Author: Anant Kumar
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Amazon’s Struggles in the Indian Market
Amazon’s performance in India has been less than stellar, particularly when it comes to the rapidly growing quick-commerce market. Two years ago, a venture capital firm hesitated to invest in an Indian quick-commerce startup due to concerns that Amazon might…
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Balancing Sustainability and Athlete Satisfaction at the Paris Olympics 2024
The Paris Olympics 2024 has taken significant steps towards sustainability and climate goals, aiming to reduce carbon emissions and promote eco-friendly practices. One of the key initiatives includes cutting average carbon emissions per meal by half compared to previous Olympics,…
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Overtourism – another TMGT (Too much of good things effects)
Context: Recent anti-tourism protests in Barcelona reflect growing discontent with the negative impacts of mass tourism, including increased living costs and housing shortages. Issues Related to Overtourism: 1. Economic Impacts: 2. Social Impacts: 3. Environmental Impacts: Comprehensive Solution : 1.…
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Hyundai’s IPO: A Boost for Indian Businesses and Investors
Hyundai’s proposed public issue involves its Korean parent company selling a 17.5% stake in the Indian subsidiary, raising up to $3 billion. This repatriation of capital is not expected to adversely impact India’s foreign exchange reserves or exchange rate. For…
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Nvidia’s $200 Billion Market Value Drop: A Temporary Setback Amid Strong Fundamentals
Nvidia lost its status as the world’s most valuable company after its shares fell over 6% in two days, shedding more than $200 billion in market value. This drop follows a year-long surge where Nvidia’s stock nearly tripled, making it…
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Reliance in talk for stake in Tata Play
Mukesh Ambani’s Reliance Industries is reportedly in talks to acquire a 29.8% stake in Tata Play from Walt Disney, aiming to strengthen its position in India’s TV distribution sector. Tata Sons holds the majority stake in the satellite broadcaster, and…
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Walmart eying big on India
Walmart has sourced $30 billion worth of products from India over two decades and aims to reach an annual target of $10 billion by 2027, as revealed by Andrea Albright, EVP – Sourcing. The company’s two-day mega sellers’ growth summit…
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Banking on Convenience: New Cards Cater to Specific Needs
IndusInd Bank makes a two-pronged attack on niche markets with its latest credit card offerings. Targeting government employees, the Samman RuPay Credit Card seamlessly blends traditional credit perks with the ease of UPI payments. Expect cashback, reward points, movie tickets,…
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Acquisition News: Sun Pharma Buys Remaining Stake in Taro Pharmaceutical
Sun Pharma is acquiring the remaining 21.52% of Taro Pharma for $347.7 million, gaining full control of the subsidiary. This strategic move strengthens Sun Pharma’s global reach, particularly in the US, and allows for streamlined operations and cost synergies. Analysts…
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Deloitte India reboots: Young blood in, old guard out
Deloitte India is shaking things up! They’re offering early retirement (“golden handshake”) to senior partners (55+), aiming to inject youthful energy into their leadership. Why? Attracting young talent & adapting to a fast-changing market. They plan for 30% of their…