The Reading List: October 29, 2021
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
COP26 | Who will finance loss and damage?
The contentious issue of funding loss and damage is no longer on the official negotiating agenda for COP 26, but that has not deterred the group of 45 nations, including civil society, from renewing their call for funding for loss and damage at the summit
In Bihar, Congress aims to revive its prospects
Congress breaks ties with the RJD in Bihar to rejuvenate its organisation ahead of 2024 general elections, and this could jeopardise the efforts to put up a united front against the BJP
Moneycontrol Pro Panorama | What tilted the scales in Shaktikanta Das’ favour?
In today’s edition of Moneycontrol Pro Panorama: IRCTC maths, IndiGo aims big, the Weekly Tactical, Fino IPO, time for carbon tax and more
Chennai Super Kings (not out) Rs 7,240 crore. N Srinivasan c Supreme Court b Analysts
Chennai Super Kings' valuation has purportedly crossed Rs 7200 crore, It is higher than the Rs 6410 crore of its erstwhile parent India Cements Ltd
The climate won’t wait. We need a carbon tax now
A carbon tax sends a signal along all those supply chains, nudging every decision towards the lower-carbon alternative
Interview | We see green shoots in private capex, a key part of our business: Venu Nuguri of Hitachi Energy
Hitachi Energy is aiming to reach a double-digit operational EBITDA margin in the medium term, says MD and CEO
How the politics of central bank appointments is getting interesting again
After pandemic-related developments, the focus appears to be shifting to central bank governors who are stepping down or getting reappointed
Maruti's reluctance in electric vehicles: Does it hint at fear of losing market share?
Is Maruti’s reluctance to commit itself substantially to EVs a sign that it reads the future differently from others? Or does it represent the company’s reluctance to risk losing its dominance in cars based on internal combustion engines ?
SBI Life takes bigger COVID-19 hit, but sees stronger business momentum
HDFC Life and ICICI Pru Life have sounded cautious about retail term insurance. However, SBI Life sees no major constraints in expanding the business
Govt diktat on IRCTC -- penny wise, pound foolish
The government’s action in taking away half of the convenience fee levied by IRCTC underlines the risk in public sector companies
Last chance for humanity to save itself from climate catastrophe
The task before COP26 is to ensure that carbon emissions are cut by at least 40 per cent by 2030 to ensure that global warming is restricted to 1.5 degrees Centigrade
Supply constraints an opportunity for fundamental change at companies
Companies must utilise the global supply crunch to come up with innovative solutions, just as they did during the worst phase of the pandemic
Pastries and Persuasion: How a global tax deal got done
From Zoom meetings to top-notch tax experts, US Treasury Secretary Janet Yellen tapped all possible resources to win over the reluctant countries
Brands need to stop woke washing
Brands may choose to roll back their campaigns or stand their ground, and their response is often a good indication of their conviction on the depth of their belief about the campaign
Manufacturing | India needs to leapfrog China with intelligent, adaptive robots
Investing in standard automation will not work when China has had a headstart for decades. China’s manufacturing labour productivity is 4-5 times higher than that of India. This is mainly due to their investments in robotics and automation over the years
Moneycontrol Pro Panorama | IPOs sparkle on the Street ahead of Diwali
In today's edition of Moneycontrol Pro Panorama: Nykaa IPO hits a sweet spot, orders do the talking at L&T, ITC’s recovery pushes ahead, threat to textile hopes, sticky fossil fuel prices and more
Embrace high fossil fuel prices because they are here to stay
Rising energy costs are needed to help curb demand, making the transition to a cleaner world easier
Why ITC can’t seem to make investors happy
ITC’s cigarettes business delivering higher sales growth than its FMCG business was good news. Why that was not enough to cheer investors
All lives matter, even in cricket
From pouncing on Mohammed Shami for India’s defeat against Pakistan, to Quinton de Kock refusing to take the knee, cricket is suddenly in the news for the wrong reasons
Dr Lal Pathlab – Suburban Diagnostic deal - a marriage made in a Petri dish
Inorganic growth in this sector has been the norm across the globe, and most countries in the developed world have 5-6 large players dominating the space
Exports hold up for agri-inputs providers, inputs key constraint
Sharda Cropchem reported impressive sales in the September quarter while commerce ministry data show continuing positive momentum in exports of agriculture sector tyres
IRB Infra’s fundraise peeves investors, but brightens prospects for road projects
The steep equity dilution has upset investors, but the deal will halve the standalone company's debt and bring two well-known infrastructure players on board
Textile dreams run the risk of fraying easily
PM MITRA and PLI schemes are long-term initiatives and may not be enough to reach $100-billion textile exports goal in five years
