Longreads
2595 ARTICLES
Physics Wallah’s entry into the perilous education business should set alarm bells ringing
Co-founders Alakh Pandey and Prateek Maheshwari made Physics Wallah the company it is today by keeping their focus on the digital media, test-prep business. With fresh funds at its disposal after the IPO, it is making the mistake of believing it is an education company.
10 Feb 2026
The smart meter business gets real
Q3 disclosures show that India’s smart meter rollout has crossed a key threshold—moving from promise to shaping revenues, margins and strategy.
10 Feb 2026
Subsidies, soft demand and an open door to Europe: Sula’s perfect storm
In one of its worst years yet, India’s largest winemaker is facing headwinds on all fronts and has little by way of a plan.
09 Feb 2026
Delhivery is struggling to deliver more for investors
Online retailers are increasingly realizing that they can manage their own shipments. Where does that leave India’s leading logistics company, which owes much of its growth to the country’s e-commerce sector?
08 Feb 2026
A changing country: inside India’s instant house help moment
Snabbit, Pronto and Insta Help are pulling in users with speed and low prices. We begin by asking the most basic question: who is this service really for?
05 Feb 2026
Has Devyani International turned a corner?
There’s something for both pessimists and optimists in the QSR player’s Q3 results. Right now, it looks like a coin toss where this business will go next, which makes the euphoric market reaction seem out of place.
04 Feb 2026
Disagreement over money sparks another churn at Peak XV Partners
Peak XV Partners is in a pickle. The loss of much of its senior India leadership has thrown up a familiar venture capital conundrum: how do firms reward and retain top performers in a business where a few big wins end up carrying the entire fund?
03 Feb 2026
Budget 2026: Green targets, grey solutions
India is betting big on carbon capture and coal gas despite global failures. With a new entrant, the race for Shell’s renewable platform in the country is hotting up. Plus, why the solar relief rally might be premature.
03 Feb 2026
CSB Bank’s deposits are a ticking time bomb
The Kerala-based bank has been chasing costly and risky bulk term deposits amid tanking profitability.
02 Feb 2026
Two sovereign wealth funds come together in Abu Dhabi
L’IMAD is taking over ADQ, Dubai is spending $27 billion to expand its financial district and geopolitics hands a blow to Saudi equities.
02 Feb 2026