For the International Women’s Day, we celebrate the 50 women who featured in our Most Powerful Women (MPW) in Business list for the year 2020. Here’s the editor’s letter from that issue.
The auction made the exchequer richer by around ₹77,815 crore. According to earlier estimates, the government had put on the block airwaves worth ₹3.92 lakh crore.
The Mukesh Ambani-led cash-rich giant is all set to carve out its traditional oil-to-chemicals business into an independent subsidiary, and create a holding structure by itself.
Netflix boss Reed Hastings on the Jio effect on data prices in India, his ‘no rules’ management philosophy, the India growth strategy, and more. A Fortune India exclusive.
Despite the raging Covid-19 pandemic and economic disruptions due to it, Indian investment banking activities grew, hitting a three-year high in 2020, with revenues touching $1.03 billion.
The India Mobile Congress saw the focus shift to the debate on 5G technology and the inherent resilience of Indian telecom industry to withstand the onslaught from the pandemic.
It is difficult for investors to find too many companies in which they can confidently invest at present. Jio is an exception since it offers exactly what a post-Covid world may need.
Despite a weak business outlook, RIL looks well-poised to progress on its debt reduction plans with Jio Platforms likely to see another Facebook-like deal and a rights issue.
Facebook’s $5.7-billion investment in RIL’s subsidiary will help both companies monetise their digital platforms; it will also aid in deleveraging RIL’s balance sheet, says Fitch Ratings.
Once the poster child of India’s growing economic clout, Indian telecom is in the doldrums. A rapid technological shift, competition, and legal wrangles have roiled the sector. What happens now?
