Chris Kay
@christopherkay.ft.com
Mumbai bureau chief at the Financial Times. Previously with Bloomberg in India, Pakistan, Nigeria and the UK. https://chriskay.co.uk/ https://www.ft.com/chris-kay
This column by @christopherkay.ft.com highlights an important issue - as AI becomes more important and powerful, how do countries avoid becoming dependent on US centric models? is open-source AI enough? www.ft.com/content/3729...
What Ambani’s deep-tech ambitions reveal about India’s AI limits
Country still needs to play catch-up if it is to become self-reliant in the use of the technology
ft.com
What Ambani’s deep-tech ambitions reveal about India’s AI limits ft.trib.al/m3twLa3 | opinion
What Ambani’s deep-tech ambitions reveal about India’s AI limits
Country still needs to play catch-up if it is to become self-reliant in the use of the technology
ft.trib.al
What Ambani’s deep-tech ambitions reveal about India’s AI limits - www.ft.com/content/3729... via @financialtimes.com
What Ambani’s deep-tech ambitions reveal about India’s AI limits
Country still needs to play catch-up if it is to become self-reliant in the use of the technology
ft.com
India plays ‘whack-a-mole’ with finfluencers. “They thought they could sell dreams that many people have made profits,” Sebi chair tells @financialtimes.com. “These dreams were completely hyped and were even outright lies in some cases.” www.ft.com/content/79ef...
India plays ‘whack-a-mole’ with online financial influencers
Regulator targets scammers who give stock tips under guise of financial education as ranks of retail investors grow
ft.com
Ambani’s Jio set to file for IPO as hopes grow for end to India’s listings drought ft.trib.al/MKlOviH
Ambani’s Jio set to file for IPO as hopes grow for end to India’s listings drought
Iran war has hit country’s equity market and disrupted what was positioned to be another record year for flotations
ft.trib.al
Cricket fans - a column here from @christopherkay.ft.com on how India’s cricket cash machine - the IPL - faces a slower commercial run rate www.ft.com/content/eefd...
India’s cricket cash machine faces a slower run rate
The commercial pitch has become tougher for teams amid less competition for streaming rights and an advertising crackdown
ft.com
The Indian Premier League transformed cricket’s flagging economics and entrenched India’s global political dominance of the game. But the IPL's commercial pitch is set to become tougher with limited to no competition for the next media rights cycle. www.ft.com/content/eefd...
India’s cricket cash machine faces a slower run rate
The commercial pitch has become tougher for teams amid less competition for streaming rights and an advertising crackdown
ft.com
Modi calls on Indians to tighten their belts amid Gulf crisis, as well as avoid travelling abroad for holidays and weddings. “Now that the elections are over, Modi can be more realistic about the economic issues” www.ft.com/content/39a9...
Narendra Modi calls on Indians to tighten their belts amid Gulf crisis
PM asks citizens to work from home, limit gold purchases and stop travelling abroad to conserve foreign exchange
ft.com
always loved this photo of Churchgate station in Mumbai in 1995 (i lived around the corner at the time) by the great Raghu Rai who has just died. NYTimes obit here www.nytimes.com/2026/04/27/w...
The outspoken founder of Biocon on the pros and cons of weight-loss drugs, misogynistic trolling — and how to get India’s tech capital moving again: ft.trib.al/PBmbRX1
Biotech billionaire Kiran Mazumdar-Shaw: ‘I’ve always been very unconventional’ The Biocon founder on building an Indian pharma powerhouse, weight-loss drugs — and how to get Bangalore moving again. Do read my first Lunch with the FT. www.ft.com/content/08e9...
Biotech billionaire Kiran Mazumdar-Shaw: ‘I’ve always been very unconventional’
The Biocon founder on building an Indian corporate powerhouse, weight-loss drugs — and how to get Bengaluru moving again
ft.com
The question over Trump’s ‘historic’ refinery deal: $300bn or $40mn? ft.trib.al/2jya0Ao
The question over Trump’s ‘historic’ refinery deal: $300bn or $40mn?
Reliance Industries has made no announcement to the stock exchange about the project in Brownsville, Texas
ft.trib.al
The downfall of Byju's, once India's most valuable start-up worth $22bn, turned into a global courtroom drama. The @financialtimes.com's Mumbai bureau chief @christopherkay.ft.com takes us inside the saga on this episode of Behind the Money. 🎧: podfollow.com/behind-the-m...
always here for takes on the state of Bollywood - read here from Krishn Kausik and @christopherkay.ft.com www.ft.com/content/f1d6...
Bollywood tries to get back its glitter
The Indian cinema industry now often makes many predictable films that fewer people want to pay to see
ft.com
India’s central bank battles to protect rupee from Iran war fallout ft.trib.al/xiB0xNE
India’s central bank battles to protect rupee from Iran war fallout
ft.trib.al
In May, India's law ministry refused to serve the SEC's legal summons to Adani, citing “the absence of an ink signature on the SEC’s cover letter and a seal”, which the US regulator argued was not required. www.ft.com/content/64f0...
