Luxury & Lifestyle
Ramesh Ramadurai, Managing Director, 3M India
A lot is happening in the passive fund arena as new-age mutual fund houses—and also some of the traditional ones—eye the passive space to attract investor attention and their monies. Is passive really a better bet or just smart packaging?
The Union Minister of State for Electronics and IT talks about the government’s vision for semiconductor manufacturing
Maruti's sales declined in all maior segments-mini, compact and SUV. FADA attributes it to a subdued demand for entry-level cars as "customers continued to conserve money due to their family's healthcare needs” In India, heavy selling by FIIs has added to the anxiety The Competition Commission of India has now suspended its own approval of the 2019 deal, charging Amazon of “making false and incorrect statements” Ambani owns a broadcasting network—Viacom18, which recently picked up the La Liga rights—an OTT brand and a huge telecom play Market veteran Raamdeo Agrawal states that five-six of the top 10 wealth creators in the next 10 years would be digital firms Citi has assets of Rs 2.16 lakh-plus crore; net NPAs and profit and business per employee far superior to private banks Outbound shipments in November were at a low of $30.04 billion; inbound shipments at $52.94 billion meant the gap widened to $22.9 billion “The better-than-expected tax collections are a result of improved economic outlook, better enforcement and easier compliance”
Birla’s flagship retail company, Aditya Birla Fashion and Retail Limited, will now distribute and sell Reebok products in India and Asean nations across formats Leena Nair takes charge as Chanel’s global CEO at a challenging time The much-awaited IPO of Go First (formerly GoAir) on December 8 did not materialise, putting the Nusli Wadia-backed company’s plans in abeyance From unlocking value through the demerger of its non-cigarettes FMCG and hotels business to a possible listing of ITC Infotech, the Sanjiv Puri-led company has a slew of measures planned US Federal Reserve Chairman Jerome Powell, who has got a second four-year term, now wants to retire the word ‘transitory’ for higher inflation
Investors should stop thinking of what could go wrong and focus on what they can map with some degree of confidence
Neeraj Kanwar, Vice Chairman and Managing Director of Apollo Tyres, on his company’s focus on sustainability, de-risking as a strategy, Make in India, and much else
Hungry for growth, Raina’s game plan is to create a one-stop financial superstore—an MNC out of India—and he is pursuing that ambition with relentless ferocity, picking up companies along the way
To make India’s textile more competitive, the government launched an ambitious PLI scheme and plans to set up seven mega integrated parks. But are they what the industry wants? Or needs? The shortage of semiconductor chips has hit businesses across sectors. But despite the demand, only a handful of companies have the capability to make them. Where does India stand and why is it so difficult to make them?
Electric vehicles might be costlier than petrol-based ones; but can they save you money in the long run? We find out...