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Sounak Mitra

Associate Editor

Moneycontrol

Sounak Mitra is an Associate Editor, Moneycontrol. He has been writing on corporate issues and policy for more than 15 years, having previously worked with Mint, Business Standard, Mergermarket, The Telegraph and The Times of India.

E-commerce | Scrutiny or not, it is time India’s e-commerce companies check deep discounting

STARTUP

E-commerce | Scrutiny or not, it is time India’s e-commerce companies check deep discounting

If online commerce companies keep on burning investors’ cash, a flop-show similar to WeWork may be from India’s e-commerce sector.

Startup Corner | India’s online grocery may be a low-hanging fruit for Uber’s Cornershop. If it can burn cash

COMPANIES

Startup Corner | India’s online grocery may be a low-hanging fruit for Uber’s Cornershop. If it can burn cash

From cab aggregation to food delivery, Uber has always seen fast growth in India. Online grocery may be no different if it manages to find the right operating model.

Opinion | IUC backpedaling another instance of regulatory instability

TELECOM

Opinion | IUC backpedaling another instance of regulatory instability

It is time India’s telecom regulator takes a stand to stick to its decisions, deferring it only raises doubts

Shared Mobility | CCI questions Hyundai-Kia’s proposed $300-million investment in Ola. What next?

AUTOMOBILE

Shared Mobility | CCI questions Hyundai-Kia’s proposed $300-million investment in Ola. What next?

If CCI blocks Hyundai-Kia’s investment in Ola, M&M’s acquisition of 55 percent stake in Meru may hit the walls of the antitrust watchdog.

WeWork Debacle | A wake up call for not just Softbank, but Indian startup founders and their investors too

COMPANIES

WeWork Debacle | A wake up call for not just Softbank, but Indian startup founders and their investors too

A look at Masayoshi Son’s investments in Indian startups like Oyo and Ola would show Softbank’s inclination to invest at inflated valuations. It is time startup founders and their financial backers stop bluffing

Startup corner | Oyo new Softbank darling after WeWork setback. Should it be cautious?

BUSINESS

Startup corner | Oyo new Softbank darling after WeWork setback. Should it be cautious?

Softbank-invested WeWork’s IPO hit a bump due to valuations that seemed too high. A share buy-back by founder helped Oyo’s valuation jump three-fold within a year.

E-commerce | CCI lens on deep discounting could be a double-edged sword

BUSINESS

E-commerce | CCI lens on deep discounting could be a double-edged sword

Deep discounts or not brick-and-mortar retailers may always find reasons to blame online retailers for eating into their businesses. But if done well, the CCI intervention could ensure fair trade practices.

Carpooling | Regulations alone may not make car owners share their ride

AUTOMOBILE

Carpooling | Regulations alone may not make car owners share their ride

In India, carpooling will find mass acceptance only with the help of sufficient incentives

The Screen Test | Apple TV+ pricing is a killer, but it needs to figure out localisation fast

BUSINESS

The Screen Test | Apple TV+ pricing is a killer, but it needs to figure out localisation fast

The iPhone maker’s Rs 99 subscription plan for Apple TV+ could be a competition killer only if it can feed Indian consumers with local language content

Jack Ma’s retirement from Alibaba — End of an era, or is it just the beginning?

BUSINESS

Jack Ma’s retirement from Alibaba — End of an era, or is it just the beginning?

Retirement or not, Ma has his control, and he’ll always retain his power. A formal retirement and a relief from administrative duties would give him the chance to build his legacy beyond Alibaba as a do-gooder.

Startup corner | Paytm needs to sharpen its focus to make its IPO dream come true

COMPANIES

Startup corner | Paytm needs to sharpen its focus to make its IPO dream come true

Mounting losses and expansion into several business areas could derail India’s first profit-making payments bank. For mobile wallet Paytm, banking could be its best pathway to an IPO

Shared Mobility | Can Meru help M&M build its service vertical strong enough?

BUSINESS

Shared Mobility | Can Meru help M&M build its service vertical strong enough?

M&M started tapping the services space earlier this year, probably because it realized selling cars may not be enough to sustain growth. The Meru deal is a big leap in that front.

Retail Reform | Easier norms for single brand FDI could change India’s retail landscape

COMPANIES

Retail Reform | Easier norms for single brand FDI could change India’s retail landscape

Relaxing local sourcing norms will encourage more retailers, while local producers will be forced to be competitive in the global marketplace of sourcing

Retailing | Why Ikea is tweaking its India strategy

COMPANIES

Retailing | Why Ikea is tweaking its India strategy

After a little more than a decade, IKEA has probably understood one thing about India – it needs to be flexible to do business in a nation with 1.3-billion population.

Chart of the Day | With tender and order finalisation on slow lane, investment won’t pick up soon

BUSINESS

Chart of the Day | With tender and order finalisation on slow lane, investment won’t pick up soon

There has always been a lag of 2-3 months between tendering and order finalisation. So, a cascading effect of the declining trend is unavoidable at least for a quarter or so.

Startups | Differential voting rights could light a funding spark for successful tech entrepreneurs

BUSINESS

Startups | Differential voting rights could light a funding spark for successful tech entrepreneurs

The ability to issue differential voting rights shares gives startup founders more room for raising funds without losing control.

Startup troubles | End of the road for angel tax?

BUSINESS

Startup troubles | End of the road for angel tax?

Will relaxing angel tax rules encourage domestic capital inflows into startups? May not happen immediately but one more option is now on the table.

E-commerce: consumer protection was an article of faith but now it gets teeth

BUSINESS

E-commerce: consumer protection was an article of faith but now it gets teeth

The government has proposed guidelines on consumer protection that will be made applicable to e-commerce companies. Bigger players should have no problem implementing them

Digital tax | India wants to fix loopholes in the law to tax local income of global tech giants, before it is too late

BUSINESS

Digital tax | India wants to fix loopholes in the law to tax local income of global tech giants, before it is too late

Companies like Google, Facebook and Twitter, among others do not pay tax on income generated locally, including that from advertising revenue, as they do not have permanent establishments. But, that’s going to change soon.

Talk time | Apple is hardselling privacy for iPhones. What’s the big deal?

BUSINESS

Talk time | Apple is hardselling privacy for iPhones. What’s the big deal?

Not often you see Apple going that extra mile to tom-tom its track record on data security. So, is there more to it than meets the eye?

What’s cooking | Amazon’s interest in Uber Eats may go beyond food

BUSINESS

What’s cooking | Amazon’s interest in Uber Eats may go beyond food

The retail big shot is leaning heavily on what it has been good at – delivery. But food is a different proposition altogether.

The Screen Test | Will Netflix’s mobile-only gamble pay off in India?

BUSINESS

The Screen Test | Will Netflix’s mobile-only gamble pay off in India?

The entertainment firm is going for the kill. But building loyalty is not easy, especially in a market as vast as India

Startup Corner | ShopClues' woes point to a bigger malaise unfolding in venture world

BUSINESS

Startup Corner | ShopClues' woes point to a bigger malaise unfolding in venture world

The famed startup story is showing cracks. Once a leader in unbranded products, ShopClues is an example of how lack of foresight and complacency can affect a business

Testing waters: Can co-working be the lucky mascot for Oyo?

BUSINESS

Testing waters: Can co-working be the lucky mascot for Oyo?

Co-working as a business model is getting all the attention. But Oyo has to deal with a tough challenge from the likes of WeWork

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