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Rebuilding Adani Group
CURRIED • THE RECENT SPIKE IN THE PRICES OF CERTAIN VEGETABLES AND SPICES HAS SHAKEN KITCHEN BUDGETS ACROSS HOUSEHOLDS. HERE’S A LOOK AT WHAT COSTS HOW MUCH
CAPITAL CHARGE • Capital goods players have emerged as the shining stars of the equity market in the recent past. Thanks to the government’s emphasis on infrastructure development, these players have seen tremendous growth in their order books. The subsequent softening in interest rates after the pandemic buoyed their balance sheets as well. Analysts believe order books will remain healthy in the run-up to the general elections, and expect this to be reflected in the firms’ bottom lines. A look at the numbers:
GUARDED OPTIMISM • The BT-C Fore Business Confidence Index is at a five-quarter high. The economy may do better than expected in FY24, but muted global growth is a concern
Division Boost • By demerging its hotels business, ITC hopes to boost its capital allocation and profitability
ROOM FOR GROWTH
CHALLENGES APLENTY • Indigenous payments solution UPI is looking to increase its global footprint. But there are many issues it must address
Specialised Play • With investment plans of $400-500 million in the next five years, AHH is doubling down on its single specialty healthcare business
A POWERFUL SIBLING • Jio Financial Services, RIL’s newly-carved-out entity, will be the third-biggest NBFC in town post listing
Regulating Big Tech • Panel on digital competition law to submit report by next month; demarcation of MeitY and MCA’s roles will help in regulation
Charging Ahead • With £4 billion in investments to set up a battery cell gigafactory in the UK, Tata group is ramping up its EV play
LET’S MINE LITHIUM
AFTER THE STORM • SIX MONTHS AFTER A HINDENBURG REPORT LED TO A MELTDOWN IN ADANI GROUP STOCKS, THE CONGLOMERATE IS TRYING TO STRIKE A BALANCE BETWEEN GROWTH, CAPEX AND DELEVERAGING ITS DEBT
THE BIG DELEVERAGING • Equity dilution gathers steam at Adani Group
WHAT HASN’T CHANGED
‘TIME TO GO FULL THROTTLE’ • Rajiv Jain, Chairman and CIO of GQG Partners, reveals the thinking behind investing in the Adani Group
FINTECH AND PLATFORM INNOVATION EXPLAINED, ODESSA STYLE • Technology is at the heart of everything we do today, revolutionizing all industries, including financial institutions. The fintech revolution has been a game changer, both from the point of technology and creating differentiated customer experiences. It has completely transformed how enterprises scale, operate and serve their customers.
Mukhyamantri Seekho-Kamao Yojana: Skilling the Youth for Prosperous Madhya Pradesh • Hon’ble Chief Minister Shivraj Singh Chouhan is determined to transform Madhya Pradesh into the most competitive and vibrant State in all spheres of development by harnessing potential of ‘Yuva Shakti’. In line with his vision and commitment, Mukhyamantri Seekho Kamao Yojana, was announced with an objective to provide skill development and stipend to the youth, via one of a kind “Learn and Earn” model, making them employable and equipped in joining the mainstream economic development.
RUSH HOUR • AS UBER AND OLA GRAPPLE WITH A DRIVER SHORTAGE IN THE AFTERMATH OF COVID-19 AND SHIFT TO A PROFIT-FIRST APPROACH, NIMBLE NEWCOMERS HAVE ZOOMED IN TO CAPITALISE ON THEIR INEFFICIENCIES, RESHAPING URBAN TRANSPORT IN THE PROCESS
‘It is in India’s own interest to keep the data flows open’ • Nick Clegg, President of Global Affairs at Meta, talks about the importance of artificial intelligence,...