US regulator steps up effort to serve charges against Indian billionaire Gautam Adani
SEC asks for permission to send summons by email after India’s government refused to formally notify tycoon
ft.com
“Private Indian energy giants could make a killing from refining more Venezuelan heavy crude, and India could achieve its goal of better diversifying its sources of foreign oil — and especially if it continues to scale back Russian oil imports.” ft.com/content/5d0f...
Indian oil refiners see opportunity in Donald Trump’s Venezuela action
Groups including Reliance stand to benefit as they seek low-cost alternative to sanctioned Russian supply
ft.com
www.ft.com/content/8070... India’s turbulent year in aviation: “In the US and China, there are several peer-sized airlines that can step in to ease shocks. India doesn’t have that.” @christopherkay.ft.com
India’s turbulent year in aviation
Travel meltdown at IndiGo and fatal Air India crash spur calls to break duopoly in world’s third-largest air transport market
ft.com
RBI governor Sanjay Malhotra tells the @financialtimes.com that he expects India's interest rates to remain low for a “long period”. He also admitted that the blistering 8.2% GDP figure “was surprising” and the central bank had to “improve” its forecasting ft.com/content/55cd...
India’s central bank governor signals rates to stay low for ‘long period’
Sanjay Malhotra celebrates ‘Goldilocks’ growth that could be boosted further by trade deals with US and EU
ft.com
Earlier this year, IndiGo's CEO told the @financialtimes.com that the airline's rise was “one of the most incredible aviation stories in the world”. But that triumphant narrative has been devastated after a major air travel meltdown - www.ft.com/content/e3f7...
Flight chaos brings India’s biggest airline back to earth
Low-cost carrier IndiGo’s cancellation of thousands of flights prompts passenger fury and regulator scrutiny
ft.com
India’s airports in chaos as largest airline IndiGo cancels over 1,000 flights on Friday following days of turmoil. The airline's CEO says cancelling more than half the its flights would help it to “start afresh” - www.ft.com/content/6451... via @financialtimes.com
India’s airports in chaos as largest airline cancels over 1,000 flights
Crisis at IndiGo forces government to suspend pilot rest rules
ft.com
The costs of India’s hunger for cheap steel-The scale of that growth, however, comes with significant costs. Despite its essential role in engineering and construction, steel is one of the world’s dirtiest materials… www.ft.com/content/c9f4... @christopherkay.ft.com @financialtimes.com
The costs of India’s hunger for cheap steel
Booming production may buoy the domestic economy, but is causing environmental damage and trade tensions
ft.com
Today's FT Big Read: India's steel production has boomed in the past decade. But that growth comes with significant costs. “We are creating a big carbon monster that we will not be able to tackle in the future,” says @globalenergymon.bsky.social's Henna Khadeeja - on.ft.com/4oVZzWI
The costs of India’s hunger for cheap steel
Booming production may buoy the domestic economy, but is causing environmental damage and trade tensions
on.ft.com
Only 4.4% of India's workforce aged 15 to 29 is formally skilled, according to the government, which has acknowledged that just over half of the country's graduates have the “skills needed by a modern economy” - on.ft.com/3LMDICt via @financialtimes.com
India aims to train vast pool of poorly skilled workers
New Delhi steps up programmes to close workforce skills gaps in competition with China
on.ft.com
Inside the war over Bangalore Palace. Since India's independence, the Mysore maharajas have waged a slow battle for control over their historic real estate, flitting between political parties and attempting to protect their legacy. My latest for the @ftweekend.com magazine - on.ft.com/3JXqphR
Inside the war over Bangalore Palace
In the heart of south India, a legal battle is raging over the future of a royal residence
on.ft.com
PM Narendra Modi heralded India’s growing “concert economy” after Coldplay gigs. But India still struggles with a scarcity of venues and opaque red tape. “We always had a gun to our head in terms of who’s the next guy going to be coming to ask for a piece of the action” | www.ft.com/content/fea1...
India bets on the global concert economy
International artists are putting on big shows but the country needs less red tape and more venues
ft.com
India’s grid deadlock threatens green power rollout - on.ft.com/4p0PYNW via @financialtimes.com
India’s grid deadlock threatens green power rollout
Expansion of the country’s power network has not kept pace with a surge in renewable projects
on.ft.com
India is estimated to spend less than 0.7% of GDP on R&D, less than half what it needs to spend.
Chris Kay@christopherkay.ft.com · 10mo ago‘Shoestring’ R&D budgets force India to rely on Chinese tech, steel tycoon Sajjan Jindal tells the @financialtimes.com - on.ft.com/4nbBwBm