Homegrown car manufacturer Tata Motors’ foray into electric vehicles (EVs) and becoming a market leader, is a story of catching a trend early. The company understood quite early that electrification was the future, and put the necessary resources into it, and the benefits of which it is reaping now. In 2023, the company had over … Read more
In an exchange filing last week, information technology giant Infosys disclosed that it received orders from the Income Tax Department for assessment years 2008 to 2019. The company anticipates a refund of Rs 6,329 crore, inclusive of interest. Such a huge payout could signal a significant financial boost for the company and impact its future … Read more
The recent regulatory action by the Reserve Bank of India (RBI) against Paytm Payments Bank, the digital lending division of fintech giant Paytm, has put the payment bank model in India under the spotlight. In 2015, the RBI had initially granted licences to 11 payment banks. However, after eight years, only five of them are … Read more
The recent regulatory action by the Reserve Bank of India (RBI) against Paytm Payments Bank, the digital lending division of fintech giant Paytm, has put the payment bank model in India under the spotlight. In 2015, the RBI had initially granted licences to 11 payment banks. However, after eight years, only five of them are … Read more
Books, newspapers, TV, cinema theatres… it would seem the Grim Reaper internet has come to collect the remnants of everything that once made up mass media. In all these, radio is perhaps what most would consider a relic of a bygone era. The numbers show it too. Consulting firm EY estimates in its latest report (pdf) on … Read more
This is part two of a two-part series on the growth of Tata Motors and Hyundai Motor India. Read part one here. Tata Motors has been the unexpected winner of the electronic vehicle (EV) game in India, something that has come as a surprise to many including its competitors. “I remember when we used to … Read more
This is part one of a two-part series on the growth of Tata Motors and Hyundai Motor India. In August 1998, a new series of advertisements hit Indian TV screens. They showed a mysterious Asian man, “Mr Kim”, trying to convince actor Shah Rukh Khan to advertise his company’s new car in India. “Why me?” … Read more
What does it take to make parts for commercial aircraft? The question couldn’t be timelier. As Boeing, once an American manufacturing icon, grapples with regulatory scrutiny, criminal investigations, and loss of confidence, the spotlight is widening to its supplier-partners too. Spirit AeroSystems, itself undergoing Federal Aviation Administration audits, is one such. The result is a … Read more
In March, the Indian stock market recorded a significant correction in mid-cap and small-cap stocks. The benchmark Nifty 50 returns for the month have also been subdued. This downward pressure on mid-cap and small-cap indices follows concerns raised by the market regulator, the Securities and Exchange Board of India (SEBI), regarding the accumulation of ‘froth’ … Read more
On March 14, the world’s most valuable company, Apple, settled a class action lawsuit filed by a bunch of irate investors who alleged that CEO Tim Cook misled them about the company’s performance. It agreed to pay $490 million as a settlement. The trigger was a November 2018 earnings call where Cook suggested that while … Read more