The Core Report

In this episode of The Core Report: Weekend Edition, host Govindraj Ethiraj sits down with Mr. Shashi Kiran Shetty, Founder and Chairman of Allcargo Group, India’s largest homegrown logistics multinational. With operations spanning 180 countries, Allcargo has been at the forefront of transforming India's logistics landscape. Mr. Shetty shares his insights on India’s evolving port infrastructure and the complexities of shipping schedules in today’s global market. He reflects on his early days in the industry, transporting garments, footwear, and textiles, and how he established Allcargo in 1994 as a leader in shipping cargo from India. The discussion dives deep into pivotal moments like building India's first container freight station and the impact of the Ukraine-Russia conflict on global ports. Mr. Shetty also sheds light on how Allcargo navigated through the onslaught of COVID-19 and the importance of becoming a digitally enabled business amid the latest disruptions.About Shashi Kiran ShettyMr Shashi Kiran Shetty is the Founder and Chairman of Allcargo Group, India’s largest homegrown logistics multinational with operations in 180 countries. Over the past two decades, he has spearheaded Allcargo Group’s foray into new verticals and geographies, with over 18 successful strategic acquisitions in India and across the globe, the most significant of which was the acquisition of the world’s leading LCL consolidator, ECU Worldwide (then ECULine), and the acquisition of India’s premier express distribution company – Gati.Listeners! We await your feedback....The Core and The Core Report is ad supported and FREE for all readers and listeners. Write in to shiva@thecore.in for sponsorships and brand studio requirements.For more of our coverage check out thecore.inJoin and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

On Episode 364 of The Core Report, financial journalist Govindraj Ethiraj talks to Sunil Thakur, Partner at Quadria Capital.SHOW NOTES(00:00) Stories Of The Day(01:00) Markets wait for US interest rate cues(01:50) Top 26 fund houses are sitting on nearly Rs 80,000 crore in cash, up 27 per cent from the previous month(06:37) India’s import bills rise as the Russian oil honeymoon conclusively ends(08:31) Why India’s steel industry is headed for more trouble(09:57) From speciality hospitals to contract manufacturing, why big investments are flowing into Indian healthcare companiesRegister for The Core Meet Up (Happening Today)Listeners! We await your feedback....The Core and The Core Report is ad supported and FREE for all readers and listeners. Write in to shiva@thecore.in for sponsorships and brand studio requirements.For more of our coverage check out thecore.inJoin and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

On Episode 363 of The Core Report, financial journalist Govindraj Ethiraj talks to Manish Gupta, senior director and deputy chief ratings officer at CRISIL Ratings.SHOW NOTES(00:00) The Take: Borrowing to Invest(05:09) Markets fall on weak signals(07:32) Red Sea crisis leads to 64% jump in global cargo ships fuelling in India.(10:07) Fitch Ratings says lower attrition, slow wage growth is helping Indian IT companies maintain profitability(11:57) Thermal power production has fallen for the first time in India.Register for The Core Meet Up!!Listeners! We await your feedback....For sponsorships and brand studio engagements, contact shiva@thecore.inFor more of our coverage check out thecore.inJoin and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

On Episode 362 of The Core Report, financial journalist Govindraj Ethiraj talks to Aditi Nayar, chief economist at ICRA as well as Shiv Putcha, founder & principal analyst at Mandala Insights.SHOW NOTES(00:00) The Take(05:29) Markets withstand Hindenburg, Adani stocks don’t(07:29) Inflation is down to 3.5%, why you shouldn’t celebrate yet(14:13) Bharti buys a 25% stake in iconic UK brand, British TelecomRegister for The Core Meet Up!!Listeners! We await your feedback....For sponsorships and brand studio engagements, contact shiva@thecore.inFor more of our coverage check out thecore.inJoin and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

