There have been some positive developments in a few companies, but that alone does not justify the sharp re-rating in multiples, says MD of Kotak Institutional Securities
The ekatvam advertisement for Tanishq jewellery, which is now in the eye of the storm, carries forward one of the features that formed the outline for Titan’s advertising in the 1990s — that of capturing the moment of gifting with the attendant emotion of being gifted something so special
Earlier, the experts wrote that Indian banking is mainly about regulatory activism and near absence of shareholder activism. It is good to see emergence of shareholder activism in most unlikely of organisations: old private sector banks
A selection of articles and social media gems from the world of economy, business and finance
United relies far more than its rivals on international travel, which is deeply depressed and is expected to take far longer than domestic travel to bounce back
The recent rise in poverty has occurred despite an improving job market since May, an indication that the economy has been rebounding too slowly to offset the lost benefits
Now that the Vedanta delisting process has ended, investor attention may turn to the business
Infosys reported highest ever large deal wins last quarter. The company is gaining market share even as clients cap overall IT spends
If we take the IMF’s figures for gross domestic product per capita at constant prices, measured by purchasing power parity using 2017 international dollars, then Bangladesh’s per capita income in 2020 is 83 percent of India’s.
North Block’s latest move on compensation should ensure that states’ normal borrowing is not compromised
The trend of a rising China and a declining US is expected to continue, despite the strenuous efforts of US politicians
Although investors have recently voted out the CEOs of two banks, they have yet to take a stand on promoter CEOs in the corporate sector. Even so, there are instances where the long-term interests of the company will be better served by a leadership change. Investors have been shy in rocking the boat — they should not be
If rules change under a Biden administration, it could accelerate capital flows into the sector
Americans are willing to wait hours, if not even days, queuing up outside stores for the latest version of the iPhone or the newest iteration of Nike’s kicks — that patience and purpose suddenly becomes a burden when it comes to performing a civic duty
Many of Biden's ideas carry echoes of Roosevelt’s New Deal vision of the robust role the US government should play in helping the nation recover from a crisis
At the same time, pausing a vaccine trial is a huge logistical challenge — especially for one like Johnson & Johnson’s, with plans for 60,000 volunteers in 10 countries
Brushing complaints about judicial misconduct under the carpet only gives the executive a lever to influence judges, and by extension, judgments
Under the best case scenario, energy demand returns to pre-pandemic levels only by 2023
Certainty on interest rate path by RBI and clarity that the government will not risk more borrowing than committed are immensely helpful
The IMF’s fiscal monitor estimates India’s overall fiscal deficit to be 13.1 percent of GDP in FY21 and to remain above 10 percent till FY23
Beijing fears Trump triumph will further sour relations, but Biden victory could pose tougher long-term challenges
Wipro’s new CEO outlines a 5-point plan to narrow the growth gap with industry leaders. While the earlier CEO also set out a similar plan, execution was tardy
The Congress in Bihar is a lifeless entity with a moribund organisation. The audacity of the Congress to wrest 70 seats in the ‘Mahagadbandhan’ is purely on account of its delusions of grandeur
Conglomerates thrive on using their cash cows to fund new growth areas but every strategy has its limits
By allowing 20 states to borrow more to meet GST compensation shortfall, the Centre seems to have encroached on the turf of the apex decision-making body
