The company is shifting from a consumer-focused model to a wholesale model. While employees leave in droves and sellers and fulfilment-centre partners stare at huge unsold inventory, will Vijay Shekhar Sharma’s new pitch work?
The company is shifting from a consumer-focused model to a wholesale model. While employees leave in droves and sellers and fulfilment-centre partners stare at huge unsold inventory, will Vijay Shekhar Sharma’s new pitch work?
Envisaged as a due-diligence measure, credit committees eventually got diluted, becoming a means to shirk individual responsibility. Also, there is a ring fence that shields credit-committee members from future criminality, as they sanction loan proposals only at the final stages.
The Swedish slayer of unwanted calls and messages is going on a frantic expansion drive in India, including a lending business. Is it biting off more than it can chew?
Delays in project execution and payments, financial-closure hiccups, and a credit-market dry spell are creating roadblocks for the company, which was at the forefront of the Bharatmala highways project merely a year ago.
WhatsApp wants to be “seen” as solving the misinformation problem. But it may not succeed before the Indian general elections get underway. Expect 2019 to be a rough ride.
Auteurs and authors have milked the Mumbai underworld, but the maximum city’s top private eye is yet to take stage.
China can’t stop hacking, and the US can’t digest the emergence of Chinese tech prowess. With its latest move, the Trump administration wants to kill two birds with one stone — wrest a favourable trade deal and stop the march of Chinese tech.
They are up against an aggressively fast, well-capitalised unicorn. But abundant supply of properties and hotel partners’ need for alternatives mean there is hope for Oyo’s competitors.
Naresh Goyal is scrambling to stitch a deal to save Jet Airways and its staff. But with mounting debt, higher crude prices and a weaker rupee pinching, he may find the going tough.
Several Himalayan states are moving aggressively on allowing marijuana cultivation for medicinal purposes. But stubborn taboos and regulatory hurdles will have to be weeded out before the super plant can be put to work.
