The Morning Context’s stories in 2023

A recap of some of our best stories and the most dominant themes of the year across startups, business and current affairs.

29 December, 20236 min
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The Morning Context’s stories in 2023

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Business
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JSW Energy’s acquisition engine is working—and that is a worry

Rapid asset purchases are driving generation growth, but rising debt and weaker cash flows are testing investor confidence.

Business
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Reliance’s growth engines may be losing steam

Telecom and retail, which account for half the conglomerate’s revenue and most of its valuation, aren’t accelerating fast enough to justify their price tags.

Internet
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Why SoftBank has shunned India

For one of the world’s largest and shrewdest investors to entirely skip putting money in the country is a sign of how quickly the nature of the Indian startup ecosystem has changed.