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Dec 2018

Battleground Telecom

India’s telecom sector is all set for a fight to the finish. And the battle to watch out for will be the one between Ambani and Birla.
Macro

RBI governor Urjit Patel quits

Move seen as fallout of bitter spat with government, comes days before RBI board meeting slated for December 14

Macro

Passenger vehicle sales fall 3.43% in November

According to SIAM, low consumer sentiments and tight liquidity drove down vehicle sales in November.

People

India gets a new chief economic adviser

Subramanian is also on the boards of Bandhan Bank and National Institute of Bank Management.

Enterprise

SoftBank hires former Facebook exec Kirthiga Reddy

Kirthiga Reddy will be a venture partner at SoftBank Investment Advisers, which advises the $100 billion Vision Fund.

Enterprise

Arvind: Stitching a new future

Arvind Ltd began as a textile maker, but evolved into a mini-conglomerate by expanding into garments, retail, and even real estate. It now plans to demerge the businesses to transform itself.

Enterprise

Prestige: E for expansion

Realty major Prestige is getting out of its comfort zone in south India and laying the groundwork for projects in Mumbai and the NCR.