CODA
59 ARTICLES
A realistic assessment of Sarvam, India’s sovereign AI bet
A $234 million raise is chump change in the global AI arms race. Can Sarvam still compete?
21 Jun 2026
Uday Kotak’s wake-up call won’t move India Inc.
The retired banker wants India’s top companies to invest in AI. But the capital, ambition, and urgency simply aren’t there.
06 Jun 2026
Hindware, Google and the fault lines of platform power
Delhi High Court takes aim at the search giant’s AdWords model, ruling that keyword bidding on trademarks constitutes infringement.
29 May 2026
Adani, America and the price of closure
A proposed SEC settlement lifts the biggest overhang on the Adani Group—its access to US capital markets.
16 May 2026
India’s sovereign AI ambition is getting ahead of itself
From GPUs to LLMs, India’s AI stack is deeply global—making ‘sovereign AI’ more aspiration than reality.
02 May 2026
India’s B2B startups have a debt binge issue
Most business-to-business companies waiting to list on the public markets have a problem that prospective investors should be aware of: severe indebtedness.
25 Apr 2026
Within weeks, a wake-up call for digital fraudsters and independent directors
A correct summary of modern times is that there are decades when nothing happens and then there are weeks in which a lot comes to pass. Like these past few weeks.
11 Apr 2026
Emergent’s ARR is all smoke and mirrors
The AI startup’s $100 million ARR claim does not quite add up even as Dream11—forced out of real-money gaming—prepares to take its massive user base into stockbroking.
28 Mar 2026
Adani and Ambani’s media bets sink deeper into the red
NDTV and Network18 are now firmly loss-making—and show little urgency to fix the fundamentals.
21 Mar 2026
Bravado, IPO and OYO
A debt-heavy global pivot to modest motels and accounting-led profits define the company now heading to Indian public markets.
26 Feb 2026
