In the past two years, over 220 private sector companies have announced investment plans adding up to over Rs25,00,000 crore. As India finds itself staring at a severe slowdown, these mega projects will have to be postponed analyse Sucheta Dalal & Debashis Basu
On a drive from Delhi, a top fashion-designer surprised us by saying that the market for designer clothes had completely dried up....
In the autumn of 1399, Tamerlane, the Mongol warlord, had just returned to Samarkand flush with the spoils of his recent ransack of Delhi. While the elephants he had brought from India were hauling stone for a magnificent new mosque, he charged south-west to defeat the Ottoman sultan. In signature style, his soldiers stacked up the heads of 90,000 victims in 120 towers around modern Baghdad....
Raymond is one of the finest Indian brands. It spends huge amounts of money to publicise its premium fabrics. It is also the world’s largest manufacturer of worsted suitings. But, as we keep repeating, there is no correlation between the brand or size and shareholder value. Companies with the best of brands can be value destroyers. Often, investors lose sight of this and go for companies with...
