Missing for over a decade, capital expenditure by companies is expected to pump-prime the stock markets.
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A late entrant, Bajaj is already the No. 2 player in electric three-wheelers. It is now banking on its ‘Chetak strategy’ to take the lead.
Adani and Zoho pausing their plans is a sign that a lot needs to be done before semiconductor fabrication is a viable business.
Last valued at upwards of $2 billion, the beauty and home services business gearing up for an IPO is too small and too susceptible to market challenges. Its draft papers are worth a look.