On Episode 361 of The Core Report, financial journalist Govindraj Ethiraj talks to Ajay Rotti, founder & CEO of Tax Compass as well as veteran economic journalist Shankkar Aiyar.SHOW NOTES(00:00) The Take(06:45) Markets To Hold Steady(08:00) Global anti money laundering watchdog wants India to step up diligence on politicians(09:22) Should Sebi set higher standards on disclosures of key staff?(16:53) Computing India’s inflation numbers, what is working and not?Listeners! We await your feedback....For sponsorships and brand studio engagements, contact shiva@thecore.inFor more of our coverage check out thecore.inJoin and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

In this episode of The Core Report: Weekend Edition, financial journalist Govindraj Ethiraj discusses the recent currency turmoil, focusing on the unwinding of the yen carry trade and its ripple effects on global markets, including India. With the help of Kunal Sodhani, Vice President, Global Trading Centre, FX & Rates Treasury at Shinhan Bank, Paras Jasrai, Senior Economic Analyst at India Ratings & Research - A Fitch Group Company, and Anindya Banerjee, Group Chief Financil Officer at ICICI Bank, this discussion explores the impact of interest rate changes in Japan on the Indian rupee's volatility (emphasizing the role of RBI's intervention in managing its value), the potential future movements of the rupee, the challenges posed by global volatility, the importance of maintaining low currency volatility amidst shifting economic conditions and much more. For more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

On Episode 359 of The Core Report, financial journalist Govindraj Ethiraj talks to Deven Choksey, veteran market analyst and managing director of DRChoksey FinServ as well as Vivek Kumar, economist at QuantEco Research.SHOW NOTES(00:00) Stories Of The Day(06:07) Markets fail to hold gains once again though three fourths of globally carry trade removed(08:39) Will Indian markets get rerated to new levels?(17:59) RBI holds interest rates again, which direction is it heading?(28:34) How slowing demand for Chinese homes is hitting India’s steel industryListeners! We await your feedback....For sponsorships and brand studio engagements, contact shiva@thecore.inFor more of our coverage check out thecore.inJoin and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

On Episode 358 of The Core Report, financial journalist Govindraj Ethiraj talks to Gaurang Shah, Head Investment Strategist at Geojit Financial Services as well as Uday Ved, partner – tax services at KNAV.SHOW NOTES(00:00) Stories Of The Day(01:00) Indian markets track global recovery, poised to gain further(02:23) The rupee falls again, closes in on Rs 84 and the RBI steps in(03:52) Where are the Indian stock markets right now and how investors are still pouring in(13:33) The Government relents on taxes on sale of property, other fine print that matters(21:10) Sales of hybrids/EVs overtake all vehicle sales in China for the first timeListeners! We await your feedback....For sponsorships and brand studio engagements, contact shiva@thecore.inFor more of our coverage check out thecore.inJoin and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

On Episode 357 of The Core Report, financial journalist Govindraj Ethiraj talks to Karan Taurani, senior vice president and consumer industry analyst at Elara Capital.SHOW NOTES(00:00) The Take: The Power of Doing Nothing(06:36) The stock markets fail to track global market recoveries, poised to stabilise(08:39) The rupee hits a fresh low(09:53) If you had invested in Sovereign Gold Bonds in(11:14) The latest GST tax target; foreign airlines(12:35) How pizzas are now India’s favourite fast food though competition is risingListeners! We await your feedback....For sponsorships and brand studio engagements, contact shiva@thecore.inFor more of our coverage check out thecore.inJoin and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

On Episode 356 of The Core Report, financial journalist Govindraj Ethiraj talks to Deepak Shenoy, Founder of Capitalmind, a Sebi registered portfolio manager as well as Abid Hassan, CEO of Sensibull.SHOW NOTES(00:00) The Take: Jobs and Youth(03:14) The Markets Crack 2,223 points and could fall further(04:57) Japanese stocks sees highest fall since 1987.(06:06) Oil prices slide and so does gold.(07:33) Will Indian markets follow global cues all the way down or delink?(27:34) Indigo finally launches business classListeners! We await your feedback....To collaborate with our Core Brand Studio contact shiva@thecore.inFor more of our coverage check out thecore.inJoin and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube