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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.
From the HDFC merger to the Brightcom saga, 2022 was a year with many shades of grey for corporate India.
Editor's note: Of the 120-odd business stories that we did in 2022, about one in six were on Gautam Adani and his ever-growing empire. Such has been Adani’s dominance of Indian business in 2022 that one would inevitably read his name in nearly every other deal, irrespective of the sector. From a landmark real estate project to a giant cement business to a storied media house, the Adani name was stamped all over them. For such a fast-rising conglomerate, it was thus important to also look at its finances, audit practices and the people who had built it. We did that and more. Head to our Business section to read all of them. A few other entrepreneurs and companies also made their presence felt. If you have followed our coverage on Aditya Birla Capital, its CEO Ajay Srinivasan finally took the exit door, forced out by a whistleblower letter. Another Ajay, this time in aviation, managed to hang on. But it was the rumble and tumbles of fintech entrepreneurs that were scarcely believable. We also bid goodbyes to two entrepreneurs. Our obituaries …
While the Rs 9,000 crore promoter investment in Q1 brings a measure of reassurance, investors will still have to wait for Jio and retail to work through their challenges.
After a strong listing, Vedanta Aluminium Metal is running into some headwinds. Aluminium prices are easing, but the sharper challenge is rising competition from Kumar Mangalam Birla and Gautam Adani.
Reliance Consumer Products is relying on aggressive pricing in the hope that its staples brand will become a household name. But such tactics can go only so far.
