Top of the Morning

A rough Wednesday on Dalal Street, a slipping rupee, TCS on the clock, a Japanese watchmaker's India play, and a packaging loophole that let counterfeit medicines pass as real. Nelson John breaks down five stories that matter, in plain language, in about ten minutes. Learn more about your ad choices. Visit megaphone.fm/adchoices

Nelson John walks you through the five business stories shaping the day: the 6 GHz WiFi standoff over interference with ISRO's satellites, the government's second attempt at making small town aviation viable through Viksit UDAN, the cooling of the gold and silver rally, Adani's nearly $10 billion capital raise, and Temasek's bet on Indian space startup Pixxel. Clear, neutral, and quick. Learn more about your ad choices. Visit megaphone.fm/adchoices

Good Morning, I'm Nelson John. Today on Top of the Morning: the AI token bill that Indian IT never put in the budget, and why this could be the sector's weakest June quarter in years. Manipal Health gets the green light for a 1.1 billion dollar IPO. The government puts a slice of Cochin Shipyard up for sale. Ola Electric is back in the insolvency courts over unpaid supplier dues. And India's office market just posted its strongest six months on record, with global capability centres leading the charge. Five stories, one clear picture of where the money is moving. Tap in. Learn more about your ad choices. Visit megaphone.fm/adchoices

Delhi clears an aggressive new EV policy, ESDS heads for India's first data centre listing, private airports push back on an airline discount, the government moves to fix MSME payments, and the NPS adds a new retirement income option. Your fast, clear morning brief on Indian business and markets. Learn more about your ad choices. Visit megaphone.fm/adchoices

Crude slipped back toward pre-war levels last week, and then the Strait of Hormuz flared again, leaving Indian refiners on edge. On today's Top of the Morning, we unpack five stories shaping Indian business this Monday. Cube Highways Trust starts roadshows for a 5,000 crore rupee listing, a first-of-its-kind shift for an Indian InvIT. Piramal Consumer Healthcare goes deep instead of wide, chasing a 200 million dollar target by 2030 on the back of premium skincare and quick commerce. Raymond's aerospace arm, JK Maini Global Aerospace, grows at 25% as global OEMs lean into India under China-plus-one. And HDFC Bank gets a clean chit from an independent legal review, even as former chairman Atanu Chakraborty calls the whole exercise superfluous. Learn more about your ad choices. Visit megaphone.fm/adchoices