🔐 India vs. Israel in Cybersecurity

PLUS: Adani vs. Aditya Birla

Good morning. Eid Mubarak to all those celebrating 🌙 🎉 

- Ruchirr Sharma & Shatakshi Sharmaa  

TABLE OF CONTENTS

MARKETS

🇮🇳 India

indicates per gram rate in Delhi | Stock data as of market close 28/03/2025

  • Indian markets ended lower on the final trading day of FY25. IT and auto stocks dragged indices down, while FMCG and oil & gas sectors outperformed. Volatility persisted amid weak global cues and tariff worries.

🌍️ International

Stock data as of market close 28/03/2025

  • US markets suffered another significant decline amid fears of rising inflation and slowing economic growth due to global trade tensions. Lululemon's revenue warning and President Trump's auto tariffs added to investor concerns

CYBERSECURITY

Source: Financial Times

Israel's cybersecurity sector has gained global attention, highlighted by Google’s $32 billion acquisition of Wiz—a startup founded just four years ago. In contrast, India is yet to produce a cybersecurity giant of similar stature, despite facing comparable security challenges.

Why Israel Leads:

  • Government Support & Military Synergy: Programs like Talpiot integrate military expertise, academic research, and startups, creating a pipeline of cybersecurity entrepreneurs.

  • Investment Magnet: Israeli startups attract significant global funding, enabling them to scale rapidly.

  • Early Adoption of Innovation: Israel’s cybersecurity ecosystem is deeply intertwined with national security, fostering continuous R&D.

India’s Challenges:

  • Reliance on Foreign Firms: The Indian government often prioritizes foreign cybersecurity solutions over domestic alternatives.

  • Immature Market: Businesses focus on cost-cutting rather than advanced security, limiting opportunities for Indian startups.

  • Lack of a Robust Ecosystem: No structured program like Israel’s military-academic-industry model to nurture cybersecurity talent.

What India Needs to Do:

  • Incentivize Local Startups: Provide policy support, funding, and government contracts.

  • Invest in Cybersecurity Education: Establish elite training programs similar to Talpiot.

  • Encourage Collaboration: Strengthen ties between academia, industry, and government to boost innovation.

Overall: India needs to transform its cybersecurity landscape, reducing dependence on foreign firms while fostering a thriving domestic industry. Here’s hoping for this to happen soon!

Read more: Economic Times

BUSINESS

🤼‍♂️ Adani vs. Aditya Birla

Source: EIDE

The ₹80,000 crore Indian wires and cables industry is set for intense competition as two corporate giants, Aditya Birla Group and Adani Group, enter the market after their rivalry in cement.

UltraTech Cement, a subsidiary of Aditya Birla Group, plans to invest ₹1,800 crore over two years to establish a presence in the wires and cables sector. This move aligns with its strategy to diversify into building materials, complementing its existing range of construction-related products.

Adani Enterprises, through its subsidiary Kutch Copper Limited, has partnered with Pranita Ventures to form Pranita Ecocables Limited. The venture will leverage Adani’s existing copper business, a crucial raw material in cable manufacturing.

Market Impact & Industry Shake-up:

  • The sector has been growing at 13% CAGR between FY19 and FY24, making it an attractive market for new entrants.

  • Stocks of established players like Polycab India, KEI Industries, and Havells fell following the announcements, signaling market concerns over rising competition.

  • UltraTech’s expansion is seen as a strategic push for a complete building materials ecosystem, while some analysts question whether capital should be focused on its core cement business.

Overall: With two of India’s biggest business groups entering the wires and cables industry, the sector is poised for an overhaul, bringing competitive pricing, product innovation, and market consolidation in the coming years.

Read more: Economic Times

GENERAL OVERVIEW

🗞️ Bite-sized summaries

Source: deepseek

🇮🇳 India Initiates Regulatory Reforms to Enhance Business Environment - In a move to bolster the ease of doing business, the Indian government is establishing a high-level committee to review and streamline regulations, certifications, licenses, and permissions in the non-financial sector. Announced in the Budget 2025-26, this initiative aims to strengthen trust-based economic governance and modernize regulatory frameworks to align with technological advancements. The committee is expected to provide recommendations within a year. Additionally, an Investment Friendliness Index will be introduced to encourage states to foster investor-friendly environments through competitive federalism.

🤖 DeepSeek Surpasses ChatGPT - Chinese AI startup DeepSeek has become the fastest-growing AI tool, surpassing ChatGPT in new monthly visits. In February 2025, it recorded 524.7 million new visits, exceeding ChatGPT’s 500 million. While still the third-largest AI tool, its market share grew from 2.34% to 6.58%. India contributed 43.36 million visits, ranking fourth in traffic sources. With AI tools attracting 12.05 billion visits globally, DeepSeek's rise signals shifting industry trends and increasing competition in the AI landscape.

HEADLINES

🧑‍🍳 What else is cookin’?

What’s happening in India (and around the world 🌍️)

CULTURE

🍿 Entertainment, Entertainment, Entertainment

SourceL Google

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That’s all for today folks - have a lovely day and we’ll see you tomorrow.