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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
NDTV and Network18 are now firmly loss-making—and show little urgency to fix the fundamentals.
One of my unpopular views is that a media business is a business like any other. This view is unpopular because people in the media business have an elevated sense of their pursuit. Many believe that theirs is somehow a noble profession, a sort of essential service to the society—and hence the rules of a usual business do not apply to them.
What are the rules of a usual business? The meeting of revenue with costs. The exploitation of profits and intellectual property, ultimately resulting in a sustainable enterprise and wealth creation for its shareholders.
Time and again, it has …
The acquisition of IDBI Bank puts his Fairfax smack dab in the middle of the RBI’s rules on bank ownership. It must now decide whether to sell CSB Bank or merge the two lenders, neither of which will be easy.
