Need new consolidation path to contain fiscal deficit by 2029: Subhash Garg
There is a need to go back to the FRBM and retain the fiscal deficit to 3% of GDP as the target of 4.5% is not good enough.
There is a need to go back to the FRBM and retain the fiscal deficit to 3% of GDP as the target of 4.5% is not good enough.
Apart from handholding a stressed industry, the larger question is—what does GoI hope to achieve by owning a stake in a standalone telco?
Airtel's music streaming arm Wynk will bet on the creator economy and podcasts hoping to be profitable in the long run, says the company's CEO Adarsh Nair.
Astral Poly Technik, a FORTUNE INDIA 500 lister since 2016, and one of FORTUNE INDIA’s TOP 100 Wealth Creators in 2019, sees consolidation picking up in the pipe industry due to the Covid-19 pandemic.
With FY19 revenue of ₹5.81 lakh crore, RIL became the first privately-held and the only other company to become India’s largest corporation apart from Indian Oil for the first time in 10 years.
There is a new wave of consolidation across sectors in the economy. Should India be worried? Or, is it a rite of passage?
Through a series of transactions, KKR will end up with a 51.9% stake in Max Healthcare and Radiant’s Abhay Soi will own a 23.2%.
Consolidation across industries is creating fewer, but larger and stronger entities that can take on an unforgiving economy and stiff competition.