Tech Mahindra bucked IT sector hiring trends in FY21
Tech Mahindra is the only tier-1 IT firm to see a drop in employee base in FY21. The hiring trends are out of sync with its commentary about growth
Need economic plan to counter COVID-19 second wave catastrophe
Blanket lockdowns, of the sort that have been imposed in Delhi and Karnataka, will kill the economy if they continue for any length of time beyond the initial couple of weeks
Still getting your head around digital currency? So are central bankers
Global central banks are experimenting with digital payment offerings, fuelling concerns that the Fed might fall behind the curve
Lack of transparency in pricing is bad for India’s COVID-19 vaccine drive and economy
If such public money has been used in the development of COVID-19 vaccines, there should be enough transparency in the pricing of these vaccines, too
Moneycontrol Pro Panorama | Locked up at homes, Indians save more for a rainy day
In today’s edition of Moneycontrol Pro Panorama: a stock gem, the economy’s silver linings, the stock picking formula, football's Super League self-goal and more
Blackstone’s renewed commitment to Mphasis comes at a crucial juncture
Continuation of Blackstone as the primary shareholder will ensure business continuity at Mphasis whose agreement with an important customer will come up for renewal in 2021
‘It was utter chaos’: the inside story of football’s Super League own goal
The project is a breakaway contest that threatened to disrupt the power dynamics of the world’s favourite sport
How to bridge the credit gap for MSMEs
Fintechs in the MSME lending space need a godfather, like Nandan Nilekani for UIDAI, to coordinate across the various departments and ministries
RBI’s chicken soup for the economy’s soul
The RBI’s state of the economy report enlists Benjamin Franklin, Fyodor Dostoyevsky, Paulo Coelho, Barack Obama, Shakespeare and a host of lesser luminaries to drive home a message of relentless positivity
Shifting trends in capital goods landscape amid COVID challenges
The pandemic will lead to higher automation and digitisation in a host of companies
CEO pay remains stratospheric, even at companies battered by pandemic
The divergent fortunes of CEOs and everyday workers illustrate the sharp divides in a nation on the cusp of an economic boom but still plagued by steep income inequality
Moneycontrol Pro Panorama | There is no scope for errors in vaccination this time around
In today’s edition of Moneycontrol Pro Panorama: a two-part series on how investors should position themselves for the second wave impact, US vaccine imperialism, the long run economic effects of the pandemic, using ESG to bet against angels and much more
Cricket and COVID-19 | Suspending IPL is a hare-brained idea
Calculated risks need to be taken to further open the economy. The Indian Premier League, in that sense, is an example of how big ticket sporting events can be held in the ‘new normal’, for the foreseeable future
ESG rush opens opportunities for betting against the angels
A 2008 paper examined the impact of investor aversion to companies in industries such as tobacco and gambling
Chart of the Day | China will contribute a fifth of global growth this year
India’s contribution to global growth too is forecast to increase, according to IMF forecasts
Much ado about Biden’s vaccine imperialism
India’s vaccine problems will not go away even though the Biden government has agreed to India’s requests for critical vaccine raw material
BJP faces a Catch-22 situation in Karnataka
Karnataka Chief Minister BS Yediyurappa is busy dousing one fire after another since his swearing in 2019. Amid calls for his replacement from a section of MLAs, BJP is caught in a dilemma
Will the second wave leave deeper scars on India's economy?
The IMF and several research papers have said it’s very likely that the pandemic will leave long-lasting scars on the economy
Justice Bobde left a mark, but the legacy has some minuses too
The key deficiency of the Indian legal system is the huge backlog of cases – running into millions before all the courts taken together -- and the resultant denial of justice through delay in delivery
Vax populi — Coordinated planning a must to make inoculation drive a success
If the Centre asks states to fend for themselves in this moment of crisis, it can lead to chaos when demand is set to outstrip vaccine supply
We need to talk about gender roles in Indian households
There is a need for a sensitive conversation about gender roles in every household. The Great Indian Kitchen puts that across succinctly
The Reading List: April 23, 2021
A selection of articles and social media gems from the world of economy, business and finance
Modi’s foreign policy prescience with Cuba could help India's vaccine needs
As Cuba undergoes a leadership change, Narendra Modi’s decision to strengthen ties with Havana early into his prime ministership is likely to pay off
Football or cricket, investors love a profitable league
Fans love their teams and investors love a good performance on the revenue front
Moneycontrol Pro Panorama | How monetary policy will deal with the second wave
In today’s edition of Moneycontrol Pro Panorama: Unravelling the oxygen supply mess, a turnaround case in the FMCG sector, our weekly tactical stock pick and Jack Ma’s changed status
