teaching at India’s public universities now looks like gig work

Teaching at India’s public universities no longer offers the certainty it once did. Permanent jobs have become scarce, while short term contracts have quietly filled the gap. Many teachers are now hired semester by semester, paid per lecture, and required to reapply for their jobs again and again. This shift has reshaped academic careers and changed how universities function day to day. What caused this shift? And what does it say about the future of higher education and university teaching as a career choice? Tune in. Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.

12 min
30/12/2025

How surging property prices are turning dream homes into pipe dreams

Property prices across Indian cities have gone through the roof, up by nearly 30% in the last two years. This along with ever increasing rent and general cost of living has made planning for the future quite challenging for those in their 20s and 30s. So has the idea of home ownership changed among the younger generations, like in many Western countries where more and more people are choosing to rent rather than buy? Or are we still attached to the idea of owning a home? And what’s behind these record-breaking property prices anyway? Tune in to find out. Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.

33 min
30/12/2025

Daybreak 2025: Four stories we slowed down for

This episode is a look back at four Daybreak, The Ken stories that stayed with us in 2025. After three years of making the show, a few episodes each year stand out because they captured something shifting beneath the surface. These four did exactly that. Host and producer Snigdha Sharma revisits a conversation feat. Waterfield Advisor's Soumya Rajan about why even India’s wealthiest women still fight for financial control, how China’s rare earth dominance exposed the fragility of India’s EV push, the global silver crunch that linked AI, clean energy, and everyday prices, and India's AI future. Tune in.

15 min
29/12/2025

When private equity acquires schools, the price may be quality education

Private equity is reshaping India’s schools. A relaxed New Education Policy and rising demand for international curricula have opened the doors for global operators to buy up chains across the country. The promise is scale, better infrastructure, and tighter governance. But the reality looks a little different—lean budgets, shrinking salary hikes, and a growing focus on cost-cutting. And the fallout? Increasing staff attrition, decreasing academic quality, and schools trading their founder-led ethos for a standardised model. Tune in. *Disclosure: The writer comes from a family that previously owned a school acquired partially by International Schools Partnership (ISP) **This episode was originally published on September 16th 2025Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.

12 min

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First Principles is a weekly interview podcast comprising authentic, candid, and insightful conversations between some of India’s most accomplished founders and business leaders, and Rohin Dharmakumar, The Ken’s CEO & co-founder. From personal philosophies, mental models and decision making frameworks, to reading habits, parenting styles or personal interests, each episode will delve into what makes each of these leaders unique.

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IMPRENDITORIALITÀ
The audio edition of The Ken’s Make India Competitive Again newsletter, spearheaded by Seetharaman G. Every Wednesday, our editors and reporters read the latest edition and chronicle what India is doing, will do, and should do—to not just survive but thrive in the chaos unleashed by Donald Trump.

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Join Brady Ng, Praveen Gopal Krishnan, and Rohin Dharmakumar of The Ken as they discuss the big ideas in artificial intelligence. You’ll get the macro view, explore their experiments in practical applications, go deeper than the news coverage you’ve seen, and hear about the implications of the latest developments. Nothing is off the table.

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TECNOLOGIA
The Two by Two podcast is a premium business podcast from The Ken that investigates, discusses and breaks down the most important business stories around you. Hosted from The Ken's newsroom by business journalists Rohin Dharmakumar and Praveen Gopal Krishnan, Two by Two will feature guests and experts from across the industry and academia to talk about issues no one else is talking about.

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ECONOMIA
You’ll spend 90,000 hours at work in your lifetime. How do you make that time count? 90,000 Hours is a weekly podcast from the newsroom of The Ken that helps you navigate today’s changing world of work, where the traditional 40-year career is gone, entry-level jobs are being replaced by artificial intelligence, and staying relevant means constantly reinventing yourself. Hosted by Rahel Philipose and Vidhatri Rao, the show features conversations with the people creating, breaking, and rewriting the way we work.

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Snigdha Sharma

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Rahel Philipose

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Business news is complex and overwhelming. It doesn’t have to be. Every day of the week, from Monday to Friday, Daybreak tells one business story that’s significant, simple and powerful. Hosted from The Ken’s newsroom by Snigdha Sharma and Rachel Varghese, Daybreak relies on years of original reporting and analysis by some of India’s most experienced and talented business journalists.