Analysts assume that a startup will turn around in the future, even if the present isn’t great. But then the hope only keeps rolling over. Take Uber. Year after year, analysts keep forecasting that the 10-year-old company will break even in another five years.
Analysts assume that a startup will turn around in the future, even if the present isn’t great. But then the hope only keeps rolling over. Take Uber. Year after year, analysts keep forecasting that the 10-year-old company will break even in another five years.
Much better-cared for than their peers in other airlines, the staff of Jet Airways continued to serve, even without salaries, till its last flight on the night of April 17. With no end in sight to that long night, they now find themselves caught between the family they have to feed and the one that gave them everything.
Markets can see into the future. Despite a strong show, DMart’s stock has been losing steam of late. While early signs of margin pressure and sluggish profit growth are to blame, the retailer needs to focus more on new and lucrative segments to stay in the game.
Over the past 24 months, personal loans taken to fund travel are on a tear. While the lending industry sees this a low-risk, profitable segment, are we staring at a credit bubble?
In 2012, Canadian research firm Veritas had penned a report that questioned corporate-governance practices at various Indiabulls companies. The group responded with a criminal complaint against the two authors, even getting one arrested, besides launching a broadside against Veritas. The Delhi High Court has found it “extreme” and “clearly not called for”.
A war has broken out between airlines looking to feast off the prime slots left vacant by the suspended airline. ET Prime’s investigation shows how Singh has managed to eke out favourable decisions from DGCA with uncharacteristic speed. The endgame: exploit the vacuum in the market to dent IndiGo’s dominance.
The PDF file in a complaint sent by one Jamie Jones in June 2017 and another attachment from a September 2017 e-mail by Daniel Mark could be traced to an employee in the rival’s communications department. Sebi orders asking the NSE to disgorge INR1,000 crore do not address the issue, neither has the agency been able to demonstrate any of the bombastic allegations made in the complaints. According to Central Vigilance Commission guidelines, pseudonymous and anonymous complaints are only supposed to be filed and not proceeded against.
An ET Prime investigation indicates that there may be more to the controversy than meets the eye. The farmers PepsiCo had sued for patent infringement have links to a number of local snacks brands. It may be another example of Pepsi locking horns with regional players to protect its share in the snacks market, particularly in potato chips.
Going easy on the two key segments — razors and deodorants — they are focusing on niche, premium-priced, urban products for beards, moustaches, skin, and hair. The big challenge: getting men to sport a beard, and pay for it.
The Modi government needs Chinese FDI in high-end electronics to give a giant push to Make in India and Digital India, its pet programmes. But the Chinese have flouted the spirit of FDI policies to invest in low-end manufacturing units, making India a dumping ground for their products.
