For our final episode: Education start-up Byju’s quickly became the pride of India during the Covid-19 pandemic. But almost as fast as the company rose, it collapsed. The fallout has already resulted in millions of dollars’ worth of US court sanctions and allegations of witness tampering. The FT’s Mumbai bureau chief Chris Kay has been following the legal drama and examines what Byju’s demise means for India’s burgeoning technology sector.

Clips from Byju’s, US Bankruptcy Court - District of Delaware

The FT does not use generative AI to voice its podcasts.

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Thank you for listening to Behind the Money!

You can stay in touch with host Michela Tindera on X (@mtindera07) and Bluesky (@mtindera.ft.com), follow her on LinkedIn, or email her at michela.tindera@ft.com.

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For further reading on this episode:

A fallen Indian tech star and the hunt for its missing millions

‘Screaming into a hurricane’: the fall of India’s most valuable start-up Byju’s

How a teaching app feted by Silicon Valley was left chasing the Indian dream

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

After years of fast-paced growth, private credit is facing intense scrutiny. In recent months, investors have made requests to withdraw billions of dollars from the $2tn sector’s funds. The FT’s US private equity and deals editor Antoine Gara and US investment editor Eric Platt explain how we got to this critical moment, and what may be next for this pocket of Wall Street.

Clips from Bloomberg, CNBC, Fox Business, JPMorgan, US Federal Reserve

The FT does not use generative AI to voice its podcasts.

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For further reading:

Retail investors pull billions from private capital’s credit gold mine

Wall St underestimates private capital problems, says top credit hedge fund

Private credit’s game of footsie is getting riskier

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Follow Antoine Gara on X (@AntoineGara) and Bluesky (@antoinegara.bsky.social). Eric Platt is on X (@ericgplatt) and Bluesky (@ericgplatt.ft.com). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

This week, we are revisiting a favorite episode. The natural diamond industry is facing an existential threat: lab-grown diamonds. They are chemically and physically identical to natural stones but they are a fraction of the price. Eleanor Olcott, the FT’s China technology correspondent, travelled to the epicentre of lab-grown diamond production in the central Chinese province of Henan to see how they are made. While the FT’s natural resources editor, Leslie Hook, explores what the sale of De Beers, the natural diamond producer, could mean for the future of the sector.

This episode originally aired on September 10 2025.

Clip from Arnold Worldwide

The FT does not use generative AI to voice its podcasts.

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For further reading (updated):

How the diamond industry lost its sparkle

The sparkle is fading in Africa’s diamond heartland

De Beers likely to be sold to consortium, Anglo chief says

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Follow Leslie Hook on X (@lesliehook) and Eleanor Olcott on X (@EleanorOlcott). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.